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IP TV Projects

Active
Private limited companyfounded 201312 yrs activeLangveld 7, 8790 Waregem, BelgiumKBO/BCE: BE 0541.336.610

IP TV Projects has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31k and a net result of €-5k. Equity is shrinking by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 36% of 16932 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
63 / 100
Healthy▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency80▲+2
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.73 against 1.7 in 2024), but 57.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
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 2025
Solvency, return and age of the figures
Solvency
42.2%
Return on assets
-6.6%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 12 years 0 20 y
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€5k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
29 d late
2024
19 d late
2023
58 d late
2022
31 d late
2021
30 d late
2020
30 d late
2019
90 d late
← before the deadline after the deadline →
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 months
Position in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€31k▼ 13.5%
2024 · €36k
2018: €44k 2019: €47k 2020: €46k 2021: €43k 2022: €41k 2023: €42k 2024: €36k
2018 → 2025
Total assets
€74k▼ 15.8%
2024 · €88k
2018: €108k 2019: €132k 2020: €124k 2021: €119k 2022: €114k 2023: €94k 2024: €88k
2018 → 2025
Net result
€-5k▲ 14.5%
2024 · €-6k
2018: €-6k 2019: €3k 2020: €-572 2021: €-3k 2022: €-2k 2023: €1k 2024: €-6k
2018 → 2025
Working capital
€31k▼ 13.5%
2024 · €36k
2018: €44k 2019: €47k 2020: €46k 2021: €43k 2022: €41k 2023: €42k 2024: €36k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€43k-€41k▼ 5.2%€42k▲ 2.8%€36k▼ 13.6%€31k▼ 13.5%
Operating result€-3k-€-2k▲ 29.5%€1k€-6k€-5k▲ 14.7%
Net result€-3k-€-2k▲ 30.7%€1k€-6k€-5k▲ 14.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-6k€-4k€-2k€0€2kOperating result 2021: €-3k€-3kNet result 2021: €-3k€-3kOperating result 2022: €-2k€-2kNet result 2022: €-2k€-2kOperating result 2023: €1k€1kNet result 2023: €1k€1kOperating result 2024: €-6k€-6kNet result 2024: €-6k€-6kOperating result 2025: €-5k€-5kNet result 2025: €-5k€-5k20212022202320242025
The operating result stays negative: a loss of €5k in 2025 against €6k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €74k
Equity €31k▼ 13.5%
Debt €43k▼ 17.4%
The debt ratio falls from 58.9% to 57.8%: debt falls faster than equity shrinks.
Key figures and ratios
2025 value · change against 2024
Solvency
42.2%
2024 · 41.1%
Current ratio
1.73
2024 · 1.70
Quick ratio
1.73
2024 · 1.57
Debt / equity
1.37
2024 · 1.43
ROE
-15.6%
2024 · -15.8%
ROA
-6.6%
2024 · -6.5%
Debt
€43k
2024 · €52k
Debt ≤ 1 year
€43k
2024 · €52k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€88k€74k
Current assets29/58€88k€74k
Stocks and contracts in progress3€7k-
Stocks30/36€7k-
Amounts receivable within one year40/41€51k€52k
Trade receivables40€50k€52k
Other amounts receivable41€543-
Cash at bank and in hand54/58€31k€22k
Equity and liabilities
Total equity and liabilities10/49€88k€74k
Equity10/15€36k€31k
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€16k€11k
Amounts payable17/49€52k€43k
Amounts payable within one year42/48€52k€43k
Trade debts44€99€243
Suppliers440/4€99€243
Taxes, remuneration and social security45-€917
Taxes450/3-€917
Other amounts payable47/48€52k€42k
Income statement Code20242025
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€7k
Other operating charges640/8€513€528
Gross operating margin9900€-5k€3k
Operating profit (loss)9901€-6k€-5k
Financial charges65/66B€40€42
Recurring financial charges65€40€42
Profit (loss) for the period before taxes9903€-6k€-5k
Profit (loss) for the period9904€-6k€-5k
Profit (loss) for the period to be appropriated9905€-6k€-5k
Appropriation of the result
Profit (loss) to be appropriated9906€16k€11k
Profit (loss) brought forward from the previous period14P€22k€16k

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
19-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
2024
31-12
Financial Weakest financial yearnet €-6k ▼597%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
27-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
31-12
Financial Back to profitnet €1k
Net result €1k after 3 loss-making years.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
29-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
31-12
Financial Back to profitnet €3k
Net result €3k after one loss-making year.
30-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
27-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
6 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, Waregem · 1 establishment unit since 2013
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Langveld 78790 Waregem
Ground area
865 m²
Building footprint
231 m²
Volume, LiDAR
1,161 m³
Parcel 34452B0473/00D000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Langveld 7, 8790 Waregem
Retail sale of information and communication equipment
since 20132.223.366.197
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34452B0473/00D000 Flanders 865 m² 1 · 231 m² 8.5 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 29,884 companies in sector 62200 we hold annual accounts for 18,321. 14,321 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded22-10-2013
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
61200Telecommunications resale and intermediation services
61900Telecommunications
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.