Skip to content

SoWhat! Studio

Active
Private limited companyfounded 2024active for 1 yearRue des Blés d'Or 6 A, 1360 Perwez, BelgiumKBO/BCE: BE 1016.852.087
Summary

SoWhat! Studio has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €56,104 and a net result of €53,104. Its solvency ranks better than 36% of 21,120 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Turnover
≈ €210,000
Estimated: probably between €180,000 and €290,000
Total assets
€128,364
Net result
€53,104
Working capital
€27,880

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €128,364
Fixed assets €38,275
Current assets €90,089
Equity and liabilities €128,364
Equity €56,104
Debt €72,260
Debt finances 56.3% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€82,537
Cash flow
€67,504
Current ratio
1.45
Debt to equity
1.29
ROE
94.7%
ROA
41.4%
Interest coverage
over 100
Debt ≤ 1 year
€62,209
Debt > 1 year
€10,051
Income taxes
€14,283
Staff costs
€64,547

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,445 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% 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 11,279 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 · 40 lines
Balance sheet Code2025
Assets
Total assets20/58€128,364
Fixed assets21/28€38,275
Tangible fixed assets22/27€31,386
Furniture and vehicles24€31,386
Financial fixed assets28€6,889
Current assets29/58€90,089
Amounts receivable within one year40/41€47,118
Trade receivables40€44,390
Other amounts receivable41€2,728
Cash at bank and in hand54/58€40,826
Deferred charges and accrued income490/1€2,145
Equity and liabilities
Total equity and liabilities10/49€128,364
Equity10/15€56,104
Contributions10/11€3,000
Profit (loss) carried forward14€53,104
Amounts payable17/49€72,260
Amounts payable after more than one year17€10,051
Financial debts170/4€10,051
Amounts payable within one year42/48€62,209
Current portion of amounts payable after more than one year42€8,277
Trade debts44€195
Suppliers440/4€195
Taxes, remuneration and social security45€28,582
Taxes450/3€7,644
Remuneration and social security454/9€20,938
Other amounts payable47/48€25,154
Income statement Code2025
Remuneration, social security and pensions62€64,547
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,400
Other operating charges640/8€1,206
Gross operating margin9900€148,290
Operating profit (loss)9901€68,137
Financial income75/76B€56
Recurring financial income75€56
Financial charges65/66B€806
Recurring financial charges65€806
Profit (loss) for the period before taxes9903€67,388
Income taxes67/77€14,283
Profit (loss) for the period9904€53,104
Profit (loss) for the period to be appropriated9905€53,104
Appropriation of the result
Profit (loss) to be appropriated9906€53,104

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€64,547
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,400
Other operating charges640/8€1,206
Gross operating margin9900€148,290
Operating profit (loss)9901€68,137
Financial income75/76B€56
Recurring financial income75€56
Financial charges65/66B€806
Recurring financial charges65€806
Profit (loss) for the period before taxes9903€67,388
Income taxes67/77€14,283
Profit (loss) for the period9904€53,104
Profit (loss) for the period to be appropriated9905€53,104
Line2025
Assets
Total assets20/58€128,364
Fixed assets21/28€38,275
Tangible fixed assets22/27€31,386
Furniture and vehicles24€31,386
Financial fixed assets28€6,889
Current assets29/58€90,089
Amounts receivable within one year40/41€47,118
Trade receivables40€44,390
Other amounts receivable41€2,728
Cash at bank and in hand54/58€40,826
Deferred charges and accrued income490/1€2,145
Equity and liabilities
Total equity and liabilities10/49€128,364
Equity10/15€56,104
Contributions10/11€3,000
Profit (loss) carried forward14€53,104
Amounts payable17/49€72,260
Amounts payable after more than one year17€10,051
Financial debts170/4€10,051
Amounts payable within one year42/48€62,209
Current portion of amounts payable after more than one year42€8,277
Trade debts44€195
Suppliers440/4€195
Taxes, remuneration and social security45€28,582
Taxes450/3€7,644
Remuneration and social security454/9€20,938
Other amounts payable47/48€25,154
Line2025
Profit (loss) for the period9904€53,104
+ Depreciation and write-downs630€14,400
Operating cash flow (approximation)€67,504

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 29-06-2026 2026-00209438

Similar companies · same sector, comparable size

Of the 16,999 active companies whose main activity is computer programming (NACE 62100), figures are known for 9,006. 7,012 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.