Studio by Es
Open bankruptcyA bankruptcy procedure is open for Studio by Es according to publications in the Belgian State Gazette; curator: JEROEN PINOY. The file additionally contains 1 administrative flag. The 2022 annual accounts show equity of €19k and a net result of €39k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 21-09-2023, 52 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
52 d late
2021
109 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2022, micro schema
Equity
€19k
2021 · €-20k
2021: €-20k
2021 → 2022
Total assets
€170k▲ 191%
2021 · €58k
2021: €58k
2021 → 2022
Net result
€39k
2021 · €-22k
2021: €-22k
2021 → 2022
Working capital
€-12k▲ 66.6%
2021 · €-36k
2021: €-36k
2021 → 2022
Multi-year overview
Available amounts per fiscal year
Line20212022Trend
Equity€-20k-€19k
Operating result€-21k-€43k
Net result€-22k-€39k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2022: €43k after a loss of €21k in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €170k
Fixed assets
€50k▲ 211%
Current assets
€120k▲ 184%
Equity and liabilities €170k
Equity
€19k
Debt
€151k
Debt finances 89.0% of the balance-sheet total.
Key figures and ratios
EBITDA
€47k▲
2021 · €-19k
Cash flow
€43k▲
2021 · €-21k
Solvency
11.0%▲
2021 · -33.8%
Current ratio
0.91▲
2021 · 0.54
Quick ratio
0.90▲
2021 · 0.51
Debt / equity
8.08▲
2021 · -3.96
ROE
205.6%
ROA
22.6%▲
2021 · -38.1%
Interest coverage
12.74▲
2021 · -18.21
Debt
€151k▲
2021 · €78k
Debt ≤ 1 year
€132k▲
2021 · €78k
Debt > 1 year
€17k
Income taxes
€732▲
2021 · €245
Staff costs
€39k▼
2021 · €39k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€58k€170k▲
Fixed assets21/28€16k€50k▲
Intangible fixed assets21€10k€9k▼
Tangible fixed assets22/27€6k€41k▲
Plant, machinery and equipment23€4k€11k▲
Furniture and vehicles24€1k€30k▲
Current assets29/58€42k€120k▲
Stocks and contracts in progress3€3k€1k▼
Stocks30/36€3k€1k▼
Amounts receivable within one year40/41€35k€109k▲
Trade receivables40€8k€63k▲
Other amounts receivable41€27k€46k▲
Cash at bank and in hand54/58€5k€9k▲
Deferred charges and accrued income490/1€121€559▲
Equity and liabilities
Total equity and liabilities10/49€58k€170k▲
Equity10/15€-20k€19k▲
Contributions10/11€3k€3k=
Reserves13-€16k
Distributable reserves133-€16k
Profit (loss) carried forward14€-22k-
Amounts payable17/49€78k€151k▲
Amounts payable after more than one year17-€17k
Financial debts170/4-€17k
Amounts payable within one year42/48€78k€132k▲
Financial debts43-€12k
Credit institutions430/8-€12k
Trade debts44€54k€59k▲
Suppliers440/4€54k€59k▲
Taxes, remuneration and social security45€6k€14k▲
Taxes450/3€410€996▲
Remuneration and social security454/9€5k€13k▲
Other amounts payable47/48€19k€47k▲
Accrued charges and deferred income492/3-€3k
Income statement
Code20212022
Remuneration, social security and pensions62€39k€39k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€4k▲
Other operating charges640/8€572€10k▲
Gross operating margin9900€20k€96k▲
Operating profit (loss)9901€-21k€43k▲
Financial income75/76B€2€100▲
Recurring financial income75€2€100▲
Financial charges65/66B€1k€4k▲
Recurring financial charges65€1k€4k▲
Profit (loss) for the period before taxes9903€-22k€39k▲
Income taxes67/77€245€732▲
Profit (loss) for the period9904€-22k€39k▲
Profit (loss) for the period to be appropriated9905€-22k€39k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-22k€16k▲
Profit (loss) brought forward from the previous period14P-€-22k
Transfer to equity691/2-€16k
To other reserves6921-€16k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · STUDIO BY ES BV MAGDALEN- ASTEENWEG 18/2, 2812 MUIZEN · event 24-03-2025
24-01
KBO administration
Address struck
2023
21-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 52 days late
2022
31-12
Financial
Back to profitnet €39k
Net result €39k after one loss-making year.
17-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 109 days late
SignalFinancial 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
1 establishment unit since 2021
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.
Ground area
149 m²
Building footprint
105 m²
Volume, LiDAR
571 m³
Parcel 12409A0230/00R003, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Studio by es bv
since 20212.317.068.989
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12409A0230/00R003 | Flanders | 149 m² | 1 · 105 m² | 10.4 m · 2 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JEROEN PINOY CELLEBROEDERSSTRAAT 13,
2800 MECHELEN |
24-03-2025 → present |
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 692 EUR awarded · 692 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 692 EUR | 692 EUR |
Schemes
Vlaams Beschermingsmechanisme 9 (stopgezet)
Recognitions · licences · registrations
Food safety, FASFC
1 siteMechelen2.317.068.989
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Of 2,407 companies in sector 47241 we hold annual accounts for 1,099. 830 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-05-2021
Fiscal year end31-12
Activities, NACEBEL
47241Retail sale of bread and pastry (bakery outlets)
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.