IP TRADERS
ActiveSummary
IP TRADERS has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1,415) and a net result of -€14,179. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 2601 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency17▼-65
Growth65=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.92 against 2.31 in 2024; short-term debt: 108.2% and cash: 50.2% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
-8.2%
Return on assets
-81.9%
Age of the figures
9 mo
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€1,415
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
43 d early
2023
26 d late
2022
21 d late
2021
4 d late
2020
10 d late
2019
20 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 4 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
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 How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2025, micro schema
Turnover
€124,224▲ 2.3%
2024 · €121,378
EBIT margin
-11.1%▼ 6.2pp
2024 · -4.9%
Net result
-€14,179▼ 119%
2024 · -€6,476
Working capital
-€1,415
2024 · €12,764
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, 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
Line20212022202320242025
Turnover€44,975▼ 16.1%€106,390▲ 137%€126,720▲ 19.1%€121,378▼ 4.2%€124,224▲ 2.3%
Operating result€14,597▼ 63.1%€11,695▼ 19.9%-€11,110-€6,003▲ 46.0%-€13,827▼ 130%
Net result€10,387within the sector's middle half▼ 73.3%€8,450within the sector's middle half▼ 18.6%-€11,896below the sector's middle half-€6,476below the sector's middle half▲ 45.6%-€14,179below the sector's middle half▼ 119%
EBIT margin32.5%▼ 41.4pp11.0%▼ 21.5pp-8.8%▼ 19.8pp-4.9%▲ 3.8pp-11.1%▼ 6.2pp
Equity€22,686within the sector's middle half▲ 84.5%€31,136within the sector's middle half▲ 37.2%€19,240within the sector's middle half▼ 38.2%€12,764within the sector's middle half▼ 33.7%-€1,415below the sector's middle half
Total assets€28,640below the sector's middle half▲ 105%€35,464below the sector's middle half▲ 23.8%€33,659below the sector's middle half▼ 5.1%€22,494below the sector's middle half▼ 33.2%€17,309below the sector's middle half▼ 23.1%
Debt€5,954▲ 257%€4,328▼ 27.3%€14,419▲ 233%€9,730▼ 32.5%€18,724▲ 92.4%
Working capital€21,974within the sector's middle half▲ 89.7%€31,136within the sector's middle half▲ 41.7%€19,240within the sector's middle half▼ 38.2%€12,764within the sector's middle half▼ 33.7%-€1,415within the sector's middle half
Solvency79.2%above the sector's middle half▼ 8.8pp87.8%above the sector's middle half▲ 8.6pp57.2%within the sector's middle half▼ 30.6pp56.7%within the sector's middle half▼ 0.4pp-8.2%below the sector's middle half▼ 64.9pp
Current ratio4.69above the sector's middle half▼ 3.258.19above the sector's middle half▲ 3.502.33within the sector's middle half▼ 5.862.31within the sector's middle half▼ 0.020.92within the sector's middle half▼ 1.39
Return on assets (ROA)36.3%above the sector's middle half▼ 242.5pp23.8%above the sector's middle half▼ 12.4pp-35.3%below the sector's middle half▼ 59.2pp-28.8%below the sector's middle half▲ 6.6pp-81.9%below the sector's middle half▼ 53.1pp
Staff (FTE)0.41.62.3▲ 43.8%1.8▼ 21.7%
above
within
below
the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €13,827 in 2025 against €6,003 in 2024; the loss grows and 2025 has the lowest result in the available series.
Key figures and ratios
Debt to equity
-13.23▼
2024 · 0.76
Debt ≤ 1 year
€18,724▲
2024 · €9,730
Staff costs
€15,377▼
2024 · €18,601
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,940 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
5.5%
went bankrupt
8.0%
stopped otherwise
85%
still going
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.7% 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 497,662 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% | 1.7% |
| 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 75% 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 6,940 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €44,975 | €106,390 | €126,720 | €121,378 | €124,224 | ▲ 2.3% |
| Non-recurring operating income76A | €1,278 | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €34,225 | €93,068 | €122,704 | €108,393 | €122,274 | ▲ 12.8% |
| Remuneration, social security and pensions62 | €4,429 | €915 | €14,797 | €18,601 | €15,377 | ▼ 17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €712 | - | - | - | - |
| Other operating charges640/8 | €25 | - | €329 | €387 | €400 | ▲ 3.4% |
| Gross operating margin9900 | €19,051 | €13,322 | €4,016 | €12,985 | €1,950 | ▼ 85.0% |
