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LeGrow.Studio

Active
Drukpersstraat 4 ·1000 Brussel, Belgium
Open bankruptcy
KBO/BCE: BE 0767.984.137
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Age5 yrs
Board4
Staff (FTE)4
Connections16
Real estate4 parcels · 8,778 m²

Summary

Conclusion

the dossier summarised in one paragraph

A bankruptcy procedure is open for LeGrow.Studio according to publications in the Belgian State Gazette. The file additionally contains 2 judicial reorganisations. The 2024 annual accounts show negative equity (€-537k) and a net result of €-657k.

Based on the State Gazette, CBE and 4 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Insolvency timeline

3 events
08-05-2026
Bankruptcy Opening
Date: 20-04-2026 · Tribunal de l’entreprise francophone de Bruxelles · SC LEGROW.STUDIO RUE DE LA PRESSE 4, 1000 BRUXELLES · Publications in State Gazette ↗
16-12-2025
Judicial reorganisation Extension
Date: 09-12-2025 · Tribunal de l’entreprise francophone de Bruxelles · collectif · Publications in State Gazette ↗
11-09-2025
Judicial reorganisation Opening
Date: 25-08-2025 · Tribunal de l’entreprise francophone de Bruxelles · collectif · Publications in State Gazette ↗

Signals

1 signal · with evidence
Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts

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
KBO register: special legal situation
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags

No administrative flags

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-657k-144.1%
Working capital€-766k-170.3%
Directors1

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 29-08-2025 with the NBB · fiscal year 2024 · micro
€-800k€-600k€-400k€-200k€0Operating result 2021: €-26k€-26kNet result 2021: €-26k€-26kOperating result 2022: €-26€-26Net result 2022: €-126€-126Operating result 2023: €-261k€-261kNet result 2023: €-269k€-269kOperating result 2024: €-619k€-619kNet result 2024: €-657k€-657k2021202220232024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 59 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -69.2% 47.2%
better than 9% of 508 sector peers
Net result €-657k €9k
better than 5% of 511 sector peers
Equity €-537k €27k
better than 5% of 510 sector peers
Gross operating margin €-440k €24k
better than 5% of 509 sector peers
Staff costs €30k €25k
higher than 55% of 70 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 P9
2021: P10 · n=1312022: P9 · n=2692023: P21 · n=3952024: P9 · n=5082021 2024
Stable position over 2021-2024 · n=131-508
Net result P5
2021: P5 · n=1322022: P26 · n=2702023: P5 · n=3942024: P5 · n=5112021 2024
Stable position over 2021-2024 · n=132-511
Equity P5
2021: P8 · n=1322022: P7 · n=2702023: P85 · n=3952024: P5 · n=5102021 2024
Stable position over 2021-2024 · n=132-510
Gross operating margin P5
2021: P5 · n=1322022: P33 · n=2702023: P5 · n=3942024: P5 · n=5092021 2024
Stable position over 2021-2024 · n=132-509
Describes the position versus peers, not a forecast.
EBITDA
€-533k
-137.7% 21-24
Net profit
€-657k
-144.1% 21-24
Cash flow
€-572k
-145.6% 21-24
Total assets
€777k
-23.9% 21-24
Equity
€-537k
- 21-24
Working capital
€-766k
-170.3% 21-24
Employees (FTE)
4
- 21-24
Staff costs
€30k
+129.5% 21-24
Debt
€1.31M
+40.1% 21-24
Debt ≤ 1y
€882k
+69.9% 21-24
Debt > 1y
€432k
+3.2% 21-24
Current ratio
0.13
-71.0% 21-24
Quick ratio
0.13
-71.0% 21-24
Solvency
-69.2%
- 21-24
Debt / equity
-2.44
- 21-24
ROE
122.2%
- 21-24
ROA
-84.6%
-220.8% 21-24
Interest coverage
-13.87
+48.2% 21-24
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€-533k
Net profit€-657k
Cash flow€-572k
Staff costs€30k
Income taxes-
Dividends-
Total assets€777k
Equity€-537k
Debt€1.31M
of which ≤ 1y€882k
of which > 1y€432k
Working capital€-766k
Employees (FTE)4.0
Ratios (computed)
2024
Current ratio0.13
Quick ratio0.13
Working capital ratio-98.6%
Solvency-69.2%
Debt / equity-2.44
Long-term debt ratio-0.80
Interest coverage-13.87
Gross margin-
Net margin-
ROA-84.6%
ROE122.2%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€777k
Fixed assets 21/28€660k
Intangible fixed assets 21€11k
Tangible fixed assets 22/27€644k
Financial fixed assets 28€6k
Current assets 29/58€116k
Amounts receivable within one year 40/41€68k
Cash & bank 54/58€7k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€777k
Equity 10/15€-537k
Contributions / capital 10/11€414k
Accumulated profits (losses) 14€-952k
Amounts payable 17/49€1.31M
Amounts payable after one year 17€432k
Amounts payable within one year 42/48€882k
Trade debts payable within one year 44€446k
Income statement
Gross operating margin 9900€-440k
Operating result 9901€-619k
Financial income 75€183
Financial charges 65€38k
Result before taxes 9903€-657k
Net result for the period 9904€-657k
Result to be appropriated 9905€-657k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
0 / 100 Critical
050100

