FG VISION
ActiveFG VISION has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32k and a net result of €-6k. Equity is growing by ~19.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency100=
Growth35▼-17
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 34.93 against 10.46 in 2024; short-term debt: 2.8% and cash: 58.8% of total assets), and 4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
96%
Return on assets
-18.3%
Age of the figures
9 mo
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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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 · 7 filingsDeviation from the deadline
2025
29 d late
2024
16 d late
2023
2 d early
2022
on the day
2021
10 d late
2017
47 d early
2015
3 d early
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€47k▲ 19.8%
2022 · €39k
2021: €65k
2022: €39k
2021 → 2023
EBIT margin
0.9%▼ 9.5pp
2022 · 10.5%
2021: 19.8%
2022: 10.5%
2021 → 2023
Net result
€-6k
2024 · €17k
2021: €13k
2022: €4k
2023: €400
2024: €17k
2021 → 2025
Working capital
€32k▼ 11.3%
2024 · €36k
2021: €15k
2022: €18k
2023: €20k
2024: €36k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€65k-€39k▼ 40.2%€47k▲ 19.8%
Equity€16k-€20k▲ 24.9%€21k▲ 2.0%€38k▲ 84.3%€32k▼ 16.0%
Operating result€13k-€4k▼ 68.3%€438▼ 89.3%€21k▲ 4,688%€-6k
Net result€13k-€4k▼ 68.5%€400▼ 90.1%€17k▲ 4,270%€-6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €6k after €21k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €33k
Fixed assets
€772▼ 68.6%
Current assets
€33k▼ 17.4%
Equity and liabilities €33k
Equity
€32k▼ 16.0%
Debt
€1k▼ 64.6%
The debt ratio falls from 9.0% to 4.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-4k▼
2024 · €22k
Cash flow
€-4k▼
2024 · €18k
Solvency
96.0%▲
2024 · 91.0%
Current ratio
34.93▲
2024 · 10.46
Quick ratio
34.93▲
2024 · 10.14
Debt / equity
0.04▼
2024 · 0.10
ROE
-19.0%▼
2024 · 45.7%
ROA
-18.3%▼
2024 · 41.6%
Interest coverage
-33.85▼
2024 · 303.94
Debt
€1k▼
2024 · €4k
Debt ≤ 1 year
€935▼
2024 · €4k
Staff costs
€11k
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€42k€33k▼
Fixed assets21/28€2k€772▼
Tangible fixed assets22/27€2k€772▼
Plant, machinery and equipment23€1k€772▼
Furniture and vehicles24€1k-
Current assets29/58€40k€33k▼
Stocks and contracts in progress3€1k-
Stocks30/36€1k-
Amounts receivable within one year40/41€9k€13k▲
Trade receivables40€8k€12k▲
Other amounts receivable41€719€509▼
Cash at bank and in hand54/58€29k€20k▼
Deferred charges and accrued income490/1-€276
Equity and liabilities
Total equity and liabilities10/49€42k€33k▼
Equity10/15€38k€32k▼
Contributions10/11€1k€1k=
Reserves13€270€270=
Non-distributable reserves130/1€270€270=
Reserves not available under the articles1311€270€270=
Profit (loss) carried forward14€37k€31k▼
Amounts payable17/49€4k€1k▼
Amounts payable within one year42/48€4k€935▼
Trade debts44-€935
Suppliers440/4-€935
Taxes, remuneration and social security45€743-
Taxes450/3€743-
Other amounts payable47/48€3k-
Accrued charges and deferred income492/3-€404
Income statement
Code20242025
Remuneration, social security and pensions62-€11k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€609€2k▲
Other operating charges640/8€850€2k▲
Non-recurring operating charges66A-€63
Gross operating margin9900€22k€8k▼
Operating profit (loss)9901€21k€-6k▼
Financial charges65/66B€71€127▲
Recurring financial charges65€71€127▲
Profit (loss) for the period before taxes9903€21k€-6k▼
Income taxes67/77€3k-
Profit (loss) for the period9904€17k€-6k▼
Profit (loss) for the period to be appropriated9905€17k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€37k€31k▼
Profit (loss) brought forward from the previous period14P€19k€37k▲
The notes to these accounts (4 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
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
31-12
Financial
Weakest financial yearnet €-6k ▼135%
Net result drops to €-6k, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 34.93
Current ratio from 10.46 to 34.93; short-term debt falls from €4k to €935.
16-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 16 days late
2024
31-12
Financial
Highest result since 2021net €17k ▲4270%
Operating result €21k, net result €17k, both a record.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 10 days late
2017
15-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
28-01
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Dison · 1 establishment unit since 2014
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 Georges Hennemont 134821 DisonGround area
706 m²
Parcel 63002B0124/02H000, Wallonia. Linked by address, not a title deed.
1 establishment unit
FG VISION
since 20142.298.458.253
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63002B0124/02H000 | Wallonia | 706 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
VENTROLEC
BE 0790.895.438
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KOC ELECT
BE 0775.525.688
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HD Energie
BE 0779.991.549
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CLT CONSTRUCTION
BE 0863.977.416
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L&R Technics
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Sint-Truiden · Eq €32k
Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,066 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-04-2014
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@fgvision.net
Phone:+32497118630