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STUDIBO HOLDING

Active Risk: not assessed
Private limited companyfounded 20251 yr activeGuldensporenpark 66, 9820 Merelbeke-Melle, BelgiumKBO/BCE: BE 1018.555.329
Summary

STUDIBO HOLDING has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €62.7m and a net result of -€720,727. Its solvency ranks better than 55% of 3221 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
Founded in 2025, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
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 16-07-2026, 15 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
15 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · 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

History

STUDIBO HOLDING was incorporated on 10 January 2025 as a Private limited company by ILC Newco XV B.V., with a starting capital of EUR 1.12 In 2025 the company took the name STUDIBO HOLDING.3 The registered office moved to Gent in 2025 and to Merelbeke in 2025.34 Between 2025 and 2026 the capital was increased 11 times.567 The board currently has 7 members; HAGENOUW Bastiaan Frederik Rudolf has served longest, since 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 14-01-2025
  3. 3Belgian State Gazette, 19-02-2025
  4. 4Belgian State Gazette, 03-11-2025
  5. 5Belgian State Gazette, 18-02-2025
  6. 6Belgian State Gazette, 16-07-2026
  7. 7Belgian State Gazette, 10-08-2026

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Financials · fiscal year 2025, full schema

Turnover
€2.1m
EBIT margin
-5.4%
Net result
-€720,727
Working capital
€383,689
Balance-sheet composition
Assets €106.1m
Fixed assets €102.9m
Current assets €3.2m
Equity and liabilities €106.1m
Equity €62.7m
Debt €43.5m
Debt finances 40.9% of the balance-sheet total.
Key figures and ratios
2025 value
ROE
-1.1%
ROA
-0.7%
Debt ≤ 1 year
€2.8m
Debt > 1 year
€39.8m
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 53 lines
Balance sheet Code2025
Assets
Total assets20/58€106.1m
Fixed assets21/28€102.9m
Tangible fixed assets22/27€154,669
Furniture and vehicles24€56,127
Other tangible fixed assets26€98,542
Financial fixed assets28€102.8m
Affiliated companies280/1€102.8m
Participating interests280€38.1m
Amounts receivable281€64.7m
Current assets29/58€3.2m
Stocks and contracts in progress3€0
Amounts receivable within one year40/41€2.6m
Trade receivables40€1.1m
Other amounts receivable41€1.5m
Cash at bank and in hand54/58€546,607
Deferred charges and accrued income490/1€91,068
Equity and liabilities
Total equity and liabilities10/49€106.1m
Equity10/15€62.7m
Contributions10/11€63.4m
Profit (loss) carried forward14-€720,727
Amounts payable17/49€43.5m
Amounts payable after more than one year17€39.8m
Financial debts170/4€39.8m
Credit institutions173€39.8m
Amounts payable within one year42/48€2.8m
Current portion of amounts payable after more than one year42€2.5m
Trade debts44€205,712
Suppliers440/4€205,712
Taxes, remuneration and social security45€122,949
Taxes450/3€122,949
Accrued charges and deferred income492/3€838,329
Income statement Code2025
Operating income70/76A€2.1m
Turnover70€2.1m
Operating charges60/66A€2.2m
Goods for resale, raw materials and consumables60€669,664
Purchases600/8€669,664
Services and other goods61€1.5m
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,836
Other operating charges640/8€509
Operating profit (loss)9901-€112,043
Financial income75/76B€1.2m
Recurring financial income75€1.2m
Income from financial fixed assets750€1.1m
Income from current assets751€95,159
Other financial income752/9€131
Financial charges65/66B€1.8m
Recurring financial charges65€1.8m
Debt charges650€1.8m
Other financial charges652/9€2,301
Profit (loss) for the period before taxes9903-€720,727
Profit (loss) for the period9904-€720,727
Profit (loss) for the period to be appropriated9905-€720,727
Appropriation of the result
Profit (loss) to be appropriated9906-€720,727

