VISUAL AFFAIRS
ActiveVISUAL AFFAIRS has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €57k and a net result of €8k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 53% of 1983 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+78
Solvency79▼-3
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.45 against 0.68 in 2024; short-term debt: 45.9% and cash: 0% of total assets), and 46.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
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 dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-10-2025, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
24 d early
2023
4 d early
2022
17 d early
2021
2 d early
2020
16 d late
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close19-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€57k▲ 16.4%
2024 · €49k
2019: €54k
2020: €46k
2021: €62k
2022: €80k
2023: €80k
2024: €49k
2019 → 2025
Total assets
€105k▲ 23.0%
2024 · €86k
2019: €145k
2020: €94k
2021: €125k
2022: €125k
2023: €109k
2024: €86k
2019 → 2025
Net result
€8k
2024 · €-30k
2019: €2k
2020: €-7k
2021: €17k
2022: €19k
2023: €9k
2024: €-30k
2019 → 2025
Working capital
€-26k▼ 160%
2024 · €-10k
2019: €-12k
2020: €-2k
2021: €19k
2022: €5k
2023: €12k
2024: €-10k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€62k-€80k▲ 28.4%€80k▲ 0.6%€49k▼ 39.3%€57k▲ 16.4%
Operating result€25k-€28k▲ 13.2%€15k▼ 46.4%€-28k€10k
Net result€17k-€19k▲ 10.5%€9k▼ 50.7%€-30k€8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €10k after a loss of €28k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €105k
Fixed assets
€83k▲ 31.5%
Current assets
€22k▼ 1.3%
Equity and liabilities €105k
Equity
€57k▲ 16.4%
Debt
€49k▲ 31.9%
The debt ratio rises from 43.1% to 46.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€34k▲
2024 · €-7k
Cash flow
€32k▲
2024 · €-8k
Solvency
53.9%▼
2024 · 56.9%
Current ratio
0.45▼
2024 · 0.68
Quick ratio
0.45▼
2024 · 0.68
Debt / equity
0.86▲
2024 · 0.76
ROE
14.1%▲
2024 · -61.1%
ROA
7.6%▲
2024 · -34.8%
Interest coverage
22.06▲
2024 · -8.81
Debt
€49k▲
2024 · €37k
Debt ≤ 1 year
€48k▲
2024 · €32k
Debt > 1 year
€0▼
2024 · €4k
Income taxes
€887▲
2024 · €669
Staff costs
€23k▲
2024 · €22k
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€86k€105k▲
Fixed assets21/28€63k€83k▲
Tangible fixed assets22/27€63k€83k▲
Plant, machinery and equipment23€55k€42k▼
Furniture and vehicles24€8k€38k▲
Other tangible fixed assets26€539€3k▲
Current assets29/58€22k€22k▼
Amounts receivable within one year40/41€18k€17k▼
Trade receivables40€16k€15k▼
Other amounts receivable41€2k€2k▲
Cash at bank and in hand54/58€25€7▼
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€86k€105k▲
Equity10/15€49k€57k▲
Contributions10/11€6k€6k=
Reserves13€46k€50k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€46k€50k▲
Profit (loss) carried forward14€-4k€0▲
Amounts payable17/49€37k€49k▲
Amounts payable after more than one year17€4k€0▼
Financial debts170/4€4k€0▼
Amounts payable within one year42/48€32k€48k▲
Current portion of amounts payable after more than one year42€8k€8k▲
Financial debts43€5k€167▼
Credit institutions430/8€5k€167▼
Trade debts44€4k€4k▼
Suppliers440/4€4k€4k▼
Taxes, remuneration and social security45€12k€11k▼
Taxes450/3€6k€8k▲
Remuneration and social security454/9€6k€3k▼
Other amounts payable47/48€3k€25k▲
Accrued charges and deferred income492/3€441€300▼
Income statement
Code20242025
Non-recurring operating income76A-€5k
Remuneration, social security and pensions62€22k€23k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€24k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A€0€150▲
Gross operating margin9900€17k€58k▲
Operating profit (loss)9901€-28k€10k▲
Financial income75/76B€0€86▲
Recurring financial income75€0€86▲
Financial charges65/66B€764€2k▲
Recurring financial charges65€764€2k▲
Profit (loss) for the period before taxes9903€-29k€9k▲
Income taxes67/77€669€887▲
Profit (loss) for the period9904€-30k€8k▲
Profit (loss) for the period to be appropriated9905€-30k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€4k▲
Profit (loss) brought forward from the previous period14P€24k€-4k▼
Transfer from equity791/2€4k€0▼
Transfer to equity691/2€0€4k▲
To other reserves6921€0€4k▲
Profit to be distributed694/7€2k€0▼
Return on contributions (dividend)694€2k€0▼
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
Next filing, fiscal year 2026, expected by
2025
28-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Weakest financial yearnet €-30k ▼414%
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
14-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Highest result since 2019net €19k ▲10.5%
Operating result €28k, net result €19k, both a record.
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
2020
16-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2019
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
26-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
03-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 3 days late
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, Tienen · 1 establishment unit since 2009
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.
Sint-Barbarastraat(KMT) 1973300 TienenGround area
3,339 m²
Building footprint
1,920 m²
Volume, LiDAR
34,285 m³
2 parcels, Flanders · tallest building 22.9 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
VISUAL AFFAIRS
since 20092.175.566.478
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24504D0219/00K000 | Flanders | 2,471 m² | 1 · 1,792 m² | 22.9 m · 6 fl. |
| 24057C0281/00T000 | Flanders | 869 m² | 1 · 128 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
LV Lights
BE 0784.309.831
Beringen · Eq €57k
Unfinished Sympathy
BE 0734.615.048
Sint-Pieters-Leeuw · Eq €56k
sonoor
BE 0832.758.262
Antwerpen · Eq €57k
EVENTS COORDINATOR
BE 0477.412.818
Meise · Eq €57k
STUDIO DANCELIGHT
BE 0820.365.424
Hooglede · Eq €57k
Of 3,396 companies in sector 90393 we hold annual accounts for 939. 748 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-01-2009
Fiscal year end31-03
Activities, NACEBEL
59113Video and film production, excluding cinema and television films
90393Specialised image, lighting and sound technical services
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.