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Studio 09

Open bankruptcy
Private limited company (pre-2019)founded 2018KBO/BCE: BE 0687.931.522

A bankruptcy procedure is open for Studio 09 according to publications in the Belgian State Gazette; curator: AN STERCKX.

Summary

The file additionally contains 1 administrative flag. The 2022 annual accounts show negative equity (-€15,692) and a net result of -€34,569.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Ghent, Kortrijk division
Declared bankrupt
31 March 2026
Supervising judge
Dirk Coussee
Official Gazette
09-04-2026 (pdf) ↗search the document for 2026/115497

Deadlines

Provisional date payments stopped
31 March 2026A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 24 April 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 30 April 2026art. XX.104 and XX.155 CEL
First verification report
passed on 19 May 2026Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
31 March 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • An SterckxKachtemsestraat 334, 8800 Roese- Larean.sterckx@advocaat.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-08-2023, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
31 d late
2021
29 d late
2020
65 d early
2019
41 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 9 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

Studio 09 was incorporated on 15 January 2018.1 Total assets fell from EUR 79,301 in 2019 to EUR 61,030 in 2022 and headcount from 1 full-time equivalents in 2019 to 0.5 in 2021.2 On 31 March 2026 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019, 2021 and 2022
  3. 3Belgian State Gazette, 09-04-2026

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2022, micro schema

Equity
-€15,692
2021 · €18,877
Total assets
€61,030▼ 12.2%
2021 · €69,480
Net result
-€34,569
2021 · €7,362
Working capital
-€11,185
2021 · €16,256
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2019202020212022
Operating result€11,925--€14,823€9,553-€34,257
Net result€7,456--€14,491€7,362-€34,569
Equity€26,006-€11,515▼ 55.7%€18,877▲ 63.9%-€15,692
Total assets€79,301-€82,278▲ 3.8%€69,480▼ 15.6%€61,030▼ 12.2%
Debt€53,295-€70,763▲ 32.8%€50,603▼ 28.5%€76,722▲ 51.6%
Working capital€7,722-€3,282▼ 57.5%€16,256▲ 395%-€11,185
Staff (FTE)1-1=0.5▼ 50.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000Operating result 2019: €11,925€11,925Net result 2019: €7,456€7,456Operating result 2020: -€14,823-€14,823Net result 2020: -€14,491-€14,491Operating result 2021: €9,553€9,553Net result 2021: €7,362€7,362Operating result 2022: -€34,257-€34,257Net result 2022: -€34,569-€34,5692019202020212022-€40,000-€20,000€0Operating result 2020: -€14,823-€14,800Net result 2020: -€14,491-€14,500Operating result 2021: €9,553€9,550Net result 2021: €7,362€7,360Operating result 2022: -€34,257-€34,300Net result 2022: -€34,569-€34,600202020212022
The operating result turns negative in 2022: a loss of €34,257 after €9,553 in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €61,030
Fixed assets €14,732 ▼ 56.6%
Current assets €46,299 ▲ 30.2%
Key figures and ratios
2022 value · change against 2021
EBITDA
-€22,764▼
2021 · €27,756
Cash flow
-€23,076▼
2021 · €25,565
Solvency
-25.7%▼
2021 · 27.2%
Current ratio
0.81▼
2021 · 1.84
Debt to equity
-4.89▼
2021 · 2.68
ROA
-56.6%▼
2021 · 10.6%
Interest coverage
-16.12▼
2021 · 12.20
Debt ≤ 1 year
€57,483▲
2021 · €19,296
Debt > 1 year
€19,239▼
2021 · €31,307
Income taxes
€242▲
2021 · €230
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 49 lines
Balance sheet Code20212022
Assets
Total assets20/58€69,480€61,030▼
Fixed assets21/28€33,928€14,732▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€33,928€14,732▼
Plant, machinery and equipment23€3,567€367▼
Furniture and vehicles24€30,361€14,364▼
Current assets29/58€35,552€46,299▲
Stocks and contracts in progress3€7,916-
Stocks30/36€1,950-
Contracts in progress37€5,966-
Amounts receivable within one year40/41€6,203€46,244▲
Trade receivables40€877€14,753▲
Other amounts receivable41€5,326€31,491▲
Cash at bank and in hand54/58€19,531€4▼
Deferred charges and accrued income490/1€1,902€50▼
Equity and liabilities
Total equity and liabilities10/49€69,480€61,030▼
Equity10/15€18,877-€15,692▼
Contributions10/11€18,550€18,550=
Reserves13€7,456€7,456=
Non-distributable reserves130/1€1,855€1,855=
Reserves not available under the articles1311€1,855€1,855=
Distributable reserves133€5,601€5,601=
Profit (loss) carried forward14-€7,129-€41,697▼
Amounts payable17/49€50,603€76,722▲
Amounts payable after more than one year17€31,307€19,239▼
Financial debts170/4€31,307€19,239▼
Amounts payable within one year42/48€19,296€57,483▲
Current portion of amounts payable after more than one year42€11,915€14,581▲
Financial debts43-€25,020
Credit institutions430/8-€25,020
Trade debts44€6,066€11,269▲
Suppliers440/4€6,066€11,269▲
Taxes, remuneration and social security45€1,315€6,614▲
Taxes450/3€1,315€6,614▲
Income statement Code20212022
Remuneration, social security and pensions62€26,618-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,203€11,493▼
Other operating charges640/8€1,380€9,719▲
Gross operating margin9900€55,754-€13,045▼
Operating profit (loss)9901€9,553-€34,257▼
Financial income75/76B€314€1,343▲
Recurring financial income75€314€1,343▲
Financial charges65/66B€2,275€1,412▼
Recurring financial charges65€2,275€1,412▼
Profit (loss) for the period before taxes9903€7,592-€34,327▼
Income taxes67/77€230€242▲
Profit (loss) for the period9904€7,362-€34,569▼
Profit (loss) for the period to be appropriated9905€7,362-€34,569▼
Appropriation of the result
Profit (loss) to be appropriated9906-€7,129-€41,697▼
Profit (loss) brought forward from the previous period14P-€14,491-€7,129▲

