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Vision CHC

Active
Private limited companyfounded 20206 yrs activeNijverheidslaan 3, 8560 Wevelgem, BelgiumKBO/BCE: BE 0747.498.331
Summary

The computed 12-month bankruptcy probability of Vision CHC is 2.1% (moderate). The 2024 annual accounts show equity of €218.7m and a net result of -€2,930. Equity is growing by ~3.1% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability37=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000,000 at 30 days acceptable
Liquidity short (current ratio 0.0 against 0.0 in 2023; short-term debt: 0% and cash: 0% of total assets), and 0% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
100%
Return on assets
0%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-05-2025, 77 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
not confirmed
2024
77 d early
2023
23 d late
2022
21 d late
2021
60 d early
2020
45 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 5 accounts on average 28 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 19 May 2020, Vision CHC was incorporated as a Private limited company.1 In 2026 the capital was increased by EUR 3 million.2 Total assets went from EUR 160 million in 2020 to EUR 219 million in 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 30-03-2026
  3. 3National Bank, annual accounts 2020 and 2024

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Financials · fiscal year 2024, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€2,930▼ 18.2%
2023 · -€2,479
Working capital
-€60,678▼ 5.1%
2023 · -€57,748
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€30,266--€17,764▲ 41.3%-€6,150▲ 65.4%-€1,320▲ 78.5%-€1,727▼ 30.8%
Net result-€30,280--€18,297▲ 39.6%-€6,693▲ 63.4%-€2,479▲ 63.0%-€2,930▼ 18.2%
Equity€160.3m-€209.7m▲ 30.8%€218.7m▲ 4.3%€218.7m=€218.7m=
Total assets€160.3m-€209.7m▲ 30.8%€218.7m▲ 4.3%€218.7m=€218.7m=
Debt€30,321-€48,949▲ 61.4%€55,601▲ 13.6%€57,979▲ 4.3%€60,793▲ 4.9%
Working capital-€27,255--€48,577▼ 78.2%-€55,269▼ 13.8%-€57,748▼ 4.5%-€60,678▼ 5.1%
Result per fiscal year
Operating resultNet result
-€40,000-€30,000-€20,000-€10,000€0Operating result 2020: -€30,266-€30,266Net result 2020: -€30,280-€30,280Operating result 2021: -€17,764-€17,764Net result 2021: -€18,297-€18,297Operating result 2022: -€6,150-€6,150Net result 2022: -€6,693-€6,693Operating result 2023: -€1,320-€1,320Net result 2023: -€2,479-€2,479Operating result 2024: -€1,727-€1,727Net result 2024: -€2,930-€2,93020202021202220232024-€8,000-€6,000-€4,000-€2,000€0Operating result 2022: -€6,150-€6,150Net result 2022: -€6,693-€6,690Operating result 2023: -€1,320-€1,320Net result 2023: -€2,479-€2,480Operating result 2024: -€1,727-€1,730Net result 2024: -€2,930-€2,930202220232024
The operating result stays negative: a loss of €1,727 in 2024 against €1,320 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €218.7m
Fixed assets €218.7m =
Current assets €115 ▼ 50.2%
Equity and liabilities €218.7m
Equity €218.7m =
Debt €60,793 ▲ 4.9%
Debt's share of the balance-sheet total stays at 0.0%.
Key figures and ratios
2024 value · change against 2023
Current ratio
0.00▼
2023 · 0.00
Debt to equity
0.00▲
2023 · 0.00
ROE
0.0%▼
2023 · 0.0%
ROA
0.0%▼
2023 · 0.0%
Debt ≤ 1 year
€60,793▲
2023 · €57,979
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 27 lines
Balance sheet Code20232024
Assets
Total assets20/58€218.7m€218.7m=
Fixed assets21/28€218.7m€218.7m=
Financial fixed assets28€218.7m€218.7m=
Affiliated companies280/1€218.7m€218.7m=
Participating interests280€218.7m€218.7m=
Current assets29/58€231€115▼
Cash at bank and in hand54/58€231€115▼
Equity and liabilities
Total equity and liabilities10/49€218.7m€218.7m=
Equity10/15€218.7m€218.7m=
Contributions10/11€218.7m€218.7m=
Profit (loss) carried forward14-€57,748-€60,678▼
Amounts payable17/49€57,979€60,793▲
Amounts payable within one year42/48€57,979€60,793▲
Other amounts payable47/48€57,979€60,793▲
Income statement Code20232024
Operating charges60/66A€1,320€1,727▲
Services and other goods61€359€759▲
Other operating charges640/8€960€968▲
Operating profit (loss)9901-€1,320-€1,727▼
Financial charges65/66B€1,159€1,203▲
Recurring financial charges65€1,159€1,203▲
Debt charges650€559€587▲
Other financial charges652/9€600€616▲
Profit (loss) for the period before taxes9903-€2,479-€2,930▼
Profit (loss) for the period9904-€2,479-€2,930▼
Profit (loss) for the period to be appropriated9905-€2,479-€2,930▼
Appropriation of the result
Profit (loss) to be appropriated9906-€57,748-€60,678▼
Profit (loss) brought forward from the previous period14P-€55,269-€57,748▼

