Turnover
€675,902 ▲ 87.5%
Turnover rose in 2025: different schema filed.
Law Is Code
Overview
Lifetime
16 annual accounts with figures on one time axispeak €1.5m (2016)
€675,902▲ 87.5%
lowest -€405,343 (2015)
€643,505▲ 199%
peak €881,308 (2025)
€881,308▲ 271%
€4.3m▼ 3.2%
peak 3.5 FTE (2011)
-not published
Board5 names since 2011
1 directorDe Cronos Groep
Owners3 names in the annual accounts
100%Law & Code and 1 other
Documentsfilings and deeds
27-07-20264 days before the deadline
2025financial year
Turnover from €360,390 to €675,902Gross margin from €335,460 to €736,963Result from €214,976 to €643,505Equity from €237,803 to €881,308
Key points
from the 2025 annual accountsDebts
€4.3m 83% of the balance sheet
Suppliers 3%Taxes and wages 1%Other 97%
Payment terms
298 days to suppliers
Law Is Code pays its suppliers 881 days earlier than in 2024. Customers pay 245 days later.
Checked score
87
Excellent
Financially stronger than 44% of small companies in advertising and market research (NACE 73)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 722 companies (NACE 73, small).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025lowest value
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.2%▲ +0.1 percentage points vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.3%▲ +0.1 percentage points vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026highest value
08-2026: 0.2%▼ -0.1 percentage points vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 0.11, cash €4,992
lowers risk
Size: turnover €675,902, total assets €5.2m
Founded in 2008
Figures for financial year 2025 (filed on 27-07-2026)
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 73, small). It does better than 20% of them on solvency, 4% on liquidity, 54% on profitability and 98% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Credit verdict
Credit of up to €65,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.11 (0.0 in 2024), below 1. Short-term debt is 83% and cash 0.1% of total assets. 83% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 846 sector peers (2025).
NBB · sector comparisonPosition among 846 sector peers
Solvency
better than 25%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €881,308
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 days early
2024
22 days late
2023
8 days early
2022
11 days late
2021
24 days late
2020
19 days early
2019
22 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 1 day after the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% 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 11 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Law & Code 100%score 90equity €541,782 (2025) · annual accounts 2025
Shares in 2 companies, Cronos Legal and AGILE INCUBATION COMPANY
Board & ownershipRecent changes
Company renamed from Upsell to Law Is Code
Registered office moved within Kontich · New registered office: Veldkant 33 bus A, 2550 Kontich · Previous registered office: Veldkant 39, 2550 Kontich · General meeting of 27-09-2024 · Gazette deed
Reappointment: KPMG Bedrijfsrevisoren BV (statutory auditor)
Permanent representative: Dirk Deroost · General meeting of 21-06-2023 · Gazette deed
Capital decrease of €1,820,769.02 to €62,000
Capital from €1,882,769.02 to €62,000 · Contribution of €1,864,169.02 · Change of role: De Cronos Groep, from director to sole director · General meeting of 29-03-2021 · Gazette deed
New statutory auditor
KPMG Bedrijfsrevisoren CVBA appointed, EY bedrijfsrevisoren BV resigned · Permanent representatives: Tim Vermeiren and Dirk Deroost · Director discharge: EY bedrijfsrevisoren BV (statutory auditor) · General meeting of 29-09-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Law Is Code Kontich | €5.2m | €736,963 | 17.0% | - |
| C.M.C. PROJECTS Meise | €5.7m | €799,140 | 63.4% | - |
| JN CONSULTING Dendermonde | €5.1m | €621,783 | 38.6% | - |
| ACACIAS Boechout | €3.9m | €701,974 | 94.8% | - |
| DEBIMEX Hoogstraten | €5.2m | €491,314 | 99.5% | - |
| ORANGE TREE Mortsel | €3.3m | €783,970 | 85.2% | - |
| JACOBS HOLDING Tongeren-Borgloon | €4.3m | €879,833 | 49.8% | 10.5 |
These companies have the same main activity as Law Is Code: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €3.3m and €5.7m, founded between 2005 and 2010.
Official details
Source: KBO- Status
- Active since 11-09-2008Normal situation
- Registered office
- 146 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Public relations and communication consultancyNACE 73300
- Establishment unit
- 2.173.863.6342550 Kontich, since 11-09-2008
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €675,902▲ 87.5%
- €643,505▲ 199%
- €881,308▲ 271%
- €5.2m▲ 10.7%
- Filing
- Filed on 27-07-2026, 4 days before the end of the filing period
Companies linked to Law Is Code
Parent and group
Insights on Law Is Code
Law Is Code has existed since 2008. Turnover fell from €1.5m in 2016 to €105,803 in 2017. The accounts now follow the abbreviated format, last year the full format.
Solvency rose in 2025 from 5.1% to 17.0% because of the retained profit.
