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IPC INFORMATIQUE

Active
Private limited companyfounded 2013active for 13 yearsWaterlose Steenweg 28, 1060 Sint-Gillis (bij-Brussel), BelgiumKBO/BCE: BE 0541.334.135

From the official registers: KBO 11 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

IPC INFORMATIQUE has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18,436 and a net result of -€1,059. Equity has been growing by about 7.8% per year since 2018. Its solvency ranks better than 74% of 22,726 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Financials · financial year 2025, micro format

2025 annual accounts filed 13 days after the deadline Filed on 13 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00402511.

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
13-08-2026
Format
micro format
Reference
2026-00402511
Turnover
≈ €33,000
Estimated: probably between €19,000 and €59,000
Total assets
€29,927▼ 7.7%
2024 · €32,421
Net result
-€1,059
2024 · €367
Working capital
€9,450▲ 21.7%
2024 · €7,766
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is a loss of €486, after a profit of €581 in 2024. It is the lowest result since 2021.

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Operating result-€486 2025 Net result-€1,059 2025

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€4,565-€12▼ 99.7%€6,471▲ 530×€126▼ 98.1%€639▲ 408%€905▲ 41.6%€581▼ 35.8%-€486
Net result€2,292--€211€5,542within the sector's middle half€3,485within the sector's middle half▼ 37.1%€534within the sector's middle half▼ 84.7%€533within the sector's middle half▼ 0.2%€367within the sector's middle half▼ 31.1%-€1,059within the sector's middle half
Equity€9,244-€9,033▼ 2.3%€14,576within the sector's middle half▲ 61.4%€18,061within the sector's middle half▲ 23.9%€18,595within the sector's middle half▲ 3.0%€19,128within the sector's middle half▲ 2.9%€19,496within the sector's middle half▲ 1.9%€18,436within the sector's middle half▼ 5.4%
Total assets€12,052-€12,223▲ 1.4%€17,757below the sector's middle half▲ 45.3%€18,706below the sector's middle half▲ 5.3%€20,404below the sector's middle half▲ 9.1%€22,973below the sector's middle half▲ 12.6%€32,421below the sector's middle half▲ 41.1%€29,927below the sector's middle half▼ 7.7%
Debt€2,808-€3,190▲ 13.6%€3,182▼ 0.3%€645▼ 79.7%€1,809▲ 181%€3,845▲ 113%€12,925▲ 236%€11,491▼ 11.1%
Working capital€9,570-€9,533▼ 0.4%€16,576within the sector's middle half▲ 73.9%€18,061within the sector's middle half▲ 9.0%€18,595within the sector's middle half▲ 3.0%€19,128within the sector's middle half▲ 2.9%€7,766within the sector's middle half▼ 59.4%€9,450within the sector's middle half▲ 21.7%
Solvency76.7%-73.9%▼ 2.8pp82.1%above the sector's middle half▲ 8.2pp96.6%above the sector's middle half▲ 14.5pp91.1%above the sector's middle half▼ 5.4pp83.3%above the sector's middle half▼ 7.9pp60.1%within the sector's middle half▼ 23.1pp61.6%within the sector's middle half▲ 1.5pp
Current ratio5.15-4.54▼ 0.6015.03above the sector's middle half▲ 10.4829.02above the sector's middle half▲ 13.9911.28above the sector's middle half▼ 17.745.98above the sector's middle half▼ 5.301.60within the sector's middle half▼ 4.371.82within the sector's middle half▲ 0.22
Return on assets (ROA)19.0%--1.7%▼ 20.7pp31.2%above the sector's middle half▲ 32.9pp18.6%above the sector's middle half▼ 12.6pp2.6%within the sector's middle half▼ 16.0pp2.3%within the sector's middle half▼ 0.3pp1.1%within the sector's middle half▼ 1.2pp-3.5%below the sector's middle half▼ 4.7pp
above within below The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €29,927
Fixed assets €8,987 ▼ 23.4%
Current assets €20,940 ▲ 1.2%
Equity and liabilities €29,927
Equity €18,436 ▼ 5.4%
Debt €11,491 ▼ 11.1%
Debt's share of the balance-sheet total falls from 39.9% to 38.4%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€2,256▼
2024 · €2,565
Cash flow
€1,683▼
2024 · €2,351
Quick ratio
1.65▲
2024 · 1.51
Debt to equity
0.62▼
2024 · 0.66
ROE
-5.7%▼
2024 · 1.9%
Interest coverage
11.11▼
2024 · 19.97
Debt ≤ 1 year
€11,491▼
2024 · €12,925
Income taxes
€370▲
2024 · €103
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Companies with the same profile, two years later

