IPBuilding

Active Public limited companyfounded 2011active for 15 yearsNinovesteenweg 196, 9320 AalstKBO/BCE: BE 0834.878.208

IPBuilding

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Overview

Lifetime

15 annual accounts with figures on one time axis

Compare with

peak €544,251 (2020)

€211,471▼ 12.7%

lowest -€350,960 (2019)

€22,719▲ 121%

peak €453,200 (2016)

€304,997▲ 8.0%

€184,112▼ 29.8%

peak 8 FTE (2019)

-not published

Owners

Documentsfilings and deeds

30-10-20261 day before the deadline

2026abbreviated format

Gross margin from €242,143 to €211,471Result from €10,278 to €22,719Debts from €262,082 to €184,112Cash from €5,581 to €27,472

Key points

from the 2026 annual accounts

Equity

€304,997 ▲ 8.0%

IPBuilding has made a profit without a break since 2020.

Turnover

≈ €1.2m estimated

The accounts state no turnover.

Staff

1.8 FTE from 8 in 2019

Between 2019 and 2026, 78% of the full-time equivalents disappeared.

Liquidity

4.37 was 2.36 in 2025

Short-term debts fell from €112,082 to €54,112.

Filings

15 annual accounts since 2012

The last five annual accounts were filed 0 to 28 days before the end of the period.

At the same address

6 companies

SECUREX Arbeidsongevallen establishment since 01-01-2021
SERVICE EXTERNE DE PREVENTION ET DE PROTECTION SECUREX-EXTERNE DIENST VOOR PREVENTIE EN BESCHERMING SECUREX establishment since 18-05-2020
SYNC SOLUTIONS establishment since 16-04-2019

Checked score

Excellent

Financially stronger than 64% of micro companies in retail trade (NACE 47)

Probability in this band: under 0.55%

Bankruptcy probability within 12 months 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.6% across 40,276 companies (NACE 47, micro).

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

Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.4%▲ +0.1 percentage points vs 08-2025 10-2025: 0.5%▲ +0.1 percentage points vs 09-2025highest value 11-2025: 0.2%▼ -0.3 percentage points vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.1%▼ -0.1 percentage points vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength

Strong

87+10equity 62.4% of total assets

56+11short-term debt 11.1% · cash 5.6%

75+4return on assets 4.6%

Score breakdown

raises risk

Sector: Retail trade (NACE 47)

lowers risk

Founded in 2011

Figures for financial year 2026 (filed on 30-10-2026)

Equity €304,997 (62.4% of total assets)

Calculation

The band follows from the bankruptcy probability. 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 47, micro). It does better than 75% of them on solvency, 62% on liquidity, 60% on profitability and 57% on growth.

The bankruptcy probability was computed on 07-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-03-2026.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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

Comparable companies, two years later

In July 2024, 10,904 companies had the same profile as IPBuilding has now. Each dot stands for 28 companies, two years later.

95.2%

were still trading

4.0%

stopped another way

0.7%

went bankrupt

Micro
10 to 20 years old
solvency 30% or more
a profit under 5% of the balance sheet

That fits the bankruptcy probability of IPBuilding itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the 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%

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 10,904 companies, not a prediction for IPBuilding. 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

Credit of up to €25,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 4.37 (2.36 in 2025), above the usual 1.5. Short-term debt is 11.1% and cash 5.6% of total assets. 37.6% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.

lowers riskraises riskneutral

Founded in 2011

Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.

KBO

Sector: Retail trade (NACE 47)

KBO

Figures for financial year 2026 (filed on 30-10-2026)

NBB · annual accounts

Equity €304,997 (62.4% of total assets)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 30-10-2026, 1 day ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2026

1 day early

2025

on the day

2024

on the day

2023

20 days early

2022

28 days early

2021

87 days early

2020

116 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 36 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 30 October (5 of the last 5 accounts filed within 30 days either side of that date).