Law & Code holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
full format, filed on 27-07-2026, 4 days before the deadline€675,902
▲ 87.5%
€736,210
▲ 120%
-
-
17.0%
▲ 11.9 percentage points
0.11
▲ 0.11
Money flows
of every €100 of turnover, €95.21 remains as profit in 2025Balance sheet
balance sheet total €5.2m on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
17.0%
Higher than 25% of 846 companies in 2025.
0.11
Lower than 95% of 813 companies in 2025.
12.4%
Higher than 80% of 837 companies in 2025.
Law Is Code
Middle half of the sector
80% of the sector
Full accounts in advertising and market research (NACE 73)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter
Staff
Men and women
Not in that year's accounts.
Staff costs divided by the average number of full-time equivalents.
people who joined
people who left
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||
20/58 |
5.2m | 4.7m | 25,424 | 32,340 | 37,558 | 13,220 | 15,392 | 21,062 | 32,151 | 820,373 | 137,908 | 431,426 | 456,869 | 351,663 | 301,705 | 188,004 | |
21/28 |
4.7m | 4.7m | - | - | - | - | - | - | - | 81 | 923 | 6,445 | 12,733 | 20,191 | 25,745 | 12,614 | |
21 |
- | - | - | - | - | - | - | - | - | - | - | 1,260 | 3,060 | 4,860 | 6,660 | 8,460 | |
22/27 |
- | - | - | - | - | - | - | - | - | 81 | 923 | 5,185 | 9,673 | 15,331 | 19,085 | 4,154 | |
23 |
- | - | - | - | - | - | - | - | - | - | - | 166 | 414 | 1,309 | 1,535 | 2,424 | |
24 |
- | - | - | - | - | - | - | - | - | - | 12 | 687 | 1,504 | 2,846 | 4,187 | 1,730 | |
26 |
- | - | - | - | - | - | - | - | - | 81 | 911 | 4,333 | 7,754 | 11,176 | 13,363 | - | |
28 |
4.7m | 4.7m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
29/58 |
458,342 | 4,652 | 25,424 | 32,340 | 37,558 | 13,220 | 15,392 | 21,062 | 32,151 | 820,291 | 136,985 | 424,981 | 444,136 | 331,472 | 275,960 | 175,390 | |
3 |
- | - | - | - | - | - | - | - | - | - | - | 63,001 | 94,629 | 61,803 | 62,603 | 17,099 | |
30/36 |
- | - | - | - | - | - | - | - | - | - | - | 63,001 | 94,629 | 61,803 | 62,603 | 17,099 | |
34 |
- | - | - | - | - | - | - | - | - | - | - | 63,001 | 94,629 | 61,803 | 62,603 | 17,099 | |
40/41 |
453,350 | 419 | 20,366 | 27,282 | 27,839 | 3,216 | 3,914 | 11,086 | 22,653 | 778,504 | 133,288 | 301,845 | 272,385 | 230,057 | 163,022 | 123,221 | |
40 |
453,350 | 419 | 337 | - | - | - | 2,288 | 11,086 | 17,372 | 777,919 | 86,574 | 270,327 | 257,628 | 181,200 | 107,716 | 113,347 | |
41 |
- | - | 20,029 | 27,282 | 27,839 | 3,216 | 1,627 | - | 5,282 | 585 | 46,714 | 31,518 | 14,757 | 48,856 | 55,306 | 9,874 | |
54/58 |
4,992 | 4,233 | 5,004 | 5,004 | 9,660 | 10,004 | 11,420 | 9,976 | 9,498 | 41,787 | 3,220 | 58,674 | 74,942 | 31,521 | 46,402 | 32,303 | |
490/1 |
- | - | 54 | 54 | 58 | - | 58 | - | - | - | 476 | 1,462 | 2,181 | 8,091 | 3,933 | 2,767 | |
| Balance sheet: equity and liabilities | |||||||||||||||||
10/49 |
5.2m | 4.7m | 25,424 | 32,340 | 37,558 | 13,220 | 15,392 | 21,062 | 32,151 | 820,373 | 137,908 | 431,426 | 456,869 | 351,663 | 301,705 | 188,004 | |
10/15 |
881,308 | 237,803 | 22,827 | 30,189 | 35,640 | -1.8m | -1.7m | -1.7m | -1.6m | -1.5m | -1.6m | -1.2m | -889,737 | -636,282 | -436,691 | -100,299 | |
