StarterStudio

Active

Private limited companyfounded 20232 yrs activeGoezeputstraat 26, 8000 Brugge, BelgiumKBO/BCE: BE 1003.915.752

StarterStudio has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €32k and a net result of €30k. Its solvency ranks better than 42% of 9518 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).

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Checked score

Score 2024

86 / 100

Excellent

The score combines four axes. Every signal that weighs is under Signals.

Axes

Profitability100

Solvency78

Growth-

Stability67

Bankruptcy probability, 12 months

0.9% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €3k at 30 days acceptable

Liquidity ample (current ratio 1.68), but 58.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 82

Relative position

BE, all sectors

reference

Sector 82

lower

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

41.6%

Return on assets

38.4%

Age of the figures

20 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2024

38 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€32k

Total assets

€78k

Net result

€30k

Working capital

€24k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition

Assets €78k

25.0%

75.0%

Fixed assets €19k

Current assets €58k

Equity and liabilities €78k

41.6%

58.4%

Equity €32k

Debt €45k

Debt finances 58.4% of the balance-sheet total.

Key figures and ratios

2024 value

EBITDA

€44k

Cash flow

€35k

Solvency

41.6%

Current ratio

1.68

Quick ratio

1.68

Debt / equity

1.40

ROE

92.3%

ROA

38.4%

Interest coverage

229.62

Debt

€45k

Debt ≤ 1 year

€35k

Debt > 1 year

€11k

Income taxes

€8k

Filed annual accounts

As filed with the NBB · 2024

Balance sheet Code2024

Assets

Total assets20/58€78k

Fixed assets21/28€19k

Tangible fixed assets22/27€19k

Furniture and vehicles24€19k

Current assets29/58€58k

Amounts receivable within one year40/41€105

Other amounts receivable41€105

Cash at bank and in hand54/58€58k

Deferred charges and accrued income490/1€774

Equity and liabilities

Total equity and liabilities10/49€78k

Equity10/15€32k

Contributions10/11€3k

Reserves13€25k

Distributable reserves133€25k

Profit (loss) carried forward14€5k

Amounts payable17/49€45k

Amounts payable after more than one year17€11k

Financial debts170/4€11k

Amounts payable within one year42/48€35k

Current portion of amounts payable after more than one year42€4k

Trade debts44€845

Suppliers440/4€845

Taxes, remuneration and social security45€16k

Taxes450/3€16k

Other amounts payable47/48€14k

Income statement Code2024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k

Other operating charges640/8€1k

Gross operating margin9900€45k

Operating profit (loss)9901€38k

Financial income75/76B€6

Recurring financial income75€6

Financial charges65/66B€192

Recurring financial charges65€192

Profit (loss) for the period before taxes9903€38k

Income taxes67/77€8k

Profit (loss) for the period9904€30k

Profit (loss) for the period to be appropriated9905€30k

Appropriation of the result

Profit (loss) to be appropriated9906€30k

Transfer to equity691/2€25k

To other reserves6921€25k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 2Gazette 1Filings 1

2026

31-08

State Gazette act General meeting · Registered-office move

Director appointment · Permanent representative

2025

23-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

State Gazette actNBB filing

Directors · office · real estate

Directors

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.

Location & real-estate footprint

Registered office, Brugge · 1 establishment unit since 2023

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.

Goezeputstraat 268000 Brugge

Ground area

65 m²

Building footprint

47 m²

Volume, LiDAR

313 m³

Parcel 31803C1326/02B000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.