Studio Max
ActiveSummary
Studio Max has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €176,024 and a net result of €60,954. Equity has been growing by about 59% per year since 2022. Its solvency ranks better than 52% of 37,587 sector peers (NACE 70, financial year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 21-01-2022 Normal situation
- Activity
- Business and other management consultancy NACE 70200
- Establishment unit
- 2.327.275.468 2018 Antwerpen, since 21-01-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 30-10-2023
Board and ownership
- VANHECKE Sebastiaan Erik Lucius VeraDirector · since 17-01-2022
- Charlotte VlerickDirector · since 01-10-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- €91,781
- ▼ 16.4%
- Turnover
- ≈ €190,000
- estimated
- Profit
- €60,954
- ▼ 19.2%
- Equity
- €176,024
- ▲ 53.0%
- Total assets
- €293,176
- ▲ 87.1%
- 2025 accounts not filed, 94 days past the deadline
Score breakdownraises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed on 12-08-2025)lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Size: total assets €293,176Liquidity: current ratio 1.88, cash €84,351Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 70, micro). It does better than 55% of them on solvency, 60% on liquidity, 64% on profitability and 81% 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
The company filed its last 3 accounts on average 4 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
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Financials
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 2 November 2026.
Annual accounts 2024 filed on 12-08-2025 PDF all 3 filings
Every figure per financial year
The operating result for 2024 is 20% lower than in 2023.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2022 | 2023 | 2024 |
|---|---|---|---|
| Tangible fixed assets | €36,821 | €24,519 | €32,230 |
| Depreciation and write-downs of the year | €1,968 | €6,936 | €11,833 |
Source: notes to the 2022 to 2024 annual accounts (statement of fixed assets)
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,968 | €6,936 | €11,833 | ▲ 70.6% |
| Other operating charges640/8 | €1,985 | €3,529 | €550 | ▼ 84.4% |
| Gross operating margin9900 | €53,220 | €109,814 | €91,781 | ▼ 16.4% |
| Operating profit (loss)9901 | €49,267 | €99,348 | €79,398 | ▼ 20.1% |
| Financial income75/76B | €218 | €0 | €45 | ▲ 4,504× |
| Recurring financial income75 | €218 | €0 | €45 | ▲ 4,504× |
| Financial charges65/66B | €479 | €1,100 | €180 | ▼ 83.6% |
| Recurring financial charges65 | €479 | €1,100 | €180 | ▼ 83.6% |
| Profit (loss) for the period before taxes9903 | €49,006 | €98,248 | €79,263 | ▼ 19.3% |
| Income taxes67/77 | €11,390 | €22,794 | €18,309 | ▼ 19.7% |
| Profit (loss) for the period9904 | €37,616 | €75,454 | €60,954 | ▼ 19.2% |
| Profit (loss) for the period to be appropriated9905 | €37,616 | €75,454 | €60,954 | ▼ 19.2% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €77,309 | €156,698 | €293,176 | ▲ 87.1% |
| Fixed assets21/28 | €34,853 | €52,436 | €72,833 | ▲ 38.9% |
| Tangible fixed assets22/27 | €34,853 | €52,436 | €72,833 | ▲ 38.9% |
| Plant, machinery and equipment23 | - | €3,395 | €4,382 | ▲ 29.1% |
| Furniture and vehicles24 | €5,533 | €17,872 | €15,174 | ▼ 15.1% |
| Other tangible fixed assets26 | €29,320 | €31,169 | €53,277 | ▲ 70.9% |
| Current assets29/58 | €42,456 | €104,263 | €220,343 | ▲ 111% |
| Amounts receivable after more than one year29 | - | €25,000 | €0 | ▼ 100% |
| Other amounts receivable291 | - | €25,000 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €17,840 | €36,129 | €135,004 | ▲ 274% |
| Trade receivables40 | €17,840 | €36,094 | €111,311 | ▲ 208% |
| Other amounts receivable41 | - | €36 | €23,692 | ▲ 666× |
| Cash at bank and in hand54/58 | €24,616 | €42,439 | €84,351 | ▲ 98.8% |
| Deferred charges and accrued income490/1 | - | €694 | €989 | ▲ 42.5% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €77,309 | €156,698 | €293,176 | ▲ 87.1% |
| Equity10/15 | €39,616 | €115,070 | €176,024 | ▲ 53.0% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | €37,616 | €113,070 | €174,024 | ▲ 53.9% |
| Distributable reserves133 | €37,616 | €113,070 | €174,024 | ▲ 53.9% |
| Amounts payable17/49 | €37,693 | €41,629 | €117,152 | ▲ 181% |
| Amounts payable within one year42/48 | €37,693 | €41,629 | €117,152 | ▲ 181% |
| Trade debts44 | €9,344 | €19,966 | €38,313 | ▲ 91.9% |
| Suppliers440/4 | €9,344 | €19,966 | €38,313 | ▲ 91.9% |
| Advances received on contracts in progress46 | - | - | €43,654 | - |
| Taxes, remuneration and social security45 | €20,018 | €18,803 | €35,185 | ▲ 87.1% |
| Taxes450/3 | €20,018 | €18,803 | €35,185 | ▲ 87.1% |
| Other amounts payable47/48 | €8,330 | €2,860 | €0 | ▼ 100% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,616 | €75,454 | €60,954 | ▼ 19.2% |
| + Depreciation and write-downs630 | €1,968 | €6,936 | €11,833 | ▲ 70.6% |
| Operating cash flow (approximation) | €39,584 | €82,390 | €72,787 | ▼ 11.7% |
