SAROLEA AVOCAT
ActiveSummary
SAROLEA AVOCAT has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €407k and a net result of €175k. Equity is growing by ~31.9% per year across the filed fiscal years. Its solvency ranks better than 59% of 15367 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
94
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+2
Solvency92=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 2.66 against 2.54 in 2023; short-term debt: 24.5% and cash: 62.2% of total assets), and 33.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 2024Solvency, return and age of the figures
Solvency
66.9%
Return on assets
28.8%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
5 d early
2022
31 d late
2021
33 d early
2020
26 d late
2019
104 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€407k▲ 36.1%
2023 · €299k
2018: €69k
2019: €140k
2020: €141k
2021: €159k
2022: €234k
2023: €299k
2018 → 2024
Total assets
€609k▲ 36.8%
2023 · €445k
2018: €108k
2019: €266k
2020: €322k
2021: €298k
2022: €359k
2023: €445k
2018 → 2024
Net result
€175k▲ 66.4%
2023 · €105k
2018: €53k
2019: €71k
2020: €490
2021: €19k
2022: €75k
2023: €105k
2018 → 2024
Working capital
€248k▲ 93.0%
2023 · €129k
2018: €67k
2019: €-34k
2020: €-22k
2021: €-26k
2022: €53k
2023: €129k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€141k-€159k▲ 13.3%€234k▲ 46.8%€299k▲ 27.9%€407k▲ 36.1%
Operating result€2k-€23k▲ 818%€103k▲ 356%€158k▲ 53.9%€261k▲ 65.3%
Net result€490-€19k▲ 3,729%€75k▲ 298%€105k▲ 41.0%€175k▲ 66.4%
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 four years in a row; 2024 is 65% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €609k
Fixed assets
€211k ▼ 9.3%
Current assets
€397k ▲ 87.3%
Equity and liabilities €609k
Equity
€407k ▲ 36.1%
Debt
€201k ▲ 38.3%
Debt's share of the balance-sheet total rises from 32.8% to 33.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€284k▲
2023 · €180k
Cash flow
€198k▲
2023 · €127k
Current ratio
2.66▲
2023 · 2.54
Debt to equity
0.49▲
2023 · 0.49
ROE
43.0%▲
2023 · 35.2%
ROA
28.8%▲
2023 · 23.6%
Interest coverage
208.14▲
2023 · 118.24
Debt ≤ 1 year
€149k▲
2023 · €84k
Debt > 1 year
€52k▼
2023 · €62k
Income taxes
€85k▲
2023 · €51k
Staff costs
€92k▲
2023 · €77k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€445k€609k▲
Fixed assets21/28€233k€211k▼
Tangible fixed assets22/27€233k€211k▼
Land and buildings22€201k€185k▼
Furniture and vehicles24€6k€5k▼
Other tangible fixed assets26€25k€21k▼
Current assets29/58€212k€397k▲
Amounts receivable within one year40/41€12k€19k▲
Trade receivables40€4k€10k▲
Other amounts receivable41€7k€9k▲
Cash at bank and in hand54/58€201k€379k▲
Deferred charges and accrued income490/1-€350
Equity and liabilities
Total equity and liabilities10/49€445k€609k▲
Equity10/15€299k€407k▲
Contributions10/11€19k€19k=
Reserves13€265k€372k▲
Distributable reserves133€265k€372k▲
Profit (loss) carried forward14€16k€17k▲
Amounts payable17/49€146k€201k▲
Amounts payable after more than one year17€62k€52k▼
Financial debts170/4€62k€52k▼
Amounts payable within one year42/48€84k€149k▲
Current portion of amounts payable after more than one year42€10k€10k▲
Trade debts44€12k€2k▼
Suppliers440/4€12k€2k▼
Taxes, remuneration and social security45€15k€34k▲
Taxes450/3€6k€25k▲
Remuneration and social security454/9€9k€9k▲
Other amounts payable47/48€46k€103k▲
Income statement
Code20232024
Remuneration, social security and pensions62€77k€92k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€23k▲
Other operating charges640/8€670€2k▲
Gross operating margin9900€257k€378k▲
Operating profit (loss)9901€158k€261k▲
Financial income75/76B€12-
Recurring financial income75€12-
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€156k€260k▲
Income taxes67/77€51k€85k▲
Profit (loss) for the period9904€105k€175k▲
Profit (loss) for the period to be appropriated9905€105k€175k▲
Appropriation of the result
Profit (loss) to be appropriated9906€121k€191k▲
Profit (loss) brought forward from the previous period14P€15k€16k▲
Transfer from equity791/2€40k€67k▲
Transfer to equity691/2€105k€174k▲
To other reserves6921€105k€174k▲
Profit to be distributed694/7€40k€67k▲
Return on contributions (dividend)694€40k€67k▲
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
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €175k ▲66.4%
Operating result €261k, net result €175k, both a record.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Liquidity quadruplescurrent ratio 2.00
Current ratio from 0.54 to 2.00; short-term debt falls from €57k to €53k.
31-12
Financial
Equity above €200kEq €234k ▲46.8%
5 profitable years in a row build equity to €234k.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €159k ▲13.3%
4 profitable years in a row build equity to €159k.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial
Weakest financial yearnet €490 ▼99.3%
Net result drops to €490, the lowest in the series; recovery starts the following year.
12-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 104 days late
2019
31-12
Financial
Equity above €100kEq €140k ▲104%
2 profitable years in a row build equity to €140k.
Show earlier events
03-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 64 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
12-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 12 days late
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, Ottignies-Louvain-la-Neuve · 1 establishment unit 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.
Rue de la Draisine 2/0041348 Ottignies-Louvain-la-NeuveGround area
3,155 m²
Building footprint
2,329 m²
Parcel 25386B0254/00Y000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue de la Draisine 2, 1348 Ottignies-Louvain-la-Neuve
since 20112.197.653.576
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25386B0254/00Y000 | Wallonia | 3,154 m² | 1 · 2,329 m² | - |
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
ADVOCATENKANTOOR NICOLAS DUQUESNOY
BE 0811.045.803
Deerlijk · Eq €407,262
ADVOCATENKANTOOR BRUNO VAN HAELST
BE 0865.803.786
Meise · Eq €406,913
DE KEUKELAERE O. ADVOCATENKANTOOR
BE 0842.890.507
Kortrijk · Eq €407,491
Advocatenkantoor Meles
BE 0790.550.889
Hoeilaart · Eq €406,621
Delporte Christiaan and Partners
BE 0642.868.488
Elsene · Eq €407,663
Of 22,058 companies in sector 69101 we hold annual accounts for 9,052. 6,260 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-12-2010
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.