Turnover
The micro format states no turnover.
The micro format states no turnover.
Green is investment, beige is depreciation. Machinery stands 33.5% higher than in 2025.
The 2020 accounts came 16 days late. The other nine of the last ten were filed on time.
The dashed line is the sector median: 0.1% across 3,431 companies (NACE 90, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 90, micro). It does better than 55% of them on solvency, 23% on liquidity, 57% on profitability and 64% on growth.
The bankruptcy probability was computed on 07-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-03-2026.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
In July 2024, 34,693 companies had the same profile as VISUAL AFFAIRS has now. Each dot stands for 87 companies, two years later.
That fits the bankruptcy probability of VISUAL AFFAIRS itself: 0.1% within 12 months.
The method was tested on the 497,447 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 34,693 companies, not a prediction for VISUAL AFFAIRS. 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.
Liquidity is insufficient, with a current ratio of 0.74 (0.45 in 2025), below 1. Short-term debt is 37.2% and cash 3.8% of total assets. 46.6% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 5 days before the deadline. In the sector (NACE 90), the median for financial year 2024 was 3 days before the deadline, and 38% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| VISUAL AFFAIRS Tienen | €120,011 | €49,202 | 53.4% | - |
| dPro Sint-Pieters-Leeuw | €139,115 | €45,183 | 21.9% | - |
| MEES - VAN HOECKE Stekene | €119,628 | €40,988 | 69.0% | - |
| Vedelek Mol | €103,578 | €43,621 | 64.3% | - |
| CRAQUE MAJEUR Kampenhout | €111,136 | €53,966 | 26.2% | - |
| MB ELECTRONICS MANAGEMENT Kortenaken | €155,190 | €61,626 | 48.9% | - |
| SOUNDQ Beringen | €126,513 | €31,725 | 79.3% | - |
These companies have the same main activity as VISUAL AFFAIRS: specialised image, lighting and sound technical services (NACE 90393). They are comparable in size and age: total assets between €104,000 and €155,000, founded between 2001 and 2011.
VISUAL AFFAIRS files the micro format. That format states no turnover. The gross margin rose from €15,432 in 2010 to €49,202 in 2026.
The balance sheet grew most in 2011 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €140,000. Estimated: probably between €81,000 and €220,000.
Higher than 54% of 2,486 companies in 2025.
Higher than 12% of 2,349 companies in 2025.
Higher than 54% of 2,394 companies in 2025.
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
120,011 | 105,216 | 85,507 | 109,263 | 125,320 | 124,511 | 94,021 | 144,858 | 104,453 | 121,280 | 97,978 | 113,578 | 121,718 | 120,109 | 119,181 | 131,589 | 50,405 | |
21/28 |
87,148 | 83,424 | 63,418 | 77,341 | 85,736 | 76,323 | 67,312 | 86,608 | 63,264 | 87,179 | 59,367 | 68,786 | 57,853 | 81,043 | 81,552 | 92,094 | 33,492 | |
21 |
- | - | - | - | - | 0 | 348 | 697 | - | - | - | - | - | - | - | - | - | |
22/27 |
87,148 | 83,424 | 63,418 | 77,341 | 85,736 | 76,323 | 66,964 | 80,245 | 57,598 | 81,513 | 55,367 | 68,786 | 57,853 | 81,043 | 81,552 | 92,094 | 33,492 | |
