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FIRST LAW INTERNATIONAL

Active
Private limited companyfounded 2002active for 24 yearsLouizalaan 480, 1050 Elsene, Belgium268 active companies are registered at this addressKBO/BCE: BE 0476.944.149
Summary

FIRST LAW INTERNATIONAL has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.1m and a net result of €3.1m. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 37% of 4,107 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
FIRST LAW INTERNATIONALActiveChecked score 92/100
Risk analysis ReportCompare

Overview

Activity
Other legal services
NACE 69109
1 site
Size
€7.4mtotal assets 2025
Staff
2.3 FTE
Equity
€2.1m
Profit
€3.1m
Financial health
92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Parent
YSG GROUP HOLDINGS · 100%
  • Astrid LAURITSENDirector
  • FLI HOLDINGManaging director
2025 accounts 79 days early2 of 6 deeds summarised
Why 92raises risk1 change of registered office in 24 monthslowers riskSize: 2.3 FTE, total assets €7.4mSector: Legal and accounting activities (NACE 69)Figures for financial year 2025 (filed 13-05-2026)Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 35% of its sector peers (NACE 69, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 54-46
equity 28.6% of total assets
Liquidity 47-15
short-term debt 37.7% · cash 11.2%
Profitability 100=
return on assets 41.8%
Bankruptcy probability, 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).

Sector median < 0.1% (20,063 companies, NACE 69, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025highest value 06-2025: < 0.1%▼ -0.2 percentage points vs 05-2025 07-2025: < 0.1%● unchanged 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 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 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 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €190,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.58, compared with 7.58 in 2024, above the usual 1.5; short-term debt: 37.7% and cash: 11.2% of total assets), but 71.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 29% on solvency, 22% on liquidity, 82% on profitability and 8% on growth.

The bankruptcy probability was computed on 26-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: 2.3 FTE, total assets €7.4m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Sector: Legal and accounting activities (NACE 69)
KBO
lowers risk · Figures for financial year 2025 (filed 13-05-2026)
NBB · annual accounts
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 13-05-2026, 79 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
79 days early
2024
66 days early
2023
8 days late
2022
7 days early
2021
30 days early
2020
106 days early
2019
70 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 30 days before the deadline; the sector median (NACE 69) for financial year 2024 is 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 1 July (4 of the last 5 filed years within 39 days of that day).
Companies Code · seven months
Where today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Permanent representative: Daniel Casares-LauritsenRegistered-office move
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Caution: Equity fell in 2025from €6.4m to €2.1m ▼ 66.8% View
  • Positive: Among the best 5% on net resultsector median €96,142 · 4,096 companies €3.1m View
  • Positive: 8 profitable years in a rowprofit 2025: €3.1m 8 years View
  • Controlled by YSG GROUP HOLDINGS 100% View

By topic

Financials

Financial year
2025
Total assets
€7.4m
Profit
€3.1m
Solvency
28.6%
Total assets▲ 1.2%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Parent
YSG GROUP HOLDINGS · 100%
  • Astrid LAURITSENDirector
  • FLI HOLDINGManaging director
Go to Board & ownership

Timeline

Events
32
Since
2004
Next accounts
by 31-07-2027
  1. 31-12-2024Liquidity more than 5 times
  2. 31-12-2024Equity above €5m
  3. 08-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other legal servicesNACE 69109
Founded
21-02-2002
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about FIRST LAW INTERNATIONAL

What is the company number of FIRST LAW INTERNATIONAL?
0476.944.149. In Belgium the VAT number is the company number with BE in front: BE 0476.944.149.
Where is FIRST LAW INTERNATIONAL based?
The registered office is at Louizalaan 480, 1050 Elsene.Company details
What does FIRST LAW INTERNATIONAL do?
According to the KBO register, the main activity is other legal services (NACE 69109).
What is the legal form of FIRST LAW INTERNATIONAL?
Private limited company (BV).
When was FIRST LAW INTERNATIONAL founded?
On 21-02-2002.
Is FIRST LAW INTERNATIONAL still active?
Yes, FIRST LAW INTERNATIONAL is an active enterprise in the KBO register.
How many employees does FIRST LAW INTERNATIONAL have?
On average 2.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of FIRST LAW INTERNATIONAL?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is FIRST LAW INTERNATIONAL profitable?
In financial year 2025, FIRST LAW INTERNATIONAL made a profit of €3.1m.
Where can I find the annual accounts of FIRST LAW INTERNATIONAL?
FIRST LAW INTERNATIONAL filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FIRST LAW INTERNATIONAL due?
By 31-07-2027, for financial year 2026.Timeline

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