The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 6,920 companies had the same profile as NOTEK has now. Each dot stands for 18 companies, two years later.
85.3%
were still trading
8.3%
stopped another way
5.8%
went bankrupt
Micro
10 to 20 years old
negative equity
a loss of 10% of the balance sheet or more
Another 0.7% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
The companies in ten equal groups, from the lowest to the highest expected share
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
2.9%
3.1%
10
5.6%
6.1%
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,920 companies, not a prediction for NOTEK. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0629762008
Registered office moved within Overijse
New registered office: Brusselsesteenweg 170, 3090 Overijse · Previous registered office: Koestraat 47, 3090 Overijse · General meeting of 07-06-2023 · Gazette deed
Resignations & appointments
General meeting of 16-09-2019 · Gazette deed
Registered-office move · Resignations & appointments
Director in office: Name hiddenVisible after signing in (manager) · General meeting of 18-04-2017 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as NOTEK: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €32,800 and €42,200, founded between 2014 and 2016.
The company number of NOTEK is 0629.762.008. The VAT number is the same number with BE in front: BE 0629.762.008.
Where is NOTEK based?
The registered office is at Brusselsesteenweg 170, 3090 Overijse.Company details
What does NOTEK do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of NOTEK?
NOTEK is a private limited company (pre-2019) (BVBA).
When was NOTEK founded?
NOTEK was founded on 04-05-2015.
Is NOTEK still active?
Yes, NOTEK is an active enterprise in the KBO register.
How many employees does NOTEK have?
NOTEK had an average of 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of NOTEK?
The turnover in financial year 2024 is ≈ €180,000. This figure is estimated from the gross margin of €25,149 and 164 comparable companies (NACE 41001). It probably lies between €97,000 and €320,000.
Is NOTEK profitable?
In financial year 2024, NOTEK made a loss of €4,299.
Where can I find the annual accounts of NOTEK?
NOTEK filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2024.