IPC SERVICES
ActiveSummary
IPC SERVICES has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.6m and a net result of €712,468. Equity is growing by about 38% per year across the filed financial years. Its solvency ranks better than 66% of 9,806 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Overview
- Staff
- 9 FTE
- Equity
- €1.6m
- Profit
- €712,468
- Parent
- Staal Straal Weelde · 100%
- WP CONSULTINGDirector · permanent representative Wouter Pauwels
Why 67raises risk1 of the last 3 lateFounded in 2019lowers riskFigures for financial year 2025 (filed 09-07-2026)Equity €1.6m (57.6% of total assets)Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro): better than 63% on solvency, 23% on liquidity, 92% on profitability and 89% on growth.
The bankruptcy probability was computed on 26-10-2026 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
This company filed its last 6 accounts on average 43 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Resignation: DC ADVISORY BV (director)Permanent representatives: Dominique Charlier, Wouter…
- Back to profitnet €712,468
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2020 to 2025, 6 financial years
The operating result returns to profit in 2025: €968,259 after a loss of €73,769 in 2024, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 26,974 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.8% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 26,974 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.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | €4.2m | - | - | - | - |
| Turnover70 | - | - | €4.5m | - | - | - | - |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | - | -€0.4m | - | - | - | - |
| Other operating income74 | - | - | €0.04m | - | - | - | - |
| Operating charges60/66A | - | - | €3.9m | - | - | - | - |
| Goods for resale, raw materials and consumables60 | - | - | €2.4m | - | - | - | - |
| Purchases600/8 | - | - | €2.4m | - | - | - | - |
| Change in stocks: decrease (increase)609 | - | - | €0.02m | - | - | - | - |
| Services and other goods61 | - | - | €1.1m | - | - | - | - |
| Remuneration, social security and pensions62 | - | €0.3m | €0.4m | €0.5m | €0.5m | €0.7m | ▲ 28.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.01m | €0.02m | €0.03m | €0.05m | €0.04m | €0.05m | ▲ 8.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €0.03m | €0.03m | -€0.009m | €0.04m | €0.04m | ▲ 13.8% |
| Other operating charges640/8 | - | €0.001m | €0.004m | €0.01m | €0.004m | €0.02m | ▲ 476% |
| Non-recurring operating charges66A | - | - | - | - | €0.04m | €0.006m | ▼ 86.3% |
| Gross operating margin9900 | €0.4m | €0.8m | - | €1.0m | €0.6m | €1.7m | ▲ 208% |
| Operating profit (loss)9901 | €0.08m | €0.5m | €0.3m | €0.4m | -€0.07m | €1.0m | - |
| Financial income75/76B | - | €87 | €335 | €0.01m | €0.05m | €0.002m | ▼ 95.6% |
| Recurring financial income75 | €54 | €87 | €335 | €0.01m | €0.003m | €0.002m | ▼ 20.7% |
| Other financial income752/9 | - | - | €335 | - | - | - | - |
| Non-recurring financial income76B | - | - | - | - | €0.04m | - | - |
| Financial charges65/66B | - | €0.01m | €0.009m | €0.02m | €0.007m | €0.004m | ▼ 37.8% |
| Recurring financial charges65 | €0.005m | €0.01m | €0.009m | €0.02m | €0.007m | €0.004m | ▼ 37.8% |
| Debt charges650 | - | - | €0.008m | - | - | - | - |
| Other financial charges652/9 | - | - | €0.002m | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €0.08m | €0.5m | €0.3m | €0.4m | -€0.03m | €1.0m | - |
| Income taxes67/77 | €0.03m | €0.1m | €0.08m | €0.1m | €0.005m | €0.3m | ▲ 50× |
