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Petre°Studios

Active
Private limited companyfounded 1989active for 36 yearsRue du Saulchoir(K) 33, 7540 Tournai, BelgiumKBO/BCE: BE 0438.999.927
Summary

Petre°Studios has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €348,621 and a net result of €4,391. Equity has been stable since 2020 (±2.3% per year). Its solvency ranks better than 38% of 502 sector peers (NACE 31, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 21-11-1989 Normal situation
Activity
Manufacture of dining room, living room, bedroom and bathroom furniture NACE 31004
Establishment unit
2.046.005.063 7540 Tournai, since 03-11-1998
Financial year end
31 December
Peppol
Reachable since 05-08-2025

Board and ownership

Board
  • Petre EngelbertDirector · since 16-04-2021

Financial position

88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€58,464
▼ 21.6%
Turnover
≈ €180,000
estimated
Profit
€4,391
▼ 81.1%
Equity
€348,621
▲ 1.3%
Total assets
€1.3m
▼ 3.7%
  • 2025 accounts filed 6 days after the deadline
Score breakdownraises riskSector: Manufacture of furniture (NACE 31)Liquidity: current ratio 0.11, cash €26,148, halvedlowers riskSize: total assets €1.3mFounded in 1989Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 39% of micro companies in furniture (NACE 31)
Financial strength · tick: 2024
Average
Solvency 52+1
equity 27.3% of total assets
Liquidity 38-2
short-term debt 32.5% · cash 2.0%
Profitability 60-11
return on assets 0.3%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (830 companies, NACE 31, micro)
Last 24 months 12-2024: 0.5% 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.6%▲ +0.1 percentage points vs 03-2025 05-2025: 0.7%▲ +0.1 percentage points vs 04-2025highest value 06-2025: 0.3%▼ -0.4 percentage points vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.1%▼ -0.2 percentage points vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.2%▲ +0.1 percentage points vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.3 percentage points vs 07-2026 09-2026: 0.2%▼ -0.3 percentage points vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.11 (0.12 in 2024), below 1. Short-term debt is 32.5% and cash 2% of total assets. 72.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 31, micro). It does better than 38% of them on solvency, 33% on liquidity, 39% on profitability and 44% on growth.

The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Size: total assets €1.3m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Manufacture of furniture (NACE 31)
KBO
raises risk · Liquidity: current ratio 0.11, cash €26,148, halved
NBB · annual accounts
lowers risk · Founded in 1989
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 6 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
6 days late
2024
64 days early
2023
19 days late
2022
20 days early
2021
6 days late
2020
on the day
2018
32 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 12 days before the deadline. In the sector (NACE 31), the median for financial year 2024 was 7 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 August (3 of the last 3 accounts filed within 70 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More equity than 91% of companies in furnituresector median €48,261 · 504 companies €348,621 View

Recent changes

  1. · Gazette deed Amendment of the articles · Legal-form change
  2. · Gazette deed Company renamed from BUREAU D'ETUDES CHRISTIAN JI to Petre Studios
  3. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as Petre°Studios: manufacture of dining room, living room, bedroom and bathroom furniture (NACE 31004). They are comparable in size and age: total assets between €735,000 and €1.4m, founded between 1978 and 1989.

CompanyTotal assetsGross margin
Petre°Studios Tournai€1.3m€0.06m
INFORMA Halle€1.3m€0.06m
MEUBELFABRIEK AURORA Roeselare€1.2m€0.05m
IMMO MICHELDENOLF Ichtegem€1.4m€0.05m
ID Antiek Kruisem€1.2m€0.05m
INTERCUB Liedekerke€0.8m€0.05m
ALGEMENE SCHRIJNWERKERIJ VERHOEVEN Lievegem€0.7m€0.05m
Full comparison

Key facts about Petre°Studios

What is the company number of Petre°Studios?
The company number of Petre°Studios is 0438.999.927. The VAT number is the same number with BE in front: BE 0438.999.927.
Where is Petre°Studios based?
The registered office is at Rue du Saulchoir(K) 33, 7540 Tournai.Company details
What does Petre°Studios do?
According to the KBO register, the main activity is manufacture of dining room, living room, bedroom and bathroom furniture (NACE 31004).
What is the legal form of Petre°Studios?
The legal form of Petre°Studios is Private limited company (BV).
When was Petre°Studios founded?
Petre°Studios was founded on 21-11-1989.
Is Petre°Studios still active?
Yes, Petre°Studios is an active enterprise in the KBO register.
What is the turnover of Petre°Studios?
The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €58,464 and 2,666 comparable companies of the same size. It probably lies between €120,000 and €300,000. It is a rough estimate.Financials
Is Petre°Studios profitable?
In financial year 2025, Petre°Studios made a profit of €4,391.
Where can I find the annual accounts of Petre°Studios?
Petre°Studios filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Petre°Studios due?
Petre°Studios must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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