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Complete company report
Generated 20-08-2026
Active BE 0650.976.106Private limited company (pre-2019)Open bankruptcy

BUSINESS VIP

Louizalaan 207 ·1050 Elsene, Belgium· 10 yrs active
Conclusion Checked

A bankruptcy procedure is open for BUSINESS VIP according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €305k and a net result of €81k.

Based on the State Gazette, CBE and 5 annual accounts.
Key figures
Equity €305k
Net result €81k
Active 10 yrs
Board 2
Financial profile 5 of 5 axes measured · computed by Checked
Health24Profitability100Solvency100Growth85Stability0
62 / 100

Strong profile, led by profitability.

All 5 axes are computed from data Checked has read.

Health 24
Profitability 100
Solvency 100
Growth 85
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals 2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2023 · computed
24 / 100 Critical
050100
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview7 NBB filings
Annual accounts filed on 16-06-2024 with the NBB · fiscal year 2023 · micro
€-200k€0€200k€400kOperating result 2018: €587€587Net result 2018: €1k€1kOperating result 2019: €6k€6kNet result 2019: €-3k€-3kRevenue 2021: €221k€221kOperating result 2021: €87k€87kNet result 2021: €63k€63kRevenue 2022: €359k€359kOperating result 2022: €103k€103kNet result 2022: €75k€75kRevenue 2023: €446k€446kOperating result 2023: €106k€106kNet result 2023: €81k€81k20182019202120222023
RevenueOperating resultNet result
Revenue
€446k
+24.4% 18-23
EBITDA
€132k
+2.5% 18-23
Net profit
€81k
+8.3% 18-23
Cash flow
€106k
+6.2% 18-23
Total assets
€338k
+31.3% 18-23
Equity
€305k
+36.1% 18-23
Working capital
€211k
+101.6% 18-23
Income taxes
€28k
+16.7% 18-23
Show 11 other metrics
Debt
€33k
-0.6% 18-23
Debt ≤ 1y
€33k
-0.6% 18-23
Current ratio
7.34
+77.9% 18-23
Quick ratio
5.26
+61.1% 18-23
Solvency
90.1%
+3.6% 18-23
Debt / equity
0.11
-27.0% 18-23
ROE
26.5%
-20.4% 18-23
ROA
23.9%
-17.5% 18-23
Net margin
18.1%
-12.9% 18-23
EBITDA margin
29.5%
-17.6% 18-23
Interest coverage
664.18
+7.8% 18-23
Figures by fiscal year
Fiscal year2023
Depositmicro
Revenue€446k
EBITDA€132k
Net profit€81k
Cash flow€106k
Staff costs-
Income taxes-
Dividends-
Total assets€338k
Equity€305k
Debt€33k
of which ≤ 1y€33k
of which > 1y-
Working capital€211k
Employees (FTE)-
Ratios (computed)
2023
Current ratio7.34
Quick ratio5.26
Working capital ratio62.5%
Solvency90.1%
Debt / equity0.11
Long-term debt ratio-
Interest coverage664.18
Gross margin29.8%
Net margin18.1%
ROA23.9%
ROE26.5%
EBITDA margin29.5%
Days sales outstanding80d
Days payable outstanding6d
Inventory turnover4.52
Days inventory (DSI)81d
Balance-sheet composition 2023
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€338k
Fixed assets 21/28€93k
Tangible fixed assets 22/27€93k
Current assets 29/58€245k
Stocks & contracts in progress 3€69k
Amounts receivable within one year 40/41€120k
Cash & bank 54/58€55k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€338k
Equity 10/15€305k
Contributions / capital 10/11€19k
Reserves 13€3k
Accumulated profits (losses) 14€283k
Amounts payable 17/49€33k
Amounts payable within one year 42/48€33k
Trade debts payable within one year 44€5k
Income statement
Turnover 70€446k
Gross operating margin 9900€133k
Operating result 9901€106k
Financial charges 65€198
Result before taxes 9903€106k
Net result for the period 9904€81k
Result to be appropriated 9905€81k
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 3 directors
Current directors & mandates
  • CHARLES JEAN FRANCOIS
    Manager
    State Gazette act 24017832 (29-01-2024)
    Current
    05-05-2023 → present
  • GIRBEA STEFAN ALEXANDRU
    Manager
    State Gazette act 23042382 (27-03-2023)
    Current
    27-03-2023 → present
Former directors (1)
  • BOUSILIMI AYMEN
    Manager
    State Gazette act 23042382 (27-03-2023)
    Former
    - → 27-03-2023
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Directors & mandates1 person
Role Name Tenure Source
Curator ANTHONY BOCHON
AVENUE LOUISE 480 BOITE 11, 1050 IXELLES
 24-04-2026 → present Belgian State Gazette
Legal Structure
NACE primary -
Legal form Private limited company (pre-2019)(015)
Incorporation01-04-2016
StatusActive
Postal code1050
First BS signal 04-05-2026
Latest BS signal 04-05-2026
Establishment units 1 location
BUSINESS VIP
Louizalaan 207, 1050 ElseneOptrekken van de ruwbouw van individuele huizen
since 20162.251.770.965
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21807G0120/00L005 Brussels 700 m² 1 · 700 m² 32.2 m · 9 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 10 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
04-05-2026
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL BUSINESS VIP AVENUE LOUISE 207/2B, 1050 IXELLES · event 24-04-2026
2024
16-06-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
29-02-2024
NBB filing Annual accounts filed
fiscal year 2022 · micro
29-02-2024
NBB filing Annual accounts filed
fiscal year 2021 · micro
29-01-2024
State Gazette act Capital & shares
2023
27-03-2023
State Gazette act Capital & shares
2020
26-08-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
26-07-2019
NBB filing Annual accounts filed
fiscal year 2018 · micro
2018
30-09-2018
NBB filing Annual accounts filed
fiscal year 2017 · micro
2017
21-07-2017
NBB filing Annual accounts filed
fiscal year 2016 · volledig
Lifecycle & Insolvency Signals1 events
04-05-2026
Bankruptcy Opening
Date: 24-04-2026 · Tribunal de l’entreprise francophone de Bruxelles · SRL BUSINESS VIP AVENUE LOUISE 207/2B, 1050 IXELLES · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262026-05-04 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage 0 of 10 acts read

