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OFFICE STUDIO

Active
Private limited companyfounded 200620 yrs activeLummense Kiezel 51, 3510 Hasselt, BelgiumKBO/BCE: BE 0880.277.968
Summary

OFFICE STUDIO has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.5m and a net result of -€56,141. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 40% of 2310 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability39▼-5
Solvency55▼-4
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85,000 at 30 days acceptable
Liquidity short (current ratio 0.25 against 0.22 in 2024; short-term debt: 11.5% and cash: 1.6% of total assets), and 70.2% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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
highest failure risk from 2 to 8 years 20 years 0 30 y
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
29.8%
Return on assets
-1.1%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€56,141
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 19-05-2026, 73 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
73 d early
2024
64 d early
2023
50 d early
2022
75 d early
2021
80 d early
2020
33 d early
2019
49 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 61 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% 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. Usually files around 19 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 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

History

OFFICE STUDIO was incorporated on 28 March 2006.1 Total assets rose from EUR 4.6 million in 2018 to EUR 5 million in 2025 and headcount from 0.2 full-time equivalents in 2019 to 1.2 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2019 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€1.5m▼ 3.6%
2024 · €1.6m
Total assets
€5.0m▲ 9.5%
2024 · €4.6m
Net result
-€56,141▼ 14.5%
2024 · -€49,045
Working capital
-€435,717▼ 44.8%
2024 · -€300,819
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€5,962€5,978▲ 0.3%€101,332▲ 1,595%-€12,968€7,567
Net result-€29,049below the sector's middle half▲ 67.0%-€20,222below the sector's middle half▲ 30.4%€74,595within the sector's middle half-€49,045below the sector's middle half-€56,141below the sector's middle half▼ 14.5%
Equity€1.4mabove the sector's middle half▼ 1.8%€1.3mabove the sector's middle half▼ 1.5%€1.6mabove the sector's middle half▲ 18.9%€1.6mabove the sector's middle half▼ 3.1%€1.5mabove the sector's middle half▼ 3.6%
Total assets€4.7mabove the sector's middle half▼ 1.7%€4.5mabove the sector's middle half▼ 3.8%€4.4mabove the sector's middle half▼ 2.3%€4.6mabove the sector's middle half▲ 4.5%€5.0mabove the sector's middle half▲ 9.5%
Debt€2.6m▼ 1.2%€2.5m▼ 5.0%€2.3m▼ 6.5%€2.6m▲ 11.4%€3.1m▲ 19.9%
Working capital-€718,042below the sector's middle half▼ 4.8%-€429,840below the sector's middle half▲ 40.1%-€331,434below the sector's middle half▲ 22.9%-€300,819below the sector's middle half▲ 9.2%-€435,717below the sector's middle half▼ 44.8%
Solvency29.3%within the sector's middle half=29.9%within the sector's middle half▲ 0.7pp36.5%within the sector's middle half▲ 6.5pp33.8%within the sector's middle half▼ 2.6pp29.8%within the sector's middle half▼ 4.1pp
Current ratio0.23below the sector's middle half▲ 0.010.31below the sector's middle half▲ 0.080.43below the sector's middle half▲ 0.120.22below the sector's middle half▼ 0.220.25below the sector's middle half▲ 0.03
Return on assets (ROA)-0.6%below the sector's middle half▲ 1.2pp-0.4%below the sector's middle half▲ 0.2pp1.7%within the sector's middle half▲ 2.1pp-1.1%below the sector's middle half▼ 2.8pp-1.1%below the sector's middle half=
Staff (FTE)1below the sector's middle half=1within the sector's middle half=1within the sector's middle half=1within the sector's middle half=1.2within the sector's middle half▲ 20.0%
