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BL28

Active
Private limited companyfounded 20188 yrs activeBaillet-Latourlei 28, 2930 Brasschaat, BelgiumKBO/BCE: BE 0700.336.931
Summary

BL28 has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €75k and a net result of €31k. Equity is growing by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 30% of 12738 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability86▼-9
Solvency58▼-17
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.97 against 1.5 in 2024; short-term debt: 58.4% and cash: 45.1% of total assets), and 66.8% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Four 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
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
33.2%
Return on assets
13.7%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 8 years 0 10 y
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 30-07-2026, 1 day ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
1 d early
2024
22 d early
2023
63 d early
2022
31 d early
2021
20 d early
2020
3 d early
2019
93 d early
← 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 months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
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

Financials · fiscal year 2025, micro schema

Equity
€75k▼ 40.3%
2024 · €126k
2019: €54klowest in 7 years 2020: €100k▲ +84.9% vs 2019 2021: €113k▲ +13.1% vs 2020 2022: €209k▲ +84.8% vs 2021highest in 7 years 2023: €126k▼ -40.0% vs 2022 2024: €126k● 0.0% vs 2023 2025: €75k▼ -40.3% vs 2024
2019 → 2025
Total assets
€226k▼ 9.7%
2024 · €250k
2019: €81klowest in 7 years 2020: €148k▲ +82.2% vs 2019 2021: €169k▲ +14.2% vs 2020 2022: €250k▲ +47.6% vs 2021 2023: €270k▲ +8.3% vs 2022highest in 7 years 2024: €250k▼ -7.5% vs 2023 2025: €226k▼ -9.7% vs 2024
2019 → 2025
Net result
€31k▼ 40.5%
2024 · €52k
2019: €42k 2020: €33k▼ -21.4% vs 2019 2021: €15k▼ -55.3% vs 2020lowest in 7 years 2022: €98k▲ +565% vs 2021highest in 7 years 2023: €71k▼ -27.4% vs 2022 2024: €52k▼ -26.5% vs 2023 2025: €31k▼ -40.5% vs 2024
2019 → 2025
Working capital
€-4k
2024 · €47k
2019: €54k 2020: €95k▲ +75.1% vs 2019 2021: €61k▼ -35.3% vs 2020 2022: €152k▲ +148% vs 2021highest in 7 years 2023: €53k▼ -64.8% vs 2022 2024: €47k▼ -11.7% vs 2023 2025: €-4k▼ -108% vs 2024lowest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€113k-€209k▲ 84.8%€126k▼ 40.0%€126k=€75k▼ 40.3% 2021: €113k 2022: €209k▲ +84.8% vs 2021highest in 5 years 2023: €126k▼ -40.0% vs 2022 2024: €126k● 0.0% vs 2023 2025: €75k▼ -40.3% vs 2024lowest in 5 years
Operating result€19k-€126k▲ 549%€92k▼ 26.7%€69k▼ 25.6%€45k▼ 34.3% 2021: €19klowest in 5 years 2022: €126k▲ +549% vs 2021highest in 5 years 2023: €92k▼ -26.7% vs 2022 2024: €69k▼ -25.6% vs 2023 2025: €45k▼ -34.3% vs 2024
Net result€15k-€98k▲ 565%€71k▼ 27.4%€52k▼ 26.5%€31k▼ 40.5% 2021: €15klowest in 5 years 2022: €98k▲ +565% vs 2021highest in 5 years 2023: €71k▼ -27.4% vs 2022 2024: €52k▼ -26.5% vs 2023 2025: €31k▼ -40.5% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2021: €19k€19kNet result 2021: €15k€15kOperating result 2022: €126k€126kNet result 2022: €98k€98kOperating result 2023: €92k€92kNet result 2023: €71k€71kOperating result 2024: €69k€69kNet result 2024: €52k€52kOperating result 2025: €45k€45kNet result 2025: €31k€31k20212022202320242025€0€25k€50k€75k€100kOperating result 2023: €92k€92kNet result 2023: €71k€71kOperating result 2024: €69k€69kNet result 2024: €52k€52kOperating result 2025: €45k€45kNet result 2025: €31k€31k202320242025
