VISE MAGAZINE
ActiveVISE MAGAZINE has been active since 1949 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-61k) and a net result of €582. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 5% of 166 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency33=
Growth58=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.5 against 0.43 in 2024), and equity is negative.
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
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 2025Solvency, return and age of the figures
Solvency
-113.3%
Return on assets
1.1%
Age of the figures
8 mo
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 →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 166 sector peers (2025).
NBB · sector comparisonPosition among 166 sector peers
Solvency
better than 5%
← weakest
strongest →
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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
2 d early
2023
5 d early
2022
31 d late
2021
31 d late
2020
17 d late
2019
17 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€582▲ 7.2%
2024 · €543
2018: €-75k
2019: €-55k
2020: €-6k
2021: €617
2022: €440
2023: €539
2024: €543
2018 → 2025
Working capital
€-53k▲ 10.1%
2024 · €-59k
2018: €-32k
2019: €-119k
2020: €-64k
2021: €-63k
2022: €-59k
2023: €-59k
2024: €-59k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-63k-€-63k▲ 0.7%€-62k▲ 0.9%€-62k▲ 0.9%€-61k▲ 0.9%
Operating result€839-€783▼ 6.7%€838▲ 7.0%€874▲ 4.3%€928▲ 6.2%
Net result€617-€440▼ 28.6%€539▲ 22.4%€543▲ 0.7%€582▲ 7.2%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 6% above 2024 and is the highest year so far.
Key figures and ratios
Solvency
-113.3%▲
2024 · -138.3%
Current ratio
0.50▲
2024 · 0.43
Quick ratio
0.50▲
2024 · 0.43
Debt / equity
-1.88▼
2024 · -1.72
ROE
-1.0%▼
2024 · -0.9%
ROA
1.1%▼
2024 · 1.2%
Debt
€115k▲
2024 · €106k
Debt ≤ 1 year
€107k▲
2024 · €103k
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€45k€54k▲
Current assets29/58€45k€54k▲
Amounts receivable within one year40/41€22k€35k▲
Trade receivables40€22k€35k▲
Other amounts receivable41€47€212▲
Cash at bank and in hand54/58€22k€19k▼
Deferred charges and accrued income490/1€174€160▼
Equity and liabilities
Total equity and liabilities10/49€45k€54k▲
Equity10/15€-62k€-61k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€-130k€-129k▲
Amounts payable17/49€106k€115k▲
Amounts payable within one year42/48€103k€107k▲
Trade debts44€18k€69k▲
Suppliers440/4€18k€69k▲
Taxes, remuneration and social security45€2k€2k▲
Taxes450/3€2k€2k▲
Other amounts payable47/48€84k€35k▼
Accrued charges and deferred income492/3€3k€8k▲
Income statement
Code20242025
Non-recurring operating income76A€38k€41k▲
Other operating charges640/8€9k€10k▲
Gross operating margin9900€10k€11k▲
Operating profit (loss)9901€874€928▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€332€346▲
Recurring financial charges65€332€346▲
Profit (loss) for the period before taxes9903€543€582▲
Profit (loss) for the period9904€543€582▲
Profit (loss) for the period to be appropriated9905€543€582▲
Appropriation of the result
Profit (loss) to be appropriated9906€-130k€-129k▲
Profit (loss) brought forward from the previous period14P€-130k€-130k▲
The notes to these accounts (5 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
01-09
State Gazette act
General meeting · Director reappointmentGeneral meeting · Director reappointment · Permanent representative4 facts ▸
State Gazette act
General meeting · Director reappointment
General meeting · Director reappointment · Permanent representative4 facts ▸
- General meeting, 2026-06-30
- Director reappointment, IMPRIM MANAGEMENT (administrateur)
- Permanent representative, Jean-Marc Brisbois
- Mandate compensation, IMPRIM MANAGEMENT
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial
Back to profitnet €617
Net result €617 after 3 loss-making years.
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 17 days late
2020
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 17 days late
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 27 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 22 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2025
IMPRIM MANAGEMENT
CurrentDirector · since 20-06-2025 · Private limited company (pre-2019)
20-06-2025
Mandate renewed as Director
Location & real-estate footprint
Registered office, Visé · 1 establishment unit since 1949
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 Saint Hadelin(VIS) 144600 ViséGround area
674 m²
Building footprint
170 m²
Volume, LiDAR
1,454 m³
2 parcels, Wallonia · tallest building 12.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue Saint Hadelin(VIS) 12, 4600 Visé
since 19492.006.352.057
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62108B0089/00E012 | Wallonia | 485 m² | - | - |
| 62108B0089/00W006 | Wallonia | 189 m² | 1 · 170 m² | 12.5 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.
Structure & network
Ownership & control
1 partyControl over this companysits on this company's board1
1 subsidiary · 1 location
controls
VISE MAGAZINEBE 0403.930.467
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Of 1,594 companies in sector 18120 we hold annual accounts for 803. 604 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded23-12-1949
Fiscal year end31-12
Activities, NACEBEL
18120Other printing
46492Wholesale trade
47620Retail trade
47621Retail sale of newspapers and periodicals
51475
52470
Sources
Crossroads Bank for EnterprisesNational Bank · 49 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.