BLACKFORMSTUDIO
Annual accounts 2025
micro format, filed on 05-06-2026, 56 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €400,000. Estimated: probably between €230,000 and €710,000.
Balance sheet
balance sheet total €89,660 on 31-12-2025in euro
in euro
Position in the sector
53.2%
Higher than 67% of 22,939 companies in 2025.
2.44
Higher than 70% of 22,068 companies in 2025.
18.1%
Higher than 82% of 22,218 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff
€2,953
Staff costs divided by the average number of full-time equivalents.
-2 people
In 2025, 11 people joined and 13 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
89,660 | 75,646 | 69,322 | 40,882 | 65,631 | 2,543 | 21,723 | 21,688 | |
21/28 |
24,686 | 36,124 | 43,223 | 9,669 | 11,934 | 42 | 5,271 | 42 | |
22/27 |
24,511 | 35,949 | 43,048 | 9,494 | 11,759 | 0 | 5,229 | - | |
23 |
203 | 985 | 2,116 | 3,248 | 4,380 | - | - | - | |
24 |
24,308 | 33,965 | 40,932 | 6,246 | 7,379 | - | 5,229 | - | |
27 |
- | 1,000 | - | - | - | - | - | - | |
28 |
175 | 175 | 175 | 175 | 175 | 42 | 42 | 42 | |
29/58 |
64,974 | 39,522 | 26,099 | 31,214 | 53,697 | 2,501 | 16,452 | 21,646 | |
3 |
1,971 | 1,102 | 761 | 120 | 496 | - | - | - | |
30/36 |
1,971 | 1,102 | 761 | 120 | 496 | - | - | - | |
40/41 |
45,566 | 30,715 | 13,542 | 24,548 | 20,500 | 2,500 | 9,011 | - | |
40 |
9,470 | 529 | 2,249 | 3,877 | 20,500 | 77 | 5,699 | - | |
41 |
36,096 | 30,186 | 11,293 | 20,671 | - | 2,423 | 3,312 | - | |
54/58 |
428 | 6,473 | 9,283 | 5,527 | 30,624 | 1 | 6,997 | 17,249 | |
490/1 |
17,008 | 1,231 | 2,513 | 1,017 | 2,077 | - | 443 | 4,397 | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
89,660 | 75,646 | 69,322 | 40,882 | 65,631 | 2,543 | 21,723 | 21,688 | |
10/15 |
47,697 | 32,372 | 19,718 | 22,445 | 26,644 | 1,408 | 11,443 | 8,095 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | 12,400 | |
13 |
26,860 | 11,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | |
133 |
25,000 | 10,000 | - | - | - | - | - | - | |
14 |
2,237 | 1,912 | -742 | 1,985 | 6,184 | -19,052 | -9,017 | 35 | |
17/49 |
41,963 | 43,275 | 49,604 | 18,438 | 38,987 | 1,135 | 10,280 | 13,593 | |
17 |
15,369 | 22,882 | 30,068 | - | - | - | - | - | |
170/4 |
15,369 | 22,882 | 30,068 | - | - | - | - | - | |
42/48 |
26,594 | 20,393 | 19,536 | 18,438 | 38,987 | 1,135 | 10,280 | 13,093 | |
42 |
7,513 | 7,186 | 6,873 | - | - | - | - | - | |
43 |
1,949 | 3,867 | 3,724 | - | - | - | - | - | |
430/8 |
1,949 | 3,867 | 3,724 | - | - | - | - | - | |
44 |
11,628 | 4,583 | 7,821 | 7,049 | 22,410 | 1,135 | 6,204 | 1,203 | |
440/4 |
11,628 | 4,583 | 7,821 | 7,049 | 22,410 | 1,135 | 6,204 | 1,203 | |
45 |
4,604 | 1,757 | 1,119 | 3,389 | 4,843 | - | 4,075 | 8,890 | |
450/3 |
4,270 | 1,095 | 1,119 | 1,086 | 3,098 | - | 4,075 | 8,890 | |
454/9 |
334 | 663 | - | 2,303 | 1,746 | - | - | - | |
47/48 |
900 | 3,000 | - | 8,000 | 11,733 | - | - | 3,000 | |
492/3 |
- | - | - | - | - | - | - | 500 | |
| Income statement | |||||||||
76A |
21,363 | - | - | 130 | - | 1,503 | - | - | |
9900 |
42,359 | 41,373 | 7,509 | 22,199 | 56,066 | -8,646 | -2,663 | 5,524 | |
62 |
5,906 | 5,445 | 4,822 | 11,971 | 19,656 | - | - | - | |
630 |
9,430 | 9,648 | 3,946 | 3,321 | 999 | - | 2,614 | - | |
640/8 |
1,104 | 995 | 599 | 699 | 941 | 897 | 3,324 | 2,267 | |
66A |
- | 2,678 | - | 172 | 2,314 | - | - | - | |
9901 |
25,919 | 22,607 | -1,858 | 6,037 | 32,156 | -9,543 | -8,601 | 3,257 | |
75/76B |
