AGRAFF STUDIOS
Open bankruptcyA bankruptcy procedure is open for AGRAFF STUDIOS according to publications in the Belgian State Gazette; curator: JEROME HENRI.
Summary
The file additionally contains 1 administrative flag. The 2024 annual accounts show negative equity (€-30k) and a net result of €-5k.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-30k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
86 d late
2022
29 d late
2021
57 d late
2020
47 d late
2019
49 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2024, micro schema
Equity
€-30k▼ 20.2%
2023 · €-25k
2018: €8k
2019: €-11k
2020: €-23k
2021: €-20k
2022: €-7k
2023: €-25k
2018 → 2024
Total assets
€11k▼ 25.7%
2023 · €15k
2018: €21k
2019: €39k
2020: €23k
2021: €25k
2022: €22k
2023: €15k
2018 → 2024
Net result
€-5k▲ 71.2%
2023 · €-17k
2018: €805
2019: €-19k
2020: €-12k
2021: €3k
2022: €13k
2023: €-17k
2018 → 2024
Working capital
€-33k▼ 4.6%
2023 · €-31k
2018: €3k
2019: €-15k
2020: €-27k
2021: €-26k
2022: €-19k
2023: €-31k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-23k-€-20k▲ 11.8%€-7k▲ 62.8%€-25k▼ 232%€-30k▼ 20.2%
Operating result€-11k-€4k€17k▲ 299%€-16k€-4k▲ 74.7%
Net result€-12k-€3k€13k▲ 370%€-17k€-5k▲ 71.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2024 against €16k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €11k
Fixed assets
€3k ▼ 54.0%
Current assets
€8k ▼ 4.4%
Key figures and ratios
EBITDA
€-538▲
2023 · €-6k
Cash flow
€-1k▲
2023 · €-7k
Solvency
-261.4%▼
2023 · -161.5%
Current ratio
0.20▼
2023 · 0.22
Debt to equity
-1.38▲
2023 · -1.62
ROA
-43.8%▲
2023 · -112.9%
Interest coverage
-0.60▲
2023 · -6.30
Debt
€41k▲
2023 · €40k
Debt ≤ 1 year
€41k▲
2023 · €40k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 37 lines
Balance sheet
Code20232024
Assets
Total assets20/58€15k€11k▼
Fixed assets21/28€7k€3k▼
Tangible fixed assets22/27€6k€2k▼
Plant, machinery and equipment23€6k€2k▼
Financial fixed assets28€848€848=
Current assets29/58€9k€8k▼
Amounts receivable within one year40/41€7k€7k=
Trade receivables40€7k€7k=
Cash at bank and in hand54/58€1k€1k=
Deferred charges and accrued income490/1€388-
Equity and liabilities
Total equity and liabilities10/49€15k€11k▼
Equity10/15€-25k€-30k▼
Contributions10/11€6k€6k=
Reserves13€250€250=
Non-distributable reserves130/1€250€250=
Reserves not available under the articles1311€250€250=
Profit (loss) carried forward14€-31k€-36k▼
Amounts payable17/49€40k€41k▲
Amounts payable within one year42/48€40k€41k▲
Current portion of amounts payable after more than one year42€3k€3k=
Trade debts44€8k€8k=
Suppliers440/4€8k€8k=
Taxes, remuneration and social security45€10k€11k▲
Taxes450/3€10k€11k▲
Other amounts payable47/48€19k€19k=
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€4k▼
Other operating charges640/8€3k€150▼
Gross operating margin9900€-3k€-388▲
Operating profit (loss)9901€-16k€-4k▲
Financial charges65/66B€957€895▼
Recurring financial charges65€957€895▼
Profit (loss) for the period before taxes9903€-17k€-5k▲
Income taxes67/77€156-
Profit (loss) for the period9904€-17k€-5k▲
Profit (loss) for the period to be appropriated9905€-17k€-5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-31k€-36k▼
Profit (loss) brought forward from the previous period14P€-14k€-31k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-10
KBO administration
Address struck
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
22-09
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 15-09-2025
2024
25-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 86 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Highest result since 2018net €13k ▲370%
Operating result €17k, net result €13k, both a record.
26-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 57 days late
2021
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
16-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 47 days late
2020
18-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 49 days late
2019
31-12
Financial
Weakest financial yearnet €-19k
Net result drops to €-19k, the lowest in the series.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
14-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 14 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Anderlecht · 1 establishment unit since 2015
Ground area
189 m²
Building footprint
169 m²
Volume, LiDAR
1,202 m³
Parcel 21308H0686/00P003, Brussels · tallest building 13.4 m, ±1 floor. Linked by address, not a title deed.
40
companies at this address
See who is registered here
1 establishment unit
AGRAFF STUDIOS
since 20152.244.445.782
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21308H0686/00P003 | Brussels | 189 m² | 1 · 169 m² | 13.4 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JEROME HENRI AVENUE ROGER VANDEN-
DRIESSCHE 18, 1150 WOLUWE-SAINT-PIERRE- curateur@bazacle-
solon.eu |
15-09-2025 → present |
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Of 6,295 companies in sector 74120 we hold annual accounts for 1,011. 675 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded13-08-2015
Fiscal year end31-12
Activities, NACEBEL 2025
74120Graphic design and visual communication
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.