Vision HC
ActiveSummary
Vision HC has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €197.6m and a net result of -€1.2m. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 87% of 4628 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability36=
Solvency100=
Growth68=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €340,000 at 30 days acceptable
Liquidity short (current ratio 0.18 against 0.22 in 2023; short-term debt: 0.9% and cash: 0% of total assets), and 9.8% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 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 2024Solvency, return and age of the figures
Solvency
90.2%
Return on assets
-0.6%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-06-2026, 39 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
39 d early
2024
77 d early
2023
23 d late
2022
21 d late
2021
61 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 27 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 22 June (4 of the last 5 filed years within 60 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check Which other companies belong to the same group?Vision HC · 6 companies How does this company compare with its sector?Sector benchmark
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Financials · fiscal year 2024, full schema, statutory accounts
In the rankings
#1 company by total assets in Wevelgem, Professional and technical services sector#1 company by equity in Wevelgem, Professional and technical services sector
Turnover
€3.5m▼ 13.4%
2023 · €4.0m
EBIT margin
1.9%▲ 1.0pp
2023 · 0.9%
Net result
-€1.2m▼ 3.0%
2023 · -€1.2m
Working capital
-€1.5m▲ 4.1%
2023 · -€1.6m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€1.0m-€3.6m▲ 261%€4.4m▲ 21.1%€4.0m▼ 9.3%€3.5m▼ 13.4%
Operating result-€25,100--€462,257▼ 1,742%-€135,141▲ 70.8%€35,653€65,212▲ 82.9%
Net result€872,074above the sector's middle half--€1.6mbelow the sector's middle half-€1.3mbelow the sector's middle half▲ 14.4%-€1.2mbelow the sector's middle half▲ 10.8%-€1.2mbelow the sector's middle half▼ 3.0%
EBIT margin-2.5%--12.7%▼ 10.2pp-3.1%▲ 9.7pp0.9%▲ 4.0pp1.9%▲ 1.0pp
Equity€144.4mabove the sector's middle half-€192.3mabove the sector's middle half▲ 33.2%€200.0mabove the sector's middle half▲ 4.0%€198.8mabove the sector's middle half▼ 0.6%€197.6mabove the sector's middle half▼ 0.6%
Total assets€161.6mabove the sector's middle half-€212.8mabove the sector's middle half▲ 31.7%€219.6mabove the sector's middle half▲ 3.2%€219.2mabove the sector's middle half▼ 0.2%€219.1mabove the sector's middle half▼ 0.1%
Debt€17.2m-€20.5m▲ 19.5%€19.6m▼ 4.2%€20.4m▲ 4.0%€21.5m▲ 5.4%
Working capital-€341,063below the sector's middle half--€446,533below the sector's middle half▼ 30.9%-€518,778below the sector's middle half▼ 16.2%-€1.6mbelow the sector's middle half▼ 211%-€1.5mbelow the sector's middle half▲ 4.1%
Solvency89.4%above the sector's middle half-90.4%above the sector's middle half▲ 1.0pp91.1%above the sector's middle half▲ 0.7pp90.7%above the sector's middle half▼ 0.4pp90.2%above the sector's middle half▼ 0.5pp
Current ratio0.79within the sector's middle half-0.87within the sector's middle half▲ 0.090.62within the sector's middle half▼ 0.250.22below the sector's middle half▼ 0.400.18below the sector's middle half▼ 0.04
Return on assets (ROA)0.5%within the sector's middle half--0.7%below the sector's middle half▼ 1.3pp-0.6%below the sector's middle half▲ 0.1pp-0.5%below the sector's middle half▲ 0.1pp-0.6%below the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 83% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €219.1m
Fixed assets
€218.7m =
Current assets
€347,429 ▼ 24.3%
Equity and liabilities €219.1m
Equity
€197.6m ▼ 0.6%
Debt
€21.5m ▲ 5.4%
Debt's share of the balance-sheet total rises from 9.3% to 9.8%. Equity is lower and debt is higher.
