Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 3.2 to 2.
Financials
Financial year 2025
Studio WAAGA from Tervuren, company number BE0895398783, closed financial year 2025 with a result of € -41,145 after tax. For that financial year Studio WAAGA recorded a gross margin of € 111,700 and equity of € 440,178. Compared with financial year 2024, the result moved from € 10,366 to € -41,145. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 19, 2025.
€ 440,178
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -41,145
▼ still € 10,366 profit in 2024
Profit after tax over the fiscal year.
€ 35,185
▼ 42% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 290,178.
People and assets in 2025
2
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 147,834
▲ 2% vs 2024
€ 73,900 per full-time equivalent. 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
None
No bank loans on the last day of the fiscal year.
€ 38,682
▼ 71% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,922
▼ 19% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 227,351 | € 230,604 | € 167,045 | € 111,700 | ▼ 33% |
| Profit after taxes | € 41,268 | € 15,038 | € 10,366 | € -41,145 | ▼ € 51,511 |
| Equity | € 481,238 | € 483,697 | € 481,323 | € 440,178 | ▼ 9% |
| Total debts | € 269,485 | € 175,495 | € 173,125 | € 61,965 | ▼ 64% |
| Cash | € 50,783 | € 104,818 | € 60,804 | € 35,185 | ▼ 42% |
| Retained profit | € 331,238 | € 333,697 | € 331,323 | € 290,178 | ▼ 12% |
| Dividend | € 26,370 | € 12,579 | € 12,740 | € 0 | ▼ 100% |
| Bank debt | € 16,667 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 750,723 | € 659,192 | € 654,448 | € 502,143 | ▼ 23% |
| Employees (FTE) | 2.9 | 3.2 | 2.4 | 2 | ▼ 0.4 |
Key figures of Studio WAAGA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Studio WAAGA?
What happened at Studio WAAGA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 41,145 (▼ € 51,511 vs 2024). Source: NBB ↗
- Koen Coomans stepped down as director. NBB
- Koen Coomans became a director. NBB
- New establishment in Tervuren. KBO
- Tom Eckelmans became a director. NBB
- Bartholomé Doms became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 41,268 profit in 2022 to € 41,145 loss in 2025.
Paid € 27,892 in corporate taxes since 2022.
Best year ever: 2022, with € 41,268 profit.
On average € 55,900 of value added per employee in 2025.
Management
Behind Studio WAAGA are Tom Eckelmans and Bartholomé Doms. Tom Eckelmans is also behind TOM ECKELMANS ARCHITECT. Bartholomé Doms is also behind BART DOMS ARCHITECT.
Directors
According to the 2025 annual accounts
since 2008
since 2008
since 2014 · until 2024
Establishments
Establishment units
Physical locations of this company
Brusselsesteenweg 43
3080 Tervuren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0895.398.783
- VAT number
- BE 0895.398.783
- Registered office
- Brusselsesteenweg 43, 3080 Tervuren
- Names & denominations
- Studio WAAGA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 January 2008
- Peppol
- Active · Active since 19 Nov 2025
- Activities · NACE
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