BLB
ActiveSummary
BLB has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €137,001 and a net result of €109,994. Equity has been shrinking by about 5.4% per year since 2018. Its solvency ranks better than 39% of 15,782 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 29-10-2013 Normal situation
- Activity
- Activities of lawyers NACE 69101
- Establishment unit
- 2.224.797.542 1160 Oudergem, since 29-10-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 22-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
Annual accounts 2025
- Gross margin
- €137,323
- ▼ 1.5%
- Turnover
- ≈ €240,000
- estimated
- Profit
- €109,994
- ▲ 7.8%
- Equity
- €137,001
- ▼ 13.7%
- Total assets
- €301,358
- ▼ 4.6%
Score breakdownlowers riskSector: Legal and accounting activities (NACE 69)Liquidity: current ratio 1.84, cash €110,609Size: total assets €301,358Figures for financial year 2025 (filed on 29-05-2026)Show the evidence
Checked score
Score 2025
94
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 51% of micro companies in legal and accounting (NACE 69)
Financial strength · tick: 2024
Strong
Solvency
70-5
equity 45.5% of total assets
Liquidity
68+6
short-term debt 54.3% · cash 36.7%
Profitability
100=
return on assets 36.5%
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).
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 05-2025highest value
07-2025: < 0.1%▼ -0.1 percentage points 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 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026lowest value
07-2026: < 0.1%● unchanged vs 06-2026lowest value
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €12,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.84 (2.02 in 2024), above the usual 1.5. Short-term debt is 54.3% and cash 36.7% of total assets. However, 54.5% 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 42% of them on solvency, 56% on liquidity, 82% on profitability and 22% on growth.
The bankruptcy probability was computed on 02-11-2026 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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskneutral
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 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
63 days early
2024
41 days early
2023
26 days late
2022
60 days late
2021
29 days late
2020
61 days late
2019
27 days late
← 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 14 days after 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 next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 August (4 of the last 5 accounts filed within 68 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 29-05-2026 PDF all 12 filings
Turnover
≈ €240,000
Estimated: probably between €190,000 and €360,000
Total assets
€301,358▼ 4.6%
2024 · €315,961
Net result
€109,994▲ 7.8%
2024 · €102,055
Working capital
€137,601▼ 13.6%
2024 · €159,194
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€135,771
▼ 2.0%
2025
20182025
Net result
€109,994
▲ 7.8%
2025
highest quarter of the sector
20182025
Equity
€137,001
▼ 13.7%
2025
middle half of the sector
20182025
Total assets
€301,358
▼ 4.6%
2025
middle half of the sector
20182025
Debt
€164,358
▲ 4.5%
2025
20182025
Working capital
€137,601
▼ 13.6%
2025
middle half of the sector
20182025
Solvency
45.5%
▼ 4.8pp
2025
middle half of the sector
20182025
Current ratio
1.84
▼ 0.18
2025
middle half of the sector
20182025
Return on assets (ROA)
36.5%
▲ 4.2pp
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€69,379-€60,442▼ 12.9%€31,183▼ 48.4%-€17,535-€4,782▲ 72.7%€27,295€138,485▲ 407%€135,771▼ 2.0%
Net result€58,083-€55,402▼ 4.6%€21,694within the sector's middle half▼ 60.8%-€13,672below the sector's middle half€1,068below the sector's middle half€27,089within the sector's middle half▲ 25×€102,055above the sector's middle half▲ 277%€109,994above the sector's middle half▲ 7.8%
Equity€212,610-€268,012▲ 26.1%€157,919within the sector's middle half▼ 41.1%€144,247within the sector's middle half▼ 8.7%€145,315within the sector's middle half▲ 0.7%€172,404within the sector's middle half▲ 18.6%€158,694within the sector's middle half▼ 8.0%€137,001within the sector's middle half▼ 13.7%
Total assets€235,921-€290,874▲ 23.3%€184,920within the sector's middle half▼ 36.4%€169,987within the sector's middle half▼ 8.1%€172,825within the sector's middle half▲ 1.7%€187,813within the sector's middle half▲ 8.7%€315,961within the sector's middle half▲ 68.2%€301,358within the sector's middle half▼ 4.6%
Debt€23,311-€22,863▼ 1.9%€27,001▲ 18.1%€25,740▼ 4.7%€27,510▲ 6.9%€15,409▼ 44.0%€157,266▲ 921%€164,358▲ 4.5%
Working capital€212,610-€260,018▲ 22.3%€153,922within the sector's middle half▼ 40.8%€144,247within the sector's middle half▼ 6.3%€145,315within the sector's middle half▲ 0.7%€172,904above the sector's middle half▲ 19.0%€159,194within the sector's middle half▼ 7.9%€137,601within the sector's middle half▼ 13.6%
Solvency90.1%-92.1%▲ 2.0pp85.4%above the sector's middle half▼ 6.7pp84.9%above the sector's middle half▼ 0.5pp84.1%above the sector's middle half▼ 0.8pp91.8%above the sector's middle half▲ 7.7pp50.2%within the sector's middle half▼ 41.6pp45.5%within the sector's middle half▼ 4.8pp
Current ratio10.12-12.37▲ 2.256.70above the sector's middle half▼ 5.676.60above the sector's middle half▼ 0.106.28above the sector's middle half▼ 0.3212.60above the sector's middle half▲ 6.312.02within the sector's middle half▼ 10.581.84within the sector's middle half▼ 0.18
Return on assets (ROA)24.6%-19.0%▼ 5.6pp11.7%within the sector's middle half▼ 7.3pp-8.0%below the sector's middle half▼ 19.8pp0.6%below the sector's middle half▲ 8.7pp14.4%within the sector's middle half▲ 13.8pp32.3%within the sector's middle half▲ 17.9pp36.5%within the sector's middle half▲ 4.2pp
above
within
below
The sector band is the middle half of the companies in Legal and accounting activities (NACE 69). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 2% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €301,358
Equity
€137,001 ▼ 13.7%
Debt
€164,358 ▲ 4.5%
Debt's share of the balance-sheet total rises from 49.8% to 54.5%. Equity is lower and debt is higher.
