Turnover
The micro format states no turnover.
The micro format states no turnover.
2026 accounts not filed: deadline was 31-10-2026.
More equity than 86% of companies in sports and recreation. Sector median €31,165 · 2,882 companies.
The dashed line is the sector median: 0.3% across 4,268 companies (NACE 93, micro).
About 3 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 93, micro). It does better than 69% of them on solvency, 68% on liquidity, 36% on profitability and 48% on growth.
The bankruptcy probability was computed on 08-11-2026 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 31-03-2025.
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, 10,904 companies had the same profile as Visual FX has now. Each dot stands for 28 companies, two years later.
That fits the bankruptcy probability of Visual FX itself: 0.3% 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 10,904 companies, not a prediction for Visual FX. 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 ample, with a current ratio of 2.83 (2.17 in 2024), above the usual 1.5. Short-term debt is 8.7% and cash 10.4% of total assets. 46.4% 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 6 accounts on average 5 days before the deadline. In the sector (NACE 93), the median for financial year 2024 was 1 day before the deadline, and 42% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Visual FX Kortrijk | €418,462 | €36,074 | 53.6% | - |
| BEAUFORT PLAGE Knokke-Heist | €410,341 | €30,880 | 3.3% | 1 |
| YEKOBE Uccle | €389,981 | €40,406 | 18.4% | - |
| ILS-Events Vorselaar | €459,524 | €40,003 | -8.1% | - |
| K_CHRISTIANEN Hoogstraten | €377,732 | €48,214 | -5.9% | - |
| BMCF Etterbeek | €423,406 | €34,673 | 68.2% | - |
| POPACADEMIX Halle | €340,067 | €31,911 | 94.0% | - |
These companies have the same main activity as Visual FX: other amusement and recreation activities (NACE 93299). They are comparable in size and age: total assets between €340,000 and €460,000, founded between 2009 and 2012.
Visual FX files the micro format. That format states no turnover. The gross margin rose from €14,448 in 2013 to €36,074 in 2025.
The balance sheet grew most from 2022 to 2023 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 ≈ €150,000. Estimated: probably between €87,000 and €260,000.
Higher than 70% of 2,880 companies in 2025.
Higher than 79% of 2,765 companies in 2025.
Higher than 43% of 2,789 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||
20/58 |
418,462 | 459,316 | 491,128 | 243,921 | 205,515 | 218,898 | 203,961 | 123,038 | 124,007 | 142,555 | 138,050 | 72,481 | 57,615 | |
21/28 |
315,603 | 330,975 | 338,519 | 95,493 | 110,643 | 74,007 | 97,955 | 71,022 | 72,074 | 91,812 | 62,771 | 43,970 | 36,507 | |
21 |
- | - | - | - | - | - | - | - | 95 | 622 | 1,149 | 1,676 | 2,203 | |
22/27 |
315,603 | 330,975 | 338,519 | 95,493 | 110,643 | 74,007 | 97,955 | 71,022 | 71,979 | 91,190 | 61,622 | 42,294 | 34,303 | |
22 |
41,394 | 44,679 | 51,840 | 84,767 | 94,627 | 53,265 | 57,919 | 28,395 | 33,438 | 38,481 | 37,104 | 11,265 | 12,642 | |
23 |
