VISUAL ART FAIR USE
ActiveSummary
The annual accounts of VISUAL ART FAIR USE for financial year 2025 show a net loss of 89% of total assets and of 51% of the equity at the start of that year. The 2025 annual accounts show equity of €12,190 and a net result of -€12,512. Equity has been shrinking by about 21% per year since 2018. If that trend continues, it turns negative around financial year 2027. Its solvency ranks better than 90% of 205 sector peers (NACE 38, financial year 2025). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Official details
Source: KBO- Status
- Active since 17-11-2014 Normal situation
- Activity
- Waste collection, recovery and disposal activities NACE 38110and 1 other
- Establishment unit
- 2.237.924.414 1400 Nivelles, since 17-11-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 06-02-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
- Gross margin
- -€11,672
- Loss
- €12,512
- Equity
- €12,190
- ▼ 50.7%
- Total assets
- €14,007
- ▼ 54.3%
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €12,512 (financial year 2025)Last filed accounts filed 31 days late; 1 of the last 3 accounts latelowers riskLiquidity: current ratio 7.27, cash €3,548, halvedFounded in 2014Show the evidence
Checked score
About 4 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 38, micro). It does better than 91% of them on solvency, 83% on liquidity, 7% on profitability and 12% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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 7 accounts on average 26 days after the deadline. In the sector (NACE 38), the median for financial year 2024 was 8 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: Higher solvency than 90% of companies in waste collection and treatmentsector median 32.5% · 205 companies 87.0% View
Recent changes
- · Gazette deed Purpose · Amendment of the articles · Legal-form change · Resignations & appointments
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as VISUAL ART FAIR USE: waste collection, recovery and disposal activities (NACE 38110). They are comparable in size and age: total assets between €13,900 and €56,500, founded between 2008 and 2022.
| Company | Total assets | Gross margin |
|---|---|---|
| VISUAL ART FAIR USE Nivelles | €14,007 | -€11,672 |
| PuriFungi Seraing | €13,895 | -€10,408 |
| DOP KORTEMARK Maldegem | €44,008 | -€16,087 |
| Innorem Hulshout | €53,436 | €362 |
| Elithi Waregem | €14,351 | €1,734 |
| MALAGA EXPORT Antwerpen | €26,512 | -€3,343 |
| PLAK EN STAK Veurne | €56,503 | €2,609 |
Key facts about VISUAL ART FAIR USE
- What is the company number of VISUAL ART FAIR USE?
- The company number of VISUAL ART FAIR USE is 0567.865.813. The VAT number is the same number with BE in front: BE 0567.865.813.
- Where is VISUAL ART FAIR USE based?
- The registered office is at Avenue Albert-et-Elisabeth 32, 1400 Nivelles.Company details
- What does VISUAL ART FAIR USE do?
- According to the KBO register, the main activity is waste collection, recovery and disposal activities (NACE 38110).
- What is the legal form of VISUAL ART FAIR USE?
- The legal form of VISUAL ART FAIR USE is Private limited company (BV).
- When was VISUAL ART FAIR USE founded?
- VISUAL ART FAIR USE was founded on 17-11-2014.
- Is VISUAL ART FAIR USE still active?
- Yes, VISUAL ART FAIR USE is an active enterprise in the KBO register.
- What is the turnover of VISUAL ART FAIR USE?
- The annual accounts for financial year 2025 state no turnover.Financials
- Is VISUAL ART FAIR USE profitable?
- In financial year 2025, VISUAL ART FAIR USE made a loss of €12,512.
- Where can I find the annual accounts of VISUAL ART FAIR USE?
- VISUAL ART FAIR USE filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VISUAL ART FAIR USE due?
- VISUAL ART FAIR USE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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