VISIBEL
ActiveVISIBEL has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11k and a net result of €13k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 39% of 1973 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+3
Solvency61▲+41
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.24 against 0.66 in 2024; short-term debt: 64.4% and cash: 75.6% of total assets), and 64.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
35.6%
Return on assets
40.3%
Age of the figures
9 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
35 d early
2023
47 d early
2022
5 d early
2021
29 d early
2020
4 d early
2019
30 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€11k
2024 · €-2k
2018: €16k
2019: €12k
2020: €19k
2021: €-5k
2022: €-15k
2023: €-8k
2024: €-2k
2018 → 2025
Total assets
€32k▲ 4.9%
2024 · €31k
2018: €24k
2019: €22k
2020: €43k
2021: €25k
2022: €32k
2023: €32k
2024: €31k
2018 → 2025
Net result
€13k▲ 90.3%
2024 · €7k
2018: €-10k
2019: €-5k
2020: €7k
2021: €-24k
2022: €-9k
2023: €6k
2024: €7k
2018 → 2025
Working capital
€5k
2024 · €-11k
2018: €11k
2019: €8k
2020: €11k
2021: €-15k
2022: €-28k
2023: €-17k
2024: €-11k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-5k-€-15k▼ 179%€-8k▲ 43.6%€-2k▲ 81.9%€11k
Operating result€-20k-€-9k▲ 56.2%€9k€12k▲ 26.7%€16k▲ 37.8%
Net result€-24k-€-9k▲ 60.3%€6k€7k▲ 6.0%€13k▲ 90.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 38% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €32k
Fixed assets
€7k▼ 33.1%
Current assets
€26k▲ 22.8%
Equity and liabilities €32k
Equity
€11k
Debt
€21k
Debt finances 64.4% of the balance-sheet total.
Key figures and ratios
EBITDA
€19k▲
2024 · €17k
Cash flow
€16k▲
2024 · €12k
Solvency
35.6%▲
2024 · -4.9%
Current ratio
1.24▲
2024 · 0.66
Quick ratio
1.24▲
2024 · 0.66
Debt / equity
1.81▲
2024 · -21.40
ROE
113.1%
ROA
40.3%▲
2024 · 22.2%
Interest coverage
50.79▼
2024 · 122.00
Debt
€21k▼
2024 · €32k
Debt ≤ 1 year
€21k▼
2024 · €32k
Income taxes
€8k▲
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€31k€32k▲
Fixed assets21/28€10k€7k▼
Tangible fixed assets22/27€10k€7k▼
Plant, machinery and equipment23€6k€4k▼
Furniture and vehicles24€4k€2k▼
Current assets29/58€21k€26k▲
Amounts receivable within one year40/41€5k€1k▼
Trade receivables40€5k€1k▼
Other amounts receivable41-€75
Cash at bank and in hand54/58€15k€24k▲
Deferred charges and accrued income490/1€213-
Equity and liabilities
Total equity and liabilities10/49€31k€32k▲
Equity10/15€-2k€11k▲
Contributions10/11€6k€6k=
Reserves13€2k€5k▲
Distributable reserves133€2k€5k▲
Profit (loss) carried forward14€-10k-
Amounts payable17/49€32k€21k▼
Amounts payable within one year42/48€32k€21k▼
Trade debts44€4k€2k▼
Suppliers440/4€4k€2k▼
Taxes, remuneration and social security45€7k€6k▼
Taxes450/3€7k€6k▼
Other amounts payable47/48€21k€13k▼
Accrued charges and deferred income492/3€387-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€3k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€18k€21k▲
Operating profit (loss)9901€12k€16k▲
Financial income75/76B€35€5k▲
Recurring financial income75€35€5k▲
Non-recurring financial income76B-€5k
Financial charges65/66B€140€379▲
Recurring financial charges65€140€379▲
Profit (loss) for the period before taxes9903€11k€21k▲
Income taxes67/77€5k€8k▲
Profit (loss) for the period9904€7k€13k▲
Profit (loss) for the period to be appropriated9905€7k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€3k▲
Profit (loss) brought forward from the previous period14P€-16k€-10k▲
Transfer to equity691/2-€3k
To other reserves6921-€3k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €13k ▲90.3%
Operating result €16k, net result €13k, both a record.
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
02-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-24k ▼441%
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €7k
Net result €7k after 2 loss-making years.
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Edegem · 1 establishment unit since 2005
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Prins Boudewijnlaan 2552650 EdegemGround area
72 m²
Building footprint
72 m²
Volume, LiDAR
538 m³
Parcel 11013A0256/00C002, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
VISIBEL
since 20052.147.239.015
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11013A0256/00C002 | Flanders | 72 m² | 1 · 72 m² | 10.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
FOCALISE
BE 0468.454.273
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BE 0435.015.306
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LE SOLEIL LEVAIN
BE 0437.454.261
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BE STAGE
BE 0645.717.320
Profondeville · Eq €12k
Handelaarsvereniging van het Zilverpand
BE 0878.708.053
Brugge · Eq €11k
Of 3,394 companies in sector 90393 we hold annual accounts for 939. 508 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-01-2005
Fiscal year end31-12
Activities, NACEBEL
90393Specialised image, lighting and sound technical services
92313
47713Retail trade
96021Hairdressing
96022Beauty treatment
96210Hairdressing and barber services
96220Beauty care and other beauty treatments
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.