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IIphi

Active
Private limited companyfounded 2014active for 12 yearsOude Katsei 20, 3890 Gingelom, BelgiumKBO/BCE: BE 0551.883.379
Summary

The computed 12-month bankruptcy probability of IIphi is 4.7% (elevated). The 2025 annual accounts show negative equity (-€81,126) and a net result of -€49,266. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 9% of 22,773 sector peers (NACE 47, financial year 2025). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 30-04-2014 Normal situation
Activity
Retail trade NACE 47714
Establishment unit
2.230.697.023 3890 Gingelom, since 30-04-2014
Financial year end
31 December
Peppol
Reachable since 24-11-2025

Financial position

35 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
4.7%
Annual accounts 2025
Gross margin
-€21,539
Loss
€49,266
▲ 86.7%
Equity
-€81,126
▼ 155%
Total assets
€78,503
▼ 49.1%
  • Negative equity on 31-12-2025
Turnover not published (micro format)
Score breakdownraises riskLoss of €49,266, the second in a row (financial year 2025)Negative equity -€81,1261 change of registered office in 24 monthslowers riskSize: total assets €78,503Show the evidence

Checked score

Score 2025
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 12% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency 0-4
equity -103.3% of total assets
Liquidity 35-5
short-term debt 33.3% · cash 0.0%
Profitability 0-3
return on assets -62.8%
Bankruptcy probability within 12 months
4.7% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 1.5% 01-2025: 1.5%● unchanged vs 12-2024 02-2025: 1.5%● unchanged vs 01-2025 03-2025: 1.5%● unchanged vs 02-2025 04-2025: 1.5%● unchanged vs 03-2025 05-2025: 1.4%▼ -0.1 percentage points vs 04-2025 06-2025: 1.3%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 1.5%▲ +0.2 percentage points vs 06-2025 08-2025: 2.8%▲ +1.3 percentage points vs 07-2025 09-2025: 2.8%● unchanged vs 08-2025 10-2025: 2.8%● unchanged vs 09-2025 11-2025: 2.8%● unchanged vs 10-2025 12-2025: 2.8%● unchanged vs 11-2025 01-2026: 2.8%● unchanged vs 12-2025 02-2026: 2.6%▼ -0.2 percentage points vs 01-2026 03-2026: 2.6%● unchanged vs 02-2026 04-2026: 2.6%● unchanged vs 03-2026 05-2026: 2.5%▼ -0.1 percentage points vs 04-2026 06-2026: 2.4%▼ -0.1 percentage points vs 05-2026 07-2026: 2.5%▲ +0.1 percentage points vs 06-2026 08-2026: 3.1%▲ +0.6 percentage points vs 07-2026 09-2026: 3.1%● unchanged vs 08-2026 10-2026: 4.7%▲ +1.6 percentage points vs 09-2026highest value 11-2026: 4.7%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.41 (1.79 in 2024), below 1. Short-term debt is 33.3% and cash 0% of total assets. Equity is negative.
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 47, micro). It does better than 6% of them on solvency, 33% on liquidity, 6% on profitability and 4% on growth.

The bankruptcy probability was computed on 01-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €49,266, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Size: total assets €78,503
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 · Negative equity -€81,126
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€81,126
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
3 days early
2023
10 days early
2022
19 days early
2021
41 days early
2020
44 days early
2019
44 days early
← 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 23 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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 28 July (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 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

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€81,126 View
  • Caution: Lower net result than 95% of companies in retail tradesector median €5,084 · 22,754 companies -€49,266 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€49,266 View

Recent changes

  1. · Gazette deed Registered office moved to Gingelom
  2. · Gazette deed Changes of role: VERHAEGEN Philip Theodore Elisa (director) and VANMARSENILLE Ilse Michèle (director)
  3. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as IIphi: retail trade (NACE 47714). They are comparable in size and age: total assets between €54,000 and €182,000, founded between 1996 and 2009.

CompanyTotal assetsGross margin
IIphi Gingelom€78,503-€21,539
MAD agency Beauvechain€93,506-€1,239
ByCH Houthalen-Helchteren€129,326€1,196
DELICATESCENCE Liège€136,815-€5,671
LINGERIE FIGARO Asse€138,185-€11,067
STEEGMANS PETRA Heusden-Zolder€54,040€66
MATHIS Sint-Truiden€182,462€0
Full comparison

Key facts about IIphi

What is the company number of IIphi?
The company number of IIphi is 0551.883.379. The VAT number is the same number with BE in front: BE 0551.883.379.
Where is IIphi based?
The registered office is at Oude Katsei 20, 3890 Gingelom.Company details
What does IIphi do?
According to the KBO register, the main activity is retail trade (NACE 47714).
What is the legal form of IIphi?
The legal form of IIphi is Private limited company (BV).
When was IIphi founded?
IIphi was founded on 30-04-2014.
Is IIphi still active?
Yes, IIphi is an active enterprise in the KBO register.
What is the turnover of IIphi?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is IIphi profitable?
In financial year 2025, IIphi made a loss of €49,266.
Where can I find the annual accounts of IIphi?
IIphi filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of IIphi due?
IIphi must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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