MR LAW
ActiveSummary
MR LAW has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €99k and a net result of €41k. Equity is growing by ~61.4% per year across the filed fiscal years. Its solvency ranks better than 68% of 15367 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
93
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency99▲+5
Growth85=
Track record94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 2.53 against 3.16 in 2023; short-term debt: 25.8% and cash: 56.7% of total assets), and 25.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · 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 →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
26 d late
2022
1 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€106k▲ 165%
2022 · €40k
2022: €40k
2022 → 2023
EBIT margin
37.1%▼ 42.7pp
2022 · 79.8%
2022: 79.8%
2022 → 2023
Net result
€41k▲ 32.1%
2023 · €31k
2022: €25k
2023: €31k
2022 → 2024
Working capital
€53k▼ 7.2%
2023 · €57k
2022: €27k
2023: €57k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Turnover€40k-€106k▲ 165%
Equity€27k-€58k▲ 112%€99k▲ 69.9%
Operating result€32k-€40k▲ 23.0%€51k▲ 30.3%
Net result€25k-€31k▲ 21.2%€41k▲ 32.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 30% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €133k
Fixed assets
€46k ▲ 2,275%
Current assets
€87k ▲ 5.1%
Equity and liabilities €133k
Equity
€99k ▲ 69.9%
Debt
€34k ▲ 30.0%
Debt's share of the balance-sheet total falls from 31.2% to 25.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€55k▲
2023 · €40k
Cash flow
€44k▲
2023 · €31k
Current ratio
2.53▼
2023 · 3.16
Debt to equity
0.35▼
2023 · 0.45
ROE
41.1%▼
2023 · 52.9%
ROA
30.5%▼
2023 · 36.4%
Interest coverage
535.53▲
2023 · 508.96
Debt ≤ 1 year
€34k▲
2023 · €26k
Income taxes
€11k▲
2023 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€85k€133k▲
Fixed assets21/28€2k€46k▲
Tangible fixed assets22/27€2k€46k▲
Plant, machinery and equipment23€2k€46k▲
Current assets29/58€83k€87k▲
Amounts receivable within one year40/41€2k€74▼
Trade receivables40€2k€74▼
Cash at bank and in hand54/58€81k€76k▼
Deferred charges and accrued income490/1-€11k
Equity and liabilities
Total equity and liabilities10/49€85k€133k▲
Equity10/15€58k€99k▲
Contributions10/11€2k€2k=
Reserves13€56k€97k▲
Distributable reserves133€56k€97k▲
Amounts payable17/49€26k€34k▲
Amounts payable within one year42/48€26k€34k▲
Trade debts44€281€781▲
Suppliers440/4€281€781▲
Taxes, remuneration and social security45€21k€25k▲
Taxes450/3€21k€25k▲
Other amounts payable47/48€5k€9k▲
Accrued charges and deferred income492/3€300-
Income statement
Code20232024
Turnover70€106k-
Goods, raw materials, services and sundry goods60/61€65k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46€4k▲
Other operating charges640/8€2k€255▼
Gross operating margin9900€42k€55k▲
Operating profit (loss)9901€40k€51k▲
Financial income75/76B-€53
Recurring financial income75-€53
Financial charges65/66B€78€103▲
Recurring financial charges65€78€103▲
Profit (loss) for the period before taxes9903€39k€51k▲
Income taxes67/77€9k€11k▲
Profit (loss) for the period9904€31k€41k▲
Profit (loss) for the period to be appropriated9905€31k€41k▲
Appropriation of the result
Profit (loss) to be appropriated9906€31k€41k▲
Transfer to equity691/2€31k€41k▲
To other reserves6921€31k€41k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Highest result since 2022net €41k ▲32.1%
Operating result €51k, net result €41k, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
30-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Oostende · 1 establishment unit since 2022
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.
Petunialaan 548400 OostendeGround area
605 m²
Building footprint
137 m²
Volume, LiDAR
654 m³
Parcel 35020B0220/00H003, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MR LAW
since 20222.340.296.927
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35020B0220/00H003 | Flanders | 605 m² | 1 · 137 m² | 7.5 m · 2 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
ADVOCAAT XAVIER POTVIN
BE 0695.461.987
Schilde · Eq €98,965
AVOCAT CORNILLE
BE 0598.754.967
Sint-Agatha-Berchem · Eq €98,914
DEWAEL & PARTNERS LEUVEN
BE 0473.235.086
Leuven · Eq €98,907
Heleen Franco
BE 0797.736.908
Leuven · Eq €99,022
DO advocaten
BE 0775.876.076
Genk · Eq €98,882
Of 22,058 companies in sector 69101 we hold annual accounts for 9,052. 7,556 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-12-2022
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.