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BOCO STUDIO

Active
Private limited company·Grafisch ontwerp en visuele communicatie· 7 yrs active
François Bossaertsstraat 68 ·1030 Schaarbeek, Belgium
KBO/BCE: BE 0725.581.378
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Age7 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of BOCO STUDIO is 1.0% (low). The 2025 annual accounts show equity of €16k and a net result of €93k. Equity is shrinking by ~31% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 15% of 443 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
1.0% Low
0%0,5%1,5%4%10%≥25%
Young company +Lower-failure-rate sector Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

2 signals · with evidence
Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 443 sector peers (2025).
View the sector comparison
Consistently profitable
Positive net result in the two most recent financial years (2024 and 2025).
View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

2 signals
More than 3 years active
Founded in 2019, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No administrative flags

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€93k+22.8%
Working capital€4k-88.7%

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 05-01-2026 with the NBB · fiscal year 2025 · micro
€0€50k€100kOperating result 2023: €67k€67kNet result 2023: €53k€53kOperating result 2024: €99k€99kNet result 2024: €76k€76kOperating result 2025: €120k€120kNet result 2025: €93k€93k202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining At this pace, equity would indicatively turn negative around fiscal year 2027, assuming unchanged policy.
€-25k€0€25k€50k2026: €3k (€2k - €4k)2027: €-10k (€-11k - €-9k)2028: €-23k (€-24k - €-21k)2023: €41k2024: €58k2025: €16k202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
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).

Sector comparison
Fiscal year 2025 · NACE 74 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 4.7% 53.8%
better than 15% of 443 sector peers
Net result €93k €16k
better than 93% of 443 sector peers
Equity €16k €38k
better than 31% of 443 sector peers
Gross operating margin €158k €32k
better than 92% of 443 sector peers
Staff costs €25k €35k
higher than 43% of 54 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P15
2023: P29 · n=11582024: P29 · n=14802025: P15 · n=4432023 2025
Weakening position over 2023-2025 · n=443-1480
Net result P93
2023: P87 · n=11572024: P92 · n=14822025: P93 · n=4432023 2025
Stable position over 2023-2025 · n=443-1482
Equity P31
2023: P63 · n=11592024: P69 · n=14822025: P31 · n=4432023 2025
Weakening position over 2023-2025 · n=443-1482
Gross operating margin P92
2023: P84 · n=11562024: P90 · n=14802025: P92 · n=4432023 2025
Stable position over 2023-2025 · n=443-1480
Describes the position versus peers, not a forecast.
EBITDA
€131k
+16.4% far above sector median
Net profit
€93k
+22.8% far above sector median
Cash flow
€104k
+16.0% +280% vs sector
Total assets
€336k
+40.5% +175% vs sector
Equity
€16k
-72.8% -69% vs sector
Working capital
€4k
-88.7% -92% vs sector
Staff costs
€25k
- -73% vs sector
Income taxes
€26k
+33.5% far above sector median
Dividends
€135k
+128.8% far above sector median
Debt
€320k
+76.7% far above sector median
Debt ≤ 1y
€320k
+76.7% far above sector median
Current ratio
1.01
-16.6% -83% vs sector
Quick ratio
1.01
-16.6% -83% vs sector
Solvency
4.7%
-80.7% -94% vs sector
Debt / equity
20.34
+550.4% far above sector median
ROE
590.1%
+352.2% far above sector median
ROA
27.6%
-12.6% +261% vs sector
Interest coverage
28.89
-10.9% -24% vs sector
Figures by fiscal year
Fiscal year2025
Revenue-
EBITDA€131k
Net profit€93k
Cash flow€104k
Staff costs€25k
Income taxes€26k
Dividends€135k
Total assets€336k
Equity€16k
Debt€320k
of which ≤ 1y€320k
of which > 1y-
Working capital€4k
Employees (FTE)-
Ratios (computed)
2025
Current ratio1.01
Quick ratio1.01
Working capital ratio1.3%
Solvency4.7%
Debt / equity20.34
Long-term debt ratio-
Interest coverage28.89
Gross margin-
Net margin-
ROA27.6%
ROE590.1%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€336k
Fixed assets 21/28€11k
Tangible fixed assets 22/27€11k
Financial fixed assets 28€83
Current assets 29/58€324k
Amounts receivable within one year 40/41€97k
Cash & bank 54/58€227k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€336k
Equity 10/15€16k
Contributions / capital 10/11€2k
Accumulated profits (losses) 14€14k
Amounts payable 17/49€320k
Amounts payable within one year 42/48€320k
Trade debts payable within one year 44€24
Income statement
Gross operating margin 9900€158k
Operating result 9901€120k
Financial income 75€4k
Financial charges 65€5k
Result before taxes 9903€119k
Income taxes 67/77€26k
Net result for the period 9904€93k
Result to be appropriated 9905€93k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2025 · computed
73 / 100 Healthy
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Structure & network

Locations & real estate

Establishment units

1 location
BOCO STUDIO
François Bossaertsstraat 68, 1030 SchaarbeekBewerking van digitale gegevens : verrijking, selectie en koppeling van digitale gegevens op gegevensdragers
since 20192.288.787.254
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area131 m²
Buildings1
Building footprint73 m²
Volume (LiDAR)836 m³
Tallest building16.8 m · ±4 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21906D0021/00R000 Brussels 131 m² 1 · 73 m² 16.8 m · 4 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 acts
All acts · 1 updated 2 years ago
2024
02-05-2024 2 directors appointed, 1 resigning Director changes·Benoit RICKER
  • Alexis De Bosscher-Cordemans, Bestuurder
  • Alexis De Bosscher-Cordemans, Bestuurder
  • Alexis De Bosscher-Cordemans, Zaakvoerder
Notary: Benoit RICKER · IxellesFirm: VRONINKS, RICKER, WEYTS & SACRÉ – notaires associés

Analysis

Snowflake analysis

financial profile on 5 axes
Health73Profitability100Solvency14Growth58Stability100
69 / 100

Strong profile, led by profitability.

All 5 axes are computed from data Checked has read.

Health 73
Profitability 100
Solvency 14
Growth 58
Stability 100

Ask AI about this company

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AI due-diligence brief

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Activiteiten in verband met films en video- en televisieprogramma’s na de productie59120Activiteiten van grafische designers74103Grafisch ontwerp en visuele communicatie74120Overige activiteiten van gespecialiseerde designers74109Overige gespecialiseerde ontwerpactiviteiten74140Overige fotografische activiteiten74209Overige fotografische activiteiten74209
Primary activity highlighted.
Names & trade names
Legal nameFR BOCO STUDIO
Registered office
François Bossaertsstraat 68
1030 Schaarbeek, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.