Noteg
ActiveSummary
Noteg has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €69,141 and a net result of €26,440. Equity is growing by about 66% per year across the filed financial years. Its solvency ranks better than 85% of 13,642 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Equity
- €69,141
- Profit
- €26,440
Why 96raises riskFounded in 2023Size: total assets €82,686lowers riskLiquidity: current ratio 5.88, cash €77,024Equity €69,141 (83.6% of total assets)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 46, micro): better than 90% on solvency, 93% on liquidity, 95% on profitability and 90% on growth.
The bankruptcy probability was computed on 27-10-2026 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
This company filed its last 3 accounts on average 77 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Highest result from 2023 to 2025net €29,995 ▲185%
Financials · financial year 2025, micro format
2023 to 2025, 3 financial years
The operating result falls in 2025; 2025 is 13% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €423 | €855 | €1,244 | ▲ 45.5% |
| Other operating charges640/8 | €162 | €266 | €582 | ▲ 119% |
| Gross operating margin9900 | €16,982 | €42,129 | €37,657 | ▼ 10.6% |
| Operating profit (loss)9901 | €16,398 | €41,008 | €35,831 | ▼ 12.6% |
| Financial income75/76B | €10 | €84 | €1 | ▼ 99.4% |
| Recurring financial income75 | €10 | €84 | €1 | ▼ 99.4% |
| Financial charges65/66B | €1,690 | €2,674 | €1,833 | ▼ 31.4% |
| Recurring financial charges65 | €1,690 | €2,674 | €1,833 | ▼ 31.4% |
| Profit (loss) for the period before taxes9903 | €14,718 | €38,419 | €33,998 | ▼ 11.5% |
| Income taxes67/77 | €4,212 | €8,424 | €7,558 | ▼ 10.3% |
| Profit (loss) for the period9904 | €10,506 | €29,995 | €26,440 | ▼ 11.9% |
| Profit (loss) for the period to be appropriated9905 | €10,506 | €29,995 | €26,440 | ▼ 11.9% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €47,376 | €52,656 | €82,686 | ▲ 57.0% |
| Fixed assets21/28 | €3,210 | €2,355 | €3,865 | ▲ 64.1% |
| Tangible fixed assets22/27 | €3,150 | €2,295 | €3,805 | ▲ 65.8% |
| Plant, machinery and equipment23 | €3,150 | €2,295 | €1,440 | ▼ 37.2% |
| Furniture and vehicles24 | - | - | €2,364 | - |
| Financial fixed assets28 | €60 | €60 | €60 | = |
| Current assets29/58 | €44,167 | €50,301 | €78,821 | ▲ 56.7% |
| Amounts receivable within one year40/41 | €17,211 | €1,153 | €55 | ▼ 95.2% |
| Trade receivables40 | €17,182 | €1 | €0 | ▼ 100% |
| Other amounts receivable41 | €29 | €1,152 | €55 | ▼ 95.2% |
| Cash at bank and in hand54/58 | €26,255 | €47,450 | €77,024 | ▲ 62.3% |
| Deferred charges and accrued income490/1 | €700 | €1,697 | €1,742 | ▲ 2.6% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €47,376 | €52,656 | €82,686 | ▲ 57.0% |
| Equity10/15 | €12,706 | €42,701 | €69,141 | ▲ 61.9% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €9,706 | €9,706 | €9,706 | = |
| Distributable reserves133 | €9,706 | €9,706 | €9,706 | = |
| Profit (loss) carried forward14 | €0 | €29,995 | €56,435 | ▲ 88.1% |
| Amounts payable17/49 | €34,670 | €9,955 | €13,544 | ▲ 36.1% |
| Amounts payable within one year42/48 | €34,563 | €8,354 | €13,410 | ▲ 60.5% |
| Trade debts44 | €3,763 | €2,523 | €3,376 | ▲ 33.8% |
| Suppliers440/4 | €3,763 | €2,523 | €3,376 | ▲ 33.8% |
| Taxes, remuneration and social security45 | €12,477 | €3,424 | €8,478 | ▲ 148% |
| Taxes450/3 | €12,477 | €3,424 | €8,478 | ▲ 148% |
| Other amounts payable47/48 | €18,323 | €2,407 | €1,556 | ▼ 35.4% |
| Accrued charges and deferred income492/3 | €107 | €1,601 | €135 | ▼ 91.6% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,506 | €29,995 | €26,440 | ▼ 11.9% |
| + Depreciation and write-downs630 | €423 | €855 | €1,244 | ▲ 45.5% |
| Operating cash flow (approximation) | €10,929 | €30,849 | €27,684 | ▼ 10.3% |
| Investment in fixed assets (approximation) | - | €0 | -€2,754 | - |
| Change in cash | - | €21,195 | €29,574 | ▲ 39.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 23-02-2026 | 2026-00043908 |
| 31-12-2024 | micro format | 24-06-2025 | 2025-00207674 |
| 31-12-2023 | micro format | 25-06-2024 | 2024-00170003 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| VAN HEGHE Olivier Urbain Hermina |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
09-05
Gazette deed
IncorporationAppointment: VAN HEGHE Olivier Urbain Hermina (director) · Founder · Founding capital8 facts ▸
- Incorporation, “Noteg” (deed in Dutch)
- Founder, VAN HEGHE Olivier Urbain Hermina
- Founding capital, €3,000
- Bank account, “storting inbreng, bijzondere rekening namens vennootschap in oprichting” (deed in Dutch)
- Other provision, “niet-boeking op onbeschikbare eigenvermogensrekening” (deed in Dutch)
- Registered office clause, “Markiesakker 29,9070 Destelbergen” (deed in Dutch)
- Director appointment, VAN HEGHE Olivier Urbain Hermina (director)
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen die eruit voortvloeien en alle activiteiten” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44013A0060/00N000 | Flanders | 576 m² | 1 · 122 m² | 8.0 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het verstrekken van management-,business- en technologische adviesdiensten voor…” (deed in Dutch)
22 activities (deed in Dutch)
- Het verstrekken van management-,business- en technologische adviesdiensten voor beheerstechnische,commerciële,financiële,organisatorische,operationele en administratieve aangelegenheden in de ruimste zin alsook het aansturen van een salesteam met het oog op het behalen van de doelstellingen.Voormelde bijstand en diensten kunnen verleend worden aan bedrijven,de overheid en personen,hetzij rechtstreeks of onrechtstreeks,en dit zowel voor nieuw op te richten of bestaande ondernemingen.
