DIPIFOR
ActiveSummary
DIPIFOR has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €58k and a net result of €124k. Equity is growing by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 40% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency69▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.82 against 2.0 in 2024; short-term debt: 39.9% and cash: 68.7% of total assets), but 55.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
44.2%
Return on assets
94.8%
Age of the figures
15 mo
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 23-02-2026, 23 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
23 d late
2024
11 d late
2023
5 d late
2022
7 d late
2021
24 d late
2020
24 d late
2019
66 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€58k▲ 2.7%
2024 · €56k
2019: €30klowest in 7 years
2020: €121k▲ +304% vs 2019highest in 7 years
2021: €75k▼ -38.1% vs 2020
2022: €51k▼ -32.0% vs 2021
2023: €40k▼ -21.5% vs 2022
2024: €56k▲ +40.3% vs 2023
2025: €58k▲ +2.7% vs 2024
2019 → 2025
Total assets
€130k▲ 7.4%
2024 · €121k
2019: €199khighest in 7 years
2020: €187k▼ -5.7% vs 2019
2021: €134k▼ -28.3% vs 2020
2022: €117k▼ -13.2% vs 2021lowest in 7 years
2023: €127k▲ +9.1% vs 2022
2024: €121k▼ -4.7% vs 2023
2025: €130k▲ +7.4% vs 2024
2019 → 2025
Net result
€124k▲ 12.4%
2024 · €110k
2019: €108k
2020: €91k▼ -15.6% vs 2019
2021: €77k▼ -15.7% vs 2020lowest in 7 years
2022: €110k▲ +43.0% vs 2021
2023: €96k▼ -12.7% vs 2022
2024: €110k▲ +14.6% vs 2023
2025: €124k▲ +12.4% vs 2024highest in 7 years
2019 → 2025
Working capital
€43k▲ 17.3%
2024 · €37k
2019: €33k
2020: €123k▲ +275% vs 2019highest in 7 years
2021: €76k▼ -38.3% vs 2020
2022: €52k▼ -31.7% vs 2021
2023: €-1k▼ -102% vs 2022lowest in 7 years
2024: €37k▲ +3018% vs 2023
2025: €43k▲ +17.3% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€75k-€51k▼ 32.0%€40k▼ 21.5%€56k▲ 40.3%€58k▲ 2.7%
2021: €75khighest in 5 years
2022: €51k▼ -32.0% vs 2021
2023: €40k▼ -21.5% vs 2022lowest in 5 years
2024: €56k▲ +40.3% vs 2023
2025: €58k▲ +2.7% vs 2024
Operating result€101k-€145k▲ 44.1%€126k▼ 13.1%€145k▲ 14.8%€163k▲ 12.4%
2021: €101klowest in 5 years
2022: €145k▲ +44.1% vs 2021
2023: €126k▼ -13.1% vs 2022
2024: €145k▲ +14.8% vs 2023
2025: €163k▲ +12.4% vs 2024highest in 5 years
Net result€77k-€110k▲ 43.0%€96k▼ 12.7%€110k▲ 14.6%€124k▲ 12.4%
2021: €77klowest in 5 years
2022: €110k▲ +43.0% vs 2021
2023: €96k▼ -12.7% vs 2022
2024: €110k▲ +14.6% vs 2023
2025: €124k▲ +12.4% vs 2024highest in 5 years
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 12% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €130k
Fixed assets
€35k ▼ 26.6%
Current assets
€95k ▲ 29.8%
Equity and liabilities €130k
Equity
€58k ▲ 2.7%
Debt
€73k ▲ 11.3%
Debt's share of the balance-sheet total rises from 53.8% to 55.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€173k▼
2024 · €174k
Cash flow
€134k▼
2024 · €139k
Current ratio
1.82▼
2024 · 2.00
Debt to equity
1.26▲
2024 · 1.16
ROE
214.4%▲
2024 · 196.1%
ROA
94.8%▲
2024 · 90.6%
Interest coverage
116.69▲
2024 · 79.77
Debt ≤ 1 year
€52k▲
2024 · €37k
Debt > 1 year
€21k▼
2024 · €29k
Income taxes
€38k▲
2024 · €33k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€121k€130k▲
Fixed assets21/28€48k€35k▼
Tangible fixed assets22/27€48k€35k▼
Plant, machinery and equipment23€12k€9k▼
Furniture and vehicles24€19k€7k▼
Other tangible fixed assets26€18k€20k▲
Current assets29/58€73k€95k▲
Amounts receivable within one year40/41€6k€5k▼
