BABELNET
ActiveSummary
BABELNET has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €398,393 and a net result of €47,202. Equity has been growing by about 6.2% per year since 2018. Its solvency ranks better than 86% of 4,286 sector peers (NACE 74, financial year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 15-10-2008 Normal situation
- Activity
- Translation services NACE 74301and 3 others
- Establishment unit
- 2.174.002.602 4287 Lincent, since 14-10-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 13-01-2026
Board and ownership
- Conny Bertina Jeannine SOMERSDirector · since 15-10-2008
- CHAMPAGNE Bruno José PaulDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €58,119
- ▲ 59.0%
- Turnover
- ≈ €170,000
- estimated
- Profit
- €47,202
- ▲ 64.8%
- Equity
- €398,393
- ▲ 7.6%
- Total assets
- €473,246
- ▲ 12.8%
- 2025 accounts not filed, 94 days past the deadline
Score breakdownraises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed on 25-08-2025)lowers riskLiquidity: current ratio 11.67, cash €163,750Equity €398,393 (84.2% of total assets)Sector: Other professional, scientific and technical activities (NACE 74)Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 74, micro). It does better than 88% of them on solvency, 87% on liquidity, 33% on profitability and 54% on growth.
The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 6 accounts on average 29 days after the deadline. In the sector (NACE 74), the median for financial year 2024 was 3 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 2 November 2026.
Annual accounts 2024 filed on 23-08-2025 PDF all 16 filings
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result for 2024 is 60% higher than in 2023. It is a recovery after the fall in 2023.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Other professional, scientific and technical activities (NACE 74). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Investments
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Financial fixed assets | €6,359 | €913 | €3,212 | - |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as BABELNET: translation services (NACE 74301). They are comparable in size and age: total assets between €392,000 and €626,000, founded between 2004 and 2010.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| BABELNET Lincent | 2008 | €473,246 | €398,393 | €58,119 | €47,202 | - | 2024 |
| J.BUSCHMANN Boechout | 2007 | €422,680 | €87,510 | €47,980 | €8,903 | - | 2025 |
| LisLingua Eupen | 2010 | €391,652 | €255,616 | €66,129 | €43,196 | - | 2025 |
| LANDA INDUSTRIES Genk | 2006 | €506,449 | €288,231 | €42,342 | €904 | - | 2025 |
| JERASMO Zutendaal | 2004 | €494,035 | €58,616 | €47,499 | €9,630 | 0 | 2025 |
| ARTHEUS Frasnes-lez-Anvaing | 2008 | €394,143 | €82,228 | €81,735 | €17,016 | - | 2025 |
| M.A.WAN Jette | 2010 | €625,600 | €603,795 | €65,688 | €45,214 | - | 2025 |
They were chosen from the 689 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 17,811 companies had the same profile as BABELNET has now. Two years later, 0.3% had gone bankrupt and 96.5% were still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of BABELNET itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,811 companies, not a prediction for BABELNET. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €514 | €514 | €514 | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €402 | €405 | €498 | €451 | ▼ 9.4% |
| Gross operating margin9900 | €80,101 | €64,428 | €26,546 | €56,761 | €58,705 | €36,547 | €58,119 | ▲ 59.0% |
| Operating profit (loss)9901 | €86,263 | €60,887 | €25,630 | €56,359 | €58,300 | €36,049 | €57,668 | ▲ 60.0% |
| Financial income75/76B | - | - | - | €709 | €839 | €1,116 | €1,334 | ▲ 19.5% |
| Recurring financial income75 | €564 | €1,074 | €869 | €709 | €839 | €1,116 | €1,149 | ▲ 2.9% |
| Non-recurring financial income76B | - | - | - | - | - | - | €185 | - |
| Financial charges65/66B | - | - | - | €1,962 | €1,858 | €62 | €2,402 | ▲ 39× |
| Recurring financial charges65 | €204 | - | - | €1,962 | €147 | €62 | €2,281 | ▲ 37× |
| Non-recurring financial charges66B | - | - | - | €1,962 | €1,712 | - | €121 | - |
| Profit (loss) for the period before taxes9903 | €80,433 | €60,552 | €24,992 | €55,106 | €57,281 | €37,103 | €56,600 | ▲ 52.6% |
| Income taxes67/77 | €10,463 | €11,180 | €5,115 | €2,149 | €15,771 | €8,464 | €9,398 | ▲ 11.0% |
| Profit (loss) for the period9904 | €69,970 | €49,372 | €19,877 | €52,957 | €41,510 | €28,639 | €47,202 | ▲ 64.8% |
| Profit (loss) for the period to be appropriated9905 | €69,970 | €49,372 | €19,877 | €52,957 | €41,510 | €28,639 | €47,202 | ▲ 64.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €330,014 | €344,297 | €353,626 | €406,780 | €401,068 | €419,462 | €473,246 | ▲ 12.8% |
| Fixed assets21/28 | €44,861 | €60,229 | €70,825 | €88,544 | €75,026 | €89,397 | €104,385 | ▲ 16.8% |
