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VISUALIZE IT

Active
Private limited companyfounded 2019active for 7 yearsOudenaardseweg (W.-M.) 42A, 9790 Wortegem-Petegem, BelgiumKBO/BCE: BE 0736.625.918

From the official registers: KBO 6 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

VISUALIZE IT has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27,701 and a net result of €36,635. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 25% of 4,339 sector peers (NACE 74, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Overview

Official details

KBO
Status
Active since 21-10-2019 Normal situation
Activity
Graphic design and visual communication NACE 74120and 1 other
Establishment unit
2.324.210.169 9790 Wortegem-Petegem, since 21-10-2019
Financial year end
31 December
Peppol
Reachable since 22-07-2026

Board and ownership

Board
  • Liebl MichaelDirector

Financial position

68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Annual accounts 2025
Gross margin
€62,401
▲ 75.0%
Turnover
≈ €190,000
estimated
Profit
€36,635
▲ 139%
Equity
€27,701
Total assets
€158,136
▲ 1.8%
Filed on 25-09-2026, 56 days after the deadlineat the National Bank
Score breakdownraises riskLast filed accounts filed 56 days late; 2 of the last 3 accounts lateLiquidity: current ratio 1.38, cash €6,655lowers riskSector: Other professional, scientific and technical activities (NACE 74)Size: total assets €158,136Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 56% of micro companies in other professional activities (NACE 74)
Financial strength · tick: 2024
Strong
Solvency 43+24
equity 17.5% of total assets
Liquidity 45+10
short-term debt 25.8% · cash 4.2%
Profitability 98+19
return on assets 23.2%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (5,429 companies, NACE 74, micro)
Last 24 months 11-2024: 3.1% 12-2024: 3.1%● unchanged vs 11-2024 01-2025: 3.0%▼ -0.1 percentage points vs 12-2024 02-2025: 3.1%▲ +0.1 percentage points vs 01-2025 03-2025: 3.1%● unchanged vs 02-2025 04-2025: 3.2%▲ +0.1 percentage points vs 03-2025highest value 05-2025: 2.9%▼ -0.3 percentage points vs 04-2025 06-2025: 0.7%▼ -2.2 percentage points vs 05-2025 07-2025: 0.7%● unchanged vs 06-2025 08-2025: 0.7%● unchanged vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026lowest value 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 1.0%▲ +0.3 percentage points vs 07-2026 09-2026: 1.2%▲ +0.2 percentage points vs 08-2026 10-2026: 0.9%▼ -0.3 percentage points vs 09-2026
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.38 (0.63 in 2024), below the usual 1.5. Short-term debt is 25.8% and cash 4.2% of total assets. 82.5% of the assets are financed with debt and provisions.
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 74, micro). It does better than 26% of them on solvency, 29% on liquidity, 74% on profitability and 97% on growth.

The bankruptcy probability was computed on 31-10-2026 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).

Credit check for an amount and term of your choice

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.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 56 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Sector: Other professional, scientific and technical activities (NACE 74)
KBO
raises risk · Liquidity: current ratio 1.38, cash €6,655
NBB · annual accounts
lowers risk · Size: total assets €158,136
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 56 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-09-2026, 56 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filings
Deviation from the deadline
2025
56 days late
2024
77 days early
2023
78 days late
2022
39 days early
2021
9 days late
2020
24 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 9 days after the deadline. In the sector (NACE 74), the median for financial year 2024 was 3 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 August (4 of the last 5 accounts filed within 70 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, micro format

2025 annual accounts filed 56 days after the deadline Filed on 25 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00536929.

Annual accounts 2025 filed on 25-09-2026 at the NBB all 6 filings

Turnover
≈ €190,000
Estimated: probably between €120,000 and €330,000
Total assets
€158,136▲ 1.8%
2024 · €155,395
Net result
€36,635▲ 139%
2024 · €15,298
Working capital
€15,376
2024 · -€24,454
Trend over the years

2021 to 2025, 5 financial years 2020 to 2025, 6 financial years

The operating result for 2025 is 113% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.

