ACTIVE

FIRST LAW INTERNATIONAL

Financial year 2025 · Closed on 31/12/2025

Net result3,1 M €+24,6 %over 1 year
Gross margin3,8 M €+33,8 %over 1 year
Equity2,1 M €-66,8 %over 1 year
Workforce2,3 ETP-28,1 %over 1 year

Identity

Source · BCE/KBO

FIRST LAW INTERNATIONAL is a Private limited company incorporated in 2002. Its main activity is: Legal activities. Its registered office is in Ixelles. It employs on average 2,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0476.944.149
Incorporation
21/02/2002
Legal form
Private limited company
Registered office
Avenue Louise 480 box 5
1050 Ixelles · BruxellesSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Average workforce
2,3 ETP
Joint committees (2)
  • 200
  • 20000
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin3,8 M €2,9 M €7,8 M €12 M €1,7 M €
EBITDA3,7 M €2,6 M €7,5 M €11,7 M €1,6 M €
Operating result3,6 M €2,6 M €7,4 M €11,5 M €1,4 M €
Net result3,1 M €2,5 M €6 M €9,2 M €1,1 M €
Balance sheet
Equity2,1 M €6,4 M €4,3 M €11,3 M €3,9 M €
Total assets7,4 M €7,3 M €18,6 M €13,6 M €4,7 M €
Cash826,2 k €820,9 k €973,1 k €6,4 M €3,5 M €
Debts5,3 M €932,6 k €13,9 M €2,1 M €460,8 k €
Other
Workforce2,3 ETP3,2 ETP3,9 ETP4,5 ETP3,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 6 ended

Active mandates

Astrid Lauritsen

Director · since 01 octobre 2023

Active
YSG GROUP HOLDINGS

Director · since 01 octobre 2023 · 0793.586.791

Represented by Daniel Casares-Lauritsen

Active
Orlando Casares

Director · since 21 février 2023

Active

Ended mandates

YSG GROUP HOLDINGS

Managing director · since 01 octobre 2023 · 0793.586.791

Represented by Daniel CASARES-LAURITSEN

Ended
YSG GROUP HOLDINGS

Managing director · since 01 octobre 2023 · 0793.586.791

Represented by Daniel CASARAS-LAURITSEN

Ended
Orlando Casares

Manager · since 07 mars 2002

Ended
Orlando Casares

Director · since 18 février 2002

Ended

Other companies at this address

Avenue Louise 480 1050 Ixelles
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4SEMPER GLOBAL● Active
0427.293.314
Access Capital● Active
0713.879.319
0889.320.744
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0752.903.607
0459.889.965
0450.124.243
0820.047.106
1013.242.204
AF SERVICES● Liquidation
0840.320.995
0538.721.469
1002.246.362
AQUILA GARDEN● Active
0841.909.817
AUDEBREY● Active
1036.551.403
AUNERIPHARM● Active
1002.796.292
AURE● Active
0423.180.019
AV BELGIUM II● Active
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AXPO BENELUX● Active
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1002.602.490
0712.854.879

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date13/05/202626/05/202508/08/202424/07/202301/07/202216/04/2021
General meeting20/04/202613/05/202511/07/202430/06/202303/06/202215/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202520/04/202613/05/2026DutchPDF
Abridged model31/12/202413/05/202526/05/2025DutchPDF
Abridged model31/12/202311/07/202408/08/2024DutchPDF
Abridged model31/12/202230/06/202324/07/2023DutchPDF
Abridged model31/12/202103/06/202201/07/2022FrenchPDF
Abridged model31/12/202015/04/202116/04/2021FrenchPDF
Abridged model31/12/201918/09/202009/10/2020FrenchPDF
Abridged model31/12/201810/10/201914/10/2019FrenchPDF
Abridged model31/12/201720/12/201814/01/2019DutchPDF
Abridged model31/12/201627/09/201729/09/2017FrenchPDF
Abridged model31/12/201505/10/201607/11/2016FrenchPDF
Abridged model31/12/201424/09/201529/09/2015FrenchPDF
Abridged model31/12/201327/06/201425/07/2014FrenchPDF
Abridged model31/12/201217/09/201330/09/2013FrenchPDF
Abridged model31/12/201130/06/201231/08/2012FrenchPDF
Abridged model31/12/201030/06/201130/09/2011DutchPDF
Abridged model31/12/200930/06/201031/08/2010FrenchPDF
Abridged model31/12/200830/06/200928/08/2009DutchPDF
Abridged model31/12/200730/08/200830/09/2008FrenchPDF
Abridged model31/12/200630/06/200728/09/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 6 ended

Active mandates

Astrid Lauritsen

Director · since 01 octobre 2023

Active
YSG GROUP HOLDINGS

Director · since 01 octobre 2023 · 0793.586.791

Represented by Daniel Casares-Lauritsen

Active
Orlando Casares

Director · since 21 février 2023

Active

Ended mandates

YSG GROUP HOLDINGS

Managing director · since 01 octobre 2023 · 0793.586.791

Represented by Daniel CASARES-LAURITSEN

Ended
YSG GROUP HOLDINGS

Managing director · since 01 octobre 2023 · 0793.586.791

Represented by Daniel CASARAS-LAURITSEN

Ended
Orlando Casares

Manager · since 07 mars 2002

Ended
Orlando Casares

Director · since 18 février 2002

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office03/12/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates22/12/2023
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/02/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office09/12/2020
    SIEGE SOCIAL - MODIFICATION FORME JURIDIQUE
    PDF
  • Registered office17/04/2015
    SIEGE SOCIAL
    PDF
  • Registered office31/12/2003
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other24/02/2003
    BENAMING
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 20253,1 M €↑
  2. 2024
    Annual accounts 20242,5 M €↓
  3. 2023
    Annual accounts 20236 M €↓
  4. 2022
    Annual accounts 20229,2 M €↑
  5. 2021
    Annual accounts 20211,1 M €↑
  6. 2018
    Annual accounts 2018356,6 k €↓
  7. 2017
    Annual accounts 2017642,4 k €↑
  8. 2016
    Annual accounts 201648,9 k €↑
  9. 2015
    Annual accounts 2015-5,7 k €↓
  10. 2014
    Annual accounts 201492,2 k €↑
  11. 2013
    Annual accounts 201369,5 k €↓
  12. 2012
    Annual accounts 2012245 k €↓
  13. 2011
    Annual accounts 2011301,1 k €↑
  14. 2010
    Annual accounts 2010-111,3 k €↓
  15. 2009
    Annual accounts 200976 k €↑
  16. 2008
    Annual accounts 2008-11 k €↑
  17. 2007
    Annual accounts 2007-73,2 k €↓
  18. 2006
    Annual accounts 20061,2 k €
  19. 21/02/2002
    IncorporationPrivate limited company