The operating result has fallen three years in a row; 2025 is 34% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €226k
Fixed assets €98k ▼ 10.6%
Current assets €128k ▼ 9.0%
Equity and liabilities €226k
Equity €75k ▼ 40.3%
Debt €151k ▲ 21.0%
Debt's share of the balance-sheet total rises from 49.9% to 66.8%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€67k▼
2024 · €90k
Cash flow
€52k▼
2024 · €73k
Current ratio
0.97▼
2024 · 1.50
Debt to equity
2.01▲
2024 · 0.99
ROE
41.3%▼
2024 · 41.5%
ROA
13.7%▼
2024 · 20.8%
Interest coverage
11.75▼
2024 · 35.76
Debt ≤ 1 year
€132k▲
2024 · €94k
Debt > 1 year
€19k▼
2024 · €31k
Income taxes
€9k▼
2024 · €15k
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 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€250k€226k▼
Fixed assets21/28€109k€98k▼
Tangible fixed assets22/27€109k€98k▼
Furniture and vehicles24€66k€57k▼
Other tangible fixed assets26€43k€41k▼
Current assets29/58€141k€128k▼
Amounts receivable after more than one year29€12k€12k=
Other amounts receivable291€12k€12k=
Amounts receivable within one year40/41€27k€12k▼
Trade receivables40€21k-
Other amounts receivable41€6k€12k▲
Cash at bank and in hand54/58€98k€102k▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€250k€226k▼
Equity10/15€126k€75k▼
Contributions10/11€25k€25k=
Reserves13€101k€50k▼
Distributable reserves133€101k€50k▼
Amounts payable17/49€125k€151k▲
Amounts payable after more than one year17€31k€19k▼
Financial debts170/4€31k€19k▼
Amounts payable within one year42/48€94k€132k▲
Current portion of amounts payable after more than one year42€12k€12k▲
Trade debts44€411€244▼
Suppliers440/4€411€244▼
Taxes, remuneration and social security45€14k€14k▼
Taxes450/3€14k€14k▼
Other amounts payable47/48€68k€106k▲
Accrued charges and deferred income492/3-€23
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€21k▲
Other operating charges640/8€505€520▲
Gross operating margin9900€90k€67k▼
Operating profit (loss)9901€69k€45k▼
Financial income75/76B€547€673▲
Recurring financial income75€547€673▲
Financial charges65/66B€3k€6k▲
Recurring financial charges65€3k€6k▲
Profit (loss) for the period before taxes9903€67k€40k▼
Income taxes67/77€15k€9k▼
Profit (loss) for the period9904€52k€31k▼
Profit (loss) for the period to be appropriated9905€52k€31k▼
Appropriation of the result
Profit (loss) to be appropriated9906€52k€31k▼
Transfer from equity791/2-€57k
Transfer to equity691/2-€6k
To other reserves6921-€6k
Profit to be distributed694/7€52k€82k▲
Return on contributions (dividend)694€52k€82k▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€7k€14k€21k€21k▲ 3.4%
Other operating charges640/8€910€1k€493€505€520▲ 2.8%
Gross operating margin9900€25k€134k€107k€90k€67k▼ 25.5%
Operating profit (loss)9901€19k€126k€92k€69k€45k▼ 34.3%
Financial income75/76B€10€340-€547€673▲ 23.0%
Recurring financial income75€10€340-€547€673▲ 23.0%
Financial charges65/66B€740€84€1k€3k€6k▲ 126%
Recurring financial charges65€740€84€1k€3k€6k▲ 126%
Profit (loss) for the period before taxes9903€19k€126k€91k€67k€40k▼ 39.9%
Income taxes67/77€4k€29k€20k€15k€9k▼ 37.9%
Profit (loss) for the period9904€15k€98k€71k€52k€31k▼ 40.5%
Profit (loss) for the period to be appropriated9905€15k€98k€71k€52k€31k▼ 40.5%
Line20212022202320242025Change
Assets
Total assets20/58€169k€250k€270k€250k€226k▼ 9.7%
Fixed assets21/28€52k€57k€115k€109k€98k▼ 10.6%
Tangible fixed assets22/27€52k€57k€115k€109k€98k▼ 10.6%
