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IP Trade

Active
Public limited companyfounded 2000active for 26 yearsRue des Guillemins 129, 4000 Liège, BelgiumKBO/BCE: BE 0473.113.837
Summary

IP Trade has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €19.2m and a net result of €7.0m. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 91% of 47 sector peers (NACE 62, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 24-10-2000 Normal situation
Registered office
35 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 5 November 2026.
Activity
Computer programming NACE 62100and 1 other
Joint committee
200 Auxiliary committee for white-collar workers · annual accounts 31-03-2026
Establishment unit
2.095.026.190 4000 Liège, since 16-11-2000
Financial year end
31 March
Peppol
Reachable

Board and ownership

Board
and 1 other
Shareholders
  • BT (NEDERLANDS) Holdingannual accounts 31-03-2026
  • BT (Nederlands) Holding NVannual accounts 31-03-2026
  • BT (Netherlands) Holdings B.V.LEI register

Financial position

98 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 31-03-2026
Turnover
€10.4m
▲ 87.0%
Profit
€7.0m
▲ 218%
Equity
€19.2m
▲ 56.7%
Total assets
€21.8m
▲ 46.5%
Employees on 31-03-2026
22
▼ 4.3%
  • €418,508 of overdue social security (RSZ) debts on 31-03-2026
Score breakdownraises riskLiquidity: current ratio 30.78, cash €233,247lowers riskProfit of €7.0m (financial year 2026)Equity €19.2m (88.2% of total assets)Founded in 2000Show the evidence

Checked score

Score 2026
98 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 85% of small companies in computer programming and consultancy (NACE 62)
Financial strength · tick: 2025
Strong
Solvency 100=
equity 88.2% of total assets
Liquidity 51-1
short-term debt 2.8% · cash 1.1%
Profitability 100+9
return on assets 31.9%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (1,167 companies, NACE 62, small)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026highest value 10-2026: 0.1%▼ -0.1 percentage points vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €1,000,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 30.78 (10.05 in 2025), above the usual 1.5. Short-term debt is 2.8% and cash 1.1% of total assets. 11.8% of the assets are financed with debt and provisions.
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 (NACE 62, small). It does better than 92% of them on solvency, 59% on liquidity, 97% on profitability and 90% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-03-2026.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 30.78, cash €233,247
NBB · annual accounts
lowers risk · Profit of €7.0m (financial year 2026)
NBB · annual accounts
lowers risk · Equity €19.2m (88.2% of total assets)
NBB · annual accounts
lowers risk · Founded in 2000
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 05-10-2026, 26 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
26 days early
2025
32 days early
2024
31 days early
2023
35 days early
2022
34 days early
2021
32 days early
2020
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 27 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 29 September (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Turnover rose in 2026from €5.5m to €10.4m ▲ 87.0% View
  • Positive: Largest company by equity in Liège, Telecoms and IT sectorin the Checked rankings No. 1 View
  • Board changedlatest change 29-05-2026 · 4 in office 2 joined · 1 left View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2026: €7.0m 8 years View

Recent changes

  1. · Gazette deed Resignation: Laura Galvin (director)Appointment: Christopher (nom d'usage: Chris) Edwards (director)
  2. · Gazette deed Reappointment: KPMG Réviseurs d'Entreprises BV/SRL (statutory auditor)Permanent representative: Paul Dreezen
  3. · Gazette deed Registered office moved from Grâce-Hollogne to LiègeNew registered office: Rue des Guillemins 129, 4000 Liège · Previous registered office: Rue de l'Aéropostale 8, 4460 Grâce-Hollogne
All 39 events

Comparable companies

These companies have the same main activity as IP Trade: computer programming (NACE 62100). They are comparable in size and age: total assets between €14m and €33m, founded between 1988 and 2007.

CompanyTotal assetsTurnover
IP Trade Liège€21.8m€10.4m
BENE RAIL INTERNATIONAL Sint-Gillis (bij-Brussel)€16.9m€20.1m
OBJECTIVE BELGIUM Wichelen€33.0m€8.2m
SCIA Hasselt€29.6m€8.9m
OVARRO Waterloo€16.4m€7.8m
Zeta Europe Hasselt€13.9m€18.8m
ANSYS BELGIUM Wavre€22.8m€16.3m
Full comparison

Key facts about IP Trade

What is the company number of IP Trade?
The company number of IP Trade is 0473.113.837. The VAT number is the same number with BE in front: BE 0473.113.837.
Where is IP Trade based?
The registered office is at Rue des Guillemins 129, 4000 Liège.Company details
What does IP Trade do?
According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of IP Trade?
IP Trade is a public limited company (NV).
When was IP Trade founded?
IP Trade was founded on 24-10-2000.
Is IP Trade still active?
Yes, IP Trade is an active enterprise in the KBO register.
How many employees does IP Trade have?
IP Trade had an average of 22 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
Which joint committee does IP Trade fall under?
In its 31-03-2026 annual accounts, IP Trade states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of IP Trade?
The turnover of IP Trade was €10.4m in financial year 2026, according to the filed annual accounts.
Is IP Trade profitable?
In financial year 2026, IP Trade made a profit of €7.0m.
Where can I find the annual accounts of IP Trade?
IP Trade filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of IP Trade due?
IP Trade must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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