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studio august

Active
Private limited companyfounded 2024active for 2 yearsKleitstraat 53, 9930 Lievegem, BelgiumKBO/BCE: BE 1004.388.478
Summary

studio august has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €41,253 and a net result of €38,253. Its solvency ranks better than 27% of 9,643 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Financials · financial year 2025, micro format

Turnover
≈ €140,000
Estimated: probably between €110,000 and €190,000
Total assets
€196,557
Net result
€38,253
Working capital
€14,309

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €196,557
Fixed assets €152,785
Current assets €43,772
Equity and liabilities €196,557
Equity €41,253
Debt €155,304
Debt finances 79.0% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€65,672
Cash flow
€45,364
Current ratio
1.49
Debt to equity
3.76
ROE
92.7%
ROA
19.5%
Interest coverage
10.97
Debt ≤ 1 year
€29,462
Debt > 1 year
€123,342
Income taxes
€14,794

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94.3% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94.3% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.4% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 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 74.5% 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 7,976 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 43 lines
Balance sheet Code2025
Assets
Total assets20/58€196,557
Fixed assets21/28€152,785
Tangible fixed assets22/27€152,785
Land and buildings22€151,308
Furniture and vehicles24€1,477
Current assets29/58€43,772
Amounts receivable within one year40/41€24,115
Trade receivables40€12,003
Other amounts receivable41€12,112
Cash at bank and in hand54/58€19,052
Deferred charges and accrued income490/1€605
Equity and liabilities
Total equity and liabilities10/49€196,557
Equity10/15€41,253
Contributions10/11€3,000
Reserves13€38,253
Distributable reserves133€38,253
Amounts payable17/49€155,304
Amounts payable after more than one year17€123,342
Financial debts170/4€123,342
Amounts payable within one year42/48€29,462
Current portion of amounts payable after more than one year42€6,658
Financial debts43€431
Other loans439€431
Trade debts44€5,156
Suppliers440/4€5,156
Taxes, remuneration and social security45€17,217
Taxes450/3€17,217
Accrued charges and deferred income492/3€2,500
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,111
Other operating charges640/8€4,068
Gross operating margin9900€69,740
Operating profit (loss)9901€58,561
Financial income75/76B€474
Recurring financial income75€474
Financial charges65/66B€5,988
Recurring financial charges65€5,988
Profit (loss) for the period before taxes9903€53,047
Income taxes67/77€14,794
Profit (loss) for the period9904€38,253
Profit (loss) for the period to be appropriated9905€38,253
Appropriation of the result
Profit (loss) to be appropriated9906€38,253
Transfer to equity691/2€38,253
To other reserves6921€38,253

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,111
Other operating charges640/8€4,068
Gross operating margin9900€69,740
Operating profit (loss)9901€58,561
Financial income75/76B€474
Recurring financial income75€474
Financial charges65/66B€5,988
Recurring financial charges65€5,988
Profit (loss) for the period before taxes9903€53,047
Income taxes67/77€14,794
Profit (loss) for the period9904€38,253
Profit (loss) for the period to be appropriated9905€38,253
Line2025
Assets
Total assets20/58€196,557
Fixed assets21/28€152,785
Tangible fixed assets22/27€152,785
Land and buildings22€151,308
Furniture and vehicles24€1,477
Current assets29/58€43,772
Amounts receivable within one year40/41€24,115
Trade receivables40€12,003
Other amounts receivable41€12,112
Cash at bank and in hand54/58€19,052
Deferred charges and accrued income490/1€605
Equity and liabilities
Total equity and liabilities10/49€196,557
Equity10/15€41,253
Contributions10/11€3,000
Reserves13€38,253
Distributable reserves133€38,253
Amounts payable17/49€155,304
Amounts payable after more than one year17€123,342
Financial debts170/4€123,342
Amounts payable within one year42/48€29,462
Current portion of amounts payable after more than one year42€6,658
Financial debts43€431
Other loans439€431
Trade debts44€5,156
Suppliers440/4€5,156
Taxes, remuneration and social security45€17,217
Taxes450/3€17,217
Accrued charges and deferred income492/3€2,500
Line2025
Profit (loss) for the period9904€38,253
+ Depreciation and write-downs630€7,111
Operating cash flow (approximation)€45,364

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
30-06-2025 micro format 25-12-2025 2025-00590307

Similar companies · same sector, comparable size

Of the 4,524 active companies whose main activity is organisation of conventions and trade shows (NACE 82300), figures are known for 1,720. 1,287 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.