LANGUAGE & ARCHITECTURE

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of LANGUAGE & ARCHITECTURE is 0.8% (low). The 2022 annual accounts show negative equity (€-19k) and a net result of €-10k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 1927 sector peers (fiscal year 2022). The company has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 5 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

0.8% Low

0%0,5%1,5%4%10%≥25%

Annual accounts: weaker financial profile +Lower-failure-rate sector −Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

Insufficient current data: the most recent filed accounts (financial year 2022) are too old to derive current signals.

Filing behaviour

From the deposit records, complete market-wide

Annual accounts not filed

The financial year that closed on 31-12-2023 was due at the National Bank by 31-07-2024. Nothing is on record today, 758 days later. 3 financial years are missing in total. Measured on financial year 2023: 41.75% of the companies that did not file are in an abnormal legal state today, against 1.66% of those that did.

Filed more than 90 days late

The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 12-04-2024, 256 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

How we compute the deadline

The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2022, that is 31-07-2023.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	nothing on record	not filed	-
31-12-2023	31-07-2024	nothing on record	not filed	-
31-12-2022	31-07-2023	12-04-2024	256 d late	2024-00062030
31-12-2021	31-07-2022	16-08-2023	381 d late	2023-00330497
31-12-2020	31-07-2021	30-11-2021	122 d late	2021-79300462
31-12-2019	31-07-2020	30-11-2020	122 d late	2020-74600482
31-12-2018	31-07-2019	25-10-2019	86 d late	2019-71700097
31-12-2017	31-07-2018	30-05-2018	62 d early	2018-14800009
31-12-2016	31-07-2017	29-09-2017	60 d late	2017-65300211
31-12-2015	31-07-2016	20-12-2016	142 d late	2016-70900343
31-12-2014	31-07-2015	20-12-2016	508 d late	2016-70900341

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Long-established

Founded in 1996, 29 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€-10k

Working capital€227k-0.6%

CSV export

Annual accounts & ratios

Source: NBB · 2022

Annual accounts filed on 12-04-2024 with the NBB · fiscal year 2022 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

volatile Too volatile to project: the yearly deviation from the trend is ~77% of the level (threshold 35%). We therefore deliberately show no projection line.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2022 · NACE 71, Architecture & engineering · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	-1.8%	48.3%	better than 8% of 1927 sector peers
Net result	€-10k	€16k	better than 6% of 1928 sector peers
Equity	€-19k	€32k	better than 5% of 1927 sector peers
Gross operating margin	€53k	€32k	better than 68% of 1925 sector peers
Total assets	€1.04M	€75k	better than 95% of 1929 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P8

Stable position over 2020-2022 · n=421-1927

Net result P6

Weakening position over 2020-2022 · n=421-1928

Equity P5

Stable position over 2020-2022 · n=421-1927

Gross operating margin P68

Weakening position over 2020-2022 · n=420-1925

Describes the position versus peers, not a forecast.

EBITDA

€48k

-55.1% 18-22

Net profit

€-10k

- 18-22

Cash flow

€33k

-55.1% 18-22

Total assets

€1.04M

-0.5% 18-22

Equity

€-19k

-115.8% 18-22

Working capital

€227k

-0.6% 18-22

Income taxes

€5k

-74.8% 18-22

Debt

€1.01M

+1.5% 18-22

Show 9 other metrics

Debt ≤ 1y

€187k

+23.4% 18-22

Debt > 1y

€825k

-2.4% 18-22

Current ratio

2.21

-11.7% 18-22

Quick ratio

2.21

-11.7% 18-22

Solvency

-1.8%

-116.8% 18-22

Debt / equity

-53.59

+53.0% 18-22

ROE

53.7%

- 18-22

ROA

-1.0%

- 18-22

Interest coverage

2.37

-44.9% 18-22

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2022
Deposit	micro
Revenue	-
EBITDA	€48k
Net profit	€-10k
Cash flow	€33k
Staff costs	-
Income taxes	€5k
Dividends	-
Total assets	€1.04M
Equity	€-19k
Debt	€1.01M
of which ≤ 1y	€187k
of which > 1y	€825k
Working capital	€227k
Employees (FTE)	-

Ratios (computed)

	2022
Current ratio	2.21
Quick ratio	2.21
Working capital ratio	21.7%
Solvency	-1.8%
Debt / equity	-53.59
Long-term debt ratio	-43.68
Interest coverage	2.37
Gross margin	-
Net margin	-
ROA	-1.0%
ROE	53.7%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2022

Assets

Fixed assets €629k · 60.3% Current assets €414k · 39.7%

Full annual accounts (24 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2022
Balance sheet, Assets
TOTAL ASSETS	20/58	€1.04M
Fixed assets	21/28	€629k
Tangible fixed assets	22/27	€627k
Financial fixed assets	28	€2k
Current assets	29/58	€414k
Amounts receivable within one year	40/41	€392k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.04M
Equity	10/15	€-19k
Contributions / capital	10/11	€6k
Reserves	13	€98k
Accumulated profits (losses)	14	€-123k
Provisions & deferred taxes	16	€50k
Amounts payable	17/49	€1.01M
Amounts payable after one year	17	€825k
Amounts payable within one year	42/48	€187k
Trade debts payable within one year	44	€81k
Income statement
Gross operating margin	9900	€53k
Operating result	9901	€5k
Financial income	75	€0
Financial charges	65	€20k
Result before taxes	9903	€-15k
Income taxes	67/77	€5k
Net result for the period	9904	€-10k
Result to be appropriated	9905	€9k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2022 · computed

50 / 100 Fair

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2022. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register

exact location from the address register On OpenStreetMap

3 companies at this address See who is registered here

Establishment units

1 location

Torekenstraat 27, 1040 Etterbeek

Activiteiten van fotografen, met uitzondering van persfotografen

since 19972.301.556.612

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area278 m²

Buildings1

Building footprint109 m²

Volume (LiDAR)1,313 m³

Tallest building17.0 m · ±5 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21005A0303/00C011	Brussels	278 m²	1 · 109 m²	17.0 m · 5 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

0 of 4 acts read

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Financial profile

5 of 5 axes measured

75 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 50

Profitability 100

Solvency 67

Growth 58

Stability 100

Credit advice

verdict per customer and amount

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We hold annual accounts for 1,528 of the 18,312 companies in this sector. 1,075 of them are within a factor 10 of this company's equity.

See full sector →

Company registry

Company registry (CBE)

Crossroads Bank

Activities

Activiteiten van bouwarchitecten71111Architecten74201

Primary activity highlighted.

Names & trade names

Legal nameFR

LANGUAGE & ARCHITECTURE

Registered office

Torekenstraat 27

1040 Etterbeek, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.