IP NEXIA
ActiveSummary
IP NEXIA has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.0m and a net result of -€70,207. Equity is growing by ~18.7% per year across the filed fiscal years. Its solvency ranks better than 66% of 97 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability53▼-17
Solvency71▲+8
Growth66▼-1
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65,000 at 30 days acceptable
Liquidity ample (current ratio 1.81 against 1.38 in 2023; short-term debt: 47.8% and cash: 32.5% of total assets), but 54% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 61
Relative position
BE, all sectors
reference
Telecommunications (NACE 61)
about 159% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
46%
Return on assets
-3.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
23 d early
2022
62 d early
2021
41 d early
2020
61 d early
2019
18 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 40 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, full schema
Turnover
€6.0m▼ 0.1%
2023 · €6.0m
EBIT margin
-0.8%▼ 5.3pp
2023 · 4.4%
Net result
-€70,207
2023 · €252,706
Working capital
€857,794▲ 31.0%
2023 · €654,658
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 61, Telecommunications, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€5.9m▲ 6.0%€5.9m=€6.0m▲ 1.8%€6.0m▲ 0.1%€6.0m▼ 0.1%
Operating result€48,818€105,553▲ 116%€170,699▲ 61.7%€264,918▲ 55.2%-€51,010
Net result€28,980€95,573within the sector's middle half▲ 230%€147,683within the sector's middle half▲ 54.5%€252,706within the sector's middle half▲ 71.1%-€70,207within the sector's middle half
EBIT margin0.8%▲ 10.1pp1.8%▲ 1.0pp2.8%▲ 1.1pp4.4%▲ 1.6pp-0.8%▼ 5.3pp
Equity€593,329▲ 5.1%€688,903within the sector's middle half▲ 16.1%€836,585within the sector's middle half▲ 21.4%€1.1mwithin the sector's middle half▲ 30.2%€1.0mwithin the sector's middle half▼ 6.4%
Total assets€2.8m▲ 5.8%€3.1mwithin the sector's middle half▲ 9.2%€3.0mwithin the sector's middle half▼ 1.8%€2.9mwithin the sector's middle half▼ 6.0%€2.2mwithin the sector's middle half▼ 22.8%
Debt€2.2m▲ 9.1%€2.4m▲ 7.4%€2.1m▼ 11.9%€1.8m▼ 16.5%€1.2m▼ 32.8%
Working capital€774,994▲ 18.3%€946,189▲ 22.1%€408,073▼ 56.9%€654,658▲ 60.4%€857,794▲ 31.0%
Solvency20.9%▼ 0.1pp22.2%within the sector's middle half▲ 1.3pp27.4%within the sector's middle half▲ 5.3pp38.0%within the sector's middle half▲ 10.6pp46.0%within the sector's middle half▲ 8.0pp
Staff (FTE)11.9▼ 20.1%11.7within the sector's middle half▼ 1.7%10.4within the sector's middle half▼ 11.1%7.5within the sector's middle half▼ 27.9%7.9below the sector's middle half▲ 5.3%
above
within
below
the middle half (P25 to P75) of NACE 61, Telecommunications, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €51,010 after €264,918 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.2m
Fixed assets
€298,825 ▼ 36.3%
Current assets
€1.9m ▼ 20.1%
Equity and liabilities €2.2m
Equity
€1.0m ▼ 6.4%
Debt
€1.2m ▼ 32.8%
Debt's share of the balance-sheet total falls from 62.0% to 54.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€133,836▼
2023 · €439,907
Cash flow
€114,639▼
2023 · €427,695
Current ratio
1.81▲
2023 · 1.38
Quick ratio
1.80▲
2023 · 1.37
Debt to equity
1.17▼
2023 · 1.63
ROE
-6.9%▼
2023 · 23.2%
ROA
-3.2%▼
2023 · 8.8%
Interest coverage
7.64▼
2023 · 41.90
Debt ≤ 1 year
€1.1m▼
2023 · €1.7m
Debt > 1 year
€131,750▲
2023 · €28,974
Income taxes
€2,370▲
