LYTE-STUDIOS
ActiveSummary
LYTE-STUDIOS has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11,838 and a net result of -€4,049. Equity is shrinking by about 2.5% per year across the filed financial years. Its solvency ranks better than 44% of 21,074 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Equity
- €11,838
- Loss
- -€4,049
- Board
- 4 members
Why 84raises risk1 change of registered office in 24 monthslowers riskSector: Computer programming, consultancy and related activities (NACE 62)Size: total assets €22,163Liquidity: current ratio 1.17, cash €4,228, halvedShow the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro): better than 46% on solvency, 31% on liquidity, 17% on profitability and 22% on growth.
The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 3 accounts on average 89 days before the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Registered officeRegistered-office move · Power of…
- Weakest financial yearnet -€4,049
Financials · financial year 2025, micro format
2023 to 2025, 3 financial years
The operating result turns negative in 2025: a loss of €3,288 after €6,795 in 2024, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 3,225 companies that looked in July 2024 the way this one looks now, 3.3% went bankrupt within 24 months and 87.7% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 0.3% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 0.9% |
| 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 74.5% 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 3,225 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.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €698 | €4,988 | €6,149 | ▲ 23.3% |
| Other operating charges640/8 | - | €1,783 | €276 | ▼ 84.5% |
| Gross operating margin9900 | €18,801 | €13,565 | €3,136 | ▼ 76.9% |
| Operating profit (loss)9901 | €18,103 | €6,795 | -€3,288 | - |
| Financial income75/76B | €0 | €22 | - | - |
| Recurring financial income75 | €0 | €22 | - | - |
| Financial charges65/66B | €29 | €294 | €761 | ▲ 159% |
| Recurring financial charges65 | €29 | €294 | €761 | ▲ 159% |
| Profit (loss) for the period before taxes9903 | €18,074 | €6,523 | -€4,049 | - |
| Income taxes67/77 | €3,512 | €1,432 | - | - |
| Profit (loss) for the period9904 | €14,563 | €5,091 | -€4,049 | - |
| Profit (loss) for the period to be appropriated9905 | €14,563 | €5,091 | -€4,049 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €20,729 | €32,326 | €22,163 | ▼ 31.4% |
| Fixed assets21/28 | €12,087 | €14,662 | €10,066 | ▼ 31.3% |
| Tangible fixed assets22/27 | €9,102 | €11,677 | €7,081 | ▼ 39.4% |
| Furniture and vehicles24 | €9,102 | €11,677 | €7,081 | ▼ 39.4% |
| Financial fixed assets28 | €2,985 | €2,985 | €2,985 | = |
| Current assets29/58 | €8,643 | €17,664 | €12,097 | ▼ 31.5% |
| Amounts receivable within one year40/41 | €449 | €6,055 | €6,645 | ▲ 9.7% |
| Trade receivables40 | - | €4,085 | €6,645 | ▲ 62.7% |
| Other amounts receivable41 | €449 | €1,970 | - | - |
| Cash at bank and in hand54/58 | €7,192 | €10,397 | €4,228 | ▼ 59.3% |
| Deferred charges and accrued income490/1 | €1,002 | €1,212 | €1,223 | ▲ 0.9% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €20,729 | €32,326 | €22,163 | ▼ 31.4% |
| Equity10/15 | €12,463 | €15,888 | €11,838 | ▼ 25.5% |
| Contributions10/11 | €300 | €300 | €300 | = |
| Reserves13 | €12,163 | €15,588 | €15,588 | = |
| Distributable reserves133 | €12,163 | €15,588 | €15,588 | = |
| Profit (loss) carried forward14 | - | - | -€4,049 | - |
| Amounts payable17/49 | €8,267 | €16,439 | €10,324 | ▼ 37.2% |
| Amounts payable within one year42/48 | €8,267 | €16,439 | €10,324 | ▼ 37.2% |
| Trade debts44 | €333 | €1,595 | €4,168 | ▲ 161% |
| Suppliers440/4 | €333 | €1,595 | €4,168 | ▲ 161% |
| Taxes, remuneration and social security45 | €3,512 | €11,421 | €4,774 | ▼ 58.2% |
| Taxes450/3 | €3,512 | €11,421 | €4,774 | ▼ 58.2% |
| Other amounts payable47/48 | €4,422 | €3,422 | €1,383 | ▼ 59.6% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,563 | €5,091 | -€4,049 | - |
| + Depreciation and write-downs630 | €698 | €4,988 | €6,149 | ▲ 23.3% |
| Operating cash flow (approximation) | €15,261 | €10,078 | €2,099 | ▼ 79.2% |
