AUTHENTIC VISUAL COMMUNICATION
ActiveSummary
AUTHENTIC VISUAL COMMUNICATION has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €724k and a net result of €11k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 65% of 3489 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▲+1
Solvency91▼-2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 3.71 against 2.92 in 2024; short-term debt: 6.2% and cash: 10% of total assets), and 34% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
66%
Return on assets
1%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-01-2026, 5 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
5 d early
2024
25 d early
2022
141 d late
2021
46 d early
2020
47 d late
2019
75 d late
2018
42 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€724k▲ 1.5%
2024 · €713k
2018: €201k
2019: €209k▲ +3.9% vs 2018
2020: €93k▼ -55.5% vs 2019lowest value
2021: €104k▲ +11.2% vs 2020
2022: €712k▲ +587% vs 2021
2024: €713k
2025: €724k▲ +1.5% vs 2024highest value
2018 → 2025
Total assets
€1.10M▲ 4.9%
2024 · €1.04M
2018: €451k
2019: €600k▲ +32.8% vs 2018
2020: €543k▼ -9.5% vs 2019
2021: €388k▼ -28.6% vs 2020lowest value
2022: €1.09M▲ +181% vs 2021
2024: €1.04M
2025: €1.10M▲ +4.9% vs 2024highest value
2018 → 2025
Net result
€11k▲ 630%
2024 · €1k
2018: €8k
2019: €8k▼ -2.0% vs 2018
2020: €-116k▼ -1583% vs 2019lowest value
2021: €-40k▲ +65.6% vs 2020
2022: €91k▲ +329% vs 2021highest value
2024: €1k
2025: €11k▲ +630% vs 2024
2018 → 2025
Working capital
€183k▲ 30.8%
2024 · €140k
2018: €107k
2019: €114k▲ +6.2% vs 2018
2020: €105k▼ -7.7% vs 2019
2021: €-6k▼ -105% vs 2020lowest value
2022: €74k▲ +1423% vs 2021
2024: €140k
2025: €183k▲ +30.8% vs 2024highest value
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220242025Trend
Equity€93k-€104k▲ 11.2%€712k▲ 587%€713k▲ 0.2%€724k▲ 1.5%
2020: €93klowest value
2021: €104k▲ +11.2% vs 2020
2022: €712k▲ +587% vs 2021
2024: €713k
2025: €724k▲ +1.5% vs 2024highest value
Operating result€-113k-€-33k▲ 70.5%€96k€7k▼ 92.5%€17k▲ 133%
2020: €-113klowest value
2021: €-33k▲ +70.5% vs 2020
2022: €96k▲ +389% vs 2021highest value
2024: €7k
2025: €17k▲ +133% vs 2024
Net result€-116k-€-40k▲ 65.6%€91k€1k▼ 98.4%€11k▲ 630%
2020: €-116klowest value
2021: €-40k▲ +65.6% vs 2020
2022: €91k▲ +329% vs 2021highest value
2024: €1k
2025: €11k▲ +630% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 133% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.10M
Fixed assets
€845k ▲ 1.7%
Current assets
€251k ▲ 17.7%
Equity and liabilities €1.10M
Equity
€724k ▲ 1.5%
Debt
€373k ▲ 12.3%
Debt's share of the balance-sheet total rises from 31.8% to 34.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€71k▼
2024 · €116k
Cash flow
€65k▼
2024 · €110k
Current ratio
3.71▲
2024 · 2.92
Quick ratio
2.51▲
2024 · 1.85
Debt to equity
0.51▲
2024 · 0.47
ROE
1.5%▲
2024 · 0.2%
ROA
1.0%▲
2024 · 0.1%
Interest coverage
11.25▼
2024 · 17.44
Debt ≤ 1 year
€68k▼
2024 · €73k
Debt > 1 year
€300k▲
2024 · €254k
Income taxes
€345▼
2024 · €529
Staff costs
€93k▼
2024 · €125k
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 · 2025 against 2024 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.04M€1.10M▲
Fixed assets21/28€832k€845k▲
Intangible fixed assets21€258k€258k=
Tangible fixed assets22/27€566k€580k▲
Land and buildings22€8k€6k▼
Plant, machinery and equipment23€419k€463k▲
Furniture and vehicles24€134k€110k▼
Leasing and similar rights25€5k-
Financial fixed assets28€8k€8k=
Current assets29/58€213k€251k▲
Stocks and contracts in progress3€78k€81k▲
Stocks30/36€78k€81k▲
Amounts receivable within one year40/41€104k€56k▼
Trade receivables40€74k€35k▼
Other amounts receivable41€30k€21k▼
Cash at bank and in hand54/58€30k€110k▲
Deferred charges and accrued income490/1€1k€3k▲
Equity and liabilities
Total equity and liabilities10/49€1.04M€1.10M▲
Equity10/15€713k€724k▲
Contributions10/11€279k€279k=
Capital10€279k€279k=
Issued capital100€279k€279k=
Revaluation surpluses12€417k€417k=
Reserves13€16k€16k=
Non-distributable reserves130/1€16k€16k=
Legal reserve130€16k€16k=
Profit (loss) carried forward14€1k€12k▲
Amounts payable17/49€332k€373k▲
Amounts payable after more than one year17€254k€300k▲
Financial debts170/4-€46k
Other amounts payable178/9€254k€254k=
Amounts payable within one year42/48€73k€68k▼
Current portion of amounts payable after more than one year42€9k€16k▲
Trade debts44€34k€24k▼
Suppliers440/4€34k€24k▼
Taxes, remuneration and social security45€30k€28k▼
Taxes450/3€4k€4k▼
Remuneration and social security454/9€25k€23k▼
Accrued charges and deferred income492/3€5k€5k=
Income statement
Code20242025
Non-recurring operating income76A€9k-
Remuneration, social security and pensions62€125k€93k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€108k€55k▼
Other operating charges640/8€7k€6k▼
Gross operating margin9900€247k€171k▼
Operating profit (loss)9901€7k€17k▲
Financial income75/76B€1k€634▼
Recurring financial income75€1k€634▼
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€2k€11k▲
Income taxes67/77€529€345▼
Profit (loss) for the period9904€1k€11k▲
Profit (loss) for the period to be appropriated9905€1k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1k€12k▲
Profit (loss) brought forward from the previous period14P€-115€1k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €14 | €2k | €9k | - | - |
| Remuneration, social security and pensions62 | - | €54k | €67k | €125k | €93k | ▼ 25.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €88k | €82k | €78k | €108k | €55k | ▼ 49.7% |
| Other operating charges640/8 | - | €4k | €6k | €7k | €6k | ▼ 8.6% |
| Gross operating margin9900 | €107k | €107k | €247k | €247k | €171k | ▼ 31.0% |
| Operating profit (loss)9901 | €-113k | €-33k | €96k | €7k | €17k | ▲ 133% |
| Financial income75/76B | - | €526 | €964 | €1k | €634 | ▼ 55.0% |
| Recurring financial income75 | €4k | €526 | €964 | €1k | €634 | ▼ 55.0% |
| Financial charges65/66B | - | €7k | €6k | €7k | €6k | ▼ 4.3% |
| Recurring financial charges65 | €6k | €7k | €6k | €7k | €6k | ▼ 4.3% |
| Profit (loss) for the period before taxes9903 | €-116k | €-40k | €91k | €2k | €11k | ▲ 454% |
| Income taxes67/77 | €455 | - | €260 | €529 | €345 | ▼ 34.8% |
| Profit (loss) for the period9904 | €-116k | €-40k | €91k | €1k | €11k | ▲ 630% |
| Profit (loss) for the period to be appropriated9905 | €-116k | €-40k | €91k | €1k | €11k | ▲ 630% |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €543k | €388k | €1.09M | €1.04M | €1.10M | ▲ 4.9% |
| Fixed assets21/28 | €272k | €241k | €883k | €832k | €845k | ▲ 1.7% |
| Intangible fixed assets21 | - | - | €258k | €258k | €258k | = |
| Tangible fixed assets22/27 | €268k | €233k | €617k | €566k | €580k | ▲ 2.4% |
| Land and buildings22 | - | €12k | €10k | €8k | €6k | ▼ 21.8% |
| Plant, machinery and equipment23 | - | €3k | €424k | €419k | €463k | ▲ 10.5% |
| Furniture and vehicles24 | - | €119k | €132k | €134k | €110k | ▼ 17.6% |
| Leasing and similar rights25 | - | €99k | €51k | €5k | - | - |
| Financial fixed assets28 | €4k | €8k | €8k | €8k | €8k | = |
| Current assets29/58 | €271k | €147k | €206k | €213k | €251k | ▲ 17.7% |
| Stocks and contracts in progress3 | €99k | €94k | €50k | €78k | €81k | ▲ 3.5% |
| Stocks30/36 | - | €94k | €50k | €78k | €81k | ▲ 3.5% |
| Amounts receivable within one year40/41 | €67k | €41k | €27k | €104k | €56k | ▼ 46.0% |
| Trade receivables40 | - | €37k | €482 | €74k | €35k | ▼ 53.0% |
| Other amounts receivable41 | - | €5k | €26k | €30k | €21k | ▼ 28.7% |
| Cash at bank and in hand54/58 | €103k | €7k | €128k | €30k | €110k | ▲ 273% |
| Deferred charges and accrued income490/1 | - | €5k | €1k | €1k | €3k | ▲ 228% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €543k | €388k | €1.09M | €1.04M | €1.10M | ▲ 4.9% |
| Equity10/15 | €93k | €104k | €712k | €713k | €724k | ▲ 1.5% |
| Contributions10/11 | €179k | €179k | €279k | €279k | €279k | = |
| Capital10 | - | €179k | €279k | €279k | €279k | = |
| Issued capital100 | - | €179k | €279k | €279k | €279k | = |
| Revaluation surpluses12 | - | - | €417k | €417k | €417k | = |
| Reserves13 | €11k | €11k | €16k | €16k | €16k | = |
| Non-distributable reserves130/1 | - | €11k | €16k | €16k | €16k | = |
| Legal reserve130 | - | €11k | €16k | €16k | €16k | = |
| Profit (loss) carried forward14 | €-97k | €-87k | €-115 | €1k | €12k | ▲ 792% |
| Amounts payable17/49 | €450k | €284k | €377k | €332k | €373k | ▲ 12.3% |
| Amounts payable after more than one year17 | €279k | €127k | €240k | €254k | €300k | ▲ 18.2% |
| Financial debts170/4 | - | €127k | €26k | - | €46k | - |
| Other amounts payable178/9 | - | - | €214k | €254k | €254k | = |
| Amounts payable within one year42/48 | €166k | €153k | €132k | €73k | €68k | ▼ 7.4% |
| Current portion of amounts payable after more than one year42 | - | €113k | €103k | €9k | €16k | ▲ 76.4% |
| Trade debts44 | €23k | €27k | €11k | €34k | €24k | ▼ 29.3% |
| Suppliers440/4 | - | €27k | €11k | €34k | €24k | ▼ 29.3% |
| Taxes, remuneration and social security45 | - | €13k | €18k | €30k | €28k | ▼ 7.3% |
| Taxes450/3 | - | €1k | €2k | €4k | €4k | ▼ 5.6% |
| Remuneration and social security454/9 | - | €11k | €16k | €25k | €23k | ▼ 7.6% |
| Accrued charges and deferred income492/3 | - | €5k | €5k | €5k | €5k | = |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-116k | €-40k | €91k | €1k | €11k | ▲ 630% |
| + Depreciation and write-downs630 | €88k | €82k | €78k | €108k | €55k | ▼ 49.7% |
| Operating cash flow (approximation) | €-29k | €42k | €169k | €110k | €65k | ▼ 40.6% |
| Investment in fixed assets (approximation) | - | €-51k | €-720k | - | €-68k | - |
| Change in cash | - | €-96k | €121k | - | €81k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
06-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
19-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 141 days late
2022
31-12
Financial
Back to profitnet €91k
Net result €91k after 2 loss-making years.
31-12
Financial
Equity above €500kEq €712k ▲587%
Equity rises from €104k to €712k.
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €104k ▲11.2%
Equity rises from €93k to €104k.
16-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 47 days late
2020
31-12
Financial
Weakest financial yearnet €-116k
Net result drops to €-116k, the lowest in the series; recovery starts the following year.
14-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 75 days late
2019
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
07-02
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 191 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Sint-Gillis (bij-Brussel) · 1 establishment unit since 1981
Ground area
539 m²
Building footprint
535 m²
Volume, LiDAR
6,730 m³
Parcel 21013B0046/00P003, Brussels · tallest building 23.6 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Sint-Bernardusstraat 9, 1060 Sint-Gillis (bij-Brussel)
since 19812.019.501.792
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21013B0046/00P003 | Brussels | 539 m² | 1 · 535 m² | 23.6 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 982 companies in sector 74209 we hold annual accounts for 143. 58 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded08-10-1981
Fiscal year end30-06
Abbreviation NL
AUTHENTIC
Activities, NACEBEL 2025
18130Pre-press and pre-media services
74209Other photographic activities
Scores and ratios are computed by Checked and are not a credit decision.