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STUDIO VANNUSCORPS

Active
Public limited companyfounded 197947 yrs activeAvenue de France 5, 1400 Nivelles, BelgiumKBO/BCE: BE 0419.533.908
Summary

STUDIO VANNUSCORPS has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €345,644 and a net result of -€6,489. Equity is shrinking by ~5% per year across the filed fiscal years. Its solvency ranks better than 49% of 4251 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Photography, excluding press photography
NACE 74201NACE 74811
#1 oldest company in Walloon Brabant, Other professional activities sector3 sites
Size
€706,808total assets 2025
Equity
€345,644
Loss
-€6,489
Turnover not published (abridged schema)
Financial health
88 Excellent Checked score 2025
Bankruptcy chance 12 m
0.2%
Structure
Accounts 38 d early0 of 8 deeds read
Why 88- Liquidity: current ratio 0.72, cash €10,953- Figures for FY 2025 (filed 23-09-2025)+ Size: total assets €706,808+ Sector Other professional, scientific and technical activities (NACE 74)Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Better than 38% of its sector peers (NACE 74, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency 74+1
equity 48.9% of total assets
Liquidity 52=
short-term debt 5.5% · cash 1.5%
Profitability 35=
return on assets -0.9%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (5,359 companies)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● 0.0% vs 11-2024lowest value 01-2025: 0.1%● 0.0% vs 12-2024lowest value 02-2025: 0.1%● 0.0% vs 01-2025lowest value 03-2025: 0.1%● 0.0% vs 02-2025lowest value 04-2025: 0.1%● 0.0% vs 03-2025lowest value 05-2025: 0.1%▲ +3.2% vs 04-2025 06-2025: 0.1%▲ +1.6% vs 05-2025 07-2025: 0.1%▲ +75.4% vs 06-2025 08-2025: 0.1%▲ +6.1% vs 07-2025 09-2025: 0.1%▼ -11.6% vs 08-2025 10-2025: 0.1%▼ -15.9% vs 09-2025 11-2025: 0.1%● 0.0% vs 10-2025 12-2025: 0.1%● 0.0% vs 11-2025 01-2026: 0.1%● 0.0% vs 12-2025 02-2026: 0.1%● 0.0% vs 01-2026 03-2026: 0.1%● 0.0% vs 02-2026 04-2026: 0.1%● 0.0% vs 03-2026 05-2026: 0.1%▲ +3.3% vs 04-2026 06-2026: 0.1%▲ +1.1% vs 05-2026 07-2026: 0.1%▲ +7.4% vs 06-2026 08-2026: 0.1%▲ +5.9% vs 07-2026 09-2026: 0.1%▼ -0.9% vs 08-2026 10-2026: 0.2%▲ +66.0% vs 09-2026highest value
  • Size: total assets €706,808 lowers the probability for this profile
  • Liquidity: current ratio 0.72, cash €10,953 raises the probability
  • Figures for FY 2025 (filed 23-09-2025) raises the probability
  • Sector Other professional, scientific and technical activities (NACE 74) lowers the probability
Credit up to €30,000 at 30 days acceptable
Liquidity short (current ratio 0.72 against 0.78 in 2024; short-term debt: 5.5% and cash: 1.5% of total assets), and 51.1% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 74, micro). Better than this share of them on solvency 51%, liquidity 41%, profitability 24%, growth against the median 38%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €706,808
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.72, cash €10,953
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Figures for FY 2025 (filed 23-09-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Sector Other professional, scientific and technical activities (NACE 74)
In the bankruptcy model this factor lowers the probability.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 23-09-2025, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
38 d early
2024
6 d early
2023
7 d early
2022
3 d early
2021
18 d early
2020
18 d early
2019
35 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 18 days before the deadline; the sector median for financial year 2024 is 3 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 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 24 October (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
31-03-2026 close04-10-2026 today31-10-2026 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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Risk: 6 loss-making years in a rowloss fiscal year 2025 -€6,489 View
  • Positive: Oldest company in Walloon Brabant, Other professional activities…in the Checked rankings #1 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Active since 1979founded 05-07-1979 47 years View

By topic

Financials

Fiscal year
2025
Total assets
€706,808
Loss
-€6,489
Solvency
48.9%
Go to Financials

Timeline

Events
11
Since
2016
Next accounts
by 31-10-2026
  1. 23-09-2025Annual accounts filed
  2. 25-10-2024Annual accounts filed
  3. 24-10-2023Annual accounts filed
Go to Timeline

Company details

Sites
3
Legal form
Public limited company
Activity
Photography, excluding press photographyNACE 74201
Founded
05-07-1979
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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