GDW LAW
ActiveSummary
GDW LAW has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €44k and a net result of €14k. Equity is growing by ~57.1% per year across the filed fiscal years. Its solvency ranks better than 71% of 7058 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability98▼-2
Solvency100▲+13
Growth78=
Track record94
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 3.87 against 2.5 in 2024; short-term debt: 25% and cash: 54.8% of total assets), and 25.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
74.7%
Return on assets
23.7%
Age of the figures
9 mo
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 29-06-2026, 32 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
32 d early
2024
29 d late
2023
26 d late
← 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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€44k▲ 42.6%
2024 · €31k
2023: €9klowest in 3 years
2024: €31k▲ +253% vs 2023
2025: €44k▲ +42.6% vs 2024highest in 3 years
2023 → 2025
Total assets
€59k▲ 18.3%
2024 · €50k
2023: €23klowest in 3 years
2024: €50k▲ +116% vs 2023
2025: €59k▲ +18.3% vs 2024highest in 3 years
2023 → 2025
Net result
€14k▼ 39.2%
2024 · €23k
2023: €8klowest in 3 years
2024: €23k▲ +204% vs 2023highest in 3 years
2025: €14k▼ -39.2% vs 2024
2023 → 2025
Working capital
€42k▲ 49.1%
2024 · €28k
2023: €5klowest in 3 years
2024: €28k▲ +480% vs 2023
2025: €42k▲ +49.1% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€9k-€31k▲ 253%€44k▲ 42.6%
2023: €9klowest in 3 years
2024: €31k▲ +253% vs 2023
2025: €44k▲ +42.6% vs 2024highest in 3 years
Operating result€10k-€30k▲ 197%€18k▼ 37.9%
2023: €10klowest in 3 years
2024: €30k▲ +197% vs 2023highest in 3 years
2025: €18k▼ -37.9% vs 2024
Net result€8k-€23k▲ 204%€14k▼ 39.2%
2023: €8klowest in 3 years
2024: €23k▲ +204% vs 2023highest in 3 years
2025: €14k▼ -39.2% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 38% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €59k
Fixed assets
€2k ▼ 27.1%
Current assets
€57k ▲ 20.7%
Equity and liabilities €59k
Equity
€44k ▲ 42.6%
Debt
€15k ▼ 21.3%
Debt's share of the balance-sheet total falls from 38.0% to 25.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€19k▼
2024 · €31k
Cash flow
€15k▼
2024 · €24k
Current ratio
3.87▲
2024 · 2.50
Debt to equity
0.34▼
2024 · 0.61
ROE
31.8%▼
2024 · 74.5%
ROA
23.7%▼
2024 · 46.2%
Interest coverage
31.77▼
2024 · 51.35
Debt ≤ 1 year
€15k▼
2024 · €19k
Income taxes
€4k▼
2024 · €6k
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 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€50k€59k▲
Fixed assets21/28€2k€2k▼
Tangible fixed assets22/27€2k€2k▼
Furniture and vehicles24€2k€2k▼
Current assets29/58€47k€57k▲
Amounts receivable within one year40/41€8k€8k▲
Trade receivables40€8k€8k▲
Current investments50/53-€15k
Cash at bank and in hand54/58€38k€32k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€50k€59k▲
Equity10/15€31k€44k▲
Contributions10/11€2k€2k=
Reserves13€29k€42k▲
Distributable reserves133€29k€42k▲
Profit (loss) carried forward14€10€19▲
Amounts payable17/49€19k€15k▼
Amounts payable within one year42/48€19k€15k▼
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€12k€9k▼
Taxes450/3€12k€9k▼
Other amounts payable47/48€3k€4k▲
Accrued charges and deferred income492/3-€136
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€661▼
Other operating charges640/8€380€710▲
Gross operating margin9900€31k€20k▼
Operating profit (loss)9901€30k€18k▼
Financial income75/76B-€70
Recurring financial income75-€70
Financial charges65/66B€604€600▼
Recurring financial charges65€604€600▼
Profit (loss) for the period before taxes9903€29k€18k▼
Income taxes67/77€6k€4k▼
Profit (loss) for the period9904€23k€14k▼
Profit (loss) for the period to be appropriated9905€23k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€23k€14k▼
Profit (loss) brought forward from the previous period14P€7€10▲
