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 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 45 % of short-term debt in 2024; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 3.9 to 1.8.
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Busy address KBO
87 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
VIZZION EUROPE from Sint-Pieters-Woluwe, company number BE0461171355, closed financial year 2024 with a result of € -127,158 after tax. For that financial year VIZZION EUROPE recorded revenue of € 946,057 and equity of € -5.1 million. Compared with financial year 2023, the result moved from € -154,944 to € -127,158. 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 July 10, 2025.
€ -5.1 million
▼ € 127,158 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -127,158
▲ 18 % less loss than in 2023
Profit after tax over the fiscal year.
€ 194,031
▲ 40% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -67.6 million.
People and assets in 2024
1.8
▼ 0.8 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 270,694
▼ 33% vs 2023
€ 150,400 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.
€ 17,065
▼ 19% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 110,288
▼ 42% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 41,868
▼ 51% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 1,385,641 | € 1,355,879 | € 1,221,402 | € 946,057 | ▼ 23% |
| Gross margin | € 592,844 | € 555,731 | € 393,356 | € 285,771 | ▼ 27% |
| Profit after taxes | € -2,038,294 | € -46,333 | € -154,944 | € -127,158 | ▲ € 27,786 |
| Equity | € -4,797,295 | € -4,843,628 | € -4,998,572 | € -5,125,730 | ▼ € 127,158 |
| Total debts | € 8,401,504 | € 8,309,232 | € 8,449,921 | € 8,450,928 | |
| Cash | € 443,307 | € 60,918 | € 138,342 | € 194,031 | ▲ 40% |
| Retained profit | € -67,302,919 | € -67,349,252 | € -67,504,196 | € -67,631,354 | |
| Balance sheet total | € 3,604,209 | € 3,465,605 | € 3,451,349 | € 3,325,198 | ▼ 4% |
| Employees (FTE) | 5.5 | 3.9 | 2.6 | 1.8 | ▼ 0.8 |
Key figures of VIZZION EUROPE, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
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:
- TOO'GEZER SA stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 127,158. Source: NBB ↗
- Gonzague MULLIEZ stepped down as director. NBB
- TOO'GEZER SA became a director. NBB
- Gonzague MULLIEZ became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 2 million loss in 2021 to € 127,158 loss in 2024.
Paid € 2,149 in corporate taxes since 2021.
On average € 158,800 of value added per employee in 2024.
A new publication or filing at VIZZION EUROPE? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
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 2024 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 2019 · until 2025
Gonzague MULLIEZ
Director
Also active at: RECOMAX, LAREBEL-WOLUWE, Alliance Loi, ALTON FINANCE, VIZZION PARTICIPATIONS
since 2018 · until 2025
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 87 companies are registered at this address.
All companies at this address →PUBSTONE
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€ 5.2 million revenue · 2025
World Steel Association
€ 16 million revenue · 2025
RHONE ARTS
MERCURI URVAL
€ 3.4 million revenue · 2025
+82 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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