ACTIVE

VISIEBLE

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

-5,1 k €

-122.0% YoY

Gross margin

7 k €

-81.0% YoY

Equity

416,6 k €

-1.2% YoY

What does VISIEBLE do?

VISIEBLE is a Private limited company incorporated in 1990. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Halle.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0442.008.610

Incorporation

18/12/1990

Legal form

Private limited company

Registered office

Edingensesteenweg 196
1500 Halle · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

68203Rental and operating of own or leased real estate· main

Joint committees (2)

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	7 k €	-81.0%	37,1 k €	+17.4%	31,6 k €	+368%	6,8 k €	+130%	-22,3 k €	+66.8%	-67,1 k €	-157%	118,2 k €	+8.5%	109 k €	+14.6%	95,1 k €	+6.9%	88,9 k €	+36.7%	65 k €	+705%	8,1 k €	-89.7%	78,2 k €	-39.6%	129,4 k €	+5652%	2,2 k €	-98.5%	152,9 k €	+18.9%	128,6 k €	-16.1%	153,3 k €	-48.2%	295,7 k €	+679%	38 k €
EBITDA	2,1 k €	-93.4%	31,8 k €	+19.9%	26,6 k €	+1168%	2,1 k €	+108%	-27,7 k €	+69.6%	-90,9 k €	-188%	103,2 k €	+20.9%	85,4 k €	+55.6%	54,9 k €	+0.7%	54,5 k €	+84.1%	29,6 k €	+205%	-28,2 k €	-164%	44,3 k €	-51.3%	90,8 k €	+401%	-30,1 k €	-124%	125,7 k €	+25.8%	99,9 k €	-25.4%	133,9 k €	-50.0%	267,8 k €	+1290%	19,3 k €
Operating result	-6,6 k €	-129%	23,1 k €	+29.6%	17,8 k €	+368%	-6,6 k €	+81.8%	-36,6 k €	+63.5%	-100,1 k €	-208%	92,3 k €	+44.0%	64,1 k €	+102%	31,7 k €	-7.0%	34,1 k €	+1299%	2,4 k €	+104%	-62 k €	-646%	11,4 k €	-80.8%	59,2 k €	+197%	-61,1 k €	-164%	96,2 k €	+25.2%	76,8 k €	-31.8%	112,6 k €	-51.6%	232,6 k €	+460%	-64,7 k €
Net result	-5,1 k €	-122%	23 k €	+29.7%	17,7 k €	+362%	-6,8 k €	+81.6%	-36,7 k €	+46.3%	-68,3 k €	-181%	84,1 k €	+57.4%	53,4 k €	+309%	13 k €	-26.4%	17,7 k €	+229%	-13,7 k €	+84.2%	-86,7 k €	-595%	-12,5 k €	-138%	33,1 k €	+136%	-90,8 k €	-191%	99,8 k €	+285%	25,9 k €	-57.3%	60,6 k €	-66.4%	180,5 k €	+267%	-107,9 k €
Balance sheet
Equity	416,6 k €	-1.2%	421,7 k €	+5.8%	398,7 k €	+4.6%	381,1 k €	-1.7%	387,8 k €	-8.6%	424,5 k €	-63.5%	1,2 M €	+7.8%	1,1 M €	+5.2%	1 M €	+1.3%	1 M €	+1.8%	995,2 k €	-1.4%	1 M €	-7.9%	1,1 M €	-7.0%	1,2 M €	+2.9%	1,1 M €	-7.3%	1,2 M €	+8.8%	1,1 M €	+2.3%	1,1 M €	+5.8%	1 M €	+20.8%	868,9 k €
Total assets	420,3 k €	-0.4%	422,2 k €	+2.8%	410,5 k €	+4.4%	393,3 k €	-1.7%	400,1 k €	-8.2%	436 k €	-66.4%	1,3 M €	+5.0%	1,2 M €	-19.2%	1,5 M €	+3.1%	1,5 M €	-0.6%	1,5 M €	-18.0%	1,8 M €	-4.4%	1,9 M €	-7.8%	2,1 M €	+2.4%	2 M €	+4.6%	1,9 M €	-7.3%	2,1 M €	-2.8%	2,1 M €	+10.2%	1,9 M €	+7.7%	1,8 M €
Cash	298,8 k €	+2.5%	291,6 k €	+7.5%	271,3 k €	+10.9%	244,7 k €	+0.4%	243,7 k €	+130%	106 k €	-81.8%	581,8 k €	+81.2%	321 k €	+157%	125 k €	-47.7%	239,1 k €	+2.5%	233,2 k €	-20.4%	292,9 k €	+163%	111,4 k €	-36.3%	174,9 k €	-16.9%	210,6 k €	-51.9%	438,1 k €	+62.7%	269,2 k €	+78.4%	150,9 k €	-47.2%	285,7 k €	-7.8%	309,8 k €
Debts	3,7 k €	+627%	506 €	-95.7%	11,8 k €	-3.9%	12,2 k €	-0.0%	12,3 k €	+6.2%	11,5 k €	-91.3%	133,2 k €	-14.0%	154,8 k €	-69.2%	502,2 k €	+6.9%	469,6 k €	-5.5%	496,9 k €	-38.6%	808,8 k €	+1.1%	799,9 k €	-9.6%	884,8 k €	+1.7%	870 k €	+25.8%	691,3 k €	-26.7%	943,5 k €	-8.3%	1 M €	+15.5%	891,3 k €	-4.5%	933,6 k €
Other
Workforce	–		–		–		–		–		0,2 ETP	0.0%	0,2 ETP	-60.0%	0,5 ETP	-37.5%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	+14.3%	0,7 ETP	0.0%	0,7 ETP	0.0%	0,7 ETP	0.0%	0,7 ETP	0.0%	0,7 ETP	+40.0%	0,5 ETP	0.0%	0,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 8 ended

