I.P.F.

Active

Private limited companyfounded 1988active for 38 yearsVlinderstraat 24, 2260 Westerlo, BelgiumKBO/BCE: BE 0434.067.773

From the official registers: KBO 37 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

I.P.F. has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €252,056 and a net result of €4,225. Equity is growing by about 4.2% per year across the filed financial years. Its solvency ranks better than 70% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Risk analysisFollow Report Compare

I.P.F.ActiveChecked score 81/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 19-04-1988 Normal situation
Legal form: Private limited company
Registered office: Vlinderstraat 24, 2260 Westerlo
Activity: Other specialised construction activities NACE 43990and 1 other
Establishment unit: 2.038.338.501 2260 Westerlo, since 19-09-1994
Financial year end: 31 December
Peppol: Reachable since 21-10-2025

Company details

Who decides

Board

LEEMANS Diane Filomena WillyDirector

Board & ownership

How it is doing

81 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.5%

Annual accounts 2025

Gross margin: €47,965; ▲ 52.4%
Turnover: ≈ €420,000; estimated
Profit: €4,225; ▼ 28.2%
Equity: €252,056; ▼ 5.8%
Total assets: €390,458; ▼ 15.1%

2025 accounts 1 day early

Filed on 30-07-2026at the National Bank

Financials

Why 81raises riskSector: Specialised construction activities (NACE 43)Liquidity: current ratio 1.54, cash €461, halvedlowers riskFounded in 1988Equity €252,056 (64.6% of total assets)Show the evidence

Checked score

Score 2025

81 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 38% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 90+7

equity 64.6% of total assets

Liquidity 42=

short-term debt 23.5% · cash 0.1%

Profitability 50+3

return on assets 1.1%

Bankruptcy probability, 12 months

0.5% Very low

0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)

Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.2 percentage points vs 06-2025 08-2025: 0.3%▼ -0.2 percentage points vs 07-2025lowest value 09-2025: 0.3%● unchanged vs 08-2025lowest value 10-2025: 0.3%● unchanged vs 09-2025lowest value 11-2025: 0.3%● unchanged vs 10-2025lowest value 12-2025: 0.3%● unchanged vs 11-2025lowest value 01-2026: 0.3%● unchanged vs 12-2025lowest value 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026highest value 09-2026: 0.5%● unchanged vs 08-2026highest value 10-2026: 0.5%● unchanged vs 09-2026highest value

Credit of up to €20,000 on 30-day terms is acceptable

Liquidity ample (current ratio 1.54, compared with 1.64 in 2024, above the usual 1.5; short-term debt: 23.5% and cash: 0.1% of total assets), and 35.4% of the assets are financed with debt and provisions.

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 (NACE 43, micro): better than 70% on solvency, 31% on liquidity, 24% on profitability and 28% 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. 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

Five signals.

lowers riskraises riskneutral

Sector: Specialised construction activities (NACE 43)

KBO

Liquidity: current ratio 1.54, cash €461, halved

NBB · annual accounts

Founded in 1988

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Equity €252,056 (64.6% of total assets)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

1 day early

2024

on the day

2023

12 days early

2023

on the day

2022

1 day early

2021

8 days late

2020

2 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 1 day before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

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 30 July (3 of the last 3 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

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Positive: Among the best 12% on equitysector median €57,811 · 34,914 companies €252,056 View
Positive: Filed on time since financial year 2022accounts within the deadline every year 5 years View
Positive: 5 profitable years in a rowprofit 2025: €4,225 5 years View

Documents

Key facts about I.P.F.

What is the company number of I.P.F.?: 0434.067.773. In Belgium the VAT number is the company number with BE in front: BE 0434.067.773.
Where is I.P.F. based?: The registered office is at Vlinderstraat 24, 2260 Westerlo.Company details
What does I.P.F. do?: According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of I.P.F.?: Private limited company (BV).
When was I.P.F. founded?: On 19-04-1988.
Is I.P.F. still active?: Yes, I.P.F. is an active enterprise in the KBO register.
What is the turnover of I.P.F.?: ≈ €420,000 in financial year 2025. Estimated from the gross margin of €47,965: probably between €280,000 and €740,000, based on 92 comparable companies, NACE 43990.Financials
Is I.P.F. profitable?: In financial year 2025, I.P.F. made a profit of €4,225.
Where can I find the annual accounts of I.P.F.?: I.P.F. filed 37 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 I.P.F. due?: By 31-07-2027, for financial year 2026.Timeline