Financials
- Financial year
- 2025
- Total assets
- €34,112
- Profit
- €3,280
- Solvency
- 18.4%
Studio Ninefold
ActiveSummary
Studio Ninefold has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6,280 and a net result of €3,280. Its solvency ranks better than 26% of 4,298 sector peers (NACE 74, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Activity
Photography, excluding press photography
NACE 74201
1 site
Size
€34,112total assets 2025
- Equity
- €6,280
- Profit
- €3,280
Turnover not published (micro format)
Structure
Accounts 28 days early
Why 89raises riskFounded in 2025lowers riskSector: Other professional, scientific and technical activities (NACE 74)Liquidity: current ratio 1.18, cash €19,821Figures for financial year 2025 (filed 03-07-2026)Show the evidence
Checked score
Score 2025
89
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 42% of its sector peers (NACE 74, micro)
Financial strength
Strong
Solvency
43
equity 18.4% of total assets
Liquidity
55
short-term debt 81.6% · cash 58.1%
Profitability
81
return on assets 9.6%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
07-2026: 0.6%highest value
08-2026: 0.2%▼ -0.4 percentage points vs 07-2026lowest value
09-2026: 0.2%● unchanged vs 08-2026lowest value
10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity tight (current ratio 1.18, below the usual 1.5; short-term debt: 81.6% and cash: 58.1% of total assets), and 81.6% of the assets are financed with debt and provisions.
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 74, micro): better than 27% on solvency, 45% on liquidity and 54% on profitability.
The bankruptcy probability was computed on 18-10-2026 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
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
28 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: JOAWN Joseph Rannjan (director)…
Key points
By topic
Timeline
- Events
- 2
- Since
- 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Photography, excluding press photographyNACE 74201
- Founded
- 30-06-2025
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 26
- Annual meeting
- Second Thursday of April at 15:00
- Purpose
- “Les activités de design graphique; La création,la production,la diffusion,la vente,la…” (deed in French)
- Statutory auditor
- No statutory auditor
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