Equity
€258,687 ▲ 126%
Equity rose in 2025 from €114,606 to €258,687.
iPATH Solutions
Overview
Lifetime
3 annual accounts with figures on one time axispeak €232,224 (2025)
€232,224▲ 19.7%
lowest -€42,524 (2023)
€144,081▼ 8.2%
peak €258,687 (2025)
€258,687▲ 126%
€4,063▼ 97.0%
Board1 name since 2023
1 director
Documentsfilings and deeds
31-07-2026on the last day
2025micro format
Gross margin from €194,029 to €232,224Equity from €114,606 to €258,687Debts from €135,588 to €4,063Cash from €162,841 to €246,952
Key points
from the 2025 annual accountsTurnover
≈ €430,000 estimated
The micro format states no turnover.
Investments
€9,450 4.0 × depreciation
Green is investment, beige is depreciation.
Liquidity
69.86 was 1.85 in 2024
Short-term debts fell from €135,588 to €4,063.
Filings
3 annual accounts 2 late
The 2023 accounts came latest: 40 days after the end of the period.
Position in the sector
€144,081
Higher net result than 95% of companies in advertising and market research. Sector median €14,071 · 9,121 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 39,274 companies had the same profile as iPATH Solutions has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,274 companies, not a prediction for iPATH Solutions. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0802790905
Incorporation
Founding capital of €100, 100 shares · Founder: · Appointment: (director) · published on 19-06-2023 · Gazette deed
First establishment
E. Van Elewijckstraat 77, Wemmel
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| iPATH Solutions Wemmel | €290,899 | €232,224 | 88.9% | - |
| Piëzo Consulting Zemst | €299,387 | €234,275 | 39.8% | - |
| DEALWISE Uccle | €307,342 | €264,265 | 77.9% | - |
| COVERED Antwerp | €292,819 | €235,664 | 86.7% | - |
| NANOOK CONSULTING Dilsen-Stokkem | €319,195 | €202,564 | 72.2% | - |
| By Scarlett Leuven | €369,032 | €266,822 | 72.8% | - |
| NoStrezz Vilvoorde | €346,710 | €241,673 | 43.2% | - |
These companies have the same main activity as iPATH Solutions: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €293,000 and €369,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 15-06-2023Normal situation
- Activity
- Public relations and communication consultancyNACE 73300
- Establishment unit
- 2.346.188.3891780 Wemmel, since 15-06-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 20-01-2026
Annual accounts 2025
- €232,224▲ 19.7%
- €144,081▼ 8.2%
- €258,687▲ 126%
- €290,899▲ 16.3%
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on iPATH Solutions
iPATH Solutions files the micro format. That format states no turnover. The gross margin rose from -€42,100 in 2023 to €232,224 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 31-07-2026, on the day of the deadline€232,224
▲ 19.7%
€201,319
▲ 3.8%
€144,081
▼ 8.2%
€279,769
▲ 144%
88.9%
▲ 43.1 percentage points
69.86
▲ 68.02
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €430,000. Estimated: probably between €320,000 and €850,000.
Balance sheet
balance sheet total €290,899 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
88.9%
Higher than 87% of 9,119 companies in 2025.
69.86
Higher than 95% of 8,757 companies in 2025.
49.5%
Higher than 91% of 8,885 companies in 2025.
iPATH Solutions
Middle half of the sector
80% of the sector
Micro accounts in advertising and market research (NACE 73)
Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
290,899 | 250,194 | 2,067 | |
21/28 |
7,068 | - | - | |
21 |
7,068 | - | - | |
29/58 |
283,831 | 250,194 | 2,067 | |
40/41 |
34,162 | 84,915 | 625 | |
40 |
14,809 | 84,915 | - | |
41 |
19,353 | - | 625 | |
54/58 |
246,952 | 162,841 | 1,441 | |
490/1 |
2,717 | 2,438 | - | |
| Balance sheet: equity and liabilities | ||||
10/49 |
290,899 | 250,194 | 2,067 | |
10/15 |
258,687 | 114,606 | -42,424 | |
10/11 |
100 | 100 | 100 | |
14 |
258,587 | 114,506 | -42,524 | |
16 |
28,150 | - | - | |
160/5 |
28,150 | - | - | |
164/5 |
28,150 | - | - | |
17/49 |
4,063 | 135,588 | 44,491 | |
42/48 |
4,063 | 135,588 | 44,491 | |
43 |
- | 65 | - | |
430/8 |
- | 65 | - | |
44 |
654 | 8,846 | 1,826 | |
440/4 |
654 | 8,846 | 1,826 | |
46 |
700 | 84,334 | - | |
45 |
2,709 | 37,900 | 575 | |
450/3 |
2,709 | 37,900 | 575 | |
47/48 |
- | 4,444 | 42,089 | |
| Income statement | ||||
9900 |
232,224 | 194,029 | -42,100 | |
630 |
2,382 | - | - | |
635/8 |
28,150 | - | - | |
640/8 |
373 | - | 407 | |
9901 |
201,319 | 194,029 | -42,508 | |
75/76B |
209 | 638 | - | |
75 |
209 | 638 | - | |
65/66B |
5,219 | 1,739 | 16 | |
65 |
5,219 | 1,739 | 16 | |
9903 |
196,309 | 192,928 | -42,524 | |
67/77 |
52,228 | 35,898 | - | |
9904 |
144,081 | 157,030 | -42,524 | |
9905 |
144,081 | 157,030 | -42,524 | |
| Appropriation of the result | ||||
9906 |
258,587 | 114,506 | -42,524 | |
14P |
114,506 | -42,524 | - | |
| Document | ||||
The notes to these accounts have 5 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 31-07-2026.