Historical observation

In July 2024, 6,908 companies had the same profile as IPC INFORMATIQUE has now. Two years later, 1.1% had gone bankrupt and 90.9% were still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss
1.1% went bankrupt
7.8% stopped otherwise
90.9% was still going

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of IPC INFORMATIQUE itself: 0.6% within 12 months.

Test of the method

The method was tested on the 497,445 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 6,908 companies, not a prediction for IPC INFORMATIQUE. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines

Source: Annual accounts 2025 at the NBB, filed on 13-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€32,421€29,927▼
Fixed assets21/28€11,729€8,987▼
Tangible fixed assets22/27€11,729€8,987▼
Furniture and vehicles24€11,729€8,987▼
Current assets29/58€20,691€20,940▲
Stocks and contracts in progress3€1,125€1,951▲
Stocks30/36€1,125€1,951▲
Amounts receivable within one year40/41€13,220€16,002▲
Trade receivables40€10,034€13,308▲
Other amounts receivable41€3,187€2,694▼
Cash at bank and in hand54/58€6,345€2,988▼
Equity and liabilities
Total equity and liabilities10/49€32,421€29,927▼
Equity10/15€19,496€18,436▼
Contributions10/11€6,200€6,200=
Reserves13€434€434=
Non-distributable reserves130/1€434€434=
Reserves not available under the articles1311€434€434=
Profit (loss) carried forward14€12,862€11,803▼
Amounts payable17/49€12,925€11,491▼
Amounts payable within one year42/48€12,925€11,491▼
Trade debts44€6,521€10,852▲
Suppliers440/4€6,521€10,852▲
Taxes, remuneration and social security45€265€197▼
Taxes450/3€265€197▼
Other amounts payable47/48€6,139€442▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,984€2,743▲
Other operating charges640/8€4,691€2,591▼
Gross operating margin9900€7,256€4,847▼
Operating profit (loss)9901€581-€486▼
Financial income75/76B€17-
Recurring financial income75€17-
Financial charges65/66B€128€203▲
Recurring financial charges65€128€203▲
Profit (loss) for the period before taxes9903€470-€689▼
Income taxes67/77€103€370▲
Profit (loss) for the period9904€367-€1,059▼
Profit (loss) for the period to be appropriated9905€367-€1,059▼
Appropriation of the result
Profit (loss) to be appropriated9906€12,862€11,803▼
Profit (loss) brought forward from the previous period14P€12,495€12,862▲