Key figures and ratios
Debt to equity
1.20▲
2024 · 0.99
ROE
80.3%▲
2024 · 64.3%
Debt ≤ 1 year
€163,758▲
2024 · €156,766
Income taxes
€37,105▼
2024 · €48,594
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €3,997 | €3,997 | €3,997 | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €936 | €572 | €357 | €860 | €1,552 | ▲ 80.5% |
| Gross operating margin9900 | €70,012 | €65,087 | €35,681 | -€12,602 | -€4,210 | €27,652 | €139,344 | €137,323 | ▼ 1.5% |
| Operating profit (loss)9901 | €69,379 | €60,442 | €31,183 | -€17,535 | -€4,782 | €27,295 | €138,485 | €135,771 | ▼ 2.0% |
| Financial income75/76B | - | - | - | €4,239 | €7,962 | €8,002 | €12,178 | €11,374 | ▼ 6.6% |
| Recurring financial income75 | €7,791 | €10,041 | €9 | €4,239 | €7,962 | €8,002 | €12,178 | €11,374 | ▼ 6.6% |
| Financial charges65/66B | - | - | - | €141 | €166 | €43 | €13 | €47 | ▲ 247% |
| Recurring financial charges65 | €129 | €132 | €139 | €141 | €166 | €43 | €13 | €47 | ▲ 247% |
| Profit (loss) for the period before taxes9903 | €77,041 | €70,351 | €31,053 | -€13,437 | €3,014 | €35,255 | €150,650 | €147,099 | ▼ 2.4% |
| Income taxes67/77 | €18,958 | €14,950 | €9,359 | €235 | €1,946 | €8,166 | €48,594 | €37,105 | ▼ 23.6% |
| Profit (loss) for the period9904 | €58,083 | €55,402 | €21,694 | -€13,672 | €1,068 | €27,089 | €102,055 | €109,994 | ▲ 7.8% |
| Profit (loss) for the period to be appropriated9905 | €58,083 | €55,402 | €21,694 | -€13,672 | €1,068 | €27,089 | €102,055 | €109,994 | ▲ 7.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €235,921 | €290,874 | €184,920 | €169,987 | €172,825 | €187,813 | €315,961 | €301,358 | ▼ 4.6% |
| Fixed assets21/28 | - | €7,993 | €3,997 | - | - | - | - | - | - |
| Tangible fixed assets22/27 | - | €7,993 | €3,997 | - | - | - | - | - | - |
| Current assets29/58 | €235,921 | €282,881 | €180,923 | €169,987 | €172,825 | €187,813 | €315,961 | €301,358 | ▼ 4.6% |
| Amounts receivable within one year40/41 | €128,162 | €141,489 | €54,515 | €92,143 | €139,816 | €184,348 | €223,075 | €190,749 | ▼ 14.5% |
| Trade receivables40 | - | - | - | - | - | €21,395 | - | €15,511 | - |
| Other amounts receivable41 | - | - | - | €92,143 | €139,816 | €162,953 | €223,075 | €175,238 | ▼ 21.4% |
| Cash at bank and in hand54/58 | €107,759 | €141,392 | €126,408 | €77,843 | €33,008 | €3,465 | €92,462 | €110,609 | ▲ 19.6% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | €423 | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €235,921 | €290,874 | €184,920 | €169,987 | €172,825 | €187,813 | €315,961 | €301,358 | ▼ 4.6% |
| Equity10/15 | €212,610 | €268,012 | €157,919 | €144,247 | €145,315 | €172,404 | €158,694 | €137,001 | ▼ 13.7% |
| Contributions10/11 | €12,400 | €12,400 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €117,625 | €117,625 | €139,319 | €139,319 | €139,319 | €153,804 | €140,094 | €118,401 | ▼ 15.5% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €137,459 | €137,459 | €151,944 | €138,234 | €116,541 | ▼ 15.7% |
| Profit (loss) carried forward14 | €82,585 | €137,987 | - | -€13,672 | -€12,604 | - | - | - | - |
| Amounts payable17/49 | €23,311 | €22,863 | €27,001 | €25,740 | €27,510 | €15,409 | €157,266 | €164,358 | ▲ 4.5% |
| Amounts payable within one year42/48 | €23,311 | €22,863 | €27,001 | €25,740 | €27,510 | €14,909 | €156,766 | €163,758 | ▲ 4.5% |
| Trade debts44 | €2,856 | €2,183 | €1,934 | €438 | €813 | €744 | €1,195 | €677 | ▼ 43.4% |
| Suppliers440/4 | - | - | - | €438 | €813 | €744 | €1,195 | €677 | ▼ 43.4% |
| Taxes, remuneration and social security45 | - | - | - | €25,302 | €26,697 | €14,165 | €45,594 | €48,977 | ▲ 7.4% |
| Taxes450/3 | - | - | - | €25,302 | €26,697 | €14,165 | €45,594 | €48,977 | ▲ 7.4% |
| Other amounts payable47/48 | - | - | - | - | - | - | €109,977 | €114,104 | ▲ 3.8% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €500 | €500 | €600 | ▲ 20.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €58,083 | €55,402 | €21,694 | -€13,672 | €1,068 | €27,089 | €102,055 | €109,994 | ▲ 7.8% |
