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StarterStudio

Active
Private limited companyfounded 2023active for 2 yearsGoezeputstraat 26, 8000 Brugge, BelgiumKBO/BCE: BE 1003.915.752
Summary

StarterStudio has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €62,021 and a net result of €29,616. Its solvency ranks better than 40% of 9,633 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Other business support services
NACE 82990
1 site
Size
≈ €110,000turnover 2025, estimated
Equity
€62,021
Profit
€29,616
Turnover estimated from the gross margin
Financial health
96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
2025 accounts 32 days early
Why 96raises riskFounded in 2023lowers riskSector: Office administrative, office support and other business support activities (NACE 82)Liquidity: current ratio 1.65, cash €74,882Figures for financial year 2025 (filed 29-06-2026)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 69% of its sector peers (NACE 82, micro)
Financial strength · tick = 2024
Strong
Solvency 63-4
equity 37.8% of total assets
Liquidity 86+8
short-term debt 32.2% · cash 45.6%
Profitability 91-9
return on assets 18.0%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (12,659 companies, NACE 82, micro)
Last 24 months 01-2025: 0.6% 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.7%▲ +0.1 percentage points vs 04-2025 06-2025: 0.8%▲ +0.1 percentage points vs 05-2025highest value 07-2025: 0.1%▼ -0.7 percentage points vs 06-2025lowest value 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.1%▼ -0.1 percentage points vs 09-2026
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.65, compared with 1.68 in 2024, above the usual 1.5; short-term debt: 32.2% and cash: 45.6% of total assets), but 62.2% of the assets are financed with debt and provisions.
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 82, micro): better than 42% on solvency, 80% on liquidity, 66% on profitability and 88% on growth.

The bankruptcy probability was computed on 28-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Office administrative, office support and other business support activities (NACE 82)
KBO
lowers risk · Liquidity: current ratio 1.65, cash €74,882
NBB · annual accounts
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Figures for financial year 2025 (filed 29-06-2026)
NBB · annual accounts
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 29-06-2026, 32 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
32 days early
2024
38 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 35 days before the deadline; the sector median (NACE 82) for financial year 2024 is 7 days before the deadline, and 35% 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.
Companies Code · seven months
Where today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. IncorporationAppointment: DE CARNE Joery (director)…

Financials · financial year 2025, micro format

Turnover
≈ €110,000
Estimated: probably between €87,000 and €150,000
Total assets
€164,178▲ 111%
2024 · €77,830
Net result
€29,616▼ 1.0%
2024 · €29,904
Working capital
€34,134▲ 44.8%
2024 · €23,573
Trend over the years

2024 to 2025, 2 financial years

The operating result rises in 2025; 2025 is 3% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€39,645 2025 Net result€29,616 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 82, Office administrative, office support and other business support 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).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€38,440-€39,645▲ 3.1%
Net result€29,904within the sector's middle half-€29,616within the sector's middle half▼ 1.0%
Equity€32,404within the sector's middle half-€62,021within the sector's middle half▲ 91.4%
Total assets€77,830within the sector's middle half-€164,178within the sector's middle half▲ 111%
Debt€45,426-€102,158▲ 125%
Working capital€23,573within the sector's middle half-€34,134within the sector's middle half▲ 44.8%
Solvency41.6%within the sector's middle half-37.8%within the sector's middle half▼ 3.9pp
Current ratio1.68within the sector's middle half-1.65within the sector's middle half▼ 0.03
Return on assets (ROA)38.4%above the sector's middle half-18.0%within the sector's middle half▼ 20.4pp
above within below the middle half of NACE 82, Office administrative, office support and other business support 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.
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
2025 in colour, 2024 as the grey bar beneath
Assets €164,178
Fixed assets €77,258 ▲ 298%
Current assets €86,920 ▲ 48.8%
Equity and liabilities €164,178
Equity €62,021 ▲ 91.4%
Debt €102,158 ▲ 125%
Debt's share of the balance-sheet total rises from 58.4% to 62.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€49,548▲
2024 · €44,013
Cash flow
€39,519▲
2024 · €35,477
Debt to equity
1.65▲
2024 · 1.40
ROE
47.8%▼
2024 · 92.3%
Interest coverage
34.45▼
2024 · over 100
Debt ≤ 1 year
€52,786▲
2024 · €34,830
Debt > 1 year
€49,371▲
2024 · €10,596
Income taxes
€8,626▲
2024 · €8,350
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% still going

For this company itself Checked computes a lower bankruptcy probability: 0.1% 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%.

