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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 11,742 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Engineering and related technical consultancy, excluding land surveyors
NACE 71121
1 site
Size
≈ €66,000turnover 2025, estimated
Equity
-€1,053
Loss
-€4,053
Turnover estimated from the gross margin
Financial health
54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
2025 accounts 32 days early
Why 54raises riskCapped at 59: negative equityNegative equity -€1,053lowers riskSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Size: total assets €30,176Liquidity: current ratio 5.53, cash €6,459Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 32% of its sector peers (NACE 71, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength
Average
Solvency 22
equity -3.5% of total assets
Liquidity 77
short-term debt 4.1% · cash 21.4%
Profitability 52
return on assets -13.4%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (14,823 companies, NACE 71, micro)
Last 24 months 06-2025: 0.5% 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.6%▲ +0.1 percentage points vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.7%▲ +0.1 percentage points vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.8%▲ +0.1 percentage points vs 05-2026highest value 07-2026: 0.3%▼ -0.5 percentage points vs 06-2026lowest value 08-2026: 0.3%● unchanged vs 07-2026lowest value 09-2026: 0.3%● unchanged vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026lowest value
No credit on open account
Liquidity ample (current ratio 5.53, above the usual 1.5; short-term debt: 4.1% and cash: 21.4% of total assets), but equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro): better than 8% on solvency, 65% on liquidity and 22% on profitability.

The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
raises risk · Negative equity -€1,053
NBB · annual accounts
lowers risk · Size: total assets €30,176
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 5.53, cash €6,459
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 years
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 29-06-2026, 32 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
32 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. IncorporationAppointments: LEYSEN Willy Jozef Joanna…

Financials · financial year 2025, micro format

Turnover
≈ €66,000
Estimated: probably between €39,000 and €150,000
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. The turnover shown is an estimate from the gross margin.

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 7,639 companies that looked in July 2024 the way this one looks now, 8.8% went bankrupt within 24 months and 84.8% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.8% went bankrupt
5.6% stopped otherwise
84.8% 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 497,445 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% 0.9%
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 7,639 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 11,533 active companies whose main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121), figures are known for 6,790. See the whole sector

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

Directors

Directors
2 directors, no change since 2024
JANSSENS Marleen Coleta Joanna
Director (not named in the articles) · since 08-05-2024
Current
LEYSEN Willy Jozef Joanna
Director (not named in the articles) · since 08-05-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

2 people since 2024, 2 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
JANSSENS Marleen Coleta Joanna
  • Director (not named in the articles), from 08-05-2024 to date
LEYSEN Willy Jozef Joanna
  • Director (not named in the articles), from 08-05-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 08-05-2024 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 08-05-2024 Incorporation · 1,200 shares

Group and network

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 6 May 2024, IPARPEX was incorporated as a private limited company by one natural person.12 Of the 2 current board members, 2 have served since 2024.2 The company has filed annual accounts once, for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 08-05-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
29-06
NBB filing Annual accounts filed
financial year 2025 · micro format
2024
08-05
Gazette deed Incorporation
Appointments: LEYSEN Willy Jozef Joanna (director) and JANSSENS Marleen Coleta Joanna (director) · Founder · Founding capital9 facts ▸
  • Incorporation, 06-05-2024
  • Founder, LEYSEN Willy Jozef Joanna
  • Founding capital
  • Other provision, “slot- en overgangsbepalingen uitwerking, overeenkomstig de wet” (deed in Dutch)
  • Board rule, 2
  • Director appointment, LEYSEN Willy Jozef Joanna (director (not named in the articles))
  • Director appointment, JANSSENS Marleen Coleta Joanna (director (not named in the articles))
  • Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
  • Other provision, “kosten en verklaringen”, EUR (deed in Dutch)
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded06-05-2024
Financial year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
70200Business and other management consultancy
73300Public relations and communication consultancy
74999Other professional, scientific and technical activities
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1009110497
Also 9925:BE1009110497
Registered 09-03-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Meerhout · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
1,479 m²
Parcel 13021B0733/00B003, Flanders. Linked by address, not a title deed.
1 establishment unit
IPARPEX
Korenbloemstraat 22, 2450 MeerhoutEngineering and related technical consultancy, excluding land surveyors
since 2024unit no. 2.359.329.218
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
13021B0733/00B003 Flanders 1,478 m² - -
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
IPARPEX
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest” (deed in Dutch)
“2450 Meerhout,Korenbloemstraat 22” (deed in Dutch)

deed of 08-05-2024

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Algemene vergadering, 1” (deed in Dutch)

deed of 08-05-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Friday of June at 18:00

deed of 08-05-2024

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Dissolution ruleWhen and by whom the company can be dissolved.
“Algemene vergadering, zoals inzake statutenwijziging” (deed in Dutch)

deed of 08-05-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Uitkering uit winst door bestuursorgaan, verminderd met het overgedragen verlies of vermeerderd met de overgedragen winst” (deed in Dutch)
Other provision: “Alleen of gezamenlijk zoals bestuursorgaan bepaalt, dagelijks bestuur” (deed in Dutch)
Other provision: “Buitengewone algemene vergadering, drie weken” (deed in Dutch)
Other provision: “Bestemming van de winst – reserves, algemene vergadering op voorstel van bestuursorgaan” (deed in Dutch)
Other provision: “Bestuursorgaan, interimdividenden” (deed in Dutch)
1 more provision in the deed, see the deed of 08-05-2024

deed of 08-05-2024