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VISION NORD-SUD

Active
Private limited company (pre-2019)founded 2011active for 15 yearsAvenue de Luxembourg - ATHUS 7, 6791 Aubange, Belgium15 active companies are registered at this addressKBO/BCE: BE 0838.770.876
Summary

The computed 12-month bankruptcy probability of VISION NORD-SUD is 10.7% (high). For VISION NORD-SUD, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €51,631 and a net result of €594. Equity is growing by about 24% per year across the filed financial years. Its solvency ranks better than 95% of 6,526 sector peers (NACE 47, financial year 2022). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Retail sale of prescription glasses, lenses and sunglasses
NACE 47742
1 site
Size
≈ €200,000turnover 2022, estimated
Staff
≈ 0.1 FTE, estimated
Equity
€51,631
Profit
€594
Turnover estimated from the gross margin
Financial health
Bankruptcy probabilitywithin 12 months
10.7%
2022 figures too old to score
Structure
2023 accounts not filed, 821 days past the deadline1 of 3 deeds summarised
Signalsraises riskFigures for financial year 2022 (filed 25-08-2023)3 financial years not filed after the legal deadline; last filed accounts filed 25 days late; 2 of the last 3 late1 change of registered office in 24 monthsSize: total assets €57,962Two or more financial years not filed2022 accounts filed 25 days lateShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2021
Strong
Solvency 100=
equity 89.1% of total assets
Liquidity 53-20
short-term debt 10.9% · cash 2.8%
Profitability 70-30
return on assets 1.0%
Bankruptcy probability, 12 months
10.7% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,263 companies, NACE 47, micro)
Last 24 months 11-2024: 2.1%lowest value 12-2024: 3.0%▲ +0.9 percentage points vs 11-2024 01-2025: 4.5%▲ +1.5 percentage points vs 12-2024 02-2025: 4.5%● unchanged vs 01-2025 03-2025: 4.5%● unchanged vs 02-2025 04-2025: 4.2%▼ -0.3 percentage points vs 03-2025 05-2025: 4.2%● unchanged vs 04-2025 06-2025: 4.2%● unchanged vs 05-2025 07-2025: 7.5%▲ +3.3 percentage points vs 06-2025 08-2025: 9.8%▲ +2.3 percentage points vs 07-2025 09-2025: 11.3%▲ +1.5 percentage points vs 08-2025highest value 10-2025: 11.3%● unchanged vs 09-2025highest value 11-2025: 11.3%● unchanged vs 10-2025highest value 12-2025: 11.3%● unchanged vs 11-2025highest value 01-2026: 11.3%● unchanged vs 12-2025highest value 02-2026: 11.3%● unchanged vs 01-2026highest value 03-2026: 11.3%● unchanged vs 02-2026highest value 04-2026: 11.3%● unchanged vs 03-2026highest value 05-2026: 11.3%● unchanged vs 04-2026highest value 06-2026: 11.3%● unchanged vs 05-2026highest value 07-2026: 11.3%● unchanged vs 06-2026highest value 08-2026: 10.9%▼ -0.4 percentage points vs 07-2026 09-2026: 10.9%● unchanged vs 08-2026 10-2026: 10.7%▼ -0.2 percentage points vs 09-2026
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Signals

Six signals.
raises risk
raises risk · Figures for financial year 2022 (filed 25-08-2023)
NBB · annual accounts
raises risk · 3 financial years not filed after the legal deadline; last filed accounts filed 25 days late; 2 of the last 3 late
NBB · filings
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Size: total assets €57,962
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2023 year end31-07-2024 deadline30-10-2026 today
raises risk · 2022 accounts filed 25 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 25-08-2023, 25 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
25 days late
2021
79 days late
2020
175 days late
2019
34 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 78 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Registered officeRegistered-office move
  2. Annual accounts filedfinancial year 2022 · full…
  3. Liquidity more than doubledcurrent ratio 9.14

Key points

  • Risk: 2023 accounts not fileddeadline was 31-07-2024 821 days past the deadline View
  • Positive: Among the best 5% on solvencysector median 31.4% · 6,526 companies 89.1% View
  • Active since 2011founded 25-08-2011 15 years View

By topic

Financials

Financial year
2022
Total assets
€57,962
Profit
€594
Solvency
89.1%
Total assets▼ 14.0%
Net result
20182022
Go to Financials

Timeline

Events
17
Since
2013
  1. 18-10-2022Annual accounts filed
  2. 22-01-2022Annual accounts filed
  3. 31-12-2021Highest result from 2018 to 2022
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Retail sale of prescription glasses, lenses and sunglassesNACE 47742
Founded
25-08-2011
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Key facts about VISION NORD-SUD

What is the company number of VISION NORD-SUD?
0838.770.876. In Belgium the VAT number is the company number with BE in front: BE 0838.770.876.
Where is VISION NORD-SUD based?
The registered office is at Avenue de Luxembourg - ATHUS 7, 6791 Aubange.Company details
What does VISION NORD-SUD do?
According to the KBO register, the main activity is retail sale of prescription glasses, lenses and sunglasses (NACE 47742).
What is the legal form of VISION NORD-SUD?
Private limited company (pre-2019) (BVBA).
When was VISION NORD-SUD founded?
On 25-08-2011.
Is VISION NORD-SUD still active?
Yes, VISION NORD-SUD is an active enterprise in the KBO register.
What is the turnover of VISION NORD-SUD?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is VISION NORD-SUD profitable?
In financial year 2022, VISION NORD-SUD made a profit of €594.
Where can I find the annual accounts of VISION NORD-SUD?
VISION NORD-SUD filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2022.

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