Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
54 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
STUDIO GONDO from Brussel, company number BE0685773271, closed financial year 2025 with a result of € -3,872 after tax. For that financial year STUDIO GONDO recorded a gross margin of € -2,945 and equity of € -52,383. Compared with financial year 2024, the result moved from € -48,888 to € -3,872. The company made a loss. 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 July 13, 2026.
€ -52,383
▼ € 3,872 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,872
▲ 92 % less loss than in 2024
Profit after tax over the fiscal year.
€ 1,083
▲ 88% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -114,123.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 170
▲ € 407 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.
Debts at end 2025
€ 27,920
Loans from banks and other lenders, long and short.
€ 42,466
▼ 51% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 41,550 | € -5,471 | € -23,095 | € -2,945 | ▲ € 20,151 |
| Profit after taxes | € -1,973 | € -29,733 | € -48,888 | € -3,872 | ▲ € 45,016 |
| Equity | € 30,111 | € 378 | € -48,511 | € -52,383 | ▼ € 3,872 |
| Total debts | € 52,811 | € 130,834 | € 125,222 | € 104,973 | ▼ 16% |
| Cash | € 27,090 | € 7,651 | € 576 | € 1,083 | ▲ 88% |
| Retained profit | € -31,629 | € -61,362 | € -110,251 | € -114,123 | ▼ € 3,872 |
| Bank debt | € 27,920 | € 27,920 | € 27,920 | € 27,920 | |
| Balance sheet total | € 82,921 | € 131,212 | € 76,712 | € 52,591 | ▼ 31% |
| Employees (FTE) | 1 | 0 | 0 | 0 |
Key figures of STUDIO GONDO, 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 GONDO?
What happened at STUDIO GONDO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,872. Source: NBB ↗
- Xavier Vincent became a director. NBB
- Alexandre Velleuer became a director. NBB
- Michel Culot became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,973 loss in 2022 to € 3,872 loss in 2025.
On average € 41,500 of value added per employee in 2022.
Management
The stake of VO GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
STUDIO GONDOBehind STUDIO GONDO are Michel Culot, Xavier Vincent and Alexandre Velleuer. The shares are held by VO GROUP (9.1%).
Directors
According to the 2025 annual accounts
Michel Culot
Director
since 2021
since 2021
since 2021
Shareholders
9.1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Hoogstraat 139
1000 Brussel
Hoogstraat 139 box 16
1000 Brussel
Active since 8 December 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 54 companies are registered at this address.
All companies at this address →Immobilière du Champ de Mars
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0685.773.271
- VAT number
- BE 0685.773.271
- Registered office
- Hoogstraat 139, 1000 Brussel
- Names & denominations
- STUDIO GONDO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 December 2017
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
Creatie van beeldende kunsten
Ondersteunende activiteiten voor scheppende kunsten
Literaire creatie
Organisatie van congressen en beurzen
Scheppende kunsten, m.u.v. ondersteunende diensten