Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 40 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
STUDIO LUNGARNO from Boortmeerbeek, company number BE0453489846, closed financial year 2025 with a result of € 4,431 after tax. For that financial year STUDIO LUNGARNO recorded a gross margin of € 87,510 and equity of € 637,800. Compared with financial year 2024, the result moved from € -24,674 to € 4,431. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ 637,800
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,431
▲ still € 24,674 loss in 2024
Profit after tax over the fiscal year.
€ 30,892
▲ € 25,918 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 156,830.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 1,596
▼ 89% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 116,998
▼ 23% vs 2024
€ 31,928 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 5,496
▲ 228% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,582
▼ 34% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 72,027 | € 84,184 | € 81,112 | € 87,510 | ▲ 8% |
| Profit after taxes | € -18,974 | € 7,023 | € -24,674 | € 4,431 | ▲ € 29,106 |
| Equity | € 651,019 | € 658,042 | € 633,368 | € 637,800 | ▲ 1% |
| Total debts | € 526,290 | € 446,147 | € 432,455 | € 412,231 | ▼ 5% |
| Cash | € 30,686 | € 2,108 | € 4,973 | € 30,892 | ▲ € 25,918 |
| Land & buildings | € 762,767 | € 717,169 | € 670,022 | € 628,242 | ▼ 6% |
| Retained profit | € 170,049 | € 177,072 | € 152,398 | € 156,830 | ▲ 3% |
| Bank debt | € 226,342 | € 188,761 | € 152,702 | € 116,998 | ▼ 23% |
| Balance sheet total | € 1,214,998 | € 1,140,242 | € 1,100,241 | € 1,082,403 | ▼ 2% |
Key figures of STUDIO LUNGARNO, 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 STUDIO LUNGARNO?
What happened at STUDIO LUNGARNO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,431. Source: NBB ↗
- Elissa Van Schoote became a director. NBB
- Frank De Schepper became a director. NBB
- New establishment in Boortmeerbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 18,974 loss in 2022 to € 4,431 profit in 2025.
Paid € 929 in corporate taxes since 2022.
Best year ever: 2023, with € 7,023 profit.
Management
Behind STUDIO LUNGARNO are Elissa Van Schoote and Frank De Schepper. It owns 99.5% of Exes Fashion itself.
Directors
According to the 2025 annual accounts
since 2023
since 2023
Establishments
Establishment units
Physical locations of this company
Lobroeken 14
3191 Boortmeerbeek
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0453.489.846
- VAT number
- BE 0453.489.846
- Registered office
- Lobroeken 14, 3191 Boortmeerbeek
- Names & denominations
- STUDIO LUNGARNO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 September 1994
- Peppol
- Active · Active since 7 Nov 2025
- Activities · NACE
Handelsbemiddeling in de groothandel in textiel, kleding, bont, schoeisel en lederwaren
Handelsbemiddeling in textiel, kleding, schoeisel en artikelen van leer