Financials
Financial year 2025
LanguageWire from Leuven, company number BE0458066266, closed financial year 2025 with a result of € 176,639 after tax. For that financial year LanguageWire recorded revenue of € 4.7 million and equity of € 2.3 million. Compared with financial year 2024, the result moved from € 207,180 to € 176,639. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 18, 2026.
€ 2.3 million
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 176,639
▼ 15% vs 2024
Profit after tax over the fiscal year.
€ 210,762
▲ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -365,816.
People and assets in 2025
18.3
▼ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.7 million
▼ 6% vs 2024
€ 93,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 30,074
▼ 13% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 309,973
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 41 days on average.
€ 238,384
▼ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Revenue | € 6,055,029 | € 5,414,604 | € 4,651,697 | ▼ 14% |
| Profit after taxes | € 196,654 | € 207,180 | € 176,639 | ▼ 15% |
| Equity | € 1,866,442 | € 2,073,622 | € 2,250,261 | ▲ 9% |
| Total debts | € 942,466 | € 783,525 | € 699,685 | ▼ 11% |
| Cash | € 63,992 | € 191,690 | € 210,762 | ▲ 10% |
| Retained profit | € -749,636 | € -542,455 | € -365,816 | ▲ € 176,639 |
| Balance sheet total | € 2,808,908 | € 2,857,147 | € 2,949,946 | ▲ 3% |
| Employees (FTE) | 20 | 19.7 | 18.3 | ▼ 1.4 |
Key figures of LanguageWire, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to LanguageWire?
What happened at LanguageWire in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Søren Bech Justesen stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 176,639 (▼ 15% vs 2024). Source: NBB ↗
- Klaus Hosbond Skovrup stepped down as director. NBB
- Klaus Hosbond Skovrup became a director. NBB
- Søren Bech Justesen became a director. NBB
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
In short
From € 196,654 profit in 2023 to € 176,639 profit in 2025.
Paid € 1,964 in corporate taxes since 2023.
Best year ever: 2024, with € 207,180 profit.
Pays suppliers within 41 days on average.
Management
Directors
According to the 2025 annual accounts
Søren Bech Justesen
Director
since 2019 · until 2027
Klaus Hosbond Skovrup
Director
since 2021 · until 2026
Establishments
Establishment units
Physical locations of this company
Diestsevest 14
3000 Leuven
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →GLOBALSIGN
€ 5.5 million gross margin · 2025
XEDIS
€ 3.6 million revenue · 2025
MAGWEL
€ 183,447 gross margin · 2025
PSI CRO BELGIUM
€ 3.5 million gross margin · 2025
OOHO
€ 390,341 gross margin · 2025
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
SENTIA, DK
Domain
Domain
languagewire.com
Registered
2000-10-18
Registrar
CSC Corporate Domains, Inc.
Expires
2026-10-18
Website info
Features
Security
Details
- Company number
- 0458.066.266
- VAT number
- BE 0458.066.266
- Registered office
- Diestsevest 14, 3000 Leuven
- Names & denominations
- LanguageWire
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 May 1996
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- languagewire.com
- Activities · NACE
Activiteiten van vertalers
Vertalers en tolken