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VIP PRO CONSTRUCT

Active
Private limited companyfounded 2023active for 3 yearsZ. 3 Doornveld 171, 1731 Asse, Belgium17 active companies are registered at this addressKBO/BCE: BE 0801.604.634
Summary

The computed 12-month bankruptcy probability of VIP PRO CONSTRUCT is 14.3% (high). The 2024 annual accounts show equity of €38,563 and a net result of €24,240. Its solvency ranks better than 95% of 7,408 sector peers (NACE 43, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries (see administrative flags).

Financials · financial year 2024, abbreviated format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 23 October 2026.

Turnover
€72,656▼ 45.3%
2023 · €132,862
EBIT margin
38.6%▲ 28.6pp
2023 · 10.0%
Net result
€24,240▲ 81.9%
2023 · €13,323
Working capital
Not included in this filing
Trend over the years

2023 to 2024, 2 financial years

The operating result rises in 2024; 2024 is 111% above 2023.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€72,656 2024 Operating result€28,060 2024 Net result€24,240 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Solvency, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20232024
Turnover€132,862-€72,656▼ 45.3%
Operating result€13,323-€28,060▲ 111%
Net result€13,323within the sector's middle half-€24,240within the sector's middle half▲ 81.9%
EBIT margin10.0%-38.6%▲ 28.6pp
Equity€14,323below the sector's middle half-€38,563below the sector's middle half▲ 169%
Total assets€14,323below the sector's middle half-€38,563below the sector's middle half▲ 169%
Solvency100.0%above the sector's middle half-100.0%above the sector's middle half=
Return on assets (ROA)93.0%above the sector's middle half-62.9%above the sector's middle half▼ 30.2pp
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €38,563
Fixed assets €2,700 ▼ 25.0%
Current assets €35,863 ▲ 234%
Key figures and ratios
2024 value · change against 2023
EBITDA
€28,960▲
2023 · €14,223
Cash flow
€25,140▲
2023 · €14,223
ROE
62.9%▼
2023 · 93.0%
Interest coverage
7.24
Staff costs
€28,000▲
2023 · €27,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 14.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 39,278 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 28 lines
Balance sheet Code20232024
Assets
Total assets20/58€14,323€38,563▲
Fixed assets21/28€3,600€2,700▼
Tangible fixed assets22/27€3,600€2,700▼
Plant, machinery and equipment23€3,600€2,700▼
Current assets29/58€10,723€35,863▲
Cash at bank and in hand54/58€10,723€35,863▲
Equity and liabilities
Total equity and liabilities10/49€14,323€38,563▲
Equity10/15€14,323€38,563▲
Contributions10/11€1,000€1,000=
Capital10€1,000€1,000=
Issued capital100€1,000€1,000=
Profit (loss) carried forward14€13,323€37,563▲
Income statement Code20232024
Turnover70€132,862€72,656▼
Goods, raw materials, services and sundry goods60/61€91,639€15,637▼
Remuneration, social security and pensions62€27,000€28,000▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€900€900=
Other operating charges640/8-€59
Gross operating margin9900€41,223€57,019▲
Operating profit (loss)9901€13,323€28,060▲
Financial income75/76B-€180
Recurring financial income75-€180
Financial charges65/66B-€4,000
Recurring financial charges65-€4,000
Profit (loss) for the period before taxes9903€13,323€24,240▲
Profit (loss) for the period9904€13,323€24,240▲
Profit (loss) for the period to be appropriated9905€13,323€24,240▲
Appropriation of the result
Profit (loss) to be appropriated9906€13,323€37,563▲
Profit (loss) brought forward from the previous period14P-€13,323

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Turnover70€132,862€72,656▼ 45.3%
Goods, raw materials, services and sundry goods60/61€91,639€15,637▼ 82.9%
Remuneration, social security and pensions62€27,000€28,000▲ 3.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€900€900=
Other operating charges640/8-€59-
Gross operating margin9900€41,223€57,019▲ 38.3%
Operating profit (loss)9901€13,323€28,060▲ 111%
Financial income75/76B-€180-
Recurring financial income75-€180-
Financial charges65/66B-€4,000-
Recurring financial charges65-€4,000-
Profit (loss) for the period before taxes9903€13,323€24,240▲ 81.9%
Profit (loss) for the period9904€13,323€24,240▲ 81.9%
Profit (loss) for the period to be appropriated9905€13,323€24,240▲ 81.9%
Line20232024Change
Assets
Total assets20/58€14,323€38,563▲ 169%
Fixed assets21/28€3,600€2,700▼ 25.0%
Tangible fixed assets22/27€3,600€2,700▼ 25.0%
Plant, machinery and equipment23€3,600€2,700▼ 25.0%
Current assets29/58€10,723€35,863▲ 234%
Cash at bank and in hand54/58€10,723€35,863▲ 234%
Equity and liabilities
Total equity and liabilities10/49€14,323€38,563▲ 169%
Equity10/15€14,323€38,563▲ 169%
Contributions10/11€1,000€1,000=
Capital10€1,000€1,000=
Issued capital100€1,000€1,000=
Profit (loss) carried forward14€13,323€37,563▲ 182%
Line20232024Change
Profit (loss) for the period9904€13,323€24,240▲ 81.9%
+ Depreciation and write-downs630€900€900=
Operating cash flow (approximation)€14,223€25,140▲ 76.8%
Investment in fixed assets (approximation)-€0-
Change in cash-€25,140-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2024 abbreviated format 08-06-2026 2026-00157847
31-12-2023 abbreviated format 08-06-2026 2026-00157994

Similar companies · same sector, comparable size

Of the 10,934 active companies whose main activity is bricklaying and masonry work (NACE 43910), figures are known for 5,493. 4,560 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.