Studio Wolf
ActiveSummary
Studio Wolf has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29,946 and a net result of €4,926. Its solvency ranks better than 69% of 4,345 sector peers (NACE 74, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 08-04-2024 Normal situation
- Activity
- Graphic design and visual communication NACE 74120and 4 others
- Establishment unit
- 2.358.131.366 8500 Kortrijk, since 08-04-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 26-08-2025
Board and ownership
Board
- Colpaert,Marieke Hilde LucieDirector · since 08-04-2024
- Desauw,Frederic Frans GuidoDirector
Shareholders
- Desauw,Frederic Frans Guido50 sharesdeed of 10-04-2024
- Colpaert,Marieke Hilde Lucie50 sharesdeed of 10-04-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
Annual accounts 2025
- Gross margin
- €4,414
- ▼ 83.7%
- Turnover
- ≈ €27,000
- estimated
- Profit
- €4,926
- ▼ 75.4%
- Equity
- €29,946
- ▲ 19.7%
- Total assets
- €43,646
- ▲ 18.8%
Score breakdownraises riskSize: total assets €43,646Founded in 2024lowers riskSector: Other professional, scientific and technical activities (NACE 74)Liquidity: current ratio 3.14, cash €16,865Show the evidence
Checked score
Score 2025
94
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 67% of micro companies in other professional activities (NACE 74)
Financial strength · tick: 2024
Strong
Solvency
94+1
equity 68.6% of total assets
Liquidity
85-1
short-term debt 31.4% · cash 38.6%
Profitability
83-17
return on assets 11.3%
Bankruptcy probability within 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
05-2025: 0.5%
06-2025: 0.6%▲ +0.1 percentage points vs 05-2025
07-2025: 0.6%● unchanged vs 06-2025
08-2025: 0.6%● unchanged vs 07-2025highest value
09-2025: 0.1%▼ -0.5 percentage points vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.2%▲ +0.1 percentage points vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.1%▼ -0.1 percentage points vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.14 (3.06 in 2024), above the usual 1.5. Short-term debt is 31.4% and cash 38.6% of total assets. 31.4% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 74, micro). It does better than 70% of them on solvency, 77% on liquidity, 57% on profitability and 66% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 · 2 filingsDeviation from the deadline
2025
9 days early
2024
29 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 10 days after the deadline. In the sector (NACE 74), the median for financial year 2024 was 3 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 22-07-2026 at the NBB all 2 filings
Turnover
≈ €27,000
Estimated: probably between €13,000 and €52,000
Total assets
€43,646▲ 18.8%
2024 · €36,738
Net result
€4,926▼ 75.4%
2024 · €20,020
Working capital
€29,339▲ 21.7%
2024 · €24,103
Multi-year overview
2024 to 2025, 2 financial yearsOperating result
€2,691
▼ 89.5%
2025
20242025
Net result
€4,926
▼ 75.4%
2025
middle half of the sector
20242025
Equity
€29,946
▲ 19.7%
2025
middle half of the sector
20242025
Total assets
€43,646
▲ 18.8%
2025
lowest quarter of the sector
20242025
Debt
€13,700
▲ 16.9%
2025
20242025
Working capital
€29,339
▲ 21.7%
2025
middle half of the sector
20242025
Solvency
68.6%
▲ 0.5pp
2025
middle half of the sector
20242025
Current ratio
3.14
▲ 0.08
2025
middle half of the sector
20242025
Return on assets (ROA)
11.3%
▼ 43.2pp
2025
middle half of the sector
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20242025
Operating result€25,701-€2,691▼ 89.5%
Net result€20,020within the sector's middle half-€4,926within the sector's middle half▼ 75.4%
Equity€25,020within the sector's middle half-€29,946within the sector's middle half▲ 19.7%
Total assets€36,738below the sector's middle half-€43,646below the sector's middle half▲ 18.8%
Debt€11,718-€13,700▲ 16.9%
Working capital€24,103within the sector's middle half-€29,339within the sector's middle half▲ 21.7%
Solvency68.1%within the sector's middle half-68.6%within the sector's middle half▲ 0.5pp
Current ratio3.06within the sector's middle half-3.14within the sector's middle half▲ 0.08
Return on assets (ROA)54.5%above the sector's middle half-11.3%within the sector's middle half▼ 43.2pp
above
within
below
The sector band is the middle half of the companies in Other professional, scientific and technical activities (NACE 74). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 90% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €43,646
Fixed assets
€607 ▼ 33.8%
Current assets
€43,039 ▲ 20.2%
Equity and liabilities €43,646
Equity
€29,946 ▲ 19.7%
Debt
€13,700 ▲ 16.9%
Debt's share of the balance-sheet total falls from 31.9% to 31.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€3,002▼
2024 · €25,935
Cash flow
€5,236▼
2024 · €20,254
Debt to equity
0.46▼
2024 · 0.47
ROE
16.4%▼
2024 · 80.0%
Interest coverage
33.62▼
2024 · over 100
Debt ≤ 1 year
€13,700▲
2024 · €11,718
Income taxes
-€2,324▼
2024 · €6,349
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €1,150 | - |
| Intangible fixed assets | €1 | - |
| Financial fixed assets | - | €0 |
