LINGUA RR
ActiveThe computed 12-month bankruptcy probability of LINGUA RR is 2.0% (moderate). The 2024 annual accounts show negative equity (€-28k) and a net result of €-40k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 9% of 26043 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
27
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0▼-51
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.56 against 1.32 in 2023; short-term debt: 173.5% and cash: 96.6% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
-91.2%
Return on assets
-132%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-28k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-10-2025, 90 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
90 d late
2023
91 d late
2022
29 d late
2021
94 d late
2020
61 d late
2019
81 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-28k
2023 · €12k
2018: €11k
2019: €7k
2020: €17k
2021: €32k
2022: €32k
2023: €12k
2018 → 2024
Total assets
€31k▼ 35.8%
2023 · €48k
2018: €12k
2019: €13k
2020: €29k
2021: €51k
2022: €48k
2023: €48k
2018 → 2024
Net result
€-40k▼ 103%
2023 · €-20k
2018: €5k
2019: €-5k
2020: €10k
2021: €15k
2022: €667
2023: €-20k
2018 → 2024
Working capital
€-24k
2023 · €11k
2018: €10k
2019: €5k
2020: €15k
2021: €30k
2022: €31k
2023: €11k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€17k-€32k▲ 85.0%€32k▲ 2.1%€12k▼ 61.4%€-28k
Operating result€17k-€21k▲ 22.1%€3k▼ 84.6%€-16k€-37k▼ 128%
Net result€10k-€15k▲ 42.1%€667▼ 95.4%€-20k€-40k▼ 103%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €37k in 2024 against €16k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €31k
Fixed assets
€1k=
Current assets
€30k▼ 36.6%
Key figures and ratios
EBITDA
€-37k▼
2023 · €-16k
Cash flow
€-40k▼
2023 · €-20k
Solvency
-91.2%▼
2023 · 26.2%
Current ratio
0.56▼
2023 · 1.32
Quick ratio
0.56▼
2023 · 1.32
Debt / equity
-2.10▼
2023 · 2.82
ROA
-132.0%▼
2023 · -41.7%
Interest coverage
-9.54▼
2023 · -4.15
Debt
€58k▲
2023 · €35k
Debt ≤ 1 year
€53k▲
2023 · €35k
Staff costs
€73k▲
2023 · €64k
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€48k€31k▼
Fixed assets21/28€1k€1k=
Tangible fixed assets22/27€0-
Plant, machinery and equipment23€0-
Financial fixed assets28€1k€1k=
Current assets29/58€47k€30k▼
Amounts receivable within one year40/41€0-
Other amounts receivable41€0-
Cash at bank and in hand54/58€47k€30k▼
Equity and liabilities
Total equity and liabilities10/49€48k€31k▼
Equity10/15€12k€-28k▼
Contributions10/11€13k€13k=
Reserves13€19k€19k=
Distributable reserves133€19k€19k=
Profit (loss) carried forward14€-20k€-60k▼
Amounts payable17/49€35k€58k▲
Amounts payable within one year42/48€35k€53k▲
Trade debts44€10k€25k▲
Suppliers440/4€10k€25k▲
Taxes, remuneration and social security45€24k€27k▲
Taxes450/3€6k€6k▲
Remuneration and social security454/9€18k€21k▲
Other amounts payable47/48€974€812▼
Accrued charges and deferred income492/3-€5k
Income statement
Code20232024
Remuneration, social security and pensions62€64k€73k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€260€0▼
Other operating charges640/8€3k€4k▲
Gross operating margin9900€51k€41k▼
Operating profit (loss)9901€-16k€-37k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Profit (loss) for the period before taxes9903€-20k€-40k▼
Income taxes67/77€0-
Profit (loss) for the period9904€-20k€-40k▼
Profit (loss) for the period to be appropriated9905€-20k€-40k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-20k€-60k▼
Profit (loss) brought forward from the previous period14P-€-20k
Transfer to equity691/2€0-
To other reserves6921€0-
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
2025
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 90 days late
2024
31-12
Financial
Weakest financial yearnet €-40k
Net result drops to €-40k, the lowest in the series.
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 91 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
02-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 94 days late
2021
31-12
Financial
Highest result since 2018net €15k ▲42.1%
Operating result €21k, net result €15k, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
20-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 81 days late
2019
24-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 55 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Antwerpen · 1 establishment unit since 2016
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.
Nationalestraat 1102000 AntwerpenGround area
136 m²
Building footprint
136 m²
Volume, LiDAR
1,906 m³
Parcel 11804D2926/00D000, Flanders · tallest building 19.7 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
LINGUA RR
since 20162.252.471.543
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11804D2926/00D000 | Flanders | 136 m² | 1 · 136 m² | 19.7 m · 5 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.252.471.543
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MUJDE COMPANY
BE 1005.637.503
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Bakkerij Verman
BE 1004.942.170
Middelkerke · Eq €12k
M.S.
BE 0452.784.518
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Of 2,407 companies in sector 47241 we hold annual accounts for 1,099. 728 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-03-2016
Fiscal year end31-12
Activities, NACEBEL
47241Retail sale of bread and pastry (bakery outlets)
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.