Vision'
ActiveVision' has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15.86M and a net result of €-583k. Equity is growing by ~15% per year across the filed fiscal years. Its solvency ranks better than 57% of 9113 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability25▼-19
Solvency65▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €950k at 30 days acceptable
Liquidity ample (current ratio 3.62 against 1.32 in 2024; short-term debt: 17.3% and cash: 0.2% of total assets), but 60.4% 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 68
Relative position
BE, all sectors
reference
Sector 68
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
39.6%
Return on assets
-1.5%
Age of the figures
12 mo
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 17-05-2026, 17 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
17 d late
2024
26 d late
2023
on the day
2022
3 d late
2021
2 d late
2020
24 d early
2019
4 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€15.86M▼ 3.5%
2024 · €16.45M
2018: €7.11M
2019: €7.95M
2020: €9.09M
2021: €10.81M
2022: €14.07M
2023: €15.76M
2024: €16.45M
2018 → 2025
Total assets
€40.02M▼ 10.7%
2024 · €44.81M
2018: €12.97M
2019: €19.87M
2020: €19.03M
2021: €24.34M
2022: €25.12M
2023: €28.36M
2024: €44.81M
2018 → 2025
Net result
€-583k
2024 · €683k
2018: €2.02M
2019: €2.41M
2020: €1.13M
2021: €1.72M
2022: €3.26M
2023: €1.69M
2024: €683k
2018 → 2025
Working capital
€18.12M▲ 157%
2024 · €7.04M
2018: €9.89M
2019: €12.49M
2020: €13.33M
2021: €6.62M
2022: €6.40M
2023: €5.18M
2024: €7.04M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€10.81M-€14.07M▲ 30.2%€15.76M▲ 12.0%€16.45M▲ 4.3%€15.86M▼ 3.5%
Operating result€2.12M-€4.61M▲ 118%€2.81M▼ 39.1%€1.68M▼ 40.3%€777k▼ 53.7%
Net result€1.72M-€3.26M▲ 89.1%€1.69M▼ 48.1%€683k▼ 59.6%€-583k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 54% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €40.02M
Fixed assets
€14.99M▼ 3.3%
Current assets
€25.03M▼ 14.6%
Equity and liabilities €40.02M
Equity
€15.86M▼ 3.5%
Debt
€24.16M▼ 14.8%
The debt ratio falls from 63.3% to 60.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€1.29M▼
2024 · €2.20M
Cash flow
€-71k▼
2024 · €1.20M
Solvency
39.6%▲
2024 · 36.7%
Current ratio
3.62▲
2024 · 1.32
Quick ratio
0.03▲
2024 · 0.02
Debt / equity
1.52▼
2024 · 1.72
ROE
-3.7%▼
2024 · 4.2%
ROA
-1.5%▼
2024 · 1.5%
Interest coverage
0.95▼
2024 · 2.79
Debt
€24.16M▼
2024 · €28.36M
Debt ≤ 1 year
€6.91M▼
2024 · €22.26M
Debt > 1 year
€15.73M▲
2024 · €5.73M
Staff costs
€117k▼
2024 · €144k
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€44.81M€40.02M▼
Fixed assets21/28€15.50M€14.99M▼
Tangible fixed assets22/27€15.50M€14.99M▼
Land and buildings22€15.50M€14.99M▼
Furniture and vehicles24€5k€2k▼
Financial fixed assets28€250€250=
Current assets29/58€29.31M€25.03M▼
Stocks and contracts in progress3€28.81M€24.81M▼
Stocks30/36€28.81M€24.81M▼
Amounts receivable within one year40/41€390k€151k▼
Trade receivables40€20k-
Other amounts receivable41€370k€151k▼
Cash at bank and in hand54/58€111k€74k▼
Equity and liabilities
Total equity and liabilities10/49€44.81M€40.02M▼
Equity10/15€16.45M€15.86M▼
Contributions10/11€50k€50k=
Reserves13€16.39M€15.81M▼
Tax-exempt reserves132€3.05M€1.12M▼
Distributable reserves133€13.34M€14.70M▲
Profit (loss) carried forward14€7k€994▼
Amounts payable17/49€28.36M€24.16M▼
Amounts payable after more than one year17€5.73M€15.73M▲
Other amounts payable178/9€5.73M€15.73M▲
Amounts payable within one year42/48€22.26M€6.91M▼
