Turnover
€675,902 ▲ 87.5%
Turnover rose in 2025: different schema filed.
Law Is Code
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.
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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
- €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. Click a figure with a dotted line for the item and the filing.
Key facts about Law Is Code
- What is the company number of Law Is Code?
- The company number of Law Is Code is 0806.311.906. The VAT number is the same number with BE in front: BE 0806.311.906.
- Where is Law Is Code based?
- The registered office is at Veldkant 33, 2550 Kontich.Company details
- What does Law Is Code do?
- According to the KBO register, the main activity is public relations and communication consultancy (NACE 73300).
- What is the legal form of Law Is Code?
- Law Is Code is a public limited company (NV).
- When was Law Is Code founded?
- Law Is Code was founded on 11-09-2008.
- Is Law Is Code still active?
- Yes, Law Is Code is an active enterprise in the KBO register.
- How many employees does Law Is Code have?
- Law Is Code had an average of 0.7 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
- What is the turnover of Law Is Code?
- The turnover of Law Is Code was €675,902 in financial year 2025, according to the filed annual accounts.
- Is Law Is Code profitable?
- In financial year 2025, Law Is Code made a profit of €643,505.
- Where can I find the annual accounts of Law Is Code?
- Law Is Code filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Law Is Code due?
- Law Is Code must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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