Visah
ActiveVisah has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-15k) and a net result of €-18k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 2295 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
34
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-56
Solvency0▼-33
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Age of the figures
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sector 93
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-15k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-02-2026, 171 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
171 d early
2024
9 d early
2023
1 d early
2022
3 d early
2021
47 d late
2020
144 d late
2019
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-15k
2024 · €2k
2018: €-34k
2019: €5k
2020: €-223k
2021: €-41k
2022: €13k
2023: €6k
2024: €2k
2018 → 2025
Total assets
€3k▼ 91.6%
2024 · €31k
2018: €12k
2019: €480k
2020: €139k
2021: €46k
2022: €24k
2023: €18k
2024: €31k
2018 → 2025
Net result
€-18k▼ 448%
2024 · €-3k
2018: €-40k
2019: €39k
2020: €-229k
2021: €182k
2022: €54k
2023: €-7k
2024: €-3k
2018 → 2025
Working capital
€-15k▼ 92.5%
2024 · €-8k
2018: €-38k
2019: €137k
2020: €-247k
2021: €-61k
2022: €-2k
2023: €-7k
2024: €-8k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-41k-€13k€6k▼ 55.7%€2k▼ 56.9%€-15k
Operating result€183k-€63k▼ 65.3%€-7k€3k€-4k
Net result€182k-€54k▼ 70.3%€-7k€-3k▲ 54.8%€-18k▼ 448%
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 turns negative in 2025: a loss of €4k after €3k in 2024.
Key figures and ratios
EBITDA
€-4k▼
2024 · €6k
Cash flow
€-18k▼
2024 · €-691
Interest coverage
-15.04▼
2024 · 51.88
Debt
€18k▼
2024 · €28k
Debt ≤ 1 year
€18k▼
2024 · €28k
Income taxes
€14k▲
2024 · €7k
Ratios withheld: a balance sheet total of €3k is too small for a meaningful ratio.
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€31k€3k▼
Fixed assets21/28€10k€0▼
Tangible fixed assets22/27€10k€0▼
Plant, machinery and equipment23€10k€0▼
Current assets29/58€20k€3k▼
Amounts receivable within one year40/41€5k€2k▼
Trade receivables40-€2k
Other amounts receivable41€5k€0▼
Cash at bank and in hand54/58€37€754▲
Deferred charges and accrued income490/1€15k€0▼
Equity and liabilities
Total equity and liabilities10/49€31k€3k▼
Equity10/15€2k€-15k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€-4k€-22k▼
Amounts payable17/49€28k€18k▼
Amounts payable within one year42/48€28k€18k▼
Trade debts44€3k€209▼
Suppliers440/4€3k€209▼
Taxes, remuneration and social security45-€1k
Taxes450/3-€1k
Other amounts payable47/48€26k€16k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€0▼
Other operating charges640/8€387€0▼
Non-recurring operating charges66A-€2k
Gross operating margin9900€6k€-2k▼
Operating profit (loss)9901€3k€-4k▼
Financial income75/76B€296€0▼
Recurring financial income75€296€0▼
Financial charges65/66B€114€255▲
Recurring financial charges65€114€255▲
Profit (loss) for the period before taxes9903€4k€-4k▼
Income taxes67/77€7k€14k▲
Profit (loss) for the period9904€-3k€-18k▼
Profit (loss) for the period to be appropriated9905€-3k€-18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€-22k▼
Profit (loss) brought forward from the previous period14P€-507€-4k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
16-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 47 days late
2021
31-12
Financial
Back to profitnet €182k
Net result €182k after one loss-making year.
22-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 144 days late
2020
31-12
Financial
Weakest financial yearnet €-229k ▼690%
Net result drops to €-229k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Back to profitnet €39k
Net result €39k after one loss-making year.
31-12
Financial
Liquidity times 15current ratio 2.65
Current ratio from 0.18 to 2.65.
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
19-02-2026
Resigned as Manager
Location & real-estate footprint
Registered office, Grimbergen · 1 establishment unit since 2018
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.
Meerstraat 1881851 GrimbergenGround area
482 m²
Building footprint
126 m²
Volume, LiDAR
1,005 m³
Parcel 23036C0247/00B000, Flanders · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
VISAH
since 20182.273.483.723
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23036C0247/00B000 | Flanders | 482 m² | 1 · 126 m² | 11.5 m · 3 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.
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Of 1,408 companies in sector 93129 we hold annual accounts for 172. 61 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-02-2018
Fiscal year end31-12
Activities, NACEBEL
93129Activities of other sports clubs
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:wim@bmrconsultancy.be