CODEX TRADUCTIONS
ActiveSummary
CODEX TRADUCTIONS has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €34,062 and a net result of €133. Equity is growing by ~20.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability49=
Solvency46▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity short (current ratio 0.14 against 0.21 in 2023; short-term debt: 49.2% and cash: 0% of total assets), and 78.5% of the assets are financed with debt.
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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 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
21.5%
Return on assets
0.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
38 d early
2024
43 d early
2023
15 d early
2022
40 d early
2021
30 d early
2020
30 d early
2019
17 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 30 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 23 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2024, micro schema
In the rankings
#10 oldest company in Frasnes-lez-Anvaing, Professional and technical services sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€133▼ 84.4%
2023 · €850
Working capital
-€66,887▼ 4.7%
2023 · -€63,854
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€28,714▲ 75.1%€24,195▼ 15.7%€16,242▼ 32.9%€9,249▼ 43.1%€7,863▼ 15.0%
Net result€13,029within the sector's middle half▲ 394%€9,847within the sector's middle half▼ 24.4%€5,212within the sector's middle half▼ 47.1%€850within the sector's middle half▼ 83.7%€133within the sector's middle half▼ 84.4%
Equity€18,020within the sector's middle half▲ 261%€27,866within the sector's middle half▲ 54.6%€33,078within the sector's middle half▲ 18.7%€33,929within the sector's middle half▲ 2.6%€34,062within the sector's middle half▲ 0.4%
Total assets€239,953within the sector's middle half▼ 1.8%€217,515within the sector's middle half▼ 9.4%€193,976within the sector's middle half▼ 10.8%€183,771within the sector's middle half▼ 5.3%€158,711within the sector's middle half▼ 13.6%
Debt€221,933▼ 7.3%€189,649▼ 14.5%€160,898▼ 15.2%€149,842▼ 6.9%€124,649▼ 16.8%
Working capital-€68,210below the sector's middle half▲ 21.5%-€66,335below the sector's middle half▲ 2.7%-€62,409below the sector's middle half▲ 5.9%-€63,854below the sector's middle half▼ 2.3%-€66,887below the sector's middle half▼ 4.7%
Solvency7.5%below the sector's middle half▲ 5.5pp12.8%below the sector's middle half▲ 5.3pp17.1%within the sector's middle half▲ 4.2pp18.5%within the sector's middle half▲ 1.4pp21.5%within the sector's middle half▲ 3.0pp
Current ratio0.23below the sector's middle half▲ 0.160.17below the sector's middle half▼ 0.060.12below the sector's middle half▼ 0.050.21below the sector's middle half▲ 0.090.14below the sector's middle half▼ 0.06
Return on assets (ROA)5.4%within the sector's middle half▲ 4.3pp4.5%within the sector's middle half▼ 0.9pp2.7%within the sector's middle half▼ 1.8pp0.5%within the sector's middle half▼ 2.2pp0.1%within the sector's middle half▼ 0.4pp
above
within
below
the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2024 is 15% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €158,711
Fixed assets
€147,575 ▼ 11.7%
Current assets
€11,136 ▼ 32.8%
Equity and liabilities €158,711
Equity
€34,062 ▲ 0.4%
Debt
€124,649 ▼ 16.8%
Debt's share of the balance-sheet total falls from 81.5% to 78.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€27,496▼
2023 · €28,738
Cash flow
€19,766▼
2023 · €20,340
Debt to equity
3.66▼
2023 · 4.42
ROE
0.4%▼
2023 · 2.5%
Interest coverage
3.66▲
2023 · 3.54
Debt ≤ 1 year
€78,023▼
2023 · €80,417
Debt > 1 year
€46,626▼
2023 · €68,983
Income taxes
€224▼
2023 · €278
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,984 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 97% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.1%
went bankrupt
2.3%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,984 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,562 | €20,521 | €21,491 | €19,489 | €19,633 | ▲ 0.7% |
| Other operating charges640/8 | - | €2,079 | €1,545 | €1,077 | €1,833 | ▲ 70.2% |
| Gross operating margin9900 | €49,175 | €46,795 | €39,279 | €29,815 | €29,329 | ▼ 1.6% |
| Operating profit (loss)9901 | €28,714 | €24,195 | €16,242 | €9,249 | €7,863 | ▼ 15.0% |
| Financial income75/76B | - | €1 | - | - | €0 | - |
| Recurring financial income75 | - | €1 | - | - | €0 | - |
| Financial charges65/66B | - | €9,137 | €8,012 | €8,120 | €7,506 | ▼ 7.6% |
