BALBO TRANSLATION
ActiveBALBO TRANSLATION has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-11k) and a net result of €179. Equity is shrinking by ~18.9% per year across the filed fiscal years. Its solvency ranks better than 9% of 7723 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69=
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 1.85 against 0.79 in 2024; short-term debt: 16.4% and cash: 29.4% of total assets), but equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← 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 2025Solvency, return and age of the figures
Solvency
-32.2%
Return on assets
0.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 7723 sector peers (2025).
NBB · sector comparisonPosition among 7723 sector peers
Solvency
better than 9%
← weakest
strongest →
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
36 d early
2023
40 d early
2022
50 d early
2021
33 d early
2020
24 d late
2019
35 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-11k▲ 1.6%
2024 · €-11k
2018: €-1k
2019: €-5k
2020: €6k
2021: €4k
2022: €-10k
2023: €-11k
2024: €-11k
2018 → 2025
Total assets
€34k▼ 12.1%
2024 · €38k
2018: €35k
2019: €33k
2020: €55k
2021: €60k
2022: €50k
2023: €44k
2024: €38k
2018 → 2025
Net result
€179
2024 · €-51
2018: €-4k
2019: €-5k
2020: €690
2021: €-2k
2022: €-14k
2023: €-887
2024: €-51
2018 → 2025
Working capital
€5k
2024 · €-2k
2018: €-26k
2019: €-27k
2020: €6k
2021: €-5k
2022: €-11k
2023: €-6k
2024: €-2k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4k-€-10k€-11k▼ 8.8%€-11k▼ 0.5%€-11k▲ 1.6%
Operating result€-695-€-14k▼ 1,874%€-377▲ 97.3%€382€570▲ 49.2%
Net result€-2k-€-14k▼ 771%€-887▲ 93.8%€-51▲ 94.3%€179
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 49% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €33k
Fixed assets
€23k▼ 25.9%
Current assets
€10k▲ 53.1%
Key figures and ratios
EBITDA
€9k▼
2024 · €10k
Cash flow
€8k▼
2024 · €10k
Solvency
-32.2%▼
2024 · -28.8%
Current ratio
1.85▲
2024 · 0.79
Quick ratio
1.85▲
2024 · 0.79
Debt / equity
-4.11▲
2024 · -4.48
ROA
0.5%▲
2024 · -0.1%
Interest coverage
39.57▼
2024 · 40.05
Debt
€44k▼
2024 · €49k
Debt ≤ 1 year
€6k▼
2024 · €8k
Debt > 1 year
€39k▼
2024 · €41k
Income taxes
€170▼
2024 · €178
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€38k€34k▼
Formation expenses20€1k€742▼
Fixed assets21/28€31k€23k▼
Tangible fixed assets22/27€31k€23k▼
Furniture and vehicles24€5k€2k▼
Other tangible fixed assets26€26k€21k▼
Current assets29/58€7k€10k▲
Amounts receivable within one year40/41€3k€334▼
Trade receivables40€3k€334▼
Cash at bank and in hand54/58€4k€10k▲
Equity and liabilities
Total equity and liabilities10/49€38k€34k▼
Equity10/15€-11k€-11k▲
Contributions10/11€19k€19k=
Reserves13€3k€3k=
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€-32k€-32k▲
Amounts payable17/49€49k€44k▼
Amounts payable after more than one year17€41k€39k▼
Financial debts170/4€859-
Other amounts payable178/9€40k€39k▼
Amounts payable within one year42/48€8k€6k▼
Current portion of amounts payable after more than one year42€2k€859▼
Trade debts44€5k€3k▼
Suppliers440/4€5k€3k▼
Taxes, remuneration and social security45€469€988▲
Taxes450/3€469€988▲
Other amounts payable47/48€950€950=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€8k▼
Other operating charges640/8€570€785▲
Gross operating margin9900€11k€10k▼
Operating profit (loss)9901€382€570▲
Financial charges65/66B€255€221▼
Recurring financial charges65€255€221▼
Profit (loss) for the period before taxes9903€127€349▲
Income taxes67/77€178€170▼
Profit (loss) for the period9904€-51€179▲
Profit (loss) for the period to be appropriated9905€-51€179▲
Appropriation of the result
Profit (loss) to be appropriated9906€-32k€-32k▲
Profit (loss) brought forward from the previous period14P€-32k€-32k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €179
Net result €179 after 4 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 1.85
Current ratio from 0.79 to 1.85; short-term debt falls from €8k to €6k.
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
31-12
Financial
Back to profitnet €690
Net result €690 after 2 loss-making years.
31-12
Financial
Liquidity times 6current ratio 1.76
Current ratio from 0.30 to 1.76; short-term debt falls from €38k to €8k.
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
18-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 49 days late
2018
12-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 73 days late
2017
20-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 51 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, Manage · 1 establishment unit since 2005
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.
Rue Abel Wart 1997170 ManageGround area
324 m²
Building footprint
57 m²
Volume, LiDAR
479 m³
Parcel 52019B0438/00N003, Wallonia · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Balbo Translation
since 20052.145.435.112
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52019B0438/00N003 | Wallonia | 324 m² | 1 · 57 m² | 10.2 m · 3 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 11,221 companies in sector 82100 we hold annual accounts for 3,511. 1,228 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-01-2005
Fiscal year end31-12
Activities, NACEBEL
74851
82100Office administrative and support services
82190Office administrative, office support and other business support activities
74300Other professional, scientific and technical activities
74301Translation services
74852
80424
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.