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IP MODUS

Active Private limited companyfounded 2002active for 24 yearsAvenue Belle Vue 120, 1410 WaterlooKBO/BCE: BE 0478.004.914

Overview

Lifetime

20 annual accounts with figures on one time axis, 23 filings since 2003
peak of €182,573 in 2013
€53,685▼ 5.1%
lowest -€9,265 in 2007
€32,599▼ 1.6%
peak of €151,123 in 2025
€151,123▲ 3.3%
€31,826▼ 56.6%
Board1 name since 2021
1 director
Documentsfilings and deeds
02-07-202629 days before the deadline
2025micro format
Dividend €27,800Debts from €73,313 to €31,826

Key points

from the 2025 annual accounts

Equity

€151,123 ▲ 3.3%
146,3242024+32,599Profit-27,800Dividend151,1232025

IP MODUS paid out €27,800 in dividends. That is 85% of the 2025 profit.

Liquidity

5.68 was 2.94 in 2024

Short-term debts fell from €73,313 to €31,826.

Filings

23 annual accounts since 2003
AprilJune31 JulyOctober20102020

Two of the last ten came late. The 2021 accounts came in latest, 31 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 31,386 companies had the same profile as IP MODUS has now. Each dot stands for 79 companies, two years later.

93.4%
were still trading
6.0%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 31,386 companies, not a prediction for IP MODUS. 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.

Credit verdict

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0478004914
Change of role: , from manager to director “Les services de fournisseurs en télécommunication,en téléphonie fixe et mobile tant en Belgique qu’à…” (deed in French) · General meeting of 17-01-2024 · Gazette deed
First establishment Avenue Belle Vue 120, Waterloo
Incorporation published on 30-07-2002 · Gazette deed
All 32 events

Comparable companies

same main activity, similar in size and age
Company
IP MODUS Waterloo €182,949 €53,685 82.6% -
CASEA Waterloo €149,738 €55,389 46.0% -
C-CONSULT MANAGEMENT Genappe €180,779 €54,731 -1.2% -
INTERIM MANAGEMENT TRAINING AND CONSULTANCY Grez-Doiceau €158,577 €55,428 -53.7% -
PRO SPIRIT Lasne €186,583 €46,857 56.9% -
BANDO CONSULT Nivelles €185,867 €62,257 68.4% -
EGREGORIA Nivelles €149,487 €59,648 39.3% -

These companies have the same main activity as IP MODUS: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €149,000 and €187,000, founded between 2001 and 2004.

Official details

Source: KBO
Status
Active since 16-07-2002Normal situation
Activity
Business and other management consultancyNACE 70200
Establishment unit
2.114.430.8431410 Waterloo, since 20-09-2002
Financial year end
31 December
Peppol
Reachable since 11-12-2025
Company details

Annual accounts 2025

€53,685▼ 5.1%
≈ €110,000estimated
€32,599▼ 1.6%
€151,123▲ 3.3%
€182,949▼ 16.7%
≈ 0 FTEestimated
Filing
Filed on 02-07-2026, 29 days before the end of the filing period
Financials

Insights on IP MODUS

IP MODUS files the micro format. That format states no turnover. The gross margin rose from -€685 in 2006 to €53,685 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 02-07-2026, 29 days before the deadline
€53,685
▼ 5.1%
€50,202
▲ 1.3%
€32,599
▼ 1.6%
€148,817
▲ 4.4%
82.6%
▲ 16.0 percentage points
5.68
▲ 2.73

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €110,000. Estimated: probably between €81,000 and €140,000.

Balance sheet

balance sheet total €182,949 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

82.6%

Higher than 80% of 41,246 companies in 2025.

5.68

Higher than 81% of 39,815 companies in 2025.

17.8%

Higher than 56% of 40,336 companies in 2025.

IP MODUS Middle half of the sector 80% of the sector Micro accounts in head offices and management consultancy (NACE 70)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 182,949219,637214,108222,121208,072220,410169,875264,951234,759241,255378,239490,116745,765550,488334,073191,643295,43469,6953,32414
21/28 2,3063,79510,04016,9054,0859,29115,43122,33731,43910,94918,96630,65412,91915,30125,59724,36833,21221,3921,560-
22/27 2,3063,79510,04016,9054,0209,22615,36622,27231,37410,88418,90130,58912,85415,23625,53224,30333,14721,3921,560-
23 ---------------110220---
24 2,3063,79510,04016,9054,0209,22615,36622,27231,37410,88418,90129,29110,25911,34420,34224,19332,92721,3921,560-
26 -----------1,2972,5953,8925,190-----
28 ----65656565656565656565656565---
29/58 180,643215,842204,068205,216203,987211,119154,444242,614203,320230,305359,273459,462732,846535,187308,477167,274262,22248,3041,76414
3 -5,6525,7556,1485,7353,426--------------
30/36 -5,6525,7556,1485,7353,426--------------
40/41 32,40220,01245,76854,77357,07159,08761,73782,02684,96479,224170,735163,50853,470167,042108,182145,585228,16727,234700-
40 32,08418,50944,26545,46847,76759,08757,89250,94077,90754,072139,049151,14450,952154,764106,313107,503175,68018,550--
41 3171,5031,5039,3049,304-3,84531,0867,05725,15231,68612,3642,51812,2781,86938,08252,4878,685700-
54/58 147,941190,025149,414141,340140,418147,82192,011159,746117,371150,216187,923294,199678,041366,835199,07820,38030,98420,1687414
490/1 3001533,1322,9567637856968429858666141,7551,3361,3101,2161,3093,071902990-
Balance sheet: equity and liabilities
10/49 182,949219,637214,108222,121208,072220,410169,875264,951234,759241,255378,239490,116745,765550,488334,073191,643295,43469,6953,32414
10/15 151,123146,324123,685100,406106,033104,36176,23356,62485,65021,45321,54821,53721,17620,89920,59120,46321,15410,076-5,988-653
10/11 18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60014,670
100 ------18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
101 -------------------3,930
13 122,559118,35995,72172,44250,66029,6601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860---
130/1 -1,8601,8601,8601,8601,860--------------
130 ------1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860---
1311 -1,8601,8601,8601,8601,860--------------
133 122,559116,49993,86170,58248,80027,800--------------
14 9,9649,3659,3659,36536,77356,10155,77336,16465,1909931,0881,0777164391313694-8,524-24,588-15,323
17/49 31,82673,31390,423121,715102,039116,04893,643208,327149,109219,802356,691468,579724,590529,589313,482171,179274,28059,6199,312667
17 -------------8,04916,42424,39731,9878,243--
170/4 -------------8,04916,42424,39731,9878,243--
42/48 31,82673,31390,423121,715102,039116,04893,643208,327149,035219,802356,691468,579724,135519,976296,993146,668242,29351,3629,311667
42 ---5,0226,700-------8,0498,3767,9737,5897,2243,059--
43 --------------109----
430/8 --------------109----
44 22,10921,43923,68034,92941,02045,18537,65168,88581,32299,937142,346154,20755,884156,062125,52592,528190,85031,3143,411-
440/4 22,10921,43923,68034,92941,02045,18537,65168,88581,32299,937142,346154,20755,884156,062125,52592,528190,85031,3143,411-
45 6,7627,7301,1781,8979,87423,17211,46716,3087866,82928,36320,34654,02956,04339,32728,97327,2193,458--
450/3 6,7447,7301,1781,8979,87423,17211,46716,3087864,88526,43620,34654,02956,04339,32728,97327,2193,458--
454/9 18--------1,9451,927---------
47/48 2,95644,14465,56579,86844,44547,69244,524123,13466,927113,035185,983294,026606,172299,495124,15817,57017,00013,5315,900667
492/3 --------74---4551,56464114-141-
Income statement
76A --------10,694--46,797-2,807-57217---
9900 53,68556,59978,48894,19566,993114,69695,20936,783110,43983,35251,605175,552182,573167,610103,38557,93171,86627,880-8,422-685
62 237-------------------
630 3,1236,2457,2244,8898,9747,9538,5189,10210,52810,32015,87714,56513,92710,93111,08610,59310,5945,28273835
631/4 -505718--3,922--------------
640/8 1242902474786516667033,3811,4307558492,2371,2228476782,8008,413526-75
66A -------------0-82-1,884--
9901 50,20249,56070,29988,82857,368102,15585,98924,30098,48172,27734,880158,749167,425155,83291,62144,53852,85922,073-9,160-795
75/76B 160-1570077752411631,03010,0991,3161,53660011,4483,4693160--
75 160-1570077752411631,03010,0991,3161,53660011,4483,4693160--
65/66B 16516333,68029,86925,16717,22426,1052943,66138842072010,6593,1669,8696,9021,39873910542
65 16516333,68029,86925,16717,22426,10529452738842072010,6593,1669,8696,9021,39873910542
66B --------3,134-----------
9903 50,19749,39736,77658,96032,20085,00859,95924,24694,98372,91944,559206,143158,302156,07293,20041,59451,79419,450-9,265-837
67/77 17,59816,25813,49716,08710,52921,88015,3507,27230,78627,01418,54871,78256,02555,76534,07216,51520,7163,385--
9904 32,59933,13923,27942,87321,67263,12844,60916,97564,19745,90526,011134,361102,277100,30859,12825,07931,07816,065-9,265-837
9905 32,59933,13923,27942,87321,67263,12844,60916,97564,19745,90526,011134,361102,277100,30859,12825,07931,07816,065-9,265-837
Appropriation of the result
9906 41,96442,50332,64479,64677,773118,90180,77382,16465,19046,99327,088135,077102,716100,43959,13125,77322,554-8,524-24,588-15,323
14P 9,3659,3659,36536,77356,101---------------
791/2 27,800-------------------
691/2 32,00022,63923,27921,78221,00027,800----------1,860---
6920 ----------------1,860---
6921 32,00022,63923,27921,78221,00027,800--------------
694/7 27,80010,500-48,50020,00035,00025,00046,000-46,00026,000134,000102,000100,00059,00025,77020,000---
694 27,80010,500-48,50020,00035,00025,00046,000-46,00026,000134,000102,000100,00059,00025,77020,000---
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 3 older financial years, from 2003 to 2005, were filed as documents without figures as data, scans for example.

