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LG Studio

Active
Private limited companyfounded 20232 yrs activeSleeckxlaan 24, 1030 Schaarbeek, BelgiumKBO/BCE: BE 1004.006.319
Summary

LG Studio has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€321,329) and a net result of -€168,089. Its solvency ranks better than 13% of 426 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Overview

Activity
Motion picture, video and television programme production, sound recording and music publishing activities
NACE 59114
1 site
Size
€1.5mtotal assets 2025
Staff
0.9 FTE
Equity
-€321,329
Loss
-€168,089
Financial health
53 Fair Checked score 2025
Bankruptcy chance 12 m
1.3%
Structure
Largest shareholder
KARABOUDJAN · 42.51%
Accounts on time0 of 1 deed read
Why 53Capped at 59: negative equity- Negative equity -€321,329- Loss of €168,089, the second in a row (FY 2025)+ Founded in 2023+ Size: 0.9 FTE, total assets €1.5mShow the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 11% of its sector peers (NACE 59, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 4-3
equity -21.2% of total assets
Liquidity 6-2
short-term debt 105.2% · cash 4.8%
Profitability 5+5
return on assets -11.1%
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,546 companies)
Last 15 months 08-2025: 1.3% 09-2025: 1.3%● 0.0% vs 08-2025 10-2025: 1.3%▼ -1.3% vs 09-2025 11-2025: 1.3%▼ -0.6% vs 10-2025lowest value 12-2025: 1.3%▲ +5.0% vs 11-2025 01-2026: 1.3%▼ -1.9% vs 12-2025 02-2026: 1.3%● 0.0% vs 01-2026 03-2026: 1.3%▼ -0.6% vs 02-2026 04-2026: 1.3%▲ +3.4% vs 03-2026 05-2026: 1.4%▲ +0.2% vs 04-2026 06-2026: 1.4%▲ +6.4% vs 05-2026 07-2026: 1.5%▲ +4.0% vs 06-2026highest value 08-2026: 1.3%▼ -14.3% vs 07-2026 09-2026: 1.3%▼ -0.5% vs 08-2026lowest value 10-2026: 1.3%● 0.0% vs 09-2026lowest value
  • Negative equity -€321,329 raises the probability
  • Founded in 2023 lowers the probability for this profile
  • Size: 0.9 FTE, total assets €1.5m lowers the probability for this profile
  • Loss of €168,089, the second in a row (FY 2025) raises the probability
No credit on open account
Liquidity short (current ratio 0.46 against 0.3 in 2024; short-term debt: 105.2% and cash: 4.8% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 59, micro). Better than this share of them on solvency 13%, liquidity 6%, profitability 18%, growth against the median 5%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Negative equity -€321,329
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 2023
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Size: 0.9 FTE, total assets €1.5m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Loss of €168,089, the second in a row (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2425
2024 to 2025 · latest year -€321,329
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 31-07-2026, 0 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
on the day
2024
24 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 12 days before the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 41% 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 months
Position in the running window
02-10-2026 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 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · full…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€321,329 View
  • Caution: Equity fell in 2025from -€153,240 to -€321,329 ▼ 110% View
  • Caution: Among the weakest 5% on equitysector median €72,978 · 427 companies -€321,329 View
  • Wallonia-Brussels supportpaid 2024 - 2025 €139,500 View

By topic

Financials

Fiscal year
2025
Total assets
€1.5m
Loss
-€168,089
Solvency
-21.2%
Total assets▲ 73.0%
Net result
20242025
Go to Financials

Timeline

Events
2
Since
2025
Next accounts
by 31-07-2027
  1. 31-07-2026Annual accounts filed
  2. 07-07-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Motion picture, video and television programme production, sound…NACE 59114
Founded
28-12-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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