Turnover
≈ €51,000 estimated
The micro format states no turnover.
Munro
Overview
Lifetime
1 annual account with figurespeak €8,786 (2025)
€8,786
peak €5,150 (2025)
€5,150
peak €8,150 (2025)
€8,150
€5,326
Board1 name since 2024
1 directorVAN ROEYEN Thomas Marie-Louise Raf Lieve
Documentsfilings and deeds
11-12-202551 days before the deadline
2025micro format
First year with figures
Key points
from the 2025 annual accountsStarting capital
€3,000 1,000 shares
Position in the sector
€8,150
Less equity than 88% of companies in legal and accounting. Sector median €86,535 · 15,833 companies.
Checked score
96
Excellent
Financially stronger than 70% 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
11-2025: 0.3%highest value
12-2025: 0.3%● unchanged vs 11-2025highest value
01-2026: < 0.1%▼ -0.3 percentage points vs 12-2025lowest value
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 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
Size: total assets €13,475
lowers risk
Sector: Legal and accounting activities (NACE 69)
Liquidity: current ratio 2.32, cash €12,291
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 57% of them on solvency, 71% on liquidity and 82% on profitability.
The bankruptcy probability was computed on 09-11-2026 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 30-06-2025.
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, 39,278 companies had the same profile as Munro has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Munro itself is lower: < 0.1% within 12 months. It rests on far more data about Munro 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 39,278 companies, not a prediction for Munro. 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 €500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.32, above the usual 1.5. Short-term debt is 39.5% and cash 91.2% of total assets. 39.5% 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 30-06-2025 was due by 31-01-2026 and was filed on 11-12-2025, 51 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
51 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- VAN ROEYEN Thomas Marie-Louise Raf Lieve 1,000 sharesdeed of 22-10-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1015275145
Incorporation
Founding capital of €3,000, 1,000 shares · Founder: VAN ROEYEN Thomas Marie-Louise Raf Lieve · Appointment: VAN ROEYEN Thomas Marie-Louise Raf Lieve (director) · published on 22-10-2024 · Gazette deed
First establishment
Quinten Metsysplein 12, Leuven
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Munro Leuven | €13,475 | €8,786 | 60.5% | - |
| LUMOS LAW Maasmechelen | €13,151 | €9,418 | 26.5% | - |
| Advocaat Valérie De Bruyckere Mortsel | €16,376 | €9,104 | 32.8% | - |
| Pauline DELTOUR Waterloo | €15,199 | €10,124 | 23.0% | - |
| Advocatenkantoor Evi Helderweirt Temse | €15,815 | €10,208 | 70.3% | - |
| Advocatenkantoor Katrin Meerts Antwerp | €13,933 | €10,619 | 74.1% | - |
| Advocatenkantoor Tim Peeters Ranst | €15,929 | €8,082 | 44.4% | - |
These companies have the same main activity as Munro: activities of lawyers (NACE 69101). They are comparable in size and age: total assets between €13,200 and €16,400, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 18-10-2024Normal situation
- Activity
- Activities of lawyersNACE 69101
- Establishment unit
- 2.365.380.9293000 Leuven, since 18-10-2024
- Financial year end
- 30 June
- Peppol
- Reachable since 23-09-2025
Annual accounts to 30-06-2025
- €8,786
- €5,150
- €8,150
- €13,475
- Filing
- Filed on 11-12-2025, 51 days before the end of the filing period
Insights on Munro
Munro has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8,150 and a net result of €5,150.
Its solvency ranks better than 54% of 15,828 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 11-12-2025, 51 days before the deadline€8,786
€7,004
€5,150
€7,030
60.5%
2.32
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €51,000. Estimated: probably between €28,000 and €120,000.
Balance sheet
balance sheet total €13,475 on 30-06-2025What the company ownsHow it is paid for
Position in the sector
60.5%
Higher than 54% of 15,828 companies in 2025.
2.32
Higher than 51% of 15,600 companies in 2025.
38.2%
Higher than 76% of 15,717 companies in 2025.
Munro
Middle half of the sector
80% of the sector
Micro accounts in legal and accounting (NACE 69)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
13,475 | |
20 |
571 | |
21/28 |
549 | |
22/27 |
549 | |
23 |
549 | |
29/58 |
12,355 | |
40/41 |
64 | |
41 |
64 | |
54/58 |
12,291 | |
| Balance sheet: equity and liabilities | ||
10/49 |
13,475 | |
10/15 |
8,150 | |
10/11 |
3,000 | |
13 |
5,150 | |
133 |
5,150 | |
17/49 |
5,326 | |
42/48 |
5,326 | |
44 |
315 | |
440/4 |
315 | |
45 |
5,011 | |
450/3 |
5,011 | |
| Income statement | ||
9900 |
8,786 | |
630 |
1,393 | |
640/8 |
389 | |
9901 |
7,004 | |
75/76B |
4 | |
75 |
4 | |
65/66B |
0 | |
65 |
0 | |
9903 |
7,008 | |
67/77 |
1,858 | |
9904 |
5,150 | |
9905 |
5,150 | |
| Appropriation of the result | ||
9906 |
5,150 | |
691/2 |
5,150 | |
6921 |
5,150 | |
| Document | ||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 11-12-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 11-12-2025 | 2025-00579631 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 8,397 | ||
| 6,543 | ||
| 586 | ||
| 7,030 | ||
| 60.5% | ||
| 2.32 | ||
| 0.65 | ||
| 63.2% | ||
| 38.2% | ||
| over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 30-06-2025 |
|---|---|
| Tangible fixed assets | €586 |
| €1,393 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on Munro
Debt's share of the balance-sheet total is 39.5%.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 22-10-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 11-12-2025
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- The sole directordeed of 22-10-2024
Mandates through the years
1 name, the dashed line is todayVAN ROEYEN Thomas Marie-Louise Raf Lieve
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- VAN ROEYEN Thomas Marie-Louise Raf Lieve
- Director (not named in the articles), appointed by deed of 22-10-2024, still in office
Control
This company
Munro
Equity €8,150
Profit €5,150 in 2025
Capital
- Contribution
- €3,000
- Shares
- 1,000
- Contribution per share
- €3
- Equity per share
- €8.15 in 2025
- Source
- deed of 22-10-2024
Articles of association
deed of 22-10-2024 (in Dutch)- Name, seat, purpose and duration
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- 1 director“Te bepalen door algemene vergadering”
- General meeting and financial year
- Financial yearThe company draws up its annual accounts over this twelve-month period.
