NoTo
ActiveSummary
NoTo has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €504,903 and a net result of €62. Equity has been growing by about 21% per year since 2018. Its solvency ranks better than 83% of 568 sector peers (NACE 63, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 10-11-2008 Normal situation
- Activity
- Other information service activities NACE 63920
- Establishment unit
- 2.175.173.926 2440 Geel, since 18-12-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 21-12-2025
Board and ownership
- Ellen LievensDirector · since 03-01-2024
- Tommy NotelaersDirector · since 03-01-2024
- Holdings
- Shares in 2 companies A.A.-RENT A CAR and FLEX-RENT
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €13,436
- ▼ 59.9%
- Turnover
- ≈ €91,000
- estimated
- Profit
- €62
- ▼ 99.7%
- Equity
- €504,903
- ▼ 9.9%
- Total assets
- €591,312
- ▼ 1.0%
Score breakdownlowers riskSize: total assets €591,312Figures for financial year 2025 (filed on 09-07-2026)Equity €504,903 (85.4% of total assets)Sector: Computing infrastructure, data processing, hosting and other information service activities (NACE 63)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 63, micro). It does better than 86% of them on solvency, 40% on liquidity, 21% on profitability and 31% on growth.
The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 22 days before the deadline. In the sector (NACE 63), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 09-07-2026 at the NBB all 10 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 70% lower than in 2024 and the lowest since 2021. It is the third fall in a row.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Computing infrastructure, data processing, hosting and other information service activities (NACE 63). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €35,125 | €3,357 | €3,287 | - | €4,630 |
| Pledge on other assets, amount secured | - | - | - | - | €4,630 |
| Carrying value of the other pledged assets | €505,000 | €505,000 | €505,000 | €505,000 | €505,000 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €4,122 | - | €8,423 |
| Financial fixed assets | - | - | - | €43,618 | - |
| Depreciation and write-downs of the year | €928 | €928 | €1,315 | €1,374 | €2,383 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €495 | €928 | €928 | €928 | €928 | €1,315 | €1,374 | €2,383 | ▲ 73.5% |
| Other operating charges640/8 | - | - | - | €534 | €875 | €1,797 | €1,794 | €1,816 | ▲ 1.3% |
| Gross operating margin9900 | €43,701 | €61,988 | €147,622 | €131,670 | €221,596 | €205,652 | €33,526 | €13,436 | ▼ 59.9% |
| Operating profit (loss)9901 | €41,909 | €59,563 | €146,174 | €130,208 | €219,793 | €202,540 | €30,358 | €9,236 | ▼ 69.6% |
| Financial income75/76B | - | - | - | €40 | €438 | €0 | €6,032 | €0 | ▼ 100.0% |
| Recurring financial income75 | €37 | €101 | €151 | €40 | €438 | €0 | €6,032 | €0 | ▼ 100.0% |
| Financial charges65/66B | - | - | - | €4,536 | €5,756 | €9,550 | €10,177 | €8,356 | ▼ 17.9% |
