RD LAW
ActiveSummary
RD LAW has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6,465 and a net result of €121,476. Equity is shrinking by ~24.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 7% of 12860 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency28▼-14
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
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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 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2025Solvency, return and age of the figures
Solvency
3%
Return on assets
56.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 12860 sector peers (2025).
NBB · sector comparisonPosition among 12860 sector peers
Solvency
better than 7%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-03-2026, 122 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
122 d early
2024
42 d early
2023
30 d early
2022
49 d early
2021
53 d early
2020
46 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 57 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 12 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€6,465▼ 74.1%
2024 · €24,989
Total assets
€216,088▲ 47.1%
2024 · €146,859
Net result
€121,476▲ 13.8%
2024 · €106,719
Working capital
-€13,816
2024 · €24,989
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€38,747▼ 38.8%€103,965▲ 168%€165,547▲ 59.2%€138,955▼ 16.1%€162,965▲ 17.3%
Net result€26,762within the sector's middle half▼ 45.4%€75,357above the sector's middle half▲ 182%€128,898above the sector's middle half▲ 71.0%€106,719above the sector's middle half▼ 17.2%€121,476above the sector's middle half▲ 13.8%
Equity€80,734within the sector's middle half▲ 49.6%€156,091within the sector's middle half▲ 93.3%€24,989below the sector's middle half▼ 84.0%€24,989below the sector's middle half=€6,465below the sector's middle half▼ 74.1%
Total assets€103,180within the sector's middle half▲ 23.6%€179,794within the sector's middle half▲ 74.3%€294,187within the sector's middle half▲ 63.6%€146,859within the sector's middle half▼ 50.1%€216,088within the sector's middle half▲ 47.1%
Debt€22,446▼ 23.9%€23,703▲ 5.6%€269,198▲ 1,036%€121,870▼ 54.7%€209,623▲ 72.0%
Working capital€72,907within the sector's middle half▲ 60.6%€148,929within the sector's middle half▲ 104%€21,582within the sector's middle half▼ 85.5%€24,989within the sector's middle half▲ 15.8%-€13,816below the sector's middle half
Solvency78.2%above the sector's middle half▲ 13.6pp86.8%above the sector's middle half▲ 8.6pp8.5%below the sector's middle half▼ 78.3pp17.0%below the sector's middle half▲ 8.5pp3.0%below the sector's middle half▼ 14.0pp
Current ratio7.94above the sector's middle half▲ 2.468.72above the sector's middle half▲ 0.791.08below the sector's middle half▼ 7.641.21below the sector's middle half▲ 0.120.92below the sector's middle half▼ 0.28
Return on assets (ROA)25.9%within the sector's middle half▼ 32.7pp41.9%above the sector's middle half▲ 16.0pp43.8%above the sector's middle half▲ 1.9pp72.7%above the sector's middle half▲ 28.9pp56.2%above the sector's middle half▼ 16.5pp
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
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 2025; 2025 is 17% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €216,088
Fixed assets
€46,417
Current assets
€169,670
Equity and liabilities €216,088
Equity
€6,465 ▼ 74.1%
Debt
€209,623 ▲ 72.0%
Debt's share of the balance-sheet total rises from 83.0% to 97.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€172,426▲
2024 · €142,362
Cash flow
€130,937▲
2024 · €110,127
Debt to equity
32.43▲
2024 · 4.88
Interest coverage
59.23▼
2024 · 132.81
Debt ≤ 1 year
€183,486▲
2024 · €121,870
Debt > 1 year
€26,054
Income taxes
€38,579▲
2024 · €31,164
A ratio outside any meaningful range has been withheld (balance sheet total €216,088, equity €6,465).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,153 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,153 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,178 | €8,178 | €8,178 | €3,407 | €9,461 | ▲ 178% |
| Other operating charges640/8 | €369 | €376 | €421 | €295 | €6,393 | ▲ 2,067% |
| Gross operating margin9900 | €47,294 | €112,519 | €174,145 | €142,657 | €178,819 | ▲ 25.3% |
| Operating profit (loss)9901 | €38,747 | €103,965 | €165,547 | €138,955 | €162,965 | ▲ 17.3% |
| Financial charges65/66B | €456 | €390 | €658 | €1,072 | €2,911 | ▲ 172% |
