StudiJoos
ActiveSummary
The annual accounts of StudiJoos for fiscal year 2025 show a net loss of 52% of the equity at the start of that year. The 2025 annual accounts show equity of €26k and a net result of €-28k. Equity is shrinking by ~20.8% per year across the filed fiscal years. Its solvency ranks better than 12% of 7838 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability5▼-71
Solvency35▼-19
Growth55=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.49 against 0.15 in 2024; short-term debt: 90% and cash: 5.1% of total assets), and 90% of the assets are financed with debt.
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
10%
Return on assets
-10.7%
Age of the figures
9 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 · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-28k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 7838 sector peers (2025).
NBB · sector comparisonPosition among 7838 sector peers
Solvency
better than 12%
← 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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
20 d late
2023
26 d late
2022
22 d late
2021
9 d late
2020
20 d late
2019
21 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€17k▲ 266%
2022 · €5k
2018: €0lowest value
2019: €0lowest value
2021: €826
2022: €5k▲ +476% vs 2021
2024: €17khighest value
2018 → 2024
EBIT margin
-36.7%▲ 79.8pp
2022 · -116.5%
2021: -1364.0%lowest value
2022: -116.5%▲ +91.5% vs 2021
2024: -36.7%highest value
2021 → 2024
Net result
€-28k▼ 318%
2024 · €-7k
2018: €37khighest in 8 years
2019: €-42k▼ -215% vs 2018
2020: €-59k▼ -39.7% vs 2019lowest in 8 years
2021: €-11k▲ +80.7% vs 2020
2022: €-6k▲ +50.1% vs 2021
2023: €-8k▼ -35.0% vs 2022
2024: €-7k▲ +14.0% vs 2023
2025: €-28k▼ -318% vs 2024
2018 → 2025
Working capital
€-118k▼ 6.6%
2024 · €-110k
2018: €150khighest in 8 years
2019: €79k▼ -47.2% vs 2018
2020: €21k▼ -73.9% vs 2019
2021: €17k▼ -18.2% vs 2020
2022: €-82k▼ -589% vs 2021
2023: €-124k▼ -51.1% vs 2022lowest in 8 years
2024: €-110k▲ +11.1% vs 2023
2025: €-118k▼ -6.6% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€826-€5k▲ 476%€17k
2021: €826lowest value
2022: €5k▲ +476% vs 2021
2024: €17khighest value
Equity€73k-€67k▼ 7.8%€60k▼ 11.4%€53k▼ 11.0%€26k▼ 51.9%
2021: €73khighest in 5 years
2022: €67k▼ -7.8% vs 2021
2023: €60k▼ -11.4% vs 2022
2024: €53k▼ -11.0% vs 2023
2025: €26k▼ -51.9% vs 2024lowest in 5 years
Operating result€-11k-€-6k▲ 50.8%€-12k▼ 113%€-6k▲ 46.0%€-29k▼ 348%
2021: €-11k
2022: €-6k▲ +50.8% vs 2021highest in 5 years
2023: €-12k▼ -113% vs 2022
2024: €-6k▲ +46.0% vs 2023
2025: €-29k▼ -348% vs 2024lowest in 5 years
Net result€-11k-€-6k▲ 50.1%€-8k▼ 35.0%€-7k▲ 14.0%€-28k▼ 318%
2021: €-11k
2022: €-6k▲ +50.1% vs 2021highest in 5 years
2023: €-8k▼ -35.0% vs 2022
2024: €-7k▲ +14.0% vs 2023
2025: €-28k▼ -318% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €29k in 2025 against €6k 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 €257k
Fixed assets
€143k ▼ 12.4%
Current assets
€114k ▲ 494%
Equity and liabilities €257k
Equity
€26k ▼ 51.9%
Debt
€232k ▲ 78.7%
Debt's share of the balance-sheet total rises from 70.9% to 90.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-8k▼
2024 · €14k
Cash flow
€-7k▼
2024 · €14k
Current ratio
0.49▲
2024 · 0.15
Debt to equity
9.05▲
2024 · 2.44
ROE
-107.8%▼
2024 · -12.4%
ROA
-10.7%▼
2024 · -3.6%
Interest coverage
-53.39▼
2024 · 62.38
Debt ≤ 1 year
€232k▲
2024 · €130k
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 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€183k€257k▲
Fixed assets21/28€164k€143k▼
Tangible fixed assets22/27€164k€143k▼
Plant, machinery and equipment23€157k€137k▼
Furniture and vehicles24€6k€6k▼
Current assets29/58€19k€114k▲
Amounts receivable within one year40/41€2k€100k▲
Trade receivables40€641€11k▲
Other amounts receivable41€2k€90k▲
Cash at bank and in hand54/58€17k€13k▼
Deferred charges and accrued income490/1-€271
Equity and liabilities
Total equity and liabilities10/49€183k€257k▲
Equity10/15€53k€26k▼
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€159k€159k=
Distributable reserves133€159k€159k=
Profit (loss) carried forward14€-125k€-152k▼
Amounts payable17/49€130k€232k▲
Amounts payable within one year42/48€130k€232k▲
Trade debts44€471€1k▲
Suppliers440/4€471€1k▲
Taxes, remuneration and social security45€6k€7k▲
Taxes450/3€0€1k▲
Remuneration and social security454/9€6k€6k=
Other amounts payable47/48€123k€223k▲
Income statement
Code20242025
Turnover70€17k-
Goods, raw materials, services and sundry goods60/61€3k€31k▲
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€20k▼
Other operating charges640/8€716€1k▲
Gross operating margin9900€15k€-7k▼
Operating profit (loss)9901€-6k€-29k▼
Financial income75/76B€7€1k▲
Recurring financial income75€7€1k▲
Financial charges65/66B€225€155▼
Recurring financial charges65€225€155▼
Profit (loss) for the period before taxes9903€-7k€-28k▼
Income taxes67/77€0-
Profit (loss) for the period9904€-7k€-28k▼
Profit (loss) for the period to be appropriated9905€-7k€-28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-125k€-152k▼
Profit (loss) brought forward from the previous period14P€-118k€-125k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €826 | €5k | - | €17k | - | - |
| Goods, raw materials, services and sundry goods60/61 | €4k | €2k | €6k | €3k | €31k | ▲ 1,070% |
| Remuneration, social security and pensions62 | €348 | - | €348 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €8k | €19k | €20k | €20k | ▼ 0.5% |
| Other operating charges640/8 | €332 | €336 | €405 | €716 | €1k | ▲ 59.3% |
| Gross operating margin9900 | €-3k | €2k | €8k | €15k | €-7k | ▼ 148% |
| Operating profit (loss)9901 | €-11k | €-6k | €-12k | €-6k | €-29k | ▼ 348% |
| Financial income75/76B | - | - | €4k | €7 | €1k | ▲ 16,122% |
| Recurring financial income75 | - | - | €4k | €7 | €1k | ▲ 16,122% |
| Financial charges65/66B | €125 | €144 | €138 | €225 | €155 | ▼ 31.1% |
| Recurring financial charges65 | €125 | €144 | €138 | €225 | €155 | ▼ 31.1% |
| Profit (loss) for the period before taxes9903 | €-11k | €-6k | €-8k | €-7k | €-28k | ▼ 318% |
| Income taxes67/77 | - | - | - | €0 | - | - |
| Profit (loss) for the period9904 | €-11k | €-6k | €-8k | €-7k | €-28k | ▼ 318% |
| Profit (loss) for the period to be appropriated9905 | €-11k | €-6k | €-8k | €-7k | €-28k | ▼ 318% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €207k | €199k | €247k | €183k | €257k | ▲ 40.7% |
| Fixed assets21/28 | €56k | €150k | €184k | €164k | €143k | ▼ 12.4% |
| Tangible fixed assets22/27 | €56k | €150k | €184k | €164k | €143k | ▼ 12.4% |
| Plant, machinery and equipment23 | €56k | €150k | €177k | €157k | €137k | ▼ 12.7% |
| Furniture and vehicles24 | €0 | €0 | €7k | €6k | €6k | ▼ 5.4% |
| Current assets29/58 | €150k | €49k | €63k | €19k | €114k | ▲ 494% |
| Amounts receivable within one year40/41 | €103k | €1k | €4k | €2k | €100k | ▲ 4,323% |
| Trade receivables40 | €101k | €260 | €40 | €641 | €11k | ▲ 1,571% |
| Other amounts receivable41 | €1k | €988 | €4k | €2k | €90k | ▲ 5,405% |
| Cash at bank and in hand54/58 | €48k | €48k | €59k | €17k | €13k | ▼ 21.9% |
| Deferred charges and accrued income490/1 | - | - | - | - | €271 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €207k | €199k | €247k | €183k | €257k | ▲ 40.7% |
| Equity10/15 | €73k | €67k | €60k | €53k | €26k | ▼ 51.9% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Outside capital11 | €19k | €19k | €19k | €19k | €19k | = |
| Other1109/19 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €159k | €159k | €159k | €159k | €159k | = |
| Distributable reserves133 | €159k | €159k | €159k | €159k | €159k | = |
| Profit (loss) carried forward14 | €-105k | €-110k | €-118k | €-125k | €-152k | ▼ 22.1% |
| Amounts payable17/49 | €134k | €131k | €187k | €130k | €232k | ▲ 78.7% |
| Amounts payable within one year42/48 | €134k | €131k | €187k | €130k | €232k | ▲ 78.7% |
| Trade debts44 | €5k | €3k | €58k | €471 | €1k | ▲ 194% |
| Suppliers440/4 | €5k | €3k | €58k | €471 | €1k | ▲ 194% |
| Taxes, remuneration and social security45 | €6k | €6k | €6k | €6k | €7k | ▲ 18.8% |
| Taxes450/3 | €0 | €11 | €0 | €0 | €1k | - |
| Remuneration and social security454/9 | €6k | €6k | €6k | €6k | €6k | = |
| Other amounts payable47/48 | €122k | €122k | €123k | €123k | €223k | ▲ 81.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-11k | €-6k | €-8k | €-7k | €-28k | ▼ 318% |
| + Depreciation and write-downs630 | €8k | €8k | €19k | €20k | €20k | ▼ 0.5% |
| Operating cash flow (approximation) | €-4k | €2k | €11k | €14k | €-7k | ▼ 153% |
| Investment in fixed assets (approximation) | - | €-101k | €-53k | €0 | €0 | - |
| Change in cash | - | €-338 | €12k | €-42k | €-4k | ▲ 91.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
31-12
Financial
Weakest financial yearnet €-59k
Net result drops to €-59k, the lowest in the series; recovery starts the following year.
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 21 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 20 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Wetteren · 1 establishment unit since 2013
Ground area
4,701 m²
Building footprint
1,537 m²
Volume, LiDAR
8,537 m³
Parcel 42012A0460/00M000, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Crepico Binnenbepleistering
since 20132.229.222.029
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42012A0460/00M000 | Flanders | 4,701 m² | 1 · 1,537 m² | 10.8 m · 2 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 1,155 EUR awarded · 1,155 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,155 EUR | 1,155 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 751 companies in sector 43422 we hold annual accounts for 424. 313 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
Founded27-12-2013
Fiscal year end31-12
Activities, NACEBEL 2025
43422Screed work
43230Insulation installation
43910Bricklaying and masonry work
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
Scores and ratios are computed by Checked and are not a credit decision.