IP-IMMO
ActiveSummary
IP-IMMO has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.1m and a net result of €68,198. Equity has been stable since 2019 (±1.5% per year). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 09-01-2019 Normal situation
- Registered office
- 17 active companies are registered at this address 2 started in the 12 months before. Source: KBO register, as of 2 November 2026.
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.285.999.889 3980 Tessenderlo-Ham, since 09-01-2019
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
- Incognito 007Director · permanent representative BEN-AL-LAL Ismail
- U2P99.96%2025 annual accounts of U2P
- Holdings
- Shares in 1 company VERI-IMMO
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €240,249
- ▼ 13.0%
- Turnover
- ≈ €610,000
- estimated
- Profit
- €68,198
- ▼ 31.4%
- Equity
- €2.1m
- ▲ 0.7%
- Total assets
- €2.3m
- ▲ 2.8%
Score breakdownlowers riskSize: total assets €2.3mLiquidity: current ratio 4.45, cash €979,189Figures for financial year 2025 (filed on 27-07-2026)Equity €2.1m (90.5% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, small). It does better than 82% of them on solvency, 98% on liquidity, 80% on profitability and 51% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 18 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 27-07-2026 at the NBB all 7 filings
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is 39% lower than in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
- 2022 Net result +10,669% on 2021. The accounts now follow the abbreviated format, last year the micro format.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €3,145 | - | €799,127 | €62,699 | €17,403 |
| Financial fixed assets | €206,600 | - | - | - | - |
| Depreciation and write-downs of the year | €118,053 | €77,999 | €114,291 | €82,434 | €86,420 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Companies with the same profile, two years later
Historical observationIn July 2024, 1,639 companies had the same profile as IP-IMMO has now. Two years later, 0.5% had gone bankrupt and 95.5% were still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of IP-IMMO itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,639 companies, not a prediction for IP-IMMO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €598,800 | €50,000 | €1,843 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €192,741 | €117,789 | €118,053 | €77,999 | €114,291 | €82,434 | €86,420 | ▲ 4.8% |
| Other operating charges640/8 | - | - | €12,263 | €42,348 | €39,155 | €43,308 | €62,262 | ▲ 43.8% |
| Gross operating margin9900 | €269,375 | €165,231 | €141,842 | €778,627 | €217,052 | €276,302 | €240,249 | ▼ 13.0% |
| Operating profit (loss)9901 | €57,691 | -€15,136 | €11,526 | €658,280 | €63,606 | €150,560 | €91,567 | ▼ 39.2% |
| Financial income75/76B | - | - | €705 | - | - | €7,164 | - | - |
| Recurring financial income75 | - | €368 | €705 | - | - | €7,164 | - | - |
| Financial charges65/66B | - | - | €7,730 | €15,519 | €6,835 | €25,146 | €636 | ▼ 97.5% |
| Recurring financial charges65 | €56,261 | €2,763 | €7,730 | €15,519 | €6,835 | €25,146 | €636 | ▼ 97.5% |
| Profit (loss) for the period before taxes9903 | €1,430 | -€17,531 | €4,500 | €642,761 | €56,771 | €132,578 | €90,930 | ▼ 31.4% |
| Income taxes67/77 | €423 | - | - | €158,159 | €14,193 | €33,145 | €22,733 | ▼ 31.4% |
| Profit (loss) for the period9904 | €1,007 | -€17,531 | €4,500 | €484,602 | €42,578 | €99,434 | €68,198 | ▼ 31.4% |
| Profit (loss) for the period to be appropriated9905 | €1,007 | -€17,531 | €4,500 | €484,602 | €42,578 | €99,434 | €68,198 | ▼ 31.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €3.0m | €3.6m | €3.6m | €2.6m | €2.7m | €2.3m | €2.3m | ▲ 2.8% |
| Fixed assets21/28 | €2.5m | €2.4m | €2.5m | €1.6m | €2.2m | €1.4m | €1.3m | ▼ 4.9% |
| Tangible fixed assets22/27 | €2.5m | €2.4m | €2.3m | €1.3m | €2.0m | €1.2m | €1.1m | ▼ 5.7% |
| Land and buildings22 | - | - | €2.3m | €1.3m | €2.0m | €1.2m | €1.1m | ▼ 5.7% |
| Financial fixed assets28 | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Current assets29/58 | €0.5m | €1.3m | €1.1m | €1.1m | €0.5m | €0.8m | €1.0m | ▲ 15.7% |
| Amounts receivable within one year40/41 | €0.06m | - | €0.04m | €0.2m | €0.006m | €0.008m | €0.002m | ▼ 75.8% |
| Trade receivables40 | - | - | €0.04m | €0.1m | - | - | - | - |
| Other amounts receivable41 | - | - | - | €0.05m | €0.006m | €0.008m | €0.002m | ▼ 75.8% |
| Cash at bank and in hand54/58 | €0.4m | €1.2m | €1.0m | €0.9m | €0.5m | €0.8m | €1.0m | ▲ 16.5% |
| Deferred charges and accrued income490/1 | - | - | €0.01m | - | - | - | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €3.0m | €3.6m | €3.6m | €2.6m | €2.7m | €2.3m | €2.3m | ▲ 2.8% |
| Equity10/15 | €1.9m | €1.9m | €1.9m | €2.0m | €2.1m | €2.1m | €2.1m | ▲ 0.7% |