Operating result€49,724 2025 Net result€36,635 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Other professional, scientific and technical activities (NACE 74). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202020212022202320242025
Operating result€6,147-€13,437▲ 119%-€10,861-€20,169▼ 85.7%€23,378€49,724▲ 113%
Net result€3,854within the sector's middle half-€6,924within the sector's middle half▲ 79.6%-€12,689below the sector's middle half-€24,920below the sector's middle half▼ 96.4%€15,298within the sector's middle half€36,635above the sector's middle half▲ 139%
Equity€8,054below the sector's middle half-€14,178within the sector's middle half▲ 76.0%€689below the sector's middle half▼ 95.1%-€24,231below the sector's middle half-€8,933below the sector's middle half▲ 63.1%€27,701within the sector's middle half
Total assets€108,390within the sector's middle half-€135,562within the sector's middle half▲ 25.1%€194,048within the sector's middle half▲ 43.1%€163,326within the sector's middle half▼ 15.8%€155,395within the sector's middle half▼ 4.9%€158,136within the sector's middle half▲ 1.8%
Debt€100,336-€121,383▲ 21.0%€193,359▲ 59.3%€187,557▼ 3.0%€164,328▼ 12.4%€130,434▼ 20.6%
Working capital€74,976above the sector's middle half--€9,973below the sector's middle half-€15,605below the sector's middle half▼ 56.5%-€41,987below the sector's middle half▼ 169%-€24,454below the sector's middle half▲ 41.8%€15,376within the sector's middle half
Solvency7.4%below the sector's middle half-10.5%below the sector's middle half▲ 3.0pp0.4%below the sector's middle half▼ 10.1pp-14.8%below the sector's middle half▼ 15.2pp-5.7%below the sector's middle half▲ 9.1pp17.5%within the sector's middle half▲ 23.3pp
Current ratio4.70above the sector's middle half-0.72below the sector's middle half▼ 3.990.79below the sector's middle half▲ 0.070.48below the sector's middle half▼ 0.310.63below the sector's middle half▲ 0.151.38within the sector's middle half▲ 0.74
Return on assets (ROA)3.6%within the sector's middle half-5.1%within the sector's middle half▲ 1.6pp-6.5%below the sector's middle half▼ 11.6pp-15.3%below the sector's middle half▼ 8.7pp9.8%within the sector's middle half▲ 25.1pp23.2%within the sector's middle half▲ 13.3pp
above within below The sector band is the middle half of the companies in Other professional, scientific and technical activities (NACE 74). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €158,136
Fixed assets €101,887 ▼ 10.1%
Current assets €56,249 ▲ 33.6%
Equity and liabilities €158,136
Equity €27,701
Debt €130,434
Debt's share of the balance-sheet total is 82.5%.
Key figures and ratios
2025 value · change against 2024
EBITDA
€61,115▲
2024 · €34,961
Cash flow
€48,025▲
2024 · €26,881
Debt to equity
4.71
ROE
132.2%
Interest coverage
20.54▲
2024 · 5.71
Debt ≤ 1 year
€40,873▼
2024 · €66,572
Debt > 1 year
€86,066▼
2024 · €96,707
Income taxes
€10,136▲
2024 · €1,960
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as VISUALIZE IT: graphic design and visual communication (NACE 74120). They are comparable in size and age: total assets between €110,000 and €179,000, founded between 2018 and 2020.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFTEFinancial year
VISUALIZE IT Wortegem-Petegem2019€158,136€27,701€62,401-€36,635-2025
Olivier Veldeman Laarne2019€178,003€66,996€63,532-€20,314-2025
Studio 816 Waregem2019€178,780€114,646€77,736-€58,366-2025
Crucifix Anderlecht2020€140,312€61,829€50,045€71,288€35,115-2025
FilmFolie Gavere2020€110,324-€1,662€64,290--€33,395-2025
Growwwth Puurs-Sint-Amands2019€138,419€57,380€77,856-€55,38002025
Bureau BoschBerg Antwerpen2018€172,080€127,877€72,069-€49,53802025

They were chosen from the 1,028 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines

Source: Annual accounts 2025 at the NBB, filed on 25-09-2026.

Balance sheet Code20242025
Assets
Total assets20/58€155,395€158,136▲
Fixed assets21/28€113,278€101,887▼
Tangible fixed assets22/27€33,278€21,887▼
Furniture and vehicles24€33,278€21,887▼
Financial fixed assets28€80,000€80,000=
Current assets29/58€42,117€56,249▲
Amounts receivable within one year40/41€35,654€49,589▲
Trade receivables40€35,654€47,467▲
Other amounts receivable41€0€2,122▲
Cash at bank and in hand54/58€6,463€6,655▲
Deferred charges and accrued income490/1-€5
Equity and liabilities
Total equity and liabilities10/49€155,395€158,136▲
Equity10/15-€8,933€27,701▲
Contributions10/11€5,000€5,000=
Reserves13€8,200€22,701▲
Distributable reserves133€8,200€22,701▲
Profit (loss) carried forward14-€22,133€0▲
Amounts payable17/49€164,328€130,434▼
Amounts payable after more than one year17€96,707€86,066▼
Financial debts170/4€96,707€86,066▼
Amounts payable within one year42/48€66,572€40,873▼
Current portion of amounts payable after more than one year42€10,230€10,640▲
Trade debts44€13,395€13,371▼
Suppliers440/4€13,395€13,371▼
Taxes, remuneration and social security45€16,776€15,855▼
Taxes450/3€16,776€15,855▼
Other amounts payable47/48€26,170€1,006▼
Accrued charges and deferred income492/3€1,050€3,495▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,583€11,391▼
Other operating charges640/8€703€1,286▲
Gross operating margin9900€35,665€62,401▲
Operating profit (loss)9901€23,378€49,724▲
Financial income75/76B€0€23▲
Recurring financial income75€0€23▲
Financial charges65/66B€6,121€2,976▼
Recurring financial charges65€6,121€2,976▼
Profit (loss) for the period before taxes9903€17,257€46,771▲
Income taxes67/77€1,960€10,136▲
Profit (loss) for the period9904€15,298€36,635▲
Profit (loss) for the period to be appropriated9905€15,298€36,635▲
Appropriation of the result
Profit (loss) to be appropriated9906-€22,133€14,501▲
Profit (loss) brought forward from the previous period14P-€37,431-€22,133▲
Transfer to equity691/2-€14,501
To other reserves6921-€14,501