| + Depreciation and write-downs630 | - | €3,997 | €3,997 | €3,997 | - | - | - | - | - |
| Operating cash flow (approximation) | €58,083 | €59,398 | €25,690 | -€9,675 | €1,068 | €27,089 | €102,055 | €109,994 | ▲ 7.8% |
| Investment in fixed assets (approximation) | - | - | €0 | - | - | - | - | - | - |
| Change in cash | - | €33,633 | -€14,983 | -€48,565 | -€44,835 | -€29,544 | €88,997 | €18,147 | ▼ 79.6% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 34,693 companies had the same profile as BLB has now. Two years later, 95.3% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
95.3%
was still going
3.9%
stopped otherwise
0.7%
went bankrupt
That fits the bankruptcy probability of BLB itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for BLB. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 12 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 29-05-2026 | 2026-00125595 | |
| 31-12-2024 | micro format | 20-06-2025 | 2025-00156684 | |
| 31-12-2023 | micro format | 26-08-2024 | 2024-00368686 | |
| 31-12-2022 | micro format | 29-09-2023 | 2023-00460158 | |
| 31-12-2021 | micro format | 29-08-2022 | 2022-20333211 | |
| 31-12-2020 | micro format | 30-09-2021 | 2021-69200171 | |
| 31-12-2019 | micro format | 27-08-2020 | 2020-45000520 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-55300171 | |
| 31-12-2017 | micro format | 27-09-2018 | 2018-65000153 | |
| 31-12-2016 | micro format | 29-09-2017 | 2017-63700187 |
Board & ownership
Directors
Directors
1 director
MOHAN Manu
Current
Owners and capital
Owners
Network & group
BLB shares no director with another company.
Companies at the same address
6 other companies- Teixeira de Sousa, Anibal (sole trader) Establishment · since 2025 0671564949
- DLT Med Registered office · since 2025 1029503659
- Adonaï, Johan (sole trader) Establishment · since 2021 0771545918
- Texier, Arnaud (sole trader) Establishment · since 2012 0849314677
- A.C.P. IV AV HERONNIERE 102 Registered office · since 2008 0850115522
- BERLU Registered office · since 1989 0436907992
Connections & network
1 current directorThe network starts from the directors of BLB. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
29-05
micro format · 63 days before the deadline
2025
31-12
Financial
Highest result from 2018 to 2025net €109,994 ▲7.8%
The net result of €109,994 is the highest of those years.
20-06
micro format · 41 days before the deadline
2024
26-08
micro format · 26 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 12.60
The current ratio rises from 6.28 to 12.60. Short-term debt falls from €27,510 to €14,909.
31-12
Financial
Equity above €150,000equity €172,404 ▲18.6%
After 2 profitable years in a row, equity reaches €172,404.
29-09
micro format · 60 days late
2022
31-12
Financial
Back to profitnet €1,068
The net result is €1,068, after one loss-making year.
29-08
micro format · 29 days late
2021
31-12
Financial
Weakest financial yearnet -€13,672
The net result drops to -€13,672, the lowest from 2018 to 2025. It recovers the following year.
30-09
micro format · 61 days late
2020
27-08
micro format · 27 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
BLB in French
Enterprise number
0541.495.768
Legal form
Private limited company (pre-2019)
Status
Active, normale toestand
Founded
29-10-2013
Entity type
Legal entity
Registered office and establishments
Registered office
Reigersboslaan 102, 1160 Oudergem, Belgium
Establishment unit
Reigersboslaan 102, 1160 Oudergem since 29-10-2013 · unit number 2.224.797.542
Activities
NACEBEL 202569101
Activities of lawyers main activity
Codes under NACEBEL 2008
69101
Activities of lawyers main activity
Invoicing and payment
VAT number
BE 0541.495.768
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Sites & property
Location
Buildings and parcels at the address
Ground area
2,048 m²
Building footprint
395 m²
Building volume
14,135 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21002A0080/00K000 | Brussels | 2,048 m² | 1 · 395 m² | 39.7 m · 12 |