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B-visible

Active
Private limited companyfounded 201114 yrs activeMuseumstraat 46, 9881 Aalter, BelgiumKBO/BCE: BE 0842.187.949
Summary

B-visible has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17,358 and a net result of €30,046. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 30651 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

What they do
General electrical installation work
NACE 43211
1 site
How big
€77,294total assets 2025
Equity
€17,358
Profit
€30,046
Turnover not published (abridged schema)
Financially healthy?
82 Excellent Checked score 2025
Bankruptcy chance 12 m
0.6%
Who decides
Accounts filed 5 d late0 of 4 deeds read
Why 82- Sector Specialised construction activities (NACE 43)- Size: total assets €77,294- Equity €17,358 (22.5% of total assets)+ Founded in 2011Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Better than 56% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency 47+47
equity 22.5% of total assets
Liquidity 19-11
short-term debt 77.5% · cash 9.1%
Profitability 100+100
return on assets 38.9%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (46,941 companies)
Last 24 months 11-2024: 2.4%highest value 12-2024: 2.4%● 0.0% vs 11-2024highest value 01-2025: 2.3%▼ -1.4% vs 12-2024 02-2025: 2.3%● 0.0% vs 01-2025 03-2025: 2.3%▼ -1.2% vs 02-2025 04-2025: 2.3%▲ +1.0% vs 03-2025 05-2025: 2.3%▼ -2.8% vs 04-2025 06-2025: 2.2%▼ -4.5% vs 05-2025 07-2025: 2.3%▲ +7.6% vs 06-2025 08-2025: 1.5%▼ -36.4% vs 07-2025 09-2025: 1.5%● 0.0% vs 08-2025 10-2025: 1.5%● 0.0% vs 09-2025 11-2025: 1.5%● 0.0% vs 10-2025 12-2025: 1.5%● 0.0% vs 11-2025 01-2026: 1.5%▼ -0.9% vs 12-2025 02-2026: 1.5%● 0.0% vs 01-2026 03-2026: 1.4%▼ -0.7% vs 02-2026 04-2026: 1.5%▲ +0.6% vs 03-2026 05-2026: 1.4%▼ -3.2% vs 04-2026 06-2026: 1.4%▼ -0.9% vs 05-2026 07-2026: 1.5%▲ +4.9% vs 06-2026 08-2026: 1.8%▲ +21.6% vs 07-2026 09-2026: 0.6%▼ -68.1% vs 08-2026lowest value 10-2026: 0.6%● 0.0% vs 09-2026lowest value
  • Sector Specialised construction activities (NACE 43) raises the probability
  • Founded in 2011 lowers the probability for this profile
  • Size: total assets €77,294 raises the probability for this profile
  • Equity €17,358 (22.5% of total assets) raises the probability
Credit up to €1,000 at 30 days acceptable
Liquidity short (current ratio 0.95 against 0.47 in 2024; short-term debt: 77.5% and cash: 9.1% of total assets), and 77.5% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 24%, liquidity 10%, profitability 93%, growth against the median 97%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610020317, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Sector Specialised construction activities (NACE 43)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Founded in 2011
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Size: total assets €77,294
In the bankruptcy model this factor raises the probability for this profile.
NBB · annual accounts
raises risk · Equity €17,358 (22.5% of total assets)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 30651 sector peers (2025).
NBB · sector comparison
Position among 30651 sector peers
Solvency
better than 24%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
5 d late
2024
1 d early
2023
29 d late
2022
59 d late
2021
31 d late
2020
62 d late
2019
40 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 32 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 30 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Back to profitnet €30,046
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Total assets 20256 fiscal years filed €77,294 View
  • Active since 2011founded 28-12-2011 14 years View

By topic

Financials

Fiscal year
2025
Total assets
€77,294
Profit
€30,046
Solvency
22.5%
Total assets▲ 225%
Net result
20192025
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-07-2027
  1. 05-08-2026Annual accounts filed
  2. 31-12-2025Back to profit
  3. 30-07-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
28-12-2011
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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