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Studio LST

Active
Public limited companyfounded 1989active for 37 yearsKolonel Aertsplein 4, 3680 Maaseik, BelgiumKBO/BCE: BE 0438.655.180
Summary

Studio LST has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €421,201 and a net result of €21,915. Equity has been growing by about 15% per year since 2018. Its solvency ranks better than 68% of 2,559 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 23-10-1989 Normal situation
Activity
Activities of building architects NACE 71111
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit
2.045.514.224 3680 Maaseik, since 08-11-1989
Financial year end
31 December
Peppol
Reachable since 02-07-2026

Board and ownership

Board
  • CODEDirector · since 10-06-2025 · permanent representative CHANTAL LENAERS
Shareholders
  • CODE· score 842025 annual accounts of CODE
  • KRAGTEN BVannual accounts 2011

Financial position

86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€352,488
▼ 6.1%
Turnover
≈ €880,000
estimated
Profit
€21,915
▼ 59.8%
Equity
€421,201
▲ 5.5%
Total assets
€666,745
▲ 16.4%
Employees on 31-12-2025
5
▼ 16.7%
Score breakdownraises riskLiquidity: current ratio 2.62, cash €96, halvedlowers riskFounded in 1989Equity €421,201 (63.2% of total assets)Legal form: public limited companyShow the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 41% of micro companies in architecture and engineering (NACE 71)
Financial strength · tick: 2024
Strong
Solvency 88-7
equity 63.2% of total assets
Liquidity 33-19
short-term debt 36.8% · cash 0.0%
Profitability 73-8
return on assets 3.3%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (14,824 companies, NACE 71, micro)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.1%▼ -0.2 percentage points vs 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025lowest value 08-2025: 0.1%● unchanged vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.2%▲ +0.1 percentage points vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.5%▲ +0.3 percentage points vs 06-2026highest value 08-2026: 0.5%● unchanged vs 07-2026highest value 09-2026: 0.5%● unchanged vs 08-2026highest value 10-2026: 0.2%▼ -0.3 percentage points vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.62 (3.18 in 2024), above the usual 1.5. Short-term debt is 36.8% and cash 0% of total assets. 36.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro). It does better than 61% of them on solvency, 15% on liquidity, 36% on profitability and 51% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 2.62, cash €96, halved
NBB · annual accounts
lowers risk · Founded in 1989
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €421,201 (63.2% of total assets)
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
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 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
52 days early
2024
72 days early
2023
2 days early
2022
54 days early
2021
46 days early
2020
60 days early
2019
23 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 44 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 7th oldest company in Maaseik, Professional and technical services sectorin the Checked rankings No. 7 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €21,915 8 years View

Recent changes

  1. · Gazette deed Reappointment: CODE BV (director)Permanent representative: CHANTAL LENAERS
  2. · Gazette deed Registered office moved from Kinrooi to Maaseik
  3. · Gazette deed Resignation: MOENS BEHEER BV (director)Permanent representatives: André MOENS and Chantal Lenaers
All 17 events

Comparable companies

These companies have the same main activity as Studio LST: activities of building architects (NACE 71111). They are comparable in size and age: total assets between €445,000 and €854,000, founded between 1987 and 2001.

CompanyTotal assetsGross margin
Studio LST Maaseik€666,745€352,488
BUREAU D'ETUDES GEOTEX TOPOGRAPHIE, EXPERTISES ET URBANISME Schaarbeek€731,139€321,702
Bureau PARTNERS - architecten en ingenieurs Gent€854,347€475,512
TECHNIQUES GENERALES ET INFRASTRUCTURES Liège€847,595€528,630
BureauBR Bree€790,926€372,797
Wylein & partners Architectenbureau Brugge€444,537€304,907
ARTEX ingenieurs en architecten bvba Dendermonde€735,005€541,677
Full comparison

Key facts about Studio LST

What is the company number of Studio LST?
The company number of Studio LST is 0438.655.180. The VAT number is the same number with BE in front: BE 0438.655.180.
Where is Studio LST based?
The registered office is at Kolonel Aertsplein 4, 3680 Maaseik.Company details
What does Studio LST do?
According to the KBO register, the main activity is activities of building architects (NACE 71111).
What is the legal form of Studio LST?
The legal form of Studio LST is Public limited company (NV).
When was Studio LST founded?
Studio LST was founded on 23-10-1989.
Is Studio LST still active?
Yes, Studio LST is an active enterprise in the KBO register.
How many employees does Studio LST have?
Studio LST had an average of 5.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Studio LST fall under?
In its 2025 annual accounts, Studio LST states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of Studio LST?
The turnover in financial year 2025 is ≈ €880,000. This figure is estimated from the gross margin of €352,488 and 34 comparable companies (NACE 711). It probably lies between €640,000 and €1.2m.
Is Studio LST profitable?
In financial year 2025, Studio LST made a profit of €21,915.
Where can I find the annual accounts of Studio LST?
Studio LST filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Studio LST due?
Studio LST must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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