Equity
VIPO has made a profit in every financial year since 2016.
VIPO has made a profit in every financial year since 2016.
The last five annual accounts were filed 0 to 45 days before the end of the period.
More equity than 85% of companies in office administrative support. Sector median €54,787 · 10,268 companies.
In July 2024, 17,811 companies had the same profile as VIPO has now. Each dot stands for 45 companies, two years later.
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,811 companies, not a prediction for VIPO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| VIPO Lede | €603,928 | €143,848 | 47.5% | - |
| SCHELDEMAN-LENAERS PROJECTS Oudenaarde | €546,406 | €158,396 | 35.5% | - |
| BLACKFISK Ghent | €564,889 | €162,867 | 2.4% | 2.6 |
| JUVICON Ghent | €623,136 | €174,737 | 66.8% | - |
| IVO FROONINCKX Puurs-Sint-Amands | €568,323 | €140,802 | 91.3% | - |
| MYATT Waregem | €599,721 | €139,322 | 34.1% | - |
| Happy Nuyens Antwerp | €632,722 | €168,154 | 75.4% | - |
These companies have the same main activity as VIPO: other business support services (NACE 82990). They are comparable in size and age: total assets between €546,000 and €633,000, founded between 2014 and 2016.
VIPO files the micro format. That format states no turnover. The gross margin rose from €74,307 in 2016 to €143,848 in 2025.
The balance sheet grew most from 2018 to 2019 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €220,000. Estimated: probably between €170,000 and €300,000.
Higher than 48% of 10,256 companies in 2025.
Higher than 58% of 9,838 companies in 2025.
Higher than 44% of 9,980 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
603,928 | 592,885 | 494,686 | 446,694 | 455,044 | 421,551 | 431,696 | 254,331 | 236,351 | 267,489 | |
21/28 |
407,431 | 429,323 | 344,705 | 357,802 | 376,271 | 370,452 | 373,080 | 228,636 | 213,479 | 217,917 | |
22/27 |
407,431 | 429,323 | 344,705 | 357,802 | 376,271 | 370,452 | 373,080 | 228,636 | 213,479 | 217,917 | |
22 |
266,973 | 288,352 | 309,313 | 325,774 | 350,908 | 302,964 | 320,949 | 165,504 | 175,715 | 173,519 | |
23 |
3,771 | 3,605 | 2,226 | 2,996 | 2,523 | 283 | 566 | 1,104 | 1,642 | - | |
24 |
136,687 | 137,366 | 33,166 | 29,032 | 22,839 | 67,206 | 51,566 | 62,028 | 36,123 | 44,398 | |
29/58 |
196,497 | 163,562 | 149,980 | 88,892 | 78,773 | 51,098 | 58,615 | 25,695 | 22,872 | 49,572 | |
40/41 |
41,762 | 35,744 | 38,292 | 34,759 | 27,804 | 23,009 | 25,691 | 16,448 | 17,599 | 16,371 | |
40 |
37,315 | 34,472 | 35,907 | 30,720 | 26,835 | 19,940 | 19,300 | 16,444 | 17,599 | 16,370 | |
41 |
4,448 | 1,273 | 2,385 | 4,039 | 969 | 3,069 | 6,391 | 5 | - | 1 | |
50/53 |
0 | 50,000 | - | - | - | - | - | - | - | - | |
54/58 |
150,100 | 73,373 | 108,328 | 47,651 | 49,646 | 25,709 | 31,039 | 7,489 | 3,628 | 31,423 | |
490/1 |
4,634 | 4,444 | 3,360 | 6,482 | 1,324 | 2,381 | 1,886 | 1,758 | 1,645 | 1,778 | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
603,928 | 592,885 | 494,686 | 446,694 | 455,044 | 421,551 | 431,696 | 254,331 | 236,351 | 267,489 | |
10/15 |