2,949 | 4,079 | 5,209 | 3,013 | 10,710 | 19,585 | 33,617 | 32,762 | 22,811 | 29,208 | 14,529 | 19,604 | 17,841 | |
24 |
7,680 | 8,170 | 13,209 | 7,714 | 5,306 | 1,156 | 6,419 | 9,865 | 15,730 | 23,501 | 9,364 | 11,425 | 3,820 | |
26 |
263,580 | 274,046 | 268,260 | - | - | - | - | - | - | - | - | - | - | |
27 |
- | - | - | - | - | - | - | - | - | - | 625 | - | - | |
29/58 |
102,858 | 128,342 | 152,609 | 148,428 | 94,873 | 144,891 | 106,006 | 52,016 | 51,933 | 50,742 | 75,279 | 28,510 | 21,109 | |
29 |
- | 0 | 10,467 | 10,467 | 25,000 | 25,000 | 25,000 | - | - | - | - | - | - | |
290 |
- | - | - | - | - | - | 25,000 | - | - | - | - | - | - | |
291 |
- | 0 | 10,467 | 10,467 | 25,000 | 25,000 | - | - | - | - | - | - | - | |
3 |
17,651 | 5,671 | 1,451 | 1,370 | 1,250 | 6,021 | 6,145 | 6,350 | 6,231 | 1,030 | 1,030 | 1,035 | 4,431 | |
30/36 |
17,651 | 5,671 | 1,451 | 1,370 | 1,250 | 6,021 | 6,145 | 6,350 | 6,231 | 1,030 | 1,030 | 1,035 | 4,431 | |
40/41 |
41,151 | 51,976 | 36,009 | 61,963 | 53,833 | 92,468 | 56,955 | 32,186 | 19,453 | 38,055 | 12,058 | 12,689 | 8,902 | |
40 |
24,709 | 38,976 | 23,625 | 59,001 | 49,049 | 83,889 | 44,256 | 27,945 | 12,647 | 31,692 | 12,058 | 12,689 | 8,902 | |
41 |
16,443 | 13,000 | 12,384 | 2,962 | 4,784 | 8,579 | 12,699 | 4,240 | 6,806 | 6,363 | - | 0 | - | |
54/58 |
43,610 | 66,615 | 101,789 | 72,182 | 11,989 | 21,402 | 11,932 | 13,480 | 15,250 | 11,657 | 62,191 | 14,786 | 7,776 | |
490/1 |
447 | 4,079 | 2,893 | 2,446 | 2,801 | - | 5,974 | - | 11,000 | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||
10/49 |
418,462 | 459,316 | 491,128 | 243,921 | 205,515 | 218,898 | 203,961 | 123,038 | 124,007 | 142,555 | 138,050 | 72,481 | 57,615 | |
10/15 |
224,340 | 219,430 | 234,725 | 198,019 | 139,995 | 137,832 | 113,993 | 71,885 | 66,414 | 62,564 | 54,386 | 33,663 | 22,789 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
13 |
205,740 | 200,830 | 216,125 | 179,419 | 121,395 | 119,232 | 95,393 | 53,285 | 47,814 | 43,964 | 35,786 | 15,063 | 4,189 | |
130 |
- | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
133 |
205,740 | 200,830 | 216,125 | 179,419 | 121,395 | 117,372 | 93,533 | 51,425 | 45,954 | 42,104 | 33,926 | 13,203 | 2,329 | |
17/49 |
194,122 | 239,886 | 256,403 | 45,902 | 65,521 | 81,067 | 89,967 | 51,153 | 57,593 | 79,990 | 83,664 | 38,818 | 34,826 | |
17 |
157,809 | 180,672 | 205,530 | 13,214 | 22,858 | 32,313 | 44,704 | 29,683 | 42,489 | 47,266 | 40,391 | 15,198 | 9,939 | |
170/4 |
157,809 | 180,672 | 205,530 | 13,214 | 22,858 | 32,313 | 44,704 | 29,683 | 42,489 | 47,266 | 40,391 | 15,198 | 9,939 | |
42/48 |
36,313 | 59,214 | 50,873 | 32,688 | 42,663 | 48,753 | 40,916 | 21,471 | 15,104 | 32,724 | 43,273 | 23,620 | 24,887 | |
42 |
22,863 | 24,858 | 24,131 | 9,644 | 9,456 | 16,794 | 17,687 | 12,806 | 12,591 | 13,217 | 9,807 | 5,472 | 2,575 | |
43 |
- | - | 417 | 15,417 | 417 | 390 | 419 | 417 | 418 | 5,000 | 6,258 | - | - | |
430/8 |
- | - | 417 | 15,417 | 417 | 390 | 419 | 417 | 418 | 5,000 | 6,258 | - | - | |
44 |
2,234 | 23,293 | 24,113 | 5,429 | 4,749 | 19,267 | 4,809 | 6,550 | 1,390 | 11,361 | 15,656 | 5,521 | 12,323 | |
