Equity
VISION*R paid out €56,324 in dividends. That is 121% of the 2025 profit.
VISION*R paid out €56,324 in dividends. That is 121% of the 2025 profit.
Debts rose by €62,413 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
The last five annual accounts were filed 13 to 37 days before the end of the period.
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 51% of them on solvency, 14% on liquidity, 53% on profitability and 34% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 31,368 companies had the same profile as VISION*R has now. Each dot stands for 79 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of VISION*R itself: 0.1% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for VISION*R. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 2.33 (3.85 in 2024), above the usual 1.5. Short-term debt is 40.7% and cash 3.9% of total assets. 40.7% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 19 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| VISION*R Willebroek | €282,163 | €83,879 | 59.3% | - |
| @-SIGN Kasterlee | €293,132 | €77,653 | 45.2% | - |
| DUOFLOW Mortsel | €265,678 | €83,311 | 83.2% | - |
| CONDUCTIVE Antwerp | €305,989 | €82,151 | 57.4% | - |
| HD CONSULTING Oud-Turnhout | €273,359 | €80,446 | 84.0% | - |
| NEXT VERSION SOFTWARE Kontich | €252,276 | €81,768 | 83.5% | - |
| OMNISOFT SOLUTIONS Kasterlee | €304,685 | €91,754 | 95.9% | - |
These companies have the same main activity as VISION*R: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €252,000 and €306,000, founded between 2003 and 2007.
VISION*R files the micro format. That format states no turnover. The gross margin rose from €42,413 in 2006 to €83,879 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €160,000. Estimated: probably between €140,000 and €210,000.
Higher than 49% of 21,205 companies in 2025.
Higher than 48% of 20,568 companies in 2025.
Higher than 47% of 20,743 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
282,163 | 229,656 | 190,744 | 307,979 | 266,738 | 216,502 | 194,440 | 187,242 | 187,749 | 196,168 | 198,532 | 211,425 | 218,464 | 239,907 | 128,380 | 162,990 | 142,077 | 114,545 | 90,161 | 70,501 | |
21/28 |
14,412 | 27,766 | 39,021 | 53,085 | 59,601 | 73,199 | 85,897 | 98,887 | 109,819 | 122,360 | 121,899 | 128,921 | 137,647 | 123,206 | 15,586 | 16,076 | 16,976 | 25,584 | 18,974 | 20,114 | |
22/27 |
14,412 | 27,766 | 39,021 | 53,085 | 59,601 | 73,199 | 85,897 | 98,887 | 109,819 | 122,360 | 121,899 | 128,921 | 137,647 | 123,206 | 15,586 | 16,076 | 16,976 | 25,584 | 18,974 | 20,114 | |
22 |
11,767 | 24,446 | 37,287 | 50,128 | 58,251 | 70,270 | 82,667 | 95,064 | 107,460 | 119,857 | 115,171 | 124,052 | 134,390 | 119,518 | 12,450 | 13,088 | 13,725 | 14,363 | - | - | |
23 |
1,145 | 605 | 1,519 | 2,478 | 398 | 1,289 | 2,663 | 3,823 | 2,109 | 2,004 | 2,286 | 3,870 | 3,257 | 3,688 | 3,136 | 2,989 | 2,142 | 5,358 | 8,327 | 4,584 | |
24 |
1,500 | 2,715 | 215 | 479 | 952 | 1,640 | 568 | - | 250 | 499 | 4,442 | 998 | - | - | - | - | 1,109 | 5,755 | 10,419 | 15,184 | |
26 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 109 | 228 | 346 | |
29/58 |