10/11 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
10 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | - | - | - | - | - | - | - | - | - | - | - | |
100 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
13 |
818,060 | 158,060 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
8,060 | 8,060 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | |
130 |
6,200 | 6,200 | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | |
133 |
810,000 | 150,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
1,248 | 17,743 | -41,033 | -33,671 | -28,220 | -1.8m | -1.7m | -1.7m | -1.6m | -1.5m | -1.6m | -1.2m | -910,197 | -656,742 | -457,151 | -120,759 | |
17/49 |
4.3m | 4.4m | 2,597 | 2,151 | 1,918 | 1.8m | 1.7m | 1.7m | 1.6m | 2.3m | 1.7m | 1.6m | 1.3m | 987,946 | 738,396 | 288,303 | |
42/48 |
4.3m | 4.4m | 2,597 | 2,151 | 1,918 | 1.8m | 1.7m | 1.7m | 1.6m | 2.3m | 1.7m | 1.6m | 1.3m | 987,946 | 738,396 | 288,303 | |
44 |
109,511 | 80,541 | 2,597 | 2,151 | 1,918 | 22,695 | 23,815 | 22,824 | 26,420 | 377,950 | 356,547 | 299,219 | 262,918 | 204,381 | 119,835 | 148,963 | |
440/4 |
109,511 | 80,541 | 2,597 | 2,151 | 1,918 | 22,695 | 23,815 | 22,824 | 26,420 | 377,950 | 356,547 | 299,219 | 262,918 | 204,381 | 119,835 | 148,963 | |
46 |
- | - | - | - | - | - | - | - | - | - | - | 11,648 | 12,877 | 9,198 | 9,790 | 1,360 | |
45 |
37,821 | 39,943 | - | - | - | - | - | 7,546 | 6,461 | 5,628 | 11,989 | 9,578 | 9,877 | 6,367 | 18,957 | 7,980 | |
450/3 |
37,821 | 39,943 | - | - | - | - | - | 6 | - | - | - | 258 | - | 74 | 94 | 1,062 | |
454/9 |
- | - | - | - | - | - | - | 7,540 | 6,461 | 5,628 | 11,989 | 9,320 | 9,877 | 6,293 | 18,863 | 6,918 | |
47/48 |
4.2m | 4.3m | - | - | - | 1.8m | 1.7m | 1.6m | 1.6m | 1.9m | 1.4m | 1.3m | 1.1m | 768,000 | 589,814 | 130,000 | |
492/3 |
- | - | - | - | - | - | - | - | - | - | - | - | 7,933 | - | - | - | |
| Income statement | |||||||||||||||||
70/76A |
- | - | - | - | - | - | - | - | - | 1.5m | 496,805 | 1.0m | 1.2m | 938,219 | 697,684 | 187,032 | |
70 |
675,902 | 360,390 | - | - | - | 4,661 | 49,437 | 62,638 | 105,803 | 1.5m | 336,894 | 977,528 | 1.2m | 905,408 | 683,710 | 183,880 | |
76A |
- | - | - | - | - | - | - | - | - | - | - | - | 157 | - | - | - | |
9900 |
736,963 | 335,460 | -6,838 | -4,758 | -8,406 | -4,445 | 34,194 | 47,024 | 44,193 | - | - | - | - | - | - | - | |
60/66A |
- | - | - | - | - | - | - | - | - | 1.3m | 842,378 | 1.3m | 1.5m | 1.1m | 1.0m | 307,204 | |
60/61 |
133,938 | 24,931 | 6,838 | 4,758 | 8,406 | 9,776 | 15,243 | 15,779 | 61,610 | - | - | - | - | - | - | - | |
60 |
- | - | - | - | - | - | - | - | - | 1.3m | 501,659 | 786,131 | 871,150 | 609,343 | 462,391 | 110,982 | |
600/8 |
- | - | - | - | - | - | - | - | - | 1.3m | 438,658 | 754,503 | 903,976 | 608,543 | 507,895 | 128,081 | |
609 |
- | - | - | - | - | - | - | - | - | - | 63,001 | 31,628 | -32,826 | 800 | -45,504 | -17,099 | |
61 |
- | - | - | - | - | - | - | - | - | 18,179 | 229,705 | 407,785 | 480,084 | 333,517 | 360,889 | 129,552 | |
62 |
- | - | - | - | 64 | - | 29,331 | 58,094 | 57,066 | 40,965 | 102,411 | 83,200 | 87,120 | 154,994 | 188,231 | 63,242 | |
630 |
- | - | - | - | - | - | - | - | 81 | 842 | 5,523 | 6,288 | 7,458 | 7,454 | 6,478 | 792 | |
640/8 |
