VIZAVI
ActiveVIZAVI has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €64k and a net result of €-7k. Equity is growing by ~29.5% per year across the filed fiscal years. Its solvency ranks better than 91% of 10331 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability14▼-68
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 5.78 against 4.04 in 2024; short-term debt: 17.3% and cash: 7.3% of total assets), and 17.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
82.7%
Return on assets
-9.3%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 7 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
23 d early
2023
42 d early
2022
5 d early
2021
44 d early
2020
37 d early
2019
24 d early
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€64k▼ 10.1%
2024 · €71k
2018: €-293
2019: €3k
2020: €21k
2021: €34k
2022: €47k
2023: €61k
2024: €71k
2018 → 2025
Total assets
€77k▼ 18.2%
2024 · €95k
2018: €115k
2019: €76k
2020: €97k
2021: €119k
2022: €111k
2023: €104k
2024: €95k
2018 → 2025
Net result
€-7k
2024 · €10k
2018: €21k
2019: €4k
2020: €18k
2021: €13k
2022: €13k
2023: €13k
2024: €10k
2018 → 2025
Working capital
€64k▼ 10.1%
2024 · €71k
2018: €44k
2019: €24k
2020: €42k
2021: €55k
2022: €48k
2023: €61k
2024: €71k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€34k-€47k▲ 37.7%€61k▲ 28.2%€71k▲ 16.8%€64k▼ 10.1%
Operating result€16k-€14k▼ 7.9%€20k▲ 39.3%€17k▼ 12.1%€-6k
Net result€13k-€13k▼ 0.5%€13k▲ 3.1%€10k▼ 23.7%€-7k
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 turns negative in 2025: a loss of €6k after €17k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €77k
Equity
€64k▼ 10.1%
Debt
€13k▼ 42.8%
The debt ratio falls from 24.8% to 17.3%. Equity and debt are lower.
Key figures and ratios
Solvency
82.7%▲
2024 · 75.2%
Current ratio
5.78▲
2024 · 4.04
Quick ratio
3.42▲
2024 · 2.21
Debt / equity
0.21▼
2024 · 0.33
ROE
-11.2%▼
2024 · 14.4%
ROA
-9.3%▼
2024 · 10.8%
Debt
€13k▼
2024 · €23k
Debt ≤ 1 year
€13k▼
2024 · €23k
Income taxes
€352▼
2024 · €6k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€95k€77k▼
Current assets29/58€95k€77k▼
Stocks and contracts in progress3€43k€32k▼
Stocks30/36€43k€32k▼
Amounts receivable within one year40/41€45k€39k▼
Trade receivables40€45k€38k▼
Other amounts receivable41€860€1k▲
Cash at bank and in hand54/58€6k€6k▲
Deferred charges and accrued income490/1€719€776▲
Equity and liabilities
Total equity and liabilities10/49€95k€77k▼
Equity10/15€71k€64k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€3k€-4k▼
Amounts payable17/49€23k€13k▼
Amounts payable within one year42/48€23k€13k▼
Current portion of amounts payable after more than one year42€6k-
Trade debts44€506€475▼
Suppliers440/4€506€475▼
Taxes, remuneration and social security45€8k€10k▲
Taxes450/3€8k€8k▲
Remuneration and social security454/9-€1k
Other amounts payable47/48€10k€3k▼
Income statement
Code20242025
Non-recurring operating income76A€2k€74▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€209-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-4k€-9k▼
Other operating charges640/8€6k€759▼
Gross operating margin9900€20k€-14k▼
Operating profit (loss)9901€17k€-6k▼
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€16k€-7k▼
Income taxes67/77€6k€352▼
Profit (loss) for the period9904€10k€-7k▼
Profit (loss) for the period to be appropriated9905€10k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-4k▼
Profit (loss) brought forward from the previous period14P€-7k€3k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-7k ▼170%
Net result drops to €-7k, the lowest in the series.
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Liège · 1 establishment unit since 1992
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.
Place des Déportés 54000 LiègeGround area
423 m²
Building footprint
166 m²
Volume, LiDAR
2,383 m³
Parcel 62810B0664/00S000, Wallonia · tallest building 27.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Place des Déportés 5, 4000 Liège
since 19922.059.787.080
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62810B0664/00S000 | Wallonia | 423 m² | 1 · 166 m² | 27.3 m · 5 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.
Similar companies · same sector, comparable size
TIL
BE 0849.134.436
Sint-Niklaas · Eq €64k
MERCURE I.N.V.
BE 0452.563.594
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MOUTON
BE 0879.155.243
Grez-Doiceau · Eq €64k
MAXXI MEUBELEN
BE 0654.950.433
Lokeren · Eq €64k
BURODEPO
BE 1006.449.432
Braine-le-Château · Eq €64k
Of 2,610 companies in sector 47551 we hold annual accounts for 1,718. 1,256 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded07-11-1991
Fiscal year end31-12
Activities, NACEBEL
47551Retail sale of household furniture
47591Retail trade
52441
47791Retail sale of antiques
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.