Skip to content

ADD VISION

Active
Private limited company (pre-2019)founded 200521 yrs activeKorenbloemstraat 7, 9820 Merelbeke-Melle, BelgiumKBO/BCE: BE 0875.341.559

ADD VISION has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €102k and a net result of €104k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 38% of 31523 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
89 / 100
Excellent▲ +73 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency71▲+33
Growth78▲+20
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.38 against 0.72 in 2024), and 59.1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 21 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
40.9%
Return on assets
41.6%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 05-01-2026, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
5 d late
2024
6 d late
2023
9 d late
2022
on the day
2021
9 d early
2020
4 d late
2019
15 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-05-2026 and is due by 31-12-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-05-2026 close14-09-2026 today31-12-2026 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€102k
2024 · €-2k
2019: €27k 2020: €22k 2021: €7k 2022: €1k 2023: €-5k 2024: €-2k
2019 → 2025
Total assets
€250k▲ 76.9%
2024 · €141k
2019: €104k 2020: €85k 2021: €53k 2022: €119k 2023: €135k 2024: €141k
2019 → 2025
Net result
€104k▲ 3,476%
2024 · €3k
2019: €-5k 2020: €-6k 2021: €-15k 2022: €-5k 2023: €-6k 2024: €3k
2019 → 2025
Working capital
€55k
2024 · €-39k
2019: €6k 2020: €2k 2021: €-10k 2022: €-22k 2023: €-48k 2024: €-39k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€7k-€1k▼ 79.0%€-5k€-2k▲ 61.6%€102k
Operating result€-13k-€-4k▲ 69.0%€-4k▼ 8.0%€4k€137k▲ 3,388%
Net result€-15k-€-5k▲ 63.8%€-6k▼ 14.3%€3k€104k▲ 3,476%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100k€150kOperating result 2021: €-13k€-13kNet result 2021: €-15k€-15kOperating result 2022: €-4k€-4kNet result 2022: €-5k€-5kOperating result 2023: €-4k€-4kNet result 2023: €-6k€-6kOperating result 2024: €4k€4kNet result 2024: €3k€3kOperating result 2025: €137k€137kNet result 2025: €104k€104k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 3,388% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €250k
Fixed assets €50k▲ 21.6%
Current assets €200k▲ 99.4%
Equity and liabilities €250k
Equity €102k
Debt €148k
Debt finances 59.1% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
€146k
2024 · €10k
Cash flow
€113k
2024 · €9k
Solvency
40.9%
2024 · -1.3%
Current ratio
1.38
2024 · 0.72
Quick ratio
1.10
2024 · 0.41
Debt / equity
1.44
2024 · -78.80
ROE
101.8%
2024 · -160.3%
ROA
41.6%
2024 · 2.1%
Interest coverage
210.27
2024 · 14.88
Debt
€148k
2024 · €143k
Debt ≤ 1 year
€145k
2024 · €140k
Income taxes
€33k
2024 · €357
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€141k€250k
Fixed assets21/28€41k€50k
Intangible fixed assets21€1€1=
Tangible fixed assets22/27€41k€50k
Land and buildings22€41k€35k
Furniture and vehicles24-€14k
Current assets29/58€100k€200k
Stocks and contracts in progress3€43k€41k
Stocks30/36€43k€41k
Amounts receivable within one year40/41€21k€2k
Trade receivables40€20k€2k
Other amounts receivable41€210€198
Cash at bank and in hand54/58€35k€153k
Deferred charges and accrued income490/1€3k€4k
Equity and liabilities
Total equity and liabilities10/49€141k€250k
Equity10/15€-2k€102k
Contributions10/11€12k€12k=
Reserves13€15k€90k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€3k€3k=
Distributable reserves133€10k€85k
Profit (loss) carried forward14€-29k-
Amounts payable17/49€143k€148k
Amounts payable within one year42/48€140k€145k
Financial debts43-€13
Credit institutions430/8-€13
Trade debts44€3k€5k
Suppliers440/4€3k€5k
Taxes, remuneration and social security45€964€6k
Taxes450/3€964€6k
Other amounts payable47/48€135k€134k
Accrued charges and deferred income492/3€3k€3k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€9k
Other operating charges640/8€3k€3k
Gross operating margin9900€13k€149k
Operating profit (loss)9901€4k€137k
Financial income75/76B€3€284
Recurring financial income75€3€284
Financial charges65/66B€674€694
Recurring financial charges65€674€694
Profit (loss) for the period before taxes9903€3k€137k
Income taxes67/77€357€33k
Profit (loss) for the period9904€3k€104k
Profit (loss) for the period to be appropriated9905€3k€104k
Appropriation of the result
Profit (loss) to be appropriated9906€-29k€75k
Profit (loss) brought forward from the previous period14P€-32k€-29k
Transfer to equity691/2-€75k
To other reserves6921-€75k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-12-2026
2026
05-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 5 days late
2025
31-05
Financial Highest result since 2019net €104k ▲3476%
Operating result €137k, net result €104k, both a record.
31-05
Financial Equity above €100kEq €102k
2 profitable years in a row build equity to €102k.
06-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
2024
31-05
Financial Back to profitnet €3k
Net result €3k after 5 loss-making years.
09-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2022
31-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
22-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
31-05
Financial Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
04-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 4 days late
2020
15-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 15 days late
2019
15-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 15 days late
2018
12-01
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 12 days late
2016
13-01
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Merelbeke-Melle · 1 establishment unit since 2005
establishment The establishment unit on the map
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.

Korenbloemstraat 79820 Merelbeke-Melle
Ground area
1,417 m²
Building footprint
157 m²
Volume, LiDAR
921 m³
Parcel 44058B0252/00L000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ADD VISION
Korenbloemstraat 7, 9820 Merelbeke-MelleNACE 70120
since 20052.148.681.147
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44058B0252/00L000 Flanders 1,417 m² 1 · 157 m² 9.2 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.

Similar companies · same sector, comparable size

Of 82,218 companies in sector 70200 we hold annual accounts for 52,396. 40,483 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded29-07-2005
Fiscal year end31-05
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
47120Other non-specialised retail sale
47711Retail sale of women's outerwear
47712Retail trade
47910Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.