Equity
-€117,486 from €206,435 in 2015
Equity fell below zero in 2020.
IP STORE
Overview
Lifetime
6 annual accounts with figures on one time axispeak €403,053 (2016)
-€86,512▼ €486,564
lowest -€270,149 (2020)
-€270,149▼ €260,339
peak €206,435 (2015)
-€117,486▼ €270,149
€1.1m▲ 47.3%
peak 6.6 FTE (2016)
5.5 FTEunchanged
Board4 names since 2019
2 directorsCPM PARTNERS and 1 other
Owners2 names in the annual accounts
100%Bihr
Documentsfilings and deeds
01-03-202129 days late
2020financial year
Gross margin from €400,052 to -€86,512Loss of €270,149Merger proposal: to be absorbed by Bihr 13-112 managers appointed, 1 resignation 17-01Equity from €152,664 to -€117,486Debts from €757,755 to €1.1m
Key points
from the 2020 annual accounts, the last ones filedDebts
€1.1m 112% of the balance sheet
Filings
6 annual accounts 2 late
The 2020 accounts came latest: 29 days after the end of the period.
No scoreNet result -2,654%: absorbed
Recent changes
Merger: absorbed by Bihr
Resignations: CPM - Partners (director) and MALEXI (director) · Permanent representatives: PIRON Christophe and LENAERTS Emmanuel · General meeting of 23-12-2020 · Gazette deed
Merger proposal: to be absorbed by Bihr
Permanent representatives: Axel Moorkens, Olivier Heymans, Laurent Paul Van Steirtegem, Cyrille Bihr, Christophe Piron and Emmanuel Lenaerts · Bihr holds all the shares · Alcopa Coordination Center SA holds 10,000 shares · Gazette deed
2 managers appointed, 1 resignation
Resignation: Bernard De Longueville (manager) · Appointments: CPM-Partners SPRL (manager) and Malexi BVBA (manager) · Permanent representatives: Christophe Piron and Emmanuel Lenaerts · General meeting of 06-01-2020 · Gazette deed
New manager
Bernard De Longueville appointed, BDL M&C SCS resigned · General meeting of 07-05-2019 · Gazette deed
Official details
Source: KBO- Status
- Absorbed by Bihrmerger by absorption, December 2020
- Activity
- “L'achat,la vente,l'importation,l'exportation,la distribution et la livraison d'accessoires,pneumatiques et pièces détachées pour tous véhicules cyclistes…” (deed in French)From the articles, 7 activitiesNo NACE code in the KBO yet
- Financial year end
- 30 June
- Peppol
- Not found in the Peppol Directory
Annual accounts to 30-06-2020
- -€86,512
- €270,149▲ 28×
- -€117,486
- €998,584▲ 9.7%
- 5.5 FTE=
- Filing
- Filed on 01-03-2021
Insights on IP STORE
Absorbed by Bihr in December 2020. The last annual accounts are for financial year 2020.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2020
full format, filed on 01-03-2021, 29 days late-€86,512
▼ €486,564
-€264,740
▼ €270,457
-€252,835
▼ €294,024
-€258,244
▼ €283,905
-11.8%
▼ 28.5 percentage points
0.87
▼ 0.35
Money flows
no detail for 2020Balance sheet
balance sheet total €998,584 on 30-06-2020What the company ownsHow it is paid for
in euro
in euro
Staff
€27,550
Staff costs divided by the average number of full-time equivalents.
