Vision - Action
ActiveVision - Action has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.49M and a net result of €16k. Equity is growing by ~9.9% per year across the filed fiscal years. Its solvency ranks better than 24% of 649 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability43▲+1
Solvency10▲+4
Growth54▼-12
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €180k at 30 days acceptable
Liquidity short (current ratio 0.2 against 0.38 in 2024), and 84.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
higher
← 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
15.3%
Return on assets
0.1%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 649 sector peers (2025).
NBB · sector comparisonPosition among 649 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 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
20 d late
2024
28 d late
2023
26 d late
2022
4 d early
2021
18 d late
2020
16 d late
2019
25 d late
← 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€2.77M▼ 2.6%
2024 · €2.84M
2023: €2.41M
2024: €2.84M
2023 → 2025
EBIT margin
23.3%▲ 2.5pp
2024 · 20.8%
2023: 32.0%
2024: 20.8%
2023 → 2025
Net result
€16k
2024 · €-2k
2018: €488k
2019: €109k
2020: €220k
2021: €75k
2022: €-111k
2023: €143k
2024: €-2k
2018 → 2025
Working capital
€-2.06M▼ 8.3%
2024 · €-1.90M
2018: €233k
2019: €-828k
2020: €-874k
2021: €-440k
2022: €-1.60M
2023: €-1.71M
2024: €-1.90M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€2.41M€2.84M▲ 17.7%€2.77M▼ 2.6%
Equity€1.51M-€1.40M▼ 7.3%€1.54M▲ 10.3%€2.07M▲ 34.9%€3.49M▲ 68.3%
Operating result€336k-€338k▲ 0.6%€772k▲ 128%€591k▼ 23.4%€645k▲ 9.2%
Net result€75k-€-111k€143k€-2k€16k
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 9% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €22.79M
Fixed assets
€22.27M▲ 8.2%
Current assets
€521k▼ 54.9%
Equity and liabilities €22.79M
Equity
€3.49M▲ 68.3%
Provisions
€214k▼ 2.5%
Debt
€19.08M▼ 1.9%
The debt ratio falls from 89.4% to 83.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€1.88M▲
2024 · €1.83M
Cash flow
€1.25M▲
2024 · €1.24M
Solvency
15.3%▲
2024 · 9.5%
Current ratio
0.20▼
2024 · 0.38
Quick ratio
0.20▼
2024 · 0.38
Debt / equity
5.47▼
2024 · 9.37
ROE
0.5%▲
2024 · -0.1%
ROA
0.1%▲
2024 · 0.0%
Interest coverage
3.06▼
2024 · 3.08
Debt
€19.08M▼
2024 · €19.44M
Debt ≤ 1 year
€2.58M▼
2024 · €3.06M
Debt > 1 year
€16.47M▲
2024 · €16.36M
Income taxes
€7k▼
2024 · €12k
Staff costs
€32k▼
2024 · €227k
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€21.74M€22.79M▲
Fixed assets21/28€20.58M€22.27M▲
Intangible fixed assets21€95k€71k▼
Tangible fixed assets22/27€19.15M€17.81M▼
Land and buildings22€8.00M€7.66M▼
Furniture and vehicles24€136k€64k▼
Leasing and similar rights25€10.98M€9.91M▼
Assets under construction and advance payments27€36k€174k▲
Financial fixed assets28€1.33M€4.38M▲
Affiliated companies280/1€1.33M-
Participating interests280€1.33M-
Companies linked by participating interests282/3-€4.38M
Participating interests282-€4.38M
Other financial fixed assets284/8€8k€8k=
Amounts receivable and cash guarantees285/8€8k€8k=
Current assets29/58€1.16M€521k▼
Amounts receivable after more than one year29€550k€0▼
Other amounts receivable291€550k€0▼
Stocks and contracts in progress3-€0
Amounts receivable within one year40/41€551k€430k▼
Trade receivables40€363k€405k▲
Other amounts receivable41€188k€25k▼
Cash at bank and in hand54/58€46k€83k▲
Deferred charges and accrued income490/1€10k€8k▼
Equity and liabilities
Total equity and liabilities10/49€21.74M€22.79M▲
Equity10/15€2.07M€3.49M▲
Contributions10/11€20k€1.42M▲
Revaluation surpluses12€52k€52k=
Reserves13€802k€789k▼
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Tax-exempt reserves132€786k€773k▼
Distributable reserves133€15k€17k▲
Profit (loss) carried forward14€1.20M€1.23M▲
Provisions and deferred taxes16€220k€214k▼
Provisions for liabilities and charges160/5€88k€88k=
Pensions and similar obligations160€88k€88k=
Deferred taxes168€132k€126k▼
Amounts payable17/49€19.44M€19.08M▼
Amounts payable after more than one year17€16.36M€16.47M▲
Financial debts170/4€16.34M€16.47M▲
Subordinated loans170€760k€1.86M▲
Leasing and similar obligations172€9.48M€8.64M▼
Credit institutions173€4.74M€5.27M▲
Other loans174€1.37M€695k▼
Trade debts175€20k-
Suppliers1750€20k-
Amounts payable within one year42/48€3.06M€2.58M▼
Current portion of amounts payable after more than one year42€1.58M€1.75M▲
Financial debts43€686k€240k▼
