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iStudio

Active
Private limited companyfounded 201610 yrs activeWemmelsestraat 55, 1853 Grimbergen, BelgiumKBO/BCE: BE 0662.669.356
Summary

iStudio has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36,020 and a net result of €3,420. Equity is growing by ~9.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.4% (low).

Overview

What they do
Activity not known
How big
€103,841total assets 2025
Equity
€36,020
Profit
€3,420
Turnover not published (abridged schema)
Financially healthy?
61 Healthy Checked score 2025
Bankruptcy chance 12 m
1.4%
Who decides
Accounts 44 d early0 of 2 deeds read
Why 61- No NACE activity registered- Annual accounts: weaker financial profileLatest accounts filed on timeShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability73▲+9
Solvency60▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity short (current ratio 0.0 against 0.0 in 2024; short-term debt: 9.4% and cash: 0% of total assets), and 65.3% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 2025
Solvency, return and age of the figures
Solvency
34.7%
Return on assets
3.3%
Age of the figures
9 mo
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 17-06-2026, 44 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
44 d early
2024
71 d early
2023
44 d early
2022
34 d early
2021
61 d early
2020
66 d early
2019
52 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 53 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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. Usually files around 17 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Financials

Fiscal year 2025Total assets €103,841Profit €3,420Solvency 34.7%Liquidity 0.00
Total assets
€103,841▼ 4.0%
2018 - 2025
Net result
€3,420▲ 144%
2018 - 2025
Equity
€36,020▲ 10.5%
2018 - 2025
Solvency
34.7%▲ 4.6pp
2018 - 2025

Financials · fiscal year 2025, micro schema

Trend over the years8 fiscal years
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€2,993▲ 11.0%€5,588▲ 86.7%€7,893▲ 41.2%€5,609▼ 28.9%€6,022▲ 7.4%
Net result€488▲ 2,950%€3,303▲ 577%€5,621▲ 70.2%€1,400▼ 75.1%€3,420▲ 144%
Equity€22,275▲ 2.2%€25,579▲ 14.8%€31,200▲ 22.0%€32,600▲ 4.5%€36,020▲ 10.5%
Total assets€117,805▼ 6.1%€114,393▼ 2.9%€112,372▼ 1.8%€108,185▼ 3.7%€103,841▼ 4.0%
Debt€95,530▼ 7.9%€88,814▼ 7.0%€81,172▼ 8.6%€75,585▼ 6.9%€67,821▼ 10.3%
Working capital-€4,656▼ 74.1%-€8,297▼ 78.2%-€9,047▼ 9.0%-€8,093▲ 10.5%-€9,760▼ 20.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet2025
Result per fiscal year
Operating resultNet result
€0€2,000€4,000€6,000€8,000Operating result 2021: €2,993€2,993Net result 2021: €488€488Operating result 2022: €5,588€5,588Net result 2022: €3,303€3,303Operating result 2023: €7,893€7,893Net result 2023: €5,621€5,621Operating result 2024: €5,609€5,609Net result 2024: €1,400€1,400Operating result 2025: €6,022€6,022Net result 2025: €3,420€3,42020212022202320242025€0€2,000€4,000€6,000€8,000Operating result 2023: €7,893€7,890Net result 2023: €5,621€5,620Operating result 2024: €5,609€5,610Net result 2024: €1,400€1,400Operating result 2025: €6,022€6,020Net result 2025: €3,420€3,420202320242025
The operating result recovers in 2025; 2025 is 7% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €103,841
Fixed assets €103,798 ▼ 3.2%
Current assets €43 ▲ 207%
Equity and liabilities €103,841
Equity €36,020 ▲ 10.5%
Debt €67,821 ▼ 10.3%
Debt's share of the balance-sheet total falls from 69.9% to 65.3%. Equity is higher and debt is lower.
Key figures and ratios2025
Key figures and ratios
2025 value · change against 2024
EBITDA
€10,395▲
2024 · €9,385
Cash flow
€7,793▲
2024 · €5,176
Current ratio
0.00▲
2024 · 0.00
Debt to equity
1.88▼
2024 · 2.32
ROE
9.5%▲
2024 · 4.3%
ROA
3.3%▲
2024 · 1.3%
Interest coverage
6.65▲
2024 · 5.23
Debt ≤ 1 year
€9,803▲
2024 · €8,107
Debt > 1 year
€53,468▼
2024 · €63,228
Income taxes
€1,040▼
2024 · €2,416
Staff costs
€400▲
2024 · €387
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 10,905 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.7% went bankrupt
4.0% stopped otherwise
95% still going

For this company itself Checked computes a higher bankruptcy probability: 1.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

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 10,905 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.