| Operating profit (loss)9901 | €14,597 | €11,695 | -€11,110 | -€6,003 | -€13,827 | ▼ 130% |
| Financial charges65/66B | €759 | €749 | €786 | €473 | €352 | ▼ 25.6% |
| Recurring financial charges65 | €759 | €749 | €786 | €473 | €352 | ▼ 25.6% |
| Profit (loss) for the period before taxes9903 | €13,838 | €10,946 | -€11,896 | -€6,476 | -€14,179 | ▼ 119% |
| Income taxes67/77 | €3,451 | €2,496 | - | - | - | - |
| Profit (loss) for the period9904 | €10,387 | €8,450 | -€11,896 | -€6,476 | -€14,179 | ▼ 119% |
| Profit (loss) for the period to be appropriated9905 | €10,387 | €8,450 | -€11,896 | -€6,476 | -€14,179 | ▼ 119% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €28,640 | €35,464 | €33,659 | €22,494 | €17,309 | ▼ 23.1% |
| Fixed assets21/28 | €712 | - | - | - | - | - |
| Tangible fixed assets22/27 | €712 | - | - | - | - | - |
| Plant, machinery and equipment23 | €712 | - | - | - | - | - |
| Current assets29/58 | €27,928 | €35,464 | €33,659 | €22,494 | €17,309 | ▼ 23.1% |
| Amounts receivable within one year40/41 | €2,946 | €2,620 | €5,231 | €9,645 | €8,612 | ▼ 10.7% |
| Trade receivables40 | €40 | €1,246 | €3,677 | €7,076 | €5,405 | ▼ 23.6% |
| Other amounts receivable41 | €2,906 | €1,374 | €1,554 | €2,569 | €3,207 | ▲ 24.8% |
| Cash at bank and in hand54/58 | €24,982 | €32,844 | €28,428 | €12,849 | €8,697 | ▼ 32.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €28,640 | €35,464 | €33,659 | €22,494 | €17,309 | ▼ 23.1% |
| Equity10/15 | €22,686 | €31,136 | €19,240 | €12,764 | -€1,415 | ▼ 111% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Capital10 | €12,400 | €12,400 | €12,400 | - | - | - |
| Issued capital100 | €18,600 | €18,600 | €18,600 | - | - | - |
| Uncalled capital101 | €6,200 | €6,200 | €6,200 | - | - | - |
| Outside capital11 | - | - | - | €12,400 | - | - |
| Other1109/19 | - | - | - | €12,400 | - | - |
| Reserves13 | €2,010 | €2,557 | €2,557 | €2,557 | €2,557 | = |
| Non-distributable reserves130/1 | €2,010 | €2,557 | €2,557 | €2,557 | €2,557 | = |
| Legal reserve130 | €2,010 | €2,557 | €2,557 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €2,557 | €2,557 | = |
| Profit (loss) carried forward14 | €8,276 | €16,179 | €4,283 | -€2,193 | -€16,372 | ▼ 647% |
| Amounts payable17/49 | €5,954 | €4,328 | €14,419 | €9,730 | €18,724 | ▲ 92.4% |
| Amounts payable within one year42/48 | €5,954 | €4,328 | €14,419 | €9,730 | €18,724 | ▲ 92.4% |
| Trade debts44 | €104 | €962 | €7,241 | €566 | €8,766 | ▲ 1,449% |
| Suppliers440/4 | €104 | €962 | €7,241 | €566 | €8,766 | ▲ 1,449% |
| Taxes, remuneration and social security45 | €3,658 | €3,072 | €7,178 | €9,164 | €9,958 | ▲ 8.7% |
| Taxes450/3 | €3,451 | €2,421 | €2,036 | €372 | €372 | = |
| Remuneration and social security454/9 | €207 | €651 | €5,142 | €8,792 | €9,586 | ▲ 9.0% |
| Other amounts payable47/48 | €2,192 | €294 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,387 | €8,450 | -€11,896 | -€6,476 | -€14,179 | ▼ 119% |
| + Depreciation and write-downs630 | - | €712 | - | - | - | - |
| Operating cash flow (approximation) | €10,387 | €9,162 | -€11,896 | -€6,476 | -€14,179 | ▼ 119% |
| Change in cash | - | €7,862 | -€4,416 | -€15,579 | -€4,152 | ▲ 73.3% |
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
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2020
31-12
Financial
Back to profitnet €38,943
Net result €38,943 after 2 loss-making years.
31-12
Financial
Liquidity times 72current ratio 7.94
Current ratio from 0.11 to 7.94; short-term debt falls from €32,011 to €1,670.
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 20 days late
2019
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 27 acts read
About the unread acts
We know of 27 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
27 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, Tienen · 1 establishment unit since 2009
Ground area
1,251 m²
Building footprint
381 m²
Volume, LiDAR
1,764 m³
Parcel 24035A0272/00F003, Flanders · tallest building 8.0 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
IP TRADERS
since 20092.176.574.288
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24035A0272/00F003 | Flanders | 1,251 m² | 1 · 381 m² | 8.0 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,205 companies in sector 95316 we hold annual accounts for 754. 491 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-02-2009
Fiscal year end31-12
Activities, NACEBEL 2025
95316Washing and cleaning of motor vehicles
E-invoicing
Reachable via Peppol
Peppol ID
0208:0809768173
Also
9925:BE0809768173
Registered
09-12-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.