VIPE PROJECTS
ActiveSummary
VIPE PROJECTS has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €220,327 and a net result of €895. Equity is growing by about 20% per year across the filed financial years. Its solvency ranks better than 28% of 9,636 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Equity
- €220,327
- Profit
- €895
Why 86raises risk1 change of registered office in 24 monthslowers riskSize: total assets €1.0mFigures for financial year 2025 (filed 18-03-2026)Sector: Office administrative, office support and other business support activities (NACE 82)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, micro): better than 28% on solvency, 34% on liquidity, 23% on profitability and 41% on growth.
The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 36 days before the deadline; the sector median (NACE 82) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Registered officeRegistered-office move · Power of…
- Weakest financial yearnet €895 ▼96.6%
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result has fallen two years in a row; 2025 is 50% below 2024 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 82, Office administrative, office support and other business support 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, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 4,107 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 98.0% are still going.
- Small
- 10 to 20 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 0.9% |
| 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 4,107 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €160 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,195 | €10,804 | €13,912 | €22,370 | €23,007 | €23,316 | €34,217 | ▲ 46.8% |
| Other operating charges640/8 | - | - | - | €2,658 | €3,318 | €2,515 | €7,051 | ▲ 180% |
| Gross operating margin9900 | €72,109 | €65,524 | €82,104 | €81,508 | €95,923 | €70,231 | €63,314 | ▼ 9.9% |
| Operating profit (loss)9901 | €66,788 | €54,181 | €66,347 | €56,481 | €69,598 | €44,400 | €22,045 | ▼ 50.3% |
| Financial income75/76B | - | - | - | €1,898 | €3 | €0 | €0 | ▼ 100% |
| Recurring financial income75 | €4,325 | €3,531 | €3,479 | €1,898 | €3 | €0 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | - | €4,920 | €4,447 | €7,405 | €20,275 | ▲ 174% |
| Recurring financial charges65 | €162 | €659 | €1,631 | €4,920 | €4,447 | €7,405 | €20,275 | ▲ 174% |
| Profit (loss) for the period before taxes9903 | €70,951 | €57,052 | €68,195 | €53,458 | €65,154 | €36,996 | €1,770 | ▼ 95.2% |
| Income taxes67/77 | €21,289 | €15,334 | €17,712 | €12,636 | €15,878 | €10,366 | €875 | ▼ 91.6% |
| Profit (loss) for the period9904 | €49,662 | €41,719 | €50,482 | €40,822 | €49,276 | €26,630 | €895 | ▼ 96.6% |
| Profit (loss) for the period to be appropriated9905 | €49,662 | €41,719 | €50,482 | €40,822 | €49,276 | €26,630 | €895 | ▼ 96.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.09m | €0.1m | €0.4m | €0.5m | €0.5m | €0.6m | €1.0m | ▲ 77.3% |
| Fixed assets21/28 | €0.01m | €0.05m | €0.4m | €0.4m | €0.4m | €0.5m | €0.9m | ▲ 88.7% |
| Tangible fixed assets22/27 | €0.01m | €0.05m | €0.4m | €0.4m | €0.4m | €0.5m | €0.9m | ▲ 88.7% |
| Land and buildings22 | - | - | - | €0.4m | €0.4m | €0.5m | €0.9m | ▲ 77.5% |
| Plant, machinery and equipment23 | - | - | - | €0.002m | €0.001m | €0.003m | €380 | ▼ 86.4% |
| Furniture and vehicles24 | - | - | - | €0.005m | €0.008m | €0.01m | €0.02m | ▲ 97.5% |
| Leasing and similar rights25 | - | - | - | €0.02m | €0.009m | €0.001m | €0.06m | ▲ 67× |
| Current assets29/58 | €0.08m | €0.08m | €0.04m | €0.05m | €0.07m | €0.09m | €0.1m | ▲ 15.5% |
| Amounts receivable within one year40/41 | €0.05m | €0.07m | €0.04m | €0.04m | €0.07m | €0.04m | €0.05m | ▲ 43.2% |