| Depreciation and write-downs of the year | €234 | €310 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2024 · 1 entry · €224 awarded · €224 paidAnnual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €234 | €310 | ▲ 32.8% |
| Other operating charges640/8 | €1,211 | €1,413 | ▲ 16.6% |
| Gross operating margin9900 | €27,146 | €4,414 | ▼ 83.7% |
| Operating profit (loss)9901 | €25,701 | €2,691 | ▼ 89.5% |
| Financial income75/76B | €728 | €0 | ▼ 100.0% |
| Recurring financial income75 | €728 | €0 | ▼ 100.0% |
| Financial charges65/66B | €59 | €89 | ▲ 50.6% |
| Recurring financial charges65 | €59 | €89 | ▲ 50.6% |
| Profit (loss) for the period before taxes9903 | €26,369 | €2,602 | ▼ 90.1% |
| Income taxes67/77 | €6,349 | -€2,324 | - |
| Profit (loss) for the period9904 | €20,020 | €4,926 | ▼ 75.4% |
| Profit (loss) for the period to be appropriated9905 | €20,020 | €4,926 | ▼ 75.4% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €36,738 | €43,646 | ▲ 18.8% |
| Fixed assets21/28 | €917 | €607 | ▼ 33.8% |
| Intangible fixed assets21 | €0 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €917 | €607 | ▼ 33.8% |
| Plant, machinery and equipment23 | €85 | €65 | ▼ 23.5% |
| Furniture and vehicles24 | €832 | €542 | ▼ 34.9% |
| Current assets29/58 | €35,821 | €43,039 | ▲ 20.2% |
| Amounts receivable within one year40/41 | €18,054 | €21,856 | ▲ 21.1% |
| Trade receivables40 | €997 | €1,953 | ▲ 96.0% |
| Other amounts receivable41 | €17,057 | €19,903 | ▲ 16.7% |
| Cash at bank and in hand54/58 | €16,241 | €16,865 | ▲ 3.8% |
| Deferred charges and accrued income490/1 | €1,527 | €4,318 | ▲ 183% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €36,738 | €43,646 | ▲ 18.8% |
| Equity10/15 | €25,020 | €29,946 | ▲ 19.7% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Reserves13 | €20,020 | €24,946 | ▲ 24.6% |
| Distributable reserves133 | €20,020 | €24,946 | ▲ 24.6% |
| Amounts payable17/49 | €11,718 | €13,700 | ▲ 16.9% |
| Amounts payable within one year42/48 | €11,718 | €13,700 | ▲ 16.9% |
| Trade debts44 | €7,046 | €9,907 | ▲ 40.6% |
| Suppliers440/4 | €7,046 | €9,907 | ▲ 40.6% |
| Taxes, remuneration and social security45 | €4,672 | €3,793 | ▼ 18.8% |
| Taxes450/3 | €4,672 | €3,793 | ▼ 18.8% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €20,020 | €4,926 | ▼ 75.4% |
| + Depreciation and write-downs630 | €234 | €310 | ▲ 32.8% |
| Operating cash flow (approximation) | €20,254 | €5,236 | ▼ 74.1% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €625 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as Studio Wolf has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
95.8%
was still going
2.3%
stopped otherwise
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Studio Wolf itself is lower: 0.1% within 12 months. It rests on far more data about Studio Wolf than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for Studio Wolf. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Directors
2 directors, since incorporation
Colpaert,Marieke Hilde Lucie
Current
Director (not named in the articles) · since 08-04-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 22-07-2026
Desauw,Frederic Frans Guido
Current
Director (not named in the articles) · appointed by deed of 10-04-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 22-07-2026
Owners and capital
Shareholders
At incorporation
deed of 10-04-2024 ↗
- Desauw,Frederic Frans Guido 50 shares (50%) · €2,500
- Colpaert,Marieke Hilde Lucie 50 shares (50%) · €2,500
Capital transactions
Capital over time
- 10-04-2024 Incorporation · €5,000 · 100 shares
Mandate history
2 people, 2 in office
- Board
| Name | Functions and periods |
|---|---|
| Colpaert,Marieke Hilde Lucie |
|
| Desauw,Frederic Frans Guido |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Helft overdrager,helft kopers naar aantal, werkelijke waarde op dag overdracht”
Articles of association, deed of 10-04-2024 (in Dutch)
Network & group
Studio Wolf shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of Studio Wolf. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Deeds, filings and financial milestones
Deadline for the 2026 accounts:
2026
22-07
micro format · 9 days before the deadline
2025
29-08
micro format · 29 days late
2024
10-04
Gazette deed
IncorporationFounding capital of €5,000, 100 shares · Founders: Desauw, Frederic Frans Guido; Colpaert, Marieke Hilde Lucie · Appointments: Desauw, Frederic Frans Guido (director) and Colpaert, Marieke Hilde Lucie (director)7 points ▸
Gazette deed
Incorporation
Founding capital of €5,000, 100 shares · Founders: Desauw, Frederic Frans Guido; Colpaert, Marieke Hilde Lucie · Appointments: Desauw, Frederic Frans Guido (director) and Colpaert, Marieke Hilde Lucie (director)7 points ▸
- Director appointment, Desauw, Frederic Frans Guido (director (not named in the articles))
- Director appointment, Colpaert, Marieke Hilde Lucie (director (not named in the articles))
- Incorporation, 02-04-2024
- Founder, Desauw, Frederic Frans Guido
- Founder, Colpaert, Marieke Hilde Lucie
- Founding capital, €5,000, 100 shares
- Registered office clause, Minister Vanden Peereboomlaan 44, 8500 Kortrijk
- The deed holds 4 more points.
