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VIS A VIS

Active
Non-profit associationfounded 1983active for 43 yearsRue de l'Etoile 5, 5000 Namur, BelgiumKBO/BCE: BE 0424.346.393

From the official registers: KBO 18 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

VIS A VIS has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €208,312 and a net result of €46,775. Equity has been growing by about 40% per year since 2018. Its solvency ranks better than 18% of 663 sector peers (NACE 88, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

KBO
Status
Active since 27-01-1983 Normal situation
Activity
Other social work without accommodation NACE 88999
Establishment units
2.177.571.212 5000 Namur, since 18-01-2003
2.244.423.513 5000 Namur, since 01-09-2015
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Board
and 2 other directors

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€2.1m
▼ 11.4%
Turnover
≈ €2.2m
estimated
Surplus
€46,775
▼ 8.2%
Equity
€208,312
▲ 26.4%
Total assets
€1.0m
▲ 6.9%
Staff
28.3 FTE
▼ 3.7%
Filed on 17-09-2026, 48 days after the deadlineat the National Bank
Score breakdownraises riskLast filed accounts filed 48 days late; 2 of the last 3 accounts latelowers riskLegal form: non-profit associationLiquidity: current ratio 0.86, cash €319,416Sector: Social work activities without accommodation (NACE 88)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 49% of small companies in social work without accommodation (NACE 88)
Financial strength · tick: 2024
Strong
Solvency 45+3
equity 19.9% of total assets
Liquidity 56+7
short-term debt 60.6% · cash 30.4%
Profitability 74-1
return on assets 4.5%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median < 0.1% (589 companies, NACE 88, small)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 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%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025highest value 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%● unchanged 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 09-2026lowest value
Credit of up to €19,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.86 (0.79 in 2024), below 1. Short-term debt is 60.6% and cash 30.4% of total assets. 80.1% of the assets are financed with debt and provisions.
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 88, small). It does better than 19% of them on solvency, 34% on liquidity, 62% on profitability and 82% on growth.

The bankruptcy probability was computed on 31-10-2026 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. 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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Legal form: non-profit association
KBO
raises risk · Last filed accounts filed 48 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 0.86, cash €319,416
NBB · annual accounts
lowers risk · Sector: Social work activities without accommodation (NACE 88)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 663 sector peers (2025).
NBB · sector comparison
Position among 663 sector peers
Solvency
better than 18%
← weakest strongest →
raises risk · 2025 accounts filed 48 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-09-2026, 48 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
48 days late
2024
61 days late
2023
30 days late
2022
31 days late
2021
137 days late
2020
26 days late
2019
189 days late
← 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 75 days after the deadline. In the sector (NACE 88), the median for financial year 2024 was 24 days before the deadline, and 25% 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 17 September (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower solvency than 81% of companies in social work without accommodationsector median 52.0% · 663 companies 19.9% View
  • A director leftlatest change 18-08-2026 · 6 in office 1 left View
  • Positive: 5 profitable years in a rowprofit 2025: €46,775 5 years View
  • Wallonia-Brussels supportpaid from 2024 to 2025 €116,718 View

Comparable companies

These companies have the same main activity as VIS A VIS: other social work without accommodation (NACE 88999). They are comparable in size and age: total assets between €1m and €1.3m, founded between 1983 and 1988.

CompanyTotal assetsGross margin
VIS A VIS Namur€1.0m€2.1m
BOUILLON DE CULTURES Schaarbeek€1.1m€1.9m
I.SO.C.E.L.E Verviers€1.0m€2.4m
SAAMO Gent Gent€1.0m€2.3m
SAAMO provincie Antwerpen vzw Mechelen€1.3m€2.3m
Mission Locale pour l'emploi de Saint-Gilles Sint-Gillis (bij-Brussel)€1.3m€2.2m
FORMATION - INSERTION - JEUNES Sint-Gillis (bij-Brussel)€1.1m€2.6m
Full comparison

Documents

Annual accounts at the NBB

All 18 annual accounts

Articles and registers

Key facts about VIS A VIS

What is the company number of VIS A VIS?
The company number of VIS A VIS is 0424.346.393. The VAT number is the same number with BE in front: BE 0424.346.393.
Where is VIS A VIS based?
The registered office is at Rue de l'Etoile 5, 5000 Namur.Company details
What does VIS A VIS do?
According to the KBO register, the main activity is other social work without accommodation (NACE 88999).
What is the legal form of VIS A VIS?
The legal form of VIS A VIS is Non-profit association (VZW).
When was VIS A VIS founded?
VIS A VIS was founded on 27-01-1983.
Is VIS A VIS still active?
Yes, VIS A VIS is an active enterprise in the KBO register.
How many employees does VIS A VIS have?
VIS A VIS had an average of 28.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of VIS A VIS?
The turnover in financial year 2025 is ≈ €2.2m. This figure is estimated from the gross margin of €2.1m and 32 comparable companies (NACE 88). It probably lies between €2.1m and €2.5m.
Is VIS A VIS profitable?
In financial year 2025, VIS A VIS made a profit of €46,775.
Where can I find the annual accounts of VIS A VIS?
VIS A VIS filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of VIS A VIS due?
VIS A VIS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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