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 39,278 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 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€77,830€164,178▲
Fixed assets21/28€19,428€77,258▲
Tangible fixed assets22/27€19,428€77,258▲
Furniture and vehicles24€19,428€77,258▲
Current assets29/58€58,403€86,920▲
Amounts receivable within one year40/41€105€11,113▲
Trade receivables40-€11,008
Other amounts receivable41€105€105=
Cash at bank and in hand54/58€57,524€74,882▲
Deferred charges and accrued income490/1€774€925▲
Equity and liabilities
Total equity and liabilities10/49€77,830€164,178▲
Equity10/15€32,404€62,021▲
Contributions10/11€2,500€2,500=
Reserves13€25,000€50,000▲
Distributable reserves133€25,000€50,000▲
Profit (loss) carried forward14€4,904€9,521▲
Amounts payable17/49€45,426€102,158▲
Amounts payable after more than one year17€10,596€49,371▲
Financial debts170/4€10,596€49,371▲
Amounts payable within one year42/48€34,830€52,786▲
Current portion of amounts payable after more than one year42€4,472€20,199▲
Trade debts44€845€4,683▲
Suppliers440/4€845€4,683▲
Taxes, remuneration and social security45€15,887€24,469▲
Taxes450/3€15,887€24,469▲
Other amounts payable47/48€13,625€3,435▼
Income statement Code20242025
Non-recurring operating income76A-€1,398
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,572€9,903▲
Other operating charges640/8€1,154€1,212▲
Non-recurring operating charges66A-€2,311
Gross operating margin9900€45,167€53,070▲
Operating profit (loss)9901€38,440€39,645▲
Financial income75/76B€6€36▲
Recurring financial income75€6€36▲
Financial charges65/66B€192€1,438▲
Recurring financial charges65€192€1,438▲
Profit (loss) for the period before taxes9903€38,254€38,242=
Income taxes67/77€8,350€8,626▲
Profit (loss) for the period9904€29,904€29,616▼
Profit (loss) for the period to be appropriated9905€29,904€29,616▼
Appropriation of the result
Profit (loss) to be appropriated9906€29,904€34,521▲
Profit (loss) brought forward from the previous period14P-€4,904
Transfer to equity691/2€25,000€25,000=
To other reserves6921€25,000€25,000=

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Non-recurring operating income76A-€1,398-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,572€9,903▲ 77.7%
Other operating charges640/8€1,154€1,212▲ 5.0%
Non-recurring operating charges66A-€2,311-
Gross operating margin9900€45,167€53,070▲ 17.5%
Operating profit (loss)9901€38,440€39,645▲ 3.1%
Financial income75/76B€6€36▲ 528%
Recurring financial income75€6€36▲ 528%
Financial charges65/66B€192€1,438▲ 650%
Recurring financial charges65€192€1,438▲ 650%
Profit (loss) for the period before taxes9903€38,254€38,242=
Income taxes67/77€8,350€8,626▲ 3.3%
Profit (loss) for the period9904€29,904€29,616▼ 1.0%
Profit (loss) for the period to be appropriated9905€29,904€29,616▼ 1.0%
Line20242025Change
Assets
Total assets20/58€77,830€164,178▲ 111%
Fixed assets21/28€19,428€77,258▲ 298%
Tangible fixed assets22/27€19,428€77,258▲ 298%
Furniture and vehicles24€19,428€77,258▲ 298%
Current assets29/58€58,403€86,920▲ 48.8%
Amounts receivable within one year40/41€105€11,113▲ 106×
Trade receivables40-€11,008-
Other amounts receivable41€105€105=
Cash at bank and in hand54/58€57,524€74,882▲ 30.2%
Deferred charges and accrued income490/1€774€925▲ 19.5%
Equity and liabilities
Total equity and liabilities10/49€77,830€164,178▲ 111%
Equity10/15€32,404€62,021▲ 91.4%
Contributions10/11€2,500€2,500=
Reserves13€25,000€50,000▲ 100%
Distributable reserves133€25,000€50,000▲ 100%
Profit (loss) carried forward14€4,904€9,521▲ 94.1%
Amounts payable17/49€45,426€102,158▲ 125%
Amounts payable after more than one year17€10,596€49,371▲ 366%
Financial debts170/4€10,596€49,371▲ 366%
Amounts payable within one year42/48€34,830€52,786▲ 51.6%
Current portion of amounts payable after more than one year42€4,472€20,199▲ 352%
Trade debts44€845€4,683▲ 454%
Suppliers440/4€845€4,683▲ 454%
Taxes, remuneration and social security45€15,887€24,469▲ 54.0%
Taxes450/3€15,887€24,469▲ 54.0%
Other amounts payable47/48€13,625€3,435▼ 74.8%
Line20242025Change
Profit (loss) for the period9904€29,904€29,616▼ 1.0%
+ Depreciation and write-downs630€5,572€9,903▲ 77.7%
Operating cash flow (approximation)€35,477€39,519▲ 11.4%
Investment in fixed assets (approximation)--€67,733-
Change in cash-€17,358-

