ACTIVE

STUDIO BOILER

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Financial year 2025 · closed on 31/12/2025

Net result

33,5 k €

+54.0% YoY

Gross margin

195,9 k €

+7.6% YoY

Equity

152,8 k €

+14.5% YoY

What does STUDIO BOILER do?

STUDIO BOILER is a Private limited company incorporated in 2016. Its main activity is: Advertising agencies. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0655.927.262

Incorporation

06/06/2016

Legal form

Private limited company

Registered office

Lange Dijkstraat 18
2060 Antwerpen · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

73110Advertising agencies· main 73110Advertising agencies 74103Specialised design activities 74120Specialised design activities 62010Computer programming activities 62100Computer programming, consultancy and related activities+10

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 10 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016
Income statement
Gross margin	195,9 k €	+7.6%	182,1 k €	+1.9%	178,7 k €	+83.7%	97,2 k €	+1.6%	95,7 k €	+104%	47 k €	-2.6%	48,3 k €	+75.8%	27,4 k €	+82.5%	15 k €	-40.0%	25,1 k €
EBITDA	89,4 k €	+21.2%	73,8 k €	+9.7%	67,2 k €	+20.4%	55,9 k €	-17.5%	67,7 k €	+46.7%	46,2 k €	-2.2%	47,2 k €	+81.3%	26 k €	+83.9%	14,2 k €	-40.8%	23,9 k €
Operating result	58,4 k €	+35.3%	43,2 k €	+10.6%	39,1 k €	+28.6%	30,4 k €	-36.5%	47,8 k €	+71.9%	27,8 k €	-5.7%	29,5 k €	+230%	9 k €	+295%	-4,6 k €	-134%	13,4 k €
Net result	33,5 k €	+54.0%	21,7 k €	-2.3%	22,3 k €	+24.9%	17,8 k €	-44.0%	31,8 k €	+80.0%	17,7 k €	+2.9%	17,2 k €	+194%	5,9 k €	+180%	-7,4 k €	-180%	9,2 k €
Balance sheet
Equity	152,8 k €	+14.5%	133,5 k €	+19.5%	111,7 k €	+0.7%	110,9 k €	+19.2%	93,1 k €	+52.0%	61,2 k €	+40.6%	43,5 k €	+65.3%	26,3 k €	+28.6%	20,5 k €	-26.4%	27,8 k €
Total assets	445,5 k €	-16.0%	530,1 k €	+26.4%	419,3 k €	+104%	205,2 k €	+12.3%	182,7 k €	+17.8%	155,1 k €	+6.2%	145,9 k €	+0.9%	144,7 k €	-9.8%	160,4 k €	-12.5%	183,3 k €
Cash	21,5 k €	-56.9%	49,9 k €	-39.0%	81,8 k €	+21.9%	67,1 k €	+38.3%	48,5 k €	+61.4%	30,1 k €	+102%	14,9 k €	+111%	7,1 k €	+48.5%	4,7 k €	-72.8%	17,5 k €
Debts	284,9 k €	-27.2%	391,2 k €	+28.6%	304,3 k €	+223%	94,3 k €	+5.2%	89,6 k €	-4.5%	93,8 k €	-8.4%	102,4 k €	-13.5%	118,3 k €	-15.4%	139,9 k €	-9.3%	154,3 k €

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

Astrid Vanderborght

Mandate

Active

Ended mandates

Astrid Vanderborght

Administrator - manager · since 17 mai 2016

Ended

Astrid VANDERBORGHT

Manager · since 17 mai 2016

Ended

Astrid VANDERBORGHT

Director

Ended

Astrid VANDERBORGHT

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Boontjes Doppen● Active	1040.107.343
CVM Management● Active	0786.847.964
DE BIERTON● Active	0876.060.646
Pens● Active	1021.888.565
Vereniging van Mede-Eigenaars van de residentie LD18 te 2060 Antwerpen, Lange Dijkstraat 18● Active	0707.623.215

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	27/04/2026	29/04/2025	30/04/2024	23/05/2023	07/06/2022	21/05/2021
General meeting	24/04/2026	25/04/2025	26/04/2024	28/04/2023	29/04/2022	30/04/2021
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

10 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	24/04/2026	27/04/2026	Dutch	PDF
Micro model	31/12/2024	25/04/2025	29/04/2025	Dutch	PDF
Micro model	31/12/2023	26/04/2024	30/04/2024	Dutch	PDF
Micro model	31/12/2022	28/04/2023	23/05/2023	Dutch	PDF
Micro model	31/12/2021	29/04/2022	07/06/2022	Dutch	PDF
Micro model	31/12/2020	30/04/2021	21/05/2021	Dutch	PDF
Micro model	31/12/2019	24/04/2020	19/06/2020	Dutch	PDF
Micro model	31/12/2018	28/06/2019	25/07/2019	Dutch	PDF
Micro model	31/12/2017	27/04/2018	05/06/2018	Dutch	PDF
Micro model	31/12/2016	28/04/2017	25/07/2017	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

Astrid Vanderborght

Mandate

Active

Ended mandates

Astrid Vanderborght

Administrator - manager · since 17 mai 2016

Ended

Astrid VANDERBORGHT

Manager · since 17 mai 2016

Ended

Astrid VANDERBORGHT

Director

Ended

Astrid VANDERBORGHT

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/05/2023
WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Other16/06/2016
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 202533,5 k €↑
2024
Annual accounts 202421,7 k €↓
2023
Annual accounts 202322,3 k €↑
2023
Name changeSTUDIO BOILER
2022
Annual accounts 202217,8 k €↓
2021
Annual accounts 202131,8 k €↑
2021
Name changeAstrid Vanderborght
2020
Annual accounts 202017,7 k €↑
2019
Annual accounts 201917,2 k €↑
2018
Annual accounts 20185,9 k €↑
2017
Annual accounts 2017-7,4 k €↓
2016
Annual accounts 20169,2 k €
06/06/2016
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 BOILER

Overview

What does STUDIO BOILER do?

Trend over 10 financial years

Indicative valuation

Board of directors

Other companies at this address

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