STUDIO H
ActiveSummary
STUDIO H has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €275 and a net result of €3,165. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 33% of 6162 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability96▲+6
Solvency27▲+27
Growth78=
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Three signals. The signal on the left, the evidence on the right.
+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 2024Solvency, return and age of the figures
Solvency
1.9%
Return on assets
22%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
30 d late
2023
30 d late
2022
31 d late
2021
1 d early
2020
2 d early
2019
89 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 30 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€275
2023 · -€2,889
Total assets
€14,400▲ 74.5%
2023 · €8,252
Net result
€3,165▼ 33.2%
2023 · €4,735
Working capital
-€634▲ 85.9%
2023 · -€4,490
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€3,798-€675▲ 82.2%-€2,536▼ 276%€6,277€3,568▼ 43.2%
Net result-€4,213within the sector's middle half-€1,068within the sector's middle half▲ 74.7%-€2,913within the sector's middle half▼ 173%€4,735within the sector's middle half€3,165within the sector's middle half▼ 33.2%
Equity-€3,874within the sector's middle half€2,180within the sector's middle half-€733within the sector's middle half-€2,889within the sector's middle half▼ 294%€275within the sector's middle half
Total assets€7,079below the sector's middle half▼ 27.7%€9,233below the sector's middle half▲ 30.4%€8,278below the sector's middle half▼ 10.4%€8,252below the sector's middle half▼ 0.3%€14,400below the sector's middle half▲ 74.5%
Debt€10,953▲ 17.2%€7,054▼ 35.6%€9,011▲ 27.7%€11,142▲ 23.6%€14,125▲ 26.8%
Working capital-€6,683within the sector's middle half▼ 88.6%-€629within the sector's middle half▲ 90.6%-€3,542within the sector's middle half▼ 463%-€4,490within the sector's middle half▼ 26.8%-€634within the sector's middle half▲ 85.9%
Solvency-54.7%below the sector's middle half▼ 59.3pp23.6%within the sector's middle half▲ 78.3pp-8.9%within the sector's middle half▼ 32.5pp-35.0%below the sector's middle half▼ 26.2pp1.9%within the sector's middle half▲ 36.9pp
Current ratio0.39below the sector's middle half▼ 0.230.91within the sector's middle half▲ 0.520.61within the sector's middle half▼ 0.300.60within the sector's middle half▼ 0.010.96within the sector's middle half▲ 0.36
Return on assets (ROA)-59.5%below the sector's middle half▼ 103.6pp-11.6%below the sector's middle half▲ 48.0pp-35.2%below the sector's middle half▼ 23.6pp57.4%above the sector's middle half▲ 92.6pp22.0%above the sector's middle half▼ 35.4pp
above
within
below
the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 43% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €14,400
Fixed assets
€910 ▼ 43.2%
Current assets
€13,490 ▲ 103%
Equity and liabilities €14,400
Equity
€275
Debt
€14,125
Debt finances 98.1% of the balance-sheet total.
Key figures and ratios
EBITDA
€4,259▼
2023 · €7,485
Cash flow
€3,856▼
2023 · €5,943
Quick ratio
0.91▲
2023 · 0.54
Interest coverage
10.57▲
2023 · 4.85
Debt ≤ 1 year
€14,125▲
2023 · €11,142
Equity ratios withheld: equity of €275 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,151 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
2.2%
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 1.5% 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 2,151 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €549 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,182 | - | - | €1,208 | €691 | ▼ 42.8% |
| Other operating charges640/8 | - | €1,087 | €433 | €414 | €1,035 | ▲ 150% |
| Gross operating margin9900 | -€2,441 | €412 | -€2,104 | €8,448 | €5,294 | ▼ 37.3% |
| Operating profit (loss)9901 | -€3,798 | -€675 | -€2,536 | €6,277 | €3,568 | ▼ 43.2% |
| Recurring financial income75 | €1 | - | - | - | - | - |
| Financial charges65/66B | - | €393 | €377 | €1,542 | €403 | ▼ 73.9% |
| Recurring financial charges65 | €416 | €393 | €377 | €1,542 | €403 | ▼ 73.9% |
| Profit (loss) for the period before taxes9903 | -€4,213 | -€1,068 | -€2,913 | €4,735 | €3,165 | ▼ 33.2% |
| Profit (loss) for the period9904 | -€4,213 | -€1,068 | -€2,913 | €4,735 | €3,165 | ▼ 33.2% |
| Profit (loss) for the period to be appropriated9905 | -€4,213 | -€1,068 | -€2,913 | €4,735 | €3,165 | ▼ 33.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €7,079 | €9,233 | €8,278 | €8,252 | €14,400 | ▲ 74.5% |
| Fixed assets21/28 | €2,809 | €2,809 | €2,809 | €1,601 | €910 | ▼ 43.2% |
| Tangible fixed assets22/27 | €2,809 | €2,809 | €2,809 | €1,601 | €910 | ▼ 43.2% |
| Furniture and vehicles24 | - | €517 | €517 | - | - | - |
| Other tangible fixed assets26 | - | €2,292 | €2,292 | €1,601 | €910 | ▼ 43.2% |
| Current assets29/58 | €4,270 | €6,425 | €5,469 | €6,651 | €13,490 | ▲ 103% |
| Stocks and contracts in progress3 | €1,392 | €604 | €654 | €654 | €654 | = |
| Stocks30/36 | - | €604 | €654 | €654 | €654 | = |
| Amounts receivable within one year40/41 | €243 | €1,059 | €1,423 | €1,700 | €6,389 | ▲ 276% |
| Trade receivables40 | - | €18 | - | - | €4,174 | - |
| Other amounts receivable41 | - | €1,042 | €1,423 | €1,700 | €2,214 | ▲ 30.3% |
| Cash at bank and in hand54/58 | €1,908 | €4,034 | €2,664 | €3,570 | €5,720 | ▲ 60.2% |
| Deferred charges and accrued income490/1 | - | €728 | €728 | €728 | €728 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €7,079 | €9,233 | €8,278 | €8,252 | €14,400 | ▲ 74.5% |
| Equity10/15 | -€3,874 | €2,180 | -€733 | -€2,889 | €275 | ▲ 110% |
| Contributions10/11 | €6,891 | €6,891 | €6,891 | - | - | - |
| Outside capital11 | - | €6,891 | €6,891 | - | - | - |
| Other1109/19 | - | €6,891 | €6,891 | - | - | - |
| Profit (loss) carried forward14 | -€10,765 | -€4,711 | -€7,624 | -€2,889 | €275 | ▲ 110% |
| Amounts payable17/49 | €10,953 | €7,054 | €9,011 | €11,142 | €14,125 | ▲ 26.8% |
| Amounts payable within one year42/48 | €10,953 | €7,054 | €9,011 | €11,142 | €14,125 | ▲ 26.8% |
| Trade debts44 | €742 | €597 | €108 | €5,034 | €4,315 | ▼ 14.3% |
| Suppliers440/4 | - | €597 | €108 | €5,034 | €4,315 | ▼ 14.3% |
| Taxes, remuneration and social security45 | - | €343 | €1,570 | €2,745 | €2,177 | ▼ 20.7% |
| Taxes450/3 | - | €343 | €1,570 | €2,745 | €2,177 | ▼ 20.7% |
| Other amounts payable47/48 | - | €6,115 | €7,332 | €3,363 | €7,633 | ▲ 127% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,213 | -€1,068 | -€2,913 | €4,735 | €3,165 | ▼ 33.2% |
| + Depreciation and write-downs630 | €1,182 | - | - | €1,208 | €691 | ▼ 42.8% |
| Operating cash flow (approximation) | -€3,031 | -€1,068 | -€2,913 | €5,943 | €3,856 | ▼ 35.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €2,126 | -€1,369 | €906 | €2,150 | ▲ 137% |
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
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €4,735
Net result €4,735 after 3 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
30-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2019
31-12
Financial
Back to profitnet €4,317
Net result €4,317 after one loss-making year.
09-07
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, Brussel · 1 establishment unit since 2017
Ground area
302 m²
Building footprint
290 m²
Volume, LiDAR
4,370 m³
Parcel 21004A1502/00B000, Brussels · tallest building 19.3 m, ±5 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
STUDIO H
since 20172.265.077.880
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21004A1502/00B000 ProtectedMonumentDen Hoorn |
Brussels | 302 m² | 1 · 290 m² | 19.3 m · 5 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.
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Of 21,734 companies in sector 96210 we hold annual accounts for 2,836. 428 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
Founded13-06-2017
Fiscal year end31-12
Activities, NACEBEL 2025
96210Hairdressing and barber services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0676779490
Also
9925:BE0676779490
Registered
29-12-2025
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.