| Recurring financial charges65 | €4,950 | €3,537 | €5,156 | €4,536 | €5,756 | €9,550 | €10,177 | €8,356 | ▼ 17.9% |
| Profit (loss) for the period before taxes9903 | €36,995 | €56,127 | €141,168 | €125,712 | €214,475 | €192,990 | €26,213 | €880 | ▼ 96.6% |
| Income taxes67/77 | €15,508 | €23,679 | €42,410 | €37,931 | €68,257 | €57,900 | €7,849 | €818 | ▼ 89.6% |
| Profit (loss) for the period9904 | €21,488 | €32,448 | €98,758 | €87,781 | €146,218 | €135,090 | €18,364 | €62 | ▼ 99.7% |
| Profit (loss) for the period to be appropriated9905 | €21,488 | €32,448 | €98,758 | €87,781 | €146,218 | €135,090 | €18,364 | €62 | ▼ 99.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €395,426 | €547,057 | €536,363 | €538,878 | €595,099 | €645,411 | €597,129 | €591,312 | ▼ 1.0% |
| Fixed assets21/28 | €332,474 | €508,711 | €507,783 | €506,856 | €505,928 | €508,734 | €550,978 | €513,400 | ▼ 6.8% |
| Tangible fixed assets22/27 | €2,474 | €3,711 | €2,783 | €1,856 | €928 | €3,734 | €2,360 | €8,400 | ▲ 256% |
| Plant, machinery and equipment23 | - | - | - | - | - | - | - | €1,173 | - |
| Furniture and vehicles24 | - | - | - | €1,856 | €928 | €3,734 | €2,360 | €7,226 | ▲ 206% |
| Financial fixed assets28 | €330,000 | €505,000 | €505,000 | €505,000 | €505,000 | €505,000 | €548,618 | €505,000 | ▼ 8.0% |
| Current assets29/58 | €62,953 | €38,346 | €28,580 | €32,022 | €89,171 | €136,677 | €46,151 | €77,913 | ▲ 68.8% |
| Amounts receivable within one year40/41 | €34,875 | €11,047 | €183 | €183 | €51,876 | €57,792 | €6,170 | €9,524 | ▲ 54.4% |
| Trade receivables40 | - | - | - | - | €50,000 | €50,000 | €0 | - | - |
| Other amounts receivable41 | - | - | - | €183 | €1,876 | €7,792 | €6,170 | €9,524 | ▲ 54.4% |
| Current investments50/53 | €14,140 | €17,841 | €21,546 | €25,146 | €28,746 | €40,045 | €26,447 | €29,447 | ▲ 11.3% |
| Cash at bank and in hand54/58 | €13,519 | €9,256 | €6,641 | €4,684 | €8,054 | €32,496 | €3,494 | €33,196 | ▲ 850% |
| Deferred charges and accrued income490/1 | - | - | - | €2,009 | €496 | €6,344 | €10,039 | €5,745 | ▼ 42.8% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €395,426 | €547,057 | €536,363 | €538,878 | €595,099 | €645,411 | €597,129 | €591,312 | ▼ 1.0% |
| Equity10/15 | €117,298 | €149,745 | €248,504 | €307,869 | €407,152 | €542,242 | €560,606 | €504,903 | ▼ 9.9% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €98,698 | €131,145 | €229,904 | €289,269 | €388,552 | €523,642 | €542,006 | €486,303 | ▼ 10.3% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €287,409 | €386,692 | €523,642 | €542,006 | €486,303 | ▼ 10.3% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | €0 | - | €0 | - |
| Amounts payable17/49 | €278,129 | €397,312 | €287,860 | €231,009 | €187,947 | €103,169 | €36,522 | €86,409 | ▲ 137% |
| Amounts payable after more than one year17 | €103,038 | €69,465 | €35,125 | - | - | €1,449 | €0 | €1,387 | - |
| Financial debts170/4 | - | - | - | - | - | €1,449 | €0 | €1,387 | - |
