Equity
€3,671 from €62,731 in 2021
Equity fell by 94% in 4 years.
NStrad
Lifetime
6 annual accounts with figures on one time axispeak €84,217 (2021)
€3,785▼ 88.7%
lowest -€22,855 (2023)
-€15,274▼ €16,019
peak €62,731 (2021)
€3,671▼ 88.6%
€13,916▲ 129%
Board1 name since 2019
-
Documentsfilings and deeds
25-06-202636 days before the deadline
2025micro format
Gross margin from €33,499 to €3,785Loss of €15,274Dividend €13,250Equity from €32,195 to €3,671Debts from €6,075 to €13,916Cash from €11,927 to €5,656
Key points
from the 2025 annual accountsTurnover
≈ €24,000 estimated
The micro format states no turnover.
Debts
€13,916 79% of the balance sheet
Suppliers 3%Taxes and wages 16%Other 81%
Liquidity
1.24 was 6.14 in 2024
Short-term debts rose from €6,075 to €13,916.
Filings
6 annual accounts since 2020
The last five annual accounts were filed 34 to 55 days before the end of the period.
Position in the sector
-€15,274
Lower net result than 90% of companies in other professional activities. Sector median €9,321 · 4,357 companies.
Checked score
53
Fair
Financially stronger than 18% of micro companies in other professional activities (NACE 74)
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 5,431 companies (NACE 74, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.2%▲ +0.1 percentage points vs 05-2025
07-2025: 0.1%▼ -0.1 percentage points vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.2%▲ +0.1 percentage points vs 06-2026highest value
08-2026: 0.2%● unchanged vs 07-2026highest value
09-2026: 0.2%● unchanged vs 08-2026highest value
10-2026: 0.2%● unchanged vs 09-2026highest value
11-2026: 0.2%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Loss of €15,274 (financial year 2025)
lowers risk
Sector: Other professional, scientific and technical activities (NACE 74)
Size: total assets €17,587
Liquidity: current ratio 1.24, cash €5,656, halved
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 74, micro). It does better than 28% of them on solvency, 31% on liquidity, 7% on profitability and 6% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,133 companies had the same profile as NStrad has now. Each dot stands for 3 companies, two years later.
86.3%
were still trading
6.6%
stopped another way
6.4%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of NStrad itself is lower: 0.2% within 12 months. It rests on far more data about NStrad than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,133 companies, not a prediction for NStrad. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is tight, with a current ratio of 1.24 (6.14 in 2024), below the usual 1.5. Short-term debt is 79.1% and cash 32.2% of total assets. 79.1% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-06-2026, 36 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
36 days early
2024
42 days early
2023
55 days early
2022
34 days early
2021
36 days early
2020
37 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 40 days before the deadline. In the sector (NACE 74), the median for financial year 2024 was 3 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0727755960
Incorporation
100 shares · Appointment: STUYCKENS Nicolas Christian Daniel (director) · Registered office clause: rue du Château 35, 6224 Fleurus (Wanfercée-Baulet) · published on 06-06-2019 · Gazette deed
First establishment
Rue du Château 35, Fleurus
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NStrad Fleurus | €17,587 | €3,785 | 20.9% | - |
| Tradistiek Ghent | €15,512 | €3,047 | 19.2% | - |
| SOLUTION4TRANSLATION Tournai | €17,125 | €6,845 | 4.9% | - |
| EX VERBIS Ixelles | €23,288 | €6,357 | 79.7% | - |
| European Interpreters Société d’interprétation de conférence Blancquart & Castin Brussels | €20,288 | €1,906 | 44.9% | - |
| HEY TRANSLATIONS Verviers | €15,251 | €7,902 | 61.0% | - |
| Amécon Roeselare | €22,443 | €2,999 | 70.5% | - |
These companies have the same main activity as NStrad: translation services (NACE 74301). They are comparable in size and age: total assets between €15,300 and €23,300, founded between 2014 and 2021.
Official details
Source: KBO- Status
- Active since 04-06-2019Normal situation
- Activity
- Translation servicesNACE 74301and 3 others
- Establishment unit
- 2.291.078.7316224 Fleurus, since 04-06-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 08-01-2026
Annual accounts 2025
- €17,587▼ 54.0%
- Filing
- Filed on 25-06-2026, 36 days before the end of the filing period
Insights on NStrad
NStrad files the micro format. That format states no turnover. The gross margin fell from €47,964 in 2020 to €3,785 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about NStrad
- What is the company number of NStrad?
- The company number of NStrad is 0727.755.960. The VAT number is the same number with BE in front: BE 0727.755.960.
- Where is NStrad based?
- The registered office is at Rue du Château 35, 6224 Fleurus.Company details
- What does NStrad do?
- According to the KBO register, the main activity is translation services (NACE 74301).
- What is the legal form of NStrad?
- NStrad is a private limited company (BV).
- When was NStrad founded?
- NStrad was founded on 04-06-2019.
- Is NStrad still active?
- Yes, NStrad is an active enterprise in the KBO register.
- How many employees does NStrad have?
- NStrad had an average of 1 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- What is the turnover of NStrad?
- The turnover in financial year 2025 is ≈ €24,000. This figure is estimated from the gross margin of €3,785 and 41 comparable companies (NACE 74). It probably lies between €12,000 and €43,000. It is a rough estimate. In financial year 2022 turnover was €88,910.
- Is NStrad profitable?
- In financial year 2025, NStrad made a loss of €15,274.
- Where can I find the annual accounts of NStrad?
- NStrad filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NStrad due?
- NStrad must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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