VIPA
ActiveThe computed 12-month bankruptcy probability of VIPA is 2.2% (moderate). The 2024 annual accounts show equity of €234k and a net result of €72k. Equity is growing by ~37.1% per year across the filed fiscal years. Its solvency ranks better than 47% of 36375 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability86▲+6
Solvency69▼-31
Growth78=
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 1.77 against 6.2 in 2023; short-term debt: 55.8% and cash: 4.8% of total assets), but 55.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
1 d early
2023
4 d early
2022
7 d early
2021
4 d early
2020
3 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€234k▲ 44.1%
2023 · €162k
2020: €15k
2021: €67k
2022: €145k
2023: €162k
2020 → 2024
Total assets
€529k▲ 177%
2023 · €191k
2020: €112k
2021: €186k
2022: €289k
2023: €191k
2020 → 2024
Net result
€72k▲ 320%
2023 · €17k
2020: €10k
2021: €53k
2022: €78k
2023: €17k
2020 → 2024
Working capital
€228k▲ 51.0%
2023 · €151k
2020: €-14k
2021: €45k
2022: €130k
2023: €151k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€15k-€67k▲ 364%€145k▲ 115%€162k▲ 11.7%€234k▲ 44.1%
Operating result€12k-€66k▲ 467%€99k▲ 48.7%€22k▼ 77.6%€91k▲ 311%
Net result€10k-€53k▲ 455%€78k▲ 47.1%€17k▼ 78.1%€72k▲ 320%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 311% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €529k
Fixed assets
€6k▼ 49.7%
Current assets
€524k▲ 191%
Equity and liabilities €529k
Equity
€234k▲ 44.1%
Debt
€295k▲ 915%
The debt ratio rises from 15.2% to 55.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€97k▲
2023 · €31k
Cash flow
€77k▲
2023 · €26k
Solvency
44.2%▼
2023 · 84.8%
Current ratio
1.77▼
2023 · 6.20
Quick ratio
0.20▼
2023 · 3.98
Debt / equity
1.26▲
2023 · 0.18
ROE
30.6%▲
2023 · 10.5%
ROA
13.5%▲
2023 · 8.9%
Interest coverage
561.80▲
2023 · 246.13
Debt
€295k▲
2023 · €29k
Debt ≤ 1 year
€295k▲
2023 · €29k
Income taxes
€19k▲
2023 · €5k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€191k€529k▲
Fixed assets21/28€11k€6k▼
Tangible fixed assets22/27€11k€6k▼
Plant, machinery and equipment23€6k€4k▼
Furniture and vehicles24€6k€2k▼
Current assets29/58€180k€524k▲
Stocks and contracts in progress3€65k€465k▲
Contracts in progress37€65k€465k▲
Amounts receivable within one year40/41€71k€32k▼
Trade receivables40€10k€29k▲
Other amounts receivable41€60k€3k▼
Cash at bank and in hand54/58€43k€25k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€191k€529k▲
Equity10/15€162k€234k▲
Contributions10/11€5k€5k=
Reserves13€140k€140k=
Distributable reserves133€140k€140k=
Profit (loss) carried forward14€17k€89k▲
Amounts payable17/49€29k€295k▲
Amounts payable within one year42/48€29k€295k▲
Trade debts44€16k€29k▲
Suppliers440/4€16k€29k▲
Taxes, remuneration and social security45€223€8k▲
Taxes450/3€223€8k▲
Other amounts payable47/48€12k€259k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€6k▼
Other operating charges640/8€933€1k▲
Gross operating margin9900€32k€98k▲
Operating profit (loss)9901€22k€91k▲
Financial charges65/66B€125€172▲
Recurring financial charges65€125€172▲
Profit (loss) for the period before taxes9903€22k€91k▲
Income taxes67/77€5k€19k▲
Profit (loss) for the period9904€17k€72k▲
Profit (loss) for the period to be appropriated9905€17k€72k▲
Appropriation of the result
Profit (loss) to be appropriated9906€17k€89k▲
Profit (loss) brought forward from the previous period14P-€17k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €234k ▲44.1%
5 profitable years in a row build equity to €234k.
27-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 6.20
Current ratio from 1.90 to 6.20; short-term debt falls from €144k to €29k.
31-12
Financial
Equity above €150kEq €162k ▲11.7%
4 profitable years in a row build equity to €162k.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2020net €78k ▲47.1%
Operating result €99k, net result €78k, both a record.
31-12
Financial
Equity above €100kEq €145k ▲115%
3 profitable years in a row build equity to €145k.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
03-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Herent · 1 establishment unit since 2019
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.
Lipselaan 473020 HerentGround area
877 m²
Building footprint
199 m²
Parcel 24127B0027/00W000, Flanders. Linked by address, not a title deed.
1 establishment unit
VIPA
since 20192.296.972.569
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24127B0027/00W000 | Flanders | 877 m² | 1 · 199 m² | 0.0 m |
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
DK ZINK
BE 0892.952.009
Izegem · Eq €234k
HERREMAN KOEN
BE 0829.864.197
Ardooie · Eq €234k
OVG PROJECTS
BE 0761.558.975
Antwerpen · Eq €233k
TOM VANRENTERGHEM
BE 0899.307.586
Zedelgem · Eq €235k
ATRS
BE 0474.330.988
Braine-l'Alleud · Eq €233k
Of 7,036 companies in sector 43221 we hold annual accounts for 3,468. 2,809 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-12-2019
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:Pieter_de_Becker@hotmail.com