Companies Code · seven months

Where today falls in the filing period

08-11-2026 today31-03-2027 year end31-10-2027 deadline

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Recent changes

20-11-2020

Registered in the Peppol Directory Reachable for e-invoices through 0208:0834878208

25-09-2012

First establishment Ninovesteenweg 196, Aalst

28-03-2011

Incorporation published on 07-04-2011 · Gazette deed

All 23 events

Comparable companies

same main activity, similar in size and age

Company
IPBuilding Aalst	€489,108	€211,471	62.4%	-
Point 2 Leuven	€586,354	€223,287	39.5%	-
DOT TELECOM Ghent	€650,829	€233,834	20.5%	-
DI MONACO Sint-Niklaas	€313,688	€185,799	25.7%	-
VAN HOYE KANTOOR Stekene	€669,221	€188,504	59.8%	2.5
P2K Aalter	€325,192	€156,523	1.3%	-
IT-QUBE Zoersel	€385,933	€174,203	61.9%	-

These companies have the same main activity as IPBuilding: retail sale of information and communication equipment (NACE 47400). They are comparable in size and age: total assets between €314,000 and €669,000, founded between 2008 and 2013.

Official details

Source: KBO

Status: Active since 28-03-2011Normal situation
Activity: Retail sale of information and communication equipmentNACE 47400and 6 others
Establishment unit: 2.212.619.6869320 Aalst, since 25-09-2012
Financial year end: 31 March
Peppol: Reachable since 20-11-2020

Company details

Annual accounts to 31-03-2026

: €211,471▼ 12.7%
: €22,719▲ 121%
: €304,997▲ 8.0%
: €489,108▼ 10.1%
Employeeson 31-03-2026: 2=
Filing: Filed on 30-10-2026, 1 day before the end of the filing period

Financials

Insights on IPBuilding

IPBuilding files the abbreviated format. That format states no turnover. The gross margin rose from €35,391 in 2012 to €211,471 in 2026.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2026

abbreviated format, filed on 30-10-2026, 1 day before the deadline

€211,471

▼ 12.7%

€30,896

▲ 27.1%

€22,719

▲ 121%

€182,285

▲ 20.0%

62.4%

▲ 10.5 percentage points

4.37

▲ 2.01

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €1.2m. Estimated: probably between €760,000 and €2.2m.

Balance sheet

balance sheet total €489,108 on 31-03-2026

What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

62.4%

Higher than 66% of 12,852 companies in 2025.

4.37

Higher than 69% of 12,642 companies in 2025.

4.6%

Higher than 37% of 12,716 companies in 2025.

IPBuilding Middle half of the sector 80% of the sector Abbreviated accounts in retail trade (NACE 47)

