VISMAN MANAGEMENT
ActiveThe computed 12-month bankruptcy probability of VISMAN MANAGEMENT is 1.5% (moderate). The 2024 annual accounts show equity of €1.05M and a net result of €204k. Equity is growing by ~77.1% per year across the filed fiscal years. Its solvency ranks better than 73% of 18941 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability83▼-5
Solvency82▲+14
Growth78=
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days only on tighter terms
Liquidity tight (current ratio 1.07 against 0.67 in 2023; short-term debt: 24% and cash: 7.7% of total assets), and 43.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
56.8%
Return on assets
11.1%
Age of the figures
20 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-10-2025, 91 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
91 d late
2023
58 d late
2022
66 d late
2021
100 d late
2020
40 d early
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€1.05M▲ 24.2%
2023 · €842k
2018: €56k
2019: €25k
2020: €95k
2021: €367k
2022: €547k
2023: €842k
2018 → 2024
Total assets
€1.84M▼ 5.3%
2023 · €1.95M
2018: €158k
2019: €174k
2020: €211k
2021: €803k
2022: €1.89M
2023: €1.95M
2018 → 2024
Net result
€204k▼ 30.8%
2023 · €295k
2018: €-23k
2019: €-30k
2020: €70k
2021: €272k
2022: €180k
2023: €295k
2018 → 2024
Working capital
€29k
2023 · €-241k
2018: €10k
2019: €-3k
2020: €80k
2021: €280k
2022: €-578k
2023: €-241k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€95k-€367k▲ 286%€547k▲ 49.1%€842k▲ 53.9%€1.05M▲ 24.2%
Operating result€74k-€378k▲ 414%€279k▼ 26.2%€449k▲ 61.0%€325k▼ 27.7%
Net result€70k-€272k▲ 289%€180k▼ 33.7%€295k▲ 63.6%€204k▼ 30.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 28% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.84M
Fixed assets
€1.37M▼ 6.4%
Current assets
€471k▼ 1.8%
Equity and liabilities €1.84M
Equity
€1.05M▲ 24.2%
Debt
€797k▼ 27.8%
The debt ratio falls from 56.7% to 43.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€435k▼
2023 · €558k
Cash flow
€314k▼
2023 · €403k
Solvency
56.8%▲
2023 · 43.3%
Current ratio
1.07▲
2023 · 0.67
Quick ratio
1.01▲
2023 · 0.63
Debt / equity
0.76▼
2023 · 1.31
ROE
19.5%▼
2023 · 35.0%
ROA
11.1%▼
2023 · 15.2%
Interest coverage
26.32▼
2023 · 27.01
Debt
€797k▼
2023 · €1.10M
Debt ≤ 1 year
€442k▼
2023 · €721k
Debt > 1 year
€352k▼
2023 · €383k
Income taxes
€104k▼
2023 · €134k
Staff costs
€448k▲
2023 · €411k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.95M€1.84M▼
Fixed assets21/28€1.47M€1.37M▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€1.46M€1.37M▼
Land and buildings22€1.34M€1.26M▼
Plant, machinery and equipment23€124k€100k▼
Furniture and vehicles24€593€7k▲
Financial fixed assets28€2k€2k=
Current assets29/58€480k€471k▼
Amounts receivable after more than one year29€300k€290k▼
Other amounts receivable291€300k€290k▼
Stocks and contracts in progress3€26k€24k▼
Stocks30/36€26k€24k▼
Amounts receivable within one year40/41€1k€8k▲
Trade receivables40€1k€5k▲
Other amounts receivable41-€3k
Cash at bank and in hand54/58€152k€142k▼
Deferred charges and accrued income490/1€397€7k▲
Equity and liabilities
Total equity and liabilities10/49€1.95M€1.84M▼
Equity10/15€842k€1.05M▲
Contributions10/11€13k€13k=
Reserves13€797k€978k▲
Distributable reserves133€797k€978k▲
Profit (loss) carried forward14€31k€55k▲
Amounts payable17/49€1.10M€797k▼
Amounts payable after more than one year17€383k€352k▼
Financial debts170/4€383k€352k▼
Amounts payable within one year42/48€721k€442k▼
Current portion of amounts payable after more than one year42€123k€31k▼
Trade debts44€371k€172k▼
Suppliers440/4€371k€172k▼
Advances received on contracts in progress46€2k€6k▲
Taxes, remuneration and social security45€165k€188k▲
Taxes450/3€126k€145k▲
Remuneration and social security454/9€40k€43k▲
Other amounts payable47/48€60k€45k▼
Accrued charges and deferred income492/3-€3k
Income statement
Code20232024
Non-recurring operating income76A€269-
Remuneration, social security and pensions62€411k€448k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€108k€110k▲
Other operating charges640/8€15k€15k▼
Non-recurring operating charges66A-€27
Gross operating margin9900€983k€898k▼
Operating profit (loss)9901€449k€325k▼
Financial income75/76B€3€147▲
Recurring financial income75€3€147▲
Financial charges65/66B€21k€17k▼
Recurring financial charges65€21k€17k▼
Profit (loss) for the period before taxes9903€429k€308k▼
Income taxes67/77€134k€104k▼
Profit (loss) for the period9904€295k€204k▼
Profit (loss) for the period to be appropriated9905€295k€204k▼
Appropriation of the result
Profit (loss) to be appropriated9906€311k€255k▼
Profit (loss) brought forward from the previous period14P€16k€51k▲
Transfer to equity691/2€280k€200k▼
To other reserves6921€280k€200k▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 91 days late
2024
31-12
Financial
Equity above €1MEq €1.05M ▲24.2%
5 profitable years in a row build equity to €1.05M.
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
31-12
Financial
Highest result since 2018net €295k ▲63.6%
Operating result €449k, net result €295k, both a record.
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 66 days late
2022
31-12
Financial
Equity above €500kEq €547k ▲49.1%
3 profitable years in a row build equity to €547k.
08-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 100 days late
2021
31-12
Financial
Equity above €200kEq €367k ▲286%
2 profitable years in a row build equity to €367k.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €70k
Net result €70k after 2 loss-making years.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Weakest financial yearnet €-30k
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
07-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 68 days late
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
09-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Oostende · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Wapenplein 78400 OostendeGround area
155 m²
Building footprint
116 m²
Volume, LiDAR
2,859 m³
Parcel 35013A0204/00B000, Flanders · tallest building 26.6 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
FALSTAFF
since 20142.230.262.008
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35013A0204/00B000 | Flanders | 155 m² | 1 · 116 m² | 26.6 m · 9 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteOostende2.230.262.008
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JONO
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Of 20,510 companies in sector 56111 we hold annual accounts for 11,456. 4,063 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-04-2014
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.