440/4 |
2,234 | 23,293 | 24,113 | 5,429 | 4,749 | 19,267 | 4,809 | 6,550 | 1,390 | 11,361 | 15,656 | 5,521 | 12,323 | |
45 |
947 | 457 | 2,212 | 2,198 | 3,314 | 12,302 | 18,001 | 1,698 | 140 | 1,884 | 8,776 | 6,820 | 2,634 | |
450/3 |
947 | 457 | 404 | 372 | 1,515 | 10,507 | 16,161 | 140 | 140 | 140 | 7,576 | 6,818 | 2,634 | |
454/9 |
- | - | 1,808 | 1,827 | 1,799 | 1,796 | 1,840 | 1,558 | - | 1,744 | 1,200 | 1 | - | |
47/48 |
10,268 | 10,606 | - | 0 | 24,728 | - | - | - | 565 | 1,262 | 2,776 | 5,807 | 7,355 | |
492/3 |
- | - | - | - | - | - | 4,347 | - | - | - | - | - | - | |
| Income statement | ||||||||||||||
76A |
- | - | - | - | - | - | - | - | - | - | - | 1,030 | - | |
9900 |
36,074 | 18,305 | 68,173 | 96,166 | 25,770 | 69,722 | 124,144 | 39,248 | 32,449 | 37,050 | 43,092 | 27,535 | 14,448 | |
62 |
- | - | - | - | - | 374 | 27,928 | 3,969 | - | - | - | - | - | |
630 |
20,044 | 24,012 | 21,753 | 21,147 | 20,224 | 28,206 | 30,666 | 25,854 | 25,627 | 24,449 | 14,268 | 10,626 | 6,158 | |
631/4 |
- | - | - | - | - | - | 595 | - | - | - | - | - | 389 | |
640/8 |
1,787 | 963 | 779 | 946 | 1,384 | 1,077 | 553 | 540 | 113 | 377 | 458 | 168 | - | |
9901 |
14,243 | -6,671 | 45,640 | 74,073 | 4,162 | 40,065 | 64,402 | 8,886 | 6,709 | 12,224 | 28,367 | 16,742 | 7,901 | |
75/76B |
26 | 2 | 263 | 2,552 | 19 | 120 | 122 | 124 | 114 | 199 | 5,266 | 10 | 0 | |
75 |
26 | 2 | 263 | 2,552 | 19 | - | 122 | 124 | 114 | 199 | 5,266 | 10 | 0 | |
76B |
- | - | - | - | - | 120 | - | - | - | - | - | - | - | |
65/66B |
8,868 | 8,626 | 5,383 | 1,308 | 1,801 | 1,745 | 1,796 | 1,132 | 1,451 | 1,250 | 1,770 | 1,137 | 1,531 | |
65 |
8,868 | 8,626 | 5,383 | 1,308 | 1,801 | 1,745 | 1,796 | 1,132 | 1,451 | 1,250 | 1,770 | 1,137 | 1,531 | |
9903 |
5,401 | -15,295 | 40,520 | 75,316 | 2,379 | 38,440 | 62,728 | 7,877 | 5,373 | 11,173 | 31,863 | 16,644 | 6,371 | |
67/77 |
491 | - | 3,815 | 17,291 | 216 | 14,602 | 20,619 | 2,407 | 1,523 | 2,995 | 11,140 | 5,771 | 2,182 | |
9904 |
4,910 | -15,295 | 36,706 | 58,025 | 2,163 | 23,838 | 42,108 | 5,471 | 3,850 | 8,179 | 20,723 | 10,873 | 4,189 | |
789 |
- | 15,295 | - | - | - | - | - | - | - | - | - | - | - | |
9905 |
4,910 | 0 | 36,706 | 58,025 | 2,163 | 23,838 | 42,108 | 5,471 | 3,850 | 8,179 | 20,723 | 10,873 | 4,189 | |
| Appropriation of the result | ||||||||||||||
9906 |
4,910 | 0 | 36,706 | 58,025 | 2,163 | 23,838 | 42,108 | 5,471 | 3,850 | 8,179 | 20,723 | 10,873 | 4,189 | |
791/2 |
0 | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
4,910 | - | 36,706 | 58,025 | 2,163 | 23,838 | 42,108 | 5,471 | 3,850 | 8,179 | 20,723 | 10,873 | 4,189 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
4,910 | - | 36,706 | 58,025 | 2,163 | 23,838 | 42,108 | 5,471 | 3,850 | 8,179 | 20,723 | 10,873 | 2,329 | |
| Social balance sheet | ||||||||||||||
9087 |
- | - | - | - | - | - | - | 0.2 | - | - | - | - | - | |
Hours worked1013 |
- | - | - | - | - | - | - | 304 | - | - | - | - | - | |
| Document | ||||||||||||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 09-11-2025.
