STUDIO L + A
ActiveSTUDIO L + A has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34k and a net result of €8k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 62% of 10242 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
94
/ 100
Excellent▲ +49 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-31
Solvency85▲+57
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 1.59 against 0.98 in 2024), but 51.4% of the assets are financed with debt.
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
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
48.6%
Return on assets
11.5%
Age of the figures
8 mo
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
17 d late
2024
51 d early
2023
5 d early
2022
7 d early
2021
1 d early
2020
3 d early
2019
13 d late
← before the deadline
after the deadline →
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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€156k
EBIT margin
7.3%
Net result
€8k▼ 71.6%
2024 · €28k
2018: €-260
2019: €5k
2020: €106k
2021: €171k
2022: €67k
2023: €32k
2024: €28k
2018 → 2025
Working capital
€21k
2024 · €-3k
2018: €4k
2019: €22k
2020: €70k
2021: €61k
2022: €82k
2023: €122k
2024: €-3k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€156k
Equity€93k-€95k▲ 2.5%€127k▲ 33.5%€32k▼ 75.2%€34k▲ 7.9%
Operating result€182k-€74k▼ 59.4%€45k▼ 39.5%€40k▼ 10.2%€11k▼ 71.4%
Net result€171k-€67k▼ 60.7%€32k▼ 52.5%€28k▼ 10.9%€8k▼ 71.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 71% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €70k
Fixed assets
€13k▼ 62.6%
Current assets
€57k▼ 48.9%
Equity and liabilities €70k
Equity
€34k▲ 7.9%
Debt
€36k▼ 68.6%
The debt ratio falls from 78.4% to 51.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€18k▼
2024 · €47k
Cash flow
€14k▼
2024 · €35k
Solvency
48.6%▲
2024 · 21.6%
Current ratio
1.59▲
2024 · 0.98
Quick ratio
1.59▲
2024 · 0.98
Debt / equity
1.06▼
2024 · 3.64
ROE
23.7%▼
2024 · 90.1%
ROA
11.5%▼
2024 · 19.4%
Interest coverage
110.34▼
2024 · 332.38
Debt
€36k▼
2024 · €115k
Debt ≤ 1 year
€36k▼
2024 · €115k
Income taxes
€3k▼
2024 · €12k
Staff costs
€31k▲
2024 · €30k
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€147k€70k▼
Fixed assets21/28€34k€13k▼
Tangible fixed assets22/27€34k€13k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€17k€10k▼
Other tangible fixed assets26€13k-
Financial fixed assets28-€315
Current assets29/58€112k€57k▼
Amounts receivable within one year40/41€38k€22k▼
Trade receivables40€30k€19k▼
Other amounts receivable41€9k€3k▼
Cash at bank and in hand54/58€73k€35k▼
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€147k€70k▼
Equity10/15€32k€34k▲
Contributions10/11€19k€19k=
Reserves13€13k€15k▲
Distributable reserves133€13k€15k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€115k€36k▼
Amounts payable within one year42/48€115k€36k▼
Trade debts44€6k€9k▲
Suppliers440/4€6k€9k▲
Taxes, remuneration and social security45€9k€11k▲
Taxes450/3€3k€7k▲
Remuneration and social security454/9€6k€5k▼
Other amounts payable47/48€100k€16k▼
Income statement
Code20242025
Turnover70-€156k
Non-recurring operating income76A€0-
Goods, raw materials, services and sundry goods60/61-€110k
Remuneration, social security and pensions62€30k€31k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€6k▼
Other operating charges640/8€6k€722▼
Non-recurring operating charges66A-€15
Gross operating margin9900€82k€49k▼
Operating profit (loss)9901€40k€11k▼
Financial income75/76B€95-
Recurring financial income75€95-
Financial charges65/66B€141€160▲
Recurring financial charges65€141€160▲
Profit (loss) for the period before taxes9903€40k€11k▼
Income taxes67/77€12k€3k▼
Profit (loss) for the period9904€28k€8k▼
Profit (loss) for the period to be appropriated9905€28k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€28k€8k▼
Transfer from equity791/2€109k-
Transfer to equity691/2€13k€2k▼
To other reserves6921€13k€2k▼
Profit to be distributed694/7€124k€6k▼
Return on contributions (dividend)694€124k-
Directors or managers695-€6k
Social balance
Average headcount (FTE)90870.6-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 17 days late
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity times 6current ratio 13.36
Current ratio from 2.10 to 13.36; short-term debt falls from €74k to €10k.
31-12
Financial
Equity above €100kEq €127k ▲33.5%
5 profitable years in a row build equity to €127k.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €171k ▲61.4%
Operating result €182k, net result €171k, both a record.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
13-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 13 days late
2019
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 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, Gent · 1 establishment unit since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Botestraat 289032 GentGround area
1.4 ha
Building footprint
412 m²
Volume, LiDAR
1,186 m³
Parcel 44074C0201/00Z000, Flanders · tallest building 13.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
STUDIO L + A
since 20082.167.988.897
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44074C0201/00Z000 | Flanders | 1.4 ha | 1 · 412 m² | 13.7 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 1,500 EUR awarded · 1,481 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 1,500 EUR | 1,481 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 332 companies in sector 46471 we hold annual accounts for 188. 122 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-01-2008
Fiscal year end31-12
Activities, NACEBEL
46471Wholesale trade
47791Retail sale of antiques
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.