VISUAL CREATIONS
VISUAL CREATIONS has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €521k and a net result of €48k. Equity is growing by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 54% of 1909 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
| Equity | €521k |
| Net result | €48k |
| Better than sector | 54% |
| Active | 26 yrs |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 55.4% | 50.2% | |
| Net result | €48k | €6k | |
| Equity | €521k | €44k | |
| Gross operating margin | €271k | €25k | |
| Staff costs | €92k | €37k |
Figures by fiscal year and ratios
| Fiscal year | 2025 Δ | 2024 Δ | 2023 Δ | 2022 Δ |
|---|---|---|---|---|
| Deposit | micro schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - |
| EBITDA | -24.4% | +41.9% | -44.4% | - |
| Net profit | -34.9% | +177.7% | -78.6% | - |
| Cash flow | -21.4% | +40.1% | -40.0% | - |
| Staff costs | -26.9% | -10.7% | +38.6% | - |
| Income taxes | -34.7% | +137.5% | -75.1% | - |
| Dividends | - | - | - | - |
| Total assets | -3.9% | -2.3% | -2.3% | - |
| Equity | -4.9% | +15.4% | +8.9% | - |
| Debt | -2.6% | -18.3% | -10.6% | - |
| of which ≤ 1y | +11.7% | -26.6% | -11.7% | - |
| of which > 1y | -11.9% | -11.7% | -10.1% | - |
| Working capital | -23.6% | +105.0% | +50.1% | - |
| Employees (FTE) | - | -10.8% | +8.8% | - |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 1.74 | 2.08 | 1.39 | 1.23 |
| Quick ratio | 1.49 | 1.48 | 1.09 | 0.85 |
| Working capital ratio | 15.0% | 18.9% | 9.0% | 5.8% |
| Solvency | 55.4% | 56.0% | 47.4% | 42.5% |
| Debt / equity | 0.80 | 0.79 | 1.11 | 1.35 |
| Long-term debt ratio | 0.44 | 0.47 | 0.62 | 0.75 |
| Interest coverage | 13.46 | 13.02 | 8.55 | 13.27 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 5.1% | 7.5% | 2.6% | 12.0% |
| ROE | 9.1% | 13.3% | 5.5% | 28.1% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €939k | €977k | €1.00M | €1.02M |
| Fixed assets | 21/28 | €608k | €623k | €679k | €702k |
| Intangible fixed assets | 21 | €66k | €76k | €86k | €89k |
| Tangible fixed assets | 22/27 | €543k | €546k | €592k | €613k |
| Current assets | 29/58 | €331k | €354k | €322k | €322k |
| Stocks & contracts in progress | 3 | €48k | €102k | €70k | €99k |
| Amounts receivable within one year | 40/41 | €95k | €37k | €73k | €74k |
| Cash & bank | 54/58 | €184k | €213k | €173k | €144k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €939k | €977k | €1.00M | €1.02M |
| Equity | 10/15 | €521k | €547k | €474k | €436k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €6k |
| Reserves | 13 | €393k | €420k | €347k | €320k |
| Accumulated profits (losses) | 14 | €109k | €109k | €109k | €109k |
| Amounts payable | 17/49 | €419k | €430k | €526k | €588k |
| Amounts payable after one year | 17 | €228k | €259k | €293k | €326k |
| Amounts payable within one year | 42/48 | €190k | €170k | €232k | €262k |
| Trade debts payable within one year | 44 | €30k | €38k | €64k | €43k |
| Income statement | |||||
| Gross operating margin | 9900 | €271k | €362k | €307k | €397k |
| Operating result | 9901 | €78k | €121k | €58k | €197k |
| Financial income | 75 | €3k | €1k | €72 | €58 |
| Financial charges | 65 | €13k | €18k | €19k | €22k |
| Result before taxes | 9903 | €68k | €104k | €39k | €175k |
| Income taxes | 67/77 | €20k | €31k | €13k | €53k |
| Net result for the period | 9904 | €48k | €73k | €26k | €123k |
| Result to be appropriated | 9905 | €48k | €73k | €26k | €123k |
| NACE primary | Specialised image, lighting and sound technical services(90393) |
| Legal form | Private limited company(610) |
| Incorporation | 30-06-2000 |
| Status | Active |
| Postal code | 9000 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44809I0623/00Y003 | Flanders | 491 m² | 1 · 182 m² | 8.3 m · 2 fl. |
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
23-11-2023 Capital decrease of €20,452.01 to €0
- €20.452,01 → €0
Technical details
{
"events": [
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}
],
"notary": {
"name": "Michel Willems",
"firm_city": null,
"firm_name": "Notaris Michel Willems, notarisvennootschap",
"office_city": "Gent",
"is_associated": true
},
"act_meta": {
"language": "nl",
"pub_date": "2023-11-23",
"filing_date": "2023-11-21",
"act_kind_objet": "ONTSLAGEN, BENOEMINGEN, STATUTEN (VERTALING, COORDINATIE, OVERIGE WIJZIGINGEN), WIJZIGING RECHTSVORM, KAPITAAL, AANDELEN"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2023-11-10",
"unanimous": true,
"under_authorized_capital": true,
"underlying_resolution_date": "2023-11-10"
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0472.250.240",
"name_full": "VISUAL CREATIONS",
"legal_form": "BV",
"is_foreign_registered": false
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"afschrift proces-verbaal van buitengewone algemene vergadering dd. 10/11/2023",
"co\u00F6rdinatie statuten"
],
"shareholders_after": [],
"share_classes_after": []
}| Legal nameNL | VISUAL CREATIONS |