ACTIVE

STUDIO89

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Financial year 2025 · closed on 31/12/2025
Net result
17,6 k €
+147.4% YoY
Gross margin
44,5 k €
+2769.2% YoY
Equity
165,1 k €
+11.9% YoY

What does STUDIO89 do?

STUDIO89 is a Private limited company incorporated in 2009. Its main activity is: Support activities to performing arts. Its registered office is in Waterloo.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0819.524.690
Incorporation
21/09/2009
Legal form
Private limited company
Registered office
Clos des Essarts 7
1410 Waterloo · WallonieSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
90023Support activities to performing arts· main90393Creative, arts and entertainment activities73110Advertising agencies73110Advertising agencies
Joint committees (1)
  • 200
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 11 financial years

20252024202320222021202020192018201720162015
Income statement
Gross margin44,5 k €-1,7 k €28,8 k €-3,2 k €41,6 k €22,2 k €14,4 k €38,6 k €26,9 k €18 k €30,3 k €
EBITDA38,2 k €-17,4 k €24 k €-5,1 k €38,5 k €13,7 k €-727,3 €34,1 k €23,7 k €15,4 k €28,5 k €
Operating result18,2 k €-41 k €11,5 k €-9,7 k €29,9 k €3,6 k €-12 k €25 k €17,2 k €3,7 k €16,8 k €
Net result17,6 k €-37,1 k €7,2 k €-11,6 k €26,1 k €2 k €-13,4 k €20,4 k €12,6 k €1,2 k €9,4 k €
Balance sheet
Equity165,1 k €147,5 k €184,5 k €177,3 k €188,9 k €162,8 k €160,9 k €174,3 k €153,9 k €141,3 k €140 k €
Total assets270,1 k €283,6 k €289,4 k €254,7 k €266 k €219,4 k €226,6 k €244,1 k €211,4 k €191 k €187 k €
Cash90,9 k €47,4 k €162,1 k €154,5 k €189 k €172,1 k €166,8 k €166,4 k €162 k €123,7 k €134,3 k €
Debts105 k €136,1 k €104,8 k €77,4 k €77,1 k €56,6 k €65,8 k €69,9 k €57,6 k €49,8 k €46,9 k €
Other
Workforce–––––––0,2 ETP–––
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

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

Active mandates

Christophe GILLAIN

Manager

Active
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date25/08/202621/08/202515/08/202422/08/202328/06/202225/08/2021
General meeting01/06/202602/06/202503/06/202405/06/202306/06/202207/06/2021
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202501/06/202625/08/2026FrenchPDF
Micro model31/12/202402/06/202521/08/2025FrenchPDF
Micro model31/12/202303/06/202415/08/2024FrenchPDF
Micro model31/12/202205/06/202322/08/2023FrenchPDF
Micro model31/12/202106/06/202228/06/2022FrenchPDF
Micro model31/12/202007/06/202125/08/2021FrenchPDF
Micro model31/12/201901/06/202008/10/2020FrenchPDF
Abridged model31/12/201803/06/201912/09/2019FrenchPDF
Abridged model31/12/201704/06/201828/08/2018FrenchPDF
Abridged model31/12/201605/06/201725/08/2017FrenchPDF
Abridged model31/12/201517/05/201630/08/2016FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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

Active mandates

Christophe GILLAIN

Manager

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates18/12/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
    PDF
  • Mandates12/01/2016
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    PDF
  • Mandates09/11/2009
    DEMISSIONS, NOMINATIONS
    PDF
  • Other21/10/2009
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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. 2025
    Annual accounts 202517,6 k €↑
  2. 2024
    Annual accounts 2024-37,1 k €↓
  3. 2023
    Annual accounts 20237,2 k €↑
  4. 2022
    Annual accounts 2022-11,6 k €↓
  5. 2021
    Annual accounts 202126,1 k €↑
  6. 2020
    Annual accounts 20202 k €↑
  7. 2019
    Annual accounts 2019-13,4 k €↓
  8. 2018
    Annual accounts 201820,4 k €↑
  9. 2017
    Annual accounts 201712,6 k €↑
  10. 2016
    Annual accounts 20161,2 k €↓
  11. 2015
    Annual accounts 20159,4 k €
  12. 21/09/2009
    IncorporationPrivate limited company