RETAIL STUDIO
ActiveRETAIL STUDIO has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.92M and a net result of €-69k. Equity is growing by ~58.1% per year across the filed fiscal years. Its solvency ranks better than 80% of 3169 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency100=
Growth78=
Stability94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €440k at 30 days acceptable
Liquidity ample (current ratio 18.47 against 36.73 in 2024), and 14.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
85.3%
Return on assets
-0.7%
Age of the figures
8 mo
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 10-07-2026, 21 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
21 d early
2024
8 d early
2023
36 d early
2022
18 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-69k▼ 90.8%
2024 · €-36k
2022: €-161k
2023: €-48k
2024: €-36k
2022 → 2025
Working capital
€8.49M▲ 26.5%
2024 · €6.71M
2022: €-396k
2023: €3.68M
2024: €6.71M
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€-96k-€3.43M€5.43M▲ 58.2%€7.92M▲ 45.7%
Operating result€-155k-€-28k▲ 82.2%€4k€-12k
Net result€-161k-€-48k▲ 70.3%€-36k▲ 24.2%€-69k▼ 90.8%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €12k after €4k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.27M
Fixed assets
€298k▼ 11.7%
Current assets
€8.98M▲ 30.1%
Equity and liabilities €9.28M
Equity
€7.92M▲ 45.7%
Debt
€1.36M▼ 24.8%
The debt ratio falls from 25.0% to 14.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€40k▼
2024 · €54k
Cash flow
€-17k▼
2024 · €15k
Solvency
85.3%▲
2024 · 75.0%
Current ratio
18.47▼
2024 · 36.73
Quick ratio
18.47▼
2024 · 36.73
Debt / equity
0.17▼
2024 · 0.33
ROE
-0.9%▼
2024 · -0.7%
ROA
-0.7%▼
2024 · -0.5%
Interest coverage
0.67▼
2024 · 1.23
Debt
€1.36M▼
2024 · €1.81M
Debt ≤ 1 year
€486k▲
2024 · €188k
Debt > 1 year
€877k▼
2024 · €1.63M
Staff costs
€14k▼
2024 · €120k
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€7.25M€9.28M▲
Formation expenses20€11k€8k▼
Fixed assets21/28€337k€298k▼
Intangible fixed assets21€212k€174k▼
Tangible fixed assets22/27€1k€362▼
Furniture and vehicles24€1k€362▼
Financial fixed assets28€123k€123k▼
Current assets29/58€6.90M€8.98M▲
Amounts receivable within one year40/41€5.90M€8.30M▲
Trade receivables40€38k€316k▲
Other amounts receivable41€5.87M€7.99M▲
Cash at bank and in hand54/58€993k€670k▼
Deferred charges and accrued income490/1€5k€2k▼
Equity and liabilities
Total equity and liabilities10/49€7.25M€9.28M▲
Equity10/15€5.43M€7.92M▲
Contributions10/11€5.67M€8.23M▲
Capital10€5.67M€8.23M▲
Issued capital100€5.67M€8.23M▲
Profit (loss) carried forward14€-245k€-315k▼
Investment grants15€8k€5k▼
Amounts payable17/49€1.81M€1.36M▼
Amounts payable after more than one year17€1.63M€877k▼
Financial debts170/4€1.63M€877k▼
Amounts payable within one year42/48€188k€486k▲
Current portion of amounts payable after more than one year42€112k€116k▲
Trade debts44€68k€72k▲
Suppliers440/4€68k€72k▲
Taxes, remuneration and social security45€8k€4k▼
Remuneration and social security454/9€8k€4k▼
Other amounts payable47/48-€294k
Accrued charges and deferred income492/3€1k€855▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€120k€14k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€52k▲
Other operating charges640/8€32k€20k▼
Non-recurring operating charges66A€14k€8k▼
Gross operating margin9900€221k€83k▼
Operating profit (loss)9901€4k€-12k▼
Financial income75/76B€4k€3k▼
Recurring financial income75€4k€3k▼
Financial charges65/66B€44k€61k▲
Recurring financial charges65€44k€61k▲
Profit (loss) for the period before taxes9903€-36k€-69k▼
Profit (loss) for the period9904€-36k€-69k▼
Profit (loss) for the period to be appropriated9905€-36k€-69k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-245k€-315k▼
Profit (loss) brought forward from the previous period14P€-209k€-245k▼
Social balance
Average headcount (FTE)90871.61.0▼
The notes to these accounts (22 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
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Equity above €5MEq €5.43M ▲58.2%
Equity rises from €3.43M to €5.43M.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Liquidity times 56current ratio 35.12
Current ratio from 0.63 to 35.12; short-term debt falls from €1.08M to €108k.
31-12
Financial
Equity above €2MEq €3.43M
Equity rises from €-96k to €3.43M.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
13-05-2025
Resigned as Director
Location & real-estate footprint
Registered office, La Hulpe · 1 establishment unit since 2022
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.
Chaussée de Bruxelles 135 A1310 La HulpeGround area
5.5 ha
Building footprint
1.5 ha
Volume, LiDAR
150,696 m³
Parcel 25050E0040/00S000, Wallonia · tallest building 21.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
RETAIL STUDIO
since 20222.331.297.604
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25050E0040/00S000 ProtectedSite or landscape |
Wallonia | 5.5 ha | 1 · 1.5 ha | 21.1 m · 3 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 5,668 companies in sector 70100 we hold annual accounts for 3,479. 937 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded02-05-2022
Fiscal year end31-12
Activities, NACEBEL
70100Activities of head offices
70200Business and other management consultancy
70220Business consulting
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.