287,117 | 249,972 | 186,291 | 111,430 | 96,815 | 54,068 | 49,057 | 38,801 | 37,732 | 26,682 | |
10/11 |
20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
100 |
- | - | - | - | - | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
13 |
267,117 | 229,972 | 166,291 | 90,361 | 75,747 | 32,999 | 27,989 | 17,732 | 17,732 | 6,682 | |
130/1 |
2,000 | 2,000 | 2,000 | 2,000 | 2,000 | - | - | - | - | - | |
130 |
- | - | - | - | - | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | |
1311 |
2,000 | 2,000 | 2,000 | 2,000 | 2,000 | - | - | - | - | - | |
133 |
265,117 | 227,972 | 164,291 | 88,361 | 73,747 | 30,999 | 25,989 | 15,732 | 15,732 | 4,682 | |
14 |
0 | 0 | 0 | 1,068 | 1,068 | 1,068 | 1,068 | 1,068 | - | - | |
17/49 |
316,811 | 342,913 | 308,394 | 335,264 | 358,229 | 367,483 | 382,639 | 215,530 | 198,619 | 240,807 | |
17 |
235,241 | 268,740 | 251,190 | 284,690 | 301,718 | 310,845 | 313,527 | 177,505 | 156,143 | 180,325 | |
170/4 |
235,241 | 268,740 | 251,190 | 284,690 | 301,718 | 310,845 | 313,527 | 177,505 | 156,143 | 180,325 | |
42/48 |
81,570 | 74,173 | 57,204 | 49,887 | 56,511 | 55,925 | 68,411 | 37,575 | 41,826 | 59,041 | |
42 |
55,433 | 49,460 | 33,499 | 33,048 | 39,483 | 46,226 | 37,605 | 29,408 | 24,182 | 23,718 | |
43 |
5,136 | 3,082 | 3,060 | 3,052 | - | - | - | - | - | - | |
430/8 |
5,136 | 3,082 | 3,060 | 3,052 | - | - | - | - | - | - | |
44 |
11,155 | 4,048 | 2,246 | 1,764 | 881 | 1,997 | 632 | 986 | 2,881 | 17,335 | |
440/4 |
11,155 | 4,048 | 2,246 | 1,764 | 881 | 1,997 | 632 | 986 | 2,881 | 17,335 | |
45 |
9,839 | 17,125 | 16,313 | 9,102 | 11,944 | 3,212 | 3,538 | 6,571 | 13,371 | 16,177 | |
450/3 |
9,839 | 17,125 | 16,313 | 9,102 | 11,944 | 3,212 | 3,538 | 3,164 | 10,032 | 12,841 | |
454/9 |
- | - | - | - | - | - | - | 3,408 | 3,340 | 3,336 | |
47/48 |
7 | 457 | 2,086 | 2,922 | 4,202 | 4,490 | 26,636 | 609 | 1,391 | 1,811 | |
492/3 |
- | - | 0 | 687 | - | 713 | 700 | 450 | 650 | 1,441 | |
| Income statement | |||||||||||
9900 |
143,848 | 145,637 | 167,616 | 84,449 | 115,269 | 65,227 | 90,869 | 43,718 | 49,859 | 74,307 | |
630 |
65,201 | 43,502 | 32,892 | 44,248 | 41,068 | 42,265 | 41,760 | 29,052 | 25,628 | 57,444 | |
640/8 |
4,648 | 4,466 | 4,147 | 3,509 | 7,002 | 3,840 | 21,225 | 9,982 | 836 | 2,463 | |
9901 |
73,999 | 97,669 | 130,576 | 36,692 | 67,199 | 19,122 | 27,885 | 4,683 | 23,394 | 14,400 | |
75/76B |
1,227 | 1 | 19 | 0 | 10 | 23 | - | 7 | 60 | 3 | |
75 |
1,227 | 1 | 19 | 0 | 10 | 23 | - | 7 | 60 | 3 | |
65/66B |
7,179 | 6,894 | 5,302 | 5,780 | 5,155 | 8,698 | 5,499 | 3,622 | 3,694 | 2,361 | |
65 |
7,179 | 6,894 | 5,302 | 5,780 | 5,155 | 8,698 | 5,499 | 3,622 | 3,694 | 2,361 | |
9903 |
68,047 | 90,776 | 125,294 | 30,913 | 62,054 | 10,448 | 22,386 | 1,068 | 19,760 | 12,042 | |
67/77 |
20,645 | 27,096 | 38,313 | 10,016 | 19,306 | 5,437 | 10,529 | - | 8,710 | 5,360 | |
9904 |
47,402 | 63,681 | 86,981 | 20,896 | 42,747 | 5,011 | 11,856 | 1,068 | 11,051 | 6,682 | |
9905 |
47,402 | 63,681 | 86,981 | 20,896 | 42,747 | 5,011 | 11,856 | 1,068 | 11,051 | 6,682 | |
| Appropriation of the result | |||||||||||
9906 |
47,402 | 63,681 | 88,049 | 21,965 | 43,816 | 6,079 | 12,925 | 1,068 | 11,051 | 6,682 | |
14P |
- | 0 | 1,068 | 1,068 | - | - | - | - | - | - | |
791/2 |
10,256 | 0 | 11,051 | 4,682 | - | - | - | - | - | - | |
691/2 |
47,402 | 63,681 | 86,981 | 19,296 | 42,747 | 5,011 | 10,256 | - | 11,051 | 6,682 | |
6920 |
- | - | - | - | - | - | - | - | - | 2,000 | |
6921 |
47,402 | 63,681 | 86,981 | 19,296 | 42,747 | 5,011 | 10,256 | - | 11,051 | 4,682 | |
694/7 |
10,256 | 0 | 12,119 | 6,282 | - | - | 1,600 | - | - | - | |
694 |
10,256 | 0 | 12,119 | 6,282 | - | - | 1,600 | - | - | - | |
| Document | |||||||||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 13-01-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 13-01-2026 | 2026-00006685 | |
| 30-06-2024 | micro format | 16-01-2025 | 2025-00005575 | |
| 30-06-2023 | micro format | 31-01-2024 | 2024-00020718 | |
| 30-06-2022 | micro format | 30-01-2023 | 2023-00018702 | |
| 30-06-2021 | micro format | 17-12-2021 | 2021-80600007 | |
| 30-06-2020 | micro format | 29-01-2021 | 2021-02800408 | |
| 30-06-2019 | micro format | 31-01-2020 | 2020-03600315 | |
| 30-06-2018 | micro format | 21-01-2019 | 2019-01800178 | |
| 30-06-2017 | micro format | 26-01-2018 | 2018-02500061 | |
| 30-06-2016 | abbreviated format | 16-01-2017 | 2017-01500382 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 139,200 | 141,171 | 163,469 | 80,940 | 108,267 | 61,387 | 69,644 | 33,735 | 49,022 | 71,845 | ||
| 112,603 | 107,183 | 119,873 | 65,144 | 83,816 | 47,275 | 53,616 | 30,120 | 36,679 | 64,126 | ||
| 43,309 | 128,121 | 19,796 | 25,779 | 76,152 | 41,734 | 186,204 | 65,360 | 21,190 | 274,361 | ||
| 76,727 | -34,955 | 60,677 | -1,995 | 23,937 | -5,330 | 23,550 | 3,861 | -27,795 | - | ||
| 114,927 | 89,389 | 92,777 | 39,005 | 22,262 | -4,827 | -9,796 | -11,880 | -18,954 | -9,468 | ||
| 47.5% | 42.2% | 37.7% | 24.9% | 21.3% | 12.8% | 11.4% | 15.3% | 16.0% | 10.0% | ||
| 2.41 | 2.21 | 2.62 | 1.78 | 1.39 | 0.91 | 0.86 | 0.68 | 0.55 | 0.84 | ||
| 1.10 | 1.37 | 1.66 | 3.01 | 3.70 | 6.80 | 7.80 | 5.55 | 5.26 | 9.03 | ||
| 16.5% | 25.5% | 46.7% | 18.8% | 44.2% | 9.3% | 24.2% | 2.8% | 29.3% | 25.0% | ||
| 7.8% | 10.7% | 17.6% | 4.7% | 9.4% | 1.2% | 2.7% | 0.4% | 4.7% | 2.5% | ||
| 19.39 | 20.48 | 30.83 | 14.00 | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €43,309 | €128,121 | €19,796 | €25,779 |
| €65,201 | €43,502 | €32,892 | €44,248 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 24% lower than in 2024 and the lowest since 2022. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 57.8% to 52.5%. Equity is higher and debt is lower.
VIPO has no parent and no holdings in its annual accounts. is the only director. VIPO shares no director with another company.
Deadline for the 2026 accounts: 31-01-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Speurtstraat 117 registered office 9340 Lede | 06-02-2015 | 2.241.839.650 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 41052A0221/00L000 | 1,249 m² | 1 · 96 m² | 7.4 m · 2 |
If something looks wrong or is missing, please tell us.