| Tangible fixed assets22/27 | €1,028 | €514 | - | - | - | - | - | - |
| Financial fixed assets28 | €43,833 | €59,715 | €70,825 | €88,544 | €75,026 | €89,397 | €104,385 | ▲ 16.8% |
| Current assets29/58 | €285,153 | €284,068 | €282,801 | €318,236 | €326,043 | €330,065 | €368,862 | ▲ 11.8% |
| Amounts receivable within one year40/41 | €92,288 | €56,227 | €55,728 | €64,589 | €61,519 | €32,971 | €78,199 | ▲ 137% |
| Trade receivables40 | - | - | - | €61,962 | €55,231 | €32,507 | €73,610 | ▲ 126% |
| Other amounts receivable41 | - | - | - | €2,627 | €6,289 | €464 | €4,590 | ▲ 888% |
| Current investments50/53 | €107,794 | €122,855 | €101,832 | €117,551 | €118,992 | €126,329 | €126,912 | ▲ 0.5% |
| Cash at bank and in hand54/58 | €80,685 | €104,987 | €125,240 | €136,095 | €145,531 | €170,765 | €163,750 | ▼ 4.1% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €330,014 | €344,297 | €353,626 | €406,780 | €401,068 | €419,462 | €473,246 | ▲ 12.8% |
| Equity10/15 | €273,836 | €303,208 | €303,085 | €336,042 | €357,552 | €370,191 | €398,393 | ▲ 7.6% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €21,860 | €41,860 | €70,860 | €91,860 | €111,860 | €139,860 | ▲ 25.0% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | €1,860 | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | €1,860 | - |
| Distributable reserves133 | - | - | - | €69,000 | €90,000 | €111,860 | €138,000 | ▲ 23.4% |
| Profit (loss) carried forward14 | €253,376 | €262,748 | €242,625 | €246,582 | €247,092 | €239,731 | €239,933 | ▲ 0.1% |
| Amounts payable17/49 | €56,177 | €41,089 | €50,541 | €70,737 | €43,516 | €49,271 | €74,853 | ▲ 51.9% |
| Amounts payable within one year42/48 | €54,067 | €32,673 | €36,213 | €43,105 | €28,625 | €23,221 | €31,602 | ▲ 36.1% |
| Trade debts44 | €3,364 | €14 | €4,844 | €6,665 | €26 | €528 | €906 | ▲ 71.7% |
| Suppliers440/4 | - | - | - | €6,665 | €26 | €528 | €906 | ▲ 71.7% |
| Taxes, remuneration and social security45 | - | - | - | €16,440 | €8,599 | €6,693 | €11,695 | ▲ 74.7% |
| Taxes450/3 | - | - | - | €14,430 | €6,568 | €3,767 | €9,560 | ▲ 154% |
| Remuneration and social security454/9 | - | - | - | €2,010 | €2,031 | €2,926 | €2,136 | ▼ 27.0% |
| Other amounts payable47/48 | - | - | - | €20,000 | €20,000 | €16,000 | €19,000 | ▲ 18.8% |
| Accrued charges and deferred income492/3 | - | - | - | €27,632 | €14,891 | €26,050 | €43,252 | ▲ 66.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €69,970 | €49,372 | €19,877 | €52,957 | €41,510 | €28,639 | €47,202 | ▲ 64.8% |
| + Depreciation and write-downs630 | €514 | €514 | €514 | - | - | - | - | - |
| Operating cash flow (approximation) | €70,484 | €49,886 | €20,391 | €52,957 | €41,510 | €28,639 | €47,202 | ▲ 64.8% |
| Investment in fixed assets (approximation) | - | -€15,882 | -€11,110 | -€17,719 | €13,518 | -€14,371 | -€14,988 | ▼ 4.3% |
| Change in cash | - | €24,302 | €20,253 | €10,855 | €9,436 | €25,233 | -€7,014 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 23-08-2025 | 2025-00399718 | |
| 31-12-2023 | micro format | 29-08-2024 | 2024-00414753 | |
| 31-12-2022 | micro format | 29-08-2023 | 2023-00418412 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20402507 | |
| 31-12-2020 | micro format | 30-08-2021 | 2021-59700516 | |
| 31-12-2019 | micro format | 31-08-2020 | 2020-50300041 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-58100311 | |
| 31-12-2017 | micro format | 30-08-2018 | 2018-58300543 | |
| 31-12-2016 | full format | 29-08-2017 | 2017-55100301 | |
| 31-12-2015 | full format | 26-08-2016 | 2016-50100074 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 28-08-2023 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| CHAMPAGNE Bruno José Paul |
|
| Conny Bertina Jeannine SOMERS |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Tenus solliciter agrément mêmes formalités si non de plein droit actionnaires, calcul conformément CSA article 1:32”
Articles of association, deed of 28-08-2023 (in French)
Network & group
BABELNET shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of BABELNET. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
28-08
Gazette deed
Purpose · Amendment of the articles · Legal-form change · Name · Resignations & appointments · MiscellaneousChange of role: Conny Bertina Jeannine SOMERS, from gérante unique to sole director · Appointment: CHAMPAGNE Bruno José Paul (administrateur remplaçant non statutaire) · Incorporation21 points ▸
- General meeting, 22-08-2023
- Incorporation, 14-10-2008
- Other provision, “statuts non modifiés depuis constitution, non modifiés” (deed in French)
- Other provision, “assujettissement TVA et immatriculation RPM”, 0807.118.390 (deed in French)
- Other provision, “adaptation statuts au CSA, adapter statuts aux dispositions CSA” (deed in French)
- Other provision, “rapport justification modification objet, gérance/administrateurs” (deed in French)
- Purpose change
