Studio Ester Goris
ActiveSummary
Studio Ester Goris has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19,821 and a net result of -€15,682. Equity is growing by about 4.4% per year across the filed financial years. Its solvency ranks better than 65% of 198 sector peers (NACE 14, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
- Equity
- €19,821
- Loss
- -€15,682
Why 85raises riskLoss of €15,682 (financial year 2025)lowers riskLiquidity: current ratio 0.98, cash €10,112, halvedSize: total assets €44,221Sector: Manufacture of wearing apparel (NACE 14)Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 14, micro): better than 60% on solvency, 59% on liquidity, 11% on profitability and 16% on growth.
The bankruptcy probability was computed on 29-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 24 days after the deadline; the sector median (NACE 14) for financial year 2024 is 6 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Weakest financial yearnet -€15,682
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2025 annual accounts filed late (26 days) Filed on 26 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00428895.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result turns negative in 2025: a loss of €15,496 after €9,813 in 2024, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 14, Manufacture of wearing apparel: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 5,831 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 84.6% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 5,831 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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €13,613 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,388 | €5,389 | €5,388 | €4,071 | €231 | €2,532 | €6,105 | €8,340 | ▲ 36.6% |
| Other operating charges640/8 | - | - | - | €596 | €489 | €534 | €738 | €638 | ▼ 13.5% |
| Gross operating margin9900 | €3,934 | -€4,633 | €6,382 | €14,143 | €8,872 | €1,489 | €16,656 | -€6,518 | - |
| Operating profit (loss)9901 | -€2,403 | -€10,720 | €402 | €9,476 | €8,152 | -€1,578 | €9,813 | -€15,496 | - |
| Financial income75/76B | - | - | - | €0 | €51 | €0 | €0 | €0 | ▼ 94.4% |
| Recurring financial income75 | - | - | - | €0 | €51 | €0 | €0 | €0 | ▼ 94.4% |
| Financial charges65/66B | - | - | - | €161 | €113 | €46 | €234 | €45 | ▼ 80.8% |
| Recurring financial charges65 | €600 | €293 | €232 | €161 | €113 | €46 | €234 | €45 | ▼ 80.8% |
| Profit (loss) for the period before taxes9903 | -€3,003 | -€11,013 | €170 | €9,315 | €8,090 | -€1,623 | €9,580 | -€15,541 | - |
| Income taxes67/77 | €262 | €123 | €116 | €1,150 | €1,326 | €0 | €3,434 | €141 | ▼ 95.9% |
| Profit (loss) for the period9904 | -€3,265 | -€11,136 | €54 | €8,165 | €6,765 | -€1,623 | €6,146 | -€15,682 | - |
| Profit (loss) for the period to be appropriated9905 | -€3,265 | -€11,136 | €54 | €8,165 | €6,765 | -€1,623 | €6,146 | -€15,682 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €41,322 | €32,787 | €34,934 | €40,922 | €44,904 | €44,430 | €54,427 | €44,221 | ▼ 18.8% |
| Fixed assets21/28 | €15,148 | €9,759 | €4,371 | €300 | €1,902 | €13,353 | €17,511 | €20,405 | ▲ 16.5% |
| Tangible fixed assets22/27 | €14,848 | €9,459 | €4,071 | €0 | €1,602 | €13,053 | €17,211 | €17,085 | ▼ 0.7% |
| Plant, machinery and equipment23 | - | - | - | - | €1,602 | €11,192 | €10,460 | €6,350 | ▼ 39.3% |
| Furniture and vehicles24 | - | - | - | €0 | - | €1,860 | €6,751 | €10,735 | ▲ 59.0% |
| Financial fixed assets28 | €300 | €300 | €300 | €300 | €300 | €300 | €300 | €3,320 | ▲ 11× |
| Current assets29/58 | €26,174 | €23,028 | €30,563 | €40,622 | €43,002 | €31,077 | €36,916 | €23,816 | ▼ 35.5% |
