Erased_Studio
ActiveErased_Studio has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €70k and a net result of €35k. Equity is growing by ~103.4% per year across the filed fiscal years. Its solvency ranks better than 39% of 2465 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability91▲+31
Solvency61▲+1
Growth78=
Track record94
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 1.53 against 1.36 in 2023; short-term debt: 64% and cash: 33.5% of total assets), but 64% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 90
Relative position
BE, all sectors
reference
Sector 90
lower
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
36%
Return on assets
18%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-07-2025, 2 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
2 d early
2023
65 d late
2022
48 d early
2021
24 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€70k▲ 99.7%
2023 · €35k
2021: €8k
2022: €26k
2023: €35k
2021 → 2024
Total assets
€195k▲ 95.4%
2023 · €100k
2021: €13k
2022: €37k
2023: €100k
2021 → 2024
Net result
€35k▲ 298%
2023 · €9k
2021: €6k
2022: €18k
2023: €9k
2021 → 2024
Working capital
€66k▲ 165%
2023 · €25k
2021: €8k
2022: €26k
2023: €25k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€8k-€26k▲ 234%€35k▲ 33.4%€70k▲ 99.7%
Operating result€7k-€24k▲ 226%€11k▼ 53.0%€46k▲ 312%
Net result€6k-€18k▲ 214%€9k▼ 52.3%€35k▲ 298%
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 2024; 2024 is 312% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €195k
Fixed assets
€4k▼ 29.3%
Current assets
€191k▲ 104%
Equity and liabilities €195k
Equity
€70k▲ 99.7%
Debt
€125k▲ 81.5%
The debt ratio falls from 66.2% to 64.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€48k▲
2023 · €13k
Cash flow
€37k▲
2023 · €10k
Solvency
36.0%▲
2023 · 35.2%
Current ratio
1.53▲
2023 · 1.36
Quick ratio
1.53▲
2023 · 1.36
Debt / equity
1.78▼
2023 · 1.96
ROE
49.9%▲
2023 · 25.1%
ROA
18.0%▲
2023 · 8.8%
Interest coverage
124.46▲
2023 · -56.01
Debt
€125k▲
2023 · €69k
Debt ≤ 1 year
€125k▲
2023 · €69k
Income taxes
€11k▲
2023 · €3k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€100k€195k▲
Fixed assets21/28€6k€4k▼
Tangible fixed assets22/27€4k€2k▼
Furniture and vehicles24€4k€2k▼
Financial fixed assets28€2k€2k=
Current assets29/58€94k€191k▲
Amounts receivable within one year40/41€66k€124k▲
Trade receivables40€66k€124k▲
Cash at bank and in hand54/58€16k€65k▲
Deferred charges and accrued income490/1€12k€990▼
Equity and liabilities
Total equity and liabilities10/49€100k€195k▲
Equity10/15€35k€70k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€33k€68k▲
Amounts payable17/49€69k€125k▲
Amounts payable within one year42/48€69k€125k▲
Trade debts44€28k€48k▲
Suppliers440/4€28k€48k▲
Taxes, remuneration and social security45€35k€30k▼
Taxes450/3€35k€30k▼
Other amounts payable47/48€8k€47k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€94€341▲
Gross operating margin9900€13k€49k▲
Operating profit (loss)9901€11k€46k▲
Financial income75/76B€4€59▲
Recurring financial income75€4€59▲
Financial charges65/66B€-224€387▲
Recurring financial charges65€-224€387▲
Profit (loss) for the period before taxes9903€11k€46k▲
Income taxes67/77€3k€11k▲
Profit (loss) for the period9904€9k€35k▲
Profit (loss) for the period to be appropriated9905€9k€35k▲
Appropriation of the result
Profit (loss) to be appropriated9906€33k€68k▲
Profit (loss) brought forward from the previous period14P€24k€33k▲
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
2026
03-09
State Gazette act
Registered officeBoard meeting · Registered-office move · Power of attorney4 facts ▸
State Gazette act
Registered office
Board meeting · Registered-office move · Power of attorney4 facts ▸
- Board meeting, 2026-05-21
- Registered-office move, Avenue van Volxem 311, 1190 Forest
- Power of attorney, SRL Fiduciaire Digitale
- Mandate term, Durée indéterminée et jusqu'à révocation expresse
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €35k ▲298%
Operating result €46k, net result €35k, both a record.
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 65 days late
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
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.
30-09-2025
De Smedt: Resigned as Director
30-09-2025
Housiaux: Resigned as Director
Location & real-estate footprint
Registered office, Vorst · 1 establishment unit since 2021
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.
Van Volxemlaan 3111190 VorstGround area
236 m²
Building footprint
184 m²
Volume, LiDAR
1,849 m³
Parcel 21007A0060/00K004, Brussels · tallest building 15.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Erased Studio
since 20212.320.573.362
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21007A0060/00K004 | Brussels | 236 m² | 1 · 184 m² | 15.5 m · 4 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.
Similar companies · same sector, comparable size
GEMERZCO
BE 1027.850.008
Lasne · Eq €22k
VAN POTTELSBERGHE CHRISTINE
BE 0808.334.751
Tervuren · Eq €221k
Hiros
BE 0862.325.347
Brussel · Eq €326k
AXCO
BE 0807.390.386
La Hulpe · Eq €356k
DPL INTERNATIONAL
BE 0873.284.268
Waterloo · Eq €10k
Of 366 companies in sector 90130 we hold annual accounts for 9. 6 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-08-2021
Fiscal year end31-12
Activities, NACEBEL
90031Arts creation and performing arts activities
90130Arts creation and performing arts activities
71112Activities of interior architects
74130Interior design
90111Literary creation
90391Promotion and organisation of arts and performing arts events
90392Design and construction of stages and sets
90393Specialised image, lighting and sound technical services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.