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 |
|---|---|---|---|---|
| 203,701 | - | - | ||
| 146,463 | - | - | ||
| 9,450 | - | - | ||
| 84,111 | 161,400 | - | ||
| 279,769 | 114,606 | -42,424 | ||
| 88.9% | 45.8% | - | ||
| 69.86 | 1.85 | - | ||
| 0.02 | 1.18 | - | ||
| 55.7% | 137.0% | - | ||
| 49.5% | 62.8% | - | ||
| 39.03 | - | - |
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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Intangible fixed assets | €9,450 | - | - |
| €2,382 | - | - |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on iPATH Solutions
The operating result for 2025 is 4% higher than in 2024 and the highest since 2023. It is the second rise in a row.
Debt's share of the balance-sheet total falls from 54.2% to 1.4%. Equity is higher and debt is lower.
Board & ownership
Board
1 director, since incorporationDirector
since 15-06-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 31-07-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 19-06-2023
Mandates through the years
1 name, the dashed line is todayDirector
Board
Mandates as a list
-
- Director, from 15-06-2023 to date
Control
Founder
This company
iPATH Solutions
Equity €258,687
Profit €144,081 in 2025
Capital
- Contribution
- €100
- Shares
- 100
- Contribution per share
- €1
- Equity per share
- €2,587 in 2025
- Source
- deed of 19-06-2023
Articles of association
deed of 19-06-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Monday of June at 10:00
Founder
At incorporation
deed of 19-06-2023 ↗
- sole founder · 100% at incorporation
Network & group
No group
iPATH Solutions has no parent and no holdings in its annual accounts. is the only director. iPATH Solutions shares no director with another company.
The LEI register names no parent.
Timeline
Timeline
11 events since 2023Filings
Financial
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · on the deadline day
Registered in the Peppol Directory Reachable for e-invoices through 0208:0802790905
2025
Liquidity more than 37 times current ratio 69.86 The current ratio rises from 1.85 to 69.86. Short-term debt falls from €135,588 to €4,063.
Equity above €200,000 equity €258,687 ▲126% After 2 profitable years in a row, equity reaches €258,687.
Annual accounts 2024 filed PDFmicro format · 29 days late
2024
Back to profit net €157,030 The net result is €157,030, after one loss-making year.
Liquidity more than 39 times current ratio 1.85 The current ratio rises from 0.05 to 1.85.
Equity above €100,000 equity €114,606 Equity rises from -€42,424 to €114,606.
Annual accounts 2023 filed PDFmicro format · 40 days late
2023
IncorporationFounding capital of €100, 100 shares · Founder: · Appointment: (director) · published on 19-06-20233 points ▸
- Founder,
- Founding capital, €100, 100 shares
- Director appointment,
- The deed holds 3 more points.
First establishment E. Van Elewijckstraat 77, Wemmel
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
Identity
- Enterprise number
- 0802.790.905
- VAT number
- BE 0802.790.905
- Peppol ID
- 0208:0802790905
- LEI code
- 254900CXZ64TZ037JB09 live in the LEI register
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 15-06-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Monday of June at 10:00deed of 19-06-2023 (in Dutch)
- Peppol
- Reachable since 20-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- iPATH Solutions in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 19-06-2023 (in Dutch)
- Name clauseThe company operates under this name according to its articles.
- IPATH Solutionsdeed of 19-06-2023 (in Dutch)
- 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”deed of 19-06-2023 (in Dutch)
Activities
NACEBEL 202573300
Public relations and communication consultancy main activity
Codes under NACEBEL 2008
70210
Activities of head offices; management consultancy activities main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Alle bijdragen aan de vestiging of ontwikkeling van ondernemingen en in het bijzonder het verlenen van…”deed of 19-06-2023 (in Dutch)
5 activities
- Alle bijdragen aan de vestiging of ontwikkeling van ondernemingen en in het bijzonder het verlenen van financieel,technisch,commercieel,administratief en personeelsgebonden advies in de breedste zin van het woord (uitgezonderd advies over belegging van geld en dergelijke),raadgeving,bijstand en het uitvoeren van diensten rechtstreeks of onrechtstreeks op het gebied van administratie en financiën,van verkoop,van productie,van technieken van commerciële organisatie en distributie,en meer algemeen het beleid en de uitoefening van alle activiteiten in verband met dienstverlening en management in de breedste zin van het woord aan alle willekeurige fysieke- of rechtspersonen,en meer bepaald maar niet beperkt tot de farmaceutische sector
- Het uitoefenen van alle mogelijke mandaten onder de vorm van studies van organisatie,van expertises,van technische of andere handelingen en adviezen,in alle domeinen begrepen in haar voorwerp
- Management consulting aan bedrijven,organisaties en andere instellingen en het op punt stellen van de organisatie,strategie en management van het menselijk potentieel,zoals onder meer coaching,Human Resources Management Systemen,recrutering,selectie en training
- Alle marketing studies,expertises,en adviezen met betrekking tot de licentie van producten,verwerving van vennootschappen,organisaties,personeel,public relations,en alle handelingen en activiteiten daarmee verband houdend
- Alle mogelijke studies,expertises,en adviesverlening in de sector van beleggingen
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| E. Van Elewijckstraat 77 registered office 1780 Wemmel | 15-06-2023 | 2.346.188.389 |
Buildings and parcels at the address
- Ground area
- 261 m²
- Buildings
- 91 m²
- Volume, LiDAR
- 647 m³
- Tallest building
- 14.2 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 22662B0285/00E003 | 261 m² | 1 · 91 m² | 14.2 m · 3 |