EELEN STUDIOS
ActiveEELEN STUDIOS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €58k and a net result of €24k. Equity is shrinking by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 24% of 16942 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▲+8
Solvency50▼-23
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity tight (current ratio 1.38 against 2.25 in 2024; short-term debt: 64.1% and cash: 16.6% of total assets), and 74.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young 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
25.4%
Return on assets
10.6%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 16942 sector peers (2025).
NBB · sector comparisonPosition among 16942 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
55 d early
2023
5 d early
2022
9 d early
2021
9 d early
2020
24 d early
2019
34 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€58k▼ 52.2%
2024 · €122k
2018: €250k
2019: €115k
2020: €140k
2021: €152k
2022: €150k
2023: €153k
2024: €122k
2018 → 2025
Total assets
€229k▼ 9.0%
2024 · €252k
2018: €274k
2019: €198k
2020: €220k
2021: €236k
2022: €234k
2023: €232k
2024: €252k
2018 → 2025
Net result
€24k▲ 152%
2024 · €10k
2018: €22k
2019: €40k
2020: €33k
2021: €33k
2022: €22k
2023: €24k
2024: €10k
2018 → 2025
Working capital
€55k▼ 53.9%
2024 · €120k
2018: €249k
2019: €116k
2020: €142k
2021: €151k
2022: €149k
2023: €151k
2024: €120k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€152k-€150k▼ 1.0%€153k▲ 1.8%€122k▼ 20.2%€58k▼ 52.2%
Operating result€46k-€29k▼ 36.2%€34k▲ 17.7%€15k▼ 57.5%€35k▲ 138%
Net result€33k-€22k▼ 34.8%€24k▲ 13.2%€10k▼ 60.5%€24k▲ 152%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 138% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €229k
Fixed assets
€27k▼ 24.7%
Current assets
€202k▼ 6.4%
Equity and liabilities €229k
Equity
€58k▼ 52.2%
Debt
€171k▲ 31.7%
The debt ratio rises from 51.6% to 74.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€44k▲
2024 · €21k
Cash flow
€33k▲
2024 · €16k
Solvency
25.4%▼
2024 · 48.4%
Current ratio
1.38▼
2024 · 2.25
Quick ratio
1.31▼
2024 · 2.15
Debt / equity
2.94▲
2024 · 1.06
ROE
41.7%▲
2024 · 7.9%
ROA
10.6%▲
2024 · 3.8%
Interest coverage
13.42▲
2024 · 7.97
Debt
€171k▲
2024 · €130k
Debt ≤ 1 year
€147k▲
2024 · €96k
Debt > 1 year
€24k▼
2024 · €34k
Income taxes
€12k▲
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€252k€229k▼
Fixed assets21/28€36k€27k▼
Tangible fixed assets22/27€36k€27k▼
Plant, machinery and equipment23€430€17▼
Furniture and vehicles24€36k€27k▼
Current assets29/58€216k€202k▼
Amounts receivable after more than one year29€127k€127k=
Trade receivables290€127k€127k=
Stocks and contracts in progress3€9k€10k▲
Stocks30/36€9k€10k▲
Amounts receivable within one year40/41€11k€20k▲
Trade receivables40€6k€20k▲
Other amounts receivable41€5k€336▼
Cash at bank and in hand54/58€61k€38k▼
Deferred charges and accrued income490/1€7k€7k▼
Equity and liabilities
Total equity and liabilities10/49€252k€229k▼
Equity10/15€122k€58k▼
Contributions10/11€1€1=
Reserves13€122k€58k▼
Distributable reserves133€122k€58k▼
Amounts payable17/49€130k€171k▲
Amounts payable after more than one year17€34k€24k▼
Financial debts170/4€34k€24k▼
Amounts payable within one year42/48€96k€147k▲
Current portion of amounts payable after more than one year42€16k€16k▲
Trade debts44€9k€3k▼
Suppliers440/4€9k€3k▼
Taxes, remuneration and social security45€10k€11k▲
Taxes450/3€10k€11k▲
Other amounts payable47/48€60k€116k▲
Accrued charges and deferred income492/3€34-
Income statement
Code20242025
Non-recurring operating income76A€2k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€9k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€23k€45k▲
Operating profit (loss)9901€15k€35k▲
Financial income75/76B€4k€4k▲
Recurring financial income75€4k€4k▲
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€16k€36k▲
Income taxes67/77€7k€12k▲
Profit (loss) for the period9904€10k€24k▲
Profit (loss) for the period to be appropriated9905€10k€24k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€24k▲
Transfer from equity791/2€40k€88k▲
Transfer to equity691/2€10k€24k▲
To the legal reserve6920€10k€24k▲
Profit to be distributed694/7€40k€88k▲
Return on contributions (dividend)694€40k€88k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
06-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €10k ▼60.5%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
25-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Equity above €150kEq €153k ▲1.8%
6 profitable years in a row build equity to €153k.
21-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Equity above €150kEq €152k ▲8.6%
4 profitable years in a row build equity to €152k.
06-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Highest result since 2018net €40k ▲87.3%
Operating result €54k, net result €40k, both a record.
12-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Geel · 1 establishment unit since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Patrijzenstraat 82440 GeelGround area
584 m²
Building footprint
106 m²
Volume, LiDAR
537 m³
Parcel 13374E0272/00G000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Eelen Studios
since 20082.170.686.289
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13374E0272/00G000 | Flanders | 584 m² | 1 · 106 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 29,992 companies in sector 62200 we hold annual accounts for 18,386. 15,434 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-05-2008
Fiscal year end30-09
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
16281Manufacture of other wood products
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.