Studio CL
ActiveSummary
Studio CL has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €79,143 and a net result of €6,090. Equity has been growing by about 7.1% per year since 2019. Its solvency ranks better than 30% of 39,275 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 30-03-2007 Normal situation
- Activity
- Business and other management consultancy NACE 70200and 2 others
- Establishment unit
- 2.260.178.588 7750 Mont-de-l'Enclus, since 09-01-2017
- Financial year end
- 31 March
- Peppol
- Reachable since 15-06-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €50,316
- ▼ 23.0%
- Turnover
- ≈ €100,000
- estimated
- Profit
- €6,090
- ▲ 22×
- Equity
- €79,143
- ▲ 7.1%
- Total assets
- €257,625
- ▼ 25.5%
- Staff
- ≈ 0.4 FTE
- estimated
- 2026 accounts not filed, 4 days past the deadline
Score breakdownraises riskFigures for financial year 2025 (filed on 13-06-2025)lowers riskSize: total assets €257,625Liquidity: current ratio 1.36, cash €117,633Sector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 31% of them on solvency, 57% on liquidity, 21% on profitability and 54% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 6 accounts on average 82 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 13-06-2025 PDF all 18 filings
Every figure per financial year
The operating result for 2025 is 42% higher than in 2024. It is the second rise in a row, after the fall in 2023.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 31-03-2022 | 31-03-2023 | 31-03-2024 | 31-03-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €2,735 | €16,472 | €13,566 | €10,681 |
| Intangible fixed assets | - | €4,423 | €593 | - |
| Depreciation and write-downs of the year | €5,258 | €8,519 | €11,280 | €11,700 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €17,457 | €37,945 | €37,700 | €16,278 | ▼ 56.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,518 | €8,225 | €4,455 | €5,258 | €8,519 | €11,280 | €11,700 | ▲ 3.7% |
| Other operating charges640/8 | - | - | - | €969 | €1,213 | €1,323 | €892 | ▼ 32.6% |
| Gross operating margin9900 | €29,973 | €35,196 | €26,462 | €51,118 | €50,220 | €65,367 | €50,316 | ▼ 23.0% |
| Operating profit (loss)9901 | €17,227 | €25,927 | €20,847 | €27,434 | €2,544 | €15,063 | €21,446 | ▲ 42.4% |
| Financial income75/76B | - | - | - | €21 | €587 | €580 | €227 | ▼ 60.9% |
| Recurring financial income75 | €120 | €322 | €132 | €21 | €587 | €580 | €227 | ▼ 60.9% |
| Financial charges65/66B | - | - | - | €11,308 | €11,593 | €15,208 | €13,328 | ▼ 12.4% |
| Recurring financial charges65 | €11,168 | €4,697 | €2,509 | €11,308 | €11,593 | €15,208 | €13,328 | ▼ 12.4% |
| Profit (loss) for the period before taxes9903 | €6,180 | €21,552 | €18,470 | €16,147 | -€8,462 | €435 | €8,345 | ▲ 19× |
| Income taxes67/77 | €1,372 | €5,175 | €4,719 | €4,768 | €167 | €156 | €2,255 | ▲ 14× |
| Profit (loss) for the period9904 | €4,807 | €16,377 | €13,751 | €11,379 | -€8,629 | €280 | €6,090 | ▲ 22× |
| Profit (loss) for the period to be appropriated9905 | €4,807 | €16,377 | €13,751 | €11,379 | -€8,629 | €280 | €6,090 | ▲ 22× |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €220,646 | €229,413 | €320,995 | €297,161 | €231,426 | €345,953 | €257,625 | ▼ 25.5% |
| Formation expenses20 | €0 | - | - | - | - | - | - | - |
| Fixed assets21/28 | €10,335 | €7,300 | €12,648 | €10,125 | €22,500 | €25,379 | €24,360 | ▼ 4.0% |
| Intangible fixed assets21 | €3,000 | €0 | - | - | €4,285 | €4,425 | €3,864 | ▼ 12.7% |
| Tangible fixed assets22/27 | €7,335 | €7,300 | €12,648 | €10,125 | €18,216 | €20,954 | €20,496 | ▼ 2.2% |
| Plant, machinery and equipment23 | - | - | - | €10,125 | €17,438 | €18,808 | €19,532 | ▲ 3.8% |
| Furniture and vehicles24 | - | - | - | - | €778 | €2,146 | €964 | ▼ 55.1% |
| Financial fixed assets28 | €0 | - | - | - | - | - | - | - |
| Current assets29/58 | €210,311 | €222,113 | €308,347 | €287,036 | €208,926 | €320,574 | €233,264 | ▼ 27.2% |
| Stocks and contracts in progress3 | €34,856 | €62,711 | €38,273 | €26,906 | €40,948 | €74,985 | €48,938 | ▼ 34.7% |
| Stocks30/36 | - | - | - | €26,906 | €40,948 | €74,985 | €48,938 | ▼ 34.7% |
| Amounts receivable within one year40/41 | €68,944 | €86,993 | €174,897 | €100,515 | €106,512 | €144,924 | €61,197 | ▼ 57.8% |
| Trade receivables40 | - | - | - | €92,069 | €101,499 | €140,239 | €58,925 | ▼ 58.0% |