The notes to these accounts (53 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Operating income70/76A€2.1m
Turnover70€2.1m
Operating charges60/66A€2.2m
Goods for resale, raw materials and consumables60€669,664
Purchases600/8€669,664
Services and other goods61€1.5m
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,836
Other operating charges640/8€509
Operating profit (loss)9901-€112,043
Financial income75/76B€1.2m
Recurring financial income75€1.2m
Income from financial fixed assets750€1.1m
Income from current assets751€95,159
Other financial income752/9€131
Financial charges65/66B€1.8m
Recurring financial charges65€1.8m
Debt charges650€1.8m
Other financial charges652/9€2,301
Profit (loss) for the period before taxes9903-€720,727
Profit (loss) for the period9904-€720,727
Profit (loss) for the period to be appropriated9905-€720,727
Line2025
Assets
Total assets20/58€106.1m
Fixed assets21/28€102.9m
Tangible fixed assets22/27€154,669
Furniture and vehicles24€56,127
Other tangible fixed assets26€98,542
Financial fixed assets28€102.8m
Affiliated companies280/1€102.8m
Participating interests280€38.1m
Amounts receivable281€64.7m
Current assets29/58€3.2m
Stocks and contracts in progress3€0
Amounts receivable within one year40/41€2.6m
Trade receivables40€1.1m
Other amounts receivable41€1.5m
Cash at bank and in hand54/58€546,607
Deferred charges and accrued income490/1€91,068
Equity and liabilities
Total equity and liabilities10/49€106.1m
Equity10/15€62.7m
Contributions10/11€63.4m
Profit (loss) carried forward14-€720,727
Amounts payable17/49€43.5m
Amounts payable after more than one year17€39.8m
Financial debts170/4€39.8m
Credit institutions173€39.8m
Amounts payable within one year42/48€2.8m
Current portion of amounts payable after more than one year42€2.5m
Trade debts44€205,712
Suppliers440/4€205,712
Taxes, remuneration and social security45€122,949
Taxes450/3€122,949
Accrued charges and deferred income492/3€838,329
Line2025
Profit (loss) for the period9904-€720,727
+ Depreciation and write-downs630€5,836
Operating cash flow (approximation)-€714,891

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

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Timeline · acts, filings and financial milestones