Staff

€62,972

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2026	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Balance sheet: assets
`20/58`	489,108	544,360	612,854	687,959	721,352	764,654	784,153	1.0m	1.2m	1.7m	913,778	799,608	685,372	626,018	109,412
`21/28`	252,712	280,347	329,517	361,271	408,406	424,462	452,774	452,609	420,151	347,500	331,030	304,270	223,432	69,730	7,537
`21`	252,383	279,737	309,716	340,662	388,685	393,716	414,469	405,320	342,769	296,116	262,598	230,240	149,558	5,337	7,113
`22/27`	329	610	481	1,289	401	6,566	14,127	39,703	69,797	43,799	63,332	68,930	68,774	59,293	423
`22`	-	-	-	-	-	1,157	2,412	4,590	6,768	3,161	4,849	14,354	21,913	34,304	-
`23`	329	510	281	-	0	288	1,408	2,580	3,677	3,918	3,623	5,269	4,927	4,254	423
`24`	-	100	200	1,289	400	501	1,065	13,452	25,838	5,427	4,101	5,177	6,518	7,909	-
`28`	-	-	19,320	19,320	19,320	24,179	24,179	7,586	7,586	7,586	5,100	5,100	5,100	5,100	-
`29/58`	236,397	264,013	283,337	326,688	312,946	340,192	331,378	552,755	820,596	1.3m	582,747	495,339	461,940	556,288	101,875
`29`	-	-	-	-	-	-	-	582	-	-	-	-	-	-	-
`290`	-	-	-	-	-	-	-	582	-	-	-	-	-	-	-
`3`	85,912	88,425	99,235	101,320	109,128	119,684	115,800	150,638	117,638	142,922	132,440	105,730	69,485	41,947	24,873
`30/36`	85,912	88,425	99,235	101,320	109,128	119,684	115,800	150,638	117,638	142,922	132,440	105,730	69,485	41,947	24,873
`40/41`	122,350	170,007	178,880	223,481	177,773	205,614	182,124	188,474	474,460	328,236	249,982	119,900	154,384	77,001	64,585
`40`	120,647	168,341	178,798	223,464	177,745	205,410	181,655	188,457	425,082	326,364	244,426	110,750	153,907	76,775	64,585
`41`	1,703	1,667	82	17	28	204	469	17	49,378	1,872	5,556	9,150	476	226	-
`54/58`	27,472	5,581	2,908	1,194	25,354	14,202	32,762	206,058	228,498	863,403	140,124	226,175	236,618	437,340	12,418
`490/1`	663	-	2,314	693	692	692	692	7,003	-	14,365	60,201	43,534	1,453	-	-
Balance sheet: equity and liabilities
`10/49`	489,108	544,360	612,854	687,959	721,352	764,654	784,153	1.0m	1.2m	1.7m	913,778	799,608	685,372	626,018	109,412
`10/15`	304,997	282,277	271,999	261,977	256,541	234,717	126,374	42,060	393,020	432,263	453,200	452,160	451,991	450,486	26,917
`10/11`	468,600	468,600	468,600	468,600	468,600	468,600	111,500	61,500	61,500	61,500	61,500	61,500	61,500	61,500	6,200
`10`	111,500	111,500	111,500	111,500	111,500	-	-	-	-	-	-	-	-	-	-
`100`	111,500	111,500	111,500	111,500	111,500	111,500	111,500	61,500	61,500	61,500	61,500	61,500	61,500	61,500	18,600
`101`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,400
`11`	357,100	357,100	357,100	357,100	357,100	357,100	357,100	357,100	357,100	357,100	357,100	357,100	357,100	357,100	-
`1100/10`	357,100	357,100	357,100	357,100	357,100	357,100	357,100	357,100	357,100	357,100	357,100	357,100	357,100	357,100	-
`13`	6,150	6,150	6,150	6,150	6,150	6,150	6,150	6,150	6,150	6,150	6,150	6,150	6,150	6,150	1,860
`130/1`	6,150	6,150	6,150	6,150	6,150	6,150	-	-	-	-	-	-	-	-	-