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

See plans →
Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Directors

Directors & mandates

7 directors
Current directors & mandates
  • Yan Pierre le Luyer
    Managing director
    State Gazette act 25142231 (07-11-2025)
    Current
    07-11-2025 → present
  • LE LUYER Jan-Pierre
    Director
    State Gazette act 23338513 (26-04-2023)
    Current
    26-04-2023 → present
  • MARTIN Pierre
    Director
    State Gazette act 23338513 (26-04-2023)
    Current
    26-04-2023 → present
  • STEVENS Léandre
    Director
    State Gazette act 23338513 (26-04-2023)
    Current
    26-04-2023 → present
    2 events
    • 26-04-2023 Resigned· Director
    • 26-04-2023 Appointed· Director
Former directors (3)
  • Antoine SOTTIAUX
    Director
    State Gazette act 23338513 (26-04-2023)
    Former
    26-04-2023 → 11-06-2025
    3 events
    • 11-06-2025 Resigned· Director
    • 26-04-2023 Appointed· Director
    • 26-04-2023 Resigned· Director
  • Gwenaël Odongui-Bonnard
    Director
    State Gazette act 25142231 (07-11-2025)
    Former
    - → 11-06-2025
  • Maxime MEUNIER
    Director
    State Gazette act 23338513 (26-04-2023)
    Former
    26-04-2023 → 11-06-2025
    3 events
    • 11-06-2025 Resigned· Director
    • 26-04-2023 Appointed· Director
    • 26-04-2023 Resigned· Director
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Insolvency mandates

1 mandate
Role Name Tenure Source
Curator VIRGINIE SALTEUR
AVENUE DU CENTENAIRE 120, 1400 NIVELLES
 20-04-2026 → present Belgian State Gazette

Legal Structure

NACE primary Productie van video en film, muv bioscoop- en televisiefilms(59113)
Legal form Cooperative company(706)
Incorporation07-05-2021
StatusActive
Postal code1000
First BS signal 11-09-2025
Latest BS signal 08-05-2026

Structure & network

Connections & network

16 connected companies
Galerie L'escalade, 2 shared directors GLGalerieL'escaladeAMARE, Shared address AAMAREAntares Belgium Property, Shared address ABAntaresBelgium …pertyAssociation pour la Formation des Enseignants en Europe - Association for Teacher Education in Europe, Shared address APAssociationpour la …uropeConcord CM Belgium, Shared address CCConcord CMBelgiumCONFEDERATION INTERNATIONALE DES BANQUES POPULAIRES, Shared address CICONFEDERATIONINTERNAT…AIRESDI ALL SERVICES, Shared address DADI ALLSERVICESEl Al Israël Airlines Limited, Shared address EAEl Al IsraëlAirlines…mitedInternational Association of Accountants and Auditors, Shared address IAInternationalAssociat…itorsMICHAEL CULTURE, Shared address MCMICHAELCULTUREPROFESSIONAL BEAUTY SERVICES, Shared address PBPROFESSIONALBEAUTY S…VICESPropCo Koning Albert II-laan 44, Shared address PKPropCo KoningAlbert I…an 44RICAN, Shared address RRICANSENIOR QUALITY SERVICES, Shared address SQSENIOR QUALITYSERVICESLeGrow.Studio LeGrow.…udio0767.984.137
Shared directorsShared address / shareholder
Network connections
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Company structure: linked entities

