ACTIVE

NOTAWEST

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Financial year 2025 · closed on 31/12/2025

Net result

122,5 k €

-14.8% YoY

Gross margin

738,8 k €

-1.0% YoY

Equity

255,6 k €

+1.0% YoY

Workforce

5,9 ETP

0.0% YoY

What does NOTAWEST do?

NOTAWEST is a Private limited company incorporated in 2002. Its main activity is: Legal activities. Its registered office is in Westerlo. It employs on average 5,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0478.601.661

Incorporation

17/10/2002

Legal form

Private limited company

Registered office

Koning Leopoldlaan 59
2260 Westerlo · FlandreSee on map

Contributed capital

18 550,00 €

Latest accounts

31/12/2025

Average workforce

5,9 ETP

Activities (NACE)

69102Legal activities· main 69102Legal activities 74112Specialised design activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	738,8 k €	-1.0%	746 k €	+12.7%	662 k €	+3.2%	641,4 k €	-4.0%	668,2 k €	+9.7%	608,9 k €	-12.5%	695,6 k €	+97.3%	352,6 k €	-5.5%	373,3 k €	+1.3%	368,6 k €	-40.0%	614,8 k €	+39.9%	439,3 k €	-18.5%	539,1 k €	+7.7%	500,7 k €	-11.0%	562,4 k €	+15.2%	488,4 k €	-3.9%	508,2 k €	-14.6%	595,1 k €	-18.6%	731,2 k €	+59.9%	457,4 k €
EBITDA	171 k €	-16.4%	204,5 k €	+91.0%	107,1 k €	-30.8%	154,8 k €	-37.9%	249,4 k €	-17.3%	301,6 k €	-24.3%	398,6 k €	+321%	94,8 k €	-30.0%	135,4 k €	-30.9%	195,9 k €	-42.6%	341,7 k €	+148%	137,7 k €	-6.5%	147,3 k €	+0.6%	146,5 k €	-39.5%	242,1 k €	+14.1%	212,1 k €	-14.9%	249,4 k €	-17.1%	300,9 k €	-40.6%	506,4 k €	+90.5%	265,8 k €
Operating result	116,6 k €	-19.7%	145,2 k €	+215%	46,1 k €	-45.3%	84,3 k €	-53.0%	179,5 k €	-23.9%	235,8 k €	-36.7%	372,8 k €	+436%	69,5 k €	-45.1%	126,5 k €	-31.2%	183,9 k €	-44.9%	333,8 k €	+157%	129,9 k €	-4.8%	136,5 k €	+0.3%	136,1 k €	-39.7%	225,8 k €	+19.3%	189,3 k €	-21.4%	240,9 k €	-17.3%	291,3 k €	-24.4%	385,5 k €	+347%	86,2 k €
Net result	122,5 k €	-14.8%	143,8 k €	+320%	34,2 k €	-49.8%	68,2 k €	-54.9%	151,1 k €	-31.8%	221,7 k €	-26.1%	299,9 k €	+3928%	-7,8 k €	-130%	25,9 k €	-79.7%	127,6 k €	-48.3%	246,9 k €	+373%	52,2 k €	-38.7%	85,2 k €	-14.2%	99,2 k €	-36.2%	155,6 k €	+25.0%	124,5 k €	-24.6%	165,3 k €	-22.5%	213,3 k €	-24.3%	281,8 k €	+425%	53,6 k €
Balance sheet
Equity	255,6 k €	+1.0%	253,1 k €	+1.5%	249,2 k €	+0.1%	249 k €	+7.9%	230,8 k €	+28.5%	179,7 k €	+25.6%	143 k €	+26.4%	113,1 k €	-6.5%	121 k €	+7.0%	113 k €	+18.5%	95,4 k €	0.0%	95,4 k €	+121%	43,2 k €	+10.2%	39,2 k €	0.0%	39,2 k €	-80.6%	202,3 k €	+13.8%	177,8 k €	+9.4%	162,6 k €	+11.6%	145,7 k €	-28.5%	204 k €
Total assets	738,6 k €	-9.2%	813 k €	+20.1%	676,9 k €	-89.8%	6,7 M €	+35.1%	4,9 M €	-24.0%	6,5 M €	-25.6%	8,7 M €	+96.8%	4,4 M €	+4.2%	4,2 M €	-16.4%	5,1 M €	+1.0%	5 M €	+38.6%	3,6 M €	+53.1%	2,4 M €	+23.7%	1,9 M €	+13.7%	1,7 M €	-53.8%	3,6 M €	+35.2%	2,7 M €	-31.2%	3,9 M €	+10.4%	3,5 M €	-20.6%	4,5 M €
Cash	353,8 k €	-4.4%	370 k €	+57.6%	234,8 k €	-96.1%	6,1 M €	+40.9%	4,3 M €	-25.3%	5,8 M €	-29.0%	8,1 M €	+94.8%	4,2 M €	+1.3%	4,1 M €	-16.7%	4,9 M €	+1.8%	4,9 M €	+61.4%	3 M €	+31.8%	2,3 M €	+27.1%	1,8 M €	+11.9%	1,6 M €	-53.7%	3,5 M €	+42.8%	2,4 M €	-32.7%	3,6 M €	+11.8%	3,2 M €	-23.3%	4,2 M €
Debts	483 k €	-13.7%	559,9 k €	+32.5%	422,6 k €	-93.4%	6,4 M €	+36.4%	4,7 M €	-25.5%	6,3 M €	-26.4%	8,6 M €	+99.0%	4,3 M €	+4.3%	4,1 M €	-16.9%	5 M €	+0.7%	4,9 M €	+39.6%	3,5 M €	+51.8%	2,3 M €	+24.0%	1,9 M €	+14.0%	1,6 M €	-52.2%	3,4 M €	+36.7%	2,5 M €	-33.0%	3,8 M €	+10.3%	3,4 M €	-20.3%	4,3 M €
Other
Workforce	5,9 ETP	0.0%	5,9 ETP	-4.8%	6,2 ETP	+1.6%	6,1 ETP	+7.0%	5,7 ETP	+21.3%	4,7 ETP	-4.1%	4,9 ETP	+14.0%	4,3 ETP	+7.5%	4,0 ETP	+25.0%	3,2 ETP	+6.7%	3,0 ETP	-14.3%	3,5 ETP	0.0%	3,5 ETP	0.0%	3,5 ETP	0.0%	3,5 ETP	0.0%	3,5 ETP	0.0%	3,5 ETP	0.0%	3,5 ETP	+2.9%	3,4 ETP	+6.2%	3,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

Notariële Participatievennootschap Van Cauwenbergh Lien

Director · since 31 janvier 2020 · 0645.687.725

Represented by Lien Van Cauwenbergh

Active

Ended mandates

Bruno NAETS

Director · since 06 janvier 2016 · until 10 août 2019

Ended

Bruno NAETS

Manager · since 06 janvier 2016

Ended

Notariële Participatievennootschap Van Cauwenbergh Lien

Director · since 06 janvier 2016 · 0645.687.725

Represented by Lien VAN CAUWENBERGH

Ended

Notariële Participatievennootschap Van Cauwenbergh Lien

Manager · since 06 janvier 2016 · 0645.687.725

Represented by Lien VAN CAUWENBERGH

Ended

At this address

Other companies at this address

Company	CBE no.
Liemax horses● Active	0768.711.934
Notariële Participatievennootschap Van Cauwenbergh Lien● Active	0645.687.725
Notawest● Active	0688.959.821

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	22/05/2026	01/07/2025	13/09/2024	17/07/2023	18/07/2022	30/06/2021
General meeting	28/04/2026	25/06/2025	12/09/2024	28/06/2023	29/06/2022	30/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	28/04/2026	22/05/2026	Dutch	PDF
Abridged model	31/12/2024	25/06/2025	01/07/2025	Dutch	PDF
Abridged model	31/12/2023	12/09/2024	13/09/2024	Dutch	PDF
Abridged model	31/12/2022	28/06/2023	17/07/2023	Dutch	PDF
Abridged model	31/12/2021	29/06/2022	18/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	30/06/2021	Dutch	PDF
Abridged model	31/12/2019	24/06/2020	30/06/2020	Dutch	PDF
Abridged model	31/12/2018	26/06/2019	28/06/2019	Dutch	PDF
Abridged model	31/12/2017	27/06/2018	23/08/2018	Dutch	PDF
Abridged model	31/12/2016	28/06/2017	28/08/2017	Dutch	PDF
Abridged model	31/12/2015	29/06/2016	30/06/2016	Dutch	PDF
Abridged model	31/12/2014	24/06/2015	24/06/2015	Dutch	PDF
Abridged model	31/12/2013	25/06/2014	04/07/2014	Dutch	PDF
Abridged model	31/12/2012	26/06/2013	28/06/2013	Dutch	PDF
Abridged model	31/12/2011	27/06/2012	27/06/2012	Dutch	PDF
Abridged model	31/12/2010	29/06/2011	29/07/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	02/08/2010	Dutch	PDF
Abridged model	31/12/2008	24/06/2009	24/07/2009	Dutch	PDF
Abridged model	31/12/2007	25/06/2008	04/07/2008	Dutch	PDF
Abridged model	31/12/2006	27/06/2007	27/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

Notariële Participatievennootschap Van Cauwenbergh Lien

Director · since 31 janvier 2020 · 0645.687.725

Represented by Lien Van Cauwenbergh

Active

Ended mandates

Bruno NAETS

Director · since 06 janvier 2016 · until 10 août 2019

Ended

Bruno NAETS

Manager · since 06 janvier 2016

Ended

Notariële Participatievennootschap Van Cauwenbergh Lien

Director · since 06 janvier 2016 · 0645.687.725

Represented by Lien VAN CAUWENBERGH

Ended

Notariële Participatievennootschap Van Cauwenbergh Lien

Manager · since 06 janvier 2016 · 0645.687.725

Represented by Lien VAN CAUWENBERGH

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other14/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - DIVERSEN - ALGEMENE VERGADERING
PDF
Mandates05/02/2020
WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/08/2019
ONTSLAGEN - BENOEMINGEN
PDF
Other05/02/2016
BENAMING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other24/10/2002
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025122,5 k €↓
2024
Annual accounts 2024143,8 k €↑
2023
Annual accounts 202334,2 k €↓
2023
Name changeNotawest
2022
Annual accounts 202268,2 k €↓
2021
Annual accounts 2021151,1 k €↓
2021
Name changeNOTARISSEN BRUNO NAETS & LIEN VAN CAUWENBERGH
2020
Annual accounts 2020221,7 k €↓
2019
Annual accounts 2019299,9 k €↑
2018
Annual accounts 2018-7,8 k €↓
2017
Annual accounts 201725,9 k €↓
2016
Annual accounts 2016127,6 k €↓
2015
Annual accounts 2015246,9 k €↑
2014
Annual accounts 201452,2 k €↓
2013
Annual accounts 201385,2 k €↓
2012
Annual accounts 201299,2 k €↓
2011
Annual accounts 2011155,6 k €↑
2010
Annual accounts 2010124,5 k €↓
2009
Annual accounts 2009165,3 k €↓
2008
Annual accounts 2008213,3 k €↓
2007
Annual accounts 2007281,8 k €↑
2006
Annual accounts 200653,6 k €
17/10/2002
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

NOTAWEST

Overview

What does NOTAWEST do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline