I.E.P.
ActiveSummary
I.E.P. has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €151,718 and a net result of €3,203. Equity remains stable across the filed financial years (±2.1% per year). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €151,718
- Profit
- €3,203
Why 95lowers riskSize: total assets €168,121Founded in 1994Equity €151,718 (90.2% of total assets)No main activity registeredShow the evidence
Checked score
Fewer than 1 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 (no NACE code, micro): better than 81% on solvency, 52% on liquidity, 51% on profitability and 55% on growth.
The bankruptcy probability was computed on 26-10-2026 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 44 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2026 · abbreviated…
- Equity above €150,000equity €151,718 ▲2.2%
- Annual accounts filedfinancial year 2025 · abbreviated…
Financials · financial year 2026, abbreviated format
2022 to 2026, 5 financial years 2019 to 2026, 8 financial years
The operating result returns to profit in 2026: €234 after a loss of €601 in 2025.
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.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 17,042 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.3% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- 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 0.1% 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 497,475 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 17,042 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 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,740 | €12,097 | €10,261 | €7,593 | €7,269 | €6,714 | €7,402 | €6,347 | ▼ 14.2% |
| Other operating charges640/8 | - | - | - | €5,465 | €5,580 | €6,134 | €6,310 | €6,496 | ▲ 3.0% |
| Gross operating margin9900 | €10,443 | €20,974 | €10,316 | €16,581 | €14,055 | €14,253 | €13,111 | €13,078 | ▼ 0.2% |
| Operating profit (loss)9901 | -€5,988 | €4,103 | -€5,374 | €3,523 | €1,205 | €1,405 | -€601 | €234 | - |
| Financial income75/76B | - | - | - | €2,638 | €3,545 | €3,137 | €3,838 | €3,914 | ▲ 2.0% |
| Recurring financial income75 | €330 | €517 | €2,294 | €2,638 | €3,545 | €3,137 | €3,838 | €3,914 | ▲ 2.0% |
| Financial charges65/66B | - | - | - | €99 | €80 | €74 | €74 | €75 | ▲ 1.1% |
| Recurring financial charges65 | €39 | €39 | €63 | €99 | €80 | €74 | €74 | €75 | ▲ 1.1% |
| Profit (loss) for the period before taxes9903 | -€5,698 | €4,581 | -€3,143 | €6,063 | €4,671 | €4,468 | €3,162 | €4,072 | ▲ 28.8% |
| Income taxes67/77 | - | - | - | - | €866 | €954 | €689 | €869 | ▲ 26.1% |
| Profit (loss) for the period9904 | -€5,698 | €4,581 | -€3,143 | €6,063 | €3,805 | €3,514 | €2,473 | €3,203 | ▲ 29.5% |
| Profit (loss) for the period to be appropriated9905 | -€5,698 | €4,581 | -€3,143 | €6,063 | €3,805 | €3,514 | €2,473 | €3,203 | ▲ 29.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €146,104 | €153,043 | €147,532 | €153,596 | €162,934 | €163,142 | €164,988 | €168,121 | ▲ 1.9% |
| Fixed assets21/28 | €111,027 | €106,071 | €96,169 | €96,599 | €92,200 | €85,486 | €82,963 | €76,615 | ▼ 7.7% |
| Tangible fixed assets22/27 | €111,027 | €106,071 | €96,169 | €96,599 | €92,200 | €85,486 | €82,963 | €76,615 | ▼ 7.7% |
| Land and buildings22 | - | - | - | €96,417 | €90,991 | €84,592 | €82,323 | €76,229 | ▼ 7.4% |
| Furniture and vehicles24 | - | - | - | €182 | €62 | - | - | - | - |
| Other tangible fixed assets26 | - | - | - | - | €1,147 | €894 | €640 | €387 | ▼ 39.6% |
| Current assets29/58 | €35,077 | €46,972 | €51,363 | €56,997 | €70,734 | €77,656 | €82,025 | €91,505 | ▲ 11.6% |
| Amounts receivable within one year40/41 | €7,359 | €23,815 | €45,409 | €52,496 | €63,257 | €66,394 | €77,788 | €81,256 | ▲ 4.5% |