`130`	6,150	6,150	6,150	6,150	6,150	6,150	6,150	6,150	6,150	6,150	6,150	6,150	6,150	6,150	1,860
`14`	-169,753	-192,473	-202,751	-212,773	-218,209	-240,033	-348,376	-382,690	-31,730	7,513	28,450	27,410	27,241	25,736	18,857
`17/49`	184,112	262,082	340,855	425,981	464,811	529,936	657,778	963,304	847,727	1.3m	460,578	347,449	233,381	175,533	82,495
`17`	130,000	150,000	154,818	211,832	267,401	255,102	225,192	278,967	50,941	22,112	40,453	38,241	42,138	44,346	-
`170/4`	130,000	150,000	154,818	211,832	267,401	255,102	225,192	278,967	50,941	22,112	40,453	38,241	42,138	44,346	-
`42/48`	54,112	112,082	186,037	214,149	197,410	274,834	432,586	684,337	795,458	1.2m	420,125	309,208	191,243	112,136	82,495
`42`	-	4,818	57,015	56,452	59,262	10,090	12,731	23,486	24,047	18,341	18,977	26,291	26,026	16,296	-
`43`	-	-	-	-	-	125,000	185,000	249,285	1	150,000	150,000	100,000	-	-	-
`430/8`	-	-	-	-	-	125,000	185,000	249,285	1	150,000	150,000	100,000	-	-	-
`44`	21,520	81,126	92,672	123,898	99,770	109,924	53,948	50,374	191,688	282,244	198,799	150,732	129,644	43,253	33,203
`440/4`	21,520	81,126	92,672	123,898	99,770	109,924	53,948	50,374	191,688	282,244	198,799	150,732	129,644	43,253	33,203
`46`	-	-	-	-	-	-	126,616	293,555	490,555	725,000	-	-	-	-	-
`45`	28,499	21,946	32,239	29,182	33,762	25,184	54,292	67,637	89,168	57,025	51,622	31,923	35,386	11,746	9,867
`450/3`	11,140	4,420	12,095	12,420	13,217	6,128	10,948	7,164	26,954	17,349	-	1,416	14,491	8,393	9,867
`454/9`	17,359	17,526	20,144	16,762	20,545	19,056	43,343	60,473	62,214	39,676	51,622	30,507	20,895	3,353	-
`47/48`	4,092	4,192	4,110	4,616	4,616	4,636	-	-	-	697	728	262	187	40,842	39,425
`492/3`	-	-	-	-	-	-	-	-	1,328	8,744	-	-	-	19,051	-
Income statement
`76A`	-	-	9,011	4,000	-	2,479	2,716	3,250	-	-	-	-	-	-	-
`9900`	211,471	242,143	264,024	315,281	390,801	431,610	544,251	398,193	535,401	527,783	447,041	313,215	195,352	71,403	35,391
`62`	113,350	133,469	133,163	159,146	184,338	154,907	292,348	498,762	373,196	296,237	282,065	190,638	119,663	14,671	-
`630`	66,401	83,835	104,552	136,515	167,302	173,233	197,720	205,402	192,677	158,063	140,007	108,239	66,236	32,003	3,768
`631/4`	-	-	-	-	-	-	-	-	-	-	-	-	-	402	-
`640/8`	824	528	1,265	3,312	7,471	2,135	3,677	4,938	5,263	2,776	3,644	1,741	2,614	1,808	-
`66A`	-	-	-	-	-	-	-	36,000	-	80,318	-	-	-	-	-
`9901`	30,896	24,311	25,044	16,308	31,690	101,335	50,505	-346,908	-35,736	-9,610	21,325	12,597	6,840	22,520	31,623
`75/76B`	3,050	411	1,888	-	1,650	22,117	708	409	3,057	18	151	1,057	497	87	11
`75`	3,050	411	1,888	-	1,650	22,117	708	409	3,057	18	151	1,057	497	87	11
`65/66B`	10,816	14,460	16,504	10,457	11,753	14,037	16,103	3,512	5,999	11,212	13,086	12,833	5,810	4,619	117
`65`	10,816	14,460	16,504	10,457	11,753	14,037	16,103	3,512	5,999	11,212	13,086	12,833	5,810	4,619	117
`9903`	23,130	10,262	10,427	5,851	21,588	109,416	35,110	-350,011	-38,679	-20,804	8,389	820	1,528	17,988	31,517
`67/77`	410	-16	405	414	-236	1,073	795	949	565	133	7,349	652	22	6,819	10,800
`9904`	22,719	10,278	10,022	5,436	21,823	108,343	34,315	-350,960	-39,243	-20,937	1,040	168	1,506	11,169	20,717
