Summary
Visytec has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €12.80M and a net result of €2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 83% of 26043 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
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Signals
Two signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €12.80M
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-07-2025, 16 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
16 d early
2023
26 d late
2022
30 d late
2021
2 d early
2020
35 d early
2019
21 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€12.80M=
2023 · €12.79M
Total assets
€17.25M=
2023 · €17.25M
Net result
€2k▼ 100.0%
2023 · €12.68M
Working capital
€-444k▲ 0.1%
2023 · €-444k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€-7k▼ 11.6%€-4k▲ 43.8%€24k€1k▼ 94.2%€3k▲ 95.5%
Net result€-7k▼ 4.5%€-4k▲ 40.0%€23k€12.68M▲ 54,407%€2k▼ 100.0%
Equity€99k▼ 6.5%€95k▼ 4.2%€118k▲ 24.5%€12.79M▲ 10,710%€12.80M=
Total assets€122k▲ 3.5%€123k▲ 1.0%€127k▲ 2.9%€17.25M▲ 13,516%€17.25M=
Debt€23k▲ 94.4%€28k▲ 23.7%€8k▼ 70.2%€2.46M▲ 29,332%€2.46M=
Working capital€-13k▼ 18.2%€-17k▼ 27.7%€6k€-444k€-444k▲ 0.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 96% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €17.25M
Fixed assets
€15.24M =
Current assets
€2.01M =
Equity and liabilities €17.25M
Equity
€12.80M =
Provisions
€2.00M =
Debt
€2.46M =
Debt's share of the balance-sheet total stays at 14.2%.
Key figures and ratios
ROE
0.0%▼
2023 · 99.1%
ROA
0.0%▼
2023 · 73.5%
Debt ≤ 1 year
€2.46M=
2023 · €2.46M
Income taxes
€243
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €2.00M | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | - | - | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €2.00M | - | - |
| Other operating charges640/8 | - | €465 | €469 | €772 | €628 | ▼ 18.6% |
| Gross operating margin9900 | €-2k | €-4k | €24k | €2.00M | €3k | ▼ 99.8% |
| Operating profit (loss)9901 | €-7k | €-4k | €24k | €1k | €3k | ▲ 95.5% |
| Financial income75/76B | - | - | - | €12.67M | - | - |
| Recurring financial income75 | €730 | - | - | €12.67M | - | - |
| Financial charges65/66B | - | €36 | €688 | €42 | €42 | = |
| Recurring financial charges65 | €317 | €36 | €688 | €42 | €42 | = |
| Profit (loss) for the period before taxes9903 | €-7k | €-4k | €23k | €12.68M | €3k | ▼ 100.0% |
| Income taxes67/77 | - | - | - | - | €243 | - |
| Profit (loss) for the period9904 | €-7k | €-4k | €23k | €12.68M | €2k | ▼ 100.0% |
| Profit (loss) for the period to be appropriated9905 | €-7k | €-4k | €23k | €12.68M | €2k | ▼ 100.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €122k | €123k | €127k | €17.25M | €17.25M | = |
| Fixed assets21/28 | €113k | €113k | €113k | €15.24M | €15.24M | = |
| Financial fixed assets28 | €113k | €113k | €113k | €15.24M | €15.24M | = |
| Current assets29/58 | €9k | €11k | €14k | €2.01M | €2.01M | = |
| Amounts receivable within one year40/41 | €311 | €10k | €12k | €2.01M | €2.01M | = |
| Trade receivables40 | - | €517 | €2k | €2k | €2k | ▼ 15.8% |
| Other amounts receivable41 | - | €9k | €10k | €2.01M | €2.01M | = |
| Cash at bank and in hand54/58 | €9k | €883 | €2k | €2k | €822 | ▼ 48.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €122k | €123k | €127k | €17.25M | €17.25M | = |
| Equity10/15 | €99k | €95k | €118k | €12.79M | €12.80M | = |
| Contributions10/11 | - | €121k | €121k | €121k | €121k | = |
| Reserves13 | €2k | €2k | €2k | €12.67M | €12.68M | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | - | - |
| Distributable reserves133 | - | - | - | €12.67M | €12.68M | = |
| Profit (loss) carried forward14 | €-24k | €-29k | €-5k | - | - | - |
| Provisions and deferred taxes16 | - | - | - | €2.00M | €2.00M | = |
| Provisions for liabilities and charges160/5 | - | - | - | €2.00M | €2.00M | = |
| Other liabilities and charges164/5 | - | - | - | €2.00M | €2.00M | = |
| Amounts payable17/49 | €23k | €28k | €8k | €2.46M | €2.46M | = |
| Amounts payable within one year42/48 | €23k | €28k | €8k | €2.46M | €2.46M | = |
| Trade debts44 | - | €908 | €2k | €923 | €387 | ▼ 58.0% |
| Suppliers440/4 | - | €908 | €2k | €923 | €387 | ▼ 58.0% |
| Advances received on contracts in progress46 | - | - | €225 | - | - | - |
| Taxes, remuneration and social security45 | - | - | €186 | €19 | €281 | ▲ 1,369% |
| Taxes450/3 | - | - | €186 | €19 | €281 | ▲ 1,369% |
| Other amounts payable47/48 | - | €27k | €6k | €2.46M | €2.46M | = |
| Accrued charges and deferred income492/3 | - | €465 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-7k | €-4k | €23k | €12.68M | €2k | ▼ 100.0% |
| + Depreciation and write-downs630 | €5k | - | - | - | - | - |
| Operating cash flow (approximation) | €-2k | €-4k | €23k | €12.68M | €2k | ▼ 100.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-15.13M | €-2k | ▲ 100.0% |
| Change in cash | - | €-8k | €899 | €-203 | €-758 | ▼ 273% |
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
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Highest result since 2018net €12.68M ▲54,407%
Net result €12.68M, the highest in the series.
31-12
Financial
Equity above €10MEq €12.79M ▲10,710%
2 profitable years in a row build equity to €12.79M.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Back to profitnet €23k
Net result €23k after 4 loss-making years.
31-12
Financial
Liquidity quadruplescurrent ratio 1.69
Current ratio from 0.38 to 1.69; short-term debt falls from €28k to €8k.
31-12
Financial
Equity above €100kEq €118k ▲24.5%
Equity rises from €95k to €118k.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
2019
03-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 34 days late
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Oostende · 1 establishment unit since 2015
Ground area
1.3 ha
Building footprint
1,612 m²
Volume, LiDAR
9,307 m³
Parcel 35026A0447/00E000, Flanders · tallest building 8.2 m, ±3 floors. Linked by address, not a title deed.
10
companies at this address
See who is registered here
1 establishment unit
Visytec BV
since 20152.247.937.485
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35026A0447/00E000 | Flanders | 1.3 ha | 1 · 1,612 m² | 8.2 m · 3 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 3,222 companies in sector 47400 we hold annual accounts for 1,806. 83 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded23-11-2015
Fiscal year end31-12
Activities, NACEBEL 2025
47400Retail sale of information and communication equipment
47741Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
61200Telecommunications resale and intermediation services
62900Other information technology and computer services
62100Computer programming
64210Activities of holding companies
77225Rental and leasing activities
Scores and ratios are computed by Checked and are not a credit decision.