people who joined
people who left
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
998,584 | 910,419 | 1.1m | 1.1m | 1.0m | 992,849 | |
20 |
8,000 | 16,000 | 33,023 | 50,045 | 67,068 | 84,090 | |
21/28 |
23,386 | 44,886 | 36,943 | 32,198 | 42,884 | 150,798 | |
21 |
63 | 467 | 1,702 | 2,936 | 4,171 | 5,405 | |
22/27 |
14,886 | 35,981 | 26,804 | 20,824 | 30,276 | 52,865 | |
23 |
14,886 | 18,386 | 26,126 | 17,173 | 18,409 | 24,840 | |
24 |
0 | 17,595 | 678 | 3,651 | 11,868 | 28,025 | |
28 |
8,438 | 8,438 | 8,438 | 8,438 | 8,438 | 8,438 | |
29/58 |
967,197 | 849,532 | 1.0m | 995,820 | 931,750 | 842,051 | |
3 |
380,016 | 566,476 | 571,194 | 687,682 | 579,140 | 561,876 | |
30/36 |
380,016 | 566,476 | 571,194 | 687,682 | 579,140 | 561,876 | |
40/41 |
430,951 | 117,247 | 344,886 | 196,189 | 257,109 | 247,411 | |
40 |
430,951 | 117,247 | 344,886 | 196,189 | 257,109 | 247,411 | |
54/58 |
115,089 | 1,987 | 1,593 | 54,612 | 87,485 | 13,960 | |
490/1 |
41,142 | 163,822 | 85,095 | 57,337 | 8,016 | 18,805 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
998,584 | 910,419 | 1.1m | 1.1m | 1.0m | 992,849 | |
10/15 |
-117,486 | 152,664 | 162,474 | 146,960 | 146,183 | 206,435 | |
10/11 |
200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | |
100 |
200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | |
13 |
322 | 322 | 322 | 322 | 322 | 322 | |
130/1 |
322 | - | - | - | - | - | |
130 |
322 | 322 | 322 | 322 | 322 | 322 | |
14 |
-317,808 | -47,658 | -37,847 | -53,361 | -54,139 | 6,113 | |
17/49 |
1.1m | 757,755 | 910,260 | 931,102 | 895,519 | 786,414 | |
17 |
- | 57,708 | 73,362 | 100,188 | 114,318 | 173,011 | |
170/4 |
- | 57,708 | 73,362 | 100,188 | 114,318 | 173,011 | |
42/48 |
1.1m | 697,024 | 833,975 | 830,914 | 781,200 | 604,596 | |
42 |
14,442 | 36,131 | 26,781 | 24,639 | 58,693 | 57,835 | |
43 |
182,494 | 356,375 | 419,169 | 326,312 | 363,714 | 154,459 | |
430/8 |
182,494 | 106,375 | 169,169 | 78,309 | 113,714 | 104,459 | |
439 |
- | 250,000 | 250,000 | 248,003 | 250,000 | 50,000 | |
44 |
152,482 | 228,537 | 320,726 | 431,095 | 291,256 | 324,215 | |
440/4 |
152,482 | 228,537 | 320,726 | 431,095 | 291,256 | 324,215 | |
45 |
115,907 | 75,236 | 66,554 | 48,123 | 67,537 | 68,089 | |
450/3 |
52,426 | 26,064 | 25,803 | 9,965 | 26,229 | 29,416 | |
454/9 |
63,481 | 49,171 | 40,752 | 38,158 | 41,308 | 38,673 | |
47/48 |
650,745 | 745 | 745 | 745 | - | - | |
492/3 |
- | 3,023 | 2,923 | - | - | 8,806 | |
| Income statement | |||||||
70 |
- | - | 3.8m | 3.6m | 3.6m | 3.5m | |
76A |
- | - | - | - | - | 1,901 | |
9900 |
-86,512 | 400,052 | 373,387 | 358,053 | 403,053 | 344,636 | |
60/61 |
- | - | 3.4m | 3.2m | 3.4m | 3.2m | |
62 |
151,526 | 294,829 | 246,327 | 239,580 | 336,951 | 282,001 | |
630 |
11,905 | 35,472 | 26,235 | 36,172 | 47,330 | 28,555 | |
631/4 |
- | - | 2,406 | - | - | - | |
640/8 |
14,797 | 64,034 | 66,590 | 70,485 | 71,426 | 4,792 | |
66A |
- | - | - | - | - | 3,020 | |
