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VISOLUTIONS

Active
Private limited company (pre-2019)founded 201214 yrs activeMerelstraat 92, 3520 Zonhoven, BelgiumKBO/BCE: BE 0846.364.293
Summary

VISOLUTIONS has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €146k and a net result of €20k. Equity is growing by ~21.1% per year across the filed fiscal years. Its solvency ranks better than 34% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability76▼-1
Solvency71▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 2.41 against 2.25 in 2023; short-term debt: 8.9% and cash: 12.6% of total assets), but 54.3% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 14 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
37 d early
2023
8 d late
2022
52 d early
2021
3 d early
2020
3 d early
2019
55 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€146k▲ 15.6%
2023 · €127k
2018: €19klowest in 7 years 2019: €43k▲ +127% vs 2018 2020: €67k▲ +57.9% vs 2019 2021: €100k▲ +48.8% vs 2020 2022: €104k▲ +3.8% vs 2021 2023: €127k▲ +21.8% vs 2022 2024: €146k▲ +15.6% vs 2023highest in 7 years
2018 → 2024
Total assets
€320k▼ 2.7%
2023 · €329k
2018: €49k 2019: €48k▼ -2.8% vs 2018lowest in 7 years 2020: €273k▲ +468% vs 2019 2021: €296k▲ +8.6% vs 2020 2022: €385k▲ +29.9% vs 2021highest in 7 years 2023: €329k▼ -14.4% vs 2022 2024: €320k▼ -2.7% vs 2023
2018 → 2024
Net result
€20k▼ 13.0%
2023 · €23k
2018: €-14klowest in 7 years 2019: €24k▲ +266% vs 2018 2020: €25k▲ +3.7% vs 2019 2021: €33k▲ +33.2% vs 2020 2022: €40k▲ +20.1% vs 2021highest in 7 years 2023: €23k▼ -42.6% vs 2022 2024: €20k▼ -13.0% vs 2023
2018 → 2024
Working capital
€41k▲ 9.5%
2023 · €37k
2018: €19klowest in 7 years 2019: €42k▲ +123% vs 2018 2020: €35k▼ -17.1% vs 2019 2021: €65k▲ +86.6% vs 2020highest in 7 years 2022: €25k▼ -61.1% vs 2021 2023: €37k▲ +46.8% vs 2022 2024: €41k▲ +9.5% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€67k-€100k▲ 48.8%€104k▲ 3.8%€127k▲ 21.8%€146k▲ 15.6% 2020: €67klowest in 5 years 2021: €100k▲ +48.8% vs 2020 2022: €104k▲ +3.8% vs 2021 2023: €127k▲ +21.8% vs 2022 2024: €146k▲ +15.6% vs 2023highest in 5 years
Operating result€38k-€49k▲ 26.9%€55k▲ 12.9%€35k▼ 35.6%€31k▼ 12.0% 2020: €38k 2021: €49k▲ +26.9% vs 2020 2022: €55k▲ +12.9% vs 2021highest in 5 years 2023: €35k▼ -35.6% vs 2022 2024: €31k▼ -12.0% vs 2023lowest in 5 years
Net result€25k-€33k▲ 33.2%€40k▲ 20.1%€23k▼ 42.6%€20k▼ 13.0% 2020: €25k 2021: €33k▲ +33.2% vs 2020 2022: €40k▲ +20.1% vs 2021highest in 5 years 2023: €23k▼ -42.6% vs 2022 2024: €20k▼ -13.0% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2020: €38k€38kNet result 2020: €25k€25kOperating result 2021: €49k€49kNet result 2021: €33k€33kOperating result 2022: €55k€55kNet result 2022: €40k€40kOperating result 2023: €35k€35kNet result 2023: €23k€23kOperating result 2024: €31k€31kNet result 2024: €20k€20k20202021202220232024€0€20k€40k€60kOperating result 2022: €55k€55kNet result 2022: €40k€40kOperating result 2023: €35k€35kNet result 2023: €23k€23kOperating result 2024: €31k€31kNet result 2024: €20k€20k202220232024
The operating result has fallen two years in a row; 2024 is 12% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €320k
Fixed assets €251k ▼ 4.4%
Current assets €69k ▲ 3.7%
Equity and liabilities €320k
Equity €146k ▲ 15.6%
Debt €174k ▼ 14.2%
