Electret Studio
ActiveSummary
Electret Studio has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €87k and a net result of €54k. Its solvency ranks better than 95% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency100=
Growth85
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 23.67 against 4.09 in 2023; short-term debt: 3.6% and cash: 54% of total assets), and 3.6% of the assets are financed with debt.
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Signals
Four 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-08-2025, 20 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
not confirmed
2024
20 d late
2023
26 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€101k▲ 43.0%
2023 · €71k
EBIT margin
51.6%▼ 3.7pp
2023 · 55.4%
Net result
€54k▲ 72.1%
2023 · €31k
Working capital
€73k▲ 149%
2023 · €29k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20232024
Turnover€71k-€101k▲ 43.0%
Operating result€39k-€52k▲ 33.4%
Net result€31k-€54k▲ 72.1%
EBIT margin55.4%-51.6%▼ 3.7pp
Equity€33k-€87k▲ 162%
Total assets€43k-€90k▲ 111%
Debt€9k-€3k▼ 66.0%
Working capital€29k-€73k▲ 149%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 33% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €90k
Fixed assets
€14k ▲ 253%
Current assets
€76k ▲ 96.6%
Equity and liabilities €90k
Equity
€87k ▲ 162%
Debt
€3k ▼ 66.0%
Debt's share of the balance-sheet total falls from 22.1% to 3.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€55k▲
2023 · €39k
Cash flow
€57k▲
2023 · €31k
Current ratio
23.67▲
2023 · 4.09
Debt to equity
0.04▼
2023 · 0.28
ROE
61.8%▼
2023 · 94.0%
ROA
59.6%▼
2023 · 73.2%
Interest coverage
875.53▲
2023 · 471.88
Debt ≤ 1 year
€3k▼
2023 · €9k
Income taxes
€-2k▼
2023 · €8k
Staff costs
€480
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Turnover70 | €71k | €101k | ▲ 43.0% |
| Goods, raw materials, services and sundry goods60/61 | €31k | €45k | ▲ 46.0% |
| Remuneration, social security and pensions62 | - | €480 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €89 | €3k | ▲ 3,405% |
| Other operating charges640/8 | €419 | - | - |
| Gross operating margin9900 | €40k | €56k | ▲ 40.7% |
| Operating profit (loss)9901 | €39k | €52k | ▲ 33.4% |
| Financial income75/76B | - | €1 | - |
| Recurring financial income75 | - | €1 | - |
| Financial charges65/66B | €83 | €63 | ▼ 24.0% |
| Recurring financial charges65 | €83 | €63 | ▼ 24.0% |
| Profit (loss) for the period before taxes9903 | €39k | €52k | ▲ 33.5% |
| Income taxes67/77 | €8k | €-2k | ▼ 121% |
| Profit (loss) for the period9904 | €31k | €54k | ▲ 72.1% |
| Profit (loss) for the period to be appropriated9905 | €31k | €54k | ▲ 72.1% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €43k | €90k | ▲ 111% |
| Fixed assets21/28 | €4k | €14k | ▲ 253% |
| Tangible fixed assets22/27 | €4k | €14k | ▲ 253% |
| Plant, machinery and equipment23 | - | €5k | - |
| Furniture and vehicles24 | €4k | €9k | ▲ 127% |
| Current assets29/58 | €39k | €76k | ▲ 96.6% |
| Amounts receivable within one year40/41 | €8k | €27k | ▲ 258% |
| Trade receivables40 | €7k | €5k | ▼ 29.4% |
| Other amounts receivable41 | €91 | €22k | ▲ 23,843% |
| Cash at bank and in hand54/58 | €31k | €49k | ▲ 56.7% |
| Deferred charges and accrued income490/1 | €48 | €294 | ▲ 513% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €43k | €90k | ▲ 111% |
| Equity10/15 | €33k | €87k | ▲ 162% |
| Contributions10/11 | €2k | €2k | = |
| Profit (loss) carried forward14 | €31k | €85k | ▲ 172% |
| Amounts payable17/49 | €9k | €3k | ▼ 66.0% |
| Amounts payable within one year42/48 | €9k | €3k | ▼ 66.0% |
| Trade debts44 | €36 | €903 | ▲ 2,386% |
| Suppliers440/4 | €36 | €903 | ▲ 2,386% |
| Taxes, remuneration and social security45 | €9k | €2k | ▼ 75.2% |
| Taxes450/3 | €9k | €2k | ▼ 75.2% |
| Other amounts payable47/48 | €93 | - | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €31k | €54k | ▲ 72.1% |
| + Depreciation and write-downs630 | €89 | €3k | ▲ 3,405% |
| Operating cash flow (approximation) | €31k | €57k | ▲ 81.5% |
| Investment in fixed assets (approximation) | - | €-13k | - |
| Change in cash | - | €18k | - |
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
2025
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
31-12
Financial
Liquidity times 6current ratio 23.67
Current ratio from 4.09 to 23.67; short-term debt falls from €9k to €3k.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Quiévrain · 1 establishment unit since 2023
Ground area
273 m²
Parcel 53068A1523/00R002, Wallonia. Linked by address, not a title deed.
1 establishment unit
Electret Studio
since 20232.347.478.390
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53068A1523/00R002 | Wallonia | 273 m² | - | - |
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 3,211 companies in sector 62900 we hold annual accounts for 1,742. 1,398 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
Founded07-07-2023
Fiscal year end31-12
Activities, NACEBEL 2025
62900Other information technology and computer services
Scores and ratios are computed by Checked and are not a credit decision.