Financials
- Financial year
- 2025
- Total assets
- €98,591
- Loss
- -€42,186
- Solvency
- -11.2%
Total assets▼ 27.1%
Net result
20212025
Massart Law
ActiveSummary
Massart Law has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€11,031) and a net result of -€42,186. Equity is shrinking by about 28% per year across the filed financial years. Its solvency ranks better than 5% of 4,113 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Activity
Activities of lawyers
NACE 69101
1 site
Size
€98,591total assets 2025
- Equity
- -€11,031
- Loss
- -€42,186
Turnover not published (abbreviated or micro format)
Structure
2025 accounts filed 27 days late1 of 2 deeds summarised
Why 52raises riskCapped at 59: negative equity1 change of registered office in 24 monthsNegative equity -€11,031lowers riskSector: Legal and accounting activities (NACE 69)Liquidity: current ratio 0.90, cash €36,633Show the evidence
Checked score
Score 2025
52
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 6% of its sector peers (NACE 69, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency
14-34
equity -11.2% of total assets
Liquidity
46+32
short-term debt 110.7% · cash 37.2%
Profitability
0-91
return on assets -42.8%
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%lowest value
12-2024: 0.3%▲ +0.2 percentage points vs 11-2024
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025
08-2025: 0.6%▲ +0.2 percentage points vs 07-2025
09-2025: 0.3%▼ -0.3 percentage points vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.4%▲ +0.1 percentage points vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.5%▲ +0.1 percentage points vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.6%▲ +0.1 percentage points vs 06-2026
08-2026: 0.9%▲ +0.3 percentage points vs 07-2026highest value
09-2026: 0.4%▼ -0.5 percentage points vs 08-2026
10-2026: 0.4%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.9, compared with 1.29 in 2024, below 1; short-term debt: 110.7% and cash: 37.2% of total assets), and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 3% on solvency, 21% on liquidity, 1% on profitability and 1% on growth.
The bankruptcy probability was computed on 30-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year -€11,031
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filingsDeviation from the deadline
2025
27 days late
2024
24 days late
2023
45 days early
2022
5 days early
2021
9 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 2 days before the deadline; the sector median (NACE 69) for financial year 2024 is 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 26 July (4 of the last 5 filed years within 32 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Weakest financial yearnet -€42,186
- Annual accounts filedfinancial year 2024 · micro…
Key points
By topic
Timeline
- Events
- 8
- Since
- 2022
- Next accounts
- by 31-07-2027
- 31-12-2024Back to profit
- 12-11-2024Registered office
- 16-06-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Activities of lawyersNACE 69101
- Founded
- 17-03-2021
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about Massart Law
- What is the company number of Massart Law?
- 0765.313.964. In Belgium the VAT number is the company number with BE in front: BE 0765.313.964.
- Where is Massart Law based?
- The registered office is at Bondgenotenstraat 22, 1190 Vorst.Company details
- What does Massart Law do?
- According to the KBO register, the main activity is activities of lawyers (NACE 69101).
- What is the legal form of Massart Law?
- Private limited company (BV).
- When was Massart Law founded?
- On 17-03-2021.
- Is Massart Law still active?
- Yes, Massart Law is an active enterprise in the KBO register.
- What is the turnover of Massart Law?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is Massart Law profitable?
- In financial year 2025, Massart Law made a loss of €42,186.
- Where can I find the annual accounts of Massart Law?
- Massart Law filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Massart Law due?
- By 31-07-2027, for financial year 2026.Timeline
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