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NNSTUDIO

Active
Private limited companyfounded 201114 yrs activeQuai de la Dérivation 2, 4020 Liège, BelgiumKBO/BCE: BE 0841.642.967

NNSTUDIO has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €86k and a net result of €25k. Equity is growing by ~6.2% per year across the filed fiscal years. Its solvency ranks better than 61% of 162 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
90 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability94▲+22
Solvency97▲+28
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 3.17 against 1.75 in 2024; short-term debt: 28.2% and cash: 61.7% of total assets), and 28.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 60
Relative position
BE, all sectors
reference
Sector 60
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
71.8%
Return on assets
20.6%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 14 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 6 filings
Deviation from the deadline
2025
30 d late
2024
21 d late
2023
31 d late
2022
30 d late
2021
26 d late
2020
18 d late
← before the deadline after the deadline →
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
20-09-2026 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

Financials · fiscal year 2025, micro schema

Equity
€86k▲ 40.2%
2024 · €61k
2020: €48k 2021: €81k 2022: €85k 2023: €128k 2024: €61k
2020 → 2025
Total assets
€119k▼ 13.6%
2024 · €138k
2020: €102k 2021: €131k 2022: €104k 2023: €173k 2024: €138k
2020 → 2025
Net result
€25k▲ 672%
2024 · €3k
2020: €15k 2021: €33k 2022: €4k 2023: €43k 2024: €3k
2020 → 2025
Working capital
€73k▲ 26.1%
2024 · €58k
2020: €48k 2021: €80k 2022: €84k 2023: €127k 2024: €58k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€81k-€85k▲ 4.8%€128k▲ 50.8%€61k▼ 52.3%€86k▲ 40.2%
Operating result€38k-€6k▼ 84.1%€60k▲ 893%€4k▼ 93.2%€35k▲ 771%
Net result€33k-€4k▼ 88.2%€43k▲ 1,010%€3k▼ 92.6%€25k▲ 672%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2021: €38k€38kNet result 2021: €33k€33kOperating result 2022: €6k€6kNet result 2022: €4k€4kOperating result 2023: €60k€60kNet result 2023: €43k€43kOperating result 2024: €4k€4kNet result 2024: €3k€3kOperating result 2025: €35k€35kNet result 2025: €25k€25k20212022202320242025
The operating result recovers in 2025; 2025 is 771% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €119k
Fixed assets €13k▲ 290%
Current assets €106k▼ 20.9%
Equity and liabilities €119k
Equity €86k▲ 40.2%
Debt €34k▼ 56.3%
The debt ratio falls from 55.7% to 28.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€38k
2024 · €5k
Cash flow
€27k
2024 · €4k
Solvency
71.8%
2024 · 44.3%
Current ratio
3.17
2024 · 1.75
Quick ratio
3.17
2024 · 1.75
Debt / equity
0.39
2024 · 1.26
ROE
28.7%
2024 · 5.2%
ROA
20.6%
2024 · 2.3%
Interest coverage
38.52
2024 · 9.81
Debt
€34k
2024 · €77k
Debt ≤ 1 year
€34k
2024 · €77k
Income taxes
€11k
2024 · €1k
Staff costs
€37k
2024 · €24k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€138k€119k
Fixed assets21/28€3k€13k
Intangible fixed assets21-€10k
Tangible fixed assets22/27€3k€2k
Furniture and vehicles24€3k€2k
Current assets29/58€135k€106k
Amounts receivable within one year40/41€21k€33k
Trade receivables40€10k€22k
Other amounts receivable41€11k€11k=
Cash at bank and in hand54/58€113k€73k
Equity and liabilities
Total equity and liabilities10/49€138k€119k
Equity10/15€61k€86k
Contributions10/11€20k€20k=
Reserves13€50€25k
Non-distributable reserves130/1€50€50=
Reserves not available under the articles1311€50€50=
Distributable reserves133-€25k
Profit (loss) carried forward14€41k€41k=
Amounts payable17/49€77k€34k
Amounts payable within one year42/48€77k€34k
Trade debts44€10k€13k
Suppliers440/4€10k€13k
Taxes, remuneration and social security45€18k€21k
Taxes450/3€13k€12k
Remuneration and social security454/9€5k€9k
Other amounts payable47/48€49k-
Income statement Code20242025
Remuneration, social security and pensions62€24k€37k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€794€2k
Other operating charges640/8€607€400
Gross operating margin9900€30k€75k
Operating profit (loss)9901€4k€35k
Financial income75/76B€846€597
Recurring financial income75€819€597
Non-recurring financial income76B€26-
Financial charges65/66B€496€977
Recurring financial charges65€496€976
Non-recurring financial charges66B-€1
Profit (loss) for the period before taxes9903€4k€35k
Income taxes67/77€1k€11k
Profit (loss) for the period9904€3k€25k
Profit (loss) for the period to be appropriated9905€3k€25k
Appropriation of the result
Profit (loss) to be appropriated9906€41k€66k
Profit (loss) brought forward from the previous period14P€38k€41k
Transfer to equity691/2-€25k
To other reserves6921-€25k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
21-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
31-12
Financial Weakest financial yearnet €3k ▼92.6%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial Highest result since 2020net €43k ▲1010%
Operating result €60k, net result €43k, both a record.
31-12
Financial Equity above €100kEq €128k ▲50.8%
4 profitable years in a row build equity to €128k.
30-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial Liquidity doublescurrent ratio 5.38
Current ratio from 2.58 to 5.38; short-term debt falls from €50k to €19k.
26-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
18-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Liège · 1 establishment unit since 2011
establishment The establishment unit on the map
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.

Quai de la Dérivation 24020 Liège
Ground area
130 m²
Building footprint
103 m²
Volume, LiDAR
1,508 m³
Parcel 62808A0834/00D000, Wallonia · tallest building 17.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Quai de la Dérivation 2, 4020 Liège
Pre-press and pre-media services
since 20112.229.305.072
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62808A0834/00D000 Wallonia 130 m² 1 · 103 m² 17.5 m · 5 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Wallonia-Brussels Federation

2023 to 2024 · 3 entries · 3,800 EUR in total
Year Entries paid
2024 1 525 EUR
2023 2 3,275 EUR
Budget allocations
Aides ponctuelles dans le domaine des arts plastiques
3 entries · 3,800 EUR

Similar companies · same sector, comparable size

Of 719 companies in sector 60310 we hold annual accounts for 157. 128 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded08-12-2011
Fiscal year end31-12
Activities, NACEBEL
60310News agency activities
63910Computing infrastructure, data processing, hosting and other information service activities
74103Other professional, scientific and technical activities
74120Graphic design and visual communication
58110Book publishing
58190Other publishing activities, excluding software publishing
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
Website:nnstudio.be/
Enterprise