LANGUAGE STUDIES BRUSSELS
ActiveThe file of LANGUAGE STUDIES BRUSSELS contains 2 judicial reorganisation notices, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is 3.1% (moderate). The 2025 annual accounts show negative equity (-€102,306) and a net result of -€17,397. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 2108 sector peers (fiscal year 2025).
Overview
What they do
Other education
NACE 85599NACE 74852
#10 oldest company in Anderlecht, Education sector1 site
How big
€65,521total assets 2025
- Equity
- -€102,306
- Loss
- -€17,397
Turnover not published (abridged schema)
Who decides
Accounts filed 31 d late0 of 4 deeds read
Why 16- Judicial reorganisation on record- Higher-failure-rate region- Annual accounts: weaker financial profile- Negative equity+ Lower-failure-rate sector+ Long track recordFiled after the deadlineShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32▼-20
Track record60
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.28 against 0.19 in 2024; short-term debt: 256.1% and cash: 0.5% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven 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 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% fewer bankruptcies
← 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
-156.1%
Return on assets
-26.6%
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€102,306
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
29 d late
2023
84 d late
2022
8 d late
2021
75 d late
2020
90 d late
2019
101 d late
← 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 60 days after the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 32% 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 31 August (4 of the last 5 filed years within 44 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Financials
Fiscal year 2025Total assets €65,521Loss -€17,397Solvency -156.1%Liquidity 0.28
Total assets
€65,521▲ 59.2%
2018 - 2025
Net result
-€17,397▲ 68.5%
2018 - 2025
Equity
-€102,306▼ 20.5%
2018 - 2025
Staff (FTE)
1▲ 900%
2018 - 2024
Financials · fiscal year 2025, micro schema
In the rankings
#10 oldest company in Anderlecht, Education sector
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
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 85, Education, 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), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€228,604-€4,861-€31,307▼ 544%-€55,572▼ 77.5%-€16,602▲ 70.1%
Net result€227,961above the sector's middle half-€6,256below the sector's middle half-€31,573below the sector's middle half▼ 405%-€55,159below the sector's middle half▼ 74.7%-€17,397below the sector's middle half▲ 68.5%
Equity€8,080within the sector's middle half€1,823below the sector's middle half▼ 77.4%-€29,750below the sector's middle half-€84,909below the sector's middle half▼ 185%-€102,306below the sector's middle half▼ 20.5%
Total assets€89,846within the sector's middle half▲ 17.8%€38,977within the sector's middle half▼ 56.6%€37,108within the sector's middle half▼ 4.8%€41,151within the sector's middle half▲ 10.9%€65,521within the sector's middle half▲ 59.2%
Debt€81,767▼ 72.4%€37,154▼ 54.6%€66,857▲ 79.9%€126,060▲ 88.6%€167,827▲ 33.1%
Working capital-€9,715below the sector's middle half▲ 92.7%-€15,972below the sector's middle half▼ 64.4%-€47,545below the sector's middle half▼ 198%-€102,704below the sector's middle half▼ 116%-€120,101below the sector's middle half▼ 16.9%
Solvency9.0%below the sector's middle half▲ 297.2pp4.7%below the sector's middle half▼ 4.3pp-80.2%below the sector's middle half▼ 84.8pp-206.3%below the sector's middle half▼ 126.2pp-156.1%below the sector's middle half▲ 50.2pp
Current ratio0.88within the sector's middle half▲ 0.720.57below the sector's middle half▼ 0.310.29below the sector's middle half▼ 0.280.19below the sector's middle half▼ 0.100.28below the sector's middle half▲ 0.10
Return on assets (ROA)253.7%above the sector's middle half▲ 413.9pp-16.1%below the sector's middle half▼ 269.8pp-85.1%below the sector's middle half▼ 69.0pp-134.0%below the sector's middle half▼ 49.0pp-26.6%below the sector's middle half▲ 107.5pp
Staff (FTE)0.11
above
within
below
the middle half (P25 to P75) of NACE 85, Education, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €16,602 in 2025 against €55,572 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €65,521
Fixed assets
€17,795 =
Current assets
€47,726 ▲ 104%
Equity and liabilities
Equity-€102,306
Debt€167,827
Equity is negative: debt (€167,827) exceeds the balance-sheet total (€65,521).
