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YOR STUDIO

Active
Private limited companyfounded 2020active for 5 yearsKrikelshoutstraat 30, 3511 Hasselt, BelgiumKBO/BCE: BE 0757.586.826
Summary

The computed 12-month bankruptcy probability of YOR STUDIO is 6.0% (elevated). The 2024 annual accounts show negative equity (-€19,079) and a net result of -€14,149. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 18,739 sector peers (NACE 56, financial year 2024). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Full-service restaurants
NACE 56111Limited-service restaurants, excluding mobile food services NACE 56112
1 site
Size
€294,475total assets 2024
Staff
0.4 FTE
Equity
-€19,079
Loss
-€14,149
Turnover not published (micro format)
Financial health
34 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
6.0%
Structure
2025 accounts not filed, 86 days past the deadline1 of 2 deeds summarised
Why 34raises risk1 financial year not filed after the legal deadline; last filed accounts filed 85 days late; 2 of the last 3 lateFigures for financial year 2024 (filed 24-10-2025)Sector: Food and beverage service activities (NACE 56)Founded in 2020Show the evidence

Checked score

Score 2024
34 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 20% of its sector peers (NACE 56, micro)
Financial strength
Weak
Solvency 19
equity -6.5% of total assets
Liquidity 36
short-term debt 106.5% · cash 29.0%
Profitability 13
return on assets -4.8%
Bankruptcy probability, 12 months
6.0% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,756 companies, NACE 56, micro)
Last 24 months 11-2024: 4.1% 12-2024: 4.1%● unchanged vs 11-2024 01-2025: 4.1%● unchanged vs 12-2024 02-2025: 4.1%● unchanged vs 01-2025 03-2025: 4.1%● unchanged vs 02-2025lowest value 04-2025: 4.6%▲ +0.5 percentage points vs 03-2025 05-2025: 5.5%▲ +0.9 percentage points vs 04-2025 06-2025: 5.4%▼ -0.1 percentage points vs 05-2025 07-2025: 5.4%● unchanged vs 06-2025 08-2025: 6.2%▲ +0.8 percentage points vs 07-2025 09-2025: 6.4%▲ +0.2 percentage points vs 08-2025 10-2025: 8.3%▲ +1.9 percentage points vs 09-2025 11-2025: 6.0%▼ -2.3 percentage points vs 10-2025 12-2025: 6.0%● unchanged vs 11-2025 01-2026: 6.0%● unchanged vs 12-2025 02-2026: 6.1%▲ +0.1 percentage points vs 01-2026 03-2026: 6.1%● unchanged vs 02-2026 04-2026: 6.2%▲ +0.1 percentage points vs 03-2026 05-2026: 6.8%▲ +0.6 percentage points vs 04-2026 06-2026: 6.8%● unchanged vs 05-2026 07-2026: 6.8%● unchanged vs 06-2026 08-2026: 7.8%▲ +1.0 percentage point vs 07-2026 09-2026: 8.5%▲ +0.7 percentage points vs 08-2026highest value 10-2026: 6.0%▼ -2.5 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.32, below 1; short-term debt: 106.5% and cash: 29% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 56, micro): better than 23% on solvency, 31% on liquidity, 22% on profitability and 3% on growth.

The bankruptcy probability was computed on 24-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
raises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 85 days late; 2 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 24-10-2025)
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Founded in 2020
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
21222324
2021 to 2024 · latest year -€19,079
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 86 days later.
NBB · 4 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline25-10-2026 today
raises risk · 2024 accounts filed 85 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-10-2025, 85 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filings
Deviation from the deadline
2025
not filed
2024
85 days late
2023
30 days late
2022
32 days late
2021
89 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 59 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Weakest financial yearnet -€14,149
  3. Registered office · Purpose · NameRegistered-office move · Purpose change…

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 25 October 2026.

Equity
-€19,079▼ 287%
2023 · -€4,930
Total assets
€294,475▲ 340×
2023 · €867
Net result
-€14,149▼ 1,154%
2022 · -€1,128
Working capital
-€213,678▼ 4,235%
2023 · -€4,930
Trend over the years

2021 to 2024, 4 financial years

The operating result is -€13,929 in 2024, compared with -€1,003 in 2022. Comparable figures for the intervening years are unavailable.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€13,929 2024 Net result-€14,149 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.

