Visual Kitchen
ActiveSummary
The annual accounts of Visual Kitchen for fiscal year 2025 show a net loss of 229% of total assets and of 71% of the equity at the start of that year. The 2025 annual accounts show equity of €4k and a net result of €-10k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 93% of 1530 sector peers (fiscal year 2025). The company has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
59
/ 100
Fair
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-62
Solvency100=
Growth36▼-32
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
balance sheet total too small for a liquidity verdict.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Motion picture, video and television programme production, sound recording and music publishing activities (NACE 59)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Age of the figures
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
24 d early
2024
29 d early
2023
29 d early
2022
34 d early
2021
41 d early
2020
136 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€9k▼ 45.6%
2024 · €16k
2021: €8klowest in 5 years
2022: €13k▲ +67.3% vs 2021
2023: €23k▲ +72.2% vs 2022highest in 5 years
2024: €16k▼ -28.7% vs 2023
2025: €9k▼ -45.6% vs 2024
2021 → 2025
EBIT margin
-106.1%▼ 108.3pp
2024 · 2.2%
2021: -0.6%
2022: -0.7%▼ -3.8% vs 2021
2023: 11.6%▲ +1835% vs 2022highest in 5 years
2024: 2.2%▼ -81.4% vs 2023
2025: -106.1%▼ -5003% vs 2024lowest in 5 years
2021 → 2025
Net result
€-10k
2024 · €255
2020: €9khighest in 6 years
2021: €-146▼ -102% vs 2020
2022: €-182▼ -24.7% vs 2021
2023: €3k▲ +1514% vs 2022
2024: €255▼ -90.1% vs 2023
2025: €-10k▼ -3850% vs 2024lowest in 6 years
2020 → 2025
Working capital
€3k▼ 76.6%
2024 · €13k
2021: €11k
2022: €9k▼ -12.9% vs 2021
2023: €13k▲ +33.9% vs 2022
2024: €13k▲ +6.8% vs 2023highest in 5 years
2025: €3k▼ -76.6% vs 2024lowest in 5 years
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€8k-€13k▲ 67.3%€23k▲ 72.2%€16k▼ 28.7%€9k▼ 45.6%
2021: €8klowest in 5 years
2022: €13k▲ +67.3% vs 2021
2023: €23k▲ +72.2% vs 2022highest in 5 years
2024: €16k▼ -28.7% vs 2023
2025: €9k▼ -45.6% vs 2024
Equity€11k-€11k▼ 1.7%€13k▲ 24.4%€13k▲ 1.9%€4k▼ 71.4%
2021: €11k
2022: €11k▼ -1.7% vs 2021
2023: €13k▲ +24.4% vs 2022
2024: €13k▲ +1.9% vs 2023highest in 5 years
2025: €4k▼ -71.4% vs 2024lowest in 5 years
Operating result€-52-€-89▼ 73.6%€3k€355▼ 86.7%€-9k
2021: €-52
2022: €-89▼ -73.6% vs 2021
2023: €3k▲ +3088% vs 2022highest in 5 years
2024: €355▼ -86.7% vs 2023
2025: €-9k▼ -2769% vs 2024lowest in 5 years
Net result€-146-€-182▼ 24.7%€3k€255▼ 90.1%€-10k
2021: €-146
2022: €-182▼ -24.7% vs 2021
2023: €3k▲ +1514% vs 2022highest in 5 years
2024: €255▼ -90.1% vs 2023
2025: €-10k▼ -3850% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €9k after €355 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4k
Fixed assets
€700
Current assets
€3k
Equity and liabilities €4k
Equity
€4k ▼ 71.4%
Debt
€336 ▼ 37.6%
Debt's share of the balance-sheet total rises from 3.9% to 8.1%. Equity and debt are lower.
