STUDIO 100

Active Risk: not assessed Public limited companyfounded 1996active for 30 yearsHalfstraat 80, 2627 SchelleKBO/BCE: BE 0457.622.640 subsidiary of Romulus en Remus#1 company by total assets in the province of Antwerp, Arts, sports and recreation sector

Part of the group Romulus en Remus 24 companies in 6 countries

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STUDIO 100

Financial year 2025

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Annual accounts 2025

full format, standalone accounts, filed on 30-06-2026, 31 days before the deadline

€87.0m

▲ 31.1%

€317.1m

▲ 10.7%

€29.9m

▲ 34.6%

27.4%

▲ 4.3 percentage points

34.4%

▲ 0.9 percentage points

9.4%

▲ 1.7 percentage points

The company also files consolidated accounts, with the figures of the whole group.

In the rankings #1 company by total assets in the province of Antwerp, Arts, sports and recreation sector #1 employer in the province of Antwerp, Sports and recreation sector #1 company by equity in Schelle

Money flows

of every €100 of turnover, €27.96 remains as profit in 2025

Balance sheet

balance sheet total €317.1m on 31-12-2025

What the company ownsHow it is paid for

in €m

Position in the sector

Compare with sector

27.4%

Higher than 44% of 518 companies in 2025.

9.4%

Higher than 83% of 513 companies in 2025.

STUDIO 100 Middle half of the sector 80% of the sector Full accounts in sports and recreation (NACE 93)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Staff: top quarter

Staff

Men and women62% women

64.2 men and 105.2 women in full-time equivalents in 2025.

€84,374

Men €85,575, women €83,642 per full-time equivalent. Jobs differ, so this is not a pay gap.

+2 people

people who joined people who left

In 2025, 217 people joined and 215 left. Training hours in 2025: 3,166. Agency workers: 10.2 on average.

