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Notify

Active
Private limited companyfounded 2015active for 11 yearsLijsterdreef(LIN) 33, 3210 Lubbeek, BelgiumKBO/BCE: BE 0604.969.895
Summary

Notify has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€61,946) and a net result of €49,402. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 21,064 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

Equity
-€61,946▲ 42.3%
2024 · -€107,321
Total assets
€93,230▲ 11.6%
2024 · €83,509
Net result
€49,402▲ 224%
2024 · €15,236
Working capital
€44,415
2024 · -€13,850
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result returns to profit in 2025: €45,703 after a loss of €7,841 in 2024, the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€45,703 2025 Net result€49,402 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: 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), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€35,347-€31,408▼ 11.1%-€110,686-€59,999▲ 45.8%-€77,238▼ 28.7%-€79,488▼ 2.9%-€7,841▲ 90.1%€45,703
Net result€32,468-€32,349▼ 0.4%-€91,139below the sector's middle half-€37,008below the sector's middle half▲ 59.4%-€48,778below the sector's middle half▼ 31.8%-€51,295below the sector's middle half▼ 5.2%€15,236within the sector's middle half€49,402within the sector's middle half▲ 224%
Equity€67,088-€222,641▲ 232%€125,640within the sector's middle half▼ 43.6%€58,605within the sector's middle half▼ 53.4%-€20,202below the sector's middle half-€99,324below the sector's middle half▼ 392%-€107,321below the sector's middle half▼ 8.1%-€61,946below the sector's middle half▲ 42.3%
Total assets€287,051-€557,346▲ 94.2%€508,869above the sector's middle half▼ 8.7%€358,004above the sector's middle half▼ 29.6%€200,790within the sector's middle half▼ 43.9%€81,597within the sector's middle half▼ 59.4%€83,509within the sector's middle half▲ 2.3%€93,230within the sector's middle half▲ 11.6%
Debt€219,963-€334,705▲ 52.2%€383,229▲ 14.5%€299,399▼ 21.9%€220,992▼ 26.2%€180,921▼ 18.1%€190,829▲ 5.5%€155,177▼ 18.7%
Working capital-€16,487-€121,993€32,830within the sector's middle half▼ 73.1%-€43,513below the sector's middle half-€53,019below the sector's middle half▼ 21.8%-€61,388below the sector's middle half▼ 15.8%-€13,850below the sector's middle half▲ 77.4%€44,415within the sector's middle half
Solvency23.4%-39.9%▲ 16.6pp24.7%below the sector's middle half▼ 15.3pp16.4%below the sector's middle half▼ 8.3pp-10.1%below the sector's middle half▼ 26.4pp-121.7%below the sector's middle half▼ 111.7pp-128.5%below the sector's middle half▼ 6.8pp-66.4%below the sector's middle half▲ 62.1pp
Current ratio0.92-1.83▲ 0.911.22below the sector's middle half▼ 0.610.67below the sector's middle half▼ 0.550.25below the sector's middle half▼ 0.430.05below the sector's middle half▼ 0.190.81below the sector's middle half▲ 0.762.14within the sector's middle half▲ 1.33
Return on assets (ROA)11.3%-5.8%▼ 5.5pp-17.9%below the sector's middle half▼ 23.7pp-10.3%below the sector's middle half▲ 7.6pp-24.3%below the sector's middle half▼ 14.0pp-62.9%below the sector's middle half▼ 38.6pp18.2%within the sector's middle half▲ 81.1pp53.0%above the sector's middle half▲ 34.7pp
