Active BE 0797.791.247Private limited company

STUDIO NORDD

Cyriel Prieëlsstraat 237 ·9404 Ninove, Belgium· 3 yrs active

Sector: Vervaardiging van andere keramische producten (23450)

Conclusion Checked

The computed 12-month bankruptcy probability of STUDIO NORDD is 2.3% (moderate). The 2024 annual accounts show negative equity (€-3k) and a net result of €-8k. Its solvency ranks better than 7% of 114 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€-3k
Net result	€-8k
Better than sector	7%
Active	3 yrs

Financial profile 4 of 5 axes measured · computed by Checked

72 / 100

Strong profile, led by profitability.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 40

Profitability 100

Solvency 67

Growth -

Stability 79

Bankruptcy probability (12 mo) Checked model v1 · free

2.3% Moderate

0%0,5%1,5%4%10%≥25%

Young company +Annual accounts: weaker financial profile +Lower-failure-rate sector −

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

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

More than 3 years active

Founded in 2023, 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 Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2024 · computed

40 / 100 Weak

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview1 NBB filings

Annual accounts filed on 10-07-2025 with the NBB · fiscal year 2024 · micro

Sector comparison

Fiscal year 2024 · NACE 23 · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	-11.2%	37.5%	better than 7% of 114 sector peers
Net result	€-8k	€9k	better than 15% of 114 sector peers
Equity	€-3k	€31k	better than 10% of 114 sector peers
Gross operating margin	€-3k	€32k	better than 11% of 114 sector peers
Total assets	€27k	€122k	better than 11% of 114 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	€-5k
Net profit	€-8k
Cash flow	€-6k
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€27k
Equity	€-3k
Debt	€30k
of which ≤ 1y	€5k
of which > 1y	€25k
Working capital	€22k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	5.61
Quick ratio	5.61
Working capital ratio	82.2%
Solvency	-11.2%
Debt / equity	-9.90
Long-term debt ratio	-8.31
Interest coverage	-3.32
Gross margin	-
Net margin	-
ROA	-29.9%
ROE	266.2%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Full annual accounts (19 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€27k
Current assets	29/58	€27k
Amounts receivable within one year	40/41	€16k
Cash & bank	54/58	€10k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€27k
Equity	10/15	€-3k
Contributions / capital	10/11	€5k
Accumulated profits (losses)	14	€-8k
Amounts payable	17/49	€30k
Amounts payable after one year	17	€25k
Amounts payable within one year	42/48	€5k
Trade debts payable within one year	44	€922
Income statement
Gross operating margin	9900	€-3k
Operating result	9901	€-7k
Financial income	75	€150
Financial charges	65	€1k
Result before taxes	9903	€-8k
Net result for the period	9904	€-8k
Result to be appropriated	9905	€-8k

Ratios computed by Checked.

Directors & mandates 3 directors

Current directors & mandates

Ateliers International BVLegal entity
Permanent representative· perm. rep.: Ward Janssens
State Gazette act 25112850 (05-09-2025)

Current
30-06-2025 → present
Havacon BVLegal entity
Permanent representative· perm. rep.: Vincent De Frenne
State Gazette act 25112850 (05-09-2025)

Current
30-06-2025 → present

Former directors (1)

Patrick Vanbelleghem
Director
State Gazette act 25112850 (05-09-2025)

Former
- → 30-06-2025

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Legal Structure

NACE primary	Vervaardiging van andere keramische producten(23450)
Legal form	Private limited company(610)
Incorporation	30-01-2023
Status	Active
Postal code	9404

Establishment units 1 location

STUDIO NORDD

Doorn Noordstraat 13, 9400 NinoveVervaardiging van huishoudelijk en sieraardewerk

since 20232.340.967.316

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

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.

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
41048A0592/00K000	Flanders	5,147 m²	1 · 2,995 m²	-
41004A0693/00F000	Flanders	823 m²	1 · 124 m²	-

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 2 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

05-09-2025

State Gazette act Director changes

correction

10-07-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

Belgian State Gazette reading coverage 0 of 2 acts read

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.

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 11 months ago

2025

05-09-2025 2 directors appointed, 1 resigning Director changescorrection

Ward Janssens, Vaste vertegenwoordiger
Vincent De Frenne, Vaste vertegenwoordiger
Patrick Vanbelleghem, Bestuurder

Original publication ↗

Technical details

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Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Vervaardiging van huishoudelijk en sieraardewerk23410Vervaardiging van andere keramische producten23450Vervaardiging van huishoudelijk en sieraardewerk23410Handelsbemiddeling in de groothandel in meubelen, huishoudelijke artikelen en ijzerwaren46150

Primary activity highlighted.

Names & trade names

Legal nameNL

STUDIO NORDD

Registered office

Cyriel Prieëlsstraat 237

9404 Ninove, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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