VISU
ActiveFrom the official registers: KBO 33 annual accounts at the National Bank publications in the Belgian Official Gazette
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 has been stable since 2019 (±1.9% per year). Its solvency ranks better than 63% of 9,454 sector peers (NACE 82, financial year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
Official details
KBO- Status
- Active since 24-07-1990 Normal situation
- Legal form
- Private limited company
- Registered office
- Rommelaerelaan 113, 1020 Brussel
- Activity
- Organisation of conventions and trade shows NACE 82300and 6 others
- Establishment unit
- 2.049.059.672 1020 Brussel, since 20-01-1995
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.8%
- Gross margin
- €331,610
- ▼ 19.9%
- Turnover
- ≈ €520,000
- estimated
- Profit
- €13,791
- ▲ 6.3%
- Equity
- €957,304
- ▼ 2.8%
- Total assets
- €1.5m
- ▼ 0.1%
- Staff
- 4.8 FTE
- ▼ 26.2%
Score breakdownraises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed on 02-12-2025)1 financial year not filed after the legal deadline; last filed accounts filed 120 days late; 1 of the last 3 accounts lateLiquidity: current ratio 1.16, cash €19,853, halvedlowers riskFounded in 1990Show the evidence
Checked score
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, micro). It does better than 64% of them on solvency, 21% on liquidity, 23% on profitability and 34% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 6 accounts on average 6 days after the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
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Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 1 November 2026.
Annual accounts 2024
- Financial year ended
- 31-12-2024
- Filed on
- 28-11-2025
- Format
- micro format
- Reference
- 2025-00574528
2020 to 2024, 5 financial years 2019 to 2024, 6 financial years
The operating result for 2024 is 70% higher than in 2023. It is the second rise in a row, after the fall in 2022.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Office administrative, office support and other business support activities (NACE 82). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
- 2023 Turnover +68% on 2022. This financial year ran 18 months, the previous one 12.
Companies with the same profile, two years later
Historical observationIn July 2024, 17,041 companies had the same profile as VISU has now. Two years later, 0.5% had gone bankrupt and 94.4% were still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of VISU itself is higher: 0.8% within 12 months. It rests on far more data about VISU than the profile alone.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,041 companies, not a prediction for VISU. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| 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% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| 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 | ▲ 15× |
| 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 | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| 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 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 33 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 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 |
Comparable companies
These companies have the same main activity as VISU: organisation of conventions and trade shows (NACE 82300). They are comparable in size and age: total assets between €1.2m and €1.9m, founded between 1984 and 1994.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| VISU Brussel | 1990 | €1.5m | €1.0m | €0.3m | €0.01m | - | 2024 |
| SOMPI 2.0 Denderleeuw | 1994 | €1.7m | €1.1m | €0.3m | €0.07m | - | 2025 |
| EVENTIQUE Brussel | 1989 | €1.2m | €0.4m | €0.2m | €0.01m | 3.2 | 2025 |
| BUSINESS Training Brussel | 1984 | €1.8m | -€0.3m | €0.5m | -€0.2m | 6.7 | 2025 |
| ACTION et SERVICE Vorst | 1994 | €1.2m | €0.6m | €0.5m | €0.1m | 6.1 | 2025 |
| ASSOCIATION EUROPEENNE DES EXPOSITIONS SCIENTIFIQUES TECHNIQUES ET INDUSTRIELLES - EUROPEAN COLLABORATIVE FOR SCIENCE INDUSTRY AND TECHNOLOGY EXHIBITIONS Elsene | 1991 | €1.2m | €0.7m | €0.7m | €0.01m | 7.7 | 2025 |
| ENJOY TODAY Oudenaarde | 1985 | €1.9m | €0.5m | €0.3m | €0.04m | - | 2025 |
They were chosen from the 1,757 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| SERGE BROMBINI |
|
The board according to the articles of association
Board and representation
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Article 16.- Représentation - Actes et actions judiciaires. La société est représentée dans les actes, y compris ceux où interviennent un…”
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Avec ou sans limitation durée, portée aux frais généraux indépendamment représentation,voyages,déplacements”“Administrateurs restants, décès,démission,autre raison”“Chaque administrateur agissant seul, tous actes nécessaires ou utiles accomplissement objet”
Audit, dissolution and liquidation
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Actif net risque de devenir ou est devenu négatif, organe d’administration”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Pouvoirs les plus étendus conférés par articles 2:87 et suivants CSA, dissolution pour quelque cause et à quelque moment”
Articles of association, deed of 28-06-2023
Owners and capital
Capital transactions
- 28-06-2023 Converted to unavailable equity
Shares according to the articles of association
Capital, shares and profit
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Déduction faite actions dont cession proposée, indifférente”
- Authorised capitalThe board may raise the capital up to this amount without a new shareholder decision.
- “Émettre actions nouvelles,obligations convertibles ou droits de souscription, autorisation”
Other provisionsThese rules from the articles cover subjects other than the board, the shares, the purpose and the meetings.
Articles of association, deed of 28-06-2023 (in French)
Group and network
Connections & network
1 current directorThe network starts from the directors of VISU. Every other company they run is a node.
History
Acts, filings and financial milestones
28-06
Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointmentsCapital conversion · Reserve release · Director in office9 points ▸
- General meeting, 14-06-2023
- Other provision, “période transitoire et prochaine assemblée ordinaire”, 31-12-2023 (deed in French)
- Other provision, “mise en concordance avec le Code des Sociétés et des Associations, adapter les statuts” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “suppression, fonds disponibles pour distribution” (deed in French)
- Amendment of the articles
- Other provision, “objet social inchangé” (deed in French)
- Director in office, BROMBINI, Serge (director)
- Capital
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 20256 activities
- La décoration intérieure et extérieure, le montage, l'achat, la vente, la location, la réalisation et la pose de stands, de cloisons et châssis et d'une manière générale tous travaux, entreprises et activités de transformation, de rénovation et d'aménagement d’immeuble
- L'achat, la vente, la location d'immeubles et toutes activités de conseil et d'intermédiaire en matière immobilière
- L'organisation d'expositions, de spectacles et toutes les activités de publicités, l'installation et l'équipement de toutes salles de spectacles et de tous locaux
- La conception, la réalisation, la fabrication et la commercialisation de tous articles textiles, vêtements et accessoires, articles de bureaux, mobilier et objets divers en toute matière, articles de papeteries, de librairie, journaux
- Toutes activités relatives à la publicité, la promotion, l'agence de publicité, au merchandising
- Toutes activités relatives au graphisme, lettrage, imprimerie et impression d'une façon générale
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0441.045.142
Financial year and general meeting
Accounts at the NBBThe scores and ratios are Checked's own calculations, not a credit decision.
Sites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21816H0121/00K007 | Brussels | 68 m² | 1 · 70 m² | 11.5 m · 4 |