VISION
InactiveVISION was declared bankrupt on 29-02-2024 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed by liquidation by judgment of 18-11-2025, published in the Belgian State Gazette on 21-11-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline22-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 29-12-2022, 151 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
151 d late
2020
31 d late
2019
38 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Equity
€29k▼ 22.2%
2020 · €38k
2018: €39k
2019: €37k
2020: €38k
2018 → 2021
Total assets
€41k▼ 18.3%
2020 · €50k
2018: €56k
2019: €48k
2020: €50k
2018 → 2021
Net result
€-8k
2020 · €529
2018: €8k
2019: €-2k
2020: €529
2018 → 2021
Working capital
€26k▼ 22.6%
2020 · €33k
2018: €35k
2019: €34k
2020: €33k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€39k-€37k▼ 4.8%€38k▲ 1.4%€29k▼ 22.2%
Operating result€10k-€-1k€2k€-8k
Net result€8k-€-2k€529€-8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €8k after €2k in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €41k
Fixed assets
€5k▼ 30.7%
Current assets
€36k▼ 16.1%
Equity and liabilities €41k
Equity
€29k▼ 22.2%
Debt
€12k▼ 6.6%
The debt ratio rises from 25.1% to 28.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-5k▼
2020 · €5k
Cash flow
€-6k▼
2020 · €3k
Solvency
71.3%▼
2020 · 74.9%
Current ratio
3.53▼
2020 · 4.48
Quick ratio
3.25▼
2020 · 4.17
Debt / equity
0.40▲
2020 · 0.08
ROE
-28.5%▼
2020 · 1.4%
ROA
-20.3%▼
2020 · 1.0%
Interest coverage
-6.72
Debt
€12k▼
2020 · €13k
Debt ≤ 1 year
€10k▲
2020 · €10k
Debt > 1 year
€2k▼
2020 · €3k
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€50k€41k▼
Fixed assets21/28€7k€5k▼
Tangible fixed assets22/27€5k€3k▼
Plant, machinery and equipment23-€3k
Financial fixed assets28€2k€2k=
Current assets29/58€43k€36k▼
Stocks and contracts in progress3€3k€3k▼
Stocks30/36-€3k
Amounts receivable within one year40/41€38k€33k▼
Trade receivables40-€4k
Other amounts receivable41-€29k
Cash at bank and in hand54/58€2k-
Deferred charges and accrued income490/1-€24
Equity and liabilities
Total equity and liabilities10/49€50k€41k▼
Equity10/15€38k€29k▼
Contributions10/11-€25k
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€11k€2k▼
Amounts payable17/49€13k€12k▼
Amounts payable after more than one year17€3k€2k▼
Financial debts170/4-€2k
Amounts payable within one year42/48€10k€10k▲
Current portion of amounts payable after more than one year42-€1k
Financial debts43-€1k
Credit institutions430/8-€1k
Trade debts44€5k€5k▼
Suppliers440/4-€5k
Taxes, remuneration and social security45-€2k
Taxes450/3-€2k
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8-€249
Gross operating margin9900€6k€-5k▼
Operating profit (loss)9901€2k€-8k▼
Recurring financial income75€0-
Financial charges65/66B-€792
Recurring financial charges65€2k€792▼
Profit (loss) for the period before taxes9903€529€-8k▼
Profit (loss) for the period9904€529€-8k▼
Profit (loss) for the period to be appropriated9905€529€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€2k
Profit (loss) brought forward from the previous period14P-€11k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
21-11
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · VISION BVBA DORP OOST 16, 2070 BEVEREN-KRUIBEKE-ZWIJNDRECHT · event 18-11-2025
2024
07-03
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · VISION BVBA DORP OOST 16, 2070 BURCHT-ZWIJNDRECHT · event 29-02-2024
2022
29-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 151 days late
2021
31-12
Financial
Weakest financial yearnet €-8k ▼1685%
Net result drops to €-8k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €529
Net result €529 after one loss-making year.
07-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 38 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 26 days late
2015
30-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 61 days late
2014
27-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 27 days late
2013
26-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JOOST PEETERS HAANTJESLEI 69A,
2018 ANTWERPEN 1 |
29-02-2024 → present |