STUDIO KEET
ActiveSummary
STUDIO KEET has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-16k) and a net result of €-21k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-70
Solvency0▼-33
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.26 against 0.66 in 2024; short-term debt: 107.2% and cash: 5.5% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-43.6%
Return on assets
-58.1%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year €-16k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-08-2026, 22 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 · 4 filingsDeviation from the deadline
2025
22 d late
2024
29 d late
2023
28 d late
2022
30 d late
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-16k
2024 · €5k
2022: €5k
2023: €5k▲ +0.9% vs 2022
2024: €5k▲ +8.0% vs 2023highest in 4 years
2025: €-16k▼ -399% vs 2024lowest in 4 years
2022 → 2025
Total assets
€36k▼ 43.7%
2024 · €64k
2022: €79khighest in 4 years
2023: €69k▼ -12.8% vs 2022
2024: €64k▼ -7.1% vs 2023
2025: €36k▼ -43.7% vs 2024lowest in 4 years
2022 → 2025
Net result
€-21k
2024 · €391
2022: €4khighest in 4 years
2023: €43▼ -99.0% vs 2022
2024: €391▲ +809% vs 2023
2025: €-21k▼ -5484% vs 2024lowest in 4 years
2022 → 2025
Working capital
€-29k▼ 167%
2024 · €-11k
2022: €-16k
2023: €-16k▼ -1.3% vs 2022
2024: €-11k▲ +33.5% vs 2023highest in 4 years
2025: €-29k▼ -167% vs 2024lowest in 4 years
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€5k-€5k▲ 0.9%€5k▲ 8.0%€-16k
2022: €5k
2023: €5k▲ +0.9% vs 2022
2024: €5k▲ +8.0% vs 2023highest in 4 years
2025: €-16k▼ -399% vs 2024lowest in 4 years
Operating result€6k-€3k▼ 42.0%€3k▲ 8.1%€-20k
2022: €6khighest in 4 years
2023: €3k▼ -42.0% vs 2022
2024: €3k▲ +8.1% vs 2023
2025: €-20k▼ -681% vs 2024lowest in 4 years
Net result€4k-€43▼ 99.0%€391▲ 809%€-21k
2022: €4khighest in 4 years
2023: €43▼ -99.0% vs 2022
2024: €391▲ +809% vs 2023
2025: €-21k▼ -5484% vs 2024lowest in 4 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €20k after €3k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €36k
Fixed assets
€26k ▼ 40.0%
Current assets
€10k ▼ 51.3%
Key figures and ratios
EBITDA
€-33▼
2024 · €23k
Cash flow
€-788▼
2024 · €20k
Solvency
-43.6%▼
2024 · 8.2%
Current ratio
0.26▼
2024 · 0.66
Debt to equity
-3.29▼
2024 · 11.20
ROA
-58.1%▼
2024 · 0.6%
Interest coverage
-0.02▼
2024 · 11.77
Debt
€52k▼
2024 · €59k
Debt ≤ 1 year
€39k▲
2024 · €32k
Debt > 1 year
€13k▼
2024 · €27k
Income taxes
€216▼
2024 · €1k
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 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€64k€36k▼
Fixed assets21/28€43k€26k▼
Tangible fixed assets22/27€43k€26k▼
Land and buildings22€5k€7k▲
Plant, machinery and equipment23€1k€544▼
Furniture and vehicles24€37k€18k▼
Current assets29/58€21k€10k▼
Amounts receivable within one year40/41€19k€8k▼
Trade receivables40€18k€8k▼
Other amounts receivable41€858€290▼
Cash at bank and in hand54/58€895€2k▲
Deferred charges and accrued income490/1€741-
Equity and liabilities
Total equity and liabilities10/49€64k€36k▼
Equity10/15€5k€-16k▼
Contributions10/11€500€500=
Profit (loss) carried forward14€5k€-16k▼
Amounts payable17/49€59k€52k▼
Amounts payable after more than one year17€27k€13k▼
Financial debts170/4€27k€13k▼
Amounts payable within one year42/48€32k€39k▲
Current portion of amounts payable after more than one year42€13k€14k▲
Trade debts44€542€115▼
Suppliers440/4€542€115▼
Taxes, remuneration and social security45€4k€4k▲
Taxes450/3€4k€4k▲
Remuneration and social security454/9€195-
Other amounts payable47/48€14k€20k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€20k▲
Other operating charges640/8€2k€710▼
Gross operating margin9900€25k€677▼
Operating profit (loss)9901€3k€-20k▼
Financial income75/76B€9€858▲
Recurring financial income75€9€858▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€2k€-21k▼
Income taxes67/77€1k€216▼
Profit (loss) for the period9904€391€-21k▼
Profit (loss) for the period to be appropriated9905€391€-21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€5k€-16k▼
Profit (loss) brought forward from the previous period14P€4k€5k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €19k | €20k | €20k | ▲ 3.0% |
| Other operating charges640/8 | €493 | €1k | €2k | €710 | ▼ 54.9% |
| Gross operating margin9900 | €7k | €24k | €25k | €677 | ▼ 97.3% |
| Operating profit (loss)9901 | €6k | €3k | €3k | €-20k | ▼ 681% |
| Financial income75/76B | - | - | €9 | €858 | ▲ 9,433% |
| Recurring financial income75 | - | - | €9 | €858 | ▲ 9,433% |
| Financial charges65/66B | €225 | €2k | €2k | €1k | ▼ 29.1% |
| Recurring financial charges65 | €225 | €2k | €2k | €1k | ▼ 29.1% |
| Profit (loss) for the period before taxes9903 | €5k | €916 | €2k | €-21k | ▼ 1,459% |
| Income taxes67/77 | €1k | €873 | €1k | €216 | ▼ 81.1% |
| Profit (loss) for the period9904 | €4k | €43 | €391 | €-21k | ▼ 5,484% |
| Profit (loss) for the period to be appropriated9905 | €4k | €43 | €391 | €-21k | ▼ 5,484% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €79k | €69k | €64k | €36k | ▼ 43.7% |
| Fixed assets21/28 | €74k | €61k | €43k | €26k | ▼ 40.0% |
| Tangible fixed assets22/27 | €74k | €61k | €43k | €26k | ▼ 40.0% |
| Land and buildings22 | €5k | €6k | €5k | €7k | ▲ 37.2% |
| Plant, machinery and equipment23 | €2k | €2k | €1k | €544 | ▼ 50.4% |
| Furniture and vehicles24 | €66k | €54k | €37k | €18k | ▼ 50.5% |
| Current assets29/58 | €6k | €8k | €21k | €10k | ▼ 51.3% |
| Amounts receivable within one year40/41 | €1k | €7k | €19k | €8k | ▼ 57.5% |
| Trade receivables40 | €1k | €7k | €18k | €8k | ▼ 57.1% |
| Other amounts receivable41 | €250 | - | €858 | €290 | ▼ 66.2% |
| Cash at bank and in hand54/58 | €4k | €750 | €895 | €2k | ▲ 123% |
| Deferred charges and accrued income490/1 | - | - | €741 | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €79k | €69k | €64k | €36k | ▼ 43.7% |
| Equity10/15 | €5k | €5k | €5k | €-16k | ▼ 399% |
| Contributions10/11 | €500 | €500 | €500 | €500 | = |
| Profit (loss) carried forward14 | €4k | €4k | €5k | €-16k | ▼ 441% |
| Amounts payable17/49 | €75k | €64k | €59k | €52k | ▼ 11.9% |
| Amounts payable after more than one year17 | €53k | €40k | €27k | €13k | ▼ 52.0% |
| Financial debts170/4 | €53k | €40k | €27k | €13k | ▼ 52.0% |
| Amounts payable within one year42/48 | €22k | €24k | €32k | €39k | ▲ 23.0% |
| Current portion of amounts payable after more than one year42 | €12k | €13k | €13k | €14k | ▲ 9.9% |
| Trade debts44 | €128 | €1k | €542 | €115 | ▼ 78.8% |
| Suppliers440/4 | €128 | €1k | €542 | €115 | ▼ 78.8% |
| Taxes, remuneration and social security45 | €2k | €7k | €4k | €4k | ▲ 2.0% |
| Taxes450/3 | €1k | €7k | €4k | €4k | ▲ 7.0% |
| Remuneration and social security454/9 | €195 | €195 | €195 | - | - |
| Other amounts payable47/48 | €8k | €3k | €14k | €20k | ▲ 45.6% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4k | €43 | €391 | €-21k | ▼ 5,484% |
| + Depreciation and write-downs630 | €1k | €19k | €20k | €20k | ▲ 3.0% |
| Operating cash flow (approximation) | €6k | €19k | €20k | €-788 | ▼ 104% |
| Investment in fixed assets (approximation) | - | €-7k | €-2k | €-3k | ▼ 68.6% |
| Change in cash | - | €-4k | €145 | €1k | ▲ 659% |
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
22-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 22 days late
2025
31-12
Financial
Weakest financial yearnet €-21k
Net result drops to €-21k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Bonheiden · 1 establishment unit since 2021
Ground area
1,635 m²
Building footprint
373 m²
Parcel 12031C0288/00T000, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
STUDIO KEET
since 20212.325.264.796
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12031C0288/00T000 | Flanders | 1,635 m² | 1 · 373 m² | - |
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.
Similar companies · same sector, comparable size
ABAEX
BE 1007.964.018
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SDELENS REAL ESTATE
BE 0768.972.547
Waterloo · Eq €5,230
CORNUCOPIA
BE 0887.284.041
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KEANA
BE 1026.304.936
Wezembeek-Oppem · Eq €5,187
AVENIR ESTATE
BE 0789.644.534
Waterloo · Eq €5,184
Of 11,748 companies in sector 68310 we hold annual accounts for 6,905. 2,084 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
Founded15-12-2021
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
Scores and ratios are computed by Checked and are not a credit decision.