BLAW
ActiveSummary
BLAW has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €124k and a net result of €-15k. Equity is growing by ~3% per year across the filed fiscal years. Its solvency ranks better than 93% of 15367 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability5▼-1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 6.85 against 6.01 in 2023; short-term debt: 6.4% and cash: 2.9% of total assets), and 6.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
93.6%
Return on assets
-11.1%
Age of the figures
21 mo
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
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-15k
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 24-06-2025, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
44 d early
2022
34 d early
2021
34 d early
2020
30 d early
2019
29 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€124k▼ 10.6%
2023 · €139k
2018: €113klowest in 7 years
2019: €123k▲ +9.3% vs 2018
2020: €138k▲ +11.9% vs 2019
2021: €150k▲ +8.9% vs 2020
2022: €154k▲ +2.7% vs 2021highest in 7 years
2023: €139k▼ -10.2% vs 2022
2024: €124k▼ -10.6% vs 2023
2018 → 2024
Total assets
€132k▼ 12.5%
2023 · €151k
2018: €124klowest in 7 years
2019: €144k▲ +15.9% vs 2018
2020: €150k▲ +3.6% vs 2019
2021: €173k▲ +15.7% vs 2020
2022: €175k▲ +1.1% vs 2021highest in 7 years
2023: €151k▼ -13.5% vs 2022
2024: €132k▼ -12.5% vs 2023
2018 → 2024
Net result
€-15k▲ 7.0%
2023 · €-16k
2018: €-11k
2019: €10k▲ +192% vs 2018
2020: €15k▲ +39.8% vs 2019highest in 7 years
2021: €6k▼ -58.4% vs 2020
2022: €4k▼ -32.6% vs 2021
2023: €-16k▼ -483% vs 2022lowest in 7 years
2024: €-15k▲ +7.0% vs 2023
2018 → 2024
Working capital
€50k▼ 22.4%
2023 · €64k
2018: €50k
2019: €57k▲ +14.0% vs 2018
2020: €64k▲ +12.1% vs 2019
2021: €74k▲ +14.8% vs 2020
2022: €78k▲ +6.0% vs 2021highest in 7 years
2023: €64k▼ -17.7% vs 2022
2024: €50k▼ -22.4% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€138k-€150k▲ 8.9%€154k▲ 2.7%€139k▼ 10.2%€124k▼ 10.6%
2020: €138k
2021: €150k▲ +8.9% vs 2020
2022: €154k▲ +2.7% vs 2021highest in 5 years
2023: €139k▼ -10.2% vs 2022
2024: €124k▼ -10.6% vs 2023lowest in 5 years
Operating result€18k-€6k▼ 68.5%€5k▼ 12.9%€-20k€-16k▲ 20.2%
2020: €18khighest in 5 years
2021: €6k▼ -68.5% vs 2020
2022: €5k▼ -12.9% vs 2021
2023: €-20k▼ -491% vs 2022lowest in 5 years
2024: €-16k▲ +20.2% vs 2023
Net result€15k-€6k▼ 58.4%€4k▼ 32.6%€-16k€-15k▲ 7.0%
2020: €15khighest in 5 years
2021: €6k▼ -58.4% vs 2020
2022: €4k▼ -32.6% vs 2021
2023: €-16k▼ -483% vs 2022lowest in 5 years
2024: €-15k▲ +7.0% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €16k in 2024 against €20k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €132k
Fixed assets
€74k ▼ 0.4%
Current assets
€58k ▼ 24.2%
Equity and liabilities €132k
Equity
€124k ▼ 10.6%
Debt
€9k ▼ 33.4%
Debt's share of the balance-sheet total falls from 8.5% to 6.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-15k▲
2023 · €-18k
Cash flow
€-14k▲
2023 · €-14k
Current ratio
6.85▲
2023 · 6.01
Debt to equity
0.07▼
2023 · 0.09
ROE
-11.8%▼
2023 · -11.4%
ROA
-11.1%▼
2023 · -10.4%
Interest coverage
-30.62▲
2023 · -55.68
Debt ≤ 1 year
€9k▼
2023 · €13k
Income taxes
€23▼
2023 · €509
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 · 2024 against 2023 · 37 lines
Balance sheet
Code20232024
Assets
Total assets20/58€151k€132k▼
Fixed assets21/28€74k€74k▼
Tangible fixed assets22/27€14k€14k▼
Furniture and vehicles24€14k€14k▼
Financial fixed assets28€60k€60k=
Current assets29/58€77k€58k▼
Amounts receivable within one year40/41€70k€53k▼
Trade receivables40€7k€7k▼
Other amounts receivable41€63k€46k▼
Cash at bank and in hand54/58€6k€4k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€151k€132k▼
Equity10/15€139k€124k▼
Contributions10/11€19k€19k=
Reserves13€136k€136k=
Distributable reserves133€136k€136k=
Profit (loss) carried forward14€-16k€-30k▼
Amounts payable17/49€13k€9k▼
Amounts payable within one year42/48€13k€9k▼
Trade debts44€666-
Suppliers440/4€666-
Taxes, remuneration and social security45€12k€9k▼
Taxes450/3€12k€9k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€896▼
Other operating charges640/8€3k€1k▼
Gross operating margin9900€-15k€-14k▲
Operating profit (loss)9901€-20k€-16k▲
Financial income75/76B€5k€2k▼
Recurring financial income75€5k€2k▼
Financial charges65/66B€324€484▲
Recurring financial charges65€324€484▲
Profit (loss) for the period before taxes9903€-15k€-15k▲
Income taxes67/77€509€23▼
Profit (loss) for the period9904€-16k€-15k▲
Profit (loss) for the period to be appropriated9905€-16k€-15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€-30k▼