above within below the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000-€50,000€0€50,000€100,000Operating result 2021: €5,962€5,962Net result 2021: -€29,049-€29,049Operating result 2022: €5,978€5,978Net result 2022: -€20,222-€20,222Operating result 2023: €101,332€101,332Net result 2023: €74,595€74,595Operating result 2024: -€12,968-€12,968Net result 2024: -€49,045-€49,045Operating result 2025: €7,567€7,567Net result 2025: -€56,141-€56,14120212022202320242025-€100,000-€50,000€0€50,000€100,000Operating result 2023: €101,332€101,000Net result 2023: €74,595€74,600Operating result 2024: -€12,968-€13,000Net result 2024: -€49,045-€49,000Operating result 2025: €7,567€7,570Net result 2025: -€56,141-€56,100202320242025
The operating result returns to profit in 2025: €7,567 after a loss of €12,968 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.0m
Fixed assets €4.9m ▲ 8.4%
Current assets €141,597 ▲ 71.6%
Equity and liabilities €5.0m
Equity €1.5m ▼ 3.6%
Provisions €444,982 ▼ 4.0%
Debt €3.1m ▲ 19.9%
Debt's share of the balance-sheet total rises from 56.1% to 61.4%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€218,616▲
2024 · €172,912
Cash flow
€154,908▲
2024 · €136,835
Debt to equity
2.06▲
2024 · 1.66
ROE
-3.8%▼
2024 · -3.2%
Interest coverage
2.65▼
2024 · 3.21
Debt ≤ 1 year
€577,314▲
2024 · €383,317
Debt > 1 year
€2.5m▲
2024 · €2.2m
Income taxes
-€163▼
2024 · €581
Staff costs
€57,861▲
2024 · €42,918
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,450 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a small loss
1.5% went bankrupt
5.0% stopped otherwise
93% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
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% 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 2,450 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 57 lines
Balance sheet Code20242025
Assets
Total assets20/58€4.6m€5.0m▲
Fixed assets21/28€4.5m€4.9m▲
Tangible fixed assets22/27€4.5m€4.9m▲
Land and buildings22€4.5m€4.9m▲
Plant, machinery and equipment23€5,212€9,284▲
Furniture and vehicles24€4,463€3,347▼
Current assets29/58€82,498€141,597▲
Amounts receivable within one year40/41€79,824€55,860▼
Trade receivables40€79,824€52,717▼
Other amounts receivable41-€3,143
Current investments50/53€514€514=
Cash at bank and in hand54/58€1,691€79,130▲
Deferred charges and accrued income490/1€469€6,093▲
Equity and liabilities
Total equity and liabilities10/49€4.6m€5.0m▲
Equity10/15€1.6m€1.5m▼
Contributions10/11€300,000€300,000=
Reserves13€1.5m€1.5m▼
Non-distributable reserves130/1€5,604€5,604=
Reserves not available under the articles1311€5,604€5,604=
Tax-exempt reserves132€1.4m€1.3m▼
Distributable reserves133€125,597€125,597=
Profit (loss) carried forward14-€268,669-€269,562▼
Provisions and deferred taxes16€463,399€444,982▼
Deferred taxes168€463,399€444,982▼
Amounts payable17/49€2.6m€3.1m▲
Amounts payable after more than one year17€2.2m€2.5m▲
Financial debts170/4€2.2m€2.5m▲
Amounts payable within one year42/48€383,317€577,314▲
Current portion of amounts payable after more than one year42€188,326€220,593▲
Financial debts43€25,000-
Credit institutions430/8€25,000-
Trade debts44€42,803€84,891▲
Suppliers440/4€42,803€84,891▲
Taxes, remuneration and social security45€8,932€23,052▲
Taxes450/3€5,464€18,787▲
Remuneration and social security454/9€3,468€4,264▲
Other amounts payable47/48€118,255€248,778▲
Accrued charges and deferred income492/3-€10,129
Income statement Code20242025
Remuneration, social security and pensions62€42,918€57,861▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€185,880€211,049▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€250-€250▼
Other operating charges640/8€27,367€29,327▲
Gross operating margin9900€243,448€305,554▲
Operating profit (loss)9901-€12,968€7,567▲
Financial income75/76B€2€81▲
Recurring financial income75€2€81▲
Financial charges65/66B€53,915€82,368▲
Recurring financial charges65€53,915€82,368▲
Profit (loss) for the period before taxes9903-€66,880-€74,720▼
Transfer from deferred taxes780€18,416€18,416=
Income taxes67/77€581-€163▼
Profit (loss) for the period9904-€49,045-€56,141▼
Transfer from tax-exempt reserves789€55,249€55,249=
Profit (loss) for the period to be appropriated9905€6,204-€892▼
Appropriation of the result
Profit (loss) to be appropriated9906-€268,669-€269,562▼
Profit (loss) brought forward from the previous period14P-€274,873-€268,669▲
Social balance
Average headcount (FTE)90871.01.2▲