9901 |
-264,740 | 5,718 | 31,828 | 11,816 | -52,654 | 29,288 | |
75/76B |
394 | 4,011 | 5,360 | 4,740 | 6,008 | 3,559 | |
75 |
394 | 4,011 | 5,360 | 4,740 | 6,008 | 3,559 | |
65/66B |
5,804 | 16,021 | 18,294 | 15,308 | 13,235 | 18,046 | |
65 |
5,804 | 16,021 | 18,294 | 15,308 | 13,235 | 18,046 | |
9903 |
-270,149 | -6,292 | 18,894 | 1,248 | -59,882 | 13,682 | |
67/77 |
- | 3,518 | 3,381 | 471 | 370 | 7,247 | |
9904 |
-270,149 | -9,811 | 15,514 | 777 | -60,252 | 6,435 | |
9905 |
-270,149 | -9,811 | 15,514 | 777 | -60,252 | 6,435 | |
| Appropriation of the result | |||||||
9906 |
-317,808 | -47,658 | -37,847 | -53,361 | -54,139 | 6,435 | |
691/2 |
- | - | - | - | - | 322 | |
6920 |
- | - | - | - | - | 322 | |
| Social balance sheet | |||||||
9087 |
5.5 | 5.5 | 4.7 | 4.6 | 6.6 | 5.3 | |
Hours worked1013 |
- | 9,553 | 7,957 | 7,974 | 11,895 | 9,472 | |
| Document | |||||||
Source: Annual accounts 2020 (PDF), filed on 01-03-2021.
Filings
each dot is a set of accounts, on the day it reached the National Bank2020 annual accounts filed 29 days after the deadline. Filed on 1 March 2021, deadline 31 January 2021 (7 months after the close on 30 June 2020, Companies Code art. 3:10). Source: NBB, 2021-07000390.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2020 | full format | 01-03-2021 | 2021-07000390 | |
| 31-12-2019 | full format | 26-05-2020 | 2020-13100576 | |
| 31-12-2018 | full format | 05-06-2019 | 2019-17800169 | |
| 31-12-2017 | full format | 08-08-2018 | 2018-44600200 | |
| 31-12-2016 | full format | 24-05-2017 | 2017-13400472 | |
| 31-12-2015 | full format | 20-05-2016 | 2016-12900292 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|
| -252,835 | 41,189 | 58,063 | 47,988 | -5,324 | 57,842 | ||
| -258,244 | 25,661 | 41,749 | 36,949 | -12,922 | 34,990 | ||
| -9,595 | 26,392 | 15,161 | 8,463 | 9,453 | 191,068 | ||
| 113,102 | 394 | -53,019 | -32,873 | 73,525 | - | ||
| -148,872 | 152,508 | 168,793 | 164,906 | 150,550 | 237,455 | ||
| - | - | 0.8% | 0.3% | -1.5% | 0.8% | ||
| -11.8% | 16.8% | 15.1% | 13.6% | 14.0% | 20.8% | ||
| 0.87 | 1.22 | 1.20 | 1.20 | 1.19 | 1.39 | ||
| 0.53 | 0.41 | 0.52 | 0.37 | 0.45 | 0.46 | ||
| - | 4.96 | 5.60 | 6.34 | 6.13 | 3.81 | ||
| - | -6.4% | 9.5% | 0.5% | -41.2% | 3.1% | ||
| -27.1% | -1.1% | 1.4% | 0.1% | -5.8% | 0.6% | ||
| - | - | 34 days | 20 days | 26 days | 26 days | ||
| - | - | 35 days | 49 days | 32 days | 37 days |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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.
Insights on IP STORE
The operating result for 2020 is a loss of €264,740, after a profit of €5,718 in 2019. It is the lowest result since 2015.
Equity is negative. Debt (€1.1m) exceeds the balance-sheet total (€998,584).
Large changes and their cause
- 2020 Net result -2,654% on 2019. Last accounts before the absorption by Bihr (effective 23-12-2020). This financial year ran 6 months, the previous one 12.