Active mandates

Jo Willemyns

Director · since 19 juin 2025

Active

Kris Castelein

Director · since 19 juin 2025

Active

Peter Vanbellingen

Director · since 19 juin 2025

Active

Stefaan Vandamme

Director · since 19 juin 2025

Active

Stefan Goethaert

Director · since 19 juin 2025 · 1010.077.727

Represented by Stefan Goethaert

Active

Ended mandates

Hans Gheldof

Director · since 03 décembre 2020

Ended

Leen Vanoverbeke

Director · since 03 décembre 2020

Ended

Dirk Lefevere

Director

Ended

Dirk Lefevere

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
AGRIPARTNERS● Active	0716.663.417
Ahara● Active	0779.443.696
Avellana● Active	0441.486.194
BOTTLES● Active	1004.058.282
BTW-eenheid GROEP COLRUYT● Active	0893.707.025
CGMI● Active	0779.301.067
CODEVCO X● Active	0779.300.572
CODEVCO XVI● Active	0795.538.768
CODEVCO XVII● Active	1004.058.480
Codevco XXII● Active	1031.283.709
Codevco XXIII● Active	1031.286.974
COLIM● Active	0400.374.725
COLIMPO● Active	0685.762.581
COLRUYT CASH AND CARRY● Active	0716.663.318
Colruyt Food Retail● Active	0716.663.615
Colruyt Group● Active	0400.378.485
Colruyt Group Foundation● Active	0753.616.160
Colruyt Group P2● Active	1026.124.891
CoMarkt● Active	0795.538.570
Darzana● Active	0779.443.795

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Micro model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	03/08/2026	05/06/2025	08/07/2024	09/06/2023	25/08/2022	30/08/2021
General meeting	30/05/2026	31/05/2025	25/05/2024	27/05/2023	28/05/2022	29/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/05/2026	03/08/2026	Dutch	PDF
Micro model	31/12/2024	31/05/2025	05/06/2025	Dutch	PDF
Abridged model	31/12/2023	25/05/2024	08/07/2024	Dutch	PDF
Abridged model	31/12/2022	27/05/2023	09/06/2023	Dutch	PDF
Abridged model	31/12/2021	28/05/2022	25/08/2022	Dutch	PDF
Abridged model	31/12/2020	29/05/2021	30/08/2021	Dutch	PDF
Abridged model	31/12/2019	30/05/2020	26/06/2020	Dutch	PDF
Abridged model	31/12/2018	25/05/2019	25/06/2019	Dutch	PDF
Abridged model	31/12/2017	26/05/2018	26/07/2018	Dutch	PDF
Abridged model	31/12/2016	27/05/2017	13/06/2017	Dutch	PDF
Abridged model	31/12/2015	28/05/2016	17/06/2016	Dutch	PDF
Abridged model	31/12/2014	30/05/2015	09/06/2015	Dutch	PDF
Abridged model	31/12/2013	31/05/2014	11/07/2014	Dutch	PDF
Abridged model	31/12/2012	25/05/2013	14/06/2013	Dutch	PDF
Abridged model	31/12/2011	26/05/2012	13/07/2012	Dutch	PDF
Abridged model	31/12/2010	28/05/2011	26/07/2011	Dutch	PDF
Abridged model	31/12/2009	29/05/2010	28/06/2010	Dutch	PDF
Abridged model	31/12/2008	30/05/2009	16/07/2009	Dutch	PDF
Abridged model	31/12/2007	31/05/2008	25/07/2008	Dutch	PDF
Abridged model	31/12/2006	29/05/2007	24/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 8 ended

Active mandates

Jo Willemyns

Director · since 19 juin 2025

Active

Kris Castelein

Director · since 19 juin 2025

Active

Peter Vanbellingen

Director · since 19 juin 2025

Active

Stefaan Vandamme

Director · since 19 juin 2025

Active

Stefan Goethaert

Director · since 19 juin 2025 · 1010.077.727

Represented by Stefan Goethaert

Active

Ended mandates

Hans Gheldof

Director · since 03 décembre 2020

Ended

Leen Vanoverbeke

Director · since 03 décembre 2020

Ended

Dirk Lefevere

Director

Ended

Dirk Lefevere

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other22/09/2026
—
PDF
Mandates04/08/2025
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/12/2020
BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/11/2020
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares17/12/2013
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares08/05/2006
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
PDF
Registered office13/03/2006
MAATSCHAPPELIJKE ZETEL
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-5,1 k €↓
2024
Annual accounts 202423 k €↑
2023
Annual accounts 202317,7 k €↑
2022
Annual accounts 2022-6,8 k €↑
2021
Annual accounts 2021-36,7 k €↑
2020
Annual accounts 2020-68,3 k €↓
2020
Name changeVisieble
2019
Annual accounts 201984,1 k €↑
2018
Annual accounts 201853,4 k €↑
2017
Annual accounts 201713 k €↓
2016
Annual accounts 201617,7 k €↑
2015
Annual accounts 2015-13,7 k €↑
2014
Annual accounts 2014-86,7 k €↓
2013
Annual accounts 2013-12,5 k €↓
2012
Annual accounts 201233,1 k €↑
2011
Annual accounts 2011-90,8 k €↓
2010
Annual accounts 201099,8 k €↑
2009
Annual accounts 200925,9 k €↓
2008
Annual accounts 200860,6 k €↓
2007
Annual accounts 2007180,5 k €↑
2006
Annual accounts 2006-107,9 k €
2006
Name changeLEFEVERE GEBROEDERS
18/12/1990
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

VISIEBLE

Overview

What does VISIEBLE do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline