LAWDO
ActiveThe computed 12-month bankruptcy probability of LAWDO is 2.9% (moderate). The 2024 annual accounts show negative equity (€-23k) and a net result of €-48k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 26049 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
20
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-12
Solvency4▼-51
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.81 against 1.4 in 2023; short-term debt: 95.1% and cash: 20.8% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
-21.4%
Return on assets
-45.6%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-23k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-07-2025, 2 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
2 d early
2023
11 d early
2022
5 d early
2021
1 d early
2020
30 d late
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-23k
2023 · €26k
2018: €16k
2019: €10k
2020: €-14k
2021: €27k
2022: €30k
2023: €26k
2018 → 2024
Total assets
€106k▲ 24.2%
2023 · €85k
2018: €63k
2019: €72k
2020: €74k
2021: €83k
2022: €92k
2023: €85k
2018 → 2024
Net result
€-48k▼ 936%
2023 · €-5k
2018: €-7k
2019: €-6k
2020: €-24k
2021: €40k
2022: €5k
2023: €-5k
2018 → 2024
Working capital
€-19k
2023 · €20k
2018: €5k
2019: €-3k
2020: €-28k
2021: €12k
2022: €22k
2023: €20k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-14k-€27k€30k▲ 14.0%€26k▼ 15.4%€-23k
Operating result€-24k-€42k€7k▼ 83.3%€-5k€-45k▼ 804%
Net result€-24k-€40k€5k▼ 88.8%€-5k€-48k▼ 936%
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 €45k in 2024 against €5k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €106k
Fixed assets
€24k▲ 74.6%
Current assets
€82k▲ 14.4%
Key figures and ratios
EBITDA
€-41k▼
2023 · €-977
Cash flow
€-44k▼
2023 · €-648
Solvency
-21.4%▼
2023 · 30.1%
Current ratio
0.81▼
2023 · 1.40
Quick ratio
0.28▼
2023 · 0.66
Debt / equity
-5.67▼
2023 · 2.32
ROA
-45.6%▼
2023 · -5.5%
Interest coverage
-12.55▼
2023 · -0.53
Debt
€129k▲
2023 · €60k
Debt ≤ 1 year
€101k▲
2023 · €51k
Debt > 1 year
€28k▲
2023 · €7k
Staff costs
€80k▲
2023 · €35k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€85k€106k▲
Fixed assets21/28€14k€24k▲
Intangible fixed assets21€3k€2k▼
Tangible fixed assets22/27€11k€9k▼
Furniture and vehicles24€827€1k▲
Other tangible fixed assets26€11k€8k▼
Financial fixed assets28-€14k
Current assets29/58€71k€82k▲
Stocks and contracts in progress3€38k€53k▲
Stocks30/36€38k€53k▲
Amounts receivable within one year40/41€5k€70▼
Trade receivables40€5k€70▼
Cash at bank and in hand54/58€25k€22k▼
Deferred charges and accrued income490/1€4k€7k▲
Equity and liabilities
Total equity and liabilities10/49€85k€106k▲
Equity10/15€26k€-23k▼
Contributions10/11€26k€26k=
Profit (loss) carried forward14€170€-48k▼
Amounts payable17/49€60k€129k▲
Amounts payable after more than one year17€7k€28k▲
Other amounts payable178/9€7k€28k▲
Amounts payable within one year42/48€51k€101k▲
Current portion of amounts payable after more than one year42€2k€7k▲
Trade debts44€16k€43k▲
Suppliers440/4€16k€43k▲
Taxes, remuneration and social security45€15k€18k▲
Taxes450/3€9k€6k▼
Remuneration and social security454/9€5k€12k▲
Other amounts payable47/48€17k€33k▲
Accrued charges and deferred income492/3€2k-
Income statement
Code20232024
Remuneration, social security and pensions62€35k€80k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€170€724▲
Non-recurring operating charges66A€85-
Gross operating margin9900€34k€40k▲
Operating profit (loss)9901€-5k€-45k▼
Financial income75/76B€2k€78▼
Recurring financial income75€2k€78▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€-5k€-48k▼
Profit (loss) for the period9904€-5k€-48k▼
Profit (loss) for the period to be appropriated9905€-5k€-48k▼
Appropriation of the result
Profit (loss) to be appropriated9906€170€-48k▼
Profit (loss) brought forward from the previous period14P€5k€170▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-48k
Net result drops to €-48k, the lowest in the series.
20-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €40k
Net result €40k after 3 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Brussel · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Magdalenasteenweg 311000 BrusselGround area
164 m²
Building footprint
155 m²
Volume, LiDAR
2,474 m³
Parcel 21004A0965/00R000, Brussels · tallest building 20.7 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Magdalenasteenweg 31, 1000 Brussel
since 20172.266.935.134
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21004A0965/00R000 | Brussels | 164 m² | 1 · 155 m² | 20.7 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrussel2.266.935.134
Similar companies · same sector, comparable size
Cruzin
BE 0847.402.688
Herent · Eq €26k
IBZE
BE 0804.425.948
Hasselt · Eq €26k
Huis Ariane
BE 0808.906.160
Tongeren-Borgloon · Eq €26k
SMETS CONCEPT STORE BRUSSELS
BE 0806.499.372
Schaarbeek · Eq €26k
First for You
BE 0744.471.139
Oudenaarde · Eq €25k
Of 2,212 companies in sector 47711 we hold annual accounts for 890. 647 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-07-2017
Fiscal year end31-12
Activities, NACEBEL
47711Retail sale of women's outerwear
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47712Retail trade
47714Retail trade
47715Retail trade
82300Organisation of conventions and trade shows
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.