| Investment in fixed assets (approximation) | - | -€7,563 | -€1,553 | ▲ 79.5% |
| Change in cash | - | €3,205 | -€6,169 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 21-05-2026 | 2026-00119525 |
| 31-12-2024 | micro format | 24-04-2025 | 2025-00076122 |
| 31-12-2023 | micro format | 24-04-2024 | 2024-00077056 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| DE BRABANDERE Tanguy Landry Jean-Marie |
|
| Mathis DE BRABANDERE |
|
| Peter De Brabandere |
|
| Veronique VERBEKE |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
5 connected companiesShow 1 more companies with a shared director
History
LYTE-STUDIOS was incorporated on 14 September 2023 as a private limited company.1 The registered office moved to Kortrijk in 2024 and to Roeselare in 2026.23 The board currently has 4 members; DE BRABANDERE Tanguy Landry Jean-Marie has served longest, since 2023.4 Total assets went from €20,729 in 2023 to €22,163 in 2025.5
Acts, filings and financial milestones
18-02
Gazette deed
Registered officeRegistered-office move · Power of attorney3 facts ▸
- Board meeting, 20-01-2026
- Registered-office move, Zilverbergstraat 176 te 8800 Roeselare
- Power of attorney, Luminad
19-06
Gazette deed
Purpose · MiscellaneousPurpose change · Power of attorney4 facts ▸
- General meeting, “eenparigheid van stemmen, buitengewone algemene vergadering van aandeelhouders” (deed in Dutch)
- Other provision, “vrijstelling voorlezing bestuursverslag over voorwerpswijziging en ontvangstbevestiging, voorzitter ontslagen van voorlezing verslag bestuurders aangaande wijzi…” (deed in Dutch)
- Purpose change
- Power of attorney, Christophe KINT
30-05
Gazette deed
Appointments: Peter DE BRABANDERE, Veronique VERBEKE and Mathis DE BRABANDERE6 facts ▸
- General meeting, 29-04-2025
- Director appointment, Peter DE BRABANDERE (director)
- Director appointment, Veronique VERBEKE (director)
- Director appointment, Mathis DE BRABANDERE (director)
- Other provision, “verbod tot uitoefening mandaat als bestuurder, geen verbod opgelegd” (deed in Dutch)
- Other provision, “wettelijke formaliteiten, nodige wordt gedaan” (deed in Dutch)
26-04
Gazette deed
Registered officeRegistered-office move2 facts ▸
- Board meeting, 27-02-2024
- Registered-office move, Rijselsestraat 8 te 8500 Kortrijk
18-09
Gazette deed
IncorporationAppointment: DE BRABANDERE Tanguy Landry Jean-Marie (director) · Registered office clause · Pre-incorporation commitments13 facts ▸
- Other provision, “uittreding ten laste van vennootschapsvermogen, oprichters” (deed in Dutch)
- Other provision, “uitsluiting ten laste van vennootschapsvermogen, oprichters” (deed in Dutch)
- Registered office clause, “8500 Kortrijk,Louis Robbeplein 8 0011” (deed in Dutch)
- Director appointment, DE BRABANDERE Tanguy Landry Jean-Marie (director)
- Pre-incorporation commitments, “takeover, alle verbintenissen,verplichtingen en activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
- Founder, VURAN Yassine
- Founder, DE BRABANDERE Tanguy Landry Jean-Marie
- Founder, VANHAEREN Lucas Arthur Simon
- Incorporation, 12-09-2023
- Founding capital, €3,300
- Other provision, 07-08-2023
- Declaration, “naamvereiste en ontslag opzoeking, comparant” (deed in Dutch)
- +1 further fact in this act
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 36503C1670/00C000 | Flanders | 5,931 m² | 1 · 229 m² | 8.5 m |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “App development: Het proces van het creëren van mobiele of webapplicaties ,inclusief programmeren, ontwerpen en implementeren van…” (deed in Dutch)
27 activities (deed in Dutch)
- App development: Het proces van het creëren van mobiele of webapplicaties ,inclusief programmeren, ontwerpen en implementeren van functionaliteiten.
- App design: Het esthetische en functionele ontwerp van een mobiele of webapplicatie, waarbij rekening wordt gehouden met de gebruikerservaring en visuele aspecten.
- UI/UX: De afkorting voor User Interface (UI) en User Experience (UX), verwijzend naar het ontwerp en de interactie van een applicatie met de gebruikers, inclusief de gebruikersstroom, navigatie en visuele elementen.
