VISION CL IMMO
ActiveVISION CL IMMO has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €439k and a net result of €61k. Equity is growing by ~11.9% per year across the filed fiscal years. Its solvency ranks better than 50% of 9113 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▲+21
Solvency56▲+5
Growth80▲+16
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.19 against 0.15 in 2024; short-term debt: 29% and cash: 4.8% of total assets), and 68.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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 · 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
31.4%
Return on assets
4.4%
Age of the figures
9 mo
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
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
21 d late
2024
13 d early
2023
15 d early
2022
3 d early
2021
5 d early
2020
61 d late
2019
21 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€385k▲ 4.9%
2020 · €367k
2018: €248k
2019: €334k
2020: €367k
2018 → 2021
EBIT margin
109.8%▲ 92.8pp
2020 · 17.0%
2018: 31.1%
2019: 38.2%
2020: 17.0%
2018 → 2021
Net result
€61k▲ 447%
2024 · €11k
2018: €32k
2019: €71k
2020: €22k
2021: €289k
2022: €142k
2023: €55k
2024: €11k
2018 → 2025
Working capital
€-329k▲ 12.2%
2024 · €-375k
2018: €-236k
2019: €-356k
2020: €-613k
2021: €-1.18M
2022: €16k
2023: €-163k
2024: €-375k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€385k-
Equity€520k-€311k▼ 40.1%€366k▲ 17.7%€378k▲ 3.0%€439k▲ 16.2%
Operating result€422k-€238k▼ 43.6%€82k▼ 65.5%€52k▼ 36.3%€114k▲ 117%
Net result€289k-€142k▼ 50.9%€55k▼ 61.2%€11k▼ 79.7%€61k▲ 447%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 117% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.40M
Fixed assets
€1.32M▼ 2.9%
Current assets
€76k▲ 12.2%
Equity and liabilities €1.40M
Equity
€439k▲ 16.2%
Provisions
€20k▼ 4.4%
Debt
€939k▼ 8.9%
The debt ratio falls from 72.1% to 67.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€182k▲
2024 · €143k
Cash flow
€129k▲
2024 · €102k
Solvency
31.4%▲
2024 · 26.4%
Current ratio
0.19▲
2024 · 0.15
Quick ratio
0.19▲
2024 · 0.15
Debt / equity
2.14▼
2024 · 2.73
ROE
13.9%▲
2024 · 3.0%
ROA
4.4%▲
2024 · 0.8%
Interest coverage
5.53▲
2024 · 3.51
Debt
€939k▼
2024 · €1.03M
Debt ≤ 1 year
€405k▼
2024 · €443k
Debt > 1 year
€518k▼
2024 · €586k
Income taxes
€21k▲
2024 · €1k
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€1.43M€1.40M▼
Fixed assets21/28€1.36M€1.32M▼
Tangible fixed assets22/27€1.36M€1.32M▼
Land and buildings22€1.36M€1.32M▼
Furniture and vehicles24€0-
Current assets29/58€68k€76k▲
Amounts receivable within one year40/41€31k€490▼
Trade receivables40€12k€0▼
Other amounts receivable41€19k€490▼
Cash at bank and in hand54/58€33k€68k▲
Deferred charges and accrued income490/1€4k€8k▲
Equity and liabilities
Total equity and liabilities10/49€1.43M€1.40M▼
Equity10/15€378k€439k▲
Contributions10/11€60k€60k=
Reserves13€318k€379k▲
Tax-exempt reserves132€62k€59k▼
Distributable reserves133€256k€320k▲
Provisions and deferred taxes16€21k€20k▼
Deferred taxes168€21k€20k▼
Amounts payable17/49€1.03M€939k▼
Amounts payable after more than one year17€586k€518k▼
Financial debts170/4€586k€518k▼
Amounts payable within one year42/48€443k€405k▼
Current portion of amounts payable after more than one year42€67k€68k▲
Financial debts43-€7k
Credit institutions430/8-€7k
Trade debts44€20k€5k▼
Suppliers440/4€20k€5k▼
Taxes, remuneration and social security45€41k€3k▼
Taxes450/3€41k€3k▼
Other amounts payable47/48€315k€323k▲
Accrued charges and deferred income492/3€2k€16k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€90k€68k▼
Other operating charges640/8€33k€33k▼
Gross operating margin9900€176k€214k▲
Operating profit (loss)9901€52k€114k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€41k€33k▼
Recurring financial charges65€41k€33k▼
Profit (loss) for the period before taxes9903€12k€81k▲
Transfer from deferred taxes780€865€898▲
Income taxes67/77€1k€21k▲
Profit (loss) for the period9904€11k€61k▲
Transfer from tax-exempt reserves789€3k€3k▲
Profit (loss) for the period to be appropriated9905€14k€64k▲
Appropriation of the result
Profit (loss) to be appropriated9906€14k€64k▲
Transfer to equity691/2€14k€64k▲
To other reserves6921€14k€64k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (16 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
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 21 days late
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €11k ▼79.7%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Liquidity times 16current ratio 1.04
Current ratio from 0.07 to 1.04; short-term debt falls from €1.26M to €422k.
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €289k ▲1201%
Operating result €422k, net result €289k, both a record.
31-12
Financial
Equity above €500kEq €520k ▲125%
4 profitable years in a row build equity to €520k.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 61 days late
2020
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €200kEq €209k ▲51.9%
2 profitable years in a row build equity to €209k.
09-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 9 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Trooz · 1 establishment unit since 2022
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.
Rue Bois Lemoine 484870 TroozGround area
436 m²
Building footprint
330 m²
Volume, LiDAR
3,115 m³
Parcel 62040F0052/00F000, Wallonia · tallest building 12.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
VISION CL IMMO
since 20222.337.917.160
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62040F0052/00F000 | Wallonia | 436 m² | 1 · 330 m² | 12.7 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
JP ENERGY
BE 0810.426.486
Grobbendonk · Eq €439k
DOUTRELCO
BE 0451.050.790
Oudenaarde · Eq €438k
ARDENNES 151
BE 0783.962.116
Liège · Eq €439k
COORDINATION ET REALISATION
BE 0502.279.856
Seraing · Eq €438k
Bricxinvest
BE 0681.868.230
Kontich · Eq €440k
Of 9,697 companies in sector 68121 we hold annual accounts for 7,378. 4,844 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-01-2013
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 13 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.