| Contributions10/11 | €0.4m | - | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Reserves13 | €1.6m | €1.5m | €1.5m | €1.6m | €1.7m | €1.7m | €1.7m | ▲ 0.8% |
| Non-distributable reserves130/1 | - | - | €0.04m | €0.04m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €0.04m | €0.04m | - | - | - | - |
| Distributable reserves133 | - | - | €1.5m | €1.6m | €1.7m | €1.7m | €1.7m | ▲ 0.8% |
| Amounts payable17/49 | €1.0m | €1.7m | €1.6m | €0.6m | €0.6m | €0.2m | €0.2m | ▲ 29.6% |
| Amounts payable after more than one year17 | - | €0.6m | €0.6m | - | €0.6m | - | - | - |
| Financial debts170/4 | - | - | €0.6m | - | €0.6m | - | - | - |
| Amounts payable within one year42/48 | €1.0m | €1.1m | €1.1m | €0.6m | €0.07m | €0.2m | €0.2m | ▲ 29.6% |
| Current portion of amounts payable after more than one year42 | - | - | €0.07m | €0.2m | €0.007m | €0.007m | €0.007m | ▼ 0.3% |
| Trade debts44 | €0.01m | €0.008m | €0.002m | €0.006m | €0.006m | €0.04m | €0.03m | ▼ 19.7% |
| Suppliers440/4 | - | - | €0.002m | €0.006m | €0.006m | €0.04m | €0.03m | ▼ 19.7% |
| Taxes, remuneration and social security45 | - | - | - | - | - | - | €0.003m | - |
| Taxes450/3 | - | - | - | - | - | - | €0.003m | - |
| Other amounts payable47/48 | - | - | €1.0m | €0.4m | €0.06m | €0.1m | €0.2m | ▲ 42.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,007 | -€17,531 | €4,500 | €484,602 | €42,578 | €99,434 | €68,198 | ▼ 31.4% |
| + Depreciation and write-downs630 | €192,741 | €117,789 | €118,053 | €77,999 | €114,291 | €82,434 | €86,420 | ▲ 4.8% |
| Operating cash flow (approximation) | €193,748 | €100,258 | €122,553 | €562,601 | €156,870 | €181,867 | €154,618 | ▼ 15.0% |
| Investment in fixed assets (approximation) | - | €0 | -€209,745 | €842,641 | -€749,127 | €688,198 | -€17,403 | - |
| Change in cash | - | €776,432 | -€140,653 | -€127,600 | -€400,814 | €325,533 | €138,798 | ▼ 57.4% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 27-07-2026 | 2026-00334120 | NBB |
| 31-12-2024 | abbreviated format | 24-07-2025 | 2025-00302625 | |
| 31-12-2023 | abbreviated format | 29-08-2024 | 2024-00395751 | |
| 31-12-2022 | abbreviated format | 25-08-2023 | 2023-00353280 | |
| 31-12-2021 | micro format | 20-08-2022 | 2022-20299226 | |
| 31-12-2020 | micro format | 30-08-2021 | 2021-57700548 | |
| 31-12-2019 | micro format | 31-08-2020 | 2020-48100199 |
Board & ownership
Directors
Board 1
Permanent representatives 1
Owners and capital
Shareholders
1 ownerChain of control
- U2P
- IP-IMMO
Owners 1
-
99.96%
Capital transactions
- 12-12-2023 Converted to available equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Incognito 007 |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, 1”
Articles of association, deed of 12-12-2023 (in Dutch)
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
- VERI-IMMOsubsidiarySourceown accounts 2025Equity -€36,760 Profit of €136 in 2025 (loss of €1,520 in 2024) Checked score 54100%
Companies at the same address
16 other companies- Bijkracht Registered office · since 2026 1042222537
- DREAMLINER Registered office · since 2026 1035273377
- Apollo 18 Registered office · since 2024 1017235238
- Calor Registered office · since 2023 1001744734
- Future Roof Registered office · since 2023 0804596390
- At Group Registered office · since 2023 0795802747
- CLOVER12 Registered office · since 2021 0769504067
- Cocosi Registered office · since 2021 0764666341
- Incognito 007 Establishment · since 2020 0823471503
- Futech Service Registered office · since 2017 0686916980
Connections & network
1 current directorThe network starts from the directors of IP-IMMO. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
12-12
Gazette deed
Change of role: Incognito 007, from manager to directorPermanent representative: BEN-AL-LAL Ismail · Amendment of the articles · Capital conversion10 points ▸
- General meeting, 07-11-2023
- Amendment of the articles, mentioned 3 times in the deed
- Capital conversion, “beschikbaar voor toekomstige uitkeringen” (deed in Dutch)
- Capital
- Director resignation, Incognito 007 (manager)
- Director appointment, Incognito 007 (director (not named in the articles))
- Permanent representative, BEN-AL-LAL Ismail
- Other provision, “geen beroepsverbod na faillissement, tot op heden” (deed in Dutch)
- Director discharge, Incognito 007
- Registered office clause, “3980 Tessenderlo, Ambachtsstraat 19/pandnummer 2124, algemene vergadering” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Invoicing and payment
Financial year and general meeting
Accounts at the NBBEnvironmental permits
The 10 most recent of 11 applications.
Source: Omgevingsloket Vlaanderen.
Sites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71362B1427/00P000 | Flanders | 8,299 m² | 1 · 4,547 m² | 7.5 m · 1 |