Skip to content

VISU

Active
Private limited companyfounded 1990active for 36 yearsRommelaerelaan 113, 1020 Brussel, BelgiumKBO/BCE: BE 0441.045.142
Summary

VISU has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €957,304 and a net result of €13,791. Equity remains stable across the filed financial years (±1.9% per year). Its solvency ranks better than 63% of 9,459 sector peers (NACE 82, financial year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 22 October 2026.

Turnover
€1.9m▲ 68.3%
2022 · €1.1m
EBIT margin
2.4%▲ 0.5pp
2022 · 1.9%
Net result
€13,791▲ 6.3%
2023 · €12,975
Working capital
€81,185▼ 39.6%
2023 · €134,386
Trend over the years

2020 to 2024, 5 financial years 2019 to 2024, 6 financial years

After the dip in 2022 the operating result has climbed two years in a row; 2024 is 70% above 2023.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€1.9m 2023 Operating result€0.08m 2024 Net result€0.01m 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 82, Office administrative, office support and other business support activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line201920202021202220232024
Turnover€1.7m-€1.3m▼ 27.9%€0.3m▼ 78.2%€1.1m▲ 311%€1.9m▲ 68.3%
Operating result-€0.001m-€0.08m€0.03m▼ 63.5%€0.02m▼ 31.5%€0.04m▲ 111%€0.08m▲ 70.5%
Net result-€0.05m-€0.02mwithin the sector's middle half€0.01mwithin the sector's middle half▼ 40.6%-€0.01mbelow the sector's middle half€0.01mwithin the sector's middle half€0.01mwithin the sector's middle half▲ 6.3%
EBIT margin-0.1%-6.8%▲ 6.9pp11.4%▲ 4.6pp1.9%▼ 9.5pp2.4%▲ 0.5pp
Equity€0.2m-€0.9mwithin the sector's middle half▲ 310%€1.0mwithin the sector's middle half▲ 3.9%€1.0mwithin the sector's middle half▲ 0.5%€1.0mwithin the sector's middle half▲ 1.3%€1.0mabove the sector's middle half▼ 2.8%
Total assets€0.8m-€1.4mwithin the sector's middle half▲ 90.5%€1.4mwithin the sector's middle half▼ 1.7%€1.5mwithin the sector's middle half▲ 2.3%€1.5mwithin the sector's middle half▲ 3.1%€1.5mabove the sector's middle half▼ 0.1%
Debt€0.5m-€0.5m▼ 3.0%€0.5m▼ 11.7%€0.5m▲ 6.0%€0.5m▲ 6.8%€0.5m▲ 5.0%
Working capital€0.04m-€0.06mwithin the sector's middle half▲ 38.9%€0.1mwithin the sector's middle half▲ 82.5%€0.1mwithin the sector's middle half▲ 13.4%€0.1mwithin the sector's middle half▲ 8.3%€0.08mwithin the sector's middle half▼ 39.6%
Solvency29.9%-64.3%within the sector's middle half▲ 34.4pp67.9%within the sector's middle half▲ 3.6pp66.7%within the sector's middle half▼ 1.2pp65.6%within the sector's middle half▼ 1.2pp63.8%within the sector's middle half▼ 1.8pp
Current ratio1.10-1.13within the sector's middle half▲ 0.031.26within the sector's middle half▲ 0.131.26within the sector's middle half▲ 0.011.27within the sector's middle half▲ 0.011.16within the sector's middle half▼ 0.12
Return on assets (ROA)-6.5%-1.6%within the sector's middle half▲ 8.0pp0.9%within the sector's middle half▼ 0.6pp-0.7%below the sector's middle half▼ 1.6pp0.9%within the sector's middle half▲ 1.6pp0.9%within the sector's middle half▲ 0.1pp
Staff (FTE)4.6-4.1within the sector's middle half▼ 10.9%3.5within the sector's middle half▼ 14.6%4.5within the sector's middle half▲ 28.6%6.5within the sector's middle half▲ 44.4%4.8▼ 26.2%
above within below the middle half of NACE 82, Office administrative, office support and other business support activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Why a figure moved sharply
  • 2023 Turnover +68% on 2022. This financial year ran 18 months, the previous one 12.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.5m
Fixed assets €901,651 ▲ 2.5%