Key figures and ratios
Key figures and ratios
Debt ≤ 1 year
€167,827▲
2024 · €126,060
Staff costs
€37,615▼
2024 · €45,682
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,621 companies that looked in July 2024 the way this one looks now, 4.5% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.5%
went bankrupt
10.0%
stopped otherwise
84%
still going
A further 1.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.1% 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 497,341 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 6,621 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.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €178,435 | - | - | - | - | - |
| Remuneration, social security and pensions62 | €15,694 | €3,339 | €37,345 | €45,682 | €37,615 | ▼ 17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,496 | - | - | - | - | - |
| Other operating charges640/8 | €122 | - | €165 | €521 | €3,877 | ▲ 644% |
| Non-recurring operating charges66A | €32,317 | - | - | - | - | - |
| Gross operating margin9900 | €280,232 | -€1,522 | €6,203 | -€9,369 | €24,889 | ▲ 366% |
| Operating profit (loss)9901 | €228,604 | -€4,861 | -€31,307 | -€55,572 | -€16,602 | ▲ 70.1% |
| Financial income75/76B | €150 | €0 | €0 | €823 | €446 | ▼ 45.8% |
| Recurring financial income75 | €150 | €0 | €0 | €823 | €446 | ▼ 45.8% |
| Financial charges65/66B | €792 | €1,395 | €266 | €410 | €1,241 | ▲ 202% |
| Recurring financial charges65 | €792 | €1,395 | €266 | €410 | €1,241 | ▲ 202% |
| Profit (loss) for the period before taxes9903 | €227,961 | -€6,256 | -€31,573 | -€55,159 | -€17,397 | ▲ 68.5% |
| Profit (loss) for the period9904 | €227,961 | -€6,256 | -€31,573 | -€55,159 | -€17,397 | ▲ 68.5% |
| Profit (loss) for the period to be appropriated9905 | €227,961 | -€6,256 | -€31,573 | -€55,159 | -€17,397 | ▲ 68.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €89,846 | €38,977 | €37,108 | €41,151 | €65,521 | ▲ 59.2% |
| Fixed assets21/28 | €17,795 | €17,795 | €17,795 | €17,795 | €17,795 | = |
| Financial fixed assets28 | €17,795 | €17,795 | €17,795 | €17,795 | €17,795 | = |
| Current assets29/58 | €72,051 | €21,182 | €19,313 | €23,356 | €47,726 | ▲ 104% |
| Amounts receivable within one year40/41 | €32,716 | €20,596 | €16,457 | €23,062 | €47,384 | ▲ 105% |
| Trade receivables40 | €18,567 | €19,895 | €13,403 | €20,116 | €43,612 | ▲ 117% |
| Other amounts receivable41 | €14,150 | €701 | €3,054 | €2,946 | €3,771 | ▲ 28.0% |
| Cash at bank and in hand54/58 | €335 | €586 | €663 | €294 | €342 | ▲ 16.4% |
| Deferred charges and accrued income490/1 | €39,000 | - | €2,193 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €89,846 | €38,977 | €37,108 | €41,151 | €65,521 | ▲ 59.2% |
| Equity10/15 | €8,080 | €1,823 | -€29,750 | -€84,909 | -€102,306 | ▼ 20.5% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Profit (loss) carried forward14 | -€10,513 | -€16,769 | -€48,342 | -€103,501 | -€120,898 | ▼ 16.8% |
| Amounts payable17/49 | €81,767 | €37,154 | €66,857 | €126,060 | €167,827 | ▲ 33.1% |
| Amounts payable within one year42/48 | €81,767 | €37,154 | €66,857 | €126,060 | €167,827 | ▲ 33.1% |
| Trade debts44 | €43,334 | €23,406 | €26,678 | €18,797 | €16,111 | ▼ 14.3% |
| Suppliers440/4 | €43,334 | €23,406 | €26,678 | €18,797 | €16,111 | ▼ 14.3% |
| Taxes, remuneration and social security45 | €10,758 | €6,955 | €17,478 | €20,804 | €17,852 | ▼ 14.2% |
| Taxes450/3 | €6,552 | €3,653 | €3,422 | €71 | €4,511 | ▲ 6,265% |
| Remuneration and social security454/9 | €4,206 | €3,302 | €14,056 | €20,733 | €13,341 | ▼ 35.7% |
| Other amounts payable47/48 | €27,675 | €6,793 | €22,701 | €86,458 | €133,864 | ▲ 54.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €227,961 | -€6,256 | -€31,573 | -€55,159 | -€17,397 | ▲ 68.5% |
| + Depreciation and write-downs630 | €3,496 | - | - | - | - | - |
| Operating cash flow (approximation) | €231,457 | -€6,256 | -€31,573 | -€55,159 | -€17,397 | ▲ 68.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €251 | €77 | -€369 | €48 | ▲ 113% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 11,660 companies in this sector we hold annual accounts for 1,328. See the whole sector
Timeline
14 eventsLatest 31-08-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
23-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 84 days late
2023
08-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 8 days late
2022
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 75 days late
2021
31-12
Financial
Back to profitnet €227,961
Net result €227,961 after 2 loss-making years.
05-11
Judicial reorganisation
Plan homologation
Tribunal de l’entreprise francophone de Bruxelles · event 28-10-2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
25-05
Judicial reorganisation
Opening
Tribunal de l’entreprise francophone de Bruxelles · collective agreement · event 19-05-2021
2020
31-12
Financial
Weakest financial yearnet -€122,199
Net result drops to -€122,199, the lowest in the series; recovery starts the following year.
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 6 days late
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
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.
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Company details
Private limited company · founded 11-07-1989Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded11-07-1989
Fiscal year end31-12
Abbreviation FR
L.S.B.
Trade name FR
L.S.I. LANGUAGE STUDIES INTERNATIONAL
Activities, NACEBEL 2025
85599Other education
74301Translation services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0437997362
Also
9925:BE0437997362
Registered
07-03-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Anderlecht · 1 establishment unit since 1989
Ground area
667 m²
Building footprint
696 m²
Volume, LiDAR
8,468 m³
2 parcels, Brussels · tallest building 25.2 m, ±6 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
BRUSSELS LANGUAGE STUDIES SERV
since 1989unit no. 2.045.607.858
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21305C0329/00G006 | Brussels | 473 m² | 1 · 467 m² | 25.2 m · 6 fl. |
| 21806F0081/00T000 | Brussels | 193 m² | 1 · 228 m² | 16.3 m · 2 fl. |
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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
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