Liquidity
5.32 was 3.45 in 2024
Short-term debts fell from €42,273 to €24,693.
FIPA
Lifetime
20 annual accounts with figures on one time axis, 32 filings since 1993peak €86,344 (2021)
€22,241unchanged
lowest -€27,359 (2023)
€701▼ 98.3%
peak €548,643 (2025)
€548,643▲ 0.1%
€25,563▼ 40.3%
Board3 names since 2016
-
Owners
89.87%
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Result from €41,258 to €701Debts from €42,843 to €25,563
Key points
from the 2025 annual accountsFilings
32 annual accounts since 1993
Seven of the last ten came late. The 2023 accounts came latest: 71 days after the end of the period.
Position in the sector
95.5%
Higher solvency than 95% of companies in real estate. Sector median 28.9% · 17,199 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 14,766 companies had the same profile as FIPA has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 14,766 companies, not a prediction for FIPA. 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.
Credit verdict
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Signals
Board and ownership
last known boardDirector, last mentioned in 2024
Director, until 2024
- 89.87%score equity €197,221 (2025) · 30-09-2025 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0450175416
Change of role: , from manager to statutory director
Appointment: (alternate statutory director) · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 19-12-2023 · Gazette deed
Appointment: (gérant statutaire suppléant)
“La société pourra également organiser des cours de sports (aquagym,fitness...); La gestion dans la plus large…” (deed in French) · General meeting of 05-12-2017 · Gazette deed
Appointment: (manager)
General meeting of 14-11-2016 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FIPA La Hulpe | €574,207 | €22,241 | 95.5% | - |
| GALHAUBAN Nivelles | €696,006 | €24,814 | 58.4% | - |
| IMICHA Lendelede | €588,937 | €22,695 | 56.3% | - |
| DIMARSA Kontich | €557,882 | €20,519 | 80.5% | - |
| PBM Distribution Center Grâce-Hollogne | €618,720 | €22,642 | 35.9% | - |
| DKNI Asse | €606,387 | €20,679 | 6.2% | - |
| BENIMBAR Alken | €536,234 | €24,345 | 27.6% | - |
These companies have the same main activity as FIPA: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €536,000 and €696,000, founded between 1991 and 1994.
Official details
Source: KBO- Status
- Active since 13-05-1993Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housingNACE 68201
- Establishment unit
- 2.276.416.2891310 La Hulpe, since 13-05-1993
- Financial year end
- 31 December
- Peppol
- Reachable since 25-11-2025
Insights on FIPA
FIPA files the micro format. That format states no turnover. The gross margin fell from €40,797 in 2006 to €22,241 in 2025.
The balance sheet grew most from 2019 to 2021 through fixed assets.
holds 89.87% of the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about FIPA
- What is the company number of FIPA?
- The company number of FIPA is 0450.175.416. The VAT number is the same number with BE in front: BE 0450.175.416.
- Where is FIPA based?
- The registered office is at Drève des Lilas 27, 1310 La Hulpe.Company details
- What does FIPA do?
- According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
- What is the legal form of FIPA?
- FIPA is a private limited company (BV).
- When was FIPA founded?
- FIPA was founded on 13-05-1993.
- Is FIPA still active?
- Yes, FIPA is an active enterprise in the KBO register.
- What is the turnover of FIPA?
- The turnover in financial year 2025 is ≈ €60,000. This figure is estimated from the gross margin of €22,241 and 34 comparable companies (NACE 68201). It probably lies between €40,000 and €95,000. It is a rough estimate.Financials
- Is FIPA profitable?
- In financial year 2025, FIPA made a profit of €701.
- Where can I find the annual accounts of FIPA?
- FIPA filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FIPA due?
- FIPA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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