Limited partnership · founded 2019 · active for 7 yearsPontstraat 4, 1981 Zemst, BelgiumKBO/BCE: BE 0723.899.122
Summary
The computed 12-month bankruptcy probability of EC-LAW is 2.2% (moderate). The 2019 annual accounts show equity of €12,052 and a net result of €18,652. The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.
2019 accounts filed 80 days late1 of 2 deeds summarised
Signalsraises riskFigures for financial year 2019 (filed 22-10-2020)Liquidity: current ratio 1.57, cash €18Last filed accounts filed 80 days late; 1 of the last 3 late2019 accounts filed 80 days latelowers riskSector: Legal and accounting activities (NACE 69)Show the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2019 are too old to assess current financial health.
Financial strength, FY 2019
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Average
Solvency61
equity 36.1% of total assets
Liquidity16
short-term debt 63.9% · cash 0.1%
Profitability100
return on assets 55.9%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
2.2%Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Sector median < 0.1% (20,073 companies, NACE 69, micro)
Last 24 months11-2024: 2.1%12-2024: 2.1%● unchanged vs 11-202401-2025: 2.1%● unchanged vs 12-202402-2025: 2.1%● unchanged vs 01-202503-2025: 2.1%● unchanged vs 02-2025lowest value04-2025: 2.1%● unchanged vs 03-202505-2025: 2.1%● unchanged vs 04-202506-2025: 2.1%● unchanged vs 05-202507-2025: 2.1%● unchanged vs 06-202508-2025: 2.1%● unchanged vs 07-202509-2025: 2.1%● unchanged vs 08-202510-2025: 2.1%● unchanged vs 09-202511-2025: 2.1%● unchanged vs 10-202512-2025: 2.1%● unchanged vs 11-202501-2026: 2.1%● unchanged vs 12-202502-2026: 2.1%● unchanged vs 01-202603-2026: 2.1%● unchanged vs 02-202604-2026: 2.1%● unchanged vs 03-202605-2026: 2.1%● unchanged vs 04-202606-2026: 2.1%● unchanged vs 05-202607-2026: 2.1%● unchanged vs 06-202608-2026: 2.1%● unchanged vs 07-202609-2026: 2.1%● unchanged vs 08-202610-2026: 2.2%▲ +0.1 percentage points vs 09-2026highest value
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 19-10-2020, 80 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
tick = median of all Belgian filingsring = median in the sector
This company filed its 2019 accounts 80 days after the deadline; the sector median (NACE 69) for financial year 2019 is 1 day before the deadline, and 45% of those companies filed late.