IP FAB

Active

Private limited companyfounded 20206 yrs activeZandvoortstraat 1, 2800 Mechelen, BelgiumKBO/BCE: BE 0746.709.067

IP FAB has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €250k and a net result of €119k. Equity is growing by ~34.4% per year across the filed fiscal years. Its solvency ranks better than 38% of 9369 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

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Checked score

Score 2025

69 / 100

Healthy▲ +27 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100▲+100

Solvency61▼-11

Growth78▲+26

Stability100

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €17k at 30 days acceptable

Liquidity short (current ratio 0.9 against 2.14 in 2024), and 58.5% of the assets are financed with debt.

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

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 71

Relative position

BE, all sectors

reference

Sector 71

lower

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

41.5%

Return on assets

19.8%

Age of the figures

8 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

8 d early

2024

23 d early

2023

8 d late

2022

39 d early

2021

31 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

12-09-2026 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, micro schema

Equity

€250k▲ 91.5%

2024 · €130k

2021: €73k 2022: €74k 2023: €192k 2024: €130k

2021 → 2025

Total assets

€602k▲ 46.9%

2024 · €410k

2021: €94k 2022: €121k 2023: €358k 2024: €410k

2021 → 2025

Net result

€119k

2024 · €-62k

2021: €71k 2022: €684 2023: €119k 2024: €-62k

2021 → 2025

Working capital

€-19k

2024 · €158k

2021: €41k 2022: €19k 2023: €144k 2024: €158k

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€73k-€74k▲ 0.9%€192k▲ 161%€130k▼ 32.2%€250k▲ 91.5%

Operating result€86k-€2k▼ 97.3%€127k▲ 5,327%€-61k€123k

Net result€71k-€684▼ 99.0%€119k▲ 17,260%€-62k€119k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2025: €123k after a loss of €61k in 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €602k

72.7%

27.3%

Fixed assets €438k▲ 283%

Current assets €165k▼ 44.3%

Equity and liabilities €602k

41.5%

58.5%

Equity €250k▲ 91.5%

Debt €353k▲ 26.1%

The debt ratio falls from 68.2% to 58.5%: equity grows faster than debt.

