VISU
ActiveSummary
VISU has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €957,304 and a net result of €13,791. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 62% of 9525 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability42▼-3
Solvency89▼-2
Growth65=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.16 against 1.27 in 2023; short-term debt: 34.5% and cash: 1.3% of total assets), and 36.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← 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
63.8%
Return on assets
0.9%
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 28-11-2025, 120 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
120 d late
2023
50 d early
2022
5 d early
2021
13 d early
2020
3 d early
2019
16 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 6 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Turnover
€1.9m▲ 68.3%
2022 · €1.1m
EBIT margin
2.4%▲ 0.5pp
2022 · 1.9%
Net result
€13,791▲ 6.3%
2023 · €12,975
Working capital
€81,185▼ 39.6%
2023 · €134,386
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€1.3m▼ 27.9%€272,584▼ 78.2%€1.1m▲ 311%€1.9m▲ 68.3%
Operating result€84,979€30,980▼ 63.5%€21,218▼ 31.5%€44,782▲ 111%€76,346▲ 70.5%
Net result€22,640within the sector's middle half€13,437within the sector's middle half▼ 40.6%-€10,246below the sector's middle half€12,975within the sector's middle half€13,791within the sector's middle half▲ 6.3%
EBIT margin6.8%▲ 6.9pp11.4%▲ 4.6pp1.9%▼ 9.5pp2.4%▲ 0.5pp
Equity€931,346within the sector's middle half▲ 310%€967,534within the sector's middle half▲ 3.9%€972,288within the sector's middle half▲ 0.5%€985,263within the sector's middle half▲ 1.3%€957,304above the sector's middle half▼ 2.8%
Total assets€1.4mwithin the sector's middle half▲ 90.5%€1.4mwithin the sector's middle half▼ 1.7%€1.5mwithin the sector's middle half▲ 2.3%€1.5mwithin the sector's middle half▲ 3.1%€1.5mabove the sector's middle half▼ 0.1%
Debt€517,730▼ 3.0%€457,167▼ 11.7%€484,477▲ 6.0%€517,234▲ 6.8%€543,045▲ 5.0%
Working capital€59,929within the sector's middle half▲ 38.9%€109,348within the sector's middle half▲ 82.5%€124,043within the sector's middle half▲ 13.4%€134,386within the sector's middle half▲ 8.3%€81,185within the sector's middle half▼ 39.6%
Solvency64.3%within the sector's middle half▲ 34.4pp67.9%within the sector's middle half▲ 3.6pp66.7%within the sector's middle half▼ 1.2pp65.6%within the sector's middle half▼ 1.2pp63.8%within the sector's middle half▼ 1.8pp
Current ratio1.13within the sector's middle half▲ 0.031.26within the sector's middle half▲ 0.131.26within the sector's middle half▲ 0.011.27within the sector's middle half▲ 0.011.16within the sector's middle half▼ 0.12
Return on assets (ROA)1.6%within the sector's middle half▲ 8.0pp0.9%within the sector's middle half▼ 0.6pp-0.7%below the sector's middle half▼ 1.6pp0.9%within the sector's middle half▲ 1.6pp0.9%within the sector's middle half▲ 0.1pp
Staff (FTE)4.1within the sector's middle half▼ 10.9%3.5within the sector's middle half▼ 14.6%4.5within the sector's middle half▲ 28.6%6.5within the sector's middle half▲ 44.4%4.8▼ 26.2%
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2023 Turnover +68% on 2022. This fiscal year ran 18 months, the previous one 12.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 70% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.5m
Fixed assets
€901,651 ▲ 2.5%
Current assets
€598,698 ▼ 3.9%
Equity and liabilities €1.5m
Equity
€957,304 ▼ 2.8%
Debt
€543,045 ▲ 5.0%
Debt's share of the balance-sheet total rises from 34.4% to 36.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€100,743▲
2023 · €63,015
Cash flow
€38,187▲
2023 · €31,208
Quick ratio
0.61▼
2023 · 0.66
Debt to equity
0.57▲
2023 · 0.52
ROE
1.4%▲
2023 · 1.3%
Interest coverage
2.68▼
2023 · 3.66
Debt ≤ 1 year
€517,512▲
2023 · €488,684
Debt > 1 year
€25,532▼
