PARTNERS IN LAW
ActivePARTNERS IN LAW has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €406k and a net result of €232k. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 48% of 3286 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability99▲+22
Solvency67▲+3
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 1.58 against 1.45 in 2024; short-term debt: 36.5% and cash: 16.2% of total assets), but 57.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young 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
42.1%
Return on assets
24.1%
Age of the figures
15 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 19-01-2026, 12 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
12 d early
2024
24 d early
2023
2 d early
2022
15 d early
2021
5 d early
2020
3 d early
2019
2 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 monthsPosition in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€406k▲ 1.5%
2024 · €400k
2019: €406k
2020: €431k
2021: €436k
2022: €482k
2023: €523k
2024: €400k
2019 → 2025
Total assets
€964k▼ 5.4%
2024 · €1.02M
2019: €814k
2020: €1.03M
2021: €846k
2022: €1.10M
2023: €1.09M
2024: €1.02M
2019 → 2025
Net result
€232k▲ 252%
2024 · €66k
2019: €87k
2020: €25k
2021: €98k
2022: €47k
2023: €40k
2024: €66k
2019 → 2025
Working capital
€206k▲ 15.8%
2024 · €178k
2019: €424k
2020: €203k
2021: €214k
2022: €254k
2023: €294k
2024: €178k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€436k-€482k▲ 10.7%€523k▲ 8.4%€400k▼ 23.5%€406k▲ 1.5%
Operating result€142k-€76k▼ 46.4%€67k▼ 11.9%€62k▼ 7.0%€283k▲ 356%
Net result€98k-€47k▼ 52.2%€40k▼ 13.8%€66k▲ 63.3%€232k▲ 252%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 356% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €964k
Fixed assets
€406k▼ 9.9%
Current assets
€558k▼ 1.9%
Equity and liabilities €964k
Equity
€406k▲ 1.5%
Debt
€558k▼ 9.9%
The debt ratio falls from 60.7% to 57.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€328k▲
2024 · €107k
Cash flow
€276k▲
2024 · €111k
Solvency
42.1%▲
2024 · 39.3%
Current ratio
1.58▲
2024 · 1.45
Quick ratio
1.58▲
2024 · 1.45
Debt / equity
1.37▼
2024 · 1.55
ROE
57.1%▲
2024 · 16.5%
ROA
24.1%▲
2024 · 6.5%
Interest coverage
13.39▼
2024 · 14.62
Debt
€558k▼
2024 · €619k
Debt ≤ 1 year
€352k▼
2024 · €391k
Debt > 1 year
€206k▼
2024 · €228k
Income taxes
€29k▲
2024 · €-998
Staff costs
€62k▼
2024 · €70k
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€1.02M€964k▼
Fixed assets21/28€450k€406k▼
Tangible fixed assets22/27€450k€405k▼
Land and buildings22€390k€364k▼
Plant, machinery and equipment23€1k€659▼
Furniture and vehicles24€25k€16k▼
Other tangible fixed assets26€33k€25k▼
Financial fixed assets28€117€117=
Current assets29/58€569k€558k▼
Amounts receivable within one year40/41€329k€388k▲
Trade receivables40€178k€217k▲
Other amounts receivable41€151k€171k▲
Cash at bank and in hand54/58€238k€156k▼
Deferred charges and accrued income490/1€2k€14k▲
Equity and liabilities
Total equity and liabilities10/49€1.02M€964k▼
Equity10/15€400k€406k▲
Contributions10/11€1k€1k=
Reserves13€399k€405k▲
Tax-exempt reserves132€87k€87k=
Distributable reserves133€312k€318k▲
Amounts payable17/49€619k€558k▼
Amounts payable after more than one year17€228k€206k▼
Financial debts170/4€228k€206k▼
Amounts payable within one year42/48€391k€352k▼
Current portion of amounts payable after more than one year42€32k€22k▼
Trade debts44€35k€30k▼
Suppliers440/4€35k€30k▼
Taxes, remuneration and social security45€30k€39k▲
Taxes450/3€26k€35k▲
Remuneration and social security454/9€4k€4k▼
Other amounts payable47/48€295k€260k▼
Income statement
Code20242025
Remuneration, social security and pensions62€70k€62k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€45k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€11k€-1k▼
Other operating charges640/8€56k€11k▼
Gross operating margin9900€244k€399k▲
Operating profit (loss)9901€62k€283k▲
Financial income75/76B€10k€2k▼
Recurring financial income75€10k€2k▼
Financial charges65/66B€7k€24k▲
Recurring financial charges65€7k€24k▲
Profit (loss) for the period before taxes9903€65k€261k▲
Income taxes67/77€-998€29k▲
Profit (loss) for the period9904€66k€232k▲
Profit (loss) for the period to be appropriated9905€66k€232k▲
Appropriation of the result
Profit (loss) to be appropriated9906€66k€232k▲
Transfer from equity791/2€104k-
Transfer to equity691/2-€6k
To other reserves6921-€6k
Profit to be distributed694/7€170k€226k▲
Return on contributions (dividend)694€95k€56k▼
Directors or managers695€75k€170k▲
Social balance
Average headcount (FTE)90871.81.8=
The notes to these accounts (16 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
19-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Highest result since 2019net €232k ▲252%
Operating result €283k, net result €232k, both a record.
07-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Equity above €500kEq €523k ▲8.4%
5 profitable years in a row build equity to €523k.
16-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
26-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Weakest financial yearnet €25k ▼70.7%
Net result drops to €25k, the lowest in the series; recovery starts the following year.
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
23-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Elsene · 2 establishment units since 2011
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.
Louizalaan 3671050 ElseneGround area
1,464 m²
Building footprint
490 m²
Volume, LiDAR
5,837 m³
2 parcels, Brussels, Flanders · tallest building 34.0 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
Adv. Martens bvba
since 20112.197.161.747
Partners in law
since 20142.233.810.426
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31808M0523/02A004 | Flanders | 1,197 m² | 1 · 225 m² | 13.1 m · 3 fl. |
| 21807G0211/00W012 | Brussels | 266 m² | 1 · 265 m² | 34.0 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 588 EUR awarded · 1,735 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 749 EUR |
| 2024 | 1 | 0 EUR | 398 EUR |
| 2023 | 1 | 299 EUR | 299 EUR |
| 2022 | 1 | 289 EUR | 289 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 22,054 companies in sector 69101 we hold annual accounts for 9,053. 6,267 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-02-2001
Fiscal year end30-06
Activities, NACEBEL
69101Activities of lawyers
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.