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2006
Balance sheet: assets
`20/58`	317.1m	286.3m	254.2m	248.1m	262.3m	255.1m	234.8m	265.7m	232.8m	202.4m	247.0m	163.0m	154.0m	156.9m	141.7m	123.2m	95.9m	84.3m	64.9m
`20`	-	246,133	504,290	762,447	1.0m	151,180	295,780	517,050	738,320	530,360	671,080	-	-	-	-	-	-	-	-
`21/28`	241.6m	202.1m	166.3m	152.7m	179.2m	182.0m	164.4m	178.3m	170.8m	137.9m	135.0m	101.8m	90.1m	89.5m	92.3m	81.0m	55.6m	30.1m	23.4m
`21`	4.8m	3.9m	3.9m	3.7m	5.6m	8.7m	9.6m	11.0m	13.6m	13.7m	15.9m	14.4m	11.8m	9.0m	4.1m	3.0m	3.2m	523,797	350,076
`22/27`	6.8m	7.2m	2.8m	2.8m	4.6m	6.2m	7.0m	8.0m	1.6m	1.6m	2.4m	2.9m	4.7m	5.5m	7.2m	7.6m	5.0m	4.4m	5.0m
`22`	-	-	-	-	-	-	756	1,811	2,866	2,380	141,373	239,409	823,716	1.4m	2.0m	2.6m	1.9m	1.6m	2.7m
`23`	135,351	239,238	448,235	322,071	390,388	345,604	291,859	193,405	204,338	273,251	963,768	1.2m	2.3m	2.1m	2.9m	2.9m	1.5m	1.4m	1.5m
`24`	2.5m	1.9m	1.9m	1.8m	1.7m	1.8m	1.9m	1.7m	1.4m	1.3m	1.3m	1.4m	1.6m	1.9m	2.3m	2.1m	1.6m	1.4m	825,458
`26`	4.0m	5.1m	453,991	641,377	2.4m	4.1m	4.8m	6.1m	-	-	-	-	-	-	-	5,250	5,250	-	-
`27`	196,323	46,683	-	79,662	17,209	18,284	6,413	47,095	40,218	21,843	21,905	109,606	-	-	-	-	10,484	-	-
`28`	230.0m	190.9m	159.7m	146.2m	169.0m	167.0m	147.8m	159.2m	155.5m	122.6m	116.0m	84.5m	73.5m	75.1m	81.0m	70.4m	47.4m	25.2m	18.0m
`280/1`	230.0m	190.9m	159.7m	146.1m	168.9m	167.0m	147.8m	159.1m	155.4m	122.5m	115.9m	84.3m	73.4m	74.9m	80.9m	70.3m	47.4m	25.2m	18.0m
`280`	65.3m	65.6m	65.6m	87.5m	87.6m	87.6m	93.5m	105.7m	51.2m	31.7m	29.9m	29.9m	30.3m	30.0m	27.9m	27.9m	27.6m	25.2m	1.6m
`281`	164.6m	125.3m	94.0m	58.5m	81.2m	79.4m	54.4m	53.4m	104.2m	90.8m	85.9m	54.4m	43.1m	44.9m	53.0m	42.4m	19.8m	-	16.5m
`282/3`	-	-	-	-	-	-	-	81,000	106,000	106,000	106,000	119,751	133,500	106,000	91,000	91,000	-	-	-
`282`	-	-	-	-	-	-	-	6,000	6,000	6,000	6,000	6,001	6,000	6,000	6,000	6,000	-	-	-
`283`	-	-	-	-	-	-	-	75,000	100,000	100,000	100,000	113,750	127,500	100,000	85,000	85,000	-	-	-
`284/8`	2,916	2,916	2,916	152,811	154,661	3,761	4,787	3,562	3,869	24,489	31,304	20,489	27,136	46,814	49,504	39,869	21,618	15,850	6,833
`284`	1,467	1,467	1,467	1,467	1,467	1,467	1,468	1,468	1,275	1,275	1,275	1,275	1,275	1,275	1,275	1,275	1,275	1,275	1,275
`285/8`	1,449	1,449	1,449	151,344	153,194	2,294	3,319	2,094	2,594	23,214	30,029	19,214	25,861	45,539	48,229	38,594	20,343	14,575	5,558
`29/58`	75.5m	84.0m	87.3m	94.6m	82.0m	73.0m	70.2m	86.9m	61.3m	64.0m	112.0m	61.2m	63.9m	67.4m	49.4m	42.2m	40.3m	54.2m	41.5m
`29`	-	-	-	-	100,000	217,472	332,613	265,745	420,624	567,620	427,731	653,388	500,000	-	358,672	100,000	200,000	300,000	675,000
`290`	-	-	-	-	-	-	-	-	-	-	-	80,000	-	-	-	-	-	-	-
`291`	-	-	-	-	100,000	217,472	332,613	265,745	420,624	567,620	427,731	573,388	500,000	-	358,672	100,000	200,000	300,000	675,000
`3`	3.5m	3.4m	5.2m	4.9m	5.5m	7.4m	6.2m	5.9m	6.0m	7.1m	8.7m	7.5m	8.0m	11.8m	9.4m	13.0m	7.5m	11.6m	4.4m
`30/36`	3.3m	3.3m	3.9m	4.8m	4.2m	4.9m	5.5m	5.4m	5.3m	5.2m	4.9m	4.2m	3.8m	3.7m	3.3m	3.6m	3.0m	3.4m	2.7m
`32`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	60,778
`34`	3.3m	3.3m	3.9m	4.8m	4.2m	4.9m	5.5m	5.4m	5.3m	5.2m	4.9m	4.2m	3.8m	3.7m	2.6m	3.5m	3.0m	3.4m	2.6m
`36`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	704,816	168,564	-	-	-
`37`	182,528	140,300	1.3m	193,527	1.3m	2.5m	706,634	504,816	745,248	1.9m	3.8m	3.3m	4.3m	8.1m	6.1m	9.3m	4.4m	8.3m	1.7m
