Nicolas Delvoie avocat
ActiveNicolas Delvoie avocat has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35k and a net result of €112k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 17% of 12708 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency41▼-8
Growth85=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.12 against 1.28 in 2024; short-term debt: 84.4% and cash: 34.7% of total assets), and 84.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
15.6%
Return on assets
50.2%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 12708 sector peers (2025).
NBB · sector comparisonPosition among 12708 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 10 filingsDeviation from the deadline
2025
27 d late
2024
32 d late
2023
31 d late
2022
31 d late
2021
31 d late
2020
on the day
2019
92 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€195k▲ 45.5%
2018 · €134k
2018: €134k
2018 → 2019
EBIT margin
32.7%▲ 13.9pp
2018 · 18.7%
2018: 18.7%
2018 → 2019
Net result
€112k▼ 6.4%
2024 · €119k
2018: €9k
2019: €50k
2020: €41k
2021: €41k
2022: €78k
2023: €73k
2024: €119k
2018 → 2025
Working capital
€23k▼ 55.1%
2024 · €51k
2018: €-11k
2019: €38k
2020: €24k
2021: €76k
2022: €41k
2023: €33k
2024: €51k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€83k-€41k▼ 50.3%€40k▼ 4.1%€59k▲ 48.9%€35k▼ 41.1%
Operating result€51k-€97k▲ 90.9%€96k▼ 1.0%€162k▲ 68.9%€170k▲ 4.8%
Net result€41k-€78k▲ 91.7%€73k▼ 6.3%€119k▲ 62.8%€112k▼ 6.4%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 5% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €222k
Fixed assets
€12k▲ 52.8%
Current assets
€211k▼ 10.0%
Equity and liabilities €222k
Equity
€35k▼ 41.1%
Debt
€188k▲ 2.6%
The debt ratio rises from 75.6% to 84.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€173k▲
2024 · €164k
Cash flow
€115k▼
2024 · €122k
Solvency
15.6%▼
2024 · 24.4%
Current ratio
1.12▼
2024 · 1.28
Quick ratio
1.12▼
2024 · 1.28
Debt / equity
5.41▲
2024 · 3.10
ROE
321.8%▲
2024 · 202.4%
ROA
50.2%▲
2024 · 49.4%
Interest coverage
107.32▲
2024 · 95.06
Debt
€188k▲
2024 · €183k
Debt ≤ 1 year
€188k▲
2024 · €183k
Income taxes
€56k▲
2024 · €41k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€242k€222k▼
Fixed assets21/28€8k€12k▲
Intangible fixed assets21-€2k
Tangible fixed assets22/27€6k€8k▲
Furniture and vehicles24€4k€2k▼
Other tangible fixed assets26€2k€6k▲
Financial fixed assets28€2k€2k=
Current assets29/58€234k€211k▼
Amounts receivable within one year40/41€73k€134k▲
Trade receivables40€73k€134k▲
Cash at bank and in hand54/58€161k€77k▼
Equity and liabilities
Total equity and liabilities10/49€242k€222k▼
Equity10/15€59k€35k▼
Contributions10/11€19k€19k=
Reserves13€16k€16k=
Distributable reserves133€16k€16k=
Profit (loss) carried forward14€25k€621▼
Amounts payable17/49€183k€188k▲
Amounts payable within one year42/48€183k€188k▲
Trade debts44€6k€22k▲
Suppliers440/4€6k€22k▲
Taxes, remuneration and social security45€46k€20k▼
Taxes450/3€46k€20k▼
Other amounts payable47/48€131k€145k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€575€229▼
Gross operating margin9900€165k€173k▲
Operating profit (loss)9901€162k€170k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€160k€168k▲
Income taxes67/77€41k€56k▲
Profit (loss) for the period9904€119k€112k▼
Profit (loss) for the period to be appropriated9905€119k€112k▼
Appropriation of the result
Profit (loss) to be appropriated9906€125k€137k▲
Profit (loss) brought forward from the previous period14P€6k€25k▲
Profit to be distributed694/7€100k€136k▲
Return on contributions (dividend)694€100k€136k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
01-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 32 days late
2024
31-12
Financial
Highest result since 2018net €119k ▲62.8%
Net result €119k, the highest in the series.
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-09
Financial
Liquidity times 5current ratio 6.45
Current ratio from 1.30 to 6.45; short-term debt falls from €80k to €14k.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 92 days late
2019
30-09
Financial
Liquidity doublescurrent ratio 1.73
Current ratio from 0.83 to 1.73; short-term debt falls from €63k to €51k.
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 52 days late
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 74 days late
2017
18-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are 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, Watermaal-Bosvoorde · 1 establishment unit since 2014
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.
Berkenlaan 131170 Watermaal-BosvoordeGround area
340 m²
Building footprint
85 m²
Volume, LiDAR
578 m³
Parcel 21017D0373/00Y000, Brussels · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Nicolas Delvoie Avocat
since 20142.225.842.271
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21017D0373/00Y000 | Brussels | 340 m² | 1 · 85 m² | 10.8 m · 3 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.
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Of 22,055 companies in sector 69101 we hold annual accounts for 9,053. 6,855 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-01-2014
Fiscal year end31-12
Activities, NACEBEL
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.