753 | 918 | 821 | 606 | 801 | 743 | 810 | 1,172 | 2,575 | 1,003 | 3,081 | 3,177 | 7,235 | 5,382 | 2,928 | 2,636 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | 2,186 | - | - | |
9901 |
736,210 | 334,542 | -7,659 | -5,363 | -9,270 | -5,188 | 4,053 | -12,242 | -15,529 | 181,252 | -345,573 | -264,747 | -227,625 | -172,471 | -323,233 | -120,172 | |
75/76B |
110,000 | 454 | 394 | - | 16 | - | 138 | - | - | - | 920 | 369 | 447 | 237 | 125 | 2 | |
75 |
110,000 | 454 | 394 | - | 16 | - | 138 | - | - | - | 920 | 369 | 447 | 237 | 125 | 2 | |
750 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 12 | 2 | |
751 |
- | - | - | - | - | - | - | - | - | - | - | - | 79 | - | - | - | |
752/9 |
- | - | - | - | - | - | - | - | - | - | 920 | 369 | 368 | 237 | 113 | - | |
65/66B |
202,705 | 120,020 | 96 | 88 | 18,966 | 74,129 | 71,608 | 68,269 | 69,327 | 72,558 | 60,690 | 37,431 | 26,472 | 25,021 | 13,282 | 1,306 | |
65 |
202,705 | 120,020 | 96 | 88 | 18,966 | 74,129 | 71,608 | 68,269 | 69,327 | 72,558 | 60,690 | 37,431 | 26,472 | 25,021 | 13,282 | 1,306 | |
650 |
- | - | - | - | - | - | - | - | - | 70,760 | 56,927 | 29,892 | 17,783 | 15,737 | 7,193 | 1,027 | |
652/9 |
- | - | - | - | - | - | - | - | - | 1,798 | 3,763 | 7,539 | 8,689 | 9,284 | 6,089 | 279 | |
9903 |
643,505 | 214,976 | -7,362 | -5,451 | -28,220 | -79,317 | -67,417 | -80,511 | -84,856 | 108,694 | -405,343 | -301,809 | -253,493 | -199,442 | -336,390 | -121,476 | |
67/77 |
- | - | - | - | - | - | - | - | 3 | 11 | - | - | -38 | 150 | 2 | 1 | |
670/3 |
- | - | - | - | - | - | - | - | - | 11 | - | - | - | 150 | 2 | 1 | |
77 |
- | - | - | - | - | - | - | - | - | - | - | - | 38 | - | - | - | |
9904 |
643,505 | 214,976 | -7,362 | -5,451 | -28,220 | -79,317 | -67,417 | -80,511 | -84,859 | 108,683 | -405,343 | -301,809 | -253,454 | -199,592 | -336,392 | -121,477 | |
9905 |
643,505 | 214,976 | -7,362 | -5,451 | -28,220 | -79,317 | -67,417 | -80,511 | -84,859 | 108,683 | -405,343 | -301,809 | -253,454 | -199,592 | -336,392 | -121,477 | |
| Appropriation of the result | |||||||||||||||||
9906 |
661,248 | 173,943 | -41,033 | -33,671 | -1.8m | -1.8m | -1.7m | -1.7m | -1.6m | -1.5m | -1.6m | -1.2m | -910,197 | -656,742 | -457,151 | -120,759 | |
14P |
17,743 | -41,033 | -33,671 | -28,220 | -1.8m | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | 1.8m | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
660,000 | 156,200 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
6920 |
- | 6,200 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
6921 |
660,000 | 150,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||
9087 |
- | - | - | - | - | - | 0.7 | 1 | 1 | 1 | 2 | 2 | 2 | 2.8 | 3.5 | 3 | |
Men (FTE)1003 |
- | - | - | - | - | - | - | - | - | 1 | 1 | 1 | 1 | 2.8 | - | - | |
Women (FTE)1003 |
- | - | - | - | - | - | - | - | - | - | 1 | 1 | 1 | - | - | - | |
Agency workers1501 |
- | - | - | - | - | - | - | - | - | - | - | 0.1 | - | - | 0.2 | 1 | |
Hours worked1013 |
- | - | - | - | - | - | 1,269 | 1,656 | 1,695 | 1,284 | 3,602 | 3,010 | 3,481 | 4,945 | 6,270 | 2,158 | |
| Document | |||||||||||||||||
The accounts for financial year 2010 were filed as a document without figures as data, a scan for example.
