Cultural & Linguistic Experience Program
ActiveThe computed 12-month bankruptcy probability of Cultural & Linguistic Experience Program is 2.2% (moderate). The 2025 annual accounts show equity of €412k and a net result of €57k. Equity is growing by ~17.3% per year across the filed fiscal years. Its solvency ranks better than 18% of 143 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability32▼-4
Solvency39▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 7.14 against 6.91 in 2024; short-term debt: 7.7% and cash: 16.3% of total assets), but 86.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 79
Relative position
BE, all sectors
reference
Sector 79
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
13.6%
Return on assets
1.9%
Age of the figures
9 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 143 sector peers (2025).
NBB · sector comparisonPosition among 143 sector peers
Solvency
better than 18%
← weakest
strongest →
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 11-05-2026, 81 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
81 d early
2024
39 d early
2023
50 d early
2022
70 d early
2021
79 d early
2020
37 d early
2019
57 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€57k▲ 10.0%
2024 · €52k
2018: €16k
2019: €21k
2020: €-100k
2021: €156k
2022: €75k
2023: €33k
2024: €52k
2018 → 2025
Working capital
€1.44M▲ 24.9%
2024 · €1.15M
2018: €378k
2019: €637k
2020: €530k
2021: €893k
2022: €806k
2023: €816k
2024: €1.15M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€285k-€340k▲ 19.4%€354k▲ 3.9%€385k▲ 9.0%€412k▲ 7.0%
Operating result€153k-€82k▼ 46.2%€39k▼ 52.2%€129k▲ 228%€96k▼ 25.4%
Net result€156k-€75k▼ 51.8%€33k▼ 55.9%€52k▲ 56.2%€57k▲ 10.0%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 25% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.02M
Fixed assets
€1.35M▲ 24.6%
Current assets
€1.67M▲ 24.2%
Equity and liabilities €3.02M
Equity
€412k▲ 7.0%
Debt
€2.61M▲ 27.7%
The debt ratio rises from 84.1% to 86.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€195k▼
2024 · €223k
Cash flow
€156k▲
2024 · €145k
Solvency
13.6%▼
2024 · 15.9%
Current ratio
7.14▲
2024 · 6.91
Quick ratio
7.14▲
2024 · 6.91
Debt / equity
6.33▲
2024 · 5.31
ROE
13.8%▲
2024 · 13.5%
ROA
1.9%▼
2024 · 2.1%
Interest coverage
1.28▼
2024 · 1.80
Debt
€2.61M▲
2024 · €2.04M
Debt ≤ 1 year
€234k▲
2024 · €194k
Debt > 1 year
€978k▲
2024 · €814k
Income taxes
€23k▲
2024 · €19k
Staff costs
€275k▲
2024 · €257k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.43M€3.02M▲
Fixed assets21/28€1.09M€1.35M▲
Intangible fixed assets21€6k€3k▼
Tangible fixed assets22/27€1.08M€1.35M▲
Land and buildings22€1.01M€1.29M▲
Plant, machinery and equipment23€43k€45k▲
Furniture and vehicles24€31k€13k▼
Financial fixed assets28€910€910=
Current assets29/58€1.34M€1.67M▲
Amounts receivable within one year40/41€236k€255k▲
Trade receivables40€234k€247k▲
Other amounts receivable41€2k€8k▲
Current investments50/53€602k€704k▲
Cash at bank and in hand54/58€311k€492k▲
Deferred charges and accrued income490/1€195k€219k▲
Equity and liabilities
Total equity and liabilities10/49€2.43M€3.02M▲
Equity10/15€385k€412k▲
Contributions10/11€19k€19k=
Revaluation surpluses12€113k€105k▼
Reserves13€254k€289k▲
Distributable reserves133€254k€289k▲
Amounts payable17/49€2.04M€2.61M▲
Amounts payable after more than one year17€814k€978k▲
Financial debts170/4€814k€978k▲
Other amounts payable178/9€248€248=
Amounts payable within one year42/48€194k€234k▲
Current portion of amounts payable after more than one year42€110k€129k▲
Trade debts44€31k€28k▼
Suppliers440/4€31k€28k▼
Taxes, remuneration and social security45€30k€34k▲
Taxes450/3€5k€8k▲
Remuneration and social security454/9€25k€26k▲
Other amounts payable47/48€24k€42k▲
Accrued charges and deferred income492/3€1.04M€1.40M▲
Income statement
Code20242025
Remuneration, social security and pensions62€257k€275k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€93k€99k▲
Other operating charges640/8€19k€22k▲
Gross operating margin9900€498k€493k▼
Operating profit (loss)9901€129k€96k▼
Financial income75/76B€65k€137k▲
Recurring financial income75€65k€137k▲
Financial charges65/66B€124k€153k▲
Recurring financial charges65€124k€153k▲
Profit (loss) for the period before taxes9903€70k€80k▲
Income taxes67/77€19k€23k▲
Profit (loss) for the period9904€52k€57k▲
Profit (loss) for the period to be appropriated9905€52k€57k▲
Appropriation of the result
Profit (loss) to be appropriated9906€52k€57k▲
Transfer to equity691/2€32k€27k▼
To other reserves6921€32k€27k▼
Profit to be distributed694/7€20k€30k▲
Return on contributions (dividend)694€20k€30k▲
Social balance
Average headcount (FTE)90875.96.1▲
The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
22-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
22-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
13-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €156k
Net result €156k after one loss-making year.
31-12
Financial
Equity above €200kEq €285k
Equity rises from €-14k to €285k.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-100k ▼569%
Net result drops to €-100k, the lowest in the series; recovery starts the following year.
04-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
26-07
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
6 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, Brussel · 2 establishment units since 2012
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.
Meerstraat 371000 BrusselGround area
1,770 m²
Building footprint
1,095 m²
Volume, LiDAR
14,772 m³
2 parcels, Brussels, Wallonia · tallest building 29.3 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
Meerstraat 37, 1000 Brussel
since 20122.205.214.925
Rue d'Havré 9, 7000 Mons
since 20202.305.140.563
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0177/00R004 | Brussels | 1,646 m² | 1 · 1,057 m² | 29.3 m · 3 fl. |
| 53403G0398/00D000 | Wallonia | 124 m² | 1 · 38 m² | 13.2 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
894500K09VUOIJMCTT45
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Of 1,439 companies in sector 79110 we hold annual accounts for 880. 679 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-12-2011
Fiscal year end31-12
Abbreviation FR
CLEP
Activities, NACEBEL
79110Travel agency activities
70200Business and other management consultancy
70220Business consulting
74300Other professional, scientific and technical activities
74301Translation services
82100Office administrative and support services
82110Office administrative, office support and other business support activities
85599Other education
85699Other educational support services
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.