STUDIOTECH
STUDIOTECH has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11.86M and a net result of €1.76M. Equity is growing by ~15.3% per year across the filed fiscal years. Its solvency ranks better than 81% of 249 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
| Equity | €11.86M |
| Net result | €1.76M |
| Staff (FTE) | 21.3 |
| Better than sector | 81% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 43.3% | 13.9% | |
| Net result | €1.76M | €19k | |
| Equity | €11.86M | €95k | |
| Staff costs | €1.44M | €281k | |
| Employees (FTE) | 21.3 | 7.3 |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Deposit | full schema | full schema | full schema |
| Revenue | €15.51M | €21.89M | €23.02M |
| EBITDA | €1.72M | €2.59M | €1.77M |
| Net profit | €1.76M | €2.62M | €948k |
| Cash flow | €1.94M | €2.87M | €1.28M |
| Staff costs | €1.44M | €1.35M | €1.58M |
| Income taxes | €214k | €582k | €349k |
| Dividends | €1.00M | - | - |
| Total assets | €27.38M | €24.48M | €29.05M |
| Equity | €11.86M | €11.09M | €8.47M |
| Debt | €15.50M | €13.35M | €20.54M |
| of which ≤ 1y | €11.86M | €9.66M | €18.29M |
| of which > 1y | - | - | - |
| Working capital | €11.02M | €10.06M | €5.83M |
| Employees (FTE) | 21.3 | 21.2 | 22.8 |
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 1.93 | 2.04 | 1.32 |
| Quick ratio | 1.66 | 1.80 | 1.17 |
| Working capital ratio | 40.3% | 41.1% | 20.1% |
| Solvency | 43.3% | 45.3% | 29.2% |
| Debt / equity | 1.31 | 1.20 | 2.42 |
| Long-term debt ratio | - | - | - |
| Interest coverage | 1.91 | 17257112.33 | 234.51 |
| Gross margin | 35.5% | 33.3% | 26.2% |
| Net margin | 11.4% | 12.0% | 4.1% |
| ROA | 6.4% | 10.7% | 3.3% |
| ROE | 14.9% | 23.6% | 11.2% |
| EBITDA margin | 11.1% | 11.8% | 7.7% |
| Days sales outstanding | 324d | 248d | 249d |
| Days payable outstanding | 174d | 113d | 162d |
| Inventory turnover | 3.08 | 6.35 | 6.42 |
| Days inventory (DSI) | 119d | 58d | 57d |
Full annual accounts (26 line items)
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €27.38M | €24.48M | €29.05M |
| Fixed assets | 21/28 | €4.50M | €4.76M | €4.93M |
| Intangible fixed assets | 21 | €985 | €0 | €0 |
| Tangible fixed assets | 22/27 | €969k | €1.23M | €1.42M |
| Financial fixed assets | 28 | €3.53M | €3.53M | €3.52M |
| Current assets | 29/58 | €22.88M | €19.72M | €24.12M |
| Stocks & contracts in progress | 3 | €3.25M | €2.30M | €2.65M |
| Amounts receivable within one year | 40/41 | €13.89M | €14.94M | €18.13M |
| Cash & bank | 54/58 | €5.17M | €1.62M | €1.10M |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €27.38M | €24.48M | €29.05M |
| Equity | 10/15 | €11.86M | €11.09M | €8.47M |
| Contributions / capital | 10/11 | €600k | €600k | €600k |
| Reserves | 13 | €774k | €757k | €741k |
| Accumulated profits (losses) | 14 | €8.22M | €7.45M | €4.82M |
| Provisions & deferred taxes | 16 | €28k | €31k | €35k |
| Amounts payable | 17/49 | €15.50M | €13.35M | €20.54M |
| Amounts payable within one year | 42/48 | €11.86M | €9.66M | €18.29M |
| Trade debts payable within one year | 44 | €4.76M | €4.50M | €7.55M |
| Income statement | ||||
| Turnover | 70 | €15.51M | €21.89M | €23.02M |
| Operating result | 9901 | €1.54M | €2.35M | €1.44M |
| Financial income | 75 | €1.33M | €1.19M | €253k |
| Financial charges | 65 | €903k | €361k | €405k |
| Result before taxes | 9903 | €1.97M | €3.20M | €1.29M |