1 linked entity
LeGrow.StudioBE 0767.984.137VIRGINIE SALTEURReceiver
Mandates

Locations & real estate

Establishment units

3 locations
Diamantlaan 43, 1030 Schaarbeek
Handelsbemiddeling in audio- en videoapparatuur, fotografische en cinematografische apparaten en optische artikelen
since 20212.327.218.357
Adolphe Lavalléestraat 39, 1080 Sint-Jans-Molenbeek
Handelsbemiddeling in audio- en videoapparatuur, fotografische en cinematografische apparaten en optische artikelen
since 20232.342.478.140
LeGrow.Studio
Arnaud Fraiteurlaan 15/23, 1050 ElseneHandelsbemiddeling in audio- en videoapparatuur, fotografische en cinematografische apparaten en optische artikelen
since 20232.350.152.028
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels4
Ground area8,778 m²
Buildings4
Building footprint2,355 m²
Volume (LiDAR)36,278 m³
Tallest building28.5 m · ±8 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 4 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21446F0030/00A000 Brussels 7,406 m² 1 · 1,655 m² 28.5 m · 6 fl.
21012A0209/00W004 Brussels 1,144 m² 1 · 509 m² 9.9 m · 2 fl.
21905C0072/00N000 Brussels 128 m² 1 · 91 m² 16.8 m · 5 fl.
21803C0244/00A002 Brussels 100 m² 1 · 99 m² 23.6 m · 8 fl.
Methodology
via registered seat: 1 · via establishment units: 3
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

3 events from the State Gazette
08-05-2026
Bankruptcy Opening
Date: 20-04-2026 · Tribunal de l’entreprise francophone de Bruxelles · SC LEGROW.STUDIO RUE DE LA PRESSE 4, 1000 BRUXELLES · Publications in State Gazette ↗
16-12-2025
Judicial reorganisation Extension
Date: 09-12-2025 · Tribunal de l’entreprise francophone de Bruxelles · collectif · Publications in State Gazette ↗
11-09-2025
Judicial reorganisation Opening
Date: 25-08-2025 · Tribunal de l’entreprise francophone de Bruxelles · collectif · Publications in State Gazette ↗

Time machine: BS events + macro context

2021-2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-09-11 · Judicial reorganisation · Opening2025-12-16 · Judicial reorganisation · Extension2026-05-08 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Belgisch Staatsblad · acts

3 acts
Address history · 1
26-04-2023
v3.2
All acts · 3 updated 9 months ago
2025
07-11-2025 1 director appointed, 3 resigning Director changes
  • Yan Pierre le Luyer, Gedelegeerd bestuurder
  • Maxime Meunier, Bestuurder
  • Antoine Sottiaux, Bestuurder
  • Gwenaël Odongui-Bonnard, Bestuurder
Summary: v3.2
2023
26-04-2023 Registered office moved Registered-office change
Summary: v3.2
2021
11-05-2021 Incorporation of a new SRL Incorporation
Summary: oprichting

Analysis

Snowflake analysis

financial profile on 5 axes
Health0Profitability100Solvency33Growth32Stability0
33 / 100

Fragile profile, watch health in particular.

Health 0
Profitability 100
Solvency 33
Growth 32
Stability 0

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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
Productie van films, m.u.v. bioscoop- en televisiefilms59113Productie van video en film, muv bioscoop- en televisiefilms59113Activiteiten van fotografen, met uitzondering van persfotografen74201Activiteiten van fotografen, met uitzondering van persfotografen74201
Primary activity highlighted.
Names & trade names
Legal nameFR LeGrow.Studio
Registered office
Drukpersstraat 4
1000 Brussel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.