Financials
- Financial year
- 2024
- Total assets
- €12,100
- Loss
- -€67,789
- Solvency
- -230.2%
Total assets▼ 93.3%
Net result
20182024
Studio AG
ActiveSummary
The computed 12-month bankruptcy probability of Studio AG is 3.2% (moderate). The 2024 annual accounts show negative equity (-€27,857) and a net result of -€67,789. Equity is shrinking by about 7.6% per year across the filed financial years. Its solvency ranks better than 5% of 4,288 sector peers (NACE 74, financial year 2024). The company has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Interior design
NACE 74130Graphic design and visual communication NACE 74120
4th oldest company in Ingelmunster, Professional and technical services sector1 site
Size
€12,100total assets 2024
- Equity
- -€27,857
- Loss
- -€67,789
Turnover not published (micro format)
Structure
- VERSTRAETE LudwigDaily manager
2025 accounts not filed, 90 days past the deadline4 of 7 deeds summarised
Why 47raises risk1 change of registered office in 24 monthsFigures for financial year 2024 (filed 07-07-2025)lowers riskSize: total assets €12,100Sector: Other professional, scientific and technical activities (NACE 74)Show the evidence
Checked score
Score 2024
47
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 4% of its sector peers (NACE 74, micro)
Financial strength · tick = 2023
Weak
Solvency
0-47
equity -230.2% of total assets
Liquidity
0-58
short-term debt 330.2% · cash 0.0%
Profitability
0-32
return on assets -560.2%
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%● unchanged vs 11-2024
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025lowest value
03-2025: 0.2%▲ +0.1 percentage points vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025
08-2025: 1.7%▲ +1.4 percentage points vs 07-2025
09-2025: 1.7%● unchanged vs 08-2025
10-2025: 1.7%● unchanged vs 09-2025
11-2025: 1.7%● unchanged vs 10-2025
12-2025: 1.7%● unchanged vs 11-2025
01-2026: 1.7%● unchanged vs 12-2025
02-2026: 1.7%● unchanged vs 01-2026
03-2026: 1.7%● unchanged vs 02-2026
04-2026: 1.7%● unchanged vs 03-2026
05-2026: 1.6%▼ -0.1 percentage points vs 04-2026
06-2026: 1.6%● unchanged vs 05-2026
07-2026: 1.7%▲ +0.1 percentage points vs 06-2026
08-2026: 2.2%▲ +0.5 percentage points vs 07-2026
09-2026: 2.4%▲ +0.2 percentage points vs 08-2026
10-2026: 3.2%▲ +0.8 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.3, compared with 1.22 in 2023, below 1; short-term debt: 330.2% and cash: 0% of total assets), and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 74, micro): better than 6% on solvency, 1% on liquidity, 7% on profitability and 3% on growth.
The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€27,857
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 90 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline29-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
24 days early
2023
14 days early
2022
34 days early
2021
69 days early
2020
31 days early
2019
29 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 34 days before the deadline; the sector median (NACE 74) for financial year 2024 is 3 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Appointment: VERSTRAETE Ludwig (director)Purpose change · Name change…
- Resignation: Stephanie Ingels (director)Appointment: Ludwig Verstraete (day-to-day manager)…
Key points
- Risk: Negative equityfinancial year 2024: debts exceed assets -€27,857 View
- Caution: Result fell in 2024from -€2,961 to -€67,789 ▼ 2,190% View
- Caution: Among the weakest 5% on solvencysector median 50.2% · 4,288 companies -230.2% View
- Caution: 2025 accounts not fileddeadline was 31-07-2026 90 days past the deadline View
- Caution: 2 loss-making years in a rowloss financial year 2024 -€67,789 View
By topic
Board & ownership
- Board
- 1 member
- VERSTRAETE LudwigDaily manager
Timeline
- Events
- 38
- Since
- 1994
- 31-12-2024Weakest financial year
- 17-07-2024Annual accounts filed
- 10-01-2024Resignation: Frank Vandevelde (statutory director)
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Interior designNACE 74130
- Founded
- 17-02-1993
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 17
- Who signs
- Each director alone
- Financial year
- From 1 July to 30 June
- Annual meeting
- Third Friday of December at 11:00
- Purpose
- “Het bevorderen van de ontwikkeling van technologische innovaties tot aan hun…” (deed in Dutch)
Key facts about Studio AG
- What is the company number of Studio AG?
- 0449.366.851. In Belgium the VAT number is the company number with BE in front: BE 0449.366.851.
- Where is Studio AG based?
- The registered office is at Meulebekestraat 171, 8770 Ingelmunster.Company details
- What does Studio AG do?
- According to the KBO register, the main activity is interior design (NACE 74130).
- What is the legal form of Studio AG?
- Private limited company (BV).
- When was Studio AG founded?
- On 17-02-1993.
- Is Studio AG still active?
- Yes, Studio AG is an active enterprise in the KBO register.
- What is the turnover of Studio AG?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is Studio AG profitable?
- In financial year 2024, Studio AG made a loss of €67,789.
- Where can I find the annual accounts of Studio AG?
- Studio AG filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Companies related to Studio AG
Comparable companies
- TMMTIngelmunster
- AEDIFEXBrugge
- AKABEKnokke-Heist
- ANTMOSPHEREBrugge
- ATELIER 620Izegem
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.