Furniture and vehicles24€2k€2k€65k€66k€57k▼ 14.1%
Other tangible fixed assets26€50k€55k€50k€43k€41k▼ 5.2%
Current assets29/58€117k€193k€156k€141k€128k▼ 9.0%
Amounts receivable after more than one year29-€12k€12k€12k€12k=
Other amounts receivable291-€12k€12k€12k€12k=
Amounts receivable within one year40/41€30k€93k€27k€27k€12k▼ 54.4%
Trade receivables40€24k€88k€21k€21k--
Other amounts receivable41€6k€6k€6k€6k€12k▲ 95.2%
Cash at bank and in hand54/58€84k€83k€113k€98k€102k▲ 3.8%
Deferred charges and accrued income490/1€3k€4k€3k€3k€2k▼ 46.3%
Equity and liabilities
Total equity and liabilities10/49€169k€250k€270k€250k€226k▼ 9.7%
Equity10/15€113k€209k€126k€126k€75k▼ 40.3%
Contributions10/11€12k€12k€25k€25k€25k=
Reserves13€101k€197k€101k€101k€50k▼ 50.1%
Distributable reserves133€101k€197k€101k€101k€50k▼ 50.1%
Amounts payable17/49€56k€41k€145k€125k€151k▲ 21.0%
Amounts payable after more than one year17--€43k€31k€19k▼ 38.9%
Financial debts170/4--€43k€31k€19k▼ 38.9%
Amounts payable within one year42/48€56k€41k€102k€94k€132k▲ 40.9%
Current portion of amounts payable after more than one year42--€11k€12k€12k▲ 3.7%
Trade debts44€7k€2k€383€411€244▼ 40.5%
Suppliers440/4€7k€2k€383€411€244▼ 40.5%
Taxes, remuneration and social security45€28k€37k€19k€14k€14k▼ 1.2%
Taxes450/3€19k€37k€19k€14k€14k▼ 1.2%
Remuneration and social security454/9€9k-----
Other amounts payable47/48€21k€2k€71k€68k€106k▲ 56.5%
Accrued charges and deferred income492/3----€23-
Line20212022202320242025Change
Profit (loss) for the period9904€15k€98k€71k€52k€31k▼ 40.5%
+ Depreciation and write-downs630€5k€7k€14k€21k€21k▲ 3.4%
Operating cash flow (approximation)€19k€105k€85k€73k€52k▼ 28.0%
Investment in fixed assets (approximation)-€-12k€-72k€-15k€-10k▲ 36.0%
Change in cash-€-799€30k€-15k€4k▲ 124%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
09-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
29-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Highest result since 2019net €98k ▲565%
Operating result €126k, net result €98k, both a record.
31-12
Financial Liquidity doublescurrent ratio 4.75
Current ratio from 2.10 to 4.75; short-term debt falls from €56k to €41k.
31-12
Financial Equity above €200kEq €209k ▲84.8%
4 profitable years in a row build equity to €209k.
11-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Weakest financial yearnet €15k ▼55.3%
Net result drops to €15k, the lowest in the series; recovery starts the following year.
28-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Equity above €100kEq €100k ▲84.9%
2 profitable years in a row build equity to €100k.
29-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
4 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, Brasschaat · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
2,228 m²
Building footprint
222 m²
Volume, LiDAR
1,345 m³
Parcel 11322E0399/00T003, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BL28
Baillet-Latourlei 28, 2930 BrasschaatActivities of lawyers
since 20182.278.098.448
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11322E0399/00T003 Flanders 2,228 m² 1 · 222 m² 10.0 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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

Of 22,056 companies in sector 69101 we hold annual accounts for 9,055. 7,507 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded23-07-2018
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers

Scores and ratios are computed by Checked and are not a credit decision.