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STUDIO BIC

Active Risk: low
General partnershipfounded 2016active for 9 yearsBeekweg(Rol) 5, 8510 Kortrijk, BelgiumKBO/BCE: BE 0665.769.693
Summary

STUDIO BIC has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2018 annual accounts show equity of €25,516 and a net result of €4,711. The computed 12-month bankruptcy probability is 1.5% (low).

Financials · financial year 2018, micro format

2019 annual accounts not yet filed, deadline passed on 30 April 2020 Financial year closed on 30 September 2019; filing due at the latest 7 months after the close (Companies Code art. 3:10). 7 financial years without a filing since the last one filed. Source: NBB filings, as of 29 October 2026.

Turnover
≈ €150,000
Estimated: probably between €73,000 and €250,000
Total assets
€38,629▼ 7.0%
2017 · €41,556
Net result
€4,711▼ 61.7%
2017 · €12,305
Working capital
€19,069▲ 28.2%
2017 · €14,879
Trend over the years

2017 to 2018, 2 financial years

The operating result falls in 2018; 2018 is 46% below 2017.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€9,315 2018 Net result€4,711 2018

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20172018
Operating result€17,384-€9,315▼ 46.4%
Net result€12,305-€4,711▼ 61.7%
Equity€20,805-€25,516▲ 22.6%
Total assets€41,556-€38,629▼ 7.0%
Debt€20,750-€13,113▼ 36.8%
Working capital€14,879-€19,069▲ 28.2%
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
2018 in colour, 2017 as the grey bar beneath
Assets €38,629
Fixed assets €9,290 ▼ 16.7%
Current assets €29,340 ▼ 3.5%
Equity and liabilities €38,629
Equity €25,516 ▲ 22.6%
Debt €13,113 ▼ 36.8%
Debt's share of the balance-sheet total falls from 49.9% to 33.9%. Equity is higher and debt is lower.
Key figures and ratios
2018 value · change against 2017
EBITDA
€13,232▼
2017 · €20,441
Cash flow
€8,628▼
2017 · €15,362
Current ratio
2.86▲
2017 · 1.96
Debt to equity
0.11▼
2017 · 0.25
ROE
18.5%▼
2017 · 59.1%
ROA
12.2%▼
2017 · 29.6%
Debt ≤ 1 year
€10,271▼
2017 · €15,518
Debt > 1 year
€2,842▼
2017 · €5,232
Income taxes
€4,391▼
2017 · €4,816
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2018 against 2017 · 24 lines
Balance sheet Code20172018
Assets
Total assets20/58€41,556€38,629▼
Fixed assets21/28€11,158€9,290▼
Tangible fixed assets22/27€11,158€9,290▼
Current assets29/58€30,398€29,340▼
Amounts receivable within one year40/41€19,787€17,286▼
Cash at bank and in hand54/58€10,611€12,053▲
Equity and liabilities
Total equity and liabilities10/49€41,556€38,629▼
Equity10/15€20,805€25,516▲
Contributions10/11€8,500€8,500=
Reserves13€850€850=
Profit (loss) carried forward14€11,455€16,166▲
Amounts payable17/49€20,750€13,113▼
Amounts payable after more than one year17€5,232€2,842▼
Amounts payable within one year42/48€15,518€10,271▼
Trade debts44€2,827€3,379▲
Income statement Code20172018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,056€3,918▲
Gross operating margin9900€21,914€15,971▼
Operating profit (loss)9901€17,384€9,315▼
Recurring financial income75€75€22▼
Recurring financial charges65€338€236▼
Profit (loss) for the period before taxes9903€17,121€9,102▼
Income taxes67/77€4,816€4,391▼
Profit (loss) for the period9904€12,305€4,711▼
Profit (loss) for the period to be appropriated9905€12,305€4,711▼
Line20172018Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,056€3,918▲ 28.2%
Gross operating margin9900€21,914€15,971▼ 27.1%
Operating profit (loss)9901€17,384€9,315▼ 46.4%
Recurring financial income75€75€22▼ 69.9%
Recurring financial charges65€338€236▼ 30.3%
Profit (loss) for the period before taxes9903€17,121€9,102▼ 46.8%
Income taxes67/77€4,816€4,391▼ 8.8%
Profit (loss) for the period9904€12,305€4,711▼ 61.7%
Profit (loss) for the period to be appropriated9905€12,305€4,711▼ 61.7%
Line20172018Change
Assets
Total assets20/58€41,556€38,629▼ 7.0%
Fixed assets21/28€11,158€9,290▼ 16.7%
Tangible fixed assets22/27€11,158€9,290▼ 16.7%
Current assets29/58€30,398€29,340▼ 3.5%
Amounts receivable within one year40/41€19,787€17,286▼ 12.6%
Cash at bank and in hand54/58€10,611€12,053▲ 13.6%
Equity and liabilities
Total equity and liabilities10/49€41,556€38,629▼ 7.0%
Equity10/15€20,805€25,516▲ 22.6%
Contributions10/11€8,500€8,500=
Reserves13€850€850=
Profit (loss) carried forward14€11,455€16,166▲ 41.1%
Amounts payable17/49€20,750€13,113▼ 36.8%
Amounts payable after more than one year17€5,232€2,842▼ 45.7%
Amounts payable within one year42/48€15,518€10,271▼ 33.8%
Trade debts44€2,827€3,379▲ 19.5%
Line20172018Change
Profit (loss) for the period9904€12,305€4,711▼ 61.7%
+ Depreciation and write-downs630€3,056€3,918▲ 28.2%
Operating cash flow (approximation)€15,362€8,628▼ 43.8%
Investment in fixed assets (approximation)--€2,049-
Change in cash-€1,442-

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 (2)
Financial year Type Filed Reference
30-09-2018 micro format 25-03-2019 2019-08000012
30-09-2017 micro format 23-03-2018 2018-07700035

Similar companies · same sector, comparable size

Of the 1,336 active companies whose main activity is demolition (NACE 43110), figures are known for 655. 431 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.