STUDIO FRIDA
ActiveSummary
STUDIO FRIDA has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14k and a net result of €1k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 24% of 7058 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▲+1
Solvency44▼-1
Growth58=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.97 against 1.23 in 2024; short-term debt: 50.8% and cash: 46.6% of total assets), but 81.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 7058 sector peers (2025).
NBB · sector comparisonPosition among 7058 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 20-11-2025, 41 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
41 d early
2024
11 d early
2023
19 d early
2022
1 d early
2021
14 d early
2020
9 d early
2019
47 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-05-2026 and is due by 31-12-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-05-2026 close25-09-2026 today31-12-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€14k▲ 9.8%
2024 · €13k
2019: €29k
2020: €30k▲ +4.0% vs 2019
2021: €31k▲ +2.0% vs 2020
2022: €31k▲ +0.6% vs 2021
2023: €34k▲ +10.7% vs 2022highest in 7 years
2024: €13k▼ -63.0% vs 2023lowest in 7 years
2025: €14k▲ +9.8% vs 2024
2019 → 2025
Total assets
€76k▲ 16.1%
2024 · €65k
2019: €97khighest in 7 years
2020: €79k▼ -18.0% vs 2019
2021: €93k▲ +17.1% vs 2020
2022: €62k▼ -33.1% vs 2021lowest in 7 years
2023: €66k▲ +6.5% vs 2022
2024: €65k▼ -1.7% vs 2023
2025: €76k▲ +16.1% vs 2024
2019 → 2025
Net result
€1k▲ 111%
2024 · €593
2019: €462
2020: €1k▲ +155% vs 2019
2021: €598▼ -49.3% vs 2020
2022: €191▼ -68.0% vs 2021lowest in 7 years
2023: €3k▲ +1648% vs 2022highest in 7 years
2024: €593▼ -82.3% vs 2023
2025: €1k▲ +111% vs 2024
2019 → 2025
Working capital
€37k▲ 212%
2024 · €12k
2019: €94khighest in 7 years
2020: €38k▼ -59.9% vs 2019
2021: €31k▼ -17.6% vs 2020
2022: €32k▲ +4.3% vs 2021
2023: €34k▲ +4.9% vs 2022
2024: €12k▼ -64.7% vs 2023lowest in 7 years
2025: €37k▲ +212% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€31k-€31k▲ 0.6%€34k▲ 10.7%€13k▼ 63.0%€14k▲ 9.8%
2021: €31k
2022: €31k▲ +0.6% vs 2021
2023: €34k▲ +10.7% vs 2022highest in 5 years
2024: €13k▼ -63.0% vs 2023lowest in 5 years
2025: €14k▲ +9.8% vs 2024
Operating result€885-€647▼ 26.9%€5k▲ 654%€1k▼ 78.1%€3k▲ 139%
2021: €885
2022: €647▼ -26.9% vs 2021lowest in 5 years
2023: €5k▲ +654% vs 2022highest in 5 years
2024: €1k▼ -78.1% vs 2023
2025: €3k▲ +139% vs 2024
Net result€598-€191▼ 68.0%€3k▲ 1,648%€593▼ 82.3%€1k▲ 111%
2021: €598
2022: €191▼ -68.0% vs 2021lowest in 5 years
2023: €3k▲ +1648% vs 2022highest in 5 years
2024: €593▼ -82.3% vs 2023
2025: €1k▲ +111% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 139% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €76k
Equity
€14k ▲ 9.8%
Debt
€62k ▲ 17.7%
Debt's share of the balance-sheet total rises from 80.4% to 81.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€3k▲
2024 · €2k
Cash flow
€2k▲
2024 · €1k
Current ratio
1.97▲
2024 · 1.23
Debt to equity
4.39▲
2024 · 4.10
ROE
8.9%▲
2024 · 4.6%
ROA
1.7%▲
2024 · 0.9%
Interest coverage
87.56▲
2024 · 55.56
Debt ≤ 1 year
€38k▼
2024 · €52k
Debt > 1 year
€23k▲
2024 · €50
Income taxes
€1k▲
2024 · €438
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€65k€76k▲
Fixed assets21/28€873€0▼
Tangible fixed assets22/27€873€0▼
Furniture and vehicles24€873€0▼
Current assets29/58€64k€76k▲
Amounts receivable within one year40/41€41k€37k▼
Trade receivables40€39k€34k▼
Other amounts receivable41€2k€3k▲
Cash at bank and in hand54/58€21k€35k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€65k€76k▲
Equity10/15€13k€14k▲
Contributions10/11€6k€6k=
Reserves13€6k€8k▲
Distributable reserves133€6k€8k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€52k€62k▲
Amounts payable after more than one year17€50€23k▲
Other amounts payable178/9€50€23k▲
Amounts payable within one year42/48€52k€38k▼
Trade debts44€26k€31k▲
Suppliers440/4€26k€31k▲
Taxes, remuneration and social security45€4k€8k▲
Taxes450/3€4k€8k▲
Other amounts payable47/48€22k€0▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€895€873▼
Other operating charges640/8€50€387▲
Gross operating margin9900€2k€4k▲
Operating profit (loss)9901€1k€3k▲
Financial income75/76B-€30
Recurring financial income75-€30
Financial charges65/66B€35€39▲
Recurring financial charges65€35€39▲
Profit (loss) for the period before taxes9903€1k€3k▲
Income taxes67/77€438€1k▲
Profit (loss) for the period9904€593€1k▲
Profit (loss) for the period to be appropriated9905€593€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€593€1k▲
Transfer from equity791/2€22k€0▼
Transfer to equity691/2€593€1k▲
To other reserves6921€593€1k▲
Profit to be distributed694/7€22k€0▼
Return on contributions (dividend)694€22k€0▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €22 | €895 | €895 | €873 | ▼ 2.5% |
