LED Visions
ActiveLED Visions has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.43M and a net result of €222k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 44% of 1508 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▲+5
Solvency50▲+7
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity short (current ratio 0.76 against 0.8 in 2024; short-term debt: 41% and cash: 1.8% of total assets), and 75% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
25%
Return on assets
3.9%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.43M
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 8 filingsDeviation from the deadline
2025
3 d late
2024
44 d early
2023
47 d early
2022
19 d early
2021
27 d early
2020
30 d late
2019
1 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.43M▲ 103%
2024 · €704k
2018: €18k
2019: €-7k
2020: €-4k
2021: €64k
2022: €349k
2023: €699k
2024: €704k
2018 → 2025
Total assets
€5.70M▲ 41.7%
2024 · €4.02M
2018: €103k
2019: €64k
2020: €29k
2021: €222k
2022: €3.20M
2023: €3.33M
2024: €4.02M
2018 → 2025
Net result
€222k▲ 4,052%
2024 · €5k
2018: €9k
2019: €-26k
2020: €3k
2021: €68k
2022: €286k
2023: €350k
2024: €5k
2018 → 2025
Working capital
€-550k▼ 41.2%
2024 · €-390k
2018: €-20k
2019: €-29k
2020: €-6k
2021: €-17k
2022: €-566k
2023: €-126k
2024: €-390k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€64k-€349k▲ 449%€699k▲ 100%€704k▲ 0.8%€1.43M▲ 103%
Operating result€88k-€336k▲ 284%€393k▲ 16.8%€82k▼ 79.0%€247k▲ 199%
Net result€68k-€286k▲ 322%€350k▲ 22.5%€5k▼ 98.5%€222k▲ 4,052%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 199% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.70M
Fixed assets
€3.91M▲ 61.0%
Current assets
€1.79M▲ 12.2%
Equity and liabilities €5.70M
Equity
€1.43M▲ 103%
Debt
€4.27M▲ 28.8%
The debt ratio falls from 82.5% to 75.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.36M▲
2024 · €733k
Cash flow
€1.33M▲
2024 · €655k
Solvency
25.0%▲
2024 · 17.5%
Current ratio
0.76▼
2024 · 0.80
Quick ratio
0.50▼
2024 · 0.78
Debt / equity
2.99▼
2024 · 4.71
ROE
15.6%▲
2024 · 0.8%
ROA
3.9%▲
2024 · 0.1%
Interest coverage
10.90▲
2024 · 9.19
Debt
€4.27M▲
2024 · €3.32M
Debt ≤ 1 year
€2.34M▲
2024 · €1.98M
Debt > 1 year
€1.80M▲
2024 · €1.15M
Income taxes
€1k▲
2024 · €116
Staff costs
€361k▲
2024 · €232k
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€4.02M€5.70M▲
Fixed assets21/28€2.43M€3.91M▲
Tangible fixed assets22/27€2.42M€3.90M▲
Plant, machinery and equipment23€1.46M€3.12M▲
Furniture and vehicles24€52k€36k▼
Leasing and similar rights25€915k€751k▼
Financial fixed assets28€4k€4k▲
Current assets29/58€1.59M€1.79M▲
Stocks and contracts in progress3€47k€614k▲
Stocks30/36€47k€614k▲
Amounts receivable within one year40/41€802k€1.07M▲
Trade receivables40€604k€912k▲
Other amounts receivable41€198k€162k▼
Cash at bank and in hand54/58€746k€101k▼
Equity and liabilities
Total equity and liabilities10/49€4.02M€5.70M▲
Equity10/15€704k€1.43M▲
Contributions10/11€9k€509k▲
Reserves13€9k€9k=
Distributable reserves133€9k€9k=
Profit (loss) carried forward14€686k€908k▲
Amounts payable17/49€3.32M€4.27M▲
Amounts payable after more than one year17€1.15M€1.80M▲
Financial debts170/4€1.15M€1.80M▲
Amounts payable within one year42/48€1.98M€2.34M▲
Current portion of amounts payable after more than one year42€341k€732k▲
Financial debts43€619k€500k▼
Other loans439€619k€500k▼
Trade debts44€144k€799k▲
Suppliers440/4€144k€799k▲
Taxes, remuneration and social security45€115k€48k▼
Taxes450/3€85k€1k▼
Remuneration and social security454/9€30k€46k▲
Other amounts payable47/48€764k€260k▼
Accrued charges and deferred income492/3€179k€132k▼
Income statement
Code20242025
Remuneration, social security and pensions62€232k€361k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€650k€1.11M▲
Other operating charges640/8€35k€78k▲
Gross operating margin9900€1,000k€1.80M▲
Operating profit (loss)9901€82k€247k▲
Financial income75/76B€3k€101k▲
Recurring financial income75€3k€101k▲
Financial charges65/66B€80k€125k▲
Recurring financial charges65€80k€125k▲
Profit (loss) for the period before taxes9903€5k€223k▲
Income taxes67/77€116€1k▲
Profit (loss) for the period9904€5k€222k▲
Profit (loss) for the period to be appropriated9905€5k€222k▲
Appropriation of the result
Profit (loss) to be appropriated9906€686k€908k▲
Profit (loss) brought forward from the previous period14P€680k€686k▲
The notes to these accounts (10 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
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
31-12
Financial
Equity above €1MEq €1.43M ▲103%
6 profitable years in a row build equity to €1.43M.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €350k ▲22.5%
Operating result €393k, net result €350k, both a record.
31-12
Financial
Equity above €500kEq €699k ▲100%
4 profitable years in a row build equity to €699k.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €349k ▲449%
3 profitable years in a row build equity to €349k.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-26k ▼373%
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Herentals · 1 establishment unit since 2017
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.
Noordervaart(HRT) 252200 HerentalsGround area
4,145 m²
Building footprint
1,728 m²
Parcel 13302C0364/00E000, Flanders. Linked by address, not a title deed.
1 establishment unit
Clear Visions
since 20172.269.819.893
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13302C0364/00E000 | Flanders | 4,145 m² | 1 · 1,728 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 10,133 EUR awarded · 10,127 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,784 EUR | 1,778 EUR |
| 2023 | 2 | 3,849 EUR | 3,849 EUR |
| 2022 | 1 | 4,500 EUR | 4,500 EUR |
Schemes
Subsidies voor internationaal ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
875500UIZH759REYI025
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Of 976 companies in sector 77210 we hold annual accounts for 217. 82 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-11-2017
Fiscal year end31-12
Activities, NACEBEL
77210Renting and leasing of sports and recreation goods
90022Arts creation and performing arts activities
90392Design and construction of stages and sets
33190Repair, maintenance and installation of machinery and equipment
77222Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.