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NOTCO III

Active
Private limited companyfounded 20179 years 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 4,038 sector peers (NACE 69, 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 probability, 12 months
< 0.1%
Structure
Holdings
2
Accounts 51 days 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%
Financially better than 33% of its sector peers (NACE 69, small)
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%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
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 follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 69, small): better than 5% on solvency, 54% on liquidity, 73% on profitability and 1% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Sector Legal and accounting activities (NACE 69)
KBO
lowers risk · Size: total assets €4.1m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Equity €36,769 (0.9% of total assets)
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 12-06-2026)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 4038 sector peers (2025).
NBB · sector comparison
Position among 4038 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 days early
2024
77 days early
2023
42 days early
2022
56 days early
2021
59 days early
2020
5 days early
2019
35 days 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
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
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 44.5% · 4,038 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. 05-06-2023Annual accounts filed
  2. 02-06-2022Annual accounts filed
  3. 31-12-2021Highest result since 2018
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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