DE VIS
DE VIS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €37k and a net result of €-68k. Equity is shrinking by ~20.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 11% of 5394 sector peers (fiscal year 2025). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €37k |
| Net result | €-68k |
| Staff (FTE) | 6.8 |
| Better than sector | 11% |
Fragile profile, watch profitability in particular.
Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 8.1% | 51.9% | |
| Net result | €-68k | €53k | |
| Equity | €37k | €623k | |
| Gross operating margin | €392k | €87k | |
| Staff costs | €396k | €74k |
Figures by fiscal year and ratios
| Fiscal year | 2025 Δ | 2024 Δ | 2023 Δ | 2022 Δ |
|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | n/a | n/a | n/a | n/a |
| EBITDA | n/a | n/a | n/a | n/a |
| Net profit | -251.0% | - | - | - |
| Cash flow | n/a | n/a | n/a | n/a |
| Staff costs | +5.1% | -1.2% | -5.7% | - |
| Income taxes | +20.5% | -12.9% | +7.0% | - |
| Dividends | - | - | - | - |
| Total assets | -20.5% | +18.1% | +3.1% | - |
| Equity | -64.8% | -15.6% | +4.7% | - |
| Debt | -10.7% | +29.6% | +2.6% | - |
| of which ≤ 1y | -6.7% | +9.8% | +0.3% | - |
| of which > 1y | -29.7% | +907.8% | - | - |
| Working capital | n/a | n/a | n/a | n/a |
| Employees (FTE) | -2.9% | -12.5% | -7.0% | - |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | n/a | n/a | n/a | n/a |
| Quick ratio | n/a | n/a | n/a | n/a |
| Working capital ratio | n/a | n/a | n/a | n/a |
| Solvency | 8.1% | 18.2% | 25.4% | 25.0% |
| Debt / equity | n/a | n/a | n/a | n/a |
| Long-term debt ratio | n/a | n/a | n/a | n/a |
| Interest coverage | n/a | n/a | n/a | n/a |
| Gross margin | n/a | n/a | n/a | n/a |
| Net margin | n/a | n/a | n/a | n/a |
| ROA | -14.8% | -3.4% | 1.1% | -8.7% |
| ROE | -183.9% | -18.5% | 4.5% | -34.8% |
| EBITDA margin | n/a | n/a | n/a | n/a |
| Days sales outstanding | n/a | n/a | n/a | n/a |
| Days payable outstanding | n/a | n/a | n/a | n/a |
| Inventory turnover | n/a | n/a | n/a | n/a |
| Days inventory (DSI) | n/a | n/a | n/a | n/a |
Full annual accounts (26 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €458k | €577k | €488k | €474k |
| Fixed assets | 21/28 | €117k | €160k | €105k | €92k |
| Intangible fixed assets | 21 | €0 | €0 | - | - |
| Tangible fixed assets | 22/27 | €116k | €160k | €105k | €91k |
| Financial fixed assets | 28 | €215 | €215 | €215 | €215 |
| Current assets | 29/58 | €342k | €417k | €383k | €382k |
| Stocks & contracts in progress | 3 | €36k | €42k | €48k | €51k |
| Amounts receivable within one year | 40/41 | €7k | €26k | €16k | €18k |
| Cash & bank | 54/58 | €272k | €317k | €299k | €290k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €458k | €577k | €488k | €474k |
| Equity | 10/15 | €37k | €105k | €124k | €119k |
| Contributions / capital | 10/11 | €62k | €62k | €62k | €62k |
| Reserves | 13 | €98k | €98k | €98k | €98k |
| Accumulated profits (losses) | 14 | €-123k | €-55k | €-36k | €-41k |
| Amounts payable | 17/49 | €422k | €472k | €364k | €355k |
| Amounts payable after one year | 17 | €57k | €81k | €8k | - |
| Amounts payable within one year | 42/48 | €364k | €391k | €356k | €355k |
| Trade debts payable within one year | 44 | €244k | €274k | €257k | €253k |
| Income statement | |||||
| Gross operating margin | 9900 | €392k | €412k | €428k | €421k |
| Operating result | 9901 | €-58k | €-11k | €13k | €-34k |
| Financial income | 75 | €44 | €2 | €13 | €25 |
| Financial charges | 65 | €9k | €8k | €7k | €7k |
| Result before taxes | 9903 | €-67k | €-19k | €6k | €-40k |
| Income taxes | 67/77 | €884 | €734 | €843 | €788 |
| Net result for the period | 9904 | €-68k | €-19k | €6k | €-41k |
| Result to be appropriated | 9905 | €-68k | €-19k | €6k | €-41k |
| NACE primary | Activities of holding companies(64210) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 02-12-2002 |
| Status | Active |
| Postal code | 9000 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44803C1162/00C000 | Flanders | 840 m² | 1 · 785 m² | 21.3 m · 5 fl. |
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
| Legal nameNL | DE VIS |