Libellus
ActiveSummary
Libellus has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28,279 and a net result of €24,112. Its solvency ranks better than 53% of 15,759 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 06-01-2025 Normal situation
- Activity
- Other legal services NACE 69109and 4 others
- Establishment unit
- 2.368.661.212 2920 Kalmthout, since 06-01-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 27-01-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €33,879
- Turnover
- ≈ €94,000
- estimated
- Profit
- €24,112
- Equity
- €28,279
- Total assets
- €47,515
Score breakdownraises riskFounded in 2025lowers riskSector: Legal and accounting activities (NACE 69)Liquidity: current ratio 2.47, cash €38,876Figures for financial year 2025 (filed on 03-06-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 69, micro). It does better than 56% of them on solvency, 71% on liquidity and 82% on profitability.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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Signals
Searched, nothing found (1)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 03-06-2026 at the NBB
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Comparable companies
These companies have the same main activity as Libellus: other legal services (NACE 69109). They are comparable in size and age: total assets between €40,900 and €52,000, founded between 2024 and 2025.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| Libellus Kalmthout | 2025 | €47,515 | €28,279 | €33,879 | €24,112 | 2025 |
| GMGT Chastre | 2025 | €48,120 | €30,857 | €36,602 | €26,690 | 2025 |
| Lokaal Bestuur en Recht Koksijde | 2025 | €42,408 | €30,179 | €36,416 | €25,179 | 2025 |
| Nitsuki Leuven | 2024 | €46,757 | €31,497 | €36,664 | €27,330 | 2025 |
| PRAGMALEX Hasselt | 2025 | €40,856 | €25,181 | €35,479 | €25,014 | 2025 |
| RLGLAW Etterbeek | 2024 | €49,473 | €31,509 | €38,795 | €28,509 | 2025 |
| J.L.R.B. Consult Sint-Gillis-Waas | 2024 | €52,043 | €36,820 | €30,039 | €23,410 | 2025 |
They were chosen from the 1,257 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 11,279 companies had the same profile as Libellus has now. Two years later, 0.7% had gone bankrupt and 96.6% were still going.
- Micro
- under 2 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of Libellus itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 11,279 companies, not a prediction for Libellus. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2025 |
|---|---|
| Gross operating margin9900 | €33,879 |
| Operating profit (loss)9901 | €33,879 |
| Financial charges65/66B | €30 |
| Recurring financial charges65 | €30 |
| Profit (loss) for the period before taxes9903 | €33,849 |
| Income taxes67/77 | €9,737 |
| Profit (loss) for the period9904 | €24,112 |
| Profit (loss) for the period to be appropriated9905 | €24,112 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €47,515 | |
| Current assets29/58 | €47,515 | |
| Amounts receivable within one year40/41 | €8,639 | |
| Trade receivables40 | €8,639 | |
| Cash at bank and in hand54/58 | €38,876 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €47,515 | |
| Equity10/15 | €28,279 | |
| Contributions10/11 | €5,000 | |
| Reserves13 | €23,279 | |
| Distributable reserves133 | €23,279 | |
| Amounts payable17/49 | €19,236 | |
| Amounts payable within one year42/48 | €19,236 | |
| Trade debts44 | €715 | |
| Suppliers440/4 | €715 | |
| Taxes, remuneration and social security45 | €14,558 | |
| Taxes450/3 | €14,558 | |
| Other amounts payable47/48 | €3,963 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €24,112 |
| Operating cash flow (approximation) | €24,112 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 03-06-2026 | 2026-00145741 | NBB |
Board & ownership
Directors
Owners and capital
Shareholders
- WILLEMEN Helene 100 shares (100%) · €5,000 in cash
Capital transactions
- 08-01-2025 Incorporation · €5,000 · 100 shares
Articles of association
Capital, shares and profit
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Verzet tegen weigering overdracht onder levenden voor voorzitter ondernemingsrechtbank als in kortgeding, bij willekeurige weigering geldt…”
Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Ontbinding om welke reden en op welk ogenblik ook, één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen”
Articles of association, deed of 08-01-2025 (in Dutch)
Network & group
Libellus shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of Libellus. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
08-01
Gazette deed
IncorporationStarting capital €5,000 · Appointment: WILLEMEN Helene (director) · Founder12 points ▸
- Founder, WILLEMEN Helene
- Other provision, “identiteitsverificatie, opzoekingen in het rijksregister” (deed in Dutch)
- Other provision, “bekwaamheid” (deed in Dutch)
- Incorporation, “Libellus” (deed in Dutch)
- Founding capital, €5,000
- Other provision, “financieel plan en oprichtersaansprakelijkheid, verantwoording bedrag aanvangsvermogen” (deed in Dutch)
- Capital
- Registered office clause, “2920 Kalmthout,Duinzichtlei 2, slechts uitwerking vanaf neerlegging ter griffie van uitgifte overeenkomstig wet” (deed in Dutch)
- Board rule, 1, “vergadering” (deed in Dutch)
- Director appointment, WILLEMEN Helene (director)
- Other provision, “afwezigheid bestuursverbod, geen strafrechtelijk of burgerrechtelijk bestuursverbod tot uitbating onderneming of functie bestuurder,commissaris,zaakvoerder pers…” (deed in Dutch)
- Pre-incorporation commitments, “takeover, alle verbintenissen,verplichtingen en activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 202512 activities
- Het verlenen van diensten en geven van adviezen, voornamelijk, maar niet uitsluitend op juridisch vlak; dit alles in de meest ruime betekenis en aan zowel particulieren als bedrijven.
- Het verlenen van juridische en fiscale ondersteuning, administratie, consultancy- en managementactiviteiten aan particulieren en ondernemingen in de brede zin van het woord.
- Het voeren van administraties van derden.
- Het organiseren en geven van voordrachten, seminaries, opleidingen, beurzen, congressen, events;
- Het beheer van haar roerend en onroerend vermogen. De vennootschap zal in de vorm van beleggingen alle roerende en onroerende goederen kunnen verwerven, vervreemden, huren en verhuren, met persoonlijke en zakelijke rechten bezwaren.
- Alle verrichtingen doen van onroerende aard in de meest ruime zin, zo onder meer het oprichten of laten oprichten van gebouwen, het verwerven, beheren, exploiteren, huren en verhuren, vervreemden van onroerende zaken en/of zakelijke rechten, waaronder vruchtgebruik, op onroerende goederen, het coördineren van bouw- en verbouwingswerken, hetzij voor eigen rekening hetzij voor rekening van derden.
- Bemiddeling in en beheer van onroerende goederen voor rekening van derden;
- Het uitvoeren van studies, schattingen, geven van advies voor onroerend goed;
- Het bemiddelen, in opdracht van derden, van overeenkomsten of diensten.
- Het uitvoeren van of deelnemen aan het bestuur, de organisatie, herstructurering of leiding, door het geven van adviezen op technisch, commercieel, juridisch en financieel gebied, door het verstrekken van advies inzake bedrijfsbeheer en in het algemeen consultancy; dit alles is de breedste zin, zodat alles gedaan kan worden dat het ontstaan, de uitbating de groei en het welzijn van een onderneming en de belangen van haar eigenaars en betrokkenen ten goede kan komen;
- Het toestaan van leningen, kredieten of enige andere vorm van financiering , in de breedst mogelijke zin van het woord en onder welke vorm ook, en het stellen van persoonlijke en zakelijke zekerheden aan al dan niet verbonden vennootschappen, verenigingen of andere entiteiten of personen met of zonder rechtspersoonlijkheid zowel in België als in het buitenland, met uitzondering van die transacties die wettelijk zijn voorbehouden aan banken en andere financiële instellingen.
- Het deelnemen in en het financieren van andere ondernemingen van welke aard ook, het instaan voor schulden van derden, het beleggen van vermogen voor eigen rekening, zomede al hetgeen met het vorenstaande verband houdt of daartoe bevorderlijk kan zijn.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11022G0865/00T003 | Flanders | 1,429 m² | 1 · 218 m² | 11.7 m · 1 |