| Trade receivables40 | - | - | - | €0.005m | €0.04m | €0.04m | €0.05m | ▲ 31.3% |
| Other amounts receivable41 | - | - | - | €0.04m | €0.03m | €0 | €0.004m | - |
| Cash at bank and in hand54/58 | €0.03m | €0.009m | €0.003m | €0.007m | €0.003m | €0.06m | €0.05m | ▼ 8.0% |
| Deferred charges and accrued income490/1 | - | - | - | €0.003m | €0.001m | €0 | €0.004m | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.09m | €0.1m | €0.4m | €0.5m | €0.5m | €0.6m | €1.0m | ▲ 77.3% |
| Equity10/15 | €0.06m | €0.08m | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | ▲ 0.4% |
| Contributions10/11 | €0.02m | - | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.002m | €0.06m | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | ▲ 0.1% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0 | - | - |
| Distributable reserves133 | - | - | - | €0.1m | €0.2m | €0.2m | €0.2m | ▲ 0.1% |
| Profit (loss) carried forward14 | €0.04m | €334 | €0.002m | €0.003m | €0.002m | €0.001m | €0.002m | ▲ 77.6% |
| Amounts payable17/49 | €0.03m | €0.05m | €0.3m | €0.3m | €0.3m | €0.4m | €0.8m | ▲ 123% |
| Amounts payable after more than one year17 | - | €0.02m | €0.3m | €0.3m | €0.2m | €0.2m | €0.6m | ▲ 172% |
| Financial debts170/4 | - | - | - | €0.3m | €0.2m | €0.2m | €0.6m | ▲ 172% |
| Amounts payable within one year42/48 | €0.03m | €0.03m | €0.04m | €0.05m | €0.05m | €0.2m | €0.2m | ▲ 49.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.03m | €0.03m | €0.02m | €0.05m | ▲ 122% |
| Trade debts44 | €0.002m | €303 | €175 | €0.001m | €0.002m | €0.001m | €289 | ▼ 64.9% |
| Suppliers440/4 | - | - | - | €0.001m | €0.002m | €0.001m | €289 | ▼ 64.9% |
| Taxes, remuneration and social security45 | - | - | - | €0.007m | €0.01m | €0.01m | €0.008m | ▼ 27.1% |
| Taxes450/3 | - | - | - | €0.005m | €0.009m | €0.01m | €0.007m | ▼ 29.8% |
| Remuneration and social security454/9 | - | - | - | €0.002m | €0.002m | €0.001m | €0.001m | = |
| Other amounts payable47/48 | - | - | - | €0.009m | €0 | €0.1m | €0.2m | ▲ 42.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €49,662 | €41,719 | €50,482 | €40,822 | €49,276 | €26,630 | €895 | ▼ 96.6% |
| + Depreciation and write-downs630 | €3,195 | €10,804 | €13,912 | €22,370 | €23,007 | €23,316 | €34,217 | ▲ 46.8% |
| Operating cash flow (approximation) | €52,857 | €52,522 | €64,394 | €63,192 | €72,283 | €49,946 | €35,112 | ▼ 29.7% |
| Investment in fixed assets (approximation) | - | -€46,750 | -€375,490 | -€20,157 | -€25,216 | -€113,368 | -€477,308 | ▼ 321% |
| Change in cash | - | -€16,252 | -€6,355 | €4,050 | -€4,083 | €54,367 | -€4,609 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | micro format | 17-03-2026 | 2026-00055822 |
| 30-09-2024 | micro format | 27-03-2025 | 2025-00055801 |
| 30-09-2023 | micro format | 19-03-2024 | 2024-00045490 |
| 30-09-2022 | micro format | 04-04-2023 | 2023-00053269 |
| 30-09-2021 | micro format | 25-03-2022 | 2022-08800317 |
| 30-09-2020 | micro format | 31-03-2021 | 2021-09200077 |
| 30-09-2019 | micro format | 20-03-2020 | 2020-07200143 |
| 30-09-2018 | abbreviated format | 26-03-2019 | 2019-08000188 |
| 30-09-2017 | abbreviated format | 27-03-2018 | 2018-07900034 |
| 30-09-2016 | abbreviated format | 22-03-2017 | 2017-07000019 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Vincent Petre |
|
Owners and capital
Capital and shareholders
- 23-03-2023 Converted to unavailable equity · €18,600
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
History
Acts, filings and financial milestones
15-01
Gazette deed
Registered officeRegistered-office move · Power of attorney3 facts ▸
- Board meeting, 10-12-2025
- Registered-office move, Parijsstraat 28 bus 401, 8430 Middelkerke
