VIP-COM
ActiveSummary
The computed 12-month bankruptcy probability of VIP-COM is 3.0% (moderate). The 2024 annual accounts show negative equity (-€21,967) and a net result of €11,914. Equity is shrinking by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 397 sector peers (fiscal year 2024). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency0=
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 61
Relative position
BE, all sectors
reference
Telecommunications (NACE 61)
about 159% 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 2024Age of the figures
Age of the figures
21 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 397 sector peers (2024).
NBB · sector comparisonPosition among 397 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-10-2025, 69 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
69 d late
2023
92 d late
2022
70 d late
2021
341 d late
2020
283 d late
2019
119 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 162 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
-€21,967▲ 35.2%
2023 · -€33,882
Total assets
€2,034▲ 15.0%
2023 · €1,769
Net result
€11,914▲ 70.5%
2023 · €6,987
Working capital
-€23,149▲ 31.7%
2023 · -€33,882
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 61, Telecommunications, 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
Line20202021202220232024
Operating result-€9,429▼ 199%-€5,000▲ 47.0%€540€6,987▲ 1,193%€11,914▲ 70.5%
Net result-€9,667below the sector's middle half▼ 206%-€5,000below the sector's middle half▲ 48.3%€540within the sector's middle half€6,987within the sector's middle half▲ 1,193%€11,914within the sector's middle half▲ 70.5%
Equity-€36,410below the sector's middle half▼ 36.1%-€41,409below the sector's middle half▼ 13.7%-€40,869below the sector's middle half▲ 1.3%-€33,882below the sector's middle half▲ 17.1%-€21,967below the sector's middle half▲ 35.2%
Total assets€8,456below the sector's middle half▲ 79.3%€9,267below the sector's middle half▲ 9.6%€5,632below the sector's middle half▼ 39.2%€1,769below the sector's middle half▼ 68.6%€2,034below the sector's middle half▲ 15.0%
Debt€44,866▲ 42.6%€50,677▲ 13.0%€46,501▼ 8.2%€35,650▼ 23.3%€24,002▼ 32.7%
Working capital-€36,410below the sector's middle half▼ 36.1%-€41,409below the sector's middle half▼ 13.7%-€40,869below the sector's middle half▲ 1.3%-€33,882below the sector's middle half▲ 17.1%-€23,149below the sector's middle half▲ 31.7%
Solvency-430.6%below the sector's middle half-446.8%below the sector's middle half▼ 16.2pp-725.7%below the sector's middle half▼ 278.8pp
Current ratio0.19below the sector's middle half0.18below the sector's middle half▼ 0.010.12below the sector's middle half▼ 0.06
Return on assets (ROA)-114.3%below the sector's middle half-53.9%below the sector's middle half▲ 60.4pp9.6%within the sector's middle half▲ 63.5pp
above
within
below
the middle half (P25 to P75) of NACE 61, Telecommunications, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 71% above 2023 and is the highest result in the available series.
Balance-sheet composition
Assets €2,034
Fixed assets
€1,181
Current assets
€853
Key figures and ratios
EBITDA
€12,062
Cash flow
€12,062
Debt ≤ 1 year
€24,002▼
2023 · €35,650
Ratios withheld: a balance sheet total of €2,034 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,640 companies that looked in July 2024 the way this one looks now, 2.7% went bankrupt within 24 months and 92% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
2.7%
went bankrupt
4.9%
stopped otherwise
92%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,640 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | €148 | - |
| Other operating charges640/8 | €2,650 | €400 | €3,652 | €3,509 | €4,931 | ▲ 40.5% |
| Gross operating margin9900 | -€6,779 | -€4,600 | €4,192 | €10,496 | €16,993 | ▲ 61.9% |
| Operating profit (loss)9901 | -€9,429 | -€5,000 | €540 | €6,987 | €11,914 | ▲ 70.5% |
| Profit (loss) for the period before taxes9903 | -€9,429 | -€5,000 | €540 | €6,987 | €11,914 | ▲ 70.5% |
| Income taxes67/77 | €238 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€9,667 | -€5,000 | €540 | €6,987 | €11,914 | ▲ 70.5% |