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 02-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 02-07-2026 2026-00240644 PDF
31-12-2024 micro format 27-06-2025 2025-00186494 PDF
31-12-2023 micro format 26-06-2024 2024-00162742 PDF
31-12-2022 micro format 18-08-2023 2023-00333924 PDF
31-12-2021 micro format 31-08-2022 2022-20365133 PDF
31-12-2020 micro format 30-06-2021 2021-28300304 PDF
31-12-2019 micro format 30-06-2020 2020-23600350 PDF
31-12-2018 micro format 28-06-2019 2019-25600136 PDF
31-12-2017 micro format 27-06-2018 2018-24200382 PDF
31-12-2016 micro format 27-06-2017 2017-22500543 PDF
31-12-2015 full format 29-08-2016 2016-52600279 PDF
31-12-2014 full format 17-07-2015 2015-32000071 PDF
31-12-2013 full format 20-06-2014 2014-19700590 PDF
31-12-2012 full format 28-06-2013 2013-25300443 PDF
31-12-2011 full format 30-07-2012 2012-37200330 PDF
31-12-2010 full format 12-07-2011 2011-30100075 PDF
31-12-2009 full format 23-08-2010 2010-43900340 PDF
31-12-2008 full format 27-07-2009 2009-48700303 PDF
31-12-2007 full format 01-07-2008 2008-34300048 PDF
31-12-2006 full format 20-09-2007 2007-73100355 PDF
31-12-2005 full format 13-11-2006 2006-87104520 PDF
31-12-2004 abbreviated format 13-11-2006 2006-87104507 PDF
31-12-2003 abbreviated format 13-11-2006 2006-87104494 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
53,32455,80477,52493,71766,342110,10894,50733,402109,00982,59750,756173,314181,352166,763102,70755,13163,45227,355-8,422-760
35,72139,38330,50347,76230,64671,08153,12626,07674,72556,22541,887148,926116,204111,23970,21435,67241,67121,347-8,527-802
1,634035917,7743,7681,8131,612038,3232,3034,18932,30011,96963612,3142,79139,07025,7132,298-
-42,08440,6108,075921-7,40255,809-67,73542,375-32,845-37,707-106,276-383,842311,206167,757178,699-10,60510,81620,09460-
148,817142,529113,64683,501101,94895,07060,80234,28754,28510,5032,582-9,1178,71115,21011,48320,60619,929-3,058-7,547-653
82.6%66.6%57.8%45.2%51.0%47.3%44.9%21.4%36.5%8.9%5.7%4.4%2.8%3.8%6.2%10.7%7.2%14.5%--
5.682.942.261.692.001.821.651.161.361.051.010.981.011.031.041.141.080.94--
5.682.872.191.641.941.791.651.161.361.051.010.981.011.031.041.141.080.94--
0.210.500.731.210.961.111.233.681.7410.2516.5521.7634.2225.3415.228.3712.975.92--
21.6%22.6%18.8%42.7%20.4%60.5%58.5%30.0%75.0%214.0%120.7%623.9%483.0%480.0%287.2%122.6%146.9%159.4%--
17.8%15.1%10.9%19.3%10.4%28.6%26.3%6.4%27.3%19.0%6.9%27.4%13.7%18.2%17.7%13.1%10.5%23.1%--
over 100over 1002.303.142.64---------------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€1,634-€359€17,774€3,768
€3,123€6,245€7,224€4,889€8,974

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on IP MODUS

The operating result for 2025 is 1% higher than in 2024. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total falls from 33.4% to 17.4%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, last change in 2024
Director (not named in the articles)
appointed by deed of 23-01-2024 term without a fixed end
earlier manager, until 23-01-2024
listed in the 2025 annual accounts, filed on 02-07-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Director (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
    • Director (not named in the articles), since before 31-12-2021
    • Manager, until 23-01-2024

See the board, name and registered office on a given date →

Control

Capital

Contribution
€18,600
Source
2025 annual accounts

Articles of association

deed of 23-01-2024 (in French)
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
“Administrateur, majorité absolue des voix”
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Moitié cédant moitié acquéreurs, agrément”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Tuesday of June

Network & group

No group

IP MODUS has no parent and no holdings in its annual accounts. is the only director. IP MODUS shares no director with another company.

