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IPARPEX

Active
Private limited companyfounded 2024active for 2 yearsKorenbloemstraat 22, 2450 Meerhout, BelgiumKBO/BCE: BE 1009.110.497
Summary

IPARPEX has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1,053) and a net result of -€4,053. Its solvency ranks better than 9% of 11,675 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2025, micro format

Equity
-€1,053
Total assets
€30,176
Net result
-€4,053
Working capital
€5,564

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €30,176
Fixed assets €23,383
Current assets €6,793
Equity and liabilities
Equity-€1,053
Debt€31,229
Equity is negative: debt (€31,229) exceeds the balance-sheet total (€30,176).
Key figures and ratios
2025 value
EBITDA
€7,796
Cash flow
€7,654
Solvency
-3.5%
Current ratio
5.53
ROA
-13.4%
Interest coverage
69.94
Debt
€31,229
Debt ≤ 1 year
€1,229
Debt > 1 year
€30,000
Income taxes
€824
No debt to equity: equity is negative, so debt divided by equity means nothing.

Peer companies

Historical observation

Of the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 84.9% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.9% went bankrupt
5.6% stopped otherwise
84.9% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% 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 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 7,638 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
Filed annual accounts As filed with the NBB · 2025 · 32 lines
Balance sheet Code2025
Assets
Total assets20/58€30,176
Fixed assets21/28€23,383
Tangible fixed assets22/27€23,383
Plant, machinery and equipment23€472
Furniture and vehicles24€22,911
Current assets29/58€6,793
Amounts receivable within one year40/41€334
Other amounts receivable41€334
Cash at bank and in hand54/58€6,459
Equity and liabilities
Total equity and liabilities10/49€30,176
Equity10/15-€1,053
Contributions10/11€3,000
Profit (loss) carried forward14-€4,053
Amounts payable17/49€31,229
Amounts payable after more than one year17€30,000
Other amounts payable178/9€30,000
Amounts payable within one year42/48€1,229
Taxes, remuneration and social security45€1,229
Taxes450/3€1,229
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,707
Other operating charges640/8€4,838
Gross operating margin9900€12,634
Operating profit (loss)9901-€3,911
Financial income75/76B€793
Recurring financial income75€793
Financial charges65/66B€111
Recurring financial charges65€111
Profit (loss) for the period before taxes9903-€3,229
Income taxes67/77€824
Profit (loss) for the period9904-€4,053
Profit (loss) for the period to be appropriated9905-€4,053
Appropriation of the result
Profit (loss) to be appropriated9906-€4,053

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,707
Other operating charges640/8€4,838
Gross operating margin9900€12,634
Operating profit (loss)9901-€3,911
Financial income75/76B€793
Recurring financial income75€793
Financial charges65/66B€111
Recurring financial charges65€111
Profit (loss) for the period before taxes9903-€3,229
Income taxes67/77€824
Profit (loss) for the period9904-€4,053
Profit (loss) for the period to be appropriated9905-€4,053
Line2025
Assets
Total assets20/58€30,176
Fixed assets21/28€23,383
Tangible fixed assets22/27€23,383
Plant, machinery and equipment23€472
Furniture and vehicles24€22,911
Current assets29/58€6,793
Amounts receivable within one year40/41€334
Other amounts receivable41€334
Cash at bank and in hand54/58€6,459
Equity and liabilities
Total equity and liabilities10/49€30,176
Equity10/15-€1,053
Contributions10/11€3,000
Profit (loss) carried forward14-€4,053
Amounts payable17/49€31,229
Amounts payable after more than one year17€30,000
Other amounts payable178/9€30,000
Amounts payable within one year42/48€1,229
Taxes, remuneration and social security45€1,229
Taxes450/3€1,229
Line2025
Profit (loss) for the period9904-€4,053
+ Depreciation and write-downs630€11,707
Operating cash flow (approximation)€7,654

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 29-06-2026 2026-00237895

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 11,512 active companies whose main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121), figures are known for 6,714. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.