| Profit (loss) for the period to be appropriated9905 | -€9,667 | -€5,000 | €540 | €6,987 | €11,914 | ▲ 70.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8,456 | €9,267 | €5,632 | €1,769 | €2,034 | ▲ 15.0% |
| Fixed assets21/28 | - | - | - | - | €1,181 | - |
| Tangible fixed assets22/27 | - | - | - | - | €1,181 | - |
| Furniture and vehicles24 | - | - | - | - | €1,181 | - |
| Current assets29/58 | €8,456 | €9,267 | €5,632 | €1,769 | €853 | ▼ 51.8% |
| Stocks and contracts in progress3 | €4,103 | €4,103 | €2,863 | - | - | - |
| Stocks30/36 | €4,103 | €4,103 | €2,863 | - | - | - |
| Amounts receivable within one year40/41 | - | €811 | €916 | €916 | - | - |
| Trade receivables40 | - | €280 | - | - | - | - |
| Other amounts receivable41 | - | €531 | €916 | €916 | - | - |
| Cash at bank and in hand54/58 | €4,353 | €4,353 | €1,853 | €853 | €853 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8,456 | €9,267 | €5,632 | €1,769 | €2,034 | ▲ 15.0% |
| Equity10/15 | -€36,410 | -€41,409 | -€40,869 | -€33,882 | -€21,967 | ▲ 35.2% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €36,000 | €36,000 | €36,000 | €36,000 | €36,000 | = |
| Tax-exempt reserves132 | €36,000 | €36,000 | €36,000 | €36,000 | €36,000 | = |
| Profit (loss) carried forward14 | -€91,010 | -€96,009 | -€95,469 | -€88,482 | -€76,567 | ▲ 13.5% |
| Amounts payable17/49 | €44,866 | €50,677 | €46,501 | €35,650 | €24,002 | ▼ 32.7% |
| Amounts payable within one year42/48 | €44,866 | €50,677 | €46,501 | €35,650 | €24,002 | ▼ 32.7% |
| Trade debts44 | €975 | €2,534 | €1,882 | €11,818 | €1,295 | ▼ 89.0% |
| Suppliers440/4 | €975 | €2,534 | €1,882 | €11,818 | €1,295 | ▼ 89.0% |
| Taxes, remuneration and social security45 | €30,109 | €34,354 | €30,830 | €23,833 | €14,176 | ▼ 40.5% |
| Taxes450/3 | €318 | €163 | €789 | €1,272 | - | - |
| Remuneration and social security454/9 | €29,791 | €34,191 | €30,042 | €22,561 | €14,176 | ▼ 37.2% |
| Other amounts payable47/48 | €13,782 | €13,788 | €13,788 | - | €8,531 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,667 | -€5,000 | €540 | €6,987 | €11,914 | ▲ 70.5% |
| + Depreciation and write-downs630 | - | - | - | - | €148 | - |
| Operating cash flow (approximation) | -€9,667 | -€5,000 | €540 | €6,987 | €12,062 | ▲ 72.6% |
| Change in cash | - | €0 | -€2,500 | -€1,000 | €0 | ▲ 100% |
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
08-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 69 days late
2024
31-12
Financial
Highest result since 2018net €11,914 ▲70.5%
Operating result €11,914, net result €11,914, both a record.
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 341 days late
2022
31-12
Financial
Back to profitnet €540
Net result €540 after 3 loss-making years.
10-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 283 days late
2020
31-12
Financial
Weakest financial yearnet -€9,667
Net result drops to -€9,667, the lowest in the series; recovery starts the following year.
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 119 days late
03-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 369 days late
03-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 734 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 426 days late
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 791 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Antwerpen · 2 establishment units since 2007
Ground area
721 m²
Building footprint
665 m²
Volume, LiDAR
5,953 m³
2 parcels, Flanders · tallest building 15.7 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
ROYAL AIR FEZ
since 20072.162.117.825
ROYAL AIR FES
since 20072.162.117.924
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1110/00Y006 | Flanders | 646 m² | 1 · 589 m² | 14.0 m · 3 fl. |
| 11805E0486/00M007 | Flanders | 75 m² | 1 · 75 m² | 15.7 m · 2 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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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,372 companies in sector 61100 we hold annual accounts for 590. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-04-2007
Fiscal year end31-12
Activities, NACEBEL 2025
61100Wired, wireless and satellite telecommunications
E-invoicing
Reachable via Peppol
Peppol ID
0208:0888477339
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.