- Het verlenen van adviesdiensten en praktische hulp aan bedrijven in verband met marketing,communicatie en public relations.Het begeleiden van een salesteam tijdens gesprekken,evaluaties,ontwikkelen van het human potentieel.Het geven van verkoopsopleidingen.
- Het verlenen van vertaaldiensten.
- Het organiseren van congressen en beurzen.
- Marktonderzoeksbureau en publiciteitsagentschap.
- Het ontwikkelen,kopen,verkopen,in licentie nemen of geven van octrooien,knowhow en aanverwante immateriële duurzame activa.
- De verhuring van divers materiaal,alle roerende en onroerende goederen.
- De aan- en verkoop,in- en uitvoer,commissiehandel en vertegenwoordiging van om het even welke goederen en diensten,in het kort tussenpersoon in de handel.
- De handelsbemiddeling in nieuwe en gebruikte wagens,bestelwagens,vrachtwagens,autobussen,motorhomes,enz....evenals de handelsbemiddeling in onderdelen,accessoires,banden,smeer- en koelmiddelen,motorbrandstoffen,enzovoort.
- De aan- en verkoop van 2de handswagens.
- Het onderhoud en herstelling van wagens,bestelwagens,autobussen,motorhomes,de revisie van automotoren,de installatie van onderdelen en accessoires,inclusief de ombouw- en uitbouwwerkzaamheden,de pechverhelping,het slepen van voertuigen,de activiteiten in verband met mechanische sporten,de uitbating van carwash evenals alle aanverwante werkzaamheden.
- De verhuur van voertuigen,inclusief personenwagens,al dan niet met chauffeur,de uitbating van een taxibedrijf,de organisatie en exploitatie van personenvervoer met wagens,autobussen,met of zonder dienstregeling.
- Het goederenvervoer over de weg,bestel- en koerierdiensten inclusief expresleveringen.
- Het beheer van onroerend vermogen,immobiliën,vastgoedontwikkeling,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit doel in verband staan en die aard zijn de opbrengst van onroerende goederen te bevorderen,zoals het onderhoud,de ontwikkeling,de verfraaiing en de verhuring van deze goederen,alsmede zich borg stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze onroerende goederen.
- Het verkrijgen,bezitten,vervreemden beheren,ontwikkelen,verhuren,verpachten,hypothekeren of in het algemeen bezwaren van onroerende goederen en/of enig recht of belang in onroerende goederen.
- Het beleggen,beheren en uitbaten voor eigen rekening van roerende waarden en bezittingen.
- Het waarnemen van alle bestuursopdrachten,het uitoefenen van opdrachten en functies in andere vennootschappen en/of ondernemingen.
- Het optreden voor eigen rekening en/of voor rekening van derden bij onderhandelingen voor gehele of gedeeltelijke overname van aandelen of participaties.
- De vennootschap kan deelnemen of zich op andere wijze interesseren in allerhande vennootschappen,ondernemingen,groeperingen en organisaties en hieraan leningen verstrekken.
- De vennootschap kan daarenboven samenwerken met,deelnemen in op gelijk welke wijze,rechtstreeks of zijdelings,belangen nemen in alle vennootschappen,ondernemingen,syndicaten of groeperingen,bestaande of op te richten,zowel in België als in het buitenland,die een de ontwikkeling in haar onderneming te bevorderen.De vennootschap kan hiervoor alle verbintenissen aangaan,onroerende goederen kopen en verkopen,kredieten aangaan,zich voor derden borg stellen door haar goederen in hypotheek of in pand te geven.
- Alle verrichtingen van burgerlijke,commerciële industriële,onroerende,roerende of financiële aard die rechtstreeks of onrechtstreeks met haar doel verwant zijn of verwezenlijking ervan kunnen bevorderen.
- Om haar doel te verwezenlijken kan de vennootschap alle verbintenissen aangaan,kredieten en leningen aangaan en toestaan,en zich voor derden borg stellen,hetzij door vestigen van persoonlijke zekerheden,hetzij door vestigen van zakelijke zekerheden,mits inachtnemingen van de wettelijke vereisten inzake erkenning van dergelijke activiteiten,waar dit vereist zou zijn.
- Name clauseThe name the company operates under according to its articles.
- Noteg
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, alle handelingen behalve deze die zijn voorbehouden aan de algemene vergadering door de wet of de statuten” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of June at 20:00