Studio Henri

Active

Private limited companyfounded 20187 yrs activeRodonkstraat 26, 9030 Gent, BelgiumKBO/BCE: BE 0708.938.158

Studio Henri has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €55k and a net result of €4k. Equity is growing by ~26.2% per year across the filed fiscal years. Its solvency ranks better than 29% of 376 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

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Checked score

Score 2025

44 / 100

Weak▲ +19 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability40▲+40

Solvency12▼-4

Growth52=

Stability100

Bankruptcy probability, 12 months

0.6% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €3k at 30 days only on tighter terms

Liquidity short (current ratio 0.69 against 0.89 in 2024), and 87.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 59

Relative position

BE, all sectors

reference

Sector 59

lower

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

12.1%

Return on assets

Age of the figures

8 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.

NBB · 7 filings

Deviation from the deadline

2025

on the day

2024

30 d early

2023

5 d early

2022

33 d early

2021

3 d early

2020

1 d early

2019

on the day

← before the deadline after the deadline →

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 months

Position in the running window

08-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity

€55k▲ 8.7%

2024 · €51k

2019: €15k 2020: €20k 2021: €26k 2022: €49k 2023: €51k 2024: €51k

2019 → 2025

Total assets

€460k▼ 5.8%

2024 · €488k

2019: €58k 2020: €62k 2021: €77k 2022: €172k 2023: €167k 2024: €488k

2019 → 2025

Net result

€4k

2024 · €0

2019: €9k 2020: €5k 2021: €6k 2022: €23k 2023: €30k 2024: €0

2019 → 2025

Working capital

€-28k▼ 188%

2024 · €-10k

2019: €-5k 2020: €-5k 2021: €-10k 2022: €21k 2023: €13k 2024: €-10k

2019 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€26k-€49k▲ 86.4%€51k▲ 4.9%€51k=€55k▲ 8.7%

Operating result€10k-€29k▲ 184%€40k▲ 36.3%€15k▼ 62.0%€20k▲ 31.7%

Net result€6k-€23k▲ 277%€30k▲ 33.6%€0▼ 100%€4k

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result recovers in 2025; 2025 is 32% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €460k

86.2%

13.8%

Fixed assets €396k▼ 3.5%

Current assets €64k▼ 18.1%

Equity and liabilities €460k

12.1%

87.9%

Equity €55k▲ 8.7%

Debt €404k▼ 7.5%

The debt ratio falls from 89.6% to 87.9%: equity grows while debt is paid down.

Key figures and ratios

2025 value · change against 2024

EBITDA

€36k▼

2024 · €62k

Cash flow

€21k▼

2024 · €47k

Solvency

12.1%▲

2024 · 10.4%

Current ratio

0.69▼

2024 · 0.89

Quick ratio

0.69▼

2024 · 0.89

Debt / equity

7.30▼

2024 · 8.58

ROE

8.0%▲

2024 · 0.0%

ROA

1.0%▲

2024 · 0.0%

Interest coverage

3.30▼

2024 · 5.22

Debt

€404k▼

2024 · €437k

Debt ≤ 1 year

€92k▲

2024 · €87k

Debt > 1 year

€311k▼

2024 · €348k

Income taxes

€4k▲

2024 · €3k

Staff costs

€3k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€488k€460k▼

Fixed assets21/28€411k€396k▼

Tangible fixed assets22/27€411k€396k▼

Land and buildings22€400k€389k▼

Plant, machinery and equipment23€2k€1k▼

Furniture and vehicles24€9k€6k▼

Other tangible fixed assets26€0-

Financial fixed assets28€0-

Current assets29/58€78k€64k▼

Amounts receivable within one year40/41€40k€36k▼

Trade receivables40€39k€35k▼

Other amounts receivable41€1k€754▼

Cash at bank and in hand54/58€31k€25k▼

Deferred charges and accrued income490/1€6k€3k▼

Equity and liabilities

Total equity and liabilities10/49€488k€460k▼

Equity10/15€51k€55k▲

Contributions10/11€1k€1k=

Reserves13€50k€54k▲

Distributable reserves133€50k€54k▲

Profit (loss) carried forward14€0-

Amounts payable17/49€437k€404k▼

Amounts payable after more than one year17€348k€311k▼

Financial debts170/4€348k€311k▼

Amounts payable within one year42/48€87k€92k▲

Current portion of amounts payable after more than one year42€36k€37k▲

Financial debts43€0-

Credit institutions430/8€0-

Trade debts44€7k€12k▲

Suppliers440/4€7k€12k▲

Taxes, remuneration and social security45€13k€10k▼

Taxes450/3€13k€10k▼

Other amounts payable47/48€31k€32k▲

Accrued charges and deferred income492/3€2k€2k=

Income statement Code20242025

Remuneration, social security and pensions62-€3k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€17k▼

Other operating charges640/8€3k€2k▼

Gross operating margin9900€65k€42k▼

Operating profit (loss)9901€15k€20k▲

Financial income75/76B€0-

Recurring financial income75€0-

Financial charges65/66B€12k€11k▼

Recurring financial charges65€12k€11k▼

Profit (loss) for the period before taxes9903€3k€9k▲

Income taxes67/77€3k€4k▲

Profit (loss) for the period9904€0€4k▲

Profit (loss) for the period to be appropriated9905€0€4k▲

Appropriation of the result

Profit (loss) to be appropriated9906€0€4k▲

Transfer from equity791/2€0-

Transfer to equity691/2€0€4k▲

To other reserves6921€0€4k▲

Profit to be distributed694/7€0-

Return on contributions (dividend)694€0-

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 10Financial 3Filings 7

Next filing, fiscal year 2026, expected by 31-07-2027

2026

31-07

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

31-12

Financial Back to profitnet €4k

Net result €4k after one loss-making year.

01-07

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

31-12

Financial Weakest financial yearnet €0 ▼100%

Net result drops to €0, the lowest in the series; recovery starts the following year.

26-07

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

31-12

Financial Highest result since 2019net €30k ▲33.6%

Operating result €40k, net result €30k, both a record.

28-06

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

2022

28-07

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema

2021

30-07

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema

2020

31-07

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 3 acts read

About the unread acts

We know of 3 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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