STUDIO GLOBO
ActiveSummary
STUDIO GLOBO has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €954,356 and a net result of €43,178. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 60% of 690 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability82▲+73
Solvency90▼-1
Growth52▲+20
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 2.49 against 2.59 in 2024; short-term debt: 30.3% and cash: 35.1% of total assets), and 34.8% of the assets are financed with debt.
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Signals
Six 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 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
65.2%
Return on assets
2.9%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
58 d early
2024
26 d late
2023
26 d early
2022
54 d early
2021
90 d early
2020
22 d early
2019
51 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 39 days before the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
€308,294▼ 9.7%
2024 · €341,317
EBIT margin
12.7%▲ 34.6pp
2024 · -21.9%
Net result
€43,178
2024 · -€61,326
Working capital
€659,730▲ 7.0%
2024 · €616,469
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€341,317€308,294▼ 9.7%
Operating result€2,752▼ 58.3%-€48,315€45,480-€74,720€39,234
Net result€1,247▼ 80.3%-€49,349€59,641-€61,326€43,178
EBIT margin-21.9%12.7%▲ 34.6pp
Equity€962,212▲ 0.1%€912,864▼ 5.1%€972,505▲ 6.5%€911,178▼ 6.3%€954,356▲ 4.7%
Total assets€2.0m▲ 11.7%€1.5m▼ 22.0%€1.5m▼ 2.2%€1.4m▼ 8.3%€1.5m▲ 6.7%
Debt€870,403▲ 27.6%€533,615▼ 38.7%€467,094▼ 12.5%€431,502▼ 7.6%€466,293▲ 8.1%
Working capital€716,472▼ 0.2%€653,057▼ 8.9%€655,647▲ 0.4%€616,469▼ 6.0%€659,730▲ 7.0%
Staff (FTE)36▲ 1.4%35.7▼ 0.8%33.8▼ 5.3%31.4▼ 7.1%29.6▼ 5.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €39,234 after a loss of €74,720 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.5m
Fixed assets
€361,215 ▼ 2.0%
Current assets
€1.1m ▲ 9.8%
Equity and liabilities €1.5m
Equity
€954,356 ▲ 4.7%
Provisions
€43,599 ▲ 45.2%
Debt
€466,293 ▲ 8.1%
Debt's share of the balance-sheet total rises from 31.4% to 31.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€70,503▲
2024 · -€35,644
Cash flow
€74,446▲
2024 · -€22,250
Current ratio
2.49▼
2024 · 2.59
Debt to equity
0.49▲
2024 · 0.47
ROE
4.5%▲
2024 · -6.7%
ROA
2.9%▲
2024 · -4.5%
Interest coverage
25.69▲
2024 · -7.54
Debt ≤ 1 year
€443,303▲
2024 · €387,813
Staff costs
€1.3m▼
2024 · €1.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,684 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,058 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% | 1.6% |
| 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 74% 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 14,684 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €341,317 | €308,294 | ▼ 9.7% |
| Non-recurring operating income76A | - | €152 | - | - | €159,450 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €1.5m | €1.3m | €1.4m | ▲ 6.6% |
| Remuneration, social security and pensions62 | €1.4m | €1.3m | €1.2m | €1.3m | €1.3m | ▼ 5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €41,194 | €39,522 | €35,398 | €39,076 | €31,269 | ▼ 20.0% |
| Other operating charges640/8 | €716 | €1,073 | €5,702 | €36,182 | €7,414 | ▼ 79.5% |
| Non-recurring operating charges66A | €100 | - | - | €0 | - | - |
| Gross operating margin9900 | €1.4m | €1.3m | €1.3m | €1.3m | €1.4m | ▲ 3.2% |
| Operating profit (loss)9901 | €2,752 | -€48,315 | €45,480 | -€74,720 | €39,234 | ▲ 153% |
| Financial income75/76B | €24 | €192 | €15,131 | €18,121 | €6,688 | ▼ 63.1% |
| Recurring financial income75 | €24 | €192 | €15,131 | €18,121 | €6,688 | ▼ 63.1% |
| Financial charges65/66B | €1,529 | €1,226 | €970 | €4,727 | €2,745 | ▼ 41.9% |
