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ActiveSummary
Translink has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €175,485 and a net result of -€16,578. Equity is growing by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 86% of 2834 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability18▼-2
Solvency100=
Growth35=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days only on tighter terms
Liquidity ample (current ratio 5.7 against 5.72 in 2023; short-term debt: 17.5% and cash: 31.1% of total assets), and 17.5% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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
82.5%
Return on assets
-7.8%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€16,578
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-12-2025, 150 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
150 d late
2023
61 d late
2022
1 d late
2021
78 d late
2020
95 d late
2019
236 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 104 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Turnover
€38,075▼ 57.7%
2021 · €90,114
EBIT margin
4.7%▼ 37.8pp
2021 · 42.6%
Net result
-€16,578▼ 2.0%
2023 · -€16,252
Working capital
€175,035▼ 8.7%
2023 · €191,613
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€63,232▼ 67.1%€90,114▲ 42.5%€38,075▼ 57.7%
Operating result€31,083▼ 63.7%€38,361▲ 23.4%€1,801▼ 95.3%-€6,824-€7,531▼ 10.4%
Net result€41,263▼ 43.3%€10,174▼ 75.3%-€6,087-€16,252▼ 167%-€16,578▼ 2.0%
EBIT margin49.2%▲ 4.5pp42.6%▼ 6.6pp4.7%▼ 37.8pp
Equity€204,228▲ 25.3%€214,402▲ 5.0%€208,315▼ 2.8%€192,063▼ 7.8%€175,485▼ 8.6%
Total assets€438,352▼ 19.8%€444,130▲ 1.3%€445,170▲ 0.2%€232,628▼ 47.7%€212,698▼ 8.6%
Debt€234,124▼ 38.9%€229,728▼ 1.9%€236,855▲ 3.1%€40,565▼ 82.9%€37,213▼ 8.3%
Working capital€203,778▲ 25.4%€213,952▲ 5.0%€207,865▼ 2.8%€191,613▼ 7.8%€175,035▼ 8.7%
Staff (FTE)
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7,531 in 2024 against €6,824 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 €212,698
Fixed assets
€450 =
Current assets
€212,248 ▼ 8.6%
Equity and liabilities €212,698
Equity
€175,485 ▼ 8.6%
Debt
€37,213 ▼ 8.3%
Debt's share of the balance-sheet total rises from 17.4% to 17.5%. Equity and debt are lower.
Key figures and ratios
Current ratio
5.70▼
2023 · 5.72
Debt to equity
0.21▲
2023 · 0.21
ROE
-9.4%▼
2023 · -8.5%
ROA
-7.8%▼
2023 · -7.0%
Debt ≤ 1 year
€37,213▼
2023 · €40,565
Income taxes
€8,900
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €63,232 | €90,114 | €38,075 | - | - | - |
| Non-recurring operating income76A | - | - | €553 | €0 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €50,757 | €36,421 | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €2,618 | - | - | - | - |
| Other operating charges640/8 | - | €1,439 | €603 | €469 | €592 | ▲ 26.3% |
| Gross operating margin9900 | €31,502 | €42,418 | €2,405 | -€6,355 | -€6,938 | ▼ 9.2% |
| Operating profit (loss)9901 | €31,083 | €38,361 | €1,801 | -€6,824 | -€7,531 | ▼ 10.4% |
| Financial income75/76B | - | €1,601 | €4 | €0 | €16 | - |
| Recurring financial income75 | €23,304 | €587 | €4 | €0 | €16 | - |
| Non-recurring financial income76B | - | €1,015 | - | - | - | - |
| Financial charges65/66B | - | €8,551 | €7,930 | €9,428 | €164 | ▼ 98.3% |
| Recurring financial charges65 | €9,079 | €8,551 | €7,930 | €9,428 | €164 | ▼ 98.3% |
| Profit (loss) for the period before taxes9903 | €45,308 | €31,411 | -€6,125 | -€16,252 | -€7,678 | ▲ 52.8% |
| Income taxes67/77 | €4,045 | €21,237 | -€38 | - | €8,900 | - |
| Profit (loss) for the period9904 | €41,263 | €10,174 | -€6,087 | -€16,252 | -€16,578 | ▼ 2.0% |
| Profit (loss) for the period to be appropriated9905 | €41,263 | €10,174 | -€6,087 | -€16,252 | -€16,578 | ▼ 2.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €438,352 | €444,130 | €445,170 | €232,628 | €212,698 | ▼ 8.6% |
| Fixed assets21/28 | €450 | €450 | €450 | €450 | €450 | = |
| Intangible fixed assets21 | - | €0 | €0 | - | €0 | - |
| Tangible fixed assets22/27 | - | €0 | - | - | - | - |
| Financial fixed assets28 | €450 | €450 | €450 | €450 | €450 | = |
| Current assets29/58 | €437,902 | €443,680 | €444,720 | €232,178 | €212,248 | ▼ 8.6% |
| Amounts receivable after more than one year29 | - | - | - | - | €40,498 | - |
| Trade receivables290 | - | - | - | - | €40,498 | - |
| Amounts receivable within one year40/41 | €68,352 | €72,195 | €63,688 | €39,867 | - | - |
| Trade receivables40 | - | €50,553 | €46,755 | €39,867 | - | - |
| Other amounts receivable41 | - | €21,643 | €16,933 | €0 | - | - |
| Current investments50/53 | €106,547 | €105,860 | €105,781 | €105,734 | €105,688 | = |
| Cash at bank and in hand54/58 | €263,003 | €265,625 | €275,251 | €86,576 | €66,062 | ▼ 23.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €438,352 | €444,130 | €445,170 | €232,628 | €212,698 | ▼ 8.6% |
| Equity10/15 | €204,228 | €214,402 | €208,315 | €192,063 | €175,485 | ▼ 8.6% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Capital10 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Issued capital100 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Uncalled capital101 | - | €6,192 | €6,192 | €6,192 | €6,192 | = |
| Reserves13 | €59,017 | €59,017 | €59,017 | €59,017 | €59,017 | = |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Legal reserve130 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Distributable reserves133 | - | €57,158 | €57,158 | €57,158 | €57,158 | = |
| Profit (loss) carried forward14 | €132,810 | €142,984 | €136,897 | €120,645 | €104,067 | ▼ 13.7% |
| Amounts payable17/49 | €234,124 | €229,728 | €236,855 | €40,565 | €37,213 | ▼ 8.3% |
| Amounts payable within one year42/48 | €234,124 | €229,728 | €236,855 | €40,565 | €37,213 | ▼ 8.3% |
| Trade debts44 | €30,861 | €26,150 | €27,333 | €29,871 | €34,072 | ▲ 14.1% |
| Suppliers440/4 | - | €26,150 | €27,333 | €29,871 | €34,072 | ▲ 14.1% |
| Taxes, remuneration and social security45 | - | €8,410 | €15,340 | €9,248 | €2,924 | ▼ 68.4% |
| Taxes450/3 | - | €7,635 | €6,966 | €3,838 | €495 | ▼ 87.1% |
| Remuneration and social security454/9 | - | €775 | €8,374 | €5,410 | €2,428 | ▼ 55.1% |
| Other amounts payable47/48 | - | €195,168 | €194,182 | €1,446 | €218 | ▼ 84.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €41,263 | €10,174 | -€6,087 | -€16,252 | -€16,578 | ▼ 2.0% |
| Operating cash flow (approximation) | €41,263 | €10,174 | -€6,087 | -€16,252 | -€16,578 | ▼ 2.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €2,622 | €9,626 | -€188,675 | -€20,514 | ▲ 89.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
28-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 150 days late
2024
31-12
Financial
Weakest financial yearnet -€16,578
Net result drops to -€16,578, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 5.72
Current ratio from 1.88 to 5.72; short-term debt falls from €236,855 to €40,565.
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 1 day late
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 78 days late
2021
03-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 95 days late
24-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 236 days late
2020
31-12
Financial
Equity above €200,000Eq €204,228 ▲25.3%
3 profitable years in a row build equity to €204,228.
2019
31-12
Financial
Highest result since 2018net €72,824 ▲146%
Operating result €85,731, net result €72,824, both a record.
31-12
Financial
Equity above €150,000Eq €162,965 ▲20.6%
2 profitable years in a row build equity to €162,965.
20-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 81 days late
Show earlier events
2018
03-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 64 days late
2017
25-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 56 days late
2016
29-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Leuven · 1 establishment unit since 1999
Ground area
46 m²
Building footprint
46 m²
Volume, LiDAR
452 m³
Parcel 24062A0318/00L000, Flanders · tallest building 13.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Mechelsestraat 132, 3000 Leuven
since 19992.090.073.054
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24062A0318/00L000 | Flanders | 46 m² | 1 · 46 m² | 13.3 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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WV-LOGIC
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Hasselt · Eq €175,436
SPECTRAL
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NEOLIMA
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Of 16,910 companies in sector 62100 we hold annual accounts for 8,775. 6,779 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded06-01-1999
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
73110Advertising agencies
74301Translation services
85599Other education
Scores and ratios are computed by Checked and are not a credit decision.