`9905`	22,719	10,278	10,022	5,436	21,823	108,343	34,315	-350,960	-39,243	-20,937	1,040	168	1,506	11,169	20,717
Appropriation of the result
`9906`	-169,753	-192,473	-202,751	-212,773	-218,209	-240,033	-348,376	-382,690	-31,730	7,513	28,450	27,410	27,241	30,026	20,717
`14P`	-192,473	-202,751	-212,773	-218,209	-240,033	-	-	-	-	-	-	-	-	-	-
`691/2`	-	-	-	-	-	-	-	-	-	-	-	-	-	4,290	1,860
`6920`	-	-	-	-	-	-	-	-	-	-	-	-	-	4,290	1,860
Social balance sheet
`9087`	1.8	1.8	1.8	2.2	3.2	3.6	4.4	8	6.3	4.8	5.7	4	3.1	-	-
Hours worked`1013`	2,491	2,993	24,135	3,759	4,648	7,118	7,847	14,023	11,060	8,412	9,896	7,002	5,246	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The notes to these accounts have 8 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 2026 at the NBB, filed on 30-10-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-03-2026	abbreviated format	30-10-2026	2026-00596071	PDF
31-03-2025	micro format	31-10-2025	2025-00556285	PDF
31-03-2024	abbreviated format	31-10-2024	2024-00522264	PDF
31-03-2023	abbreviated format	11-10-2023	2023-00482360	PDF
31-03-2022	abbreviated format	03-10-2022	2022-20446533	PDF
31-03-2021	abbreviated format	05-08-2021	2021-46200269	PDF
31-03-2020	abbreviated format	07-07-2020	2020-27300492	PDF
31-03-2019	abbreviated format	29-10-2019	2019-71700550	PDF
31-03-2018	abbreviated format	31-10-2018	2018-71200316	PDF
31-03-2017	abbreviated format	30-10-2017	2017-68600517	PDF
31-03-2016	abbreviated format	28-10-2016	2016-67300298	PDF
31-03-2015	abbreviated format	30-10-2015	2015-66000365	PDF
31-03-2014	abbreviated format	31-10-2014	2014-66400530	PDF
31-03-2013	abbreviated format	30-10-2013	2013-64800015	PDF
31-03-2012	abbreviated format	29-10-2012	2012-62200522	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2026	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
97,296	108,146	129,596	152,823	198,993	274,569	248,225	-141,506	156,941	148,453	161,332	120,836	73,076	54,523	35,391
89,120	94,113	114,575	141,952	189,126	281,576	232,035	-145,558	153,434	137,126	141,047	108,408	67,742	43,172	24,485
38,766	53,985	73,788	89,380	156,105	144,920	197,886	237,859	265,328	174,533	166,768	189,077	219,938	94,196	11,305
21,891	2,673	1,714	-24,160	11,151	-18,560	-173,295	-22,440	-634,906	723,279	-86,051	-10,443	-200,721	424,922	-
182,285	151,931	97,300	112,539	115,536	65,358	-101,208	-131,582	25,138	115,618	162,622	186,131	270,697	444,152	19,380
62.4%	51.9%	44.4%	38.1%	35.6%	30.7%	16.1%	4.2%	31.7%	25.5%	49.6%	56.5%	65.9%	72.0%	24.6%
4.37	2.36	1.52	1.53	1.59	1.24	0.77	0.81	1.03	1.09	1.39	1.60	2.42	4.96	1.23
2.78	1.57	0.99	1.05	1.03	0.80	0.50	0.59	0.88	0.98	1.07	1.26	2.05	4.59	0.93
0.60	0.93	1.25	1.63	1.81	2.26	5.21	22.90	2.16	2.92	1.02	0.77	0.52	0.39	3.06
7.4%	3.6%	3.7%	2.1%	8.5%	46.2%	27.2%	-834.4%	-10.0%	-4.8%	0.2%	0.0%	0.3%	2.5%	77.0%
4.6%	1.9%	1.6%	0.8%	3.0%	14.2%	4.4%	-34.9%	-3.2%	-1.2%	0.1%	0.0%	0.2%	1.8%	18.9%
9.00	7.48	7.85	14.61	16.93	-	-	-	-	-	-	-	-	-	-

