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ATHENA LAW BW

Active
Private limited companyfounded 2006active for 20 yearsRue de la Paix 11, 1410 Waterloo, BelgiumKBO/BCE: BE 0879.656.376
Summary

ATHENA LAW BW has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €74,344 and a net result of €3,059. Equity has been stable since 2019 (±0.7% per year). Its solvency ranks better than 78% of 15,782 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 28-02-2006 Normal situation
Activity
Activities of lawyers NACE 69101
Financial year end
30 September
Peppol
Reachable since 13-11-2025

Board and ownership

Board
  • MASSART ARNAUDDirector · since 08-12-2021
  • PESTIAUX VirginieDirector · since 08-12-2021

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 30-09-2025
Gross margin
€19,275
▲ 258%
Turnover
≈ €110,000
estimated
Profit
€3,059
Equity
€74,344
▲ 3.0%
Total assets
€92,137
▲ 9.0%
Score breakdownlowers riskLiquidity: current ratio 4.68, cash €58,322Sector: Legal and accounting activities (NACE 69)Equity €74,344 (80.7% of total assets)Size: total assets €92,137Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 57% of micro companies in legal and accounting (NACE 69)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 80.7% of total assets
Liquidity 94-3
short-term debt 19.2% · cash 63.3%
Profitability 47+10
return on assets 3.3%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median < 0.1% (20,087 companies, NACE 69, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026highest value 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.68 (6.12 in 2024), above the usual 1.5. Short-term debt is 19.2% and cash 63.3% of total assets. 19.3% of the assets are financed with debt and provisions.
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 69, micro). It does better than 87% of them on solvency, 88% on liquidity, 10% on profitability and 44% 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

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 4.68, cash €58,322
NBB · annual accounts
lowers risk · Sector: Legal and accounting activities (NACE 69)
KBO
lowers risk · Equity €74,344 (80.7% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €92,137
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 02-03-2026, 59 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
59 days early
2024
51 days early
2023
39 days early
2022
44 days early
2021
33 days early
2020
39 days early
2019
101 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 52 days before the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 17 March (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end02-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 85% of companies in legal and accountingsector median €37,433 · 15,784 companies €3,059 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as ATHENA LAW BW: activities of lawyers (NACE 69101). They are comparable in size and age: total assets between €84,000 and €111,000, founded between 2002 and 2008.

CompanyTotal assetsGross margin
ATHENA LAW BW Waterloo€92,137€19,275
NOELAC Genappe€110,693€19,034
Allard, Avocat Sint-Gillis (bij-Brussel)€97,396€18,963
FILIP GEERTS Aalst€98,556€20,174
CABINET AVOCAT N. TISON Walcourt€91,522€19,003
CABINET D’AVOCATS NYST Yvoir€83,991€21,525
JEAN-MICHEL LAMBOT, AVOCAT Incourt€104,423€23,751
Full comparison

Key facts about ATHENA LAW BW

What is the company number of ATHENA LAW BW?
The company number of ATHENA LAW BW is 0879.656.376. The VAT number is the same number with BE in front: BE 0879.656.376.
Where is ATHENA LAW BW based?
The registered office is at Rue de la Paix 11, 1410 Waterloo.Company details
What does ATHENA LAW BW do?
According to the KBO register, the main activity is activities of lawyers (NACE 69101).
What is the legal form of ATHENA LAW BW?
The legal form of ATHENA LAW BW is Private limited company (BV).
When was ATHENA LAW BW founded?
ATHENA LAW BW was founded on 28-02-2006.
Is ATHENA LAW BW still active?
Yes, ATHENA LAW BW is an active enterprise in the KBO register.
What is the turnover of ATHENA LAW BW?
The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €19,275 and 34 comparable companies (NACE 691). It probably lies between €65,000 and €270,000. It is a rough estimate.Financials
Is ATHENA LAW BW profitable?
In financial year 2025, ATHENA LAW BW made a profit of €3,059.
Where can I find the annual accounts of ATHENA LAW BW?
ATHENA LAW BW filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ATHENA LAW BW due?
ATHENA LAW BW must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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