2026
10-08
State Gazette act Capital & shares · Statutes amendment
Auditor report · Share issue · Capital increase6 facts ▸
  • Board meeting, bestuursorgaan
  • Auditor report, 17-07-2026
  • Share issue, B, 1038050
  • Statutes amendment, 5
  • Other statement, commissaris, auditor appointment
  • Capital increase, €2.335.620
16-07
State Gazette act Capital & shares · Statutes amendment
Capital increase · Capital · Shareholding5 facts ▸
  • Board meeting, 06-07-2026
  • Capital increase
  • Capital
  • Statutes amendment
  • Shareholding, 41376191, A
16-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
29-06
State Gazette act Statutes amendment
Approval · Capital increase · Capital9 facts ▸
  • General meeting
  • Approval
  • Capital increase, €7.127.750
  • Capital increase, €65.000
  • Statutes amendment
  • Capital
  • Statutes amendment
  • Capital increase condition, B-aandelen, 32500
  • Auditor report, 10-06-2026, Merelbeke-Melle
11-03
State Gazette act Appointments: MAKAVE (day-to-day manager) and BDO Bedrijfsrevisoren BV (statutory auditor)
Permanent representatives: Karel Verhaeghe and Sam Vander Vennet · Share issue · Capital8 facts ▸
  • Board meeting, 08-12-2025
  • General meeting, 29-01-2026
  • Share issue, Uitoefening van inschrijvingsrechten; aandelen niet volgestort bij uitgifte, 6363538
  • Capital
  • Director appointment, MAKAVE (day-to-day manager)
  • Permanent representative, Karel Verhaeghe
  • Auditor appointment, BDO Bedrijfsrevisoren BV
  • Permanent representative, Sam Vander Vennet
2025
03-11
State Gazette act Registered office · Statutes amendment
Approval · Capital increase · Capital7 facts ▸
  • General meeting
  • Approval, goedkeuring van het bijzonder verslag van het bestuursorgaan over de inbreng in natura
  • Capital increase, €4.129.816,75
  • Capital increase, €469.875
  • Capital
  • Registered-office move, 9820 Merelbeke, Guldensporenpark 66
  • Board meeting, 13-10-2025
15-10
State Gazette act Statutes amendment
Share issue3 facts ▸
  • Board meeting, 06-10-2025
  • Share issue, Uitgifte van nieuwe aandelen tegen inbreng in geld van € 1,00 per aandeel (4.035.230 aandelen voor € 4.035.230,00 en 873.809 aandelen voor € 873.809,00). Aandel…
  • Statutes amendment
22-07
State Gazette act Statutes amendment
Approval · Capital increase5 facts ▸
  • General meeting, 10-07-2025
  • Approval, inbreng in natura
  • Capital increase, €3.875.000,5
  • Capital increase, €110.000,25
  • Statutes amendment
16-07
State Gazette act Statutes amendment
Approval · Capital increase · Share issue5 facts ▸
  • General meeting, 01-07-2025
  • Approval, inbreng in natura
  • Capital increase, €165.000
  • Share issue, nieuwe aandelen, 117857
  • Statutes amendment
30-06
State Gazette act Miscellaneous
Approval · Capital increase · Statutes amendment5 facts ▸
  • General meeting, 23-06-2025
  • Approval, bijzonder verslag van het bestuursorgaan, inbreng in natura
  • Capital increase, €225.000
  • Capital increase, €250.000
  • Statutes amendment, Artikel 5
14-05
State Gazette act Statutes amendment · Miscellaneous
Share issue2 facts ▸
  • Share issue, 662653, 1.0
  • Statutes amendment, 5
12-05
State Gazette act Statutes amendment
Approval · Capital increase · Capital5 facts ▸
  • General meeting, 17/04/2025
  • Approval, verslag van het bestuursorgaan en van de bedrijfsrevisor, inbreng in natura
  • Capital increase, €754.585
  • Statutes amendment
  • Capital
Show earlier events
05-05
State Gazette act Statutes amendment · Miscellaneous
Share issue · Capital3 facts ▸
  • Board meeting, 17-04-2025
  • Share issue, subscription rights exercise, 3064770
  • Capital
03-04
State Gazette act Resignation: TILLSTACO (director)
Appointment: PERTILL (director) · Permanent representatives: VAN WAES Piet Joseph Dianne Cornelius, DECLERCK Siebrecht Georges Josephina and 2 others · Reappointments: RACCA Matteo Antonio, HAGENOUW Bastiaan Frederik Rudolf and 4 others17 facts ▸
  • General meeting, 21-03-2025
  • Approval, inbreng in natura
  • Capital increase, €4.000.000
  • Capital, €44.793.394
  • Statutes amendment
  • Director resignation, TILLSTACO (director)
  • Director appointment, PERTILL (director)
  • Permanent representative, VAN WAES Piet Joseph Dianne Cornelius
  • Director reappointment, RACCA Matteo Antonio (icelake bestuurder)
  • Director reappointment, HAGENOUW Bastiaan Frederik Rudolf (icelake bestuurder)
  • Director reappointment, SIGIS (icelake bestuurder)
  • Permanent representative, DECLERCK Siebrecht Georges Josephina
  • +5 further facts in this act
19-02
State Gazette act Reappointments: RACCA Matteo Antonio, HAGENOUW Bastiaan Frederik Rudolf and SIGIS
Appointments: TILLSTACO, ASB PROJECTS and CARA · Permanent representatives: DECLERCK Siebrecht Georges Josephina, VAN WAES Piet Joseph Dianne Cornelius and 2 others · Approval21 facts ▸
  • General meeting, 03-02-2025
  • Approval, inbreng in geld en inbreng in natura
  • Capital increase, €12.521.490
  • Share issue, inschrijvingsrechten, 15000000
  • Name change, STUDIBO HOLDING
  • Registered-office move, Ottergemsesteenweg-Zuid 808, Bus B214, 9000 Gent
  • Statutes amendment
  • Director reappointment, RACCA Matteo Antonio (icelake bestuurder)
  • Director reappointment, HAGENOUW Bastiaan Frederik Rudolf (icelake bestuurder)
  • Director reappointment, SIGIS (icelake bestuurder)
  • Director appointment, TILLSTACO (tillstaco bestuurder)
  • Director appointment, ASB PROJECTS (carthur bestuurder)
  • +9 further facts in this act
18-02
State Gazette act Capital & shares · Statutes amendment
Capital increase · Share issue · Capital5 facts ▸
  • General meeting, 31-01-2025
  • Capital increase, €28.271.903
  • Share issue, 28271903
  • Capital
  • Power of attorney, Ace Law BV
14-01
State Gazette act Incorporation
Appointments: RACCA Matteo Antonio, HAGENOUW Bastiaan Frederik Rudolf and SIGIS · Permanent representative: DECLERCK Siebrecht Georges Josephina · Founder12 facts ▸
  • Incorporation, 09-01-2025
  • Founder, ILC Newco XV B.V.
  • Founding capital, €1
  • Director appointment, RACCA Matteo Antonio (director)
  • Director appointment, HAGENOUW Bastiaan Frederik Rudolf (director)
  • Director appointment, SIGIS (director)
  • Permanent representative, DECLERCK Siebrecht Georges Josephina
  • Mandate compensation, RACCA Matteo Antonio
  • Mandate compensation, HAGENOUW Bastiaan Frederik Rudolf
  • Mandate compensation, SIGIS
  • Power of attorney, Ace Law BV
  • Power of attorney, AdMinisterie BV
State Gazette actNBB filing
16 of 19 acts read
About the unread acts

