VISTICON
ActiveSummary
VISTICON has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €187,736 and a net result of -€4,077. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 85% of 3243 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability33▼-8
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity ample (current ratio 5.9 against 4.07 in 2024; short-term debt: 8.7% and cash: 1.9% of total assets), and 8.7% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% 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 dateAge against the risk zone
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
14 d late
2024
62 d early
2023
57 d early
2022
51 d early
2021
31 d late
2020
27 d late
2019
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 18 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 10 June (4 of the last 5 filed years within 65 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
€207,112
EBIT margin
48.1%
Net result
-€4,077
2024 · €3,098
Working capital
€87,715▼ 4.4%
2024 · €91,792
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result-€28,420-€16,414▲ 42.2%-€11,183▲ 31.9%-€15,653▼ 40.0%-€4,224▲ 73.0%
Net result-€28,424below the sector's middle half-€16,464below the sector's middle half▲ 42.1%-€11,237below the sector's middle half▲ 31.7%€3,098below the sector's middle half-€4,077below the sector's middle half
EBIT margin
Equity€216,415within the sector's middle half▼ 11.6%€199,951within the sector's middle half▼ 7.6%€188,714within the sector's middle half▼ 5.6%€191,813within the sector's middle half▲ 1.6%€187,736within the sector's middle half▼ 2.1%
Total assets€228,400below the sector's middle half▼ 12.4%€210,582below the sector's middle half▼ 7.8%€208,612below the sector's middle half▼ 0.9%€221,698below the sector's middle half▲ 6.3%€205,626below the sector's middle half▼ 7.2%
Debt€11,986▼ 24.5%€10,631▼ 11.3%€19,898▲ 87.2%€29,885▲ 50.2%€17,891▼ 40.1%
Working capital€115,032within the sector's middle half▼ 19.8%€98,568within the sector's middle half▼ 14.3%€87,331within the sector's middle half▼ 11.4%€91,792within the sector's middle half▲ 5.1%€87,715within the sector's middle half▼ 4.4%
Solvency94.8%above the sector's middle half▲ 0.8pp95.0%above the sector's middle half▲ 0.2pp90.5%above the sector's middle half▼ 4.5pp86.5%above the sector's middle half▼ 3.9pp91.3%above the sector's middle half▲ 4.8pp
Current ratio10.60above the sector's middle half▲ 0.5610.27above the sector's middle half▼ 0.335.39above the sector's middle half▼ 4.884.07within the sector's middle half▼ 1.325.90above the sector's middle half▲ 1.83
Return on assets (ROA)-12.4%below the sector's middle half▼ 32.1pp-7.8%below the sector's middle half▲ 4.6pp-5.4%below the sector's middle half▲ 2.4pp1.4%within the sector's middle half▲ 6.8pp-2.0%below the sector's middle half▼ 3.4pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4,224 in 2025 against €15,653 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €205,626
Fixed assets
€100,021 =
Current assets
€105,606 ▼ 13.2%
Equity and liabilities €205,626
Equity
€187,736 ▼ 2.1%
Debt
€17,891 ▼ 40.1%
Debt's share of the balance-sheet total falls from 13.5% to 8.7%. Equity and debt are lower.