2023 · €1,502
Staff costs
€712,774▼
2023 · €778,692
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,304 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,304 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €6.0m | €6.0m | €6.2m | €6.1m | €6.1m | ▲ 0.5% |
| Turnover70 | €5.9m | €5.9m | €6.0m | €6.0m | €6.0m | ▼ 0.1% |
| Other operating income74 | €106,596 | €100,358 | €158,144 | €47,310 | €81,264 | ▲ 71.8% |
| Non-recurring operating income76A | €14,155 | - | €15,840 | - | - | - |
| Operating charges60/66A | €6.0m | €5.9m | €6.0m | €5.8m | €6.1m | ▲ 6.0% |
| Goods for resale, raw materials and consumables60 | €3.3m | €3.2m | €3.4m | €3.4m | €3.5m | ▲ 0.8% |
| Purchases600/8 | - | €3.2m | €3.4m | €3.4m | €3.5m | ▲ 1.0% |
| Change in stocks: decrease (increase)609 | €2,021 | -€1,603 | €817 | €2,818 | -€3,495 | ▼ 224% |
| Services and other goods61 | €1.5m | €1.5m | €1.5m | €1.4m | €1.4m | ▲ 1.9% |
| Remuneration, social security and pensions62 | €788,394 | €828,368 | €753,400 | €778,692 | €712,774 | ▼ 8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €323,170 | €221,007 | €166,566 | €174,989 | €184,846 | ▲ 5.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€14,539 | -€24,720 | -€75,063 | €32,361 | -€60,195 | ▼ 286% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | -€60,000 | - | €83,500 | -€83,500 | - | - |
| Other operating charges640/8 | €145,038 | €161,499 | €155,584 | €49,903 | €50,446 | ▲ 1.1% |
| Non-recurring operating charges66A | €250 | €1,303 | - | - | €356,782 | - |
| Operating profit (loss)9901 | €48,818 | €105,553 | €170,699 | €264,918 | -€51,010 | ▼ 119% |
| Financial income75/76B | - | €12,065 | €4,759 | €6,982 | €9,113 | ▲ 30.5% |
| Recurring financial income75 | €7,718 | €12,065 | €4,759 | €6,982 | €9,113 | ▲ 30.5% |
| Income from current assets751 | €638 | €804 | €1,309 | €1,643 | €2,675 | ▲ 62.8% |
| Other financial income752/9 | €7,080 | €11,261 | €3,450 | €5,339 | €6,438 | ▲ 20.6% |
| Financial charges65/66B | €23,941 | €20,613 | €24,047 | €17,692 | €25,940 | ▲ 46.6% |
| Recurring financial charges65 | €23,941 | €20,613 | €24,047 | €17,692 | €25,940 | ▲ 46.6% |
| Debt charges650 | €11,127 | €11,842 | €11,027 | €10,498 | €17,517 | ▲ 66.9% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | €2,126 | - | - | - | - | - |
| Other financial charges652/9 | €10,688 | €8,771 | €13,021 | €7,194 | €8,423 | ▲ 17.1% |
| Profit (loss) for the period before taxes9903 | €32,595 | €97,006 | €151,411 | €254,209 | -€67,837 | ▼ 127% |
| Income taxes67/77 | €3,615 | €1,432 | €3,728 | €1,502 | €2,370 | ▲ 57.7% |
| Taxes670/3 | €3,687 | €2,729 | €3,728 | €2,415 | €2,717 | ▲ 12.5% |
| Tax adjustments and reversals of tax provisions77 | €72 | €1,297 | - | €913 | €348 | ▼ 61.9% |
| Profit (loss) for the period9904 | €28,980 | €95,573 | €147,683 | €252,706 | -€70,207 | ▼ 128% |
| Profit (loss) for the period to be appropriated9905 | €28,980 | €95,573 | €147,683 | €252,706 | -€70,207 | ▼ 128% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.8m | €3.1m | €3.0m | €2.9m | €2.2m | ▼ 22.8% |
| Fixed assets21/28 | €547,735 | €527,810 | €587,640 | €469,068 | €298,825 | ▼ 36.3% |
| Intangible fixed assets21 | €9,657 | €4,661 | €1,074 | €3,338 | €1,983 | ▼ 40.6% |
| Tangible fixed assets22/27 | €504,068 | €468,038 | €531,456 | €405,895 | €270,987 | ▼ 33.2% |
