BXL STUDIO
ActiveSummary
The computed 12-month bankruptcy probability of BXL STUDIO is 2.0% (moderate). The 2024 annual accounts show equity of €8,121 and a net result of -€4,249. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 34% of 9527 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-100
Solvency57▼-43
Growth78=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.6 against 4.95 in 2023; short-term debt: 68.3% and cash: 12.5% of total assets), and 68.3% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
31.7%
Return on assets
-16.6%
Age of the figures
21 mo
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
44 d early
2022
33 d early
2021
38 d early
2020
24 d early
2019
24 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 14 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€8,121▼ 34.3%
2023 · €12,370
Total assets
€25,617▲ 90.3%
2023 · €13,459
Net result
-€4,249
2023 · €12,963
Working capital
-€7,069
2023 · €4,298
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€22,565-€646-€15,473▼ 2,296%€13,119-€4,054
Net result€20,575within the sector's middle half-€155within the sector's middle half-€15,770below the sector's middle half▼ 10,084%€12,963within the sector's middle half-€4,249below the sector's middle half
Equity€15,331within the sector's middle half€15,176within the sector's middle half▼ 1.0%-€593below the sector's middle half€12,370below the sector's middle half€8,121below the sector's middle half▼ 34.3%
Total assets€19,984below the sector's middle half▲ 278%€15,431below the sector's middle half▼ 22.8%€14,271below the sector's middle half▼ 7.5%€13,459below the sector's middle half▼ 5.7%€25,617below the sector's middle half▲ 90.3%
Debt€4,653▼ 55.8%€255▼ 94.5%€14,865▲ 5,736%€1,089▼ 92.7%€17,496▲ 1,507%
Working capital€3,473within the sector's middle half€969within the sector's middle half▼ 72.1%-€14,857below the sector's middle half€4,298within the sector's middle half-€7,069below the sector's middle half
Solvency76.7%above the sector's middle half▲ 175.9pp98.3%above the sector's middle half▲ 21.6pp-4.2%below the sector's middle half▼ 102.5pp91.9%above the sector's middle half▲ 96.1pp31.7%within the sector's middle half▼ 60.2pp
Current ratio1.75within the sector's middle half▲ 1.604.81above the sector's middle half▲ 3.060.00below the sector's middle half▼ 4.804.95above the sector's middle half▲ 4.950.60below the sector's middle half▼ 4.35
Return on assets (ROA)103.0%above the sector's middle half▲ 249.4pp-1.0%below the sector's middle half▼ 104.0pp-110.5%below the sector's middle half▼ 109.5pp96.3%above the sector's middle half▲ 206.8pp-16.6%below the sector's middle half▼ 112.9pp
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €4,054 after €13,119 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €25,617
Fixed assets
€15,190 ▲ 88.2%
Current assets
€10,427 ▲ 93.6%
Equity and liabilities €25,617
Equity
€8,121 ▼ 34.3%
Debt
€17,496 ▲ 1,507%
Debt's share of the balance-sheet total rises from 8.1% to 68.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€47▼
2023 · €17,322
Cash flow
-€242▼
2023 · €17,167
Debt to equity
2.15▲
2023 · 0.09
ROE
-52.3%▼
2023 · 104.8%
Interest coverage
-0.24▼
2023 · 61.83
Debt ≤ 1 year
€17,496▲
2023 · €1,089
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,597 companies that looked in July 2024 the way this one looks now, 2.8% went bankrupt within 24 months and 87% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
2.8%
went bankrupt
9.2%
stopped otherwise
87%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,597 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,595 | €3,965 | €5,047 | €4,204 | €4,007 | ▼ 4.7% |
| Other operating charges640/8 | - | €348 | €348 | €1,043 | €387 | ▼ 62.9% |
| Gross operating margin9900 | €25,507 | €3,666 | -€10,079 | €18,365 | €340 | ▼ 98.1% |
| Operating profit (loss)9901 | €22,565 | -€646 | -€15,473 | €13,119 | -€4,054 | ▼ 131% |
| Financial income75/76B | - | €1 | €0 | €125 | €4 | ▼ 96.9% |
| Recurring financial income75 | €3 | €1 | €0 | €125 | €4 | ▼ 96.9% |
| Financial charges65/66B | - | €141 | €213 | €280 | €198 | ▼ 29.2% |
| Recurring financial charges65 | €69 | €141 | €213 | €280 | €198 | ▼ 29.2% |
| Profit (loss) for the period before taxes9903 | €22,499 | -€785 | -€15,686 | €12,963 | -€4,249 | ▼ 133% |
| Income taxes67/77 | €1,923 | -€631 | €84 | - | - | - |
