Summary
Studio SHAPE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2026 annual accounts show equity of €17,554 and a net result of €1,624. Equity is growing by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 39% of 35 sector peers (fiscal year 2026). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 02-09-2026, 59 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2026
59 d early
2025
50 d early
2024
50 d early
2023
56 d early
2022
53 d early
2021
46 d early
2020
5 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 46 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 8 September (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-03-2027 close31-10-2027 deadline
History
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Financials · fiscal year 2026, abbreviated schema
Equity
€17,554▲ 10.2%
2025 · €15,931
Net result
€1,624
2025 · -€1,098
Total assets
€38,662▼ 73.8%
2025 · €147,589
Solvency
45.4%▲ 34.6pp
2025 · 10.8%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Operating result-€3,240€3,540€3,218▼ 9.1%-€997€1,800
Net result-€3,273below the sector's middle half€3,506below the sector's middle half€3,183below the sector's middle half▼ 9.2%-€1,098below the sector's middle half€1,624
Equity€10,339below the sector's middle half▼ 24.0%€13,846below the sector's middle half▲ 33.9%€17,029below the sector's middle half▲ 23.0%€15,931below the sector's middle half▼ 6.4%€17,554▲ 10.2%
Total assets€17,219below the sector's middle half▼ 6.9%€17,725below the sector's middle half▲ 2.9%€52,158below the sector's middle half▲ 194%€147,589below the sector's middle half▲ 183%€38,662▼ 73.8%
Debt€6,879▲ 41.0%€3,879▼ 43.6%€35,129▲ 806%€131,659▲ 275%€21,108▼ 84.0%
Working capital-€5,324within the sector's middle half▼ 160%-€1,818within the sector's middle half▲ 65.9%-€13,813within the sector's middle half▼ 660%-€13,174within the sector's middle half▲ 4.6%-€6,887▲ 47.7%
Solvency60.0%within the sector's middle half▼ 13.6pp78.1%above the sector's middle half▲ 18.1pp32.6%within the sector's middle half▼ 45.5pp10.8%below the sector's middle half▼ 21.9pp45.4%▲ 34.6pp
Current ratio0.23below the sector's middle half▼ 0.350.53below the sector's middle half▲ 0.310.61below the sector's middle half▲ 0.080.90within the sector's middle half▲ 0.290.67▼ 0.23
Return on assets (ROA)-19.0%below the sector's middle half▼ 22.3pp19.8%above the sector's middle half▲ 38.8pp6.1%within the sector's middle half▼ 13.7pp-0.7%below the sector's middle half▼ 6.8pp4.2%▲ 4.9pp
Staff (FTE)0.4below the sector's middle half0▼ 100%
above
within
below
the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2026: €1,800 after a loss of €997 in 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €38,662
Fixed assets
€24,442 ▼ 16.0%
Current assets
€14,221 ▼ 88.0%
Equity and liabilities €38,662
Equity
€17,554 ▲ 10.2%
Debt
€21,108 ▼ 84.0%
Debt's share of the balance-sheet total falls from 89.2% to 54.6%. Equity is higher and debt is lower.
Key figures and ratios
ROE
9.2%▲
2025 · -6.9%
Debt ≤ 1 year
€21,108▼
2025 · €131,659
Income taxes
€79
Staff costs
€0▼
2025 · €27,696
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 | 2026 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €27,696 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €822 | €3,839 | €3,200 | ▼ 16.7% |
| Other operating charges640/8 | €1,027 | €545 | €601 | €718 | €1,112 | ▲ 54.8% |
| Gross operating margin9900 | -€2,213 | €4,086 | €4,641 | €31,257 | €6,112 | ▼ 80.4% |
| Operating profit (loss)9901 | -€3,240 | €3,540 | €3,218 | -€997 | €1,800 | ▲ 281% |
| Financial income75/76B | - | - | €0 | €0 | - | - |
| Recurring financial income75 | - | - | €0 | €0 | - | - |
| Financial charges65/66B | €32 | €34 | €35 | €101 | €97 | ▼ 4.3% |
| Recurring financial charges65 | €32 | €34 | €35 | €101 | €97 | ▼ 4.3% |
| Profit (loss) for the period before taxes9903 | -€3,273 | €3,506 | €3,183 | -€1,098 | €1,703 | ▲ 255% |
| Income taxes67/77 | - | - | - | - | €79 | - |
| Profit (loss) for the period9904 | -€3,273 | €3,506 | €3,183 | -€1,098 | €1,624 | ▲ 248% |
| Profit (loss) for the period to be appropriated9905 | -€3,273 | €3,506 | €3,183 | -€1,098 | €1,624 | ▲ 248% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €17,219 | €17,725 | €52,158 | €147,589 | €38,662 | ▼ 73.8% |
