NIP
ActiveSummary
The computed 12-month bankruptcy probability of NIP is 6.4% (elevated). For NIP, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €393,641 and a net result of €233,204. Equity is growing by ~69.2% per year across the filed fiscal years. Its solvency ranks better than 62% of 1290 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability88▲+1
Solvency66▲+11
Growth85▲+7
Track record86
Bankruptcy probability, 12 months
6.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
41.3%
Return on assets
24.5%
Age of the figures
27 mo
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 240 days later.
NBB · 3 filingsPosition against the passed deadline
30-06-2025 close31-01-2026 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 04-02-2025, 4 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not filed
2024
4 d late
2023
6 d late
2022
14 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 8 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, full schema
Turnover
€2.8m▲ 66.8%
2023 · €1.7m
EBIT margin
10.2%▼ 1.3pp
2023 · 11.6%
Net result
€233,204▲ 47.7%
2023 · €157,858
Working capital
€305,694▲ 287%
2023 · €79,083
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202220232024
Turnover€1.5m-€1.7m▲ 13.6%€2.8m▲ 66.8%
Operating result€113,049-€194,621▲ 72.2%€287,250▲ 47.6%
Net result€105,579above the sector's middle half-€157,858above the sector's middle half▲ 49.5%€233,204above the sector's middle half▲ 47.7%
EBIT margin7.6%-11.6%▲ 3.9pp10.2%▼ 1.3pp
Equity€102,579within the sector's middle half-€210,437above the sector's middle half▲ 105%€393,641within the sector's middle half▲ 87.1%
Total assets€438,326above the sector's middle half-€708,995above the sector's middle half▲ 61.8%€953,152within the sector's middle half▲ 34.4%
Debt€335,746-€498,557▲ 48.5%€559,510▲ 12.2%
Working capital€84,634-€79,083▼ 6.6%€305,694▲ 287%
Solvency23.4%within the sector's middle half-29.7%within the sector's middle half▲ 6.3pp41.3%within the sector's middle half▲ 11.6pp
Staff (FTE)1.20.2below the sector's middle half▼ 83.3%
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2024 Turnover +67% on 2023. The accounts now follow the full schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 48% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €953,152
Fixed assets
€87,947 ▼ 54.3%
Current assets
€865,205 ▲ 67.5%
Equity and liabilities €953,152
Equity
€393,641 ▲ 87.1%
Debt
€559,510 ▲ 12.2%
Debt's share of the balance-sheet total falls from 70.3% to 58.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€311,694▲
2023 · €205,279
Cash flow
€257,647▲
2023 · €168,516
Current ratio
1.55▲
2023 · 1.18
Quick ratio
1.55▲
2023 · 1.18
Debt to equity
1.42▼
2023 · 2.37
ROE
59.2%▼
2023 · 75.0%
ROA
24.5%▲
2023 · 22.3%
Interest coverage
56.12▲
2023 · 52.77
Debt ≤ 1 year
€559,510▲
2023 · €437,449
Income taxes
€64,491▲
2023 · €32,873
Staff costs
€6,760▼
2023 · €67,183
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Turnover70 | €1.5m | €1.7m | €2.8m | ▲ 66.8% |
| Goods, raw materials, services and sundry goods60/61 | €1.3m | €1.4m | €2.5m | ▲ 77.5% |
| Remuneration, social security and pensions62 | €30,958 | €67,183 | €6,760 | ▼ 89.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,263 | €10,658 | €24,443 | ▲ 129% |
| Other operating charges640/8 | €180 | €8,117 | €7,064 | ▼ 13.0% |
| Gross operating margin9900 | €146,449 | €280,580 | €325,518 | ▲ 16.0% |
| Operating profit (loss)9901 | €113,049 | €194,621 | €287,250 | ▲ 47.6% |
| Financial income75/76B | €873 | - | €15,998 | - |
| Recurring financial income75 | €873 | - | €15,998 | - |
| Non-recurring financial income76B | €873 | - | - | - |
| Financial charges65/66B | €8,342 | €3,890 | €5,554 | ▲ 42.8% |
| Recurring financial charges65 | €7,469 | €3,890 | €5,554 | ▲ 42.8% |
| Non-recurring financial charges66B | €873 | - | - | - |
| Profit (loss) for the period before taxes9903 | €105,579 | €190,731 | €297,694 | ▲ 56.1% |
| Income taxes67/77 | - | €32,873 | €64,491 | ▲ 96.2% |
| Profit (loss) for the period9904 | €105,579 | €157,858 | €233,204 | ▲ 47.7% |
