Studio Cor
ActiveSummary
The computed 12-month bankruptcy probability of Studio Cor is 1.8% (moderate). The 2025 annual accounts show negative equity (-€88,189) and a net result of -€29,577. Equity is shrinking by about 62% per year across the filed financial years. Its solvency ranks better than 5% of 39,200 sector peers (NACE 70, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- -€88,189
- Loss
- -€29,577
- LOUISSE&DECLERCQDirector · permanent representative De Clercq,Glenn
Why 52raises risk1 change of registered office in 24 monthsNegative equity -€88,189lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Size: total assets €40,032Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 70, micro): better than 3% on solvency, 13% on liquidity, 4% on profitability and 12% on growth.
The bankruptcy probability was computed on 29-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 3 accounts on average 37 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Resignation: Look I Like Group (director)Permanent representative: Goekint Quinten Jef…
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2023 to 2025, 3 financial years
The operating result stays negative: a loss of €23,891 in 2025 against €37,517 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 7,639 companies that looked in July 2024 the way this one looks now, 8.8% went bankrupt within 24 months and 84.8% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 1.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 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 74.5% 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 7,639 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.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €65,028 | €4,580 | -€508 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,715 | €17,000 | €17,000 | = |
| Other operating charges640/8 | €384 | €0 | €787 | - |
| Gross operating margin9900 | €65,128 | -€15,937 | -€6,612 | ▲ 58.5% |
| Operating profit (loss)9901 | -€12,999 | -€37,517 | -€23,891 | ▲ 36.3% |
| Financial income75/76B | €0 | €0 | - | - |
| Recurring financial income75 | €0 | €0 | - | - |
| Financial charges65/66B | €2,884 | €5,262 | €5,686 | ▲ 8.1% |
| Recurring financial charges65 | €2,884 | €5,262 | €5,686 | ▲ 8.1% |
| Profit (loss) for the period before taxes9903 | -€15,883 | -€42,779 | -€29,577 | ▲ 30.9% |
| Profit (loss) for the period9904 | -€15,883 | -€42,779 | -€29,577 | ▲ 30.9% |
| Profit (loss) for the period to be appropriated9905 | -€15,883 | -€42,779 | -€29,577 | ▲ 30.9% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €99,026 | €63,502 | €40,032 | ▼ 37.0% |
| Fixed assets21/28 | €72,285 | €55,285 | €38,285 | ▼ 30.7% |
| Tangible fixed assets22/27 | €72,285 | €55,285 | €38,285 | ▼ 30.7% |
| Land and buildings22 | €72,285 | €55,285 | €38,285 | ▼ 30.7% |
| Current assets29/58 | €26,741 | €8,217 | €1,748 | ▼ 78.7% |
| Amounts receivable within one year40/41 | €16,294 | €8,157 | €777 | ▼ 90.5% |
| Trade receivables40 | €15,197 | €5,709 | €709 | ▼ 87.6% |
| Other amounts receivable41 | €1,098 | €2,448 | €69 | ▼ 97.2% |
| Cash at bank and in hand54/58 | €10,447 | €60 | €970 | ▲ 16× |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €99,026 | €63,502 | €40,032 | ▼ 37.0% |
| Equity10/15 | -€15,833 | -€58,612 | -€88,189 | ▼ 50.5% |
| Contributions10/11 | €50 | €50 | €50 | = |
| Profit (loss) carried forward14 | -€15,883 | -€58,662 | -€88,239 | ▼ 50.4% |
| Amounts payable17/49 | €114,859 | €122,114 | €128,221 | ▲ 5.0% |
| Amounts payable after more than one year17 | €62,024 | €45,556 | €110,114 | ▲ 142% |
| Financial debts170/4 | €62,024 | €45,556 | €110,114 | ▲ 142% |
| Amounts payable within one year42/48 | €52,836 | €76,558 | €18,107 | ▼ 76.3% |
| Current portion of amounts payable after more than one year42 | €15,537 | €16,468 | €17,442 | ▲ 5.9% |
| Trade debts44 | €21,276 | €17,313 | €0 | ▼ 100% |
| Suppliers440/4 | €21,276 | €17,313 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €15,271 | €404 | €0 | ▼ 100% |
| Taxes450/3 | €5,589 | €0 | - | - |
| Remuneration and social security454/9 | €9,682 | €404 | €0 | ▼ 100% |
| Other amounts payable47/48 | €752 | €42,374 | €666 | ▼ 98.4% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€15,883 | -€42,779 | -€29,577 | ▲ 30.9% |
| + Depreciation and write-downs630 | €12,715 | €17,000 | €17,000 | = |
| Operating cash flow (approximation) | -€3,168 | -€25,779 | -€12,577 | ▲ 51.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | -€10,386 | €910 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 06-07-2026 | 2026-00261853 |
| 31-12-2024 | micro format | 06-10-2025 | 2025-00541592 |
| 31-12-2023 | micro format | 07-10-2024 | 2024-00506049 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 1
Permanent representatives 1
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| LOUISSE&DECLERCQ |
|
| LOOK I LIKE GROUP |
|
Owners and capital
Capital and shareholders
- LOUISSE&DECLERCQ (BE 0633.555.203) founder
- LOOK I LIKE GROUP (BE 0539.866.960) founder
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 28-02-2023 Incorporation · €50 · 100 shares
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
History
On 24 February 2023, Studio Cor was incorporated as a private limited company by LOUISSE&DECLERCQ and LOOK I LIKE GROUP, with a starting capital of €50.12 In 2026 the company took the name Studio Cor.3 The registered office was moved to Gent in 2026.3 LOUISSE&DECLERCQ has served as director of the company since 2023.2 Total assets went from €99,026 in 2023 to €40,032 in 2025.4
Acts, filings and financial milestones
04-05
