COEL STUDIO
ActiveSummary
COEL STUDIO has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €75k and a net result of €35k. Its solvency ranks better than 75% of 3489 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100▲+16
Growth52
Track record82
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity ample (current ratio 3.36 against 2.21 in 2024; short-term debt: 25.3% and cash: 49.8% of total assets), and 25.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
74.7%
Return on assets
35.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
27 d late
2024
26 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€75k▲ 85.2%
2024 · €41k
2024: €41k
2025: €75k▲ +85.2% vs 2024
2024 → 2025
Total assets
€101k▲ 46.1%
2024 · €69k
2024: €69k
2025: €101k▲ +46.1% vs 2024
2024 → 2025
Net result
€35k▼ 13.5%
2024 · €41k
2024: €41k
2025: €35k▼ -13.5% vs 2024
2024 → 2025
Working capital
€60k▲ 74.8%
2024 · €34k
2024: €34k
2025: €60k▲ +74.8% vs 2024
2024 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€41k-€75k▲ 85.2%
2024: €41k
2025: €75k▲ +85.2% vs 2024
Operating result€51k-€45k▼ 12.2%
2024: €51k
2025: €45k▼ -12.2% vs 2024
Net result€41k-€35k▼ 13.5%
2024: €41k
2025: €35k▼ -13.5% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 12% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €101k
Fixed assets
€15k ▲ 142%
Current assets
€85k ▲ 36.5%
Equity and liabilities €101k
Equity
€75k ▲ 85.2%
Debt
€25k ▼ 10.0%
Debt's share of the balance-sheet total falls from 41.1% to 25.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€50k▼
2024 · €51k
Cash flow
€41k▼
2024 · €41k
Current ratio
3.36▲
2024 · 2.21
Debt to equity
0.34▼
2024 · 0.70
ROE
47.1%▼
2024 · 100.9%
ROA
35.2%▼
2024 · 59.5%
Interest coverage
1233.73▲
2024 · 1106.50
Debt ≤ 1 year
€25k▼
2024 · €28k
Income taxes
€10k▼
2024 · €10k
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 · 2025 against 2024 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€69k€101k▲
Fixed assets21/28€6k€15k▲
Tangible fixed assets22/27€6k€15k▲
Furniture and vehicles24€6k€15k▲
Current assets29/58€63k€85k▲
Amounts receivable within one year40/41€36k€25k▼
Trade receivables40€36k€25k▼
Cash at bank and in hand54/58€27k€50k▲
Deferred charges and accrued income490/1€460€10k▲
Equity and liabilities
Total equity and liabilities10/49€69k€101k▲
Equity10/15€41k€75k▲
Contributions10/11€500€500=
Profit (loss) carried forward14€40k€75k▲
Amounts payable17/49€28k€25k▼
Amounts payable within one year42/48€28k€25k▼
Trade debts44€4k€2k▼
Suppliers440/4€4k€2k▼
Taxes, remuneration and social security45€21k€18k▼
Taxes450/3€21k€18k▼
Other amounts payable47/48€3k€5k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€193€5k▲
Other operating charges640/8-€32
Gross operating margin9900€51k€50k▼
Operating profit (loss)9901€51k€45k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€46€41▼
Recurring financial charges65€46€41▼
Profit (loss) for the period before taxes9903€51k€45k▼
Income taxes67/77€10k€10k▼
Profit (loss) for the period9904€41k€35k▼
Profit (loss) for the period to be appropriated9905€41k€35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€41k€75k▲
Profit (loss) brought forward from the previous period14P-€40k
Profit to be distributed694/7€859€833▼
Return on contributions (dividend)694€859€833▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €193 | €5k | ▲ 2,551% |
| Other operating charges640/8 | - | €32 | - |
| Gross operating margin9900 | €51k | €50k | ▼ 2.5% |
| Operating profit (loss)9901 | €51k | €45k | ▼ 12.2% |
| Financial income75/76B | - | €0 | - |
| Recurring financial income75 | - | €0 | - |
| Financial charges65/66B | €46 | €41 | ▼ 12.6% |
| Recurring financial charges65 | €46 | €41 | ▼ 12.6% |
| Profit (loss) for the period before taxes9903 | €51k | €45k | ▼ 12.2% |
| Income taxes67/77 | €10k | €10k | ▼ 7.0% |
| Profit (loss) for the period9904 | €41k | €35k | ▼ 13.5% |
| Profit (loss) for the period to be appropriated9905 | €41k | €35k | ▼ 13.5% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €69k | €101k | ▲ 46.1% |
| Fixed assets21/28 | €6k | €15k | ▲ 142% |
| Tangible fixed assets22/27 | €6k | €15k | ▲ 142% |
| Furniture and vehicles24 | €6k | €15k | ▲ 142% |
| Current assets29/58 | €63k | €85k | ▲ 36.5% |
| Amounts receivable within one year40/41 | €36k | €25k | ▼ 28.7% |
| Trade receivables40 | €36k | €25k | ▼ 28.7% |
| Cash at bank and in hand54/58 | €27k | €50k | ▲ 88.3% |
| Deferred charges and accrued income490/1 | €460 | €10k | ▲ 2,083% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €69k | €101k | ▲ 46.1% |
| Equity10/15 | €41k | €75k | ▲ 85.2% |
| Contributions10/11 | €500 | €500 | = |
| Profit (loss) carried forward14 | €40k | €75k | ▲ 86.3% |
| Amounts payable17/49 | €28k | €25k | ▼ 10.0% |
| Amounts payable within one year42/48 | €28k | €25k | ▼ 10.0% |
| Trade debts44 | €4k | €2k | ▼ 39.1% |
| Suppliers440/4 | €4k | €2k | ▼ 39.1% |
| Taxes, remuneration and social security45 | €21k | €18k | ▼ 15.2% |
| Taxes450/3 | €21k | €18k | ▼ 15.2% |
| Other amounts payable47/48 | €3k | €5k | ▲ 55.1% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €41k | €35k | ▼ 13.5% |
| + Depreciation and write-downs630 | €193 | €5k | ▲ 2,551% |
| Operating cash flow (approximation) | €41k | €41k | ▼ 1.5% |
| Investment in fixed assets (approximation) | - | €-14k | - |
| Change in cash | - | €23k | - |
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
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Sint-Pieters-Woluwe · 1 establishment unit since 2024
Ground area
261 m²
Building footprint
97 m²
Volume, LiDAR
1,014 m³
Parcel 21683D0034/00L000, Brussels · tallest building 13.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
COEL STUDIO
since 20242.366.793.466
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21683D0034/00L000 | Brussels | 261 m² | 1 · 97 m² | 13.7 m · 4 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 14,144 companies in sector 74201 we hold annual accounts for 2,612. 2,147 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
Founded24-10-2024
Fiscal year end31-12
Activities, NACEBEL 2025
74201Photography, excluding press photography
59203Motion picture, video and television programme production, sound recording and music publishing activities
62100Computer programming
63910Web portal activities
73110Advertising agencies
74120Graphic design and visual communication
Scores and ratios are computed by Checked and are not a credit decision.