LC LANGUAGE CENTRE
ActiveLC LANGUAGE CENTRE has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €19k and a net result of €14k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 44% of 2541 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
89
/ 100
Excellent▲ +13 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency69▲+49
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.46 against 1.04 in 2023), and 62.1% 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 85
Relative position
BE, all sectors
reference
Sector 85
lower
← 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
37.9%
Return on assets
27.9%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
1 d early
2023
21 d early
2022
24 d late
2021
29 d late
2020
30 d early
2019
52 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€19k▲ 277%
2023 · €5k
2018: €31k
2019: €31k
2020: €12k
2021: €-1k
2022: €-5k
2023: €5k
2018 → 2024
Total assets
€50k▲ 25.4%
2023 · €40k
2018: €82k
2019: €59k
2020: €37k
2021: €42k
2022: €21k
2023: €40k
2018 → 2024
Net result
€14k▲ 34.5%
2023 · €10k
2018: €11k
2019: €264
2020: €-19k
2021: €-13k
2022: €-4k
2023: €10k
2018 → 2024
Working capital
€14k▲ 1,070%
2023 · €1k
2018: €25k
2019: €25k
2020: €6k
2021: €-5k
2022: €-9k
2023: €1k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€12k-€-1k€-5k▼ 394%€5k€19k▲ 277%
Operating result€-16k-€-10k▲ 33.1%€-3k▲ 75.9%€12k€16k▲ 33.4%
Net result€-19k-€-13k▲ 31.2%€-4k▲ 68.0%€10k€14k▲ 34.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 33% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €50k
Fixed assets
€5k▲ 22.0%
Current assets
€45k▲ 25.7%
Equity and liabilities €50k
Equity
€19k▲ 277%
Debt
€31k▼ 10.9%
The debt ratio falls from 87.4% to 62.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€16k▲
2023 · €12k
Cash flow
€14k▲
2023 · €11k
Solvency
37.9%▲
2023 · 12.6%
Current ratio
1.46▲
2023 · 1.04
Quick ratio
1.46▲
2023 · 1.04
Debt / equity
1.64▼
2023 · 6.93
ROE
73.5%▼
2023 · 205.9%
ROA
27.9%▲
2023 · 26.0%
Interest coverage
9.97▲
2023 · 9.82
Debt
€31k▼
2023 · €35k
Debt ≤ 1 year
€31k▼
2023 · €35k
Income taxes
€428▲
2023 · €367
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€40k€50k▲
Fixed assets21/28€4k€5k▲
Tangible fixed assets22/27€291€1k▲
Plant, machinery and equipment23€16€0▼
Furniture and vehicles24€275€1k▲
Financial fixed assets28€4k€4k=
Current assets29/58€36k€45k▲
Amounts receivable within one year40/41€9k€12k▲
Trade receivables40€9k€12k▲
Other amounts receivable41€326€0▼
Cash at bank and in hand54/58€26k€31k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€40k€50k▲
Equity10/15€5k€19k▲
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€-15k€-1k▲
Amounts payable17/49€35k€31k▼
Amounts payable within one year42/48€35k€31k▼
Trade debts44€5k€5k▼
Suppliers440/4€5k€5k▼
Taxes, remuneration and social security45€6k€6k▲
Taxes450/3€6k€6k▲
Other amounts payable47/48€24k€20k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€329€191▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-1k€0▲
Other operating charges640/8€14k€1k▼
Gross operating margin9900€25k€18k▼
Operating profit (loss)9901€12k€16k▲
Financial income75/76B€1€7▲
Recurring financial income75€1€7▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€11k€14k▲
Income taxes67/77€367€428▲
Profit (loss) for the period9904€10k€14k▲
Profit (loss) for the period to be appropriated9905€10k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-15k€-1k▲
Profit (loss) brought forward from the previous period14P€-26k€-15k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €14k ▲34.5%
Net result €14k, the highest in the series.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €10k
Net result €10k after 3 loss-making years.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-19k ▼7413%
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
09-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
04-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
2016
19-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Sint-Pieters-Woluwe · 1 establishment unit since 1999
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.
de Broquevillelaan 121150 Sint-Pieters-WoluweGround area
1,291 m²
Building footprint
597 m²
Volume, LiDAR
15,768 m³
Parcel 21019A0206/00H005, Brussels · tallest building 29.1 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
LC LANGUAGE CENTRE
since 19992.093.028.584
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21019A0206/00H005 | Brussels | 1,291 m² | 1 · 597 m² | 29.1 m · 9 fl. |
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.
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Of 11,643 companies in sector 85599 we hold annual accounts for 1,319. 899 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded20-07-1999
Fiscal year end31-12
Activities, NACEBEL
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.