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STUDAC KORTRIJK

Active
Private limited company (pre-2019)founded 2005active for 21 yearsKarmelietenlaan(Kor) 1, 8500 Kortrijk, BelgiumKBO/BCE: BE 0871.555.787

From the official registers: KBO 20 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

STUDAC KORTRIJK has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€67,111) and a net result of €22,475. Equity has been growing by about 15% per year since 2019. Its solvency ranks better than 14% of 11,235 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow ReportCompare
STUDAC KORTRIJKActiveChecked score 55/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 31-01-2005 Normal situation
Legal form
Private limited company (pre-2019)
Registered office
Karmelietenlaan(Kor) 1, 8500 Kortrijk
Activity
Buying and selling of own real estate NACE 68110and 3 others
Establishment unit
2.145.306.042 8500 Kortrijk, since 31-01-2005
Financial year end
30 September
Peppol
Reachable since 27-03-2025
Company details

Board and ownership

Board
  • Studac International NVDirector · since 31-01-2005
  • Vandelanotte SimonDirector · since 25-01-2019
Shareholders
Board & ownership

Financial position

55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts to 30-09-2025
Gross margin
€303,821
▲ 5.5%
Turnover
≈ €540,000
estimated
Profit
€22,475
▲ 53.0%
Equity
-€67,111
▲ 25.1%
Total assets
€1.9m
▼ 10.4%
2025 accounts filed 31 days before the deadline
Filed on 30-03-2026PDF
Financials
Score breakdownraises riskCapped at 59: negative equityNegative equity -€67,111Liquidity: current ratio 1.08, cash €51,594lowers riskSize: total assets €1.9mFigures for financial year 2025 (filed on 31-03-2026)Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 48% of micro companies in real estate (NACE 68)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 21=
equity -3.5% of total assets
Liquidity 53+2
short-term debt 2.5% · cash 2.7%
Profitability 37+2
return on assets 1.2%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,628 companies, NACE 68, micro)
Last 24 months 11-2024: 0.2%lowest value 12-2024: 0.2%● unchanged vs 11-2024lowest value 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.3%▲ +0.1 percentage points vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026highest value 04-2026: 0.2%▼ -0.1 percentage points vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
No credit on open account
Liquidity is tight, with a current ratio of 1.08 (1.27 in 2024), below the usual 1.5. Short-term debt is 2.5% and cash 2.7% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 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 68, micro). It does better than 17% of them on solvency, 62% on liquidity, 33% on profitability and 78% on growth.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.9m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€67,111
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 31-03-2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.08, cash €51,594
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 11235 sector peers (2025).
NBB · sector comparison
Position among 11235 sector peers
Solvency
better than 14%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-03-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 days early
2024
91 days early
2023
41 days early
2022
10 days early
2021
43 days early
2020
3 days early
2019
36 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 36 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 21 March (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end01-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€67,111 View
  • Caution: Less equity than 89% of companies in real estatesector median €301,692 · 11,240 companies -€67,111 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Documents

Annual accounts at the NBB

All 20 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about STUDAC KORTRIJK

What is the company number of STUDAC KORTRIJK?
The company number of STUDAC KORTRIJK is 0871.555.787. The VAT number is the same number with BE in front: BE 0871.555.787.
Where is STUDAC KORTRIJK based?
The registered office is at Karmelietenlaan(Kor) 1, 8500 Kortrijk.Company details
What does STUDAC KORTRIJK do?
According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
What is the legal form of STUDAC KORTRIJK?
The legal form of STUDAC KORTRIJK is Private limited company (pre-2019) (BVBA).
When was STUDAC KORTRIJK founded?
STUDAC KORTRIJK was founded on 31-01-2005.
Is STUDAC KORTRIJK still active?
Yes, STUDAC KORTRIJK is an active enterprise in the KBO register.
What is the turnover of STUDAC KORTRIJK?
The turnover in financial year 2025 is ≈ €540,000. This figure is estimated from the gross margin of €303,821 and 42 comparable companies (NACE 681). It probably lies between €410,000 and €890,000.Financials
Is STUDAC KORTRIJK profitable?
In financial year 2025, STUDAC KORTRIJK made a profit of €22,475.
Where can I find the annual accounts of STUDAC KORTRIJK?
STUDAC KORTRIJK filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of STUDAC KORTRIJK due?
STUDAC KORTRIJK must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

Companies linked to STUDAC KORTRIJK

Comparable companies

These companies have the same main activity as STUDAC KORTRIJK: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €1.4m and €3.2m, founded between 2002 and 2010.

CompanyTotal assetsGross margin
STUDAC KORTRIJK Kortrijk€1.9m€0.3m
S.T.C. CONSULT Visé€1.6m€0.3m
EMTIMAX Waregem€1.8m€0.2m
IMMO LEYN Zelzate€1.4m€0.3m
ART & CRAFT INVEST Gent€1.7m€0.3m
BETOLA Diepenbeek€2.6m€0.6m
TOP Bree€3.2m€0.2m
Full comparison

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