Current assets €598,698 ▼ 3.9%
Equity and liabilities €1.5m
Equity €957,304 ▼ 2.8%
Debt €543,045 ▲ 5.0%
Debt's share of the balance-sheet total rises from 34.4% to 36.2%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€100,743▲
2023 · €63,015
Cash flow
€38,187▲
2023 · €31,208
Quick ratio
0.61▼
2023 · 0.66
Debt to equity
0.57▲
2023 · 0.52
ROE
1.4%▲
2023 · 1.3%
Interest coverage
2.68▼
2023 · 3.66
Debt ≤ 1 year
€517,512▲
2023 · €488,684
Debt > 1 year
€25,532▼
2023 · €28,550
Income taxes
€25,057▲
2023 · €14,967
Staff costs
€203,995▼
2023 · €296,353
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,042 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.3% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94.3% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.8% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 74.5% 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 17,042 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 63 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.5m€1.5m▼
Fixed assets21/28€0.9m€0.9m▲
Tangible fixed assets22/27€0.9m€0.9m▲
Land and buildings22€0.8m€0.9m▲
Plant, machinery and equipment23€0.02m€0.02m▼
Furniture and vehicles24-€0.02m
Leasing and similar rights25€0.02m€0.007m▼
Financial fixed assets28€0.001m€0.001m=
Current assets29/58€0.6m€0.6m▼
Stocks and contracts in progress3€0.3m€0.3m▼
Stocks30/36€0.3m€0.3m▼
Amounts receivable within one year40/41€0.2m€0.3m▲
Trade receivables40€0.2m€0.2m▲
Other amounts receivable41€0.07m€0.09m▲
Current investments50/53-€0.01m
Cash at bank and in hand54/58€0.09m€0.02m▼
Deferred charges and accrued income490/1-€0.006m
Equity and liabilities
Total equity and liabilities10/49€1.5m€1.5m▼
Equity10/15€1.0m€1.0m▼
Contributions10/11€0.1m€0.1m=
Capital10€0.1m-
Issued capital100€0.1m-
Revaluation surpluses12€0.7m€0.7m=
Reserves13€0.01m€0.2m▲
Non-distributable reserves130/1€0.01m€0.01m=
Legal reserve130€0.01m-
Reserves not available under the articles1311-€0.01m
Distributable reserves133-€0.2m
Profit (loss) carried forward14€0.2m€0▼
Investment grants15€0.04m€0▼
Amounts payable17/49€0.5m€0.5m▲
Amounts payable after more than one year17€0.03m€0.03m▼
Financial debts170/4€0.03m€0.03m▼
Amounts payable within one year42/48€0.5m€0.5m▲
Current portion of amounts payable after more than one year42€0.008m€0.02m▲
Financial debts43€0.4m€0.3m▼
Credit institutions430/8€0.4m€0.3m▼
Trade debts44€0.08m€0.1m▲
Suppliers440/4€0.08m€0.1m▲
Taxes, remuneration and social security45€0.04m€0.03m▼
Taxes450/3€0.01m€0.01m▼
Remuneration and social security454/9€0.03m€0.02m▼
Income statement Code20232024
Turnover70€1.9m-
Goods, raw materials, services and sundry goods60/61€1.5m-
Remuneration, social security and pensions62€0.3m€0.2m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.02m€0.02m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€0.01m
Other operating charges640/8€0.05m€0.01m▼
Gross operating margin9900€0.4m€0.3m▼
Operating profit (loss)9901€0.04m€0.08m▲
Financial income75/76B€374€139▼
Recurring financial income75€374€139▼
Financial charges65/66B€0.02m€0.04m▲
Recurring financial charges65€0.02m€0.04m▲
Profit (loss) for the period before taxes9903€0.03m€0.04m▲
Income taxes67/77€0.01m€0.03m▲
Profit (loss) for the period9904€0.01m€0.01m▲
Profit (loss) for the period to be appropriated9905€0.01m€0.01m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.2m€0.2m▲
Profit (loss) brought forward from the previous period14P€0.1m€0.2m▲
Transfer to equity691/2-€0.2m
To other reserves6921-€0.2m
Social balance sheet
Average headcount (FTE)90876.5-

