WORLD VISION BD
ActiveWORLD VISION BD has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €46k and a net result of €16k. Equity is growing by ~28.6% per year across the filed fiscal years. Its solvency ranks better than 70% of 6592 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
88
/ 100
Excellent▲ +7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability70=
Solvency96▲+10
Growth85=
Stability100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 2.1 against 1.82 in 2023), and 47.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
52.3%
Return on assets
18.8%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-08-2025, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
21 d late
2023
173 d late
2022
539 d late
2021
456 d late
2020
32 d early
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€529k▲ 17.2%
2023 · €451k
2018: €77k
2019: €147k
2020: €274k
2021: €312k
2022: €358k
2023: €451k
2018 → 2024
EBIT margin
4.3%▼ 0.4pp
2023 · 4.7%
2018: -2.1%
2019: 6.5%
2020: 3.8%
2021: 1.3%
2022: -0.2%
2023: 4.7%
2018 → 2024
Net result
€16k▲ 27.2%
2023 · €13k
2018: €-2k
2019: €7k
2020: €7k
2021: €2k
2022: €-3k
2023: €13k
2018 → 2024
Working capital
€46k▲ 56.1%
2023 · €29k
2018: €4k
2019: €11k
2020: €17k
2021: €19k
2022: €16k
2023: €29k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€274k-€312k▲ 13.9%€358k▲ 14.7%€451k▲ 26.1%€529k▲ 17.2%
Equity€17k-€19k▲ 10.8%€16k▼ 15.6%€29k▲ 79.0%€46k▲ 56.1%
Operating result€10k-€4k▼ 61.1%€-566€21k€23k▲ 7.7%
Net result€7k-€2k▼ 71.5%€-3k€13k€16k▲ 27.2%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 8% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €87k
Equity
€46k▲ 56.1%
Debt
€42k▲ 16.8%
The debt ratio falls from 54.9% to 47.7%: equity grows faster than debt.
Key figures and ratios
Solvency
52.3%▲
2023 · 45.1%
Current ratio
2.10▲
2023 · 1.82
Quick ratio
0.72▲
2023 · 0.70
Debt / equity
0.91▼
2023 · 1.22
ROE
36.0%▼
2023 · 44.1%
ROA
18.8%▼
2023 · 19.9%
Debt
€42k▲
2023 · €36k
Debt ≤ 1 year
€42k▲
2023 · €36k
Income taxes
€6k▲
2023 · €5k
Staff costs
€49k▲
2023 · €39k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€65k€87k▲
Current assets29/58€65k€87k▲
Stocks and contracts in progress3€40k€57k▲
Stocks30/36€40k€57k▲
Amounts receivable within one year40/41€22k€28k▲
Trade receivables40€10k€10k▲
Other amounts receivable41€12k€18k▲
Cash at bank and in hand54/58€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€65k€87k▲
Equity10/15€29k€46k▲
Contributions10/11€6k€6k=
Reserves13€21k€36k▲
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Distributable reserves133€20k€35k▲
Profit (loss) carried forward14€2k€3k▲
Amounts payable17/49€36k€42k▲
Amounts payable within one year42/48€36k€42k▲
Financial debts43€126-
Credit institutions430/8€126-
Trade debts44€13k€19k▲
Suppliers440/4€13k€19k▲
Taxes, remuneration and social security45€11k€19k▲
Taxes450/3€11k€19k▲
Other amounts payable47/48€12k€4k▼
Income statement
Code20232024
Turnover70€451k€529k▲
Goods, raw materials, services and sundry goods60/61€388k€452k▲
Remuneration, social security and pensions62€39k€49k▲
Other operating charges640/8€3k€4k▲
Non-recurring operating charges66A€98€803▲
Gross operating margin9900€63k€76k▲
Operating profit (loss)9901€21k€23k▲
Financial income75/76B€6€0▼
Recurring financial income75€6€0▼
Financial charges65/66B€3k€223▼
Recurring financial charges65€3k€223▼
Profit (loss) for the period before taxes9903€18k€23k▲
Income taxes67/77€5k€6k▲
Profit (loss) for the period9904€13k€16k▲
Profit (loss) for the period to be appropriated9905€13k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€18k▲
Profit (loss) brought forward from the previous period14P€-3k€2k▲
Transfer to equity691/2€9k€15k▲
To the legal reserve6920€514-
To other reserves6921€8k€15k▲
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 21 days late
20-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 173 days late
20-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 539 days late
2024
31-12
Financial
Highest result since 2018net €16k ▲27.2%
Operating result €23k, net result €16k, both a record.
2023
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
30-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 456 days late
2022
31-12
Financial
Weakest financial yearnet €-3k ▼260%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
04-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 370 days late
2019
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Gent · 2 establishment units since 2017
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.
Kortrijksepoortstraat 1819000 GentGround area
374 m²
Building footprint
342 m²
Volume, LiDAR
4,172 m³
2 parcels, Flanders · tallest building 18.3 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
WORLD VISION BD
since 20172.289.297.097
World Vision BD
since 20202.297.106.389
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44805E1925/00K000 | Flanders | 259 m² | 1 · 227 m² | 18.3 m · 6 fl. |
| 44816K0922/00E000 | Flanders | 115 m² | 1 · 115 m² | 13.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesGent2.289.297.097
Gent2.297.106.389
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Of 10,412 companies in sector 47110 we hold annual accounts for 5,785. 4,560 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-10-2017
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47115Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:000000000