VISUAL CARTES.BE
ActiveVISUAL CARTES.BE has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €89k and a net result of €43k. Equity is shrinking by ~17.7% per year across the filed fiscal years. Its solvency ranks better than 26% of 950 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
76
/ 100
Excellent▲ +3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency34▲+13
Growth58=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.31 against 1.1 in 2024), and 79% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 18
Relative position
BE, all sectors
reference
Sector 18
lower
← 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 2025Solvency, return and age of the figures
Solvency
21%
Return on assets
10.2%
Age of the figures
15 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €89k
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 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
on the day
2022
on the day
2021
25 d late
2020
4 d late
2019
25 d late
← before the deadline
after the deadline →
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 close16-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€43k▲ 145%
2024 · €18k
2019: €7k
2020: €-21k
2021: €26k
2022: €-22k
2023: €12k
2024: €18k
2019 → 2025
Working capital
€98k▲ 189%
2024 · €34k
2019: €149k
2020: €92k
2021: €71k
2022: €21k
2023: €42k
2024: €34k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€97k-€46k▼ 53.2%€46k=€46k=€89k▲ 95.5%
Operating result€41k-€-8k€26k€34k▲ 29.8%€67k▲ 98.5%
Net result€26k-€-22k€12k€18k▲ 42.5%€43k▲ 145%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 99% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €419k
Fixed assets
€3k▲ 257%
Current assets
€416k▲ 7.8%
Equity and liabilities €425k
Equity
€89k▲ 95.5%
Debt
€336k▼ 4.8%
The debt ratio falls from 88.6% to 79.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€73k▲
2024 · €40k
Cash flow
€50k▲
2024 · €24k
Solvency
21.0%▲
2024 · 11.4%
Current ratio
1.31▲
2024 · 1.10
Quick ratio
1.29▲
2024 · 1.07
Debt / equity
3.77▼
2024 · 7.74
ROE
48.9%▲
2024 · 38.9%
ROA
10.2%▲
2024 · 4.5%
Interest coverage
15.81▲
2024 · 6.77
Debt
€336k▼
2024 · €352k
Debt ≤ 1 year
€319k▼
2024 · €352k
Debt > 1 year
€17k▲
2024 · €0
Income taxes
€21k▲
2024 · €10k
Staff costs
€237k▲
2024 · €236k
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€398k€425k▲
Formation expenses20€11k€5k▼
Fixed assets21/28€836€3k▲
Tangible fixed assets22/27€636€3k▲
Plant, machinery and equipment23€636€424▼
Furniture and vehicles24€0€2k▲
Financial fixed assets28€200€200=
Current assets29/58€386k€416k▲
Stocks and contracts in progress3€9k€6k▼
Stocks30/36€9k€6k▼
Amounts receivable within one year40/41€318k€355k▲
Trade receivables40€175k€124k▼
Other amounts receivable41€143k€230k▲
Cash at bank and in hand54/58€55k€51k▼
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€398k€425k▲
Equity10/15€46k€89k▲
Contributions10/11€41k€41k=
Reserves13€4k€48k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€4k€48k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€352k€336k▼
Amounts payable after more than one year17€0€17k▲
Financial debts170/4€0€17k▲
Amounts payable within one year42/48€352k€319k▼
Current portion of amounts payable after more than one year42€35k€40k▲
Trade debts44€235k€200k▼
Suppliers440/4€235k€200k▼
Taxes, remuneration and social security45€65k€79k▲
Taxes450/3€28k€46k▲
Remuneration and social security454/9€36k€33k▼
Other amounts payable47/48€18k€164▼
Accrued charges and deferred income492/3€1€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€236k€237k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3k€0▼
Other operating charges640/8€7k€2k▼
Gross operating margin9900€286k€312k▲
Operating profit (loss)9901€34k€67k▲
Financial income75/76B€3€2k▲
Recurring financial income75€3€2k▲
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€28k€64k▲
Income taxes67/77€10k€21k▲
Profit (loss) for the period9904€18k€43k▲
Profit (loss) for the period to be appropriated9905€18k€43k▲
Appropriation of the result
Profit (loss) to be appropriated9906€18k€43k▲
Transfer to equity691/2-€43k
To other reserves6921-€43k
Profit to be distributed694/7€18k€0▼
Return on contributions (dividend)694€18k€0▼
The notes to these accounts (13 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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2019net €43k ▲145%
Operating result €67k, net result €43k, both a record.
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Weakest financial yearnet €-22k ▼186%
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
25-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 25 days late
2021
30-06
Financial
Back to profitnet €26k
Net result €26k after one loss-making year.
04-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 4 days late
2020
25-02
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 25 days late
2018
21-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
23-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 23 days late
2017
21-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Mons · 2 establishment units 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.
Rue des Anglais (O.) 27-297034 MonsGround area
1,711 m²
Building footprint
72 m²
Volume, LiDAR
1 m³
2 parcels, Wallonia · tallest building 0.3 m. Linked by address, not a title deed.
2 establishment units
Visual Cartes.be
since 20092.177.770.655
VISUAL CARTES
since 20172.266.796.364
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53060A0027/00A004indicative | Wallonia | 1,525 m² | 1 · 9 m² | 0.3 m |
| 53062C0302/00P000 | Wallonia | 187 m² | 1 · 63 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,596 companies in sector 18120 we hold annual accounts for 804. 603 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-04-2009
Fiscal year end30-06
Activities, NACEBEL
18120Other printing
73110Advertising agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:celine@mrcartesdevisite.be
Phone:0485/98.23.24