Financial debts43€4.34M€1.60M▼
Credit institutions430/8€4.34M€1.60M▼
Trade debts44€45k€85k▲
Suppliers440/4€45k€85k▲
Taxes, remuneration and social security45€3k€8k▲
Taxes450/3€3k€2k▼
Remuneration and social security454/9-€6k
Other amounts payable47/48€17.87M€5.21M▼
Accrued charges and deferred income492/3€374k€1.52M▲
Income statement
Code20242025
Remuneration, social security and pensions62€144k€117k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€518k€512k▼
Other operating charges640/8€116k€341k▲
Non-recurring operating charges66A-€10k
Gross operating margin9900€2.46M€1.76M▼
Operating profit (loss)9901€1.68M€777k▼
Financial income75/76B€23k€1▼
Recurring financial income75€23k€1▼
Financial charges65/66B€788k€1.36M▲
Recurring financial charges65€788k€1.36M▲
Profit (loss) for the period before taxes9903€913k€-583k▼
Income taxes67/77€230k-
Profit (loss) for the period9904€683k€-583k▼
Transfer from tax-exempt reserves789-€1.94M
Profit (loss) for the period to be appropriated9905€683k€1.35M▲
Appropriation of the result
Profit (loss) to be appropriated9906€687k€1.36M▲
Profit (loss) brought forward from the previous period14P€4k€7k▲
Transfer to equity691/2€680k€1.36M▲
To other reserves6921€680k€1.36M▲
Social balance
Average headcount (FTE)90872.62.3▼
The notes to these accounts (7 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
17-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 17 days late
2025
30-09
Financial
Weakest financial yearnet €-583k ▼185%
Net result drops to €-583k, the lowest in the series.
30-09
Financial
Liquidity triplescurrent ratio 3.62
Current ratio from 1.32 to 3.62; short-term debt falls from €22.26M to €6.91M.
26-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
03-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 3 days late
2022
30-09
Financial
Highest result since 2018net €3.26M ▲89.1%
Operating result €4.61M, net result €3.26M, both a record.
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 2 days late
2021
30-09
Financial
Equity above €10MEq €10.81M ▲19%
4 profitable years in a row build equity to €10.81M.
06-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
04-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 4 days late
2019
04-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
04-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Leuven · 1 establishment unit since 2000
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.
Koning Leopold I-straat 263000 LeuvenGround area
363 m²
Building footprint
235 m²
Volume, LiDAR
2,597 m³
2 parcels, Flanders · tallest building 16.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Leopold Beosierlaan 61, 3010 Leuven
since 20002.099.374.067
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24502B0267/00C014 | Flanders | 216 m² | 1 · 134 m² | 16.3 m · 4 fl. |
| 24482F0223/00C003 | Flanders | 147 m² | 1 · 101 m² | 13.6 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
OPEX ROESELARE
BE 0759.898.295
Roeselare · Eq €15.89M
IMMOBILIERE DE LA LAINE
BE 0829.987.329
Brussel · Eq €15.94M
MULTI PROPERTIES
BE 0632.704.769
Sint-Gillis (bij-Brussel) · Eq €15.74M
ANDROMEDA HOTEL
BE 0405.305.590
Oostende · Eq €15.73M
COGESPAR
BE 0439.662.792
Ukkel · Eq €16.06M
Of 9,133 companies in sector 68201 we hold annual accounts for 6,762. 1,577 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-01-2000
Fiscal year end30-09
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 25 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.