| Recurring financial charges65 | €10,618 | €9,137 | €8,012 | €8,120 | €7,506 | ▼ 7.6% |
| Profit (loss) for the period before taxes9903 | €18,097 | €15,059 | €8,230 | €1,129 | €357 | ▼ 68.4% |
| Income taxes67/77 | €5,068 | €5,212 | €3,017 | €278 | €224 | ▼ 19.5% |
| Profit (loss) for the period9904 | €13,029 | €9,847 | €5,212 | €850 | €133 | ▼ 84.4% |
| Profit (loss) for the period to be appropriated9905 | €13,029 | €9,847 | €5,212 | €850 | €133 | ▼ 84.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €239,953 | €217,515 | €193,976 | €183,771 | €158,711 | ▼ 13.6% |
| Fixed assets21/28 | €220,044 | €204,260 | €185,574 | €167,208 | €147,575 | ▼ 11.7% |
| Tangible fixed assets22/27 | €220,044 | €204,260 | €185,574 | €167,208 | €147,575 | ▼ 11.7% |
| Land and buildings22 | - | €201,483 | €182,921 | €164,359 | €145,798 | ▼ 11.3% |
| Plant, machinery and equipment23 | - | - | €2,244 | €1,683 | €1,122 | ▼ 33.3% |
| Furniture and vehicles24 | - | €2,777 | €409 | €1,166 | €655 | ▼ 43.8% |
| Current assets29/58 | €19,909 | €13,255 | €8,402 | €16,563 | €11,136 | ▼ 32.8% |
| Amounts receivable within one year40/41 | €18,438 | €13,196 | €8,391 | €16,542 | €11,099 | ▼ 32.9% |
| Trade receivables40 | - | €13,196 | €8,008 | €14,820 | €8,590 | ▼ 42.0% |
| Other amounts receivable41 | - | - | €383 | €1,722 | €2,509 | ▲ 45.7% |
| Cash at bank and in hand54/58 | €1,470 | €59 | €12 | €21 | €37 | ▲ 75.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €239,953 | €217,515 | €193,976 | €183,771 | €158,711 | ▼ 13.6% |
| Equity10/15 | €18,020 | €27,866 | €33,078 | €33,929 | €34,062 | ▲ 0.4% |
| Contributions10/11 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | - | €9,274 | €14,486 | €15,337 | €15,337 | = |
| Distributable reserves133 | - | €9,274 | €14,486 | €15,337 | €15,337 | = |
| Profit (loss) carried forward14 | -€572 | - | - | - | €133 | - |
| Amounts payable17/49 | €221,933 | €189,649 | €160,898 | €149,842 | €124,649 | ▼ 16.8% |
| Amounts payable after more than one year17 | €128,814 | €110,009 | €90,087 | €68,983 | €46,626 | ▼ 32.4% |
| Financial debts170/4 | - | €110,009 | €90,087 | €68,983 | €46,626 | ▼ 32.4% |
| Amounts payable within one year42/48 | €88,119 | €79,590 | €70,811 | €80,417 | €78,023 | ▼ 3.0% |
| Current portion of amounts payable after more than one year42 | - | €18,806 | €19,922 | €22,809 | €22,357 | ▼ 2.0% |
| Financial debts43 | - | €4,487 | €1,327 | €2,905 | €4,428 | ▲ 52.4% |
| Credit institutions430/8 | - | €4,487 | €1,327 | €2,905 | €4,428 | ▲ 52.4% |
| Trade debts44 | €760 | €137 | €1,428 | €935 | €1,941 | ▲ 108% |
| Suppliers440/4 | - | €137 | €1,428 | €935 | €1,941 | ▲ 108% |
| Taxes, remuneration and social security45 | - | €6,728 | €3,934 | €4,638 | €810 | ▼ 82.5% |
| Taxes450/3 | - | €6,728 | €3,934 | €4,638 | €810 | ▼ 82.5% |
| Other amounts payable47/48 | - | €49,432 | €44,200 | €49,131 | €48,488 | ▼ 1.3% |
| Accrued charges and deferred income492/3 | - | €50 | - | €442 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,029 | €9,847 | €5,212 | €850 | €133 | ▼ 84.4% |
| + Depreciation and write-downs630 | €18,562 | €20,521 | €21,491 | €19,489 | €19,633 | ▲ 0.7% |
| Operating cash flow (approximation) | €31,591 | €30,368 | €26,703 | €20,340 | €19,766 | ▼ 2.8% |
| Investment in fixed assets (approximation) | - | -€4,737 | -€2,805 | -€1,123 | €0 | ▲ 100% |
| Change in cash | - | -€1,411 | -€47 | €9 | €16 | ▲ 69.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €133 ▼84.4%
Net result drops to €133, the lowest in the series.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €13,029 ▲394%
Operating result €28,714, net result €13,029, both a record.
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Frasnes-lez-Anvaing · 1 establishment unit since 2001
Ground area
1.4 ha
Building footprint
416 m²
Volume, LiDAR
2,223 m³
2 parcels, Wallonia · tallest building 12.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue de Mons (G.) 311, 7011 Mons
since 20012.094.358.771
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51001B0146/00L000 | Wallonia | 1.3 ha | 1 · 302 m² | 12.2 m · 2 fl. |
| 53030C0678/00W004 | Wallonia | 754 m² | 1 · 114 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 4,526 companies in sector 74301 we hold annual accounts for 720. 594 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded21-02-2001
Fiscal year end31-12
Activities, NACEBEL 2025
74301Translation services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0474139562
Registered
07-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.