IP Belgium
ActiveSummary
IP Belgium has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €48k and a net result of €20k. Equity is growing by ~47.8% per year across the filed fiscal years. Its solvency ranks better than 8% of 232 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2026
65
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability70=
Solvency28▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity short (current ratio 0.94 against 1.03 in 2025; short-term debt: 96.5% and cash: 41.2% of total assets), and 97% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
3%
Return on assets
1.2%
Age of the figures
5 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 232 sector peers (2026).
NBB · sector comparisonPosition among 232 sector peers
Solvency
better than 8%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-04-2026 was due by 30-11-2026 and was filed on 10-08-2026, 112 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
112 d early
2025
88 d early
2024
1 d early
2023
55 d early
2022
36 d early
2021
69 d early
2020
68 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-04-2027 and is due by 30-11-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-04-2027 close30-11-2027 deadline
Financials · fiscal year 2026, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€20k▲ 73.4%
2025 · €11k
2019: €6k
2020: €332
2021: €8k
2022: €4k
2023: €4k
2024: €3k
2025: €11k
2019 → 2026
Working capital
€-87k
2025 · €41k
2019: €17k
2020: €18k
2021: €-6k
2022: €18k
2023: €5k
2024: €12k
2025: €41k
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€9k-€14k▲ 46.8%€17k▲ 25.0%€29k▲ 64.6%€48k▲ 69.4%
Operating result€7k-€5k▼ 25.2%€7k▲ 30.7%€19k▲ 177%€28k▲ 48.2%
Net result€4k-€4k▲ 19.9%€3k▼ 21.6%€11k▲ 229%€20k▲ 73.4%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed three years in a row; 2026 is 48% above 2025 and is the highest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €1.61M
Fixed assets
€144k ▲ 5,012%
Current assets
€1.46M ▲ 12.6%
Equity and liabilities €1.61M
Equity
€48k ▲ 69.4%
Debt
€1.56M ▲ 22.4%
Debt's share of the balance-sheet total falls from 97.8% to 97.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€43k▲
2025 · €22k
Cash flow
€34k▲
2025 · €14k
Current ratio
0.94▼
2025 · 1.03
Debt to equity
32.15▼
2025 · 44.50
ROE
41.0%▲
2025 · 40.0%
ROA
1.2%▲
2025 · 0.9%
Interest coverage
43.93▲
2025 · 11.67
Debt ≤ 1 year
€1.55M▲
2025 · €1.26M
Income taxes
€7k▲
2025 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2026 against 2025 · 39 lines
Balance sheet
Code20252026
Assets
Total assets20/58€1.30M€1.61M▲
Fixed assets21/28€3k€144k▲
Tangible fixed assets22/27€3k€144k▲
Plant, machinery and equipment23€250€70k▲
Furniture and vehicles24€3k€74k▲
Current assets29/58€1.30M€1.46M▲
Amounts receivable within one year40/41€484k€800k▲
Trade receivables40€167k€483k▲
Other amounts receivable41€317k€317k=
Cash at bank and in hand54/58€815k€662k▼
Deferred charges and accrued income490/1€14-
Equity and liabilities
Total equity and liabilities10/49€1.30M€1.61M▲
Equity10/15€29k€48k▲
Contributions10/11€6k€6k=
Outside capital11€6k€6k=
Other1109/19€6k€6k=
Profit (loss) carried forward14€22k€42k▲
Amounts payable17/49€1.27M€1.56M▲
Amounts payable within one year42/48€1.26M€1.55M▲
Trade debts44€938k€1.20M▲
Suppliers440/4€938k€1.20M▲
Taxes, remuneration and social security45€12k€40k▲
Taxes450/3€12k€40k▲
Other amounts payable47/48€308k€308k=
Accrued charges and deferred income492/3€16k€8k▼
Income statement
Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€15k▲
Other operating charges640/8€553€2k▲
Gross operating margin9900€22k€45k▲
Operating profit (loss)9901€19k€28k▲
Financial income75/76B€617€41▼
Recurring financial income75€617€41▼
Financial charges65/66B€2k€975▼
Recurring financial charges65€2k€975▼
Profit (loss) for the period before taxes9903€18k€27k▲
Income taxes67/77€6k€7k▲
Profit (loss) for the period9904€11k€20k▲
Profit (loss) for the period to be appropriated9905€11k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€22k€42k▲
Profit (loss) brought forward from the previous period14P€11k€22k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
10-08
NBB filing
Annual accounts filed
fiscal year 2026 · full schema
30-04
Financial
Highest result since 2019net €20k ▲73.4%
Operating result €28k, net result €20k, both a record.
2025
03-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
29-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2023
06-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
25-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2021
22-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2020
23-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
30-04
Financial
Weakest financial yearnet €332 ▼94.3%
Net result drops to €332, the lowest in the series; recovery starts the following year.
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
05-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
23-11
NBB filing
Annual accounts filed
fiscal year 2017 · 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, Wavre · 1 establishment unit since 2011
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.
Avenue Zénobe Gramme 301300 WavreGround area
4,975 m²
Building footprint
1,181 m²
Volume, LiDAR
4,567 m³
2 parcels, Wallonia · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Immo PrIce
since 20112.204.796.142
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25076A0608/00B000 | Wallonia | 3,127 m² | 1 · 466 m² | - |
| 25006A0145/00B002 | Wallonia | 1,848 m² | 1 · 714 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
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BE 0466.292.163
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SQR TECHNOLOGIES
BE 0823.974.220
Beersel · Eq €48,525
INFORGIX SPRL
BE 0458.436.054
Limbourg · Eq €48,630
CHAMPS LIBRES COOPERATIVE
BE 0541.427.670
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Of 3,211 companies in sector 62900 we hold annual accounts for 1,741. 1,350 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-10-2011
Fiscal year end30-04
Abbreviation FR
IP
Activities, NACEBEL 2025
62900Other information technology and computer services
68310Real estate agency activities
68322Real estate appraisal on a fee or contract basis
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.