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Leerstudio

Active
Non-profit associationfounded 20187 yrs activeRegentiestraat 27, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0711.817.969
Summary

Leerstudio has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35,242 and a net result of -€517. Equity is growing by ~17.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability34▼-66
Solvency100=
Growth35=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity ample (current ratio 8.05 against 8.15 in 2024; short-term debt: 12.4% and cash: 100% of total assets), and 12.4% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
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
87.6%
Return on assets
-1.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-09-2026, 53 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 · 6 filings
Deviation from the deadline
2025
53 d late
2024
9 d early
2023
279 d late
2022
645 d late
2021
1010 d late
2020
1375 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 559 days after 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 6 May (4 of the last 5 filed years within 365 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 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

History

Leerstudio was incorporated on 17 October 2018.1 Revenue fell from EUR 225,490 in 2020 to EUR 83,324 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2025

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Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Turnover
€83,324▼ 23.6%
2024 · €108,997
EBIT margin
-0.6%▼ 9.9pp
2024 · 9.3%
Net result
-€517
2024 · €10,136
Working capital
€35,242▼ 1.4%
2024 · €35,759
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
Line20212022202320242025
Turnover€112,073▼ 50.3%€132,177▲ 17.9%€89,454▼ 32.3%€108,997▲ 21.8%€83,324▼ 23.6%
Operating result-€16,728-€9,766▲ 41.6%€22,770€10,136▼ 55.5%-€517
Net result-€16,728-€9,766▲ 41.6%€22,770€10,136▼ 55.5%-€517
EBIT margin-14.9%▼ 31.1pp-7.4%▲ 7.5pp25.5%▲ 32.8pp9.3%▼ 16.2pp-0.6%▼ 9.9pp
Equity€12,619▼ 57.0%€2,854▼ 77.4%€25,623▲ 798%€35,759▲ 39.6%€35,242▼ 1.4%
Total assets€40,119▼ 45.5%€35,354▼ 11.9%€52,323▲ 48.0%€40,759▼ 22.1%€40,242▼ 1.3%
Debt€27,500▼ 37.8%€32,500▲ 18.2%€26,700▼ 17.8%€5,000▼ 81.3%€5,000=
Working capital€12,619▼ 57.0%€2,854▼ 77.4%€25,623▲ 798%€35,759▲ 39.6%€35,242▼ 1.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000€20,000Operating result 2021: -€16,728-€16,728Net result 2021: -€16,728-€16,728Operating result 2022: -€9,766-€9,766Net result 2022: -€9,766-€9,766Operating result 2023: €22,770€22,770Net result 2023: €22,770€22,770Operating result 2024: €10,136€10,136Net result 2024: €10,136€10,136Operating result 2025: -€517-€517Net result 2025: -€517-€51720212022202320242025-€10,000€0€10,000€20,000Operating result 2023: €22,770€22,800Net result 2023: €22,770€22,800Operating result 2024: €10,136€10,100Net result 2024: €10,136€10,100Operating result 2025: -€517-€517Net result 2025: -€517-€517202320242025
The operating result turns negative in 2025: a loss of €517 after €10,136 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €40,242
Equity €35,242 ▼ 1.4%
Debt €5,000 =
Debt's share of the balance-sheet total rises from 12.3% to 12.4%. Equity is lower.
Key figures and ratios
2025 value · change against 2024
Current ratio
8.05▼
2024 · 8.15
Debt to equity
0.14▲
2024 · 0.14
ROE
-1.5%▼
2024 · 28.3%
ROA
-1.3%▼
2024 · 24.9%
Debt ≤ 1 year
€5,000=
2024 · €5,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,442 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a small loss
2.1% went bankrupt
7.3% stopped otherwise
90% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.7%
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 75% 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 3,442 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 18 lines
Balance sheet Code20242025
Assets
Total assets20/58€40,759€40,242▼
Current assets29/58€40,759€40,242▼
Cash at bank and in hand54/58€40,759€40,242▼
