Losses
-€5,928 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Studio 20
Lifetime
4 annual accounts with figures on one time axispeak €130,479 (2022)
€7,143▼ 51.6%
lowest -€5,595 (2025)
-€5,595▼ €5,261
peak €118,136 (2023)
€112,208▼ 4.7%
€33,735▲ 96.0%
Board2 names since 2021
2 directors and 1 other
Documentsfilings and deeds
29-01-20262 days before the deadline
2025micro format
Gross margin from €14,756 to €7,143Loss of €5,595Debts from €17,211 to €33,735
Key points
from the 2025 annual accountsTurnover
≈ €45,000 estimated
The micro format states no turnover.
Liquidity
3.40 was 5.48 in 2024
Short-term debts rose from €17,211 to €33,735.
Filings
4 annual accounts since 2022
The last four annual accounts were filed 1 to 19 days before the end of the period.
Starting capital
€10,000 100 shares
Position in the sector
-€5,595
Lower net result than 81% of companies in other professional activities. Sector median €9,105 · 4,555 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,440 companies had the same profile as Studio 20 has now. Each dot stands for 9 companies, two years later.
90.1%
were still trading
7.4%
stopped another way
2.3%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,440 companies, not a prediction for Studio 20. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director
Director
- 50 sharesdeed of 25-01-2021
- 50 sharesdeed of 25-01-2021
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0761897287
Incorporation
Founding capital of €10,000, 100 shares · Founders: ; · Appointments: (director) and (director) · published on 25-01-2021 · Gazette deed
First establishment
Braambrugstraat 20, Oudenaarde
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Studio 20 Oudenaarde | €145,943 | €7,143 | 76.9% | - |
| Ben Urbain Ghent | €114,090 | €9,319 | 65.8% | - |
| ASTAMAIS Ghent | €146,764 | €10,341 | 31.8% | - |
| MAANA MUUNDO Antwerp | €112,618 | €6,807 | 70.8% | - |
| HEROES Mechelen | €109,821 | €5,329 | 82.5% | - |
| ATELIER CLAAR Leuven | €109,234 | €7,668 | 72.1% | - |
| GR Studio Herve | €167,584 | €8,007 | 18.4% | - |
These companies have the same main activity as Studio 20: graphic design and visual communication (NACE 74120). They are comparable in size and age: total assets between €109,000 and €168,000, founded between 2017 and 2022.
Official details
Source: KBO- Status
- Active since 21-01-2021Normal situation
- Activity
- Graphic design and visual communicationNACE 74120and 5 others
- Establishment unit
- 2.312.570.5659700 Oudenaarde, since 21-01-2021
- Financial year end
- 30 June
- Peppol
- Reachable since 30-10-2023
Annual accounts to 30-06-2025
- €145,943▲ 8.1%
- Filing
- Filed on 29-01-2026, 2 days before the end of the filing period
Insights on Studio 20
Studio 20 files the micro format. That format states no turnover. The gross margin fell from €130,479 in 2022 to €7,143 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Studio 20
- What is the company number of Studio 20?
- The company number of Studio 20 is 0761.897.287. The VAT number is the same number with BE in front: BE 0761.897.287.
- Where is Studio 20 based?
- The registered office is at Braambrugstraat 20, 9700 Oudenaarde.Company details
- What does Studio 20 do?
- According to the KBO register, the main activity is graphic design and visual communication (NACE 74120).
- What is the legal form of Studio 20?
- Studio 20 is a private limited company (BV).
- When was Studio 20 founded?
- Studio 20 was founded on 21-01-2021.
- Is Studio 20 still active?
- Yes, Studio 20 is an active enterprise in the KBO register.
- What is the turnover of Studio 20?
- The turnover in financial year 2025 is ≈ €45,000. This figure is estimated from the gross margin of €7,143 and 41 comparable companies (NACE 74). It probably lies between €22,000 and €81,000. It is a rough estimate.Financials
- Is Studio 20 profitable?
- In financial year 2025, Studio 20 made a loss of €5,595.
- Where can I find the annual accounts of Studio 20?
- Studio 20 filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Studio 20 due?
- Studio 20 must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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