Equity
€75,141 ▲ 85.2%
COEL STUDIO paid out €833 in dividends. That is 2% of the 2025 profit.
COEL STUDIO
Lifetime
2 annual accounts with figures on one time axispeak €51,441 (2024)
€50,134▼ 2.5%
peak €40,930 (2024)
€35,403▼ 13.5%
peak €75,141 (2025)
€75,141▲ 85.2%
€25,434▼ 10.0%
Board1 name since 2024
1 directorCOEL Jérémy Alain Nicolas
Documentsfilings and deeds
27-08-202627 days late
2025micro format
Dividend €833Equity from €40,571 to €75,141Investments €13,998Cash from €26,581 to €50,040
Key points
from the 2025 annual accountsTurnover
≈ €150,000 estimated
The micro format states no turnover.
Investments
€13,998 2.7 × depreciation
Green is investment, beige is depreciation.
2025 accounts filed 27 days after the deadline
Checked score
98
Excellent
Financially stronger than 84% of micro companies in other professional activities (NACE 74)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 5,431 companies (NACE 74, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2025: 0.1%
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.2%▲ +0.1 percentage points vs 06-2026
08-2026: 0.3%▲ +0.1 percentage points vs 07-2026highest value
09-2026: 0.1%▼ -0.2 percentage points vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
lowers risk
Liquidity: current ratio 3.36, cash €50,040
Sector: Other professional, scientific and technical activities (NACE 74)
Equity €75,141 (74.7% of total assets)
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 74, micro). It does better than 77% of them on solvency, 84% on liquidity, 88% on profitability and 87% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as COEL STUDIO has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of COEL STUDIO itself is lower: 0.1% within 12 months. It rests on far more data about COEL STUDIO than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for COEL STUDIO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €7,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 3.36 (2.21 in 2024), above the usual 1.5. Short-term debt is 25.3% and cash 49.8% of total assets. 25.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 27 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
27 days late
2024
26 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 27 days after the deadline. In the sector (NACE 74), the median for financial year 2024 was 3 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1015544468
Incorporation
Founding capital of €500, 50 shares · Appointment: COEL Jérémy Alain Nicolas (director) · Registered office clause: rue Longue 44, 1150 Woluwé-Saint-Pierre · published on 28-10-2024 · Gazette deed
First establishment
Langestraat 44, Woluwe-Saint-Pierre
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| COEL STUDIO Woluwe-Saint-Pierre | €100,575 | €50,134 | 74.7% | - |
| Byve Dendermonde | €92,442 | €60,134 | 56.7% | - |
| LUMN Anderlecht | €83,520 | €63,497 | 72.8% | - |
| Eyefine Keerbergen | €78,460 | €46,364 | 53.1% | - |
| Studio M. Smits Antwerp | €96,363 | €42,932 | 37.2% | - |
| MARC RIDLEY Liège | €84,372 | €56,681 | 84.4% | - |
| Fris Weddings Ostend | €94,790 | €49,749 | 67.3% | - |
These companies have the same main activity as COEL STUDIO: photography, excluding press photography (NACE 74201). They are comparable in size and age: total assets between €78,500 and €96,400, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 24-10-2024Normal situation
- Activity
- Photography, excluding press photographyNACE 74201and 5 others
- Establishment unit
- 2.366.793.4661150 Woluwe-Saint-Pierre, since 24-10-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 10-11-2025
Insights on COEL STUDIO
COEL STUDIO has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €75,141 and a net result of €35,403.
Its solvency ranks better than 75% of 4,362 sector peers (NACE 74, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about COEL STUDIO
- What is the company number of COEL STUDIO?
- The company number of COEL STUDIO is 1015.544.468. The VAT number is the same number with BE in front: BE 1015.544.468.
- Where is COEL STUDIO based?
- The registered office is at Langestraat 44, 1150 Woluwe-Saint-Pierre.Company details
- What does COEL STUDIO do?
- According to the KBO register, the main activity is photography, excluding press photography (NACE 74201).
- What is the legal form of COEL STUDIO?
- COEL STUDIO is a private limited company (BV).
- When was COEL STUDIO founded?
- COEL STUDIO was founded on 24-10-2024.
- Is COEL STUDIO still active?
- Yes, COEL STUDIO is an active enterprise in the KBO register.
- What is the turnover of COEL STUDIO?
- The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €50,134 and 2,667 comparable companies of the same size. It probably lies between €100,000 and €260,000. It is a rough estimate.Financials
- Is COEL STUDIO profitable?
- In financial year 2025, COEL STUDIO made a profit of €35,403.
- Where can I find the annual accounts of COEL STUDIO?
- COEL STUDIO filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of COEL STUDIO due?
- COEL STUDIO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.