- “Jaarvergadering Jaarlijks op de eerste werkdag van de maand december wordt de jaarvergadering gehouden op de zetel van de vennootschap of op…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “Jaarvergadering Jaarlijks op de eerste werkdag van de maand december wordt de jaarvergadering gehouden op de zetel van de vennootschap of op…”
- 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
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Slechts door besluit algemene vergadering in vormen vereist voor statutenwijziging, behoudens artikel 8”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Vereffenaars mogen lasthebbers aanstellen met bijzondere en in tijd beperkte machten voor bepaalde verrichtingen, algemene vergadering…”
Shareholders
At incorporation
deed of 22-10-2024 ↗
- VAN ROEYEN Thomas Marie-Louise Raf Lieve 1,000 shares (100%) · €3,000
Network & group
No group
Munro has no parent and no holdings in its annual accounts. VAN ROEYEN Thomas Marie-Louise Raf Lieve is the only director. Munro shares no director with another company.
Timeline
Timeline
4 events since 2024Filings
Establishments
202420252026
2025
Annual accounts 2025 filed NBBmicro format · 51 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:1015275145
2024
IncorporationFounding capital of €3,000, 1,000 shares · Founder: VAN ROEYEN Thomas Marie-Louise Raf Lieve · Appointment: VAN ROEYEN Thomas Marie-Louise Raf Lieve (director) · published on 22-10-20245 points ▸
- Founder, VAN ROEYEN Thomas Marie-Louise Raf Lieve
- Founding capital, €3,000, 1,000 shares
- VAN ROEYEN Thomas Marie-Louise Raf Lieve holds all the shares
- Registered office clause, Willem Vanden Abeelelaan 31, 3001 Leuven (Heverlee)
- Director appointment, VAN ROEYEN Thomas Marie-Louise Raf Lieve (director (not named in the articles))
- The deed holds 2 more points.
First establishment Quinten Metsysplein 12, Leuven
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1015.275.145
- VAT number
- BE 1015.275.145
- Peppol ID
- 0208:1015275145
- Other Peppol ID
- 9925:BE1015275145
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 18-10-2024
- Financial year
- ends on 30 June
- Financial yearThe company draws up its annual accounts over this twelve-month period.
- “Jaarvergadering Jaarlijks op de eerste werkdag van de maand december wordt de jaarvergadering gehouden op de zetel van de vennootschap of op…”deed of 22-10-2024 (in Dutch)
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “Jaarvergadering Jaarlijks op de eerste werkdag van de maand december wordt de jaarvergadering gehouden op de zetel van de vennootschap of op…”deed of 22-10-2024 (in Dutch)
- Peppol
- Reachable since 23-09-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Munro in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 22-10-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 22-10-2024 (in Dutch)
Activities
NACEBEL 202569101
Activities of lawyers main activity
Codes under NACEBEL 2008
69101
Activities of lawyers main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het uitoefenen van het beroep van advocaat door een persoon ingeschreven op het tableau van de Nederlandse Orde van Advocaten bij de Balie…”deed of 22-10-2024 (in Dutch)
5 activities
- Het uitoefenen van het beroep van advocaat door een persoon ingeschreven op het tableau van de Nederlandse Orde van Advocaten bij de Balie te Brussel,op de lijst van de stagiairs,op de EU-lijst of op de B-lijst voor zover van toepassing,en alle andere activiteiten die verenigbaar zijn met het beroep van advocaat,voor zover toegelaten door de deontologische beginselen,de Codex Deontologie voor Advocaten en de reglementen van de Orden van Advocaten waarvan de aandeelhouder-bestuurder deel van uitmaakt
- De vennootschap kan deelnemen in associaties of vennootschappen die hetzelfde voorwerp nastreven
- Zij mag,hetzij alleen,hetzij met anderen,rechtstreeks of onrechtstreeks,voor haar rekening of voor rekening van derden,alle roerende,onroerende of financiële handelingen verrichten die rechtstreeks of onrechtstreeks in verband staan met haar voorwerp of die kunnen bijdragen tot de ontwikkeling ervan
- De vennootschap kan haar geldmiddelen beleggen in roerende of onroerende goederen,met uitsluiting van iedere activiteit die onverenigbaar is met het beroep van advocaat
- De vennootschap zal bij de uitoefening van haar activiteit de regels eigen aan het beroep van advocaat,zoals bepaald door de bevoegde overheden,eerbiedigen
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Willem Vanden Abeelelaan 31 registered office 3001 Leuven | ||
| Quinten Metsysplein 12 3000 Leuven | 18-10-2024 | 2.365.380.929 |
Buildings and parcels at the addresses
- Ground area
- 5,323 m²
- Buildings
- 492 m²
- Volume, LiDAR
- 1,141 m³
- Tallest building
- 10.9 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 24502B0324/00S002 | 5,098 m² | 1 · 405 m² | 10.9 m |
| 24434F0235/00N002 | 225 m² | 1 · 86 m² | 9.5 m · 2 |