Studio MISC
ActiveSummary
The computed 12-month bankruptcy probability of Studio MISC is 6.4% (elevated). The 2025 annual accounts show negative equity (-€11,097) and a net result of -€8,296. Equity is shrinking by ~104% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability.
Bankruptcy probability: Elevated
Axes · tick = 2024
Profitability-
Solvency-
Growth32=
Track record94
Bankruptcy probability, 12 months
6.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
+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
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 -€11,097
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-11-2025, 29 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 · 4 filingsDeviation from the deadline
2025
29 d late
2024
on the day
2023
on the day
2022
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 7 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close27-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€11,097▼ 296%
2024 · -€2,802
Total assets
€0▼ 100%
2024 · €14,773
Net result
-€8,296▼ 300%
2024 · -€2,075
Working capital
-€10,674▲ 9.8%
2024 · -€11,839
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€16,039--€11,067-€1,627▲ 85.3%-€8,135▼ 400%
Net result€13,582--€11,309-€2,075▲ 81.7%-€8,296▼ 300%
Equity€10,582--€727-€2,802▼ 285%-€11,097▼ 296%
Total assets€48,411-€43,419▼ 10.3%€14,773▼ 66.0%€0▼ 100%
Debt€37,829-€44,146▲ 16.7%€17,575▼ 60.2%€11,097▼ 36.9%
Working capital-€15,222--€24,468▼ 60.7%-€11,839▲ 51.6%-€10,674▲ 9.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8,135 in 2025 against €1,627 in 2024; the loss grows.
Key figures and ratios
EBITDA
-€8,135▼
2024 · €1,848
Cash flow
-€8,296▼
2024 · €1,400
Interest coverage
-48.88▼
2024 · 4.05
Debt ≤ 1 year
€10,674▼
2024 · €17,063
Ratios withheld: a balance sheet total of €0 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €1,806 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,989 | €7,086 | €3,475 | €0 | ▼ 100% |
| Other operating charges640/8 | €984 | €729 | €512 | €3,269 | ▲ 539% |
| Gross operating margin9900 | €19,012 | -€3,252 | €2,359 | -€4,866 | ▼ 306% |
| Operating profit (loss)9901 | €16,039 | -€11,067 | -€1,627 | -€8,135 | ▼ 400% |
| Financial income75/76B | €12 | €0 | €8 | €6 | ▼ 29.6% |
| Recurring financial income75 | €12 | €0 | €8 | €6 | ▼ 29.6% |
| Financial charges65/66B | €73 | €494 | €456 | €166 | ▼ 63.5% |
| Recurring financial charges65 | €73 | €494 | €456 | €166 | ▼ 63.5% |
| Profit (loss) for the period before taxes9903 | €15,978 | -€11,561 | -€2,075 | -€8,296 | ▼ 300% |
| Income taxes67/77 | €2,395 | -€252 | €0 | - | - |
| Profit (loss) for the period9904 | €13,582 | -€11,309 | -€2,075 | -€8,296 | ▼ 300% |
| Profit (loss) for the period to be appropriated9905 | €13,582 | -€11,309 | -€2,075 | -€8,296 | ▼ 300% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €48,411 | €43,419 | €14,773 | €0 | ▼ 100% |
| Fixed assets21/28 | €25,804 | €23,741 | €9,549 | €0 | ▼ 100% |
| Intangible fixed assets21 | €1 | - | - | - | - |
| Tangible fixed assets22/27 | €25,804 | €23,741 | €9,549 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | €9,826 | €8,065 | €5,522 | €0 | ▼ 100% |
| Furniture and vehicles24 | €15,978 | €15,676 | €4,027 | €0 | ▼ 100% |
| Current assets29/58 | €22,607 | €19,678 | €5,224 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €14,731 | €17,918 | €303 | €0 | ▼ 100% |
| Trade receivables40 | €14,579 | €17,918 | €64 | €0 | ▼ 100% |
| Other amounts receivable41 | €152 | - | €239 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €7,136 | €964 | €4,650 | €0 | ▼ 100% |
| Deferred charges and accrued income490/1 | €740 | €795 | €271 | €0 | ▼ 100% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €48,411 | €43,419 | €14,773 | €0 | ▼ 100% |
| Equity10/15 | €10,582 | -€727 | -€2,802 | -€11,097 | ▼ 296% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €5,582 | -€5,727 | -€7,802 | -€16,097 | ▼ 106% |
| Amounts payable17/49 | €37,829 | €44,146 | €17,575 | €11,097 | ▼ 36.9% |
| Amounts payable within one year42/48 | €37,829 | €44,146 | €17,063 | €10,674 | ▼ 37.4% |
| Financial debts43 | - | - | - | €7 | - |
| Credit institutions430/8 | - | - | - | €7 | - |
| Trade debts44 | €313 | €6,436 | €992 | €4,475 | ▲ 351% |
| Suppliers440/4 | €313 | €6,436 | €992 | €4,475 | ▲ 351% |
| Taxes, remuneration and social security45 | €2,873 | €8,842 | €4,936 | €720 | ▼ 85.4% |
| Taxes450/3 | €2,873 | €8,842 | €4,936 | €720 | ▼ 85.4% |
| Other amounts payable47/48 | €34,642 | €28,868 | €11,135 | €5,473 | ▼ 50.9% |
| Accrued charges and deferred income492/3 | - | - | €512 | €423 | ▼ 17.4% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,582 | -€11,309 | -€2,075 | -€8,296 | ▼ 300% |
| + Depreciation and write-downs630 | €1,989 | €7,086 | €3,475 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €15,572 | -€4,223 | €1,400 | -€8,296 | ▼ 693% |
| Investment in fixed assets (approximation) | - | -€5,024 | €10,718 | €9,549 | ▼ 10.9% |
| Change in cash | - | -€6,172 | €3,686 | -€4,650 | ▼ 226% |
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
2025
29-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Weakest financial yearnet -€11,309
Net result drops to -€11,309, the lowest in the series; recovery starts the following year.
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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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Directors · office · real estate
Directors
2 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
Ground area
81 m²
Building footprint
61 m²
Volume, LiDAR
359 m³
Parcel 44032A0181/00Z016, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44032A0181/00Z016 | Flanders | 81 m² | 1 · 61 m² | 10.2 m · 2 fl. |
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.
Identification & contact
Identification
Legal formPrivate limited company
Founded15-07-2021
Fiscal year end31-03
Contact
E-mail
isaacverhaeghe@gmail.com
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.