2023 · €28,550
Income taxes
€25,057▲
2023 · €14,967
Staff costs
€203,995▼
2023 · €296,353
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,040 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,040 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €1.3m | €272,584 | €1.1m | €1.9m | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €972,790 | €1.5m | - | - |
| Remuneration, social security and pensions62 | - | - | €85,955 | €296,353 | €203,995 | ▼ 31.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €29,745 | €28,899 | €23,517 | €18,233 | €24,397 | ▲ 33.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €14,350 | - |
| Other operating charges640/8 | - | - | €15,655 | €54,615 | €12,521 | ▼ 77.1% |
| Gross operating margin9900 | €278,941 | €78,335 | €146,346 | €413,983 | €331,610 | ▼ 19.9% |
| Operating profit (loss)9901 | €84,979 | €30,980 | €21,218 | €44,782 | €76,346 | ▲ 70.5% |
| Financial income75/76B | - | - | €3 | €374 | €139 | ▼ 62.9% |
| Recurring financial income75 | €102 | - | €3 | €374 | €139 | ▼ 62.9% |
| Financial charges65/66B | - | - | €18,246 | €17,214 | €37,637 | ▲ 119% |
| Recurring financial charges65 | €47,474 | €17,543 | €18,246 | €17,214 | €37,637 | ▲ 119% |
| Profit (loss) for the period before taxes9903 | €37,607 | €13,437 | €2,975 | €27,942 | €38,848 | ▲ 39.0% |
| Income taxes67/77 | €14,967 | - | €13,221 | €14,967 | €25,057 | ▲ 67.4% |
| Profit (loss) for the period9904 | €22,640 | €13,437 | -€10,246 | €12,975 | €13,791 | ▲ 6.3% |
| Profit (loss) for the period to be appropriated9905 | €22,640 | €13,437 | -€10,246 | €12,975 | €13,791 | ▲ 6.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.4m | €1.4m | €1.5m | €1.5m | €1.5m | ▼ 0.1% |
| Fixed assets21/28 | €916,190 | €886,891 | €863,928 | €879,427 | €901,651 | ▲ 2.5% |
| Tangible fixed assets22/27 | €909,080 | €880,182 | €856,664 | €878,462 | €900,686 | ▲ 2.5% |
| Land and buildings22 | - | - | €849,021 | €843,098 | €855,810 | ▲ 1.5% |
| Plant, machinery and equipment23 | - | - | - | €18,664 | €16,329 | ▼ 12.5% |
| Furniture and vehicles24 | - | - | €0 | - | €21,867 | - |
| Leasing and similar rights25 | - | - | €7,643 | €16,700 | €6,680 | ▼ 60.0% |
| Financial fixed assets28 | €7,110 | €6,710 | €7,263 | €965 | €965 | = |
| Current assets29/58 | €532,887 | €537,809 | €592,837 | €623,070 | €598,698 | ▼ 3.9% |
| Stocks and contracts in progress3 | €349,722 | €394,470 | €279,030 | €301,455 | €284,620 | ▼ 5.6% |
| Stocks30/36 | - | - | €279,030 | €301,455 | €284,620 | ▼ 5.6% |
| Amounts receivable within one year40/41 | €171,036 | €134,910 | €255,179 | €229,394 | €274,590 | ▲ 19.7% |
| Trade receivables40 | - | - | €147,230 | €155,603 | €187,083 | ▲ 20.2% |
| Other amounts receivable41 | - | - | €107,949 | €73,791 | €87,508 | ▲ 18.6% |
| Current investments50/53 | - | - | - | - | €13,568 | - |
| Cash at bank and in hand54/58 | €7,168 | €3,570 | €54,432 | €92,221 | €19,853 | ▼ 78.5% |
| Deferred charges and accrued income490/1 | - | - | €4,196 | - | €6,066 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.4m | €1.4m | €1.5m | €1.5m | €1.5m | ▼ 0.1% |
| Equity10/15 | €931,346 | €967,534 | €972,288 | €985,263 | €957,304 | ▼ 2.8% |
| Contributions10/11 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Capital10 | - | - | €100,000 | €100,000 | - | - |
| Issued capital100 | - | - | €100,000 | €100,000 | - | - |
| Revaluation surpluses12 | - | - | €677,500 | €677,500 | €677,500 | = |
| Reserves13 | €11,810 | €11,810 | €11,810 | €11,810 | €179,804 | ▲ 1,422% |
| Non-distributable reserves130/1 | - | - | €11,810 | €11,810 | €11,810 | = |
| Legal reserve130 | - | - | €11,810 | €11,810 | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €11,810 | - |
| Distributable reserves133 | - | - | - | - | €167,994 | - |
| Profit (loss) carried forward14 | €138,036 | €151,474 | €141,228 | €154,203 | €0 | ▼ 100% |
