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MT Law

Active
Private limited companyfounded 20214 yrs activeLuikersteenweg 370A, 3500 Hasselt, BelgiumKBO/BCE: BE 0777.400.065
Summary

MT Law has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €107,024 and a net result of €42,181. Equity is growing by ~59.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability100=
Solvency100▲+5
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 5.09 against 3.23 in 2023; short-term debt: 19.2% and cash: 32.9% of total assets), and 19.3% of the assets are financed with debt.
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Signals

Four 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
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
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 18-06-2026, 43 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
43 d early
2024
45 d early
2023
42 d early
2022
42 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 43 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 19 June (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

On 16 November 2021, MT Law was incorporated as a Private limited company.1 Total assets went from EUR 56,953 in 2022 to EUR 132,569 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2024

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Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet

Equity
€107,024▲ 65.1%
2023 · €64,843
Total assets
€132,569▲ 42.1%
2023 · €93,261
Net result
€42,181▲ 19.2%
2023 · €35,401
Working capital
€104,138▲ 64.4%
2023 · €63,345
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line202220232024
Operating result€41,788-€50,072▲ 19.8%€50,294▲ 0.4%
Net result€26,443within the sector's middle half-€35,401within the sector's middle half▲ 33.9%€42,181within the sector's middle half▲ 19.2%
Equity€29,443below the sector's middle half-€64,843within the sector's middle half▲ 120%€107,024within the sector's middle half▲ 65.1%
Total assets€56,953below the sector's middle half-€93,261below the sector's middle half▲ 63.8%€132,569within the sector's middle half▲ 42.1%
Debt€27,510-€28,418▲ 3.3%€25,544▼ 10.1%
Working capital€28,367within the sector's middle half-€63,345within the sector's middle half▲ 123%€104,138within the sector's middle half▲ 64.4%
Solvency51.7%within the sector's middle half-69.5%within the sector's middle half▲ 17.8pp80.7%above the sector's middle half▲ 11.2pp
Current ratio2.04within the sector's middle half-3.23within the sector's middle half▲ 1.205.09above the sector's middle half▲ 1.85
Return on assets (ROA)46.4%above the sector's middle half-38.0%above the sector's middle half▼ 8.5pp31.8%within the sector's middle half▼ 6.1pp
above within below the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2022: €41,788€41,788Net result 2022: €26,443€26,443Operating result 2023: €50,072€50,072Net result 2023: €35,401€35,401Operating result 2024: €50,294€50,294Net result 2024: €42,181€42,181202220232024€0€20,000€40,000€60,000Operating result 2022: €41,788€41,800Net result 2022: €26,443€26,400Operating result 2023: €50,072€50,100Net result 2023: €35,401€35,400Operating result 2024: €50,294€50,300Net result 2024: €42,181€42,200202220232024
The operating result has risen two years in a row; 2024 is 0% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €132,569
Fixed assets €2,952 ▲ 89.0%
Current assets €129,616 ▲ 41.4%
Equity and liabilities €132,569
Equity €107,024 ▲ 65.1%
Debt €25,544 ▼ 10.1%
Debt's share of the balance-sheet total falls from 30.5% to 19.3%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€51,347▲
2023 · €50,768
Cash flow
€43,234▲
2023 · €36,098
Debt to equity
0.24▼
2023 · 0.44
ROE
39.4%▼
2023 · 54.6%
Interest coverage
338.99▲
2023 · 121.88
Debt ≤ 1 year
€25,479▼
2023 · €28,354
Income taxes
€11,495▼
2023 · €14,811
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet Code20232024
Assets
Total assets20/58€93,261€132,569▲
Fixed assets21/28€1,563€2,952▲
Tangible fixed assets22/27€1,563€2,952▲
Furniture and vehicles24€1,563€2,952▲
Current assets29/58€91,699€129,616▲
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Amounts receivable within one year40/41€45,101€71,239▲
Trade receivables40€0€21▲
Other amounts receivable41€45,101€71,218▲
Cash at bank and in hand54/58€26,036€43,601▲
Deferred charges and accrued income490/1€20,561€14,775▼
Equity and liabilities
Total equity and liabilities10/49€93,261€132,569▲
Equity10/15€64,843€107,024▲
Contributions10/11€3,000€3,000=
Reserves13€61,843€104,024▲
Distributable reserves133€61,843€104,024▲
Amounts payable17/49€28,418€25,544▼
Amounts payable within one year42/48€28,354€25,479▼
Trade debts44€1,715€1,457▼