| Profit (loss) for the period9904 | €20,575 | -€155 | -€15,770 | €12,963 | -€4,249 | ▼ 133% |
| Profit (loss) for the period to be appropriated9905 | €20,575 | -€155 | -€15,770 | €12,963 | -€4,249 | ▼ 133% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €19,984 | €15,431 | €14,271 | €13,459 | €25,617 | ▲ 90.3% |
| Fixed assets21/28 | €11,858 | €14,207 | €14,264 | €8,072 | €15,190 | ▲ 88.2% |
| Tangible fixed assets22/27 | €11,758 | €14,107 | €14,264 | €8,072 | €15,096 | ▲ 87.0% |
| Furniture and vehicles24 | - | €6,819 | €4,043 | €1,270 | €9,333 | ▲ 635% |
| Other tangible fixed assets26 | - | €7,288 | €10,220 | €6,802 | €5,764 | ▼ 15.3% |
| Financial fixed assets28 | €100 | €100 | - | - | €94 | - |
| Current assets29/58 | €8,126 | €1,224 | €8 | €5,387 | €10,427 | ▲ 93.6% |
| Amounts receivable within one year40/41 | €2,699 | €662 | - | €5,157 | €7,225 | ▲ 40.1% |
| Trade receivables40 | - | - | - | €2,178 | €7,033 | ▲ 223% |
| Other amounts receivable41 | - | €662 | - | €2,979 | €192 | ▼ 93.6% |
| Cash at bank and in hand54/58 | €5,427 | €562 | €8 | €230 | €3,203 | ▲ 1,295% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €19,984 | €15,431 | €14,271 | €13,459 | €25,617 | ▲ 90.3% |
| Equity10/15 | €15,331 | €15,176 | -€593 | €12,370 | €8,121 | ▼ 34.3% |
| Contributions10/11 | - | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Outside capital11 | - | - | - | - | €2,500 | - |
| Other1109/19 | - | - | - | - | €2,500 | - |
| Reserves13 | €12,831 | €12,831 | €12,831 | €12,831 | €12,831 | = |
| Distributable reserves133 | - | €12,831 | €12,831 | €12,831 | €12,831 | = |
| Profit (loss) carried forward14 | - | -€155 | -€15,924 | -€2,961 | -€7,210 | ▼ 143% |
| Amounts payable17/49 | €4,653 | €255 | €14,865 | €1,089 | €17,496 | ▲ 1,507% |
| Amounts payable within one year42/48 | €4,653 | €255 | €14,865 | €1,089 | €17,496 | ▲ 1,507% |
| Trade debts44 | €3 | €218 | €11,391 | €1,088 | €8,344 | ▲ 667% |
| Suppliers440/4 | - | €218 | €11,391 | €1,088 | €8,344 | ▲ 667% |
| Advances received on contracts in progress46 | - | - | - | - | €200 | - |
| Taxes, remuneration and social security45 | - | - | €3,042 | - | €8,952 | - |
| Taxes450/3 | - | - | €3,042 | - | €5,802 | - |
| Remuneration and social security454/9 | - | - | - | - | €3,150 | - |
| Other amounts payable47/48 | - | €37 | €432 | €1 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,575 | -€155 | -€15,770 | €12,963 | -€4,249 | ▼ 133% |
| + Depreciation and write-downs630 | €2,595 | €3,965 | €5,047 | €4,204 | €4,007 | ▼ 4.7% |
| Operating cash flow (approximation) | €23,170 | €3,810 | -€10,722 | €17,167 | -€242 | ▼ 101% |
| Investment in fixed assets (approximation) | - | -€6,314 | -€5,104 | €1,988 | -€11,125 | ▼ 660% |
| Change in cash | - | -€4,865 | -€555 | €222 | €2,973 | ▲ 1,239% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €12,963
Net result €12,963 after 2 loss-making years.
31-12
Financial
Liquidity times 9752current ratio 4.95
Current ratio from 0.00 to 4.95; short-term debt falls from €14,865 to €1,089.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€15,770
Net result drops to -€15,770, the lowest in the series; recovery starts the following year.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 4.81
Current ratio from 1.75 to 4.81; short-term debt falls from €4,653 to €255.
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €20,575
Net result €20,575 after one loss-making year.
31-12
Financial
Liquidity times 12current ratio 1.75
Current ratio from 0.15 to 1.75; short-term debt falls from €10,533 to €4,653.
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Vorst · 1 establishment unit since 2019
Ground area
1,607 m²
Building footprint
446 m²
Volume, LiDAR
7,993 m³
Parcel 21383B0026/00G002, Brussels · tallest building 21.0 m, ±6 floors. Linked by address, not a title deed.
10
companies at this address
See who is registered here
1 establishment unit
BXL STUDIO / BXL EVENTS
since 20192.295.332.774
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21383B0026/00G002 | Brussels | 1,607 m² | 1 · 446 m² | 21.0 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 4,579 companies in sector 82300 we hold annual accounts for 1,674. 834 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
82300Organisation of conventions and trade shows
E-invoicing
Reachable via Peppol
Peppol ID
0208:0735851007
Also
9925:BE0735851007
Registered
06-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.