23 |
55,670 | 41,700 | 55,229 | 68,985 | 74,027 | 72,115 | 61,233 | 70,776 | 36,221 | 50,111 | 14,186 | 18,739 | 32,361 | 51,130 | 57,655 | 59,360 | 17,061 | |
24 |
28,915 | 38,456 | 7,649 | 8,355 | 11,038 | 1,176 | 338 | 1,715 | 11,169 | 18,739 | 26,064 | 32,296 | 5,576 | 14,169 | 23,181 | 32,734 | 16,431 | |
26 |
2,563 | 3,268 | 539 | 0 | 671 | 3,032 | 5,393 | 7,754 | 10,208 | 12,663 | 15,117 | 17,750 | 19,915 | 15,744 | 715 | - | - | |
28 |
- | - | - | - | - | - | 0 | 5,667 | 5,667 | 5,667 | 4,000 | - | - | - | - | - | - | |
29/58 |
32,863 | 21,792 | 22,089 | 31,922 | 39,584 | 48,188 | 26,709 | 58,250 | 41,188 | 34,101 | 38,611 | 44,792 | 63,865 | 39,066 | 37,630 | 39,495 | 16,913 | |
40/41 |
25,564 | 16,625 | 17,884 | 27,201 | 31,652 | 27,954 | 23,730 | 54,856 | 35,009 | 27,511 | 35,678 | 43,749 | 61,047 | 36,525 | 33,986 | 39,068 | 16,482 | |
40 |
18,019 | 14,811 | 16,183 | 20,877 | 30,631 | 26,236 | 15,226 | 45,791 | 28,968 | 17,184 | 16,809 | 26,194 | 52,837 | 29,203 | 22,872 | 23,865 | 16,301 | |
41 |
7,545 | 1,814 | 1,700 | 6,324 | 1,021 | 1,718 | 8,504 | 9,066 | 6,042 | 10,327 | 18,870 | 17,554 | 8,210 | 7,322 | 11,113 | 15,203 | 181 | |
54/58 |
4,578 | 7 | 25 | 2,211 | 6 | 18,438 | - | - | 3,930 | 4,123 | 678 | - | - | - | 2,522 | - | - | |
490/1 |
2,720 | 5,160 | 4,180 | 2,510 | 7,926 | 1,796 | 2,979 | 3,393 | 2,249 | 2,467 | 2,254 | 1,043 | 2,819 | 2,541 | 1,122 | 427 | 430 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
120,011 | 105,216 | 85,507 | 109,263 | 125,320 | 124,511 | 94,021 | 144,858 | 104,453 | 121,280 | 97,978 | 113,578 | 121,718 | 120,109 | 119,181 | 131,589 | 50,405 | |
10/15 |
64,095 | 56,662 | 48,684 | 80,212 | 79,736 | 62,120 | 46,328 | 53,799 | 53,601 | 48,831 | 46,204 | 44,686 | 38,553 | 28,221 | 16,473 | 2,095 | 4,284 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | - | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
11 |
- | - | - | - | - | - | 6,200 | - | - | - | - | - | - | - | - | - | - | |
1100/10 |
- | - | - | - | - | - | 6,200 | - | - | - | - | - | - | - | - | - | - | |
13 |
57,895 | 50,462 | 46,081 | 49,739 | 47,664 | 28,447 | 11,055 | 11,055 | 9,257 | 4,487 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | |
130/1 |
- | - | 0 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | |
1311 |
- | - | 0 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
1319 |
- | - | - | - | - | - | 1,860 | - | - | - | - | - | - | - | - | - | - | |
133 |
57,895 | 50,462 | 46,081 | 47,879 | 45,804 | 26,587 | 9,195 | 9,195 | 7,397 | 2,627 | - | - | - | - | - | - | - | |
14 |
- | 0 | -3,597 | 24,273 | 25,873 | 27,473 | 29,073 | 36,544 | 38,144 | 38,144 | 38,144 | 36,626 | 30,493 | 20,161 | 8,413 | -4,105 | -1,916 | |
17/49 |
55,916 | 48,554 | 36,823 | 29,051 | 45,584 | 62,392 | 47,693 | 91,058 | 50,852 | 72,449 | 51,774 | 68,892 | 83,166 | 91,888 | 102,708 | 129,494 | 46,121 | |
17 |
10,134 | 0 | 4,120 | 8,179 | 10,853 | 31,812 | 17,000 | 19,574 | 12,724 | 31,591 | 21,085 | 36,245 | 20,892 | 31,956 | 35,135 | 66,350 | 21,920 | |
170/4 |
10,134 | 0 | 4,120 | 8,179 | 10,853 | 31,812 | 17,000 | 19,574 | 12,724 | 31,591 | 21,085 | 36,245 | 20,892 | 31,956 | 35,135 | 66,350 | 21,920 | |