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022Change
Remuneration, social security and pensions62--€26,618--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25,198€13,737€18,203€11,493▼ 36.9%
Other operating charges640/8--€1,380€9,719▲ 604%
Gross operating margin9900€67,963€41,342€55,754-€13,045▼ 123%
Operating profit (loss)9901€11,925-€14,823€9,553-€34,257▼ 459%
Financial income75/76B--€314€1,343▲ 327%
Recurring financial income75€95€1,177€314€1,343▲ 327%
Financial charges65/66B--€2,275€1,412▼ 37.9%
Recurring financial charges65€714€653€2,275€1,412▼ 37.9%
Profit (loss) for the period before taxes9903€11,306-€14,299€7,592-€34,327▼ 552%
Income taxes67/77€3,850€191€230€242▲ 5.1%
Profit (loss) for the period9904€7,456-€14,491€7,362-€34,569▼ 570%
Profit (loss) for the period to be appropriated9905€7,456-€14,491€7,362-€34,569▼ 570%
Line2019202020212022Change
Assets
Total assets20/58€79,301€82,278€69,480€61,030▼ 12.2%
Fixed assets21/28€41,183€51,455€33,928€14,732▼ 56.6%
Intangible fixed assets21€1€0€0--
Tangible fixed assets22/27€41,182€51,455€33,928€14,732▼ 56.6%
Plant, machinery and equipment23--€3,567€367▼ 89.7%
Furniture and vehicles24--€30,361€14,364▼ 52.7%
Current assets29/58€38,118€30,823€35,552€46,299▲ 30.2%
Stocks and contracts in progress3€500€1,500€7,916--
Stocks30/36--€1,950--
Contracts in progress37--€5,966--
Amounts receivable within one year40/41€33,845€20,399€6,203€46,244▲ 646%
Trade receivables40--€877€14,753▲ 1,583%
Other amounts receivable41--€5,326€31,491▲ 491%
Cash at bank and in hand54/58€1,180€3,112€19,531€4▼ 100.0%
Deferred charges and accrued income490/1--€1,902€50▼ 97.4%
Equity and liabilities
Total equity and liabilities10/49€79,301€82,278€69,480€61,030▼ 12.2%
Equity10/15€26,006€11,515€18,877-€15,692▼ 183%
Contributions10/11€18,550-€18,550€18,550=
Reserves13€7,456€7,456€7,456€7,456=
Non-distributable reserves130/1--€1,855€1,855=
Reserves not available under the articles1311--€1,855€1,855=
Distributable reserves133--€5,601€5,601=
Profit (loss) carried forward14--€14,491-€7,129-€41,697▼ 485%
Amounts payable17/49€53,295€70,763€50,603€76,722▲ 51.6%
Amounts payable after more than one year17€22,900€43,222€31,307€19,239▼ 38.5%
Financial debts170/4--€31,307€19,239▼ 38.5%
Amounts payable within one year42/48€30,396€27,541€19,296€57,483▲ 198%
Current portion of amounts payable after more than one year42--€11,915€14,581▲ 22.4%
Financial debts43---€25,020-
Credit institutions430/8---€25,020-
Trade debts44€14,634€7,093€6,066€11,269▲ 85.8%
Suppliers440/4--€6,066€11,269▲ 85.8%
Taxes, remuneration and social security45--€1,315€6,614▲ 403%
Taxes450/3--€1,315€6,614▲ 403%
Line2019202020212022Change
Profit (loss) for the period9904€7,456-€14,491€7,362-€34,569▼ 570%
+ Depreciation and write-downs630€25,198€13,737€18,203€11,493▼ 36.9%
Operating cash flow (approximation)€32,653-€754€25,565-€23,076▼ 190%
Investment in fixed assets (approximation)--€24,009-€676€7,703▲ 1,239%
Change in cash-€1,931€16,420-€19,527▼ 219%

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

Download as CSV

Timeline · acts, filings and financial milestones

2026
09-04
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 31-03-2026
2025
17-01
KBO administration Address struck
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial Weakest financial yearnet -€34,569
Net result drops to -€34,569, the lowest in the series.
29-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial Back to profitnet €7,362
Net result €7,362 after one loss-making year.
27-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
10-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 41 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has 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
5 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, Izegem · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
1,003 m²
Building footprint
445 m²
Volume, LiDAR
3,785 m³
Parcel 36008A0226/00E003, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Studio 09
Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
since 20182.272.997.832
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36008A0226/00E003 Flanders 1,003 m² 1 · 445 m² 10.2 m · 3 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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator AN STERCKX
KACHTEMSESTRAAT 334, 8800 ROESE- LARE
31-03-2026 → present

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded15-01-2018
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 29 September 2026 · Peppol Directory

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