Must-Vision
ActiveThe computed 12-month bankruptcy probability of Must-Vision is 1.7% (moderate). The 2024 annual accounts show equity of €50k and a net result of €11k. Equity is growing by ~11.2% per year across the filed fiscal years. Its solvency ranks better than 87% of 26043 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81▲+6
Solvency100▲+5
Growth45▲+2
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days only on tighter terms
Liquidity ample (current ratio 4.78 against 3.37 in 2023; short-term debt: 20.8% and cash: 0.6% of total assets), and 20.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-01-2026, 173 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
173 d late
2023
16 d early
2022
1 d late
2021
27 d early
2020
24 d late
2019
8 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€91k▲ 10.4%
2023 · €82k
2018: €96k
2019: €87k
2020: €75k
2021: €85k
2022: €88k
2023: €82k
2018 → 2024
EBIT margin
9.3%▼ 0.7pp
2023 · 10.0%
2018: 18.7%
2019: -1.1%
2020: 6.6%
2021: 0.1%
2022: -7.5%
2023: 10.0%
2018 → 2024
Net result
€11k▲ 31.4%
2023 · €8k
2018: €18k
2019: €-140
2020: €3k
2021: €1k
2022: €3k
2023: €8k
2018 → 2024
Working capital
€50k▲ 28.3%
2023 · €39k
2018: €23k
2019: €22k
2020: €27k
2021: €28k
2022: €26k
2023: €39k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€75k-€85k▲ 12.0%€88k▲ 4.3%€82k▼ 6.7%€91k▲ 10.4%
Equity€27k-€28k▲ 5.1%€31k▲ 8.8%€39k▲ 27.2%€50k▲ 28.1%
Operating result€5k-€105▼ 97.9%€-7k€8k€8k▲ 2.9%
Net result€3k-€1k▼ 49.8%€3k▲ 82.4%€8k▲ 235%€11k▲ 31.4%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 3% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €64k
Fixed assets
€255=
Current assets
€63k▲ 14.1%
Equity and liabilities €64k
Equity
€50k▲ 28.1%
Debt
€13k▼ 19.6%
The debt ratio falls from 29.5% to 20.8%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
79.2%▲
2023 · 70.5%
Current ratio
4.78▲
2023 · 3.37
Quick ratio
4.78▲
2023 · 3.37
Debt / equity
0.26▼
2023 · 0.42
ROE
21.9%▲
2023 · 21.4%
ROA
17.4%▲
2023 · 15.1%
Debt
€13k▼
2023 · €16k
Debt ≤ 1 year
€13k▼
2023 · €16k
Staff costs
€31k▲
2023 · €24k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€56k€64k▲
Fixed assets21/28€255€255=
Financial fixed assets28€255€255=
Current assets29/58€56k€63k▲
Amounts receivable within one year40/41€47k€63k▲
Trade receivables40€5k€4k▼
Other amounts receivable41€42k€59k▲
Cash at bank and in hand54/58€9k€380▼
Deferred charges and accrued income490/1-€1
Equity and liabilities
Total equity and liabilities10/49€56k€64k▲
Equity10/15€39k€50k▲
Contributions10/11€7k€7k=
Profit (loss) carried forward14€32k€43k▲
Amounts payable17/49€16k€13k▼
Amounts payable within one year42/48€16k€13k▼
Current portion of amounts payable after more than one year42€4k€17▼
Trade debts44€4k-
Suppliers440/4€4k-
Taxes, remuneration and social security45€8k€13k▲
Taxes450/3€6k€6k▲
Remuneration and social security454/9€3k€8k▲
Income statement
Code20232024
Turnover70€82k€91k▲
Goods, raw materials, services and sundry goods60/61€53k€48k▼
Remuneration, social security and pensions62€24k€31k▲
Other operating charges640/8€2k€4k▲
Non-recurring operating charges66A€6k-
Gross operating margin9900€40k€43k▲
Operating profit (loss)9901€8k€8k▲
Financial income75/76B€3k€3k▼
Recurring financial income75€3k€3k▼
Financial charges65/66B€652€204▼
Recurring financial charges65€652€204▼
Profit (loss) for the period before taxes9903€11k€11k▲
Income taxes67/77€2k-
Profit (loss) for the period9904€8k€11k▲
Profit (loss) for the period to be appropriated9905€8k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€32k€43k▲
Profit (loss) brought forward from the previous period14P€24k€32k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
20-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 173 days late
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 1 day late
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-140 ▼101%
Net result drops to €-140, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Evere · 1 establishment unit since 2018
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.
Andalusiëlaan 131140 EvereGround area
4,122 m²
Building footprint
1,748 m²
Volume, LiDAR
25,680 m³
2 parcels, Brussels · tallest building 18.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
PEARL OPTICIENS
since 20182.270.911.342
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21372D0319/00Z002 | Brussels | 3,521 m² | 1 · 1,539 m² | 18.4 m · 5 fl. |
| 21445C0263/00N000 | Brussels | 601 m² | 1 · 208 m² | 17.4 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,730 companies in sector 47742 we hold annual accounts for 1,138. 926 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-12-2017
Fiscal year end31-12
Activities, NACEBEL
47742Retail sale of prescription glasses, lenses and sunglasses
47782Retail trade
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.