Suppliers440/4€1,715€1,457▼
Taxes, remuneration and social security45€26,639€24,021▼
Taxes450/3€26,639€24,021▼
Accrued charges and deferred income492/3€64€66▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€697€1,053▲
Other operating charges640/8€1,192€1,324▲
Gross operating margin9900€51,960€52,671▲
Operating profit (loss)9901€50,072€50,294▲
Financial income75/76B€556€3,533▲
Recurring financial income75€556€3,533▲
Financial charges65/66B€417€151▼
Recurring financial charges65€417€151▼
Profit (loss) for the period before taxes9903€50,212€53,676▲
Income taxes67/77€14,811€11,495▼
Profit (loss) for the period9904€35,401€42,181▲
Profit (loss) for the period to be appropriated9905€35,401€42,181▲
Appropriation of the result
Profit (loss) to be appropriated9906€35,401€42,181▲
Transfer to equity691/2€35,401€42,181▲
To other reserves6921€35,401€42,181▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€767€697€1,053▲ 51.2%
Other operating charges640/8€3,381€1,192€1,324▲ 11.1%
Gross operating margin9900€45,937€51,960€52,671▲ 1.4%
Operating profit (loss)9901€41,788€50,072€50,294▲ 0.4%
Financial income75/76B€145€556€3,533▲ 535%
Recurring financial income75€145€556€3,533▲ 535%
Financial charges65/66B€608€417€151▼ 63.6%
Recurring financial charges65€608€417€151▼ 63.6%
Profit (loss) for the period before taxes9903€41,325€50,212€53,676▲ 6.9%
Income taxes67/77€14,883€14,811€11,495▼ 22.4%
Profit (loss) for the period9904€26,443€35,401€42,181▲ 19.2%
Profit (loss) for the period to be appropriated9905€26,443€35,401€42,181▲ 19.2%
Line202220232024Change
Assets
Total assets20/58€56,953€93,261€132,569▲ 42.1%
Fixed assets21/28€1,233€1,563€2,952▲ 89.0%
Tangible fixed assets22/27€1,233€1,563€2,952▲ 89.0%
Furniture and vehicles24€1,233€1,563€2,952▲ 89.0%
Current assets29/58€55,720€91,699€129,616▲ 41.4%
Amounts receivable after more than one year29€10,000€0--
Other amounts receivable291€10,000€0--
Amounts receivable within one year40/41€12,216€45,101€71,239▲ 58.0%
Trade receivables40€11,534€0€21-
Other amounts receivable41€682€45,101€71,218▲ 57.9%
Cash at bank and in hand54/58€33,504€26,036€43,601▲ 67.5%
Deferred charges and accrued income490/1-€20,561€14,775▼ 28.1%
Equity and liabilities
Total equity and liabilities10/49€56,953€93,261€132,569▲ 42.1%
Equity10/15€29,443€64,843€107,024▲ 65.1%
Contributions10/11€3,000€3,000€3,000=
Reserves13€26,443€61,843€104,024▲ 68.2%
Distributable reserves133€26,443€61,843€104,024▲ 68.2%
Amounts payable17/49€27,510€28,418€25,544▼ 10.1%
Amounts payable within one year42/48€27,354€28,354€25,479▼ 10.1%
Trade debts44€2,033€1,715€1,457▼ 15.0%
Suppliers440/4€2,033€1,715€1,457▼ 15.0%
Taxes, remuneration and social security45€25,320€26,639€24,021▼ 9.8%
Taxes450/3€25,320€26,639€24,021▼ 9.8%
Accrued charges and deferred income492/3€156€64€66▲ 3.0%
Line202220232024Change
Profit (loss) for the period9904€26,443€35,401€42,181▲ 19.2%
+ Depreciation and write-downs630€767€697€1,053▲ 51.2%
Operating cash flow (approximation)€27,210€36,098€43,234▲ 19.8%
Investment in fixed assets (approximation)--€1,027-€2,443▼ 138%
Change in cash--€7,468€17,565▲ 335%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
18-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
16-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2022net €42,181 ▲19.2%
Operating result €50,294, net result €42,181, both a record.
31-12
Financial Equity above €100,000Eq €107,024 ▲65.1%
3 profitable years in a row build equity to €107,024.
19-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
19-06
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.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Hasselt · 2 establishment units since 2021
seat establishment All 2 establishment units on the map
Ground area
2,697 m²
Building footprint
273 m²
Volume, LiDAR
2,513 m³
2 parcels, Brussels, Flanders · tallest building 22.3 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
MT Law
Louizalaan 404, 1050 ElseneActivities of lawyers
since 20212.324.166.619
MT Law
Luikersteenweg 370A, 3500 HasseltActivities of lawyers
since 20212.324.166.718
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
71328D1328/00C002 Flanders 2,616 m² 1 · 192 m² 10.2 m · 2 fl.
21807G0218/00K008 Brussels 80 m² 1 · 80 m² 22.3 m · 6 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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

Of 22,057 companies in this sector we hold annual accounts for 9,060. 7,562 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded16-11-2021
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
E-invoicing
Reachable via Peppol
Peppol ID 0208:0777400065
Also 9925:BE0777400065
Registered 12-03-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.