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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
STUDIO IMAGE CREATION from Modave, company number BE0455350266, closed financial year 2025 with a result of € 132 after tax. For that financial year STUDIO IMAGE CREATION recorded a gross margin of € 1,911 and equity of € -10,112. Compared with financial year 2024, the result moved from € 1,371 to € 132. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ -10,112
▲ € 132 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 132
▼ 90% vs 2024
Profit after tax over the fiscal year.
€ 98
▲ 39% 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 € -34,902.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 8,351
▲ 232% vs 2024
Loans from banks and other lenders, long and short.
€ 5,717
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 753
▲ 226% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 322 | € 14,816 | € 3,634 | € 1,911 | ▼ 47% |
| Profit after taxes | € -14,234 | € 11,210 | € 1,371 | € 132 | ▼ 90% |
| Equity | € -22,825 | € -11,615 | € -10,244 | € -10,112 | ▲ € 132 |
| Total debts | € 29,289 | € 14,629 | € 17,961 | € 15,572 | ▼ 13% |
| Cash | € 42 | € 2,736 | € 71 | € 98 | ▲ 39% |
| Retained profit | € -47,614 | € -36,405 | € -35,034 | € -34,902 | |
| Bank debt | € 13,617 | € 0 | € 2,518 | € 8,351 | ▲ 232% |
| Balance sheet total | € 6,465 | € 3,014 | € 7,716 | € 5,460 | ▼ 29% |
Key figures of STUDIO IMAGE CREATION, 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 IMAGE CREATION?
What happened at STUDIO IMAGE CREATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 132 (▼ 90% vs 2024). filed late Source: NBB ↗
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,234 loss in 2022 to € 132 profit in 2025.
Paid € 460 in corporate taxes since 2022.
Best year ever: 2023, with € 11,210 profit.
Management
Behind STUDIO IMAGE CREATION is Alain VANDE CRAEN.
Directors
According to the 2025 annual accounts
Alain VANDE CRAEN
Director
Establishments
Establishment units
Physical locations of this company
Rue des Peupliers 2
4577 Modave
Rue Hongrée 6
4000 Liège
Active since 3 August 1995
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0455.350.266
- VAT number
- BE 0455.350.266
- Registered office
- Rue des Peupliers 2, 4577 Modave
- Names & denominations
- STUDIO IMAGE CREATION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 May 1995
- Peppol
- Active · Active since 16 Jan 2026
- Activities · NACE
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