Equity
studiov2 paid out €9,100 in dividends. That is 187% of the 2025 profit.
studiov2 paid out €9,100 in dividends. That is 187% of the 2025 profit.
Of this, €46,396 falls due within a year.
Green is investment, beige is depreciation.
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 62, micro). It does better than 27% of them on solvency, 48% on liquidity, 37% on profitability and 26% on growth.
The bankruptcy probability was computed on 09-11-2026 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 30-09-2025.
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).
In July 2024, 6,713 companies had the same profile as studiov2 has now. Each dot stands for 17 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of studiov2 itself is lower: < 0.1% within 12 months. It rests on far more data about studiov2 than the profile alone.
The method was tested on the 497,447 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 6,713 companies, not a prediction for studiov2. 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.
Liquidity is tight, with a current ratio of 1.41 (1.57 in 2024), below the usual 1.5. Short-term debt is 66.6% and cash 47.9% of total assets. 72.9% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 61 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| studiov2 Deinze | €69,624 | €9,508 | 27.1% | - |
| Advocatenkantoor DINET Olivier Ghent | €66,721 | €9,141 | 25.5% | - |
| INDISUM Liège | €61,765 | €9,338 | 45.6% | - |
| Triple IQ Huldenberg | €76,818 | €8,506 | 74.5% | - |
| YSIO Esneux | €80,345 | €9,000 | 75.4% | - |
| DIOGENO Braine-le-Comte | €76,922 | €10,842 | 23.9% | - |
| Lavia Solutions Ghent | €53,381 | €11,721 | -119.0% | - |
These companies have the same main activity as studiov2: computer programming (NACE 62100). They are comparable in size and age: total assets between €53,400 and €80,300, founded between 2016 and 2019.
studiov2 files the micro format. That format states no turnover. The gross margin rose from €1,810 in 2018 to €9,508 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €52,000. Estimated: probably between €27,000 and €99,000.
Higher than 25% of 21,208 companies in 2025.
Higher than 31% of 20,571 companies in 2025.
Higher than 29% of 20,746 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
69,624 | 77,309 | 89,948 | 38,938 | 47,830 | 61,471 | 43,844 | 25,400 | |
21/28 |
4,293 | - | 527 | 1,794 | 3,061 | 1,485 | 2,970 | - | |
22/27 |
4,293 | - | 527 | 1,794 | 3,061 | 1,485 | 2,970 | - | |
23 |
- | - | 527 | 1,794 | 3,061 | 1,485 | 2,970 | - | |
24 |
4,293 | - | - | - | - | - | - | - | |
29/58 |
65,332 | 77,309 | 89,420 | 37,144 | 44,770 | 59,986 | 40,874 | 25,400 | |
40/41 |
30,597 | 23,257 | 40,084 | 11,481 | 11,351 | 12,420 | 5,191 | 13,137 | |
40 |
30,069 | 23,156 | 35,573 | 8,015 | 9,200 | 9,785 | - | 10,977 | |
41 |
527 | 100 | 4,511 | 3,466 | 2,152 | 2,634 | 5,191 | 2,160 | |
54/58 |
33,365 | 52,795 | 48,139 | 24,861 | 33,078 | 47,226 | 35,524 | 12,263 | |
490/1 |
1,370 | 1,257 | 1,197 | 802 | 340 | 340 | 159 | - | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
69,624 | 77,309 | 89,948 | 38,938 | 47,830 | 61,471 | 43,844 | 25,400 | |
10/15 |
18,892 | 23,123 | 21,565 | 21,259 | 20,897 | 19,435 | 10,287 | 6,336 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | 12,400 | 12,400 | 12,400 | |
11 |
- | - | - | - | 6,200 | - | - | - | |
1109/19 |
- | - | - | - | 6,200 | - | - | - | |
13 |
11,870 | 16,110 | 14,560 | 14,560 | 14,560 | 13,100 | 4,000 | 100 | |
130/1 |
- | - | 300 | 300 | 300 | 300 | - | - | |
130 |
- | - | - | - | - | 300 | 300 | 100 | |
1311 |
- | - | 300 | 300 | 300 | - | - | - | |
133 |
11,870 | 16,110 | 14,260 | 14,260 | 14,260 | 12,800 | 3,700 | - | |
14 |
822 | 813 | 805 | 499 | 137 | 135 | 87 | 36 | |
17/49 |
50,732 | 54,186 | 68,382 | 17,679 | 26,934 | 42,035 | 33,557 | 19,064 | |