Key figures and ratios
Debt to equity
0.11▲
2023 · 0.10
ROE
-0.6%▼
2023 · -0.6%
Debt ≤ 1 year
€1.9m▼
2023 · €2.1m
Debt > 1 year
€19.3m▲
2023 · €18.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €3.9m | €4.7m | €4.3m | €3.5m | ▼ 18.8% |
| Turnover70 | €1.0m | €3.6m | €4.4m | €4.0m | €3.5m | ▼ 13.4% |
| Other operating income74 | - | €268,497 | €303,716 | €267,721 | €0 | ▼ 100% |
| Operating charges60/66A | - | €4.4m | €4.8m | €4.2m | €3.4m | ▼ 19.7% |
| Services and other goods61 | - | €4.4m | €4.8m | €4.2m | €3.4m | ▼ 19.7% |
| Other operating charges640/8 | - | €348 | €868 | €960 | €968 | ▲ 0.8% |
| Operating profit (loss)9901 | -€25,100 | -€462,257 | -€135,141 | €35,653 | €65,212 | ▲ 82.9% |
| Financial income75/76B | - | €1,299 | €1,974 | €2,270 | €883 | ▼ 61.1% |
| Recurring financial income75 | €1.8m | €1,299 | €1,974 | €2,270 | €883 | ▼ 61.1% |
| Other financial income752/9 | - | €1,299 | €1,974 | €2,270 | €883 | ▼ 61.1% |
| Financial charges65/66B | - | €1.1m | €1.2m | €1.2m | €1.3m | ▲ 5.3% |
| Recurring financial charges65 | €564,799 | €1.1m | €1.2m | €1.2m | €1.3m | ▲ 5.3% |
| Debt charges650 | €563,837 | €1.1m | €1.2m | €1.2m | €1.3m | ▲ 5.3% |
| Other financial charges652/9 | - | €590 | €7,223 | €2,612 | €2,068 | ▼ 20.8% |
| Profit (loss) for the period before taxes9903 | €1.2m | -€1.6m | -€1.3m | -€1.2m | -€1.2m | ▼ 3.0% |
| Income taxes67/77 | €315,000 | -€410 | - | - | - | - |
| Tax adjustments and reversals of tax provisions77 | - | €410 | - | - | - | - |
| Profit (loss) for the period9904 | €872,074 | -€1.6m | -€1.3m | -€1.2m | -€1.2m | ▼ 3.0% |
| Profit (loss) for the period to be appropriated9905 | €872,074 | -€1.6m | -€1.3m | -€1.2m | -€1.2m | ▼ 3.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €161.6m | €212.8m | €219.6m | €219.2m | €219.1m | ▼ 0.1% |
| 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 | = |
| Other financial fixed assets284/8 | - | - | €3,212 | €3,212 | €3,212 | = |
| Amounts receivable and cash guarantees285/8 | - | - | €3,212 | €3,212 | €3,212 | = |
| Current assets29/58 | €1.3m | €3.1m | €853,058 | €458,860 | €347,429 | ▼ 24.3% |
| Amounts receivable within one year40/41 | €1.2m | €2.8m | €294,171 | €265,810 | €263,170 | ▼ 1.0% |
| Trade receivables40 | - | €2.8m | €294,171 | €264,518 | €263,170 | ▼ 0.5% |
| Other amounts receivable41 | - | - | - | €1,292 | - | - |
| Cash at bank and in hand54/58 | €994 | €200,936 | €475,608 | €121,431 | €2,178 | ▼ 98.2% |
| Deferred charges and accrued income490/1 | - | €54,240 | €83,279 | €71,619 | €82,081 | ▲ 14.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €161.6m | €212.8m | €219.6m | €219.2m | €219.1m | ▼ 0.1% |
| Equity10/15 | €144.4m | €192.3m | €200.0m | €198.8m | €197.6m | ▼ 0.6% |
| Contributions10/11 | - | €193.0m | €202.0m | €202.0m | €202.0m | = |
| Reserves13 | €872,074 | €872,074 | €872,074 | €872,074 | €872,074 | = |
| Distributable reserves133 | - | €872,074 | €872,074 | €872,074 | €872,074 | = |
| Profit (loss) carried forward14 | - | -€1.6m | -€2.9m | -€4.1m | -€5.3m | ▼ 30.0% |
| Amounts payable17/49 | €17.2m | €20.5m | €19.6m | €20.4m | €21.5m | ▲ 5.4% |
| Amounts payable after more than one year17 | €15.6m | €16.7m | €17.8m | €18.0m | €19.3m | ▲ 7.0% |
| Financial debts170/4 | - | €16.7m | €17.8m | €18.0m | €19.3m | ▲ 7.0% |
| Other loans174 | - | €16.7m | €17.8m | €18.0m | €19.3m | ▲ 7.0% |
| Amounts payable within one year42/48 | €1.6m | €3.5m | €1.4m | €2.1m | €1.9m | ▼ 8.6% |
| Trade debts44 | €1.2m | €2.9m | €441,137 | €465,913 | €197,044 | ▼ 57.7% |
| Suppliers440/4 | - | €2.9m | €441,137 | €465,913 | €197,044 | ▼ 57.7% |
| Taxes, remuneration and social security45 | - | €563,557 | €56,527 | - | €36,891 | - |
| Taxes450/3 | - | €563,557 | €56,527 | - | €36,891 | - |
