NDR Law

Active

Private limited companyfounded 20223 yrs activeZonnestraat (W.-P.) 6, 9790 Wortegem-Petegem, BelgiumKBO/BCE: BE 0791.939.969

NDR Law has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €26k and a net result of €19k. Its solvency ranks better than 41% of 15369 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

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Checked score

Score 2024

84 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100▲+25

Solvency76▲+29

Growth78

Track record94

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €2k at 30 days acceptable

Liquidity ample (current ratio 2.14 against 1.3 in 2023; short-term debt: 46.6% and cash: 88.5% of total assets), and 49.2% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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 →

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

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

50.8%

Return on assets

36.5%

Age of the figures

21 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

not confirmed

2024

24 d early

2023

26 d late

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Equity

€26k▲ 254%

2023 · €7k

2023: €7k

2023 → 2024

Total assets

€52k▲ 55.4%

2023 · €33k

2023: €33k

2023 → 2024

Net result

€19k▲ 283%

2023 · €5k

2023: €5k

2023 → 2024

Working capital

€28k▲ 262%

2023 · €8k

2023: €8k

2023 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Equity€7k-€26k▲ 254%

Operating result€8k-€25k▲ 234%

Net result€5k-€19k▲ 283%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result rises in 2024; 2024 is 234% above 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Equity and liabilities €52k

50.8%

49.2%

Equity €26k▲ 254%

Debt €25k▼ 1.6%

The debt ratio falls from 77.7% to 49.2%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

Solvency

50.8%▲

2023 · 22.3%

Current ratio

2.14▲

2023 · 1.30

Quick ratio

2.14▲

2023 · 1.30

Debt / equity

0.97▼

2023 · 3.47

ROE

71.7%▲

2023 · 66.3%

ROA

36.5%▲

2023 · 14.8%

Debt

€25k▼

2023 · €26k

Debt ≤ 1 year

€24k▼

2023 · €26k

Income taxes

€5k▲

2023 · €2k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€33k€52k▲

Current assets29/58€33k€52k▲

Amounts receivable within one year40/41€2k€4k▲

Trade receivables40€2k€3k▲

Other amounts receivable41€44€550▲

Cash at bank and in hand54/58€28k€46k▲

Deferred charges and accrued income490/1€4k€2k▼

Equity and liabilities

Total equity and liabilities10/49€33k€52k▲

Equity10/15€7k€26k▲

Contributions10/11€3k€3k=

Reserves13€5k€24k▲

Distributable reserves133€5k€24k▲

Amounts payable17/49€26k€25k▼

Amounts payable within one year42/48€26k€24k▼

Trade debts44€5k€2k▼

Suppliers440/4€5k€2k▼

Taxes, remuneration and social security45€5k€7k▲

Taxes450/3€3k€5k▲

Remuneration and social security454/9€2k€2k▼

Other amounts payable47/48€16k€15k▼

Accrued charges and deferred income492/3€193€1k▲

Income statement Code20232024

Other operating charges640/8€652€387▼

Gross operating margin9900€8k€26k▲

Operating profit (loss)9901€8k€25k▲

Financial income75/76B€19€0▼

Recurring financial income75€19€0▼

Financial charges65/66B€214€2k▲

Recurring financial charges65€214€2k▲

Profit (loss) for the period before taxes9903€7k€24k▲

Income taxes67/77€2k€5k▲

Profit (loss) for the period9904€5k€19k▲

Profit (loss) for the period to be appropriated9905€5k€19k▲

Appropriation of the result

Profit (loss) to be appropriated9906€5k€19k▲

Transfer to equity691/2€5k€19k▲

To other reserves6921€5k€19k▲

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 2Filings 2

2025

07-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

26-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 26 days late

NBB filing

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, Wortegem-Petegem · 1 establishment unit since 2022

establishment The establishment unit on the map

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.

Zonnestraat (W.-P.) 69790 Wortegem-Petegem

Ground area

666 m²

Building footprint

200 m²

Volume, LiDAR

708 m³

Parcel 45055B0003/00R003, Flanders · tallest building 10.0 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

NDR Law

Zonnestraat (W.-P.) 6, 9790 Wortegem-PetegemActivities of lawyers

since 20222.336.562.130

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
45055B0003/00R003	Flanders	666 m²	1 · 200 m²	10.0 m · 1 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

ADVOCATENKANTOOR VAN KERCKVOORDE KETTY

Sint-Pieters-Woluwe · Eq €26k

MG LAW

BE 1012.738.396

Gent · Eq €26k

Of 22,051 companies in sector 69101 we hold annual accounts for 9,053. 6,513 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded05-10-2022

Fiscal year end31-12

Activities, NACEBEL

69101Activities of lawyers

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.