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

Line20212022202320242025Change
Remuneration, social security and pensions62€23,034€31,974€39,232€42,918€57,861▲ 34.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€172,509€180,494€181,717€185,880€211,049▲ 13.5%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4---€250-€250▼ 200%
Other operating charges640/8€23,135€24,263€26,014€27,367€29,327▲ 7.2%
Gross operating margin9900€224,640€242,709€348,295€243,448€305,554▲ 25.5%
Operating profit (loss)9901€5,962€5,978€101,332-€12,968€7,567▲ 158%
Financial income75/76B---€2€81▲ 3,796%
Recurring financial income75---€2€81▲ 3,796%
Financial charges65/66B€55,841€51,081€44,936€53,915€82,368▲ 52.8%
Recurring financial charges65€55,841€51,081€44,936€53,915€82,368▲ 52.8%
Profit (loss) for the period before taxes9903-€49,880-€45,103€56,397-€66,880-€74,720▼ 11.7%
Transfer from deferred taxes780€25,268€25,268€18,585€18,416€18,416=
Income taxes67/77€4,438€387€387€581-€163▼ 128%
Profit (loss) for the period9904-€29,049-€20,222€74,595-€49,045-€56,141▼ 14.5%
Transfer from tax-exempt reserves789€49,072€49,072€55,755€55,249€55,249=
Profit (loss) for the period to be appropriated9905€20,023€28,850€130,350€6,204-€892▼ 114%
Line20212022202320242025Change
Assets
Total assets20/58€4.7m€4.5m€4.4m€4.6m€5.0m▲ 9.5%
Fixed assets21/28€4.5m€4.3m€4.1m€4.5m€4.9m▲ 8.4%
Tangible fixed assets22/27€4.5m€4.3m€4.1m€4.5m€4.9m▲ 8.4%
Land and buildings22€4.5m€4.3m€4.1m€4.5m€4.9m▲ 8.3%
Plant, machinery and equipment23€1,181€128€6,812€5,212€9,284▲ 78.1%
Furniture and vehicles24€7,810€6,694€5,579€4,463€3,347▼ 25.0%
Current assets29/58€214,907€190,373€250,830€82,498€141,597▲ 71.6%
Amounts receivable within one year40/41€147,812€133,249€155,778€79,824€55,860▼ 30.0%
Trade receivables40€34,812€20,249€42,778€79,824€52,717▼ 34.0%
Other amounts receivable41€113,000€113,000€113,000-€3,143-
Current investments50/53---€514€514=
Cash at bank and in hand54/58€67,094€57,125€95,052€1,691€79,130▲ 4,579%
Deferred charges and accrued income490/1---€469€6,093▲ 1,200%
Equity and liabilities
Total equity and liabilities10/49€4.7m€4.5m€4.4m€4.6m€5.0m▲ 9.5%
Equity10/15€1.4m€1.3m€1.6m€1.6m€1.5m▼ 3.6%
Contributions10/11€300,000€300,000€300,000€300,000€300,000=
Reserves13€1.5m€1.5m€1.6m€1.5m€1.5m▼ 3.6%
Non-distributable reserves130/1€5,604€5,604€5,604€5,604€5,604=
Reserves not available under the articles1311€5,604€5,604€5,604€5,604€5,604=
Tax-exempt reserves132€1.4m€1.3m€1.4m€1.4m€1.3m▼ 4.0%
Distributable reserves133€125,597€125,597€125,597€125,597€125,597=
Profit (loss) carried forward14-€434,072-€405,223-€274,873-€268,669-€269,562▼ 0.3%
Provisions and deferred taxes16€705,612€680,344€481,815€463,399€444,982▼ 4.0%
Deferred taxes168€705,612€680,344€481,815€463,399€444,982▼ 4.0%
Amounts payable17/49€2.6m€2.5m€2.3m€2.6m€3.1m▲ 19.9%
Amounts payable after more than one year17€1.7m€1.9m€1.7m€2.2m€2.5m▲ 14.0%
Financial debts170/4€1.7m€1.9m€1.7m€2.2m€2.5m▲ 14.0%