Equity and liabilities
Total equity and liabilities10/49€40,759€40,242▼
Equity10/15€35,759€35,242▼
Contributions10/11€25,623€35,759▲
Capital10€25,623€35,759▲
Profit (loss) carried forward14€10,136-€517▼
Amounts payable17/49€5,000€5,000=
Amounts payable within one year42/48€5,000€5,000=
Income statement Code20242025
Turnover70€108,997€83,324▼
Goods, raw materials, services and sundry goods60/61€98,862€83,841▼
Gross operating margin9900€10,136-€517▼
Operating profit (loss)9901€10,136-€517▼
Profit (loss) for the period before taxes9903€10,136-€517▼
Profit (loss) for the period9904€10,136-€517▼
Profit (loss) for the period to be appropriated9905€10,136-€517▼
Appropriation of the result
Profit (loss) to be appropriated9906€10,136-€517▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Turnover70€112,073€132,177€89,454€108,997€83,324▼ 23.6%
Goods, raw materials, services and sundry goods60/61€128,801€141,942€66,685€98,862€83,841▼ 15.2%
Gross operating margin9900-€16,728-€9,766€22,770€10,136-€517▼ 105%
Operating profit (loss)9901-€16,728-€9,766€22,770€10,136-€517▼ 105%
Profit (loss) for the period before taxes9903-€16,728-€9,766€22,770€10,136-€517▼ 105%
Profit (loss) for the period9904-€16,728-€9,766€22,770€10,136-€517▼ 105%
Profit (loss) for the period to be appropriated9905-€16,728-€9,766€22,770€10,136-€517▼ 105%
Line20212022202320242025Change
Assets
Total assets20/58€40,119€35,354€52,323€40,759€40,242▼ 1.3%
Current assets29/58€40,119€35,354€52,323€40,759€40,242▼ 1.3%
Cash at bank and in hand54/58€40,119€35,354€52,323€40,759€40,242▼ 1.3%
Equity and liabilities
Total equity and liabilities10/49€40,119€35,354€52,323€40,759€40,242▼ 1.3%
Equity10/15€12,619€2,854€25,623€35,759€35,242▼ 1.4%
Contributions10/11€29,347€12,619€2,854€25,623€35,759▲ 39.6%
Capital10€29,347€12,619€2,854€25,623€35,759▲ 39.6%
Profit (loss) carried forward14-€16,728-€9,766€22,770€10,136-€517▼ 105%
Amounts payable17/49€27,500€32,500€26,700€5,000€5,000=
Amounts payable within one year42/48€27,500€32,500€26,700€5,000€5,000=
Trade debts44--€21,700---
Suppliers440/4--€21,700---
Line20212022202320242025Change
Profit (loss) for the period9904-€16,728-€9,766€22,770€10,136-€517▼ 105%
Operating cash flow (approximation)-€16,728-€9,766€22,770€10,136-€517▼ 105%
Change in cash--€4,766€16,970-€11,564-€517▲ 95.5%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
22-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 53 days late
2025
22-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
06-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 279 days late
06-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 645 days late
06-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 1010 days late
06-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 1375 days late
2024
31-12
Financial Liquidity quadruplescurrent ratio 8.15
Current ratio from 1.96 to 8.15; short-term debt falls from €26,700 to €5,000.
2023
31-12
Financial Back to profitnet €22,770
Net result €22,770 after 2 loss-making years.
2021
31-12
Financial Weakest financial yearnet -€16,728
Net result drops to -€16,728, the lowest in the series; recovery starts the following year.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 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, Sint-Niklaas
exact location from the address register On OpenStreetMap
Ground area
134 m²
Building footprint
87 m²
Volume, LiDAR
777 m³
Parcel 46443E0360/00G007, Flanders · tallest building 13.8 m, ±3 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46443E0360/00G007 Flanders 134 m² 1 · 87 m² 13.8 m · 3 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.

Identification & contact

Identification
Legal formNon-profit association
Founded17-10-2018
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0711817969
Registered 10-12-2025

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

Register as of 28 September 2026 · Peppol Directory

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