VISHA is a property company in Watermaal-Bosvoorde. Private Limited, started on 1 January 1968, 1 establishment.

What is the address of VISHA?

The registered office of VISHA is located at Terhulpsesteenweg 177 box 9, 1170 Watermaal-Bosvoorde.

Is VISHA still active?

Yes. According to the CBE (29 October 2026) VISHA is active, legal situation “Normale toestand”, started on 1 January 1968.

Is VISHA registered on Peppol?

Yes, VISHA is registered on the Peppol network with ID 0208:0405802765.

What is the enterprise number of VISHA?

The enterprise number of VISHA is BE0405802765.

When was VISHA founded?

VISHA was founded on 1 January 1968.

Who are the directors of VISHA?

According to the 2025 annual accounts, the directors of VISHA are: BARON INVESTMENTS SA.

Is VISHA a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 January 1968; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did VISHA make in 2025?

VISHA recorded a loss after taxes of € 6,558 in financial year 2025.

What is the revenue of VISHA?

As a small company, VISHA is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 164,650.

VISHA (Private Limited) - Watermaal-Bosvoorde

Dossier VISHA, printed on 29 October 2026 from databakkes.be/en/0405802765/visha. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 9 % of short-term debt in 2025; threshold 65 %.
Busy address KBO

24 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

VISHA from Watermaal-Bosvoorde, company number BE0405802765, closed financial year 2025 with a result of € -6,558 after tax. For that financial year VISHA recorded a gross margin of € 164,650 and equity of € 3 million. Compared with financial year 2024, the result moved from € -24,232 to € -6,558. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.

What it is worth Healthy

€ 3 million

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -6,558

▲ 73 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1,281

▼ 6% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -507,508.

Debts at end 2025

Bank debt ≈ 27 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 3 million

▼ 4% vs 2024

€ 111,480 is repaid this year. At this pace the long-term loan is gone in ≈ 27 years.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 124,780 Gross margin 2022: € 124,780 First fiscal year in the series	€ 147,371 Gross margin 2023: € 147,371 ▲ 18% vs 2022 (€ 124,780) Favourable step	€ 151,976 Gross margin 2024: € 151,976 ▲ 3% vs 2023 (€ 147,371) Favourable step	€ 164,650 Gross margin 2025: € 164,650 ▲ 8% vs 2024 (€ 151,976) Favourable step	▲ 8%
Profit after taxes	€ -36,318 Profit after taxes 2022: € -36,318 First fiscal year in the series	€ -7,087 Profit after taxes 2023: € -7,087 ▲ € 29,231 vs 2022 (€ -36,318) Favourable step	€ -24,232 Profit after taxes 2024: € -24,232 ▼ € 17,145 vs 2023 (€ -7,087) Unfavourable step	€ -6,558 Profit after taxes 2025: € -6,558 ▲ € 17,674 vs 2024 (€ -24,232) Favourable step	▲ € 17,674
Equity	€ 3,048,961 Equity 2022: € 3,048,961 First fiscal year in the series	€ 3,041,874 Equity 2023: € 3,041,874 Unchanged (€ 3,048,961) Unfavourable step	€ 3,017,642 Equity 2024: € 3,017,642 ▼ 1% vs 2023 (€ 3,041,874) Unfavourable step	€ 3,011,084 Equity 2025: € 3,011,084 Unchanged (€ 3,017,642) Unfavourable step
Total debts	€ 3,887,858 Total debts 2022: € 3,887,858 First fiscal year in the series	€ 3,892,401 Total debts 2023: € 3,892,401 Unchanged (€ 3,887,858) Unfavourable step	€ 3,810,771 Total debts 2024: € 3,810,771 ▼ 2% vs 2023 (€ 3,892,401) Favourable step	€ 3,728,439 Total debts 2025: € 3,728,439 ▼ 2% vs 2024 (€ 3,810,771) Favourable step	▼ 2%
Cash	€ 16,689 Cash 2022: € 16,689 First fiscal year in the series	€ 179 Cash 2023: € 179 ▼ 99% vs 2022 (€ 16,689) Unfavourable step	€ 1,367 Cash 2024: € 1,367 ▲ € 1,188 vs 2023 (€ 179) Favourable step	€ 1,281 Cash 2025: € 1,281 ▼ 6% vs 2024 (€ 1,367) Unfavourable step	▼ 6%
Land & buildings	€ 4,571,249 Land & buildings 2022: € 4,571,249 First fiscal year in the series	€ 4,596,555 Land & buildings 2023: € 4,596,555 ▲ 1% vs 2022 (€ 4,571,249) Unchanged	€ 4,507,034 Land & buildings 2024: € 4,507,034 ▼ 2% vs 2023 (€ 4,596,555) Unchanged	€ 4,417,512 Land & buildings 2025: € 4,417,512 ▼ 2% vs 2024 (€ 4,507,034) Unchanged	▼ 2%
Retained profit	€ -469,631 Retained profit 2022: € -469,631 First fiscal year in the series	€ -476,718 Retained profit 2023: € -476,718 ▼ € 7,087 vs 2022 (€ -469,631) Unfavourable step	€ -500,950 Retained profit 2024: € -500,950 ▼ € 24,232 vs 2023 (€ -476,718) Unfavourable step	€ -507,508 Retained profit 2025: € -507,508 ▼ € 6,558 vs 2024 (€ -500,950) Unfavourable step	▼ € 6,558
Bank debt	€ 3,289,324 Bank debt 2022: € 3,289,324 First fiscal year in the series	€ 3,199,422 Bank debt 2023: € 3,199,422 ▼ 3% vs 2022 (€ 3,289,324) Favourable step	€ 3,078,009 Bank debt 2024: € 3,078,009 ▼ 4% vs 2023 (€ 3,199,422) Favourable step	€ 2,968,898 Bank debt 2025: € 2,968,898 ▼ 4% vs 2024 (€ 3,078,009) Favourable step	▼ 4%
Balance sheet total	€ 6,936,819 Balance sheet total 2022: € 6,936,819 First fiscal year in the series	€ 6,934,275 Balance sheet total 2023: € 6,934,275 Unchanged (€ 6,936,819) Unchanged	€ 6,828,413 Balance sheet total 2024: € 6,828,413 ▼ 2% vs 2023 (€ 6,934,275) Unchanged	€ 6,739,523 Balance sheet total 2025: € 6,739,523 ▼ 1% vs 2024 (€ 6,828,413) Unchanged	▼ 1%

Key figures of VISHA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to VISHA?

What happened at VISHA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 28, 2026 New annual accounts for financial year 2025: loss of € 6,558. filed late Source: NBB ↗
Jan 1, 1968 Start of the company according to the CBE. KBO
Sep 1, 1966 New establishment in Watermaal-Bosvoorde. KBO

In short

From € 36,318 loss in 2022 to € 6,558 loss in 2025.

Original PDFs at the National Bank ↗

Management

COGEBRU 100%

BARON INVESTMENTS 100%

The stake of COGEBRU, BARON INVESTMENTS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

VISHA

M. DECLERCQ 28.8%

RETAIL INVESTMENTS

Behind VISHA is BARON INVESTMENTS SA. The shares are held by COGEBRU (100%) and BARON INVESTMENTS (100%). It owns 28.8% of M. DECLERCQ and RETAIL INVESTMENTS itself.

Directors

According to the 2025 annual accounts

BARON INVESTMENTS SA

Director · represented by Ramy Baron

Also active at: COGEBRU, STEPHANIE INVEST, MEGA CONCEPT, BARON'S INVESTMENT COMPANY, VINCA, M. DE CLERCQ, ONE RETAIL, CONCEPT 9 +1 more

Shareholders

COGEBRU

100%

BARON INVESTMENTS

100%

Participations

M. DECLERCQ

28.8%

RETAIL INVESTMENTS

Establishments

Establishment units

Physical locations of this company

Registered office

Terhulpsesteenweg 177 box 9

1170 Watermaal-Bosvoorde

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 24 companies are registered at this address.

All companies at this address →

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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0405.802.765
VAT number: BE 0405.802.765
Registered office: Terhulpsesteenweg 177 bus 9, 1170 Watermaal-Bosvoorde
Names & denominations: VISHA
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 1 January 1968
Peppol: Active · Active since 19 Dec 2025
Activities · NACE: Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

View on CBE Public ↗ Annual accounts (NBB) ↗