VIZZION PARTICIPATIONS

Active

Public limited companyfounded 2008active for 18 yearsTervurenlaan 270, 1150 Sint-Pieters-Woluwe, Belgium120 active companies are registered at this addressKBO/BCE: BE 0895.799.849

From the official registers: KBO 30 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of VIZZION PARTICIPATIONS is 3.7% (moderate). The 2025 annual accounts show negative equity (-€55.8m) and a net result of -€965,094. Equity has been stable since 2018 (±1.9% per year). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.

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VIZZION PARTICIPATIONSActiveChecked score 47/100

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Official details

KBO

Status: Active since 15-02-2008 Normal situation
Legal form: Public limited company
Registered office: Tervurenlaan 270, 1150 Sint-Pieters-Woluwe
Activity: No activity registered in the KBO
Financial year end: 31 December
Peppol: Reachable since 18-12-2025

Company details

Board and ownership

Board

TOO' GEZERDirector · since 23-09-2023 · permanent representative DESCAMPS Patrice
BOSSLORD S.A.Director · since 28-09-2023 · permanent representative HAQUENNE Philippe
NECHINCATILLONDirector · permanent representative MULLIEZ Gonzague

Auditor: RSM INTERAUDIT

Shareholders

Holdings: Shares in 5 companies including VIZZION INVEST and VIZZION EUROPE

Board & ownership

Financial position

47 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 3.7%

Annual accounts 2025

Loss: €965,094; ▼ 4.6%
Equity: -€55.8m; ▼ 1.8%
Total assets: €2.4m; ▲ 2.0%

2025 accounts filed 77 days after the deadline

Filed on 16-10-2026at the National Bank

Financials

Score breakdownraises riskLiquidity: current ratio 0.09, cash €6,820Last filed accounts filed 77 days late; 2 of the last 3 accounts lateLoss of €965,094, the second in a row (financial year 2025)lowers riskSize: total assets €2.4mShow the evidence

Checked score

Score 2025

47 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially stronger than 9% of small companies without a NACE code

Every signal that counts is listed under Signals.

Financial strength · tick: 2024

Weak

Solvency 0=

equity -2316.1% of total assets

Liquidity 0-1

short-term debt 1099.9% · cash 0.3%

Profitability 0=

return on assets -40.1%

Bankruptcy probability within 12 months

3.7% Moderate

0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 2.0% 12-2024: 2.0%● unchanged vs 11-2024 01-2025: 2.1%▲ +0.1 percentage points vs 12-2024 02-2025: 2.1%● unchanged vs 01-2025 03-2025: 2.1%● unchanged vs 02-2025 04-2025: 2.0%▼ -0.1 percentage points vs 03-2025 05-2025: 2.0%● unchanged vs 04-2025 06-2025: 2.1%▲ +0.1 percentage points vs 05-2025 07-2025: 2.2%▲ +0.1 percentage points vs 06-2025 08-2025: 1.5%▼ -0.7 percentage points vs 07-2025 09-2025: 1.5%● unchanged vs 08-2025 10-2025: 1.5%● unchanged vs 09-2025 11-2025: 1.5%● unchanged vs 10-2025 12-2025: 1.5%● unchanged vs 11-2025 01-2026: 1.6%▲ +0.1 percentage points vs 12-2025 02-2026: 1.6%● unchanged vs 01-2026 03-2026: 1.6%● unchanged vs 02-2026 04-2026: 1.5%▼ -0.1 percentage points vs 03-2026lowest value 05-2026: 1.9%▲ +0.4 percentage points vs 04-2026 06-2026: 2.0%▲ +0.1 percentage points vs 05-2026 07-2026: 2.1%▲ +0.1 percentage points vs 06-2026 08-2026: 2.6%▲ +0.5 percentage points vs 07-2026 09-2026: 2.8%▲ +0.2 percentage points vs 08-2026 10-2026: 3.7%▲ +0.9 percentage points vs 09-2026highest value

No credit on open account

Liquidity is insufficient, with a current ratio of 0.09 (0.09 in 2024), below 1. Cash is 0.3% of total assets. Equity is negative.

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 (no NACE code, small). It does better than 1% of them on solvency, 4% on liquidity, 1% on profitability and 32% 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).

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Signals

Six signals.

lowers riskraises risk

Size: total assets €2.4m

Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.

NBB · annual accounts

Liquidity: current ratio 0.09, cash €6,820

NBB · annual accounts

Last filed accounts filed 77 days late; 2 of the last 3 accounts late

NBB · filings

Loss of €965,094, the second in a row (financial year 2025)

NBB · annual accounts

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year -€55.8m

2025 accounts filed 77 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-10-2026, 77 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 · 8 filings

Deviation from the deadline

2025

77 days late

2024

21 days early

2023

61 days late

2022

366 days late

2021

23 days early

2020

9 days late

2019

11 days late

← before the deadline after the deadline →

tick = median of all Belgian filings

The company filed its last 7 accounts on average 69 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)

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 1 October (4 of the last 5 filed years within 85 days of that day).

Companies Code · seven months

Where today falls in the filing period

01-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Key points

Risk: Negative equitydebts exceed assets in financial year 2025 -€55.8m View
Risk: 7 loss-making years in a rowloss in financial year 2025 -€965,094 View

Documents

Key facts about VIZZION PARTICIPATIONS

What is the company number of VIZZION PARTICIPATIONS?: The company number of VIZZION PARTICIPATIONS is 0895.799.849. The VAT number is the same number with BE in front: BE 0895.799.849.
Where is VIZZION PARTICIPATIONS based?: The registered office is at Tervurenlaan 270, 1150 Sint-Pieters-Woluwe.Company details
What is the legal form of VIZZION PARTICIPATIONS?: The legal form of VIZZION PARTICIPATIONS is Public limited company (NV).
When was VIZZION PARTICIPATIONS founded?: VIZZION PARTICIPATIONS was founded on 15-02-2008.
Is VIZZION PARTICIPATIONS still active?: Yes, VIZZION PARTICIPATIONS is an active enterprise in the KBO register.
What is the turnover of VIZZION PARTICIPATIONS?: The annual accounts for financial year 2025 state no turnover.Financials
Is VIZZION PARTICIPATIONS profitable?: In financial year 2025, VIZZION PARTICIPATIONS made a loss of €965,094.
Where can I find the annual accounts of VIZZION PARTICIPATIONS?: VIZZION PARTICIPATIONS filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of VIZZION PARTICIPATIONS due?: VIZZION PARTICIPATIONS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline