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NOTCO III

Active
Private limited companyfounded 20179 yrs activeEikendreef(Rol) 24, 8510 Kortrijk, BelgiumKBO/BCE: BE 0671.926.027
Summary

NOTCO III has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36,769 and a net result of €668,075. Equity is growing by ~8.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 4034 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Overview

Activity
Activities of notaries
NACE 69102
1 site
Size
€4.1mtotal assets 2025
Equity
€36,769
Profit
€668,075
Turnover not published (abridged schema)
Financial health
92 Excellent Checked score 2025
Bankruptcy chance 12 m
< 0.1%
Structure
Holdings
2
Accounts 51 d early0 of 2 deeds read
Why 92- Equity €36,769 (0.9% of total assets)+ Sector Legal and accounting activities (NACE 69)+ Size: total assets €4.1m+ Figures for FY 2025 (filed 12-06-2026)Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Better than 33% of its sector peers (NACE 69, small)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency 26-50
equity 0.9% of total assets
Liquidity 55+1
short-term debt 81.7% · cash 40.5%
Profitability 89+1
return on assets 16.2%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (1,478 companies)
Last 24 months 07-2026: < 0.1%highest value 08-2026: < 0.1%● 0.0% vs 07-2026highest value 09-2026: < 0.1%● 0.0% vs 08-2026highest value 10-2026: < 0.1%● 0.0% vs 09-2026highest value
  • Sector Legal and accounting activities (NACE 69) lowers the probability
  • Size: total assets €4.1m lowers the probability for this profile
  • Equity €36,769 (0.9% of total assets) raises the probability
  • Figures for FY 2025 (filed 12-06-2026) lowers the probability
Credit up to €3,000 at 30 days acceptable
Liquidity short (current ratio 0.5 against 0.45 in 2024; short-term debt: 81.7% and cash: 40.5% of total assets), and 99.1% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 69, small). Better than this share of them on solvency 5%, liquidity 54%, profitability 73%, growth against the median 1%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Sector Legal and accounting activities (NACE 69)
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Size: total assets €4.1m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Equity €36,769 (0.9% of total assets)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 12-06-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 4034 sector peers (2025).
NBB · sector comparison
Position among 4034 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-06-2026, 51 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
51 d early
2024
77 d early
2023
42 d early
2022
56 d early
2021
59 d early
2020
5 d early
2019
35 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 46 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 5 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
06-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Annual accounts filedfiscal year 2023 · abbreviated…

Key points

  • Caution: Equity fell in 2025from €1.4m to €36,769 ▼ 97.4% View
  • Caution: Among the weakest 6% on solvencysector median 44.4% · 4,034 companies 0.9% View
  • Positive: 8 profitable years in a rowprofit 2025: €668,075 8 years View
  • Positive: Always filed on timeaccounts within the deadline every year 7 years View

By topic

Financials

Fiscal year
2025
Total assets
€4.1m
Profit
€668,075
Solvency
0.9%
Total assets▲ 49.7%
Net result
20182025
Go to Financials

Timeline

Events
11
Since
2019
Next accounts
by 31-07-2027
  1. 10-06-2026Annual accounts filed
  2. 15-05-2025Annual accounts filed
  3. 19-06-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Activities of notariesNACE 69102
Founded
01-03-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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