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.

Social balance sheet

Item	31-03-2026	31-03-2025	31-03-2024	31-03-2023	31-03-2022
Employees at the balance-sheet date	2	2	2	2	3
full-time	1	-	-	1	3
part-time	1	2	2	1	-
in full-time equivalents	1.8	1.7	1.7	1.9	3
	1.8	1.7	1.8	2.2	3.2
On a permanent contract	2	2	-	2	-
Joined	-	-	-	-	5
Left	-	-	-	-	5

Source: social balance sheet in the 2022 to 2026 annual accounts

Investments

fixed assets acquired

Item	31-03-2026	31-03-2025	31-03-2024	31-03-2023	31-03-2022
Tangible fixed assets	-	€359	€307	€1,021	-
Intangible fixed assets	€38,766	€53,626	€73,481	€88,359	€156,105
	€66,401	€83,835	€104,552	€136,515	€167,302

Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)

Insights on IPBuilding

The operating result for 2026 is 27% higher than in 2025 and the highest since 2022. It is a recovery after the fall in 2025.

Debt's share of the balance-sheet total falls from 48.1% to 37.6%. Equity is higher and debt is lower.

Board & ownership

Control

Shareholder in 2013

PENSERO

50%

This company

IPBuilding

Equity €304,997

Profit €22,719 in 2026

Capital

Capital: €111,500
Source: 2026 annual accounts

Owners through the years

as the annual accounts name them

PENSERO

50%

Owners as a list

PENSERO
- 2012 to 2013: 50%

Source: lists of holdings in the owners' accounts

Office holders in the KBO →

Network & group

No group

IPBuilding has no parent and no holdings in its annual accounts.

At the same address

Ninovesteenweg 196, 9320 Aalst · 6 other companies

SERVICE EXTERNE DE PREVENTION ET DE PROTECTION SECUREX-EXTERNE DIENST VOOR PREVENTIE EN BESCHERMING SECUREX establishment since 18-05-2020 · founded in 1965	267 FTE (2025) 0410.664.940
nanoGrid registered office since 06-07-2012 · founded in 2012	24 FTE (2025) 0847.312.618
SYNC SOLUTIONS establishment since 16-04-2019 · founded in 1989	76 FTE (2019) 0438.067.737
IMPULS INTERNATIONAL registered office since 14-09-1994 · founded in 1990	total assets €1.0m (2025) 0441.647.928
JIOLO PUBLISHING registered office since 15-10-1998 · founded in 1998	total assets €662,188 (2026) 0464.231.013
SECUREX Arbeidsongevallen establishment since 01-01-2021	founded in 1905 0400.037.896

Timeline

23 events since 2011

Filings

Financial

Establishments

20122014201620182020202220242026

Deadline for the 2027 accounts: 31-10-2027

2026

30-10-2026

Annual accounts 2026 filed NBBabbreviated format · 1 day before the deadline

2025

31-10-2025

Annual accounts 2025 filed PDFmicro format · on the deadline day

2024

31-10-2024

Annual accounts 2024 filed PDFabbreviated format · on the deadline day

2023

11-10-2023

Annual accounts 2023 filed PDFabbreviated format · 20 days before the deadline

2022

03-10-2022

Annual accounts 2022 filed PDFabbreviated format · 28 days before the deadline

2021

05-08-2021

Annual accounts 2021 filed PDFabbreviated format · 87 days before the deadline

31-03-2021

Highest result from 2012 to 2026 net €108,343 ▲216% The operating result of €101,335 and the net result of €108,343 are both a record.

2020

20-11-2020

Registered in the Peppol Directory Reachable for e-invoices through 0208:0834878208

07-07-2020

Annual accounts 2020 filed PDFabbreviated format · 116 days before the deadline

31-03-2020

Back to profit net €34,315 The net result is €34,315, after 3 loss-making years.