`40/41`	23.2m	63.0m	53.9m	68.2m	67.1m	54.4m	54.9m	64.8m	47.4m	47.1m	67.6m	44.6m	50.0m	47.9m	36.0m	27.4m	28.8m	32.4m	19.2m
`40`	17.7m	26.6m	21.9m	27.0m	27.3m	17.7m	19.1m	38.0m	18.1m	20.4m	25.2m	18.7m	20.7m	27.7m	26.2m	23.3m	24.4m	23.6m	17.3m
`41`	5.5m	36.3m	32.0m	41.2m	39.8m	36.7m	35.8m	26.7m	29.3m	26.7m	42.4m	25.9m	29.3m	20.1m	9.8m	4.2m	4.4m	8.8m	1.9m
`50/53`	39.3m	4.6m	17.8m	10.8m	-	-	366,495	366,495	366,495	366,495	366,495	1.9m	1.9m	1.9m	-	-	-	-	-
`50`	-	-	-	-	-	-	366,495	366,495	366,495	366,495	366,495	1.9m	1.9m	1.9m	-	-	-	-	-
`51/53`	39.3m	4.6m	17.8m	10.8m	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`54/58`	9.1m	12.6m	9.9m	10.4m	8.9m	10.4m	8.0m	15.3m	6.5m	8.4m	34.3m	5.9m	3.3m	5.7m	3.3m	1.6m	3.7m	9.7m	16.8m
`490/1`	451,430	428,224	539,008	305,784	426,650	472,118	337,397	296,807	569,853	530,951	555,480	538,764	256,697	92,761	313,010	73,000	84,067	116,630	413,423
Balance sheet: equity and liabilities
`10/49`	317.1m	286.3m	254.2m	248.1m	262.3m	255.1m	234.8m	265.7m	232.8m	202.4m	247.0m	163.0m	154.0m	156.9m	141.7m	123.2m	95.9m	84.3m	64.9m
`10/15`	87.0m	66.3m	44.1m	24.9m	20.2m	23.6m	35.7m	43.3m	45.4m	39.4m	34.6m	38.7m	44.6m	49.4m	49.2m	52.7m	52.5m	49.8m	40.8m
`10/11`	30.0m	30.0m	30.0m	30.0m	30.0m	30.0m	30.0m	30.0m	30.0m	30.0m	30.0m	30.0m	30.0m	30.0m	30.0m	30.0m	30.0m	30.0m	20.0m
`10`	30.0m	30.0m	30.0m	30.0m	30.0m	30.0m	-	-	-	-	-	-	-	-	-	-	-	-	-
`100`	30.0m	30.0m	30.0m	30.0m	30.0m	30.0m	30.0m	30.0m	30.0m	30.0m	30.0m	30.0m	30.0m	30.0m	30.0m	30.0m	30.0m	30.0m	20.0m
`13`	3.0m	3.0m	3.0m	3.0m	3.0m	3.0m	3.4m	3.4m	3.4m	2.9m	2.7m	4.2m	8.6m	8.6m	6.7m	6.7m	6.7m	6.4m	7.4m
`130/1`	3.0m	3.0m	3.0m	3.0m	3.0m	3.0m	366,495	366,495	366,495	366,495	366,495	1.9m	1.9m	1.9m	-	-	-	-	-
`130`	3.0m	3.0m	3.0m	3.0m	3.0m	3.0m	3.0m	3.0m	3.0m	2.5m	2.3m	2.3m	2.3m	2.3m	2.3m	2.3m	2.3m	2.0m	2.0m
`1312`	-	-	-	-	-	-	366,495	366,495	366,495	366,495	366,495	1.9m	1.9m	1.9m	-	-	-	-	-
`133`	-	-	-	-	-	-	-	-	-	-	-	-	4.4m	4.4m	4.4m	4.4m	4.4m	4.4m	5.4m
`14`	54.0m	33.3m	11.1m	-8.1m	-12.8m	-9.5m	2.2m	9.8m	11.8m	6.2m	1.7m	4.1m	5.8m	10.8m	12.4m	16.0m	15.8m	13.3m	13.3m
`15`	-	-	-	-	38,844	79,860	120,877	161,894	202,911	243,928	284,945	363,893	188,186	4,944	21,094	37,244	53,394	69,105	108,424
`16`	96,160	685,361	626,988	286,903	1.0m	2.3m	1.6m	189,683	560,308	1.5m	640,545	111,588	830,661	392,502	337,475	712,554	450,250	37,210	58,382
`160/5`	96,160	685,361	626,988	286,903	1.0m	2.3m	1.6m	189,683	560,308	1.5m	640,545	111,588	830,561	389,840	326,117	692,500	421,500	-	-
`160`	96,160	120,361	11,988	28,303	31,232	16,887	19,645	81,083	60,308	40,841	32,545	4,588	-	-	-	-	-	-	-
`164/5`	-	565,000	615,000	258,600	1.0m	2.3m	1.6m	108,600	500,000	1.4m	608,000	107,000	830,561	389,840	326,117	692,500	421,500	-	-
`168`	-	-	-	-	-	-	-	-	-	-	-	-	100	2,662	11,358	20,054	28,750	37,210	58,382
`17/49`	230.0m	219.3m	209.4m	222.9m	241.0m	229.2m	197.5m	222.1m	186.9m	161.6m	211.7m	124.2m	108.6m	107.1m	92.2m	69.7m	43.0m	34.5m	24.0m
`17`	154.5m	154.6m	154.7m	154.9m	178.5m	142.5m	142.5m	150.0m	155.0m	130.0m	135.0m	77.4m	45.7m	46.5m	48.0m	30.8m	12.4m	2.5m	4.9m
`170/4`	154.4m	154.4m	154.4m	154.4m	176.9m	142.5m	142.5m	150.0m	155.0m	130.0m	135.0m	77.4m	45.7m	46.5m	48.0m	30.8m	12.4m	2.5m	4.9m
`171`	-	-	-	-	90.0m	90.0m	90.0m	90.0m	90.0m	90.0m	90.0m	40.0m	40.0m	40.0m	40.0m	-	-	-	-
`173`	154.4m	154.4m	154.4m	154.4m	86.9m	52.5m	52.5m	60.0m	65.0m	40.0m	45.0m	37.4m	5.7m	6.5m	8.0m	30.8m	12.4m	2.5m	4.9m
