Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 43 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
86 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
VIZZION EUROPE from Sint-Pieters-Woluwe, company number BE0461171355, closed financial year 2025 with a result of € -166,388 after tax. For that financial year VIZZION EUROPE recorded a gross margin of € 217,536 and equity of € -5.3 million. Compared with financial year 2024, the result moved from € -127,158 to € -166,388. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 16, 2026.
€ -5.3 million
▼ € 166,388 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -166,388
▼ 31 % more loss than in 2024
Profit after tax over the fiscal year.
€ 92,598
▼ 52% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -67.8 million.
People and assets in 2025
1.8
Average over the fiscal year, from the social balance sheet.
€ 245,212
▼ 9% vs 2024
€ 136,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 13,054
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 47,982
▼ 56% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 50,245
▲ 20% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,355,879 | € 1,221,402 | € 946,057 | - | |
| Gross margin | € 555,731 | € 393,356 | € 285,771 | € 217,536 | ▼ 24% |
| Profit after taxes | € -46,333 | € -154,944 | € -127,158 | € -166,388 | ▼ € 39,230 |
| Equity | € -4,843,628 | € -4,998,572 | € -5,125,730 | € -5,292,118 | ▼ € 166,388 |
| Total debts | € 8,309,232 | € 8,449,921 | € 8,450,928 | € 8,522,433 | ▲ 1% |
| Cash | € 60,918 | € 138,342 | € 194,031 | € 92,598 | ▼ 52% |
| Retained profit | € -67,349,252 | € -67,504,196 | € -67,631,354 | € -67,797,742 | |
| Balance sheet total | € 3,465,605 | € 3,451,349 | € 3,325,198 | € 3,230,316 | ▼ 3% |
| Employees (FTE) | 3.9 | 2.6 | 1.8 | 1.8 |
Key figures of VIZZION EUROPE, 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 VIZZION EUROPE?
What happened at VIZZION EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 166,388. filed late Source: NBB ↗
- TOO'GEZER SA stepped down as director. NBB
- Gonzague Mulliez stepped down as director. NBB
- Gonzague Mulliez became a director. NBB
- TOO'GEZER SA became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 46,333 loss in 2022 to € 166,388 loss in 2025.
Paid € 1,986 in corporate taxes since 2022.
On average € 120,900 of value added per employee in 2025.
Management
The stake of VIZZION PARTICIPATIONS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VIZZION EUROPEThe shares are held by VIZZION PARTICIPATIONS (100%). It owns 26.8% of VIZZION EUROPE AS itself.
Directors
According to the 2025 annual accounts
Director · represented by Patrice DESCAMPS
Also active at: Alliance pour une Coordination Active de Distribution Internationale et Européenne, SUPALI, ONE WORLD AVENUE, CONSTRUCT ME, RECOMAX, LAREBEL-WOLUWE, Alliance Loi, ALTON FINANCE +3 more
since 2001 · until 2026
Gonzague Mulliez
Director
Also active at: RECOMAX, LAREBEL-WOLUWE, Alliance Loi, ALTON FINANCE, VIZZION PARTICIPATIONS
since 2018 · until 2026
Shareholders
Participations
VIZZION EUROPE AS
26.8%
Establishments
Establishment units
Physical locations of this company
Tervurenlaan 270
1150 Sint-Pieters-Woluwe
Lloyd Georgelaan 7
1000 Brussel
Active since 16 September 1997
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 86 companies are registered at this address.
All companies at this address →PUBSTONE
John Hancock International Services
€ 5.2 million revenue · 2025
World Steel Association
€ 16 million revenue · 2025
RHONE ARTS
MERCURI URVAL
€ 3.4 million revenue · 2025
+81 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0461.171.355
- VAT number
- BE 0461.171.355
- Registered office
- Tervurenlaan 270, 1150 Sint-Pieters-Woluwe
- Names & denominations
- VIZZION EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 July 1997
- Peppol
- Active · Active since 19 Nov 2025
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