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FIPAL

Active
Private limited companyfounded 2010active for 16 yearsJules Vincartpark 31, 9220 Hamme (Vl.), BelgiumKBO/BCE: BE 0822.996.401

From the official registers: KBO 15 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

FIPAL has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34,788 and a net result of -€14,237. Equity has been shrinking by about 3.6% per year since 2018. Its solvency ranks better than 44% of 465 sector peers (NACE 28, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Overview

Official details

KBO
Status
Active since 09-02-2010 Normal situation
Legal form
Private limited company
Registered office
Jules Vincartpark 31, 9220 Hamme (Vl.)
Activity
Manufacture of machinery and equipment not elsewhere classified NACE 28299and 1 other
Establishment unit
2.185.560.646 9220 Hamme (Vl.), since 01-02-2010
Financial year end
31 December
Peppol
Reachable since 30-11-2025

Board and ownership

Board

Financial position

63 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.3%
Annual accounts 2025
Gross margin
-€2,804
▲ 57.3%
Loss
€14,237
▼ 26.3%
Equity
€34,788
▼ 29.0%
Total assets
€79,712
▼ 41.2%
Turnover not published (micro format)2025 accounts filed 27 days after the deadline
Filed on 27-08-2026at the National Bank
Score breakdownraises riskLoss of €14,237, the second in a row (financial year 2025)Liquidity: current ratio 1.96, cash €20lowers riskFounded in 2010Size: total assets €79,712Show the evidence

Checked score

Score 2025
63 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 21% of micro companies in machinery and equipment (NACE 28)
Financial strength · tick: 2024
Weak
Solvency 69+8
equity 43.6% of total assets
Liquidity 26-36
short-term debt 47.7% · cash 0.0%
Profitability 0-1
return on assets -17.9%
Bankruptcy probability within 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (979 companies, NACE 28, micro)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.4%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.8%▲ +0.3 percentage points vs 07-2025 09-2025: 2.1%▲ +1.3 percentage points vs 08-2025 10-2025: 2.1%● unchanged vs 09-2025 11-2025: 2.1%● unchanged vs 10-2025 12-2025: 2.1%● unchanged vs 11-2025 01-2026: 2.1%● unchanged vs 12-2025 02-2026: 2.1%● unchanged vs 01-2026 03-2026: 2.1%● unchanged vs 02-2026 04-2026: 2.1%● unchanged vs 03-2026 05-2026: 2.0%▼ -0.1 percentage points vs 04-2026 06-2026: 1.9%▼ -0.1 percentage points vs 05-2026 07-2026: 1.9%● unchanged vs 06-2026 08-2026: 2.8%▲ +0.9 percentage points vs 07-2026highest value 09-2026: 1.3%▼ -1.5 percentage points vs 08-2026 10-2026: 1.3%● unchanged vs 09-2026
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.96 (2.25 in 2024), above the usual 1.5. Short-term debt is 47.7% and cash 0% of total assets. However, 56.4% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 28, micro). It does better than 47% of them on solvency, 17% on liquidity, 5% on profitability and 15% on growth.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
raises risk · Loss of €14,237, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.96, cash €20
NBB · annual accounts
lowers risk · Founded in 2010
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €79,712
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€14,237
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
27 days late
2024
29 days late
2023
26 days late
2022
611 days late
2021
29 days late
2020
30 days late
2019
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 120 days after the deadline. In the sector (NACE 28), the median for financial year 2024 was 11 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 85% of companies in machinery and equipmentsector median €12,508 · 465 companies -€14,237 View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€14,237 View

Documents

Annual accounts at the NBB

All 15 annual accounts

Articles and registers

Key facts about FIPAL

What is the company number of FIPAL?
The company number of FIPAL is 0822.996.401. The VAT number is the same number with BE in front: BE 0822.996.401.
Where is FIPAL based?
The registered office is at Jules Vincartpark 31, 9220 Hamme (Vl.).Company details
What does FIPAL do?
According to the KBO register, the main activity is manufacture of machinery and equipment not elsewhere classified (NACE 28299).
What is the legal form of FIPAL?
The legal form of FIPAL is Private limited company (BV).
When was FIPAL founded?
FIPAL was founded on 09-02-2010.
Is FIPAL still active?
Yes, FIPAL is an active enterprise in the KBO register.
What is the turnover of FIPAL?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is FIPAL profitable?
In financial year 2025, FIPAL made a loss of €14,237.
Where can I find the annual accounts of FIPAL?
FIPAL filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of FIPAL due?
FIPAL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as FIPAL: manufacture of machinery and equipment not elsewhere classified (NACE 28299). They are comparable in size and age: total assets between €15,200 and €124,000, founded between 1998 and 2009.

CompanyTotal assetsGross margin
FIPAL Hamme (Vl.)€79,712-€2,804
Omnitech Deinze€123,950-€21,035
STECK EUROPE Bonheiden€69,372€831
MA.be Heist-op-den-Berg€58,757-€18,732
SOFT TRONICS Zonhoven€117,022€6,864
KINGMECA Faimes€15,227-€11,459
MAX Projects Lebbeke€112,277€21,671
Full comparison

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