STUDENTSTATION
ActiveSummary
STUDENTSTATION has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-856k) and a net result of €-261k. Equity is shrinking by ~56.3% per year across the filed fiscal years. Its solvency ranks better than 9% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
42
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability17▼-3
Solvency0▼-5
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.04 against 0.14 in 2024; short-term debt: 12.6% and cash: 0.3% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · 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 2025Solvency, return and age of the figures
Solvency
-31.8%
Return on assets
-9.7%
Age of the figures
13 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-856k
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 03-03-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
26 d early
2023
2 d late
2022
on the day
2021
on the day
2020
13 d late
2019
15 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-08-2026 and is due by 31-03-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-08-2026 close24-09-2026 today31-03-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-856k▼ 43.9%
2024 · €-595k
2019: €328k
2020: €160k
2021: €-19k
2022: €-182k
2023: €-360k
2024: €-595k
2019 → 2025
Total assets
€2.69M▼ 10.3%
2024 · €3.00M
2019: €4.16M
2020: €3.88M
2021: €3.63M
2022: €3.43M
2023: €3.19M
2024: €3.00M
2019 → 2025
Net result
€-261k▼ 11.1%
2024 · €-235k
2019: €-216k
2020: €-168k
2021: €-179k
2022: €-162k
2023: €-178k
2024: €-235k
2019 → 2025
Working capital
€-326k▼ 16.6%
2024 · €-280k
2019: €-136k
2020: €-150k
2021: €-136k
2022: €-172k
2023: €-183k
2024: €-280k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-19k-€-182k▼ 833%€-360k▼ 98.1%€-595k▼ 65.3%€-856k▼ 43.9%
Operating result€-101k-€-112k▼ 11.3%€-114k▼ 1.1%€-132k▼ 16.0%€-162k▼ 22.9%
Net result€-179k-€-162k▲ 9.6%€-178k▼ 9.9%€-235k▼ 31.9%€-261k▼ 11.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €162k in 2025 against €132k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.69M
Fixed assets
€2.68M ▼ 9.4%
Current assets
€14k ▼ 69.0%
Key figures and ratios
EBITDA
€120k▼
2024 · €137k
Cash flow
€21k▼
2024 · €34k
Solvency
-31.8%▼
2024 · -19.8%
Current ratio
0.04▼
2024 · 0.14
Debt to equity
-4.14▲
2024 · -6.04
ROA
-9.7%▼
2024 · -7.8%
Interest coverage
1.21▼
2024 · 1.33
Debt
€3.55M▼
2024 · €3.59M
Debt ≤ 1 year
€340k▲
2024 · €325k
Debt > 1 year
€3.18M▼
2024 · €3.24M
Income taxes
€279▲
2024 · €221
Staff costs
€73k▲
2024 · €66k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.00M€2.69M▼
Fixed assets21/28€2.95M€2.68M▼
Intangible fixed assets21€17k€9k▼
Tangible fixed assets22/27€2.92M€2.65M▼
Land and buildings22€2.87M€2.62M▼
Furniture and vehicles24€50k€35k▼
Other tangible fixed assets26€2k€888▼
Financial fixed assets28€16k€16k=
Current assets29/58€45k€14k▼
Amounts receivable within one year40/41€35k€1k▼
Trade receivables40€33k€0▼
Other amounts receivable41€1k€1k▲
Cash at bank and in hand54/58€7k€8k▲
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€3.00M€2.69M▼
Equity10/15€-595k€-856k▼
Contributions10/11€2.50M€2.50M=
Profit (loss) carried forward14€-3.09M€-3.36M▼
Amounts payable17/49€3.59M€3.55M▼
Amounts payable after more than one year17€3.24M€3.18M▼
Financial debts170/4€1.96M€1.83M▼
Other amounts payable178/9€1.28M€1.35M▲
Amounts payable within one year42/48€325k€340k▲
Current portion of amounts payable after more than one year42€136k€142k▲
Trade debts44€179k€185k▲
Suppliers440/4€179k€185k▲
Taxes, remuneration and social security45€9k€13k▲
Taxes450/3€221€279▲
Remuneration and social security454/9€9k€13k▲
Accrued charges and deferred income492/3€26k€26k▲
Income statement
Code20242025
Remuneration, social security and pensions62€66k€73k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€269k€282k▲
Other operating charges640/8€47k€32k▼
Gross operating margin9900€250k€225k▼
Operating profit (loss)9901€-132k€-162k▼
Financial income75/76B€27€35▲
Recurring financial income75€27€35▲
Financial charges65/66B€103k€99k▼
Recurring financial charges65€103k€99k▼
Profit (loss) for the period before taxes9903€-235k€-261k▼
Income taxes67/77€221€279▲
Profit (loss) for the period9904€-235k€-261k▼
Profit (loss) for the period to be appropriated9905€-235k€-261k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-3.09M€-3.36M▼
Profit (loss) brought forward from the previous period14P€-2.86M€-3.09M▼
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-08
Financial
Weakest financial yearnet €-261k
Net result drops to €-261k, the lowest in the series.
05-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
2023
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
13-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
16-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
22-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 53 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Liège · 1 establishment unit since 2013
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.
Rue Pouplin 64000 LiègeGround area
1,209 m²
Building footprint
472 m²
Volume, LiDAR
6,283 m³
Parcel 62813E0242/03A000, Wallonia · tallest building 16.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
STUDENTSTATION
since 20132.226.113.970
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62813E0242/03A000 | Wallonia | 1,209 m² | 1 · 472 m² | 16.2 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLiège2.226.113.970
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DS LOCATION
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Of 9,140 companies in sector 68201 we hold annual accounts for 6,769. 4,648 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-12-2013
Fiscal year end31-08
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.