Amounts payable within one year42/48€932,948€620,214€582,264€383,317€577,314▲ 50.6%
Current portion of amounts payable after more than one year42€122,657€146,840€150,020€188,326€220,593▲ 17.1%
Financial debts43€375,000€25,000€25,000€25,000--
Credit institutions430/8---€25,000--
Other loans439€375,000€25,000€25,000---
Trade debts44€288,380€294,646€280,501€42,803€84,891▲ 98.3%
Suppliers440/4€288,380€294,646€280,501€42,803€84,891▲ 98.3%
Taxes, remuneration and social security45€17,045€25,458€30,811€8,932€23,052▲ 158%
Taxes450/3€16,666€22,936€27,688€5,464€18,787▲ 244%
Remuneration and social security454/9€379€2,523€3,123€3,468€4,264▲ 23.0%
Other amounts payable47/48€129,866€128,269€95,932€118,255€248,778▲ 110%
Accrued charges and deferred income492/3--€27,000-€10,129-
Line20212022202320242025Change
Profit (loss) for the period9904-€29,049-€20,222€74,595-€49,045-€56,141▼ 14.5%
+ Depreciation and write-downs630€172,509€180,494€181,717€185,880€211,049▲ 13.5%
Operating cash flow (approximation)€143,460€160,272€256,312€136,835€154,908▲ 13.2%
Investment in fixed assets (approximation)--€29,409-€16,300-€550,435-€588,646▼ 6.9%
Change in cash--€9,970€37,927-€93,361€77,438▲ 183%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
19-05
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-05
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
11-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Back to profitnet €74,595
Net result €74,595 after 5 loss-making years.
17-05
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
12-05
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
12-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
15-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-05
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Hasselt · 1 establishment unit since 2006
seat establishment The establishment unit on the map
Ground area
2.4 ha
Building footprint
454 m²
Volume, LiDAR
2,055 m³
Parcel 71028A0171/00F002, Flanders · tallest building 16.2 m, ±1 floor. Linked by address, not a title deed.
18 companies at this address See who is registered here
1 establishment unit
OFFICE STUDIO
Lummense Kiezel 51, 3510 HasseltOffice administrative, office support and other business support activities
since 20062.152.934.893
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71028A0171/00F002 Flanders 2.4 ha 1 · 454 m² 16.2 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. bOneA 98.68%
  2. Parc 51 Holding 100%
  3. OFFICE STUDIO

Highest known parent: bOneA. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 675 EUR awarded · 675 EUR paid
Year Entries awardedpaid
2025 1 675 EUR675 EUR
Schemes
1 entry · 675 EUR · 675 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 24,518 companies in sector 82990 we hold annual accounts for 9,421. 3,772 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded28-03-2006
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0880277968
Also 9925:BE0880277968
Registered 15-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.