STUDIO ELLIS
ActiveSummary
The computed 12-month bankruptcy probability of STUDIO ELLIS is 1.6% (moderate). The 2023 annual accounts show negative equity (-€90,691) and a net result of -€82,905. Its solvency ranks better than 10% of 24624 sector peers (fiscal year 2023). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Axes, FY 2023
Profitability0
Solvency0
Growth-
Track record79
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
-70.4%
Return on assets
-64.4%
Age of the figures
33 mo
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 07-10-2024, 68 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 · 1 filingDeviation from the deadline
2023
68 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2023 accounts 68 days after the deadline; the sector median for financial year 2023 is on the deadline day, and 48% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Equity
-€90,691
Total assets
€128,774
Net result
-€82,905
Working capital
-€47,745
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €128,774
Fixed assets
€63,152
Current assets
€65,623
Key figures and ratios
EBITDA
-€53,550
Cash flow
-€74,300
Solvency
-70.4%
Current ratio
0.58
Quick ratio
0.10
Debt to equity
-2.42
ROA
-64.4%
Interest coverage
-2.58
Debt
€219,465
Debt ≤ 1 year
€113,367
Debt > 1 year
€106,098
Staff costs
€82,272
Annual accounts
| Line | 2023 |
|---|---|
| Remuneration, social security and pensions62 | €82,272 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,605 |
| Other operating charges640/8 | €5,843 |
| Gross operating margin9900 | €34,564 |
| Operating profit (loss)9901 | -€62,155 |
| Financial charges65/66B | €20,749 |
| Recurring financial charges65 | €20,749 |
| Profit (loss) for the period before taxes9903 | -€82,905 |
| Profit (loss) for the period9904 | -€82,905 |
| Profit (loss) for the period to be appropriated9905 | -€82,905 |
| Line | 2023 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €128,774 | |
| Fixed assets21/28 | €63,152 | |
| Intangible fixed assets21 | €1,032 | |
| Tangible fixed assets22/27 | €62,120 | |
| Land and buildings22 | €61,647 | |
| Plant, machinery and equipment23 | €473 | |
| Current assets29/58 | €65,623 | |
| Stocks and contracts in progress3 | €53,777 | |
| Stocks30/36 | €53,777 | |
| Amounts receivable within one year40/41 | €2,610 | |
| Other amounts receivable41 | €2,610 | |
| Cash at bank and in hand54/58 | €8,297 | |
| Deferred charges and accrued income490/1 | €939 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €128,774 | |
| Equity10/15 | -€90,691 | |
| Contributions10/11 | €8,000 | |
| Profit (loss) carried forward14 | -€98,691 | |
| Amounts payable17/49 | €219,465 | |
| Amounts payable after more than one year17 | €106,098 | |
| Financial debts170/4 | €106,098 | |
| Amounts payable within one year42/48 | €113,367 | |
| Current portion of amounts payable after more than one year42 | €22,911 | |
| Trade debts44 | €24,992 | |
| Suppliers440/4 | €24,992 | |
| Taxes, remuneration and social security45 | €29,117 | |
| Taxes450/3 | €23,511 | |
| Remuneration and social security454/9 | €5,606 | |
| Other amounts payable47/48 | €36,347 | |
| Line | 2023 |
|---|---|
| Profit (loss) for the period9904 | -€82,905 |
| + Depreciation and write-downs630 | €8,605 |
| Operating cash flow (approximation) | -€74,300 |
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
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
NBB filing
0 of 2 acts read
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.
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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
Registered office, Turnhout · 1 establishment unit since 2021
Ground area
552 m²
Building footprint
286 m²
Volume, LiDAR
1,953 m³
2 parcels, Flanders · tallest building 13.3 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Studio Ellis
since 20212.325.126.424
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13453T0249/00G009 | Flanders | 297 m² | 1 · 160 m² | 13.3 m · 1 fl. |
| 13453T0249/00C008 | Flanders | 256 m² | 1 · 126 m² | 10.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector and region
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BE 0424.891.771
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PELCKMANS TURNHOUT
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 3,390 companies in sector 47761 we hold annual accounts for 1,156. See the whole sector
Identification & contact
Identification
Legal formGeneral partnership
Founded17-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
47551Retail sale of household furniture
47761Retail sale of flowers, plants, seeds and fertilisers
47559Retail sale of other household articles
47750Retail sale of cosmetics and toilet articles
68203Renting and operating of own or leased non-residential real estate, excluding land
77223Rental and leasing activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0759898196
Also
9925:BE0759898196
Registered
28-04-2026
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.