We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 2 acts
Capital history · 2
29-01-2024
Capital change
27-03-2023
Capital change
All acts · 2 updated 2 years ago
2024
29-01-2024 All shares are now held by a single shareholder Capital & shares
Technical details 
{
  "events": [
    {
      "kind": "eenhoofdigheid_declaration",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Bruxelles",
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2024-01-29",
    "filing_date": "2024-01-19",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decision": {
    "body": "algemene_vergadering",
    "act_date": "2023-05-05",
    "unanimous": true,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2023-05-05"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0650.976.106",
    "name_full": "BUSINESS VIP",
    "legal_form": "Soci\u00E9t\u00E9 Priv\u00E9e \u00E0 Responsabilit\u00E9 Limit\u00E9",
    "_kbo_filled_from_list": true,
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "CHARLES JEAN FRANCOIS",
      "role": "g\u00E9rant_statutaire",
      "n_shares": 95,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "G\u00CERBEA STEFAN",
      "role": "simple_associ\u00E9",
      "n_shares": 5,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
2023
27-03-2023 All shares are now held by a single shareholder Capital & shares
Technical details 
{
  "events": [
    {
      "kind": "eenhoofdigheid_declaration",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Dhr GIRBEA STEFAN ALEXANDRU",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 100,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Brussel",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2023-03-27",
    "filing_date": "2023-03-17",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "bijzondere_algemene_vergadering",
    "act_date": "2023-03-17",
    "unanimous": true,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2022-10-19"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0650.976.106",
    "name_full": "BUSINESS VIP",
    "legal_form": "Besloten vennootschap met beperkte aansprakelijkheid",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Dhr GIRBEA STEFAN ALEXANDRU",
      "role": "zaakvoerder",
      "n_shares": 100,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameFR BUSINESS VIP
Registered office
Louizalaan 207 bus 2b
1050 Elsene, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative