VIP CONSTRUCT
ActiveVIP CONSTRUCT has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35k and a net result of €7k. Equity is growing by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 29% of 7391 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▲+3
Solvency49▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.24 against 1.09 in 2024; short-term debt: 66.7% and cash: 31.6% of total assets), and 76.1% of the assets are financed with debt.
Credit advice for your own amount and term
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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-03-2026, 30 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
30 d late
2024
2 d late
2023
3 d early
2022
2 d early
2021
on the day
2020
26 d late
2019
11 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€35k▲ 25.7%
2024 · €28k
2019: €19k
2020: €19k
2021: €19k
2022: €24k
2023: €23k
2024: €28k
2019 → 2025
Total assets
€146k▼ 31.6%
2024 · €214k
2019: €133k
2020: €81k
2021: €118k
2022: €129k
2023: €180k
2024: €214k
2019 → 2025
Net result
€7k▲ 42.2%
2024 · €5k
2019: €-6k
2020: €252
2021: €-435
2022: €5k
2023: €-1k
2024: €5k
2019 → 2025
Working capital
€24k▲ 57.2%
2024 · €15k
2019: €19k
2020: €15k
2021: €15k
2022: €19k
2023: €4k
2024: €15k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€19k-€24k▲ 29.5%€23k▼ 5.6%€28k▲ 22.1%€35k▲ 25.7%
Operating result€7k-€11k▲ 49.8%€5k▼ 59.3%€14k▲ 218%€15k▲ 5.5%
Net result€-435-€5k€-1k€5k€7k▲ 42.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 6% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €146k
Fixed assets
€25k▼ 28.8%
Current assets
€121k▼ 32.2%
Equity and liabilities €146k
Equity
€35k▲ 25.7%
Debt
€111k▼ 40.2%
The debt ratio falls from 87.0% to 76.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€27k▲
2024 · €26k
Cash flow
€19k▲
2024 · €16k
Solvency
23.9%▲
2024 · 13.0%
Current ratio
1.24▲
2024 · 1.09
Quick ratio
1.24▲
2024 · 1.09
Debt / equity
3.19▼
2024 · 6.70
ROE
20.5%▲
2024 · 18.1%
ROA
4.9%▲
2024 · 2.3%
Interest coverage
15.68▲
2024 · 6.70
Debt
€111k▼
2024 · €186k
Debt ≤ 1 year
€97k▼
2024 · €163k
Debt > 1 year
€14k▼
2024 · €22k
Income taxes
€6k▲
2024 · €6k
Staff costs
€579▲
2024 · €404
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€214k€146k▼
Fixed assets21/28€35k€25k▼
Tangible fixed assets22/27€31k€21k▼
Furniture and vehicles24€31k€21k▼
Financial fixed assets28€4k€4k=
Current assets29/58€178k€121k▼
Amounts receivable within one year40/41€172k€75k▼
Trade receivables40€154k€56k▼
Other amounts receivable41€18k€18k▲
Cash at bank and in hand54/58€6k€46k▲
Equity and liabilities
Total equity and liabilities10/49€214k€146k▼
Equity10/15€28k€35k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€7k€14k▲
Amounts payable17/49€186k€111k▼
Amounts payable after more than one year17€22k€14k▼
Financial debts170/4€22k€14k▼
Amounts payable within one year42/48€163k€97k▼
Current portion of amounts payable after more than one year42€10k€9k▼
Trade debts44€131k€50k▼
Suppliers440/4€131k€50k▼
Advances received on contracts in progress46-€7k
Taxes, remuneration and social security45€10k€11k▲
Taxes450/3€10k€11k▲
Other amounts payable47/48€12k€20k▲
Income statement
Code20242025
Remuneration, social security and pensions62€404€579▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▲
Other operating charges640/8€1k€3k▲
Gross operating margin9900€27k€30k▲
Operating profit (loss)9901€14k€15k▲
Financial charges65/66B€4k€2k▼
Recurring financial charges65€4k€2k▼
Profit (loss) for the period before taxes9903€11k€13k▲
Income taxes67/77€6k€6k▲
Profit (loss) for the period9904€5k€7k▲
Profit (loss) for the period to be appropriated9905€5k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€14k▲
Profit (loss) brought forward from the previous period14P€2k€7k▲
The notes to these accounts (7 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
02-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
30-06
Financial
Highest result since 2019net €7k ▲42.2%
Operating result €15k, net result €7k, both a record.
02-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 2 days late
2024
30-06
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
28-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
30-06
Financial
Back to profitnet €252
Net result €252 after one loss-making year.
20-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
27-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Braine-l'Alleud · 1 establishment unit since 2011
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.
Av Grande Closière 121428 Braine-l'Alleud1 establishment unit
VIP Construct
since 20112.197.348.027
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,039. 12,656 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-02-2011
Fiscal year end30-06
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filings
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.