Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 25.9 to 22.8.
Financials
Financial year 2025
Etudes Notariales Associées from Huy, company number BE0678592204, closed financial year 2025 with a result of € 609,475 after tax. For that financial year Etudes Notariales Associées recorded a gross margin of € 2.8 million and equity of € 21,587. Compared with financial year 2024, the result moved from € 84,784 to € 609,475. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.
€ 21,587
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 609,475
▲ € 524,691 vs 2024
Profit after tax over the fiscal year.
€ 1.6 million
▲ 39% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 609,000 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
22.8
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.7 million
▲ 5% vs 2024
€ 73,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 55,366
▲ 86% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1 million
▼ 29% vs 2024
€ 443,618 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 122,629
▼ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 373,222
▲ 30% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,621,490 | € 2,456,734 | € 2,135,772 | € 2,760,562 | ▲ 29% |
| Profit after taxes | € 579,983 | € 156,996 | € 84,784 | € 609,475 | ▲ € 524,691 |
| Equity | € 21,333 | € 21,329 | € 21,112 | € 21,587 | ▲ 2% |
| Total debts | € 3,876,235 | € 3,283,944 | € 3,055,461 | € 2,984,658 | ▼ 2% |
| Cash | € 1,208,313 | € 970,285 | € 1,141,989 | € 1,591,284 | ▲ 39% |
| Retained profit | € 1,333 | € 1,329 | € 1,112 | € 1,587 | ▲ 43% |
| Dividend | € 580,000 | € 157,000 | € 85,000 | € 609,000 | ▲ € 524,000 |
| Bank debt | € 2,227,903 | € 1,851,331 | € 1,439,286 | € 1,020,944 | ▼ 29% |
| Balance sheet total | € 3,897,568 | € 3,305,273 | € 3,076,573 | € 3,006,246 | ▼ 2% |
| Employees (FTE) | 25.7 | 25.9 | 23.5 | 22.8 | ▼ 0.7 |
Key figures of Etudes Notariales Associées, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Etudes Notariales Associées?
What happened at Etudes Notariales Associées in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 609,475 (▲ € 524,691 vs 2024). Source: NBB ↗
- New establishment in Anthisnes. KBO
- New establishment in Marchin. KBO
- New establishment in Braives. KBO
- New establishment in Huy. KBO
- Start of the company according to the CBE. KBO
In short
From € 579,983 profit in 2022 to € 609,475 profit in 2025.
Paid € 34,465 in corporate taxes since 2022.
Best year ever: 2025, with € 609,475 profit.
On average € 121,100 of value added per employee in 2025.
A new publication or filing at Etudes Notariales Associées? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of CCN MANAGEMENT, MCW MANAGEMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Etudes Notariales AssociéesBehind Etudes Notariales Associées are Vincent DAPSENS, société de gestion SRL, SOCIETE DE MANAGEMENT JEAN-PHILIPPE GILLAIN SRL, CCN Management SRL, Simon GERARD Management SRL and MCW Management SRL. The shares are held by CCN MANAGEMENT (16.7%) and MCW MANAGEMENT (16.7%).
Directors
According to the 2025 annual accounts
Vincent DAPSENS, société de gestion SRL
Director · represented by Vincent DAPSENS
SOCIETE DE MANAGEMENT JEAN-PHILIPPE GILLAIN SRL
Director · represented by Jean-Philippe GILLAIN
Director · represented by Coline CARTUYVELS
Director · represented by Simon GERARD
Director · represented by Marie WANSART
Shareholders
16.7%
16.7%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue du Marché 24
4500 Huy
Avenue de l'Abbaye 16
4160 Anthisnes
Active since 1 January 2018
Chemin de Sandron 2
4570 Marchin
Active since 1 January 2018
Rue du Centre 2
4260 Braives
Active since 1 January 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COGENT-174 - Cogent Communications, LLC, US
Website info
Features
Security
Details
- Company number
- 0678.592.204
- VAT number
- BE 0678.592.204
- Registered office
- Rue du Marché 24, 4500 Huy
- Names & denominations
- Etudes Notariales Associées · ENA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 July 2017
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- ena-notaires.be
- Activities · NACE
Activiteiten van notarissen