MEDUSA STUDIO
The file of MEDUSA STUDIO contains 2 judicial reorganisations, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is ≥ 25% (high). The 2024 annual accounts show negative equity (€-61k) and a net result of €-8k. Equity is shrinking by ~46.6% per year across the filed fiscal years. Its solvency ranks better than 5% of 2546 sector peers (fiscal year 2024).
| Equity | €-61k |
| Net result | €-8k |
| Better than sector | 5% |
| Active | 5 yrs |
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -135.6% | 56.2% | |
| Net result | €-8k | €19k | |
| Equity | €-61k | €43k | |
| Gross operating margin | €1k | €37k | |
| Staff costs | €1k | €14k |
Show 10 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-422 |
| Net profit | €-8k |
| Cash flow | €-793 |
| Staff costs | €1k |
| Income taxes | - |
| Dividends | - |
| Total assets | €45k |
| Equity | €-61k |
| Debt | €106k |
| of which ≤ 1y | €104k |
| of which > 1y | €3k |
| Working capital | €-79k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.23 |
| Quick ratio | 0.23 |
| Working capital ratio | -176.3% |
| Solvency | -135.6% |
| Debt / equity | -1.74 |
| Long-term debt ratio | -0.04 |
| Interest coverage | -1.14 |
| Gross margin | - |
| Net margin | - |
| ROA | -16.7% |
| ROE | 12.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (22 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €45k |
| Fixed assets | 21/28 | €21k |
| Intangible fixed assets | 21 | €20k |
| Tangible fixed assets | 22/27 | €0 |
| Financial fixed assets | 28 | €700 |
| Current assets | 29/58 | €24k |
| Amounts receivable within one year | 40/41 | €24k |
| Cash & bank | 54/58 | €135 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €45k |
| Equity | 10/15 | €-61k |
| Contributions / capital | 10/11 | €2k |
| Accumulated profits (losses) | 14 | €-63k |
| Amounts payable | 17/49 | €106k |
| Amounts payable after one year | 17 | €3k |
| Amounts payable within one year | 42/48 | €104k |
| Trade debts payable within one year | 44 | €0 |
| Income statement | ||
| Gross operating margin | 9900 | €1k |
| Operating result | 9901 | €-7k |
| Financial charges | 65 | €370 |
| Result before taxes | 9903 | €-8k |
| Net result for the period | 9904 | €-8k |
| Result to be appropriated | 9905 | €-8k |
Former directors (1)
-
Declercq LaetitiaDirectorState Gazette act 23041529 (24-03-2023)Former- → 31-12-2022
| NACE primary | Activiteiten van reclamebureaus(73110) |
| Legal form | Private limited company(610) |
| Incorporation | 19-01-2021 |
| Status | Active |
| Postal code | 7500 |
| First BS signal | 30-10-2025 |
| Latest BS signal | 24-02-2026 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57081F0331/00B000 | Wallonia | 753 m² | 1 · 371 m² | 21.2 m · 6 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.
We hold 1 further earlier event in this file, covering 27-10-2025 to 11-02-2026.
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.
16-10-2023 Registered office moved within Tournai
- Chaussée de Bruxelles 236/A-7500 Tournai → Place Paul-Emile Janson, Và 7500 Tournai
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Place Paul-Emile Janson, V\u00E0 7500 Tournai",
"city": "Tournai",
"region": "waals_gewest",
"street": "Place Paul-Emile Janson",
"country": "BE",
"postcode": "7500",
"box_number": null,
"street_number": null,
"locality_suffix": null
},
"old_address": {
"raw": "Chauss\u00E9e de Bruxelles 236/A-7500 Tournai",
"city": "Tournai",
"region": "waals_gewest",
"street": "Chauss\u00E9e de Bruxelles",
"country": "BE",
"postcode": "7500",
"box_number": "A",
"street_number": "236",
"locality_suffix": null
},
"effective_date": "2023-10-01",
"evidence_quote": "Par d\u00E9cision de l\u0027organe d\u0027Administration, le si\u00E8ge social de la soci\u00E9t\u00E9 est transf\u00E9r\u00E9, \u00E0 dater du 1er octobre 2023, chauss\u00E9e de Bruxelles 236/A, \u00E0 7500 Tournai vers Place Paul-Emile Janson, V\u00E0 7500 Tournai",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": null,
"filing_date": "2023-10-04",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "enig_aandeelhouder_schriftelijk",
"date": "2023-08-24",
"unanimous": null
},
"subject_company": {
"kbo": "0761.784.451",
"name_full": "MEDUSA STUDIO",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Vancompermolle Ga\u00EBtan",
"org_rep_person_name": null,
"person_role_at_subject": "Administrateur"
},
"co_filed_documents": [
"Bijlagen bij het Belgisch-Staatsblad",
"Annexes du Moniteur belge"
]
}24-03-2023 Declercq Laetitia resigns as director
- Declercq Laetitia, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "administrateur",
"person": {
"rrn": null,
"name": "Declercq Laetitia",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "de_plein_droit_dissolution",
"subkind": null,
"via_org": null,
"statutory": "statutair",
"compensated": null,
"effective_date": "2022-12-31",
"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale acte la d\u00E9mission de Madame Declercq Laetitia de son poste d\u0027administratrice, de la soci\u00E9t\u00E9, avec effet au 31/12/2022.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "board_snapshot",
"role": "administrateur",
"person": {
"rrn": null,
"name": "Vancompernolle Ga\u00EBtan",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": "statutair",
"compensated": null,
"effective_date": null,
"evidence_quote": "L\u0027administrateur,\nVancompernolle Ga\u00EBtan",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2023-03-24",
"filing_date": "2023-03-15",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2022-12-31",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0761.784.451",
"name_full": "MEDUSA STUDIO",
"legal_form": "SRL",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Vancompernolle Ga\u00EBtan",
"org_rep_person_name": null,
"person_role_at_subject": "administrateur"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}| Legal nameFR | MEDUSA STUDIO |