Avocats-FLHM
ActiveSummary
Avocats-FLHM has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €955k and a net result of €202k. Equity is growing by ~11.5% per year across the filed fiscal years. Its solvency ranks better than 80% of 1004 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
95
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▲+8
Solvency98▲+1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90k at 30 days acceptable
Liquidity ample (current ratio 2.75 against 2.56 in 2024; short-term debt: 22.9% and cash: 44.6% of total assets), and 26.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
Sector 69
lower
← 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
73.4%
Return on assets
15.5%
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 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
30 d early
2023
37 d early
2022
39 d early
2021
34 d early
2020
10 d late
2019
24 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€202k▲ 91.3%
2024 · €106k
2018: €140k
2019: €150k
2020: €109k
2021: €158k
2022: €144k
2023: €229k
2024: €106k
2018 → 2025
Working capital
€523k▲ 49.1%
2024 · €351k
2018: €49k
2019: €63k
2020: €163k
2021: €97k
2022: €187k
2023: €266k
2024: €351k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€513k-€606k▲ 18.1%€754k▲ 24.6%€825k▲ 9.4%€955k▲ 15.8%
Operating result€233k-€212k▼ 9.0%€328k▲ 55.0%€159k▼ 51.5%€294k▲ 85.0%
Net result€158k-€144k▼ 8.9%€229k▲ 59.0%€106k▼ 53.8%€202k▲ 91.3%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 85% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.30M
Fixed assets
€480k ▼ 15.6%
Current assets
€822k ▲ 42.6%
Equity and liabilities €1.30M
Equity
€955k ▲ 15.8%
Debt
€346k ▲ 8.3%
Debt's share of the balance-sheet total falls from 27.9% to 26.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€362k▲
2024 · €228k
Cash flow
€269k▲
2024 · €174k
Current ratio
2.75▲
2024 · 2.56
Debt to equity
0.36▼
2024 · 0.39
ROE
21.2%▲
2024 · 12.8%
ROA
15.5%▲
2024 · 9.2%
Interest coverage
65.99▲
2024 · 38.80
Debt ≤ 1 year
€298k▲
2024 · €225k
Debt > 1 year
€46k▼
2024 · €93k
Income taxes
€88k▲
2024 · €49k
Staff costs
€192k▼
2024 · €199k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.14M€1.30M▲
Fixed assets21/28€568k€480k▼
Intangible fixed assets21€78€0▼
Tangible fixed assets22/27€568k€480k▼
Land and buildings22€370k€348k▼
Furniture and vehicles24€191k€124k▼
Other tangible fixed assets26€8k€7k▼
Current assets29/58€576k€822k▲
Amounts receivable within one year40/41€243k€165k▼
Trade receivables40€191k€118k▼
Other amounts receivable41€52k€46k▼
Current investments50/53-€60k
Cash at bank and in hand54/58€313k€581k▲
Deferred charges and accrued income490/1€20k€16k▼
Equity and liabilities
Total equity and liabilities10/49€1.14M€1.30M▲
Equity10/15€825k€955k▲
Contributions10/11€20k€20k=
Reserves13€805k€935k▲
Non-distributable reserves130/1-€60k
Own shares acquired1312-€60k
Distributable reserves133€805k€875k▲
Profit (loss) carried forward14€12€15▲
Amounts payable17/49€320k€346k▲
Amounts payable after more than one year17€93k€46k▼
Financial debts170/4€93k€46k▼
Amounts payable within one year42/48€225k€298k▲
Current portion of amounts payable after more than one year42€31k€25k▼
Trade debts44€23k€30k▲
Suppliers440/4€23k€30k▲
Taxes, remuneration and social security45€37k€51k▲
Taxes450/3€9k€27k▲
Remuneration and social security454/9€27k€24k▼
Other amounts payable47/48€134k€193k▲
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20242025
Remuneration, social security and pensions62€199k€192k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€69k€67k▼
Other operating charges640/8€26k€39k▲
Gross operating margin9900€453k€592k▲
Operating profit (loss)9901€159k€294k▲
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€154k€290k▲
Income taxes67/77€49k€88k▲
Profit (loss) for the period9904€106k€202k▲
Profit (loss) for the period to be appropriated9905€106k€202k▲
Appropriation of the result
Profit (loss) to be appropriated9906€106k€202k▲
Profit (loss) brought forward from the previous period14P€12€12▲
Transfer from equity791/2€35k€0▼
Transfer to equity691/2€106k€130k▲
To other reserves6921€106k€130k▲
Profit to be distributed694/7€35k€72k▲
Return on contributions (dividend)694€35k€72k▲
Social balance
Average headcount (FTE)90874.74.9▲
The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €106k ▼53.8%
Net result drops to €106k, the lowest in the series; recovery starts the following year.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €229k ▲59%
Operating result €328k, net result €229k, both a record.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 10 days late
2020
31-12
Financial
Equity above €500kEq €587k ▲22.8%
3 profitable years in a row build equity to €587k.
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 24 days late
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 23 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 23 days late
2017
07-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 7 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Verviers · 3 establishment units since 1990
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue du Palais 644800 VerviersGround area
912 m²
Building footprint
308 m²
Volume, LiDAR
4,936 m³
3 parcels, Wallonia · tallest building 22.7 m, ±6 floors. Linked by address, not a title deed.
3 establishment units
FREDERICK, LEROY ET HENRY - CABINET D'AVOCATS
since 19902.228.669.228
FREDERICK , LEROY ET HENRY - cabinet d'avocats
since 20042.234.010.364
FREDERICK , LEROY ET HENRY - cabinet d'avocats
since 20142.235.272.057
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62803A1057/00F002 | Wallonia | 430 m² | 1 · 150 m² | 22.6 m · 6 fl. |
| 63079D0361/00T003 | Wallonia | 307 m² | 1 · 77 m² | 16.1 m · 5 fl. |
| 63035A0030/00N003 | Wallonia | 174 m² | 1 · 81 m² | 15.6 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
JB
BE 0715.714.302
Antwerpen · Eq €955,822
ARNE VANDAELE
BE 0862.337.819
Pajottegem · Eq €957,836
Liesbeth Weynants Advocaat
BE 0760.420.909
Elsene · Eq €958,000
JEAN-FRANCOIS GERARD
BE 0477.995.214
Elsene · Eq €950,530
BOB DELBAERE
BE 0870.997.147
Antwerpen · Eq €950,129
Of 22,058 companies in sector 69101 we hold annual accounts for 9,052. 4,404 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-02-1990
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.