WAVE LAW
ActiveWAVE LAW has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14k and a net result of €12k. Equity is growing by ~38.5% per year across the filed fiscal years. Its solvency ranks better than 29% of 12637 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
83
/ 100
Excellent▼ -13 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency54▼-29
Growth78=
Stability82
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.2 against 1.37 in 2024), and 68.3% 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 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 · Young company
A young company has little track record yet and statistically fails more often than an established one.
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
31.7%
Return on assets
28.2%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 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
20 d late
2024
22 d late
2023
5 d early
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€14k▼ 3.4%
2024 · €14k
2023: €3k
2024: €14k
2023 → 2025
Total assets
€44k▲ 63.2%
2024 · €27k
2023: €10k
2024: €27k
2023 → 2025
Net result
€12k▲ 10.5%
2024 · €11k
2023: €2k
2024: €11k
2023 → 2025
Working capital
€6k▲ 32.5%
2024 · €5k
2023: €2k
2024: €5k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€3k-€14k▲ 349%€14k▼ 3.4%
Operating result€3k-€15k▲ 453%€16k▲ 8.5%
Net result€2k-€11k▲ 421%€12k▲ 10.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 9% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €44k
Fixed assets
€8k▼ 20.0%
Current assets
€36k▲ 111%
Equity and liabilities €44k
Equity
€14k▼ 3.4%
Debt
€30k▲ 140%
The debt ratio rises from 46.4% to 68.3%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€18k▲
2024 · €16k
Cash flow
€14k▲
2024 · €12k
Solvency
31.7%▼
2024 · 53.6%
Current ratio
1.20▼
2024 · 1.37
Quick ratio
1.20▼
2024 · 1.37
Debt / equity
2.15▲
2024 · 0.87
ROE
88.9%▲
2024 · 77.7%
ROA
28.2%▼
2024 · 41.7%
Interest coverage
70.65▲
2024 · 49.62
Debt
€30k▲
2024 · €12k
Debt ≤ 1 year
€30k▲
2024 · €12k
Income taxes
€4k▲
2024 · €3k
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€27k€44k▲
Fixed assets21/28€10k€8k▼
Tangible fixed assets22/27€8k€8k▼
Furniture and vehicles24€4k€3k▼
Other tangible fixed assets26€4k€5k▲
Financial fixed assets28€1k-
Current assets29/58€17k€36k▲
Amounts receivable within one year40/41€13k€14k▲
Trade receivables40€12k€11k▼
Other amounts receivable41€747€3k▲
Cash at bank and in hand54/58€4k€22k▲
Equity and liabilities
Total equity and liabilities10/49€27k€44k▲
Equity10/15€14k€14k▼
Contributions10/11€1k€1k=
Profit (loss) carried forward14€13k€13k▼
Amounts payable17/49€12k€30k▲
Amounts payable within one year42/48€12k€30k▲
Current portion of amounts payable after more than one year42€2k-
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Taxes, remuneration and social security45€7k€14k▲
Taxes450/3€7k€14k▲
Other amounts payable47/48-€13k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€791€2k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€378
Other operating charges640/8€789€559▼
Gross operating margin9900€16k€19k▲
Operating profit (loss)9901€15k€16k▲
Financial income75/76B€23€90▲
Recurring financial income75€23€90▲
Financial charges65/66B€314€251▼
Recurring financial charges65€314€251▼
Profit (loss) for the period before taxes9903€14k€16k▲
Income taxes67/77€3k€4k▲
Profit (loss) for the period9904€11k€12k▲
Profit (loss) for the period to be appropriated9905€11k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€13k€26k▲
Profit (loss) brought forward from the previous period14P€2k€13k▲
Profit to be distributed694/7-€13k
Return on contributions (dividend)694-€13k
The notes to these accounts (6 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
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
31-12
Financial
Highest result since 2023net €12k ▲10.5%
Operating result €16k, net result €12k, both a record.
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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 2023
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.
Franklin Rooseveltlaan 511050 BrusselGround area
397 m²
Building footprint
382 m²
Volume, LiDAR
4,961 m³
2 parcels, Brussels · tallest building 18.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Philippe Baucqstraat 124, 1040 Etterbeek
since 20232.353.670.455
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21822R0418/00A006 | Brussels | 279 m² | 1 · 279 m² | 18.9 m · 4 fl. |
| 21363B0482/00Z009 | Brussels | 119 m² | 1 · 103 m² | 18.5 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
ZOPALUTIONSZ
BE 0801.313.337
Haacht · Eq €14k
PP ADVISORY AND CONSULTING
BE 0739.904.023
Gembloux · Eq €14k
Arakii
BE 1008.477.227
Lubbeek · Eq €14k
PAF4U
BE 1002.058.696
Ukkel · Eq €14k
Laute Antitrust Law
BE 1030.017.957
Etterbeek · Eq €14k
Of 22,019 companies in sector 69101 we hold annual accounts for 9,028. 5,404 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-12-2023
Fiscal year end31-12
Activities, NACEBEL
69101Activities of lawyers
69109Other legal services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.