Studio Mowk
ActiveStudio Mowk has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €9k and a net result of €3k. Equity is growing by ~44.6% per year across the filed fiscal years. Its solvency ranks better than 17% of 37972 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
81
/ 100
Excellent▼ -8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency43▼-19
Growth52▲+20
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.16 against 1.24 in 2023), but 85.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
14.4%
Return on assets
5.1%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 37972 sector peers (2024).
NBB · sector comparisonPosition among 37972 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
43 d late
2022
30 d late
2021
76 d early
2020
31 d late
2019
83 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€9k▲ 55.0%
2023 · €6k
2018: €8k
2019: €-6k
2020: €-19k
2021: €1k
2022: €3k
2023: €6k
2018 → 2024
Total assets
€61k▲ 291%
2023 · €16k
2018: €15k
2019: €8k
2020: €4k
2021: €15k
2022: €30k
2023: €16k
2018 → 2024
Net result
€3k▲ 13.8%
2023 · €3k
2018: €6k
2019: €-14k
2020: €-14k
2021: €15k
2022: €2k
2023: €3k
2018 → 2024
Working capital
€32k▲ 1,239%
2023 · €2k
2018: €6k
2019: €-8k
2020: €-21k
2021: €-3k
2022: €-1k
2023: €2k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-19k-€1k€3k▲ 184%€6k▲ 66.5%€9k▲ 55.0%
Operating result€-13k-€15k€2k▼ 83.1%€4k▲ 59.5%€7k▲ 67.4%
Net result€-14k-€15k€2k▼ 84.9%€3k▲ 24.1%€3k▲ 13.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 67% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €61k
Fixed assets
€2k▼ 53.7%
Current assets
€60k▲ 382%
Equity and liabilities €61k
Equity
€9k▲ 55.0%
Debt
€53k▲ 424%
The debt ratio rises from 63.8% to 85.6%: debt grows faster than equity.
Key figures and ratios
EBITDA
€8k▲
2023 · €6k
Cash flow
€5k▼
2023 · €5k
Solvency
14.4%▼
2023 · 36.2%
Current ratio
2.16▲
2023 · 1.24
Quick ratio
2.16▲
2023 · 1.24
Debt / equity
5.96▲
2023 · 1.76
ROE
35.5%▼
2023 · 48.3%
ROA
5.1%▼
2023 · 17.5%
Interest coverage
6.21▼
2023 · 7.21
Debt
€53k▲
2023 · €10k
Debt ≤ 1 year
€28k▲
2023 · €10k
Income taxes
€2k▲
2023 · €872
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€16k€61k▲
Fixed assets21/28€3k€2k▼
Intangible fixed assets21€579€67▼
Tangible fixed assets22/27€3k€1k▼
Furniture and vehicles24€2k€970▼
Other tangible fixed assets26€732€482▼
Financial fixed assets28€0-
Current assets29/58€12k€60k▲
Amounts receivable within one year40/41€4k€53k▲
Trade receivables40€2k€52k▲
Other amounts receivable41€2k€623▼
Cash at bank and in hand54/58€7k€6k▼
Deferred charges and accrued income490/1€1k€764▼
Equity and liabilities
Total equity and liabilities10/49€16k€61k▲
Equity10/15€6k€9k▲
Contributions10/11€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-8k€-5k▲
Amounts payable17/49€10k€53k▲
Amounts payable within one year42/48€10k€28k▲
Financial debts43€257€180▼
Credit institutions430/8€257€180▼
Trade debts44€8k€4k▼
Suppliers440/4€8k€4k▼
Taxes, remuneration and social security45€2k€11k▲
Taxes450/3€2k€9k▲
Remuneration and social security454/9€0€2k▲
Other amounts payable47/48€0€12k▲
Accrued charges and deferred income492/3-€25k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€2k€752▼
Non-recurring operating charges66A€2k€0▼
Gross operating margin9900€10k€9k▼
Operating profit (loss)9901€4k€7k▲
Financial income75/76B€503€1▼
Recurring financial income75€503€1▼
Financial charges65/66B€858€1k▲
Recurring financial charges65€858€1k▲
Profit (loss) for the period before taxes9903€4k€5k▲
Income taxes67/77€872€2k▲
Profit (loss) for the period9904€3k€3k▲
Profit (loss) for the period to be appropriated9905€3k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€-5k▲
Profit (loss) brought forward from the previous period14P€-11k€-8k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
12-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 43 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
16-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €15k
Net result €15k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
22-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 83 days late
2019
31-12
Financial
Weakest financial yearnet €-14k ▼325%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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 · 1 establishment unit since 2016
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.
Langestraat 1849050 GentGround area
294 m²
Building footprint
79 m²
Volume, LiDAR
600 m³
Parcel 44032A0267/00K013, Flanders · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Studio Mowk
since 20162.261.763.450
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44032A0267/00K013 | Flanders | 294 m² | 1 · 79 m² | 11.1 m · 3 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
2022 · 1 entry · 1,343 EUR awarded · 1,343 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 1,343 EUR | 1,343 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,241 companies in sector 70200 we hold annual accounts for 52,386. 21,449 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-12-2016
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
71112Activities of interior architects
74130Interior design
Sources
Crossroads Bank for EnterprisesNational Bank · 8 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.