2025 annual accounts filed 9 days after the deadline. Filed on 9 November 2025, deadline 31 October 2025 (7 months after the close on 31 March 2025, Companies Code art. 3:10). Source: NBB, 2025-00564479.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2025 | micro format | 09-11-2025 | 2025-00564479 | |
| 31-03-2024 | micro format | 29-10-2024 | 2024-00518011 | |
| 31-03-2023 | micro format | 30-10-2023 | 2023-00501439 | |
| 31-03-2022 | micro format | 29-09-2022 | 2022-20445018 | |
| 31-03-2021 | micro format | 29-10-2021 | 2021-75300216 | |
| 31-03-2020 | micro format | 29-10-2020 | 2020-64600345 | |
| 31-03-2019 | micro format | 31-10-2019 | 2019-73000008 | |
| 31-03-2018 | micro format | 28-11-2018 | 2018-72900254 | |
| 31-03-2017 | micro format | 27-11-2017 | 2017-70100587 | |
| 31-03-2016 | abbreviated format | 16-11-2016 | 2016-67800081 | |
| 31-03-2015 | abbreviated format | 12-11-2015 | 2015-66700021 | |
| 31-03-2014 | abbreviated format | 03-10-2014 | 2014-62900211 | |
| 31-03-2013 | abbreviated format | 27-11-2013 | 2013-66800176 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 34,286 | 17,342 | 67,394 | 95,219 | 24,386 | 68,271 | 95,068 | 34,739 | 32,336 | 36,673 | 42,635 | 27,367 | 14,059 | ||
| 24,954 | 8,718 | 58,459 | 79,171 | 22,387 | 52,045 | 72,775 | 31,324 | 29,476 | 32,628 | 34,991 | 21,499 | 10,347 | ||
| 4,673 | 16,469 | 264,779 | 5,997 | 57,129 | 4,258 | 57,599 | 24,802 | 5,888 | 54,115 | 33,069 | 20,060 | 42,664 | ||
| -23,006 | -35,174 | 29,607 | 60,193 | -9,414 | 9,471 | -1,548 | -1,770 | 3,593 | -50,533 | 47,404 | 7,011 | - | ||
| 66,546 | 69,128 | 101,736 | 115,740 | 52,209 | 96,138 | 65,089 | 30,545 | 36,829 | 18,018 | 32,006 | 4,890 | -3,778 | ||
| 53.6% | 47.8% | 47.8% | 81.2% | 68.1% | 63.0% | 55.9% | 58.4% | 53.6% | 43.9% | 39.4% | 46.4% | 39.6% | ||
| 2.83 | 2.17 | 3.00 | 4.54 | 2.22 | 2.97 | 2.59 | 2.42 | 3.44 | 1.55 | 1.74 | 1.21 | 0.85 | ||
| 2.35 | 2.07 | 2.97 | 4.50 | 2.19 | 2.85 | 2.44 | 2.13 | 3.03 | 1.52 | 1.72 | 1.16 | 0.67 | ||
| 0.87 | 1.09 | 1.09 | 0.23 | 0.47 | 0.59 | 0.79 | 0.71 | 0.87 | 1.28 | 1.54 | 1.15 | 1.53 | ||
| 2.2% | -7.0% | 15.6% | 29.3% | 1.5% | 17.3% | 36.9% | 7.6% | 5.8% | 13.1% | 38.1% | 32.3% | 18.4% | ||
| 1.2% | -3.3% | 7.5% | 23.8% | 1.1% | 10.9% | 20.6% | 4.4% | 3.1% | 5.7% | 15.0% | 15.0% | 7.3% | ||
| 3.87 | 2.01 | 12.52 | 72.77 | - | - | - | - | - | - | - | - | - |
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 | 31-03-2025 | 31-03-2024 | 31-03-2023 | 31-03-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €4,673 | €16,469 | €264,779 | €5,997 |
| €20,044 | €24,012 | €21,753 | €21,147 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a profit of €14,243, after a loss of €6,671 in 2024.
Debt's share of the balance-sheet total falls from 52.2% to 46.4%. Equity is higher and debt is lower.
Visual FX has no parent and no holdings in its annual accounts. Janssens Sabrina is the only director. Visual FX shares no director with another company.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Markekerkstraat 31 registered office 8510 Kortrijk | 13-08-2012 | 2.211.503.889 |
| 03-08-2020 | Granted | Bouwen of herbouwen submitted 21-02-2020 · project 2019146576 | Kortrijk |
Source: Omgevingsloket Vlaanderen.
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 34026A0139/00Z031 | 109 m² | 1 · 224 m² | 11.4 m · 2 |
If something looks wrong or is missing, please tell us.