Gazette deed
Resignation: Look I Like Group (director)Permanent representative: Goekint Quinten Jef · Name change · Purpose change8 facts ▸
- General meeting, 22-04-2026 (2 times)
- Name change, Studio Cor
- Purpose change
- Director resignation, Look I Like Group (director)
- Permanent representative, Goekint Quinten Jef
- Registered-office move, 9051 Gent, Hemelrijkstraat 45
- Board meeting, 22-04-2026
- Power of attorney, VG Boekhouding & Fiscaliteit
28-02
Gazette deed
IncorporationAppointments: LOUISSE&DECLERCQ (director) and LOOK I LIKE GROUP (director) · Permanent representatives: De Clercq,Glenn and Goekint,Quinten · Founder11 facts ▸
- Incorporation, 23-02-2023
- Founder, LOUISSE&DECLERCQ
- Founder, LOOK I LIKE GROUP
- Founding capital, €50
- Other provision, “Ontstaan rechtspersoonlijkheid-begin werking, datum neerlegging uittreksel oprichtingsakte op griffie ondernemingsrechtbank” (deed in Dutch)
- Registered office clause, “9000 Gent,Kalandestraat 17” (deed in Dutch)
- Director appointment, LOUISSE&DECLERCQ (director)
- Director appointment, LOOK I LIKE GROUP (director)
- Permanent representative, De Clercq,Glenn
- Permanent representative, Goekint,Quinten
- Power of attorney, VG Boekhouding & Fiscaliteit (2 times)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44062B0133/00C004 | Flanders | 937 m² | 1 · 298 m² | - |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Eetgelegenheden met volledige bediening (restaurants, brasseries, wijnbars); Traiteuractiviteiten en catering; Overige cateringactiviteiten…” (deed in Dutch)deed of 04-05-2026
34 activities (deed in Dutch)
- Eetgelegenheden met volledige bediening (restaurants, brasseries, wijnbars)
- Traiteuractiviteiten en catering
- Overige cateringactiviteiten, inclusief mobiele keuken en foodtrucks
- Cafés en bars
- Detailhandel in dranken in speciaalzaken (wijnhandel, speciaalbier)
- Groothandel in dranken (inclusief wijnen en bier)
- Overige detailhandel in voedingsmiddelen n.e.g. (artisanale producten, delicatessen)
- Bakkerijen en vervaardiging van vers gebak (focaccia, brood, ontbijtproducten)
- Hotels en vergelijkbare accommodatie met restaurant
- Logies zonder restaurant (bed & breakfast, gastenverblijf)
- Overige accommodatie (artist residencies, kortverhuur, aparthotels)
- Organisatie van congressen, beurzen, evenementen en recepties
- Ondersteunende activiteiten voor uitvoerende kunsten (expo, events)
- Artistieke scheppende activiteiten (kunst, beeldhouwkunst, schilderkunst)
- Vervaardiging van keramische huishoudelijke en siervoorwerpen (pottenbakken, keramiek)
- Industrieel ontwerp en productdesign (interieurconcepten, meubels)
- Grafisch ontwerp (branding, huisstijl, visuele communicatie)
- Public relations en communicatieadvies
- Advies omtrent bedrijfsvoering en management (consultancy, strategisch advies)
- Handel in eigen onroerend goed
- Verhuur en exploitatie van en handel in onroerend goed
- Bemiddeling in verband met de exploitatie van en handel in onroerend goed
- Beheer van onroerend goed voor derden of op contractbasis
- Exploitatie van onroerend goed voor eigen of geleased rekening
- Detailhandel via postorder of internet (webshop voor wijn, kunst, design, voeding)
- Detailhandel in meubels, verlichting en interieurartikelen
- Cultuur- en kunstonderwijs (workshops, opleidingen pottenbakken, wijncursussen)
- Exploitatie van podia, tentoonstellingsruimten of galerieën
- Overige persoonlijke diensten n.e.g. (ambachtelijke ateliers, maatwerkprojecten)
- Handelsbemiddeling in gespecialiseerde producten (kunst, wijn, design)
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten (vruchtgebruik, recht van opstal, erfpacht), zoals de huurfinanciering van onroerende goederen aan derden, het aankopen, verkopen, ruilen, bouwen, verbouwen, onderhouden, verhuren, huren, verkavelen, prospecteren en uitbaten van onroerende goederen, het ontwerpen en opvolgen van projecten, en het maken van studies met betrekking tot immobiliën; de aan- en verkoop, huur en verhuur van roerende goederen betreffende de inrichting en uitrusting van onroerende goederen, alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de onroerende en roerende goederen te bevorderen
- Zich borg stellen voor het goede verloop van verbintenissen, door derde personen aangegaan, die het genot zouden hebben van voormelde roerende en onroerende goederen
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend vermogen; alle verrichtingen met betrekking tot roerende goederen en rechten, van welke aard ook, zoals het verwerven door inschrijving of aankoop, het beheren van aandelen, aandelenopties, obligaties, kasbons, afgeleide producten of andere roerende waarden, van welke vorm ook, uitgegeven door Belgische of buitenlandse emittenten
- Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren, in eender welke vorm; het zich borg stellen of aval verlenen, in de meest ruime zin; alle handelsoperaties en financiële operaties verrichten, behalve deze die wettelijk voorbehouden zijn aan depositobanken, houders van deposito’s op korte termijn, spaarkassen, hypotheekmaatschappijen en kapitalisatieondernemingen
- Name clauseThe name the company operates under according to its articles.
- Studio Cordeed of 04-05-2026
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)deed of 28-02-2023
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, aantal,duur opdracht en bij meerdere bevoegdheid” (deed in Dutch)
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding om welke reden en op welk ogenblik ook, een of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen” (deed in Dutch)