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201920202021202220232024Change
Turnover70€1.7m€1.3m€0.3m€1.1m€1.9m--
Goods, raw materials, services and sundry goods60/61---€1.0m€1.5m--
Remuneration, social security and pensions62---€0.09m€0.3m€0.2m▼ 31.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.05m€0.03m€0.03m€0.02m€0.02m€0.02m▲ 33.8%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-----€0.01m-
Other operating charges640/8---€0.02m€0.05m€0.01m▼ 77.1%
Gross operating margin9900€0.3m€0.3m€0.08m€0.1m€0.4m€0.3m▼ 19.9%
Operating profit (loss)9901-€0.001m€0.08m€0.03m€0.02m€0.04m€0.08m▲ 70.5%
Financial income75/76B---€3€374€139▼ 62.9%
Recurring financial income75€334€102-€3€374€139▼ 62.9%
Financial charges65/66B---€0.02m€0.02m€0.04m▲ 119%
Recurring financial charges65€0.03m€0.05m€0.02m€0.02m€0.02m€0.04m▲ 119%
Profit (loss) for the period before taxes9903-€0.03m€0.04m€0.01m€0.003m€0.03m€0.04m▲ 39.0%
Income taxes67/77€0.02m€0.01m-€0.01m€0.01m€0.03m▲ 67.4%
Profit (loss) for the period9904-€0.05m€0.02m€0.01m-€0.01m€0.01m€0.01m▲ 6.3%
Profit (loss) for the period to be appropriated9905-€0.05m€0.02m€0.01m-€0.01m€0.01m€0.01m▲ 6.3%
Line201920202021202220232024Change
Assets
Total assets20/58€0.8m€1.4m€1.4m€1.5m€1.5m€1.5m▼ 0.1%
Fixed assets21/28€0.3m€0.9m€0.9m€0.9m€0.9m€0.9m▲ 2.5%
Tangible fixed assets22/27€0.3m€0.9m€0.9m€0.9m€0.9m€0.9m▲ 2.5%
Land and buildings22---€0.8m€0.8m€0.9m▲ 1.5%
Plant, machinery and equipment23----€0.02m€0.02m▼ 12.5%
Furniture and vehicles24---€0-€0.02m-
Leasing and similar rights25---€0.008m€0.02m€0.007m▼ 60.0%
Financial fixed assets28€0.004m€0.007m€0.007m€0.007m€0.001m€0.001m=
Current assets29/58€0.5m€0.5m€0.5m€0.6m€0.6m€0.6m▼ 3.9%
Stocks and contracts in progress3€0.4m€0.3m€0.4m€0.3m€0.3m€0.3m▼ 5.6%
Stocks30/36---€0.3m€0.3m€0.3m▼ 5.6%
Amounts receivable within one year40/41€0.04m€0.2m€0.1m€0.3m€0.2m€0.3m▲ 19.7%
Trade receivables40---€0.1m€0.2m€0.2m▲ 20.2%
Other amounts receivable41---€0.1m€0.07m€0.09m▲ 18.6%
Current investments50/53-----€0.01m-
Cash at bank and in hand54/58€0.05m€0.007m€0.004m€0.05m€0.09m€0.02m▼ 78.5%
Deferred charges and accrued income490/1---€0.004m-€0.006m-
Equity and liabilities
Total equity and liabilities10/49€0.8m€1.4m€1.4m€1.5m€1.5m€1.5m▼ 0.1%
Equity10/15€0.2m€0.9m€1.0m€1.0m€1.0m€1.0m▼ 2.8%
Contributions10/11€0.1m€0.1m€0.1m€0.1m€0.1m€0.1m=
Capital10---€0.1m€0.1m--
Issued capital100---€0.1m€0.1m--
Revaluation surpluses12---€0.7m€0.7m€0.7m=