2019

29-10-2019

Annual accounts 2019 filed PDFabbreviated format · 2 days before the deadline

31-03-2019

Weakest financial year net -€350,960 The net result drops to -€350,960, the lowest from 2012 to 2026. It recovers the following year.

2018

31-10-2018

Annual accounts 2018 filed PDFabbreviated format · on the deadline day

2017

30-10-2017

Annual accounts 2017 filed PDFabbreviated format · 1 day before the deadline

2016

28-10-2016

Annual accounts 2016 filed PDFabbreviated format · 3 days before the deadline

2015

30-10-2015

Annual accounts 2015 filed PDFabbreviated format · 1 day before the deadline

2014

31-10-2014

Annual accounts 2014 filed PDFabbreviated format · on the deadline day

2013

30-10-2013

Annual accounts 2013 filed PDFabbreviated format · 1 day before the deadline

31-03-2013

Liquidity quadruples current ratio 4.96 The current ratio rises from 1.23 to 4.96.

31-03-2013

Equity above €200,000 equity €450,486 ▲1,574% With a profit in every financial year since 2012, equity grows to €450,486.

2012

29-10-2012

Annual accounts 2012 filed PDFabbreviated format · 2 days before the deadline

25-09-2012

First establishment Ninovesteenweg 196, Aalst

2011

28-03-2011

Incorporation PDFpublished on 07-04-2011

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

History

On 28 March 2011, IPBuilding was incorporated.¹ Total assets went from €1.0m in 2019 to €489,108 in 2026 and headcount from 8 to 1.8 full-time equivalents.²

Company details

Identity

Enterprise number: 0834.878.208
VAT number: BE 0834.878.208
Peppol ID: 0208:0834878208
Legal form: Public limited company
Status: Active, normal situation
Founded: 28-03-2011
Financial year: ends on 31 March
Peppol: Reachable since 20-11-2020Follow this company and you will hear the next morning if it leaves the Peppol register.
Name: IPBuilding in Dutch
Entity type: Legal entity

Activities

NACEBEL 2025

VAT activities

47400 Retail sale of information and communication equipment main activity

26110 Manufacture of computer, electronic and optical products

26120 Manufacture of computer, electronic and optical products

26300 Manufacture of computer, electronic and optical products

46500 Wholesale of information and communication equipment

46643 Wholesale of electrical equipment, including installation materials

Social security (RSZ) activities

71121 Engineering and related technical consultancy, excluding land surveyors main activity

Codes under NACEBEL 2008

VAT activities

47420 Retail trade main activity

26110 Manufacture of computer, electronic and optical products

26120 Manufacture of computer, electronic and optical products

26300 Manufacture of computer, electronic and optical products

46520 Wholesale trade

46693 Wholesale trade

Social security (RSZ) activities

71121 Engineering activities main activity

Registered office and establishments

1 establishment

Establishment	Since	Unit number
Ninovesteenweg 196 registered office 9320 Aalst	25-09-2012	2.212.619.686

Buildings and parcels at the address

Ground area: 1,485 m²
Buildings: 473 m²
Volume, LiDAR: 5,143 m³
Tallest building: 14.0 m

Buildings to scale, each on its own parcel

registered office establishment The establishment unit on the map

7 companies at this address See who is registered here

Parcels

Cadastral parcel	Area	Buildings	Height / floors
41342B0950/00H002	1,485 m²	1 · 473 m²	14.0 m · 4

Overview

Lifetime

Key points

Equity

Turnover

Staff

Liquidity

Filings

At the same address

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Recent changes

Comparable companies

Official details

Annual accounts to 31-03-2026

Insights on IPBuilding

Financials

Annual accounts 2026

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency62.4%

Current ratio4.37

Return on assets4.6%

Staff

Staff cost per FTE€62,972

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Investments

Insights on IPBuilding

Board & ownership

Control

Capital

Owners through the years

Network & group

No group

At the same address

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the address

Location

Parcels

in euro

in euro

62.4%

4.37

4.6%

€62,972