| Investment in fixed assets (approximation) | - | -€24,519 | -€32,230 | ▼ 31.4% |
| Change in cash | - | €17,824 | €41,912 | ▲ 135% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as Studio Max has now. Two years later, 95.9% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
The bankruptcy probability of Studio Max itself is lower: 0.3% within 12 months. It rests on far more data about Studio Max than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for Studio Max. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Owners and capital
Owners
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| VANHECKE Sebastiaan Erik Lucius Vera |
|
| Charlotte Vlerick |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Voor helft ten laste overdrager en andere helft ten laste koper(s),naar evenredigheid met door iedere koper verworven aantal aandelen als er…”
Articles of association, deed of 25-01-2022 (in Dutch)
Network & group
Studio Max shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of Studio Max. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
24-12
Gazette deed
Appointment: Charlotte Vlerick (director)2 points ▸
- General meeting, 12-11-2024
- Director appointment, Charlotte Vlerick (director (not named in the articles))
25-01
Gazette deed
IncorporationAppointment: VANHECKE Sebastiaan Erik Lucius Vera (director) · Founder · Founding capital6 points ▸
- Incorporation, 17-01-2022
- Founder, VANHECKE Sebastiaan Erik Lucius Vera
- Founding capital
- Other provision, “financieel plan, overhandigd aan notaris” (deed in Dutch)
- Other provision, “prijs van de dienstverlening voorwerp van voorgaande volmacht, lastgever voldoende ingelicht over prijs” (deed in Dutch)
- Director appointment, VANHECKE Sebastiaan Erik Lucius Vera (director (not named in the articles))
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
13 activities
- Overige adviesbureaus op het gebied van bedrijfsbeheer,adviesbureaus op het gebied van bedrijfsvoering.
- Overige zakelijke dienstverlening.
- Organisatie van congressen en beurzen.
- Overige diensten op het gebied van informatietechnologie en computer.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen;de aan- en verkoop,huur en verhuur van roerende goederen alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit doel in verband staan en van die aard zijn,de opbrengst van de roerende en onroerende goederen te bevorderen,alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van roerende en onroerende goederen.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend patrimonium,alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen.
- Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren,onder om het even welke vorm;in dit kader kan zij zich ook borg stellen of haar aval verlenen,in de meest ruime zin,alle handels- en financiële operaties verrichten behalve die wettelijk voorbehouden zijn aan depositobanken,houders van deposito's op korte termijn,spaarkassen,hypotheekmaatschappijen,en kapitalisatie-ondernemingen.
- Het uitoefenen van de functie van bestuurder,gedelegeerd bestuurder,zaakvoerder,directeur of andere leidende en uitvoerende functies,al dan niet bezoldigd in alle vormen,ook buitenlandse,van vennootschappen,verenigingen of samenwerkingsverbanden zowel in België als in het buitenland.
- De vennootschap mag in België en in het buitenland alle commerciële,industriële,financiële roerende en onroerende verrichtingen doen die rechtstreeks of onrechtstreeks in verband staan met haar maatschappelijk doel.
- Zij mag eveneens belangen hebben bij wijze van inbreng,inschrijving,of anderszins in alle ondernemingen,verenigingen of vennootschappen,die een gelijkaardig,analoog of aanverwant doel nastreven,of wier doel van die aard is dat van de vennootschap te bevorderen.Zij mag zich voor deze vennootschappen borg stellen of aval verlenen,voorschotten en kredieten toestaan,hypothecaire of andere waarborgen verstrekken.
- De vennootschap kan alle rechtshandelingen en daden stellen in rechtstreeks of onrechtstreeks verband met haar maatschappelijk doel.Zij kan dit doen in België en in het buitenland,en voor eigen rekening en voor rekening van derden.
- Activiteiten waarvoor de vennootschap niet zelf over de nodige vereiste bekwaamheden zou beschikken,zullen in onderaanneming worden uitgegeven.
- Daartoe kan de vennootschap samenwerken met,op gelijk welke wijze-rechtstreeks of zijdelings-deelnemen aan of belangen nemen in ondernemingen van allerlei aard.Zij kan alle verbintenissen aangaan,kredieten en leningen aangaan of toestaan,en ze kan zich voor derden borgstellen,onder meer door haar goederen in hypotheek of in pand te geven,inclusief de eigen handelszaak.Kortom,zij mag alles doen wat verband houdt met bovengenoemd doel,of wat van aard is de verwezenlijking ervan te bevorderen.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11810K1781/00P011 | Flanders | 114 m² | 1 · 69 m² | 14.7 m · 3 |