Studio APS
Annual accounts 2025
micro format, filed on 30-06-2026, 31 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €64,000. Estimated: probably between €31,000 and €130,000.
Balance sheet
balance sheet total €67,224 on 31-12-2025in euro
in euro
Position in the sector
21.6%
Higher than 22% of 21,208 companies in 2025.
0.63
Higher than 8% of 20,571 companies in 2025.
0.2%
Higher than 17% of 20,746 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
67,224 | 52,039 | 28,850 | |
21/28 |
33,911 | 42,997 | 19,732 | |
22/27 |
33,911 | 42,997 | 19,732 | |
24 |
33,911 | 42,997 | 19,732 | |
29/58 |
33,313 | 9,041 | 9,118 | |
40/41 |
5,840 | 4,959 | 411 | |
40 |
5,023 | 2,875 | 411 | |
41 |
817 | 2,084 | - | |
54/58 |
27,472 | 4,082 | 8,706 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
67,224 | 52,039 | 28,850 | |
10/15 |
14,541 | 14,402 | 10,311 | |
10/11 |
750 | 750 | 750 | |
14 |
13,791 | 13,652 | 9,561 | |
17/49 |
52,683 | 37,637 | 18,539 | |
42/48 |
52,683 | 37,366 | 18,539 | |
44 |
6,664 | 2,137 | 932 | |
440/4 |
6,664 | 2,137 | 932 | |
45 |
3,200 | - | 3,644 | |
450/3 |
3,200 | - | 3,644 | |
47/48 |
42,819 | 35,229 | 13,963 | |
492/3 |
- | 271 | - | |
| Income statement | ||||
9900 |
11,981 | 10,697 | 21,624 | |
630 |
9,086 | 2,433 | 7,863 | |
640/8 |
1,443 | 150 | 677 | |
66A |
- | 2,790 | 959 | |
9901 |
1,452 | 5,325 | 12,126 | |
75/76B |
- | 0 | - | |
75 |
- | 0 | - | |
65/66B |
58 | 50 | 32 | |
65 |
58 | 50 | 32 | |
9903 |
1,393 | 5,274 | 12,093 | |
67/77 |
1,254 | 1,183 | 2,533 | |
9904 |
139 | 4,091 | 9,561 | |
9905 |
139 | 4,091 | 9,561 | |
| Appropriation of the result | ||||
9906 |
13,791 | 13,652 | 9,561 | |
14P |
13,652 | 9,561 | - | |
| Document | ||||
The notes to these accounts have 4 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.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 10,538 | 7,757 | 19,988 | ||
| 9,225 | 6,524 | 17,423 | ||
| 0 | 45,430 | 27,595 | ||
| 23,390 | -4,624 | - | ||
| -19,370 | -28,324 | -9,422 | ||
| 21.6% | 27.7% | 35.7% | ||
| 0.63 | 0.24 | 0.49 | ||
| 3.62 | 2.61 | 1.80 | ||
| 1.0% | 28.4% | 92.7% | ||
| 0.2% | 7.9% | 33.1% | ||
| over 100 | over 100 | over 100 |
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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | - | €45,430 | €27,595 |
| €9,086 | €2,433 | €7,863 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on Studio APS
The operating result for 2025 is 73% lower than in 2024 and the lowest since 2023. It is the second fall in a row.
Debt's share of the balance-sheet total rises from 72.3% to 78.4%. Equity and debt are higher.