`178/9`	125,000	225,000	325,000	500,000	1.6m	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`42/48`	75.1m	63.6m	53.7m	66.6m	58.9m	83.7m	52.6m	69.5m	29.5m	29.3m	72.9m	44.8m	60.8m	58.5m	42.6m	38.8m	30.4m	31.3m	19.2m
`42`	-	-	100,000	-	-	32.5m	7.5m	5.0m	2.0m	5.0m	40.0m	812,500	812,500	1.5m	1.8m	2.6m	2.6m	1.2m	1.3m
`43`	-	-	-	-	-	-	-	-	-	-	-	4.0m	32.1m	23.3m	11.5m	-	-	-	-
`430/8`	-	-	-	-	-	-	-	-	-	-	-	4.0m	32.1m	23.3m	11.5m	-	-	-	-
`44`	23.8m	27.8m	29.3m	37.6m	36.9m	22.0m	27.7m	41.7m	20.2m	18.8m	21.7m	23.1m	19.9m	21.9m	24.6m	21.8m	21.0m	20.7m	12.2m
`440/4`	23.8m	27.8m	29.3m	37.6m	36.9m	22.0m	27.7m	41.7m	20.2m	18.8m	21.7m	23.1m	19.9m	21.9m	24.6m	21.8m	21.0m	20.7m	12.2m
`46`	32.3m	13.0m	8.5m	9.9m	10.8m	22.9m	14.9m	14.8m	2.9m	3.2m	9.5m	5.3m	5.0m	10.1m	1.9m	6.6m	2.8m	7.6m	2.7m
`45`	2.5m	3.9m	2.8m	2.8m	3.4m	2.2m	2.2m	2.4m	1.6m	2.3m	1.7m	2.0m	1.8m	1.8m	2.9m	2.4m	2.4m	1.6m	2.8m
`450/3`	147,653	1.1m	42,997	82,142	1.2m	239,686	52,724	122,235	57,073	460,841	94,414	180,496	260,172	140,180	1.1m	596,988	621,303	396,052	1.7m
`454/9`	2.3m	2.8m	2.7m	2.7m	2.2m	2.0m	2.2m	2.3m	1.6m	1.8m	1.6m	1.8m	1.6m	1.6m	1.8m	1.8m	1.8m	1.2m	1.1m
`47/48`	16.5m	18.9m	13.0m	16.4m	7.9m	4.0m	277,065	5.6m	2.8m	-	1,561	9.6m	1.1m	980	-	5.3m	1.6m	240,998	80,011
`492/3`	376,960	1.1m	1.1m	1.5m	3.6m	3.1m	2.4m	2.6m	2.4m	2.3m	3.8m	2.0m	2.1m	2.0m	1.6m	125,073	196,767	669,498	29,629
Income statement
`70/76A`	109.5m	105.8m	97.4m	77.8m	68.6m	44.5m	83.0m	100.9m	63.4m	72.3m	63.3m	79.2m	70.1m	74.3m	83.7m	74.9m	66.2m	70.1m	50.1m
`70`	107.0m	107.2m	90.3m	72.4m	66.0m	40.7m	82.3m	89.7m	59.3m	71.0m	59.5m	75.2m	71.9m	69.5m	83.5m	67.5m	68.3m	63.5m	49.2m
`71`	-1.0m	-4.5m	3.7m	304,407	-565,046	-145,201	-2.8m	1.5m	417,476	-1.5m	509,979	-958,422	-3.8m	2.0m	-3.2m	4.9m	-3.8m	5.0m	-310,832
`72`	911,045	933,232	710,095	292,950	139,307	1.5m	949,087	7.5m	1.2m	257,968	1.1m	3.9m	1.2m	1.6m	1.4m	57,000	246,221	308,305	-
`74`	2.5m	1.9m	2.1m	3.5m	2.7m	2.2m	-	-	-	-	-	-	-	-	-	-	-	-	-
`76A`	51,721	273,295	578,583	1.3m	295,756	274,897	373,100	88,778	51,020	134,298	39,488	543,586	251,853	-	30,728	3,377	126,963	10,256	3.4m
`60/66A`	88.3m	99.4m	91.5m	71.3m	69.3m	54.8m	76.9m	90.5m	59.3m	66.7m	64.8m	79.2m	72.5m	74.2m	84.4m	75.8m	61.9m	70.3m	44.9m
`60`	55.1m	66.4m	60.3m	36.0m	33.0m	18.8m	41.3m	56.4m	27.2m	30.0m	26.9m	37.5m	34.9m	36.4m	51.1m	43.8m	33.5m	35.5m	21.3m
`600/8`	55.5m	66.3m	59.8m	37.4m	33.1m	19.2m	41.6m	56.9m	27.5m	31.3m	28.1m	38.5m	35.6m	38.2m	51.2m	45.4m	34.1m	36.4m	22.5m
`609`	-338,488	141,540	482,840	-1.5m	-41,973	-372,800	-300,860	-463,669	-335,867	-1.3m	-1.2m	-1.0m	-782,738	-1.8m	-101,718	-1.6m	-549,667	-894,111	-1.1m
`61`	13.8m	11.8m	11.5m	13.7m	16.7m	9.9m	9.7m	8.5m	9.2m	9.2m	9.9m	11.0m	9.9m	10.4m	10.9m	11.0m	9.7m	18.5m	10.7m
`62`	14.3m	14.1m	14.3m	13.1m	12.0m	11.9m	14.8m	14.1m	13.5m	13.8m	14.4m	17.0m	15.4m	16.9m	17.5m	15.8m	14.9m	13.2m	10.6m
`630`	5.2m	5.0m	4.4m	7.4m	7.6m	8.5m	8.4m	9.5m	8.6m	9.7m	12.2m	13.7m	10.7m	8.8m	3.8m	2.8m	2.2m	1.8m	1.8m
`631/4`	323,577	578,079	332,476	973,704	690,305	1.1m	168,668	324,605	677,319	1.1m	636,512	519,912	917,461	1.0m	1.2m	1.7m	1.0m	996,003	477,138
`635/8`	-589,200	58,373	340,085	-752,929	-1.3m	707,242	1.4m	-370,625	-900,533	820,297	528,956	-718,973	440,721	63,723	-366,383	271,000	421,500	-	-
`640/8`	129,720	268,233	313,099	139,888	85,699	240,352	436,456	230,958	297,033	383,338	233,371	331,363	265,794	579,780	349,577	434,240	121,750	273,580	55,470
