STUDIO VAN PRAET is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.16M and a net result of €118k. Equity is growing by ~44.5% per year across the filed fiscal years. Its solvency ranks better than 69% of 7980 sector peers (fiscal year 2025). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health 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.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
2 d early
2023
29 d late
2022
32 d late
2021
6 d early
2020
31 d late
2019
54 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
€1.16M▲ 11.3%
2024 · €1.04M
2018: €35k
2019: €34k
2020: €42k
2021: €42k
2022: €721k
2023: €873k
2024: €1.04M
2018 → 2025
Net result
€118k▼ 31.5%
2024 · €172k
2018: €-580
2019: €-586
2020: €8k
2021: €-632
2022: €44k
2023: €152k
2024: €172k
2018 → 2025
Total assets
€1.60M▼ 1.3%
2024 · €1.62M
2018: €35k
2019: €34k
2020: €43k
2021: €42k
2022: €1.15M
2023: €1.52M
2024: €1.62M
2018 → 2025
Solvency
72.7%▲ 8.2pp
2024 · 64.6%
2018: 100.0%
2019: 100.0%
2020: 99.8%
2021: 100.0%
2022: 63.0%
2023: 57.5%
2024: 64.6%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€42k-€721k▲ 1,624%€873k▲ 21.0%€1.04M▲ 19.7%€1.16M▲ 11.3%
Operating result€-595-€47k€239k▲ 412%€283k▲ 18.2%€200k▼ 29.5%
Net result€-632-€44k€152k▲ 247%€172k▲ 13.4%€118k▼ 31.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 29% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.60M
Fixed assets
€1.37M▼ 2.1%
Current assets
€231k▲ 3.9%
Equity and liabilities €1.60M
Equity
€1.16M▲ 11.3%
Debt
€436k▼ 24.1%
The debt ratio falls from 35.4% to 27.3%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
72.7%▲
2024 · 64.6%
ROE
10.1%▼
2024 · 16.4%
ROA
7.4%▼
2024 · 10.6%
Debt
€436k▼
2024 · €573k
Debt ≤ 1 year
€338k▼
2024 · €436k
Debt > 1 year
€81k▼
2024 · €120k
Income taxes
€59k▼
2024 · €85k
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€1.62M€1.60M▼
Fixed assets21/28€1.40M€1.37M▼
Tangible fixed assets22/27€1.40M€1.37M▼
Land and buildings22€1.40M€1.37M▼
Current assets29/58€222k€231k▲
Amounts receivable within one year40/41€135k€37k▼
Trade receivables40€134k€30k▼
Other amounts receivable41€380€7k▲
Current investments50/53-€90k
Cash at bank and in hand54/58€88k€104k▲
Deferred charges and accrued income490/1-€305
Equity and liabilities
Total equity and liabilities10/49€1.62M€1.60M▼
Equity10/15€1.04M€1.16M▲
Contributions10/11€8k€8k=
Revaluation surpluses12€573k€573k=
Reserves13€464k€582k▲
Tax-exempt reserves132€79k€79k=
Distributable reserves133€385k€503k▲
Amounts payable17/49€573k€436k▼
Amounts payable after more than one year17€120k€81k▼
Financial debts170/4€120k€81k▼
Amounts payable within one year42/48€436k€338k▼
Current portion of amounts payable after more than one year42€104k€39k▼
Trade debts44€17k€72k▲
Suppliers440/4€17k€72k▲
Taxes, remuneration and social security45€20k€0▼
Taxes450/3€20k€0▼
Other amounts payable47/48€295k€227k▼
Accrued charges and deferred income492/3€18k€17k▼
Income statement
Code20242025
Non-recurring operating income76A-€12k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€61k€61k▲
Other operating charges640/8€4k€4k▲
Gross operating margin9900€348k€265k▼
Operating profit (loss)9901€283k€200k▼
Financial income75/76B€11€1k▲
Recurring financial income75€11€1k▲
Financial charges65/66B€26k€24k▼
Recurring financial charges65€26k€24k▼
Profit (loss) for the period before taxes9903€257k€177k▼
Income taxes67/77€85k€59k▼
Profit (loss) for the period9904€172k€118k▼
Profit (loss) for the period to be appropriated9905€172k€118k▼
Appropriation of the result
Profit (loss) to be appropriated9906€172k€118k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€172k€118k▼
To other reserves6921€172k€118k▼
The notes to these accounts (17 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
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €172k ▲13.4%
Operating result €283k, net result €172k, both a record.
31-12
Financial
Equity above €1MEq €1.04M ▲19.7%
3 profitable years in a row build equity to €1.04M.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Back to profitnet €44k
Net result €44k after one loss-making year.
31-12
Financial
Equity above €500kEq €721k ▲1624%
Equity rises from €42k to €721k.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-632 ▼108%
Net result drops to €-632, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
23-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 54 days late
2019
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Aalst · 1 establishment unit since 2005
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.
Waverstraat 239310 AalstGround area
183 m²
Building footprint
95 m²
Parcel 41042C0403/00R000, Flanders. Linked by address, not a title deed.
1 establishment unit
STUDIO VAN PRAET
since 20052.147.472.409
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41042C0403/00R000 | Flanders | 183 m² | 1 · 95 m² | - |
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
SAMIN
BE 0753.695.839
Gent · Eq €1.16M
MAXXIMUM
BE 0477.832.193
Elsene · Eq €1.16M
MAXIM HANSSENS
BE 0841.407.890
Lendelede · Eq €1.16M
BOFIN
BE 0434.450.924
Diksmuide · Eq €1.16M
EDENTERRA
BE 0472.613.890
Wingene · Eq €1.16M
Of 24,726 companies in sector 64210 we hold annual accounts for 19,747. 12,328 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-06-2005
Fiscal year end31-12
Activities, NACEBEL
52441
64200Holdings
64210Activities of holding companies
47551Retail sale of household furniture
47591Retail trade
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.