V.I.P. SRL
ActiveV.I.P. SRL has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.34M and a net result of €-25k. Equity is growing by ~9.9% per year across the filed fiscal years. Its solvency ranks better than 35% of 7993 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability38▼-9
Solvency55=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity tight (current ratio 1.29 against 1.31 in 2024; short-term debt: 47.8% and cash: 4% of total assets), and 70.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
29.7%
Return on assets
-0.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
30 d early
2023
on the day
2022
5 d early
2021
on the day
2020
3 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-25k
2024 · €90k
2018: €56k
2019: €31k
2020: €177k
2021: €714k
2022: €432k
2023: €6k
2024: €90k
2018 → 2025
Working capital
€617k▼ 14.2%
2024 · €719k
2018: €465k
2019: €326k
2020: €277k
2021: €729k
2022: €910k
2023: €742k
2024: €719k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.22M-€1.50M▲ 22.9%€1.47M▼ 1.6%€1.46M▼ 0.8%€1.34M▼ 8.7%
Operating result€1.14M-€747k▼ 34.3%€284k▼ 62.0%€337k▲ 18.7%€171k▼ 49.3%
Net result€714k-€432k▼ 39.5%€6k▼ 98.6%€90k▲ 1,348%€-25k
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 49% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.49M
Fixed assets
€1.73M▼ 11.3%
Current assets
€2.76M▼ 8.0%
Equity and liabilities €4.49M
Equity
€1.34M▼ 8.7%
Provisions
€12k▼ 7.1%
Debt
€3.15M▼ 9.6%
The debt ratio falls from 70.2% to 70.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€412k▼
2024 · €561k
Cash flow
€216k▼
2024 · €314k
Solvency
29.7%▲
2024 · 29.5%
Current ratio
1.29▼
2024 · 1.31
Quick ratio
0.29▼
2024 · 0.34
Debt / equity
2.35▼
2024 · 2.38
ROE
-1.8%▼
2024 · 6.2%
ROA
-0.5%▼
2024 · 1.8%
Interest coverage
2.36▼
2024 · 3.08
Debt
€3.15M▼
2024 · €3.48M
Debt ≤ 1 year
€2.15M▼
2024 · €2.29M
Debt > 1 year
€998k▼
2024 · €1.19M
Income taxes
€42k▼
2024 · €82k
Staff costs
€1.24M▼
2024 · €1.31M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€4.95M€4.49M▼
Fixed assets21/28€1.95M€1.73M▼
Intangible fixed assets21€54k€44k▼
Tangible fixed assets22/27€1.86M€1.65M▼
Land and buildings22€1.47M€1.39M▼
Plant, machinery and equipment23€132k€97k▼
Furniture and vehicles24€256k€170k▼
Financial fixed assets28€34k€33k▼
Current assets29/58€3.00M€2.76M▼
Stocks and contracts in progress3€2.22M€2.14M▼
Stocks30/36€2.22M€2.14M▼
Amounts receivable within one year40/41€661k€434k▼
Trade receivables40€556k€341k▼
Other amounts receivable41€105k€93k▼
Cash at bank and in hand54/58€114k€179k▲
Deferred charges and accrued income490/1€13k€11k▼
Equity and liabilities
Total equity and liabilities10/49€4.95M€4.49M▼
Equity10/15€1.46M€1.34M▼
Contributions10/11€19k€19k=
Reserves13€1.41M€1.29M▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€72k€72k=
Distributable reserves133€1.34M€1.22M▼
Investment grants15€31k€29k▼
Provisions and deferred taxes16€13k€12k▼
Deferred taxes168€13k€12k▼
Amounts payable17/49€3.48M€3.15M▼
Amounts payable after more than one year17€1.19M€998k▼
Financial debts170/4€1.19M€998k▼
Amounts payable within one year42/48€2.29M€2.15M▼
Current portion of amounts payable after more than one year42€214k€199k▼
Financial debts43€425k€200k▼
Credit institutions430/8€425k€200k▼
Trade debts44€1.32M€1.44M▲
Suppliers440/4€1.32M€1.44M▲
Taxes, remuneration and social security45€192k€178k▼
Taxes450/3€60k€42k▼
Remuneration and social security454/9€132k€135k▲
Other amounts payable47/48€131k€131k=
Accrued charges and deferred income492/3€18€24▲
Income statement
Code20242025
Remuneration, social security and pensions62€1.31M€1.24M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€224k€241k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-143k€16k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€-20k-
Other operating charges640/8€10k€10k▼
Non-recurring operating charges66A€174k-
Gross operating margin9900€1.89M€1.67M▼
Operating profit (loss)9901€337k€171k▼
Financial income75/76B€18k€20k▲
Recurring financial income75€18k€20k▲
Financial charges65/66B€182k€175k▼
Recurring financial charges65€182k€174k▼
Non-recurring financial charges66B€10€61▲
Profit (loss) for the period before taxes9903€173k€16k▼
Transfer from deferred taxes780-€927
Income taxes67/77€82k€42k▼
Profit (loss) for the period9904€90k€-25k▼
Transfer from tax-exempt reserves789€927-
Profit (loss) for the period to be appropriated9905€91k€-25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€91k€-25k▼
Transfer from equity791/2€9k€125k▲
Profit to be distributed694/7€100k€100k=
Return on contributions (dividend)694€100k€100k=
Social balance
Average headcount (FTE)908714.913.9▼
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-25k ▼127%
Net result drops to €-25k, the lowest in the series.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €714k ▲304%
Operating result €1.14M, net result €714k, both a record.
31-12
Financial
Equity above €1MEq €1.22M ▲85.4%
4 profitable years in a row build equity to €1.22M.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
04-09-2023
NEW VIP: Resigned as Managing director
13-05-2014
Hugues Charlier: Resigned as Managing director
12-05-2014
David CROCI: Resigned as Managing director
12-05-2014
Vincent Dubois: Resigned as Managing director
Location & real-estate footprint
Registered office, Fleurus · 1 establishment unit since 1993
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue des Fabriques(FL) 66220 FleurusGround area
3,714 m²
Building footprint
2,147 m²
Volume, LiDAR
16,252 m³
Parcel 52021C0318/00L008, Wallonia · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
VIP
since 19932.063.978.569
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52021C0318/00L008 | Wallonia | 3,714 m² | 1 · 2,147 m² | 11.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
BioCeriX
BE 0807.873.804
Rumst · Eq €1.32M
Server Storage Solutions
BE 0824.318.668
Nazareth-De Pinte · Eq €1.29M
Abus Belgium
BE 0652.893.538
Hasselt · Eq €1.26M
DM - Line
BE 0454.833.592
Temse · Eq €1.43M
LIFEXA
BE 0721.980.502
Schaarbeek · Eq €1.44M
Of 1,745 companies in sector 46150 we hold annual accounts for 757. 327 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-09-1993
Fiscal year end31-12
Activities, NACEBEL
46150Agents in the wholesale of furniture, household goods and hardware
46431Wholesale of electrical household appliances and audio-video equipment
51150
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.