42/48 |
44,639 | 48,254 | 32,262 | 20,232 | 34,459 | 29,650 | 29,168 | 70,649 | 37,589 | 40,858 | 29,936 | 32,647 | 62,274 | 59,651 | 67,394 | 62,967 | 23,953 | |
42 |
4,958 | 8,179 | 8,058 | 3,999 | 3,959 | 3,900 | 6,417 | 16,567 | 24,700 | 28,252 | 21,577 | 25,933 | 16,898 | 36,928 | 31,590 | 34,413 | 6,994 | |
43 |
0 | 167 | 5,045 | 0 | 3,486 | 0 | 3,389 | 6,098 | - | - | - | 261 | 6,663 | 6,590 | - | 2,254 | 7,095 | |
430/8 |
0 | 167 | 5,045 | 0 | 3,486 | 0 | 3,389 | 6,098 | - | - | - | 261 | 6,663 | 6,590 | - | 2,254 | 7,095 | |
44 |
3,885 | 4,095 | 4,491 | 3,683 | 6,709 | 2,191 | 828 | 17,245 | 2,874 | 5,525 | 4,221 | 3,911 | 15,076 | 4,889 | 22,808 | 15,823 | 3,942 | |
440/4 |
3,885 | 4,095 | 4,491 | 3,683 | 6,709 | 2,191 | 828 | 17,245 | 2,874 | 5,525 | 4,221 | 3,911 | 15,076 | 4,889 | 22,808 | 15,823 | 3,942 | |
45 |
6,269 | 10,554 | 11,935 | 4,633 | 11,059 | 6,732 | 3,850 | 5,519 | 4,864 | 7,000 | 3,850 | 2,250 | 11,071 | 11,244 | 9,141 | 1,316 | 993 | |
450/3 |
3,366 | 7,646 | 5,666 | 1,902 | 7,909 | 6,732 | 2,250 | 5,519 | 4,864 | 4,000 | 2,250 | 2,250 | 11,071 | 9,635 | 9,141 | 1,316 | 993 | |
454/9 |
2,903 | 2,908 | 6,268 | 2,732 | 3,150 | 0 | 1,600 | - | - | 3,000 | 1,600 | - | - | 1,609 | - | - | - | |
47/48 |
29,527 | 25,260 | 2,733 | 7,917 | 9,245 | 16,828 | 14,684 | 25,220 | 5,151 | 82 | 288 | 293 | 12,566 | - | 3,856 | 9,160 | 4,929 | |
492/3 |
1,143 | 300 | 441 | 639 | 272 | 929 | 1,525 | 835 | 538 | - | 753 | - | - | 281 | 179 | 177 | 249 | |
| Income statement | ||||||||||||||||||
76A |
35,653 | 4,516 | - | - | 0 | 3,500 | 4,360 | - | - | 2,393 | 2,100 | 15,033 | - | - | - | - | - | |
9900 |
49,202 | 58,092 | 17,023 | 60,405 | 45,715 | 41,855 | 17,620 | 36,378 | 40,848 | 41,038 | 19,371 | 27,690 | 63,002 | 66,574 | 66,264 | 28,667 | 15,432 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 71,662 | |
62 |
15,387 | 22,593 | 22,106 | 21,319 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
630 |
22,138 | 23,929 | 21,565 | 19,686 | 16,993 | 16,378 | 14,909 | 30,988 | 28,182 | 31,565 | 19,998 | 28,942 | 39,662 | 40,538 | 34,222 | 26,448 | 11,164 | |
631/4 |
- | - | 0 | 2,259 | - | - | - | - | - | - | -983 | - | - | 983 | - | - | - | |
635/8 |
- | - | - | - | - | - | - | - | - | - | - | - | 1,857 | - | - | - | - | |
640/8 |
784 | 1,090 | 1,647 | 1,181 | 977 | 972 | 1,012 | 877 | 1,289 | 1,242 | 1,037 | 1,231 | 1,028 | 1,333 | 2,444 | 666 | 1,974 | |
66A |
0 | 150 | 0 | 1,101 | - | 0 | 6,466 | - | - | - | - | - | - | - | - | - | - | |
9901 |
10,894 | 10,331 | -28,297 | 14,860 | 27,745 | 24,505 | -4,766 | 4,513 | 11,377 | 8,231 | -680 | -2,483 | 20,456 | 23,719 | 29,598 | 1,552 | 2,294 | |
75/76B |
57 | 86 | 0 | 21 | - | - | - | - | - | - | 2,750 | 168 | - | - | 111 | - | - | |
75 |
57 | 86 | 0 | 21 | - | - | - | - | - | - | 2,750 | 168 | - | - | 111 | - | - | |
65/66B |
2,426 | 1,553 | 764 | 824 | 959 | 2,332 | 2,385 | 2,181 | 3,120 | 2,524 | 1,766 | 2,918 | 4,933 | 6,138 | 5,747 | 2,668 | 3,218 | |
65 |
2,426 | 1,553 | 764 | 824 | 959 | 2,332 | 2,385 | 2,181 | 3,120 | 2,524 | 1,766 | 2,918 | 4,933 | 6,138 | 5,747 | 2,668 | 3,218 | |
9903 |
8,525 | 8,864 | -29,061 | 14,057 | 26,786 | 22,173 | -7,152 | 2,333 | 8,257 | 5,707 | 2,404 | 9,801 | 15,522 | 17,581 | 23,962 | -1,115 | -923 | |
67/77 |
1,092 | 887 | 669 | 4,585 | 7,569 | 4,782 | 320 | 534 | 3,487 | 3,080 | 885 | 3,668 | 5,190 | 5,833 | 4,985 | 1,073 | 993 | |
9904 |
7,434 | 7,977 | -29,730 | 9,473 | 19,217 | 17,391 | -7,471 | 1,798 | 4,770 | 2,627 | 1,518 | 6,133 | 10,332 | 11,748 | 18,977 | -2,188 | -1,916 | |
9905 |
7,434 | 7,977 | -29,730 | 9,473 | 19,217 | 17,391 | -7,471 | 1,798 | 4,770 | 2,627 | 1,518 | 6,133 | 10,332 | 11,748 | 18,977 | -2,188 | -1,916 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
7,434 | 4,381 | -5,457 | 35,346 | 46,690 | 46,464 | 29,073 | 39,943 | 42,914 | 40,771 | 38,144 | 36,626 | 30,493 | 20,161 | 14,873 | -4,105 | -1,916 | |
14P |
0 | -3,597 | 24,273 | 25,873 | 27,473 | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | 0 | 3,658 | 7,397 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
7,434 | 4,381 | 0 | 9,473 | 19,217 | 17,391 | 0 | 1,798 | 4,770 | 2,627 | - | - | - | - | 1,860 | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | - | - | |
6921 |
7,434 | 4,381 | 0 | 9,473 | 19,217 | 17,391 | 0 | 1,798 | 4,770 | 2,627 | - | - | - | - | - | - | - | |
694/7 |
- | 0 | 1,798 | 8,997 | 1,600 | 1,600 | 0 | 1,600 | - | - | - | - | - | - | 4,600 | - | - | |
694 |
- | 0 | 1,798 | 8,997 | 1,600 | 1,600 | 0 | 1,600 | - | - | - | - | - | - | - | - | - | |
695 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 4,600 | - | - | |
| Social balance sheet | ||||||||||||||||||
9087 |
1 | 1 | - | 1 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
Hours worked1013 |
372 | 860 | - | 932 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||
The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2026 at the NBB, filed on 29-10-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | micro format | 29-10-2026 | 2026-00598248 | |
| 31-03-2025 | micro format | 28-10-2025 | 2025-00552126 | |
| 31-03-2024 | micro format | 07-10-2024 | 2024-00503065 | |
| 31-03-2023 | micro format | 27-10-2023 | 2023-00498254 | |
| 31-03-2022 | micro format | 14-10-2022 | 2022-20461730 | |
| 31-03-2021 | micro format | 29-10-2021 | 2021-74700585 | |
| 31-03-2020 | micro format | 16-11-2020 | 2020-70800103 | |
| 31-03-2019 | micro format | 29-10-2019 | 2019-71800228 | |
| 31-03-2018 | micro format | 26-10-2018 | 2018-70600217 | |
| 31-03-2017 | micro format | 31-10-2017 | 2017-68700158 | |
| 31-03-2016 | abbreviated format | 03-11-2016 | 2016-67400259 | |
| 31-03-2015 | abbreviated format | 30-09-2015 | 2015-61200336 | |
| 31-03-2014 | abbreviated format | 09-10-2014 | 2014-64100578 | |
| 31-03-2013 | abbreviated format | 30-10-2013 | 2013-64200471 | |
| 31-03-2012 | abbreviated format | 24-10-2012 | 2012-61400210 | |
| 31-03-2011 | abbreviated format | 15-11-2011 | 2011-60600282 | |
| 31-03-2010 | abbreviated format | 27-09-2010 | 2010-55500248 |
| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 33,032 | 34,260 | -6,731 | 34,546 | 44,738 | 40,883 | 10,143 | 35,501 | 39,559 | 39,796 | 19,318 | 26,459 | 60,117 | 64,257 | 63,820 | 28,000 | 13,458 | ||
| 29,571 | 31,906 | -8,164 | 29,159 | 36,210 | 33,769 | 7,438 | 32,787 | 32,952 | 34,192 | 21,517 | 35,075 | 49,994 | 52,286 | 53,199 | 24,260 | 9,248 | ||
| 40,209 | 44,669 | 7,643 | 11,290 | 26,406 | 25,388 | 16,920 | 54,332 | 4,267 | 59,377 | 10,579 | 45,465 | 16,472 | 40,030 | 23,679 | 85,050 | 44,656 | ||
| 4,572 | -19 | -2,186 | 2,205 | -18,432 | - | - | - | -193 | 3,445 | - | - | - | - | - | - | - | ||
| -11,776 | -26,462 | -10,172 | 11,690 | 5,125 | 18,538 | -2,459 | -12,399 | 3,599 | -6,757 | 8,675 | 12,145 | 1,592 | -20,585 | -29,764 | -23,472 | -7,040 | ||
| 53.4% | 53.9% | 56.9% | 73.4% | 63.6% | 49.9% | 49.3% | 37.1% | 51.3% | 40.3% | 47.2% | 39.3% | 31.7% | 23.5% | 13.8% | 1.6% | 8.5% | ||
| 0.74 | 0.45 | 0.68 | 1.58 | 1.15 | 1.63 | 0.92 | 0.82 | 1.10 | 0.83 | 1.29 | 1.37 | 1.03 | 0.65 | 0.56 | 0.63 | 0.71 | ||
| 0.87 | 0.86 | 0.76 | 0.36 | 0.57 | 1.00 | 1.03 | 1.69 | 0.95 | 1.48 | 1.12 | 1.54 | 2.16 | 3.26 | 6.24 | 61.80 | 10.77 | ||
| 11.6% | 14.1% | -61.1% | 11.8% | 24.1% | 28.0% | -16.1% | 3.3% | 8.9% | 5.4% | 3.3% | 13.7% | 26.8% | 41.6% | 115.2% | -104.4% | -44.7% | ||
| 6.2% | 7.6% | -34.8% | 8.7% | 15.3% | 14.0% | -7.9% | 1.2% | 4.6% | 2.2% | 1.5% | 5.4% | 8.5% | 9.8% | 15.9% | -1.7% | -3.8% | ||
| 13.62 | 22.06 | -8.81 | 41.95 | 46.67 | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 20 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-03-2026 | 31-03-2025 | 31-03-2023 |
|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 |
| full-time | 0 | 0 | 0 |
| part-time | 1 | 1 | 1 |
| in full-time equivalents | 0.2 | 0.2 | 0.5 |
| 0.3 | 0.5 | 0.5 | |
| On a permanent contract | 1 | 1 | 1 |
| Joined | - | - | 1 |
| Left | - | - | 0 |
Source: social balance sheet in the 2023 to 2026 annual accounts
| Item | 31-03-2026 | 31-03-2025 | 31-03-2024 | 31-03-2023 | 31-03-2022 |
|---|---|---|---|---|---|
| Tangible fixed assets | €40,209 | €44,669 | €7,643 | €11,290 | €26,406 |
| €22,138 | €23,929 | €21,565 | €19,686 | €16,993 |
Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)
The operating result for 2026 is 5% higher than in 2025 and the highest since 2023. It is the second rise in a row, after the fall in 2024.
Debt's share of the balance-sheet total rises from 46.1% to 46.6%. Equity and debt are higher.
VISUAL AFFAIRS has no parent and no holdings in its annual accounts. VERSTRAETE Geert Jan Baptiste Andrea is the only director. VISUAL AFFAIRS shares no director with another company.
Deadline for the 2027 accounts: 31-10-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 6 January 2009, VISUAL AFFAIRS was incorporated.1 VERSTRAETE Geert Jan Baptiste Andrea is statutory director of the company, appointed by deed of 19-05-2023.2 Total assets went from €144,858 in 2019 to €120,011 in 2026 and headcount from 1 full-time equivalents in 2023 to 1 in 2026.3
| Establishment | Since | Unit number |
|---|---|---|
| Sint-Barbarastraat 197 registered office 3300 Tienen | ||
| Sint-Barbarastraat 197 3000 Leuven | 06-01-2009 | 2.175.566.478 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 24057C0281/00T000 | 869 m² | 1 · 128 m² | 10.3 m · 3 |
If something looks wrong or is missing, please tell us.