KORU LAW
ActiveKORU LAW has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €37k and a net result of €-21k. Equity is shrinking by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 90% of 12617 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency100=
Growth32=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 9.99 against 20.19 in 2024), and 9.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
90.2%
Return on assets
-50.8%
Age of the figures
8 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€21k
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
6 d early
2023
2 d early
2022
3 d early
2021
11 d early
2020
4 d early
2019
22 d late
← before the deadline
after the deadline →
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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€37k▼ 44.4%
2024 · €66k
2018: €74k
2019: €104k
2020: €141k
2021: €129k
2022: €95k
2023: €75k
2024: €66k
2018 → 2025
Total assets
€41k▼ 41.3%
2024 · €70k
2018: €88k
2019: €129k
2020: €165k
2021: €134k
2022: €99k
2023: €76k
2024: €70k
2018 → 2025
Net result
€-21k▼ 132%
2024 · €-9k
2018: €36k
2019: €31k
2020: €38k
2021: €-12k
2022: €-34k
2023: €-20k
2024: €-9k
2018 → 2025
Working capital
€36k▼ 44.5%
2024 · €65k
2018: €71k
2019: €97k
2020: €131k
2021: €120k
2022: €90k
2023: €74k
2024: €65k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€129k-€95k▼ 26.0%€75k▼ 21.4%€66k▼ 11.9%€37k▼ 44.4%
Operating result€-11k-€-34k▼ 203%€-20k▲ 39.6%€-10k▲ 50.3%€-22k▼ 115%
Net result€-12k-€-34k▼ 189%€-20k▲ 39.4%€-9k▲ 56.3%€-21k▼ 132%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €22k in 2025 against €10k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €41k
Fixed assets
€888▼ 39.1%
Current assets
€40k▼ 41.4%
Equity and liabilities €41k
Equity
€37k▼ 44.4%
Debt
€4k▲ 18.4%
The debt ratio rises from 4.8% to 9.8%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-21k▼
2024 · €-10k
Cash flow
€-20k▼
2024 · €-8k
Solvency
90.2%▼
2024 · 95.2%
Current ratio
9.99▼
2024 · 20.19
Quick ratio
9.99▼
2024 · 20.19
Debt / equity
0.11▲
2024 · 0.05
ROE
-56.3%▼
2024 · -13.5%
ROA
-50.8%▼
2024 · -12.8%
Interest coverage
-1226.68▲
2024 · -5063.24
Debt
€4k▲
2024 · €3k
Debt ≤ 1 year
€4k▲
2024 · €3k
Income taxes
€133▼
2024 · €160
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€70k€41k▼
Fixed assets21/28€1k€888▼
Tangible fixed assets22/27€1k€888▼
Furniture and vehicles24€1k€888▼
Current assets29/58€68k€40k▼
Amounts receivable within one year40/41€9k€2k▼
Other amounts receivable41€9k€2k▼
Current investments50/53€51k-
Cash at bank and in hand54/58€7k€35k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€70k€41k▼
Equity10/15€66k€37k▼
Contributions10/11€12k€12k=
Reserves13€103k€94k▼
Distributable reserves133€103k€94k▼
Profit (loss) carried forward14€-49k€-70k▼
Amounts payable17/49€3k€4k▲
Amounts payable within one year42/48€3k€4k▲
Trade debts44€3k€4k▲
Suppliers440/4€3k€4k▲
Taxes, remuneration and social security45€132€9▼
Taxes450/3€132€9▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€408€569▲
Other operating charges640/8€126€920▲
Gross operating margin9900€-10k€-20k▼
Operating profit (loss)9901€-10k€-22k▼
Financial income75/76B€1k€1k▼
Recurring financial income75€1k€1k▼
Financial charges65/66B€2€17▲
Recurring financial charges65€2€17▲
Profit (loss) for the period before taxes9903€-9k€-21k▼
Income taxes67/77€160€133▼
Profit (loss) for the period9904€-9k€-21k▼
Profit (loss) for the period to be appropriated9905€-9k€-21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-49k€-70k▼
Profit (loss) brought forward from the previous period14P€-40k€-49k▼
Transfer from equity791/2-€9k
Profit to be distributed694/7-€9k
Return on contributions (dividend)694-€9k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 70.66
Current ratio from 26.44 to 70.66; short-term debt falls from €4k to €1k.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-34k
Net result drops to €-34k, the lowest in the series; recovery starts the following year.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 23.53
Current ratio from 7.23 to 23.53; short-term debt falls from €21k to €5k.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €38k ▲23%
Operating result €55k, net result €38k, both a record.
22-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 22 days late
2019
31-12
Financial
Equity above €100kEq €104k ▲40.1%
2 profitable years in a row build equity to €104k.
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
03-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 3 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Etterbeek · 1 establishment unit since 2009
Ground area
3,463 m²
Building footprint
588 m²
Volume, LiDAR
9,362 m³
Parcel 21363B0490/00G007, Brussels · tallest building 18.5 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Pellegrini Marie
since 20092.184.198.389
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21363B0490/00G007 | Brussels | 3,462 m² | 1 · 588 m² | 18.5 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
NDR
BE 0835.466.641
Ukkel · Eq €37k
ADVOCAAT FRANK HÖREN
BE 0833.865.844
Hasselt · Eq €37k
Charlotte Dewilde
BE 0791.806.941
Gent · Eq €37k
Advocatenkantoor Sam Dejaegere
BE 0805.948.848
Antwerpen · Eq €37k
Aurélie Meledina, Avocat
BE 0805.333.194
Sint-Pieters-Woluwe · Eq €37k
Of 22,018 companies in sector 69101 we hold annual accounts for 9,028. 6,906 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-12-2009
Fiscal year end31-12
Activities, NACEBEL
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.