STUDIO PRIMITIVES
The computed 12-month bankruptcy probability of STUDIO PRIMITIVES is 1.9% (moderate). The 2024 annual accounts show negative equity (€-9k) and a net result of €-6k. Equity is shrinking by ~164.5% per year across the filed fiscal years. Its solvency ranks better than 9% of 619 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-9k |
| Net result | €-6k |
| Staff (FTE) | 1 |
| Better than sector | 9% |
Mixed profile: strong on profitability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -74.1% | 45.7% | |
| Net result | €-6k | €8k | |
| Equity | €-9k | €29k | |
| Gross operating margin | €16k | €24k | |
| Staff costs | €14k | €25k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €88 |
| Net profit | €-6k |
| Cash flow | €-2k |
| Staff costs | €14k |
| Income taxes | €160 |
| Dividends | - |
| Total assets | €12k |
| Equity | €-9k |
| Debt | €22k |
| of which ≤ 1y | €14k |
| of which > 1y | €8k |
| Working capital | €-9k |
| Employees (FTE) | 1.0 |
| 2024 | |
|---|---|
| Current ratio | 0.33 |
| Quick ratio | 0.33 |
| Working capital ratio | -72.9% |
| Solvency | -74.1% |
| Debt / equity | -2.35 |
| Long-term debt ratio | -0.87 |
| Interest coverage | 0.04 |
| Gross margin | - |
| Net margin | - |
| ROA | -47.0% |
| ROE | 63.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €12k |
| Fixed assets | 21/28 | €8k |
| Tangible fixed assets | 22/27 | €8k |
| Financial fixed assets | 28 | €331 |
| Current assets | 29/58 | €5k |
| Cash & bank | 54/58 | €3k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €12k |
| Equity | 10/15 | €-9k |
| Contributions / capital | 10/11 | €2k |
| Accumulated profits (losses) | 14 | €-11k |
| Amounts payable | 17/49 | €22k |
| Amounts payable after one year | 17 | €8k |
| Amounts payable within one year | 42/48 | €14k |
| Trade debts payable within one year | 44 | €253 |
| Income statement | ||
| Gross operating margin | 9900 | €16k |
| Operating result | 9901 | €-3k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €-6k |
| Income taxes | 67/77 | €160 |
| Net result for the period | 9904 | €-6k |
| Result to be appropriated | 9905 | €-6k |
| NACE primary | 90111 |
| Legal form | Private limited company(610) |
| Incorporation | 17-12-2021 |
| Status | Active |
| Postal code | 1450 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25022C0683/00E002 | Wallonia | 1,637 m² | 1 · 116 m² | - |
| 92252B0290/00H000 | Wallonia | 495 m² | 1 · 725 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
16-04-2024 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
{
"stage": null,
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2024-04-16",
"filing_date": null,
"act_kind_objet": "Confirmation r\u00E9mun\u00E9ration mandat administrateur"
},
"decision": {
"body": "algemene_vergadering",
"act_date": "2023-09-30",
"unanimous": null
},
"conversion": null,
"detected_kind": "other",
"report_waiver": null,
"restructuring": null,
"subject_company": {
"kbo": "0778.800.627",
"name_full": "STUDIO PRIMITIVES",
"legal_form": "Soci\u00E9t\u00E9 \u00E0 Responsabilit\u00E9 Limit\u00E9e"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "VERBEKE Kim",
"org_rep_person_name": null
},
"summary_narrative": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale du 30/09/2023 a confirm\u00E9 la r\u00E9mun\u00E9ration du mandat d\u0027administrateur de Madame VERBEKE Kim depuis la constitution de la soci\u00E9t\u00E9 pour une dur\u00E9e illimit\u00E9e.",
"co_filed_documents": [],
"detected_real_type": "other",
"referenced_correction": null,
"should_reroute_to_category": "statutes"
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | STUDIO PRIMITIVES |
| Trade nameFR | Kim Verbeke Céramique |