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 27-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 27-07-2026 | 2026-00344590 | |
| 31-12-2024 | abbreviated format | 22-08-2025 | 2025-00400172 | |
| 31-12-2023 | abbreviated format | 23-07-2024 | 2024-00289078 | |
| 31-12-2022 | abbreviated format | 11-08-2023 | 2023-00327572 | |
| 31-12-2021 | abbreviated format | 24-08-2022 | 2022-20317595 | |
| 31-12-2020 | abbreviated format | 12-07-2021 | 2021-34500109 | |
| 31-12-2019 | abbreviated format | 09-07-2020 | 2020-28400117 | |
| 31-12-2018 | abbreviated format | 24-06-2019 | 2019-22600024 | |
| 31-12-2017 | abbreviated format | 27-07-2018 | 2018-39600135 | |
| 31-12-2016 | full format | 18-08-2017 | 2017-44800240 | |
| 31-12-2015 | full format | 12-07-2016 | 2016-31600397 | |
| 31-12-2014 | full format | 29-06-2015 | 2015-25100569 | |
| 31-12-2013 | full format | 16-07-2014 | 2014-31600481 | |
| 31-12-2012 | full format | 09-07-2013 | 2013-28800544 | |
| 31-12-2011 | full format | 26-07-2012 | 2012-35200094 | |
| 31-12-2010 | full format | 26-08-2011 | 2011-45300197 | |
| 31-03-2010 | abbreviated format | 08-10-2010 | 2010-57400109 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | - | - | - | -15,447 | 182,093 | -340,050 | -258,459 | -220,167 | -165,017 | -316,755 | -119,380 | ||
| - | - | - | - | - | - | - | - | -84,777 | 109,525 | -399,820 | -295,521 | -245,996 | -192,138 | -329,914 | -120,685 | ||
| 49,600 | 4.7m | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 746 | 19,609 | 13,406 | ||
| 759 | -771 | 0 | -4,656 | -343 | -1,416 | 1,444 | 478 | -32,289 | 38,567 | -55,453 | -16,268 | 43,421 | -14,881 | 14,099 | - | ||
| -3.8m | -4.4m | 22,827 | 30,189 | 35,640 | -1.8m | -1.7m | -1.7m | -1.6m | -1.5m | -1.6m | -1.2m | -894,537 | -656,473 | -462,436 | -112,913 | ||
| - | 92.8% | - | - | - | - | 8.2% | -19.5% | -14.7% | 12.1% | - | -27.1% | -19.2% | -19.0% | -47.3% | -65.4% | ||
| 17.0% | 5.1% | 89.8% | 93.3% | 94.9% | - | - | - | - | -181.4% | - | -276.2% | -194.7% | -180.9% | -144.7% | -53.3% | ||
| 0.11 | 0.00 | 9.79 | 15.04 | 19.58 | 0.01 | 0.01 | 0.01 | 0.02 | 0.36 | 0.08 | 0.26 | 0.33 | 0.34 | 0.37 | 0.61 | ||
| 0.11 | 0.00 | 9.79 | 15.04 | 19.58 | 0.01 | 0.01 | 0.01 | 0.02 | 0.36 | 0.08 | 0.22 | 0.26 | 0.27 | 0.29 | 0.55 | ||
| 4.89 | 18.70 | 0.11 | 0.07 | 0.05 | - | - | - | - | - | - | - | - | - | - | - | ||
| 73.0% | 90.4% | -32.2% | -18.1% | -79.2% | - | - | - | - | - | - | - | - | - | - | - | ||
| 12.4% | 4.6% | -29.0% | -16.9% | -75.1% | -600.0% | -438.0% | -382.2% | -263.9% | 13.2% | -293.9% | -70.0% | -55.5% | -56.8% | -111.5% | -64.6% | ||
| - | - | - | - | - | - | - | - | - | 2.57 | -5.97 | -8.65 | -12.38 | -10.49 | -44.04 | -116.24 | ||
| 245 days | 0 days | - | - | - | 252 days | 17 days | 65 days | 60 days | 189 days | 94 days | 101 days | 79 days | 73 days | 58 days | 225 days | ||
| 298 days | 1179 days | 139 days | 165 days | 83 days | 847 days | 570 days | 528 days | 157 days | 108 days | 178 days | 91 days | 71 days | 79 days | 53 days | 226 days |
EBIT margin. Not meaningful: turnover is only a small part of operating income.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Financial fixed assets | €49,600 | €4.7m | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on Law Is Code
The operating result for 2025 is 120% higher than in 2024 and the highest since 2010. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 94.9% to 83.0%. Equity is higher and debt is lower.
Large changes and their cause
- 2025 Turnover +88%, Net result +199% on 2024. The accounts now follow the full format, last year the abbreviated format.
Board & ownership
Board
1 director, 1 auditor, last change in 2021Sole director, permanent representative DEROOST,Dirk
since 29-03-2021
term without a fixed end
earlier director, until 04-05-2021
also on the board of 421 other companies
listed in the 2025 annual accounts, filed on 27-07-2026
Statutory auditor, permanent representative Tim Vermeiren
appointed by deed of 30-11-2020
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “b) Algemeen (artikel 16.1.) De raad van bestuur telt minstens drie (3) bestuurders, die natuurlijke of rechtspersonen zijn. Indien en zolang…”“1. De vennootschap wordt in en buiten rechte rechtsgeldig verbonden door de enige bestuurder. 2. Binnen de grenzen van het dagelijks bestuur…”deed of 04-05-2021
Full text
1. De vennootschap wordt in en buiten rechte rechtsgeldig verbonden door de enige bestuurder. 2. Binnen de grenzen van het dagelijks bestuur wordt de vennootschap ook in en buiten rechte geldig vertegenwoordigd door de dagelijks bestuurder(s) die alleen handelen. 3. Bovendien wordt de vennootschap rechtsgeldig verbonden door bijzondere gevolmachtigden binnen de perken van de hun verleende volmacht. 4. In alle akten die de vennootschap verbinden, moet onmiddellijk voor of na de handtekening van de persoon die de vennootschap vertegenwoordigt, worden vermeld in welke hoedanigheid hij optreedt. 5. Wanneer de vennootschap zelf een mandaat opneemt van lid van een bestuursorgaan of van dagelijks bestuurder, benoemt zij een natuurlijke persoon als vaste vertegenwoordiger die wordt belast met de uitvoering van dat mandaat in naam en voor rekening van de vennootschap.
