DOGSTUDIO
ActiveSummary
DOGSTUDIO has been active since 2020 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags). The 2025 annual accounts show equity of €1.6m and a net result of €125,677. Equity is growing by ~4% per year across the filed fiscal years. Its solvency ranks better than 93% of 1453 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability48▼-34
Solvency100▲+43
Growth52▼-26
Track record84
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120,000 at 30 days acceptable
Liquidity ample (current ratio 8.04 against 1.47 in 2024; short-term debt: 12.4% and cash: 27.2% of total assets), and 12.4% of the assets are financed with debt.
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Signals
Nine 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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
87.6%
Return on assets
6.7%
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 25-09-2026, 56 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 · 6 filingsDeviation from the deadline
2025
56 d late
2024
92 d late
2023
97 d late
2022
128 d late
2021
20 d early
2020
22 d early
← 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 55 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Address struckAddress strikeout stopped
Checked, nothing found (1)
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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#8 company by equity in Namur, Telecoms and IT sector
Turnover
€2.0m
EBIT margin
19.2%
Net result
€125,677▼ 95.7%
2024 · €3.0m
Working capital
€1.6m▲ 8.6%
2024 · €1.5m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related 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
Line20212022202320242025
Turnover
Operating result€1.1m▲ 189%€509,740▼ 53.4%€132,656▼ 74.0%€103,048▼ 22.3%€35,433▼ 65.6%
Net result€837,679above the sector's middle half▲ 226%€388,610above the sector's middle half▼ 53.6%€37,480within the sector's middle half▼ 90.4%€3.0mabove the sector's middle half▲ 7,780%€125,677within the sector's middle half▼ 95.7%
EBIT margin
Equity€1.3mabove the sector's middle half€1.5mabove the sector's middle half▲ 23.9%€1.6mabove the sector's middle half▲ 2.4%€1.5mwithin the sector's middle half▼ 4.8%€1.6mwithin the sector's middle half▲ 8.3%
Total assets€4.0mabove the sector's middle half▲ 241%€2.8mwithin the sector's middle half▼ 29.7%€2.9mwithin the sector's middle half▲ 4.9%€4.7mabove the sector's middle half▲ 59.8%€1.9mwithin the sector's middle half▼ 60.2%
Debt€2.7m▲ 262%€1.3m▼ 54.3%€1.4m▲ 8.0%€3.2m▲ 136%€232,254▼ 92.7%
Working capital€1.2mabove the sector's middle half▲ 217%-€640,865below the sector's middle half-€615,822below the sector's middle half▲ 3.9%€1.5mabove the sector's middle half€1.6mabove the sector's middle half▲ 8.6%
Solvency31.4%within the sector's middle half55.3%within the sector's middle half▲ 23.9pp54.0%within the sector's middle half▼ 1.3pp32.2%within the sector's middle half▼ 21.8pp87.6%above the sector's middle half▲ 55.4pp
Current ratio1.45within the sector's middle half▼ 0.060.48below the sector's middle half▼ 0.970.54below the sector's middle half▲ 0.071.47within the sector's middle half▲ 0.938.04above the sector's middle half▲ 6.57
Return on assets (ROA)21.0%above the sector's middle half▼ 0.9pp13.9%within the sector's middle half▼ 7.1pp1.3%within the sector's middle half▼ 12.6pp62.9%above the sector's middle half▲ 61.6pp6.7%within the sector's middle half▼ 56.2pp
Staff (FTE)5.2within the sector's middle half▼ 24.6%4.8within the sector's middle half▼ 7.7%5.5within the sector's middle half▲ 14.6%4.3within the sector's middle half▼ 21.8%4within the sector's middle half▼ 7.0%
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 66% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €1.9m
Equity
€1.6m ▲ 8.3%
Debt
€232,254 ▼ 92.7%
Debt's share of the balance-sheet total falls from 67.8% to 12.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€39,383▼
2024 · €108,880
Cash flow
€129,628▼
2024 · €3.0m
Debt to equity
0.14▼
2024 · 2.11
ROE
7.7%▼
2024 · 195.7%
Interest coverage
2.46▼
2024 · 3.81
Debt ≤ 1 year
€232,254▼
2024 · €3.2m
Income taxes
€77,999▲
2024 · €8,752
Staff costs
€467,245▲
2024 · €449,788
