European Translation Network
ActiveSummary
The annual accounts of European Translation Network for fiscal year 2025 show a net loss of 56% of total assets and of 52% of the equity at the start of that year. The 2025 annual accounts show equity of €12k and a net result of €-12k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 52% of 3480 sector peers (fiscal year 2025). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency77▼-9
Growth22=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 2.18 against 1.58 in 2024; short-term debt: 43.4% and cash: 72.2% of total assets), and 47.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
Sector 74
lower
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
52.2%
Return on assets
-55.6%
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 · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-12k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
11 d late
2024
29 d late
2023
23 d late
2022
30 d late
2021
31 d late
2020
30 d late
2019
66 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€58k▼ 0.7%
2024 · €59k
2018: €408k
2019: €342k
2020: €259k
2021: €188k
2022: €218k
2023: €194k
2024: €59k
2018 → 2025
EBIT margin
-21.2%▲ 23.0pp
2024 · -44.2%
2018: 8.7%
2019: 5.0%
2020: -5.0%
2021: -3.8%
2022: 2.9%
2023: 23.3%
2024: -44.2%
2018 → 2025
Net result
€-12k▲ 52.2%
2024 · €-26k
2018: €16k
2019: €10k
2020: €-13k
2021: €-3k
2022: €2k
2023: €41k
2024: €-26k
2018 → 2025
Working capital
€12k▲ 41.5%
2024 · €8k
2018: €-33k
2019: €-12k
2020: €2k
2021: €-35
2022: €3k
2023: €47k
2024: €8k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€188k-€218k▲ 16.2%€194k▼ 11.1%€59k▼ 69.7%€58k▼ 0.7%
Equity€8k-€9k▲ 20.4%€50k▲ 444%€24k▼ 51.9%€12k▼ 51.6%
Operating result€-7k-€6k€45k▲ 609%€-26k€-12k▲ 52.3%
Net result€-3k-€2k€41k▲ 2,523%€-26k€-12k▲ 52.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €12k in 2025 against €26k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €22k
Fixed assets
€1k ▼ 93.4%
Current assets
€21k ▼ 3.9%
Equity and liabilities €22k
Equity
€12k ▼ 51.6%
Debt
€11k ▼ 32.0%
Debt's share of the balance-sheet total rises from 39.5% to 47.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-11k▲
2024 · €-22k
Cash flow
€-11k▲
2024 · €-22k
Current ratio
2.18▲
2024 · 1.58
Debt to equity
0.92▲
2024 · 0.65
ROE
-106.6%▲
2024 · -107.9%
ROA
-55.6%▲
2024 · -65.3%
Interest coverage
-101.31▲
2024 · -179.02
Debt ≤ 1 year
€10k▼
2024 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€40k€22k▼
Fixed assets21/28€18k€1k▼
Tangible fixed assets22/27€18k€1k▼
Plant, machinery and equipment23€386-
Furniture and vehicles24€16k€92▼
Other tangible fixed assets26€1k€1k▼
Current assets29/58€22k€21k▼
Amounts receivable within one year40/41€5k€4k▼
Trade receivables40€4k€4k▲
Other amounts receivable41€576-
Cash at bank and in hand54/58€16k€16k▼
Deferred charges and accrued income490/1€1k€640▼
Equity and liabilities
Total equity and liabilities10/49€40k€22k▼
Equity10/15€24k€12k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€4k€-9k▼
Amounts payable17/49€16k€11k▼
Amounts payable within one year42/48€14k€10k▼
Trade debts44€7k€9k▲
Suppliers440/4€7k€9k▲
Taxes, remuneration and social security45€7k€1k▼
Taxes450/3€7k€1k▼
Accrued charges and deferred income492/3€2k€1k▼
Income statement
Code20242025
Turnover70€59k€58k▼
Goods, raw materials, services and sundry goods60/61€80k€68k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€2k▼
Other operating charges640/8€554€1k▲
Gross operating margin9900€-21k€-9k▲
Operating profit (loss)9901€-26k€-12k▲
Financial income75/76B€2-
Recurring financial income75€2-
Financial charges65/66B€121€105▼
Recurring financial charges65€121€105▼
Profit (loss) for the period before taxes9903€-26k€-12k▲
Income taxes67/77€23-
Profit (loss) for the period9904€-26k€-12k▲
Profit (loss) for the period to be appropriated9905€-26k€-12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4k€-9k▼
Profit (loss) brought forward from the previous period14P€30k€4k▼
The notes to these accounts (6 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
11-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €-26k ▼164%
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
31-12
Financial
Highest result since 2018net €41k ▲2523%
Operating result €45k, net result €41k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.54
Current ratio from 1.16 to 2.54.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 66 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Beauvechain · 1 establishment unit since 2009
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.
Rue de la Teinturerie,T.-la-G. 131320 BeauvechainGround area
1,559 m²
Building footprint
121 m²
Parcel 25103B0073/00K000, Wallonia. Linked by address, not a title deed.
1 establishment unit
EUROPEAN TRANSLATION NETWORK
since 20092.180.975.318
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25103B0073/00K000 | Wallonia | 1,558 m² | 1 · 121 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
DYCAMATRA
BE 0779.313.242
Ath · Eq €11,733
Lingo International Services
BE 0799.167.261
Leuven · Eq €11,633
LOST IN TRANSLATION ?
BE 0506.914.278
Hélécine · Eq €11,622
Emergent Solutions
BE 0716.755.566
Antwerpen · Eq €11,539
TRANSMUNDI
BE 0467.083.011
Antwerpen · Eq €11,954
Of 4,529 companies in sector 74301 we hold annual accounts for 719. 472 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-09-2009
Fiscal year end31-12
Abbreviation FR
ETN
Activities, NACEBEL 2025
74301Translation services
70200Business and other management consultancy
73110Advertising agencies
82100Office administrative and support services
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.etn-translations.com
E-mail:info@etn-translations.com