AD-VISIO
ActiveSummary
AD-VISIO has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €186k and a net result of €76k. Equity is growing by ~63% per year across the filed fiscal years. Its solvency ranks better than 92% of 2542 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days only on tighter terms
Liquidity ample (current ratio 12.66 against 10.85 in 2023; short-term debt: 7.5% and cash: 31.8% of total assets), and 7.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Sector 85
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
92.5%
Return on assets
37.8%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-11-2025, 113 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
113 d late
2023
11 d late
2022
15 d early
2021
21 d early
2020
17 d late
2019
50 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€186k▲ 69.2%
2023 · €110k
2018: €-10k
2019: €-10k
2020: €20k
2021: €48k
2022: €78k
2023: €110k
2018 → 2024
Total assets
€201k▲ 67.3%
2023 · €120k
2018: €29k
2019: €25k
2020: €49k
2021: €51k
2022: €83k
2023: €120k
2018 → 2024
Net result
€76k▲ 143%
2023 · €31k
2018: €16k
2019: €-759
2020: €31k
2021: €27k
2022: €31k
2023: €31k
2018 → 2024
Working capital
€176k▲ 73.3%
2023 · €102k
2018: €-12k
2019: €-15k
2020: €16k
2021: €40k
2022: €69k
2023: €102k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€20k-€48k▲ 136%€78k▲ 64.6%€110k▲ 39.8%€186k▲ 69.2%
Operating result€36k-€39k▲ 6.4%€46k▲ 18.0%€31k▼ 32.3%€106k▲ 243%
Net result€31k-€27k▼ 10.4%€31k▲ 12.2%€31k▲ 1.4%€76k▲ 143%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 243% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €201k
Fixed assets
€10k ▲ 18.4%
Current assets
€191k ▲ 70.8%
Equity and liabilities €201k
Equity
€186k ▲ 69.2%
Debt
€15k ▲ 46.5%
Debt's share of the balance-sheet total falls from 8.6% to 7.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€111k▲
2023 · €35k
Cash flow
€80k▲
2023 · €35k
Current ratio
12.66▲
2023 · 10.85
Debt to equity
0.08▼
2023 · 0.09
ROE
40.9%▲
2023 · 28.5%
ROA
37.8%▲
2023 · 26.0%
Interest coverage
2081.08▲
2023 · -387.17
Debt ≤ 1 year
€15k▲
2023 · €10k
Income taxes
€30k▲
2023 · €23k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€120k€201k▲
Fixed assets21/28€8k€10k▲
Tangible fixed assets22/27€8k€10k▲
Plant, machinery and equipment23€7k€9k▲
Furniture and vehicles24€1k€692▼
Current assets29/58€112k€191k▲
Amounts receivable within one year40/41€99k€127k▲
Trade receivables40€68k€88k▲
Other amounts receivable41€31k€40k▲
Cash at bank and in hand54/58€11k€64k▲
Deferred charges and accrued income490/1€2k€0▼
Equity and liabilities
Total equity and liabilities10/49€120k€201k▲
Equity10/15€110k€186k▲
Contributions10/11€6k€6k=
Reserves13€103k€179k▲
Distributable reserves133€103k€179k▲
Amounts payable17/49€10k€15k▲
Amounts payable within one year42/48€10k€15k▲
Trade debts44€10k€7k▼
Suppliers440/4€10k€7k▼
Taxes, remuneration and social security45-€8k
Taxes450/3-€8k
Other amounts payable47/48-€734
Income statement
Code20232024
Remuneration, social security and pensions62€7k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€476€1k▲
Gross operating margin9900€42k€112k▲
Operating profit (loss)9901€31k€106k▲
Financial income75/76B€24k€0▼
Recurring financial income75€24k€0▼
Non-recurring financial income76B€24k€0▼
Financial charges65/66B€-90€53▲
Recurring financial charges65€-90€53▲
Profit (loss) for the period before taxes9903€55k€106k▲
Income taxes67/77€23k€30k▲
Profit (loss) for the period9904€31k€76k▲
Profit (loss) for the period to be appropriated9905€31k€76k▲
Appropriation of the result
Profit (loss) to be appropriated9906€31k€76k▲
Transfer to equity691/2€31k€76k▲
To other reserves6921€31k€76k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
21-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 113 days late
2024
31-12
Financial
Highest result since 2018net €76k ▲143%
Operating result €106k, net result €76k, both a record.
31-12
Financial
Equity above €150kEq €186k ▲69.2%
5 profitable years in a row build equity to €186k.
11-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 11 days late
2023
31-12
Financial
Equity above €100kEq €110k ▲39.8%
4 profitable years in a row build equity to €110k.
16-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
10-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity times 10current ratio 14.82
Current ratio from 1.55 to 14.82; short-term debt falls from €29k to €3k.
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
31-12
Financial
Back to profitnet €31k
Net result €31k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 1.55
Current ratio from 0.58 to 1.55; short-term debt falls from €35k to €29k.
19-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 50 days late
Show earlier events
2019
31-12
Financial
Weakest financial yearnet €-759 ▼105%
Net result drops to €-759, the lowest in the series; recovery starts the following year.
26-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Halen · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Corneliusstraat 283545 HalenGround area
1,745 m²
Building footprint
211 m²
Volume, LiDAR
1,096 m³
Parcel 71020C0071/00M000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AD-VISIO
since 20162.252.444.324
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71020C0071/00M000 | Flanders | 1,745 m² | 1 · 211 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 3,000 EUR awarded · 3,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 3,000 EUR | 3,000 EUR |
Schemes
Corona-compensatiepremie (stopgezet)
Recognitions · licences · registrations
Quality registration as a provider
1 live approvalQuality registration as a provider
Similar companies · same sector, comparable size
KMS
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P4PEOPLE
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Gent · Eq €187,424
LERIAN-ONLINE
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HAGONA
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Of 11,671 companies in sector 85599 we hold annual accounts for 1,329. 970 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-04-2016
Fiscal year end31-12
Activities, NACEBEL 2025
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.