Studio PietW
ActiveStudio PietW has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €56k and a net result of €19k. Equity is growing by ~36.5% per year across the filed fiscal years. Its solvency ranks better than 71% of 951 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency99▲+24
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 3.56 against 1.66 in 2024; short-term debt: 23.7% and cash: 44.8% of total assets), and 26.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
73.6%
Return on assets
24.7%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 18
Relative position
BE, all sectors
reference
Sector 18
lower
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 5 filingsDeviation from the deadline
2025
31 d late
2024
27 d late
2023
69 d early
2022
3 d early
2021
4 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€56k▲ 52.7%
2024 · €37k
2021: €25k
2022: €11k
2023: €11k
2024: €37k
2021 → 2025
Total assets
€76k▲ 4.1%
2024 · €73k
2021: €54k
2022: €29k
2023: €32k
2024: €73k
2021 → 2025
Net result
€19k▼ 25.3%
2024 · €25k
2021: €20k
2022: €5k
2023: €11k
2024: €25k
2021 → 2025
Working capital
€46k▲ 104%
2024 · €23k
2021: €26k
2022: €12k
2023: €11k
2024: €23k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€25k-€11k▼ 54.9%€11k▲ 0.4%€37k▲ 220%€56k▲ 52.7%
Operating result€26k-€8k▼ 68.1%€17k▲ 104%€36k▲ 117%€24k▼ 34.0%
Net result€20k-€5k▼ 74.3%€11k▲ 114%€25k▲ 128%€19k▼ 25.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 34% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €76k
Fixed assets
€12k▼ 25.3%
Current assets
€64k▲ 12.2%
Equity and liabilities €76k
Equity
€56k▲ 52.7%
Debt
€20k▼ 44.9%
The debt ratio falls from 49.9% to 26.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€30k▼
2024 · €37k
Cash flow
€24k▼
2024 · €26k
Solvency
73.6%▲
2024 · 50.1%
Current ratio
3.56▲
2024 · 1.66
Quick ratio
3.56▲
2024 · 1.66
Debt / equity
0.36▼
2024 · 1.00
ROE
33.6%▼
2024 · 68.8%
ROA
24.7%▼
2024 · 34.5%
Interest coverage
129.25▲
2024 · 40.41
Debt
€20k▼
2024 · €36k
Debt ≤ 1 year
€18k▼
2024 · €35k
Debt > 1 year
€2k▲
2024 · €2k
Income taxes
€5k▼
2024 · €10k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€73k€76k▲
Fixed assets21/28€16k€12k▼
Tangible fixed assets22/27€16k€12k▼
Plant, machinery and equipment23-€1k
Furniture and vehicles24€16k€10k▼
Current assets29/58€57k€64k▲
Amounts receivable after more than one year29-€52
Trade receivables290-€52
Amounts receivable within one year40/41€27k€25k▼
Trade receivables40€19k€15k▼
Other amounts receivable41€8k€10k▲
Cash at bank and in hand54/58€29k€34k▲
Deferred charges and accrued income490/1€441€5k▲
Equity and liabilities
Total equity and liabilities10/49€73k€76k▲
Equity10/15€37k€56k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€31k€50k▲
Amounts payable17/49€36k€20k▼
Amounts payable after more than one year17€2k€2k▲
Financial debts170/4€2k€2k▲
Amounts payable within one year42/48€35k€18k▼
Current portion of amounts payable after more than one year42€51-
Trade debts44€22k€11k▼
Suppliers440/4€22k€11k▼
Taxes, remuneration and social security45€12k€6k▼
Taxes450/3€9k€4k▼
Remuneration and social security454/9€2k€2k▼
Other amounts payable47/48€610€610=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€560€6k▲
Other operating charges640/8€88€840▲
Gross operating margin9900€37k€30k▼
Operating profit (loss)9901€36k€24k▼
Financial income75/76B€3€3▼
Recurring financial income75€3€3▼
Financial charges65/66B€915€229▼
Recurring financial charges65€915€229▼
Profit (loss) for the period before taxes9903€35k€24k▼
Income taxes67/77€10k€5k▼
Profit (loss) for the period9904€25k€19k▼
Profit (loss) for the period to be appropriated9905€25k€19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€31k€50k▲
Profit (loss) brought forward from the previous period14P€5k€31k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Liquidity doublescurrent ratio 3.56
Current ratio from 1.66 to 3.56; short-term debt falls from €35k to €18k.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Highest result since 2021net €25k ▲128%
Operating result €36k, net result €25k, both a record.
23-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €5k ▼74.3%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Huy · 1 establishment unit since 2021
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.
Rue Chantelière 414500 HuyGround area
464 m²
Building footprint
93 m²
Volume, LiDAR
494 m³
Parcel 61031B0953/00S000, Wallonia · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Studio PietW
since 20212.315.957.647
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61031B0953/00S000 | Wallonia | 464 m² | 1 · 93 m² | 8.0 m · 2 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.
Similar companies · same sector, comparable size
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ERKENS
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DRIFT
BE 0819.914.967
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FLUFFY DESIGN
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SOOSHI
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Of 2,856 companies in sector 18130 we hold annual accounts for 831. 693 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-04-2021
Fiscal year end31-12
Activities, NACEBEL
18130Pre-press and pre-media services
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
74103Other professional, scientific and technical activities
74109Other professional, scientific and technical activities
74120Graphic design and visual communication
74140Other specialised design activities
82300Organisation of conventions and trade shows
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.