Vision Security
Annual accounts 2024
micro format, filed on 31-10-2024, on the day of the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €480,000. Estimated: probably between €320,000 and €750,000.
Balance sheet
balance sheet total €34,217 on 31-03-2024in euro
Position in the sector
-147.3%
Higher than 9% of 340 companies in 2024.
0.34
Higher than 8% of 318 companies in 2024.
-76.0%
Lower than 95% of 323 companies in 2024.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Staff
€61,131
Staff costs divided by the average number of full-time equivalents.
-4 people
In 2024, 24 people joined and 28 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
34,217 | 25,875 | 4,295 | 1,463 | |
21/28 |
5,618 | 2,971 | 184 | 308 | |
22/27 |
3,068 | 1,575 | 184 | 308 | |
23 |
1,155 | 1,575 | 184 | 308 | |
26 |
1,914 | - | - | - | |
28 |
2,550 | 1,396 | - | - | |
29/58 |
28,599 | 22,904 | 4,112 | 1,155 | |
40/41 |
27,867 | 14,509 | 3,813 | 237 | |
40 |
18,713 | 14,509 | 3,750 | - | |
41 |
9,154 | 0 | 63 | 237 | |
54/58 |
- | 6,577 | 298 | 918 | |
490/1 |
731 | 1,818 | - | - | |
| Balance sheet: equity and liabilities | |||||
10/49 |
34,217 | 25,875 | 4,295 | 1,463 | |
10/15 |
-50,399 | -24,399 | 261 | -2,119 | |
10/11 |
5,000 | 5,000 | 5,000 | 5,000 | |
14 |
-55,399 | -29,399 | -4,739 | -7,119 | |
17/49 |
84,616 | 50,274 | 4,034 | 3,582 | |
42/48 |
84,616 | 50,274 | 4,034 | 3,582 | |
43 |
499 | - | - | - | |
430/8 |
499 | - | - | - | |
44 |
66,728 | 39,473 | 536 | 676 | |
440/4 |
66,728 | 39,473 | 536 | 676 | |
45 |
- | 8,472 | 29 | - | |
450/3 |
- | 942 | 29 | - | |
454/9 |
- | 7,530 | - | - | |
47/48 |
17,389 | 2,329 | 3,469 | 2,906 | |
| Income statement | |||||
9900 |
193,427 | 3,843 | 2,982 | -6,598 | |
62 |
213,960 | 26,694 | - | - | |
630 |
771 | 414 | 124 | 65 | |
640/8 |
3,520 | 1,181 | 348 | 448 | |
9901 |
-24,823 | -24,445 | 2,510 | -7,110 | |
75/76B |
63 | 1 | 9 | 0 | |
75 |
63 | 1 | 9 | 0 | |
65/66B |
1,240 | 216 | 139 | 9 | |
65 |
1,240 | 216 | 139 | 9 | |
9903 |
-26,000 | -24,660 | 2,380 | -7,119 | |
9904 |
-26,000 | -24,660 | 2,380 | -7,119 | |
9905 |
-26,000 | -24,660 | 2,380 | -7,119 | |
| Appropriation of the result | |||||
9906 |
-55,399 | -29,399 | -4,739 | -7,119 | |
14P |
-29,399 | -4,739 | -7,119 | - | |
| Social balance sheet | |||||
9087 |
3.5 | 0.8 | - | - | |
Hours worked1013 |
6,800 | 1,046 | - | - | |
| Document | |||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2024 (PDF), filed on 31-10-2024.
Filings
each dot is a set of accounts, on the day it reached the National BankSubsidies and aid
Flemish government 2023 to 2024, 2 entries, €591 awarded, €260 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €38 | €38 |
| 2023 | 1 | €553 | €222 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| -24,053 | -24,032 | 2,634 | -7,046 | ||
| -25,229 | -24,247 | 2,504 | -7,054 | ||
| 4,814 | 3,201 | 0 | 372 | ||
| - | 6,278 | -620 | - | ||
| -56,017 | -27,370 | 78 | -2,427 | ||
| -147.3% | -94.3% | - | - | ||
| 0.34 | 0.46 | - | - | ||
| -76.0% | -95.3% | - | - | ||
| -19.40 | -111.17 | 18.97 | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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.
Social balance sheet
| Item | 31-03-2024 | 31-03-2023 |
|---|---|---|
| Employees at the balance-sheet date | 2 | 6 |
| full-time | 2 | 4 |
| part-time | - | 2 |
| in full-time equivalents | 2 | 4.4 |
| 3.5 | 0.8 | |
| On a permanent contract | 2 | 1 |
| Joined | 24 | 7 |
| Left | 28 | 1 |
Source: social balance sheet in the 2023 to 2024 annual accounts
Investments
fixed assets acquired| Item | 31-03-2024 | 31-03-2023 | 31-03-2022 |
|---|---|---|---|
| Tangible fixed assets | €2,264 | €1,805 | - |
| Financial fixed assets | €2,550 | €1,396 | - |
| €771 | €414 | €124 |
Source: notes to the 2022 to 2024 annual accounts (statement of fixed assets)
Insights on Vision Security
The operating result for 2024 is a loss of €24,823, larger than the loss of €24,445 in 2023. It is the lowest result since 2021.
Equity is negative. Debt (€84,616) exceeds the balance-sheet total (€34,217).