Negotiator Studios
ActiveSummary
Negotiator Studios has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40,647 and a net result of €27,966. Its solvency ranks better than 83% of 820 sector peers (NACE 58, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €40,647
- Profit
- €27,966
- DEHAIRS Ward Koen AugustDirector
Why 98raises riskSize: total assets €46,719Founded in 2023lowers riskSector: Publishing activities (NACE 58)Liquidity: current ratio 2.61, cash €12,243Show the evidence
Checked score
Fewer than 1 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 58, micro): better than 87% on solvency, 74% on liquidity, 93% on profitability and 96% 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).
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Signals
This company filed its last 2 accounts on average 100 days before the deadline; the sector median (NACE 58) for financial year 2024 is 7 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Registered officeRegistered-office move
Financials · financial year 2025, micro format
2024 to 2025, 2 financial years
The operating result rises in 2025; 2025 is 168% above 2024.
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 58, Publishing 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 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% 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 39,278 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 | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,281 | €6,382 | ▲ 398% |
| Other operating charges640/8 | €52 | - | - |
| Non-recurring operating charges66A | €991 | - | - |
| Gross operating margin9900 | €15,320 | €41,203 | ▲ 169% |
| Operating profit (loss)9901 | €12,996 | €34,821 | ▲ 168% |
| Financial income75/76B | €17 | €4 | ▼ 74.3% |
| Recurring financial income75 | €17 | €4 | ▼ 74.3% |
| Financial charges65/66B | €95 | €218 | ▲ 129% |
| Recurring financial charges65 | €95 | €218 | ▲ 129% |
| Profit (loss) for the period before taxes9903 | €12,918 | €34,607 | ▲ 168% |
| Income taxes67/77 | €3,578 | €6,641 | ▲ 85.6% |
| Profit (loss) for the period9904 | €9,340 | €27,966 | ▲ 199% |
| Profit (loss) for the period to be appropriated9905 | €9,340 | €27,966 | ▲ 199% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €18,348 | €46,719 | ▲ 155% |
| Formation expenses20 | €1,781 | €890 | ▼ 50.0% |
| Fixed assets21/28 | €1,562 | €30,614 | ▲ 20× |
| Intangible fixed assets21 | - | €27,634 | - |
| Tangible fixed assets22/27 | €1,562 | €2,980 | ▲ 90.8% |
| Plant, machinery and equipment23 | €1,562 | €2,980 | ▲ 90.8% |
| Current assets29/58 | €15,005 | €15,215 | ▲ 1.4% |
| Amounts receivable within one year40/41 | €3,513 | €2,866 | ▼ 18.4% |
| Trade receivables40 | €3,194 | €2,614 | ▼ 18.2% |
| Other amounts receivable41 | €319 | €253 | ▼ 20.7% |
| Cash at bank and in hand54/58 | €11,475 | €12,243 | ▲ 6.7% |
| Deferred charges and accrued income490/1 | €17 | €106 | ▲ 540% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €18,348 | €46,719 | ▲ 155% |
| Equity10/15 | €13,540 | €40,647 | ▲ 200% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Reserves13 | €8,540 | €35,647 | ▲ 317% |
| Distributable reserves133 | €8,540 | €35,647 | ▲ 317% |
| Amounts payable17/49 | €4,808 | €6,072 | ▲ 26.3% |
| Amounts payable within one year42/48 | €4,808 | €5,828 | ▲ 21.2% |
| Trade debts44 | €359 | - | - |
| Suppliers440/4 | €359 | - | - |
| Taxes, remuneration and social security45 | €3,649 | €3,855 | ▲ 5.6% |
| Taxes450/3 | €2,075 | €2,281 | ▲ 9.9% |
| Remuneration and social security454/9 | €1,574 | €1,574 | = |
| Other amounts payable47/48 | €800 | €1,973 | ▲ 147% |
| Accrued charges and deferred income492/3 | - | €244 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €9,340 | €27,966 | ▲ 199% |
| + Depreciation and write-downs630 | €1,281 | €6,382 | ▲ 398% |
| Operating cash flow (approximation) | €10,621 | €34,349 | ▲ 223% |
| Investment in fixed assets (approximation) | - | -€35,434 | - |
| Change in cash | - | €767 | - |
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 (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | micro format | 28-11-2025 | 2025-00572630 |
| 30-06-2024 | micro format | 17-09-2024 | 2024-00463084 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2024 to 2025 · 2 entries · €80,000 awarded · €40,000 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €40,000 | €20,000 |