Gazette deedNBB filing
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
Studio Wolf in Dutch
Enterprise number
1008.160.986
Legal form
Private limited company
Status
Active, normal situation
Founded
08-04-2024
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 10-04-2024 (in Dutch)Name clauseThe company operates under this name according to its articles.
Studio Wolf
deed of 10-04-2024 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 10-04-2024 (in Dutch)Registered office and establishments
Registered office
Min. Vanden Peereboomlaan 44, 8500 Kortrijk, Belgium
Establishment unit
Studio Wolf, Min. Vanden Peereboomlaan 44, 8500 Kortrijk since 08-04-2024 · unit number 2.358.131.366
Activities
NACEBEL 202574120
Graphic design and visual communication main activity
31009
Manufacture of furniture
63100
Computing infrastructure, data processing, hosting and related activities
73110
Advertising agencies
74111
Design of textile patterns, clothing, jewellery, furniture and decorative items
Codes under NACEBEL 2008
74103
Other professional, scientific and technical activities main activity
31099
Manufacture of furniture
63110
Computing infrastructure, data processing, hosting and other information service activities
73110
Advertising, market research and public relations activities
74101
Other professional, scientific and technical activities
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 10-04-2024 (in Dutch)
“Het ontwerpen en verzorgen van de design van meubelen,keukens en andere materialen en/of schrijnwerk; Het grafisch ontwerpen in de ruimste…”
13 activities
- Het ontwerpen en verzorgen van de design van meubelen,keukens en andere materialen en/of schrijnwerk.
- Het grafisch ontwerpen in de ruimste zin,daarnaast ook marketing in de ruimste zin en op alle mogelijke wijzen,methodes en/of mediums (artistiek,digitaal,online,…)
- Het ontwikkelen,produceren en vermarkten van nieuwe producten en/of prototypes.
- Alles omtrent webdesign en hosting.
- Opleidingen,begeleiding,coaching in de ruimste zin te interpreteren.
- Schrijven,publiceren en uitgeven van boeken;alsook bijhorende lezingen,voordrachten en seminaries.
- Het verlenen van bijstand,advies en leiding aan bedrijven,privépersonen en instellingen,voornamelijk doch niet uitsluitend op het vlak van management,marketing,productie en ontwikkeling,processing en het besturen van vennootschappen.Dit alles in de meest ruime betekenis.
- Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren,onder om het even welke vorm.In dit kader kan zij alle handels- en financiële operaties verrichten behalve deze die wettelijk voorbehouden zijn aan depositobanken,houders van deposito’s op korte termijn,spaarkassen,hypotheekmaatschappijen en kapitalisatieondernemingen.
- Het waarnemen van alle bestuursopdrachten en opdrachten van vereffenaars,het uitoefenen van opdrachten en functies.
- De onroerende goederen in hypotheek stellen en al haar andere goederen,met inbegrip van het handelsfonds,in pand stellen.Zij mag zich borgstellen en aval verlenen voor alle leningen,kredietopeningen en andere verbintenissen zowel voor haarzelf als voor alle derden op voorwaarde dat zij er zelf belang bij heeft.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen.Alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals de aan- en verkoop,de bouw,de verbouwing,de binnenhuisinrichting en decoratie,de huur en verhuur,de ruil,de verkaveling en,in het algemeen,alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken,van onroerende goederen of onroerende zakelijke rechten.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend patrimonium,alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals de aan- en verkoop,de huur en verhuur en de ruil.In het bijzonder het beheer en de valorisatie van alle verhandelbare waardepapieren,aandelen,obligaties,staatsfondsen.
- Het verwerven en aanhouden van participaties,in eender welke vorm,in alle bestaande of nog op te richten rechtspersonen en vennootschappen.Het stimuleren,de planning,de coördinatie van de ontwikkeling van de vennootschappen en ondernemingen,waarin ze al dan niet een participatie aanhoudt.Het deelnemen aan hun beheer,bestuur,vereffening en toezicht alsmede het verlenen van technische,administratieve en financiële bijstand van deze vennootschappen en ondernemingen.
Invoicing and payment
VAT number
BE 1008.160.986
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June at 10:00
deed of 10-04-2024 (in Dutch)Sites & property
Location
Buildings and parcels at the address
Ground area
284 m²
Building footprint
106 m²
Building volume
967 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34022E0542/00W002 | Flanders | 284 m² | 1 · 106 m² | 15.6 m · 4 |