`66A`	58,108	1.1m	6,557	835,025	502,100	3.6m	680,613	1.8m	794,646	1.7m	1.4m	1.5m	577,795	248,023	828,375	73,614	1.9m	798,132	2.1m
`9901`	21.1m	6.4m	5.9m	6.5m	-715,582	-10.3m	6.1m	10.4m	4.1m	5.6m	-1.5m	-14,333	-2.4m	109,273	-663,608	-945,514	4.3m	-171,267	5.1m
`75/76B`	14.5m	20.4m	39.6m	3.6m	4.7m	9.4m	8.9m	4.4m	10.1m	5.1m	4.3m	3.5m	2.9m	4.1m	3.0m	2.7m	1.8m	216,212	336,236
`75`	13.6m	20.2m	39.6m	3.5m	4.7m	9.4m	8.9m	4.4m	10.1m	5.1m	4.3m	3.5m	2.9m	4.1m	3.0m	2.7m	1.8m	216,212	336,236
`750`	12.9m	19.7m	39.1m	3.2m	4.4m	9.3m	8.5m	4.3m	10.0m	4.6m	4.1m	3.2m	2.8m	2.8m	2.4m	1.4m	933,780	165,194	277,389
`751`	556,705	409,637	475,960	28,179	47	2,656	65,127	12,340	19,708	61,861	39,901	17,855	-	15,152	19,898	27,884	84,494	-	-
`752/9`	169,464	98,184	80,481	250,303	323,629	58,121	299,927	76,738	124,117	423,981	243,987	330,927	133,150	1.2m	598,870	1.3m	733,233	51,018	58,847
`76B`	880,078	195,884	-	143,029	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`65/66B`	4.7m	3.8m	25.6m	5.4m	7.2m	10.9m	22.5m	9.0m	5.4m	6.0m	5.4m	3.6m	5.1m	3.6m	4.6m	1.3m	914,865	362,329	401,137
`65`	4.4m	3.8m	3.7m	4.9m	6.4m	5.4m	4.9m	5.3m	5.1m	6.0m	5.4m	3.6m	5.1m	3.6m	4.6m	1.3m	914,865	362,329	401,137
`650`	4.0m	3.6m	3.5m	4.7m	6.2m	5.1m	4.9m	4.9m	4.9m	5.5m	5.2m	3.2m	3.3m	3.1m	3.9m	838,114	708,105	237,145	356,509
`651`	-16,899	-62,471	20,228	20,240	9,533	-3,655	-55,863	221,248	-11,550	170,000	-	1,670	794,996	-	-	-	-	-	-
`652/9`	436,649	192,197	217,789	224,281	132,183	335,285	106,780	218,874	216,592	280,327	245,054	378,964	996,492	517,393	698,031	458,859	206,760	125,184	44,628
`66B`	250,069	70,458	21.9m	450,825	816,917	5.5m	17.6m	3.7m	270,000	-	-	-	-	-	-	-	-	-	-
`9903`	30.9m	23.0m	19.9m	4.7m	-3.2m	-11.8m	-7.5m	5.8m	8.8m	4.8m	-4.0m	-1.1m	-4.9m	338,240	-3.1m	358,746	3.4m	-1.1m	6.4m
`67/77`	1.0m	733,313	602,528	15,787	140,292	-17,522	54,549	2.3m	20,381	-7,050	-406	19,797	133,194	54,228	503,132	136,543	615,644	251,125	1.0m
`670/3`	1.0m	968,519	640,697	81,958	140,296	27,142	62,004	2.3m	20,381	12,356	11,754	25,544	134,646	61,298	503,132	148,746	637,135	293,218	1.1m
`77`	-	235,206	38,169	66,171	4	44,664	7,455	-	-	19,406	12,160	5,747	1,452	7,070	-	12,203	21,491	42,093	73,451
`9904`	29.9m	22.2m	19.3m	4.7m	-3.3m	-11.8m	-7.6m	3.5m	8.8m	4.8m	-4.0m	-1.1m	-5.0m	292,708	-3.6m	230,899	2.8m	-1.3m	5.4m
`9905`	29.9m	22.2m	19.3m	4.7m	-3.3m	-11.8m	-7.6m	3.5m	8.8m	4.8m	-4.0m	-1.1m	-5.0m	292,708	-3.6m	230,899	2.8m	-1.3m	5.4m
Appropriation of the result
`9906`	63.3m	33.3m	11.2m	-8.1m	-12.8m	-9.5m	2.2m	15.3m	15.0m	6.5m	127,318	4.7m	5.8m	12.7m	12.4m	16.0m	16.1m	13.3m	15.3m
`14P`	33.3m	11.1m	-8.1m	-12.8m	-9.5m	2.2m	-	-	-	-	-	-	-	-	-	-	-	-	-
`791/2`	-	-	-	-	-	-	-	-	-	-	1.6m	4.4m	-	-	-	-	-	-	-
`792`	-	-	-	-	-	-	-	-	-	-	1.6m	4.4m	-	-	-	-	-	-	-
`691/2`	-	-	-	-	-	-	-	-	458,464	239,619	-	-	-	1.9m	-	11,545	275,737	-	2.0m
`6920`	-	-	-	-	-	-	-	-	458,464	239,619	-	-	-	14,635	-	11,545	275,737	-	2.0m
`6921`	-	-	-	-	-	-	-	-	-	-	-	-	-	1.9m	-	-	-	-	-
`694/7`	9.3m	-	95,371	-	-	-	-	5.5m	2.8m	-	-	5.0m	-	-	-	-	-	-	-
`694`	9.3m	-	-	-	-	-	-	5.5m	2.8m	-	-	5.0m	-	-	-	-	-	-	-
`695`	-	-	-	-	-	-	-	6,660	-	-	-	-	-	-	-	-	-	-	-
`696`	-	-	95,371	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
`9087`	169.4	175.1	174.9	180	168	159	200	187.2	179.5	196.3	199.3	174.1	186.7	205.4	240.4	227.2	210.1	207.2	186.5
Men (FTE)`1003`	64.2	63.7	67.1	74.1	68.8	-	86.6	81.4	76.8	84.8	85.8	75.8	86.2	95.8	-	-	-	-	-