- Power of attorney, BV Reyns - De Paepe
23-03
Gazette deed
Resignation: Vincent Pêtre (manager)Reappointment: Vincent Pêtre (director) · Amendment of the articles · Capital conversion8 facts ▸
- General meeting, 13-03-2023
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Name change, VIPE PROJECTS
- Capital
- Director resignation, Vincent Pêtre (manager)
- Director reappointment, Vincent Pêtre (director (not named in the articles))
- Director discharge, Vincent Pêtre
Show earlier events
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 2 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 45044A0618/00B000 | Flanders | 3,472 m² | 1 · 378 m² | 8.1 m · 2 |
| 35011B0180/00P052 | Flanders | 98 m² | 1 · 159 m² | 30.4 m · 10 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De activiteit van makelaar in onroerende goederen,in de meest ruime zin van zijn betekenis; Het verrichten van expertises m.b.t. onroerende…” (deed in Dutch)
16 activities (deed in Dutch)
- De activiteit van makelaar in onroerende goederen,in de meest ruime zin van zijn betekenis.
- Het verrichten van expertises m.b.t. onroerende en roerende goederen.
- Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het oordeelkundig beheer en in stand houden van onroerende goederen,onder meer door verhuring en andere overeenkomsten met derden in verband met hun gebruik en genot.
- De vennootschap mag onder meer onroerende goederen verwerven,laten bouwen,laten opschikken,laten uitrusten. Zij mag onroerende goederen vervreemden met het oog op wederbelegging en opbrengst.
- Het verlenen van dienstprestaties van administratieve,technische,commerciële en bedrijfseconomische aard in de meest uitgebreide betekenis.
- Het verlenen aan bedrijven en particulieren van advies en bijstand en het voeren voor hen van het beleid en het beheer op technisch,commercieel,administratief en bedrijfseconomisch vlak;
- Het organiseren van de administratieve diensten van de ondernemingen,evenals de consult inzake deze organisatie;
- Het organiseren van het aankoop- en verkoopbeleid van de ondernemingen.
- Het ter beschikking stellen van derden onder welke vorm ook van benodigdheden,materiaal,instrumenten,hard- en software;
- Het voorbereiden en uitvoeren in verband met hetgeen voorafgaat aan concrete projecten;
- Het dienstbetoon inzake organisatie en toepassing van de meest verschillende wetgevingen;
- Het ter beschikking stellen van management;
- Het uitoefenen van bedrijfsleiding en het organiseren ervan,alsook het waarnemen van het bestuur op alle niveaus,zowel voor eigen rekening als voor rekening van of in deelneming met derden,van handels-,nijverheids-,of andere ondernemingen,bestaande onder om het even welke vorm,en dit zonder enige beperking;
- Het huren en verhuren en het ter beschikking stellen in gelijk welke vorm aan ondernemingen en verenigingen van materialen,materieel en van installaties;
- De organisatie van en deelname aan manifestaties,tentoonstellingen,evenementen en beurzen allerhande;
- Het handelen als tussenpersoon in de handel,dit zowel voor eigen rekening,in consignatie als op commissie en dit zowel in België als in het buitenland;
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- VIPE PROJECTS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bij enkel besluit” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, bij gebrek bepaling geacht onbepaalde duur, bestuursorgaan” (deed in Dutch)“Vergoeding van bestuurders, vaste of evenredige vergoeding” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Indien nog maar één aandeelhouder kan deze geheel of deel vrij overdragen” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of March at 16:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed