STUDIO A - D
ActiveSTUDIO A - D has been active since 1975 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68k and a net result of €-4k. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 56% of 6967 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
70
/ 100
Healthy▼ -16 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-4
Solvency97▼-3
Growth52=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.94 against 2.0 in 2024), and 39% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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
61%
Return on assets
-3.3%
Age of the figures
8 mo
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 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 d early
2024
17 d early
2023
28 d early
2022
39 d early
2021
5 d early
2020
32 d late
2019
3 d early
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€68k▼ 5.1%
2024 · €72k
2018: €53k
2019: €59k
2020: €61k
2021: €58k
2022: €71k
2023: €72k
2024: €72k
2018 → 2025
Total assets
€112k▲ 0.6%
2024 · €112k
2018: €56k
2019: €66k
2020: €61k
2021: €60k
2022: €76k
2023: €77k
2024: €112k
2018 → 2025
Net result
€-4k
2024 · €522
2018: €2k
2019: €5k
2020: €2k
2021: €-3k
2022: €13k
2023: €778
2024: €522
2018 → 2025
Working capital
€41k▲ 5.1%
2024 · €39k
2018: €53k
2019: €59k
2020: €61k
2021: €56k
2022: €70k
2023: €68k
2024: €39k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€58k-€71k▲ 23.3%€72k▲ 1.1%€72k▲ 0.7%€68k▼ 5.1%
Operating result€-3k-€13k€569▼ 95.7%€969▲ 70.2%€-3k
Net result€-3k-€13k€778▼ 94.2%€522▼ 32.9%€-4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €3k after €969 in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €112k
Fixed assets
€27k▼ 17.3%
Current assets
€85k▲ 8.1%
Equity and liabilities €112k
Equity
€68k▼ 5.1%
Debt
€44k▲ 11.1%
The debt ratio rises from 35.3% to 39.0%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€4k▼
2024 · €5k
Cash flow
€4k▼
2024 · €4k
Solvency
61.0%▼
2024 · 64.7%
Current ratio
1.94▼
2024 · 2.00
Quick ratio
1.80▼
2024 · 1.81
Debt / equity
0.64▲
2024 · 0.55
ROE
-5.4%▼
2024 · 0.7%
ROA
-3.3%▼
2024 · 0.5%
Interest coverage
8.96▼
2024 · 10.55
Debt
€44k▲
2024 · €39k
Debt ≤ 1 year
€44k▲
2024 · €39k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€112k€112k▲
Formation expenses20€0-
Fixed assets21/28€33k€27k▼
Intangible fixed assets21€1k€899▼
Tangible fixed assets22/27€32k€26k▼
Plant, machinery and equipment23€666€2k▲
Furniture and vehicles24€31k€24k▼
Current assets29/58€79k€85k▲
Stocks and contracts in progress3€7k€6k▼
Stocks30/36€6k€5k▼
Contracts in progress37€1k€2k▲
Amounts receivable within one year40/41€53k€59k▲
Trade receivables40€2k€5k▲
Other amounts receivable41€51k€54k▲
Cash at bank and in hand54/58€18k€20k▲
Equity and liabilities
Total equity and liabilities10/49€112k€112k▲
Equity10/15€72k€68k▼
Contributions10/11€20k€20k=
Reserves13€160k€160k=
Distributable reserves133€160k€160k=
Profit (loss) carried forward14€-108k€-112k▼
Amounts payable17/49€39k€44k▲
Amounts payable within one year42/48€39k€44k▲
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45-€1k
Taxes450/3-€1k
Other amounts payable47/48€37k€39k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€8k▲
Other operating charges640/8€874€803▼
Gross operating margin9900€6k€5k▼
Operating profit (loss)9901€969€-3k▼
Financial income75/76B€0€123▲
Recurring financial income75€0€123▲
Financial charges65/66B€447€475▲
Recurring financial charges65€447€475▲
Profit (loss) for the period before taxes9903€522€-4k▼
Profit (loss) for the period9904€522€-4k▼
Profit (loss) for the period to be appropriated9905€522€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-108k€-112k▼
Profit (loss) brought forward from the previous period14P€-109k€-108k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-4k ▼809%
Net result drops to €-4k, the lowest in the series.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 32 days late
2020
31-12
Financial
Liquidity times 9current ratio 83.47
Current ratio from 8.81 to 83.47; short-term debt falls from €8k to €735.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Herentals · 1 establishment unit since 1976
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Lenskensdijk 82200 HerentalsGround area
338 m²
Building footprint
341 m²
Volume, LiDAR
1,981 m³
Parcel 13027A0455/00E000, Flanders · tallest building 14.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SMLXL
since 19762.011.777.525
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13027A0455/00E000 | Flanders | 338 m² | 1 · 341 m² | 14.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,810 companies in sector 73110 we hold annual accounts for 3,724. 3,014 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-12-1975
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
74401
18120Other printing
18130Pre-press and pre-media services
Sources
Crossroads Bank for EnterprisesNational Bank · 46 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.