Staff (FTE)5-5=4.5above the sector's middle half▼ 10.0%2.3▼ 48.9%0.1▼ 95.7%
above within below the middle half of NACE 62, Computer programming, consultancy and related activities: 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.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €93,230
Fixed assets €9,964 ▼ 56.4%
Current assets €83,266 ▲ 37.3%
Equity and liabilities
Equity-€61,946
Debt€155,177
Equity is negative: debt (€155,177) exceeds the balance-sheet total (€93,230).
Key figures and ratios
2025 value · change against 2024
EBITDA
€61,221▲
2024 · €49,483
Cash flow
€64,920▼
2024 · €72,559
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€38,851▼
2024 · €74,504
Debt > 1 year
€116,325=
2024 · €116,325
Income taxes
€146▲
2024 · €78
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,632 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 91.9% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a profit of 5% of the balance sheet or more
2.9% went bankrupt
4.8% stopped otherwise
91.9% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.1% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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 3,632 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€83,509€93,230▲
Fixed assets21/28€22,855€9,964▼
Intangible fixed assets21€20,960€6,739▼
Tangible fixed assets22/27€1,895€3,225▲
Plant, machinery and equipment23€1,895€3,225▲
Current assets29/58€60,654€83,266▲
Amounts receivable within one year40/41€30,214€33,955▲
Trade receivables40€30,214€33,938▲
Other amounts receivable41€0€17▲
Cash at bank and in hand54/58€29,885€47,828▲
Deferred charges and accrued income490/1€555€1,484▲
Equity and liabilities
Total equity and liabilities10/49€83,509€93,230▲
Equity10/15-€107,321-€61,946▲
Contributions10/11€18,600€18,600=
Reserves13€0-
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Profit (loss) carried forward14-€129,948-€80,546▲
Investment grants15€4,028€0▼
Amounts payable17/49€190,829€155,177▼
Amounts payable after more than one year17€116,325€116,325=
Financial debts170/4€116,325€116,325=
Amounts payable within one year42/48€74,504€38,851▼
Trade debts44€2,910€6,459▲
Suppliers440/4€2,910€6,459▲
Taxes, remuneration and social security45€9,138€7,878▼
Taxes450/3€9,138€5,878▼
Remuneration and social security454/9-€2,000
Other amounts payable47/48€62,456€24,514▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57,324€15,518▼
Other operating charges640/8€546€400▼
Gross operating margin9900€50,029€61,620▲
Operating profit (loss)9901-€7,841€45,703▲
Financial income75/76B€23,232€4,050▼
Recurring financial income75€23,232€4,050▼
Financial charges65/66B€77€205▲
Recurring financial charges65€77€205▲
Profit (loss) for the period before taxes9903€15,314€49,548▲
Income taxes67/77€78€146▲
Profit (loss) for the period9904€15,236€49,402▲
Profit (loss) for the period to be appropriated9905€15,236€49,402▲
Appropriation of the result
Profit (loss) to be appropriated9906-€131,951-€80,546▲
Profit (loss) brought forward from the previous period14P-€147,187-€129,948▲
Transfer from equity791/2€2,003€0▼

