Equity
-€1.9m
Debts exceed assets in financial year 2026.
Visable
Lifetime
19 annual accounts with figures on one time axispeak €514,898 (2022)
€222,947unchanged
lowest -€424,494 (2025)
-€219,033▲ €205,462
peak -€131,755 (2008)
-€1.9m▼ €219,033
€2.0m▲ 5.9%
peak 10.7 FTE (2009)
2.2 FTE▼ 46.3%
Board4 names since 2021
1 director
Owners3 names in the annual accounts
consolidates
Documentsfilings and deeds
30-10-20261 day before the deadline
2026abbreviated format
Loss of €219,033Staff from 4.1 FTE to 2.2 FTEAppointment: (statutory auditor) 07-08Resignation: (director) 27-03Resignations: VISABLE (director) and (permanent representat… 06-01Equity from -€1.7m to -€1.9m
Key points
from the 2026 annual accountsLosses
-€713,349 in four years
Every financial year from 2023 to 2026 closed with a loss. 2025 was the heaviest.
Debts
€2.0m 1,532% of the balance sheet
Suppliers 43%Taxes and wages 3%Other 54%
Of this, €1.8m falls due within a year.
Staff
2.2 FTE from 10.7 in 2009
Between 2009 and 2026, 79% of the full-time equivalents disappeared.
Board
1 joined · 1 left
Board changed. Latest change 27-03-2026 · 1 in office.
Position in the sector
-1431.9%
Lower solvency than 95% of companies in advertising and market research. Sector median 50.3% · 97 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,920 companies had the same profile as Visable has now. Each dot stands for 18 companies, two years later.
85.3%
were still trading
8.3%
stopped another way
5.8%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,920 companies, not a prediction for Visable. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director, since 01-03-2026
Auditor,
- consolidatesannual accounts 31-03-2026
- deed of 04-04-2024
Recent changes
Appointment: (statutory auditor)
General meeting of 10-06-2026 · Gazette deed
Resignation: (director)
Appointment: (director) · Director discharge: · General meeting of 01-03-2026 · Gazette deed
Resignations: VISABLE (director) and (permanent representative)
Director discharge: VISABLE · Director discharge: · General meeting of 09-09-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 9925:BE0894315353
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Visable Ottignies-Louvain-la-Neuve | €130,803 | €222,947 | -1431.9% | 2.2 |
| M&J CONCEPT Brussels | €107,601 | €199,175 | 25.1% | 1.8 |
| HR SQUARE Ghent | €207,159 | €231,533 | -81.3% | 2.2 |
| Dising Plus Ouffet | €307,444 | €286,036 | 62.0% | 3.5 |
| TARGET ADVERTISING Namur | €331,627 | €117,427 | 34.9% | 2.7 |
| BMG MEDIA Antwerp | €274,179 | €423,891 | -161.8% | 7.1 |
| ARDEK Sint-Truiden | €178,482 | €114,825 | 52.4% | - |
These companies have the same main activity as Visable: media representation (NACE 73120). They are comparable in size and age: total assets between €108,000 and €332,000, founded between 1998 and 2015.
Official details
Source: KBO- Status
- Active since 19-12-2007Normal situation
- Registered office
- 122 active companies are registered at this address8 started in the 12 months before. Source: KBO register, as of 13 November 2026.
- Activity
- Media representationNACE 73120
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 31-03-2026
- Establishment unit
- 2.169.455.2801348 Ottignies-Louvain-la-Neuve, since 20-12-2007
- Financial year end
- 31 March
- Peppol
- Reachable since 10-12-2025
Annual accounts to 31-03-2026
- ≈ €410,000estimated
- €130,803▼ 51.3%
- Employeeson 31-03-2026
- 2▼ 50.0%
- Filing
- Filed on 30-10-2026, 1 day before the end of the filing period
Insights on Visable
Visable files the abbreviated format. That format states no turnover. The gross margin fell from €335,658 in 2008 to €222,947 in 2026.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Visable
- What is the company number of Visable?
- The company number of Visable is 0894.315.353. The VAT number is the same number with BE in front: BE 0894.315.353.
- Where is Visable based?
- The registered office is at Chemin du Cyclotron 6, 1348 Ottignies-Louvain-la-Neuve.Company details
- What does Visable do?
- According to the KBO register, the main activity is media representation (NACE 73120).
- What is the legal form of Visable?
- Visable is a private limited company (BV).
- When was Visable founded?
- Visable was founded on 19-12-2007.
- Is Visable still active?
- Yes, Visable is an active enterprise in the KBO register.
- How many employees does Visable have?
- Visable had an average of 2.2 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- Which joint committee does Visable fall under?
- In its 31-03-2026 annual accounts, Visable states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of Visable?
- The turnover in financial year 2026 is ≈ €410,000. This figure is estimated from the gross margin of €222,947 and 38 comparable companies (NACE 73). It probably lies between €310,000 and €820,000.
- Is Visable profitable?
- In financial year 2026, Visable made a loss of €219,033.
- Where can I find the annual accounts of Visable?
- Visable filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of Visable due?
- Visable must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
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