REAL LAW

Active

Private limited companyfounded 20233 yrs activeEdmond Van Nieuwenhuyselaan 30, 1160 Oudergem, BelgiumKBO/BCE: BE 0802.638.970

Summary

The annual accounts of REAL LAW for fiscal year 2025 show a net loss of 90% of the equity at the start of that year. The 2025 annual accounts show equity of €1,461 and a net result of -€13,539. Equity is shrinking by ~121.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 5% of 14009 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (low).

Risk analysisWatch Report Compare

REAL LAWActiveChecked score 52/100

Risk analysis Report Compare

Activity

Activities of lawyers

NACE 69101

1 site

Size

€120,780total assets 2025

Equity: €1,461
Loss: -€13,539

Turnover not published (abridged schema)

Financial health

52 Fair Checked score 2025

Bankruptcy chance 12 m: 0.5%

Structure

Accounts filed 18 d late1 of 3 deeds read

Why 52Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year- 1 change of registered office in 24 months- Loss of €13,539 (FY 2025)+ Sector Legal and accounting activities (NACE 69)+ Figures for FY 2025 (filed 18-08-2026)Show the evidence

Checked score

Score 2025

52 / 100

Fair

Probability in this band: 1.5% to 4.2%

Better than 4% of its sector peers (NACE 69, micro)

Performance against the sector, not lower risk

A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that weighs is under Signals.

Financial strength · tick = 2024

Weak

Solvency 26-5

equity 1.2% of total assets

Liquidity 12-34

short-term debt 98.8% · cash 9.6%

Profitability 5-76

return on assets -11.2%

Bankruptcy probability, 12 months

0.5% Low

0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (19,732 companies)

Last 4 months 07-2026: 0.1%lowest value 08-2026: 0.4%▲ +425% vs 07-2026 09-2026: 0.5%▲ +43.1% vs 08-2026highest value 10-2026: 0.5%● 0.0% vs 09-2026highest value

Sector Legal and accounting activities (NACE 69) lowers the probability
1 change of registered office in 24 months raises the probability
Loss of €13,539 (FY 2025) raises the probability
Figures for FY 2025 (filed 18-08-2026) lowers the probability

No publishable credit limit; credit only on tighter terms

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity tight (current ratio 1.01 against 1.06 in 2024; short-term debt: 98.8% and cash: 9.6% of total assets), and 98.8% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 69, micro). Better than this share of them on solvency 6%, liquidity 3%, profitability 3%, growth against the median 4%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

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

−lowers risk+raises risk○neutral

Sector Legal and accounting activities (NACE 69)

In the bankruptcy model this factor lowers the probability.

KBO

1 change of registered office in 24 months

In the bankruptcy model this factor raises the probability.

Belgian State Gazette

Loss of €13,539 (FY 2025)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Figures for FY 2025 (filed 18-08-2026)

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 14009 sector peers (2025).

NBB · sector comparison

Position among 14009 sector peers

Solvency

better than 5%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 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 · 3 filings

Deviation from the deadline

2025

18 d late

2024

43 d early

2023

5 d early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 10 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)

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 27 July (3 of the last 3 filed years within 39 days of that day).

Companies Code · seven months

Position in the running window

02-10-2026 today31-12-2026 close31-07-2027 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

18-08-26 Annual accounts filedfiscal year 2025 · micro…
27-07-26 Registered officeRegistered-office move
31-12-25 Weakest financial yearnet -€13,539

Key points

Caution: Among the weakest 5% on net resultsector median €37,570 · 14,010 companies -€13,539 View
Total assets 20253 fiscal years filed €120,780 View
Active since 2023founded 12-06-2023 3 years View