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GN Legal

Active
Private limited companyfounded 2024active for 1 yearKeienberglaan 22, 1850 Grimbergen, BelgiumKBO/BCE: BE 1017.911.367
Summary

GN Legal has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14,789 and a net result of €12,289. Its solvency ranks better than 39% of 15,782 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
GN LegalActiveChecked score 95/100
Risk analysis ReportCompare

Overview

Official details

Source: KBO
Status
Active since 24-12-2024 Normal situation
Activity
Activities of lawyers NACE 69101
Establishment unit
2.368.292.315 1850 Grimbergen, since 24-12-2024
Financial year end
31 March
Peppol
Reachable since 10-12-2025
Company details

Board and ownership

Board
Board & ownership

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 31-03-2025
Gross margin
€16,606
Turnover
≈ €97,000
estimated
Profit
€12,289
Equity
€14,789
Total assets
€32,721
  • 2025 accounts filed 3 days after the deadline
Financials
Score breakdownraises riskFigures for financial year 2025 (filed on 03-11-2025)1 financial year not filed after the legal deadline; last filed accounts filed 3 days latelowers riskSector: Legal and accounting activities (NACE 69)Liquidity: current ratio 1.66, cash €29,760Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 62% of micro companies in legal and accounting (NACE 69)
Every signal that counts is listed under Signals.
Financial strength
Strong
Solvency 70
equity 45.2% of total assets
Liquidity 72
short-term debt 54.8% · cash 90.9%
Profitability 100
return on assets 37.6%
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).

Sector median < 0.1% (20,087 companies, NACE 69, micro)
Last 24 months 01-2026: < 0.1%lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 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%▲ +0.1 percentage points vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026highest value
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.66, above the usual 1.5. Short-term debt is 54.8% and cash 90.9% of total assets. However, 54.8% 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, 61% on liquidity and 82% on profitability.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Sector: Legal and accounting activities (NACE 69)
KBO
lowers risk · Liquidity: current ratio 1.66, cash €29,760
NBB · annual accounts
raises risk · Figures for financial year 2025 (filed on 03-11-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 3 days late
NBB · filings
raises risk · Young company
Founded in 2024, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 years
raises risk · 2025 accounts filed 3 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 03-11-2025, 3 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.
NBB · 1 filing
Deviation from the deadline
2025
3 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Key points

  • Caution: Less equity than 83% of companies in legal and accountingsector median €86,403 · 15,787 companies €14,789 View

Recent changes

  1. · Gazette deed IncorporationStarting capital €2,500 · Appointment: NELIS Guillaume Paul (director)
All 2 events

Comparable companies

These companies have the same main activity as GN Legal: activities of lawyers (NACE 69101). They are comparable in size and age: total assets between €28,500 and €33,600, founded between 2024 and 2025.

CompanyTotal assetsGross margin
GN Legal Grimbergen€32,721€16,606
LG LEGAL Wavre€33,591€16,551
Jasper Stuer Roeselare€33,428€14,742
SBMK Lummen€30,926€18,509
OliLex Mechelen€29,800€17,818
Robbe Van Cauwenbergh Mechelen€28,494€15,673
DP Legal Solutions Antwerpen€30,548€17,811
Full comparison

Key facts about GN Legal
What is the company number of GN Legal?
The company number of GN Legal is 1017.911.367. The VAT number is the same number with BE in front: BE 1017.911.367.
Where is GN Legal based?
The registered office is at Keienberglaan 22, 1850 Grimbergen.Company details
What does GN Legal do?
According to the KBO register, the main activity is activities of lawyers (NACE 69101).
What is the legal form of GN Legal?
The legal form of GN Legal is Private limited company (BV).
When was GN Legal founded?
GN Legal was founded on 24-12-2024.
Is GN Legal still active?
Yes, GN Legal is an active enterprise in the KBO register.
What is the turnover of GN Legal?
The turnover in financial year 2025 is ≈ €97,000. This figure is estimated from the gross margin of €16,606 and 34 comparable companies (NACE 691). It probably lies between €56,000 and €230,000. It is a rough estimate.Financials
Is GN Legal profitable?
In financial year 2025, GN Legal made a profit of €12,289.
Where can I find the annual accounts of GN Legal?
GN Legal filed 1 annual account with the National Bank of Belgium, for financial year 2025.

Next steps

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