Filed annual accountsfiscal year 2025
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet Code20242025
Assets
Total assets20/58€108,185€103,841▼
Formation expenses20€898-
Fixed assets21/28€107,273€103,798▼
Tangible fixed assets22/27€107,273€103,798▼
Land and buildings22€104,468€102,395▼
Plant, machinery and equipment23€126€63▼
Furniture and vehicles24€2,679€1,340▼
Current assets29/58€14€43▲
Cash at bank and in hand54/58€14€43▲
Equity and liabilities
Total equity and liabilities10/49€108,185€103,841▼
Equity10/15€32,600€36,020▲
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14€14,000€17,420▲
Amounts payable17/49€75,585€67,821▼
Amounts payable after more than one year17€63,228€53,468▼
Financial debts170/4€63,228€53,468▼
Amounts payable within one year42/48€8,107€9,803▲
Current portion of amounts payable after more than one year42€7,079€8,400▲
Trade debts44€237€612▲
Suppliers440/4€237€612▲
Other amounts payable47/48€791€791=
Accrued charges and deferred income492/3€4,250€4,550▲
Income statement Code20242025
Remuneration, social security and pensions62€387€400▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,776€4,373▲
Gross operating margin9900€9,772€10,795▲
Operating profit (loss)9901€5,609€6,022▲
Financial charges65/66B€1,793€1,562▼
Recurring financial charges65€1,793€1,562▼
Profit (loss) for the period before taxes9903€3,816€4,460▲
Income taxes67/77€2,416€1,040▼
Profit (loss) for the period9904€1,400€3,420▲
Profit (loss) for the period to be appropriated9905€1,400€3,420▲
Appropriation of the result
Profit (loss) to be appropriated9906€14,000€17,420▲
Profit (loss) brought forward from the previous period14P€12,600€14,000▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€348€348€385€387€400▲ 3.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,142€3,476€3,775€3,776€4,373▲ 15.8%
Gross operating margin9900€10,483€9,412€12,053€9,772€10,795▲ 10.5%
Operating profit (loss)9901€2,993€5,588€7,893€5,609€6,022▲ 7.4%
Financial charges65/66B€2,505€2,285€2,142€1,793€1,562▼ 12.9%
Recurring financial charges65€2,505€2,285€2,142€1,793€1,562▼ 12.9%
Profit (loss) for the period before taxes9903€488€3,303€5,751€3,816€4,460▲ 16.9%
Income taxes67/77--€130€2,416€1,040▼ 57.0%
Profit (loss) for the period9904€488€3,303€5,621€1,400€3,420▲ 144%
Profit (loss) for the period to be appropriated9905€488€3,303€5,621€1,400€3,420▲ 144%
Line20212022202320242025Change
Assets
Total assets20/58€117,805€114,393€112,372€108,185€103,841▼ 4.0%
Formation expenses20--€1,197€898--
Fixed assets21/28€117,701€114,226€110,749€107,273€103,798▼ 3.2%
Tangible fixed assets22/27€117,701€114,226€110,749€107,273€103,798▼ 3.2%
Land and buildings22€110,687€108,614€106,541€104,468€102,395▼ 2.0%
Plant, machinery and equipment23€316€253€189€126€63▼ 50.0%
Furniture and vehicles24€6,698€5,359€4,019€2,679€1,340▼ 50.0%
Current assets29/58€104€167€426€14€43▲ 207%
Amounts receivable within one year40/41€2-----
Other amounts receivable41€2-----
Cash at bank and in hand54/58€102€167€426€14€43▲ 207%
Equity and liabilities
Total equity and liabilities10/49€117,805€114,393€112,372€108,185€103,841▼ 4.0%
Equity10/15€22,275€25,579€31,200€32,600€36,020▲ 10.5%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Capital10€18,600€18,600€18,600---
Issued capital100€18,600€18,600€18,600---
Profit (loss) carried forward14€3,675€6,979€12,600€14,000€17,420▲ 24.4%
Amounts payable17/49€95,530€88,814€81,172€75,585€67,821▼ 10.3%
Amounts payable after more than one year17€90,120€78,700€70,699€63,228€53,468▼ 15.4%
Financial debts170/4€90,120€78,700€70,699€63,228€53,468▼ 15.4%
Amounts payable within one year42/48€4,760€8,464€9,473€8,107€9,803▲ 20.9%
Current portion of amounts payable after more than one year42€3,969€7,673€8,642€7,079€8,400▲ 18.7%
Trade debts44--€40€237€612▲ 158%
Suppliers440/4--€40€237€612▲ 158%
Other amounts payable47/48€791€791€791€791€791=
Accrued charges and deferred income492/3€650€1,650€1,000€4,250€4,550▲ 7.1%
Line20212022202320242025Change
Profit (loss) for the period9904€488€3,303€5,621€1,400€3,420▲ 144%
+ Depreciation and write-downs630€7,142€3,476€3,775€3,776€4,373▲ 15.8%
Operating cash flow (approximation)€7,630€6,779€9,396€5,176€7,793▲ 50.6%
Investment in fixed assets (approximation)--€1-€298-€300-€898▼ 199%
Change in cash-€65€259-€412€29▲ 107%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline

12 eventsLatest 17-06-2026Next filing 31-07-2027

History

IStudio was incorporated on 16 September 2016.1 Total assets fell from €140,263 in 2018 to €103,841 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
17-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
21-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
17-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2018net €5,621 ▲70.2%
Operating result €7,893, net result €5,621, both a record.
27-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
26-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Back to profitnet €16
Net result €16 after one loss-making year.
09-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Weakest financial yearnet -€2,085
Net result drops to -€2,085, the lowest in the series; recovery starts the following year.
11-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
30-05
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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.

Company details

Private limited company · founded 16-09-2016Year ends 31-12Peppol not found

Register details

Identification
Legal formPrivate limited company
Founded16-09-2016
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Grimbergen
exact location from the address register On OpenStreetMap
Ground area
1,069 m²
Building footprint
617 m²
Volume, LiDAR
1,602 m³
Parcel 23084A0435/00M000, Flanders · tallest building 15.4 m. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23084A0435/00M000 Flanders 1,069 m² 1 · 617 m² 15.4 m
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.

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