Skip to content

INDUSTRIAL PROJECT SERVICES

Active
Private limited companyfounded 199926 yrs activeDriesstraat 3, 3665 As, BelgiumKBO/BCE: BE 0468.979.855

INDUSTRIAL PROJECT SERVICES has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18k and a net result of €-12k. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 56% of 16941 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
71 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-71
Solvency91▼-9
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 2.77 against 4.66 in 2024; short-term debt: 34.1% and cash: 43.7% of total assets), and 34.1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 26 years 0 30 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
65.9%
Return on assets
-46.5%
Age of the figures
9 mo
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
4 d early
2024
on the day
2023
7 d early
2022
6 d early
2021
2 d early
2020
2 d early
2019
on the day
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€18k▼ 41.3%
2024 · €30k
2018: €21k 2019: €24k 2020: €15k 2021: €31k 2022: €32k 2023: €30k 2024: €30k
2018 → 2025
Total assets
€27k▼ 28.9%
2024 · €38k
2018: €24k 2019: €30k 2020: €21k 2021: €39k 2022: €41k 2023: €37k 2024: €38k
2018 → 2025
Net result
€-12k
2024 · €528
2018: €12k 2019: €4k 2020: €-10k 2021: €16k 2022: €674 2023: €-2k 2024: €528
2018 → 2025
Working capital
€16k▼ 41.7%
2024 · €28k
2018: €18k 2019: €22k 2020: €13k 2021: €29k 2022: €30k 2023: €28k 2024: €28k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€31k-€32k▲ 2.2%€30k▼ 7.5%€30k▲ 1.8%€18k▼ 41.3%
Operating result€17k-€1k▼ 92.6%€-2k€729€-12k
Net result€16k-€674▼ 95.9%€-2k€528€-12k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10k€20kOperating result 2021: €17k€17kNet result 2021: €16k€16kOperating result 2022: €1k€1kNet result 2022: €674€674Operating result 2023: €-2k€-2kNet result 2023: €-2k€-2kOperating result 2024: €729€729Net result 2024: €528€528Operating result 2025: €-12k€-12kNet result 2025: €-12k€-12k20212022202320242025
The operating result turns negative in 2025: a loss of €12k after €729 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €27k
Fixed assets €2k▼ 37.2%
Current assets €25k▼ 28.3%
Equity and liabilities €27k
Equity €18k▼ 41.3%
Debt €9k▲ 20.8%
The debt ratio rises from 20.1% to 34.1%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-11k
2024 · €2k
Cash flow
€-12k
2024 · €1k
Solvency
65.9%
2024 · 79.9%
Current ratio
2.77
2024 · 4.66
Quick ratio
2.77
2024 · 4.66
Debt / equity
0.52
2024 · 0.25
ROE
-70.4%
2024 · 1.8%
ROA
-46.5%
2024 · 1.4%
Interest coverage
-204.04
2024 · 24.70
Debt
€9k
2024 · €8k
Debt ≤ 1 year
€9k
2024 · €8k
Income taxes
€152
2024 · €143
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€38k€27k
Fixed assets21/28€2k€2k
Tangible fixed assets22/27€2k€2k
Plant, machinery and equipment23€638€386
Furniture and vehicles24€2k€1k
Current assets29/58€35k€25k
Amounts receivable within one year40/41€11k€14k
Trade receivables40€9k€12k
Other amounts receivable41€3k€2k
Cash at bank and in hand54/58€24k€12k
Equity and liabilities
Total equity and liabilities10/49€38k€27k
Equity10/15€30k€18k
Contributions10/11€6k€6k=
Reserves13€24k€11k
Distributable reserves133€24k€11k
Amounts payable17/49€8k€9k
Amounts payable within one year42/48€8k€9k
Trade debts44€620€779
Suppliers440/4€620€779
Taxes, remuneration and social security45€3k€4k
Taxes450/3€1k€2k
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€4k€4k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€771€916
Other operating charges640/8€789€813
Non-recurring operating charges66A€320€265
Gross operating margin9900€3k€-10k
Operating profit (loss)9901€729€-12k
Financial income75/76B€2€0
Recurring financial income75€2€0
Financial charges65/66B€61€55
Recurring financial charges65€61€55
Profit (loss) for the period before taxes9903€671€-12k
Income taxes67/77€143€152
Profit (loss) for the period9904€528€-12k
Profit (loss) for the period to be appropriated9905€528€-12k
Appropriation of the result
Profit (loss) to be appropriated9906€528€-12k
Transfer from equity791/2-€12k
Transfer to equity691/2€528-
To other reserves6921€528-

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet €-12k ▼2454%
Net result drops to €-12k, the lowest in the series.
31-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €528
Net result €528 after one loss-making year.
24-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
25-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €16k
Net result €16k after one loss-making year.
29-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, As · 1 establishment unit since 2000
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Driesstraat 33665 As
Ground area
975 m²
Building footprint
181 m²
Volume, LiDAR
975 m³
Parcel 71002C0603/00G000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
I P SERVICES
Driesstraat 3, 3665 AsScientific research and development
since 20002.101.940.213
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71002C0603/00G000 Flanders 975 m² 1 · 181 m² 8.2 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 16,874 companies in sector 62100 we hold annual accounts for 8,779. 5,568 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded29-12-1999
Fiscal year end31-12
Abbreviation NL I.P. SERVICES
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
72220
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.