| Amounts payable within one year42/48 | €174,812 | €327,847 | €252,735 | €230,811 | €187,075 | €101,720 | €36,522 | €84,978 | ▲ 133% |
| Current portion of amounts payable after more than one year42 | - | - | - | €35,125 | €3,357 | €1,837 | €1,449 | €3,242 | ▲ 124% |
| Financial debts43 | - | - | - | €3,359 | - | €10,145 | €4,064 | €1,349 | ▼ 66.8% |
| Credit institutions430/8 | - | - | - | €3,359 | - | €10,145 | €4,064 | €1,349 | ▼ 66.8% |
| Trade debts44 | €27,825 | €31,483 | €314 | €3,818 | €1,826 | €5,137 | €5,299 | €22,268 | ▲ 320% |
| Suppliers440/4 | - | - | - | €3,818 | €1,826 | €5,137 | €5,299 | €22,268 | ▲ 320% |
| Taxes, remuneration and social security45 | - | - | - | €64,094 | €75,141 | €60,423 | €11,940 | €2,441 | ▼ 79.6% |
| Taxes450/3 | - | - | - | €64,094 | €75,141 | €60,423 | €11,940 | €2,441 | ▼ 79.6% |
| Other amounts payable47/48 | - | - | - | €124,416 | €106,751 | €24,177 | €13,771 | €55,678 | ▲ 304% |
| Accrued charges and deferred income492/3 | - | - | - | €198 | €872 | €0 | - | €44 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21,488 | €32,448 | €98,758 | €87,781 | €146,218 | €135,090 | €18,364 | €62 | ▼ 99.7% |
| + Depreciation and write-downs630 | €495 | €928 | €928 | €928 | €928 | €1,315 | €1,374 | €2,383 | ▲ 73.5% |
| Operating cash flow (approximation) | €21,982 | €33,375 | €99,686 | €88,709 | €147,146 | €136,405 | €19,738 | €2,445 | ▼ 87.6% |
| Investment in fixed assets (approximation) | - | -€177,165 | €0 | €0 | €0 | -€4,122 | -€43,618 | €35,195 | - |
| Change in cash | - | -€4,262 | -€2,615 | -€1,957 | €3,370 | €24,442 | -€29,002 | €29,703 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 09-07-2026 | 2026-00292840 | |
| 31-12-2024 | abbreviated format | 30-07-2025 | 2025-00346595 | |
| 31-12-2023 | abbreviated format | 30-05-2024 | 2024-00104379 | |
| 31-12-2022 | abbreviated format | 19-06-2023 | 2023-00141412 | |
| 31-12-2021 | abbreviated format | 29-07-2022 | 2022-20251455 | |
| 31-12-2020 | abbreviated format | 27-07-2021 | 2021-41100434 | |
| 31-12-2019 | abbreviated format | 07-07-2020 | 2020-27100275 | |
| 31-12-2018 | abbreviated format | 18-07-2019 | 2019-34700322 | |
| 31-12-2017 | abbreviated format | 29-06-2018 | 2018-25300415 | |
| 31-12-2016 | abbreviated format | 03-07-2017 | 2017-26500388 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 05-01-2024 Converted to unavailable equity · €20,460
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Ellen Lievens |
|
| Tommy Notelaers |
|
Network & group
Holdings and subsidiaries
2 holdings · 2 subsidiaries, including indirect onesHoldings 2
Source for every holding own accounts 2025
- A.A.-RENT A CARsubsidiaryEquity €297,423 Loss of €18,347 in 2025 (loss of €187,694 in 2024) Checked score 8675.15%
- Equity €258,934 Profit of €1,253 in 2025 (profit of €984 in 2024) Checked score 920.07%
All subsidiaries, including indirect ones 2
NoTo or one of its subsidiaries holds more than half of the shares of these companies. A company it consolidates per the LEI register is listed too.
