TWELVE LAW
ActiveSummary
TWELVE LAW has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.52M and a net result of €320k. Equity is growing by ~48% per year across the filed fiscal years. Its solvency ranks better than 67% of 3291 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▼-7
Solvency88▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity ample (current ratio 4.16 against 3.41 in 2024; short-term debt: 17.3% and cash: 51.9% of total assets), and 36.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 →
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
63.2%
Return on assets
13.3%
Age of the figures
9 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
on the day
2024
57 d late
2023
125 d late
2022
29 d late
2021
337 d late
2020
107 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€320k▼ 18.4%
2024 · €392k
2020: €69k
2021: €127k
2022: €324k
2023: €282k
2024: €392k
2020 → 2025
Working capital
€1.31M▲ 32.5%
2024 · €992k
2020: €74k
2021: €143k
2022: €342k
2023: €597k
2024: €992k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€201k-€525k▲ 161%€808k▲ 53.8%€1.20M▲ 48.5%€1.52M▲ 26.7%
Operating result€170k-€444k▲ 161%€416k▼ 6.3%€543k▲ 30.7%€487k▼ 10.3%
Net result€127k-€324k▲ 155%€282k▼ 12.9%€392k▲ 38.8%€320k▼ 18.4%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 10% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.41M
Fixed assets
€676k ▼ 4.4%
Current assets
€1.73M ▲ 23.3%
Equity and liabilities €2.41M
Equity
€1.52M ▲ 26.7%
Debt
€886k ▼ 2.7%
Debt's share of the balance-sheet total falls from 43.1% to 36.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€521k▼
2024 · €576k
Cash flow
€353k▼
2024 · €425k
Current ratio
4.16▲
2024 · 3.41
Debt to equity
0.58▼
2024 · 0.76
ROE
21.1%▼
2024 · 32.7%
ROA
13.3%▼
2024 · 18.6%
Interest coverage
33.14▼
2024 · 34.41
Debt ≤ 1 year
€416k▲
2024 · €411k
Debt > 1 year
€470k▼
2024 · €499k
Income taxes
€172k▲
2024 · €147k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.11M€2.41M▲
Fixed assets21/28€707k€676k▼
Tangible fixed assets22/27€707k€676k▼
Land and buildings22€678k€656k▼
Furniture and vehicles24€29k€20k▼
Current assets29/58€1.40M€1.73M▲
Amounts receivable within one year40/41€344k€477k▲
Trade receivables40€30k€46k▲
Other amounts receivable41€314k€431k▲
Cash at bank and in hand54/58€1.06M€1.25M▲
Deferred charges and accrued income490/1€667€4k▲
Equity and liabilities
Total equity and liabilities10/49€2.11M€2.41M▲
Equity10/15€1.20M€1.52M▲
Contributions10/11€5k€5k=
Reserves13€1.19M€1.52M▲
Distributable reserves133€1.19M€1.52M▲
Profit (loss) carried forward14€99€45▼
Amounts payable17/49€910k€886k▼
Amounts payable after more than one year17€499k€470k▼
Financial debts170/4€499k€470k▼
Amounts payable within one year42/48€411k€416k▲
Current portion of amounts payable after more than one year42€29k€29k▲
Trade debts44€55k€15k▼
Suppliers440/4€55k€15k▼
Taxes, remuneration and social security45€327k€372k▲
Taxes450/3€327k€372k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€33k▲
Other operating charges640/8€9k€11k▲
Gross operating margin9900€585k€532k▼
Operating profit (loss)9901€543k€487k▼
Financial income75/76B€12k€20k▲
Recurring financial income75€12k€20k▲
Financial charges65/66B€17k€16k▼
Recurring financial charges65€17k€16k▼
Profit (loss) for the period before taxes9903€539k€492k▼
Income taxes67/77€147k€172k▲
Profit (loss) for the period9904€392k€320k▼
Profit (loss) for the period to be appropriated9905€392k€320k▼
Appropriation of the result
Profit (loss) to be appropriated9906€392k€320k▼
Profit (loss) brought forward from the previous period14P€379€99▼
Transfer to equity691/2€392k€320k▼
To other reserves6921€392k€320k▼
The notes to these accounts (11 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 57 days late
2024
31-12
Financial
Highest result since 2020net €392k ▲38.8%
Operating result €543k, net result €392k, both a record.
31-12
Financial
Equity above €1MEq €1.20M ▲48.5%
5 profitable years in a row build equity to €1.20M.
03-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 125 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
03-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 337 days late
2022
31-12
Financial
Equity above €500kEq €525k ▲161%
3 profitable years in a row build equity to €525k.
2021
31-12
Financial
Equity above €200kEq €201k ▲172%
2 profitable years in a row build equity to €201k.
15-04
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.
Directors · office · real estate
Directors
3 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-Pieters-Woluwe · 1 establishment unit since 2020
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.
Tervurenlaan 3021150 Sint-Pieters-WoluweGround area
1,494 m²
Building footprint
737 m²
Volume, LiDAR
17,113 m³
Parcel 21684B0002/00S011, Brussels · tallest building 28.8 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
TWELVE LAW
since 20202.298.193.482
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21684B0002/00S011 | Brussels | 1,494 m² | 1 · 737 m² | 28.8 m · 8 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.
Similar companies · same sector, comparable size
DIMNICK
BE 0472.835.804
Hasselt · Eq €1.54M
NEXTGEN INVEST
BE 0465.056.996
Opwijk · Eq €1.50M
AN VAN DAMME
BE 0479.174.159
Meise · Eq €1.49M
Neirynck - De Neve
BE 0459.883.631
Aalter · Eq €1.56M
DRS BELGIUM
BE 0452.511.928
Brussel · Eq €1.48M
Of 2,762 companies in sector 69109 we hold annual accounts for 1,208. 442 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
69109Other legal services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.