INDUSTRIAL PUMPS

Active

Private limited companyfounded 195768 yrs activeLeo Baekelandstraat 7, 2950 Kapellen, BelgiumKBO/BCE: BE 0400.133.017

INDUSTRIAL PUMPS has been active since 1957 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-99k) and a net result of €48k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 6% of 405 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

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Checked score

Score 2025

59 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability77▲+77

Solvency12▲+7

Growth58▲+26

Track record100

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.57 against 0.5 in 2024; short-term debt: 113.3% and cash: 47.1% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 405 sector peers (2025).

NBB · sector comparison

Position among 405 sector peers

Solvency

better than 6%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 10 filings

Deviation from the deadline

2025

19 d late

2024

28 d late

2023

88 d late

2022

60 d late

2021

12 d early

2020

1 d early

2019

41 d late

← before the deadline after the deadline →

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

22-09-2026 today31-12-2026 close31-07-2027 deadline

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, abbreviated schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€48k

2024 · €-117k

2018: €-10k 2019: €23k 2020: €-207k 2021: €-561k 2022: €-398k 2023: €-237k 2024: €-117k

2018 → 2025

Working capital

€-359k▲ 16.0%

2024 · €-427k

2018: €497k 2019: €538k 2020: €385k 2021: €-156k 2022: €-553k 2023: €-268k 2024: €-427k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€105k-€-293k€-30k▲ 89.7%€-147k▼ 386%€-99k▲ 32.9%

Operating result€-558k-€-390k▲ 30.1%€-79k▲ 79.8%€-116k▼ 47.4%€49k

Net result€-561k-€-398k▲ 29.0%€-237k▲ 40.4%€-117k▲ 50.9%€48k

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2025: €49k after a loss of €116k in 2024, the highest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €739k

35.2%

64.8%

Fixed assets €260k▼ 12.4%

Current assets €479k▲ 13.3%

Key figures and ratios

2025 value · change against 2024

EBITDA

€85k▲

2024 · €-89k

Cash flow

€85k▲

2024 · €-90k

Solvency

-13.3%▲

2024 · -20.4%

Current ratio

0.57▲

2024 · 0.50

Quick ratio

0.54▲

2024 · 0.45

Debt / equity

-8.50▼

2024 · -5.90

ROA

6.5%▲

2024 · -16.2%

Interest coverage

146.87▲

2024 · -157.91

Debt

€837k▼

2024 · €866k

Debt ≤ 1 year

€837k▼

2024 · €849k

Income taxes

€109▼

2024 · €112

Staff costs

€174k▼

2024 · €229k

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€719k€739k▲

Fixed assets21/28€297k€260k▼

Intangible fixed assets21€0€0=

Tangible fixed assets22/27€294k€257k▼

Land and buildings22€167k€165k▼

Plant, machinery and equipment23€53k€35k▼

Furniture and vehicles24€74k€57k▼

Leasing and similar rights25€0€0=

Financial fixed assets28€3k€3k▼

Current assets29/58€422k€479k▲

Stocks and contracts in progress3€42k€30k▼

Stocks30/36€42k€30k▼

Amounts receivable within one year40/41€91k€99k▲

Trade receivables40€86k€90k▲

Other amounts receivable41€5k€9k▲

Cash at bank and in hand54/58€288k€348k▲

Deferred charges and accrued income490/1€832€2k▲

Equity and liabilities

Total equity and liabilities10/49€719k€739k▲

Equity10/15€-147k€-99k▲

Contributions10/11€1.06M€1.06M=

Reserves13€313k€313k=

Non-distributable reserves130/1€50k€50k=

Reserves not available under the articles1311€50k€50k=

Distributable reserves133€263k€263k=

Profit (loss) carried forward14€-1.52M€-1.47M▲

Amounts payable17/49€866k€837k▼

Amounts payable within one year42/48€849k€837k▼

Trade debts44€37k€25k▼

Suppliers440/4€37k€25k▼

Taxes, remuneration and social security45€34k€18k▼

Taxes450/3€1k€3k▲

Remuneration and social security454/9€33k€15k▼

Other amounts payable47/48€778k€794k▲

Accrued charges and deferred income492/3€17k€0▼

Income statement Code20242025

Remuneration, social security and pensions62€229k€174k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€37k▲

Other operating charges640/8€6k€6k▲

Gross operating margin9900€146k€266k▲

Operating profit (loss)9901€-116k€49k▲

Financial income75/76B€3€23▲

Recurring financial income75€3€23▲

Financial charges65/66B€565€582▲

Recurring financial charges65€565€582▲

Profit (loss) for the period before taxes9903€-116k€48k▲

Income taxes67/77€112€109▼

Profit (loss) for the period9904€-117k€48k▲

Profit (loss) for the period to be appropriated9905€-117k€48k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-1.52M€-1.47M▲

Profit (loss) brought forward from the previous period14P€-1.40M€-1.52M▼

Social balance

Average headcount (FTE)90874.43.6▼

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 13Financial 3Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

19-08

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 19 days late

2025

31-12

Financial Back to profitnet €48k

Net result €48k after 5 loss-making years.

28-08

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 28 days late

2024

27-10

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 88 days late

2023

29-09

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema · 60 days late

2022

19-07

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema

2021

31-12

Financial Weakest financial yearnet €-561k

Net result drops to €-561k, the lowest in the series; recovery starts the following year.

30-07

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2020

10-09

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema · 41 days late

2019

31-12

Financial Back to profitnet €23k

Net result €23k after one loss-making year.

14-06

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema

2018

04-07

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2017

29-06

NBB filing Annual accounts filed

fiscal year 2016 · full schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

13 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, Kapellen · 2 establishment units since 2013

establishment All 2 establishment units 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.

Leo Baekelandstraat 72950 Kapellen

Ground area

3.8 ha

Building footprint

1.6 ha

Volume, LiDAR

141,293 m³