Studio CNPL
ActiveStudio CNPL has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20k and a net result of €8k. Equity is shrinking by ~9.3% per year across the filed fiscal years. Its solvency ranks better than 11% of 9438 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▼-33
Solvency29▼-64
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 15.25 against 2.97 in 2024; short-term debt: 2.4% and cash: 31.1% of total assets), but 96.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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
3.9%
Return on assets
1.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 9438 sector peers (2025).
NBB · sector comparisonPosition among 9438 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 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 · 5 filingsDeviation from the deadline
2025
5 d late
2024
28 d late
2023
1 d early
2022
19 d early
2021
2 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€20k▲ 48.2%
2024 · €13k
2021: €23k
2022: €31k
2023: €40k
2024: €13k
2021 → 2025
Total assets
€499k▲ 2,461%
2024 · €19k
2021: €35k
2022: €43k
2023: €52k
2024: €19k
2021 → 2025
Net result
€8k▼ 25.0%
2024 · €10k
2021: €20k
2022: €8k
2023: €8k
2024: €10k
2021 → 2025
Working capital
€170k▲ 1,336%
2024 · €12k
2021: €20k
2022: €30k
2023: €40k
2024: €12k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€23k-€31k▲ 34.5%€40k▲ 25.7%€13k▼ 66.7%€20k▲ 48.2%
Operating result€26k-€11k▼ 59.4%€11k▲ 4.5%€14k▲ 22.5%€14k▲ 1.9%
Net result€20k-€8k▼ 60.5%€8k▲ 0.1%€10k▲ 26.0%€8k▼ 25.0%
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 2% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €499k
Fixed assets
€318k▲ 18,795%
Current assets
€182k▲ 919%
Equity and liabilities €499k
Equity
€20k▲ 48.2%
Debt
€480k▲ 7,508%
The debt ratio rises from 32.3% to 96.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€15k▲
2024 · €14k
Cash flow
€9k▼
2024 · €10k
Solvency
3.9%▼
2024 · 67.7%
Current ratio
15.25▲
2024 · 2.97
Quick ratio
15.25▲
2024 · 2.97
Debt / equity
24.54▲
2024 · 0.48
ROE
39.1%▼
2024 · 77.2%
ROA
1.5%▼
2024 · 52.3%
Interest coverage
5.54▼
2024 · 21.07
Debt
€480k▲
2024 · €6k
Debt ≤ 1 year
€12k▲
2024 · €6k
Debt > 1 year
€465k
Income taxes
€4k▲
2024 · €3k
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€19k€499k▲
Fixed assets21/28€2k€318k▲
Tangible fixed assets22/27€2k€318k▲
Furniture and vehicles24€2k€7k▲
Assets under construction and advance payments27-€311k
Current assets29/58€18k€182k▲
Amounts receivable within one year40/41€11k€26k▲
Trade receivables40€10k€25k▲
Other amounts receivable41€1k€1k▲
Cash at bank and in hand54/58€7k€155k▲
Deferred charges and accrued income490/1€0€397▲
Equity and liabilities
Total equity and liabilities10/49€19k€499k▲
Equity10/15€13k€20k▲
Contributions10/11€3k€3k=
Reserves13€10k€17k▲
Distributable reserves133€10k€17k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€6k€480k▲
Amounts payable after more than one year17-€465k
Financial debts170/4-€465k
Amounts payable within one year42/48€6k€12k▲
Trade debts44€112€4k▲
Suppliers440/4€112€4k▲
Taxes, remuneration and social security45€192€1k▲
Taxes450/3€192€1k▲
Other amounts payable47/48€6k€6k▲
Accrued charges and deferred income492/3€307€3k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€191€995▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€15k€16k▲
Operating profit (loss)9901€14k€14k▲
Financial charges65/66B€653€3k▲
Recurring financial charges65€653€3k▲
Profit (loss) for the period before taxes9903€13k€11k▼
Income taxes67/77€3k€4k▲
Profit (loss) for the period9904€10k€8k▼
Profit (loss) for the period to be appropriated9905€10k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€18k€7k▼
Profit (loss) brought forward from the previous period14P€8k€-445▼
Transfer from equity791/2€28k€0▼
Transfer to equity691/2€10k€6k▼
To other reserves6921€10k€6k▼
Profit to be distributed694/7€37k€833▼
Return on contributions (dividend)694€37k€833▼
The notes to these accounts (12 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
05-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 5 days late
2025
31-12
Financial
Weakest financial yearnet €8k ▼25%
Net result drops to €8k, the lowest in the series.
31-12
Financial
Liquidity times 5current ratio 15.25
Current ratio from 2.97 to 15.25.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Sint-Gillis (bij-Brussel) · 1 establishment unit 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.
Capouilletstraat 61060 Sint-Gillis (bij-Brussel)Ground area
97 m²
Building footprint
89 m²
Volume, LiDAR
1,151 m³
Parcel 21013B0011/00E004, Brussels · tallest building 18.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Studio CNPL
since 20192.297.318.997
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21013B0011/00E004 | Brussels | 97 m² | 1 · 89 m² | 18.6 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.
Similar companies · same sector, comparable size
WOOD ARCHITECTS
BE 0546.757.524
Aalter · Eq €20k
Bureau d'Architecture 2G
BE 0845.863.061
Nivelles · Eq €20k
smile architects
BE 1009.036.857
Kortrijk · Eq €20k
HANDASSA OFFICE
BE 0764.807.683
Brussel · Eq €19k
Stéphanie Francq, Architecte & co
BE 0647.708.392
Ham-sur-Heure-Nalinnes · Eq €19k
Of 18,255 companies in sector 71111 we hold annual accounts for 6,320. 4,429 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-12-2019
Fiscal year end31-12
Activities, NACEBEL
71111Activities of building architects
Sources
Crossroads Bank for EnterprisesNational Bank · 5 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.