Losses
-€11,270 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
IPAC
Overview
Lifetime
3 annual accounts with figures on one time axisGross marginpeak €26,063 (2023)
-€16,241▼ €14,845
Resultlowest -€8,676 (2025)
-€8,676▼ €6,083
Equitypeak €212,922 (2023)
€201,652▼ 4.1%
Debts
-not published
Board2 names since 2023
2 directorsBATTAILLE DE STAPPENS DE NIEUWENHOVE Laurence Catherine Anne Albertine and 1 other
Documentsfilings and deeds
24-02-2026144 days before the deadline
2025micro format
Gross margin from -€1,396 to -€16,241Loss of €8,676Cash from €55,165 to €26,606
Key points
from the 2025 annual accounts, the last ones filedFilings
3 annual accounts since 2023
The last three annual accounts were filed 17 to 144 days before the end of the period.
No scoreTurnover not published (micro format)
Recent changes
Dissolution with immediate closure of the liquidation
Dissolved and wound up in a single deed on 18-12-2025 · No liquidator appointed · Books and records kept by PME-Conseils in Brussels · General meeting of 18-12-2025 · Gazette deed
Registered office moved from Uccle to Brussels
New registered office: Alsembergsesteenweg 999 bus 9, 1180 Brussel · Previous registered office: Winston Churchilllaan 240 bus 4, 1180 Ukkel · Appointments: BATTAILLE DE STAPPENS DE NIEUWENHOVE Laurence Catherine Anne Albertine (director) and MOONEN Gertruda Maria Mathilde (director) · Gazette deed
Incorporation
9 publications in the Belgian Official Gazette, the last on 23-02-2026 · Gazette deed
Official details
Source: KBO- Status
- Dissolved and wound up on 18-12-2025deed of 23-02-2026
- Activity
- “Alle dienstprestaties van economische aard, het verstrekken van adviezen, coaching en consulting op het…” (deed in Dutch)From the articles, 9 activitiesNo NACE code in the KBO yet
- Financial year end
- 18 December
- Peppol
- Not found in the Peppol Directory
Annual accounts to 18-12-2025
- Gross margin
- -€16,241▼ 1,063%
- Loss
- €8,676▲ 235%
- Equity
- €201,652▼ 4.1%
- Total assets
- €201,652▼ 8.0%
- Filing
- Filed on 24-02-2026
Insights on IPAC
Inactive. The last annual accounts are for financial year 2025. The company was dissolved and wound up in a single deed on 18-12-2025. No liquidator was appointed. The books and records are kept by PME-Conseils in Brussels.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 24-02-2026, 144 days before the deadlineGross margin
-€16,241
▼ €14,845
Operating result
-€16,891
▼ €12,947
Loss
-€8,676
▼ €6,083
Working capital
-
Solvency
100.0%
▲ 4.1 percentage points
Current ratio
-
Turnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €201,652 on 18-12-2025What the company ownsHow it is paid for
Change in equityin euro
Change in cashin euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
Total assets20/58 |
201,652 | 219,255 | 254,764 | |
Fixed assets21/28 |
7,237 | 9,403 | 10,329 | |
Tangible fixed assets22/27 |
7,237 | 8,763 | 10,295 | |
Furniture and vehicles24 |
7,237 | 7,237 | 7,237 | |
Other tangible fixed assets26 |
- | 1,525 | 3,057 | |
Financial fixed assets28 |
- | 640 | 35 | |
Current assets29/58 |
194,414 | 209,852 | 244,435 | |
Amounts receivable after more than one year29 |
40,650 | 40,650 | 53,477 | |
Other amounts receivable291 |
40,650 | 40,650 | 53,477 | |
Amounts receivable within one year40/41 |
117,024 | 108,203 | 126,659 | |
Trade receivables40 |
- | 20,723 | 59,320 | |
Other amounts receivable41 |
117,024 | 87,480 | 67,339 | |
Current investments50/53 |
10,134 | 3,699 | 3,699 | |
Cash at bank and in hand54/58 |
26,606 | 55,165 | 58,704 | |
Deferred charges and accrued income490/1 |
- | 2,134 | 1,896 | |
| Balance sheet: equity and liabilities | ||||
Total equity and liabilities10/49 |
201,652 | 219,255 | 254,764 | |
Equity10/15 |
201,652 | 210,328 | 212,922 | |
Contributions10/11 |
18,600 | 18,600 | 18,600 | |
Reserves13 |
77,529 | 77,529 | 77,529 | |
Non-distributable reserves130/1 |
1,860 | 1,860 | 1,860 | |
Reserves not available under the articles1311 |
1,860 | 1,860 | 1,860 | |
Distributable reserves133 |
75,669 | 75,669 | 75,669 | |
Profit (loss) carried forward14 |
105,523 | 114,200 | 116,793 | |
Amounts payable17/49 |
- | 8,926 | 41,842 | |
Amounts payable within one year42/48 |
