STUDIO EARL
ActiveSummary
The computed 12-month bankruptcy probability of STUDIO EARL is 1.8% (moderate). The 2024 annual accounts show negative equity (-€18,724) and a net result of -€3,512. Equity is shrinking by ~28.6% per year across the filed fiscal years. Its solvency ranks better than 5% of 2278 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 5 accounts on average 7 days before the deadline; the sector median for financial year 2024 is 10 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 63, Computing infrastructure, data processing, hosting and other information service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 6,038 companies that looked in July 2024 the way this one looks now, 7.3% went bankrupt within 24 months and 82% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 2.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,038 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €211 | €374 | €374 | €374 | €374 | = |
| Other operating charges640/8 | - | €403 | €159 | €658 | €886 | ▲ 34.6% |
| Gross operating margin9900 | €3,445 | -€12,576 | -€2,548 | -€2,420 | -€2,033 | ▲ 16.0% |
| Operating profit (loss)9901 | €3,145 | -€13,354 | -€3,081 | -€3,453 | -€3,293 | ▲ 4.6% |
| Financial income75/76B | - | €600 | €1,701 | €253 | - | - |
| Recurring financial income75 | €34 | €600 | €1,701 | €253 | - | - |
| Financial charges65/66B | - | €73 | €56 | €65 | €220 | ▲ 240% |
| Recurring financial charges65 | €15 | €73 | €56 | €65 | €220 | ▲ 240% |
| Profit (loss) for the period before taxes9903 | €3,164 | -€12,827 | -€1,436 | -€3,264 | -€3,512 | ▼ 7.6% |
| Income taxes67/77 | €1,014 | - | - | -€65 | - | - |
| Profit (loss) for the period9904 | €2,150 | -€12,827 | -€1,436 | -€3,199 | -€3,512 | ▼ 9.8% |
| Profit (loss) for the period to be appropriated9905 | €2,150 | -€12,827 | -€1,436 | -€3,199 | -€3,512 | ▼ 9.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €13,286 | €7,627 | €9,811 | €6,398 | €430 | ▼ 93.3% |
| Fixed assets21/28 | €1,660 | €1,286 | €912 | €538 | €164 | ▼ 69.6% |
| Tangible fixed assets22/27 | €1,660 | €1,286 | €912 | €538 | €164 | ▼ 69.6% |
| Plant, machinery and equipment23 | - | €1,286 | €912 | €538 | €164 | ▼ 69.6% |
| Current assets29/58 | €11,625 | €6,340 | €8,899 | €5,860 | €266 | ▼ 95.5% |
| Amounts receivable within one year40/41 | €5,490 | €4,144 | €8,774 | €373 | €263 | ▼ 29.6% |
| Trade receivables40 | - | €4,144 | €8,774 | - | €42 | - |
| Other amounts receivable41 | - | - | - | €373 | €221 | ▼ 40.8% |
| Cash at bank and in hand54/58 | €6,136 | €2,196 | €126 | €5,487 | €3 | ▼ 99.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €13,286 | €7,627 | €9,811 | €6,398 | €430 | ▼ 93.3% |
| Equity10/15 | €2,250 | -€10,577 | -€12,013 | -€15,212 | -€18,724 | ▼ 23.1% |
| Contributions10/11 | - | €100 | €100 | €100 | €100 | = |
| Reserves13 | €2,150 | €2,150 | €2,150 | €2,150 | €2,150 | = |
| Distributable reserves133 | - | €2,150 | €2,150 | €2,150 | €2,150 | = |
| Profit (loss) carried forward14 | - | -€12,827 | -€14,263 | -€17,462 | -€20,974 | ▼ 20.1% |
| Amounts payable17/49 | €11,036 | €18,203 | €21,824 | €21,610 | €19,154 | ▼ 11.4% |
| Amounts payable within one year42/48 | €11,036 | €18,203 | €21,824 | €21,610 | €19,154 | ▼ 11.4% |
| Trade debts44 | €3,564 | €4,210 | - | €2,456 | - | - |
| Suppliers440/4 | - | €4,210 | - | €2,456 | - | - |
| Taxes, remuneration and social security45 | - | €7,106 | €7,547 | €3,000 | - | - |
| Taxes450/3 | - | €3,106 | €1,647 | - | - | - |
| Remuneration and social security454/9 | - | €4,000 | €5,900 | €3,000 | - | - |
| Other amounts payable47/48 | - | €6,887 | €14,277 | €16,154 | €19,154 | ▲ 18.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,150 | -€12,827 | -€1,436 | -€3,199 | -€3,512 | ▼ 9.8% |
| + Depreciation and write-downs630 | €211 | €374 | €374 | €374 | €374 | = |
| Operating cash flow (approximation) | €2,361 | -€12,452 | -€1,062 | -€2,825 | -€3,138 | ▼ 11.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€3,939 | -€2,071 | €5,361 | -€5,484 | ▼ 202% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11022G0476/00R004 | Flanders | 657 m² | 1 · 115 m² | 9.7 m · 1 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.