Transfer to equity691/2€22k€13k▼
To other reserves6921€22k€13k▼
Profit to be distributed694/7€859€833▼
Return on contributions (dividend)694€859€833▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €1k | €661 | ▼ 52.0% |
| Other operating charges640/8 | €135 | €380 | €710 | ▲ 86.9% |
| Gross operating margin9900 | €11k | €31k | €20k | ▼ 37.0% |
| Operating profit (loss)9901 | €10k | €30k | €18k | ▼ 37.9% |
| Financial income75/76B | - | - | €70 | - |
| Recurring financial income75 | - | - | €70 | - |
| Financial charges65/66B | €339 | €604 | €600 | ▼ 0.6% |
| Recurring financial charges65 | €339 | €604 | €600 | ▼ 0.6% |
| Profit (loss) for the period before taxes9903 | €10k | €29k | €18k | ▼ 38.4% |
| Income taxes67/77 | €2k | €6k | €4k | ▼ 35.5% |
| Profit (loss) for the period9904 | €8k | €23k | €14k | ▼ 39.2% |
| Profit (loss) for the period to be appropriated9905 | €8k | €23k | €14k | ▼ 39.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €23k | €50k | €59k | ▲ 18.3% |
| Formation expenses20 | €715 | - | - | - |
| Fixed assets21/28 | €3k | €2k | €2k | ▼ 27.1% |
| Tangible fixed assets22/27 | €3k | €2k | €2k | ▼ 27.1% |
| Furniture and vehicles24 | €3k | €2k | €2k | ▼ 27.1% |
| Current assets29/58 | €19k | €47k | €57k | ▲ 20.7% |
| Amounts receivable within one year40/41 | €3k | €8k | €8k | ▲ 11.3% |
| Trade receivables40 | €3k | €8k | €8k | ▲ 11.3% |
| Current investments50/53 | - | - | €15k | - |
| Cash at bank and in hand54/58 | €15k | €38k | €32k | ▼ 16.3% |
| Deferred charges and accrued income490/1 | €1k | €1k | €2k | ▲ 34.9% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €23k | €50k | €59k | ▲ 18.3% |
| Equity10/15 | €9k | €31k | €44k | ▲ 42.6% |
| Contributions10/11 | €2k | €2k | €2k | = |
| Reserves13 | €7k | €29k | €42k | ▲ 45.5% |
| Distributable reserves133 | €7k | €29k | €42k | ▲ 45.5% |
| Profit (loss) carried forward14 | €7 | €10 | €19 | ▲ 82.2% |
| Amounts payable17/49 | €14k | €19k | €15k | ▼ 21.3% |
| Amounts payable within one year42/48 | €14k | €19k | €15k | ▼ 22.0% |
| Trade debts44 | €3k | €3k | €2k | ▼ 49.6% |
| Suppliers440/4 | €3k | €3k | €2k | ▼ 49.6% |
| Taxes, remuneration and social security45 | €9k | €12k | €9k | ▼ 24.7% |
| Taxes450/3 | €9k | €12k | €9k | ▼ 24.7% |
| Other amounts payable47/48 | €2k | €3k | €4k | ▲ 14.7% |
| Accrued charges and deferred income492/3 | - | - | €136 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €8k | €23k | €14k | ▼ 39.2% |
| + Depreciation and write-downs630 | €1k | €1k | €661 | ▼ 52.0% |
| Operating cash flow (approximation) | €9k | €24k | €15k | ▼ 39.9% |
| Investment in fixed assets (approximation) | - | €-715 | €0 | ▲ 100% |
| Change in cash | - | €23k | €-6k | ▼ 127% |
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
Next filing, fiscal year 2026, expected by
2026
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2023net €23k ▲204%
Operating result €30k, net result €23k, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Sint-Lievens-Houtem · 1 establishment unit since 2023
Ground area
2,558 m²
Building footprint
405 m²
Volume, LiDAR
6,618 m³
2 parcels, Brussels, Flanders · tallest building 28.5 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
GDW LAW
since 20232.346.989.432
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41080A0041/00P000 | Flanders | 2,309 m² | 1 · 158 m² | 9.1 m · 2 fl. |
| 21905C0054/00R005 | Brussels | 249 m² | 1 · 247 m² | 28.5 m · 9 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.
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Of 13,417 companies in sector 73300 we hold annual accounts for 6,898. 5,433 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
Founded29-06-2023
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
70200Business and other management consultancy
85592Vocational training
85599Other education
Scores and ratios are computed by Checked and are not a credit decision.