Turnover
≈ €19,000 estimated
The micro format states no turnover.
Studio Modular
Overview
Lifetime
2 annual accounts with figures on one time axispeak €18,528 (2024)
€3,110▼ 83.2%
lowest -€9 (2025)
-€9▼ €14,770
peak €17,761 (2024)
€17,753unchanged
€22,105▲ 31.2%
Board1 name since 2024
1 directorDegryse, Janne
Documentsfilings and deeds
23-07-20268 days before the deadline
2025micro format
Gross margin from €18,528 to €3,110Loss of €9Debts from €16,843 to €22,105
Key points
from the 2025 annual accountsStarting capital
€3,000
Checked score
84
Excellent
Financially stronger than 38% of micro companies in other professional activities (NACE 74)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 5,431 companies (NACE 74, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2025: 0.2%
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025lowest value
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.3%▲ +0.1 percentage points vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.3%● unchanged vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026highest value
11-2026: 0.3%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
lowers risk
Sector: Other professional, scientific and technical activities (NACE 74)
Liquidity: current ratio 1.72, cash €6,708
Figures for financial year 2025 (filed on 23-07-2026)
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 74, micro). It does better than 47% of them on solvency, 26% on liquidity, 37% on profitability and 41% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 2,145 companies had the same profile as Studio Modular has now. Each dot stands for 6 companies, two years later.
91.7%
were still trading
5.9%
stopped another way
2.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Studio Modular itself is lower: 0.3% within 12 months. It rests on far more data about Studio Modular than the profile alone.
Test of the method
The method was tested on the 497,447 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 2,145 companies, not a prediction for Studio Modular. 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.
Credit verdict
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.72 (1.9 in 2024), above the usual 1.5. Short-term debt is 55.5% and cash 16.8% of total assets. However, 55.5% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 23-07-2026, 8 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
8 days early
2024
2 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 5 days before the deadline. In the sector (NACE 74), the median for financial year 2024 was 3 days before the deadline, and 38% 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.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1015158250
Incorporation
Founding capital of €3,000 · Founder: Degryse, Janne · Appointment: Degryse, Janne (director) · published on 18-10-2024 · Gazette deed
First establishment
Rosenstraat 4, Antwerp
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Studio Modular Antwerp | €39,857 | €3,110 | 44.5% | - |
| Map4All Charleroi | €33,498 | €3,637 | 35.7% | - |
| Studio Wolf Kortrijk | €43,646 | €4,414 | 68.6% | - |
| HELCREATIVE Sint-Niklaas | €28,805 | €2,630 | 26.8% | - |
| SLF Visé | €32,560 | €4,906 | 11.7% | - |
| MC Design Antwerpen Ranst | €28,423 | €4,042 | 52.3% | - |
| Studio DrieDay Westerlo | €36,199 | -€17,577 | -66.5% | - |
These companies have the same main activity as Studio Modular: graphic design and visual communication (NACE 74120). They are comparable in size and age: total assets between €28,400 and €43,600, founded between 2023 and 2025.
Official details
Source: KBO- Status
- Active since 16-10-2024Normal situation
- Activity
- Graphic design and visual communicationNACE 74120and 4 others
- Establishment unit
- 2.365.716.7662100 Antwerp, since 16-10-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 09-01-2025
Annual accounts 2025
- €3,110▼ 83.2%
- €9
- €17,753=
- €39,857▲ 15.2%
- Filing
- Filed on 23-07-2026, 8 days before the end of the filing period
Insights on Studio Modular
Studio Modular has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17,753 and a net result of -€9.
Its solvency ranks better than 45% of 4,362 sector peers (NACE 74, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 23-07-2026, 8 days before the deadline€3,110
▼ 83.2%
€2,183
▼ 88.2%
-€9
▼ €14,770
€15,874
▲ 5.3%
44.5%
▼ 6.8 percentage points
1.72
▼ 0.18
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €19,000. Estimated: probably between €9,600 and €35,000.
Balance sheet
balance sheet total €39,857 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
44.5%
Higher than 45% of 4,362 companies in 2025.
1.72
Higher than 46% of 4,194 companies in 2025.
0.0%
Higher than 27% of 4,224 companies in 2025.
Studio Modular
Middle half of the sector
80% of the sector
Micro accounts in other professional activities (NACE 74)
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
39,857 | 34,605 | |
21/28 |
1,879 | 2,686 | |
21 |
546 | 683 | |
22/27 |
1,332 | 2,002 | |
23 |
1,332 | 2,002 | |
29/58 |
37,979 | 31,919 | |
40/41 |
28,890 | 26,012 | |
40 |
22,701 | 26,012 | |
41 |
6,189 | - | |
50/53 |
2,000 | - | |
54/58 |
6,708 | 5,907 | |
490/1 |
381 | - | |
| Balance sheet: equity and liabilities | |||
10/49 |
39,857 | 34,605 | |
10/15 |
17,753 | 17,761 | |
10/11 |
3,000 | 3,000 | |
14 |
14,753 | 14,761 | |
17/49 |
22,105 | 16,843 | |
42/48 |
22,105 | 16,843 | |
42 |
8,300 | - | |
44 |
2,082 | 809 | |
440/4 |
2,082 | 809 | |
45 |
6,473 | 10,593 | |
450/3 |
6,473 | 10,593 | |
47/48 |
5,249 | 5,441 | |
| Income statement | |||
9900 |
3,110 | 18,528 | |
630 |
807 | 9 | |
640/8 |
120 | - | |
9901 |
2,183 | 18,519 | |
65/66B |
81 | 8 | |
65 |
81 | 8 | |
9903 |
2,102 | 18,512 | |
67/77 |
2,111 | 3,750 | |
9904 |
-9 | 14,761 | |
9905 |
-9 | 14,761 | |
| Appropriation of the result | |||
9906 |
14,753 | 14,761 | |
14P |
14,761 | - | |
| Document | |||
The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 23-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 2,990 | 18,528 | ||
| 798 | 14,770 | ||
| 0 | 2,694 | ||
| 801 | - | ||
| 15,874 | 15,076 | ||
| 44.5% | 51.3% | ||
| 1.72 | 1.90 | ||
| 1.25 | 0.95 | ||
| 0.0% | 83.1% | ||
| 0.0% | 42.7% | ||
| 37.09 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | - | €2,010 |
| Intangible fixed assets | - | €685 |
| Financial fixed assets | €0 | - |
| €807 | €9 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on Studio Modular
The operating result for 2025 is 88% lower than in 2024.
Debt's share of the balance-sheet total rises from 48.7% to 55.5%. Debt is higher.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 12-10-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 23-07-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Bevoegdheid. De bestuurder(s) of het college van bestuurders zijn bevoegd om alle handelingen te verrichten die nodig of dienstig zijn tot…”deed of 18-10-2024
Mandates through the years
1 name, the dashed line is todayDegryse, Janne
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- Degryse, Janne
- Director (not named in the articles), from 12-10-2024 to date
Control
Capital
- Contribution
- €3,000
- Source
- deed of 18-10-2024
Articles of association
deed of 18-10-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director“Werking van het bestuur, vergadert op uitnodiging van de voorzitter die het college moet samenroepen wanneer twee bestuurders erom verzoeken”“Vergoeding van de bestuurders, de algemene vergadering beslist of het mandaat van de bestuurders al dan niet ten kosteloze titel wordt…”“Het bestuursorgaan zal bepalen of zij alleen, dan wel gezamenlijk optreden, dagelijks bestuur”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- 15 June at 20:00
Shareholders
At incorporation
deed of 18-10-2024 ↗
- Degryse, Janne €3,000 in cash
Network & group
No group
Studio Modular has no parent and no holdings in its annual accounts. Degryse, Janne is the only director. Studio Modular shares no director with another company.
Timeline
Timeline
5 events since 2024Filings
Establishments
202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 8 days before the deadline
2025
Annual accounts 2024 filed NBBmicro format · 2 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:1015158250
2024
IncorporationFounding capital of €3,000 · Founder: Degryse, Janne · Appointment: Degryse, Janne (director) · published on 18-10-20245 points ▸
- Founder, Degryse, Janne
- Registered office clause, Rosenstraat 4, 2100 Antwerpen (Deurne)
- Director appointment, Degryse, Janne (director (not named in the articles))
- Power of attorney, Degryse, Janne
- Founding capital, €3,000
- The deed holds 2 more points.
First establishment Rosenstraat 4, Antwerp
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 16 October 2024, Studio Modular was incorporated as a private limited company by one natural person, with a starting capital of €3,000.12 Degryse, Janne has served as director since 2024.3 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Identity
- Enterprise number
- 1015.158.250
- VAT number
- BE 1015.158.250
- Peppol ID
- 0208:1015158250
- Other Peppol ID
- 9925:BE1015158250
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 16-10-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- 15 June at 20:00deed of 18-10-2024 (in Dutch)
- Peppol
- Reachable since 09-01-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Studio Modular in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 18-10-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 18-10-2024 (in Dutch)
Activities
NACEBEL 202574120
Graphic design and visual communication main activity
73110
Advertising agencies
Codes under NACEBEL 2008
74103
Other professional, scientific and technical activities main activity
58190
Publishing activities
59113
Motion picture, video and television programme production, sound recording and music publishing activities
73110
Advertising, market research and public relations activities
82990
Other business support services
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Grafisch ontwerp; Het ontwerpen, creëren en uitgeven van alle mogelijke producten en publiciteit en dat op de ruimst mogelijke markt…”deed of 18-10-2024 (in Dutch)
10 activities
- Grafisch ontwerp
- Het ontwerpen, creëren en uitgeven van alle mogelijke producten en publiciteit en dat op de ruimst mogelijke markt, hierbij inbegrepen onder andere film, animatie, magazines (maken en uitgeven), theaterproducties, muziek, games, fotografie, speelgoed, enzovoort
- Fotografie
- Het creëren, bewerken en promoten van video-, geluid- en beeldmateriaal
- Drukkerij
- Het ontwerpen, uitwerken en uitgeven van allerhande publiciteit
- Het verstrekken van adviezen in verband met publiciteit en publiciteitsaangelegenheden en inzake aanwending van alle publiciteitsmedia en publiciteitstechnieken
- Het organiseren van publiciteitscampagnes
- Het organiseren van alle mogelijke seminaries, opleidingen of manifestaties hetzij in groep, hetzij individueel zonder enige beperking inzake onderwerp, grootte of locatie
- Overige zakelijke dienstverlening
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Rosenstraat 4 registered office 2100 Antwerp | 16-10-2024 | 2.365.716.766 |
Buildings and parcels at the address
- Ground area
- 115 m²
- Buildings
- 67 m²
- Volume, LiDAR
- 450 m³
- Tallest building
- 10.8 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11343A0659/00N002 | 115 m² | 1 · 67 m² | 10.8 m · 2 |