STUDIO GUSTO
ActiveSummary
STUDIO GUSTO has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €84k and a net result of €30k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 48% of 1991 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability90▲+26
Solvency72▲+20
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.35 against 2.87 in 2024; short-term debt: 15.7% and cash: 7.2% of total assets), and 53.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
46.7%
Return on assets
16.7%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €84k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
31 d late
2023
31 d late
2022
31 d late
2021
31 d late
2020
on the day
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€84k▲ 53.5%
2024 · €55k
2018: €69k
2019: €74k
2020: €75k
2021: €87k
2022: €68k
2023: €49k
2024: €55k
2018 → 2025
Total assets
€181k▼ 12.3%
2024 · €206k
2018: €306k
2019: €295k
2020: €271k
2021: €288k
2022: €268k
2023: €205k
2024: €206k
2018 → 2025
Net result
€30k▲ 370%
2024 · €6k
2018: €21k
2019: €6k
2020: €450
2021: €14k
2022: €6k
2023: €-19k
2024: €6k
2018 → 2025
Working capital
€10k▼ 62.7%
2024 · €27k
2018: €14k
2019: €5k
2020: €12k
2021: €24k
2022: €44k
2023: €10k
2024: €27k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€87k-€68k▼ 21.6%€49k▼ 27.3%€55k▲ 11.4%€84k▲ 53.5%
Operating result€23k-€16k▼ 31.4%€-15k€14k€45k▲ 224%
Net result€14k-€6k▼ 55.6%€-19k€6k€30k▲ 370%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 224% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €181k
Fixed assets
€143k ▼ 13.8%
Current assets
€38k ▼ 6.1%
Equity and liabilities €181k
Equity
€84k ▲ 53.5%
Debt
€96k ▼ 36.3%
Debt's share of the balance-sheet total falls from 73.3% to 53.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€68k▲
2024 · €36k
Cash flow
€53k▲
2024 · €28k
Current ratio
1.35▼
2024 · 2.87
Debt to equity
1.14▼
2024 · 2.75
ROE
35.8%▲
2024 · 11.7%
ROA
16.7%▲
2024 · 3.1%
Interest coverage
13.18▲
2024 · 4.93
Debt ≤ 1 year
€28k▲
2024 · €14k
Debt > 1 year
€68k▼
2024 · €137k
Income taxes
€10k▲
2024 · €203
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 · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€206k€181k▼
Fixed assets21/28€165k€143k▼
Tangible fixed assets22/27€165k€143k▼
Land and buildings22€156k€137k▼
Plant, machinery and equipment23€9k€6k▼
Current assets29/58€41k€38k▼
Amounts receivable within one year40/41€33k€24k▼
Trade receivables40€23k€17k▼
Other amounts receivable41€10k€7k▼
Cash at bank and in hand54/58€6k€13k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€206k€181k▼
Equity10/15€55k€84k▲
Contributions10/11€19k€19k=
Reserves13€49k€66k▲
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€48k€66k▲
Profit (loss) carried forward14€-13k-
Amounts payable17/49€151k€96k▼
Amounts payable after more than one year17€137k€68k▼
Financial debts170/4€137k€68k▼
Amounts payable within one year42/48€14k€28k▲
Current portion of amounts payable after more than one year42€11k€11k▲
Financial debts43€89€90▲
Credit institutions430/8€89€90▲
Trade debts44€422€7k▲
Suppliers440/4€422€7k▲
Taxes, remuneration and social security45€3k€10k▲
Taxes450/3€3k€10k▲
Other amounts payable47/48-€82
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€23k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€39k€70k▲
Operating profit (loss)9901€14k€45k▲
Financial charges65/66B€7k€5k▼
Recurring financial charges65€7k€5k▼
Profit (loss) for the period before taxes9903€7k€40k▲
Income taxes67/77€203€10k▲
Profit (loss) for the period9904€6k€30k▲
Profit (loss) for the period to be appropriated9905€6k€30k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-12k€17k▲
Profit (loss) brought forward from the previous period14P€-19k€-13k▲
Transfer from equity791/2-€600
Transfer to equity691/2-€17k
To other reserves6921-€17k
Profit to be distributed694/7€833€833=
Return on contributions (dividend)694€833€833=
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €30k ▲370%
Operating result €45k, net result €30k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Weakest financial yearnet €-19k
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Gent · 1 establishment unit since 2011
Ground area
271 m²
Parcel 44362B0297/00S013, Flanders. Linked by address, not a title deed.
1 establishment unit
STUDIO GUSTO
since 20112.198.296.944
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44362B0297/00S013 | Flanders | 271 m² | - | - |
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.
Similar companies · same sector, comparable size
Studio Stevens
BE 0845.411.913
Merchtem · Eq €84,465
THEATERTAINMENT
BE 0827.467.408
Antwerpen · Eq €84,873
VERHOFSTEDE & PARTNERS
BE 0463.918.039
Kapellen · Eq €84,096
Miru
BE 1008.852.854
Hechtel-Eksel · Eq €84,989
LAUNDRY DAY
BE 0873.679.691
Antwerpen · Eq €85,152
Of 3,523 companies in sector 90391 we hold annual accounts for 681. 523 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
Founded01-04-2011
Fiscal year end31-12
Activities, NACEBEL 2025
90391Promotion and organisation of arts and performing arts events
77392Rental and leasing activities
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.