Nemo tenetur · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Nemo tenetur is 0.3% (very low). The 2025 annual accounts show equity of €6k and a net result of €65k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 1943 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Signals

2 signals · with evidence

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 1943 sector peers (2025).

View the sector comparison

Consistently profitable

Positive net result in the two most recent financial years (2024 and 2025).

View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-03-2026, 123 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

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.

How we compute the deadline

The year end is derived from 4 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2025, that is 31-07-2026.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	30-03-2026	123 d early	2026-00065791
31-12-2024	31-07-2025	17-06-2025	44 d early	2025-00156172
31-12-2023	31-07-2024	24-06-2024	37 d early	2024-00153709
31-12-2022	31-07-2023	29-06-2023	32 d early	2023-00203361

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

More than 3 years active

Founded in 2022, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

0.3% Very low

0%0,5%1,5%4%10%≥25%

Lower-failure-rate sector −Young company +Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€65k-1.4%

Working capital€6k-94.9%

CSV export

Annual accounts & ratios

Source: NBB · 2025

Annual accounts filed on 30-03-2026 with the NBB · fiscal year 2025 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

volatile Too volatile to project: the yearly deviation from the trend is ~88% of the level (threshold 35%). We therefore deliberately show no projection line.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 69, Legal & accounting · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	6.0%	53.8%	better than 16% of 1943 sector peers
Net result	€65k	€43k	better than 66% of 1943 sector peers
Equity	€6k	€56k	better than 19% of 1944 sector peers
Gross operating margin	€84k	€68k	better than 59% of 1942 sector peers
Total assets	€102k	€133k	better than 39% of 1943 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P16

Stable position over 2022-2025 · n=1943-4818

Net result P66

Improving position over 2022-2025 · n=1943-4815

Equity P19

Improving position over 2022-2025 · n=1944-4818

Gross operating margin P59

Improving position over 2022-2025 · n=1942-4813

Describes the position versus peers, not a forecast.

EBITDA

€83k

+0.2% 22-25

Net profit

€65k

-1.4% 22-25

Cash flow

€65k

-1.4% 22-25

Total assets

€102k

-27.0% 22-25

Equity

€6k

-94.5% 22-25

Working capital

€6k

-94.9% 22-25

Income taxes

€17k

+0.5% 22-25

Dividends

€170k

- 22-25

Debt

€96k

+237.6% 22-25

Debt ≤ 1y

€96k

+237.8% 22-25

Current ratio

1.06

-78.4% 22-25

Quick ratio

1.06

-78.4% 22-25

Solvency

6.0%

-92.4% 22-25

Debt / equity

15.58

+6011.6% 22-25

ROE

1052.9%

+1685.8% 22-25

ROA

63.5%

+35.2% 22-25

Interest coverage

24.15

-46.8% 22-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	micro
Revenue	-
EBITDA	€83k
Net profit	€65k
Cash flow	€65k
Staff costs	-
Income taxes	€17k
Dividends	€170k
Total assets	€102k
Equity	€6k
Debt	€96k
of which ≤ 1y	€96k
of which > 1y	-
Working capital	€6k
Employees (FTE)	-

Ratios (computed)

	2025
Current ratio	1.06
Quick ratio	1.06
Working capital ratio	5.5%
Solvency	6.0%
Debt / equity	15.58
Long-term debt ratio	-
Interest coverage	24.15
Gross margin	-
Net margin	-
ROA	63.5%
ROE	1052.9%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €667 · 0.7% Current assets €101k · 99.3%

Equity & liabilities

Equity €6k · 6.0% Debt €96k · 94.0%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€102k
Fixed assets	21/28	€667
Tangible fixed assets	22/27	€667
Current assets	29/58	€101k
Amounts receivable within one year	40/41	€20k
Investments	50/53	€0
Cash & bank	54/58	€50k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€102k
Equity	10/15	€6k
Contributions / capital	10/11	€3k
Reserves	13	€3k
Accumulated profits (losses)	14	€0
Amounts payable	17/49	€96k
Amounts payable within one year	42/48	€96k
Trade debts payable within one year	44	€336
Income statement
Gross operating margin	9900	€84k
Operating result	9901	€83k
Financial income	75	€2k
Financial charges	65	€3k
Result before taxes	9903	€81k
Income taxes	67/77	€17k
Net result for the period	9904	€65k
Result to be appropriated	9905	€65k

You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2025 · computed

65 / 100 Healthy

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register

exact location from the address register On OpenStreetMap

Establishment units

1 location

Nemo tenetur

Maria-Theresiastraat 110, 3000 LeuvenActiviteiten van advocaten

since 20222.333.362.120

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area188 m²

Buildings1

Building footprint119 m²

Volume (LiDAR)1,296 m³

Tallest building17.9 m · ±4 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
24502B0305/00L009	Flanders	188 m²	1 · 119 m²	17.9 m · 4 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes

67 / 100

Strong profile, led by profitability.

All 5 axes are computed from data Checked has read.

Health 65

Profitability 100

Solvency 16

Growth 58

Stability 94

Ask AI about this company

Checked AI

Soon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.

TryWhat are the main risks?Any recent red flags?Compare to sector peers

Coming soon

AI due-diligence brief

Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon

The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works