WARLAW
ActiveSummary
For WARLAW, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €147,723 and a net result of €57,243. Equity is growing by ~39.4% per year across the filed fiscal years. Its solvency ranks better than 66% of 1666 sector peers (fiscal year 2023). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability95▲+19
Solvency78▲+13
Growth52=
Track record94
Bankruptcy probability, 12 months
0.7%
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
53.2%
Return on assets
20.6%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 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 · 3 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 05-10-2024, 66 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 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
66 d late
2022
31 d late
2021
29 d late
← 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 42 days after 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 (1)
History
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Financials · fiscal year 2023, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€57,243▲ 309%
2022 · €14,000
Working capital
€50,806▲ 52.8%
2022 · €33,243
Trend over the years
Click a name to add, emphasise or remove a line.Band: 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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202120222023
Operating result€92,805-€19,358▼ 79.1%€76,987▲ 298%
Net result€73,480within the sector's middle half-€14,000within the sector's middle half▼ 80.9%€57,243within the sector's middle half▲ 309%
Equity€76,480within the sector's middle half-€90,480within the sector's middle half▲ 18.3%€147,723within the sector's middle half▲ 63.3%
Total assets€145,731below the sector's middle half-€228,004below the sector's middle half▲ 56.5%€277,586below the sector's middle half▲ 21.7%
Debt€69,251-€137,525▲ 98.6%€129,864▼ 5.6%
Working capital€71,228within the sector's middle half-€33,243within the sector's middle half▼ 53.3%€50,806within the sector's middle half▲ 52.8%
Solvency52.5%within the sector's middle half-39.7%within the sector's middle half▼ 12.8pp53.2%within the sector's middle half▲ 13.5pp
Current ratio2.03within the sector's middle half-1.58within the sector's middle half▼ 0.451.83within the sector's middle half▲ 0.26
Return on assets (ROA)50.4%above the sector's middle half-6.1%within the sector's middle half▼ 44.3pp20.6%above the sector's middle half▲ 14.5pp
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.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2023; 2023 is 298% above 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €277,586
Fixed assets
€165,878 ▲ 20.9%
Current assets
€111,708 ▲ 23.1%
Equity and liabilities €277,586
Equity
€147,723 ▲ 63.3%
Debt
€129,864 ▼ 5.6%
Debt's share of the balance-sheet total falls from 60.3% to 46.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€107,663▲
2022 · €43,034
Cash flow
€87,919▲
2022 · €37,676
Debt to equity
0.88▼
2022 · 1.52
ROE
38.8%▲
2022 · 15.5%
Interest coverage
40.57▼
2022 · 51.41
Debt ≤ 1 year
€60,902▲
2022 · €57,525
Debt > 1 year
€68,961▼
2022 · €80,000
Income taxes
€17,101▲
2022 · €4,525
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €556 | €23,677 | €30,676 | ▲ 29.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €1,978 | - | - | - |
| Other operating charges640/8 | €695 | - | - | - |
| Gross operating margin9900 | €96,034 | €43,034 | €107,663 | ▲ 150% |
| Operating profit (loss)9901 | €92,805 | €19,358 | €76,987 | ▲ 298% |
| Financial income75/76B | €9 | €4 | €11 | ▲ 143% |
| Recurring financial income75 | €9 | €4 | €11 | ▲ 143% |
| Financial charges65/66B | €145 | €837 | €2,654 | ▲ 217% |
| Recurring financial charges65 | €145 | €837 | €2,654 | ▲ 217% |
| Profit (loss) for the period before taxes9903 | €92,668 | €18,525 | €74,344 | ▲ 301% |
| Income taxes67/77 | €19,188 | €4,525 | €17,101 | ▲ 278% |
| Profit (loss) for the period9904 | €73,480 | €14,000 | €57,243 | ▲ 309% |
| Profit (loss) for the period to be appropriated9905 | €73,480 | €14,000 | €57,243 | ▲ 309% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €145,731 | €228,004 | €277,586 | ▲ 21.7% |
| Fixed assets21/28 | €5,252 | €137,237 | €165,878 | ▲ 20.9% |
| Intangible fixed assets21 | - | €128,565 | €107,130 | ▼ 16.7% |
| Tangible fixed assets22/27 | €2,752 | €6,172 | €56,248 | ▲ 811% |
| Furniture and vehicles24 | €2,752 | €6,172 | €56,248 | ▲ 811% |
| Financial fixed assets28 | €2,500 | €2,500 | €2,500 | = |
| Current assets29/58 | €140,479 | €90,767 | €111,708 | ▲ 23.1% |
| Amounts receivable within one year40/41 | €33,972 | €18,984 | €62,965 | ▲ 232% |
| Trade receivables40 | €33,557 | €18,984 | €62,965 | ▲ 232% |
| Other amounts receivable41 | €415 | - | - | - |
| Cash at bank and in hand54/58 | €91,507 | €56,083 | €35,244 | ▼ 37.2% |
| Deferred charges and accrued income490/1 | €15,000 | €15,700 | €13,500 | ▼ 14.0% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €145,731 | €228,004 | €277,586 | ▲ 21.7% |
| Equity10/15 | €76,480 | €90,480 | €147,723 | ▲ 63.3% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €73,480 | €87,480 | €144,723 | ▲ 65.4% |
| Amounts payable17/49 | €69,251 | €137,525 | €129,864 | ▼ 5.6% |
| Amounts payable after more than one year17 | - | €80,000 | €68,961 | ▼ 13.8% |
| Financial debts170/4 | - | - | €40,961 | - |
| Other amounts payable178/9 | - | €80,000 | €28,000 | ▼ 65.0% |
| Amounts payable within one year42/48 | €69,251 | €57,525 | €60,902 | ▲ 5.9% |
| Current portion of amounts payable after more than one year42 | - | - | €11,212 | - |
| Trade debts44 | €43,077 | €13,506 | €17,408 | ▲ 28.9% |
| Suppliers440/4 | €43,077 | €13,506 | €17,408 | ▲ 28.9% |
| Taxes, remuneration and social security45 | €24,754 | €35,391 | €30,985 | ▼ 12.5% |
| Taxes450/3 | €24,754 | €35,391 | €30,985 | ▼ 12.5% |
| Other amounts payable47/48 | €1,420 | €8,627 | €1,297 | ▼ 85.0% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €73,480 | €14,000 | €57,243 | ▲ 309% |
| + Depreciation and write-downs630 | €556 | €23,677 | €30,676 | ▲ 29.6% |
| Operating cash flow (approximation) | €74,036 | €37,676 | €87,919 | ▲ 133% |
| Investment in fixed assets (approximation) | - | -€155,662 | -€59,317 | ▲ 61.9% |
| Change in cash | - | -€35,423 | -€20,839 | ▲ 41.2% |
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
2024
05-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 66 days late
2023
31-12
Financial
Equity above €100,000Eq €147,723 ▲63.3%
3 profitable years in a row build equity to €147,723.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €14,000 ▼80.9%
Net result drops to €14,000, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Brussel · 1 establishment unit since 2020
Ground area
1,451 m²
Building footprint
1,103 m²
Volume, LiDAR
23,695 m³
Parcel 21807G0121/00B008, Brussels · tallest building 30.6 m, ±7 floors. Linked by address, not a title deed.
75
companies at this address
See who is registered here
1 establishment unit
WARLAW
since 20202.309.668.384
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0121/00B008 | Brussels | 1,451 m² | 1 · 1,103 m² | 30.6 m · 7 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.
Similar companies · same sector, comparable size
DKM Law
BE 0785.535.593
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Thomas De Bie
BE 0744.761.149
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AVOBEL
BE 0754.897.451
Sint-Gillis (bij-Brussel) · Eq €147,776
X-Consulting
BE 0776.871.515
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VRL Fiscaal Advocaat
BE 1002.652.871
Leuven · Eq €147,595
Of 22,076 companies in sector 69101 we hold annual accounts for 9,061. 7,537 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
Founded13-11-2020
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
Contact
E-mail
f.warzee@maxwell-law.be
Phone
0492662845
E-invoicing
Reachable via Peppol
Peppol ID
0208:0758416175
Also
9925:BE0758416175
Registered
02-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.