LEGALESE

Active

Private limited companyfounded 20214 yrs activeHermanstraat 37, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0778.905.644

LEGALESE has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3k and a net result of €87k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 6% of 15368 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

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Checked score

Score 2024

65 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100=

Solvency28▲+2

Growth58=

Track record94

Bankruptcy probability, 12 months

0.6% Low

0%0.5%1.5%4%10%≥ 25%

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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 →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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 2024

Solvency, return and age of the figures

Solvency

2.6%

Return on assets

80.8%

Age of the figures

21 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 15368 sector peers (2024).

NBB · sector comparison

Position among 15368 sector peers

Solvency

better than 6%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

not confirmed

2024

38 d early

2023

33 d early

2022

32 d early

2021

on the day

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€3k▲ 35.1%

2023 · €2k

2021: €55k 2022: €133k 2023: €2k

2021 → 2024

Total assets

€108k▼ 59.2%

2023 · €264k

2021: €76k 2022: €182k 2023: €264k

2021 → 2024

Net result

€87k▼ 1.5%

2023 · €88k

2021: €55k 2022: €77k 2023: €88k

2021 → 2024

Working capital

€-15k▲ 1.1%

2023 · €-15k

2021: €55k 2022: €132k 2023: €-15k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Equity€55k-€133k▲ 140%€2k▼ 98.4%€3k▲ 35.1%

Operating result€73k-€100k▲ 36.8%€111k▲ 11.8%€110k▼ 0.9%

Net result€55k-€77k▲ 41.8%€88k▲ 14.0%€87k▼ 1.5%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 1% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €108k

16.3%

83.7%

Fixed assets €18k▲ 3.3%

Current assets €90k▼ 63.5%

Equity and liabilities €108k

97.4%

Equity €3k▲ 35.1%

Debt €105k▼ 59.9%

The debt ratio falls from 99.2% to 97.4%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€112k▲

2023 · €112k

Cash flow

€89k=

2023 · €89k

Solvency

2.6%▲

2023 · 0.8%

Current ratio

0.86▼

2023 · 0.94

Quick ratio

0.86▼

2023 · 0.94

Debt / equity

37.50

ROA

80.8%▲

2023 · 33.5%

Interest coverage

294.08▼

2023 · 675.03

Debt

€105k▼

2023 · €262k

Debt ≤ 1 year

€105k▼

2023 · €262k

Income taxes

€24k▲

2023 · €24k

A ratio outside any meaningful range has been withheld (balance sheet total €108k, equity €3k).

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€264k€108k▼

Fixed assets21/28€17k€18k▲

Tangible fixed assets22/27€17k€17k▲

Furniture and vehicles24€17k€17k▲

Financial fixed assets28-€500

Current assets29/58€247k€90k▼

Amounts receivable after more than one year29€161k-

Other amounts receivable291€161k-

Amounts receivable within one year40/41€11k€1k▼

Trade receivables40€298€463▲

Other amounts receivable41€11k€638▼

Current investments50/53€74k-

Cash at bank and in hand54/58-€89k

Deferred charges and accrued income490/1-€305

Equity and liabilities

Total equity and liabilities10/49€264k€108k▼

Equity10/15€2k€3k▲

Contributions10/11€2k€2k=

Reserves13€568€1k▲

Distributable reserves133€568€1k▲

Amounts payable17/49€262k€105k▼

Amounts payable within one year42/48€262k€105k▼

Trade debts44€22k-

Suppliers440/4€22k-

Taxes, remuneration and social security45€18k€14k▼

Taxes450/3€15k€14k▼

Remuneration and social security454/9€2k-

Other amounts payable47/48€221k€91k▼

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€660€2k▲

Other operating charges640/8€384€387▲

Gross operating margin9900€112k€113k▲

Operating profit (loss)9901€111k€110k▼

Financial income75/76B€878€1k▲

Recurring financial income75€878€1k▲

Financial charges65/66B€166€382▲

Recurring financial charges65€166€382▲

Profit (loss) for the period before taxes9903€112k€111k▼

Income taxes67/77€24k€24k▲

Profit (loss) for the period9904€88k€87k▼

Profit (loss) for the period to be appropriated9905€88k€87k▼

Appropriation of the result

Profit (loss) to be appropriated9906€89k€87k▼

Profit (loss) brought forward from the previous period14P€323-

Transfer from equity791/2€219k-

Transfer to equity691/2€89k€726▼

To other reserves6921€89k€726▼

Profit to be distributed694/7€219k€86k▼

Return on contributions (dividend)694€219k€86k▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 6Financial 2Filings 4

2025

23-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

28-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Highest result since 2021net €88k ▲14%

Operating result €111k, net result €88k, both a record.

29-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Equity above €100kEq €133k ▲140%

2 profitable years in a row build equity to €133k.

31-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 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, Schaarbeek · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Hermanstraat 371030 Schaarbeek

Ground area

137 m²

Building footprint

80 m²

Volume, LiDAR

924 m³

Parcel 21906D0267/00G006, Brussels · tallest building 15.6 m, ±4 floors. Linked by address, not a title deed.

1 establishment unit

LEGALESE

Hermanstraat 37, 1030 SchaarbeekActivities of lawyers

since 20212.325.450.284

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21906D0267/00G006	Brussels	137 m²	1 · 80 m²	15.6 m · 4 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

AA AVOCAT

BE 1014.915.453

Braine-l'Alleud · Eq €3k

Nicolas Carpentier avocat

BE 0799.157.858

Ukkel · Eq €3k

Of 22,054 companies in sector 69101 we hold annual accounts for 9,053. 2,044 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded21-12-2021

Fiscal year end31-12

Activities, NACEBEL

69101Activities of lawyers

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.