| Other amounts receivable41 | - | - | - | €8,446 | €5,013 | €4,684 | €2,272 | ▼ 51.5% |
| Current investments50/53 | €0 | - | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €104,947 | €71,092 | €94,012 | €158,541 | €46,743 | €88,527 | €117,633 | ▲ 32.9% |
| Deferred charges and accrued income490/1 | - | - | - | €1,074 | €14,722 | €12,139 | €5,497 | ▼ 54.7% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €220,646 | €229,413 | €320,995 | €297,161 | €231,426 | €345,953 | €257,625 | ▼ 25.5% |
| Equity10/15 | €40,754 | €57,131 | €70,882 | €82,262 | €73,633 | €73,913 | €79,143 | ▲ 7.1% |
| Contributions10/11 | €31,200 | €0 | - | €31,200 | €31,200 | €31,200 | €31,200 | = |
| Reserves13 | €15,376 | €25,931 | €39,682 | €51,062 | €42,433 | €42,713 | €47,943 | ▲ 12.2% |
| Non-distributable reserves130/1 | - | - | - | €1,098 | €1,098 | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,098 | €1,098 | €0 | - | - |
| Tax-exempt reserves132 | - | - | - | €4,400 | €4,400 | €4,400 | €4,400 | = |
| Distributable reserves133 | - | - | - | €45,564 | €36,935 | €38,313 | €43,543 | ▲ 13.7% |
| Profit (loss) carried forward14 | -€5,823 | €0 | - | - | - | - | €0 | - |
| Provisions and deferred taxes16 | €0 | - | - | - | - | - | - | - |
| Amounts payable17/49 | €179,893 | €172,282 | €250,113 | €214,899 | €157,793 | €272,041 | €178,481 | ▼ 34.4% |
| Amounts payable after more than one year17 | €0 | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €179,722 | €171,159 | €250,113 | €214,525 | €157,474 | €271,714 | €171,512 | ▼ 36.9% |
| Financial debts43 | - | - | - | €50,000 | €50,000 | €100,068 | €25,000 | ▼ 75.0% |
| Credit institutions430/8 | - | - | - | €50,000 | €50,000 | €100,068 | €25,000 | ▼ 75.0% |
| Trade debts44 | €80,692 | €94,714 | €156,820 | €125,986 | €79,046 | €122,761 | €90,647 | ▼ 26.2% |
| Suppliers440/4 | - | - | - | €125,986 | €79,046 | €122,761 | €90,647 | ▼ 26.2% |
| Taxes, remuneration and social security45 | - | - | - | €38,406 | €28,142 | €44,192 | €52,037 | ▲ 17.8% |
| Taxes450/3 | - | - | - | €33,489 | €23,161 | €36,668 | €49,537 | ▲ 35.1% |
| Remuneration and social security454/9 | - | - | - | €4,918 | €4,981 | €7,524 | €2,500 | ▼ 66.8% |
| Other amounts payable47/48 | - | - | - | €133 | €286 | €4,694 | €3,828 | ▼ 18.4% |
| Accrued charges and deferred income492/3 | - | - | - | €374 | €320 | €326 | €6,969 | ▲ 21× |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,807 | €16,377 | €13,751 | €11,379 | -€8,629 | €280 | €6,090 | ▲ 22× |
| + Depreciation and write-downs630 | €11,518 | €8,225 | €4,455 | €5,258 | €8,519 | €11,280 | €11,700 | ▲ 3.7% |
| Operating cash flow (approximation) | €16,325 | €24,603 | €18,206 | €16,637 | -€109 | €11,560 | €17,789 | ▲ 53.9% |
| Investment in fixed assets (approximation) | - | -€5,190 | -€9,803 | -€2,735 | -€20,895 | -€14,159 | -€10,681 | ▲ 24.6% |
| Change in cash | - | -€33,855 | €22,920 | €64,528 | -€111,797 | €41,784 | €29,106 | ▼ 30.3% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 10,904 companies had the same profile as Studio CL has now. Two years later, 95.1% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
That fits the bankruptcy probability of Studio CL itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 10,904 companies, not a prediction for Studio CL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2025 | micro format | 13-06-2025 | 2025-00137178 | |
| 31-03-2024 | micro format | 02-07-2024 | 2024-00209217 | |
| 31-03-2023 | micro format | 07-07-2023 | 2023-00214943 | |
| 31-03-2022 | micro format | 18-10-2022 | 2022-20465384 | |
| 31-03-2021 | micro format | 14-07-2021 | 2021-35200491 | |
| 31-03-2020 | micro format | 06-11-2020 | 2020-69000045 | |
| 31-03-2019 | micro format | 09-10-2019 | 2019-69100435 | |
| 31-03-2018 | micro format | 30-10-2018 | 2018-70900547 | |
| 31-03-2017 | micro format | 13-09-2017 | 2017-61000255 | |
| 31-03-2016 | abbreviated format | 03-11-2016 | 2016-67300197 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 05-01-2024 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Celine Lietaer |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, 1”
Articles of association, deed of 05-01-2024 (in Dutch)
Network & group
Studio CL shares no director with another company.
