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Vision Security

In bankruptcy Private limited companyfounded 2020Leuvensesteenweg 130, 3200 AarschotKBO/BCE: BE 0747.911.273

Overview

Information for creditors

Enterprise Court of Leuven · Official Gazette of 06-03-2025
Appeal or third-party opposition 21-03-2025Filing the claim in RegSol 29-03-2025First verification report 08-04-2025Late claim 27-02-2026

Trustees: Anouk De Vleeshouwer, Els Van Erum. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

Lifetime

4 annual accounts with figures on one time axis
peak €193,427 (2024)
€193,427▲ 50×
lowest -€26,000 (2024)
-€26,000▼ €1,339
peak €261 (2022)
-€50,399▼ €26,000
€84,616▲ 68.3%
Board1 name since 2020
Documentsfilings and deeds
31-10-2024on the last day
2024micro format
Gross margin from €3,843 to €193,427Loss of €26,000Registered office moved from Leuven to Aarschot 18-03Equity from -€24,399 to -€50,399Debts from €50,274 to €84,616Investments €3,418

Key points

from the 2024 annual accounts, the last ones filed

Losses

-€50,660 in two years
-24,6602023-26,0002024

The 2023 and 2024 financial years closed with a loss. 2024 was the heaviest.

Debts

€84,616 247% of the balance sheet
Financial debts 1%Suppliers 79%Other 21%

Investments

€2,264 2.9 × depreciation
20232024

Green is investment, beige is depreciation.

Staff

2 employees on 31-03-2024
71202324282024

In 2024, 24 people joined and 28 left.

No score

Board and ownership

VJ
Director, since 05-06-2020
  • VERMEULEN Johan Dionangel founderdeed of 09-06-2020
Board & ownership

Recent changes

Security company licence withdrawn Decision of 03-06-2025, published on 26-06-2025
Tanomi at this address Establishment
Bankruptcy published Enterprise Court of Leuven · judgment of 27-02-2025 · Bankruptcy
Registered office moved from Leuven to Aarschot New registered office: Leuvensesteenweg 130 te 3200 Aarschot · Previous registered office: Martelarenplein 20E, 3000 Leuven · General meeting of 21-02-2024 · Gazette deed
All 17 events

Official details

Source: KBO
Status
In bankruptcydeclared bankrupt on 27-02-2025
Activity
Investigation and private security servicesNACE 80010
Joint committee
317Security and surveillance services · annual accounts 31-03-2024
Establishment unit
2.303.403.9663200 Aarschot, since 05-06-2020
Financial year end
31 March
Peppol
Not found in the Peppol Directory
Company details

Annual accounts to 31-03-2024

€193,427▲ 50×
≈ €480,000estimated
€26,000▲ 5.4%
-€50,399▼ 107%
€34,217▲ 32.2%
Employeeson 31-03-2024
2▼ 66.7%
Filing
Filed on 31-10-2024
Financials

Insights on Vision Security

Equity fell from €261 in 2022 to -€50,399 in 2024, while debts rose from €4,034 to €84,616.

On 27 February 2025 the court declared Vision Security bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2024

micro format, filed on 31-10-2024, on the day of the deadline
€193,427
▲ 50×
-€24,823
▼ €378
-€26,000
▼ €1,339
-€56,017
▼ €28,647
-147.3%
▼ 53.0 percentage points
0.34
▼ 0.12

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 ≈ €480,000. Estimated: probably between €320,000 and €750,000.

Balance sheet

balance sheet total €34,217 on 31-03-2024
What the company ownsHow it is paid for

in 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.

Vision Security Middle half of the sector 80% of the sector Micro accounts in security and investigation (NACE 80)

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

people who joined people who left

In 2024, 24 people joined and 28 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2024202320222021
Balance sheet: assets
20/58 34,21725,8754,2951,463
21/28 5,6182,971184308
22/27 3,0681,575184308
23 1,1551,575184308
26 1,914---
28 2,5501,396--
29/58 28,59922,9044,1121,155
40/41 27,86714,5093,813237
40 18,71314,5093,750-
41 9,154063237
54/58 -6,577298918
490/1 7311,818--
Balance sheet: equity and liabilities
10/49 34,21725,8754,2951,463
10/15 -50,399-24,399261-2,119
10/11 5,0005,0005,0005,000
14 -55,399-29,399-4,739-7,119
17/49 84,61650,2744,0343,582
42/48 84,61650,2744,0343,582
43 499---
430/8 499---
44 66,72839,473536676
440/4 66,72839,473536676
45 -8,47229-
450/3 -94229-
454/9 -7,530--
47/48 17,3892,3293,4692,906
Income statement
9900 193,4273,8432,982-6,598
62 213,96026,694--
630 77141412465
640/8 3,5201,181348448
9901 -24,823-24,4452,510-7,110
75/76B 63190
75 63190
65/66B 1,2402161399
65 1,2402161399
9903 -26,000-24,6602,380-7,119
9904 -26,000-24,6602,380-7,119
9905 -26,000-24,6602,380-7,119
Appropriation of the result
9906 -55,399-29,399-4,739-7,119
14P -29,399-4,739-7,119-
Social balance sheet
9087 3.50.8--
Hours worked1013 6,8001,046--
Document PDFPDFPDFPDF