Of the 19 Belgian State Gazette acts we know for this company, 16 have been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
6 directors, 2 in day-to-day management, last change in 2025

Board 6

HAGENOUW Bastiaan Frederik Rudolf
Icelake bestuurder · since 09-01-2025
Current
RACCA Matteo Antonio
Icelake bestuurder · since 09-01-2025
Current
SIGIS
Icelake bestuurder · since 09-01-2025 · Private limited company · perm. rep.: DECLERCK Siebrecht Georges Josephina
Current
ASB PROJECTS
Carthur bestuurder · since 03-02-2025 · Private limited company · perm. rep.: FEYS Bart
Current
CARA
Studibo bestuurder · since 03-02-2025 · Private limited company · perm. rep.: CAEYERS Johan Constance Jozef
Current
PerTill
Director · since 21-03-2025 · Private limited company · perm. rep.: VAN WAES Piet Joseph Dianne Cornelius
Current

Day-to-day management 2

Management Karel Verhaeghe
Day-to-day manager · since 08-12-2025 · Private limited company · perm. rep.: Karel Verhaeghe
Current
MAKAVE
Day-to-day manager · since 11-03-2026 · Legal entity · from a recent act
Current

Permanent representatives 5

DECLERCK Siebrecht Georges Josephina
Permanent representative · since 09-01-2025 · for SIGIS
Current
CAEYERS Johan Constance Jozef
Permanent representative · since 03-02-2025 · for CARA
Current
FEYS Bart
Permanent representative · since 03-02-2025 · for ASB PROJECTS
Current
VAN WAES Piet Joseph Dianne Cornelius
Permanent representative · since 21-03-2025 · for PerTill
Current
Karel Verhaeghe
Permanent representative · since 08-12-2025 · for Management Karel Verhaeghe
Current

