iP HEAD · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of iP HEAD is 0.1% (very low). The 2025 annual accounts show equity of €364k and a net result of €96k. Equity is shrinking by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 90% of 1943 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Signals

2 signals · with evidence

Strong solvency vs sector

Solvency is in the sector's strongest quartile: better than 90% of 1943 peers (2025). A comfortable equity buffer.

View the sector comparison

Consistently profitable

Positive net result in the two most recent financial years (2024 and 2025).

View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.

How we compute the deadline

The year end is derived from 10 filed financial years, each closing on 30-06. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 30-06-2025, that is 31-01-2026.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
30-06-2025	31-01-2026	30-01-2026	1 d early	2026-00019743
30-06-2024	31-01-2025	23-01-2025	8 d early	2025-00008811
30-06-2023	31-01-2024	30-01-2024	1 d early	2024-00010944
30-06-2022	31-01-2023	26-01-2023	5 d early	2023-00004459
30-06-2021	31-01-2022	09-02-2022	9 d late	2022-05500058
30-06-2020	31-01-2021	02-02-2021	2 d late	2021-04500270
30-06-2019	31-01-2020	10-02-2020	10 d late	2020-04700492
30-06-2018	31-01-2019	26-02-2019	26 d late	2019-05800320
30-06-2017	31-01-2018	12-01-2018	19 d early	2018-01200401
30-06-2016	31-01-2017	24-02-2017	24 d late	2017-05200100

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Established

Founded in 2008, 18 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

0.1% Very low

0%0,5%1,5%4%10%≥25%

Lower-failure-rate sector −Annual accounts: healthy financial profile −Long track record −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€96k+12682.7%

Working capital€270k-21.3%

CSV export

Annual accounts & ratios

Source: NBB · 2025

Annual accounts filed on 30-01-2026 with the NBB · fiscal year 2025 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

declining Equity: declining trend of ~3.8%/year over 7 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 69, Legal & accounting · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	89.0%	53.8%	better than 90% of 1943 sector peers
Net result	€96k	€43k	better than 81% of 1943 sector peers
Equity	€364k	€56k	better than 94% of 1944 sector peers
Gross operating margin	€156k	€68k	better than 83% of 1942 sector peers
Total assets	€409k	€133k	better than 86% of 1943 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P90

Stable position over 2020-2025 · n=558-4818

Net result P81

Weakening position over 2020-2025 · n=558-4815

Equity P94

Stable position over 2020-2025 · n=559-4818

Gross operating margin P83

Weakening position over 2020-2025 · n=557-4813

Describes the position versus peers, not a forecast.

EBITDA

€156k

+540.6% 19-25

Net profit

€96k

+12682.7% 19-25

Cash flow

€121k

+484.1% 19-25

Total assets

€409k

-13.3% 19-25

Equity

€364k

-12.2% 19-25

Working capital

€270k

-21.3% 19-25

Income taxes

€38k

+2943.0% 19-25

Dividends

€147k

+896.6% 19-25

Debt

€45k

-21.3% 19-25

Debt ≤ 1y

€43k

-21.9% 19-25

Current ratio

7.22

+0.7% 19-25

Quick ratio

7.22

+0.7% 19-25

Solvency

89.0%

+1.3% 19-25

Debt / equity

0.12

-10.4% 19-25

ROE

26.3%

+14458.0% 19-25

ROA

23.4%

+14642.6% 19-25

Interest coverage

753.49

+8475.1% 19-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	micro
Revenue	-
EBITDA	€156k
Net profit	€96k
Cash flow	€121k
Staff costs	-
Income taxes	€38k
Dividends	€147k
Total assets	€409k
Equity	€364k
Debt	€45k
of which ≤ 1y	€43k
of which > 1y	-
Working capital	€270k
Employees (FTE)	-

Ratios (computed)

	2025
Current ratio	7.22
Quick ratio	7.22
Working capital ratio	66.1%
Solvency	89.0%
Debt / equity	0.12
Long-term debt ratio	-
Interest coverage	753.49
Gross margin	-
Net margin	-
ROA	23.4%
ROE	26.3%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €95k · 23.3% Current assets €314k · 76.7%

Equity & liabilities

Equity €364k · 89.0% Debt €45k · 11.0%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€409k
Fixed assets	21/28	€95k
Tangible fixed assets	22/27	€95k
Financial fixed assets	28	€750
Current assets	29/58	€314k
Amounts receivable within one year	40/41	€143k
Cash & bank	54/58	€169k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€409k
Equity	10/15	€364k
Contributions / capital	10/11	€108k
Reserves	13	€256k
Accumulated profits (losses)	14	€0
Amounts payable	17/49	€45k
Amounts payable within one year	42/48	€43k
Trade debts payable within one year	44	€3k
Income statement
Gross operating margin	9900	€156k
Operating result	9901	€131k
Financial income	75	€3k
Financial charges	65	€207
Result before taxes	9903	€134k
Income taxes	67/77	€38k
Net result for the period	9904	€96k
Result to be appropriated	9905	€96k

You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2025 · computed

98 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Directors

Directors & mandates

1 director

Current directors & mandates

De Pauw Yves
Director
State Gazette act 24129562 (04-09-2024)

Current
01-07-2024 → present

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary	Overige rechtskundige dienstverlening(69109)
Legal form	Private limited company(610)
Incorporation	27-06-2008
Status	Active
Postal code	9820

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank

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.

Hundelgemsesteenweg 11129820 Merelbeke-Melle

Establishment units

1 location

Hundelgemsesteenweg 1112, 9820 Merelbeke-Melle

Computerconsultancy-activiteiten

since 20082.172.091.306

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area1,225 m²

Buildings1

Building footprint309 m²

Volume (LiDAR)1,408 m³

Tallest building8.4 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44058B0456/00D000	Flanders	1,225 m²	1 · 309 m²	8.4 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 acts

All acts · 1 updated 1 year ago

2024

04-09-2024 De Pauw Yves appointed as director Director changes

De Pauw Yves, Bestuurder

Original publication ↗

Analysis

Snowflake analysis

financial profile on 5 axes

86 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 98

Profitability 100

Solvency 100

Growth 32

Stability 100

Ask AI about this company

Checked AI

Soon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.

TryWhat are the main risks?Any recent red flags?Compare to sector peers

Coming soon

AI due-diligence brief

Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon

The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works