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Translate 4U2

Active
Private limited companyfounded 20206 years activeRue de la Tombe 10, 1367 Ramillies, BelgiumKBO/BCE: BE 0751.697.639
Summary

The computed 12-month bankruptcy probability of Translate 4U2 is 2.2% (moderate). The 2024 annual accounts show equity of €10,250 and a net result of €3,609. Equity is shrinking by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 19% of 4,345 sector peers (NACE 74, fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Translation services
NACE 74301
2 sites
Size
€112,066total assets 2024
Staff
1 FTE
Equity
€10,250
Profit
€3,609
Turnover not published (abridged schema)
Financial health
51 Fair Checked score 2024
Bankruptcy probability, 12 months
2.2%
Structure
Parent
BRUSSELS LANGUAGE SERVICES · 100%
Accounts 68 days overdue0 of 6 deeds read
Why 51- Figures for FY 2024 (filed 01-09-2025)- 1 financial year not filed after the legal deadline; latest accounts 29 days late; 1 of the last 3 late+ Sector Other professional, scientific and technical activities (NACE 74)+ Size: total assets €112,066Show the evidence

Checked score

Score 2024
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 19% of its sector peers (NACE 74, micro)
Financial strength · tick = 2023
Weak
Solvency 34-38
equity 9.1% of total assets
Liquidity 3-25
short-term debt 89.4% · cash 2.2%
Profitability 73-2
return on assets 3.2%
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (5,407 companies)
Last 24 months 11-2024: 0.6%lowest value 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.7%▲ +0.1 percentage points vs 05-2025 07-2025: 0.7%● unchanged vs 06-2025 08-2025: 1.0%▲ +0.3 percentage points vs 07-2025 09-2025: 1.2%▲ +0.2 percentage points vs 08-2025 10-2025: 0.7%▼ -0.5 percentage points vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 1.1%▲ +0.4 percentage points vs 07-2026 09-2026: 1.4%▲ +0.3 percentage points vs 08-2026 10-2026: 2.2%▲ +0.8 percentage points vs 09-2026highest value
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.94 against 1.64 in 2023; short-term debt: 89.4% and cash: 2.2% of total assets), and 90.9% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 20% on solvency, 4% on liquidity, 43% on profitability and 7% on growth.

The bankruptcy probability was computed on 06-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 01-09-2025)
NBB · annual accounts
lowers risk · Sector Other professional, scientific and technical activities (NACE 74)
KBO
lowers risk · Size: total assets €112,066
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 29 days late; 1 of the last 3 late
NBB · filings
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 4345 sector peers (2024).
NBB · sector comparison
Position among 4345 sector peers
Solvency
better than 19%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 5 filings
Deviation from the deadline
2025
not confirmed
2024
29 days late
2023
13 days late
2022
32 days late
2021
12 days late
2020
67 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 4 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Back to profitnet €20,450

Key points

  • Caution: Equity fell in 2024from €65,799 to €10,250 ▼ 84.4% View
  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View
  • Caution: Among the weakest 20% on solvencysector median 50.3% · 4,345 companies 9.1% View
  • Controlled by BRUSSELS LANGUAGE SERVICES 100% View

By topic

Financials

Fiscal year
2024
Total assets
€112,066
Profit
€3,609
Solvency
9.1%
Total assets▼ 19.9%
Net result
20202024
Go to Financials

Timeline

Events
8
Since
2021
  1. 01-09-2023Annual accounts filed
  2. 31-12-2022Weakest financial year
  3. 12-08-2022Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Translation servicesNACE 74301
Founded
31-07-2020
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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