| Other operating charges640/8 | - | - | - | €50 | €387 | ▲ 675% |
| Gross operating margin9900 | €885 | €669 | €6k | €2k | €4k | ▲ 89.3% |
| Operating profit (loss)9901 | €885 | €647 | €5k | €1k | €3k | ▲ 139% |
| Financial income75/76B | - | €1 | - | - | €30 | - |
| Recurring financial income75 | - | €1 | - | - | €30 | - |
| Financial charges65/66B | - | €32 | €34 | €35 | €39 | ▲ 10.6% |
| Recurring financial charges65 | €57 | €32 | €34 | €35 | €39 | ▲ 10.6% |
| Profit (loss) for the period before taxes9903 | €829 | €616 | €5k | €1k | €3k | ▲ 146% |
| Income taxes67/77 | €231 | €424 | €2k | €438 | €1k | ▲ 194% |
| Profit (loss) for the period9904 | €598 | €191 | €3k | €593 | €1k | ▲ 111% |
| Profit (loss) for the period to be appropriated9905 | €598 | €191 | €3k | €593 | €1k | ▲ 111% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €93k | €62k | €66k | €65k | €76k | ▲ 16.1% |
| Fixed assets21/28 | - | €3k | €2k | €873 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | - | €3k | €2k | €873 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €3k | €2k | €873 | €0 | ▼ 100% |
| Current assets29/58 | €93k | €59k | €64k | €64k | €76k | ▲ 17.7% |
| Stocks and contracts in progress3 | €14k | - | - | - | - | - |
| Amounts receivable within one year40/41 | €76k | €32k | €42k | €41k | €37k | ▼ 9.3% |
| Trade receivables40 | - | €32k | €40k | €39k | €34k | ▼ 13.9% |
| Other amounts receivable41 | - | - | €1k | €2k | €3k | ▲ 90.5% |
| Cash at bank and in hand54/58 | €3k | €25k | €23k | €21k | €35k | ▲ 65.6% |
| Deferred charges and accrued income490/1 | - | €2k | - | €2k | €3k | ▲ 61.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €93k | €62k | €66k | €65k | €76k | ▲ 16.1% |
| Equity10/15 | €31k | €31k | €34k | €13k | €14k | ▲ 9.8% |
| Contributions10/11 | - | €8k | €8k | €6k | €6k | = |
| Reserves13 | €23k | €24k | €27k | €6k | €8k | ▲ 19.6% |
| Distributable reserves133 | - | €24k | €27k | €6k | €8k | ▲ 19.6% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €62k | €31k | €32k | €52k | €62k | ▲ 17.7% |
| Amounts payable after more than one year17 | - | €35 | €50 | €50 | €23k | ▲ 46,009% |
| Other amounts payable178/9 | - | €35 | €50 | €50 | €23k | ▲ 46,009% |
| Amounts payable within one year42/48 | €62k | €27k | €31k | €52k | €38k | ▼ 26.6% |
| Trade debts44 | €60k | €23k | €27k | €26k | €31k | ▲ 18.1% |
| Suppliers440/4 | - | €23k | €27k | €26k | €31k | ▲ 18.1% |
| Taxes, remuneration and social security45 | - | €4k | €3k | €4k | €8k | ▲ 91.3% |
| Taxes450/3 | - | €4k | €3k | €4k | €8k | ▲ 91.3% |
| Other amounts payable47/48 | - | - | - | €22k | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | €4k | €1k | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €598 | €191 | €3k | €593 | €1k | ▲ 111% |
| + Depreciation and write-downs630 | - | €22 | €895 | €895 | €873 | ▼ 2.5% |
| Operating cash flow (approximation) | €598 | €213 | €4k | €1k | €2k | ▲ 42.6% |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | €0 | - |
| Change in cash | - | €22k | €-2k | €-1k | €14k | ▲ 1,083% |
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
Next filing, fiscal year 2026, expected by
2025
20-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
20-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
12-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-05
Financial
Highest result since 2019net €3k ▲1,648%
Operating result €5k, net result €3k, both a record.
2022
30-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-05
Financial
Weakest financial yearnet €191 ▼68%
Net result drops to €191, the lowest in the series; recovery starts the following year.
2021
17-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
22-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
14-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
28-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Lennik · 1 establishment unit since 2017
Ground area
3,704 m²
Building footprint
142 m²
Volume, LiDAR
447 m³
Parcel 23075A0318/00D000, Flanders · tallest building 4.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
STUDIO FRIDA
since 20172.271.752.272
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23075A0318/00D000 | Flanders | 3,704 m² | 1 · 142 m² | 4.1 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Legal Entity Identifier
6488ZQ5C3J53Q52G0N65
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Of 9,862 companies in sector 73110 we hold annual accounts for 3,753. 2,340 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-12-2017
Fiscal year end31-05
Activities, NACEBEL 2025
73110Advertising agencies
70100Activities of head offices
82200Office administrative, office support and other business support activities
Scores and ratios are computed by Checked and are not a credit decision.