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 (2)
Financial year Type Filed Reference
31-12-2025 micro format 29-06-2026 2026-00215601
31-12-2024 micro format 23-06-2025 2025-00164916

Similar companies · same sector, comparable size

Of the 24,206 active companies whose main activity is other business support services (NACE 82990), figures are known for 9,722. 7,305 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.

Directors

Directors
1 director, no change since 2023
DE CARNE Joery
Director (not named in the articles) · since 29-12-2023
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2023, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
DE CARNE Joery
  • Director (not named in the articles), from 29-12-2023 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Capital over the years
  1. 29-12-2023 Incorporation · €2,500 · 100 shares

Group and network

Connections & network

1 current director
Depth

The board mandates are listed below; here you explore them as a network.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Board mandates elsewhere

1 board mandate
Board mandates of this companythis company sits on their board1
1 location

History

StarterStudio was incorporated on 27 December 2023 as a private limited company, with a starting capital of €2,500.12 Since 2023, DE CARNE Joery has served as director of the company.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 29-12-2023
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
29-06
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
23-06
NBB filing Annual accounts filed
financial year 2024 · micro format
2023
29-12
Gazette deed Incorporation
Appointment: DE CARNE Joery (director) · Founding capital · Bank account6 facts ▸
  • Incorporation, 21-12-2023
  • Founding capital, €2,500
  • Bank account, 2500, “bewaard in dossier op naam van de vennootschap door notaris Levi Sanders” (deed in Dutch)
  • Director appointment, DE CARNE Joery (director (not named in the articles))
  • Other provision, “verklaring geen beletsel, niet getroffen door enige maatregel die zich tegen opdracht verzet” (deed in Dutch)
  • Other provision, “Veurne, registratie oprichtingsakte” (deed in Dutch)
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded27-12-2023
Financial year end31-12
Activities, NACEBEL 2025
82990Other business support services
96999Other personal services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1003915752
Also 9925:BE1003915752
Registered 08-07-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 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

Location & real-estate footprint
Registered office, Brugge · 1 establishment unit since 2023
registered office establishment The establishment unit on the map
Ground area
65 m²
Building footprint
47 m²
Building volume
313 m³
Parcel 31803C1326/02B000, Flanders · tallest building 8.7 m. Linked by address, not a title deed.
1 establishment unit
StarterStudio
Goezeputstraat 26, 8000 BruggeOther business support services
since 2023unit no. 2.353.980.162
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
31803C1326/02B000 Flanders 65 m² 1 · 47 m² 8.7 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
StarterStudio
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, Goezeputstraat 26,8000 Brugge” (deed in Dutch)

deed of 29-12-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Natuurlijke personen of rechtspersonen, al dan niet aandeelhouder, één of meer bestuurders” (deed in Dutch)

deed of 29-12-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Saturday of June at 14:00

deed of 29-12-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Bijeenroeping bijzondere dan wel buitengewone algemene vergadering, belang van de vennootschap of aanvraag van aandeelhouders die minstens…” (deed in Dutch)
Other provision: “Oproeping algemene vergadering, vermelden agenda” (deed in Dutch)
Other provision: “Aanwending jaarlijkse nettowinst, helft gereserveerd en andere helft uitgekeerd voor zover voldaan aan wettelijke voorwaarden voor uitkering” (deed in Dutch)
Other provision: “Dagelijks bestuur, alleen dan wel gezamenlijk zoals bestuursorgaan bepaalt” (deed in Dutch)
2 more provisions in the deed, see the deed of 29-12-2023

deed of 29-12-2023