ACTIVE

VISAL

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Financial year 2025 · closed on 30/09/2025
Net result
3,2 k €
-74.2% YoY
Gross margin
22,9 k €
-39.5% YoY
Equity
717 k €
+80.3% YoY

What does VISAL do?

VISAL is a Private limited company incorporated in 2012. Its main activity is: Agents involved in the sale of furniture, household goods, hardware and ironmongery. Its registered office is in Harelbeke.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0843.999.176
Incorporation
20/02/2012
Legal form
Private limited company
Registered office
Potteriehoek 6
8531 Harelbeke · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
30/09/2025
Activities (NACE)
46150Agents involved in the sale of furniture, household goods, hardware and ironmongery· main46150Agents involved in the sale of furniture, household goods, hardware and ironmongery
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222019201820172016201520142013
Income statement
Gross margin22,9 k €37,8 k €20,3 k €14,7 k €16,2 k €-8,7 k €7 k €11,5 k €10,8 k €6,7 k €-1,6 k €
EBITDA21,8 k €35,6 k €19,1 k €10,9 k €15,7 k €-9,9 k €6,5 k €10,5 k €10 k €6,3 k €-2,1 k €
Operating result5,8 k €25,2 k €10,2 k €4 k €15,1 k €-10,2 k €-1,9 k €2,1 k €2 k €2 k €-6,4 k €
Net result3,2 k €12,3 k €2,7 k €309,2 €11 k €-12,1 k €-3,9 k €480 €949 €1,1 k €-7,6 k €
Balance sheet
Equity717 k €397,7 k €385,3 k €382,6 k €8,6 k €-2,4 k €9,6 k €13,5 k €13 k €12,1 k €11 k €
Total assets791,9 k €458,8 k €467,8 k €432,1 k €347,8 k €299,2 k €330,2 k €309,8 k €36,2 k €43,2 k €48,9 k €
Cash7,8 k €10,9 k €0 €22 €48,7 k €6,4 k €25,5 k €132,8 €192,7 €–23,4 €
Debts74,9 k €61,1 k €82,5 k €49 k €339,2 k €301,6 k €320,6 k €296,3 k €23,2 k €31,2 k €37,9 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 2 ended

Active mandates

Anne-Sophie Vandewoude

Director · since 01 octobre 2016

Active
Ruben Viaene

Director · since 20 février 2012

Active

Ended mandates

Anne-Sophie Vandewoude

Manager · since 01 octobre 2016

Ended
Ruben Viaene

Manager · since 22 février 2012

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/03/202630/04/202530/04/202427/03/202307/03/202222/03/2021
General meeting07/03/202615/04/202530/03/202404/03/202305/03/202206/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202507/03/202610/03/2026DutchPDF
Micro model30/09/202415/04/202530/04/2025DutchPDF
Micro model30/09/202330/03/202430/04/2024DutchPDF
Micro model30/09/202204/03/202327/03/2023DutchPDF
Micro model30/09/202105/03/202207/03/2022DutchPDF
Micro model30/09/202006/03/202122/03/2021DutchPDF
Micro model30/09/201907/03/202018/03/2020DutchPDF
Micro model30/09/201802/03/201926/03/2019DutchPDF
Abridged model30/09/201703/03/201805/03/2018DutchPDF
Abridged model30/09/201604/03/201706/03/2017DutchPDF
Abridged model30/09/201505/03/201607/03/2016DutchPDF
Abridged model30/09/201407/03/201509/03/2015DutchPDF
Abridged model30/09/201301/03/201403/03/2014DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 30/09/2025 · 2 active · 2 ended

Active mandates

Anne-Sophie Vandewoude

Director · since 01 octobre 2016

Active
Ruben Viaene

Director · since 20 février 2012

Active

Ended mandates

Anne-Sophie Vandewoude

Manager · since 01 octobre 2016

Ended
Ruben Viaene

Manager · since 22 février 2012

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates04/12/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/12/2016
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office28/03/2013
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other08/03/2012
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 20253,2 k €↓
  2. 2024
    Annual accounts 202412,3 k €↑
  3. 2023
    Annual accounts 20232,7 k €↑
  4. 2022
    Annual accounts 2022309,2 €↓
  5. 2019
    Annual accounts 201911 k €↑
  6. 2018
    Annual accounts 2018-12,1 k €↓
  7. 2017
    Annual accounts 2017-3,9 k €↓
  8. 2016
    Annual accounts 2016480 €↓
  9. 2015
    Annual accounts 2015949 €↓
  10. 2014
    Annual accounts 20141,1 k €↑
  11. 2013
    Annual accounts 2013-7,6 k €
  12. 20/02/2012
    IncorporationPrivate limited company