NTC
ActiveSummary
NTC has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €125,250 and a net result of €1. Equity is shrinking by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 85% of 3342 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability38▼-7
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity ample (current ratio 6.58 against 6.33 in 2024; short-term debt: 15.2% and cash: 42.8% of total assets), and 15.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
84.1%
Return on assets
0%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
36 d early
2023
51 d early
2022
32 d early
2021
31 d early
2020
5 d early
2019
18 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 27 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 29 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€125,250=
2024 · €125,249
Total assets
€148,857▼ 0.8%
2024 · €150,102
Net result
€1▼ 100.0%
2024 · €4,789
Working capital
€126,243▼ 0.1%
2024 · €126,375
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. 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 fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€502,126▲ 56.8%€515,329▲ 2.6%€204,699▼ 60.3%-€15,548€1,515
Net result€445,714above the sector's middle half▲ 65.3%€446,420above the sector's middle half▲ 0.2%€2.5mabove the sector's middle half▲ 460%€4,789below the sector's middle half▼ 99.8%€1below the sector's middle half▼ 100.0%
Equity€270,460within the sector's middle half=€270,460within the sector's middle half=€120,460below the sector's middle half▼ 55.5%€125,249within the sector's middle half▲ 4.0%€125,250within the sector's middle half=
Total assets€4.7mabove the sector's middle half▼ 12.1%€7.1mabove the sector's middle half▲ 50.8%€2.8mabove the sector's middle half▼ 60.1%€150,102below the sector's middle half▼ 94.7%€148,857below the sector's middle half▼ 0.8%
Debt€4.4m▼ 12.7%€6.8m▲ 53.9%€2.7m▼ 60.3%€24,853▼ 99.1%€23,607▼ 5.0%
Working capital€15,135below the sector's middle half▼ 87.1%€67,050within the sector's middle half▲ 343%€80,016within the sector's middle half▲ 19.3%€126,375within the sector's middle half▲ 57.9%€126,243within the sector's middle half▼ 0.1%
Solvency5.8%below the sector's middle half▲ 0.7pp3.8%below the sector's middle half▼ 1.9pp4.3%below the sector's middle half▲ 0.4pp83.4%above the sector's middle half▲ 79.2pp84.1%above the sector's middle half▲ 0.7pp
Current ratio1.00below the sector's middle half▼ 0.021.01below the sector's middle half▲ 0.011.03below the sector's middle half▲ 0.026.33above the sector's middle half▲ 5.306.58above the sector's middle half▲ 0.26
Return on assets (ROA)9.5%within the sector's middle half▲ 4.5pp6.3%within the sector's middle half▼ 3.2pp88.6%above the sector's middle half▲ 82.3pp3.2%below the sector's middle half▼ 85.4pp0.0%below the sector's middle half▼ 3.2pp
Staff (FTE)7.6within the sector's middle half▼ 3.8%6.8within the sector's middle half▼ 10.5%4.6within the sector's middle half▼ 32.4%
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €1,515 after a loss of €15,548 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €148,857
Equity
€125,250 =
Debt
€23,607 ▼ 5.0%
Debt's share of the balance-sheet total falls from 16.6% to 15.9%. Debt is lower.
Key figures and ratios
Debt to equity
0.19▼
2024 · 0.20
ROE
0.0%▼
2024 · 3.8%
Debt ≤ 1 year
€22,614▼
2024 · €23,727
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,905 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.7%
went bankrupt
4.0%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 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% | 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% 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 10,905 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €6,400 | - | - | - | - |
| Remuneration, social security and pensions62 | €581,357 | €542,759 | €372,666 | €1,043 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €57,017 | €55,823 | €40,771 | - | - | - |
| Other operating charges640/8 | €12,481 | €5,809 | €17,945 | €6,605 | €1,126 | ▼ 82.9% |
| Non-recurring operating charges66A | - | - | €9,375 | - | - | - |
| Gross operating margin9900 | €1.2m | €1.1m | €645,456 | -€7,900 | €2,642 | ▲ 133% |
| Operating profit (loss)9901 | €502,126 | €515,329 | €204,699 | -€15,548 | €1,515 | ▲ 110% |
| Financial income75/76B | €10,191 | €2,754 | €3.1m | €23,763 | - | - |
| Recurring financial income75 | €113 | €2,754 | €18,219 | €23,763 | - | - |
| Non-recurring financial income76B | €10,078 | - | €3.1m | - | - | - |
| Financial charges65/66B | €4,197 | €1,345 | €1,415 | €1,723 | €1,514 | ▼ 12.1% |
| Recurring financial charges65 | €4,197 | €1,345 | €1,415 | €1,723 | €1,514 | ▼ 12.1% |
| Profit (loss) for the period before taxes9903 | €508,119 | €516,738 | €3.3m | €6,493 | €1 | ▼ 100.0% |
| Income taxes67/77 | €62,405 | €70,318 | €805,719 | €1,704 | - | - |
| Profit (loss) for the period9904 | €445,714 | €446,420 | €2.5m | €4,789 | €1 | ▼ 100.0% |
| Profit (loss) for the period to be appropriated9905 | €445,714 | €446,420 | €2.5m | €4,789 | €1 | ▼ 100.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.7m | €7.1m | €2.8m | €150,102 | €148,857 | ▼ 0.8% |
| Fixed assets21/28 | €255,380 | €204,212 | €41,213 | - | - | - |
| Tangible fixed assets22/27 | €255,380 | €204,212 | €41,213 | - | - | - |
| Furniture and vehicles24 | €92,250 | €70,753 | €41,213 | - | - | - |
| Other tangible fixed assets26 | €163,130 | €133,460 | - | - | - | - |
| Current assets29/58 | €4.4m | €6.9m | €2.8m | €150,102 | €148,857 | ▼ 0.8% |
| Amounts receivable within one year40/41 | €250,402 | €315,422 | €126,726 | €102,856 | €83,213 | ▼ 19.1% |
| Trade receivables40 | €139,435 | €212,401 | €69,420 | €22,821 | €26,285 | ▲ 15.2% |
| Other amounts receivable41 | €110,967 | €103,021 | €57,306 | €80,035 | €56,928 | ▼ 28.9% |
| Current investments50/53 | - | - | €2.6m | - | - | - |
| Cash at bank and in hand54/58 | €4.2m | €6.5m | €62,849 | €47,246 | €63,680 | ▲ 34.8% |
| Deferred charges and accrued income490/1 | €25,035 | €54,419 | €5,061 | - | €1,964 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.7m | €7.1m | €2.8m | €150,102 | €148,857 | ▼ 0.8% |
| Equity10/15 | €270,460 | €270,460 | €120,460 | €125,249 | €125,250 | = |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €251,860 | €251,860 | €101,860 | €106,649 | €106,650 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | €250,000 | €250,000 | €100,000 | €106,649 | €106,650 | = |
| Amounts payable17/49 | €4.4m | €6.8m | €2.7m | €24,853 | €23,607 | ▼ 5.0% |
| Amounts payable within one year42/48 | €4.4m | €6.8m | €2.7m | €23,727 | €22,614 | ▼ 4.7% |
| Current portion of amounts payable after more than one year42 | €37,133 | - | - | - | - | - |
| Trade debts44 | €3.1m | €4.3m | €10,292 | €3,200 | €2,145 | ▼ 33.0% |
| Suppliers440/4 | €3.1m | €4.3m | €10,292 | €3,200 | €2,145 | ▼ 33.0% |
| Taxes, remuneration and social security45 | €707,861 | €1.5m | €19,890 | €482 | €425 | ▼ 11.8% |
| Taxes450/3 | €14,407 | €21,965 | €19,890 | €482 | €425 | ▼ 11.8% |
| Remuneration and social security454/9 | €693,454 | €1.5m | - | - | - | - |
| Other amounts payable47/48 | €570,672 | €981,963 | €2.7m | €20,044 | €20,044 | = |
| Accrued charges and deferred income492/3 | €55 | €802 | €769 | €1,126 | €993 | ▼ 11.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €445,714 | €446,420 | €2.5m | €4,789 | €1 | ▼ 100.0% |
| + Depreciation and write-downs630 | €57,017 | €55,823 | €40,771 | - | - | - |
| Operating cash flow (approximation) | €502,731 | €502,243 | €2.5m | €4,789 | €1 | ▼ 100.0% |
| Investment in fixed assets (approximation) | - | -€4,655 | €122,228 | - | - | - |
| Change in cash | - | €2.3m | -€6.4m | -€15,603 | €16,434 | ▲ 205% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €1 ▼100%
Net result drops to €1, the lowest in the series.
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity times 6current ratio 6.33
Current ratio from 1.03 to 6.33; short-term debt falls from €2.7m to €23,727.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €2.5m ▲460%
Net result €2.5m, the highest in the series.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Izegem · 1 establishment unit since 2007
Ground area
2,577 m²
Building footprint
1,247 m²
Volume, LiDAR
18,528 m³
Parcel 36008A0344/00E002, Flanders · tallest building 17.3 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Gentsestraat 36, 8870 Izegem
since 20072.190.695.411
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36008A0344/00E002 | Flanders | 2,577 m² | 1 · 1,247 m² | 17.3 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerOwners 1
- TCparentSourceaccounts TC 30-06-2025100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 2,043 EUR awarded · 2,043 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 226 EUR | 226 EUR |
| 2022 | 1 | 1,817 EUR | 1,817 EUR |
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PATRICIA VAN BEVER ET MARIE-HELENE CLAVAREAU - NOTAIRES ASSOCIES
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Of 2,260 companies in sector 69102 we hold annual accounts for 1,754. 1,375 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-06-2007
Fiscal year end31-12
Activities, NACEBEL 2025
69102Activities of notaries
E-invoicing
Reachable via Peppol
Peppol ID
0208:0889844841
Also
9925:BE0889844841
Registered
24-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.