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Other provision, “suppression compte capitaux propres statutairement indisponible, fonds disponibles pour distribution,ne doit pas être mentionné dans statuts” (deed in French)
- Other provision, “double test solvabilité à effectuer par assemblée générale et test liquidité à effectuer par organe d'administration, avertissement conditions distribution” (deed in French)
- Amendment of the articles
- Other provision, “texte nouveaux statuts, STATUTS” (deed in French)
- The act holds 9 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
20 activities
- À toutes activités relatives à la traduction et/ou à l'interprétariat,au secrétariat;
- À toutes activités de conseil et assistance en matière administrative,y compris toutes missions à l'étranger,négociations de contrats,participations à toutes opérations généralement quelconques d'achat et de vente,études des aspects financiers,techniques et contractuels de toutes missions à assumer en ou hors de Belgique;
- Aux services administratifs combinés de bureau;aux activités spécialisées de soutien de bureau;
- Aux activités des centres d'appels;
- La conception de logiciels en tant que support à l'apprentissage des langues;
- L'organisation de séminaires;
- La prestation de services et la dispense de conseils en matière de management,informatique,ressources humaines,administration et finances,assurances et actuariat,publicité et réclame,gestion d'entreprise et organisation,planification financière et juridique;
- La conception,le développement,la programmation,l'édition,la commercialisation,l'importation,la distribution,l'exportation,le négoce,l'exploitation et toutes activités de conseil,de formation,de training,d'assistance,de gestion,d'analyse,maintenance,l'achat et la vente et tout autre service aux entreprises et aux particuliers,de concepts,matériels,matériels électroniques et informatiques,de programmes informatiques/logiciels,sites internets et autres et de tout matériel bureautique et informatique en général;la conception,l'étude,la promotion et réalisation de tous projets informatiques,bureautiques et tout ce qui s'y rapporte;
- La location de tous biens personnels et/ou domestiques;
- L'organisation de cours,conférences,colloques,séminaires et formations,professionnels ou non,touchant aux domaines précités d'une quelconque façon;
- Aux autres formes d'enseignement;aux autres services de soutien à l'enseignement,tels que via des tutoriels,podcasts ou autrement;
- L'organisation et la réalisation de traductions,publications,expositions,voyages ou réceptions à des fins culturelles et/ou sociales et/ou économiques;
- Le conseil en gestion et autre soutien aux entreprises;
- L'administration,la gestion et la mise à disposition de ressources humaines dont:1°l'organisation,le développement,l'offre de travail intérimaire et la mise de travailleurs à disposition d'utilisateurs;2°l'organisation,le développement et l'offre d'outplacement;3°l'organisation,le développement et l'offre d'activités de recrutement,de sélection et de placement;4°des conseils en matière de gestion et de formation des ressources humaines;5°des services en ligne;
- Aux études de marché(marketing)et/ou sondages d'opinion;
- À toutes opérations de tourisme,d'hôtellerie,de divertissement et de loisirs;
- À la location,mise à disposition de chambres d'hôtes,gîtes ou autres;
- Se constituer,gérer,organiser,administrer,développer et/ou contrôler,à l'exclusion de l'activité bancaire,un patrimoine comprenant:a)tous biens immobiliers,tant construits qu'à construire,tant en Belgique qu'à l'étranger,ainsi que tous droits immobiliers relatifs à de tels biens(y compris droits d'emphytéose ou de superficie),y compris l'achat d'habitation privé;b)tous fonds de commerce,brevets,licences,marques de fabrique et de commerce;c)toutes opérations financières(investissements),tant dans des valeurs à rente fixe que dans des actions,émises par des sociétés belges ou étrangères,existantes ou à créer,ainsi que tous placements,dépôts et crédits bancaires,prêts,avances,garanties ou avals;d)tous biens meubles;et notamment s'approprier,donner ou prendre en location,leasing,promouvoir,exploiter,transformer,viabiliser,lotir et/ou valoriser,ériger,aliéner ou échanger tous biens meubles ou immeubles,machines,matériels et installations;
- Consentir tous prêts à toute personne et à toute société,même non liée,sous quelque forme que ce soit,et se porter fort,se porter caution ou lui donner toute sûreté personnelle ou réelle,dans le sens le plus large du terme.
- Exercer les fonctions d'administrateur,statutaire ou non,de commissaire et/ou de liquidateur ou autre organe,dans d'autres sociétés et/ou associations:leur gestion au sens large et/ou contrôle de leur gestion.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 64062A0776/00A000 | Wallonia | 1,104 m² | 1 · 116 m² | 7.7 m · 2 |