| Investment grants15 | - | - | €41,750 | €41,750 | €0 | ▼ 100% |
| Amounts payable17/49 | €517,730 | €457,167 | €484,477 | €517,234 | €543,045 | ▲ 5.0% |
| Amounts payable after more than one year17 | €44,773 | €27,304 | €14,282 | €28,550 | €25,532 | ▼ 10.6% |
| Financial debts170/4 | - | - | €14,282 | €28,550 | €25,532 | ▼ 10.6% |
| Amounts payable within one year42/48 | €472,958 | €428,461 | €468,794 | €488,684 | €517,512 | ▲ 5.9% |
| Current portion of amounts payable after more than one year42 | - | - | €13,022 | €7,836 | €19,334 | ▲ 147% |
| Financial debts43 | - | - | €339,567 | €359,097 | €332,511 | ▼ 7.4% |
| Credit institutions430/8 | - | - | €339,567 | €359,097 | €332,511 | ▼ 7.4% |
| Trade debts44 | €163,057 | €66,892 | €69,619 | €80,246 | €135,294 | ▲ 68.6% |
| Suppliers440/4 | - | - | €69,619 | €80,246 | €135,294 | ▲ 68.6% |
| Taxes, remuneration and social security45 | - | - | €43,507 | €41,505 | €30,374 | ▼ 26.8% |
| Taxes450/3 | - | - | €16,696 | €13,793 | €12,976 | ▼ 5.9% |
| Remuneration and social security454/9 | - | - | €26,811 | €27,712 | €17,398 | ▼ 37.2% |
| Other amounts payable47/48 | - | - | €3,079 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | €1,401 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,640 | €13,437 | -€10,246 | €12,975 | €13,791 | ▲ 6.3% |
| + Depreciation and write-downs630 | €29,745 | €28,899 | €23,517 | €18,233 | €24,397 | ▲ 33.8% |
| Operating cash flow (approximation) | €52,385 | €42,336 | €13,271 | €31,208 | €38,187 | ▲ 22.4% |
| Investment in fixed assets (approximation) | - | €400 | -€553 | -€33,732 | -€46,620 | ▼ 38.2% |
| Change in cash | - | -€3,598 | €50,862 | €37,789 | -€72,367 | ▼ 292% |
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
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 120 days late
2024
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €12,975
Net result €12,975 after one loss-making year.
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
18-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-06
Financial
Back to profitnet €22,640
Net result €22,640 after one loss-making year.
30-06
Financial
Equity above €500,000Eq €931,346 ▲310%
Equity rises from €227,206 to €931,346.
15-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
15-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
15-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
13-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
18-01
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Brussel · 1 establishment unit since 1995
Ground area
69 m²
Building footprint
70 m²
Volume, LiDAR
754 m³
Parcel 21816H0121/00K007, Brussels · tallest building 11.5 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Rommelaerelaan 113, 1020 Brussel
since 19952.049.059.672
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21816H0121/00K007 | Brussels | 68 m² | 1 · 70 m² | 11.5 m · 4 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.
Similar companies · same sector, comparable size
MINDMOVER
BE 0880.287.668
Machelen (Brab.) · Eq €956,658
EVOLUTION LOGIQUE
BE 0461.678.824
Houffalize · Eq €955,040
ITMA Services
BE 0635.769.771
Machelen (Brab.) · Eq €963,097
AGRIFLORA
BE 0461.573.411
Gent · Eq €944,878
RANDRA
BE 0671.825.364
Lokeren · Eq €974,633
Of 4,577 companies in sector 82300 we hold annual accounts for 1,673. 742 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-07-1990
Fiscal year end31-12
Activities, NACEBEL 2025
16230Manufacture of other builders' carpentry and joinery
82300Organisation of conventions and trade shows
43211General electrical installation work
43240Other construction installation
73110Advertising agencies
74140Other specialised design activities
96999Other personal services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0441045142
Registered
20-11-2020
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.