Equity
€160,374 ▼ 66.5%
HCVISION paid out €400,000 in dividends. That is 481% of the 2025 profit.
HCVISION
Lifetime
7 annual accounts with figures on one time axispeak €288,385 (2022)
€148,402▼ 3.8%
peak €176,228 (2022)
€83,108▼ 15.4%
peak €530,993 (2023)
€160,374▼ 66.5%
€681,168▲ 141%
Board1 name since 2021
1 directorMARIEN, Sofie Françoise
Documentsfilings and deeds
07-07-202624 days before the deadline
2025micro format
Dividend €400,000Equity from €479,266 to €160,374Debts from €282,711 to €681,168Cash from €128,693 to €242,364
Key points
from the 2025 annual accountsTurnover
≈ €270,000 estimated
The micro format states no turnover.
Debts
€681,168 ▲ 141%
Debts rose by €398,457 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Liquidity
0.90 was 2.97 in 2024
Short-term debts rose from €133,156 to €545,893.
Filings
7 annual accounts 1 late
The 2024 accounts came 21 days late. The other six were filed on time.
Position in the sector
€83,108
Higher net result than 87% of companies in advertising and market research. Sector median €14,764 · 8,615 companies.
Checked score
92
Excellent
Financially stronger than 33% of micro companies in advertising and market research (NACE 73)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 11,230 companies (NACE 73, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: 0.1%▲ +0.1 percentage points vs 06-2025
08-2025: 0.2%▲ +0.1 percentage points vs 07-2025highest value
09-2025: < 0.1%▼ -0.2 percentage points vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: 0.1%▲ +0.1 percentage points vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
lowers risk
Size: total assets €841,542
Figures for financial year 2025 (filed on 07-07-2026)
Liquidity: current ratio 0.90, cash €242,364
Sector: Advertising, market research and public relations activities (NACE 73)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 73, micro). It does better than 26% of them on solvency, 42% on liquidity, 55% on profitability and 10% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,684 companies had the same profile as HCVISION has now. Each dot stands for 7 companies, two years later.
97.3%
were still trading
1.2%
stopped another way
1.3%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of HCVISION itself is lower: 0.1% within 12 months. It rests on far more data about HCVISION than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,684 companies, not a prediction for HCVISION. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €14,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.9 (2.97 in 2024), below 1. Short-term debt is 64.9% and cash 28.8% of total assets. 80.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 8614 sector peers (2025).
NBB · sector comparisonPosition among 8614 sector peers
Solvency
better than 24%
← 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 07-07-2026, 24 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
24 days early
2024
21 days late
2023
14 days early
2022
46 days early
2021
13 days early
2020
65 days early
2019
59 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 29 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 July (4 of the last 5 accounts filed within 33 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0697645081
Change of role: MARIEN, Sofie Françoise, from manager to director
Director discharge: MARIEN, Sofie Françoise · General meeting of 01-12-2022 · Gazette deed
Publication in the Belgian Official Gazette
Gazette deed
Incorporation
Founders: MARIEN Sofie Françoise (partner and founder) and HODZELMANS Danny (partner and founder) · Founding capital of €18,600, 186 shares, €6,200 paid up · Appointment: MARIEN Sofie (manager) · published on 07-06-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HCVISION Bree | €841,542 | €148,402 | 19.1% | - |
| S&D INVEST GROUP Zonhoven | €787,869 | €120,756 | 57.7% | - |
| Travel Services & Management Uccle | €794,136 | €149,272 | 14.6% | - |
| MLS MANAGEMENT Oupeye | €876,519 | €145,990 | 61.9% | - |
| 4 Efficiency Invest Stoumont | €811,201 | €135,600 | 78.3% | - |
| SPin-Up La Hulpe | €930,461 | €133,234 | 6.8% | - |
| INICIUM Wijnegem | €727,790 | €136,242 | 67.5% | - |
These companies have the same main activity as HCVISION: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €728,000 and €930,000, founded in 2018.
Official details
Source: KBO- Status
- Active since 05-06-2018Normal situation
- Activity
- Public relations and communication consultancyNACE 73300and 1 other
- Establishment unit
- 2.276.377.0933960 Bree, since 05-06-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 17-12-2025
Annual accounts 2025
- €841,542▲ 10.4%
- Filing
- Filed on 07-07-2026, 24 days before the end of the filing period
Insights on HCVISION
HCVISION files the micro format. That format states no turnover. The gross margin fell from €254,974 in 2019 to €148,402 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about HCVISION
- What is the company number of HCVISION?
- The company number of HCVISION is 0697.645.081. The VAT number is the same number with BE in front: BE 0697.645.081.
- Where is HCVISION based?
- The registered office is at Riekskensstraat 7, 3960 Bree.Company details
- What does HCVISION do?
- According to the KBO register, the main activity is public relations and communication consultancy (NACE 73300).
- What is the legal form of HCVISION?
- HCVISION is a private limited company (BV).
- When was HCVISION founded?
- HCVISION was founded on 05-06-2018.
- Is HCVISION still active?
- Yes, HCVISION is an active enterprise in the KBO register.
- What is the turnover of HCVISION?
- The turnover in financial year 2025 is ≈ €270,000. This figure is estimated from the gross margin of €148,402 and 38 comparable companies (NACE 73). It probably lies between €210,000 and €540,000.Financials
- Is HCVISION profitable?
- In financial year 2025, HCVISION made a profit of €83,108.
- Where can I find the annual accounts of HCVISION?
- HCVISION filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HCVISION due?
- HCVISION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.