TRANSOLUTION
ActiveSummary
TRANSOLUTION has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €199k and a net result of €-15k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 70% of 3480 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability12▼-59
Solvency95▲+16
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 8.03 against 2.7 in 2024; short-term debt: 9.7% and cash: 20.1% of total assets), and 29.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 74
Relative position
BE, all sectors
reference
Sector 74
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
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
115 d early
2023
33 d early
2022
on the day
2021
37 d early
2020
17 d late
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€199k▼ 6.9%
2024 · €214k
2018: €201k
2019: €267k
2020: €248k
2021: €277k
2022: €312k
2023: €272k
2024: €214k
2018 → 2025
Total assets
€284k▼ 28.5%
2024 · €397k
2018: €457k
2019: €484k
2020: €437k
2021: €542k
2022: €498k
2023: €510k
2024: €397k
2018 → 2025
Net result
€-15k
2024 · €7k
2018: €75k
2019: €65k
2020: €72k
2021: €54k
2022: €35k
2023: €33k
2024: €7k
2018 → 2025
Working capital
€193k▼ 1.8%
2024 · €197k
2018: €197k
2019: €259k
2020: €229k
2021: €258k
2022: €288k
2023: €245k
2024: €197k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€277k-€312k▲ 12.8%€272k▼ 13.0%€214k▼ 21.3%€199k▼ 6.9%
Operating result€70k-€50k▼ 28.2%€48k▼ 4.1%€6k▼ 87.5%€-23k
Net result€54k-€35k▼ 34.2%€33k▼ 6.0%€7k▼ 77.6%€-15k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €23k after €6k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €284k
Fixed assets
€64k ▼ 25.4%
Current assets
€220k ▼ 29.4%
Equity and liabilities €284k
Equity
€199k ▼ 6.9%
Debt
€85k ▼ 53.8%
Debt's share of the balance-sheet total falls from 46.2% to 29.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-1k▼
2024 · €31k
Cash flow
€7k▼
2024 · €33k
Current ratio
8.03▲
2024 · 2.70
Debt to equity
0.43▼
2024 · 0.86
ROE
-7.4%▼
2024 · 3.5%
ROA
-5.2%▼
2024 · 1.9%
Interest coverage
-0.51▼
2024 · 24.43
Debt ≤ 1 year
€27k▼
2024 · €115k
Debt > 1 year
€54k▼
2024 · €68k
Income taxes
€0▼
2024 · €8k
Staff costs
€46k▲
2024 · €42k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 61 lines
Balance sheet
Code20242025
Assets
Total assets20/58€397k€284k▼
Fixed assets21/28€85k€64k▼
Intangible fixed assets21€4k€259▼
Tangible fixed assets22/27€80k€63k▼
Land and buildings22€75k€60k▼
Plant, machinery and equipment23€89€0▼
Furniture and vehicles24€5k€3k▼
Financial fixed assets28€878€0▼
Current assets29/58€312k€220k▼
Amounts receivable after more than one year29€42k€15k▼
Trade receivables290-€15k
Other amounts receivable291€42k-
Amounts receivable within one year40/41€35k€39k▲
Trade receivables40€23k€21k▼
Other amounts receivable41€11k€18k▲
Current investments50/53€100k€105k▲
Cash at bank and in hand54/58€135k€57k▼
Deferred charges and accrued income490/1€845€3k▲
Equity and liabilities
Total equity and liabilities10/49€397k€284k▼
Equity10/15€214k€199k▼
Contributions10/11€19k€19k=
Reserves13€195k€181k▼
Non-distributable reserves130/1€5k€0▼
Reserves not available under the articles1311€5k€0▼
Distributable reserves133€190k€181k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€183k€85k▼
Amounts payable after more than one year17€68k€54k▼
Financial debts170/4€68k€54k▼
Amounts payable within one year42/48€115k€27k▼
Current portion of amounts payable after more than one year42€14k€14k▼
Financial debts43€184€117▼
Credit institutions430/8€184€0▼
Other loans439-€117
Trade debts44€21k€8k▼
Suppliers440/4€21k€8k▼
Taxes, remuneration and social security45€12k€4k▼
Taxes450/3€12k€4k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€68k€646▼
Accrued charges and deferred income492/3€66€3k▲
Income statement
Code20242025
Remuneration, social security and pensions62€42k€46k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€22k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€76k€47k▼
Operating profit (loss)9901€6k€-23k▼
Financial income75/76B€11k€10k▼
Recurring financial income75€11k€10k▼
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€15k€-15k▼
Income taxes67/77€8k€0▼
Profit (loss) for the period9904€7k€-15k▼
Profit (loss) for the period to be appropriated9905€7k€-15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€-15k▼
Transfer from equity791/2€65k€15k▼
Transfer to equity691/2€7k€0▼
To contributions691-€0
To other reserves6921€7k-
Profit to be distributed694/7€65k€0▼
Return on contributions (dividend)694€65k€0▼
The notes to these accounts (16 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
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-15k ▼297%
Net result drops to €-15k, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 8.03
Current ratio from 2.70 to 8.03; short-term debt falls from €115k to €27k.
07-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Leuven · 2 establishment units since 2008
Ground area
1.0 ha
Building footprint
544 m²
Volume, LiDAR
3,631 m³
2 parcels, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
TRANSOLUTION
since 20082.172.408.634
Transolution
since 20152.246.202.967
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24514C0086/00N000 | Flanders | 9,445 m² | 1 · 412 m² | 7.3 m · 2 fl. |
| 24483D0413/00T003 | Flanders | 712 m² | 1 · 132 m² | 11.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 5,505 EUR awarded · 4,245 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 900 EUR | 900 EUR |
| 2024 | 1 | 945 EUR | 945 EUR |
| 2023 | 1 | 2,520 EUR | 1,260 EUR |
| 2022 | 1 | 1,140 EUR | 1,140 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
9845003EC47F562J7807
Similar companies · same sector, comparable size
UNIVERSAL BIS
BE 0451.154.918
Hasselt · Eq €199k
LIGNA
BE 0455.854.369
Kapelle-op-den-Bos · Eq €200k
AYAOU AGUERO Laura
BE 0873.853.796
Sint-Pieters-Woluwe · Eq €198k
ERIC BUELENS TRANSLATION SERVICE
BE 0477.428.753
Sint-Pieters-Leeuw · Eq €203k
Alfa Scandinavian Translations
BE 0899.487.928
Sint-Niklaas · Eq €195k
Of 4,529 companies in sector 74301 we hold annual accounts for 719. 553 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-08-2008
Fiscal year end31-12
Activities, NACEBEL 2025
74301Translation services
46499Wholesale of other household goods
47690Retail sale of other cultural and recreation goods
47784Retail sale of souvenirs and religious articles
47789Other retail sale of new goods
74120Graphic design and visual communication
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.