| Other amounts payable47/48 | - | - | €874,172 | €1.6m | €1.7m | ▲ 3.4% |
| Accrued charges and deferred income492/3 | - | €357,137 | €450,512 | €334,616 | €356,030 | ▲ 6.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €872,074 | -€1.6m | -€1.3m | -€1.2m | -€1.2m | ▼ 3.0% |
| Operating cash flow (approximation) | €872,074 | -€1.6m | -€1.3m | -€1.2m | -€1.2m | ▼ 3.0% |
| Investment in fixed assets (approximation) | - | -€49.4m | -€9.0m | €0 | €0 | - |
| Change in cash | - | €199,942 | €274,672 | -€354,177 | -€119,253 | ▲ 66.3% |
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
Next filing, fiscal year 2026, expected by
2026
22-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
22-06
NBB filing
Annual accounts filed
fiscal year 2025 · consolidated
30-03
State Gazette act
Registered office · Statutes amendmentCapital increase · Share issue8 facts ▸
State Gazette act
Registered office · Statutes amendment
Capital increase · Share issue8 facts ▸
- General meeting, 29 januari 2026
- Capital increase, €3.000.000
- Capital increase, €9.000.000
- Share issue, 1.221.442, 36.048 klasse A Gewone Aandelen, 36.048 klasse B Gewone Aandelen, 574.673 klasse A Preferente Aandelen en 574.673 klasse B Preferente Aandelen
- Share issue, 999.766, 29.506 klasse A Gewone Aandelen, 29.506 klasse B Gewone Aandelen, 470.377 klasse A Preferente Aandelen en 470.377 klasse B Preferente Aandelen
- Share issue, 6.663.624, 196.664 klasse A Gewone Aandelen, 196.664 klasse B Gewone Aandelen, 3.135.148 klasse A Preferente Aandelen en 3.135.148 klasse B Preferente Aandelen
- Statutes amendment
- Statutes amendment
2025
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · consolidated
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 23 days late
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · consolidated · 23 days late
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 21 days late
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · consolidated · 21 days late
2022
01-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · consolidated
2021
31-12
Financial
Weakest financial yearnet -€1.6m
Net result drops to -€1.6m, the lowest in the series; recovery starts the following year.
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 13 acts read
About the unread acts
Of the 13 Belgian State Gazette acts we know for this company, 1 has been read. The other 12 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
13 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
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 Topco
since 20202.303.208.382
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
Heads the group
Vision HC
6 companies
Group, risk and exposure
Owners and holdings
1 holding · 10 subsidiaries in the treeOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
-
100%
All subsidiaries, including indirect ones 10
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
Vision CHC 100%9 subsidiaries
Vision Consumer Health 100%8 subsidiaries
VISION HEALTHCARE 100%7 subsidiaries
- AixSwiss BVNL 100%
- Bärbel Drexel GmbHDE 100%
- Flinndal BVNL 100%
- PURASANA 100%
- Remark BVNL 100%
- VISION HEALTHCARE B.V.NL 100%
- Vision Healthcare Nordic ABSE 100%
According to the 2024 annual accounts of Vision HC 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
Capital over the years
- 30-03-2026 Capital increase of 3,000,000 EUR
- 30-03-2026 Capital increase of 9,000,000 EUR
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Of 82,641 companies in sector 70200 we hold annual accounts for 52,623. 624 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
Founded19-05-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0747496549
Registered
20-11-2020
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.