Board & ownership
Mandates through the years
4 namesEarliermandate already running before its first mention
Mandates as a list
- CPM PARTNERS
- Manager, appointed by deed of 17-01-2020, until 28-01-2021
- MALEXI
- Manager, appointed by deed of 17-01-2020, until 28-01-2021
- Bernard De Longueville
- Manager, appointed by deed of 08-10-2019, until 06-01-2020
- BDL Management & Consulting
- Manager, until 08-10-2019
Control
Capital
- Contribution
- €200,322
- Source
- deed of 13-11-2020
Owners through the years
as the annual accounts name themOwners as a list
- Bihr
- BDL M&C SPRL
Older annual accounts also name 2 natural persons.
Source: shareholder structure in its own accounts
Capital transactions
Shareholders according to the deeds
Stated in the deed
deed of 13-11-2020 ↗
- Bihr (BE 0421.855.473) all shares
Capital over time
- 13-11-2020 Converted to unavailable equity · €200,322
Network & group
No group
IP STORE has no parent and no holdings in its annual accounts.
Earlier ties
| ECOSTAL GROUP via CPM PARTNERS, at IP STORE until 2021 · Director · deed of 20-12-2023 founded in 2020 |
turnover €3.7m (2025) |
| ECOSTAL via CPM PARTNERS, at IP STORE until 2021 · Managing director · deed of 09-10-2023 founded in 2008 · group ECOSTAL GROUP |
turnover €32.5m (2025) |
| Megabite & Co via MALEXI, at IP STORE until 2021 · Director · deed of 20-11-2025 founded in 2015 · group DENTCAP |
35 FTE (2025) |
Acquisitions and mergers
1 transactionTaken over by:Bihr
Connections & network
This company
Company
Director
Shareholding
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Timeline
Timeline
14 events since 2014Board
Capital
Filings
Financial
2014201620182020202220242026
2021
Annual accounts 2020 filed PDFfull format · 29 days late
Merger: absorbed by BihrResignations: CPM - Partners (director) and MALEXI (director) · Permanent representatives: PIRON Christophe and LENAERTS Emmanuel · General meeting of 23-12-20206 points ▸
- General meeting, 23-12-2020
- Accounting effect, 01-07-2020
- Director resignation, CPM - Partners
- Permanent representative, PIRON Christophe
- Director resignation, MALEXI
- Permanent representative, LENAERTS Emmanuel
- The deed holds 2 more points.
2020
Merger proposal: to be absorbed by BihrPermanent representatives: Axel Moorkens, Olivier Heymans, Laurent Paul Van Steirtegem, Cyrille Bihr, Christophe Piron and Emmanuel Lenaerts · Bihr holds all the shares · Alcopa Coordination Center SA holds 10,000 shares19 points ▸
- Bihr holds all the shares
- Capital, €67,765,742, 10,500 shares
- Board composition, Deborah Bullock (director)
- Board composition, Moyale SA (director and chair)
- Board composition, Automotive & Marketing Consulting SRL (director)
- Board composition, Belgravia Conseil SRL (director)
- Board composition, BR Gestion Sàrl (director)
- Board composition, CPM-Partners SRL (director), mentioned twice in the deed
- Board composition, Malexi SRL (director), mentioned twice in the deed
- Permanent representative, Axel Moorkens
- Permanent representative, Olivier Heymans
- Permanent representative, Laurent Paul Van Steirtegem
- Permanent representative, Cyrille Bihr
- Permanent representative, Christophe Piron, mentioned twice in the deed
- Permanent representative, Emmanuel Lenaerts, mentioned twice in the deed
- Alcopa Coordination Center SA holds 10,000 shares
- Deborah Bullock holds 350 shares
- Jonathan Towers holds 150 shares
- Accounting effect, 01-07-2020
- The deed holds 15 more points.
Weakest financial year net -€270,149 The net result drops to -€270,149, the lowest from 2015 to 2020.