1,731 | 1,479 | 880 | 639 | 224 | - | - | 0 | |
75 |
1,731 | 1,479 | 880 | 639 | 224 | - | - | 0 | |
65/66B |
4,686 | 3,932 | 1,749 | 1,626 | 1,143 | 234 | 415 | 162 | |
65 |
4,686 | 3,932 | 1,749 | 1,626 | 1,143 | 234 | 415 | 162 | |
9903 |
22,964 | 20,154 | -2,727 | 5,050 | 31,236 | -9,777 | -9,016 | 3,095 | |
67/77 |
6,739 | 4,500 | - | 1,250 | 6,000 | 259 | 36 | 1,200 | |
9904 |
16,225 | 15,654 | -2,727 | 3,800 | 25,236 | -10,036 | -9,052 | 1,895 | |
9905 |
16,225 | 15,654 | -2,727 | 3,800 | 25,236 | -10,036 | -9,052 | 1,895 | |
| Appropriation of the result | |||||||||
9906 |
18,137 | 14,912 | -742 | 9,985 | 6,184 | -19,052 | -9,017 | 1,895 | |
14P |
1,912 | -742 | 1,985 | 6,184 | -19,052 | - | - | - | |
691/2 |
15,000 | 10,000 | - | - | - | - | - | 1,860 | |
6920 |
- | - | - | - | - | - | - | 1,860 | |
6921 |
15,000 | 10,000 | - | - | - | - | - | - | |
694/7 |
900 | 3,000 | - | 8,000 | - | - | - | - | |
694 |
900 | 3,000 | - | 8,000 | - | - | - | - | |
| Social balance sheet | |||||||||
9087 |
2 | 2.6 | 0.7 | 0.8 | 1 | - | - | - | |
Hours worked1013 |
407 | 400 | 312 | 727 | 1,469 | - | - | - | |
| Document | |||||||||
The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 05-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 05-06-2026 | 2026-00139367 | |
| 31-12-2024 | micro format | 06-06-2025 | 2025-00125303 | |
| 31-12-2023 | micro format | 06-08-2024 | 2024-00329829 | |
| 31-12-2022 | micro format | 04-07-2023 | 2023-00224776 | |
| 31-12-2021 | micro format | 10-08-2022 | 2022-20289768 | |
| 31-12-2020 | micro format | 07-07-2021 | 2021-32000538 | |
| 31-12-2019 | micro format | 26-06-2020 | 2020-21200187 | |
| 31-12-2018 | micro format | 26-06-2019 | 2019-23000102 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| 35,349 | 32,254 | 2,088 | 9,357 | 33,155 | - | -5,986 | - | ||
| 25,655 | 25,301 | 1,219 | 7,121 | 26,236 | - | -6,437 | - | ||
| 1,787 | 6,078 | 37,500 | 1,055 | 21,032 | - | 7,843 | 42 | ||
| -6,045 | -2,810 | 3,756 | -25,097 | 30,623 | -6,997 | -10,251 | - | ||
| 38,380 | 19,129 | 6,563 | 12,776 | 14,710 | 1,366 | 6,172 | 8,553 | ||
| 53.2% | 42.8% | 28.4% | 54.9% | 40.6% | - | 52.7% | 37.3% | ||
| 2.44 | 1.94 | 1.34 | 1.69 | 1.38 | - | 1.60 | 1.65 | ||
| 2.37 | 1.88 | 1.30 | 1.69 | 1.36 | - | 1.60 | 1.65 | ||
| 0.88 | 1.34 | 2.52 | 0.82 | 1.46 | - | 0.90 | 1.68 | ||
| 34.0% | 48.4% | -13.8% | 16.9% | 94.7% | - | -79.1% | 23.4% | ||
| 18.1% | 20.7% | -3.9% | 9.3% | 38.5% | - | -41.7% | 8.7% | ||
| 7.54 | 8.20 | 1.19 | 5.76 | 29.00 | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 2 | 4 | 1 | 1 | 1 |
| full-time | - | - | - | - | 1 |
| part-time | 2 | 4 | 1 | 1 | - |
| in full-time equivalents | 0.2 | 0.5 | 0.5 | 0.5 | 1 |
| 0.3 | 0.4 | 0.7 | 0.4 | 1 | |
| On a permanent contract | - | - | - | - | 1 |
| Joined | 11 | 7 | 2 | 4 | - |
| Left | 13 | 4 | 2 | 3 | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Overdue debts
tax and social security| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Overdue tax debts | - | - | €960 | €960 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,787 | €6,078 | €37,500 | €1,055 | €20,857 |
| Financial fixed assets | - | - | - | - | €175 |
| €9,430 | €9,648 | €3,946 | €3,321 | €999 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on BLACKFORMSTUDIO
The operating result for 2025 is 15% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 57.2% to 46.8%. Equity is higher and debt is lower.