Financials
Financial year 2025
STUDIES & DEVELOPMENT from Liège, company number BE0881457014, closed financial year 2025 with a result of € 80,733 after tax. For that financial year STUDIES & DEVELOPMENT recorded a gross margin of € 118,437 and equity of € 554,610. Compared with financial year 2024, the result moved from € 75,220 to € 80,733. 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 October 1, 2025.
€ 554,610
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 80,733
▲ 7% vs 2024
Profit after tax over the fiscal year.
€ 330,244
▼ 48% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 77,000 paid out
95 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 774
▼ 44% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 10,970
▲ 22% 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 | € 117,475 | € 116,925 | € 101,668 | € 118,437 | ▲ 16% |
| Profit after taxes | € 75,774 | € 74,986 | € 75,220 | € 80,733 | ▲ 7% |
| Equity | € 488,672 | € 520,658 | € 550,878 | € 554,610 | ▲ 1% |
| Total debts | € 163,489 | € 172,314 | € 196,471 | € 110,873 | ▼ 44% |
| Cash | € 608,740 | € 689,119 | € 638,334 | € 330,244 | ▼ 48% |
| Retained profit | € 482,472 | € 514,458 | € 544,678 | € 548,410 | ▲ 1% |
| Dividend | € 45,000 | € 43,000 | € 45,000 | € 77,000 | ▲ 71% |
| Balance sheet total | € 652,161 | € 692,972 | € 747,349 | € 665,483 | ▼ 11% |
Key figures of STUDIES & DEVELOPMENT, 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 October 2026.
What happened to STUDIES & DEVELOPMENT?
What happened at STUDIES & DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 80,733 (▲ 7% vs 2024). Source: NBB ↗
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 75,774 profit in 2022 to € 80,733 profit in 2025.
Paid € 131,294 in corporate taxes since 2022.
Best year ever: 2025, with € 80,733 profit.
Paid out € 210,000 in dividends to the owners in total.
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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 STUDIES & DEVELOPMENT is Jean-Louis Fraikin.
Directors
According to the 2025 annual accounts
Jean-Louis Fraikin
Director
Establishments
Establishment units
Physical locations of this company
Rue de l'Arbre-Sainte-Barbe 34
4000 Liège
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0881.457.014
- VAT number
- BE 0881.457.014
- Registered office
- Rue de l'Arbre-Sainte-Barbe 34, 4000 Liège
- Names & denominations
- STUDIES & DEVELOPMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 May 2006
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Vlieg- en vaaronderricht