Timeline

Timeline

32 events since 2002

The 2026 accounts are due by 31-07-2027.

2026
Annual accounts 2025 filed NBBmicro format · 29 days before the deadline
2025
Equity above €150,000 equity €151,123 ▲3.3% After 18 profitable years in a row, equity reaches €151,123.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0478004914
Annual accounts 2024 filed PDFmicro format · 34 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 35 days before the deadline
Change of role: , from manager to director“Les services de fournisseurs en télécommunication,en téléphonie fixe et mobile tant en Belgique qu’à…” (deed in French) · General meeting of 17-01-20246 points ▸
  • General meeting, 17-01-2024
  • Capital, €18,600
  • Purpose change, “Les services de fournisseurs en télécommunication,en téléphonie fixe et mobile tant en Belgique qu’à l’étranger; L’offre des prestations de solutions de…” (deed in French)
  • Director resignation, (manager)
  • Director appointment, (director (not named in the articles))
  • Registered office clause, Avenue Belle Vue 120, 1410 Waterloo
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

2023
Annual accounts 2022 filed PDFmicro format · 18 days late
2022
Annual accounts 2021 filed PDFmicro format · 31 days late
2021
Annual accounts 2020 filed PDFmicro format · 31 days before the deadline
2020
Equity above €100,000 equity €104,361 ▲36.9% After 13 profitable years in a row, equity reaches €104,361.
Annual accounts 2019 filed PDFmicro format · 31 days before the deadline
2019
Annual accounts 2018 filed PDFmicro format · 33 days before the deadline
2018
Annual accounts 2017 filed PDFmicro format · 34 days before the deadline
2017
Annual accounts 2016 filed PDFmicro format · 34 days before the deadline
2016
Annual accounts 2015 filed PDFfull format · 29 days late
2015
Annual accounts 2014 filed PDFfull format · 14 days before the deadline
2014
Highest result from 2006 to 2025 net €134,361 ▲31.4% The net result of €134,361 is the highest of those years.
Annual accounts 2013 filed PDFfull format · 41 days before the deadline
2013
Annual accounts 2012 filed PDFfull format · 33 days before the deadline
2012
Annual accounts 2011 filed PDFfull format · 1 day before the deadline
2011
Annual accounts 2010 filed PDFfull format · 19 days before the deadline
2010
Annual accounts 2009 filed PDFfull format · 23 days late
2009
Annual accounts 2008 filed PDFfull format · 4 days before the deadline
2008
Back to profit net €16,065 The net result is €16,065, after 2 loss-making years.
Annual accounts 2007 filed PDFfull format · 30 days before the deadline
2007
Weakest financial year net -€9,265 The net result drops to -€9,265, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2006 filed PDFfull format · 51 days late
2006
Annual accounts 2003 filed PDFabbreviated format
Annual accounts 2004 filed PDFabbreviated format
Annual accounts 2005 filed PDFfull format
2002
First establishment Avenue Belle Vue 120, Waterloo
Incorporation published on 30-07-2002

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

IP MODUS was incorporated on 16 July 2002.1 Total assets fell from €264,951 in 2018 to €182,949 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0478.004.914
VAT number
BE 0478.004.914
Peppol ID
0208:0478004914
Other Peppol ID
9925:BE0478004914
LEI code
254900PO2BXNDH1T5U29 no longer live in the LEI register
Legal form
Private limited company
Status
Active, normal situation
Founded
16-07-2002
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Tuesday of June
deed of 23-01-2024 (in French)
Peppol
Reachable since 11-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
IP MODUS in French
Entity type
Legal entity

Activities

NACEBEL 2025
VAT activities
Social security (RSZ) activities
Codes under NACEBEL 2008
70220 Business consulting main activity
Codes under NACEBEL 2003
74142 main activity

Registered office and establishments

1 establishment
Establishment Start date Unit number
Avenue Belle Vue 120 registered office 1410 Waterloo 20-09-2002 2.114.430.843

Buildings and parcels at the address

Ground area
1,685 m²
Buildings
157 m²
Volume, LiDAR
726 m³
Tallest building
5.7 m
Buildings to scale, each on its own parcel
157 m², 5.7 m 157 m², 5.7 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
25763I0542/00A0001,684 m² 1 · 157 m² 5.7 m · 2