Financials
Financial year 2025
LESS IS MORE STUDIO from Schaarbeek, company number BE0899117744, closed financial year 2025 with a result of € 291 after tax. For that financial year LESS IS MORE STUDIO recorded a gross margin of € 2,323 and equity of € 38,997. Compared with financial year 2024, the result moved from € -2,069 to € 291. 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 August 25, 2026.
€ 38,997
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 291
▲ still € 2,069 loss in 2024
Profit after tax over the fiscal year.
€ 11,196
▼ 42% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 27,497.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,946
▲ € 1,890 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,864
▼ 68% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 26,717 | € 16,066 | € -3,946 | € 2,323 | ▲ € 6,269 |
| Profit after taxes | € 16,106 | € 7,320 | € -2,069 | € 291 | ▲ € 2,359 |
| Equity | € 33,455 | € 40,775 | € 38,706 | € 38,997 | ▲ 1% |
| Total debts | € 41,121 | € 21,507 | € 8,940 | € 4,809 | ▼ 46% |
| Cash | € 34,155 | € 27,621 | € 19,211 | € 11,196 | ▼ 42% |
| Retained profit | € 21,955 | € 29,275 | € 27,206 | € 27,497 | ▲ 1% |
| Balance sheet total | € 74,576 | € 62,282 | € 47,646 | € 43,806 | ▼ 8% |
Key figures of LESS IS MORE 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 LESS IS MORE STUDIO?
What happened at LESS IS MORE STUDIO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 291. filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Schaarbeek. KBO
- Restaurant Kinoo NV became a director. NBB
- Charles Kinoo became a director. NBB
In short
From € 16,106 profit in 2022 to € 291 profit in 2025.
Paid € 16,169 in corporate taxes since 2022.
Best year ever: 2022, with € 16,106 profit.
Management
The stake of RESTAURANT KINOO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LESS IS MORE STUDIOBehind LESS IS MORE STUDIO are Restaurant Kinoo NV and Charles Kinoo. The shares are held by RESTAURANT KINOO (25%).
Directors
According to the 2025 annual accounts
Associate
since 2008
Charles Kinoo
Manager
since 2008
Shareholders
25%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ooststraat 58
1030 Schaarbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0899.117.744
- VAT number
- BE 0899.117.744
- Registered office
- Ooststraat 58, 1030 Schaarbeek
- Names & denominations
- LESS IS MORE STUDIO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 July 2008
- Peppol
- Active · Active since 25 Sept 2025
- Activities · NACE
Overige fotografische activiteiten
Overige diensten in verband met het maken van geluidsopnamen
Overige niet-gespecialiseerde detailhandel
Detailhandel in andere tweedehandsgoederen, muv tweedehandskleding
Detailhandel in antiquiteiten
Detailhandel via postorderbedrijven of via internet