Every figure with its change against the financial year before
favourable unfavourable
Line2021202220232024
Operating result-€6,717--€1,003▲ 85.1%-€13,929
Net result-€6,801below the sector's middle half--€1,128within the sector's middle half▲ 83.4%-€14,149below the sector's middle half
Equity-€3,801below the sector's middle half--€4,930below the sector's middle half▼ 29.7%-€4,930below the sector's middle half=-€19,079below the sector's middle half▼ 287%
Total assets€1,777below the sector's middle half-€867below the sector's middle half▼ 51.2%€867below the sector's middle half=€294,475above the sector's middle half▲ 340×
Debt€5,579-€5,796▲ 3.9%€5,796=€313,554▲ 54×
Working capital-€3,801within the sector's middle half--€4,930within the sector's middle half▼ 29.7%-€4,930within the sector's middle half=-€213,678below the sector's middle half▼ 4,235%
Solvency-6.5%below the sector's middle half
Current ratio0.32below the sector's middle half
Return on assets (ROA)-4.8%within the sector's middle half
Staff (FTE)0.4
above within below the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
Assets €294,475
Fixed assets €194,599
Current assets €99,876
Equity and liabilities
Equity-€19,079
Debt€313,554
Equity is negative: debt (€313,554) exceeds the balance-sheet total (€294,475).
Key figures and ratios
2024 value · change against 2023
EBITDA
-€10,334
Cash flow
-€10,555
Interest coverage
-46.79
Debt ≤ 1 year
€313,554▲
2023 · €5,796
Staff costs
€6,547
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,564 companies that looked in July 2024 the way this one looks now, 5.1% went bankrupt within 24 months and 88.9% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a small loss
5.1% went bankrupt
5.4% stopped otherwise
88.9% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 6.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,564 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines
Balance sheet Code20232024
Assets
Total assets20/58€867€294,475▲
Fixed assets21/28-€194,599
Tangible fixed assets22/27-€194,599
Plant, machinery and equipment23-€23,643
Furniture and vehicles24-€1,466
Other tangible fixed assets26-€169,490
Current assets29/58€867€99,876▲
Amounts receivable within one year40/41-€13,321
Trade receivables40-€921
Other amounts receivable41-€12,400
Cash at bank and in hand54/58€867€85,511▲
Deferred charges and accrued income490/1-€1,045
Equity and liabilities
Total equity and liabilities10/49€867€294,475▲
Equity10/15-€4,930-€19,079▼
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14-€7,930-€22,079▼
Amounts payable17/49€5,796€313,554▲
Amounts payable within one year42/48€5,796€313,554▲
Trade debts44-€2,781
Suppliers440/4-€2,781
Taxes, remuneration and social security45-€5,217
Taxes450/3-€3,754
Remuneration and social security454/9-€1,464
Other amounts payable47/48€5,796€305,555▲
Income statement Code20232024
Remuneration, social security and pensions62-€6,547
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€3,594
Other operating charges640/8-€611
Gross operating margin9900--€3,176
Operating profit (loss)9901--€13,929
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B-€221
Recurring financial charges65-€221
Profit (loss) for the period before taxes9903--€14,149
Profit (loss) for the period9904--€14,149
Profit (loss) for the period to be appropriated9905--€14,149
Appropriation of the result
Profit (loss) to be appropriated9906-€7,930-€22,079▼
Profit (loss) brought forward from the previous period14P-€7,930-€7,930=

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021202220232024Change
Non-recurring operating income76A€3,165----
Remuneration, social security and pensions62---€6,547-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630---€3,594-
Other operating charges640/8-€124-€611-
Gross operating margin9900-€6,717-€879--€3,176-
Operating profit (loss)9901-€6,717-€1,003--€13,929-
Financial income75/76B---€0-
Recurring financial income75---€0-
Financial charges65/66B€85€125-€221-
Recurring financial charges65€85€125-€221-
Profit (loss) for the period before taxes9903-€6,801-€1,128--€14,149-
Profit (loss) for the period9904-€6,801-€1,128--€14,149-
Profit (loss) for the period to be appropriated9905-€6,801-€1,128--€14,149-
Line2021202220232024Change
Assets
Total assets20/58€1,777€867€867€294,475▲ 340×
Fixed assets21/28---€194,599-
Tangible fixed assets22/27---€194,599-
Plant, machinery and equipment23---€23,643-
Furniture and vehicles24---€1,466-
Other tangible fixed assets26---€169,490-
Current assets29/58€1,777€867€867€99,876▲ 115×
Amounts receivable within one year40/41---€13,321-
Trade receivables40---€921-
Other amounts receivable41---€12,400-
Cash at bank and in hand54/58€1,777€867€867€85,511▲ 99×
Deferred charges and accrued income490/1---€1,045-
Equity and liabilities
Total equity and liabilities10/49€1,777€867€867€294,475▲ 340×
Equity10/15-€3,801-€4,930-€4,930-€19,079▼ 287%
Contributions10/11€3,000€3,000€3,000€3,000=
Profit (loss) carried forward14-€6,801-€7,930-€7,930-€22,079▼ 178%
Amounts payable17/49€5,579€5,796€5,796€313,554▲ 54×
Amounts payable within one year42/48€5,579€5,796€5,796€313,554▲ 54×
Trade debts44€579€696-€2,781-
Suppliers440/4€579€696-€2,781-
Taxes, remuneration and social security45---€5,217-
Taxes450/3---€3,754-
Remuneration and social security454/9---€1,464-
Other amounts payable47/48€5,000€5,100€5,796€305,555▲ 53×
Line2021202220232024Change
Profit (loss) for the period9904-€6,801-€1,128--€14,149-
+ Depreciation and write-downs630---€3,594-
Operating cash flow (approximation)-€6,801-€1,128--€10,555-
Change in cash--€911€0€84,644-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference
31-12-2024 micro format 24-10-2025 2025-00548879
31-12-2023 micro format 30-08-2024 2024-00436644
31-12-2022 micro format 01-09-2023 2023-00408565
31-12-2021 micro format 28-10-2022 2022-20482510

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 20,120 active companies whose main activity is full-service restaurants (NACE 56111), figures are known for 11,692. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 1 of 2 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 28 October 2020, YOR STUDIO was incorporated as a private limited company.1 In 2024 the registered office moved to Hasselt.2 Total assets went from €1,777 in 2021 to €294,475 in 2024.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 15-10-2024
  3. 3National Bank, annual accounts 2021 and 2024

Acts, filings and financial milestones

2025
24-10
NBB filing Annual accounts filed
financial year 2024 · micro format · 85 days late
2024
31-12
Financial Weakest financial yearnet -€14,149
Net result drops to -€14,149, the lowest in the series.
15-10
Gazette deed Registered office · Purpose · Name
Registered-office move · Purpose change · Power of attorney6 facts ▸
  • General meeting, 04-10-2024
  • Registered-office move, 3511 Hasselt (Kuringen), Krikelshoutstraat 30
  • Other provision, “handelsbenaming”, 1 (deed in Dutch)
  • Purpose change
  • Power of attorney, Alexandra SNYERS
  • Other provision, “stemming, eenparigheid van stemmen” (deed in Dutch)
30-08
NBB filing Annual accounts filed
financial year 2023 · micro format · 30 days late
2023
01-09
NBB filing Annual accounts filed
financial year 2022 · micro format · 32 days late
2022
28-10
NBB filing Annual accounts filed
financial year 2021 · micro format · 89 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded28-10-2020
Financial year end31-12
Trade name NL GIGI's
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
82990Other business support services
93129Activities of other sports clubs
E-invoicing
Reachable via Peppol
Peppol ID 0208:0757586826
Also 9925:BE0757586826
Registered 30-09-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 25 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Sint-Truidenunit no. 2.309.323.738
1 permission
Authorisation · Eetgelegenheid · since 20-03-2025

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2020
registered office establishment The establishment unit on the map
Ground area
4,042 m²
Building footprint
3,310 m²
Building volume
27,868 m³
2 parcels, Flanders · tallest building 20.5 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
GIGI's
Stationsstraat 63, 3800 Sint-TruidenFull-service restaurants
since 2020unit no. 2.309.323.738
2 parcels
Flanders 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
71053G0307/00W003 Flanders 3,204 m² 1 · 3,143 m² 20.5 m · 2
71032A0372/00Z000 Flanders 838 m² 1 · 166 m² -
How the parcels are linked
Good to know
Both parcels match the address exactly.