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% 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 26,970 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €337,723 | €345,022 | €464,867 | €449,788 | €467,245 | ▲ 3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,871 | €8,653 | €10,644 | €5,832 | €3,951 | ▼ 32.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €0 | - | €126,287 | -€126,287 | €0 | ▲ 100% |
| Other operating charges640/8 | €611 | €1,142 | €91 | €7,978 | €1,165 | ▼ 85.4% |
| Non-recurring operating charges66A | - | - | - | €709 | €0 | ▼ 100% |
| Gross operating margin9900 | €1.4m | €864,557 | €734,545 | €441,067 | €507,794 | ▲ 15.1% |
| Operating profit (loss)9901 | €1.1m | €509,740 | €132,656 | €103,048 | €35,433 | ▼ 65.6% |
| Financial income75/76B | €63,606 | €42,745 | €95 | €2.9m | €184,242 | ▼ 93.6% |
| Recurring financial income75 | €63,606 | €42,745 | €95 | €189,322 | €184,242 | ▼ 2.7% |
| Non-recurring financial income76B | - | - | - | €2.7m | €0 | ▼ 100% |
| Financial charges65/66B | €41,478 | €28,875 | €31,519 | €28,609 | €15,998 | ▼ 44.1% |
| Recurring financial charges65 | €41,478 | €28,875 | €31,519 | €28,609 | €15,998 | ▼ 44.1% |
| Profit (loss) for the period before taxes9903 | €1.1m | €523,610 | €101,232 | €3.0m | €203,677 | ▼ 93.1% |
| Income taxes67/77 | €277,622 | €135,000 | €63,752 | €8,752 | €77,999 | ▲ 791% |
| Profit (loss) for the period9904 | €837,679 | €388,610 | €37,480 | €3.0m | €125,677 | ▼ 95.7% |
| Profit (loss) for the period to be appropriated9905 | €837,679 | €388,610 | €37,480 | €3.0m | €125,677 | ▼ 95.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.0m | €2.8m | €2.9m | €4.7m | €1.9m | ▼ 60.2% |
| Fixed assets21/28 | €33,197 | €2.2m | €2.2m | €4,051 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €12,292 | €21,135 | €10,491 | €3,951 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | €11,324 | €20,705 | €10,452 | €3,951 | €0 | ▼ 100% |
| Furniture and vehicles24 | €969 | €430 | €39 | €0 | - | - |
| Financial fixed assets28 | €20,904 | €2.2m | €2.2m | €100 | €0 | ▼ 100% |
| Current assets29/58 | €4.0m | €586,785 | €735,548 | €4.7m | €1.9m | ▼ 60.2% |
| Amounts receivable after more than one year29 | - | - | - | €3.0m | €0 | ▼ 100% |
| Trade receivables290 | - | - | - | €3.0m | €0 | ▼ 100% |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - |
| Stocks30/36 | €0 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €796,013 | €457,968 | €720,875 | €1.4m | €1.4m | ▼ 4.2% |
| Trade receivables40 | €677,974 | €406,072 | €601,412 | €1.3m | €1.2m | ▼ 4.1% |
| Other amounts receivable41 | €118,039 | €51,896 | €119,463 | €127,356 | €120,734 | ▼ 5.2% |
| Cash at bank and in hand54/58 | €3.2m | €128,749 | €10,175 | €238,792 | €507,601 | ▲ 113% |
| Deferred charges and accrued income490/1 | €0 | €67 | €4,499 | €2,586 | €1,734 | ▼ 32.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.0m | €2.8m | €2.9m | €4.7m | €1.9m | ▼ 60.2% |
| Equity10/15 | €1.3m | €1.5m | €1.6m | €1.5m | €1.6m | ▲ 8.3% |
| Contributions10/11 | €276,241 | €278,057 | €278,057 | €278,057 | €278,057 | = |
| Capital10 | €276,241 | €278,057 | €278,057 | €278,057 | €278,057 | = |
| Issued capital100 | €278,057 | €278,057 | €278,057 | €278,057 | €278,057 | = |
| Uncalled capital101 | €1,816 | €0 | - | - | - | - |
| Reserves13 | €32,717 | €32,717 | €32,717 | €32,717 | €32,717 | = |
| Non-distributable reserves130/1 | €27,806 | €27,806 | €27,806 | €27,806 | €27,806 | = |
| Legal reserve130 | €27,806 | €27,806 | €27,806 | €27,806 | €27,806 | = |
| Tax-exempt reserves132 | €3,549 | €3,549 | €3,549 | €3,549 | €3,549 | = |
| Distributable reserves133 | €1,362 | €1,362 | €1,362 | €1,362 | €1,362 | = |
| Profit (loss) carried forward14 | €941,467 | €1.2m | €1.3m | €1.2m | €1.3m | ▲ 10.5% |
| Amounts payable17/49 | €2.7m | €1.3m | €1.4m | €3.2m | €232,254 | ▼ 92.7% |
| Amounts payable within one year42/48 | €2.7m | €1.2m | €1.4m | €3.2m | €232,254 | ▼ 92.7% |
| Trade debts44 | €300,362 | €318,430 | €713,696 | €73,218 | €91,074 | ▲ 24.4% |
| Suppliers440/4 | €300,362 | €318,430 | €713,696 | €73,218 | €91,074 | ▲ 24.4% |
| Advances received on contracts in progress46 | €2.0m | €0 | - | - | - | - |