| Fixed assets21/28 | €15,663 | €15,663 | €30,842 | €29,105 | €24,442 | ▼ 16.0% |
| Intangible fixed assets21 | - | - | €15,178 | €11,978 | €8,778 | ▼ 26.7% |
| Tangible fixed assets22/27 | €15,663 | €15,663 | €15,663 | €17,126 | €15,663 | ▼ 8.5% |
| Furniture and vehicles24 | - | - | - | €1,463 | €0 | ▼ 100% |
| Assets under construction and advance payments27 | €15,663 | €15,663 | €15,663 | €15,663 | €15,663 | = |
| Current assets29/58 | €1,555 | €2,062 | €21,316 | €118,485 | €14,221 | ▼ 88.0% |
| Amounts receivable within one year40/41 | €876 | €86 | €15,605 | €116,595 | €9,128 | ▼ 92.2% |
| Trade receivables40 | - | - | €15,000 | €111,000 | €7,500 | ▼ 93.2% |
| Other amounts receivable41 | €876 | €86 | €605 | €5,595 | €1,628 | ▼ 70.9% |
| Cash at bank and in hand54/58 | €679 | €1,975 | €5,712 | €1,890 | €3,331 | ▲ 76.3% |
| Deferred charges and accrued income490/1 | - | - | - | - | €1,761 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €17,219 | €17,725 | €52,158 | €147,589 | €38,662 | ▼ 73.8% |
| Equity10/15 | €10,339 | €13,846 | €17,029 | €15,931 | €17,554 | ▲ 10.2% |
| Contributions10/11 | €16,600 | €16,600 | €16,600 | €16,600 | €16,600 | = |
| Profit (loss) carried forward14 | -€6,261 | -€2,754 | €429 | -€669 | €954 | ▲ 243% |
| Amounts payable17/49 | €6,879 | €3,879 | €35,129 | €131,659 | €21,108 | ▼ 84.0% |
| Amounts payable within one year42/48 | €6,879 | €3,879 | €35,129 | €131,659 | €21,108 | ▼ 84.0% |
| Trade debts44 | - | - | €1,750 | €1,194 | €5,029 | ▲ 321% |
| Suppliers440/4 | - | - | €1,750 | €1,194 | €5,029 | ▲ 321% |
| Taxes, remuneration and social security45 | - | - | - | - | €79 | - |
| Taxes450/3 | - | - | - | - | €79 | - |
| Other amounts payable47/48 | €6,879 | €3,879 | €33,379 | €130,465 | €16,000 | ▼ 87.7% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,273 | €3,506 | €3,183 | -€1,098 | €1,624 | ▲ 248% |
| + Depreciation and write-downs630 | - | - | €822 | €3,839 | €3,200 | ▼ 16.7% |
| Operating cash flow (approximation) | -€3,273 | €3,506 | €4,005 | €2,741 | €4,824 | ▲ 76.0% |
| Investment in fixed assets (approximation) | - | €0 | -€16,000 | -€2,102 | €1,463 | ▲ 170% |
| Change in cash | - | €1,296 | €3,737 | -€3,822 | €1,442 | ▲ 138% |
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 2027, expected by
2026
02-09
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
31-03
Financial
Back to profitnet €1,624
Net result €1,624 after one loss-making year.
2025
11-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
11-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
05-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Back to profitnet €3,506
Net result €3,506 after one loss-making year.
2022
08-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Weakest financial yearnet -€3,273
Net result drops to -€3,273, the lowest in the series; recovery starts the following year.
2021
15-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Back to profitnet €606
Net result €606 after 2 loss-making years.
2020
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
05-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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 2017
Ground area
2,264 m²
Building footprint
355 m²
Volume, LiDAR
2,307 m³
Parcel 44062B0355/00E002, Flanders · tallest building 14.3 m, ±3 floors. Linked by address, not a title deed.
11
companies at this address
See who is registered here
1 establishment unit
Studio SHAPE
since 20172.267.856.139
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44062B0355/00E002 | Flanders | 2,264 m² | 1 · 355 m² | 14.3 m · 3 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.
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Of 1,506 companies in sector 66199 we hold annual accounts for 922. 401 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-07-2017
Fiscal year end31-03
Activities, NACEBEL 2025
66199Other activities auxiliary to financial services, excluding insurance and pension funding
E-invoicing
Reachable via Peppol
Peppol ID
0208:0677888854
Registered
10-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.