Key figures and ratios

2025 value · change against 2024

EBITDA

€172k▲

2024 · €-30k

Cash flow

€169k▲

2024 · €-31k

Solvency

41.5%▲

2024 · 31.8%

Current ratio

0.90▼

2024 · 2.14

Quick ratio

0.90▼

2024 · 2.14

Debt / equity

1.41▼

2024 · 2.15

ROE

47.8%▲

2024 · -47.6%

ROA

19.8%▲

2024 · -15.1%

Interest coverage

10.67▲

2024 · -4.57

Debt

€353k▲

2024 · €280k

Debt ≤ 1 year

€184k▲

2024 · €138k

Debt > 1 year

€169k▲

2024 · €141k

Income taxes

€-11k▼

2024 · €0

Staff costs

€41k▼

2024 · €111k

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€410k€602k▲

Fixed assets21/28€114k€438k▲

Intangible fixed assets21€1k€321k▲

Tangible fixed assets22/27€113k€116k▲

Land and buildings22€10k€9k▼

Plant, machinery and equipment23€98k€104k▲

Furniture and vehicles24€4k€3k▼

Financial fixed assets28€165€165=

Current assets29/58€296k€165k▼

Amounts receivable after more than one year29-€11k

Other amounts receivable291-€11k

Amounts receivable within one year40/41€77k€46k▼

Trade receivables40€47k€34k▼

Other amounts receivable41€30k€12k▼

Cash at bank and in hand54/58€182k€60k▼

Deferred charges and accrued income490/1€37k€48k▲

Equity and liabilities

Total equity and liabilities10/49€410k€602k▲

Equity10/15€130k€250k▲

Contributions10/11€2k€2k=

Reserves13€128k€248k▲

Distributable reserves133€128k€248k▲

Amounts payable17/49€280k€353k▲

Amounts payable after more than one year17€141k€169k▲

Financial debts170/4€141k€169k▲

Amounts payable within one year42/48€138k€184k▲

Current portion of amounts payable after more than one year42€17k€26k▲

Financial debts43€3k€1k▼

Credit institutions430/8€3k€1k▼

Trade debts44€94k€134k▲

Suppliers440/4€94k€134k▲

Taxes, remuneration and social security45€24k€16k▼

Taxes450/3€258-

Remuneration and social security454/9€24k€16k▼

Other amounts payable47/48€2k€6k▲

Income statement Code20242025

Non-recurring operating income76A-€789

Remuneration, social security and pensions62€111k€41k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€50k▲

Other operating charges640/8€1k€5k▲

Gross operating margin9900€81k€218k▲

Operating profit (loss)9901€-61k€123k▲

Financial income75/76B€6k€2k▼

Recurring financial income75€6k€2k▼

Financial charges65/66B€7k€16k▲

Recurring financial charges65€7k€16k▲

Profit (loss) for the period before taxes9903€-62k€108k▲

Income taxes67/77€0€-11k▼

Profit (loss) for the period9904€-62k€119k▲

Profit (loss) for the period to be appropriated9905€-62k€119k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-62k€119k▲

Profit (loss) brought forward from the previous period14P€0-

Transfer from equity791/2€62k-

Transfer to equity691/2€0€119k▲

To other reserves6921€0€119k▲

The notes to these accounts (13 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 9Financial 4Filings 5

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

2026

23-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Back to profitnet €119k

Net result €119k after one loss-making year.

31-12

Financial Equity above €200kEq €250k ▲91.5%

Equity rises from €130k to €250k.

08-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Weakest financial yearnet €-62k ▼152%

Net result drops to €-62k, the lowest in the series; recovery starts the following year.

08-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 8 days late

2023

31-12

Financial Equity above €150kEq €192k ▲161%

3 profitable years in a row build equity to €192k.

22-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 31 days late

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

Directors · office · real estate

Directors

1 act for this company is 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, Mechelen · 1 establishment unit since 2020

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.

Zandvoortstraat 12800 Mechelen

Ground area

1.2 ha

Building footprint

3,021 m²

Volume, LiDAR

15,366 m³

Parcel 12402A0089/00C000, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

IP FAB

Zandvoortstraat 1, 2800 MechelenManufacture of chemicals and chemical products

since 20202.302.396.750

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
12402A0089/00C000	Flanders	1.2 ha	1 · 3,021 m²	7.3 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.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 10 entries · 686,088 EUR awarded · 326,363 EUR paid

Year	Entries	awarded	paid
2025	5	179,990 EUR	146,650 EUR
2024	3	282,107 EUR	90,220 EUR
2023	1	222,498 EUR	88,000 EUR
2022	1	1,493 EUR	1,493 EUR

Schemes

Ontwikkelingsproject

4 entries · 400,838 EUR · 247,000 EUR paid · Fonds voor Innoveren en Ondernemen

Strategisch onderzoekscentrum ICON project (SOC-ICON)

3 entries · 279,887 EUR · 74,000 EUR paid · Fonds voor Innoveren en Ondernemen

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

2 entries · 3,713 EUR · 3,713 EUR paid · Fonds voor Innoveren en Ondernemen

Subsidies voor internationaal ondernemen

1 entry · 1,650 EUR · 1,650 EUR paid · Vlaams Agentschap voor Internationaal Ondernemen

Similar companies · same sector, comparable size

Of 2,136 companies in sector 71209 we hold annual accounts for 1,079. 785 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded06-05-2020

Fiscal year end31-12

Activities, NACEBEL

71209Other technical testing and analysis

20160Manufacture of chemicals and chemical products

70200Business and other management consultancy

70220Business consulting

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry

Website:www.ip-fab.com

Enterprise