Financials
- Fiscal year
- 2025
- Total assets
- €103,596
- Loss
- -€8,814
- Solvency
- 35.2%
Total assets▼ 9.1%
Net result
20192025
STUDIO WOAKS
ActiveSummary
STUDIO WOAKS has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36,504 and a net result of -€8,814. Equity is shrinking by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 42% of 193 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
Activity
Photography, excluding press photography
NACE 74201NACE 74811
1 site
Size
€103,596total assets 2025
- Equity
- €36,504
- Loss
- -€8,814
Structure
Accounts filed 29 d late1 of 5 deeds read
Why 67- 1 change of registered office in 24 months- Loss of €8,814, the second in a row (FY 2025)+ Sector Other professional, scientific and technical activities (NACE 74)+ Size: total assets €103,596Show the evidence
Checked score
Score 2025
67
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 30% of its sector peers (NACE 74, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
60-5
equity 35.2% of total assets
Liquidity
52-8
short-term debt 13.8% · cash 3.2%
Profitability
10-24
return on assets -8.5%
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.2%● 0.0% vs 11-2024
01-2025: 0.2%▲ +4.1% vs 12-2024
02-2025: 0.2%▼ -1.3% vs 01-2025
03-2025: 0.2%▼ -2.6% vs 02-2025
04-2025: 0.3%▲ +28.1% vs 03-2025
05-2025: 0.1%▼ -49.8% vs 04-2025
06-2025: 0.1%● 0.0% vs 05-2025
07-2025: 0.1%● 0.0% vs 06-2025
08-2025: 0.1%● 0.0% vs 07-2025
09-2025: 0.1%● 0.0% vs 08-2025
10-2025: 0.1%▼ -0.7% vs 09-2025
11-2025: 0.1%▼ -2.8% vs 10-2025lowest value
12-2025: 0.1%● 0.0% vs 11-2025lowest value
01-2026: 0.1%▲ +4.4% vs 12-2025
02-2026: 0.1%▼ -1.4% vs 01-2026
03-2026: 0.1%▼ -2.1% vs 02-2026
04-2026: 0.2%▲ +39.1% vs 03-2026
05-2026: 0.3%▲ +66.1% vs 04-2026
06-2026: 0.3%▼ -12.9% vs 05-2026
07-2026: 0.8%▲ +170% vs 06-2026highest value
08-2026: 0.8%● 0.0% vs 07-2026highest value
09-2026: 0.8%● 0.0% vs 08-2026highest value
10-2026: 0.8%● 0.0% vs 09-2026highest value
- 1 change of registered office in 24 months raises the probability
- Loss of €8,814, the second in a row (FY 2025) raises the probability
- Sector Other professional, scientific and technical activities (NACE 74) lowers the probability
- Size: total assets €103,596 lowers the probability for this profile
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 6.03 against 5.74 in 2024; short-term debt: 13.8% and cash: 3.2% of total assets), but 64.8% 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 39%, liquidity 40%, profitability 17%, growth against the median 24%. 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
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€8,814
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-05-2026, 29 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
29 d late
2024
1 d early
2023
33 d early
2022
33 d early
2021
39 d early
2020
37 d early
2019
41 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 22 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 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 29 March (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close03-10-2026 today30-04-2027 deadline
- Registered officeRegistered-office move
- Annual accounts filedfiscal year 2025 · full…
- Annual accounts filedfiscal year 2024 · full…
Key points
By topic
Timeline
- Events
- 14
- Since
- 2017
- Next accounts
- by 30-04-2027
- 26-06-2026Registered office
- 29-05-2026Annual accounts filed
- 29-04-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Photography, excluding press photographyNACE 74201
- Founded
- 26-01-2001
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
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