Statutory auditor 1

BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES
Auditor · since 29-01-2026 · perm. rep.: Sam Vander Vennet
Current
"From a recent act": read from a Gazette act not yet processed into our list of directors.
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
3 of this company's 19 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Merelbeke-Melle · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
3.0 ha
Building footprint
1,409 m²
Volume, LiDAR
28,452 m³
Parcel 44043A0411/00H000, Flanders · tallest building 23.5 m, ±7 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
STUDIBO HOLDING
Guldensporenpark 66, 9820 Merelbeke-MelleActivities of holding companies
since 20252.370.635.161
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44043A0411/00H000 Flanders 3.0 ha 1 · 1,409 m² 23.4 m · 7 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

10 people since 2025, 9 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
Mandates per person, with start and end dates
Name Functions and periods
HAGENOUW Bastiaan Frederik Rudolf
  • Director, from 09-01-2025 to date
RACCA Matteo Antonio
  • Director, from 09-01-2025 to date
SIGIS
  • Director, from 09-01-2025 to date
ASB PROJECTS
  • Carthur bestuurder, from 03-02-2025 to date
CARA
  • Studibo bestuurder, from 03-02-2025 to date
PerTill
  • Director, from 21-03-2025 to date
Management Karel Verhaeghe
  • Day-to-day manager, from 08-12-2025 to date
MAKAVEfrom an act
  • Day-to-day manager, from 11-03-2026 to date
BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES
  • Auditor, from 29-01-2026 to date
TillStaCo
  • Tillstaco bestuurder, from 03-02-2025 to 21-03-2025
See the board, name and seat on a given date →

Articles of association

Purpose
Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; ... Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend patrimonium; ... Het…
Full purpose

Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; ... Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend patrimonium; ... Het toestaan van leningen, voorschotten en kredietopeningen; ... Administratie, consultancy en managementactiviteiten; ... Het beheren en verwerven van participaties.

Structure & network

Owners and holdings

1 holding · 24 subsidiaries in the tree

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

All subsidiaries, including indirect ones 24

Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.

According to the 2025 annual accounts of STUDIBO HOLDING and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

5 connected companies

Capital and shareholders

Shareholders according to the acts
Stated in the act act of 16-07-2026 ↗
  • Icelake 41,376,191 shares
At incorporation act of 14-01-2025 ↗

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 10-08-2026 Capital increase of 2,335,620 EUR · 1,038,050 new shares · in kind
  2. 16-07-2026 Capital increase · 1,394,285 new shares
  3. 29-06-2026 Capital increase of 7,127,750 EUR · 3,563,874 new shares · in kind
  4. 29-06-2026 Capital increase of 65,000 EUR · 32,500 new shares · in cash
  5. 11-03-2026 Capital stated in the act · 66,046,369 shares
  6. 03-11-2025 Capital increase of 4,129,816.75 EUR · 2,359,895 new shares · in kind
  7. 03-11-2025 Capital increase of 469,875 EUR · 268,495 new shares · in cash
  8. 22-07-2025 Capital increase of 3,875,000.50 EUR · 2,214,286 new shares · in kind
Show 10 older capital entries
  1. 22-07-2025 Capital increase of 110,000.25 EUR · 62,857 new shares · in cash
  2. 16-07-2025 Capital increase of 165,000 EUR · 117,857 new shares · in kind
  3. 30-06-2025 Capital increase of 225,000 EUR · 225,000 new shares
  4. 30-06-2025 Capital increase of 250,000 EUR · 250,000 new shares
  5. 12-05-2025 Capital increase of 754,585 EUR · 754,585 new shares · in kind
  6. 05-05-2025 Capital stated in the act · 47,858,164 shares
  7. 03-04-2025 Capital increase of 4,000,000 EUR · 4,000,000 new shares · in kind
  8. 19-02-2025 Capital increase of 12,521,490 EUR · 12,521,490 new shares
  9. 18-02-2025 Capital increase of 28,271,903 EUR · 28,271,903 new shares
  10. 14-01-2025 Incorporation · 1 EUR · 1 share

Recognitions · licences · registrations

Legal Entity Identifier

64885E6FRKGP02364C67
live in the LEI register

Similar companies · same sector, comparable size

Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 1,641 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded10-01-2025
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
82100Office administrative and support services
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1018555329
Registered 16-10-2025

Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.