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Advocaat Michaël Boudry

Active
Private limited company (pre-2019)founded 201312 yrs activeVictor Nonnemanstraat 15/B, 1600 Sint-Pieters-Leeuw, BelgiumKBO/BCE: BE 0541.725.402
Summary

Advocaat Michaël Boudry has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €232,001 and a net result of €59,103. Equity is growing by ~16.3% per year across the filed fiscal years. Its solvency ranks better than 42% of 15367 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Activities of lawyers
NACE 69101
Size
€455,200total assets 2024
Equity
€232,001
Profit
€59,103
Turnover not published (abridged schema)
Financial health
69 Healthy Checked score 2024
Bankruptcy chance 12 m
0.6%
Structure
Holdings
1
Accounts 64 d overdue0 of 1 deed read
Why 69- Figures for FY 2024 (filed 02-07-2025)- No establishment unit in the KBO+ Sector Legal and accounting activities (NACE 69)+ Size: total assets €455,200Show the evidence

Checked score

Score 2024
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 35% of its sector peers (NACE 69, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency 76+2
equity 51.0% of total assets
Liquidity 48=
short-term debt 19.7% · cash 3.3%
Profitability 85=
return on assets 13.0%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (19,768 companies)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%▼ -2.5% vs 11-2024 01-2025: 0.4%▼ -0.8% vs 12-2024 02-2025: 0.4%▼ -1.5% vs 01-2025 03-2025: 0.4%▲ +6.5% vs 02-2025 04-2025: 0.4%▼ -0.7% vs 03-2025 05-2025: 0.4%▼ -3.7% vs 04-2025 06-2025: 0.4%▲ +2.0% vs 05-2025 07-2025: 0.5%▲ +25.4% vs 06-2025 08-2025: 0.1%▼ -80.3% vs 07-2025lowest value 09-2025: 0.1%● 0.0% vs 08-2025lowest value 10-2025: 0.1%● 0.0% vs 09-2025lowest value 11-2025: 0.1%● 0.0% vs 10-2025lowest value 12-2025: 0.1%● 0.0% vs 11-2025lowest value 01-2026: 0.1%● 0.0% vs 12-2025lowest value 02-2026: 0.1%● 0.0% vs 01-2026lowest value 03-2026: 0.1%▲ +14.1% vs 02-2026 04-2026: 0.1%▼ -0.9% vs 03-2026 05-2026: 0.1%▲ +2.7% vs 04-2026 06-2026: 0.1%▲ +1.7% vs 05-2026 07-2026: 0.1%▲ +20.5% vs 06-2026 08-2026: 0.3%▲ +92.2% vs 07-2026 09-2026: 0.3%▲ +18.1% vs 08-2026 10-2026: 0.6%▲ +82.2% vs 09-2026highest value
  • Figures for FY 2024 (filed 02-07-2025) raises the probability
  • Sector Legal and accounting activities (NACE 69) lowers the probability
  • Size: total assets €455,200 lowers the probability for this profile
  • No establishment unit in the KBO raises the probability
Credit up to €16,000 at 30 days acceptable
Liquidity ample (current ratio 2.35 against 2.77 in 2023; short-term debt: 19.7% and cash: 3.3% of total assets), and 49% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 69, micro). Better than this share of them on solvency 47%, liquidity 23%, profitability 43%, growth against the median 27%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 02-07-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Sector Legal and accounting activities (NACE 69)
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Size: total assets €455,200
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · No establishment unit in the KBO
In the bankruptcy model this factor raises the probability.
KBO · seat and establishments
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
30 d early
2023
69 d late
2022
12 d late
2021
31 d late
2020
36 d early
2019
138 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 15 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 (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Annual accounts filedfiscal year 2022 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 64 d late View
  • Positive: 7 profitable years in a rowprofit 2024: €59,103 7 years View
  • Total assets 20246 fiscal years filed €455,200 View

By topic

Financials

Fiscal year
2024
Total assets
€455,200
Profit
€59,103
Solvency
51.0%
Total assets▼ 9.3%
Net result
20182024
Go to Financials

Timeline

Events
14
Since
2016
  1. 01-07-2025Annual accounts filed
  2. 08-10-2024Annual accounts filed
  3. 12-08-2023Annual accounts filed
Go to Timeline

Company details

Legal form
Private limited company (pre-2019)
Activity
Activities of lawyersNACE 69101
Founded
07-11-2013
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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