Vistabuild
The computed 12-month bankruptcy probability of Vistabuild is 1.4% (low). The 2025 annual accounts show negative equity (€-37k) and a net result of €-14k. Equity is shrinking by ~54.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 2855 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-37k |
| Net result | €-14k |
| Better than sector | 5% |
| Active | 12 yrs |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -20.6% | 43.4% | |
| Net result | €-14k | €14k | |
| Equity | €-37k | €44k | |
| Gross operating margin | €-4k | €39k | |
| Total assets | €178k | €115k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €-5k |
| Net profit | €-14k |
| Cash flow | €-7k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €178k |
| Equity | €-37k |
| Debt | €215k |
| of which ≤ 1y | €215k |
| of which > 1y | - |
| Working capital | €-49k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.77 |
| Quick ratio | 0.06 |
| Working capital ratio | -27.3% |
| Solvency | -20.6% |
| Debt / equity | -5.87 |
| Long-term debt ratio | - |
| Interest coverage | -3.05 |
| Gross margin | - |
| Net margin | - |
| ROA | -7.9% |
| ROE | 38.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €178k |
| Fixed assets | 21/28 | €12k |
| Intangible fixed assets | 21 | €5k |
| Tangible fixed assets | 22/27 | €7k |
| Current assets | 29/58 | €166k |
| Stocks & contracts in progress | 3 | €154k |
| Amounts receivable within one year | 40/41 | €11k |
| Cash & bank | 54/58 | €2k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €178k |
| Equity | 10/15 | €-37k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €-57k |
| Amounts payable | 17/49 | €215k |
| Amounts payable within one year | 42/48 | €215k |
| Trade debts payable within one year | 44 | €12k |
| Income statement | ||
| Gross operating margin | 9900 | €-4k |
| Operating result | 9901 | €-12k |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €-14k |
| Net result for the period | 9904 | €-14k |
| Result to be appropriated | 9905 | €-14k |
| NACE primary | Specialised construction(43350) |
| Legal form | Private limited company(610) |
| Incorporation | 23-12-2013 |
| Status | Active |
| Postal code | 9220 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42452C1135/00A002 | Flanders | 400 m² | 1 · 229 m² | 11.6 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
02-01-2024 Articles of association amended, name change, translation of the articles and coordination of the articles
Technical details
{
"notary": {
"name": "Sven HEYVAERT",
"firm_city": null,
"firm_name": null,
"office_city": "HAMME",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-01-02",
"filing_date": "2023-12-28",
"act_kind_objet": "BENAMING, STATUTEN (VERTALING, COORDINATIE, OVERIGE WIJZIGINGEN)"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2023-12-22",
"unanimous": null
},
"statute_change": {
"kinds": [
"name_change",
"translation",
"coordination",
"targeted_amendment",
"object_change"
],
"scope": "full_restatement",
"trigger": "wvv_adaptation",
"language_after": "nl",
"language_before": "nl"
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0543.562.957",
"name_full_after": "Vistabuild",
"legal_form_after": "BESloten Vennootschap",
"name_full_before": "FESTICO",
"current_zetel_raw": "Zogge 72 bus A 9220 Hamme",
"legal_form_before": "BESloten Vennootschap"
},
"special_mandates": [],
"articles_modified": [
{
"summary": "De tweede zin van artikel 1 wordt gewijzigd om de nieuwe naam \u0027Vistabuild\u0027 te bevestigen.",
"new_text": "Zij verkrijgt de naam \u00AB Vistabuild \u00BB.",
"change_kind": "amended",
"article_title": null,
"article_number": "1"
},
{
"summary": "Artikel 3 wordt uitgebreid met een gedetailleerde lijst van nieuwe maatschappelijke activiteiten, waaronder fietsenhandel, dierenfokkerij, publicatie, en diverse technische en bouwwerkzaamheden.",
"new_text": "Groot- en kleinhandel, import en export, leurhandel in nieuwe en gebruikte fietsen, fietsonderdelen, bromfietsen, bromfietsonderdelen, sport- en vrijetijdsartikelen, sportkleding voor kinderen en volwassenen, sport- en kledingaccessoires en verzorgingsproducten, meer in het bijzonder deze die worden aangewend bij het uitoefenen van sporten of gedurende de vrijetijdsbesteding. Het herstellen en ond",
"change_kind": "added",
"article_title": null,
"article_number": "3"
}
],
"governance_change": null,
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad - 02/01/2024 - Annexes du Moniteur belge"
],
"shareholder_rights": null,
"voorwerp_change_summary": "Het maatschappelijk voorwerp wordt uitgebreid met activiteiten in de fietsenhandel, dierenfokkerij, paardensport, publicatie van tijdschriften, en diverse technische en bouwwerkzaamheden, waaronder sanitair, airconditioning, en elektriciteitswerkzaamheden.",
"capital_structure_change": null,
"coordinated_text_lineage": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Vistabuild |