Permanent representatives 1
Mandates through the years
5 names, the dashed line is todayDe Cronos Groep
Sole director
Sole director
KPMG Bedrijfsrevisoren BV
Statutory auditor
Statutory auditor
DE WIT,Josephus
Director
Director
Xplore group
Director
Director
Ernst & Young Bedrijfsrevisoren
Statutory auditor
Statutory auditor
BoardEarliermandate already running before its first mention
Mandates as a list
- De Cronos Groep
- Sole director, from 18-04-2011 to date
- Director, until 04-05-2021
- KPMG Bedrijfsrevisoren BV
- Statutory auditor, from 29-09-2020 to date
- DE WIT,Josephus
- Director, until 04-05-2021
- Xplore group
- Director, until 04-05-2021
- Ernst & Young Bedrijfsrevisoren
- Statutory auditor, appointed by deed of 02-12-2019, until 02-12-2019
Control
Parent
Equity €541,782
Profit €39,345 in 2025 (profit €165,863 in 2024)
Checked score 90
Source: own accounts 2025
100%
This company
Law Is Code
Equity €881,308
Profit €643,505 in 2025
Further up the chainDe Cronos Groep 60%Nuclys 95.22%
Capital
- Contribution
- €62,000
- Source
- 2025 annual accounts
Owners through the years
as the annual accounts name themOwners as a list
- Law & Code
- De Cronos Groep
- Xplore group
Source: shareholder structure in its own accounts, parent in its own accounts, lists of holdings in the owners' accounts
Articles of association
deed of 04-05-2021 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 3 directors
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Wednesday of June at 20:00
Capital transactions
Capital over time
- 04-05-2021 Converted to unavailable equity
- 04-05-2021 Capital reduction of €1,820,769.02 · to €62,000 · aanzuivering geleden verliezen
Network & group
Holdings
own 2025 accountsThis companyLaw Is Code2 holdings, 1 country
2025 accounts
Belgium 2 Equity Result
- BE AGILE INCUBATION COMPANY NV55% €1.9m result €170,917
- BE Cronos Legal NV80% €706,515 result €465,752
Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.
Part of the group Nuclys Group, risk and exposureParent
Law & Code
Checked score 900733.946.837 · 100% of the shares · equity €541,782 · profit €39,345 (2025)
Holdings and subsidiaries
2 holdings · 3 subsidiaries, including indirect onesHoldings 2
Share, source and own figures per holding (2)
Source for every holding own accounts 2025
- Cronos LegalsubsidiaryEquity €706,515 Profit of €465,752 in 2025 (profit of €422,563 in 2024) Checked score 8980%
- AGILE INCUBATION COMPANYsubsidiaryEquity €1.9m Profit of €170,917 in 2025 (profit of €265,505 in 2024) Checked score 9455%
All subsidiaries, including indirect ones 3
Law Is Code or one of its subsidiaries holds more than half of the shares of these companies. A company it consolidates per the LEI register is listed too.
Cronos Legal 80%1 subsidiary
- DEJURISTEN 100%
- AGILE INCUBATION COMPANY 55%
Holdings through the years 2024 to 2025
| Name | 2024 | 2025 |
|---|---|---|
| Cronos Legal | 80% | |
| AGILE INCUBATION COMPANY | 55% | |
Source: list of holdings in its own accounts
Connections & network
1 current directorThe network starts from the directors of Law Is Code. Every other company they run is a node.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Timeline
31 events since 2008Board
Capital
Filings
Financial
Establishments
Address
2008201020122014201620182020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBfull format · 4 days before the deadline
2025
Highest result from 2010 to 2025 net €643,505 ▲199% The operating result of €736,210 and the net result of €643,505 are both a record.
Equity above €500,000 equity €881,308 ▲271% After 2 profitable years in a row, equity reaches €881,308.
Annual accounts 2024 filed PDFabbreviated format · 22 days late
2024
Back to profit net €214,976 The net result is €214,976, after 7 loss-making years.
