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VISE MAGAZINE

Active
Public limited companyfounded 1949active for 76 yearsRue Saint Hadelin(VIS) 14, 4600 Visé, BelgiumKBO/BCE: BE 0403.930.467
Summary

VISE MAGAZINE has been active since 1949 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€61,056) and a net result of €582, of which €41,162 non-recurring income. Equity has been stable since 2018 (±0.8% per year). Its solvency ranks better than 5% of 206 sector peers (NACE 18, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 23-12-1949 Normal situation
Activity
Other printing NACE 18120and 2 others
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2023
Establishment unit
2.006.352.057 4600 Visé, since 01-01-1949
Financial year end
31 December
Peppol
Reachable since 25-11-2025

Board and ownership

Board
  • IMPRIM MANAGEMENTDirector · since 20-06-2025 · permanent representative Jean-Marc Brisbois
Shareholders

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
€10,847
▲ 7.5%
Turnover
≈ €73,000
estimated
Profit
€582
▲ 7.2%
Equity
-€61,056
▲ 0.9%
Total assets
€53,897
▲ 21.0%
  • Negative equity on 31-12-2025
Score breakdownraises riskCapped at 59: negative equityNegative equity -€61,056Sector: Printing and reproduction of recorded media (NACE 18)lowers riskSize: total assets €53,897Founded in 1949Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 27% of micro companies in printing (NACE 18)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0=
equity -113.3% of total assets
Liquidity 43-7
short-term debt 198.0% · cash 34.6%
Profitability 40-1
return on assets 1.1%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (1,614 companies, NACE 18, micro)
Last 24 months 12-2024: 0.8% 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.8%● unchanged vs 06-2025highest value 08-2025: 0.4%▼ -0.4 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.5%▲ +0.1 percentage points vs 06-2026 08-2026: 0.4%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 0.4%● unchanged vs 08-2026lowest value 10-2026: 0.4%● unchanged vs 09-2026lowest value 11-2026: 0.4%● unchanged vs 10-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.5 (0.43 in 2024), below 1. Short-term debt is 198% and cash 34.6% of total assets. Equity is negative.
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 18, micro). It does better than 6% of them on solvency, 30% on liquidity, 26% on profitability and 46% on growth.

The bankruptcy probability was computed on 01-11-2026 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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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€61,056
NBB · annual accounts
lowers risk · Size: total assets €53,897
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1949
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Printing and reproduction of recorded media (NACE 18)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 206 sector peers (2025).
NBB · sector comparison
Position among 206 sector peers
Solvency
better than 5%
← weakest strongest →
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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
11 days early
2024
2 days early
2023
5 days early
2022
31 days late
2021
31 days late
2020
17 days late
2019
17 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 11 days after the deadline. In the sector (NACE 18), the median for financial year 2024 was 5 days before the deadline, and 38% 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 29 July (5 of the last 5 accounts filed within 33 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 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

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€61,056 View
  • Caution: Lower solvency than 95% of companies in printingsector median 46.7% · 206 companies -113.3% View
  • Positive: 5 profitable years in a rowprofit 2025: €582, mostly one-off 5 years View

Recent changes

  1. · Gazette deed Appointment: SRL IMPRIM MANAGEMENT (director)Permanent representative: Jean-Marc Brisbois
All 12 events

Comparable companies

These companies have the same main activity as VISE MAGAZINE: other printing (NACE 18120). They are comparable in size and age: total assets between €32,600 and €96,500, founded between 1950 and 1980.

CompanyTotal assetsGross margin
VISE MAGAZINE Visé€53,897€10,847
Baeyens Antwerpen€50,023€23,640
DIRIX-VERRESEN Antwerpen€72,973€25,364
Drukkerij Moorkens Schilde€96,476€5,663
Drukkerij Delrue Schoten€43,555€3,706
ALEGRIA SERVICES Pittem€32,596€12,049
C.S.S. FOTOGRAVURE Tessenderlo-Ham€60,459€16,999
Full comparison

Key facts about VISE MAGAZINE

What is the company number of VISE MAGAZINE?
The company number of VISE MAGAZINE is 0403.930.467. The VAT number is the same number with BE in front: BE 0403.930.467.
Where is VISE MAGAZINE based?
The registered office is at Rue Saint Hadelin(VIS) 14, 4600 Visé.Company details
What does VISE MAGAZINE do?
According to the KBO register, the main activity is other printing (NACE 18120).
What is the legal form of VISE MAGAZINE?
The legal form of VISE MAGAZINE is Public limited company (NV).
When was VISE MAGAZINE founded?
VISE MAGAZINE was founded on 23-12-1949.
Is VISE MAGAZINE still active?
Yes, VISE MAGAZINE is an active enterprise in the KBO register.
How many employees does VISE MAGAZINE have?
VISE MAGAZINE had an average of 0.8 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
Which joint committee does VISE MAGAZINE fall under?
In its 2023 annual accounts, VISE MAGAZINE states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of VISE MAGAZINE?
The turnover in financial year 2025 is ≈ €73,000. This figure is estimated from the gross margin of €10,847 and 2,698 comparable companies of the same size. It probably lies between €31,000 and €180,000. It is a rough estimate.
Is VISE MAGAZINE profitable?
In financial year 2025, VISE MAGAZINE made a profit of €582.
Where can I find the annual accounts of VISE MAGAZINE?
VISE MAGAZINE filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VISE MAGAZINE due?
VISE MAGAZINE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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