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 €12.8m and a net result of €2,428. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 83% of 26040 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.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
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 €12.8m
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 →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 4 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What changed in the latest annual accounts?What changed What held for this company on a given day: board, seat, name?Company as of a date
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€12.8m=
2023 · €12.8m
Total assets
€17.3m=
2023 · €17.3m
Net result
€2,428▼ 100.0%
2023 · €12.7m
Working capital
-€443,567▲ 0.1%
2023 · -€443,890
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-€7,354▼ 11.6%-€4,130▲ 43.8%€23,943€1,387▼ 94.2%€2,713▲ 95.5%
Net result-€6,940▼ 4.5%-€4,166▲ 40.0%€23,255€12.7m▲ 54,407%€2,428▼ 100.0%
Equity€99,265▼ 6.5%€95,099▼ 4.2%€118,354▲ 24.5%€12.8m▲ 10,710%€12.8m=
Total assets€121,965▲ 3.5%€123,172▲ 1.0%€126,706▲ 2.9%€17.3m▲ 13,516%€17.3m=
Debt€22,700▲ 94.4%€28,073▲ 23.7%€8,353▼ 70.2%€2.5m▲ 29,332%€2.5m=
Working capital-€13,349▼ 18.2%-€17,050▼ 27.7%€5,740-€443,890-€443,567▲ 0.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2024 Net result -100% on 2023. Cause not known from the registers.
- 2023 Net result +54,407%, Equity +10,710%, Total assets +13,516% on 2022. Cause not known from the registers.
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 €17.3m
Fixed assets
€15.2m =
Current assets
€2.0m =
Equity and liabilities €17.3m
Equity
€12.8m =
Provisions
€2.0m =
Debt
€2.5m =
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
€2.5m=
2023 · €2.5m
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 | - | - | - | €2.0m | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,888 | - | - | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €2.0m | - | - |
| Other operating charges640/8 | - | €465 | €469 | €772 | €628 | ▼ 18.6% |
| Gross operating margin9900 | -€1,865 | -€3,665 | €24,412 | €2.0m | €3,341 | ▼ 99.8% |
| Operating profit (loss)9901 | -€7,354 | -€4,130 | €23,943 | €1,387 | €2,713 | ▲ 95.5% |
| Financial income75/76B | - | - | - | €12.7m | - | - |
| Recurring financial income75 | €730 | - | - | €12.7m | - | - |
| Financial charges65/66B | - | €36 | €688 | €42 | €42 | = |
| Recurring financial charges65 | €317 | €36 | €688 | €42 | €42 | = |
| Profit (loss) for the period before taxes9903 | -€6,940 | -€4,166 | €23,255 | €12.7m | €2,671 | ▼ 100.0% |
| Income taxes67/77 | - | - | - | - | €243 | - |
| Profit (loss) for the period9904 | -€6,940 | -€4,166 | €23,255 | €12.7m | €2,428 | ▼ 100.0% |
| Profit (loss) for the period to be appropriated9905 | -€6,940 | -€4,166 | €23,255 | €12.7m | €2,428 | ▼ 100.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €121,965 | €123,172 | €126,706 | €17.3m | €17.3m | = |
| Fixed assets21/28 | €112,614 | €112,614 | €112,614 | €15.2m | €15.2m | = |
| Financial fixed assets28 | €112,614 | €112,614 | €112,614 | €15.2m | €15.2m | = |
| Current assets29/58 | €9,351 | €10,558 | €14,092 | €2.0m | €2.0m | = |
| Amounts receivable within one year40/41 | €311 | €9,674 | €12,310 | €2.0m | €2.0m | = |
| Trade receivables40 | - | €517 | €1,941 | €1,974 | €1,662 | ▼ 15.8% |
| Other amounts receivable41 | - | €9,158 | €10,369 | €2.0m | €2.0m | = |
| Cash at bank and in hand54/58 | €9,040 | €883 | €1,783 | €1,579 | €822 | ▼ 48.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €121,965 | €123,172 | €126,706 | €17.3m | €17.3m | = |
| Equity10/15 | €99,265 | €95,099 | €118,354 | €12.8m | €12.8m | = |
| Contributions10/11 | - | €121,300 | €121,300 | €121,300 | €121,300 | = |
| Reserves13 | €2,340 | €2,340 | €2,340 | €12.7m | €12.7m | = |
| Non-distributable reserves130/1 | - | €2,340 | €2,340 | €2,340 | - | - |
| Reserves not available under the articles1311 | - | €2,340 | €2,340 | €2,340 | - | - |
| Distributable reserves133 | - | - | - | €12.7m | €12.7m | = |
| Profit (loss) carried forward14 | -€24,375 | -€28,542 | -€5,286 | - | - | - |
| Provisions and deferred taxes16 | - | - | - | €2.0m | €2.0m | = |
| Provisions for liabilities and charges160/5 | - | - | - | €2.0m | €2.0m | = |
| Other liabilities and charges164/5 | - | - | - | €2.0m | €2.0m | = |
| Amounts payable17/49 | €22,700 | €28,073 | €8,353 | €2.5m | €2.5m | = |
| Amounts payable within one year42/48 | €22,700 | €27,608 | €8,353 | €2.5m | €2.5m | = |
| Trade debts44 | - | €908 | €1,809 | €923 | €387 | ▼ 58.0% |
| Suppliers440/4 | - | €908 | €1,809 | €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 | - | €26,700 | €6,133 | €2.5m | €2.5m | = |
| Accrued charges and deferred income492/3 | - | €465 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,940 | -€4,166 | €23,255 | €12.7m | €2,428 | ▼ 100.0% |
| + Depreciation and write-downs630 | €4,888 | - | - | - | - | - |
| Operating cash flow (approximation) | -€2,052 | -€4,166 | €23,255 | €12.7m | €2,428 | ▼ 100.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€15.1m | -€2,105 | ▲ 100.0% |
| Change in cash | - | -€8,157 | €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 €12.7m ▲54,407%
Net result €12.7m, the highest in the series.
31-12
Financial
Equity above €10mEq €12.8m ▲10,710%
2 profitable years in a row build equity to €12.8m.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Back to profitnet €23,255
Net result €23,255 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 €27,608 to €8,353.
31-12
Financial
Equity above €100,000Eq €118,354 ▲24.5%
Equity rises from €95,099 to €118,354.
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 -€6,940
Net result drops to -€6,940, 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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.
Structure & network
Owners and holdings
2 holdingsOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 2
-
50%
- Intelligent MobilityNLSourceown accounts 20245%
According to the 2024 annual accounts of Visytec and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
APPLE RETAIL BELGIUM
BE 0836.157.420
Sint-Joost-ten-Node · Eq €13.4m
AUDIOMIX
BE 0453.445.504
Begijnendijk · Eq €11.7m
ORACLE BELGIUM
BE 0440.966.354
Vilvoorde · Eq €14.4m
EUROSOFT FINANCES
BE 0436.035.190
Etterbeek · Eq €16.0m
ZORGI
BE 0419.920.423
Brussel · Eq €18.0m
Of 3,223 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
E-invoicing
Reachable via Peppol
Peppol ID
0208:0643526902
Also
9925:BE0643526902
Registered
20-02-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.