Women (FTE)`1003`	105.2	111.4	107.8	105.8	98.8	-	113.4	105.8	102.7	111.5	113.5	98.3	100.5	109.6	-	-	-	-	-
Agency workers`1501`	10.2	11.3	10.8	8.5	8.7	-	10.1	6.1	5.6	9.1	12.3	8.7	10.4	8.9	15.6	19.4	53.3	28.4	6.6
Hours worked`1013`	264,158	274,693	274,963	276,704	249,860	-	327,836	305,932	292,932	318,881	316,103	288,720	302,924	340,584	430,022	395,698	347,745	344,430	313,769
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 9 older financial years (1997-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 95 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 30-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2025	consolidated	30-06-2026	2026-00257667	PDF
31-12-2025	full format	30-06-2026	2026-00256835	PDF
31-12-2024	consolidated	01-07-2025	2025-00244325	PDF
31-12-2024	full format	30-06-2025	2025-00223769	PDF
31-12-2023	consolidated	09-07-2024	2024-00245322	PDF
31-12-2023	full format	09-07-2024	2024-00245562	PDF
31-12-2022	full format	24-07-2023	2023-00300103	PDF
31-12-2022	consolidated	17-07-2023	2023-00264005	PDF
31-12-2021	consolidated	12-08-2022	2022-20303337	PDF
31-12-2021	full format	27-06-2022	2022-20146275	PDF
31-12-2020	consolidated	29-06-2021	2021-29100462	PDF
31-12-2020	full format	28-06-2021	2021-29100069	PDF
31-12-2019	consolidated	01-07-2020	2020-25300594	PDF
31-12-2019	full format	01-07-2020	2020-25400009	PDF
31-12-2018	full format	09-07-2019	2019-31700187	PDF
31-12-2018	consolidated	09-07-2019	2019-31700223	PDF
31-12-2017	consolidated	04-07-2018	2018-28900512	PDF
31-12-2017	full format	03-07-2018	2018-28900508	PDF
31-12-2016	consolidated	18-07-2017	2017-33700347	PDF
31-12-2016	full format	10-07-2017	2017-31200090	PDF
31-12-2015	consolidated	06-07-2016	2016-29100325	PDF
31-12-2015	full format	06-07-2016	2016-28600376	PDF
31-12-2014	consolidated	07-07-2015	2015-28100518	PDF
31-12-2014	full format	07-07-2015	2015-28000415	PDF
31-12-2013	consolidated	11-08-2014	2014-42400263	PDF
31-12-2013	full format	29-07-2014	2014-37100110	PDF
31-12-2012	consolidated	22-10-2013	2013-63800058	PDF
31-12-2012	full format	01-08-2013	2013-40200231	PDF
31-12-2011	consolidated	10-07-2012	2012-28800525	PDF
31-12-2011	full format	10-07-2012	2012-28800489	PDF
31-12-2010	consolidated	13-07-2011	2011-29600492	PDF
31-12-2010	full format	13-07-2011	2011-29600209	PDF
31-12-2009	consolidated	05-11-2010	2010-60300459	PDF
31-12-2009	full format	09-07-2010	2010-29300115	PDF
31-12-2008	consolidated	28-09-2009	2009-76900053	PDF
31-12-2008	full format	04-08-2009	2009-54400196	PDF
31-12-2007	consolidated	07-07-2008	2008-37600145	PDF
31-12-2007	full format	07-07-2008	2008-37600086	PDF
31-12-2006	full format	05-07-2007	2007-36500162	PDF
31-12-2006	consolidated	05-07-2007	2007-36500177	PDF
31-12-2005	consolidated	02-11-2006	2006-85200268	PDF
31-12-2005	full format	17-07-2006	2006-48001558	PDF
31-12-2004	consolidated	22-07-2005	2005-52500108	PDF
31-12-2004	full format	13-07-2005	2005-47801821	PDF
31-12-2003	consolidated	11-10-2004	2004-72200213	PDF
31-12-2003	full format	12-07-2004	2004-44102127	PDF
31-12-2002	full format	08-07-2003	2003-41102096	PDF
31-12-2001	full format	12-07-2002	2002-36600017	PDF
30-06-2000	full format	26-11-2001	2001-71401967	PDF
30-06-1999	full format	17-12-1999	1999-63504949	PDF
30-06-1998	full format	28-12-1998	1998-63502235	PDF
30-06-1997	abbreviated format	29-12-1997	1997-58602743	PDF

