ACTIVE

STUDIO LINE

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Financial year 2025 · closed on 31/12/2025

Net result

23,7 k €

-58.9% YoY

Gross margin

37,6 k €

-61.9% YoY

Equity

347,4 k €

+7.3% YoY

What does STUDIO LINE do?

STUDIO LINE is a Private limited company incorporated in 1995. Its main activity is: Photographic activities. Its registered office is in Heist-op-den-Berg.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0456.054.111

Incorporation

18/09/1995

Legal form

Private limited company

Registered office

Postweg 12
2220 Heist-op-den-Berg · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2025

Activities (NACE)

74201Photographic activities· main 74201Photographic activities 74811Other professional, scientific and technical activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	37,6 k €	-61.9%	98,6 k €	-46.6%	184,6 k €	+89.4%	97,5 k €	+26.3%	77,2 k €	-27.6%	106,5 k €	-46.6%	199,6 k €	-11.5%	225,4 k €	+79.4%	125,7 k €	+24.0%	101,3 k €	+17.5%	86,2 k €	+12.3%	76,8 k €	+21.8%	63 k €	+8.5%	58 k €	-8.8%	63,6 k €	-27.7%	88,1 k €	-1.4%	89,3 k €	+12.4%	79,5 k €	-22.1%	102 k €	+19.1%	85,6 k €
EBITDA	26,9 k €	-70.9%	92,4 k €	-47.8%	177,2 k €	+154%	69,8 k €	+7.6%	64,9 k €	-36.8%	102,8 k €	-46.2%	191 k €	-13.8%	221,7 k €	+82.6%	121,4 k €	+25.8%	96,5 k €	+18.8%	81,3 k €	+11.0%	73,2 k €	+44.4%	50,7 k €	-6.8%	54,4 k €	-2.0%	55,5 k €	-32.8%	82,5 k €	+4.5%	79 k €	+3.9%	76 k €	+28.1%	59,3 k €	+29.6%	45,8 k €
Operating result	-2,3 k €	-104%	54,3 k €	-75.3%	219,8 k €	+152%	-419,7 k €	-1161%	39,5 k €	-49.5%	78,3 k €	-53.2%	167,4 k €	-13.7%	193,9 k €	+125%	86,1 k €	+37.5%	62,6 k €	+44.2%	43,4 k €	+43.4%	30,3 k €	+85.0%	16,4 k €	-22.6%	21,2 k €	+39.3%	15,2 k €	-69.5%	49,8 k €	+0.5%	49,5 k €	-12.7%	56,7 k €	+77.5%	31,9 k €	+30.3%	24,5 k €
Net result	23,7 k €	-58.9%	57,8 k €	-74.1%	223 k €	+152%	-424,9 k €	-1400%	32,7 k €	-41.1%	55,5 k €	-50.7%	112,6 k €	-13.5%	130,2 k €	+157%	50,6 k €	+43.6%	35,2 k €	+49.9%	23,5 k €	+171%	8,7 k €	+701%	1,1 k €	-72.0%	3,9 k €	-37.1%	6,2 k €	-80.7%	31,9 k €	+17.7%	27,1 k €	-14.1%	31,5 k €	+174%	11,5 k €	+35.9%	8,5 k €
Balance sheet
Equity	347,4 k €	+7.3%	323,6 k €	+21.7%	265,8 k €	+520%	42,9 k €	-90.8%	467,8 k €	+7.1%	436,7 k €	+14.1%	382,8 k €	+40.8%	271,8 k €	-8.9%	298,4 k €	+20.4%	247,8 k €	+16.6%	212,5 k €	+12.4%	189 k €	+4.8%	180,3 k €	-8.8%	197,7 k €	+2.0%	193,8 k €	+3.3%	187,6 k €	-26.6%	255,8 k €	+11.8%	228,7 k €	+16.0%	197,1 k €	+6.2%	185,6 k €
Total assets	653,6 k €	-4.5%	684,5 k €	-20.8%	864,3 k €	+20.8%	715,2 k €	-39.8%	1,2 M €	+65.9%	715,8 k €	-2.9%	737,5 k €	+36.2%	541,3 k €	+13.2%	478,1 k €	-15.6%	566,5 k €	+5.4%	537,2 k €	-5.6%	569 k €	-24.3%	751,4 k €	+21.6%	618,1 k €	-10.4%	689,7 k €	+8.4%	635,9 k €	-0.8%	641,1 k €	+25.3%	511,5 k €	-9.4%	564,7 k €	+39.6%	404,4 k €
Cash	216,5 k €	+34.4%	161,2 k €	-28.7%	226,2 k €	+450%	41,1 k €	-4.8%	43,2 k €	+65.6%	26,1 k €	-75.0%	104,2 k €	+52.2%	68,4 k €	-21.3%	87 k €	+27.4%	68,3 k €	-26.7%	93,2 k €	+50.7%	61,8 k €	-69.5%	202,9 k €	+24.8%	162,5 k €	+87.5%	86,6 k €	+32.3%	65,5 k €	-49.8%	130,4 k €	+49.1%	87,4 k €	-40.8%	147,8 k €	-15.4%	174,7 k €
Debts	305 k €	-14.7%	357,5 k €	-40.1%	596,8 k €	-11.0%	670,8 k €	-5.7%	711,2 k €	+164%	269,3 k €	-19.4%	334,1 k €	+24.0%	269,6 k €	+49.9%	179,8 k €	-43.6%	318,7 k €	-1.8%	324,7 k €	-14.6%	380 k €	-32.7%	565 k €	+34.4%	420,5 k €	-15.2%	495,9 k €	+14.3%	433,9 k €	+17.2%	370,4 k €	+38.1%	268,2 k €	-24.1%	353,4 k €	+73.3%	204 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		0,1 ETP	0.0%	0,1 ETP	-90.9%	1,1 ETP	0.0%	1,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Dirk Kamiel E Vermeiren

Director · since 18 septembre 1995

Active

Ended mandates

Godelieve Anthonis

Manager · since 01 décembre 2009

Ended

Godelieve Anthonis

Manager · since 30 novembre 2009

Ended

Dirk Kamiel E Vermeiren

Manager · since 18 septembre 1995

Ended

Dirk Vermeiren

Manager · since 18 septembre 1995

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Abridged model	Abridged model	Micro model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/06/2026	23/07/2025	23/07/2024	30/06/2023	28/06/2022	29/06/2021
General meeting	29/06/2026	30/06/2025	24/06/2024	26/06/2023	27/06/2022	28/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	29/06/2026	30/06/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	23/07/2025	Dutch	PDF
Abridged model	31/12/2023	24/06/2024	23/07/2024	Dutch	PDF
Micro model	31/12/2022	26/06/2023	30/06/2023	Dutch	PDF
Abridged model	31/12/2021	27/06/2022	28/06/2022	Dutch	PDF
Abridged model	31/12/2020	28/06/2021	29/06/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	30/07/2020	Dutch	PDF
Abridged model	31/12/2018	24/06/2019	26/06/2019	Dutch	PDF
Micro model	31/12/2017	25/06/2018	02/07/2018	Dutch	PDF
Micro model	31/12/2016	26/06/2017	19/07/2017	Dutch	PDF
Abridged model	31/12/2015	27/06/2016	04/07/2016	Dutch	PDF
Abridged model	31/12/2014	27/07/2015	19/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	03/07/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	26/07/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	30/07/2012	Dutch	PDF
Abridged model	31/12/2010	27/06/2011	30/06/2011	Dutch	PDF
Abridged model	31/12/2009	28/06/2010	14/07/2010	Dutch	PDF
Abridged model	31/12/2008	29/06/2009	30/06/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	02/07/2008	Dutch	PDF
Abridged model	31/12/2006	25/06/2007	16/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Dirk Kamiel E Vermeiren

Director · since 18 septembre 1995

Active

Ended mandates

Godelieve Anthonis

Manager · since 01 décembre 2009

Ended

Godelieve Anthonis

Manager · since 30 novembre 2009

Ended

Dirk Kamiel E Vermeiren

Manager · since 18 septembre 1995

Ended

Dirk Vermeiren

Manager · since 18 septembre 1995

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/12/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares14/09/2018
KAPITAAL - AANDELEN
PDF
Mandates24/10/2016
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares27/02/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates24/12/2009
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202523,7 k €↓
2024
Annual accounts 202457,8 k €↓
2023
Annual accounts 2023223 k €↑
2022
Annual accounts 2022-424,9 k €↓
2021
Annual accounts 202132,7 k €↓
2020
Annual accounts 202055,5 k €↓
2019
Annual accounts 2019112,6 k €↓
2018
Annual accounts 2018130,2 k €↑
2017
Annual accounts 201750,6 k €↑
2016
Annual accounts 201635,2 k €↑
2015
Annual accounts 201523,5 k €↑
2014
Annual accounts 20148,7 k €↑
2013
Annual accounts 20131,1 k €↓
2012
Annual accounts 20123,9 k €↓
2011
Annual accounts 20116,2 k €↓
2010
Annual accounts 201031,9 k €↑
2009
Annual accounts 200927,1 k €↓
2008
Annual accounts 200831,5 k €↑
2007
Annual accounts 200711,5 k €↑
2006
Annual accounts 20068,5 k €
18/09/1995
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

STUDIO LINE

Overview

What does STUDIO LINE do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline