LeGrow.Studio
Open bankruptcyA bankruptcy procedure is open for LeGrow.Studio according to publications in the Belgian State Gazette; curator: VIRGINIE SALTEUR.
Summary
The file additionally contains 2 judicial reorganisations. The 2024 annual accounts show negative equity (€-537k) and a net result of €-657k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year €-537k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-09-2025, 42 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
42 d late
2023
7 d early
2022
17 d early
2021
22 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-537k
2023 · €83k
2021: €-23k
2022: €-23k
2023: €83k
2021 → 2024
Total assets
€777k▼ 23.9%
2023 · €1.02M
2021: €34k
2022: €32k
2023: €1.02M
2021 → 2024
Net result
€-657k▼ 144%
2023 · €-269k
2021: €-26k
2022: €-126
2023: €-269k
2021 → 2024
Working capital
€-766k▼ 170%
2023 · €-283k
2021: €-49k
2022: €-41k
2023: €-283k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€-23k-€-23k▼ 0.5%€83k€-537k
Operating result€-26k-€-26▲ 99.9%€-261k▼ 1,003,085%€-619k▼ 137%
Net result€-26k-€-126▲ 99.5%€-269k▼ 213,520%€-657k▼ 144%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €619k in 2024 against €261k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €777k
Fixed assets
€660k ▼ 15.9%
Current assets
€116k ▼ 50.8%
Key figures and ratios
EBITDA
€-533k▼
2023 · €-224k
Cash flow
€-572k▼
2023 · €-233k
Solvency
-69.2%▼
2023 · 8.1%
Current ratio
0.13▼
2023 · 0.45
Debt to equity
-2.44▼
2023 · 11.35
ROA
-84.6%▼
2023 · -26.4%
Interest coverage
-13.87▲
2023 · -26.77
Debt
€1.31M▲
2023 · €938k
Debt ≤ 1 year
€882k▲
2023 · €519k
Debt > 1 year
€432k▲
2023 · €419k
Staff costs
€30k▲
2023 · €13k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.02M€777k▼
Fixed assets21/28€785k€660k▼
Intangible fixed assets21€5k€11k▲
Tangible fixed assets22/27€722k€644k▼
Plant, machinery and equipment23€9k€3k▼
Furniture and vehicles24€3k€3k▼
Leasing and similar rights25€450k€401k▼
Other tangible fixed assets26€261k€236k▼
Financial fixed assets28€58k€6k▼
Current assets29/58€236k€116k▼
Amounts receivable within one year40/41€130k€68k▼
Trade receivables40€62k€41k▼
Other amounts receivable41€68k€27k▼
Cash at bank and in hand54/58€75k€7k▼
Deferred charges and accrued income490/1€31k€42k▲
Equity and liabilities
Total equity and liabilities10/49€1.02M€777k▼
Equity10/15€83k€-537k▼
Contributions10/11€378k€414k▲
Profit (loss) carried forward14€-295k€-952k▼
Amounts payable17/49€938k€1.31M▲
Amounts payable after more than one year17€419k€432k▲
Financial debts170/4€419k€432k▲
Amounts payable within one year42/48€519k€882k▲
Current portion of amounts payable after more than one year42€212k€396k▲
Financial debts43€3k€3k▲
Credit institutions430/8€3k€3k▲
Trade debts44€288k€446k▲
Suppliers440/4€288k€446k▲
Taxes, remuneration and social security45€8k€34k▲
Taxes450/3-€20k
Remuneration and social security454/9€8k€14k▲
Other amounts payable47/48€8k€2k▼
Income statement
Code20232024
Remuneration, social security and pensions62€13k€30k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€85k▲
Other operating charges640/8€32k€63k▲
Gross operating margin9900€-179k€-440k▼
Operating profit (loss)9901€-261k€-619k▼
Financial income75/76B€51€183▲
Recurring financial income75€51€183▲
Financial charges65/66B€8k€38k▲
Recurring financial charges65€8k€38k▲
Profit (loss) for the period before taxes9903€-269k€-657k▼
Profit (loss) for the period9904€-269k€-657k▼
Profit (loss) for the period to be appropriated9905€-269k€-657k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-295k€-952k▼
Profit (loss) brought forward from the previous period14P€-26k€-295k▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
08-05
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SC LEGROW.STUDIO RUE DE LA PRESSE 4, 1000 BRUXELLES · event 20-04-2026
2025
16-12
Judicial reorganisation
Extension
Tribunal de l’entreprise francophone de Bruxelles · collectif · event 09-12-2025
11-09
Judicial reorganisation
Opening
Tribunal de l’entreprise francophone de Bruxelles · collectif · event 25-08-2025
11-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 42 days late
2024
31-12
Financial
Weakest financial yearnet €-657k
Net result drops to €-657k, the lowest in the series.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Brussel · 3 establishment units since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Drukpersstraat 41000 BrusselGround area
8,778 m²
Building footprint
2,355 m²
Volume, LiDAR
36,278 m³
4 parcels, Brussels · tallest building 28.5 m, ±8 floors. Linked by address, not a title deed.
3 establishment units
Diamantlaan 43, 1030 Schaarbeek
since 20212.327.218.357
Adolphe Lavalléestraat 39, 1080 Sint-Jans-Molenbeek
since 20232.342.478.140
LeGrow.Studio
since 20232.350.152.028
4 parcels
Brussels
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21446F0030/00A000 | Brussels | 7,406 m² | 1 · 1,655 m² | 28.5 m · 6 fl. |
| 21012A0209/00W004 | Brussels | 1,144 m² | 1 · 509 m² | 9.9 m · 2 fl. |
| 21905C0072/00N000 | Brussels | 128 m² | 1 · 91 m² | 16.8 m · 5 fl. |
| 21803C0244/00A002 | Brussels | 100 m² | 1 · 99 m² | 23.6 m · 8 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 3
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | VIRGINIE SALTEUR AVENUE DU CENTENAIRE 120,
1400 NIVELLES |
20-04-2026 → present |
Similar companies · same sector, comparable size
GRID ANIMATION
BE 0841.674.938
Gent · Eq €83,062
STARTMOTION
BE 0655.858.075
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SEBAZPROD
BE 0871.346.743
Watermaal-Bosvoorde · Eq €83,935
ECHO STUDIO
BE 0771.598.673
Watermaal-Bosvoorde · Eq €81,212
SIMPLE SYMPHONY
BE 0744.992.959
Rixensart · Eq €80,797
Of 2,575 companies in sector 59113 we hold annual accounts for 703. 574 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formCooperative company
Founded07-05-2021
Fiscal year end31-12
Activities, NACEBEL 2025
59113Video and film production, excluding cinema and television films
74201Photography, excluding press photography
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.