- | 8,926 | 41,842 | |
Financial debts43 |
- | 740 | 764 | |
Credit institutions430/8 |
- | 740 | 764 | |
Trade debts44 |
- | 1,362 | 6,908 | |
Suppliers440/4 |
- | 1,362 | 6,908 | |
Taxes, remuneration and social security45 |
- | 6,824 | 15,536 | |
Taxes450/3 |
- | 6,824 | 15,536 | |
Other amounts payable47/48 |
- | - | 18,634 | |
| Income statement | ||||
Gross operating margin9900 |
-16,241 | -1,396 | 26,063 | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
- | 1,532 | 2,093 | |
Other operating charges640/8 |
650 | 1,016 | 982 | |
Operating profit (loss)9901 |
-16,891 | -3,944 | 22,988 | |
Financial income75/76B |
8,685 | 52,369 | 8,956 | |
Recurring financial income75 |
2,251 | 2,369 | 8,956 | |
Non-recurring financial income76B |
6,435 | 50,000 | - | |
Financial charges65/66B |
96 | 50,216 | 50 | |
Recurring financial charges65 |
96 | 216 | 50 | |
Non-recurring financial charges66B |
- | 50,000 | - | |
Profit (loss) for the period before taxes9903 |
-8,301 | -1,792 | 31,894 | |
Income taxes67/77 |
375 | 802 | 9,324 | |
Profit (loss) for the period9904 |
-8,676 | -2,593 | 22,570 | |
Profit (loss) for the period to be appropriated9905 |
-8,676 | -2,593 | 22,570 | |
| Appropriation of the result | ||||
Profit (loss) to be appropriated9906 |
105,523 | 114,200 | 139,363 | |
Profit (loss) brought forward from the previous period14P |
114,200 | 116,793 | 116,793 | |
Transfer to equity691/2 |
- | - | 22,570 | |
To other reserves6921 |
- | - | 22,570 | |
| Document | ||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 24-02-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| EBITDA | - | -2,412 | 25,081 | |
| Cash flow | - | -1,062 | 24,663 | |
| Investment in fixed assets | - | 605 | - | |
| Change in cash | -28,559 | -3,539 | - | |
| Working capital | - | 200,925 | 202,592 | |
| Solvency | 100.0% | 95.9% | 83.6% | |
| Current ratio | - | 23.51 | 5.84 | |
| Debt to equity | - | 0.04 | 0.20 | |
| ROE | -4.3% | -1.2% | 10.6% | |
| ROA | -4.3% | -1.2% | 8.9% | |
| Interest coverage | - | -11.16 | over 100 |
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.
Investments
fixed assets acquired| Item | 18-12-2025 | 2024 | 2023 |
|---|---|---|---|
| Financial fixed assets | - | €605 | - |
| Depreciation and write-downs of the year | - | €1,532 | €2,093 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on IPAC
The operating result for 2025 is a loss of €16,891, larger than the loss of €3,944 in 2024. It is the lowest result since 2023.
Board & ownership
Last board
2 directors, last change in 2024Director (not named in the articles)
appointed by deed of 05-01-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 24-02-2026
Director (not named in the articles)
appointed by deed of 05-01-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 24-02-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Indien meerdere bestuurders vormen deze een college. Iedere bestuurder is afzonderlijk bevoegd om alle handelingen te verrichten die nodig…”deed of 05-01-2024
Mandates through the years
2 names, the dashed line is todayBATTAILLE DE STAPPENS DE NIEUWENHOVE Laurence Catherine Anne Albertine
Director (not named in the articles)
Director (not named in the articles)
MOONEN Gertruda Maria Mathilde
Director (not named in the articles)
Director (not named in the articles)
Boardmandate already running before its first mention
Mandates as a list
- BATTAILLE DE STAPPENS DE NIEUWENHOVE Laurence Catherine Anne Albertine
- Director (not named in the articles), since before 31-12-2023
- MOONEN Gertruda Maria Mathilde
- Director (not named in the articles), appointed by deed of 05-01-2024, still in office
Control
Capital
- Contribution
- €18,600
- Source
- deed of 05-01-2024
Articles of association
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 05-01-2024 (in Dutch)
- Financial yearThe company draws up its annual accounts over this twelve-month period.
- From 1 January to 31 Decemberdeed of 05-01-2024 (in Dutch)
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Thursday of May at 17:00deed of 05-01-2024 (in Dutch)
- Custody of recordsThe books and records are kept for at least five years after liquidation. The articles set where.
