STUDIO BOURGOIS
ActiveSummary
STUDIO BOURGOIS has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22k and a net result of €11k. Equity is growing by ~61.1% per year across the filed fiscal years. Its solvency ranks better than 64% of 9460 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
89
/ 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
Profitability100▲+17
Solvency92▲+13
Growth78=
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.63 against 1.89 in 2024; short-term debt: 28.1% and cash: 31.7% of total assets), and 32.6% 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+raises risk○neutral
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 · 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 →
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
67.4%
Return on assets
32%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
31 d late
2024
27 d late
2023
13 d late
2022
21 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€22k▲ 90.5%
2024 · €12k
2022: €5k
2023: €9k
2024: €12k
2022 → 2025
Total assets
€33k▲ 51.8%
2024 · €22k
2022: €20k
2023: €25k
2024: €22k
2022 → 2025
Net result
€11k▲ 313%
2024 · €3k
2022: €2k
2023: €4k
2024: €3k
2022 → 2025
Working capital
€6k▼ 27.2%
2024 · €8k
2022: €2k
2023: €7k
2024: €8k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€5k-€9k▲ 88.3%€12k▲ 28.0%€22k▲ 90.5%
Operating result€3k-€7k▲ 104%€4k▼ 33.8%€15k▲ 226%
Net result€2k-€4k▲ 80.4%€3k▼ 40.2%€11k▲ 313%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 226% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €33k
Fixed assets
€18k ▲ 289%
Current assets
€15k ▼ 11.7%
Equity and liabilities €33k
Equity
€22k ▲ 90.5%
Debt
€11k ▲ 6.9%
Debt's share of the balance-sheet total falls from 46.3% to 32.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€16k▲
2024 · €6k
Cash flow
€12k▲
2024 · €4k
Current ratio
1.63▼
2024 · 1.89
Debt to equity
0.48▼
2024 · 0.86
ROE
47.5%▲
2024 · 21.9%
ROA
32.0%▲
2024 · 11.8%
Interest coverage
95.94▲
2024 · 73.85
Debt ≤ 1 year
€9k▲
2024 · €9k
Income taxes
€4k▲
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€22k€33k▲
Fixed assets21/28€5k€18k▲
Tangible fixed assets22/27€5k€18k▲
Plant, machinery and equipment23€1k€15k▲
Furniture and vehicles24€4k€3k▼
Current assets29/58€17k€15k▼
Amounts receivable within one year40/41€9k€3k▼
Trade receivables40€9k€3k▼
Other amounts receivable41€417€0▼
Cash at bank and in hand54/58€6k€11k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€22k€33k▲
Equity10/15€12k€22k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€9k€20k▲
Amounts payable17/49€10k€11k▲
Amounts payable within one year42/48€9k€9k▲
Trade debts44€3k€25▼
Suppliers440/4€3k€25▼
Taxes, remuneration and social security45€6k€7k▲
Taxes450/3€4k€5k▲
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€0€3k▲
Accrued charges and deferred income492/3€1k€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€650€668▲
Gross operating margin9900€6k€17k▲
Operating profit (loss)9901€4k€15k▲
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€77€169▲
Recurring financial charges65€77€169▲
Profit (loss) for the period before taxes9903€4k€14k▲
Income taxes67/77€2k€4k▲
Profit (loss) for the period9904€3k€11k▲
Profit (loss) for the period to be appropriated9905€3k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€9k€20k▲
Profit (loss) brought forward from the previous period14P€7k€9k▲
The notes to these accounts (6 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2022net €11k ▲313%
Operating result €15k, net result €11k, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Bilzen-Hoeselt · 1 establishment unit since 2022
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.
Proefbosstraat 573730 Bilzen-HoeseltGround area
2,482 m²
Building footprint
210 m²
Parcel 73032B0599/00C000, Flanders. Linked by address, not a title deed.
1 establishment unit
STUDIO BOURGOIS
since 20222.336.513.234
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73032B0599/00C000 | Flanders | 2,482 m² | 1 · 209 m² | - |
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.
Similar companies · same sector, comparable size
DF Architectuur
BE 1012.906.662
Brecht · Eq €22,476
ILS NEYSEN ARCHITECT
BE 0777.900.210
Brecht · Eq €22,458
02am Architecture
BE 0535.647.262
Lasne · Eq €22,458
RIBEIRO ARCHITECTURE
BE 0801.145.566
Anderlues · Eq €22,449
Architectenbureau Lieven Spiessens
BE 0889.082.006
Lokeren · Eq €22,530
Of 18,255 companies in sector 71111 we hold annual accounts for 6,321. 4,630 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-09-2022
Fiscal year end31-12
Activities, NACEBEL 2025
71111Activities of building architects
71112Activities of interior architects
71113Urban planning and landscape architecture
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.