Equity
€1,954 from €154,271 in 2017
Equity fell by 99% in 8 years.
VISAM
Lifetime
20 annual accounts with figures on one time axis, 21 filings since 2005peak €193,838 (2021)
€59,002▲ 163%
lowest -€53,385 (2017)
€7,123▲ 20×
peak €154,271 (2017)
€1,954▲ €7,123
€113,615▲ 5.4%
peak 0.9 FTE (2011)
-not published
Board2 names since 2024
1 director
Documentsfilings and deeds
22-06-202639 days before the deadline
2025micro format
Gross margin from €22,470 to €59,002Result from €359 to €7,123Equity from -€5,169 to €1,954Cash from €395 to €5,306
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 931 companies had the same profile as VISAM has now. Each dot stands for 3 companies, two years later.
93.1%
were still trading
4.6%
stopped another way
1.9%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 931 companies, not a prediction for VISAM. 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.
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Signals
Board and ownership
Manager
- 56 sharesdeed of 27-06-2024
- 56 sharesdeed of 27-06-2024
- 74 sharesdeed of 27-06-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0865365110
Legal-form change
Registered office clause: rue des Pommiers 19, 7911 Frasnes-lez-Anvaing (Oeudeghien) · General meeting of 23-08-2024 · Gazette deed
New manager
appointed, resigned · Director discharge: · holds 56 shares · General meeting of 29-05-2024 · Gazette deed
Registered office moved within Brugelette
New registered office: 12 A Place de la Résistance, 7940 Brugelette · Previous registered office: Place de la Résistance 12, 7940 Brugelette · General meeting of 01-05-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VISAM Frasnes-lez-Anvaing | €115,569 | €59,002 | 1.7% | - |
| LANTERFANTER Saint-Vith | €137,820 | €54,861 | -164.4% | - |
| BEN & HET Vielsalm | €133,480 | €61,325 | 60.7% | 0.7 |
| Hotel Hemelhuys Hasselt | €126,531 | €73,337 | 31.8% | - |
| Gîtes de Renuamont Sainte-Ode | €151,604 | €45,075 | 75.2% | - |
| RESIDENCE BIERNAUX Charleroi | €173,307 | €47,114 | 8.2% | - |
| CITY HOTEL GENT Destelbergen | €117,578 | €34,526 | 29.2% | - |
These companies have the same main activity as VISAM: holiday cottages, homes and apartments (NACE 55203). They are comparable in size and age: total assets between €118,000 and €173,000, founded between 1996 and 2009.
Official details
Source: KBO- Status
- Active since 18-05-2004Normal situation
- Activity
- Holiday cottages, homes and apartmentsNACE 55203
- Establishment unit
- 2.151.830.6777940 Brugelette, since 22-02-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2025
Annual accounts 2025
- ≈ €180,000estimated
- €115,569▲ 12.6%
- Employeeson 31-12-2025
- 1▼ 50.0%
- Filing
- Filed on 22-06-2026, 39 days before the end of the filing period
Insights on VISAM
VISAM files the micro format. That format states no turnover. The gross margin fell from €65,240 in 2006 to €59,002 in 2025.
The balance sheet grew most from 2024 to 2025 through fixed assets.
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 VISAM
- What is the company number of VISAM?
- The company number of VISAM is 0865.365.110. The VAT number is the same number with BE in front: BE 0865.365.110.
- Where is VISAM based?
- The registered office is at Rue des Pommiers 19, 7911 Frasnes-lez-Anvaing.Company details
- What does VISAM do?
- According to the KBO register, the main activity is holiday cottages, homes and apartments (NACE 55203).
- What is the legal form of VISAM?
- VISAM is a private limited company (BV).
- When was VISAM founded?
- VISAM was founded on 18-05-2004.
- Is VISAM still active?
- Yes, VISAM is an active enterprise in the KBO register.
- How many employees does VISAM have?
- VISAM had an average of 1.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of VISAM?
- The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €59,002 and 2,666 comparable companies of the same size. It probably lies between €120,000 and €310,000. It is a rough estimate.
- Is VISAM profitable?
- In financial year 2025, VISAM made a profit of €7,123.
- Where can I find the annual accounts of VISAM?
- VISAM filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VISAM due?
- VISAM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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