Equity
€182,854 ▲ 62.7%
Financial Reporting Studio has made a profit in every financial year since 2015.
Financial Reporting Studio
Lifetime
11 annual accounts with figures on one time axispeak €170,108 (2025)
€170,108▲ 146%
peak €70,456 (2025)
€70,456▲ 369%
peak €182,854 (2025)
€182,854▲ 62.7%
€232,119▲ 76.3%
Board1 name since 2013
1 directorVAN dE VEL Karen
Documentsfilings and deeds
15-11-202577 days before the deadline
2025micro format
Gross margin from €69,103 to €170,108Result from €15,037 to €70,456Equity from €112,398 to €182,854Debts from €131,692 to €232,119Investments €150,321
Key points
from the 2025 annual accountsResult
€70,456 ▲ 369%
The result rose in 2025 from €15,037 to €70,456.
Debts
€232,119 ▲ 76.3%
Debts rose by €100,427 in 2025.
Investments
€151,084 8.8 × depreciation
Green is investment, beige is depreciation.
Staff
3 employees on 30-06-2025
In 2025, 2 people joined and nobody left.
Filings
11 annual accounts since 2015
The last five annual accounts were filed 52 to 77 days before the end of the period.
Checked score
94
Excellent
Financially stronger than 54% of micro companies in legal and accounting (NACE 69)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: < 0.1% across 20,103 companies (NACE 69, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025lowest value
03-2025: < 0.1%● unchanged vs 02-2025lowest value
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026highest value
11-2026: < 0.1%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
lowers risk
Sector: Legal and accounting activities (NACE 69)
Size: total assets €419,974
Figures for financial year 2025 (filed on 15-11-2025)
Liquidity: current ratio 1.49, cash €54,183
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 69, micro). It does better than 41% of them on solvency, 40% on liquidity, 51% on profitability and 83% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as Financial Reporting Studio has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of Financial Reporting Studio itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for Financial Reporting Studio. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €17,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.49 (2.29 in 2024), below the usual 1.5. Short-term debt is 26.5% and cash 12.9% of total assets. 56.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 15-11-2025, 77 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
77 days early
2024
76 days early
2023
71 days early
2022
52 days early
2021
56 days early
2020
68 days early
2019
54 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 65 days before the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 21 November (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end08-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0543843960
Registered office moved within Wijnegem
New registered office: Stokerijstraat 17 bus 12 2110 Wijnegem · Previous registered office: Stokerijstraat 17 bus 10 2110 Wijnegem · Board meeting of 11-10-2020 · Gazette deed
Company renamed from K. Van de Vel to Financial Reporting Studio
Appointment: VAN dE VEL Karen (statutory director) · “De uitoefening van het beroep van bedrijfsrevisor in eigen naam,evenals de gezamenlijke uitoefening van dit…” (deed in Dutch) · General meeting of 02-09-2020 · Gazette deed
Incorporation
published on 16-01-2014 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Financial Reporting Studio Wijnegem | €419,974 | €170,108 | 43.5% | - |
| P. KILIAN BEDRIJFSREVISOR Kapellen | €339,547 | €166,132 | 62.1% | - |
| BE US AUDIT & CONSULTING Waterloo | €398,650 | €188,419 | 13.4% | - |
| BERNARD VANDENBORRE REVISEUR D'ENTREPRISES Ath | €473,148 | €149,635 | 8.8% | - |
| DOROTHEE HURTEUX REVISEUR D'ENTREPRISES Tournai | €379,153 | €145,719 | 65.1% | 0 |
| DP Associates - Réviseurs d'Entreprises Namur | €408,463 | €200,718 | 6.4% | - |
| Romuald Bilem Grimbergen | €393,086 | €136,234 | 55.5% | - |
These companies have the same main activity as Financial Reporting Studio: activities of company auditors (NACE 69203). They are comparable in size and age: total assets between €340,000 and €473,000, founded between 2014 and 2015.
Official details
Source: KBO- Status
- Active since 30-12-2013Normal situation
- Registered office
- 12 active companies are registered at this addressSource: KBO register, as of 8 November 2026.
- Activity
- Activities of company auditorsNACE 69203
- Joint committee
- 336Liberal professions · annual accounts 30-06-2023
- Establishment unit
- 2.226.648.0642110 Wijnegem, since 30-12-2013
- Financial year end
- 30 June
- Peppol
- Reachable since 10-06-2025
Annual accounts to 30-06-2025
- ≈ €310,000estimated
- €419,974▲ 68.6%
- Employeeson 30-06-2025
- 3▲ 200%
- Filing
- Filed on 15-11-2025, 77 days before the end of the filing period
Insights on Financial Reporting Studio
Financial Reporting Studio files the micro format. That format states no turnover. The gross margin rose from €28,299 in 2015 to €170,108 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Financial Reporting Studio
- What is the company number of Financial Reporting Studio?
- The company number of Financial Reporting Studio is 0543.843.960. The VAT number is the same number with BE in front: BE 0543.843.960.
- Where is Financial Reporting Studio based?
- The registered office is at Stokerijstraat 17, 2110 Wijnegem.Company details
- What does Financial Reporting Studio do?
- According to the KBO register, the main activity is activities of company auditors (NACE 69203).
- What is the legal form of Financial Reporting Studio?
- Financial Reporting Studio is a private limited company (BV).
- When was Financial Reporting Studio founded?
- Financial Reporting Studio was founded on 30-12-2013.
- Is Financial Reporting Studio still active?
- Yes, Financial Reporting Studio is an active enterprise in the KBO register.
- How many employees does Financial Reporting Studio have?
- Financial Reporting Studio had an average of 1.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Financial Reporting Studio fall under?
- In its 30-06-2023 annual accounts, Financial Reporting Studio states joint committee 336 (Liberal professions).
- What is the turnover of Financial Reporting Studio?
- The turnover in financial year 2025 is ≈ €310,000. This figure is estimated from the gross margin of €170,108 and 51 comparable companies (NACE 692). It probably lies between €230,000 and €390,000.
- Is Financial Reporting Studio profitable?
- In financial year 2025, Financial Reporting Studio made a profit of €70,456.
- Where can I find the annual accounts of Financial Reporting Studio?
- Financial Reporting Studio filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Financial Reporting Studio due?
- Financial Reporting Studio must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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