Debt's share of the balance-sheet total falls from 61.5% to 54.3%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€62k▼
2023 · €66k
Cash flow
€51k▼
2023 · €53k
Current ratio
2.41▲
2023 · 2.25
Debt to equity
1.19▼
2023 · 1.60
ROE
13.5%▼
2023 · 17.9%
ROA
6.2%▼
2023 · 6.9%
Interest coverage
19.10▲
2023 · 18.51
Debt ≤ 1 year
€29k▼
2023 · €30k
Debt > 1 year
€145k▼
2023 · €173k
Income taxes
€8k▼
2023 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet Code20232024
Assets
Total assets20/58€329k€320k▼
Fixed assets21/28€263k€251k▼
Tangible fixed assets22/27€263k€251k▼
Land and buildings22€223k€229k▲
Furniture and vehicles24€40k€22k▼
Financial fixed assets28-€123
Current assets29/58€67k€69k▲
Amounts receivable within one year40/41€16k€29k▲
Trade receivables40€10k€10k▲
Other amounts receivable41€6k€18k▲
Cash at bank and in hand54/58€51k€40k▼
Deferred charges and accrued income490/1€101€65▼
Equity and liabilities
Total equity and liabilities10/49€329k€320k▼
Equity10/15€127k€146k▲
Contributions10/11€12k€12k=
Reserves13€114k€134k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€112k€132k▲
Amounts payable17/49€203k€174k▼
Amounts payable after more than one year17€173k€145k▼
Financial debts170/4€173k€145k▼
Amounts payable within one year42/48€30k€29k▼
Current portion of amounts payable after more than one year42€27k€28k▲
Trade debts44€1k€981▼
Suppliers440/4€1k€981▼
Taxes, remuneration and social security45€618-
Taxes450/3€618-
Other amounts payable47/48€882-
Income statement Code20232024
Remuneration, social security and pensions62€2k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€31k▲
Other operating charges640/8€968€1k▲
Gross operating margin9900€68k€63k▼
Operating profit (loss)9901€35k€31k▼
Financial income75/76B€10€257▲
Recurring financial income75€10€257▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€32k€28k▼
Income taxes67/77€9k€8k▼
Profit (loss) for the period9904€23k€20k▼
Profit (loss) for the period to be appropriated9905€23k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€23k€20k▼
Transfer to equity691/2€23k€20k▼
To other reserves6921€23k€20k▼

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20202021202220232024Change
Remuneration, social security and pensions62--€190€2k--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€12k€24k€30k€31k▲ 2.2%
Other operating charges640/8-€966€889€968€1k▲ 3.8%
Gross operating margin9900€67k€61k€80k€68k€63k▼ 7.6%
Operating profit (loss)9901€38k€49k€55k€35k€31k▼ 12.0%
Financial income75/76B---€10€257▲ 2,465%
Recurring financial income75€0--€10€257▲ 2,465%
Financial charges65/66B-€2k€3k€4k€3k▼ 8.3%
Recurring financial charges65€2k€2k€3k€4k€3k▼ 8.3%
Profit (loss) for the period before taxes9903€37k€46k€52k€32k€28k▼ 11.6%
Income taxes67/77€12k€13k€12k€9k€8k▼ 8.1%
Profit (loss) for the period9904€25k€33k€40k€23k€20k▼ 13.0%
Profit (loss) for the period to be appropriated9905€25k€33k€40k€23k€20k▼ 13.0%
Line20202021202220232024Change
Assets
Total assets20/58€273k€296k€385k€329k€320k▼ 2.7%
Fixed assets21/28€213k€204k€279k€263k€251k▼ 4.4%
Tangible fixed assets22/27€213k€204k€279k€263k€251k▼ 4.4%
Land and buildings22-€202k€222k€223k€229k▲ 2.5%
Furniture and vehicles24-€2k€57k€40k€22k▼ 43.1%
Financial fixed assets28----€123-
Current assets29/58€60k€92k€106k€67k€69k▲ 3.7%
Amounts receivable within one year40/41€27k€15k€28k€16k€29k▲ 79.3%
Trade receivables40-€14k€25k€10k€10k▲ 3.6%