| Plant, machinery and equipment23 | €415,539 | €259,144 | €249,782 | €309,551 | €203,534 | ▼ 34.2% |
| Furniture and vehicles24 | €1,894 | - | - | - | - | - |
| Leasing and similar rights25 | €68,768 | €206,299 | €147,424 | €94,389 | €58,292 | ▼ 38.2% |
| Other tangible fixed assets26 | €17,867 | €2,596 | €4,384 | €1,955 | €1,161 | ▼ 40.6% |
| Assets under construction and advance payments27 | - | - | €129,865 | - | €8,000 | - |
| Financial fixed assets28 | €34,010 | €55,110 | €55,110 | €59,835 | €25,855 | ▼ 56.8% |
| Affiliated companies280/1 | €12,000 | €12,000 | €12,000 | €32,000 | €0 | ▼ 100% |
| Participating interests280 | €12,000 | €12,000 | €12,000 | €12,000 | €0 | ▼ 100% |
| Amounts receivable281 | - | - | - | €20,000 | - | - |
| Other financial fixed assets284/8 | €22,010 | €43,110 | €43,110 | €27,835 | €25,855 | ▼ 7.1% |
| Amounts receivable and cash guarantees285/8 | €22,010 | €43,110 | €43,110 | €27,835 | €25,855 | ▼ 7.1% |
| Current assets29/58 | €2.3m | €2.6m | €2.5m | €2.4m | €1.9m | ▼ 20.1% |
| Stocks and contracts in progress3 | €18,173 | €19,776 | €13,716 | €6,922 | €8,796 | ▲ 27.1% |
| Stocks30/36 | €18,173 | €19,776 | €13,716 | €6,922 | €8,796 | ▲ 27.1% |
| Goods purchased for resale34 | €18,173 | €19,776 | €13,716 | €6,922 | €8,796 | ▲ 27.1% |
| Amounts receivable within one year40/41 | €1.5m | €1.4m | €1.6m | €1.7m | €989,603 | ▼ 41.0% |
| Trade receivables40 | €1.4m | €1.3m | €1.5m | €1.7m | €971,160 | ▼ 41.5% |
| Other amounts receivable41 | €63,903 | €40,372 | €39,658 | €18,187 | €18,443 | ▲ 1.4% |
| Cash at bank and in hand54/58 | €605,065 | €1.0m | €756,296 | €606,429 | €719,029 | ▲ 18.6% |
| Deferred charges and accrued income490/1 | €202,651 | €160,825 | €111,684 | €107,249 | €198,015 | ▲ 84.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.8m | €3.1m | €3.0m | €2.9m | €2.2m | ▼ 22.8% |
| Equity10/15 | €593,329 | €688,903 | €836,585 | €1.1m | €1.0m | ▼ 6.4% |
| Contributions10/11 | €737,932 | €737,932 | €737,932 | €737,932 | €737,932 | = |
| Capital10 | €737,932 | €737,932 | €737,932 | €737,932 | €737,932 | = |
| Issued capital100 | €737,932 | €737,932 | €737,932 | €737,932 | €737,932 | = |
| Reserves13 | €17,960 | €17,959 | €21,994 | €38,462 | €38,462 | = |
| Non-distributable reserves130/1 | €17,960 | €17,959 | €21,994 | €38,462 | €38,462 | = |
| Legal reserve130 | €17,960 | €17,959 | €21,994 | €38,462 | €38,462 | = |
| Profit (loss) carried forward14 | -€162,563 | -€66,989 | €76,659 | €312,897 | €242,690 | ▼ 22.4% |
| Provisions and deferred taxes16 | - | - | €83,500 | - | - | - |
| Provisions for liabilities and charges160/5 | - | - | €83,500 | - | - | - |
| Other liabilities and charges164/5 | - | - | €83,500 | - | - | - |
| Amounts payable17/49 | €2.2m | €2.4m | €2.1m | €1.8m | €1.2m | ▼ 32.8% |
| Amounts payable after more than one year17 | €715,858 | €775,997 | €70,756 | €28,974 | €131,750 | ▲ 355% |
| Financial debts170/4 | €715,858 | €775,997 | €70,756 | €28,974 | €131,750 | ▲ 355% |
| Leasing and similar obligations172 | €25,807 | €115,646 | €70,756 | €28,974 | - | - |
| Credit institutions173 | - | - | - | - | €131,750 | - |
| Other loans174 | €690,051 | €660,351 | - | - | - | - |
| Amounts payable within one year42/48 | €1.5m | €1.6m | €2.1m | €1.7m | €1.1m | ▼ 39.3% |
| Current portion of amounts payable after more than one year42 | €60,468 | €103,595 | €44,890 | €41,782 | €62,472 | ▲ 49.5% |
