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STUDIO TIMOTHY SEGERS

Active
Private limited company (pre-2019)founded 201610 yrs activeKrugerstraat 232, 2660 Antwerpen, BelgiumKBO/BCE: BE 0649.653.540

For STUDIO TIMOTHY SEGERS, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (€-95k) and a net result of €12k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 2289 sector peers (fiscal year 2023). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability100▲+100
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
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 2023
Solvency, return and age of the figures
Solvency
-511.7%
Return on assets
67.2%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 7 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline17-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 14-07-2026, 713 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 7 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
713 d late
2022
11 d early
2021
30 d late
2020
31 d late
2019
1 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2023, micro schema

Equity
€-95k▲ 11.6%
2022 · €-107k
2018: €20k 2019: €20k 2020: €5k 2021: €-32k 2022: €-107k
2018 → 2023
Total assets
€19k▲ 126%
2022 · €8k
2018: €44k 2019: €52k 2020: €44k 2021: €62k 2022: €8k
2018 → 2023
Net result
€12k
2022 · €-75k
2018: €6k 2019: €150 2020: €-15k 2021: €-37k 2022: €-75k
2018 → 2023
Working capital
€-13k▲ 32.9%
2022 · €-19k
2018: €18k 2019: €23k 2020: €9k 2021: €41k 2022: €-19k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20192020202120222023Trend
Equity€20k-€5k▼ 76.0%€-32k€-107k▼ 234%€-95k▲ 11.6%
Operating result€1k-€-15k€-28k▼ 90.8%€-78k▼ 179%€12k
Net result€150-€-15k€-37k▼ 147%€-75k▼ 104%€12k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€-75k€-50k€-25k€0Operating result 2019: €1k€1kNet result 2019: €150€150Operating result 2020: €-15k€-15kNet result 2020: €-15k€-15kOperating result 2021: €-28k€-28kNet result 2021: €-37k€-37kOperating result 2022: €-78k€-78kNet result 2022: €-75k€-75kOperating result 2023: €12k€12kNet result 2023: €12k€12k20192020202120222023
The operating result returns to profit in 2023: €12k after a loss of €78k in 2022, the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €19k
Fixed assets €550=
Current assets €18k▲ 135%
Key figures and ratios
2023 value · change against 2022
Solvency
-511.7%
Current ratio
0.58
2022 · 0.29
Quick ratio
0.58
2022 · 0.29
Debt / equity
-1.20
2022 · -1.08
ROA
67.2%
2022 · -915.7%
Debt
€114k
2022 · €116k
Debt ≤ 1 year
€31k
2022 · €27k
Debt > 1 year
€83k
2022 · €89k
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 · 2023 against 2022
Balance sheet Code20222023
Assets
Total assets20/58€8k€19k
Fixed assets21/28€550€550=
Financial fixed assets28€550€550=
Current assets29/58€8k€18k
Amounts receivable within one year40/41€6k€18k
Trade receivables40€6k€3k
Other amounts receivable41-€15k
Cash at bank and in hand54/58€141€31
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€8k€19k
Equity10/15€-107k€-95k
Contributions10/11€13k€13k=
Reserves13€7k€7k=
Non-distributable reserves130/1€661-
Reserves not available under the articles1311€661-
Tax-exempt reserves132-€661
Distributable reserves133€7k€7k=
Profit (loss) carried forward14€-127k€-115k
Amounts payable17/49€116k€114k
Amounts payable after more than one year17€89k€83k
Financial debts170/4€89k€62k
Other amounts payable178/9-€20k
Amounts payable within one year42/48€27k€31k
Trade debts44€3k€3k=
Suppliers440/4€3k€3k=
Taxes, remuneration and social security45€99€2k
Taxes450/3€99€2k
Other amounts payable47/48€24k€26k
Income statement Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-35k-
Other operating charges640/8€2k-
Gross operating margin9900€-111k€12k
Operating profit (loss)9901€-78k€12k
Financial income75/76B€13-
Recurring financial income75€13-
Financial charges65/66B€1-
Recurring financial charges65€1-
Profit (loss) for the period before taxes9903€-78k€12k
Income taxes67/77€-2k-
Profit (loss) for the period9904€-75k€12k
Profit (loss) for the period to be appropriated9905€-75k€12k
Appropriation of the result
Profit (loss) to be appropriated9906€-127k€-115k
Profit (loss) brought forward from the previous period14P€-52k€-127k

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2026
14-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 713 days late
2023
31-12
Financial Back to profitnet €12k
Net result €12k after 3 loss-making years.
20-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet €-75k
Net result drops to €-75k, the lowest in the series; recovery starts the following year.
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial Liquidity doublescurrent ratio 3.00
Current ratio from 1.25 to 3.00; short-term debt falls from €35k to €20k.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
27-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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, Antwerpen · 1 establishment unit since 2016
establishment The establishment unit on the map
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.

Krugerstraat 2322660 Antwerpen
Ground area
3.0 ha
Building footprint
2.0 ha
Volume, LiDAR
175,994 m³
Parcel 11019B0013/00Z000, Flanders · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
STUDIO TIMOTHY SEGERS
Krugerstraat 232, 2660 AntwerpenRetail trade
since 20162.252.507.769
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11019B0013/00Z000 Flanders 3.0 ha 1 · 2.0 ha 12.4 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.

Similar companies · same sector, comparable size

Of 8,304 companies in sector 90201 we hold annual accounts for 601. 245 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded04-03-2016
Fiscal year end31-12
Activities, NACEBEL
90201Performing arts by independent artists
Sources
Crossroads Bank for EnterprisesNational Bank · 7 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.