Trade receivables40€6k€5k▼
Other amounts receivable41€782€758▼
Cash at bank and in hand54/58€66k€90k▲
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€121k€130k▲
Equity10/15€56k€58k▲
Contributions10/11€19k€19k=
Reserves13€37k€39k▲
Tax-exempt reserves132€12k€12k=
Distributable reserves133€25k€27k▲
Amounts payable17/49€65k€73k▲
Amounts payable after more than one year17€29k€21k▼
Financial debts170/4€29k€21k▼
Amounts payable within one year42/48€37k€52k▲
Current portion of amounts payable after more than one year42€8k€8k▲
Trade debts44€1k€5k▲
Suppliers440/4€1k€5k▲
Taxes, remuneration and social security45€27k€39k▲
Taxes450/3€17k€20k▲
Remuneration and social security454/9€10k€19k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€11k▼
Other operating charges640/8€535€417▼
Gross operating margin9900€175k€174k▼
Operating profit (loss)9901€145k€163k▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€143k€161k▲
Income taxes67/77€33k€38k▲
Profit (loss) for the period9904€110k€124k▲
Profit (loss) for the period to be appropriated9905€110k€124k▲
Appropriation of the result
Profit (loss) to be appropriated9906€110k€124k▲
Transfer from equity791/2€9k€122k▲
Transfer to equity691/2€25k€124k▲
To other reserves6921€25k€124k▲
Profit to be distributed694/7€94k€122k▲
Return on contributions (dividend)694€94k€122k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €1k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €6k | €10k | €30k | €11k | ▼ 64.4% |
| Other operating charges640/8 | - | €473 | €620 | €535 | €417 | ▼ 22.1% |
| Gross operating margin9900 | €107k | €152k | €138k | €175k | €174k | ▼ 0.7% |
| Operating profit (loss)9901 | €101k | €145k | €126k | €145k | €163k | ▲ 12.4% |
| Financial income75/76B | - | €3 | - | - | - | - |
| Recurring financial income75 | - | €3 | - | - | - | - |
| Financial charges65/66B | - | €1k | €2k | €2k | €1k | ▼ 32.1% |
| Recurring financial charges65 | €1k | €1k | €2k | €2k | €1k | ▼ 32.1% |
| Profit (loss) for the period before taxes9903 | €99k | €144k | €125k | €143k | €161k | ▲ 13.1% |
| Income taxes67/77 | €22k | €34k | €29k | €33k | €38k | ▲ 15.4% |
| Profit (loss) for the period9904 | €77k | €110k | €96k | €110k | €124k | ▲ 12.4% |
| Profit (loss) for the period to be appropriated9905 | €77k | €110k | €96k | €110k | €124k | ▲ 12.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €134k | €117k | €127k | €121k | €130k | ▲ 7.4% |
| Fixed assets21/28 | €34k | €29k | €72k | €48k | €35k | ▼ 26.6% |
| Tangible fixed assets22/27 | €34k | €29k | €72k | €48k | €35k | ▼ 26.6% |
| Plant, machinery and equipment23 | - | - | €8k | €12k | €9k | ▼ 24.6% |
| Furniture and vehicles24 | - | €2k | €41k | €19k | €7k | ▼ 62.6% |
| Other tangible fixed assets26 | - | €28k | €22k | €18k | €20k | ▲ 9.5% |
| Current assets29/58 | €100k | €87k | €56k | €73k | €95k | ▲ 29.8% |
| Amounts receivable within one year40/41 | €3k | €6k | €6k | €6k | €5k | ▼ 17.4% |
| Trade receivables40 | - | €6k | €5k | €6k | €5k | ▼ 19.4% |
| Other amounts receivable41 | - | €656 | €718 | €782 | €758 | ▼ 3.1% |
| Cash at bank and in hand54/58 | €97k | €81k | €49k | €66k | €90k | ▲ 36.4% |
| Deferred charges and accrued income490/1 | - | - | - | €1k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €134k | €117k | €127k | €121k | €130k | ▲ 7.4% |
| Equity10/15 | €75k | €51k | €40k | €56k | €58k | ▲ 2.7% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €56k | €32k | €21k | €37k | €39k | ▲ 4.1% |