Equity above €200,000 equity €237,803 ▲942% Equity rises from €22,827 to €237,803.
Company renamed from Upsell to Law Is CodeRegistered office moved within Kontich · New registered office: Veldkant 33 bus A, 2550 Kontich · Previous registered office: Veldkant 39, 2550 Kontich · General meeting of 27-09-20243 points ▸
- General meeting, 27-09-2024
- Name change, Law Is Code
- Registered-office move, Veldkant 33 bus A, 2550 Kontich
Annual accounts 2023 filed PDFabbreviated format · 8 days before the deadline
2023
Reappointment: KPMG Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Dirk Deroost · General meeting of 21-06-20233 points ▸
- General meeting, 21-06-2023
- Auditor reappointment, KPMG Bedrijfsrevisoren BV (statutory auditor)
- Permanent representative, Dirk Deroost (director)
- The deed holds 1 more point.
Annual accounts 2022 filed PDFabbreviated format · 11 days late
2022
Annual accounts 2021 filed PDFabbreviated format · 24 days late
2021
Liquidity more than 2686 times current ratio 19.58 The current ratio rises from 0.01 to 19.58. Short-term debt falls from €1.8m to €1,918.
Annual accounts 2020 filed PDFabbreviated format · 19 days before the deadline
Capital decrease of €1,820,769.02 to €62,000Capital from €1,882,769.02 to €62,000 · Contribution of €1,864,169.02 · Change of role: De Cronos Groep, from director to sole director · General meeting of 29-03-202115 points ▸
- General meeting, 29-03-2021
- Power of attorney, BEERNAERT, Steven
- Capital, €62,000, 6,200 shares
- Legal-form conversion, to private limited company
- Capital contribution, €1,864,169.02
- Legal-form conversion, from private limited company to public limited company
- Capital, €1,882,769.02
- Accounting effect, 31-12-2020
- Director resignation, De Cronos Groep
- Director resignation, DE WIT, Josephus
- Director resignation, Xplore Group
- Permanent representative, DEROOST, Dirk, mentioned twice in the deed
- Permanent representative, CLAES, Paul
- Director appointment, De Cronos Groep (sole director)
- Capital decrease, €1,820,769.02
- The deed holds 11 more points.
2020
New statutory auditorKPMG Bedrijfsrevisoren CVBA appointed, EY bedrijfsrevisoren BV resigned · Permanent representatives: Tim Vermeiren and Dirk Deroost · Director discharge: EY bedrijfsrevisoren BV (statutory auditor) · General meeting of 29-09-20206 points ▸
- General meeting, 29-09-2020
- Auditor resignation, EY bedrijfsrevisoren BV (statutory auditor)
- Director discharge, EY bedrijfsrevisoren BV (statutory auditor)
- Auditor appointment, KPMG Bedrijfsrevisoren CVBA (statutory auditor)
- Permanent representative, Tim Vermeiren
- Permanent representative, Dirk Deroost
Annual accounts 2019 filed PDFabbreviated format · 22 days before the deadline
2019
Reappointment: ERNST & YOUNG BEDRIJFSREVISOREN (statutory auditor)Permanent representative: Dirk Deroost · General meeting of 19-06-20193 points ▸
- General meeting, 19-06-2019
- Auditor reappointment, ERNST & YOUNG BEDRIJFSREVISOREN (statutory auditor)
- Permanent representative, Dirk Deroost
Annual accounts 2018 filed PDFabbreviated format · 37 days before the deadline
2018
Annual accounts 2017 filed PDFabbreviated format · 4 days before the deadline
2017
Annual accounts 2016 filed PDFfull format · 18 days late
2016
Back to profit net €108,683 The net result is €108,683, after 6 loss-making years.
Annual accounts 2015 filed PDFfull format · 19 days before the deadline
2015
Weakest financial year net -€405,343 The net result drops to -€405,343, the lowest from 2010 to 2025. It recovers the following year.
Annual accounts 2014 filed PDFfull format · 32 days before the deadline
2014
Annual accounts 2013 filed PDFfull format · 15 days before the deadline
2013
Annual accounts 2012 filed PDFfull format · 22 days before the deadline
2012
Annual accounts 2011 filed PDFfull format · 5 days before the deadline
2011
Annual accounts 2010 filed PDFfull format · 26 days late
2010
Annual accounts 2010 filed PDFabbreviated format · 23 days before the deadline
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0806.311.906
- VAT number
- BE 0806.311.906
- Peppol ID
- 0208:0806311906
- Other Peppol ID
- 9925:BE0806311906
- Legal form
- Public limited company
- Status
- Active, normal situation
- Founded
- 11-09-2008
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Wednesday of June at 20:00deed of 04-05-2021 (in Dutch)
- Peppol
- Reachable via PeppolFollow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Law Is Code in Dutch
- Former name
- Upsell until the deed of 07-10-2024
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 04-05-2021 (in Dutch)
Activities
NACEBEL 202573300
Public relations and communication consultancy main activity
Codes under NACEBEL 2008
70210
Activities of head offices; management consultancy activities main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het verstrekken van juridisch advies en advies op vlak van bedrijfsbeheer, juridische dienstverlening en informatietechnologie, alsmede het…”deed of 07-10-2024 (in Dutch)
14 activities
- Het verstrekken van juridisch advies en advies op vlak van bedrijfsbeheer, juridische dienstverlening en informatietechnologie, alsmede het verlenen van elke mogelijke vorm van bijstand op dit domein.
