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Attic Studio

Open bankruptcy
Private limited companyfounded 2014Louizalaan 180, 1050 Elsene, BelgiumKBO/BCE: BE 0550.968.116

A bankruptcy procedure is open for Attic Studio according to publications in the Belgian State Gazette; curator: YSABELLE ENSCH.

Summary

The 2022 annual accounts show equity of €8k and a net result of €-92k.

Signals

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
Checked, nothing found (1)
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 2022, micro schema

Equity
€8k▼ 92.0%
2021 · €100k
2018: €44k 2019: €60k 2020: €99k 2021: €100k
2018 → 2022
Total assets
€222k▼ 19.7%
2021 · €276k
2018: €136k 2019: €195k 2020: €244k 2021: €276k
2018 → 2022
Net result
€-92k
2021 · €21k
2018: €17k 2019: €76k 2020: €39k 2021: €21k
2018 → 2022
Working capital
€-8k
2021 · €85k
2018: €57k 2019: €79k 2020: €149k 2021: €85k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20182019202020212022Trend
Equity€44k-€60k▲ 35.3%€99k▲ 65.3%€100k▲ 0.9%€8k▼ 92.0%
Operating result€33k-€89k▲ 170%€60k▼ 32.2%€20k▼ 67.1%€-66k
Net result€17k-€76k▲ 340%€39k▼ 48.3%€21k▼ 46.7%€-92k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€-50k€0€50k€100kOperating result 2018: €33k€33kNet result 2018: €17k€17kOperating result 2019: €89k€89kNet result 2019: €76k€76kOperating result 2020: €60k€60kNet result 2020: €39k€39kOperating result 2021: €20k€20kNet result 2021: €21k€21kOperating result 2022: €-66k€-66kNet result 2022: €-92k€-92k20182019202020212022€-100k€-50k€0€50kOperating result 2020: €60k€60kNet result 2020: €39k€39kOperating result 2021: €20k€20kNet result 2021: €21k€21kOperating result 2022: €-66k€-66kNet result 2022: €-92k€-92k202020212022
The operating result turns negative in 2022: a loss of €66k after €20k in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €222k
Fixed assets €16k ▲ 9.5%
Current assets €206k ▼ 21.4%
Equity and liabilities €222k
Equity €8k ▼ 92.0%
Debt €214k ▲ 21.1%
Debt's share of the balance-sheet total rises from 63.9% to 96.4%. Equity is lower and debt is higher.
Key figures and ratios
2022 value · change against 2021
EBITDA
€-65k
2021 · €21k
Cash flow
€-90k
2021 · €23k
Current ratio
0.96
2021 · 1.48
Quick ratio
0.95
2021 · 1.46
Debt to equity
26.79
2021 · 1.77
ROA
-41.4%
2021 · 7.5%
Interest coverage
-112.00
2021 · 13.38
Debt ≤ 1 year
€214k
2021 · €177k
Income taxes
€25k
2021 · €-3k
Staff costs
€2k
2021 · €54k
A ratio outside any meaningful range has been withheld (balance sheet total €222k, equity €8k).
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 · 2022 against 2021 · 44 lines
Balance sheet Code20212022
Assets
Total assets20/58€276k€222k
Fixed assets21/28€15k€16k
Tangible fixed assets22/27€10k€11k
Land and buildings22€9k€8k
Plant, machinery and equipment23-€3k
Furniture and vehicles24€977€721
Financial fixed assets28€5k€5k=
Current assets29/58€262k€206k
Stocks and contracts in progress3€3k€3k=
Stocks30/36€3k€3k=
Amounts receivable within one year40/41€248k€191k
Trade receivables40€176k€148k
Other amounts receivable41€72k€43k
Cash at bank and in hand54/58€10k€11k
Equity and liabilities
Total equity and liabilities10/49€276k€222k
Equity10/15€100k€8k
Contributions10/11€19k€19k=
Reserves13€250€250=
Non-distributable reserves130/1€250€250=
Reserves not available under the articles1311€250€250=
Profit (loss) carried forward14€80k€-11k
Amounts payable17/49€177k€214k
Amounts payable within one year42/48€177k€214k
Trade debts44€44k€54k
Suppliers440/4€44k€54k
Taxes, remuneration and social security45€132k€160k
Taxes450/3€131k€155k
Remuneration and social security454/9€2k€4k
Income statement Code20212022
Remuneration, social security and pensions62€54k€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€58k
Other operating charges640/8€726€482
Gross operating margin9900€76k€-5k
Operating profit (loss)9901€20k€-66k
Financial charges65/66B€2k€576
Recurring financial charges65€2k€576
Profit (loss) for the period before taxes9903€18k€-67k
Income taxes67/77€-3k€25k
Profit (loss) for the period9904€21k€-92k
Profit (loss) for the period to be appropriated9905€21k€-92k
Appropriation of the result
Profit (loss) to be appropriated9906€100k€-11k
Profit (loss) brought forward from the previous period14P€80k€80k
Profit to be distributed694/7€20k-
Directors or managers695€20k-

The notes to these accounts (6 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

2024
05-01
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · ATTIC STUDIO SRL AVENUE LOUISE 180, 1050 IXELLES · event 18-12-2023
2023
11-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 133 days late
03-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 156 days late
2022
31-12
Financial Weakest financial yearnet €-92k ▼540%
Net result drops to €-92k, the lowest in the series.
2021
21-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 143 days late
2020
14-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 75 days late
2019
31-12
Financial Highest result since 2018net €76k ▲340%
Operating result €89k, net result €76k, both a record.
22-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 83 days late
2018
22-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 83 days late
2017
02-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
02-10
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 336 days late
2015
28-10
NBB filing Annual accounts filed
fiscal year 2015 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Elsene · 1 establishment unit since 2014
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.

Louizalaan 1801050 Elsene
Ground area
1,603 m²
Building footprint
1,368 m²
Volume, LiDAR
23,174 m³
2 parcels, Brussels · tallest building 33.3 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Attic Studio
Other retail sale of new goods
since 20142.230.061.672
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21807G0181/00P000 Brussels 1,180 m² 1 · 1,184 m² 32.6 m · 6 fl.
21807G0114/00K000 Brussels 422 m² 1 · 185 m² 33.3 m · 6 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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator YSABELLE ENSCH
AVENUE LOUISE 349 B 17, 1050 IXELLES
18-12-2023present

Similar companies · same sector, comparable size

Of 9,860 companies in sector 73110 we hold annual accounts for 3,753. 1,898 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
Founded29-04-2014
Fiscal year end31-12
Activities, NACEBEL 2025
73110Advertising agencies
47551Retail sale of household furniture
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.

Contact details

3 entries
E-mail:olivier@comskills.be
Establishment 2.230.061.672
Phone:010/813934
Establishment 2.230.061.672
Phone:0476/410157
Establishment 2.230.061.672