Petre°Studios
ActivePetre°Studios has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €349k and a net result of €4k. Equity is shrinking by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 37% of 402 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability60▼-11
Solvency52▲+1
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity short (current ratio 0.11 against 0.12 in 2024; short-term debt: 32.5% and cash: 2% of total assets), and 72.7% 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 risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 31
Relative position
BE, all sectors
reference
Sector 31
higher
← 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 2025Solvency, return and age of the figures
Solvency
27.3%
Return on assets
0.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 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 · 10 filingsDeviation from the deadline
2025
6 d late
2024
64 d early
2023
19 d late
2022
20 d early
2021
6 d late
2020
on the day
2018
32 d early
← 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 monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€349k▲ 1.3%
2024 · €344k
2018: €1.15M
2020: €383k
2021: €369k
2022: €358k
2023: €321k
2024: €344k
2018 → 2025
Total assets
€1.28M▼ 3.7%
2024 · €1.33M
2018: €1.77M
2020: €1.50M
2021: €1.44M
2022: €1.41M
2023: €1.34M
2024: €1.33M
2018 → 2025
Net result
€4k▼ 81.1%
2024 · €23k
2018: €-8k
2020: €-11k
2021: €-14k
2022: €-11k
2023: €-37k
2024: €23k
2018 → 2025
Working capital
€-371k▲ 6.7%
2024 · €-398k
2018: €264k
2020: €-454k
2021: €-453k
2022: €-436k
2023: €-440k
2024: €-398k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€369k-€358k▼ 3.0%€321k▼ 10.4%€344k▲ 7.2%€349k▲ 1.3%
Operating result€-12k-€-8k▲ 34.3%€-31k▼ 282%€26k€6k▼ 77.0%
Net result€-14k-€-11k▲ 22.3%€-37k▼ 238%€23k€4k▼ 81.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 77% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.28M
Fixed assets
€1.23M▼ 2.8%
Current assets
€44k▼ 22.3%
Equity and liabilities €1.28M
Equity
€349k▲ 1.3%
Provisions
€170k▼ 3.9%
Debt
€758k▼ 5.7%
The debt ratio falls from 60.7% to 59.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€42k▼
2024 · €63k
Cash flow
€41k▼
2024 · €60k
Solvency
27.3%▲
2024 · 26.0%
Current ratio
0.11▼
2024 · 0.12
Quick ratio
0.11▼
2024 · 0.12
Debt / equity
2.18▼
2024 · 2.34
ROE
1.3%▼
2024 · 6.7%
ROA
0.3%▼
2024 · 1.8%
Interest coverage
4.93▼
2024 · 6.29
Debt
€758k▼
2024 · €805k
Debt ≤ 1 year
€415k▼
2024 · €454k
Debt > 1 year
€344k▼
2024 · €350k
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€1.33M€1.28M▼
Fixed assets21/28€1.27M€1.23M▼
Tangible fixed assets22/27€1.27M€1.23M▼
Land and buildings22€1.27M€1.23M▼
Furniture and vehicles24-€221
Current assets29/58€56k€44k▼
Cash at bank and in hand54/58€53k€26k▼
Deferred charges and accrued income490/1€4k€18k▲
Equity and liabilities
Total equity and liabilities10/49€1.33M€1.28M▼
Equity10/15€344k€349k▲
Contributions10/11€19k€19k=
Reserves13€347k€334k▼
Non-distributable reserves130/1€4k€4k=
Reserves not available under the articles1311€4k€4k=
Tax-exempt reserves132€343k€329k▼
Profit (loss) carried forward14€-21k€-4k▲
Provisions and deferred taxes16€177k€170k▼
Deferred taxes168€177k€170k▼
Amounts payable17/49€805k€758k▼
Amounts payable after more than one year17€350k€344k▼
Financial debts170/4€350k€344k▼
Amounts payable within one year42/48€454k€415k▼
Current portion of amounts payable after more than one year42€7k€7k▲
Trade debts44€4k€19k▲
Suppliers440/4€4k€19k▲
Other amounts payable47/48€444k€389k▼
Accrued charges and deferred income492/3€84-
Income statement
Code20242025
Non-recurring operating income76A€5k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€36k▲
Other operating charges640/8€12k€16k▲
Gross operating margin9900€75k€58k▼
Operating profit (loss)9901€26k€6k▼
Financial income75/76B-€8
Recurring financial income75-€8
Financial charges65/66B€10k€9k▼
Recurring financial charges65€10k€9k▼
Profit (loss) for the period before taxes9903€16k€-3k▼
Transfer from deferred taxes780€7k€7k=
Profit (loss) for the period9904€23k€4k▼
Transfer from tax-exempt reserves789€14k€14k=
Profit (loss) for the period to be appropriated9905€37k€18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-21k€-4k▲
Profit (loss) brought forward from the previous period14P€-58k€-21k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 6 days late
2025
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €23k
Net result €23k after 5 loss-making years.
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
31-12
Financial
Weakest financial yearnet €-37k
Net result drops to €-37k, the lowest in the series; recovery starts the following year.
10-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
06-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 6 days late
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
31-03
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Tournai · 1 establishment unit since 1998
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.
Rue du Saulchoir(K) 337540 TournaiGround area
1.1 ha
Building footprint
141 m²
Volume, LiDAR
1,598 m³
Parcel 57042C0670/00L000, Wallonia · tallest building 13.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Saulchoir(K) 33, 7540 Tournai
since 19982.046.005.063
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57042C0670/00L000 | Wallonia | 1.1 ha | 1 · 141 m² | 13.2 m · 4 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.
Similar companies · same sector, comparable size
Vande Langerijt & Cie
BE 0415.286.989
Herent · Eq €349k
MARO GROUP
BE 0751.576.586
Riemst · Eq €348k
BERVAN DESIGN
BE 0888.257.704
Tielt · Eq €349k
DEPOORTER ZETELFABRIEK
BE 0867.211.078
Ledegem · Eq €353k
LANDE BE
BE 0840.735.820
Lanaken · Eq €344k
Of 1,499 companies in sector 31004 we hold annual accounts for 620. 465 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-11-1989
Fiscal year end31-12
Activities, NACEBEL
31004Manufacture of dining room, living room, bedroom and bathroom furniture
36141
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:petre.studios@petre.info