A.A.-RENT A CAR 75.15%1 subsidiary
- FLEX-RENT 99.93%
Board mandates elsewhere
1 board mandateCompanies at the same address
1 other companyConnections & network
2 current directorsThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
Timeline
Acts, filings and financial milestones
05-01
Gazette deed
Change of role: Tommy Notelaers, from manager to directorAppointment: Ellen Lievens (director) · Permanent representative: Tommy Notelaers · Capital14 points ▸
- Capital
- Director resignation, Tommy Notelaers (manager)
- Director appointment, Tommy Notelaers (director (not named in the articles))
- Other provision, “kwijting ontslagnemende zaakvoerder, volgende jaarvergadering” (deed in Dutch)
- Permanent representative, Tommy Notelaers
- Director appointment, Ellen Lievens (director (not named in the articles))
- Registered office clause, “2440 Geel, Kalvariebergstraat 46 bus D” (deed in Dutch)
- Other provision, “website en e-mailadres, voorlopig geen opname” (deed in Dutch)
- Other provision, “BE-0760.818.807, Veerledorp 30,Laakdal” (deed in Dutch)
- General meeting, 06-12-2023
- Other provision, “aanpassing statuten aan WVV, schrapping statutair onbeschikbare eigenvermogensrekening en beschikbaar maken voor uitkeringen” (deed in Dutch)
- Director appointment, Ellen Lievens (director)
- The act holds 2 more points.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
18 activities
- Het verlenen van managementadvies en bijstand in de ruime zin aan eender wie:worden onder meer bedoeld het verstrekken van adviezen van organisatorische,commerciële,technische,financiële en administratieve aard,alsmede op het vlak van het bedrijfsbeleid
- In het algemeen het ter beschikking stellen van een gestructureerd dienstenadvies-,hulp-en bestuurdersbijstandspakket.Dit alles in de meest ruime zin
- De groot-en kleinhandel,de invoer-en uitvoerhandel en de vervaardiging van alle producten en materialen die nuttig of dienstig zijn voor het uitvoeren van de bovenvermelde activiteiten
- Onderneming voor de verhuring en leasing van autovoertuigen,vrachtwagens,bestelwagens,kraanwagens en heftrucks,aanhangwagens en machines,en in het algemeen alle voertuigen en uitrustingen met een commercieel,industrieel of ander nut
- Alle activiteiten met betrekking tot het personen-en goederenvervoer met alle middelen,zowel voor eigen rekening als voor rekening van derden,zowel nationaal als internationaal
- De groot-en kleinhandel,de invoer-en uitvoerhandel van nieuwe en tweedehands motorvoertuigen,vrachtwagens en bestelwagens,alsook hun onderdelen
- Taxibedrijf
- Onderneming voor de uitbating van garage en stalling voor motorvoertuigen
- De opslag en overslag,alsmede het stockbeheer,zowel voor eigen rekening als voor rekening van derden,het verzekeren van distributiediensten en het verpakken,verzenden en conditioneren van goederen voor cliënteel;Reisagentschap,mits te voldoen aan alle wettelijke en reglementaire voorschriften terzake
- Het participeren onder welke vorm het ook zij,in de oprichting,ontwikkeling,omvorming en controle van alle ondernemingen,Belgische of buitenlandse,commerciële of financiële,technische,industriële of andere,de verwerving van eender welke titels of rechten door middel van participatie,inbreng,onderschrijving,koop op vaste lening of aankoopoptie,verhandeling of op iedere andere wijze
- Het uitoefenen van mandaten van bestuurder en/of vereffenaar in andere ondernemingen of vennootschappen
- Holdingvennootschap
- Onderneming in onroerende goederen voor eigen rekening,welke onder meer bevat de verwerving,vervreemding,het beheer,de uitbating,de valorisatie,de verkaveling,de huur en verhuur,het doen bouwen en verbouwen,evenals alle onroerende verhandelingen in de meest ruime zin,inbegrepen de onroerende leasing
- Voor eigen rekening:onderneming in roerende financiële goederen in de ruime zin,zoals onder meer kopen en verkopen van aandelen,fondsen,enzovoort
- De vennootschap mag zich borgstellen en onroerende goederen in pand geven of hypothekeren voor verbintenissen door derde personen of bestuurders of aandeelhouders aangegaan
- Tussenpersoon in de handel,als makelaar in goederen,als zelfstandig handelsvertegenwoordiger,als commissionair en als consignatie
- Het adviseren,organiseren en bemiddelen in de aan-en verkoop,de invoer-en uitvoerhandel;het voeren van algemene tradingactiviteiten,met inbegrip van de groot-en kleinhandel,de invoer-en uitvoerhandel
- Het financieren van aan-en verkooptransacties al dan niet op termijn,van alle roerende en onroerende goederen,het verstrekken van leningen en kredieten,alsmede alle commerciële en financiële verhandelingen die rechtstreeks of onrechtstreeks bij dit voorwerp aansluiten
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13375N0439/00B000 | Flanders | 1,751 m² | 1 · 170 m² | 8.6 m · 2 |