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,456€8,325€1,358€11,583€11,583€11,391▼ 1.7%
Other operating charges640/8-€514€6,643€832€703€1,286▲ 82.8%
Gross operating margin9900€11,571€22,276-€2,861-€7,753€35,665€62,401▲ 75.0%
Operating profit (loss)9901€6,147€13,437-€10,861-€20,169€23,378€49,724▲ 113%
Financial income75/76B---€0€0€23-
Recurring financial income75---€0€0€23-
Financial charges65/66B-€1,624€1,597€4,334€6,121€2,976▼ 51.4%
Recurring financial charges65€339€1,624€1,597€4,334€6,121€2,976▼ 51.4%
Profit (loss) for the period before taxes9903€5,808€11,813-€12,459-€24,502€17,257€46,771▲ 171%
Income taxes67/77€1,953€4,889€231€418€1,960€10,136▲ 417%
Profit (loss) for the period9904€3,854€6,924-€12,689-€24,920€15,298€36,635▲ 139%
Profit (loss) for the period to be appropriated9905€3,854€6,924-€12,689-€24,920€15,298€36,635▲ 139%
Line202020212022202320242025Change
Assets
Total assets20/58€108,390€135,562€194,048€163,326€155,395€158,136▲ 1.8%
Fixed assets21/28€13,172€110,098€136,444€124,861€113,278€101,887▼ 10.1%
Tangible fixed assets22/27€13,172€30,098€56,444€44,861€33,278€21,887▼ 34.2%
Furniture and vehicles24-€30,098€56,444€44,861€33,278€21,887▼ 34.2%
Financial fixed assets28-€80,000€80,000€80,000€80,000€80,000=
Current assets29/58€95,218€25,464€57,604€38,465€42,117€56,249▲ 33.6%
Stocks and contracts in progress3€73,243€1,439€0----
Stocks30/36-€1,439€0----
Amounts receivable within one year40/41€20,738€9,984€48,182€35,039€35,654€49,589▲ 39.1%
Trade receivables40-€9,984€48,182€34,684€35,654€47,467▲ 33.1%
Other amounts receivable41---€355€0€2,122-
Cash at bank and in hand54/58€453€10,672€8,954€3,426€6,463€6,655▲ 3.0%
Deferred charges and accrued income490/1-€3,368€468€0-€5-
Equity and liabilities
Total equity and liabilities10/49€108,390€135,562€194,048€163,326€155,395€158,136▲ 1.8%
Equity10/15€8,054€14,178€689-€24,231-€8,933€27,701-
Contributions10/11-€5,000€5,000€5,000€5,000€5,000=
Reserves13-€9,000€8,200€8,200€8,200€22,701▲ 177%
Distributable reserves133-€9,000€8,200€8,200€8,200€22,701▲ 177%
Profit (loss) carried forward14€3,054€178-€12,511-€37,431-€22,133€0-
Amounts payable17/49€100,336€121,383€193,359€187,557€164,328€130,434▼ 20.6%
Amounts payable after more than one year17€80,094€85,780€119,983€106,937€96,707€86,066▼ 11.0%
Financial debts170/4-€85,780€119,983€106,937€96,707€86,066▼ 11.0%
Amounts payable within one year42/48€20,242€35,436€73,209€80,452€66,572€40,873▼ 38.6%
Current portion of amounts payable after more than one year42-€12,485€17,029€13,045€10,230€10,640▲ 4.0%
Trade debts44€6,702€2,517€20,920€26,476€13,395€13,371▼ 0.2%
Suppliers440/4-€2,517€20,920€26,476€13,395€13,371▼ 0.2%
Taxes, remuneration and social security45-€12,033€9,841€4,162€16,776€15,855▼ 5.5%
Taxes450/3-€12,033€9,841€4,162€16,776€15,855▼ 5.5%
Other amounts payable47/48-€8,402€25,420€36,769€26,170€1,006▼ 96.2%
Accrued charges and deferred income492/3-€167€167€167€1,050€3,495▲ 233%
Line202020212022202320242025Change
Profit (loss) for the period9904€3,854€6,924-€12,689-€24,920€15,298€36,635▲ 139%
+ Depreciation and write-downs630€4,456€8,325€1,358€11,583€11,583€11,391▼ 1.7%
Operating cash flow (approximation)€8,311€15,249-€11,332-€13,337€26,881€48,025▲ 78.7%
Investment in fixed assets (approximation)--€105,251-€27,703€0€0€0-
Change in cash-€10,220-€1,718-€5,528€3,037€191▼ 93.7%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference Document
31-12-2025 micro format 25-09-2026 2026-00536929 NBB
31-12-2024 micro format 15-05-2025 2025-00094272 PDF
31-12-2023 micro format 17-10-2024 2024-00508819 PDF
31-12-2022 micro format 22-06-2023 2023-00181729 PDF
31-12-2021 micro format 09-08-2022 2022-20284174 PDF
31-12-2020 micro format 24-08-2021 2021-52900391 PDF

