Home Studyo
ActiveSummary
Home Studyo has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20,566 and a net result of -€8,693. Its solvency ranks better than 20% of 3505 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability13▼-55
Solvency35▼-8
Growth32
Track record82
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.03 against 1.23 in 2024; short-term debt: 88.7% and cash: 23.3% of total assets), and 89.6% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
10.4%
Return on assets
-4.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 3505 sector peers (2025).
NBB · sector comparisonPosition among 3505 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
28 d late
2024
12 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 8 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidy mirror How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€20,566▼ 29.7%
2024 · €29,260
Total assets
€196,960▲ 24.5%
2024 · €158,262
Net result
-€8,693
2024 · €19,260
Working capital
€5,262▼ 82.0%
2024 · €29,260
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20242025
Operating result€30,945--€1,480
Net result€19,260--€8,693
Equity€29,260-€20,566▼ 29.7%
Total assets€158,262-€196,960▲ 24.5%
Debt€129,002-€176,394▲ 36.7%
Working capital€29,260-€5,262▼ 82.0%
Staff (FTE)0.8
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €1,480 after €30,945 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €196,960
Fixed assets
€16,934
Current assets
€180,026
Equity and liabilities €196,960
Equity
€20,566 ▼ 29.7%
Debt
€176,394 ▲ 36.7%
Debt's share of the balance-sheet total rises from 81.5% to 89.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€1,224
Cash flow
-€8,437
Current ratio
1.03▼
2024 · 1.23
Quick ratio
0.72▼
2024 · 0.99
Debt to equity
8.58▲
2024 · 4.41
ROE
-42.3%▼
2024 · 65.8%
ROA
-4.4%▼
2024 · 12.2%
Interest coverage
-0.16
Debt ≤ 1 year
€174,764▲
2024 · €129,002
Income taxes
€0▼
2024 · €6,473
Staff costs
€44,065
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,270 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 93% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a small loss
3.6%
went bankrupt
2.0%
stopped otherwise
93%
still going
A further 1.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,270 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | - | €44,065 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €256 | - |
| Other operating charges640/8 | €6,280 | €144 | ▼ 97.7% |
| Gross operating margin9900 | €37,225 | €42,985 | ▲ 15.5% |
| Operating profit (loss)9901 | €30,945 | -€1,480 | ▼ 105% |
| Financial income75/76B | €0 | €584 | ▲ 291,665% |
| Recurring financial income75 | €0 | €584 | ▲ 291,665% |
| Financial charges65/66B | €5,212 | €7,797 | ▲ 49.6% |
| Recurring financial charges65 | €5,212 | €7,797 | ▲ 49.6% |
| Profit (loss) for the period before taxes9903 | €25,733 | -€8,693 | ▼ 134% |
| Income taxes67/77 | €6,473 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €19,260 | -€8,693 | ▼ 145% |
| Profit (loss) for the period to be appropriated9905 | €19,260 | -€8,693 | ▼ 145% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €158,262 | €196,960 | ▲ 24.5% |
| Fixed assets21/28 | - | €16,934 | - |
| Intangible fixed assets21 | - | €16,934 | - |
| Current assets29/58 | €158,262 | €180,026 | ▲ 13.8% |
| Stocks and contracts in progress3 | €30,550 | €54,138 | ▲ 77.2% |
| Stocks30/36 | €30,550 | €54,138 | ▲ 77.2% |
| Amounts receivable within one year40/41 | €37,570 | €80,035 | ▲ 113% |
| Trade receivables40 | €16,529 | €45,123 | ▲ 173% |
| Other amounts receivable41 | €21,041 | €34,913 | ▲ 65.9% |
| Cash at bank and in hand54/58 | €90,141 | €45,853 | ▼ 49.1% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €158,262 | €196,960 | ▲ 24.5% |
| Equity10/15 | €29,260 | €20,566 | ▼ 29.7% |
| Contributions10/11 | €10,000 | €10,000 | = |
| Reserves13 | €19,260 | €10,566 | ▼ 45.1% |
| Distributable reserves133 | €19,260 | €10,566 | ▼ 45.1% |
| Amounts payable17/49 | €129,002 | €176,394 | ▲ 36.7% |
| Amounts payable within one year42/48 | €129,002 | €174,764 | ▲ 35.5% |
| Trade debts44 | €72,102 | €27,713 | ▼ 61.6% |
| Suppliers440/4 | €72,102 | €27,713 | ▼ 61.6% |
| Taxes, remuneration and social security45 | €6,554 | €11,474 | ▲ 75.1% |
| Taxes450/3 | €6,554 | €6,523 | ▼ 0.5% |
| Remuneration and social security454/9 | - | €4,951 | - |
| Other amounts payable47/48 | €50,346 | €135,578 | ▲ 169% |
| Accrued charges and deferred income492/3 | - | €1,629 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €19,260 | -€8,693 | ▼ 145% |
| + Depreciation and write-downs630 | - | €256 | - |
| Operating cash flow (approximation) | €19,260 | -€8,437 | ▼ 144% |
| Change in cash | - | -€44,288 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
19-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2023
Ground area
129 m²
Building footprint
157 m²
Volume, LiDAR
1,744 m³
Parcel 44804D0187/52B002, Flanders · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Home Studyo
since 20232.350.680.083
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44804D0187/52B002 | Flanders | 129 m² | 1 · 157 m² | 14.2 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 9,000 EUR awarded · 9,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 9,000 EUR | 9,000 EUR |
Similar companies · same sector, comparable size
DLM
BE 0473.398.701
Elsene · Eq €20,506
DAVILOU BVBA
BE 0456.254.544
Namur · Eq €20,728
Juliette Handmade Cups
BE 0794.978.940
Zoersel · Eq €20,854
FB MODE
BE 0753.867.667
Nandrin · Eq €21,025
SCULPT AND SCAPE
BE 0732.857.071
Sint-Gillis (bij-Brussel) · Eq €20,092
Of 3,838 companies in sector 74111 we hold annual accounts for 1,005. 485 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-10-2023
Fiscal year end31-12
Activities, NACEBEL 2025
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
47120Other non-specialised retail sale
47770Retail sale of watches and jewellery
74120Graphic design and visual communication
E-invoicing
Reachable via Peppol
Peppol ID
0208:1001249935
Registered
21-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.