LIONBRIDGE BELGIUM
LIONBRIDGE BELGIUM has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.98M and a net result of €84k. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 95% of 2197 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
| Equity | €5.98M |
| Net result | €84k |
| Staff (FTE) | 4.8 |
| Better than sector | 95% |
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 98.0% | 41.3% | |
| Net result | €84k | €22k | |
| Equity | €5.98M | €215k | |
| Gross operating margin | €611k | €85k | |
| Staff costs | €598k | €143k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - | - |
| EBITDA | €12k | €30k | €-8k | €-9k | €52k |
| Net profit | €84k | €155k | €59k | €8k | €21k |
| Cash flow | €86k | €158k | €59k | €11k | €24k |
| Staff costs | €598k | €583k | €699k | €680k | €624k |
| Income taxes | €148 | €128 | €134 | €120 | €107 |
| Dividends | - | - | - | - | - |
| Total assets | €6.10M | €6.04M | €5.93M | €6.00M | €6.05M |
| Equity | €5.98M | €5.90M | €5.74M | €5.68M | €5.68M |
| Debt | €122k | €147k | €188k | €311k | €371k |
| of which ≤ 1y | €122k | €146k | €188k | €311k | €371k |
| of which > 1y | - | - | - | - | - |
| Working capital | €4.39M | €4.30M | €3.28M | €3.22M | €3.21M |
| Employees (FTE) | 4.8 | 5.5 | 6.9 | 8.0 | 7.0 |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 36.87 | 30.41 | 18.46 | 11.36 | 9.66 |
| Quick ratio | 36.87 | 30.41 | 18.46 | 11.36 | 9.66 |
| Working capital ratio | 71.9% | 71.1% | 55.3% | 53.7% | 53.2% |
| Solvency | 98.0% | 97.6% | 96.8% | 94.8% | 93.9% |
| Debt / equity | 0.02 | 0.02 | 0.03 | 0.05 | 0.07 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | 3.17 | 87.76 | -1.11 | -35.99 | 1.85 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 1.4% | 2.6% | 1.0% | 0.1% | 0.4% |
| ROE | 1.4% | 2.6% | 1.0% | 0.1% | 0.4% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (22 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €6.10M | €6.04M | €5.93M | €6.00M | €6.05M |
| Fixed assets | 21/28 | €1.60M | €1.60M | €2.46M | €2.46M | €2.46M |
| Tangible fixed assets | 22/27 | €956 | €3k | €5k | €1k | €700 |
| Financial fixed assets | 28 | €1.59M | €1.59M | €2.46M | €2.46M | €2.46M |
| Current assets | 29/58 | €4.51M | €4.45M | €3.47M | €3.53M | €3.59M |
| Amounts receivable within one year | 40/41 | €4.51M | €4.44M | €3.47M | €3.53M | €3.59M |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €6.10M | €6.04M | €5.93M | €6.00M | €6.05M |
| Equity | 10/15 | €5.98M | €5.90M | €5.74M | €5.68M | €5.68M |
| Contributions / capital | 10/11 | €154k | €154k | €154k | €154k | €154k |
| Reserves | 13 | €653k | €653k | €653k | €653k | €653k |
| Accumulated profits (losses) | 14 | €5.18M | €5.09M | €4.94M | €4.88M | €4.87M |
| Amounts payable | 17/49 | €122k | €147k | €188k | €311k | €371k |
| Amounts payable within one year | 42/48 | €122k | €146k | €188k | €311k | €371k |
| Trade debts payable within one year | 44 | €26k | €11k | €26k | €118k | €235k |
| Income statement | ||||||
| Gross operating margin | 9900 | €611k | €614k | €744k | €675k | €674k |
| Operating result | 9901 | €10k | €28k | €-8k | €-12k | €50k |
| Financial income | 75 | €78k | €128k | €74k | €20k | - |
| Financial charges | 65 | €4k | €347 | €7k | €250 | €28k |
| Result before taxes | 9903 | €84k | €155k | €59k | €8k | €21k |
| Income taxes | 67/77 | €148 | €128 | €134 | €120 | €107 |
| Net result for the period | 9904 | €84k | €155k | €59k | €8k | €21k |
| Result to be appropriated | 9905 | €84k | €155k | €59k | €8k | €21k |
-
Clemente Claudio CohenManaging directorState Gazette act 21122162 (13-10-2021)Current20-09-2017 → present
2 events
- 13-10-2021 Appointed· Managing director
- 20-09-2017 Appointed· Manager
Historic, not recently confirmed (1)
-
John Sullivan FennellyManagerState Gazette act 17133592 (20-09-2017)Not recently confirmedlast confirmed in an act from 2017
Permanent representatives (2)
-
Benoit Van RoostVaste vertegenwoordiger commissarisState Gazette act 16099193 (15-07-2016)Permanent representative26-02-2015 → present
2 events
- 15-07-2016 Appointed· Vaste vertegenwoordiger commissaris
- 26-02-2015 Appointed· Representant permanent commissaire
-
Alexis PalmRepresentant permanent commissaireState Gazette act 15031224 (26-02-2015)Permanent representative- → 26-02-2015
Former directors (4)
-
Rudy TirryBijzondere volmachtState Gazette act 21122162 (13-10-2021)Former- → 13-10-2021
-
Marc LitzManagerState Gazette act 17133592 (20-09-2017)Former- → 20-09-2017
-
Rory CowanManagerState Gazette act 17133592 (20-09-2017)Former- → 20-09-2017
-
Tom SpelManagerState Gazette act 17133592 (20-09-2017)Former- → 20-09-2017
| BDO Bedrijfsrevisoren BVCurrent Statutory auditor | 09-07-2025 → present |
Show 5 earlier auditors
| BDO Bedrijfsrevisoren Statutory auditor succeeded by BDO Bedrijfsrevisoren BV in 2025 | 17-07-2019 → 09-07-2025 |
| BDO Bedrijfsrevisoren BV CVBA Statutory auditor succeeded by BDO Bedrijfsrevisoren in 2019 | 17-02-2017 → 17-07-2019 |
| Ellen Lombaerts Statutory auditor succeeded by BDO Bedrijfsrevisoren in 2019 | 17-02-2017 → 17-07-2019 |
| KPMG Bedrijfsrevisoren Burg. CVBA Statutory auditor succeeded by BDO Bedrijfsrevisoren in 2019 | 15-07-2016 → 17-07-2019 |
| KPMG Bedrijfsrevisoren BV CVBA Statutory auditor | - → 17-02-2017 |
| NACE primary | Computer programming(62100) |
| Legal form | Private limited company(610) |
| Incorporation | 06-01-2000 |
| Status | Active |
| Postal code | 1050 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0007/00R000 | Brussels | 1,683 m² | 1 · 2,433 m² | 35.6 m · 9 fl. |
We know of 14 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
09-07-2025 BDO Bedrijfsrevisoren BV appointed as statutory auditor
- BDO Bedrijfsrevisoren BV, Commissaris
Technical details
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}29-12-2023 Publication in the Belgian Official Gazette, Minor change
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}13-06-2022 Ellen Lombaerts appointed as statutory auditor
- Ellen Lombaerts, Commissaris
Technical details
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}13-10-2021 1 director appointed, 1 resigning
- Clemente Claudio Cohen, Gedelegeerd bestuurder
- Rudy Tirry, Bijzondere volmacht
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}06-01-2020 Registered office moved from Sint-Lambrechts-Woluwe to Brussel
- Gulledelle 92 bus 4, 1200 Sint-Lambrechts-Woluwe → Stephanie Square Centre, Louizalaan 65, bus 11, 1050 Brussel
Technical details
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}17-07-2019 BDO Bedrijfsrevisoren appointed as statutory auditor
- BDO Bedrijfsrevisoren, Commissaris
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}20-09-2017 2 directors appointed, 3 resigning
- John Sullivan Fennelly, Zaakvoerder
- Clemente Claudio Cohen, Zaakvoerder
- Marc Litz, Zaakvoerder
- Rory Cowan, Zaakvoerder
- Tom Spel, Zaakvoerder
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}20-02-2017 Articles of association amended
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}17-02-2017 2 directors appointed, 1 resigning
- BDO Bedrijfsrevisoren BV CVBA, Commissaris
- Ellen Lombaerts, Commissaris
- KPMG Bedrijfsrevisoren BV CVBA, Commissaris
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}15-07-2016 2 directors appointed
- KPMG Bedrijfsrevisoren Burg. CVBA, Commissaris
- Benoit Van Roost, Vaste vertegenwoordiger commissaris
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}26-02-2015 1 director appointed, 1 resigning
- Benoit Van Roost, Representant permanent commissaire
- Alexis Palm, Representant permanent commissaire
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}| Legal nameNL | LIONBRIDGE BELGIUM |