Turnover
≈ €390,000 estimated
The micro format states no turnover.
FRONT SEAT STUDIO
Lifetime
2 annual accounts with figures on one time axispeak €212,443 (2025)
€212,443▲ 0.2%
peak €4,599 (2024)
€1,883▼ 59.1%
peak €16,482 (2025)
€16,482▲ 12.9%
€80,399▲ 6.3%
Board2 names since 2023
2 directorsFM RETAIL and 1 other
Documentsfilings and deeds
01-07-202630 days before the deadline
2025micro format
Result from €4,599 to €1,883Registered office moved within Antwerp 21-05Equity from €14,599 to €16,482Investments €11,052Cash from €5,182 to €10,253
Key points
from the 2025 annual accountsDebts
€80,399 83% of the balance sheet
Suppliers 41%Taxes and wages 46%Other 13%
Investments
€3,831 2.0 × depreciation
Green is investment, beige is depreciation. Machinery stands 33.9% higher than in 2024.
Staff
6 employees on 31-12-2025
In 2025, 4 people joined and 2 left.
Starting capital
€10,000 100 shares
Position in the sector
€212,443
Higher gross margin than 92% of companies in advertising and market research. Sector median €37,441 · 8,610 companies.
Checked score
67
Healthy
Financially stronger than 33% of micro companies in advertising and market research (NACE 73)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 11,230 companies (NACE 73, micro).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.3%
01-2025: 1.5%▲ +0.2 percentage points vs 12-2024
02-2025: 1.5%● unchanged vs 01-2025
03-2025: 1.5%● unchanged vs 02-2025
04-2025: 1.5%● unchanged vs 03-2025
05-2025: 1.5%● unchanged vs 04-2025
06-2025: 1.8%▲ +0.3 percentage points vs 05-2025highest value
07-2025: 1.8%● unchanged vs 06-2025highest value
08-2025: 1.6%▼ -0.2 percentage points vs 07-2025
09-2025: 1.6%● unchanged vs 08-2025
10-2025: 1.6%● unchanged vs 09-2025
11-2025: 1.5%▼ -0.1 percentage points vs 10-2025
12-2025: 1.5%● unchanged vs 11-2025
01-2026: 1.5%● unchanged vs 12-2025
02-2026: 1.5%● unchanged vs 01-2026
03-2026: 1.5%● unchanged vs 02-2026
04-2026: 1.6%▲ +0.1 percentage points vs 03-2026
05-2026: 1.8%▲ +0.2 percentage points vs 04-2026
06-2026: 1.7%▼ -0.1 percentage points vs 05-2026
07-2026: 1.7%● unchanged vs 06-2026
08-2026: 1.1%▼ -0.6 percentage points vs 07-2026
09-2026: 1.1%● unchanged vs 08-2026
10-2026: 0.8%▼ -0.3 percentage points vs 09-2026lowest value
11-2026: 0.8%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Founded in 2023
1 change of registered office in 24 months
lowers risk
Sector: Advertising, market research and public relations activities (NACE 73)
Figures for financial year 2025 (filed on 01-07-2026)
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 73, micro). It does better than 24% of them on solvency, 10% on liquidity, 32% on profitability and 64% on growth.
The bankruptcy probability was computed on 09-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 2,542 companies had the same profile as FRONT SEAT STUDIO has now. Each dot stands for 7 companies, two years later.
95.0%
were still trading
1.2%
stopped another way
3.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of FRONT SEAT STUDIO itself: 0.8% 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 2,542 companies, not a prediction for FRONT SEAT 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 €1,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.02 (1.12 in 2024), below the usual 1.5. Short-term debt is 83% and cash 10.6% of total assets. 83% 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
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 8614 sector peers (2025).
NBB · sector comparisonPosition among 8614 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
30 days early
2024
26 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 28 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Caren Ceulemans 50 sharesdeed of 03-02-2023
- Laura Heylen 50 sharesdeed of 03-02-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0797896858
Registered office moved within Antwerp
New registered office: Frankrijklei 93, 2000 Antwerpen · Previous registered office: Louizastraat 28, 2000 Antwerpen · Permanent representative: Iris Carsau · General meeting of 26-03-2025 · Gazette deed
Incorporation
Founding capital of €10,000, 100 shares · Founders: Caren Ceulemans and Laura Heylen · Appointments: FM Retail (director) and Laura Heylen (director) · published on 03-02-2023 · Gazette deed
First establishment
Frankrijklei 93, Antwerp
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FRONT SEAT STUDIO Antwerp | €96,881 | €212,443 | 17.0% | - |
| Sellent Antwerp | €111,147 | €282,655 | -197.4% | 5.8 |
| Ovide Belgium BV Antwerp | €124,568 | €182,028 | 1.0% | 2.8 |
| LiTech Consulting Leuven | €115,694 | €184,161 | 44.8% | - |
| Aber & co Deinze | €135,993 | €158,066 | 52.1% | - |
| HVV Lasne | €66,154 | €181,255 | 4.5% | - |
| The Green Life Challenge Company Uccle | €122,819 | €142,402 | 1.6% | - |
These companies have the same main activity as FRONT SEAT STUDIO: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €66,200 and €136,000, founded between 2021 and 2023.
Official details
Source: KBO- Status
- Active since 01-02-2023Normal situation
- Activity
- Public relations and communication consultancyNACE 73300and 1 other
- Establishment unit
- 2.341.723.6192000 Antwerp, since 01-02-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 23-05-2025
Annual accounts 2025
- €96,881▲ 7.4%
- Employeeson 31-12-2025
- 6▲ 50.0%
- Filing
- Filed on 01-07-2026, 30 days before the end of the filing period
Insights on FRONT SEAT STUDIO
FRONT SEAT STUDIO has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16,482 and a net result of €1,883.
Its solvency ranks better than 23% of 8,614 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
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 FRONT SEAT STUDIO
- What is the company number of FRONT SEAT STUDIO?
- The company number of FRONT SEAT STUDIO is 0797.896.858. The VAT number is the same number with BE in front: BE 0797.896.858.
- Where is FRONT SEAT STUDIO based?
- The registered office is at Frankrijklei 93, 2000 Antwerp.Company details
- What does FRONT SEAT STUDIO do?
- According to the KBO register, the main activity is public relations and communication consultancy (NACE 73300).
- What is the legal form of FRONT SEAT STUDIO?
- FRONT SEAT STUDIO is a private limited company (BV).
- When was FRONT SEAT STUDIO founded?
- FRONT SEAT STUDIO was founded on 01-02-2023.
- Is FRONT SEAT STUDIO still active?
- Yes, FRONT SEAT STUDIO is an active enterprise in the KBO register.
- How many employees does FRONT SEAT STUDIO have?
- FRONT SEAT STUDIO had an average of 4.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of FRONT SEAT STUDIO?
- The turnover in financial year 2025 is ≈ €390,000. This figure is estimated from the gross margin of €212,443 and 38 comparable companies (NACE 73). It probably lies between €300,000 and €780,000.
- Is FRONT SEAT STUDIO profitable?
- In financial year 2025, FRONT SEAT STUDIO made a profit of €1,883.
- Where can I find the annual accounts of FRONT SEAT STUDIO?
- FRONT SEAT STUDIO filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FRONT SEAT STUDIO due?
- FRONT SEAT STUDIO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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