STUDIO BOILER
ActiveSTUDIO BOILER has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €153k and a net result of €33k. Equity is growing by ~17.6% per year across the filed fiscal years. Its solvency ranks better than 34% of 6956 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
94
/ 100
Excellent▲ +16 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+19
Solvency76▲+28
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 2.39 against 1.48 in 2024), but 65.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
34.3%
Return on assets
7.5%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-04-2026, 95 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
95 d early
2024
93 d early
2023
92 d early
2022
69 d early
2021
54 d early
2020
71 d early
2019
42 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€153k▲ 14.5%
2024 · €133k
2018: €26k
2019: €44k
2020: €61k
2021: €93k
2022: €111k
2023: €112k
2024: €133k
2018 → 2025
Total assets
€445k▼ 16.0%
2024 · €530k
2018: €145k
2019: €146k
2020: €155k
2021: €183k
2022: €205k
2023: €419k
2024: €530k
2018 → 2025
Net result
€33k▲ 54.0%
2024 · €22k
2018: €6k
2019: €17k
2020: €18k
2021: €32k
2022: €18k
2023: €22k
2024: €22k
2018 → 2025
Working capital
€130k▲ 43.2%
2024 · €91k
2018: €17k
2019: €20k
2020: €10k
2021: €35k
2022: €55k
2023: €58k
2024: €91k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€93k-€111k▲ 19.2%€112k▲ 0.7%€133k▲ 19.5%€153k▲ 14.5%
Operating result€48k-€30k▼ 36.5%€39k▲ 28.6%€43k▲ 10.6%€58k▲ 35.3%
Net result€32k-€18k▼ 44.0%€22k▲ 24.9%€22k▼ 2.3%€33k▲ 54.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 35% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €445k
Fixed assets
€222k▼ 11.6%
Current assets
€223k▼ 19.9%
Equity and liabilities €445k
Equity
€153k▲ 14.5%
Debt
€293k▼ 26.2%
The debt ratio falls from 74.8% to 65.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€89k▲
2024 · €74k
Cash flow
€64k▲
2024 · €52k
Solvency
34.3%▲
2024 · 25.2%
Current ratio
2.39▲
2024 · 1.48
Quick ratio
2.39▲
2024 · 1.48
Debt / equity
1.91▼
2024 · 2.97
ROE
21.9%▲
2024 · 16.3%
ROA
7.5%▲
2024 · 4.1%
Interest coverage
8.08▲
2024 · 6.44
Debt
€293k▼
2024 · €397k
Debt ≤ 1 year
€93k▼
2024 · €188k
Debt > 1 year
€192k▼
2024 · €203k
Income taxes
€14k▲
2024 · €10k
Staff costs
€103k▼
2024 · €104k
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€530k€445k▼
Fixed assets21/28€251k€222k▼
Intangible fixed assets21€22k€6k▼
Tangible fixed assets22/27€230k€216k▼
Land and buildings22€203k€195k▼
Plant, machinery and equipment23€14k€12k▼
Furniture and vehicles24€12k€9k▼
Current assets29/58€279k€223k▼
Amounts receivable within one year40/41€167k€64k▼
Trade receivables40€67k€52k▼
Other amounts receivable41€101k€12k▼
Current investments50/53€47k€113k▲
Cash at bank and in hand54/58€50k€22k▼
Deferred charges and accrued income490/1€15k€26k▲
Equity and liabilities
Total equity and liabilities10/49€530k€445k▼
Equity10/15€133k€153k▲
Contributions10/11€19k€19k=
Reserves13€115k€134k▲
Distributable reserves133€115k€134k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€397k€293k▼
Amounts payable after more than one year17€203k€192k▼
Financial debts170/4€203k€192k▼
Amounts payable within one year42/48€188k€93k▼
Current portion of amounts payable after more than one year42€14k€12k▼
Financial debts43€50€2k▲
Credit institutions430/8€50-
Other loans439-€2k
Trade debts44€19k€24k▲
Suppliers440/4€19k€24k▲
Taxes, remuneration and social security45€138k€35k▼
Taxes450/3€116k€7k▼
Remuneration and social security454/9€22k€28k▲
Other amounts payable47/48€17k€22k▲
Accrued charges and deferred income492/3€5k€8k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€104k€103k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€31k▲
Other operating charges640/8€4k€4k▼
Gross operating margin9900€182k€196k▲
Operating profit (loss)9901€43k€58k▲
Financial income75/76B€59€177▲
Recurring financial income75€59€177▲
Financial charges65/66B€11k€11k▼
Recurring financial charges65€11k€11k▼
Profit (loss) for the period before taxes9903€32k€48k▲
Income taxes67/77€10k€14k▲
Profit (loss) for the period9904€22k€33k▲
Profit (loss) for the period to be appropriated9905€22k€33k▲
Appropriation of the result
Profit (loss) to be appropriated9906€22k€33k▲
Transfer from equity791/2€0-
Transfer to equity691/2€22k€19k▼
To other reserves6921€22k€19k▼
Profit to be distributed694/7€0€14k▲
Return on contributions (dividend)694€0€14k▲
The notes to these accounts (9 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
27-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €33k ▲54%
Operating result €58k, net result €33k, both a record.
31-12
Financial
Equity above €150kEq €153k ▲14.5%
8 profitable years in a row build equity to €153k.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €111k ▲19.2%
5 profitable years in a row build equity to €111k.
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
21-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Antwerpen · 1 establishment unit since 2016
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.
Lange Dijkstraat 182060 AntwerpenGround area
147 m²
Building footprint
125 m²
Volume, LiDAR
1,625 m³
Parcel 11807G0195/00L015, Flanders · tallest building 17.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Studio Boiler
since 20162.253.723.734
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G0195/00L015 | Flanders | 147 m² | 1 · 125 m² | 17.4 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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IMPULS
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Of 9,805 companies in sector 73110 we hold annual accounts for 3,723. 2,912 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-06-2016
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
74103Other professional, scientific and technical activities
74120Graphic design and visual communication
62010Computer programming, consultancy and related activities
62100Computer programming
70210Activities of head offices; management consultancy activities
73120Media representation
73300Public relations and communication consultancy
74109Other professional, scientific and technical activities
74140Other specialised design activities
74201Photography, excluding press photography
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.