Turnover
≈ €50,000 estimated
The micro format states no turnover.
GR Studio
Lifetime
8 annual accounts with figures on one time axispeak €19,188 (2020)
€8,007▼ 38.5%
lowest -€7,345 (2025)
-€7,345▼ €8,245
peak €38,230 (2024)
€30,885▼ 19.2%
€136,699▲ 4.5%
Board2 names since 2017
2 directors and 1 other
Documentsfilings and deeds
31-07-2026on the last day
2025micro format
Gross margin from €13,028 to €8,007Loss of €7,345Equity from €38,230 to €30,885Investments €14,415Cash from €8,837 to €2,108
Key points
from the 2025 annual accountsDebts
€136,699 82% of the balance sheet
Financial debts 83%Suppliers 3%Taxes and wages 2%Other 13%
Of this, €23,799 falls due within a year.
Investments
€14,415 2.4 × depreciation
Green is investment, beige is depreciation.
Liquidity
0.56 was 1.68 in 2024
Short-term debts rose from €13,708 to €23,799.
Filings
8 annual accounts 2 late
The 2022 accounts came latest: 31 days after the end of the period.
Position in the sector
-€7,345
Lower net result than 84% of companies in other professional activities. Sector median €9,105 · 4,555 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,548 companies had the same profile as GR Studio has now. Each dot stands for 4 companies, two years later.
91.3%
were still trading
3.9%
stopped another way
4.3%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 1,548 companies, not a prediction for GR 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
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Signals
Board and ownership
Director, since 11-04-2017
Manager, since 11-04-2017
- 99 sharesdeed of 13-04-2017
- 1 sharedeed of 13-04-2017
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0674424964
Registered office moved from Blegny to Xhendelesse
New registered office: Route des Xhawirs 74 à 4652 Xhendelesse · Previous registered office: Vieille Voie 28 à 4670 BLEGNY · General meeting of 17-06-2024 · Gazette deed
Resignation: (manager)
Reappointment: (director) · “La diffusion d'image d'une société; L'organisation de stage,de formation,de cours,d'un ou de plusieurs jours…” (deed in French) · Founding capital of €18,600, 100 shares · General meeting of 28-04-2023 · Gazette deed
Registered office moved from Visé to Mortier
New registered office: Rue Vieille Voie n° 28 à 4670 Mortier · Previous registered office: RUE DU COLLEGE 6/1 à 4600 VISE · General meeting of 20-10-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GR Studio Herve | €167,584 | €8,007 | 18.4% | - |
| ASTAMAIS Ghent | €146,764 | €10,341 | 31.8% | - |
| ATELIER CLAAR Leuven | €109,234 | €7,668 | 72.1% | - |
| Unicode Hasselt | €162,751 | €11,004 | 76.5% | - |
| EDAL SOLUTIONS Koksijde | €266,705 | €8,651 | 39.5% | - |
| AUTHORITY Oudenaarde | €187,461 | €9,955 | -129.3% | 0 |
| Ben Urbain Ghent | €114,090 | €9,319 | 65.8% | - |
These companies have the same main activity as GR Studio: graphic design and visual communication (NACE 74120). They are comparable in size and age: total assets between €109,000 and €267,000, founded between 2012 and 2019.
Official details
Source: KBO- Status
- Active since 11-04-2017Normal situation
- Activity
- Graphic design and visual communicationNACE 74120and 5 others
- Establishment unit
- 2.263.439.2734652 Herve, since 11-04-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 29-11-2025
Annual accounts 2025
- €167,584▼ 0.9%
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on GR Studio
GR Studio files the micro format. That format states no turnover. The gross margin fell from €8,396 in 2018 to €8,007 in 2025.
The balance sheet grew most in 2023 through fixed assets.
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 GR Studio
- What is the company number of GR Studio?
- The company number of GR Studio is 0674.424.964. The VAT number is the same number with BE in front: BE 0674.424.964.
- Where is GR Studio based?
- The registered office is at Route des Xhawirs 74, 4652 Herve.Company details
- What does GR Studio do?
- According to the KBO register, the main activity is graphic design and visual communication (NACE 74120).
- What is the legal form of GR Studio?
- GR Studio is a private limited company (pre-2019) (BVBA).
- When was GR Studio founded?
- GR Studio was founded on 11-04-2017.
- Is GR Studio still active?
- Yes, GR Studio is an active enterprise in the KBO register.
- What is the turnover of GR Studio?
- The turnover in financial year 2025 is ≈ €50,000. This figure is estimated from the gross margin of €8,007 and 41 comparable companies (NACE 74). It probably lies between €25,000 and €91,000. It is a rough estimate.Financials
- Is GR Studio profitable?
- In financial year 2025, GR Studio made a loss of €7,345.
- Where can I find the annual accounts of GR Studio?
- GR Studio filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GR Studio due?
- GR Studio must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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