Companies at the same address
1 other companyConnections & network
1 current directorThe network starts from the directors of Studio CL. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
09-01
Gazette deed
Company renamed from Alice et Maman to Studio CLPower of attorney7 points ▸
- General meeting, 24-12-2025
- Name change, Studio CL
- Other provision, “vrijstelling lezing verslag enige bestuurder, artikel 5:101 WVV” (deed in Dutch)
- Other provision, “enige aandeelhouder, ontvangst en kennisname verslag” (deed in Dutch)
- Other provision, “verlenging lopend boekjaar”, 31-03-2026 (deed in Dutch)
- Power of attorney
- Power of attorney, Pieterjan DE MULDER
05-01
Gazette deed
Change of role: Celine Lietaer, from manager to directorCapital conversion · Reserve release · Amendment of the articles11 points ▸
- General meeting, 26-12-2023
- Other provision, “aanpassing statuten aan WVV met behoud rechtsvorm, statuten aanpassen aan WVV” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “vormen en meerderheden van statutenwijziging, opheffen” (deed in Dutch)
- Amendment of the articles
- Capital
- Director resignation, Celine Lietaer (manager)
- Director appointment, Celine Lietaer (director (not named in the articles))
- Other provision, “kwijting bestuurder, eerstvolgende gewone algemene vergadering beslist omtrent kwijting voor uitoefening mandaat” (deed in Dutch)
- Registered office clause, “8570 Anzegem, Buyckstraat 75” (deed in Dutch)
- Power of attorney, Frederic OPSOMER
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 202514 activities
- Het ontwerp, de productie, de aan- en verkoop van lingerie, slaapkledij, homewear, zwemkledij en accessoires.
- Het ontwerp, de productie, de aan- en verkoop van bedlinnen, tafelbekleding, en accessoires.
- Het ontwerp, de productie, de aan- en verkoop van huisaankleding en stoffen.
- Alle advies in verband met huisaankleding en stoffering.
- Agent zijn voor binnen- en buitenlandse merken van alle bovenstaande producten.
- Het patrimonium, waaronder onroerende goederen kunnen voorkomen, te behouden, en in de ruimste zin van het woord te beheren en oordeelkundig uit te breiden; het beheer, het verwerven, het instandhouden van een onroerend vermogen en de huurfinanciering van onroerende goederen aan derden, evenals alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen, zoals het onderhoud, het valoriseren, de verbouwing, de bebouwing, de ontwikkeling, de verfraaiing, het inhuur nemen en de verhuring van deze goederen evenals zich borgstellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze onroerende goederen.
- Alle vormen van beheer en van beleggingen in effecten en roerende goederen. De vennootschap kan ondermeer belangen nemen in iedere onderneming waarvan het voorwerp gelijkaardig, in overeenstemming met of verwant is met het hare, of aan deze toestaan tussen te komen, deel te nemen of te participeren in haar bedrijf. Het beheren van vennootschappen welk voorwerp deze vennootschappen ook mochten hebben. Bij te dragen tot de vestiging en de ontwikkeling van ondernemingen en inzonderheid het bevorderen van de oprichting van vennootschappen door inbreng, participatie of investering.
- Het waarnemen van alle bestuurs- of analoge opdrachten en functies in andere vennootschappen, het directievoeren over ondernemingen. Zij mag betrokken zijn bij wijze van inbreng, samensmelting, inschrijving of op elke andere wijze, in de ondernemingen, verenigingen of vennootschappen, die een gelijkaardig, soortgelijk of samenhangend voorwerp hebben of die nuttig zijn voor de verwezenlijking van het geheel of een gedeelte van haar voorwerp.
- Het ontwikkelen, kopen, verkopen, in licentie nemen of geven van octrooien, know-how en aanverwante immateriële duurzame activa. Het verwerven, beheren en in waardestellen van brevetten, octrooien en licenties en andere intellectuele rechten.
- De vennootschap kan borgstellingen afleveren en zekerheden stellen voor rekening van om het even welke vennootschap of private personen en inzonderheid voor haar aandeelhouders en voor ondernemingen die rechtstreeks of onrechtstreeks met haar of haar aandeelhouders verbonden zijn.
- De aan- en verkoop, in- en uitvoer, commissiehandel en vertegenwoordiging van om het even welke goederen, in het kort, tussenpersoon in de handel;
- Het vervaardigen, verkopen en verhandelen van alle soorten kledij en stoffen, zowel groot- als kleinhandel.
- Het aankopen van onroerende goederen met het oog deze te realiseren.
- Het leveren van consultancy en managementdiensten in de sector van de kledij en dit zowel op het gebied van aan- en verkoop, productie, design, ontwikkeling, patronen, productiecoördinatie enzovoorts
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 57002C0187/00H000 | Wallonia | 3,159 m² | 1 · 109 m² | 5.7 m · 2 |
| 34002F1076/00D000 | Flanders | 1,435 m² | 1 · 188 m² | 10.1 m · 2 |