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HDE Studio

Active
Private limited companyfounded 2021active for 5 yearsHopland 44, 2000 Antwerpen, BelgiumKBO/BCE: BE 0769.347.184
Summary

The annual accounts of HDE Studio for financial year 2024 show a net loss of 110% of total assets and of 65% of the equity at the start of that year. The 2024 annual accounts show equity of €7,756 and a net result of -€14,480. Equity is shrinking by about 15% per year across the filed financial years. Its solvency ranks better than 75% of 4,259 sector peers (NACE 74, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Design of textile patterns, clothing, jewellery, furniture and decorative items
NACE 74111
1 site
Size
€13,155total assets 2024
Equity
€7,756
Loss
-€14,480
Turnover not published (micro format)
Financial health
58 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Accounts 76 days overdue0 of 1 deed read
Why 58raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLatest accounts 71 days late; 2 of the last 3 lateSize: total assets €25,430lowers riskSector: Other professional, scientific and technical activities (NACE 74)Liquidity: current ratio 3.86, cash €7,024Show the evidence

Checked score

Score 2024
58 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 81% of its sector peers (NACE 74, micro)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Average
Solvency 84+15
equity 59.0% of total assets
Liquidity 76+26
short-term debt 41.0% · cash 36.3%
Profitability 0-81
return on assets -110.1%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (5,409 companies, NACE 74, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.1%▼ -0.1 percentage points vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.2%▲ +0.1 percentage points vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.2 percentage points vs 07-2025 09-2025: 0.5%▲ +0.1 percentage points vs 08-2025 10-2025: 0.3%▼ -0.2 percentage points vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026 09-2026: 0.7%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 0.3%▼ -0.4 percentage points vs 09-2026
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.94, compared with 1.5 in 2023, above the usual 1.5; short-term debt: 41% and cash: 36.3% of total assets), and 41% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 74, micro): better than 76% on solvency, 66% on liquidity, 88% on profitability and 92% on growth.

The bankruptcy probability was computed on 14-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Latest accounts 71 days late; 2 of the last 3 late
NBB · filings
lowers risk · Sector: Other professional, scientific and technical activities (NACE 74)
KBO
raises risk · Size: total assets €25,430
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 3.86, cash €7,024
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 76 days later.
NBB · 3 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline15-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filings
Deviation from the deadline
2025
not filed
2024
60 days late
2023
23 days late
2022
3 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 27 days after the deadline; the sector median (NACE 74) for financial year 2024 is 3 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Weakest financial yearnet -€14,480
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 76 days late View
  • Total assets 20243 financial years filed €13,155 View
  • Active since 2021founded 04-06-2021 5 years View

By topic

Financials

Financial year
2024
Total assets
€13,155
Loss
-€14,480
Solvency
59.0%
Total assets▼ 74.0%
Net result
20222024
Go to Financials

Timeline

Events
5
Since
2023
  1. 31-12-2023Highest result from 2022 to 2024
  2. 28-07-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Design of textile patterns, clothing, jewellery, furniture and…NACE 74111
Founded
04-06-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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