Key figures and ratios
Debt to equity
0.10▼
2024 · 0.16
ROE
-2.2%▼
2024 · 1.6%
Debt ≤ 1 year
€17,891▼
2024 · €29,885
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.7%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €348 | - | €348 | €772 | €405 | ▼ 47.5% |
| Gross operating margin9900 | -€28,073 | -€16,414 | -€10,835 | -€14,881 | -€3,819 | ▲ 74.3% |
| Operating profit (loss)9901 | -€28,420 | -€16,414 | -€11,183 | -€15,653 | -€4,224 | ▲ 73.0% |
| Financial income75/76B | - | - | - | €18,823 | €208 | ▼ 98.9% |
| Recurring financial income75 | - | - | - | €18,823 | €208 | ▼ 98.9% |
| Financial charges65/66B | €50 | €50 | €54 | €71 | €61 | ▼ 14.2% |
| Recurring financial charges65 | €50 | €50 | €54 | €71 | €61 | ▼ 14.2% |
| Profit (loss) for the period before taxes9903 | -€28,470 | -€16,464 | -€11,237 | €3,098 | -€4,077 | ▼ 232% |
| Income taxes67/77 | -€46 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€28,424 | -€16,464 | -€11,237 | €3,098 | -€4,077 | ▼ 232% |
| Profit (loss) for the period to be appropriated9905 | -€28,424 | -€16,464 | -€11,237 | €3,098 | -€4,077 | ▼ 232% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €228,400 | €210,582 | €208,612 | €221,698 | €205,626 | ▼ 7.2% |
| Fixed assets21/28 | €101,383 | €101,383 | €101,383 | €100,021 | €100,021 | = |
| Financial fixed assets28 | €101,383 | €101,383 | €101,383 | €100,021 | €100,021 | = |
| Current assets29/58 | €127,018 | €109,199 | €107,230 | €121,677 | €105,606 | ▼ 13.2% |
| Amounts receivable within one year40/41 | €555 | - | €1,117 | €592 | - | - |
| Trade receivables40 | - | - | €980 | - | - | - |
| Other amounts receivable41 | €555 | - | €137 | €592 | - | - |
| Current investments50/53 | €100,000 | €100,000 | €100,000 | €116,684 | €101,684 | ▼ 12.9% |
| Cash at bank and in hand54/58 | €26,462 | €9,199 | €6,113 | €4,401 | €3,922 | ▼ 10.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €228,400 | €210,582 | €208,612 | €221,698 | €205,626 | ▼ 7.2% |
| Equity10/15 | €216,415 | €199,951 | €188,714 | €191,813 | €187,736 | ▼ 2.1% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | €18,600 | - | - | - | - | - |
| Issued capital100 | €18,600 | - | - | - | - | - |
| Outside capital11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Other1109/19 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €206,860 | €156,860 | €156,860 | €156,860 | €156,860 | = |
| Non-distributable reserves130/1 | €106,860 | €106,860 | €106,860 | €6,860 | €6,860 | = |
| Legal reserve130 | €6,860 | - | - | - | - | - |
| Reserves not available under the articles1311 | €100,000 | €106,860 | €106,860 | €6,860 | €6,860 | = |
| Distributable reserves133 | €100,000 | €50,000 | €50,000 | €150,000 | €150,000 | = |
| Profit (loss) carried forward14 | -€9,045 | €24,491 | €13,254 | €16,353 | €12,276 | ▼ 24.9% |
| Amounts payable17/49 | €11,986 | €10,631 | €19,898 | €29,885 | €17,891 | ▼ 40.1% |
| Amounts payable within one year42/48 | €11,986 | €10,631 | €19,898 | €29,885 | €17,891 | ▼ 40.1% |
| Trade debts44 | €8,919 | €3,301 | €961 | €12,180 | - | - |
| Suppliers440/4 | €8,919 | €3,301 | €961 | €12,180 | - | - |
| Taxes, remuneration and social security45 | - | €781 | - | - | - | - |
| Taxes450/3 | - | €781 | - | - | - | - |
| Other amounts payable47/48 | €3,067 | €6,548 | €18,937 | €17,705 | €17,891 | ▲ 1.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€28,424 | -€16,464 | -€11,237 | €3,098 | -€4,077 | ▼ 232% |
| Operating cash flow (approximation) | -€28,424 | -€16,464 | -€11,237 | €3,098 | -€4,077 | ▼ 232% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €1,362 | €0 | ▼ 100% |
| Change in cash | - | -€17,263 | -€3,086 | -€1,711 | -€480 | ▲ 72.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 14 days late
2025
30-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €3,098
Net result €3,098 after 3 loss-making years.
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
10-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet -€28,424
Net result drops to -€28,424, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 27 days late
2020
31-12
Financial
Equity above €200,000Eq €244,839 ▲26.5%
2 profitable years in a row build equity to €244,839.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €84,029
Net result €84,029 after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 6.52
Current ratio from 1.92 to 6.52.
Show earlier events
31-12
Financial
Equity above €150,000Eq €193,541 ▲76.7%
Equity rises from €109,512 to €193,541.
06-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 37 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 57 days late
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Pieters-Woluwe · 1 establishment unit since 2003
Ground area
437 m²
Building footprint
115 m²
Volume, LiDAR
921 m³
Parcel 21684B0063/00K009, Brussels · tallest building 13.3 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
VISTICON SPRL
since 20032.132.933.196
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21684B0063/00K009 | Brussels | 437 m² | 1 · 115 m² | 13.3 m · 3 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.
Recognitions · licences · registrations
Legal Entity Identifier
549300J5E5UGV225SB69
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Of 82,601 companies in this sector we hold annual accounts for 52,615. 40,298 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded03-02-2003
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0479446848
Also
9925:BE0479446848
Registered
19-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.