42/48 |
46,396 | 49,390 | 64,171 | 15,923 | 26,934 | 38,760 | 30,281 | 17,257 | |
44 |
30,539 | 37,587 | 59,691 | 12,507 | 23,134 | 33,234 | 26,484 | 17,197 | |
440/4 |
30,539 | 37,587 | 59,691 | 12,507 | 23,134 | 33,234 | 26,484 | 17,197 | |
45 |
2,175 | 3,801 | - | 48 | - | 3,741 | 2,477 | 60 | |
450/3 |
2,175 | 3,801 | - | 48 | - | 3,741 | 2,477 | 60 | |
47/48 |
13,682 | 8,003 | 4,480 | 3,368 | 3,800 | 1,784 | 1,320 | - | |
492/3 |
4,337 | 4,796 | 4,211 | 1,756 | - | 3,276 | 3,276 | 1,807 | |
| Income statement | |||||||||
9900 |
9,508 | 9,468 | 2,854 | 2,360 | 4,233 | 14,932 | 8,482 | 1,810 | |
630 |
1,532 | 527 | 1,267 | 1,267 | 2,224 | 1,485 | 1,485 | 715 | |
640/8 |
531 | 525 | 479 | 122 | 468 | 467 | 480 | 831 | |
9901 |
7,444 | 8,415 | 1,108 | 971 | 1,541 | 12,981 | 6,517 | 263 | |
65/66B |
102 | 317 | 343 | 275 | 127 | 91 | 89 | 68 | |
65 |
102 | 317 | 343 | 275 | 127 | 91 | 89 | 68 | |
9903 |
7,342 | 8,098 | 765 | 696 | 1,414 | 12,890 | 6,428 | 196 | |
67/77 |
2,473 | 2,840 | 459 | 334 | -48 | 3,741 | 2,477 | 60 | |
9904 |
4,869 | 5,257 | 306 | 362 | 1,461 | 9,148 | 3,951 | 136 | |
9905 |
4,869 | 5,257 | 306 | 362 | 1,461 | 9,148 | 3,951 | 136 | |
| Appropriation of the result | |||||||||
9906 |
5,682 | 6,063 | 805 | 499 | 1,597 | 9,235 | 3,987 | 136 | |
14P |
813 | 805 | 499 | 137 | - | - | - | - | |
791/2 |
9,100 | 3,700 | - | - | - | - | - | - | |
691/2 |
4,860 | 5,250 | - | - | 1,460 | 9,100 | 3,900 | 100 | |
6920 |
- | - | - | - | - | - | 200 | 100 | |
6921 |
4,860 | 5,250 | - | - | 1,460 | 9,100 | 3,700 | - | |
694/7 |
9,100 | 3,700 | - | - | - | - | - | - | |
694 |
9,100 | 3,700 | - | - | - | - | - | - | |
| Document | |||||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 04-03-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 04-03-2026 | 2026-00048540 | |
| 30-09-2024 | micro format | 24-02-2025 | 2025-00038501 | |
| 30-09-2023 | micro format | 26-02-2024 | 2024-00035997 | |
| 30-09-2022 | micro format | 27-02-2023 | 2023-00031826 | |
| 30-09-2021 | micro format | 28-02-2022 | 2022-06600111 | |
| 30-09-2020 | micro format | 01-03-2021 | 2021-06500196 | |
| 30-09-2019 | micro format | 03-03-2020 | 2020-06100244 | |
| 30-09-2018 | micro format | 25-02-2019 | 2019-05700311 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| 8,976 | 8,943 | 2,375 | 2,238 | 3,765 | 14,466 | 8,002 | 978 | ||
| 6,401 | 5,785 | 1,573 | 1,629 | 3,686 | 10,633 | 5,436 | 851 | ||
| 5,825 | 0 | 0 | 0 | 3,800 | 0 | 4,455 | - | ||
| -19,430 | 4,656 | 23,278 | -8,217 | -14,148 | 11,702 | 23,261 | - | ||
| 18,936 | 27,918 | 25,249 | 21,221 | 17,836 | 21,226 | 10,593 | 8,143 | ||
| 27.1% | 29.9% | 24.0% | 54.6% | 43.7% | 31.6% | 23.5% | 24.9% | ||
| 1.41 | 1.57 | 1.39 | 2.33 | 1.66 | 1.55 | 1.35 | 1.47 | ||
| 2.69 | 2.34 | 3.17 | 0.83 | 1.29 | 2.16 | 3.26 | 3.01 | ||
| 25.8% | 22.7% | 1.4% | 1.7% | 7.0% | 47.1% | 38.4% | 2.1% | ||
| 7.0% | 6.8% | 0.3% | 0.9% | 3.1% | 14.9% | 9.0% | 0.5% | ||
| 87.70 | 28.17 | 6.93 | 8.14 | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €5,825 | - | - | - |
| €1,532 | €527 | €1,267 | €1,267 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 12% lower than in 2024.
Debt's share of the balance-sheet total rises from 70.1% to 72.9%. Equity and debt are lower.
studiov2 has no parent and no holdings in its annual accounts. studiov2 shares no director with another company.
| witte schuur
registered office since 01-06-2012 · founded in 2012 |
total assets €110,930 (2026) 0846.229.879 |
Deadline for the 2026 accounts: 30-04-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Leeuwstraat 18 registered office 9800 Deinze | 16-11-2017 | 2.270.057.445 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44078A0197/00N000 | 3,129 m² | 1 · 354 m² | 10.7 m · 2 |
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