| Trade debts44 | €1.3m | €1.4m | €1.8m | €1.6m | €856,334 | ▼ 45.1% |
| Suppliers440/4 | €1.3m | €1.4m | €1.8m | €1.6m | €856,334 | ▼ 45.1% |
| Taxes, remuneration and social security45 | €192,268 | €170,725 | €237,696 | €142,307 | €138,843 | ▼ 2.4% |
| Taxes450/3 | €73,084 | €56,307 | €120,475 | €33,665 | €34,252 | ▲ 1.7% |
| Remuneration and social security454/9 | €119,184 | €114,418 | €117,220 | €108,642 | €104,591 | ▼ 3.7% |
| Accrued charges and deferred income492/3 | €13,542 | €9,099 | €4,872 | €5,461 | €5,784 | ▲ 5.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €28,980 | €95,573 | €147,683 | €252,706 | -€70,207 | ▼ 128% |
| + Depreciation and write-downs630 | €323,170 | €221,007 | €166,566 | €174,989 | €184,846 | ▲ 5.6% |
| Operating cash flow (approximation) | €352,150 | €316,581 | €314,249 | €427,695 | €114,639 | ▼ 73.2% |
| Investment in fixed assets (approximation) | - | -€201,082 | -€226,397 | -€56,417 | -€14,603 | ▲ 74.1% |
| Change in cash | - | €411,797 | -€260,566 | -€149,867 | €112,600 | ▲ 175% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €252,706 ▲71.1%
Operating result €264,918, net result €252,706, both a record.
31-12
Financial
Equity above €1mEq €1.1m ▲30.2%
4 profitable years in a row build equity to €1.1m.
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €28,980
Net result €28,980 after 2 loss-making years.
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €500,000Eq €564,349 ▲262%
Equity rises from €155,891 to €564,349.
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
02-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
17-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 20 acts read
About the unread acts
We know of 20 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
20 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, Machelen (Brab.) · 1 establishment unit since 1998
Ground area
9,589 m²
Building footprint
2,433 m²
Volume, LiDAR
37,315 m³
2 parcels, Flanders · tallest building 19.1 m, ±5 floors. Linked by address, not a title deed.
57
companies at this address
See who is registered here
1 establishment unit
IP NEXIA
since 19982.086.102.586
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23015B0073/00A000 | Flanders | 5,496 m² | 1 · 1,193 m² | 18.1 m · 5 fl. |
| 23015B0074/00C000 | Flanders | 4,093 m² | 1 · 1,240 m² | 19.1 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2023 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the 2023 annual accounts of IP NEXIA and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 959 EUR awarded · 959 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 959 EUR | 959 EUR |
Schemes
Similar companies · same sector, comparable size
BENCHMARK TELECOM
BE 0883.799.563
Aalter · Eq €1,025,079
ABIOM COMMUNICATION SYSTEMS BVBA
BE 0897.979.280
Sint-Niklaas · Eq €1,031,790
UNMATCHED
BE 0740.580.152
Aalter · Eq €1,042,586
CAST4ALL
BE 0469.659.053
Niel · Eq €950,646
VENN
BE 0555.735.368
Zaventem · Eq €1,102,096
Of 1,372 companies in sector 61100 we hold annual accounts for 585. 257 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded20-03-1998
Fiscal year end31-12
Activities, NACEBEL 2025
61100Wired, wireless and satellite telecommunications
Contact
Phone
+3226480848Machelen (Brab.)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0462900331
Also
9925:BE0462900331
Registered
20-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.