Summary
Visionbuild is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €75k and a net result of €109k. Equity is shrinking by ~17% per year across the filed fiscal years. Its solvency ranks better than 13% of 9863 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 9863 sector peers (2024).
NBB · sector comparisonPosition among 9863 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-06-2025, 51 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
51 d early
2023
30 d early
2022
35 d early
2021
34 d early
2020
40 d early
2019
58 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€75k▼ 54.8%
2023 · €166k
2019: €97k
2020: €284k
2021: €312k
2022: €275k
2023: €166k
2019 → 2024
Net result
€109k▼ 10.2%
2023 · €121k
2019: €97k
2020: €187k
2021: €58k
2022: €118k
2023: €121k
2019 → 2024
Total assets
€871k▼ 12.4%
2023 · €995k
2019: €133k
2020: €424k
2021: €1.02M
2022: €1.22M
2023: €995k
2019 → 2024
Solvency
8.6%▼ 8.1pp
2023 · 16.7%
2019: 73.0%
2020: 67.0%
2021: 30.7%
2022: 22.6%
2023: 16.7%
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€284k-€312k▲ 9.8%€275k▼ 12.0%€166k▼ 39.5%€75k▼ 54.8%
Operating result€199k-€75k▼ 62.4%€181k▲ 142%€208k▲ 15.3%€266k▲ 27.5%
Net result€187k-€58k▼ 69.0%€118k▲ 103%€121k▲ 3.2%€109k▼ 10.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 28% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €871k
Fixed assets
€817k ▼ 4.5%
Current assets
€55k ▼ 60.9%
Equity and liabilities €871k
Equity
€75k ▼ 54.8%
Debt
€796k ▼ 3.9%
Debt's share of the balance-sheet total rises from 83.3% to 91.4%. Equity and debt are lower.
Key figures and ratios
ROE
145.1%▲
2023 · 73.1%
ROA
12.5%▲
2023 · 12.2%
Debt ≤ 1 year
€225k▲
2023 · €212k
Debt > 1 year
€571k▼
2023 · €617k
Income taxes
€35k▼
2023 · €39k
Staff costs
€208▲
2023 · €204
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 · 51 lines
Balance sheet
Code20232024
Assets
Total assets20/58€995k€871k▼
Fixed assets21/28€855k€817k▼
Tangible fixed assets22/27€855k€817k▼
Land and buildings22€833k€808k▼
Furniture and vehicles24€17k€4k▼
Other tangible fixed assets26€6k€5k▼
Assets under construction and advance payments27€0-
Current assets29/58€140k€55k▼
Amounts receivable within one year40/41€103k€32k▼
Trade receivables40€33k€32k▼
Other amounts receivable41€70k€0▼
Current investments50/53€29k€0▼
Cash at bank and in hand54/58€2k€19k▲
Deferred charges and accrued income490/1€7k€4k▼
Equity and liabilities
Total equity and liabilities10/49€995k€871k▼
Equity10/15€166k€75k▼
Contributions10/11€1k€1k=
Reserves13-€74k
Distributable reserves133-€74k
Profit (loss) carried forward14€165k€0▼
Amounts payable17/49€829k€796k▼
Amounts payable after more than one year17€617k€571k▼
Financial debts170/4€617k€571k▼
Amounts payable within one year42/48€212k€225k▲
Current portion of amounts payable after more than one year42€45k€45k▲
Financial debts43€2k€0▼
Credit institutions430/8€2k€0▼
Trade debts44€2k€8k▲
Suppliers440/4€2k€8k▲
Taxes, remuneration and social security45€89k€52k▼
Taxes450/3€89k€52k▼
Other amounts payable47/48€74k€120k▲
Income statement
Code20232024
Remuneration, social security and pensions62€204€208▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€32k▼
Other operating charges640/8€3k€6k▲
Gross operating margin9900€252k€303k▲
Operating profit (loss)9901€208k€266k▲
Financial income75/76B€39k€80k▲
Recurring financial income75€39k€80k▲
Financial charges65/66B€87k€202k▲
Recurring financial charges65€87k€202k▲
Profit (loss) for the period before taxes9903€160k€144k▼
Income taxes67/77€39k€35k▼
Profit (loss) for the period9904€121k€109k▼
Profit (loss) for the period to be appropriated9905€121k€109k▼
Appropriation of the result
Profit (loss) to be appropriated9906€395k€274k▼
Profit (loss) brought forward from the previous period14P€274k€165k▼
Transfer to equity691/2-€74k
To other reserves6921-€74k
Profit to be distributed694/7€230k€200k▼
Return on contributions (dividend)694€230k€200k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €58k ▼69%
Net result drops to €58k, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2019net €187k ▲91.9%
Net result €187k, the highest in the series.
31-12
Financial
Equity above €200kEq €284k ▲192%
2 profitable years in a row build equity to €284k.
03-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Oudenaarde · 1 establishment unit since 2019
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.
Weldenstraat 1019700 OudenaardeGround area
1,956 m²
Building footprint
192 m²
Volume, LiDAR
1,177 m³
Parcel 45054B0511/00D000, Flanders · tallest building 11.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Visionbuild
since 20192.292.086.838
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45054B0511/00D000 | Flanders | 1,956 m² | 1 · 192 m² | 11.7 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.
Recognitions · licences · registrations
Legal Entity Identifier
5493006MG5K1CMTQVN44
Similar companies · same sector, comparable size
ARCIUS
BE 0754.436.504
Waregem · Eq €75,129
GMP CONSULTING
BE 0759.546.127
Wevelgem · Eq €75,080
Innovesta
BE 0740.526.308
Brecht · Eq €75,062
ProjectS
BE 0732.546.275
Antwerpen · Eq €75,061
DeCagena
BE 0787.849.044
Middelkerke · Eq €75,167
Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 11,591 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
Founded16-07-2019
Fiscal year end31-12
Abbreviation NL
VB
Activities, NACEBEL 2025
64210Activities of holding companies
47690Retail sale of other cultural and recreation goods
79120Travel agency, tour operator and other reservation service and related activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.