Financials
- Financial year
- 2025
- Total assets
- €3.7m
- Profit
- €64,754
- Solvency
- 15.2%
M.A.D. VISE
ActiveSummary
M.A.D. VISE has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €564,717 and a net result of €64,754. Equity remains stable across the filed financial years (±0.9% per year). Its solvency ranks better than 26% of 5,007 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Activity
Non-specialised retail sale with food, beverages or tobacco predominating
NACE 47110
3rd largest employer in Visé, Wholesale and retail trade sector1 site
Size
€3.7mtotal assets 2025
- Staff
- 20.8 FTE
- Equity
- €564,717
- Profit
- €64,754
Structure
- Holdings
- 1
2025 accounts 65 days early8 deeds in the Belgian Official Gazette
Why 84raises riskEquity €564,717 (15.2% of total assets)Sector: Retail trade (NACE 47)lowers riskLiquidity: current ratio 1.10, cash €838,710Founded in 1988Show the evidence
Checked score
Score 2025
84
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 38% of its sector peers (NACE 47, small)
Financial strength · tick = 2024
Average
Solvency
40-2
equity 15.2% of total assets
Liquidity
54-1
short-term debt 48.1% · cash 22.5%
Profitability
50+13
return on assets 1.7%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%lowest value
12-2024: 0.1%● unchanged vs 11-2024lowest value
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025lowest value
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: 0.2%▲ +0.1 percentage points vs 05-2025
07-2025: 0.4%▲ +0.2 percentage points vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026highest value
06-2026: 0.3%▼ -0.1 percentage points vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.3%● unchanged vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.1, compared with 1.14 in 2024, below the usual 1.5; short-term debt: 48.1% and cash: 22.5% of total assets), and 84.8% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 47, small): better than 29% on solvency, 72% on liquidity, 32% on profitability and 21% on growth.
The bankruptcy probability was computed on 23-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
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 27-05-2026, 65 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
65 days early
2024
56 days early
2023
51 days early
2022
54 days early
2021
33 days early
2020
38 days early
2019
20 days 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 40 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% 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 7 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- Annual accounts filedfinancial year 2024 · full…
- Annual accounts filedfinancial year 2023 · full…
Key points
By topic
Network & group
- Holdings
- 1
1 holding
Timeline
- Events
- 34
- Since
- 1996
- Next accounts
- by 31-07-2027
- 31-12-2023Highest result from 2018 to 2025
- 08-12-2023Incorporation · Founder
- 07-06-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Non-specialised retail sale with food, beverages or tobacco…NACE 47110
- Founded
- 20-12-1988
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about M.A.D. VISE
- What is the company number of M.A.D. VISE?
- 0436.960.650. In Belgium the VAT number is the company number with BE in front: BE 0436.960.650.
- Where is M.A.D. VISE based?
- The registered office is at Rue de Dalhem(VIS) 15, 4600 Visé.Company details
- What does M.A.D. VISE do?
- According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
- What is the legal form of M.A.D. VISE?
- Public limited company (NV).
- When was M.A.D. VISE founded?
- On 20-12-1988.
- Is M.A.D. VISE still active?
- Yes, M.A.D. VISE is an active enterprise in the KBO register.
- How many employees does M.A.D. VISE have?
- On average 20.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of M.A.D. VISE?
- €0 in financial year 2021, according to the filed annual accounts.
- Is M.A.D. VISE profitable?
- In financial year 2025, M.A.D. VISE made a profit of €64,754.
- Where can I find the annual accounts of M.A.D. VISE?
- M.A.D. VISE filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of M.A.D. VISE due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to M.A.D. VISE
Subsidiaries and holdings
- MALLET23.08%
Comparable companies
- LI QUN SUPERMARKTOostende
- MYDECI FOODSChaumont-Gistoux
- AMBRIHerentals
- HERMADISOupeye
- BasiliekScherpenheuvel-Zichem
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