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uLaw

Active
Private limited companyfounded 20188 yrs activeTerhulpsesteenweg 185, 1170 Watermaal-Bosvoorde, BelgiumKBO/BCE: BE 0696.639.548
Summary

The computed 12-month bankruptcy probability of uLaw is 15.0% (high). For uLaw, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€129,288) and a net result of -€120,724. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
uLawActive
Risk analysis ReportCompare

Overview

What they do
Activity not known2 sites
How big
€67,827total assets 2022
Equity
-€129,288
Loss
-€120,724
Financially healthy?
Bankruptcy chance 12 m
15.0%
2022 figures too old to score
Who decides
Accounts 793 d overdue0 of 5 deeds read
Signals- Figures for FY 2022 (filed 04-10-2023)- 3 financial years not filed after the legal deadline; latest accounts 59 days late; 3 of the last 3 late- No filing in 24 months (latest 04-10-2023)- Two or more financial years not filed+ Size: total assets €67,827Filed after the deadlineShow the evidence

Checked score

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2021
Weak
Solvency 0-21
equity -190.6% of total assets
Liquidity 36-17
short-term debt 125.8% · cash 28.9%
Profitability 0=
return on assets -178.0%
Bankruptcy probability, 12 months
15.0% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).

  • Figures for FY 2022 (filed 04-10-2023) raises the probability
  • 3 financial years not filed after the legal deadline; latest accounts 59 days late; 3 of the last 3 late raises the probability
  • No filing in 24 months (latest 04-10-2023) raises the probability
  • Size: total assets €67,827 lowers the probability for this profile
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2022 (filed 04-10-2023)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 3 financial years not filed after the legal deadline; latest accounts 59 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · No filing in 24 months (latest 04-10-2023)
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Size: total assets €67,827
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filings
Position against the passed deadline
31-12-2023 close31-07-2024 deadline02-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 28-09-2023, 59 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 · 4 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
59 d late
2021
89 d late
2020
31 d late
2019
37 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 36 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · 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
  1. Annual accounts filedfiscal year 2022 · full…
  2. Annual accounts filedfiscal year 2021 · full…
  3. Weakest financial yearnet -€177,602

Key points

  • Risk: Accounts not fileddeadline was 31-07-2024 793 d late View
  • Risk: Negative equityfiscal year 2022: debts exceed assets -€129,288 View
  • Risk: 4 loss-making years in a rowloss fiscal year 2022 -€120,724 View
  • Caution: Equity fell in 2022from -€8,564 to -€129,288 ▼ 1,410% View

By topic

Financials

Fiscal year
2022
Total assets
€67,827
Loss
-€120,724
Solvency
-190.6%
Total assets▼ 66.9%
Net result
20192022
Go to Financials

Timeline

Events
6
Since
2020
  1. 28-09-2023Annual accounts filed
  2. 28-10-2022Annual accounts filed
  3. 31-12-2021Weakest financial year
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Founded
18-05-2018
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Go further with this company

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