The notes to these accounts have 4 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.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630------€1,984€2,743▲ 38.3%
Other operating charges640/8---€348€1,008€712€4,691€2,591▼ 44.8%
Gross operating margin9900€4,978€1,252€7,218€473€1,646€1,617€7,256€4,847▼ 33.2%
Operating profit (loss)9901€4,565€12€6,471€126€639€905€581-€486-
Financial income75/76B---€5,000--€17--
Recurring financial income75---€5,000--€17--
Financial charges65/66B---€1,640€105€96€128€203▲ 58.1%
Recurring financial charges65€103€223€523€1,640€105€96€128€203▲ 58.1%
Profit (loss) for the period before taxes9903€4,462-€211€5,949€3,485€534€809€470-€689-
Income taxes67/77€2,171-€406--€276€103€370▲ 260%
Profit (loss) for the period9904€2,292-€211€5,542€3,485€534€533€367-€1,059-
Profit (loss) for the period to be appropriated9905€2,292-€211€5,542€3,485€534€533€367-€1,059-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€12,052€12,223€17,757€18,706€20,404€22,973€32,421€29,927▼ 7.7%
Fixed assets21/28€174-----€11,729€8,987▼ 23.4%
Tangible fixed assets22/27------€11,729€8,987▼ 23.4%
Furniture and vehicles24------€11,729€8,987▼ 23.4%
Financial fixed assets28€174--------
Current assets29/58€11,878€12,223€17,757€18,706€20,404€22,973€20,691€20,940▲ 1.2%
Stocks and contracts in progress3€533€2,623€2,349€1,285€963€1,240€1,125€1,951▲ 73.3%
Stocks30/36---€1,285€963€1,240€1,125€1,951▲ 73.3%
Amounts receivable within one year40/41€7,526€4,730€5,610€5,161€4,180€9,955€13,220€16,002▲ 21.0%
Trade receivables40---€2,922€1,672€6,952€10,034€13,308▲ 32.6%
Other amounts receivable41---€2,240€2,509€3,003€3,187€2,694▼ 15.4%
Cash at bank and in hand54/58€3,770€4,869€9,798€12,260€15,261€11,778€6,345€2,988▼ 52.9%
Equity and liabilities
Total equity and liabilities10/49€12,052€12,223€17,757€18,706€20,404€22,973€32,421€29,927▼ 7.7%
Equity10/15€9,244€9,033€14,576€18,061€18,595€19,128€19,496€18,436▼ 5.4%
Contributions10/11€6,200€6,200-€6,200€6,200€6,200€6,200€6,200=
Reserves13€434€434€434€434€434€434€434€434=
Non-distributable reserves130/1---€434€434€434€434€434=
Reserves not available under the articles1311---€434€434€434€434€434=
Profit (loss) carried forward14€2,610€2,400€7,942€11,428€11,962€12,495€12,862€11,803▼ 8.2%
Amounts payable17/49€2,808€3,190€3,182€645€1,809€3,845€12,925€11,491▼ 11.1%
Amounts payable within one year42/48€2,308€2,690€1,182€645€1,809€3,845€12,925€11,491▼ 11.1%
Trade debts44€1,388€533€690€645€1,809€2,963€6,521€10,852▲ 66.4%
Suppliers440/4---€645€1,809€2,963€6,521€10,852▲ 66.4%
Taxes, remuneration and social security45-----€422€265€197▼ 25.5%
Taxes450/3-----€422€265€197▼ 25.5%
Other amounts payable47/48-----€459€6,139€442▼ 92.8%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€2,292-€211€5,542€3,485€534€533€367-€1,059-
+ Depreciation and write-downs630------€1,984€2,743▲ 38.3%
Operating cash flow (approximation)€2,292-€211€5,542€3,485€534€533€2,351€1,683▼ 28.4%
Investment in fixed assets (approximation)-------€0-
Change in cash-€1,099€4,929€2,462€3,001-€3,482-€5,433-€3,358▲ 38.2%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 11 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 13-08-2026 2026-00402511 NBB
31-12-2024 micro format 31-07-2025 2025-00362884 PDF
31-12-2023 micro format 30-09-2024 2024-00498506 PDF
31-12-2022 micro format 31-08-2023 2023-00407441 PDF
31-12-2021 micro format 31-08-2022 2022-20416890 PDF
31-12-2020 micro format 31-10-2021 2021-76800306 PDF
31-12-2019 micro format 29-11-2020 2020-74400167 PDF
31-12-2018 micro format 31-10-2019 2019-72800335 PDF
31-12-2017 full format 31-08-2018 2018-62200115 PDF
31-12-2016 full format 06-01-2018 2018-00700598 PDF

Show all 11 filings

Comparable companies

These companies have the same main activity as IPC INFORMATIQUE: retail sale of information and communication equipment (NACE 47400). They are comparable in size and age: total assets between €22,900 and €55,400, founded between 2012 and 2014.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
IPC INFORMATIQUE Sint-Gillis (bij-Brussel)2013€29,927€18,436€4,847-€1,0592025
KEARY Sint-Joost-ten-Node2014€38,162€13,602€3,077€8192025
IC computer services Schaarbeek2013€48,748€19,854€5,477€3,7032025
SPACE DOG SOFTWARE Courcelles2013€22,882€16,249€5,361€4,2922025
DCONCEPT Hastière2012€38,446€30,515€3,011€6632025
INFOTECH CENTER Elsene2014€40,092-€88,943€8,472-€34,1722025
HALL-MEDIA Ukkel2014€55,405€21,002€4,026€2,3272026

They were chosen from the 1,820 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

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