Studio 52
ActiveSummary
Studio 52 has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€80,051) and a net result of -€33,493. Equity is shrinking by ~80.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 16765 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
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Signals
This company filed its last 3 accounts on average 14 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 85% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 7,638 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,945 | €12,703 | €13,736 | ▲ 8.1% |
| Other operating charges640/8 | €1,871 | €761 | €922 | ▲ 21.3% |
| Non-recurring operating charges66A | €3,802 | - | €364 | - |
| Gross operating margin9900 | -€2,604 | -€27,892 | -€18,108 | ▲ 35.1% |
| Operating profit (loss)9901 | -€14,222 | -€41,355 | -€33,130 | ▲ 19.9% |
| Financial income75/76B | €21 | €2 | €0 | ▼ 99.0% |
| Recurring financial income75 | €21 | €2 | €0 | ▼ 99.0% |
| Financial charges65/66B | €164 | €124 | €132 | ▲ 7.0% |
| Recurring financial charges65 | €164 | €124 | €132 | ▲ 7.0% |
| Profit (loss) for the period before taxes9903 | -€14,365 | -€41,477 | -€33,262 | ▲ 19.8% |
| Income taxes67/77 | €409 | €307 | €231 | ▼ 24.9% |
| Profit (loss) for the period9904 | -€14,774 | -€41,784 | -€33,493 | ▲ 19.8% |
| Profit (loss) for the period to be appropriated9905 | -€14,774 | -€41,784 | -€33,493 | ▲ 19.8% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €44,398 | €81,279 | €62,823 | ▼ 22.7% |
| Fixed assets21/28 | €9,452 | €48,153 | €35,985 | ▼ 25.3% |
| Tangible fixed assets22/27 | €9,452 | €48,153 | €35,985 | ▼ 25.3% |
| Furniture and vehicles24 | €9,452 | €48,153 | €35,985 | ▼ 25.3% |
| Current assets29/58 | €34,946 | €33,127 | €26,838 | ▼ 19.0% |
| Stocks and contracts in progress3 | €15,310 | €15,160 | €12,420 | ▼ 18.1% |
| Stocks30/36 | €15,310 | €15,160 | €12,420 | ▼ 18.1% |
| Amounts receivable within one year40/41 | €13,907 | €14,172 | €7,152 | ▼ 49.5% |
| Trade receivables40 | €13,907 | €13,037 | €7,152 | ▼ 45.1% |
| Other amounts receivable41 | - | €1,135 | - | - |
| Cash at bank and in hand54/58 | €4,782 | €2,562 | €6,196 | ▲ 142% |
| Deferred charges and accrued income490/1 | €948 | €1,233 | €1,070 | ▼ 13.2% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €44,398 | €81,279 | €62,823 | ▼ 22.7% |
| Equity10/15 | -€4,774 | -€46,558 | -€80,051 | ▼ 71.9% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | -€14,774 | -€56,558 | -€90,051 | ▼ 59.2% |
| Amounts payable17/49 | €49,172 | €127,837 | €142,874 | ▲ 11.8% |
| Amounts payable after more than one year17 | - | - | €120,000 | - |
| Other amounts payable178/9 | - | - | €120,000 | - |
| Amounts payable within one year42/48 | €49,172 | €127,837 | €22,874 | ▼ 82.1% |
| Trade debts44 | €5,043 | €2,127 | €545 | ▼ 74.4% |
| Suppliers440/4 | €5,043 | €2,127 | €545 | ▼ 74.4% |
| Taxes, remuneration and social security45 | €454 | - | €761 | - |
| Taxes450/3 | €454 | - | €761 | - |
| Other amounts payable47/48 | €43,675 | €125,710 | €21,569 | ▼ 82.8% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€14,774 | -€41,784 | -€33,493 | ▲ 19.8% |
| + Depreciation and write-downs630 | €5,945 | €12,703 | €13,736 | ▲ 8.1% |
| Operating cash flow (approximation) | -€8,829 | -€29,081 | -€19,758 | ▲ 32.1% |
| Investment in fixed assets (approximation) | - | -€51,404 | -€1,568 | ▲ 96.9% |
| Change in cash | - | -€2,220 | €3,634 | ▲ 264% |
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
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.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24010B0547/00K000 | Flanders | 2,838 m² | 1 · 191 m² | 9.5 m · 2 fl. |
Linked by address, not proof of ownership
Similar companies · same sector and region
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.