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Artistic Studio

Active
Private limited company (pre-2019)founded 201610 yrs activeRue de Beaumont 309, 6030 Charleroi, BelgiumKBO/BCE: BE 0656.958.531

Artistic Studio has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-41k) and a net result of €27k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 8969 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2024
48 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.54 against 0.45 in 2023; short-term debt: 164.8% and cash: 7.4% of total assets), and equity is negative.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
+raises riskneutral
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 2024
Solvency, return and age of the figures
Solvency
-65.1%
Return on assets
42.5%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 8969 sector peers (2024).
NBB · sector comparison
Position among 8969 sector peers
Solvency
better than 8%
← weakest strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-04-2026, 256 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 8 filings
Deviation from the deadline
2025
not confirmed
2024
256 d late
2023
153 d late
2022
153 d late
2021
117 d late
2020
212 d late
2019
577 d late
← before the deadline after the 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

Financials · fiscal year 2024, micro schema

Equity
€-41k▲ 38.6%
2023 · €-67k
2018: €20k 2019: €-20k 2020: €-77k 2021: €-102k 2022: €-113k 2023: €-67k
2018 → 2024
Total assets
€64k▲ 0.2%
2023 · €63k
2018: €49k 2019: €97k 2020: €76k 2021: €45k 2022: €52k 2023: €63k
2018 → 2024
Net result
€27k▼ 42.2%
2023 · €47k
2018: €-750 2019: €-40k 2020: €-57k 2021: €-28k 2022: €-11k 2023: €47k
2018 → 2024
Working capital
€-48k▲ 32.7%
2023 · €-72k
2018: €18k 2019: €-32k 2020: €-84k 2021: €-107k 2022: €-123k 2023: €-72k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€-77k-€-102k▼ 31.5%€-113k▼ 11.4%€-67k▲ 40.4%€-41k▲ 38.6%
Operating result€-50k-€-25k▲ 49.6%€-8k▲ 68.4%€50k€28k▼ 44.4%
Net result€-57k-€-28k▲ 50.3%€-11k▲ 62.5%€47k€27k▼ 42.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€-50k€0€50kOperating result 2020: €-50k€-50kNet result 2020: €-57k€-57kOperating result 2021: €-25k€-25kNet result 2021: €-28k€-28kOperating result 2022: €-8k€-8kNet result 2022: €-11k€-11kOperating result 2023: €50k€50kNet result 2023: €47k€47kOperating result 2024: €28k€28kNet result 2024: €27k€27k20202021202220232024
The operating result falls in 2024; 2024 is 44% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €64k
Fixed assets €7k▲ 41.9%
Current assets €56k▼ 3.5%
Key figures and ratios
2024 value · change against 2023
EBITDA
€31k
2023 · €68k
Cash flow
€30k
2023 · €65k
Solvency
-65.1%
2023 · -106.3%
Current ratio
0.54
2023 · 0.45
Quick ratio
0.53
2023 · 0.44
Debt / equity
-2.53
2023 · -1.93
ROA
42.5%
2023 · 73.7%
Interest coverage
23.41
2023 · 18.11
Debt
€105k
2023 · €130k
Debt ≤ 1 year
€105k
2023 · €130k
Income taxes
€630
2023 · €647
Staff costs
€2k
2023 · €13k
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€63k€64k
Fixed assets21/28€5k€7k
Intangible fixed assets21€2k€930
Tangible fixed assets22/27€2k€6k
Plant, machinery and equipment23-€712
Furniture and vehicles24-€4k
Other tangible fixed assets26€2k€1k
Financial fixed assets28€221€221=
Current assets29/58€58k€56k
Stocks and contracts in progress3€665€665=
Stocks30/36€665€665=
Amounts receivable within one year40/41€57k€50k
Trade receivables40€57k€46k
Other amounts receivable41-€4k
Cash at bank and in hand54/58€0€5k
Deferred charges and accrued income490/1€396€1k
Equity and liabilities
Total equity and liabilities10/49€63k€64k
Equity10/15€-67k€-41k
Contributions10/11€19k€19k=
Reserves13€88€88=
Non-distributable reserves130/1€88€88=
Reserves not available under the articles1311€88€88=
Profit (loss) carried forward14€-88k€-61k
Investment grants15€2k€990
Provisions and deferred taxes16€495€248
Deferred taxes168€495€248
Amounts payable17/49€130k€105k
Amounts payable within one year42/48€130k€105k
Current portion of amounts payable after more than one year42€9k-
Financial debts43€9k-
Credit institutions430/8€9k-
Trade debts44€8k€10k
Suppliers440/4€8k€10k
Taxes, remuneration and social security45€6k€7k
Taxes450/3€4k€4k
Remuneration and social security454/9€1k€3k
Other amounts payable47/48€99k€88k
Income statement Code20232024
Remuneration, social security and pensions62€13k€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€3k
Other operating charges640/8€2k€18k
Gross operating margin9900€83k€52k
Operating profit (loss)9901€50k€28k
Financial income75/76B€990€990=
Recurring financial income75€990€990=
Financial charges65/66B€4k€1k
Recurring financial charges65€4k€1k
Profit (loss) for the period before taxes9903€47k€27k
Transfer from deferred taxes780€248€248=
Income taxes67/77€647€630
Profit (loss) for the period9904€47k€27k
Profit (loss) for the period to be appropriated9905€47k€27k
Appropriation of the result
Profit (loss) to be appropriated9906€-88k€-61k
Profit (loss) brought forward from the previous period14P€-135k€-88k

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2026
13-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 256 days late
2024
31-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 153 days late
2023
31-12
Financial Back to profitnet €47k
Net result €47k after 5 loss-making years.
31-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 153 days late
2022
25-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 117 days late
28-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 212 days late
28-02
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 577 days late
2020
31-12
Financial Weakest financial yearnet €-57k
Net result drops to €-57k, the lowest in the series; recovery starts the following year.
20-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 173 days late
2018
19-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 50 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, Charleroi · 1 establishment unit since 2016
establishment The establishment unit on the map
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 de Beaumont 3096030 Charleroi
Ground area
286 m²
Building footprint
196 m²
Volume, LiDAR
1,915 m³
Parcel 52044B0499/00S009, Wallonia · tallest building 12.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Rue de Beaumont 309, 6030 Charleroi
Advertising agencies
since 20162.254.841.808
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
52044B0499/00S009 Wallonia 286 m² 1 · 196 m² 12.4 m · 4 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.

Similar companies · same sector, comparable size

Of 9,862 companies in sector 73110 we hold annual accounts for 3,755. 2,583 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded27-06-2016
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
85520Cultural education
90201Performing arts by independent artists
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
E-mail:info@artistic-studio.be
Establishment Charleroi 2.254.841.808
Phone:0475 716139
Establishment Charleroi 2.254.841.808