| Profit (loss) for the period to be appropriated9905 | €105,579 | €157,858 | €233,204 | ▲ 47.7% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €438,326 | €708,995 | €953,152 | ▲ 34.4% |
| Fixed assets21/28 | €17,945 | €192,463 | €87,947 | ▼ 54.3% |
| Tangible fixed assets22/27 | €17,875 | €178,393 | €73,877 | ▼ 58.6% |
| Plant, machinery and equipment23 | €4,374 | €8,130 | €23,014 | ▲ 183% |
| Furniture and vehicles24 | €13,502 | €20,264 | €50,863 | ▲ 151% |
| Assets under construction and advance payments27 | - | €150,000 | - | - |
| Financial fixed assets28 | €70 | €14,070 | €14,070 | = |
| Current assets29/58 | €420,380 | €516,532 | €865,205 | ▲ 67.5% |
| Stocks and contracts in progress3 | - | €78 | €78 | = |
| Stocks30/36 | - | €78 | €78 | = |
| Amounts receivable within one year40/41 | €356,874 | €474,450 | €794,883 | ▲ 67.5% |
| Trade receivables40 | €330,634 | €448,095 | €324,004 | ▼ 27.7% |
| Other amounts receivable41 | €26,239 | €26,355 | €470,879 | ▲ 1,687% |
| Cash at bank and in hand54/58 | €63,507 | €42,004 | €70,243 | ▲ 67.2% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €438,326 | €708,995 | €953,152 | ▲ 34.4% |
| Equity10/15 | €102,579 | €210,437 | €393,641 | ▲ 87.1% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €97,579 | €205,437 | €388,641 | ▲ 89.2% |
| Amounts payable17/49 | €335,746 | €498,557 | €559,510 | ▲ 12.2% |
| Amounts payable within one year42/48 | €335,746 | €437,449 | €559,510 | ▲ 27.9% |
| Financial debts43 | - | - | €50,004 | - |
| Credit institutions430/8 | - | - | €50,004 | - |
| Trade debts44 | €306,329 | €346,943 | €280,310 | ▼ 19.2% |
| Suppliers440/4 | €40,925 | €18,436 | €280,310 | ▲ 1,420% |
| Bills of exchange payable441 | €265,404 | €328,508 | - | - |
| Taxes, remuneration and social security45 | €21,417 | €40,506 | €179,196 | ▲ 342% |
| Taxes450/3 | €16,654 | €34,140 | €97,363 | ▲ 185% |
| Remuneration and social security454/9 | €4,763 | €6,366 | €81,833 | ▲ 1,186% |
| Other amounts payable47/48 | €8,000 | €50,000 | €50,000 | = |
| Accrued charges and deferred income492/3 | - | €61,109 | - | - |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €105,579 | €157,858 | €233,204 | ▲ 47.7% |
| + Depreciation and write-downs630 | €2,263 | €10,658 | €24,443 | ▲ 129% |
| Operating cash flow (approximation) | €107,843 | €168,516 | €257,647 | ▲ 52.9% |
| Investment in fixed assets (approximation) | - | -€185,176 | €80,073 | ▲ 143% |
| Change in cash | - | -€21,503 | €28,240 | ▲ 231% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
22-12
KBO administration
Address struck
Vliegwezenlaan 62 Die Sitzadresse Vliegwezenlaan 62 1731
Asse · event 27-10-2025
04-02
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 4 days late
2024
30-06
Financial
Highest result since 2022net €233,204 ▲47.7%
Operating result €287,250, net result €233,204, both a record.
06-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2023
30-06
Financial
Equity above €200,000Eq €210,437 ▲105%
2 profitable years in a row build equity to €210,437.
14-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 14 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Asse · 1 establishment unit since 2020
Ground area
1,391 m²
Building footprint
312 m²
Volume, LiDAR
3,234 m³
2 parcels, Flanders · tallest building 16.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
NIP
since 20202.310.791.507
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23095B0091/00L005 | Flanders | 828 m² | 1 · 108 m² | 7.9 m · 2 fl. |
| 23084A0310/00F002 | Flanders | 563 m² | 1 · 204 m² | 16.1 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,052. 10,138 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded23-11-2020
Fiscal year end30-06
Activities, NACEBEL 2025
41001General construction of residential buildings
43211General electrical installation work
43221Plumbing work
43240Other construction installation
43410Roofing work
Contact
E-mail
office@nipbv.com
Phone
024 789 905
Phone
0488096994
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.