ACTIVE

STUDICO

Financial year 2024 · closed on 31/12/2024
Net result
37,9 k €
+278.7% YoY
Gross margin
121,3 k €
+22.2% YoY
Equity
157,4 k €
+31.8% YoY

What does STUDICO do?

STUDICO is a Private limited company incorporated in 1999. Its registered office is in Geel.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0467.431.023
Incorporation
23/11/1999
Legal form
Private limited company
Registered office
Dr.-Van de Perrestraat 167
2440 Geel · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
31/12/2024
Joint committees (5)
  • 100
  • 200
  • 201
  • 20100
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin121,3 k €99,2 k €86,5 k €69,6 k €65,5 k €74,1 k €58 k €98,8 k €116,3 k €99,3 k €96 k €76,8 k €103,9 k €89 k €78,5 k €85,8 k €99,1 k €94,8 k €50,3 k €
EBITDA62,2 k €22 k €11,4 k €8,4 k €9,6 k €16,7 k €110 €40,9 k €52,1 k €42,2 k €44,2 k €44,6 k €72,4 k €59,9 k €49,1 k €57,4 k €74,5 k €77,2 k €26,1 k €
Operating result38,9 k €8,3 k €-15,5 k €-16,9 k €-11,9 k €-5,1 k €-38 k €8,7 k €11,9 k €-7 k €-3,7 k €7,8 k €35,1 k €26,9 k €17,6 k €22,9 k €40,1 k €39,6 k €-6,4 k €
Net result37,9 k €10 k €-11,1 k €-20,1 k €-14,4 k €-9,4 k €-42,7 k €4,6 k €4,7 k €1,3 k €-2,7 k €-8 k €32,5 k €21,9 k €-4,7 k €19,5 k €33,5 k €32,9 k €-12,9 k €
Balance sheet
Equity157,4 k €119,4 k €109,4 k €120,5 k €140,6 k €155 k €164,4 k €207,1 k €198 k €193,3 k €192,1 k €194,7 k €202,7 k €170,2 k €148,3 k €153 k €133,5 k €87,6 k €54,6 k €
Total assets260 k €217,6 k €214,8 k €240,5 k €262,7 k €273,3 k €313,8 k €328 k €315 k €314,7 k €340,7 k €338,4 k €360,5 k €337,5 k €324,5 k €355,2 k €315 k €331,6 k €304,3 k €
Cash65,4 k €66,7 k €36,9 k €32,4 k €56,9 k €53,4 k €61,1 k €76,2 k €46,7 k €52,5 k €35,6 k €65,6 k €54,2 k €71,3 k €52,7 k €61,3 k €36,8 k €47,2 k €21,5 k €
Debts102,7 k €97,5 k €101,5 k €118,3 k €119 k €113,7 k €143,8 k €120,5 k €112,3 k €121,4 k €136,1 k €128,2 k €145,3 k €167,3 k €176,2 k €202,3 k €181,5 k €244 k €249,7 k €
Other
Workforce2,0 ETP2,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 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 31/12/2024 · 2 active · 4 ended

Active mandates

Annemarie Baetens

Director · since 16 novembre 1999

Active
Glenn Vandenborre

Director · since 16 novembre 1999

Active

Ended mandates

Annemarie Augusta Karel Baetens

Director

Ended
Annemarie Augusta Karel Baetens

Administrator - manager

Ended
Annemarie Augusta Karel Baetens

Manager

Ended
Glenn Danny Vandenborre

Manager

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date11/09/202526/07/202431/08/202321/10/202222/09/202131/08/2020
General meeting01/06/202501/06/202401/06/202301/06/202201/06/202101/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202401/06/202511/09/2025DutchPDF
Micro model31/12/202301/06/202426/07/2024DutchPDF
Micro model31/12/202201/06/202331/08/2023DutchPDF
Micro model31/12/202101/06/202221/10/2022DutchPDF
Micro model31/12/202001/06/202122/09/2021DutchPDF
Micro model31/12/201901/06/202031/08/2020DutchPDF
Micro model31/12/201801/06/201902/10/2019DutchPDF
Micro model31/12/201701/06/201824/09/2018DutchPDF
Micro model31/12/201601/06/201721/09/2017DutchPDF
Abridged model31/12/201501/06/201628/09/2016DutchPDF
Abridged model31/12/201401/06/201501/09/2015DutchPDF
Abridged model31/12/201301/06/201430/09/2014DutchPDF
Abridged model31/12/201201/06/201328/10/2013DutchPDF
Abridged model31/12/201101/06/201205/11/2012DutchPDF
Abridged model31/12/201001/06/201130/09/2011DutchPDF
Abridged model31/12/200901/06/201025/10/2010DutchPDF
Abridged model31/12/200801/06/200927/11/2009DutchPDF
Abridged model31/12/200701/06/200827/10/2008DutchPDF
Abridged model31/12/200601/06/200704/10/2007DutchPDF
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 31/12/2024 · 2 active · 4 ended

Active mandates

Annemarie Baetens

Director · since 16 novembre 1999

Active
Glenn Vandenborre

Director · since 16 novembre 1999

Active

Ended mandates

Annemarie Augusta Karel Baetens

Director

Ended
Annemarie Augusta Karel Baetens

Administrator - manager

Ended
Annemarie Augusta Karel Baetens

Manager

Ended
Glenn Danny Vandenborre

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates18/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Capital / shares20/10/2005
    KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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

Timeline

  1. 2024
    Annual accounts 202437,9 k €
  2. 2023
    Annual accounts 202310 k €
  3. 2022
    Annual accounts 2022-11,1 k €
  4. 2021
    Annual accounts 2021-20,1 k €
  5. 2020
    Annual accounts 2020-14,4 k €
  6. 2019
    Annual accounts 2019-9,4 k €
  7. 2018
    Annual accounts 2018-42,7 k €
  8. 2017
    Annual accounts 20174,6 k €
  9. 2016
    Annual accounts 20164,7 k €
  10. 2015
    Annual accounts 20151,3 k €
  11. 2014
    Annual accounts 2014-2,7 k €
  12. 2013
    Annual accounts 2013-8 k €
  13. 2012
    Annual accounts 201232,5 k €
  14. 2011
    Annual accounts 201121,9 k €
  15. 2010
    Annual accounts 2010-4,7 k €
  16. 2009
    Annual accounts 200919,5 k €
  17. 2008
    Annual accounts 200833,5 k €
  18. 2007
    Annual accounts 200732,9 k €
  19. 2006
    Annual accounts 2006-12,9 k €
  20. 23/11/1999
    IncorporationPrivate limited company