| Tax-exempt reserves132 | - | €12k | €12k | €12k | €12k | = |
| Distributable reserves133 | - | €20k | €9k | €25k | €27k | ▲ 6.2% |
| Amounts payable17/49 | €59k | €66k | €87k | €65k | €73k | ▲ 11.3% |
| Amounts payable after more than one year17 | €35k | €30k | €30k | €29k | €21k | ▼ 28.0% |
| Financial debts170/4 | - | €30k | €30k | €29k | €21k | ▼ 28.0% |
| Amounts payable within one year42/48 | €25k | €36k | €57k | €37k | €52k | ▲ 42.2% |
| Current portion of amounts payable after more than one year42 | - | €5k | €8k | €8k | €8k | ▲ 0.6% |
| Trade debts44 | €4k | €675 | €13k | €1k | €5k | ▲ 283% |
| Suppliers440/4 | - | €675 | €13k | €1k | €5k | ▲ 283% |
| Taxes, remuneration and social security45 | - | €30k | €36k | €27k | €39k | ▲ 42.9% |
| Taxes450/3 | - | €23k | €19k | €17k | €20k | ▲ 18.9% |
| Remuneration and social security454/9 | - | €7k | €17k | €10k | €19k | ▲ 82.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €77k | €110k | €96k | €110k | €124k | ▲ 12.4% |
| + Depreciation and write-downs630 | €6k | €6k | €10k | €30k | €11k | ▼ 64.4% |
| Operating cash flow (approximation) | €82k | €116k | €106k | €139k | €134k | ▼ 3.9% |
| Investment in fixed assets (approximation) | - | €-1k | €-53k | €-6k | €2k | ▲ 139% |
| Change in cash | - | €-16k | €-32k | €16k | €24k | ▲ 47.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 23 days late
2025
30-06
Financial
Highest result since 2019net €124k ▲12.4%
Operating result €163k, net result €124k, both a record.
11-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
30-06
Financial
Liquidity doublescurrent ratio 2.00
Current ratio from 0.98 to 2.00; short-term debt falls from €57k to €37k.
05-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 5 days late
2023
07-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 7 days late
2022
24-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
30-06
Financial
Weakest financial yearnet €77k ▼15.7%
Net result drops to €77k, the lowest in the series; recovery starts the following year.
24-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
30-06
Financial
Liquidity quadruplescurrent ratio 5.57
Current ratio from 1.26 to 5.57; short-term debt falls from €125k to €27k.
30-06
Financial
Equity above €100kEq €121k ▲304%
2 profitable years in a row build equity to €121k.
2019
26-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2018
26-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
15-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
25-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Genappe · 1 establishment unit since 2013
Ground area
918 m²
Building footprint
68 m²
Volume, LiDAR
354 m³
Parcel 25003M0254/00C000, Wallonia · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Square du Lion 3, 1470 Genappe
since 20132.224.374.009
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25003M0254/00C000 | Wallonia | 918 m² | 1 · 68 m² | 6.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
ARTPOLE
BE 0871.400.290
Watermaal-Bosvoorde · Eq €57,610
LORU
BE 1026.113.708
Beernem · Eq €57,609
VANDEKERCKHOVE & CO HR & TECH
BE 0784.462.259
Hasselt · Eq €57,608
EMAV
BE 1013.923.380
Kapellen · Eq €57,615
Vimes
BE 0728.881.457
Antwerpen · Eq €57,615
Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 38,798 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-10-2013
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.