DOGSTUDIO (0740.983.988): financials and annual accounts

DOGSTUDIO

Namur ·KBO/BCE: BE 0740.983.988

Line	2025	2024	2023	2022	2021	2020
Balance sheet: assets
Total assets`20/58`	1.9m	4.7m	2.9m	2.8m	4.0m	1.2m
Fixed assets`21/28`	0	4,051	2.2m	2.2m	33,197	29,010
Tangible fixed assets`22/27`	0	3,951	10,491	21,135	12,292	8,856
Plant, machinery and equipment`23`	0	3,951	10,452	20,705	11,324	7,348
Furniture and vehicles`24`	-	0	39	430	969	1,508
Financial fixed assets`28`	0	100	2.2m	2.2m	20,904	20,154
Current assets`29/58`	1.9m	4.7m	735,548	586,785	4.0m	1.1m
Amounts receivable after more than one year`29`	0	3.0m	-	-	-	-
Trade receivables`290`	0	3.0m	-	-	-	-
Stocks and contracts in progress`3`	-	-	-	-	0	10,350
Stocks`30/36`	-	-	-	-	0	10,350
Amounts receivable within one year`40/41`	1.4m	1.4m	720,875	457,968	796,013	776,376
Trade receivables`40`	1.2m	1.3m	601,412	406,072	677,974	628,109
Other amounts receivable`41`	120,734	127,356	119,463	51,896	118,039	148,267
Cash at bank and in hand`54/58`	507,601	238,792	10,175	128,749	3.2m	351,437
Deferred charges and accrued income`490/1`	1,734	2,586	4,499	67	0	1,272
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	1.9m	4.7m	2.9m	2.8m	4.0m	1.2m
Equity`10/15`	1.6m	1.5m	1.6m	1.5m	1.3m	-
Contributions`10/11`	278,057	278,057	278,057	278,057	276,241	276,241
Capital`10`	278,057	278,057	278,057	278,057	276,241	276,241
Issued capital`100`	278,057	278,057	278,057	278,057	278,057	278,057
Uncalled capital`101`	-	-	-	0	1,816	-
Reserves`13`	32,717	32,717	32,717	32,717	32,717	12,231
Non-distributable reserves`130/1`	27,806	27,806	27,806	27,806	27,806	7,320
Legal reserve`130`	27,806	27,806	27,806	27,806	27,806	7,320
Tax-exempt reserves`132`	3,549	3,549	3,549	3,549	3,549	3,549
Distributable reserves`133`	1,362	1,362	1,362	1,362	1,362	1,362
Profit (loss) carried forward`14`	1.3m	1.2m	1.3m	1.2m	941,467	124,274
Amounts payable`17/49`	232,254	3.2m	1.4m	1.3m	2.7m	755,699
Amounts payable within one year`42/48`	232,254	3.2m	1.4m	1.2m	2.7m	755,699
Trade debts`44`	91,074	73,218	713,696	318,430	300,362	294,285
Suppliers`440/4`	91,074	73,218	713,696	318,430	300,362	294,285
Advances received on contracts in progress`46`	-	-	-	0	2.0m	92,205
Taxes, remuneration and social security`45`	141,180	80,699	262,116	462,647	411,553	204,793
Taxes`450/3`	94,224	49,066	211,383	412,418	376,672	125,315
Remuneration and social security`454/9`	46,956	31,633	50,733	50,229	34,881	79,478
Other amounts payable`47/48`	0	3.0m	375,558	446,573	52,470	164,416
Accrued charges and deferred income`492/3`	-	-	0	23,080	762	-
Income statement
Turnover`70`	-	-	-	-	-	2.0m
Gross operating margin`9900`	507,794	441,067	734,545	864,557	1.4m	1.1m
Goods, raw materials, services and sundry goods`60/61`	-	-	-	-	-	872,747
Remuneration, social security and pensions`62`	467,245	449,788	464,867	345,022	337,723	726,641
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	3,951	5,832	10,644	8,653	5,871	5,306
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	0	-126,287	126,287	-	0	9,129
Other operating charges`640/8`	1,165	7,978	91	1,142	611	384
Non-recurring operating charges`66A`	0	709	-	-	-	-
Operating profit (loss)`9901`	35,433	103,048	132,656	509,740	1.1m	378,851
Financial income`75/76B`	184,242	2.9m	95	42,745	63,606	826
Recurring financial income`75`	184,242	189,322	95	42,745	63,606	826
Non-recurring financial income`76B`	0	2.7m	-	-	-	-
Financial charges`65/66B`	15,998	28,609	31,519	28,875	41,478	24,167
Recurring financial charges`65`	15,998	28,609	31,519	28,875	41,478	24,167
Profit (loss) for the period before taxes`9903`	203,677	3.0m	101,232	523,610	1.1m	355,510
Income taxes`67/77`	77,999	8,752	63,752	135,000	277,622	98,800
Profit (loss) for the period`9904`	125,677	3.0m	37,480	388,610	837,679	256,710
Profit (loss) for the period to be appropriated`9905`	125,677	3.0m	37,480	388,610	837,679	256,710
Appropriation of the result
Profit (loss) to be appropriated`9906`	1.3m	4.2m	1.3m	1.3m	961,953	256,710
Profit (loss) brought forward from the previous period`14P`	1.2m	1.3m	1.2m	941,467	124,274	-
Transfer to equity`691/2`	-	-	-	0	20,485	6,600
To the legal reserve`6920`	-	-	-	0	20,485	6,600
Profit to be distributed`694/7`	0	3.0m	0	92,030	-	-
Return on contributions (dividend)`694`	0	3.0m	-	-	-	-
Employees`696`	-	-	0	92,030	-	-
Social balance sheet
Average staff (FTE)`9087`	4	4.3	5.5	4.8	5.2	6.9
Hours worked`1013`	6,969	7,335	8,856	7,971	8,682	-
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Financial year	Type	Filed	Reference	Document
31-12-2025	full format	25-09-2026	2026-00523591	PDF
31-12-2024	full format	31-10-2025	2025-00561008	PDF
31-12-2023	full format	05-11-2024	2024-00527855	PDF
31-12-2022	full format	06-12-2023	2023-00523588	PDF
31-12-2021	full format	11-07-2022	2022-20177852	PDF
31-12-2020	full format	09-07-2021	2021-34400574	PDF

Line	2025	2024	2023	2022	2021	2020
EBITDA	39,383	108,880	143,299	518,393	1.1m	384,157
Cash flow	129,628	3.0m	48,123	397,263	843,549	262,016
Investment in fixed assets (approximation)	-100	0	0	2.2m	10,057	29,042
Change in cash	268,809	228,617	-118,575	-3.0m	2.8m	-
Working capital	1.6m	1.5m	-615,822	-640,865	1.2m	383,736
EBIT margin	-	-	-	-	-	19.2%
Solvency	87.6%	32.2%	54.0%	55.3%	31.4%	-
Current ratio	8.04	1.47	0.54	0.48	1.45	1.51
Quick ratio	8.04	1.47	0.54	0.48	1.45	1.49
Debt to equity	0.14	2.11	0.85	0.81	2.19	-
ROE	7.7%	195.7%	2.4%	25.1%	67.0%	-
ROA	6.7%	62.9%	1.3%	13.9%	21.0%	22.0%
Interest coverage	2.46	3.81	4.55	17.95	26.50	15.90
Customer credit	-	-	-	-	-	116 days
Supplier credit	-	-	-	-	-	123 days

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	4	4	5	5	5
full-time	4	4	4	4	4
part-time	0	0	1	1	1
in full-time equivalents	4	4	4.8	4.8	4.8
Average over the year, in full-time equivalents	4	4.3	5.5	4.8	5.2
On a permanent contract	4	4	5	5	5
Joined	-	0	2	-	1
Left	-	1	2	-	2

Item	2025	2024	2023	2022	2021
Tangible fixed assets	-	-	-	€17,495	€9,307
Financial fixed assets	-	€0	-	€2.2m	€750
Depreciation and write-downs of the year	€3,951	€5,832	€10,644	€8,653	€5,871

DOGSTUDIO

Annual accounts 2025

Money flows

Balance sheet

Change in equityin €m

Change in cashin euro

Position in the sector

Solvency87.6%

Current ratio8.04

Return on assets6.7%

Staff

Staff cost per FTE€116,811

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Overdue debts

Investments

Insights on DOGSTUDIO

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