- Het rechtstreeks of onrechtstreeks participeren, onder welke vorm dan ook, in bestaande of nog op te richten Belgische of buitenlandse vennootschappen, verenigingen of andere entiteiten of personen met of zonder rechtspersoonlijkheid, voor eigen rekening of voor rekening van derden, alsook het waarnemen van het beheer, het bestuur, de controle en de ontwikkeling van deze participaties.
- De vennootschap zal met name belangen mogen nemen door middel van inbreng, opslorping, fusie, deelneming of op elke andere wijze in vennootschappen, verenigingen of andere entiteiten of personen met of zonder rechtspersoonlijkheid.
- De vennootschap zal haar fondsen kunnen aanwenden om een portefeuille, die onder meer kan bestaan uit alle al dan niet verhandelbare waardepapieren, aandelen, obligaties, staatsfondsen en alle roerende goederen en rechten, te vormen, te beheren, te valoriseren en/of te vereffenen.
- Dit houdt onder meer in dat zij kan overgaan tot het aankopen, onderschrijven, beheren, verkopen, omruilen voor eigen rekening van waardepapieren en effecten allerlei van vennootschappen, verenigingen of andere entiteiten of personen met of zonder rechtspersoonlijkheid.
- De vennootschap kan deelnemen in de oprichting van vennootschappen en verenigingen of andere entiteiten of personen met of zonder rechtspersoonlijkheid en de ontwikkeling ervan plannen en coördineren.
- Het beheren van vennootschappen, verenigingen of andere entiteiten of personen met of zonder rechtspersoonlijkheid, wat ook hun voorwerp moge zijn, onder meer door het waarnemen van het mandaat van bestuurder, vereffenaar of enige andere functie; door het deelnemen in de organisatie, herstructurering of leiding; door het verwerven, beheren of valoriseren van octrooien, merken en licenties of andere intellectuele rechten.
- Het verlenen van diensten of prestaties op technisch, commercieel, juridisch en financieel gebied; onder meer het verstrekken van advies inzake bedrijfsbeheer, management en in het algemeen consultancy, dit alles in de breedste zin.
- Selectie en werving.
- Het op productieve wijze verwerven, beheren, verkopen van roerende en onroerende, materiële of immateriële goederen, zonder dat de vennootschap hierbij aan vermogensbeheer of beleggingsadvies doet en wat de verrichtingen met onroerende goederen betreft met uitsluiting van de handelingen van vastgoedhandelaar.
- Het bemiddelen, in opdracht van derden, van overeenkomsten of diensten; het aanbrengen van zaken, cliënten, financiers of anderen in de breedste zin.
- Hieronder kunnen worden begrepen alle transacties of handelingen die kaderen in een commissie-, agentuur-, distributie-, concessie- of lastgevingovereenkomst of enige andere overeenkomst waarbij de vennootschap als tussenpersoon, aanbrenger of distributeur optreedt.
- Het verstrekken van leningen en kredieten in de breedste zin aan vennootschappen, verenigingen of andere entiteiten of personen met of zonder rechtspersoonlijkheid en aan particulieren, alsook het stellen van alle commerciële en financiële verrichtingen, met uitzondering van die transacties die wettelijk zijn voorbehouden aan banken en andere financiële instellingen; het stellen van persoonlijke en zakelijke zekerheden ten behoeve van derden, steeds rekening houdende met de bepalingen van het vennootschapsrecht.
- Het verlenen van diensten rond opleidingen alsook de organisatie van conferenties, seminaries, opleidingen in de meest ruime zin van het woord, dit zowel voor eigen rekening als voor rekening van derden; bijkomend tevens het verzorgen, verstrekken en organiseren van lessen en opleidingen in alle mogelijke vakgebieden aan personeel en derden, dit zowel voor privépersonen, voor ondernemingen, voor scholen, voor overheidsinstellingen als voor parastatalen en meer algemeen, coaching ten behoeve van derden, particulieren en ondernemingen in de meest ruime zin van het woord.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Law Is Code NV registered office Veldkant 33, 2550 Kontich 7330001 Public relations and communication consultancy | 11-09-2008 | 2.173.863.634 |