267,752 | 201,889 | 151,724 | 254,894 | 207,137 | 143,303 | 108,543 | 88,355 | 77,930 | 73,808 | 76,633 | 82,505 | 80,817 | 116,700 | 112,794 | 146,914 | 125,101 | 88,961 | 71,187 | 50,387 | |
3 |
2,838 | 2,305 | 3,044 | 1,739 | 784 | 1,183 | 1,057 | 1,824 | 924 | 1,048 | 1,367 | 678 | 6,235 | 836 | 499 | - | - | - | - | - | |
30/36 |
2,838 | 2,305 | 3,044 | 1,739 | 784 | 1,183 | 1,057 | 1,824 | 924 | 1,048 | 1,367 | 678 | 6,235 | 836 | 499 | - | - | - | - | - | |
40/41 |
10,415 | 10,329 | 14,351 | 6,492 | 8,602 | 15,954 | 12,022 | 7,389 | 13,314 | 9,362 | 10,870 | 9,657 | 20,064 | 27,474 | 6,227 | 8,195 | 12,500 | 14,447 | 28,964 | 25,663 | |
40 |
8,329 | 6,542 | 12,650 | 6,396 | 8,586 | 15,740 | 12,022 | 2,299 | 8,654 | 4,033 | 6,918 | 1,642 | 4,749 | 7,105 | 4,630 | 6,503 | 9,704 | 5,771 | 24,552 | 24,740 | |
41 |
2,086 | 3,786 | 1,701 | 96 | 16 | 214 | - | 5,090 | 4,660 | 5,329 | 3,952 | 8,016 | 15,315 | 20,369 | 1,597 | 1,692 | 2,796 | 8,675 | 4,413 | 924 | |
50/53 |
240,569 | 175,401 | 120,356 | 230,000 | 185,000 | 120,000 | 90,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
54/58 |
11,061 | 11,350 | 13,973 | 16,406 | 10,955 | 4,364 | 5,465 | 78,885 | 58,323 | 63,397 | 64,396 | 72,169 | 54,518 | 88,390 | 105,967 | 137,895 | 111,782 | 73,795 | 42,212 | 24,716 | |
490/1 |
2,869 | 2,505 | 0 | 258 | 1,797 | 1,802 | - | 258 | 5,369 | - | - | - | - | - | 100 | 824 | 819 | 719 | 10 | 8 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
282,163 | 229,656 | 190,744 | 307,979 | 266,738 | 216,502 | 194,440 | 187,242 | 187,749 | 196,168 | 198,532 | 211,425 | 218,464 | 239,907 | 128,380 | 162,990 | 142,077 | 114,545 | 90,161 | 70,501 | |
10/15 |
167,322 | 177,228 | 146,467 | 124,518 | 98,978 | 68,866 | 59,727 | 54,909 | 40,418 | 143,260 | 139,882 | 128,531 | 130,750 | 142,970 | 120,783 | 92,199 | 133,856 | 104,450 | 77,027 | 53,165 | |
10/11 |
6,200 | 9,189 | 9,189 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 107,630 | 107,630 | 107,630 | 107,630 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 120,030 | 120,030 | 120,030 | 120,030 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
161,122 | 168,039 | 137,278 | 118,318 | 92,778 | 62,666 | 53,527 | 48,709 | 34,218 | 35,630 | 32,252 | 20,901 | 23,120 | 136,770 | 114,583 | 85,999 | 127,656 | 98,250 | 70,827 | 46,965 | |
130/1 |
- | - | 0 | 2,989 | 2,989 | 2,989 | - | - | - | - | - | 12,000 | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 2,989 | 2,989 | 2,989 | 2,989 | 2,911 | 2,560 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | 0 | 2,989 | 2,989 | 2,989 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1319 |
- | - | - | - | - | - | - | - | - | - | - | 12,000 | - | - | - | - | - | - | - | - | |
133 |
161,122 | 168,039 | 137,278 | 115,329 | 89,789 | 59,677 | 50,538 | 45,720 | 31,229 | 32,641 | 29,341 | 6,341 | 21,260 | 134,910 | 112,723 | 84,139 | 125,796 | 96,390 | 68,967 | 45,105 | |
14 |
0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
17/49 |
114,841 | 52,428 | 44,277 | 183,461 | 167,760 | 147,636 | 134,714 | 132,334 | 147,332 | 52,908 | 58,650 | 82,894 | 87,714 | 96,937 | 7,597 | 70,791 | 8,220 | 10,094 | 13,134 | 17,336 | |
17 |
- | - | - | - | - | 6,807 | 14,853 | 22,766 | 30,554 | 38,191 | 45,694 | 53,087 | 60,180 | 67,112 | - | - | - | - | - | - | |
170/4 |
- | - | - | - | - | 6,807 | 14,853 | 22,766 | 30,554 | 38,191 | 45,694 | 53,087 | 60,180 | 67,112 | - | - | - | - | - | - | |
42/48 |
114,841 | 52,428 | 44,277 | 183,461 | 167,760 | 140,829 | 119,860 | 109,568 | 116,778 | 13,792 | 12,520 | 29,169 | 27,534 | 26,606 | 5,015 | 70,791 | 8,220 | 10,094 | 13,134 | 17,042 | |
42 |
- | - | - | - | 6,806 | 8,046 | 7,913 | 7,785 | 7,637 | 7,504 | 7,370 | 7,093 | 6,932 | 6,775 | - | - | - | - | - | - | |
43 |
1,194 | 1,495 | 2,401 | 1,226 | 777 | 419 | 1,945 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
430/8 |
1,194 | 1,495 | 2,401 | 1,226 | 777 | 419 | 1,945 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
44 |
2,487 | 71 | 679 | 2,199 | 3,086 | 1,855 | 125 | 3,522 | 9,432 | 3,010 | 2,878 | 1,635 | 11,511 | 15,181 | 2,762 | 7,866 | 3,293 | 2,849 | 5,888 | 1,571 | |
440/4 |
2,487 | 71 | 679 | 2,199 | 3,086 | 1,855 | 125 | 3,522 | 9,432 | 3,010 | 2,878 | 1,635 | 11,511 | 15,181 | 2,762 | 7,866 | 3,293 | 2,849 | 5,888 | 1,571 | |
46 |
5,288 | 2,118 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
45 |
47,519 | 44,186 | 38,896 | 68,391 | 47,724 | 29,352 | 10,413 | 1,032 | 2,925 | 3,279 | 2,273 | 9,191 | 9,090 | 4,650 | 2,253 | 11,925 | 4,927 | 7,245 | 7,245 | 15,471 | |
450/3 |
15,702 | 12,393 | 6,896 | 41,125 | 25,799 | 9,002 | 3,476 | 1,032 | 750 | 3,279 | 2,273 | 6,691 | 4,740 | 2,475 | 2,253 | 9,750 | 2,752 | 5,070 | 5,070 | 13,296 | |
454/9 |
31,816 | 31,793 | 32,000 | 27,266 | 21,926 | 20,350 | 6,938 | - | 2,175 | - | - | 2,500 | 4,350 | 2,175 | - | 2,175 | 2,175 | 2,175 | 2,175 | 2,175 | |
47/48 |
58,353 | 4,558 | 2,302 | 111,646 | 109,368 | 101,156 | 99,464 | 97,229 | 96,784 | - | - | 11,250 | - | - | - | 51,000 | - | - | - | - | |
492/3 |
- | - | - | - | - | - | - | - | - | 925 | 435 | 638 | - | 3,219 | 2,582 | - | - | - | - | 294 | |
| Income statement | |||||||||||||||||||||
76A |
- | - | 0 | 21,409 | - | - | 4,538 | - | - | 75 | 2,245 | - | - | 5,050 | - | - | - | - | - | - | |
9900 |
83,879 | 63,777 | 48,313 | 55,332 | 65,026 | 32,698 | 27,018 | 41,154 | 18,351 | 11,954 | 37,838 | 37,721 | 16,719 | 39,794 | 45,803 | 34,129 | 53,915 | 52,117 | 50,511 | 42,413 | |
630 |
14,470 | 14,886 | 14,064 | 13,687 | 13,598 | 15,455 | 15,393 | 15,677 | 14,521 | 15,103 | 16,783 | 13,794 | 12,603 | 11,106 | 2,794 | 4,313 | 10,341 | 10,364 | 11,501 | 8,668 | |
640/8 |
1,463 | 1,071 | 1,178 | 1,165 | 2,122 | 1,258 | 1,505 | 3,572 | 3,080 | 2,873 | 3,411 | 2,712 | 2,436 | 3,106 | 2,130 | 2,004 | 2,031 | 1,681 | 3,103 | 1,489 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 27 | - | |
9901 |
67,947 | 47,821 | 33,071 | 40,480 | 49,306 | 15,985 | 10,120 | 21,905 | 749 | -6,021 | 17,644 | 21,215 | 1,680 | 25,582 | 40,880 | 27,813 | 41,544 | 40,072 | 35,908 | 32,257 | |
75/76B |
1,158 | 781 | 549 | 766 | 7 | 1 | 6 | 1 | 55 | 12,669 | 151 | 274 | 413 | 1,490 | 1,329 | 1,868 | 1,178 | 400 | 146 | 87 | |
75 |
1,158 | 781 | 549 | 766 | 7 | 1 | 6 | 1 | 55 | 72 | 151 | 274 | 413 | 1,490 | 1,329 | 1,868 | 1,178 | 400 | 146 | 87 | |
76B |
- | - | - | - | - | - | - | - | - | 12,597 | - | - | - | - | - | - | - | - | - | - | |
65/66B |
