Skip to content
Checked.be
Complete company report
Generated 18-08-2026
Active BE 0707.912.829Private limited companyOpen bankruptcy

V.I.P. Groep

· 7 yrs active
Sector: Bouw van boven- en ondergrondse spoorwegen (42120)
Conclusion Checked

A bankruptcy procedure is open for V.I.P. Groep according to publications in the Belgian State Gazette. The 2020 annual accounts show equity of €260k and a net result of €124k.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €260k
Net result €124k
Staff (FTE) 2.7
Better than sector 64%
Financial profile 5 of 5 axes measured · computed by Checked
Health23Profitability100Solvency92Growth78Stability0
59 / 100

Mixed profile: strong on profitability, weaker on stability.

All 5 axes are computed from data Checked has read.

Health 23
Profitability 100
Solvency 92
Growth 78
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 2020 · computed
23 / 100 Critical
050100
Computed from 4 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 2020 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 20-07-2021 with the NBB · fiscal year 2020 · verkort
€0€50k€100k€150kOperating result 2019: €170k€170kNet result 2019: €124k€124kOperating result 2020: €154k€154kNet result 2020: €124k€124k20192020
Operating resultNet result
Sector comparison
Fiscal year 2020 · NACE 42 · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 51.1% 39.0%
better than 64% of 31 sector peers
Net result €124k €54k
better than 70% of 31 sector peers
Equity €260k €385k
better than 31% of 31 sector peers
Gross operating margin €291k €528k
better than 29% of 31 sector peers
Total assets €509k €1.30M
better than 20% of 31 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€181k
-7.5% 19-20
Net profit
€124k
+0.5% 19-20
Cash flow
€151k
+1.7% 19-20
Total assets
€509k
-0.8% 19-20
Equity
€260k
+91.3% 19-20
Working capital
€184k
+84.9% 19-20
Employees (FTE)
3
+350.0% 19-20
Income taxes
€29k
-38.5% 19-20
Show 9 other metrics
Debt
€249k
-34.0% 19-20
Debt ≤ 1y
€248k
-32.2% 19-20
Debt > 1y
€12k
- 19-20
Current ratio
1.75
+37.0% 19-20
Quick ratio
1.75
+37.0% 19-20
Solvency
51.1%
+92.9% 19-20
Debt / equity
0.09
- 19-20
ROE
47.7%
-47.5% 19-20
ROA
24.4%
+1.3% 19-20
Figures by fiscal year
Fiscal year2020
Depositverkort
Revenue-
EBITDA€181k
Net profit€124k
Cash flow€151k
Staff costs-
Income taxes€29k
Dividends-
Total assets€509k
Equity€260k
Debt€249k
of which ≤ 1y€248k
of which > 1y-
Working capital€184k
Employees (FTE)2.7
Ratios (computed)
2020
Current ratio1.75
Quick ratio1.75
Working capital ratio36.2%
Solvency51.1%
Debt / equity-
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA24.4%
ROE47.7%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2020
Full annual accounts (21 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2020
Balance sheet, Assets
TOTAL ASSETS 20/58€509k
Fixed assets 21/28€77k
Tangible fixed assets 22/27€72k
Financial fixed assets 28€5k
Current assets 29/58€432k
Amounts receivable within one year 40/41€393k
Cash & bank 54/58€35k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€509k
Equity 10/15€260k
Reserves 13€248k
Amounts payable 17/49€249k
Amounts payable within one year 42/48€248k
Trade debts payable within one year 44€159k
Income statement
Gross operating margin 9900€291k
Operating result 9901€154k
Financial income 75€3
Financial charges 65€628
Result before taxes 9903€153k
Income taxes 67/77€29k
Net result for the period 9904€124k
Result to be appropriated 9905€124k
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 2 directors
Current directors & mandates
  • Kaya Ziyattin
    Director
    State Gazette act 22144507 (08-12-2022)
    Current
    14-09-2022 → present
Former directors (1)
  • Kucuktas Metin
    Director
    State Gazette act 22144507 (08-12-2022)
    Former
    - → 14-09-2022
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 HANS DE MEYER
MARCUS VAN VAERNEWIJCK- STRAAT 23, 9030 MARIAKERKE (GENT)
 18-03-2025 → present Belgian State Gazette
Legal Structure
NACE primary Bouw van boven- en ondergrondse spoorwegen(42120)
Legal form Private limited company(610)
Incorporation08-10-2018
StatusActive
Postal code-
First BS signal 24-03-2025
Latest BS signal 24-03-2025
Establishment units 1 location
V.I.P. GROEP
Afrikalaan 54, 9000 GentBouw van bruggen en tunnels
since 20182.280.827.415
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.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44807G0689/00Y000 Flanders 3,457 m² 1 · 163 m² 11.6 m · 4 fl.
44807G0755/00P006 Flanders 2,375 m² 1 · 2,176 m² 32.4 m · 2 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 4 events

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

2025
24-03-2025
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Gent · V.I.P. GROEP BV AFRIKA- LAAN 305/2, 9000 GENT · event 18-03-2025
2022
08-12-2022
State Gazette act Director changes
2021
20-07-2021
NBB filing Annual accounts filed
fiscal year 2020 · verkort
2020
09-11-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
Lifecycle & Insolvency Signals1 events
24-03-2025
Bankruptcy Opening
Date: 18-03-2025 · Ondernemingsrechtbank Gent, afdeling Gent · V.I.P. GROEP BV AFRIKA- LAAN 305/2, 9000 GENT · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-03-24 · 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 3 acts read

We know of 3 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 1 acts
All acts · 1 updated 3 years ago
2022
08-12-2022 1 director appointed, 1 resigning Director changes
  • Kaya Ziyattin, Bestuurder
  • Kucuktas Metin, Bestuurder
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Kucuktas Metin",
        "address": "9111 Sint-Niklaas, Cuwaertstraat 1",
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": "de_plein_droit_dissolution",
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2022-09-14",
      "evidence_quote": "de heer Kucuktas Metin, wonende te 9111 Sint-Niklaas, Cuwaertstraat 1 wordt ontslagen als bestuurder",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Kaya Ziyattin",
        "address": "9000 Gent, Glasgowstraat 32A",
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2022-09-14",
      "evidence_quote": "de heer Kaya Ziyattin, wonende te 9000 Gent, Glasgowstraat 32A, wordt benoemd als bestuurder",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2022-12-08",
    "filing_date": "2022-11-28",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "bijzondere_algemene_vergadering",
      "date": "2022-11-28",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0707.912.829",
    "name_full": "V.l.P. Groep",
    "legal_form": "BV"
  },
  "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": [],
  "corrected_publication_numac": null
}
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
Activities
Bouw van boven- en ondergrondse spoorwegen42120Bouw van boven- en ondergrondse spoorwegen42120
Primary activity highlighted.
Names & trade names
Legal nameNL V.I.P. Groep
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies Comparable size · 28 of 170 companies in this sector with filed accounts
BC&CO RAILWORKS BE 0771.435.357 · Brakel
Leus Kris BE 1005.848.824 · Lokeren
Emiel Van Bruwaene BE 0786.223.996 · Lichtervelde
SIMA RAIL & BUILD BE 0760.418.731 · Zaventem
Grond- en spoorwerken Puype BE 0803.661.925 · Roeselare
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative