Financials
Financial year 2025
STUDEKA from Kortrijk, company number BE0436499604, closed financial year 2025 with a result of € 53,466 after tax. For that financial year STUDEKA recorded a gross margin of € 145,757 and equity of € 143,916. Compared with financial year 2024, the result moved from € 57,132 to € 53,466. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 143,916
▲ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 53,466
▼ 6% vs 2024
Profit after tax over the fiscal year.
€ 48,061
▼ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 19,200 paid out
36 % of the profit went to the shareholders, mostly to HDC & COMPANY (100 % of the shares). That is where the money ends up.
People and assets in 2025
€ 78
▼ 61% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 3,619
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 398,283
▲ 6% vs 2024
€ 17,870 is repaid this year. At this pace the long-term loan is gone in ≈ 22 years.
€ 5,307
▼ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,110
▲ 48% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 162,979 | € 280,747 | € 145,073 | € 145,757 | |
| Profit after taxes | € 68,823 | € 123,509 | € 57,132 | € 53,466 | ▼ 6% |
| Equity | € 347,409 | € 71,719 | € 109,650 | € 143,916 | ▲ 31% |
| Total debts | € 360,050 | € 512,997 | € 457,571 | € 486,858 | ▲ 6% |
| Cash | € 147,367 | € 95,701 | € 51,295 | € 48,061 | ▼ 6% |
| Land & buildings | € 377,794 | € 355,439 | € 340,700 | € 325,974 | ▼ 4% |
| Retained profit | € 285,409 | € 9,719 | € 47,650 | € 81,916 | ▲ 72% |
| Dividend | € 18,000 | € 399,200 | € 19,200 | € 19,200 | |
| Bank debt | € 265,910 | € 435,371 | € 377,358 | € 398,283 | ▲ 6% |
| Balance sheet total | € 707,459 | € 584,716 | € 567,221 | € 630,774 | ▲ 11% |
| Employees (FTE) | - | 0.2 | - | - |
Key figures of STUDEKA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to STUDEKA?
What happened at STUDEKA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 53,466 (▼ 6% vs 2024). filed late Source: NBB ↗
- Luc Dubaere became a director. NBB
- HDC & COMPANY BV became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 68,823 profit in 2022 to € 53,466 profit in 2025.
Paid € 105,371 in corporate taxes since 2022.
Best year ever: 2023, with € 123,509 profit.
Paid out € 455,600 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of HDC & COMPANY comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
STUDEKABehind STUDEKA are Luc Dubaere and HDC & COMPANY BV. The shares are held by HDC & COMPANY (100%).
Directors
According to the 2025 annual accounts
Luc Dubaere
Manager
Also active at: DVA, FIRMA DUBAERE - VANDEN AVENNE, DUBACO, NORINVEST, Mare Nostra, HDC & COMPANY, REBOPLAST, SMARTROOF +4 more
since 2020
Director · represented by Harry Dubaere
since 2020
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Walle(Kor) 220
8500 Kortrijk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0436.499.604
- VAT number
- BE 0436.499.604
- Registered office
- Walle(Kor) 220, 8500 Kortrijk
- Names & denominations
- STUDEKA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 January 1989
- Peppol
- Active · Active since 21 Jan 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)