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 3 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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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Essence Studio from Ukkel, company number BE0778730648, closed financial year 2025 with a result of € -41,197 after tax. For that financial year Essence Studio recorded a gross margin of € -30,229 and equity of € -94,372. Compared with financial year 2024, the result moved from € -15,580 to € -41,197. 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 August 4, 2026.
€ -94,372
▼ € 41,718 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -41,197
▼ 164 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1,386
▼ 77% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -101,544.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 19,469
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 29,892
▼ 24% vs 2024
€ 7,641 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 5,104
▼ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,841
▼ 36% 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 | € 10,244 | € -53,366 | € -16,823 | € -30,229 | ▼ € 13,406 |
| Profit after taxes | € 6,973 | € -49,461 | € -15,580 | € -41,197 | ▼ € 25,617 |
| Equity | € 7,693 | € -41,767 | € -52,653 | € -94,372 | ▼ € 41,718 |
| Total debts | € 29,191 | € 102,296 | € 112,686 | € 133,756 | ▲ 19% |
| Cash | € 4,982 | € 4,292 | € 5,918 | € 1,386 | ▼ 77% |
| Retained profit | € 4,693 | € -44,767 | € -60,347 | € -101,544 | ▼ € 41,197 |
| Bank debt | € 0 | € 37,004 | € 39,225 | € 29,892 | ▼ 24% |
| Balance sheet total | € 36,885 | € 60,529 | € 60,033 | € 39,385 | ▼ 34% |
Key figures of Essence Studio, 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 Essence Studio?
What happened at Essence Studio in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 41,197. filed late Source: NBB ↗
- New establishment in Ukkel. KBO
- MICHAEL FERIRE became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 6,973 profit in 2022 to € 41,197 loss in 2025.
Paid € 2,573 in corporate taxes since 2022.
Best year ever: 2022, with € 6,973 profit.
A new publication or filing at Essence Studio? We notify you, reason included.
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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
Behind Essence Studio is MICHAEL FERIRE.
Directors
According to the 2025 annual accounts
MICHAEL FERIRE
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Winston Churchilllaan 24 box 2
1180 Ukkel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0778.730.648
- VAT number
- BE 0778.730.648
- Registered office
- Winston Churchilllaan 24 bus 2, 1180 Ukkel
- Names & denominations
- Essence Studio
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 December 2021
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
Activiteiten van fotografen, met uitzondering van persfotografen