447 | 523 | 634 | 824 | 691 | 844 | 1,012 | 1,132 | 1,316 | 1,734 | 2,093 | 2,462 | 2,854 | 2,184 | 423 | 1,063 | 1,581 | 2,240 | 1,831 | 821 | |
65 |
447 | 523 | 634 | 824 | 691 | 844 | 1,012 | 1,132 | 1,316 | 1,734 | 2,093 | 2,462 | 2,854 | 2,184 | 423 | 1,063 | 1,581 | 2,240 | 1,831 | 821 | |
9903 |
68,657 | 48,079 | 32,985 | 40,421 | 48,622 | 15,141 | 9,114 | 20,773 | -512 | 4,914 | 17,947 | 19,026 | -761 | 29,939 | 41,786 | 28,617 | 41,141 | 38,232 | 34,196 | 31,523 | |
67/77 |
22,239 | 15,652 | 9,435 | 13,282 | 16,910 | 4,402 | 2,696 | 6,282 | 900 | 1,536 | 6,596 | 6,245 | 189 | 7,752 | 13,202 | 10,274 | 11,735 | 10,808 | 10,335 | 9,204 | |
9904 |
46,418 | 32,427 | 23,550 | 27,140 | 31,712 | 10,740 | 6,418 | 14,491 | -1,413 | 3,378 | 11,351 | 12,781 | -949 | 22,186 | 28,584 | 18,343 | 29,406 | 27,423 | 23,861 | 22,319 | |
9905 |
46,418 | 32,427 | 23,550 | 27,140 | 31,712 | 10,740 | 6,418 | 14,491 | -1,413 | 3,378 | 11,351 | 12,781 | -949 | 22,186 | 28,584 | 18,343 | 29,406 | 27,423 | 23,861 | 22,319 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
46,418 | 32,427 | 23,550 | 27,140 | 31,712 | 10,740 | 6,418 | 14,491 | -1,413 | 3,378 | 11,351 | 12,781 | -949 | 22,186 | 28,584 | 18,343 | 29,406 | 27,423 | 23,861 | 22,319 | |
791/2 |
54,658 | - | - | - | - | - | - | - | 1,413 | - | - | 14,919 | 113,649 | - | - | 41,657 | - | - | - | - | |
691/2 |
44,752 | 30,761 | 21,950 | 25,540 | 30,112 | 9,140 | 4,818 | 14,491 | - | 3,378 | 11,351 | 12,700 | - | 22,186 | 28,584 | - | 29,406 | 27,423 | 23,861 | 22,319 | |
6920 |
- | - | - | - | - | - | - | - | - | 78 | 351 | 700 | - | - | - | - | - | - | - | - | |
6921 |
44,752 | 30,761 | 21,950 | 25,540 | 30,112 | 9,140 | 4,818 | 14,491 | - | 3,300 | 11,000 | 12,000 | - | 22,186 | 28,584 | - | 29,406 | 27,423 | 23,861 | 22,319 | |
694/7 |
56,324 | 1,666 | 1,600 | 1,600 | 1,600 | 1,600 | 1,600 | - | - | - | - | 15,000 | 112,700 | - | - | 60,000 | - | - | - | - | |
694 |
56,324 | 1,666 | 1,600 | 1,600 | 1,600 | 1,600 | 1,600 | - | - | - | - | 15,000 | 112,700 | - | - | 60,000 | - | - | - | - | |
| Document | |||||||||||||||||||||
The accounts for financial year 2005 were filed as a document without figures as data, a scan for example.
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 24-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 24-06-2026 | 2026-00191311 | |
| 31-12-2024 | micro format | 17-07-2025 | 2025-00279696 | |
| 31-12-2023 | micro format | 18-07-2024 | 2024-00265712 | |
| 31-12-2022 | micro format | 11-07-2023 | 2023-00224018 | |
| 31-12-2021 | micro format | 13-07-2022 | 2022-20179096 | |
| 31-12-2020 | micro format | 16-07-2021 | 2021-37200486 | |
| 31-12-2019 | micro format | 16-07-2020 | 2020-31500469 | |
| 31-12-2018 | micro format | 16-07-2019 | 2019-34000593 | |
| 31-12-2017 | micro format | 16-07-2018 | 2018-35100242 | |
| 31-12-2016 | micro format | 14-07-2017 | 2017-32600284 | |
| 31-12-2015 | abbreviated format | 15-07-2016 | 2016-33200233 | |
| 31-12-2014 | abbreviated format | 17-07-2015 | 2015-33000091 | |
| 31-12-2013 | abbreviated format | 16-07-2014 | 2014-31700250 | |
| 31-12-2012 | abbreviated format | 17-07-2013 | 2013-32600185 | |