| Recurring financial charges65 | €1,529 | €1,226 | €970 | €4,727 | €2,745 | ▼ 41.9% |
| Profit (loss) for the period before taxes9903 | €1,247 | -€49,349 | €59,641 | -€61,326 | €43,178 | ▲ 170% |
| Profit (loss) for the period9904 | €1,247 | -€49,349 | €59,641 | -€61,326 | €43,178 | ▲ 170% |
| Profit (loss) for the period to be appropriated9905 | €1,247 | -€49,349 | €59,641 | -€61,326 | €43,178 | ▲ 170% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.0m | €1.5m | €1.5m | €1.4m | €1.5m | ▲ 6.7% |
| Fixed assets21/28 | €440,116 | €410,149 | €377,091 | €368,430 | €361,215 | ▼ 2.0% |
| Intangible fixed assets21 | €81,379 | €57,829 | €34,973 | €15,579 | €245 | ▼ 98.4% |
| Tangible fixed assets22/27 | €32,932 | €26,515 | €16,292 | €27,031 | €25,122 | ▼ 7.1% |
| Land and buildings22 | €24,643 | €21,292 | €12,989 | - | - | - |
| Plant, machinery and equipment23 | €544 | €500 | €531 | €19,853 | €18,100 | ▼ 8.8% |
| Furniture and vehicles24 | €7,745 | €4,723 | €2,772 | €2,309 | €3,294 | ▲ 42.6% |
| Other tangible fixed assets26 | - | - | - | €4,868 | €3,728 | ▼ 23.4% |
| Financial fixed assets28 | €325,805 | €325,805 | €325,826 | €325,820 | €335,848 | ▲ 3.1% |
| Current assets29/58 | €1.5m | €1.1m | €1.1m | €1.0m | €1.1m | ▲ 9.8% |
| Amounts receivable within one year40/41 | €171,529 | €291,146 | €353,947 | €240,409 | €372,486 | ▲ 54.9% |
| Trade receivables40 | €87,072 | €160,754 | €240,045 | €137,181 | €91,678 | ▼ 33.2% |
| Other amounts receivable41 | €84,457 | €130,392 | €113,902 | €103,229 | €280,808 | ▲ 172% |
| Current investments50/53 | - | - | - | - | €200,000 | - |
| Cash at bank and in hand54/58 | €1.3m | €820,543 | €757,873 | €708,195 | €514,583 | ▼ 27.3% |
| Deferred charges and accrued income490/1 | €14,070 | €9,551 | €8,705 | €55,676 | €15,963 | ▼ 71.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.0m | €1.5m | €1.5m | €1.4m | €1.5m | ▲ 6.7% |
| Equity10/15 | €962,212 | €912,864 | €972,505 | €911,178 | €954,356 | ▲ 4.7% |
| Contributions10/11 | - | €247,711 | €247,711 | €247,711 | €247,711 | = |
| Capital10 | - | €247,711 | €247,711 | €247,711 | €247,711 | = |
| Reserves13 | €714,502 | €714,502 | €714,502 | €663,467 | €663,467 | = |
| Profit (loss) carried forward14 | - | -€49,349 | €10,292 | - | €43,178 | - |
| Provisions and deferred taxes16 | €131,605 | €84,910 | €58,017 | €30,031 | €43,599 | ▲ 45.2% |
| Provisions for liabilities and charges160/5 | €39,183 | €3,817 | €7,740 | €3,806 | €7,591 | ▲ 99.5% |
| Other liabilities and charges164/5 | €39,183 | €3,817 | €7,740 | €3,806 | €7,591 | ▲ 99.5% |
| Amounts payable17/49 | €870,403 | €533,615 | €467,094 | €431,502 | €466,293 | ▲ 8.1% |
| Amounts payable within one year42/48 | €807,632 | €468,183 | €464,878 | €387,813 | €443,303 | ▲ 14.3% |
| Trade debts44 | €500,957 | €172,395 | €154,395 | €259,762 | €287,562 | ▲ 10.7% |
| Suppliers440/4 | €500,957 | €172,395 | €154,395 | €259,762 | €287,562 | ▲ 10.7% |
| Taxes, remuneration and social security45 | €306,461 | €295,368 | €310,064 | €122,107 | €155,741 | ▲ 27.5% |
| Taxes450/3 | €22,089 | €26,306 | €25,010 | €22,511 | €20,149 | ▼ 10.5% |
| Remuneration and social security454/9 | €284,373 | €269,062 | €285,054 | €99,596 | €135,592 | ▲ 36.1% |
| Accrued charges and deferred income492/3 | €62,770 | €65,432 | €2,216 | €43,690 | €22,990 | ▼ 47.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,247 | -€49,349 | €59,641 | -€61,326 | €43,178 | ▲ 170% |
| + Depreciation and write-downs630 | €41,194 | €39,522 | €35,398 | €39,076 | €31,269 | ▼ 20.0% |
| Operating cash flow (approximation) | €42,441 | -€9,827 | €95,039 | -€22,250 | €74,446 | ▲ 435% |
| Investment in fixed assets (approximation) | - | -€9,555 | -€2,340 | -€30,415 | -€24,054 | ▲ 20.9% |
| Change in cash | - | -€517,963 | -€62,670 | -€49,678 | -€193,612 | ▼ 290% |
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
2026
24-09
State Gazette act
Appointment: Eva MAES (managing director)Resignation: Sigrid VERSCHOORE (gedelegeerd bestuurder ad interim)11 facts ▸
State Gazette act
Appointment: Eva MAES (managing director)
Resignation: Sigrid VERSCHOORE (gedelegeerd bestuurder ad interim)11 facts ▸
- Board meeting, 08-07-2026
- Director appointment, Eva MAES (managing director)
- Director resignation, Sigrid VERSCHOORE (gedelegeerd bestuurder ad interim)
- Board composition, Katrien DE MAEGD (chair)
- Board composition, Eva MAES (secretary and managing director)
- Board composition, Ward DE BOE (director)
- Board composition, Peter BERTELS (director)
- Board composition, Luc CLAESSENS (director)
- Board composition, Koen KNOOPS (director)
- Board composition, Annemie LEMAHIEU (director)
- Board composition, Patricia VAN DEN BOSSCHE (director)
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €43,178
Net result €43,178 after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
31-12
Financial
Weakest financial yearnet -€61,326
Net result drops to -€61,326, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €59,641
Net result €59,641 after one loss-making year.
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
10-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
07-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
07-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
09-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 20 acts read
About the unread acts
Of the 20 Belgian State Gazette acts we know for this company, 1 has been read. The other 19 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 office holder, last change in 2026
Day-to-day management 1
Eva MAES
CurrentManaging director · since 16-09-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
19 of this company's 20 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2006
Ground area
1,170 m²
Building footprint
879 m²
Volume, LiDAR
8,724 m³
Parcel 21809K0400/00G000, Brussels · tallest building 17.8 m, ±3 floors. Linked by address, not a title deed.
12
companies at this address
See who is registered here
1 establishment unit
STUDIO GLOBO
since 20062.155.035.538
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21809K0400/00G000 | Brussels | 1,170 m² | 1 · 879 m² | 17.8 m · 3 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.
Mandate history
2 people since 2026, 1 in office
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Eva MAES |
|
| Sigrid VERSCHOORE |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 605,000 EUR awarded · 569,800 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 149,000 EUR | 148,600 EUR |
| 2024 | 2 | 176,000 EUR | 169,400 EUR |
| 2023 | 1 | 143,000 EUR | 140,800 EUR |
| 2022 | 1 | 137,000 EUR | 111,000 EUR |
Federal government
2023 to 2025 · 6 entries · 5,342,337 EUR in total| Year | Department | Transactions | Amount |
|---|---|---|---|
| 2025 | FOD Buitenlandse Zaken | 2 | 1,752,104 EUR |
| 2024 | FOD Buitenlandse Zaken | 2 | 1,811,340 EUR |
| 2023 | FOD Buitenlandse Zaken | 2 | 1,778,893 EUR |
European Union, budget
2025 · 1 entry · 43,575 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2025 | 1 | 43,575 EUR |
Projects
LRE YOUTH AMBASSADORS NETWORK
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Identification & contact
Identification
Legal formNon-profit association
Founded20-02-2003
Fiscal year end31-12
Activities, NACEBEL 2025
85699Other educational support services
94999Other membership organisations
85592Vocational training
E-invoicing
Reachable via Peppol
Peppol ID
0208:0479866027
Also
9925:BE0479866027
Registered
24-11-2023
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.