Skip to content

ROBOVISION

Active
Private limited companyfounded 2008active for 18 yearsForeestelaan 88, 9000 Gent, Belgium17 active companies are registered at this addressKBO/BCE: BE 0899.613.236
Summary

The annual accounts of ROBOVISION for financial year 2025 show a net loss of 71% of total assets. The 2025 annual accounts show equity of €18.5m and a net result of -€16.1m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 93% of 382 sector peers (NACE 28, financial year 2025). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Manufacture of machinery and equipment not elsewhere classified
NACE 28990Computer programming NACE 62100
10th largest company by equity in East Flanders, Machinery and equipment sector1 site
Size
€7.4moperating revenue 2025
Staff
73.9 FTE
Equity
€18.5m
Loss
-€16.1m
Financial health
55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Structure
Holdings
1
Accounts 3 days early9 of 20 deeds read
Why 55raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €16.1m, the second in a row (financial year 2025)Liquidity: current ratio 7.13, cash €893,339lowers riskEquity €18.5m (82.0% of total assets)Founded in 2008Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 46% of its sector peers (NACE 28, medium-sized)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 100=
equity 82.0% of total assets
Liquidity 55+1
short-term debt 9.3% · cash 4.0%
Profitability 0=
return on assets -71.1%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (101 companies, NACE 28, medium-sized)
Last 24 months 11-2024: 1.7% 12-2024: 1.7%● unchanged vs 11-2024 01-2025: 1.7%● unchanged vs 12-2024 02-2025: 1.8%▲ +0.1 percentage points vs 01-2025 03-2025: 1.7%▼ -0.1 percentage points vs 02-2025 04-2025: 1.8%▲ +0.1 percentage points vs 03-2025 05-2025: 1.9%▲ +0.1 percentage points vs 04-2025 06-2025: 2.0%▲ +0.1 percentage points vs 05-2025 07-2025: 2.1%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.9%▼ -1.2 percentage points vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.8%▼ -0.1 percentage points vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.9%▲ +0.1 percentage points vs 03-2026 05-2026: 0.5%▼ -0.4 percentage points vs 04-2026lowest value 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.8%▲ +0.3 percentage points vs 07-2026 09-2026: 0.8%● unchanged vs 08-2026 10-2026: 0.8%● unchanged vs 09-2026
Credit of up to €340,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 7.13, compared with 10.92 in 2024, above the usual 1.5; short-term debt: 9.3% and cash: 4% of total assets), and 18% 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 28, medium-sized): better than 95% on solvency, 79% on liquidity, 4% on profitability and 7% on growth.

The bankruptcy probability was computed on 18-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €16.1m, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Equity €18.5m (82.0% of total assets)
NBB · annual accounts
lowers risk · Founded in 2008
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 7.13, cash €893,339
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€16.1m
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 days early
2024
17 days early
2023
127 days early
2022
41 days early
2021
38 days early
2020
158 days early
2019
14 days early
← 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 57 days before the deadline; the sector median (NACE 28) for financial year 2024 is 11 days before the deadline, and 32% 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 2 July (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
18-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. RestructuringMerger · Name clause ·…
  2. Annual accounts filedfinancial year 2025 · full…
  3. Appointment: ShiftGear Advisors Belgium (director and…Permanent representative: van de PAS…

Key points

  • Risk: 5 loss-making years in a rowloss financial year 2025 -€16.1m View
  • Caution: Among the weakest 5% on net resultsector median €157,807 · 382 companies -€16.1m View
  • Caution: Turnover fell in 2025from €5.4m to €3.4m ▼ 36.7% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Flemish supportawarded from 2022 to 2025 €1.3m View
  • Board changedlatest change 06-01-2026 · 2 in office 1 joined · 1 left View

By topic

Financials

Financial year
2025
Turnover
€3.4m
Loss
-€16.1m
Solvency
82.0%
Turnover▼ 36.7%
Net result
20192025
Go to Financials

Board & ownership

Board
2 members
  • ShiftGear Advisors Belgium BVManaging director
  • James DeningDirector
Go to Board & ownership

Network & group

Subsidiaries
1
Connected companies
4
Mergers and asset contributions
1

1 subsidiary

Go to Network & group

Timeline

Events
30
Since
2010
Next accounts
by 31-07-2027
  1. 06-01-2026Appointment: ShiftGear Advisors Belgium BV (director and…
  2. 31-12-2025Weakest financial year
  3. 09-10-2025Resignation: Bao-Y Van Cong (director)
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of machinery and equipment not elsewhere classifiedNACE 28990
Founded
01-08-2008
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
32
Annual meeting
Third Thursday of May at 18:00
Purpose
“Het verwerven en realiseren van opdrachten die betrekking hebben op het inzetten van…” (deed in Dutch)
Go to Articles of association

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.