Black Flag Design Studio
ActiveFrom the official registers: KBO 3 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
Black Flag Design Studio has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €219,826 and a net result of €94,182. Equity has been growing by about 67% per year since 2023. Its solvency ranks better than 37% of 501 sector peers (NACE 31, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
Official details
KBO- Status
- Active since 13-12-2021 Normal situation
- Legal form
- Private limited company
- Registered office
- Broekstraat 22, 1831 Machelen (Brab.)
- Activity
- Manufacture of furniture NACE 31009and 3 others
- Establishment unit
- 2.329.236.452 1930 Zaventem, since 13-12-2021
- Financial year end
- 30 September
- Peppol
- Reachable since 28-11-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.1%
- Gross margin
- €215,318
- ▲ 106%
- Turnover
- ≈ €540,000
- estimated
- Profit
- €94,182
- ▲ 27.4%
- Equity
- €219,826
- ▲ 75.0%
- Total assets
- €842,943
- ▲ 253%
Score breakdownraises risk1 change of registered office in 24 monthsFounded in 2021lowers riskFigures for financial year 2025 (filed on 09-04-2026)Size: total assets €842,943Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 31, micro). It does better than 38% of them on solvency, 45% on liquidity, 76% on profitability and 91% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 3 accounts on average 12 days before the deadline. In the sector (NACE 31), the median for financial year 2024 was 7 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
Key points
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 02-04-2026
- Annual accounts 2024filed on 22-04-2025
- Annual accounts 2023filed on 29-04-2024
Acts in the Belgian Official Gazette
- Registered officeact of 09-02-2026
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about Black Flag Design Studio
- What is the company number of Black Flag Design Studio?
- The company number of Black Flag Design Studio is 0778.546.744. The VAT number is the same number with BE in front: BE 0778.546.744.
- Where is Black Flag Design Studio based?
- The registered office is at Broekstraat 22, 1831 Machelen (Brab.).Company details
- What does Black Flag Design Studio do?
- According to the KBO register, the main activity is manufacture of furniture (NACE 31009).
- What is the legal form of Black Flag Design Studio?
- The legal form of Black Flag Design Studio is Private limited company (BV).
- When was Black Flag Design Studio founded?
- Black Flag Design Studio was founded on 13-12-2021.
- Is Black Flag Design Studio still active?
- Yes, Black Flag Design Studio is an active enterprise in the KBO register.
- What is the turnover of Black Flag Design Studio?
- The turnover in financial year 2025 is ≈ €540,000. This figure is estimated from the gross margin of €215,318 and 2,213 comparable companies of the same size. It probably lies between €360,000 and €830,000. It is a rough estimate.Financials
- Is Black Flag Design Studio profitable?
- In financial year 2025, Black Flag Design Studio made a profit of €94,182.
- Where can I find the annual accounts of Black Flag Design Studio?
- Black Flag Design Studio filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
- When are the next annual accounts of Black Flag Design Studio due?
- Black Flag Design Studio must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Comparable companies
These companies have the same main activity as Black Flag Design Studio: manufacture of furniture (NACE 31009). They are comparable in size and age: total assets between €408,000 and €1.3m, founded between 2018 and 2020.
| Company | Total assets | Gross margin |
|---|---|---|
| Black Flag Design Studio Machelen (Brab.) | €0.8m | €0.2m |
| STEPS MEUBLES Baelen | €1.3m | €0.3m |
| MSMPRO Theux | €0.6m | €0.2m |
| SEMEM ART & DESIGN Andenne | €0.8m | €0.1m |
| DIFM Herent | €0.4m | €0.09m |
| NWOOD Mouscron | €0.5m | €0.1m |
| WICKERMANN Ledegem | €1.0m | €0.5m |
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