Key figures and ratios
Debt ≤ 1 year
€336▼
2024 · €538
Ratios withheld: a balance sheet total of €4k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 31 lines
Balance sheet
Code20242025
Assets
Total assets20/58€14k€4k▼
Fixed assets21/28-€700
Financial fixed assets28-€700
Current assets29/58€14k€3k▼
Amounts receivable within one year40/41€2k€685▼
Trade receivables40€2k€685▼
Other amounts receivable41€365-
Cash at bank and in hand54/58€12k€2k▼
Deferred charges and accrued income490/1-€828
Equity and liabilities
Total equity and liabilities10/49€14k€4k▼
Equity10/15€13k€4k▼
Profit (loss) carried forward14€13k€4k▼
Amounts payable17/49€538€336▼
Amounts payable within one year42/48€538€336▼
Trade debts44€483€23▼
Suppliers440/4€483€23▼
Taxes, remuneration and social security45€55€37▼
Taxes450/3€55€37▼
Income statement
Code20242025
Turnover70€16k€9k▼
Goods, raw materials, services and sundry goods60/61€26k€19k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€600-
Other operating charges640/8€184-
Gross operating margin9900€1k€-9k▼
Operating profit (loss)9901€355€-9k▼
Financial charges65/66B€100€101▲
Recurring financial charges65€100€101▲
Profit (loss) for the period before taxes9903€255€-10k▼
Profit (loss) for the period9904€255€-10k▼
Profit (loss) for the period to be appropriated9905€255€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€13k€4k▼
Profit (loss) brought forward from the previous period14P€13k€13k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €8k | €13k | €23k | €16k | €9k | ▼ 45.6% |
| Goods, raw materials, services and sundry goods60/61 | €19k | €17k | €21k | €26k | €19k | ▼ 25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €600 | €600 | €600 | - | - |
| Other operating charges640/8 | - | €62 | - | €184 | - | - |
| Gross operating margin9900 | €-52 | €573 | €3k | €1k | €-9k | ▼ 931% |
| Operating profit (loss)9901 | €-52 | €-89 | €3k | €355 | €-9k | ▼ 2,769% |
| Financial income75/76B | - | - | €0 | - | - | - |
| Recurring financial income75 | - | - | €0 | - | - | - |
| Financial charges65/66B | €95 | €93 | €99 | €100 | €101 | ▲ 1.5% |
| Recurring financial charges65 | €95 | €93 | €99 | €100 | €101 | ▲ 1.5% |
| Profit (loss) for the period before taxes9903 | €-146 | €-182 | €3k | €255 | €-10k | ▼ 3,850% |
| Profit (loss) for the period9904 | €-146 | €-182 | €3k | €255 | €-10k | ▼ 3,850% |
| Profit (loss) for the period to be appropriated9905 | €-146 | €-182 | €3k | €255 | €-10k | ▼ 3,850% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €11k | €11k | €14k | €14k | €4k | ▼ 70.1% |
| Fixed assets21/28 | - | €1k | €600 | - | €700 | - |
| Tangible fixed assets22/27 | - | €1k | €600 | - | - | - |
| Plant, machinery and equipment23 | - | €1k | €600 | - | - | - |
| Financial fixed assets28 | - | - | - | - | €700 | - |
| Current assets29/58 | €11k | €10k | €13k | €14k | €3k | ▼ 75.1% |
| Amounts receivable within one year40/41 | - | €436 | €7k | €2k | €685 | ▼ 63.9% |
| Trade receivables40 | - | €436 | €7k | €2k | €685 | ▼ 55.2% |
| Other amounts receivable41 | - | - | - | €365 | - | - |
| Cash at bank and in hand54/58 | €11k | €10k | €7k | €12k | €2k | ▼ 83.8% |
| Deferred charges and accrued income490/1 | - | - | - | - | €828 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €11k | €11k | €14k | €14k | €4k | ▼ 70.1% |
| Equity10/15 | €11k | €11k | €13k | €13k | €4k | ▼ 71.4% |
| Profit (loss) carried forward14 | €11k | €11k | €13k | €13k | €4k | ▼ 71.4% |
| Amounts payable17/49 | €321 | €732 | €628 | €538 | €336 | ▼ 37.6% |
| Amounts payable within one year42/48 | €321 | €732 | €628 | €538 | €336 | ▼ 37.6% |
| Trade debts44 | €171 | €1 | €47 | €483 | €23 | ▼ 95.2% |
| Suppliers440/4 | €171 | €1 | €47 | €483 | €23 | ▼ 95.2% |
| Taxes, remuneration and social security45 | - | €36 | €42 | €55 | €37 | ▼ 32.7% |
| Taxes450/3 | - | €36 | €42 | €55 | €37 | ▼ 32.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-146 | €-182 | €3k | €255 | €-10k | ▼ 3,850% |
| + Depreciation and write-downs630 | - | €600 | €600 | €600 | - | - |
| Operating cash flow (approximation) | €-146 | €418 | €3k | €855 | €-10k | ▼ 1,219% |
| Investment in fixed assets (approximation) | - | - | €0 | - | - | - |
| Change in cash | - | €-1k | €-3k | €6k | €-10k | ▼ 283% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series.
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
14-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 136 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Jans-Molenbeek · 1 establishment unit since 2016
Ground area
2,325 m²
Building footprint
1,232 m²
Volume, LiDAR
19,403 m³
Parcel 21522B0389/00F000, Brussels · tallest building 19.6 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Visual Kitchen vzw
since 20162.332.283.737
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21522B0389/00F000 | Brussels | 2,325 m² | 1 · 1,232 m² | 19.6 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,574 companies in sector 59113 we hold annual accounts for 704. 246 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formNon-profit association
Founded08-01-1998
Fiscal year end31-12
Activities, NACEBEL 2025
59113Video and film production, excluding cinema and television films
Contact
E-mail
sam@visualkitchen.org
Phone
+32495325421
Scores and ratios are computed by Checked and are not a credit decision.