VISUAL SAFETY
ActiveVISUAL SAFETY has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €506k and a net result of €56k. Equity is growing by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 67% of 37971 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
68
/ 100
Healthy▼ -32 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability55▼-28
Solvency74▼-26
Growth78=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity short (current ratio 0.84 against 2.79 in 2023), and 27.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
72.7%
Return on assets
8.1%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
212 d late
2022
17 d early
2021
145 d late
2020
53 d early
2019
22 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€506k▲ 12.5%
2023 · €450k
2018: €265k
2019: €307k
2020: €351k
2021: €351k
2022: €375k
2023: €450k
2018 → 2024
Total assets
€696k▲ 25.9%
2023 · €553k
2018: €292k
2019: €335k
2020: €377k
2021: €367k
2022: €413k
2023: €553k
2018 → 2024
Net result
€56k▼ 24.7%
2023 · €74k
2018: €25k
2019: €42k
2020: €44k
2021: €-313
2022: €24k
2023: €74k
2018 → 2024
Working capital
€-31k
2023 · €185k
2018: €184k
2019: €154k
2020: €123k
2021: €168k
2022: €223k
2023: €185k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€351k-€351k▼ 0.1%€375k▲ 7.0%€450k▲ 19.8%€506k▲ 12.5%
Operating result€51k-€-5k€32k€109k▲ 238%€78k▼ 28.5%
Net result€44k-€-313€24k€74k▲ 205%€56k▼ 24.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 28% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €696k
Fixed assets
€536k▲ 102%
Current assets
€159k▼ 44.5%
Equity and liabilities €696k
Equity
€506k▲ 12.5%
Debt
€190k▲ 84.5%
The debt ratio rises from 18.6% to 27.3%: debt grows faster than equity.
Key figures and ratios
EBITDA
€80k▼
2023 · €111k
Cash flow
€58k▼
2023 · €76k
Solvency
72.7%▼
2023 · 81.4%
Current ratio
0.84▼
2023 · 2.79
Quick ratio
0.84▼
2023 · 2.79
Debt / equity
0.38▲
2023 · 0.23
ROE
11.1%▼
2023 · 16.6%
ROA
8.1%▼
2023 · 13.5%
Interest coverage
46.58▲
2023 · 8.76
Debt
€190k▲
2023 · €103k
Debt ≤ 1 year
€190k▲
2023 · €103k
Income taxes
€23k▼
2023 · €24k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€553k€696k▲
Fixed assets21/28€265k€536k▲
Tangible fixed assets22/27€5k€6k▲
Furniture and vehicles24€5k€6k▲
Financial fixed assets28€261k€530k▲
Current assets29/58€287k€159k▼
Amounts receivable within one year40/41€278k€141k▼
Trade receivables40€197k€52k▼
Other amounts receivable41€81k€90k▲
Current investments50/53€3k€3k=
Cash at bank and in hand54/58€6k€379▼
Deferred charges and accrued income490/1€203€15k▲
Equity and liabilities
Total equity and liabilities10/49€553k€696k▲
Equity10/15€450k€506k▲
Contributions10/11€6k€6k=
Reserves13€444k€500k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€442k€498k▲
Amounts payable17/49€103k€190k▲
Amounts payable within one year42/48€103k€190k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€11k€55k▲
Suppliers440/4€11k€55k▲
Taxes, remuneration and social security45€92k€135k▲
Taxes450/3€89k€135k▲
Remuneration and social security454/9€3k€0▼
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€2k€168▼
Gross operating margin9900€113k€81k▼
Operating profit (loss)9901€109k€78k▼
Financial income75/76B€3k€3k▲
Recurring financial income75€3k€3k▲
Financial charges65/66B€13k€2k▼
Recurring financial charges65€13k€2k▼
Profit (loss) for the period before taxes9903€99k€79k▼
Income taxes67/77€24k€23k▼
Profit (loss) for the period9904€74k€56k▼
Profit (loss) for the period to be appropriated9905€74k€56k▼
Appropriation of the result
Profit (loss) to be appropriated9906€74k€56k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€74k€56k▼
To other reserves6921€74k€56k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
28-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 212 days late
2024
31-12
Financial
Equity above €500kEq €506k ▲12.5%
3 profitable years in a row build equity to €506k.
2023
31-12
Financial
Highest result since 2018net €74k ▲205%
Operating result €109k, net result €74k, both a record.
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
23-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 145 days late
2021
31-12
Financial
Weakest financial yearnet €-313 ▼101%
Net result drops to €-313, the lowest in the series; recovery starts the following year.
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
06-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
15-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
18-03
State Gazette act
Board meeting · Director resignation
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Berkenlaan 219150 Beveren-Kruibeke-ZwijndrechtGround area
318 m²
Building footprint
95 m²
Volume, LiDAR
678 m³
Parcel 46013C0323/00S002, Flanders · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
QUIRAN
since 20082.174.983.092
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46013C0323/00S002 | Flanders | 318 m² | 1 · 95 m² | 11.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 75 companies in sector 43500 we hold annual accounts for 16. 7 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-12-2008
Fiscal year end31-12
Activities, NACEBEL
43500Specialised construction activities
70200Business and other management consultancy
70220Business consulting
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.