| Trade receivables40 | - | - | - | - | - | - | €1,746 | - | - |
| Other amounts receivable41 | - | - | - | €52,496 | €63,257 | €66,394 | €76,043 | €81,256 | ▲ 6.9% |
| Cash at bank and in hand54/58 | €27,718 | €21,709 | €3,631 | €2,872 | €2,523 | €8,403 | €2,071 | €8,011 | ▲ 287% |
| Deferred charges and accrued income490/1 | - | - | - | €1,628 | €4,954 | €2,860 | €2,166 | €2,238 | ▲ 3.3% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €146,104 | €153,043 | €147,532 | €153,596 | €162,934 | €163,142 | €164,988 | €168,121 | ▲ 1.9% |
| Equity10/15 | €131,223 | €135,804 | €132,661 | €138,723 | €142,528 | €146,042 | €148,515 | €151,718 | ▲ 2.2% |
| Contributions10/11 | €20,000 | - | - | €20,000 | €20,000 | €22,000 | €22,000 | €22,000 | = |
| Reserves13 | €119,165 | €119,165 | €119,165 | €119,165 | €119,165 | €120,528 | €124,042 | €126,515 | ▲ 2.0% |
| Non-distributable reserves130/1 | - | - | - | €2,000 | €2,000 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €2,000 | €2,000 | - | - | - | - |
| Distributable reserves133 | - | - | - | €117,165 | €117,165 | €120,528 | €124,042 | €126,515 | ▲ 2.0% |
| Profit (loss) carried forward14 | -€7,942 | -€3,361 | -€6,504 | -€442 | €3,363 | €3,514 | €2,473 | €3,203 | ▲ 29.5% |
| Amounts payable17/49 | €14,881 | €17,239 | €14,872 | €14,873 | €20,406 | €17,099 | €16,473 | €16,402 | ▼ 0.4% |
| Amounts payable within one year42/48 | €14,881 | €15,189 | €14,872 | €14,873 | €19,604 | €16,297 | €15,533 | €15,463 | ▼ 0.5% |
| Trade debts44 | €67 | €375 | €57 | €59 | €3,924 | €29 | €30 | - | - |
| Suppliers440/4 | - | - | - | €59 | €3,924 | €29 | €30 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €221 | €1,087 | €1,675 | €910 | €869 | ▼ 4.5% |
| Taxes450/3 | - | - | - | €221 | €1,087 | €1,175 | €910 | €869 | ▼ 4.5% |
| Remuneration and social security454/9 | - | - | - | - | - | €500 | - | - | - |
| Other amounts payable47/48 | - | - | - | €14,593 | €14,593 | €14,593 | €14,593 | €14,593 | = |
| Accrued charges and deferred income492/3 | - | - | - | - | €802 | €802 | €939 | €940 | = |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,698 | €4,581 | -€3,143 | €6,063 | €3,805 | €3,514 | €2,473 | €3,203 | ▲ 29.5% |
| + Depreciation and write-downs630 | €11,740 | €12,097 | €10,261 | €7,593 | €7,269 | €6,714 | €7,402 | €6,347 | ▼ 14.2% |
| Operating cash flow (approximation) | €6,042 | €16,677 | €7,118 | €13,656 | €11,074 | €10,228 | €9,875 | €9,550 | ▼ 3.3% |
| Investment in fixed assets (approximation) | - | -€7,140 | -€360 | -€8,023 | -€2,870 | €0 | -€4,879 | €0 | - |
| Change in cash | - | -€6,009 | -€18,077 | -€759 | -€349 | €5,880 | -€6,332 | €5,940 | - |
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 32 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-03-2026 | abbreviated format | 03-09-2026 | 2026-00497493 |
| 31-03-2025 | abbreviated format | 10-10-2025 | 2025-00538142 |
| 31-03-2024 | abbreviated format | 27-09-2024 | 2024-00475029 |
| 31-03-2023 | abbreviated format | 08-09-2023 | 2023-00441716 |
| 31-03-2022 | abbreviated format | 01-09-2022 | 2022-20385879 |
| 31-03-2021 | abbreviated format | 10-09-2021 | 2021-66800096 |
| 31-03-2020 | abbreviated format | 30-09-2020 | 2020-56700184 |
| 31-03-2019 | abbreviated format | 19-09-2019 | 2019-64700435 |
| 31-03-2018 | abbreviated format | 05-09-2018 | 2018-61200427 |
| 31-03-2017 | abbreviated format | 04-09-2017 | 2017-57200485 |
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 |
|---|---|
| Peeters Ingrid Emilienne Edwarda |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
21-06
Gazette deed