| Recurring financial charges65 | €456 | €390 | €658 | €1,072 | €2,911 | ▲ 172% |
| Profit (loss) for the period before taxes9903 | €38,292 | €103,575 | €164,889 | €137,883 | €160,054 | ▲ 16.1% |
| Income taxes67/77 | €11,529 | €28,218 | €35,991 | €31,164 | €38,579 | ▲ 23.8% |
| Profit (loss) for the period9904 | €26,762 | €75,357 | €128,898 | €106,719 | €121,476 | ▲ 13.8% |
| Profit (loss) for the period to be appropriated9905 | €26,762 | €75,357 | €128,898 | €106,719 | €121,476 | ▲ 13.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €103,180 | €179,794 | €294,187 | €146,859 | €216,088 | ▲ 47.1% |
| Fixed assets21/28 | €19,763 | €11,585 | €3,407 | - | €46,417 | - |
| Tangible fixed assets22/27 | €19,763 | €11,585 | €3,407 | - | €46,417 | - |
| Furniture and vehicles24 | €19,763 | €11,585 | €3,407 | - | €46,417 | - |
| Current assets29/58 | €83,418 | €168,209 | €290,780 | €146,859 | €169,670 | ▲ 15.5% |
| Amounts receivable within one year40/41 | €6,856 | €23 | €1,464 | €20,737 | €25,270 | ▲ 21.9% |
| Trade receivables40 | €6,856 | - | - | - | - | - |
| Other amounts receivable41 | - | €23 | €1,464 | €20,737 | €25,270 | ▲ 21.9% |
| Cash at bank and in hand54/58 | €75,155 | €165,930 | €288,091 | €124,837 | €144,001 | ▲ 15.4% |
| Deferred charges and accrued income490/1 | €1,407 | €2,256 | €1,225 | €1,285 | €400 | ▼ 68.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €103,180 | €179,794 | €294,187 | €146,859 | €216,088 | ▲ 47.1% |
| Equity10/15 | €80,734 | €156,091 | €24,989 | €24,989 | €6,465 | ▼ 74.1% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €75,734 | €151,091 | €19,989 | €19,989 | €1,465 | ▼ 92.7% |
| Amounts payable17/49 | €22,446 | €23,703 | €269,198 | €121,870 | €209,623 | ▲ 72.0% |
| Amounts payable after more than one year17 | €11,936 | €4,422 | - | - | €26,054 | - |
| Financial debts170/4 | €11,936 | €4,422 | - | - | €26,054 | - |
| Amounts payable within one year42/48 | €10,510 | €19,281 | €269,198 | €121,870 | €183,486 | ▲ 50.6% |
| Current portion of amounts payable after more than one year42 | €7,430 | €7,514 | €4,422 | - | €7,706 | - |
| Trade debts44 | €30 | €33 | €142 | €42 | €393 | ▲ 835% |
| Suppliers440/4 | €30 | €33 | €142 | €42 | €393 | ▲ 835% |
| Taxes, remuneration and social security45 | €2,930 | €11,350 | €43,199 | €21,881 | €29,612 | ▲ 35.3% |
| Taxes450/3 | €2,930 | €11,350 | €41,199 | €19,131 | €29,612 | ▲ 54.8% |
| Remuneration and social security454/9 | - | - | €2,000 | €2,750 | - | - |
| Other amounts payable47/48 | €120 | €384 | €221,435 | €99,947 | €145,775 | ▲ 45.9% |
| Accrued charges and deferred income492/3 | - | - | - | - | €82 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26,762 | €75,357 | €128,898 | €106,719 | €121,476 | ▲ 13.8% |
| + Depreciation and write-downs630 | €8,178 | €8,178 | €8,178 | €3,407 | €9,461 | ▲ 178% |
| Operating cash flow (approximation) | €34,940 | €83,535 | €137,075 | €110,127 | €130,937 | ▲ 18.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - |
| Change in cash | - | €90,775 | €122,161 | -€163,253 | €19,163 | ▲ 112% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2020net €128,898 ▲71%
Operating result €165,547, net result €128,898, both a record.
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150,000Eq €156,091 ▲93.3%
3 profitable years in a row build equity to €156,091.
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €26,762 ▼45.4%
Net result drops to €26,762, the lowest in the series; recovery starts the following year.
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Sint-Jans-Molenbeek · 1 establishment unit since 2019
Ground area
173 m²
Building footprint
102 m²
Volume, LiDAR
1,077 m³
Parcel 21012A0106/00C002, Brussels · tallest building 17.0 m, ±4 floors. Linked by address, not a title deed.
12
companies at this address
See who is registered here
1 establishment unit
ROMAIN DELCOIGNE AVOCAT SPRL
since 20192.289.975.703
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21012A0106/00C002 | Brussels | 173 m² | 1 · 102 m² | 16.9 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
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 22,057 companies in sector 69101 we hold annual accounts for 9,058. 3,649 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-06-2019
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
E-invoicing
Reachable via Peppol
Peppol ID
0208:0727729236
Also
9925:BE0727729236
Registered
14-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.