Annual accounts 2019 filed PDFfull format · 66 days before the deadline
2 managers appointed, 1 resignationResignation: Bernard De Longueville (manager) · Appointments: CPM-Partners SPRL (manager) and Malexi BVBA (manager) · Permanent representatives: Christophe Piron and Emmanuel Lenaerts · General meeting of 06-01-20206 points ▸
- General meeting, 06-01-2020
- Director resignation, Bernard De Longueville (manager)
- Director appointment, CPM-Partners SPRL (manager)
- Permanent representative, Christophe Piron
- Director appointment, Malexi BVBA (manager)
- Permanent representative, Emmanuel Lenaerts
2019
New managerBernard De Longueville appointed, BDL M&C SCS resigned · General meeting of 07-05-20193 points ▸
- General meeting, 07-05-2019
- Director appointment, Bernard De Longueville (manager)
- Director resignation, BDL M&C SCS (manager)
Annual accounts 2018 filed PDFfull format · 56 days before the deadline
2018
Highest result from 2015 to 2020 net €15,514 ▲1,896% The operating result of €31,828 and the net result of €15,514 are both a record.
Annual accounts 2017 filed PDFfull format · 8 days late
2017
Back to profit net €777 The net result is €777, after one loss-making year.
Annual accounts 2016 filed PDFfull format · 68 days before the deadline
2016
Annual accounts 2015 filed PDFfull format · 72 days before the deadline
2014
Incorporation PDF5 publications in the Belgian Official Gazette, the last on 28-01-2021
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
Company details
Purpose according to the articles of association
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “L'achat,la vente,l'importation,l'exportation,la distribution et la livraison d'accessoires,pneumatiques et pièces détachées pour tous…”
7 activities
- L'achat,la vente,l'importation,l'exportation,la distribution et la livraison d'accessoires,pneumatiques et pièces détachées pour tous véhicules cyclistes et automoteurs,tels que vélos,cyclomoteurs,motos,vélomoteurs et voitures,sans que cette énumération soit limitative,ainsi que tous produits de l'industrie mécanique s'y rapportant.
- Le commerce en gros ou au détail de pièces détachées et pneumatiques,y compris de seconde main,et accessoires pour cycles,voitures,motos et vélomoteurs,ainsi que les lubrifiants,huiles pour moteurs et tous autres produits et matériaux nécessaires à l'entretien de ces véhicules.
- La société peut,par voie de souscription,apport,fusion,absorption,coopération,participation,intervention financière,ou de toute autre manière,participer à toute société ou association ayant un objet identique ou connexe,ou dont l'objet pourrait faciliter la réalisation de son objet,même indirectement.
- Elle peut exercer les mandats de gérant,administrateur,liquidateur de société ou association.
- La société peut acquérir tout bien mobilier ou immobilier,même sans relation directe ou indirecte avec son objet social.
- De manière générale,la société peut accomplir,en Belgique ou à l'étranger,toutes opérations industrielles,commerciales,mobilières,immobilières ou financières de nature à favoriser ou étendre directement ou indirectement,la réalisation de son objet.
- Elle peut s'intéresser par toutes voies,dans toutes affaires,entreprises ou sociétés ayant un objet identique,analogue,similaire ou connexe ou qui soient de nature à favoriser le développement de son entreprise et même fusionner avec elles.
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Rue de l'Ermitage 11, 1400 Nivelles”
Articles of association, deed of 13-11-2020 (in French)
Inactive
Absorbed by Bihr in December 2020
IP STORE is no longer in the KBO register. Bihr took it over in a merger by absorption, published in the Belgian Official Gazette on 4 February 2021.
- Status
- Inactive
- Reason
- Merger by absorption"simplified merger", Belgian Official Gazette, 4 February 2021 · deed
- Absorbed by
- Bihr · 0421.855.473
- Last annual accounts
- financial year to 30 June 2020
- Last registered office
- Rue De L'ermitage 11, 1400 Nivellesas published on 28 January 2021
- Legal form
- Private limited company (pre-2019)
- First annual accounts
- financial year 2015