| Taxes, remuneration and social security45 | €411,553 | €462,647 | €262,116 | €80,699 | €141,180 | ▲ 74.9% |
| Taxes450/3 | €376,672 | €412,418 | €211,383 | €49,066 | €94,224 | ▲ 92.0% |
| Remuneration and social security454/9 | €34,881 | €50,229 | €50,733 | €31,633 | €46,956 | ▲ 48.4% |
| Other amounts payable47/48 | €52,470 | €446,573 | €375,558 | €3.0m | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | €762 | €23,080 | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €837,679 | €388,610 | €37,480 | €3.0m | €125,677 | ▼ 95.7% |
| + Depreciation and write-downs630 | €5,871 | €8,653 | €10,644 | €5,832 | €3,951 | ▼ 32.3% |
| Operating cash flow (approximation) | €843,549 | €397,263 | €48,123 | €3.0m | €129,628 | ▼ 95.6% |
| Investment in fixed assets (approximation) | - | -€2.2m | €0 | €2.2m | €100 | ▼ 100.0% |
| Change in cash | - | -€3.0m | -€118,575 | €228,617 | €268,809 | ▲ 17.6% |
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
25-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 56 days late
14-08
KBO administration
Address strikeout stopped
event 09-07-2026
31-07
State Gazette act
Resignation: BLOK Milou (director)Director discharge3 facts ▸
State Gazette act
Resignation: BLOK Milou (director)
Director discharge3 facts ▸
- General meeting, assemblée générale extraordinaire
- Director resignation, BLOK Milou (director)
- Director discharge, BLOK Milou
26-05
KBO administration
Address struck
event 10-05-2026
2025
31-12
Financial
Liquidity times 5current ratio 8.04
Current ratio from 1.47 to 8.04; short-term debt falls from €3.2m to €232,254.
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 92 days late
2024
31-12
Financial
Highest result since 2020net €3.0m ▲7,780%
Net result €3.0m, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 1.47
Current ratio from 0.54 to 1.47.
05-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 97 days late
2023
31-12
Financial
Weakest financial yearnet €37,480 ▼90.4%
Net result drops to €37,480, the lowest in the series; recovery starts the following year.
06-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 128 days late
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
SignalFinancial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 8 acts read
About the unread acts
Of the 8 Belgian State Gazette acts we know for this company, 1 has been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
no sitting director, last change in 2026
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.
Not every act has been read: a resignation may be missing here
7 of this company's 8 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Namur · 1 establishment unit since 2020
Ground area
1,281 m²
Building footprint
575 m²
Volume, LiDAR
7,741 m³
2 parcels, Wallonia · tallest building 17.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
DOGSTUDIO
since 20202.299.255.138
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92094C1126/00W000 | Wallonia | 806 m² | 1 · 78 m² | 17.5 m · 5 fl. |
| 92067A0066/00F000 | Wallonia | 476 m² | 1 · 497 m² | 16.7 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
1 person since 2026, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| BLOK Milou |
|
Articles of association
Who signs
The sole director
Board rule
Administrateur unique, composition de l'organe d'administration
Délibérations et résolutions, 9
Pouvoir de gestion – gestion journalière, pouvoirs les plus étendus pour accomplir tous les actes nécessaires ou utiles à la réalisation de l'objet
Other statement
Composition du bureau – procès-verbaux, 19
Copies et extraits des procès-verbaux, 23
Power of attorney
2 provisions in the deed
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
- Dogstudio Agency Canada Inc.CAsubsidiarySourceown accounts 2024100%
According to the 2024 annual accounts of DOGSTUDIO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 3,214 companies in sector 62900 we hold annual accounts for 1,746. 629 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded09-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
Contact
E-mail
caniche@laniche.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0740983988
Also
9925:BE0740983988
Registered
26-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.