| 31-12-2011 | abbreviated format | 13-07-2012 | 2012-30400277 | |
| 31-12-2010 | abbreviated format | 17-03-2011 | 2011-06200048 | |
| 31-12-2009 | abbreviated format | 16-07-2010 | 2010-32500030 | |
| 31-12-2008 | abbreviated format | 16-07-2009 | 2009-43500365 | |
| 31-12-2007 | abbreviated format | 17-07-2008 | 2008-44000109 | |
| 31-12-2006 | abbreviated format | 12-07-2007 | 2007-39600238 | |
| 31-12-2005 | abbreviated format | 05-07-2006 | 2006-41103245 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 82,416 | 62,707 | 47,135 | 54,167 | 62,904 | 31,440 | 25,513 | 37,582 | 15,270 | 9,081 | 34,427 | 35,009 | 14,283 | 36,688 | 43,673 | 32,126 | 51,885 | 50,436 | 47,409 | 40,925 | ||
| 60,888 | 47,313 | 37,614 | 40,827 | 45,310 | 26,195 | 21,811 | 30,168 | 13,109 | 18,480 | 28,134 | 26,575 | 11,654 | 33,293 | 31,378 | 22,656 | 39,747 | 37,787 | 35,362 | 30,987 | ||
| 1,115 | 3,632 | 0 | 15,762 | 0 | 2,757 | 2,404 | 4,745 | 1,981 | 19,257 | 9,761 | 5,068 | 27,044 | 131,176 | 2,304 | 3,413 | 1,732 | 16,974 | 10,361 | 21,946 | ||
| -289 | -2,623 | -2,433 | 5,451 | 6,590 | -1,100 | -73,420 | 20,562 | -5,074 | -998 | -7,774 | 17,651 | -33,871 | -17,577 | -31,928 | 26,113 | 37,987 | 31,583 | 17,496 | - | ||
| 152,911 | 149,461 | 107,446 | 71,433 | 39,377 | 2,474 | -11,317 | -21,212 | -38,848 | 60,016 | 64,113 | 53,335 | 53,284 | 90,095 | 107,779 | 76,123 | 116,881 | 78,866 | 58,053 | 33,346 | ||
| 59.3% | 77.2% | 76.8% | 40.4% | 37.1% | 31.8% | 30.7% | 29.3% | 21.5% | 73.0% | 70.5% | 60.8% | 59.8% | 59.6% | 94.1% | 56.6% | 94.2% | 91.2% | 85.4% | 75.4% | ||
| 2.33 | 3.85 | 3.43 | 1.39 | 1.23 | 1.02 | 0.91 | 0.81 | 0.67 | 5.35 | 6.12 | 2.83 | 2.94 | 4.39 | 22.49 | 2.08 | 15.22 | 8.81 | 5.42 | 2.96 | ||
| 2.31 | 3.81 | 3.36 | 1.38 | 1.23 | 1.01 | 0.90 | 0.79 | 0.66 | 5.28 | 6.01 | 2.81 | 2.71 | 4.35 | 22.39 | 2.08 | 15.22 | 8.81 | 5.42 | 2.96 | ||
| 0.69 | 0.30 | 0.30 | 1.47 | 1.69 | 2.14 | 2.26 | 2.41 | 3.65 | 0.37 | 0.42 | 0.64 | 0.67 | 0.68 | 0.06 | 0.77 | 0.06 | 0.10 | 0.17 | 0.33 | ||
| 27.7% | 18.3% | 16.1% | 21.8% | 32.0% | 15.6% | 10.7% | 26.4% | -3.5% | 2.4% | 8.1% | 9.9% | -0.7% | 15.5% | 23.7% | 19.9% | 22.0% | 26.3% | 31.0% | 42.0% | ||
| 16.5% | 14.1% | 12.3% | 8.8% | 11.9% | 5.0% | 3.3% | 7.7% | -0.8% | 1.7% | 5.7% | 6.0% | -0.4% | 9.2% | 22.3% | 11.3% | 20.7% | 23.9% | 26.5% | 31.7% | ||
| over 100 | over 100 | 74.31 | 65.70 | 91.01 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,115 | €3,632 | - | €15,762 | - |
| €14,470 | €14,886 | €14,064 | €13,687 | €13,598 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 42% higher than in 2024 and the highest since 2006. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total rises from 22.8% to 40.7%. Equity is lower and debt is higher.
VISION*R has no parent and no holdings in its annual accounts. Luyten Ruben is the only director. VISION*R shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| VISION *R registered office Geerhoek 53, 2830 Willebroek 1813005 Pre-press and pre-media services | 01-02-2005 | 2.145.409.673 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 12004B0445/00T002 | 561 m² | 1 · 167 m² | 6.2 m · 2 |
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