- “Rue Egide Van Ophem, 40A à 1180 Bruxelles, PME-Conseils”deed of 23-02-2026 (in Dutch)
Network & group
No group
IPAC has no parent and no holdings in its annual accounts. IPAC shares no director with another company.
Timeline
Timeline
8 events since 2004Board
Filings
Financial
End
Address
200420062008201020122014201620182020202220242026
2026
Annual accounts 2025 filed NBBmicro format · 144 days before the deadline
Dissolution with immediate closure of the liquidationDissolved and wound up in a single deed on 18-12-2025 · No liquidator appointed · Books and records kept by PME-Conseils in Brussels · General meeting of 18-12-20253 points ▸
- General meeting, 18-12-2025
- Dissolution, 18-12-2025
- Liquidation closure, 18-12-2025
- The deed holds 3 more points.
2025
Weakest financial year net -€8,676 The net result drops to -€8,676, the lowest from 2023 to 2025.
Annual accounts 2024 filed NBBmicro format · 17 days before the deadline
2024
Liquidity quadruples current ratio 23.51 The current ratio rises from 5.84 to 23.51. Short-term debt falls from €41,842 to €8,926.
Annual accounts 2023 filed NBBmicro format · 107 days before the deadline
Registered office moved from Uccle to BrusselsNew registered office: Alsembergsesteenweg 999 bus 9, 1180 Brussel · Previous registered office: Winston Churchilllaan 240 bus 4, 1180 Ukkel · Appointments: BATTAILLE DE STAPPENS DE NIEUWENHOVE Laurence Catherine Anne Albertine (director) and MOONEN Gertruda Maria Mathilde (director)5 points ▸
- General meeting, 26-12-2023
- Board rule, 2
- Director appointment, BATTAILLE DE STAPPENS DE NIEUWENHOVE Laurence Catherine Anne Albertine (director (not named in the articles))
- Director appointment, MOONEN Gertruda Maria Mathilde (director (not named in the articles))
- Registered-office move, Alsembergsesteenweg 999 bus 9, 1180 Brussel
- The deed holds 6 more points.
2004
Incorporation PDF9 publications in the Belgian Official Gazette, the last on 23-02-2026
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, financial year and meetings according to the articles of association
Name, seat, purpose and duration
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Alle dienstprestaties van economische aard, het verstrekken van adviezen, coaching en consulting op het gebied van communicatie, human…”
9 activities
- Alle dienstprestaties van economische aard, het verstrekken van adviezen, coaching en consulting op het gebied van communicatie, human resources, administratie, organisatie, management, financiën, marketing, juridische zaken en alle aanverwante manageriale vraagstukken zowel in België als in het buitenland
- Het organiseren van evenementen in België en in het buitenland
- Het les- of voordrachten geven aan scholen, hogescholen en universitaire instellingen; deelnemen aan studie- of vormingsdagen
- Het waarnemen van alle mandaten van bestuurder of vereffenaar in alle vennootschapen en ondernemingen
- Het verwerven, beheren en verkopen van participaties. Zij kan deelnemen aan het bestuur van en het toezicht op ondernemingen waarin zij al dan niet participeert
- Voor eigen rekening en/of rekening van derden, of in samenwerking met derden en/of tussenpersonen alle onroerend goed – of ermee verband houdende verrichtingen stellen. Hiertoe mag de vennootschap alle verrichtingen van aankoop, verkoop, verandering, verbouwing, valorisatie, inrichting, ruil, expertise, beheer van alle roerende en onroerende goederen uitvoeren; het promoten en het coördineren van het bouwen van appartementen, woonhuizen, industriële gebouwen en alle andere onroerende goederen in het algemeen
- Voor eigen rekening mag de vennootschap tevens een roerend vermogen aanleggen, uitbouwen en beheren
- De vennootschap mag zekerheiden stellen en zich aval stellen tot waarborg van zowel eigen verplichtingen en verbintenissen als die van derden
- De aan- en verkoop, de in- en uitvoer, de groot- en kleinhandel, de vertegenwoordiging, de commissiehandel, het vervaardigen, het verdelen en de handel in wijnen, likeuren, champagnes, aperitieven en ander dranken in al zijn vormen
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”
General meeting and financial year
- Financial yearThe company draws up its annual accounts over this twelve-month period.
- From 1 January to 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Thursday of May at 17:00
Articles of association, deed of 05-01-2024 (in Dutch)
Inactive
Dissolved and wound up on 18 December 2025
IPAC is no longer in the KBO register.
- Status
- Inactive
- Reason
- Dissolved and wound up in a single deedBelgian Official Gazette, 23 February 2026 · deed
- Last annual accounts
- financial year to 18 December 2025
- Last registered office
- Winston Churchilllaan 240, Bus 4, 1180 Ukkelas published on 23 February 2026
- Legal form
- Private limited company
- First annual accounts
- financial year 2023