Board & ownership

Directors

Directors
1 director
Liebl Michael
Director · listed in the 2025 annual accounts, filed on 25-09-2026
Current

Owners and capital

Network & group

Holdings and subsidiaries

1 holding

Holdings 1

Connections & network

1 current director
Depth

The network starts from the directors of VISUALIZE IT. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
25-09
NBB filing Annual accounts filedNBB
financial year 2025 · micro format · 56 days late
2025
31-12
Financial Highest result from 2020 to 2025net €36,635 ▲139%
The operating result of €49,724 and the net result of €36,635 are both a record.
31-12
Financial Liquidity more than doubledcurrent ratio 1.38
The current ratio rises from 0.63 to 1.38. Short-term debt falls from €66,572 to €40,873.
15-05
NBB filing Annual accounts filedPDF
financial year 2024 · micro format
2024
31-12
Financial Back to profitnet €15,298
The net result is €15,298, after 2 loss-making years.
17-10
NBB filing Annual accounts filedPDF
financial year 2023 · micro format · 78 days late
2023
31-12
Financial Weakest financial yearnet -€24,920
The net result drops to -€24,920, the lowest from 2020 to 2025. It recovers the following year.
22-06
NBB filing Annual accounts filedPDF
financial year 2022 · micro format
31-05
Gazette deed Registered office
Registered-office move2 points ▸
  • Board meeting, 09-05-2023
  • Registered-office move, Oudenaardseweg 42A,9790 Wortegem-Petegem

Open the act in the Belgian Official Gazette

2022
09-08
NBB filing Annual accounts filedPDF
financial year 2021 · micro format · 9 days late
2021
24-08
NBB filing Annual accounts filedPDF
financial year 2020 · micro format · 24 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

VISUALIZE IT was incorporated on 21 October 2019 as a private limited company.1 The registered office was moved to Wortegem-Petegem in 2023.2 Total assets rose from €108,390 in 2020 to €158,136 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 31-05-2023
  3. 3National Bank, annual accounts 2020 and 2025

Company details

Register details

Identity

KBO record
Name VISUALIZE IT in Dutch
Enterprise number 0736.625.918
Legal form Private limited company
Status Active, normale toestand
Founded 21-10-2019
Entity type Legal entity

Registered office and establishments

Registered office Oudenaardseweg (W.-M.) 42A, 9790 Wortegem-Petegem, Belgium
Establishments 1 establishment unit since 2019

Activities

NACEBEL 2025
74120 Graphic design and visual communication main activity
70200 Business and other management consultancy

Invoicing and payment

VAT number BE 0736.625.918
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0736625918
Other Peppol ID 9925:BE0736625918
Registered 22-07-2026

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 1 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

Sites & property

Location
registered office establishment The establishment unit on the map
1 establishment unit
VISUALIZE IT
Oudenaardseweg (W.-M.) 42A, 9790 Wortegem-PetegemComputer programming
since 2019unit number 2.324.210.169

Buildings and parcels at the address

Ground area
2,136 m²
Building footprint
131 m²
Building volume
696 m³
Parcel 45055A0927/00D000, Flanders · tallest building 7.5 m.
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
45055A0927/00D000 Flanders 2,136 m² 1 · 131 m² 7.5 m · 2