| Taxes670/3 | - | - | €0.08m | - | - | - | - |
| Profit (loss) for the period9904 | €0.05m | €0.3m | €0.2m | €0.3m | -€0.04m | €0.7m | - |
| Profit (loss) for the period to be appropriated9905 | €0.05m | €0.3m | €0.2m | €0.3m | -€0.04m | €0.7m | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €0.9m | €2.5m | €2.0m | €1.9m | €2.3m | €2.8m | ▲ 18.8% |
| Fixed assets21/28 | €0.07m | €0.07m | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 1.8% |
| Tangible fixed assets22/27 | €0.07m | €0.07m | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 1.8% |
| Plant, machinery and equipment23 | - | €0.03m | €0.05m | €0.02m | €0.02m | €0.04m | ▲ 190% |
| Furniture and vehicles24 | - | €0.002m | €0.001m | €100 | €0.06m | €0.04m | ▼ 31.5% |
| Leasing and similar rights25 | - | €0.03m | €0.07m | €0.07m | €0.02m | €0.01m | ▼ 27.0% |
| Other tangible fixed assets26 | - | €0.02m | €0.03m | €0.02m | €0.02m | €0.02m | ▼ 14.5% |
| Current assets29/58 | €0.8m | €2.5m | €1.8m | €1.8m | €2.2m | €2.7m | ▲ 19.7% |
| Stocks and contracts in progress3 | €0.07m | €0.6m | €0.2m | €0.5m | €0.2m | €0.6m | ▲ 136% |
| Stocks30/36 | - | €0.06m | €0.04m | €0.07m | €0.04m | €0.08m | ▲ 81.6% |
| Goods purchased for resale34 | - | - | €0.04m | - | - | - | - |
| Contracts in progress37 | - | €0.5m | €0.2m | €0.5m | €0.2m | €0.5m | ▲ 147% |
| Amounts receivable within one year40/41 | €0.6m | €1.7m | €1.5m | €1.1m | €1.9m | €2.0m | ▲ 5.2% |
| Trade receivables40 | - | €1.2m | €1.1m | €1.0m | €1.8m | €1.3m | ▼ 27.5% |
| Other amounts receivable41 | - | €0.6m | €0.4m | €0.1m | €0.1m | €0.7m | ▲ 547% |
| Cash at bank and in hand54/58 | €0.02m | €0.2m | €0.1m | €0.2m | €0.04m | €0.07m | ▲ 64.9% |
| Deferred charges and accrued income490/1 | - | €0.001m | - | €0.02m | €0.01m | €0.002m | ▼ 82.9% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €0.9m | €2.5m | €2.0m | €1.9m | €2.3m | €2.8m | ▲ 18.8% |
| Equity10/15 | €0.07m | €0.4m | €0.6m | €0.9m | €0.9m | €1.6m | ▲ 79.9% |
| Contributions10/11 | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Profit (loss) carried forward14 | €0.05m | €0.4m | €0.6m | €0.9m | €0.9m | €1.6m | ▲ 81.8% |
| Amounts payable17/49 | €0.8m | €2.1m | €1.3m | €1.0m | €1.5m | €1.2m | ▼ 18.7% |
| Amounts payable after more than one year17 | €0.3m | €0.02m | €0.04m | €0.04m | €0.08m | €0.07m | ▼ 5.6% |
| Financial debts170/4 | - | €0.02m | €0.04m | €0.04m | €0.08m | €0.07m | ▼ 5.6% |
| Leasing and similar obligations172 | - | - | €0.04m | - | - | - | - |
| Amounts payable within one year42/48 | €0.5m | €2.1m | €1.3m | €1.0m | €1.4m | €1.1m | ▼ 19.7% |
| Current portion of amounts payable after more than one year42 | - | €0.1m | €0.04m | €0.1m | €0.004m | €0.004m | ▲ 4.2% |
| Financial debts43 | - | €0.3m | €0.3m | - | - | - | - |
| Credit institutions430/8 | - | €0.3m | €0.3m | - | - | - | - |
| Trade debts44 | €0.4m | €1.2m | €0.8m | €0.6m | €1.2m | €0.8m | ▼ 35.2% |
| Suppliers440/4 | - | €1.2m | €0.8m | €0.6m | €1.2m | €0.8m | ▼ 35.2% |
| Advances received on contracts in progress46 | - | €0.001m | €0.01m | €0.02m | - | - | - |
| Taxes, remuneration and social security45 | - | €0.03m | €0.09m | €0.03m | €0.04m | €0.3m | ▲ 596% |
| Taxes450/3 | - | - | €0.04m | - | €0.006m | €0.3m | ▲ 45× |
| Remuneration and social security454/9 | - | €0.03m | €0.05m | €0.03m | €0.04m | €0.04m | ▲ 15.5% |
| Other amounts payable47/48 | - | €0.4m | €0.03m | €0.2m | €0.1m | - | - |
| Accrued charges and deferred income492/3 | - | €0.003m | - | - | €0.02m | €0.02m | ▲ 0.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €47,389 | €345,268 | €212,102 | €306,401 | -€39,690 | €712,468 | - |