Credit institutions430/8€686k€240k▼
Trade debts44€587k€453k▼
Suppliers440/4€587k€453k▼
Taxes, remuneration and social security45€139k€12k▼
Taxes450/3€96k€7k▼
Remuneration and social security454/9€43k€6k▼
Other amounts payable47/48€71k€127k▲
Accrued charges and deferred income492/3€19k€31k▲
Income statement
Code20242025
Operating income70/76A€3.05M€2.89M▼
Turnover70€2.84M€2.77M▼
Other operating income74€208k€129k▼
Operating charges60/66A€2.46M€2.25M▼
Goods for resale, raw materials and consumables60€108k€3k▼
Purchases600/8€108k€3k▼
Services and other goods61€730k€696k▼
Remuneration, social security and pensions62€227k€32k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.24M€1.24M▼
Other operating charges640/8€154k€67k▼
Non-recurring operating charges66A-€215k
Operating profit (loss)9901€591k€645k▲
Financial income75/76B€9k€3k▼
Recurring financial income75€9k€3k▼
Income from current assets751-€3k
Other financial income752/9€9k€3▼
Financial charges65/66B€595k€631k▲
Recurring financial charges65€595k€631k▲
Debt charges650€594k€616k▲
Other financial charges652/9€1k€15k▲
Profit (loss) for the period before taxes9903€4k€17k▲
Transfer from deferred taxes780€5k€5k=
Income taxes67/77€12k€7k▼
Taxes670/3€12k€7k▼
Profit (loss) for the period9904€-2k€16k▲
Transfer from tax-exempt reserves789€13k€13k=
Profit (loss) for the period to be appropriated9905€11k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.20M€1.23M▲
Profit (loss) brought forward from the previous period14P€1.19M€1.20M▲
Social balance
Average headcount (FTE)90876.71.2▼
The notes to these accounts (78 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
01-09
State Gazette act
Deed · MergerDeed · Merger · Share cancellation5 facts ▸
State Gazette act
Deed · Merger
Deed · Merger · Share cancellation5 facts ▸
- Deed, 2026-07-29
- Merger, absorption, 2026-06-30
- Share cancellation, 1000
- Shareholding, 1000, 100
- Tax exemption, exonération d'impôt conformément aux articles 211 à 213 du Code des Impôts sur les Revenus (CIR 92) tels que modifiés par la loi du 6 août 1993
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 20 days late
2025
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema · 28 days late
2024
31-12
Financial
Equity above €2MEq €2.07M ▲34.9%
Equity rises from €1.54M to €2.07M.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema · 26 days late
2023
31-12
Financial
Back to profitnet €143k
Net result €143k after one loss-making year.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €-111k ▼247%
Net result drops to €-111k, the lowest in the series; recovery starts the following year.
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 18 days late
2021
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 16 days late
2020
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 25 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 10 days late
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
12-10-2023
Vincent Gaillard: Resigned as Managing director
30-06-2008
Marie-Paule MEUNIER: Resigned as Manager
Location & real-estate footprint
Registered office, Lasne · 1 establishment unit since 2002
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.
Avenue du Général Lobau 221380 LasneGround area
2,223 m²
Building footprint
258 m²
Volume, LiDAR
1,453 m³
Parcel 25061A0046/00W002, Wallonia · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VISION - ACTION
since 20022.134.442.042
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25061A0046/00W002 | Wallonia | 2,223 m² | 1 · 258 m² | 7.7 m · 2 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.
Structure & network
Acquisitions and mergers
1 transactionTook over:CITYTRANS
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Remant Globe Logistics
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ANTWERP ZOMERWEG TERMINAL
BE 0681.745.296
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TC & T
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Of 3,176 companies in sector 52250 we hold annual accounts for 1,944. 826 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-12-1987
Fiscal year end31-12
Activities, NACEBEL
52250Logistics services
52290Warehousing and support activities for transportation
70200Business and other management consultancy
70220Business consulting
74131
74142
52100Warehousing and storage
73200Market research and public opinion polling
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.