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NOTEBAERT PRODUKTIE

Active
Public limited companyfounded 1995active for 31 yearsSint-Krispijnstraat 1, 8900 Ieper, BelgiumKBO/BCE: BE 0455.309.288
Summary

NOTEBAERT PRODUKTIE has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €481,497 and a net result of -€10,639. Equity remains stable across the filed financial years (±1.1% per year). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Activity
Manufacture of tobacco products
NACE 12000
1 site
Size
€3.2mtotal assets 2025
Staff
4.2 FTE
Equity
€481,497
Loss
-€10,639
Staff (FTE) -66%: other schema
Financial health
66 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Structure
Parent
JOINVEST · 99.6%
Accounts filed 31 days late1 of 5 deeds read
Why 66raises riskLatest accounts 31 days late; 2 of the last 3 lateLiquidity: current ratio 3.46, cash €3,598, halvedEquity €481,497 (15.0% of total assets)lowers riskFounded in 1995Show the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 42% of its sector peers (all companies)
Financial strength · tick = 2024
Average
Solvency 40+4
equity 15.0% of total assets
Liquidity 46+17
short-term debt 15.9% · cash 0.1%
Profitability 68+14
return on assets -0.3%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (5 companies, NACE 12, micro)
Last 24 months 11-2024: 0.4%lowest value 12-2024: 0.4%● unchanged vs 11-2024lowest value 01-2025: 0.4%● unchanged vs 12-2024lowest value 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.5%▲ +0.1 percentage points vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.7%▲ +0.2 percentage points vs 06-2025 08-2025: 1.1%▲ +0.4 percentage points vs 07-2025 09-2025: 1.3%▲ +0.2 percentage points vs 08-2025highest value 10-2025: 0.5%▼ -0.8 percentage points vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.6%▲ +0.1 percentage points vs 06-2026 08-2026: 1.0%▲ +0.4 percentage points vs 07-2026 09-2026: 1.0%● unchanged vs 08-2026 10-2026: 1.0%● unchanged vs 09-2026
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.46, compared with 1.02 in 2024, above the usual 1.5; short-term debt: 15.9% and cash: 0.1% of total assets), but 85% of the assets are financed with debt and provisions.
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 (all companies): better than 24% on solvency, 54% on liquidity, 62% on profitability and 29% on growth.

The bankruptcy probability was computed on 21-10-2026 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 riskraises riskneutral
raises risk · Latest accounts 31 days late; 2 of the last 3 late
NBB · filings
raises risk · Liquidity: current ratio 3.46, cash €3,598, halved
NBB · annual accounts
raises risk · Equity €481,497 (15.0% of total assets)
NBB · annual accounts
lowers risk · Founded in 1995
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€10,639
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
32 days late
2023
84 days early
2022
11 days early
2021
18 days early
2020
95 days early
2019
45 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 27 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 July (4 of the last 5 filed years within 43 days of that day).
Companies Code · seven months
Where today falls in the filing period
21-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Liquidity more than triplescurrent ratio 3.46
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Caution: Staff fell in 2025different schema filed ▼ 66.1% View
  • Controlled by JOINVEST 99.6% View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€10,639 View

By topic

Financials

Financial year
2025
Total assets
€3.2m
Loss
-€10,639
Solvency
15.0%
Total assets▼ 27.5%
Net result
20182025
Go to Financials

Timeline

Events
36
Since
1996
Next accounts
by 31-07-2027
  1. 31-12-2024Weakest financial year
  2. 18-07-2024Purpose · Amendment of the articles
  3. 08-05-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of tobacco productsNACE 12000
Founded
29-05-1995
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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