PHIL LAW
ActivePHIL LAW has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €564k and a net result of €169k. Equity is growing by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 84% of 19356 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability98▲+4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 4.6 against 4.45 in 2023; short-term debt: 16% and cash: 4% of total assets), and 20.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
79.4%
Return on assets
23.8%
Age of the figures
21 mo
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-08-2025, 9 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
9 d late
2023
41 d early
2022
on the day
2021
32 d early
2020
37 d early
2020
63 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€564k▲ 24.8%
2023 · €452k
2019: €405k
2020: €461k
2020: €201k
2021: €273k
2022: €370k
2023: €452k
2019 → 2024
Total assets
€711k▲ 29.0%
2023 · €551k
2019: €818k
2020: €2.36M
2020: €537k
2021: €470k
2022: €532k
2023: €551k
2019 → 2024
Net result
€169k▲ 49.7%
2023 · €113k
2019: €30k
2020: €57k
2020: €-30k
2021: €136k
2022: €130k
2023: €113k
2019 → 2024
Working capital
€409k▲ 20.4%
2023 · €339k
2019: €442k
2020: €-1.66M
2020: €65k
2021: €149k
2022: €256k
2023: €339k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€201k-€273k▲ 36.0%€370k▲ 35.6%€452k▲ 22.2%€564k▲ 24.8%
Operating result€440k-€202k▼ 54.2%€195k▼ 3.3%€167k▼ 14.3%€243k▲ 45.1%
Net result€-30k-€136k€130k▼ 4.3%€113k▼ 13.4%€169k▲ 49.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 45% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €711k
Fixed assets
€189k▲ 67.0%
Current assets
€522k▲ 19.2%
Equity and liabilities €711k
Equity
€564k▲ 24.8%
Debt
€146k▲ 48.2%
The debt ratio rises from 17.9% to 20.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€255k▲
2023 · €180k
Cash flow
€182k▲
2023 · €126k
Solvency
79.4%▼
2023 · 82.1%
Current ratio
4.60▲
2023 · 4.45
Quick ratio
4.60▲
2023 · 4.45
Debt / equity
0.26▲
2023 · 0.22
ROE
29.9%▲
2023 · 25.0%
ROA
23.8%▲
2023 · 20.5%
Interest coverage
110.21▼
2023 · 1142.62
Debt
€146k▲
2023 · €99k
Debt ≤ 1 year
€113k▲
2023 · €98k
Debt > 1 year
€33k
Income taxes
€71k▲
2023 · €54k
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€551k€711k▲
Fixed assets21/28€113k€189k▲
Tangible fixed assets22/27€13k€89k▲
Furniture and vehicles24€13k€68k▲
Other tangible fixed assets26-€21k
Financial fixed assets28€100k€100k=
Current assets29/58€438k€522k▲
Amounts receivable within one year40/41€387k€493k▲
Trade receivables40€51k€66k▲
Other amounts receivable41€336k€427k▲
Cash at bank and in hand54/58€49k€29k▼
Deferred charges and accrued income490/1€2k€668▼
Equity and liabilities
Total equity and liabilities10/49€551k€711k▲
Equity10/15€452k€564k▲
Contributions10/11€19k€19k=
Reserves13€434k€546k▲
Distributable reserves133€434k€546k▲
Profit (loss) carried forward14€0€0▲
Amounts payable17/49€99k€146k▲
Amounts payable after more than one year17-€33k
Financial debts170/4-€33k
Amounts payable within one year42/48€98k€113k▲
Current portion of amounts payable after more than one year42-€9k
Trade debts44€3k€252▼
Suppliers440/4€3k€252▼
Taxes, remuneration and social security45€67k€50k▼
Taxes450/3€67k€50k▼
Other amounts payable47/48€29k€54k▲
Accrued charges and deferred income492/3€248-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k▼
Other operating charges640/8€2k€4k▲
Gross operating margin9900€182k€259k▲
Operating profit (loss)9901€167k€243k▲
Financial income75/76B€21€32▲
Recurring financial income75€21€32▲
Financial charges65/66B€158€2k▲
Recurring financial charges65€158€2k▲
Profit (loss) for the period before taxes9903€167k€240k▲
Income taxes67/77€54k€71k▲
Profit (loss) for the period9904€113k€169k▲
Profit (loss) for the period to be appropriated9905€113k€169k▲
Appropriation of the result
Profit (loss) to be appropriated9906€113k€169k▲
Profit (loss) brought forward from the previous period14P€7€0▼
Transfer from equity791/2€30k€56k▲
Transfer to equity691/2€112k€168k▲
To other reserves6921€112k€168k▲
Profit to be distributed694/7€31k€57k▲
Return on contributions (dividend)694€31k€57k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 9 days late
2024
31-12
Financial
Highest result since 2019net €169k ▲49.7%
Net result €169k, the highest in the series.
31-12
Financial
Equity above €500kEq €564k ▲24.8%
4 profitable years in a row build equity to €564k.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €136k
Net result €136k after one loss-making year.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-30k ▼153%
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 746current ratio 1.19
Current ratio from 0.00 to 1.19; short-term debt falls from €1.66M to €336k.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
11-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 11 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Lasne · 1 establishment unit since 2007
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.
Chemin du Boiteux 141380 LasneGround area
1,786 m²
Building footprint
279 m²
Volume, LiDAR
1,389 m³
Parcel 25076F0311/00F000, Wallonia · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Chemin du Boiteux 14, 1380 Lasne
since 20072.259.023.201
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25076F0311/00F000 | Wallonia | 1,786 m² | 1 · 279 m² | 8.7 m · 2 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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IMMO LIGIS
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ASSOCIATION FREDERIC OZANAM
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KRIST IMMO
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Of 11,749 companies in sector 68310 we hold annual accounts for 6,907. 4,449 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-10-2007
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.