VISION GRAPHIQUE
ActiveSummary
VISION GRAPHIQUE has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €121k and a net result of €8k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 93% of 8966 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability77▲+70
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 15.66 against 9.25 in 2023; short-term debt: 6% and cash: 5.9% of total assets), and 6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-09-2025, 48 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
not confirmed
2024
48 d late
2023
34 d late
2022
43 d late
2021
23 d late
2020
40 d late
2019
117 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€121k▲ 7.1%
2023 · €113k
2018: €107klowest in 7 years
2019: €118k▲ +10.3% vs 2018
2020: €134k▲ +13.7% vs 2019
2021: €134k▲ +0.1% vs 2020highest in 7 years
2022: €125k▼ -7.0% vs 2021
2023: €113k▼ -9.8% vs 2022
2024: €121k▲ +7.1% vs 2023
2018 → 2024
Total assets
€128k▲ 0.7%
2023 · €127k
2018: €140k
2019: €151k▲ +7.4% vs 2018
2020: €182k▲ +20.4% vs 2019highest in 7 years
2021: €134k▼ -26.0% vs 2020
2022: €138k▲ +2.3% vs 2021
2023: €127k▼ -7.5% vs 2022lowest in 7 years
2024: €128k▲ +0.7% vs 2023
2018 → 2024
Net result
€8k
2023 · €-12k
2018: €9k
2019: €11k▲ +21.5% vs 2018
2020: €16k▲ +47.0% vs 2019highest in 7 years
2021: €149▼ -99.1% vs 2020
2022: €-9k▼ -6376% vs 2021
2023: €-12k▼ -30.7% vs 2022lowest in 7 years
2024: €8k▲ +165% vs 2023
2018 → 2024
Working capital
€112k▲ 13.6%
2023 · €99k
2018: €90klowest in 7 years
2019: €108k▲ +20.2% vs 2018
2020: €116k▲ +6.9% vs 2019
2021: €119k▲ +3.2% vs 2020highest in 7 years
2022: €100k▼ -15.8% vs 2021
2023: €99k▼ -1.5% vs 2022
2024: €112k▲ +13.6% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€134k-€134k▲ 0.1%€125k▼ 7.0%€113k▼ 9.8%€121k▲ 7.1%
2020: €134k
2021: €134k▲ +0.1% vs 2020highest in 5 years
2022: €125k▼ -7.0% vs 2021
2023: €113k▼ -9.8% vs 2022lowest in 5 years
2024: €121k▲ +7.1% vs 2023
Operating result€15k-€-5k€-15k▼ 190%€-16k▼ 3.9%€3k
2020: €15khighest in 5 years
2021: €-5k▼ -135% vs 2020
2022: €-15k▼ -190% vs 2021
2023: €-16k▼ -3.9% vs 2022lowest in 5 years
2024: €3k▲ +118% vs 2023
Net result€16k-€149▼ 99.1%€-9k€-12k▼ 30.7%€8k
2020: €16khighest in 5 years
2021: €149▼ -99.1% vs 2020
2022: €-9k▼ -6376% vs 2021
2023: €-12k▼ -30.7% vs 2022lowest in 5 years
2024: €8k▲ +165% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €3k after a loss of €16k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €128k
Fixed assets
€8k ▼ 50.1%
Current assets
€120k ▲ 8.2%
Equity and liabilities €128k
Equity
€121k ▲ 7.1%
Debt
€8k ▼ 48.0%
Debt's share of the balance-sheet total falls from 11.6% to 6.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€11k▲
2023 · €-6k
Cash flow
€16k▲
2023 · €-2k
Current ratio
15.66▲
2023 · 9.25
Debt to equity
0.06▼
2023 · 0.13
ROE
6.6%▲
2023 · -10.9%
ROA
6.2%▲
2023 · -9.6%
Interest coverage
44.88▲
2023 · -19.77
Debt ≤ 1 year
€8k▼
2023 · €12k
Income taxes
€308▼
2023 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 41 lines
Balance sheet
Code20232024
Assets
Total assets20/58€127k€128k▲
Fixed assets21/28€16k€8k▼
Tangible fixed assets22/27€16k€8k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€315-
Other tangible fixed assets26€13k€6k▼
Current assets29/58€111k€120k▲
Amounts receivable within one year40/41€107k€112k▲
Trade receivables40€16k€15k▼
Other amounts receivable41€92k€97k▲
Cash at bank and in hand54/58€3k€8k▲
Deferred charges and accrued income490/1€288€454▲
Equity and liabilities
Total equity and liabilities10/49€127k€128k▲
Equity10/15€113k€121k▲
Contributions10/11€12k€12k=
Reserves13€31k€31k=
Distributable reserves133€31k€31k=
Profit (loss) carried forward14€69k€77k▲
Amounts payable17/49€15k€8k▼
Amounts payable within one year42/48€12k€8k▼
Trade debts44€12k€5k▼
Suppliers440/4€12k€5k▼
Taxes, remuneration and social security45€442€2k▲
Taxes450/3€442€2k▲
Accrued charges and deferred income492/3€3k€9▼
Income statement
Code20232024
Non-recurring operating income76A€4k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€8k▼
Other operating charges640/8€759€571▼
Non-recurring operating charges66A€2k€1k▼
Gross operating margin9900€-3k€13k▲
Operating profit (loss)9901€-16k€3k▲
Financial income75/76B€5k€6k▲
Recurring financial income75€5k€6k▲
Financial charges65/66B€287€245▼
Recurring financial charges65€287€245▼
Profit (loss) for the period before taxes9903€-11k€8k▲
Income taxes67/77€1k€308▼
Profit (loss) for the period9904€-12k€8k▲
Profit (loss) for the period to be appropriated9905€-12k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€69k€77k▲
Profit (loss) brought forward from the previous period14P€81k€69k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €4k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €4k | €4k | €10k | €8k | ▼ 17.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €3k | - | - | - | - |
| Other operating charges640/8 | - | €0 | €469 | €759 | €571 | ▼ 24.8% |
| Non-recurring operating charges66A | - | - | - | €2k | €1k | ▼ 47.7% |
| Gross operating margin9900 | €35k | €2k | €-10k | €-3k | €13k | ▲ 592% |
| Operating profit (loss)9901 | €15k | €-5k | €-15k | €-16k | €3k | ▲ 118% |
| Financial income75/76B | - | €6k | €6k | €5k | €6k | ▲ 12.0% |
| Recurring financial income75 | €10k | €6k | €6k | €5k | €6k | ▲ 12.0% |
| Financial charges65/66B | - | €957 | €298 | €287 | €245 | ▼ 14.4% |
| Recurring financial charges65 | €378 | €957 | €298 | €287 | €245 | ▼ 14.4% |
| Profit (loss) for the period before taxes9903 | €24k | €249 | €-9k | €-11k | €8k | ▲ 177% |
| Income taxes67/77 | €8k | €100 | - | €1k | €308 | ▼ 78.8% |
| Profit (loss) for the period9904 | €16k | €149 | €-9k | €-12k | €8k | ▲ 165% |
| Profit (loss) for the period to be appropriated9905 | €16k | €149 | €-9k | €-12k | €8k | ▲ 165% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €182k | €134k | €138k | €127k | €128k | ▲ 0.7% |
| Fixed assets21/28 | €18k | €15k | €24k | €16k | €8k | ▼ 50.1% |
| Tangible fixed assets22/27 | €16k | €13k | €22k | €16k | €8k | ▼ 50.1% |
| Plant, machinery and equipment23 | - | - | €435 | €3k | €2k | ▼ 46.6% |
| Furniture and vehicles24 | - | €5k | €3k | €315 | - | - |
| Other tangible fixed assets26 | - | €8k | €19k | €13k | €6k | ▼ 49.8% |
| Financial fixed assets28 | €2k | €2k | €2k | - | - | - |
| Current assets29/58 | €163k | €120k | €113k | €111k | €120k | ▲ 8.2% |
| Amounts receivable within one year40/41 | €151k | €111k | €109k | €107k | €112k | ▲ 4.4% |
| Trade receivables40 | - | €10k | €7k | €16k | €15k | ▼ 7.2% |
| Other amounts receivable41 | - | €101k | €102k | €92k | €97k | ▲ 6.3% |
| Cash at bank and in hand54/58 | €12k | €9k | €4k | €3k | €8k | ▲ 133% |
| Deferred charges and accrued income490/1 | - | - | - | €288 | €454 | ▲ 57.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €182k | €134k | €138k | €127k | €128k | ▲ 0.7% |
| Equity10/15 | €134k | €134k | €125k | €113k | €121k | ▲ 7.1% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €31k | €31k | €31k | €31k | €31k | = |
| Non-distributable reserves130/1 | - | - | €2k | - | - | - |
| Reserves not available under the articles1311 | - | - | €2k | - | - | - |
| Distributable reserves133 | - | €31k | €29k | €31k | €31k | = |
| Profit (loss) carried forward14 | €90k | €91k | €81k | €69k | €77k | ▲ 11.6% |
| Amounts payable17/49 | €48k | €307 | €13k | €15k | €8k | ▼ 48.0% |
| Amounts payable within one year42/48 | €48k | €307 | €13k | €12k | €8k | ▼ 36.1% |
| Trade debts44 | €36k | €0 | €12k | €12k | €5k | ▼ 53.0% |
| Suppliers440/4 | - | €0 | €12k | €12k | €5k | ▼ 53.0% |
| Taxes, remuneration and social security45 | - | €307 | €1k | €442 | €2k | ▲ 406% |
| Taxes450/3 | - | €307 | €1k | €442 | €2k | ▲ 406% |
| Accrued charges and deferred income492/3 | - | - | - | €3k | €9 | ▼ 99.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16k | €149 | €-9k | €-12k | €8k | ▲ 165% |
| + Depreciation and write-downs630 | €5k | €4k | €4k | €10k | €8k | ▼ 17.6% |
| Operating cash flow (approximation) | €21k | €4k | €-5k | €-2k | €16k | ▲ 807% |
| Investment in fixed assets (approximation) | - | €0 | €-14k | €-2k | €0 | ▲ 100% |
| Change in cash | - | €-3k | €-5k | €-741 | €4k | ▲ 677% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
17-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 48 days late
2024
31-12
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
03-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 34 days late
2023
31-12
Financial
Weakest financial yearnet €-12k
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
12-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 43 days late
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-12
Financial
Liquidity times 114current ratio 390.03
Current ratio from 3.43 to 390.03; short-term debt falls from €48k to €307.
09-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 40 days late
2020
31-12
Financial
Highest result since 2018net €16k ▲47%
Operating result €15k, net result €16k, both a record.
25-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 117 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
22-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 53 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Grimbergen · 1 establishment unit since 2007
Ground area
1,258 m²
Building footprint
305 m²
Volume, LiDAR
1,253 m³
Parcel 23402E0059/00D000, Flanders · tallest building 7.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Beukendreef 25, 1850 Grimbergen
since 20072.303.834.528
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23402E0059/00D000 | Flanders | 1,257 m² | 1 · 305 m² | 7.0 m · 1 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.
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Of 9,862 companies in sector 73110 we hold annual accounts for 3,753. 3,005 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-12-2007
Fiscal year end31-12
Activities, NACEBEL 2025
73110Advertising agencies
Scores and ratios are computed by Checked and are not a credit decision.