INDUSTRIAL PRODUCTS DISTRIBUTION
The computed 12-month bankruptcy probability of INDUSTRIAL PRODUCTS DISTRIBUTION is 0.8% (low). The 2025 annual accounts show negative equity (€-22k) and a net result of €-33k. The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-22k |
| Net result | €-33k |
| Active | 24 yrs |
| Locations | 1 |
Strong profile, led by profitability.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Fiscal year | 2025 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | - |
| Net profit | €-33k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €946k |
| Equity | €-22k |
| Debt | €968k |
| of which ≤ 1y | €968k |
| of which > 1y | - |
| Working capital | €-30k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.97 |
| Quick ratio | 0.95 |
| Working capital ratio | -3.2% |
| Solvency | -2.3% |
| Debt / equity | -44.12 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -3.5% |
| ROE | 150.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (22 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €946k |
| Fixed assets | 21/28 | €8k |
| Financial fixed assets | 28 | €8k |
| Current assets | 29/58 | €938k |
| Stocks & contracts in progress | 3 | €20k |
| Amounts receivable within one year | 40/41 | €899k |
| Cash & bank | 54/58 | €18k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €946k |
| Equity | 10/15 | €-22k |
| Contributions / capital | 10/11 | €62k |
| Reserves | 13 | €53k |
| Accumulated profits (losses) | 14 | €-137k |
| Amounts payable | 17/49 | €968k |
| Amounts payable within one year | 42/48 | €968k |
| Trade debts payable within one year | 44 | €911k |
| Income statement | ||
| Gross operating margin | 9900 | €-29k |
| Operating result | 9901 | €-29k |
| Financial income | 75 | €2k |
| Financial charges | 65 | €6k |
| Result before taxes | 9903 | €-33k |
| Net result for the period | 9904 | €-33k |
| Result to be appropriated | 9905 | €-33k |
| NACE primary | Groothandel in chemische producten voor industrieel gebruik(46851) |
| Legal form | Public limited company(014) |
| Incorporation | 25-03-2002 |
| Status | Active |
| Postal code | 1050 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0131/00T000 | Brussels | 5,672 m² | 1 · 3,878 m² | 45.8 m · 8 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
01-07-2024 Permanent representative changed: Martin Batchev succeeds Andrey Bachev
Technical details
{
"events": [
{
"kind": "rep_rotation",
"role": "directeur",
"person": {
"rrn": null,
"name": "Martin Batchev",
"address": "8926 Kappel Am Albis (Suisse)",
"birth_date": "1997-01-11",
"profession": null,
"birth_place": "Kappel am Albis, CH"
},
"reason": null,
"subkind": "successor_conditional",
"via_org": {
"kbo": null,
"name": "Industrial Products Distribution SA",
"address": "Tirolweg, 8, 6300 Zug",
"country": "CH",
"legal_form": "SA"
},
"statutory": null,
"compensated": false,
"effective_date": "2024-01-01",
"evidence_quote": "A l\u0027unanimit\u00E9, l\u0027Assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide \u00E0 nommer Monsieur Martin Batchev, n\u00E9 le 11 janvier 1997, domicili\u00E9 \u00E0 8926 Kappel Am Albis (Suisse) en qualit\u00E9 de repr\u00E9sentant permanent de l\u0027administrateur Industrial Products Distribution SA, ayant son si\u00E8ge \u00E0 6300 Zug (Suisse), Tirolweg, 8, num\u00E9ro d\u0027entre",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": "Martin Batchev",
"rep_rotation_old_rep": "Andrey Bachev",
"effective_date_qualifier": "future"
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Bilixelles",
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2024-07-01",
"filing_date": "2024-06-21",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2023-12-30",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0477.164.477",
"name_full": "INDUSTRIAL PRODUCTS DISTRIBUTION",
"legal_form": "SA"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "ExpertEase by VD\u0026P srl",
"person_name": null,
"org_rep_person_name": "Rositsa DIMITROVA",
"person_role_at_subject": null
},
"co_filed_documents": [],
"corrected_publication_numac": null
}01-03-2024 Registered office moved from Ganshoren to Bruxelles
- 1083 Ganshoren, Avenue de Rusatira 9 → 1050 Bruxelles, Avenue Louise 231
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "1050 Bruxelles, Avenue Louise 231",
"city": "Bruxelles",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Avenue Louise",
"country": "BE",
"postcode": "1050",
"box_number": null,
"street_number": "231",
"locality_suffix": null
},
"old_address": {
"raw": "1083 Ganshoren, Avenue de Rusatira 9",
"city": "Ganshoren",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Avenue de Rusatira",
"country": "BE",
"postcode": "1083",
"box_number": null,
"street_number": "9",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide d\u0027adopter des statuts compl\u00E8tement nouveaux, qui sont en concordance avec le Code des soci\u00E9t\u00E9s et des associations, sans toutefois apporter une modification \u00E0 son objet",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "act_body",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": "Thi Thuy Mai HONG",
"firm_city": null,
"firm_name": "Pierre STERCKMANS \u0026 Thi Thuy Mai HONG, Notaires associ\u00E9s",
"office_city": "Tubize",
"is_associated": true
},
"act_meta": {
"language": "mixed",
"pub_date": "2024-03-01",
"filing_date": "2023-12-20",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2023-12-20",
"unanimous": true
},
"subject_company": {
"kbo": "0477.164.477",
"name_full": "INDEPENDENT PETROLEUM DISTRIBUTION",
"legal_form": "SA"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Thi Thuy Mai HONG",
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"statuts coordonn\u00E9s",
"exp\u00E9dition Thi Thuy Mai HONG"
]
}| Legal nameFR | INDUSTRIAL PRODUCTS DISTRIBUTION |
| AbbreviationFR | I.P.D. |