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IRIS LAW SERVICES

Active
Private limited companyfounded 2024active for 2 yearsLuchthavenstraat 6, 8400 Oostende, BelgiumKBO/BCE: BE 1012.751.066
Summary

IRIS LAW SERVICES has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €76,418 and a net result of €75,251. Its solvency ranks better than 86% of 15,709 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Activities of lawyers
NACE 69101
1 site
Size
€88,098total assets 2025
Equity
€76,418
Profit
€75,251
Turnover not published (micro format)
Financial health
98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts on time
Why 98raises riskFounded in 2024lowers riskSector: Legal and accounting activities (NACE 69)Liquidity: current ratio 7.55, cash €84,881Equity €76,418 (86.7% of total assets)Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 87% of its sector peers (NACE 69, micro)
Financial strength
Strong
Solvency 100
equity 86.7% of total assets
Liquidity 98
short-term debt 13.2% · cash 96.3%
Profitability 100
return on assets 85.4%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (20,063 companies, NACE 69, micro)
Last 24 months 09-2025: 0.3% 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.4%▲ +0.1 percentage points vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026highest value 08-2026: < 0.1%▼ -0.4 percentage points vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €7,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity ample (current ratio 7.55, above the usual 1.5; short-term debt: 13.2% and cash: 96.3% of total assets), and 13.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 69, micro): better than 87% on solvency, 93% on liquidity and 82% on profitability.

The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Legal and accounting activities (NACE 69)
KBO
lowers risk · Liquidity: current ratio 7.55, cash €84,881
NBB · annual accounts
lowers risk · Equity €76,418 (86.7% of total assets)
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
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 · 1 filing
Deviation from the deadline
2025
on the day
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. IncorporationAppointment: KETELS Iris Ermelinda (director)…

Key points

  • Positive: Among the best 15% on solvencysector median 56.9% · 15,709 companies 86.7% View
  • One director decidessole director in office 1 View
  • Total assets 2025first financial year filed €88,098 View

By topic

Financials

Financial year
2025
Total assets
€88,098
Profit
€75,251
Solvency
86.7%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Activities of lawyersNACE 69101
Founded
23-08-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
18
Who signs
Each director alone
Purpose
“Het uitoefenen van het beroep van advocaat; Alle activiteiten die met de hoedanigheid van…” (deed in Dutch)
Go to Articles of association

Key facts about IRIS LAW SERVICES

What is the company number of IRIS LAW SERVICES?
1012.751.066. In Belgium the VAT number is the company number with BE in front: BE 1012.751.066.
Where is IRIS LAW SERVICES based?
The registered office is at Luchthavenstraat 6, 8400 Oostende.Company details
What does IRIS LAW SERVICES do?
According to the KBO register, the main activity is activities of lawyers (NACE 69101).
What is the legal form of IRIS LAW SERVICES?
Private limited company (BV).
When was IRIS LAW SERVICES founded?
On 23-08-2024.
Is IRIS LAW SERVICES still active?
Yes, IRIS LAW SERVICES is an active enterprise in the KBO register.
What is the turnover of IRIS LAW SERVICES?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is IRIS LAW SERVICES profitable?
In financial year 2025, IRIS LAW SERVICES made a profit of €75,251.
Where can I find the annual accounts of IRIS LAW SERVICES?
IRIS LAW SERVICES filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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