Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 23 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ESPACE VISION M.R. from Nivelles, company number BE0469613424, closed financial year 2025 with a result of € 32,881 after tax. For that financial year ESPACE VISION M.R. recorded a gross margin of € 103,609 and equity of € 22,979. Compared with financial year 2024, the result moved from € 36,828 to € 32,881. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 22,979
▲ € 32,881 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 32,881
▼ 11% vs 2024
Profit after tax over the fiscal year.
€ 33,845
▲ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -1,810.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 34,671
▲ 6% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 11,337
▲ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 62,744
▼ 24% vs 2024
€ 20,829 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 61,401
▲ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 31,319
▲ 89% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 65,953 | € 67,283 | € 95,119 | € 103,609 | ▲ 9% |
| Profit after taxes | € 2,549 | € 16,022 | € 36,828 | € 32,881 | ▼ 11% |
| Equity | € -62,751 | € -46,729 | € -9,901 | € 22,979 | ▲ € 32,881 |
| Total debts | € 332,247 | € 300,353 | € 261,240 | € 230,599 | ▼ 12% |
| Cash | € 44,129 | € 34,043 | € 29,060 | € 33,845 | ▲ 16% |
| Land & buildings | € 182,996 | € 176,984 | € 179,484 | € 170,790 | ▼ 5% |
| Retained profit | € -87,540 | € -71,519 | € -34,691 | € -1,810 | ▲ € 32,881 |
| Bank debt | € 120,378 | € 102,313 | € 82,867 | € 62,744 | ▼ 24% |
| Balance sheet total | € 269,496 | € 253,624 | € 251,339 | € 253,578 | ▲ 1% |
Key figures of ESPACE VISION M.R., 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 ESPACE VISION M.R.?
What happened at ESPACE VISION M.R. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 32,881 (▼ 11% vs 2024). filed late Source: NBB ↗
- Jean-Marc MASSIN became a director. NBB
- New establishment in La Louvière. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,549 profit in 2022 to € 32,881 profit in 2025.
Paid € 17,977 in corporate taxes since 2022.
Best year ever: 2024, with € 36,828 profit.
Management
Behind ESPACE VISION M.R. is Jean-Marc MASSIN. Jean-Marc MASSIN is also behind Immobilière MASSIN - DUBOIS.
Directors
According to the 2025 annual accounts
since 2012
Establishments
Establishment units
Physical locations of this company
Allée du Mont-Cheval 6
1400 Nivelles
Rue Albert 1,Roi des Belges(L.L) 34
7100 La Louvière
Active since 16 November 2000
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0469.613.424
- VAT number
- BE 0469.613.424
- Registered office
- Allée du Mont-Cheval 6, 1400 Nivelles
- Names & denominations
- ESPACE VISION M.R.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 January 2000
- Peppol
- Active · Active since 8 Dec 2025
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