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VS LAW

Active
Private limited companyfounded 20206 yrs activeTerhulpsesteenweg 177, 1170 Watermaal-Bosvoorde, BelgiumKBO/BCE: BE 0745.607.920

VS LAW has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €80k and a net result of €15k. Equity is growing by ~37.5% per year across the filed fiscal years. Its solvency ranks better than 56% of 12501 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
75 / 100
Excellent▼ -25 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability95▼-5
Solvency99▲+3
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.36 against 1.9 in 2024), and 38.1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
61.9%
Return on assets
11.8%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-01-2026, 5 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
5 d early
2024
9 d early
2023
9 d early
2022
1 d early
2021
26 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close07-09-2026 today31-01-2027 deadline
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

Financials · fiscal year 2025, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€15k▼ 52.2%
2024 · €32k
2021: €15k 2022: €8k 2023: €13k 2024: €32k
2021 → 2025
Working capital
€58k▲ 67.1%
2024 · €35k
2021: €11k 2022: €20k 2023: €11k 2024: €35k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€20k-€27k▲ 38.1%€40k▲ 47.2%€65k▲ 62.4%€80k▲ 22.0%
Operating result€21k-€10k▼ 51.2%€17k▲ 65.9%€42k▲ 150%€55k▲ 29.5%
Net result€15k-€8k▼ 49.0%€13k▲ 71.0%€32k▲ 147%€15k▼ 52.2%
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2021: €21k€21kNet result 2021: €15k€15kOperating result 2022: €10k€10kNet result 2022: €8k€8kOperating result 2023: €17k€17kNet result 2023: €13k€13kOperating result 2024: €42k€42kNet result 2024: €32k€32kOperating result 2025: €55k€55kNet result 2025: €15k€15k20212022202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 29% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €129k
Fixed assets €28k▼ 28.7%
Current assets €101k▲ 37.0%
Equity and liabilities €129k
Equity €80k▲ 22.0%
Debt €49k▲ 3.7%
The debt ratio falls from 42.0% to 38.1%: equity grows faster than debt.
Key figures and ratios
2025 value · change against 2024
EBITDA
€68k
2024 · €54k
Cash flow
€29k
2024 · €44k
Solvency
61.9%
2024 · 58.0%
Current ratio
2.36
2024 · 1.90
Quick ratio
2.36
2024 · 1.90
Debt / equity
0.62
2024 · 0.73
ROE
19.1%
2024 · 48.7%
ROA
11.8%
2024 · 28.3%
Interest coverage
1.33
2024 · 49.28
Debt
€49k
2024 · €47k
Debt ≤ 1 year
€43k
2024 · €39k
Debt > 1 year
€6k
2024 · €8k
Income taxes
€5k
2024 · €9k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€113k€129k
Fixed assets21/28€39k€28k
Tangible fixed assets22/27€39k€28k
Furniture and vehicles24€7k€6k
Leasing and similar rights25€11k€3k
Other tangible fixed assets26€21k€19k
Current assets29/58€74k€101k
Amounts receivable within one year40/41€22k€45k
Trade receivables40€22k€45k
Other amounts receivable41€58€0
Cash at bank and in hand54/58€51k€55k
Deferred charges and accrued income490/1€916€1k
Equity and liabilities
Total equity and liabilities10/49€113k€129k
Equity10/15€65k€80k
Contributions10/11€10k€10k=
Reserves13€15k€15k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Distributable reserves133€14k€14k=
Profit (loss) carried forward14€41k€55k
Amounts payable17/49€47k€49k
Amounts payable after more than one year17€8k€6k
Financial debts170/4€8k€6k
Amounts payable within one year42/48€39k€43k
Current portion of amounts payable after more than one year42€6k€2k
Trade debts44€4k€4k
Suppliers440/4€4k€4k
Taxes, remuneration and social security45€28k€12k
Taxes450/3€28k€12k
Other amounts payable47/48€122€25k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€14k
Other operating charges640/8€846€680
Gross operating margin9900€55k€69k
Operating profit (loss)9901€42k€55k
Financial income75/76B-€17k
Recurring financial income75-€17k
Financial charges65/66B€1k€52k
Recurring financial charges65€1k€52k
Profit (loss) for the period before taxes9903€41k€20k
Income taxes67/77€9k€5k
Profit (loss) for the period9904€32k€15k
Profit (loss) for the period to be appropriated9905€32k€15k
Appropriation of the result
Profit (loss) to be appropriated9906€52k€56k
Profit (loss) brought forward from the previous period14P€20k€41k
Profit to be distributed694/7€12k€833
Return on contributions (dividend)694€12k€833

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
26-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
22-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial Highest result since 2021net €32k ▲147%
Net result €32k, the highest in the series.
22-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial Weakest financial yearnet €8k ▼49%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
05-01
NBB filing Annual accounts filed
fiscal year 2021 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is 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, Watermaal-Bosvoorde · 1 establishment unit since 2020
exact location from the address register On OpenStreetMap
Ground area
5,127 m²
Building footprint
1,510 m²
Volume, LiDAR
23,163 m³
Parcel 21652E0039/00H003, Brussels · tallest building 36.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VS LAW
Terhulpsesteenweg 177, 1170 Watermaal-BosvoordeActivities of lawyers
since 20202.300.697.072
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21652E0039/00H003 Brussels 5,127 m² 1 · 1,510 m² 36.3 m · 1 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

Of 22,002 companies in sector 69101 we hold annual accounts for 9,007. 7,491 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded24-03-2020
Fiscal year end30-06
Activities, NACEBEL
69101Activities of lawyers
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 07-09-2026. Scores and ratios are computed by Checked and are not a credit decision.