Equity
€179,328 from €379,328 in 2023
Equity fell by 53% in 2 years.
MA-LAW
Lifetime
6 annual accounts with figures on one time axispeak €207,097 (2025)
€207,097▲ 32.3%
peak €149,514 (2025)
€149,514▲ 31.1%
peak €379,328 (2023)
€179,328unchanged
€188,533▲ 83.7%
Board1 name since 2019
1 directorMALLEGO Anthony Guy Leon
Documentsfilings and deeds
01-07-202630 days before the deadline
2025micro format
Gross margin from €156,577 to €207,097Result from €114,007 to €149,514Dividend €149,514Debts from €102,629 to €188,533Cash from €164,187 to €230,139
Key points
from the 2025 annual accountsTurnover
≈ €360,000 estimated
The micro format states no turnover.
Debts
€188,533 ▲ 83.7%
Debts rose by €85,905 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Liquidity
1.91 was 3.52 in 2024
Short-term debts rose from €77,590 to €188,482.
Filings
6 annual accounts since 2020
The last five annual accounts were filed 13 to 30 days before the end of the period.
Position in the sector
€149,514
Higher net result than 89% of companies in legal and accounting. Sector median €37,394 · 15,826 companies.
Checked score
95
Excellent
Financially stronger than 56% of micro companies in legal and accounting (NACE 69)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: < 0.1% across 20,107 companies (NACE 69, micro).
Fewer than 1 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 01-2025
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: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026highest value
10-2026: < 0.1%● unchanged vs 09-2026highest value
11-2026: < 0.1%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
lowers risk
Sector: Legal and accounting activities (NACE 69)
Liquidity: current ratio 1.91, cash €230,139
Size: total assets €367,862
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 45% of them on solvency, 63% on liquidity, 82% on profitability and 35% on growth.
The bankruptcy probability was computed on 08-11-2026 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).
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as MA-LAW has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of MA-LAW itself is lower: < 0.1% within 12 months. It rests on far more data about MA-LAW than the profile alone.
Test of the method
The method was tested on the 497,447 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 26,972 companies, not a prediction for MA-LAW. 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.
Credit verdict
Credit of up to €17,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.91 (3.52 in 2024), above the usual 1.5. Short-term debt is 51.2% and cash 62.6% of total assets. However, 51.3% 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
Five signals.
lowers riskraises riskneutral
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 01-07-2026, 30 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
30 days early
2024
20 days early
2023
13 days early
2022
28 days early
2021
16 days early
2020
31 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 23 days before the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% 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 July (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
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved within Aalst
New registered office: Immerzeeldreef 111, 9300 Aalst · Previous registered office: Parklaan 47/12, 9300 Aalst · Board meeting of 12-08-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0736772606
Registered office moved within Aalst
New registered office: Parklaan 47 bus 12 9300 Aalst · Previous registered office: Parklaan 47 bus 1 9300 Aalst · General meeting of 24-01-2022 · Gazette deed
Incorporation
Founding capital of €10,000, 100 shares · Founder: MALLEGO Anthony Guy Leon · Appointment: MALLEGO Anthony Guy Leon (director) · published on 29-10-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MA-LAW Aalst | €367,862 | €207,097 | 48.7% | - |
| AD FREM Temse | €376,462 | €230,951 | 27.8% | - |
| Liesbeth Franck Erpe-Mere | €428,538 | €218,925 | 66.6% | - |
| Advocatenkantoor Karo De Jonge Brakel | €377,550 | €178,590 | 58.7% | - |
| Advocatenkantoor Nathalie De Jonghe Ghent | €441,409 | €194,480 | 39.0% | - |
| CITALEX Namur | €363,333 | €212,225 | 40.8% | - |
| BKLZ Ham-sur-Heure-Nalinnes | €362,629 | €212,454 | 6.7% | - |
These companies have the same main activity as MA-LAW: activities of lawyers (NACE 69101). They are comparable in size and age: total assets between €363,000 and €441,000, founded between 2019 and 2020.
Official details
Source: KBO- Status
- Active since 25-10-2019Normal situation
- Activity
- Activities of lawyersNACE 69101
- Establishment unit
- 2.295.184.9979300 Aalst, since 25-10-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 11-12-2025
Annual accounts 2025
- €367,862▲ 30.5%
- Filing
- Filed on 01-07-2026, 30 days before the end of the filing period
Insights on MA-LAW
MA-LAW files the micro format. That format states no turnover. The gross margin rose from €153,159 in 2020 to €207,097 in 2025.
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 MA-LAW
- What is the company number of MA-LAW?
- The company number of MA-LAW is 0736.772.606. The VAT number is the same number with BE in front: BE 0736.772.606.
- Where is MA-LAW based?
- The registered office is at Immerzeeldreef 111, 9300 Aalst.Company details
- What does MA-LAW do?
- According to the KBO register, the main activity is activities of lawyers (NACE 69101).
- What is the legal form of MA-LAW?
- MA-LAW is a private limited company (BV).
- When was MA-LAW founded?
- MA-LAW was founded on 25-10-2019.
- Is MA-LAW still active?
- Yes, MA-LAW is an active enterprise in the KBO register.
- What is the turnover of MA-LAW?
- The turnover in financial year 2025 is ≈ €360,000. This figure is estimated from the gross margin of €207,097 and 38 comparable companies (NACE 691). It probably lies between €290,000 and €540,000.Financials
- Is MA-LAW profitable?
- In financial year 2025, MA-LAW made a profit of €149,514.
- Where can I find the annual accounts of MA-LAW?
- MA-LAW filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MA-LAW due?
- MA-LAW must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.