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Operating charges60/66A-€17,764€6,150€1,320€1,727▲ 30.8%
Services and other goods61-€17,417€5,282€359€759▲ 111%
Other operating charges640/8-€348€868€960€968▲ 0.8%
Operating profit (loss)9901-€30,266-€17,764-€6,150-€1,320-€1,727▼ 30.8%
Recurring financial income75€1.8m-----
Financial charges65/66B-€532€543€1,159€1,203▲ 3.8%
Recurring financial charges65€1.8m€532€543€1,159€1,203▲ 3.8%
Debt charges650€1.8m€364€502€559€587▲ 5.1%
Other financial charges652/9-€169€41€600€616▲ 2.7%
Profit (loss) for the period before taxes9903-€30,280-€18,297-€6,693-€2,479-€2,930▼ 18.2%
Profit (loss) for the period9904-€30,280-€18,297-€6,693-€2,479-€2,930▼ 18.2%
Profit (loss) for the period to be appropriated9905-€30,280-€18,297-€6,693-€2,479-€2,930▼ 18.2%
Line20202021202220232024Change
Assets
Total assets20/58€160.3m€209.7m€218.7m€218.7m€218.7m=
Fixed assets21/28€160.3m€209.7m€218.7m€218.7m€218.7m=
Financial fixed assets28€160.3m€209.7m€218.7m€218.7m€218.7m=
Affiliated companies280/1-€209.7m€218.7m€218.7m€218.7m=
Participating interests280-€209.7m€218.7m€218.7m€218.7m=
Current assets29/58€41€372€331€231€115▼ 50.2%
Cash at bank and in hand54/58€41€372€331€231€115▼ 50.2%
Equity and liabilities
Total equity and liabilities10/49€160.3m€209.7m€218.7m€218.7m€218.7m=
Equity10/15€160.3m€209.7m€218.7m€218.7m€218.7m=
Contributions10/11-€209.7m€218.7m€218.7m€218.7m=
Profit (loss) carried forward14-€30,280-€48,577-€55,269-€57,748-€60,678▼ 5.1%
Amounts payable17/49€30,321€48,949€55,601€57,979€60,793▲ 4.9%
Amounts payable within one year42/48€27,296€48,949€55,601€57,979€60,793▲ 4.9%
Trade debts44€27,296-€868---
Suppliers440/4--€868---
Other amounts payable47/48-€48,949€54,733€57,979€60,793▲ 4.9%
Line20202021202220232024Change
Profit (loss) for the period9904-€30,280-€18,297-€6,693-€2,479-€2,930▼ 18.2%
Operating cash flow (approximation)-€30,280-€18,297-€6,693-€2,479-€2,930▼ 18.2%
Investment in fixed assets (approximation)--€49.4m-€9.0m€0€0-
Change in cash-€331-€41-€100-€116▼ 16.0%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
30-03
State Gazette act Registered office · Statutes amendment
Capital increase · Share issue · Capital8 facts ▸
  • General meeting, 29 januari 2026
  • Capital increase, €3.000.000
  • Capital increase, €9.000.000
  • Share issue, aandelen, 1.045.296
  • Share issue, aandelen, 3.135.889
  • Capital
  • Statutes amendment
  • Power of attorney, bestuursorgaan/notaris
2025
15-05
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
23-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 23 days late
2023
21-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 21 days late
2022
01-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
16-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
State Gazette actNBB filing
1 of 14 acts read
About the unread acts

Of the 14 Belgian State Gazette acts we know for this company, 1 has been read. The other 13 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
14 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wevelgem · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
1.3 ha
Building footprint
8,072 m²
Volume, LiDAR
37,591 m³
Parcel 34012A0428/02P002, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
Constellation Midco
Nijverheidslaan 3, 8560 WevelgemHoldings
since 20202.303.208.085
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34012A0428/02P002 Flanders 1.3 ha 1 · 8,072 m² 9.5 m · 2 fl.
Linked by address, not proof of ownership
Good to know
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

Part of the group Vision HC 6 companies Group, risk and exposure

Owners and holdings

1 owner · 1 holding · 9 subsidiaries in the tree

Chain of control

  1. Vision HC 100%
  2. Vision CHC

Highest known parent: Vision HC. The sources do not say who stands above it.

Owners 1

Holdings 1

All subsidiaries, including indirect ones 9

Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.

According to the 2024 annual accounts of Vision CHC and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Capital and shareholders

Shareholders according to the acts
After 2 capital increases act of 30-03-2026 ↗
  • VISION HC

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 30-03-2026 Capital increase of 3,000,000 EUR
  2. 30-03-2026 Capital increase of 9,000,000 EUR

Identification & contact

Identification
Legal formPrivate limited company
Founded19-05-2020
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0747498331
Registered 20-11-2020

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.