| 2024 | 1 | €40,000 | €20,000 |
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 |
|---|---|
| DEHAIRS Ward Koen August |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
29-05
Gazette deed
Registered officeRegistered-office move2 facts ▸
- Board meeting, 02-05-2024
- Registered-office move, Avenue André Drouart 7 bus.3 1160 Auderghem
17-07
Gazette deed
IncorporationAppointment: DEHAIRS Ward Koen August (director) · Founder · Founding capital9 facts ▸
- Founder, DEHAIRS Ward Koen August (comparant,oprichter)
- Incorporation
- Other provision, “financieel plan, oprichter” (deed in Dutch)
- Founding capital, €5,000
- Other provision, “Titel IV.Bestuur-controle” (deed in Dutch)
- Registered office clause, “9000 Gent,Karel Van Hulthemstraat 15/301” (deed in Dutch)
- Director appointment, DEHAIRS Ward Koen August (director)
- Board rule, 1
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 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 |
|---|---|---|---|---|
| 21002A0107/00R000 | Brussels | 1,020 m² | 1 · 391 m² | 11.9 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Consultancy op het gebied van games,3D toepassingen,computer graphics,virtual reality,IOT en firmware; Het ontwikkelen,verkopen,verdelen van…” (deed in Dutch)
18 activities (deed in Dutch)
- Consultancy op het gebied van games,3D toepassingen,computer graphics,virtual reality,IOT en firmware
- Het ontwikkelen,verkopen,verdelen van software,met name apps,games,3D modellen en game assets
- Het ontwikkelen,kopen,verkopen,beheren,in waarde stellen,in licentie nemen of geven van licenties,brevetten,octrooien,know-how en andere intellectuele rechten
- Verbeteringen aanbrengen aan bestaande software toepassingen,met name commerciële en niet-commerciële games,apps en 3D toepassingen
- Verkopen van in-app purchases,abonnementen,add-ons en DLC
- Tonen van in-app advertenties
- Verkoop van merchandise
- Hosten van websites,domein registratie,hosten van game servers en game-data backend
- Het analyseren,ontwerpen,programmeren en eventueel uitgeven van gebruiksklare systemen,inclusief systemen van automatische data identificatie
- De samenstelling van databanken door het samenbrengen en al dan niet interpreteren van bestaande gegevens uit verschillende bronnen
- De opslag van gegevens door middel van een computerrecord in een bepaald formaat
- E-Commerce
- De vennootschap kan optreden als managementvennootschap;het beheren van vennootschappen,het optreden als holding,het verrichten van alle managementactiviteiten van holdings:het deelnemen,onder gelijk welke vorm,aan de oprichting,uitbreiding,omzetting,fusie,opslorping,het bestuur en controle van ondernemingen
- Consultancy en dienstverlening inzake commercieel,strategisch,financieel en administratief management:inzake technisch management en diverse technische aangelegenheden:inzake informatica en automatisering,inzake integrale kwaliteitszorg en divers zorg-,kwaliteits- en veiligheidssystemen:inzake productmanagement,design en vormgeving:inzake PR,publiciteit en marketing:inzake de administratieve organisatie en de implementatie van bedrijfsprocessen
- Het geven van seminaries,opleidingen en presentaties
- Het schrijven,verzorgen,begeleiden en uitgeven van literaire werken en bijdragen,handboeken van diverse bijdragen in diverse vormen
- Het verrichten van alle handelsbemiddeling,het optreden als agent en zelfstandig vertegenwoordiger in diverse sectoren en voor diverse producten en diensten
- Het ontwikkelen,kopen,verkopen,beheren,in waarde stellen,in licentie nemen of geven van licenties,brevetten,octrooien,knowhow en andere intellectuele rechten
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Negotiator Studios
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, kan bij enkel besluit bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren vestigen…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, natuurlijke personen of rechtspersonen” (deed in Dutch)“Behalve wet of statuten aan algemene vergadering voorbehouden, iedere bestuurder alleen optredend” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 18 November at 20:00
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