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€141,978€5,684€0---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,254€27,036€63,831€78,330€84,684€73,207€57,324€15,518▼ 72.9%
Other operating charges640/8---€20,559€1,252€828€546€400▼ 26.8%
Gross operating margin9900€309,324€372,222€216,869€180,868€14,382-€5,453€50,029€61,620▲ 23.2%
Operating profit (loss)9901€35,347€31,408-€110,686-€59,999-€77,238-€79,488-€7,841€45,703-
Financial income75/76B---€30,028€30,236€30,028€23,232€4,050▼ 82.6%
Recurring financial income75€0€6,859€26,017€30,028€30,236€30,028€23,232€4,050▼ 82.6%
Financial charges65/66B---€6,566€1,812€1,834€77€205▲ 166%
Recurring financial charges65€2,219€5,517€5,913€6,566€1,812€1,834€77€205▲ 166%
Profit (loss) for the period before taxes9903€33,127€32,750-€90,582-€36,537-€48,814-€51,295€15,314€49,548▲ 224%
Income taxes67/77€659€401€558€470-€36€0€78€146▲ 86.5%
Profit (loss) for the period9904€32,468€32,349-€91,139-€37,008-€48,778-€51,295€15,236€49,402▲ 224%
Profit (loss) for the period to be appropriated9905€32,468€32,349-€91,139-€37,008-€48,778-€51,295€15,236€49,402▲ 224%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€287,051€557,346€508,869€358,004€200,790€81,597€83,509€93,230▲ 11.6%
Fixed assets21/28€99,827€288,214€326,743€268,777€183,483€78,266€22,855€9,964▼ 56.4%
Intangible fixed assets21€76,227€276,404€255,483€223,368€150,817€78,266€20,960€6,739▼ 67.8%
Tangible fixed assets22/27€23,601€11,810€70,961€45,183€32,665€0€1,895€3,225▲ 70.2%
Plant, machinery and equipment23---€2,038€656€0€1,895€3,225▲ 70.2%
Furniture and vehicles24---€43,145€32,009€0---
Financial fixed assets28--€300€225€0----
Current assets29/58€187,224€269,132€182,126€89,227€17,308€3,331€60,654€83,266▲ 37.3%
Amounts receivable within one year40/41€45,751€59,470€89,540€70,394€10,646€2,404€30,214€33,955▲ 12.4%
Trade receivables40---€70,227€10,088€2,142€30,214€33,938▲ 12.3%
Other amounts receivable41---€167€559€262€0€17-
Cash at bank and in hand54/58€135,850€204,876€84,979€14,011€4,758€927€29,885€47,828▲ 60.0%
Deferred charges and accrued income490/1---€4,822€1,903€0€555€1,484▲ 167%
Equity and liabilities
Total equity and liabilities10/49€287,051€557,346€508,869€358,004€200,790€81,597€83,509€93,230▲ 11.6%
Equity10/15€67,088€222,641€125,640€58,605-€20,202-€99,324-€107,321-€61,946▲ 42.3%
Contributions10/11€16,400€16,400-€16,400€16,400€18,600€18,600€18,600=
Reserves13€2,003€2,003€2,003€2,003€2,003€2,003€0--
Non-distributable reserves130/1---€2,003€2,003€2,003€0--
Reserves not available under the articles1311---€2,003€2,003€2,003€0--
Profit (loss) carried forward14€48,685€81,033-€10,106-€47,114-€95,892-€147,187-€129,948-€80,546▲ 38.0%
Investment grants15---€87,316€57,288€27,260€4,028€0▼ 100%
Amounts payable17/49€219,963€334,705€383,229€299,399€220,992€180,921€190,829€155,177▼ 18.7%
Amounts payable after more than one year17€14,913€183,851€230,202€163,273€150,665€116,202€116,325€116,325=
Financial debts170/4---€163,273€150,665€116,202€116,325€116,325=
Amounts payable within one year42/48€203,711€147,139€149,296€132,740€70,327€64,719€74,504€38,851▼ 47.9%
Current portion of amounts payable after more than one year42---€13,629€7,110€0---
Trade debts44€89,491€47,495€44,537€39,217€2,637€2,140€2,910€6,459▲ 122%
Suppliers440/4---€39,217€2,637€2,140€2,910€6,459▲ 122%
Taxes, remuneration and social security45---€22,234€0-€9,138€7,878▼ 13.8%
Taxes450/3---€13,439€0-€9,138€5,878▼ 35.7%
Remuneration and social security454/9---€8,795€0--€2,000-
Other amounts payable47/48---€57,660€60,580€62,580€62,456€24,514▼ 60.8%
Accrued charges and deferred income492/3---€3,387€0----
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€32,468€32,349-€91,139-€37,008-€48,778-€51,295€15,236€49,402▲ 224%
+ Depreciation and write-downs630€13,254€27,036€63,831€78,330€84,684€73,207€57,324€15,518▼ 72.9%
Operating cash flow (approximation)€45,722€59,384-€27,308€41,322€35,905€21,913€72,559€64,920▼ 10.5%
Investment in fixed assets (approximation)--€215,422-€102,361-€20,363€610€32,009-€1,913-€2,627▼ 37.3%
Change in cash-€69,026-€119,897-€70,969-€9,253-€3,830€28,957€17,943▼ 38.0%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (10)
Financial year Type Filed Reference
31-12-2025 micro format 23-06-2026 2026-00186849
31-12-2024 micro format 26-06-2025 2025-00179980
31-12-2023 micro format 27-06-2024 2024-00170230
31-12-2022 micro format 26-06-2023 2023-00156968
31-12-2021 micro format 18-07-2022 2022-20195024
31-12-2020 micro format 25-06-2021 2021-24500113
31-12-2019 micro format 06-07-2020 2020-26400238
31-12-2018 micro format 28-06-2019 2019-25600255
31-12-2017 micro format 29-06-2018 2018-26000429
31-12-2016 abbreviated format 29-06-2017 2017-25800265

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 29,872 active companies whose main activity is computer consultancy and computer facilities management (NACE 62200), figures are known for 18,794. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.