Profit (loss) brought forward from the previous period14P€102€-16k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €2k | €2k | €2k | €896 | ▼ 46.6% |
| Other operating charges640/8 | - | €4k | €7k | €3k | €1k | ▼ 61.7% |
| Gross operating margin9900 | €44k | €12k | €14k | €-15k | €-14k | ▲ 7.8% |
| Operating profit (loss)9901 | €18k | €6k | €5k | €-20k | €-16k | ▲ 20.2% |
| Financial income75/76B | - | €6k | €5k | €5k | €2k | ▼ 66.9% |
| Recurring financial income75 | €5k | €6k | €5k | €5k | €2k | ▼ 66.9% |
| Financial charges65/66B | - | €455 | €463 | €324 | €484 | ▲ 49.6% |
| Recurring financial charges65 | €126 | €455 | €463 | €324 | €484 | ▲ 49.6% |
| Profit (loss) for the period before taxes9903 | €23k | €11k | €9k | €-15k | €-15k | ▲ 4.0% |
| Income taxes67/77 | €8k | €5k | €5k | €509 | €23 | ▼ 95.4% |
| Profit (loss) for the period9904 | €15k | €6k | €4k | €-16k | €-15k | ▲ 7.0% |
| Profit (loss) for the period to be appropriated9905 | €15k | €6k | €4k | €-16k | €-15k | ▲ 7.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €150k | €173k | €175k | €151k | €132k | ▼ 12.5% |
| Fixed assets21/28 | €74k | €76k | €76k | €74k | €74k | ▼ 0.4% |
| Tangible fixed assets22/27 | €12k | €15k | €15k | €14k | €14k | ▼ 1.9% |
| Furniture and vehicles24 | - | €15k | €15k | €14k | €14k | ▼ 1.9% |
| Financial fixed assets28 | €61k | €61k | €61k | €60k | €60k | = |
| Current assets29/58 | €76k | €97k | €99k | €77k | €58k | ▼ 24.2% |
| Amounts receivable within one year40/41 | €67k | €84k | €85k | €70k | €53k | ▼ 24.5% |
| Trade receivables40 | - | €49k | €24k | €7k | €7k | ▼ 5.5% |
| Other amounts receivable41 | - | €35k | €61k | €63k | €46k | ▼ 26.7% |
| Cash at bank and in hand54/58 | €8k | €11k | €12k | €6k | €4k | ▼ 30.3% |
| Deferred charges and accrued income490/1 | - | €1k | €1k | €2k | €2k | ▲ 9.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €150k | €173k | €175k | €151k | €132k | ▼ 12.5% |
| Equity10/15 | €138k | €150k | €154k | €139k | €124k | ▼ 10.6% |
| Contributions10/11 | €12k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €125k | €131k | €136k | €136k | €136k | = |
| Non-distributable reserves130/1 | - | €1k | - | - | - | - |
| Reserves not available under the articles1311 | - | €1k | - | - | - | - |
| Distributable reserves133 | - | €130k | €136k | €136k | €136k | = |
| Profit (loss) carried forward14 | €0 | €93 | €102 | €-16k | €-30k | ▼ 93.6% |
| Amounts payable17/49 | €12k | €23k | €21k | €13k | €9k | ▼ 33.4% |
| Amounts payable within one year42/48 | €12k | €23k | €21k | €13k | €9k | ▼ 33.4% |
| Trade debts44 | €3k | €13k | - | €666 | - | - |
| Suppliers440/4 | - | €13k | - | €666 | - | - |
| Taxes, remuneration and social security45 | - | €9k | €21k | €12k | €9k | ▼ 29.8% |
| Taxes450/3 | - | €9k | €21k | €12k | €9k | ▼ 29.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15k | €6k | €4k | €-16k | €-15k | ▲ 7.0% |
| + Depreciation and write-downs630 | €2k | €2k | €2k | €2k | €896 | ▼ 46.6% |
| Operating cash flow (approximation) | €17k | €8k | €6k | €-14k | €-14k | ▲ 2.2% |
| Investment in fixed assets (approximation) | - | €-5k | €-2k | €221 | €-620 | ▼ 380% |
| Change in cash | - | €3k | €848 | €-6k | €-2k | ▲ 73.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €150k ▲8.9%
3 profitable years in a row build equity to €150k.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €15k ▲39.8%
Net result €15k, the highest in the series.
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
19-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Herent · 1 establishment unit since 2014
Ground area
3,385 m²
Building footprint
712 m²
Volume, LiDAR
7,899 m³
2 parcels, Flanders · tallest building 17.9 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
BLAW
since 20142.226.154.750
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24423H0267/00P000 | Flanders | 3,168 m² | 1 · 404 m² | 17.9 m · 5 fl. |
| 24434F0236/00E004 | Flanders | 216 m² | 1 · 307 m² | 13.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 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
ADVOCAAT FILIP GIJSSELS
BE 0757.639.383
Kaprijke · Eq €123,878
HS AVOCATS
BE 0668.694.838
Watermaal-Bosvoorde · Eq €123,890
TP LAW
BE 0895.299.904
Brussel · Eq €123,837
BIJNENS ADVOCATEN
BE 0832.639.981
Genk · Eq €123,915
Fabien FREROTTE
BE 0717.912.836
Braine-l'Alleud · Eq €123,762
Of 22,056 companies in sector 69101 we hold annual accounts for 9,055. 7,554 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
Founded20-01-2014
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
Scores and ratios are computed by Checked and are not a credit decision.