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.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-03-2024 micro format 31-10-2024 2024-00521953 PDF
31-03-2023 micro format 30-10-2023 2023-00496673 PDF
31-03-2022 micro format 04-10-2022 2022-20454514 PDF
31-03-2021 micro format 04-10-2021 2021-70700299 PDF

Subsidies and aid

Flemish government 2023 to 2024, 2 entries, €591 awarded, €260 paid

Year Entries AwardedPaid
2024 1 €38€38
2023 1 €553€222

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2024202320222021
-24,053-24,0322,634-7,046
-25,229-24,2472,504-7,054
4,8143,2010372
-6,278-620-
-56,017-27,37078-2,427
-147.3%-94.3%--
0.340.46--
-76.0%-95.3%--
-19.40-111.1718.97-

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

Item31-03-202431-03-2023
Employees at the balance-sheet date26
full-time24
part-time-2
in full-time equivalents24.4
3.50.8
On a permanent contract21
Joined247
Left281

Source: social balance sheet in the 2023 to 2024 annual accounts

Investments

fixed assets acquired
Item31-03-202431-03-202331-03-2022
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).

Board & ownership

Curators

the curators have managed the company since 27-02-2025
Curator, Engelandstraat 61, 3290 Diest
Also on 320 other cases
Curator, Engeland- Straat 61, 3290 Diest
Also on 127 other cases

Last board

1 director, since incorporation
Director (not named in the articles)
since 05-06-2020
listed in the 2024 annual accounts, filed on 31-10-2024
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 09-06-2020

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
VERMEULEN Johan Dionangel
Director (not named in the articles)
BoardBankruptcy 27-02-2025
Mandates as a list
  • VERMEULEN Johan Dionangel
    • Director (not named in the articles), from 03-06-2020, until the bankruptcy of 27-02-2025

See the board, name and registered office on a given date →

Control

This company
Vision Security
Equity -€50,399
Loss €26,000 in 2024

Capital

Contribution
€5,000
Shares
100
Contribution per share
€50
Equity per share
-€504 in 2024
Source
deed of 09-06-2020

Articles of association

deed of 09-06-2020 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of September at 20:00

Founder

At incorporation deed of 09-06-2020 ↗
  • VERMEULEN Johan Dionangel sole founder · 100% at incorporation

Network & group

No group

Vision Security has no parent and no holdings in its annual accounts. VERMEULEN Johan Dionangel is the only director.

At the same address

Leuvensesteenweg 130, 3200 Aarschot · 1 other company
Tanomi
establishment since 02-05-2025 · founded in 2022
total assets €138,884 (2025)
0794.663.788

Earlier ties

VISIONS ASSISTANCE TEAM
via Vermeulen,Johan, no longer at VISIONS ASSISTANCE TEAM, AFGEKORT : VISIONS A TEAM · Director · deed of 20-03-2019
No longer active

Connections & network

1 connected company
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
Vision Hospitality
via Vermeulen,Johan · Statutory manager · deed of 03-11-2022
Founded in 2022
→

Timeline

Timeline

17 events since 2020
2025
Security company licence withdrawn GazetteDecision of 03-06-2025, published on 26-06-2025
Tanomi at this address Establishment
Bankruptcy published Enterprise Court of Leuven · judgment of 27-02-2025
2024
Annual accounts 2024 filed PDFmicro format · on the deadline day
Weakest financial year net -€26,000 The net result drops to -€26,000, the lowest from 2021 to 2024.
Registered office moved from Leuven to AarschotNew registered office: Leuvensesteenweg 130 te 3200 Aarschot · Previous registered office: Martelarenplein 20E, 3000 Leuven · General meeting of 21-02-20242 points ▸
  • General meeting, 21-02-2024
  • Registered-office move, Leuvensesteenweg 130 te 3200 Aarschot

Open the deed in the Belgian Official Gazette

2023
Annual accounts 2023 filed PDFmicro format · 1 day before the deadline
Purpose change“I.BEWAKINGSONDERNEMING; A.toezicht op en bescherming van roerende en onroerende goederen waaronder…” (deed in Dutch)1 point ▸
  • General meeting, 06-01-2023
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

2022
Annual accounts 2022 filed PDFmicro format · 27 days before the deadline
Back to profit net €2,380 The net result is €2,380, after one loss-making year.
Liquidity more than triples current ratio 1.02 The current ratio rises from 0.32 to 1.02.
Company renamed to Vision SecurityNew name: Vision Security · “Toezicht op en bescherming van roerende en onroerende goederen waaronder persoonscontrole; Bescherming van…” (deed in Dutch) · General meeting of 11-02-20222 points ▸
  • General meeting, 11-02-2022
  • Name change, Vision Security
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

