TRANSLO
ActiveThe computed 12-month bankruptcy probability of TRANSLO is 2.8% (moderate). The 2024 annual accounts show negative equity (€-23k) and a net result of €-10k. Equity is shrinking by ~36.2% per year across the filed fiscal years. Its solvency ranks better than 12% of 6717 sector peers (fiscal year 2024). The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
23
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability19▲+19
Solvency14▲+2
Growth32=
Track record100
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.87 against 0.87 in 2023; short-term debt: 102.9% and cash: 4.7% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
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
-11.2%
Return on assets
-5.2%
Age of the figures
21 mo
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 · 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 €-23k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-09-2025, 49 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
49 d late
2023
69 d late
2022
60 d late
2021
31 d late
2020
36 d late
2019
94 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-23k▼ 86.2%
2023 · €-12k
2018: €27k
2019: €26k
2020: €-5k
2021: €27k
2022: €11k
2023: €-12k
2018 → 2024
Total assets
€202k▲ 110%
2023 · €96k
2018: €112k
2019: €96k
2020: €80k
2021: €95k
2022: €80k
2023: €96k
2018 → 2024
Net result
€-10k▲ 55.2%
2023 · €-23k
2018: €17k
2019: €-701
2020: €-31k
2021: €32k
2022: €-16k
2023: €-23k
2018 → 2024
Working capital
€-27k▼ 101%
2023 · €-14k
2018: €11k
2019: €15k
2020: €-5k
2021: €27k
2022: €9k
2023: €-14k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-5k-€27k€11k▼ 58.6%€-12k€-23k▼ 86.2%
Operating result€-28k-€34k€-14k€-22k▼ 52.2%€-7k▲ 69.1%
Net result€-31k-€32k€-16k€-23k▼ 47.2%€-10k▲ 55.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7k in 2024 against €22k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €202k
Fixed assets
€22k▲ 1,337%
Current assets
€180k▲ 90.5%
Key figures and ratios
EBITDA
€3k▲
2023 · €-17k
Cash flow
€-872▲
2023 · €-19k
Solvency
-11.2%▲
2023 · -12.7%
Current ratio
0.87▼
2023 · 0.87
Quick ratio
0.87▲
2023 · 0.78
Debt / equity
-9.90▼
2023 · -8.89
ROA
-5.2%▲
2023 · -24.4%
Interest coverage
0.77▲
2023 · -9.63
Debt
€224k▲
2023 · €108k
Debt ≤ 1 year
€207k▲
2023 · €108k
Debt > 1 year
€17k
Staff costs
€95k▲
2023 · €94k
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€96k€202k▲
Fixed assets21/28€2k€22k▲
Tangible fixed assets22/27€1k€21k▲
Plant, machinery and equipment23€810€405▼
Furniture and vehicles24€371€21k▲
Financial fixed assets28€320€320=
Current assets29/58€94k€180k▲
Stocks and contracts in progress3€10k-
Stocks30/36€10k-
Amounts receivable within one year40/41€60k€170k▲
Trade receivables40€55k€170k▲
Other amounts receivable41€4k-
Cash at bank and in hand54/58€24k€10k▼
Deferred charges and accrued income490/1€390€390=
Equity and liabilities
Total equity and liabilities10/49€96k€202k▲
Equity10/15€-12k€-23k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-33k€-43k▼
Amounts payable17/49€108k€224k▲
Amounts payable after more than one year17-€17k
Financial debts170/4-€17k
Amounts payable within one year42/48€108k€207k▲
Current portion of amounts payable after more than one year42€2k€9k▲
Trade debts44€1k€72k▲
Suppliers440/4€1k€72k▲
Taxes, remuneration and social security45€12k€34k▲
Taxes450/3€1k€19k▲
Remuneration and social security454/9€11k€15k▲
Other amounts payable47/48€92k€92k=
Accrued charges and deferred income492/3€29€29=
Income statement
Code20232024
Remuneration, social security and pensions62€94k€95k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€10k▲
Other operating charges640/8€3k€5k▲
Gross operating margin9900€80k€103k▲
Operating profit (loss)9901€-22k€-7k▲
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€-23k€-10k▲
Profit (loss) for the period9904€-23k€-10k▲
Profit (loss) for the period to be appropriated9905€-23k€-10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-33k€-43k▼
Profit (loss) brought forward from the previous period14P€-9k€-33k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 49 days late
2024
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 69 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €32k
Net result €32k after 2 loss-making years.
05-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 36 days late
2020
31-12
Financial
Weakest financial yearnet €-31k
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
02-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 94 days late
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
2016
23-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Sint-Jans-Molenbeek · 1 establishment unit since 1995
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.
Begijnenstraat 1601080 Sint-Jans-MolenbeekGround area
1,851 m²
Building footprint
684 m²
Volume, LiDAR
4,033 m³
Parcel 21526D0280/00D008, Brussels · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Begijnenstraat 160, 1080 Sint-Jans-Molenbeek
since 19952.074.040.934
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21526D0280/00D008 | Brussels | 1,851 m² | 1 · 684 m² | 10.6 m · 2 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.
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Of 962 companies in sector 49310 we hold annual accounts for 487. 327 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-05-1995
Fiscal year end31-12
Activities, NACEBEL
49310Scheduled passenger transport by road
49410Freight transport by road
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
49390Land transport and transport via pipelines
Sources
Crossroads Bank for EnterprisesNational Bank · 29 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.