STUDIEBURO George
ActiveSummary
STUDIEBURO George has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €82k and a net result of €130k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 22% of 9460 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency46▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.53 against 1.75 in 2024; short-term debt: 34.3% and cash: 58% of total assets), but 79% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
21%
Return on assets
33.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 9460 sector peers (2025).
NBB · sector comparisonPosition among 9460 sector peers
Solvency
better than 22%
← weakest
strongest →
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 01-07-2026, 30 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
30 d early
2024
24 d early
2023
28 d early
2022
20 d early
2021
34 d early
2020
7 d early
2019
28 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€82k▼ 8.5%
2024 · €89k
2018: €59k
2019: €98k
2020: €98k
2021: €99k
2022: €99k
2023: €99k
2024: €89k
2018 → 2025
Total assets
€390k▲ 3.9%
2024 · €376k
2018: €120k
2019: €142k
2020: €277k
2021: €198k
2022: €252k
2023: €345k
2024: €376k
2018 → 2025
Net result
€130k▲ 19.5%
2024 · €109k
2018: €22k
2019: €39k
2020: €61k
2021: €48k
2022: €70k
2023: €102k
2024: €109k
2018 → 2025
Working capital
€205k▲ 54.3%
2024 · €133k
2018: €88k
2019: €118k
2020: €102k
2021: €83k
2022: €98k
2023: €154k
2024: €133k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€99k-€99k▲ 0.1%€99k=€89k▼ 9.4%€82k▼ 8.5%
Operating result€68k-€98k▲ 44.3%€144k▲ 46.8%€155k▲ 7.7%€184k▲ 18.8%
Net result€48k-€70k▲ 44.1%€102k▲ 46.7%€109k▲ 6.5%€130k▲ 19.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 19% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €390k
Fixed assets
€52k ▼ 20.7%
Current assets
€338k ▲ 9.0%
Equity and liabilities €390k
Equity
€82k ▼ 8.5%
Debt
€308k ▲ 7.8%
Debt's share of the balance-sheet total rises from 76.2% to 79.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€200k▲
2024 · €164k
Cash flow
€146k▲
2024 · €117k
Current ratio
2.53▲
2024 · 1.75
Debt to equity
3.77▲
2024 · 3.20
ROE
158.9%▲
2024 · 121.6%
ROA
33.3%▲
2024 · 28.9%
Interest coverage
30.78▲
2024 · 21.48
Debt ≤ 1 year
€134k▼
2024 · €178k
Debt > 1 year
€168k▲
2024 · €100k
Income taxes
€48k▲
2024 · €39k
Staff costs
€132k▲
2024 · €102k
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 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€376k€390k▲
Fixed assets21/28€65k€52k▼
Tangible fixed assets22/27€65k€52k▼
Plant, machinery and equipment23€3k€963▼
Furniture and vehicles24€62k€51k▼
Current assets29/58€310k€338k▲
Amounts receivable within one year40/41€138k€101k▼
Trade receivables40€132k€78k▼
Other amounts receivable41€6k€23k▲
Cash at bank and in hand54/58€163k€226k▲
Deferred charges and accrued income490/1€10k€11k▲
Equity and liabilities
Total equity and liabilities10/49€376k€390k▲
Equity10/15€89k€82k▼
Contributions10/11€25k€25k=
Reserves13€59k€56k▼
Tax-exempt reserves132€17k€17k=
Distributable reserves133€41k€39k▼
Profit (loss) carried forward14€6k€422▼
Amounts payable17/49€286k€308k▲
Amounts payable after more than one year17€100k€168k▲
Other amounts payable178/9€100k€168k▲
Amounts payable within one year42/48€178k€134k▼
Trade debts44€5k€15k▲
Suppliers440/4€5k€15k▲
Taxes, remuneration and social security45€43k€91k▲
Taxes450/3€30k€64k▲
Remuneration and social security454/9€13k€26k▲
Other amounts payable47/48€129k€28k▼
Accrued charges and deferred income492/3€9k€7k▼
Income statement
Code20242025
Non-recurring operating income76A€17k-
Remuneration, social security and pensions62€102k€132k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€16k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€268k€334k▲
Operating profit (loss)9901€155k€184k▲
Financial income75/76B€2€6▲
Recurring financial income75€2€6▲
Financial charges65/66B€8k€7k▼
Recurring financial charges65€8k€7k▼
Profit (loss) for the period before taxes9903€148k€178k▲
Income taxes67/77€39k€48k▲
Profit (loss) for the period9904€109k€130k▲
Profit (loss) for the period to be appropriated9905€109k€130k▲
Appropriation of the result
Profit (loss) to be appropriated9906€111k€135k▲
Profit (loss) brought forward from the previous period14P€2k€6k▲
Transfer from equity791/2€13k€3k▼
Profit to be distributed694/7€118k€138k▲
Return on contributions (dividend)694€118k€138k▲
The notes to these accounts (7 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
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €130k ▲19.5%
Operating result €184k, net result €130k, both a record.
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Wevelgem · 1 establishment unit since 2016
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.
Lode De Boningestraat 328560 WevelgemGround area
135 m²
Building footprint
133 m²
Volume, LiDAR
1,067 m³
Parcel 34302B0700/00V000, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
STUDIEBURO GEORGE
since 20162.248.963.608
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34302B0700/00V000 | Flanders | 135 m² | 1 · 133 m² | 11.9 m · 3 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 881 EUR awarded · 881 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 354 EUR |
| 2024 | 1 | 813 EUR | 459 EUR |
| 2023 | 1 | 68 EUR | 68 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 2,264 companies in sector 71113 we hold annual accounts for 658. 551 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
Founded02-12-2015
Fiscal year end31-12
Abbreviation NL
SBG
Activities, NACEBEL 2025
71111Activities of building architects
71113Urban planning and landscape architecture
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.