STUDIO BLEAU
ActiveSTUDIO BLEAU has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €727k and a net result of €254k. Equity is growing by ~40.7% per year across the filed fiscal years. Its solvency ranks better than 58% of 1991 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▼-6
Solvency80▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 3.49 against 2.66 in 2024; short-term debt: 16.1% and cash: 30.9% of total assets), and 45.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
54.6%
Return on assets
19.1%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
on the day
2024
58 d late
2023
44 d late
2022
28 d late
2021
3 d late
2020
27 d late
2019
26 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close18-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€727k▲ 53.4%
2024 · €474k
2019: €86k
2020: €120k
2021: €156k
2022: €188k
2023: €219k
2024: €474k
2019 → 2025
Total assets
€1.33M▲ 25.0%
2024 · €1.07M
2019: €573k
2020: €541k
2021: €599k
2022: €850k
2023: €885k
2024: €1.07M
2019 → 2025
Net result
€254k▼ 0.9%
2024 · €256k
2019: €113k
2020: €34k
2021: €36k
2022: €33k
2023: €31k
2024: €256k
2019 → 2025
Working capital
€532k▲ 97.0%
2024 · €270k
2019: €3k
2020: €-9k
2021: €-18k
2022: €195k
2023: €26k
2024: €270k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€156k-€188k▲ 20.8%€219k▲ 16.2%€474k▲ 117%€727k▲ 53.4%
Operating result€51k-€52k▲ 1.5%€58k▲ 10.7%€358k▲ 522%€389k▲ 8.7%
Net result€36k-€33k▼ 8.5%€31k▼ 5.9%€256k▲ 719%€254k▼ 0.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 9% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.33M
Fixed assets
€587k▼ 7.3%
Current assets
€746k▲ 72.3%
Equity and liabilities €1.33M
Equity
€727k▲ 53.4%
Debt
€605k▲ 2.3%
The debt ratio falls from 55.5% to 45.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€443k▲
2024 · €419k
Cash flow
€308k▼
2024 · €317k
Solvency
54.6%▲
2024 · 44.5%
Current ratio
3.49▲
2024 · 2.66
Quick ratio
3.48▲
2024 · 2.66
Debt / equity
0.83▼
2024 · 1.25
ROE
34.9%▼
2024 · 54.1%
ROA
19.1%▼
2024 · 24.0%
Interest coverage
27.48▼
2024 · 28.12
Debt
€605k▲
2024 · €592k
Debt ≤ 1 year
€214k▲
2024 · €163k
Debt > 1 year
€390k▼
2024 · €427k
Income taxes
€119k▲
2024 · €89k
Staff costs
€271k▲
2024 · €233k
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€1.07M€1.33M▲
Fixed assets21/28€633k€587k▼
Tangible fixed assets22/27€633k€587k▼
Land and buildings22€574k€553k▼
Plant, machinery and equipment23€1k€1k▼
Furniture and vehicles24€58k€33k▼
Current assets29/58€433k€746k▲
Stocks and contracts in progress3€0€1k▲
Stocks30/36€0€1k▲
Amounts receivable within one year40/41€198k€306k▲
Trade receivables40€181k€291k▲
Other amounts receivable41€18k€15k▼
Cash at bank and in hand54/58€202k€411k▲
Deferred charges and accrued income490/1€33k€27k▼
Equity and liabilities
Total equity and liabilities10/49€1.07M€1.33M▲
Equity10/15€474k€727k▲
Contributions10/11€19k€19k=
Reserves13€456k€709k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€454k€707k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€592k€605k▲
Amounts payable after more than one year17€427k€390k▼
Financial debts170/4€392k€355k▼
Other amounts payable178/9€35k€35k=
Amounts payable within one year42/48€163k€214k▲
Current portion of amounts payable after more than one year42€48k€37k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€21k€63k▲
Suppliers440/4€21k€63k▲
Taxes, remuneration and social security45€47k€55k▲
Taxes450/3€26k€17k▼
Remuneration and social security454/9€21k€38k▲
Other amounts payable47/48€48k€59k▲
Accrued charges and deferred income492/3€2k€1k▼
Income statement
Code20242025
Remuneration, social security and pensions62€233k€271k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€61k€54k▼
Other operating charges640/8€7k€8k▲
Non-recurring operating charges66A€589€0▼
Gross operating margin9900€660k€722k▲
Operating profit (loss)9901€358k€389k▲
Financial income75/76B€3k€0▼
Recurring financial income75€3k€0▼
Financial charges65/66B€15k€16k▲
Recurring financial charges65€15k€16k▲
Profit (loss) for the period before taxes9903€346k€373k▲
Income taxes67/77€89k€119k▲
Profit (loss) for the period9904€256k€254k▼
Profit (loss) for the period to be appropriated9905€256k€254k▼
Appropriation of the result
Profit (loss) to be appropriated9906€256k€254k▼
Transfer to equity691/2€255k€253k▼
To other reserves6921€255k€253k▼
Profit to be distributed694/7€850€850=
Return on contributions (dividend)694€850€850=
Social balance
Average headcount (FTE)9087-4.8
The notes to these accounts (17 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
31-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Equity above €500kEq €727k ▲53.4%
7 profitable years in a row build equity to €727k.
30-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 58 days late
2024
30-06
Financial
Highest result since 2019net €256k ▲719%
Net result €256k, the highest in the series.
30-06
Financial
Liquidity doublescurrent ratio 2.66
Current ratio from 1.14 to 2.66; short-term debt falls from €189k to €163k.
15-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 44 days late
2023
30-06
Financial
Weakest financial yearnet €31k ▼5.9%
Net result drops to €31k, the lowest in the series; recovery starts the following year.
30-06
Financial
Equity above €200kEq €219k ▲16.2%
5 profitable years in a row build equity to €219k.
28-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
30-06
Financial
Liquidity doublescurrent ratio 2.14
Current ratio from 0.91 to 2.14; short-term debt falls from €187k to €171k.
03-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 3 days late
2021
30-06
Financial
Equity above €150kEq €156k ▲29.6%
3 profitable years in a row build equity to €156k.
27-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
30-06
Financial
Equity above €100kEq €120k ▲39.6%
2 profitable years in a row build equity to €120k.
26-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Menen · 2 establishment units since 2019
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.
Krommebeekstraat 328930 MenenGround area
4,438 m²
Building footprint
2,409 m²
Volume, LiDAR
19,428 m³
2 parcels, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
STUDIO BLEAU
since 20192.287.637.112
STUDIO BLEAU
since 20192.287.637.013
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34372B0213/00L000 | Flanders | 4,345 m² | 1 · 2,315 m² | 11.6 m · 3 fl. |
| 38342G0829/00A000 | Flanders | 93 m² | 1 · 93 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Britt Van Namen Interieurarchitect
BE 0636.817.470
Schilde · Eq €728k
L'Ombre
BE 0841.668.406
Pittem · Eq €737k
INT-VERDE
BE 0673.868.304
Moorslede · Eq €738k
ZILT
BE 0742.708.709
Knokke-Heist · Eq €741k
PIETER VANDENHOUT
BE 0441.813.917
Bertem · Eq €711k
Of 3,916 companies in sector 71112 we hold annual accounts for 1,295. 584 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded25-03-2019
Fiscal year end30-06
Activities, NACEBEL
71112Activities of interior architects
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.