Subsidies and aid

Flemish government 2022 to 2025, 10 entries, €1.4m awarded, €1.3m paid

Globalisatiemechanisme (discontinued)

€1.2m

Baekeland-mandaat

€237,766

Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)

€21,490

Individueel Maatwerk

€7,716

Stagebonus (discontinued)

€2,500

Year	Entries	Awarded	Paid
2025	3	€0.008m	€0.05m
2024	1	€0	€0.04m
2023	3	€0.2m	€0.01m
2022	3	€1.2m	€1.2m

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2006
5.5m	9.8m	4.4m	3.5m	3.2m	7.9m	6.1m	69.1m	31.3m	10.5m	14.0m	15.4m	13.5m	14.2m	4.7m	5.5m	8.0m	3.6m	2.3m
-3.5m	2.7m	-442,022	1.5m	-1.6m	2.5m	-7.3m	8.7m	-1.9m	-25.9m	28.4m	2.7m	-2.4m	2.4m	1.7m	-2.1m	-6.0m	-	-
19.7%	6.0%	6.6%	8.9%	-1.1%	-25.3%	7.4%	11.6%	6.9%	7.9%	-2.6%	0.0%	-3.3%	0.2%	-0.8%	-1.4%	6.4%	-0.3%	10.4%
27.4%	23.2%	17.4%	10.0%	7.7%	9.2%	15.2%	16.3%	19.5%	19.5%	14.0%	23.7%	29.0%	31.5%	34.7%	42.8%	54.8%	59.1%	62.9%
34.4%	33.5%	43.8%	19.0%	-16.4%	-49.9%	-21.2%	8.0%	19.4%	12.2%	-11.5%	-2.8%	-11.2%	0.6%	-7.3%	0.4%	5.2%	-2.7%	13.1%
9.4%	7.8%	7.6%	1.9%	-1.3%	-4.6%	-3.2%	1.3%	3.8%	2.4%	-1.6%	-0.7%	-3.2%	0.2%	-2.5%	0.2%	2.9%	-1.6%	8.3%

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Revenue breakdown

as filed

By activity 2025

Theaterproducties €70,225,95665.6%
Overige €11,602,28610.8%
TV/Film-producties €10,593,5059.9%
Merchandising €6,857,2726.4%
Licenties €4,981,1504.7%
Uitgeverij €1,930,8371.8%
Audio-Video producties €781,5220.7%

Total €106,972,528

Revenue in the income statement €107,002,530

Source: 2025 accounts, page 28, filing 2026-00256835

By geographic market 2019

Vlaanderen €72,496,47288.1%
Nederland €9,135,31111.1%
Overige €325,3130.4%
Wallonië €282,0840.3%
Duitsland €61,6820.1%

Total €82,300,862

Source: 2019 accounts, page 28, filing 2020-25400009

All years (2006 to 2025)

By activity

By activity	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Theaterproducties	€17,184,753	€14,542,701	€21,234,970	€18,572,145	€15,660,756	€16,225,107	€12,869,894	€12,594,952	€27,450,272	€13,812,000	€22,659,316	€16,626,431	€45,729,011	€42,946,998	€8,845,346	€26,622,488	€33,559,717	€59,545,243	€71,692,582	€70,225,956
Overige	€1,579,766	€620,317	€1,259,799	€1,884,325	€1,768,243	€3,414,716	€5,119,129	€4,174,087	€7,200,175	€6,153,997	€6,776,029	€7,939,293	€8,446,211	€10,860,417	€6,088,224	€14,026,102	€12,519,434	€10,375,438	€12,499,289	€11,602,286
TV/Film-producties	-	-	-	-	-	-	-	€22,122,243	€17,444,924	€16,081,909	€16,193,627	€13,526,243	€15,416,243	€12,496,642	€12,388,811	€10,680,897	€8,132,975	€8,119,153	€10,194,199	€10,593,505
Merchandising	€6,734,834	€9,290,932	€11,318,274	€10,579,914	€11,831,964	€11,208,647	€9,110,328	€11,047,943	€10,001,798	€8,536,903	€9,410,238	€8,580,174	€8,926,555	€7,022,859	€5,396,619	€6,088,478	€7,137,557	€6,043,039	€6,143,469	€6,857,272
Licenties	€5,423,157	€6,298,763	€8,210,678	€10,317,764	€9,887,314	€9,710,553	€7,686,414	€8,784,321	€7,834,338	€8,872,425	€9,286,864	€7,494,575	€5,472,521	€5,166,203	€4,307,279	€6,223,012	€8,522,392	€3,992,834	€4,214,231	€4,981,150
Uitgeverij	€2,085,723	€3,514,958	€2,420,425	€4,170,604	€5,102,064	€4,621,705	€3,736,253	€3,207,390	€2,799,027	€2,315,355	€3,021,165	€3,194,021	€3,022,984	€2,277,346	€1,886,564	€1,667,112	€1,793,110	€1,653,018	€1,826,014	€1,930,837
Audio-Video producties	€7,882,060	€8,247,391	€8,044,911	€11,699,551	€11,340,280	€10,253,286	€7,769,843	€6,682,137	€1,204,214	€426,710	€799,158	€859,807	€310,047	€619,313	€1,773,633	€660,475	€749,757	€568,151	€629,185	€781,522
Wanagogo platform	-	-	-	-	-	-	-	-	-	€2,150,333	€1,839,961	€997,135	€2,398,176	€911,084	-	-	-	-	-	-
Flandria	-	-	-	-	-	-	-	-	€1,236,605	€1,167,926	€1,004,726	€49,326	€0	-	-	-	-	-	-	-
Food	-	-	-	-	-	-	€3,617,336	€3,239,696	€0	-	-	-	-	-	-	-	-	-	-	-
TV-producties	€8,351,211	€6,217,706	€11,016,026	€11,076,947	€11,958,967	€28,112,464	€19,624,471	-	-	-	-	-	-	-	-	-	-	-	-	-
Total	€49,241,504	€48,732,768	€63,505,083	€68,301,250	€67,549,588	€83,546,478	€69,533,668	€71,852,769	€75,171,353	€59,517,558	€70,991,084	€59,267,005	€89,721,748	€82,300,862	€40,686,476	€65,968,564	€72,414,942	€90,296,876	€107,198,969	€106,972,528

