Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 13 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ND LAW from Gent, company number BE0795353676, closed financial year 2025 with a result of € -16,022 after tax. For that financial year ND LAW recorded a gross margin of € 50,099 and equity of € 13,602. Compared with financial year 2024, the result moved from € 20,624 to € -16,022. The company made a loss. The buffer shrank hard: equity is 54 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ 13,602
▼ 54% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -16,022
▼ still € 20,624 profit in 2024
Profit after tax over the fiscal year.
€ 10,401
▼ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 10,602.
People and assets in 2025
€ 12,083
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 323,376
▲ € 304,012 vs 2024
€ 36,777 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 6,159
▲ 269% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,540
▼ 35% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 20,154 | € 33,556 | € 50,099 | ▲ 49% |
| Profit after taxes | € 13,707 | € 20,624 | € -16,022 | ▼ € 36,646 |
| Equity | € 9,000 | € 29,624 | € 13,602 | ▼ 54% |
| Total debts | € 41,508 | € 35,515 | € 369,694 | ▲ € 334,180 |
| Cash | € 28,250 | € 27,212 | € 10,401 | ▼ 62% |
| Land & buildings | - | - | € 353,156 | |
| Retained profit | € 6,000 | € 26,624 | € 10,602 | ▼ 60% |
| Dividend | € 7,707 | € 0 | € 0 | |
| Bank debt | € 23,900 | € 19,364 | € 323,376 | ▲ € 304,012 |
| Balance sheet total | € 50,508 | € 65,138 | € 383,296 | ▲ € 318,158 |
Key figures of ND LAW, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to ND LAW?
What happened at ND LAW in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 16,022 (▼ € 36,646 vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Gent. KBO
In short
From € 13,707 profit in 2023 to € 16,022 loss in 2025.
Paid € 11,603 in corporate taxes since 2023.
Best year ever: 2024, with € 20,624 profit.
Paid out € 7,707 in dividends to the owners in total.
Management
Behind ND LAW is Nicholas Derycke.
Directors
According to the 2025 annual accounts
Nicholas Derycke
Bestuurder
Establishments
Establishment units
Physical locations of this company
Kortrijksepoortstraat 10
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- DERYCKE Nicholas Charles Andre(comparant/oprichter) 100%
Details
- Company number
- 0795.353.676
- VAT number
- BE 0795.353.676
- Registered office
- Kortrijksepoortstraat 10, 9000 Gent
- Names & denominations
- ND LAW
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 2022
- Peppol
- Active · Active since 30 Jan 2025
- Activities · NACE
Activiteiten van advocaten