Other amounts receivable41-€649€4k€6k€18k▲ 209%
Cash at bank and in hand54/58€32k€76k€76k€51k€40k▼ 20.1%
Deferred charges and accrued income490/1-€995€1k€101€65▼ 35.6%
Equity and liabilities
Total equity and liabilities10/49€273k€296k€385k€329k€320k▼ 2.7%
Equity10/15€67k€100k€104k€127k€146k▲ 15.6%
Contributions10/11-€12k€12k€12k€12k=
Reserves13€55k€88k€92k€114k€134k▲ 17.2%
Non-distributable reserves130/1-€2k€2k€2k€2k=
Reserves not available under the articles1311-€2k€2k€2k€2k=
Distributable reserves133-€86k€90k€112k€132k▲ 17.5%
Amounts payable17/49€205k€196k€281k€203k€174k▼ 14.2%
Amounts payable after more than one year17€179k€168k€200k€173k€145k▼ 16.0%
Financial debts170/4-€168k€200k€173k€145k▼ 16.0%
Amounts payable within one year42/48€25k€28k€80k€30k€29k▼ 3.6%
Current portion of amounts payable after more than one year42-€12k€27k€27k€28k▲ 1.7%
Trade debts44€477€2k€4k€1k€981▼ 3.8%
Suppliers440/4-€2k€4k€1k€981▼ 3.8%
Taxes, remuneration and social security45-€4k€7k€618--
Taxes450/3-€4k€7k€618--
Remuneration and social security454/9--€175---
Other amounts payable47/48-€9k€43k€882--
Line20202021202220232024Change
Profit (loss) for the period9904€25k€33k€40k€23k€20k▼ 13.0%
+ Depreciation and write-downs630€27k€12k€24k€30k€31k▲ 2.2%
Operating cash flow (approximation)€51k€45k€63k€53k€51k▼ 4.3%
Investment in fixed assets (approximation)-€-2k€-99k€-14k€-20k▼ 39.3%
Change in cash-€44k€-385€-25k€-10k▲ 59.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
24-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
08-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2023
09-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Highest result since 2018net €40k ▲20.1%
Operating result €55k, net result €40k, both a record.
28-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Equity above €100kEq €100k ▲48.8%
3 profitable years in a row build equity to €100k.
28-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
06-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Back to profitnet €24k
Net result €24k after one loss-making year.
31-12
Financial Liquidity times 5current ratio 8.88
Current ratio from 1.62 to 8.88; short-term debt falls from €31k to €5k.
22-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
29-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
22-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
3 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, Zonhoven · 1 establishment unit since 2012
seat establishment The establishment unit on the map
Ground area
2,167 m²
Building footprint
199 m²
Volume, LiDAR
922 m³
Parcel 71444B0730/00W006, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Merelstraat 92, 3520 Zonhoven
Computer programming, consultancy and related activities
since 20122.209.912.990
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71444B0730/00W006 Flanders 2,167 m² 1 · 199 m² 7.1 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 120 EUR awarded · 120 EUR paid
Year Entries awardedpaid
2025 1 120 EUR120 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 120 EUR · 120 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 15,355 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded05-06-2012
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62100Computer programming
Contact
E-mail helmut@visolutions.be

Scores and ratios are computed by Checked and are not a credit decision.