By geographic market

By geographic market	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019
Vlaanderen	€28,936,529	€29,421,208	€38,744,203	€43,242,602	€40,660,396	€49,301,340	€41,920,342	€39,838,862	€61,038,304	€45,519,529	€58,543,477	€48,209,383	€77,981,045	€72,496,472
Nederland	€20,026,388	€18,060,642	€23,640,330	€22,758,256	€23,869,170	€19,726,411	€17,482,935	€17,526,993	€8,821,945	€12,020,635	€12,105,629	€10,648,640	€11,009,118	€9,135,311
Overige	-	-	€277,807	€1,465,540	€577,425	€9,990,007	€3,967,675	€5,302,248	€100,076	€186,917	€11,797	€94,755	€436,296	€325,313
Wallonië	-	€1,250,918	€842,743	-	-	-	-	€4,122,035	€149,966	€189,500	€294,571	€235,749	€202,235	€282,084
Duitsland	-	-	-	-	€1,479,686	€3,300,241	€5,542,360	€5,062,631	€5,061,062	€1,600,977	€35,610	€78,478	€93,054	€61,682
Wallonnië	€282,987	-	-	-	-	-	-	-	-	-	-	-	-	-
Total	€49,245,904	€48,732,768	€63,505,083	€67,466,398	€66,586,677	€82,317,999	€68,913,312	€71,852,769	€75,171,353	€59,517,558	€70,991,084	€59,267,005	€89,721,748	€82,300,862

Social balance sheet

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	180	178	181	185	182
full-time	135	138	140	143	145
part-time	45	40	41	42	37
in full-time equivalents	170.4	169.5	171.7	175.5	174.9
	169.4	175.1	174.9	179.9	167.6
On a permanent contract	177	175	172	175	173
Joined	217	277	168	233	268
Left	215	280	172	230	261
Agency workers, average number	10.2	11.3	10.8	8.5	8.7
Training hours	3,166	9,203	6,132	4,894	1,998

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€1.6m	€5.8m	€1.2m	€1.1m	€1.2m
Intangible fixed assets	€3.9m	€4.1m	€3.2m	€2.4m	€2.0m
Financial fixed assets	-	€100	-	-	€500
	€5.2m	€5.0m	€4.4m	€7.4m	€7.6m

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Auditor

fees

Item	2025	2024	2023	2022	2021
Fee for the audit	€91,250	€92,480	€84,400	€80,815	€75,600
Other work by the auditor	€16,000	-	-	€3,700	€5,000
Work by persons linked to the auditor	€3,310	€3,000	€3,000	€3,000	€6,687

Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)

Group figures

consolidated accounts

STUDIO 100 heads a group. The consolidated accounts add up the company and its subsidiaries.

2023	2022	2021	2020
€224.5m	€229.6m	€173.9m	€119.5m
€21.7m	€25.5m	€16.1m	-€25.5m
€13.3m	€8.6m	€6.2m	-€30.2m
€52.5m	€40.6m	€34.1m	€27.5m
€317.1m	€305.4m	€320.1m	€303.1m

Source: 2020 to 2023 consolidated accounts

Insights on STUDIO 100

The operating result for 2025 is 3.3 times that of 2024 and the highest since 2006. It is the second rise in a row, after the fall in 2023.

Debt's share of the balance-sheet total falls from 76.6% to 72.5%. Equity and debt are higher.

Large changes and their cause

2021 Turnover +62%, Net result +72% on 2020. Merger absorbing WANAGOGO, Official Gazette 27-10-2020, in the previous financial year. That operation now counts for a full year for the first time.

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check See what changed in the latest annual accounts.What changed

Annual accounts 2025

Money flows

Balance sheet

Change in equityin €m

Change in cashin €m

Position in the sector

Solvency27.4%

Return on assets9.4%

Staff

Men and women62% women

Staff cost per FTE€84,374

Joined and left+2 people

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2022 to 2025, 10 entries, €1.4m awarded, €1.3m paid

Key figures and ratios

Revenue breakdown

By activity 2025

By geographic market 2019

By activity

By geographic market

Social balance sheet

Investments

Auditor

Group figures

Insights on STUDIO 100

Next steps

in €m

in €m

27.4%

9.4%

€84,374

+2 people