2021
Annual accounts 2021 filed PDFmicro format · 27 days before the deadline
Company renamed from VISION SECURITY to Round The Clock Projects“A. opzetten en beheren van webshops; B. activiteiten als data protection office,begeleiding bij implementatie…” (deed in Dutch)2 points ▸
  • Purpose change, “A. opzetten en beheren van webshops; B. activiteiten als data protection office,begeleiding bij implementatie van GDPR; C. activiteiten van marktkramer; D.…” (deed in Dutch)
  • Name change, Round The Clock Projects
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

2020
Registered office moved from Haacht to KeerbergenNew registered office: Tremelobaan 63a, 3140 Keerbergen · Previous registered office: Markt 12 bus 3, 3150 Haacht · General meeting of 01-10-20202 points ▸
  • General meeting, 01-10-2020
  • Registered-office move, Tremelobaan 63a, 3140 Keerbergen

Open the deed in the Belgian Official Gazette

IncorporationFounding capital of €5,000, 100 shares · Founder: VERMEULEN Johan Dionangel · Appointment: VERMEULEN Johan Dionangel (director) · published on 09-06-20203 points ▸

Open the deed in the Belgian Official Gazette

First establishment Leuvensesteenweg 130, Aarschot

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

Vision Security was incorporated on 5 June 2020 as a private limited company by one natural person, with a starting capital of €5,000.12 The registered office moved to Keerbergen in 2020 and to Aarschot in 2024.34 The name was changed to Round The Clock Projects in 2021 and to Vision Security in 2022.56 Since 2020, VERMEULEN Johan Dionangel has served as director.7 Total assets rose from €1,463 in 2021 to €34,217 in 2024.8 On 27 February 2025 the company was declared bankrupt.9

  1. 1KBO register
  2. 2Belgian Official Gazette, 09-06-2020
  3. 3Belgian Official Gazette, 22-10-2020
  4. 4Belgian Official Gazette, 18-03-2024
  5. 5Belgian Official Gazette, 07-01-2021
  6. 6Belgian Official Gazette, 14-03-2022
  7. 7National Bank, annual accounts 2024
  8. 8National Bank, annual accounts 2021 and 2024
  9. 9Belgian Official Gazette, 06-03-2025

Company details

Identity

Enterprise number
0747.911.273
VAT number
BE 0747.911.273
Legal form
Private limited company
Status
In bankruptcy, since 27-02-2025
Founded
05-06-2020
Financial year
ends on 31 March
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of September at 20:00
deed of 09-06-2020 (in Dutch)
Peppol
Not found in the Peppol Directory
Name
Vision Security in Dutch
Abbreviation
RTC Projects in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 09-06-2020 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Markt 12 bus 3, 3150 HAACHT”
deed of 09-06-2020 (in Dutch)

Activities

NACEBEL 2025
Joint committees annual accounts 31-03-2024
JC 317 Security and surveillance services
Codes under NACEBEL 2008
80100 Investigation and security activities main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“I.BEWAKINGSONDERNEMING; A.toezicht op en bescherming van roerende en onroerende goederen waaronder persoonscontrole; B.bescherming van…”
8 activities
  1. I.BEWAKINGSONDERNEMING
  2. A.toezicht op en bescherming van roerende en onroerende goederen waaronder persoonscontrole;
  3. B.bescherming van personen waaronder het zorgen voor een bodyguard;
  4. C.toezicht op en controle van personen met het oog op het verzekeren van de veiligheid op al dan niet publiek toegankelijke plaatsen;
  5. D.verrichten van vaststellingen die uitsluitend betrekking hebben op onmiddellijke waarneembare toestand van goederen die zich bevinden op het openbaar domein,in opdracht van de bevoegde overheid of van de houder van een overheidsconcessie zoals parkeerbeheer;
  6. E.overige adviesbureaus op het gebied van bedrijfsbeheer,in de bewakingssector,adviesbureaus op gebied van bedrijfsvoering in de bewakingssector;
  7. F.Verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van planning,organisatie,efficiëntie en toezicht,het verschaffen van informatie aan de bedrijfsleiding,enz.;
  8. G.het organiseren van evenementen,workshops,…
deed of 24-03-2023 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Leuvensesteenweg 130 registered office 3200 Aarschot 8001001 Investigation and private security services 05-06-2020 2.303.403.966
2 former offices
  • Martelarenplein 20E, 3000 Leuven until 01-02-2024 · deed of 18-03-2024
  • Markt 12 bus 3, 3150 Haacht until 01-10-2020 · deed of 22-10-2020

Buildings and parcels at the address

Ground area
248 m²
Buildings
187 m²
Volume, LiDAR
1,183 m³
Tallest building
12.1 m
Buildings to scale, each on its own parcel
187 m², 12.1 m 187 m², 12.1 m

Location

registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
24662E0062/00N008248 m² 1 · 187 m² 12.1 m · 2

Recognitions

Security company licence withdrawn on 03-06-2025 · Belgian Official Gazette

Licences in the Official Gazette

1 publication
Security company licence
Withdrawn · decision 03-06-2025 · published on 26-06-2025 · Official Gazette

Contact

E-mail info@vision-security.be
E-mail johan@vision-security.be establishment in Aarschot