| Income taxes | 67/77 | €214k | €582k | €349k |
| Net result for the period | 9904 | €1.76M | €2.62M | €948k |
| Result to be appropriated | 9905 | €1.77M | €2.63M | €954k |
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Nicolas TARDIEUManaging directorState Gazette act 22148309 (15-12-2022)Current24-05-2018 → present
3 events
- 15-12-2022 Appointed· Managing director
- 24-05-2018 Appointed· Director
- 24-05-2018 Appointed· Managing director
-
Farshan SHABBIRDirectorState Gazette act 22148309 (15-12-2022)Current14-09-2015 → present
2 events
- 15-12-2022 Appointed· Director
- 14-09-2015 Appointed· Director
-
Robert PETERDirectorState Gazette act 22148309 (15-12-2022)Current14-09-2015 → present
2 events
- 15-12-2022 Appointed· Director
- 14-09-2015 Appointed· Director
Historic, not recently confirmed (2)
-
BDO Reviseurs d'EntreprisesAuditorState Gazette act 19067604 (20-05-2019)Not recently confirmedlast confirmed in an act from 2019
-
DELOITTE Réviseurs d'EntreprisesAuditorState Gazette act 15055868 (17-04-2015)Not recently confirmedlast confirmed in an act from 2015
Former directors (1)
-
Rudolf MECSManaging directorState Gazette act 15129557 (14-09-2015)Former14-09-2015 → 24-05-2018
3 events
- 24-05-2018 Resigned· Director
- 24-05-2018 Resigned· Managing director
- 14-09-2015 Appointed· Managing director
| BDO Reviseurs d'EntreprisesCurrent Commissaire | 15-12-2022 → present |
Show 1 earlier auditors
| Luc Van Copenolle Commissaire succeeded by BDO Reviseurs d'Entreprises in 2022 | 14-09-2015 → 15-12-2022 |
| NACE primary | Retail sale of electrical household appliances(47540) |
| Legal form | Public limited company(014) |
| Incorporation | 05-01-1990 |
| Status | Active |
| Postal code | 1130 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21821B0001/00M003 | Brussels | 4,393 m² | 1 · 1,761 m² | 12.8 m · 2 fl. |
We know of 13 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
20-09-2024 Change in the board of directors
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}09-08-2024 Registered office established in Haeren
- 1130 Haeren (Bruxelles) Houtweg 7 boîte 1
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}15-12-2022 4 directors appointed
- BDO Reviseurs d'Entreprises, Commissaire
- Nicolas TARDIEU, Gedelegeerd bestuurder
- Robert PETER, Bestuurder
- Farshan SHABBIR, Bestuurder
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}20-05-2019 BDO Reviseurs d'Entreprises appointed as auditor
- BDO Reviseurs d'Entreprises, Auditor
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}18-01-2019 Change in the board of directors
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}24-05-2018 2 directors appointed, 2 resigning
- Nicolas TARDIEU, Bestuurder
- Nicolas TARDIEU, Gedelegeerd bestuurder
- Rudolf MECS, Bestuurder
- Rudolf MECS, Gedelegeerd bestuurder
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}14-09-2015 4 directors appointed
- Rudolf MECS, Gedelegeerd bestuurder
- Robert PETER, Bestuurder
- Farshan SHABBIR, Bestuurder
- Luc Van Copenolle, Commissaire
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}17-04-2015 DELOITTE Réviseurs d'Entreprises appointed as auditor
- DELOITTE Réviseurs d'Entreprises, Auditor
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}09-03-2009 Articles of association amended
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}| Legal nameNL | STUDIOTECH |