IP4
ActiveSummary
The computed 12-month bankruptcy probability of IP4 is 2.1% (moderate). The 2025 annual accounts show equity of €3k and a net result of €-930. Equity is shrinking by ~16.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 25% of 18280 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
37
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability25▲+15
Solvency30▼-1
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.04 against 1.04 in 2024; short-term debt: 95.2% and cash: 21.6% of total assets), and 95.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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 2025Solvency, return and age of the figures
Solvency
4.8%
Return on assets
-1.4%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-930
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 22-07-2026, 9 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
9 d early
2024
30 d late
2023
152 d late
2022
2 d late
2021
533 d late
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€3k▼ 22.1%
2024 · €4k
2019: €12k
2020: €3k
2021: €16k
2022: €9k
2023: €9k
2024: €4k
2019 → 2025
Total assets
€68k▲ 0.5%
2024 · €68k
2019: €31k
2020: €22k
2021: €49k
2022: €45k
2023: €54k
2024: €68k
2019 → 2025
Net result
€-930▲ 80.5%
2024 · €-5k
2019: €-4k
2020: €-9k
2021: €14k
2022: €-7k
2023: €-492
2024: €-5k
2019 → 2025
Working capital
€2k▲ 0.1%
2024 · €2k
2019: €6k
2020: €-5k
2021: €11k
2022: €6k
2023: €5k
2024: €2k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€16k-€9k▼ 42.3%€9k▼ 5.2%€4k▼ 53.0%€3k▼ 22.1%
Operating result€14k-€-6k€-200▲ 96.4%€-7k▼ 3,426%€-403▲ 94.3%
Net result€14k-€-7k€-492▲ 92.9%€-5k▼ 867%€-930▲ 80.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €403 in 2025 against €7k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €68k
Fixed assets
€991 ▼ 48.5%
Current assets
€67k ▲ 2.0%
Equity and liabilities €68k
Equity
€3k ▼ 22.1%
Debt
€65k ▲ 2.0%
Debt's share of the balance-sheet total rises from 93.8% to 95.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€530▲
2024 · €-5k
Cash flow
€3▲
2024 · €-3k
Current ratio
1.04▼
2024 · 1.04
Quick ratio
0.24▲
2024 · 0.18
Debt to equity
19.64▲
2024 · 15.01
ROE
-28.3%▲
2024 · -112.8%
ROA
-1.4%▲
2024 · -7.0%
Interest coverage
1.01▲
2024 · -14.98
Debt ≤ 1 year
€65k▲
2024 · €63k
Staff costs
€37k▲
2024 · €36k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€68k€68k▲
Fixed assets21/28€2k€991▼
Tangible fixed assets22/27€2k€991▼
Plant, machinery and equipment23€769-
Furniture and vehicles24€1k€991▼
Current assets29/58€66k€67k▲
Stocks and contracts in progress3€54k€51k▼
Stocks30/36€54k€51k▼
Amounts receivable within one year40/41€400€400=
Other amounts receivable41€400€400=
Cash at bank and in hand54/58€11k€15k▲
Deferred charges and accrued income490/1-€711
Equity and liabilities
Total equity and liabilities10/49€68k€68k▲
Equity10/15€4k€3k▼
Contributions10/11€16k€16k=
Profit (loss) carried forward14€-12k€-13k▼
Amounts payable17/49€63k€65k▲
Amounts payable within one year42/48€63k€65k▲
Trade debts44€7k€1k▼
Suppliers440/4€7k€1k▼
Taxes, remuneration and social security45€10k€19k▲
Taxes450/3€2k€2k▼
Remuneration and social security454/9€8k€17k▲
Other amounts payable47/48€47k€44k▼
Income statement
Code20242025
Remuneration, social security and pensions62€36k€37k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€934▼
Other operating charges640/8-€790
Gross operating margin9900€31k€39k▲
Operating profit (loss)9901€-7k€-403▲
Financial income75/76B€3k-
Recurring financial income75€3k-
Financial charges65/66B€347€527▲
Recurring financial charges65€347€527▲
Profit (loss) for the period before taxes9903€-5k€-930▲
Profit (loss) for the period9904€-5k€-930▲
Profit (loss) for the period to be appropriated9905€-5k€-930▲
Appropriation of the result
Profit (loss) to be appropriated9906€-12k€-13k▼
Profit (loss) brought forward from the previous period14P€-7k€-12k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
30-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 152 days late
15-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 533 days late
2023
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2021
31-12
Financial
Back to profitnet €14k
Net result €14k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Liège · 1 establishment unit since 2019
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.
Rue de Liège 24020 LiègeGround area
542 m²
Building footprint
242 m²
Volume, LiDAR
1,003 m³
Parcel 62059A0258/00W000, Wallonia · tallest building 7.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Magasin Jupille
since 20192.295.081.465
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62059A0258/00W000 | Wallonia | 542 m² | 1 · 242 m² | 7.5 m · 1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLiège2.295.081.465
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HM ALI BABA
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Of 10,519 companies in sector 47110 we hold annual accounts for 5,857. 2,048 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-10-2018
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
47820Retail sale of motor vehicle parts and accessories
47252Retail sale of beverages, general range
47260Retail trade
47690Retail sale of other cultural and recreation goods
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.