| Amounts receivable within one year40/41 | €13,949 | €6,348 | €12,982 | €6,020 | €10,394 | €9,170 | €5,138 | €13,314 | ▲ 159% |
| Trade receivables40 | - | - | - | €4,620 | €10,394 | €9,170 | €4,572 | €12,748 | ▲ 179% |
| Other amounts receivable41 | - | - | - | €1,400 | €0 | - | €566 | €566 | = |
| Cash at bank and in hand54/58 | €10,972 | €15,418 | €16,282 | €33,268 | €32,608 | €21,908 | €31,558 | €10,112 | ▼ 68.0% |
| Deferred charges and accrued income490/1 | - | - | - | €1,334 | €0 | - | €220 | €390 | ▲ 77.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €41,322 | €32,787 | €34,934 | €40,922 | €44,904 | €44,430 | €54,427 | €44,221 | ▼ 18.8% |
| Equity10/15 | €27,132 | €15,996 | €16,050 | €24,216 | €30,980 | €29,357 | €35,503 | €19,821 | ▼ 44.2% |
| Contributions10/11 | €18,592 | €18,592 | - | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €11,329 | €11,329 | €11,329 | €11,329 | €11,329 | €11,207 | €16,911 | €16,911 | = |
| Non-distributable reserves130/1 | - | - | - | €1,859 | €1,859 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,859 | €1,859 | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €9,470 | €9,470 | €11,207 | €16,911 | €16,911 | = |
| Profit (loss) carried forward14 | -€2,789 | -€13,925 | -€13,871 | -€5,706 | €1,059 | -€442 | €0 | -€15,682 | - |
| Amounts payable17/49 | €14,190 | €16,791 | €18,884 | €16,707 | €13,923 | €15,073 | €18,924 | €24,400 | ▲ 28.9% |
| Amounts payable after more than one year17 | €9,972 | €6,713 | €3,389 | €0 | - | - | - | - | - |
| Financial debts170/4 | - | - | - | €0 | - | - | - | - | - |
| Amounts payable within one year42/48 | €4,218 | €7,932 | €11,474 | €16,707 | €13,923 | €15,073 | €18,924 | €24,400 | ▲ 28.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €3,389 | €0 | - | - | - | - |
| Trade debts44 | €900 | €3,011 | €5,637 | €351 | €401 | €1,166 | €0 | €1,602 | - |
| Suppliers440/4 | - | - | - | €351 | €401 | €1,166 | €0 | €1,602 | - |
| Advances received on contracts in progress46 | - | - | - | - | €1,000 | €1,400 | €1,400 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | - | €3,929 | €6,846 | €4,782 | €4,169 | €994 | ▼ 76.2% |
| Taxes450/3 | - | - | - | €3,929 | €6,846 | €4,782 | €4,169 | €994 | ▼ 76.2% |
| Other amounts payable47/48 | - | - | - | €9,038 | €5,677 | €7,726 | €13,355 | €21,805 | ▲ 63.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,265 | -€11,136 | €54 | €8,165 | €6,765 | -€1,623 | €6,146 | -€15,682 | - |
| + Depreciation and write-downs630 | €5,388 | €5,389 | €5,388 | €4,071 | €231 | €2,532 | €6,105 | €8,340 | ▲ 36.6% |
| Operating cash flow (approximation) | €2,123 | -€5,747 | €5,442 | €12,237 | €6,996 | €909 | €12,251 | -€7,342 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€0 | -€1,832 | -€13,983 | -€10,263 | -€11,234 | ▼ 9.5% |
| Change in cash | - | €4,446 | €864 | €16,986 | -€660 | -€10,700 | €9,651 | -€21,446 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 27 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 26-08-2026 | 2026-00428895 |
| 31-12-2024 | micro format | 08-07-2025 | 2025-00243276 |
| 31-12-2023 | micro format | 08-07-2024 | 2024-00233254 |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00385094 |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20412463 |
| 31-12-2020 | micro format | 31-08-2021 | 2021-61400005 |
| 31-12-2019 | micro format | 31-10-2020 | 2020-68400097 |
| 31-12-2018 | micro format | 30-07-2019 | 2019-42600412 |
| 31-12-2017 | micro format | 31-08-2018 | 2018-55500230 |
| 31-12-2016 | micro format | 31-07-2017 | 2017-40700274 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Capital and shareholders
- 18-08-2023 Converted to unavailable equity
Group and network
Connections & network
No directors read yet: 1 of 3 Gazette acts processed.
History
Acts, filings and financial milestones
18-08
Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointmentsRegistered office clause · Capital conversion · Capital7 facts ▸
- General meeting, 09-08-2023
- Registered office clause, “Schaarbeek, 1030 Brussel” (deed in Dutch)
- Capital conversion, “opheffing, middelen beschikbaar voor uitkering” (deed in Dutch)
- Amendment of the articles
- Capital
- Other provision, “statuut bestuurder terminologie, Bestuurder” (deed in Dutch)
- Director in office, Ester Goris (sole director)
Show earlier events
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21903B0326/00B002 ProtectedSite or landscapeLouis Bertrandlaan |
Brussels | 8,750 m² | 1 · 872 m² | 109.7 m · 34 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “1.Ondersteuning en adviesverlening tijdens het ontwerpproces en de productie van kunstwerken en andere artistieke projecten; 2.Ondersteuning…” (deed in Dutch)
18 activities (deed in Dutch)
- 1.Ondersteuning en adviesverlening tijdens het ontwerpproces en de productie van kunstwerken en andere artistieke projecten
- 2.Ondersteuning en adviesverlening bij bouwprojecten
- 3.Ontwikkeling van specifieke technieken en productieprocessen verband houdend met textiel in de breedste zin
- 4.Ontwerp en productie van ruimtelijke constructies zoals kunstinstallaties,paviljoenen…
- 5.Ontwerp en productie van knippatronen,kledingstukken,architecturaal textiel,kunstwerken en andere artistieke projecten
- 6.Scenografisch ontwerpen van onder andere tentoonstellingsarchitectuur,performative kunst en andere artistieke projecten
- 7.Het componeren,maken en uitgeven van muziek;de productie van originele geluidsopnamen,alsook de promotie,de release en de distributie van geluidsopnamen bij de groothandel,de detailhandel of rechtstreeks bij het publiek.
- 8.Interieurontwerpen;interieurarchitecten:het inrichten van private,commerciële en publieke ruimten,het uitvoeren van studies,het ontwerpen,het verlenen van advies,het toezicht houden op de werkzaamheden,...
- 9.Educatieve ondersteuning en het geven van opleidingen in de gebieden van architectuur,mode,kleermaken en patroontekenen,textiel en alle bovenvermelde activiteiten.
- 10.Alle financiële,commerciële,industriële,burgerlijke,roerende en onroerende handelingen of verrichtingen doen in rechtstreeks of onrechtstreeks verband met haar voorwerp of welke van dien aard zouden zijn dat zij het bereiken ervan geheel of gedeeltelijk vergemakkelijken.
- 11.Onroerende goederen verwerven,laten bouwen en verbouwen,laten opschikken,laten uitrusten,laten ombouwen,laten verfraaien,in huur,erfpacht,opstal of leasing geven of nemen,verkavelen,onderhouden,ontwikkelen en uitbaten,urbaniseren,vervreemden en ruilen,doch alleen met het oog op beheer,wederbelegging en opbrengst.
- 12.Aan-en verkoop van roerende en onroerende goederen voor eigen rekening,evenals de werking ervan.
- 13.Zij mag onder om het even welke vorm samenwerken of samensmelten(inbreng,fusie,opslorping,samenwerking,financiële tussenkomst…)in België of in het buitenland met bestaande of nog op te richten vennootschappen waarvan het voorwerp gelijkaardig of verwant is of van die aard is de realisatie van haar eigen voorwerp te bevorderen of te vergemakkelijken.Deze deelneming kan geschieden door inschrijving op of overname van aandelen,inbreng,fusie,opslorping,splitsing of op welke wijze ook.
- 14.Zij kan ook de functie van bestuurder,directieraadslid of vereffenaar van een andere vennootschap uitoefenen.
- 15.Het bevorderen van de oprichting van vennootschappen,het nemen van deelnemingen of het verrichten van investeringen.
- 16.Het waarnemen van alle bestuurdersopdrachten,mandaten van vereffenaar,het uitoefenen van mandaten en functies die rechtstreeks of onrechtstreeks met haar voorwerp verband houden.
- 17.Het verstrekken van waarborgen ten gunste van derden.
- 18.Bovenvermelde opsomming is niet beperkend,doch dient in de ruimste zin uitgelegd te worden,zodat de vennootschap alle handelingen kan stellen,die op welke wijze ook kunnen bijdragen tot de verwezenlijking van haar voorwerp.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Studio Ester Goris
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Administratieve zetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren in België of buitenland, Brussels Hoofdstedelijk Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, natuurlijke personen of rechtspersonen” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft overdrager,helft koper(s) naar evenredigheid aantal, prijs en voorwaarden oorspronkelijke bekendmaking,of bij betwisting door…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Inbreng in geld met uitgifte nieuwe aandelen, ten minste 15 dagen vanaf openstelling intekening” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Monday of May at 16:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bij ontbinding om welke reden en op welk ogenblik ook, indien geen andere vereffenaar benoemd” (deed in Dutch)