Reserves13€0.01m€0.01m€0.01m€0.01m€0.01m€0.2m▲ 1,422%
Non-distributable reserves130/1---€0.01m€0.01m€0.01m=
Legal reserve130---€0.01m€0.01m--
Reserves not available under the articles1311-----€0.01m-
Distributable reserves133-----€0.2m-
Profit (loss) carried forward14€0.1m€0.1m€0.2m€0.1m€0.2m€0▼ 100%
Investment grants15---€0.04m€0.04m€0▼ 100%
Amounts payable17/49€0.5m€0.5m€0.5m€0.5m€0.5m€0.5m▲ 5.0%
Amounts payable after more than one year17€0.08m€0.04m€0.03m€0.01m€0.03m€0.03m▼ 10.6%
Financial debts170/4---€0.01m€0.03m€0.03m▼ 10.6%
Amounts payable within one year42/48€0.5m€0.5m€0.4m€0.5m€0.5m€0.5m▲ 5.9%
Current portion of amounts payable after more than one year42---€0.01m€0.008m€0.02m▲ 147%
Financial debts43---€0.3m€0.4m€0.3m▼ 7.4%
Credit institutions430/8---€0.3m€0.4m€0.3m▼ 7.4%
Trade debts44€0.1m€0.2m€0.07m€0.07m€0.08m€0.1m▲ 68.6%
Suppliers440/4---€0.07m€0.08m€0.1m▲ 68.6%
Taxes, remuneration and social security45---€0.04m€0.04m€0.03m▼ 26.8%
Taxes450/3---€0.02m€0.01m€0.01m▼ 5.9%
Remuneration and social security454/9---€0.03m€0.03m€0.02m▼ 37.2%
Other amounts payable47/48---€0.003m---
Accrued charges and deferred income492/3---€0.001m---
Line201920202021202220232024Change
Profit (loss) for the period9904-€49,070€22,640€13,437-€10,246€12,975€13,791▲ 6.3%
+ Depreciation and write-downs630€51,330€29,745€28,899€23,517€18,233€24,397▲ 33.8%
Operating cash flow (approximation)€2,260€52,385€42,336€13,271€31,208€38,187▲ 22.4%
Investment in fixed assets (approximation)--€682,074€400-€553-€33,732-€46,620▼ 38.2%
Change in cash--€43,435-€3,598€50,862€37,789-€72,367-

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

Download as CSV

Latest 10 of 33 filings with the National Bank
Financial year Type Filed Reference
31-12-2024 micro format 28-11-2025 2025-00574528
31-12-2023 full format 11-06-2024 2024-00126893
30-06-2022 full format 26-01-2023 2023-00004549
30-06-2021 full format 18-01-2022 2022-01300518
30-06-2020 full format 28-01-2021 2021-03300456
30-06-2019 full format 15-01-2020 2020-01400039
30-06-2018 full format 15-01-2019 2019-01600540
30-06-2017 full format 15-01-2018 2018-01600035
30-06-2016 full format 13-01-2017 2017-01500030
30-06-2015 full format 18-01-2016 2016-02300052

Show all 33 filings

Similar companies · same sector, comparable size

Of the 4,519 active companies whose main activity is organisation of conventions and trade shows (NACE 82300), figures are known for 1,672. 746 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.