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 50 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VISAL from Harelbeke, company number BE0843999176, closed financial year 2025 with a result of € 3,187 after tax. For that financial year VISAL recorded a gross margin of € 22,868 and equity of € 717,022. Compared with financial year 2024, the result moved from € 12,332 to € 3,187. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 10, 2026.
€ 717,022
▲ 80% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,187
▼ 74% vs 2024
Profit after tax over the fiscal year.
€ 7,792
▼ 28% 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 € 382,248.
People and assets in 2025
€ 11,527
▼ 18% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 7,350
▼ 1% vs 2024
Loans from banks and other lenders, long and short.
€ 2,512
▼ 80% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,787
▲ € 7,063 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 14,732 | € 20,290 | € 37,775 | € 22,868 | ▼ 39% |
| Profit after taxes | € 309 | € 2,687 | € 12,332 | € 3,187 | ▼ 74% |
| Equity | € 382,641 | € 385,329 | € 397,661 | € 717,022 | ▲ 80% |
| Total debts | € 49,460 | € 82,503 | € 61,123 | € 74,895 | ▲ 23% |
| Cash | € 22 | € 0 | € 10,880 | € 7,792 | ▼ 28% |
| Retained profit | € 364,041 | € 366,729 | € 379,061 | € 382,248 | ▲ 1% |
| Bank debt | € 7,422 | € 9,476 | € 7,413 | € 7,350 | ▼ 1% |
| Balance sheet total | € 432,101 | € 467,832 | € 458,784 | € 791,917 | ▲ 73% |
Key figures of VISAL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to VISAL?
What happened at VISAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,187 (▼ 74% vs 2024). Source: NBB ↗
- Anne-Sophie Vandewoude became a director. NBB
- New establishment in Harelbeke. KBO
- Ruben Viaene became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 309 profit in 2022 to € 3,187 profit in 2025.
Paid € 30,798 in corporate taxes since 2022.
Best year ever: 2024, with € 12,332 profit.
Management
Behind VISAL are Anne-Sophie Vandewoude and Ruben Viaene. It owns 20.4% of Vipack itself.
Directors
According to the 2025 annual accounts
Anne-Sophie Vandewoude
Director
since 2016
since 2012
Establishments
Establishment units
Physical locations of this company
Potteriehoek 6
8531 Harelbeke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0843.999.176
- VAT number
- BE 0843.999.176
- Registered office
- Potteriehoek 6, 8531 Harelbeke
- Names & denominations
- VISAL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 February 2012
- Peppol
- Active · Active since 20 Nov 2025
- Activities · NACE
Handelsbemiddeling in de groothandel in meubelen, huishoudelijke artikelen en ijzerwaren