Financials
Financial year 2024
STUDIO K from Balen, company number BE0862074830, closed financial year 2024 with a result of € 471,329 after tax. For that financial year STUDIO K recorded a gross margin of € 401,078 and equity of € 2.2 million. Compared with financial year 2023, the result moved from € -334,007 to € 471,329. 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 25, 2025.
€ 2.2 million
▲ 28% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 471,329
▲ still € 334,007 loss in 2023
Profit after tax over the fiscal year.
€ 4,614
▼ 54% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 2.1 million.
Debts at end 2024
€ 694,845
▲ 88% vs 2023
€ 70,381 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 141,357
▲ 115% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 15,290
▲ € 14,211 vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 375,775 | € 95,957 | € -120,124 | € 401,078 | ▲ € 521,202 |
| Profit after taxes | € 34,296 | € -25,181 | € -334,007 | € 471,329 | ▲ € 805,337 |
| Equity | € 2,116,783 | € 2,039,668 | € 1,705,660 | € 2,176,989 | ▲ 28% |
| Total debts | € 830,590 | € 1,031,049 | € 553,722 | € 982,864 | ▲ 78% |
| Cash | € 3,516 | € 57,506 | € 10,098 | € 4,614 | ▼ 54% |
| Land & buildings | € 1,780,429 | € 1,745,651 | - | € 398,738 | |
| Retained profit | € 2,110,583 | € 1,993,468 | € 1,659,460 | € 2,130,789 | ▲ 28% |
| Bank debt | € 507,128 | € 627,763 | € 369,052 | € 694,845 | ▲ 88% |
| Balance sheet total | € 2,947,373 | € 3,070,717 | € 2,259,382 | € 3,159,853 | ▲ 40% |
Key figures of STUDIO K, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to STUDIO K?
What happened at STUDIO K in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 471,329. Source: NBB ↗
- New establishment in Balen. KBO
- Kristof Legein became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 34,296 profit in 2021 to € 471,329 profit in 2024.
Paid € 78,243 in corporate taxes since 2021.
Best year ever: 2024, with € 471,329 profit.
Management
Behind STUDIO K is Kristof Legein. It owns 100% of TW-Studio, 96.8% of Legein Furniture Export and 50% of TW-Studio Interiors itself.
Directors
According to the 2024 annual accounts
since 2006
Establishments
Establishment units
Physical locations of this company
Poeierstraat 10
2490 Balen
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
- 0862.074.830
- VAT number
- BE 0862.074.830
- Registered office
- Poeierstraat 10, 2490 Balen
- Names & denominations
- STUDIO K
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 December 2003
- Peppol
- Active · Active since 25 Feb 2026
- Activities · NACE
Activiteiten van holdings
Holdings
Verhuur en lease van sport- en recreatieartikelen
Overige dienstverlenende activiteiten op het gebied van informatie
Overige ondersteunende activiteiten in verband met financiële diensten, neg, exclusief verzekeringen en pensioenfondsen
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Overige zakelijke dienstverlening, neg
Detailhandel in overige sportartikelen
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