Resignation: Peeters Ingrid Emilienne Edwarda (manager)Appointment: Peeters Ingrid Emilienne Edwarda (director) · Capital conversion · Director discharge8 facts ▸
- General meeting, 13-06-2023
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, artikel 39, § 1, eerste en derde lid van de wet van 23-03-2019 tot invoering van het Wetboek van Vennootsch…” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Director resignation, Peeters Ingrid Emilienne Edwarda (manager)
- Director appointment, Peeters Ingrid Emilienne Edwarda (director (not named in the articles))
- Director discharge, Peeters Ingrid Emilienne Edwarda
- Amendment of the articles
- Power of attorney, MAARTEN PIETERS (2 times)
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if you send it electronically, you need their agreement on a secure channel. The invoice remains valid; it is the customer, not you, who risks a penalty. FPS Finance
If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 26 October 2026 · Peppol Directory
General meetings
1 meeting noticeAgenda
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13010C0054/00B006 | Flanders | 4,616 m² | 1 · 340 m² | 13.4 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Beleggingen en beheer van vermogens, gaande van onroerende goederen en rechten tot roerende goederen en kapitalen, dit alles hetzij voor…” (deed in Dutch)
7 activities (deed in Dutch)
- Beleggingen en beheer van vermogens, gaande van onroerende goederen en rechten tot roerende goederen en kapitalen, dit alles hetzij voor eigen rekening, hetzij voor rekening van derden of in deelname met derden; het nemen van participaties in andere maatschappijen om hun beheer te controleren of er in deel te hebben, het verlenen van management assistentie.
- De vennootschap kan alle verrichtingen uitvoeren die nodig of dienstig zijn voor de verwezenlijking van haar voorwerp.
- De vennootschap mag alle roerende of onroerende goederen, materialen en benodigdheden, verwerven, huur of verhuren, commerciële en financiële handelingen verrichten welke rechtstreeks of onrechtstreeks in verband staan met het voorwerp.
- Zij mag alle roerende en onroerende goederen als investering verwerven, zelfs als deze noch rechtstreeks of onrechtstreeks verband houden met het voorwerp van de vennootschap.
- De vennootschap mag het bestuur waarnemen en toezicht en controle uitoefenen over alle vennootschappen in eigen naam als voor rekening van derden.
- Zij mag leningen van gelijk welke duur aan deze laatste toestaan.
- Zij mag bij wijze van inbreng in speciën of natura, van fusie inschrijving deelneming, financiële tussenkomst als waarborg geven of op een andere wijze een aandeel nemen in alle bestaande of op te richten vennootschappen of bedrijven in België of het buitenland, en waarvan het voorwerp gelijkaardig of verwant is met het hare, of van aard is de uitoefening van haar voorwerp te bevorderen of in functie is van het vermogensbeheer van de vennootschap.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- I.E.P.
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, 2280 Grobbendonk, Hazelaardreef 11” (deed in Dutch)“Vlaams Gewest, administratieve zetels, agentschappen, werkhuizen, stapelplaatsen en bijkantoren in België of in het buitenland door het…” (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.
- “Bestuursorgaan, onbepaalde duur als geen specifieke duur bepaald” (deed in Dutch)“Alle handelingen behalve voorbehouden aan algemene vergadering door wet of statuten, alle bestuursbevoegdheden en kan bijzondere volmachten…” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “4485, gelijk recht in de verdeling van de winst” (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 August at 18:00