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TRANSLOGIC

Active
Public limited companyfounded 196659 yrs activeMerksemsesteenweg 202, 2100 Antwerpen, BelgiumKBO/BCE: BE 0404.550.475
Summary

TRANSLOGIC has been active since 1966 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€491,610) and a net result of -€12,882. Equity is shrinking by ~9.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisWatch ReportCompare
TRANSLOGICActiveChecked score 54/100
Risk analysis ReportCompare

Overview

Activity
Activity not known1 site
Size
€182,761total assets 2025
Equity
-€491,610
Loss
-€12,882
Financial health
54 Fair Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Accounts 1 d early0 of 14 deeds read
Why 54Capped at 59: negative equity- Negative equity -€491,610- Loss of €12,882, the second in a row (FY 2025)+ Size: total assets €182,761+ Founded in 1966Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 23% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -269.0% of total assets
Liquidity 50=
short-term debt 369.0% · cash 97.5%
Profitability 20+17
return on assets -7.0%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.4% 12-2024: 0.5%▲ +16.3% vs 11-2024 01-2025: 0.5%▲ +13.1% vs 12-2024 02-2025: 0.7%▲ +32.6% vs 01-2025highest value 03-2025: 0.2%▼ -66.4% vs 02-2025 04-2025: 0.2%● 0.0% vs 03-2025 05-2025: 0.2%● 0.0% vs 04-2025 06-2025: 0.2%● 0.0% vs 05-2025 07-2025: 0.2%▼ -1.3% vs 06-2025 08-2025: 0.2%● 0.0% vs 07-2025 09-2025: 0.2%● 0.0% vs 08-2025 10-2025: 0.2%▼ -0.9% vs 09-2025 11-2025: 0.2%● 0.0% vs 10-2025 12-2025: 0.3%▲ +15.3% vs 11-2025 01-2026: 0.3%▲ +5.7% vs 12-2025 02-2026: 0.1%▼ -47.0% vs 01-2026 03-2026: 0.1%● 0.0% vs 02-2026 04-2026: 0.1%● 0.0% vs 03-2026 05-2026: 0.1%● 0.0% vs 04-2026 06-2026: 0.1%● 0.0% vs 05-2026 07-2026: 0.1%▼ -1.4% vs 06-2026 08-2026: 0.1%● 0.0% vs 07-2026 09-2026: 0.1%● 0.0% vs 08-2026 10-2026: 0.1%▼ -0.7% vs 09-2026lowest value
  • Size: total assets €182,761 lowers the probability for this profile
  • Negative equity -€491,610 raises the probability
  • Founded in 1966 lowers the probability for this profile
  • Loss of €12,882, the second in a row (FY 2025) raises the probability
No credit on open account
Liquidity short (current ratio 0.27 against 0.29 in 2024; short-term debt: 369% and cash: 97.5% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 5%, liquidity 35%, profitability 17%, growth against the median 36%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €182,761
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Negative equity -€491,610
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1966
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Loss of €12,882, the second in a row (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
18192122232425
2018 to 2025 · latest year -€491,610
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
4 d late
2023
on the day
2022
on the day
2021
66 d late
2019
371 d late
2018
439 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 126 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 31 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close03-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€491,610 View
  • Risk: 4 loss-making years in a rowloss fiscal year 2025 -€12,882 View
  • Active since 1966founded 20-10-1966 59 years View

By topic

Financials

Fiscal year
2025
Total assets
€182,761
Loss
-€12,882
Solvency
-269.0%
Turnover▼ 99.4%
Net result
20182019
Go to Financials

Timeline

Events
12
Since
2016
Next accounts
by 31-01-2027
  1. 30-01-2026Annual accounts filed
  2. 04-02-2025Annual accounts filed
  3. 31-01-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
20-10-1966
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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