- Coding: Het schrijven van programmeercode om softwareapplicaties te ontwikkelen, waarbij gebruik wordt gemaakt van verschillende programmeertalen en technologieën.
- Software development: Het proces van het ontwikkelen, testen en implementeren van softwaretoepassingen, inclusief het schrijven van code, het beheren van databases en het implementeren van functies.
- Programming: Het schrijven van instructies in een programmeertaal om softwareapplicaties te maken en te beheren.
- Animations: Het creëren van bewegende beelden, visuele effecten en interactieve elementen om gebruikerservaringen te verbeteren en de betrokkenheid te vergroten.
- Designs: Het creëren van visuele elementen, lay-outs en grafische content met oog voor esthetiek, functionaliteit en merkidentiteit.
- Photography: Het vastleggen van beelden met behulp van een camera, met de nadruk op het creëren van visueel aantrekkelijke en hoogwaardige foto's.
- Content Creation: Het produceren en ontwikkelen van verschillende vormen van digitale content, zoals tekst, afbeeldingen, video's en grafische elementen.
- Social Media: Het gebruik van online platforms en tools om te communiceren, informatie te delen en betrokkenheid te creëren met het publiek via sociale netwerken.
- Sales: Het proces van het identificeren, benaderen en converteren van potentiële klanten om producten of diensten te verkopen.
- Presentaties: Het voorbereiden en leveren van visueel aantrekkelijke en informatieve presentaties om ideeën, informatie of producten effectief te communiceren.
- Integraties van derden: Het verbinden en integreren van externe systemen, tools of diensten met een bestaande applicatie of platform.
- Backend-ontwikkeling: Het ontwikkelen en beheren van de server- en databasecomponenten van een applicatie, die verantwoordelijk zijn voor de verwerking van gegevens en de logica achter de schermen.
- Maatwerkoplossingen: Het ontwerpen en ontwikkelen van software oplossingen die specifiek zijn afgestemd op de behoeften en vereisten van een individuele klant.
- Onderhoud en support: Het bieden van technische ondersteuning, updates en het oplossen van problemen voor softwaretoepassingen om een optimale werking te garanderen.
- Consultancy: Het bieden van professioneel advies en begeleiding op het gebied van softwareontwikkeling, strategie en optimalisatie.
- Cross-platform ontwikkeling: Het ontwikkelen van softwareapplicaties die kunnen worden gebruikt op meerdere besturingssystemen en apparaten, waardoor gebruikers toegang hebben tot dezelfde functionaliteiten en een consistente ervaring, ongeacht het platform of apparaat dat ze gebruiken.
- Prototyping en wireframing: Het maken van conceptuele modellen en schematische weergaven van een applicatie om de functionaliteit, gebruikersstroom en lay-out te visualiseren voordat de ontwikkeling begint.
- Applicatiebeveiliging: Het implementeren van veiligheidsmaatregelen en -protocollen om de bescherming van gevoelige gegevens en de beveiliging van een applicatie te waarborgen.
- Sociale media-advertising: Het promoten van producten, diensten of merken via advertenties op sociale mediaplatforms om het bereik, de zichtbaarheid en de betrokkenheid bij de doelgroep te vergroten.
- Contentstrategie: Het plannen, ontwikkelen en beheren van relevante en waardevolle content om de doelgroep aan te trekken, te betrekken en te behouden.
- Contentcreatie: Het maken en produceren van diverse vormen van digitale inhoud, zoals artikelen, blogs, video's en afbeeldingen, om informatie, entertainment of educatie te bieden aan het publiek.
- Contentanalyse: Het verzamelen en evalueren van gegevens en statistieken met betrekking tot de prestaties en effectiviteit van digitale content om inzicht te krijgen in het gedrag en de voorkeuren van de doelgroep.
- Social media strategie: Het ontwikkelen van een plan en richtlijnen voor het effectief gebruik van sociale media platforms om merkbekendheid, betrokkenheiden interactie met de doelgroep te vergroten.
- Het nemen van commissies op aangebrachte werkzaamheden.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- LYTE-STUDIOS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bij enkel besluit bestuursorgaan:administratieve zetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren in België of…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als verweerder. Met betrekking tot alle…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, natuurlijke personen of rechtspersonen, al dan niet aandeelhouder” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 23 April at 19:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Algemene vergadering overeenkomstig wettelijke bepalingen, bestuurder(s) in functie indien geen andere vereffenaar benoemd” (deed in Dutch)