| + Depreciation and write-downs630 | €12,968 | €15,823 | €34,170 | €46,434 | €44,753 | €48,476 | ▲ 8.3% |
| Operating cash flow (approximation) | €60,357 | €361,091 | €246,271 | €352,835 | €5,063 | €760,944 | ▲ 150× |
| Investment in fixed assets (approximation) | - | -€21,851 | -€97,044 | -€21,366 | -€46,103 | -€50,484 | ▼ 9.5% |
| Change in cash | - | €131,740 | -€35,362 | €43,219 | -€115,847 | €28,608 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 09-07-2026 | 2026-00292756 |
| 31-12-2024 | abbreviated format | 11-07-2025 | 2025-00258505 |
| 31-12-2023 | abbreviated format | 10-03-2025 | 2025-00045487 |
| 31-12-2022 | full format | 26-07-2023 | 2023-00287526 |
| 31-12-2021 | abbreviated format | 31-08-2022 | 2022-20389901 |
| 31-12-2020 | abbreviated format | 22-09-2021 | 2021-68600190 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 1
Permanent representatives 1
Statutory auditor 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| WP CONSULTING |
|
| BV Baker Tilly Bedrijfsrevisoren |
|
| DC Advisory |
|
| KDV SERVICES |
|
| SPECIALTY PAINTS & COATINGS BV |
|
| REI Group |
|
Owners and capital
Owners
1 ownerChain of control
Highest known parent: MC Shine. The sources do not say who stands above it.
Owners 1
-
100%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Group and network
Connections & network
9 connected companiesShow 5 more companies with a shared director
History
Acts, filings and financial milestones
23-03
Gazette deed
Resignation: DC ADVISORY BV (director)Permanent representatives: Dominique Charlier, Wouter Pauwels and Krista De Vos · Appointment: WP CONSULTING BV (director) · Director discharge9 facts ▸
- General meeting, 26-02-2026
- Director resignation, DC ADVISORY BV (director)
- Permanent representative, Dominique Charlier
- Director discharge, DC ADVISORY BV (2 times)
- Director appointment, WP CONSULTING BV (director)
- Permanent representative, Wouter Pauwels
- Board composition, WP CONSULTING BV (director)
- Board composition, KDV SERVICES BV (director)
- Permanent representative, Krista De Vos
07-05
Gazette deed
Appointment: Baker Tilly Bedrijfsrevisoren BV (statutory auditor)Permanent representatives: De Vos Krista and Charlier Dominique6 facts ▸
- General meeting, 03-03-2025
- Auditor appointment, Baker Tilly Bedrijfsrevisoren BV (statutory auditor)
- Permanent representative, De Vos Krista
- Permanent representative, Charlier Dominique
- Board composition, KDV SERVICES BV (bestuurders)
- Board composition, DC Advisory BV (bestuurders)
16-04
Gazette deed
Resignations: Specialty Paint Coatings (director) and KDV Services (director)Appointments: DC Advisory (director) and KDV Services (director) · Permanent representatives: CHARLIER Dominique Herman Michel Christophe Ghislain and DE VOS Krista Anna Gaston · Amendment of the articles14 facts ▸
- General meeting, 05-04-2024
- Amendment of the articles, 15
- General meeting, 14-06-2024
- Amendment of the articles
- Director resignation, Specialty Paint Coatings (director)
- Director resignation, KDV Services (director)
- Director appointment, DC Advisory (director)
- Director appointment, KDV Services (director)
- Permanent representative, CHARLIER Dominique Herman Michel Christophe Ghislain (vaste vertegenwoordiger)
- Permanent representative, DE VOS Krista Anna Gaston (vaste vertegenwoordiger)
- Power of attorney
- Board meeting, “eenparige-schriftelijke-besluitvorming-art-5:75-WVV, dagelijks-bestuur” (deed in Dutch)
- +2 further facts in this act
17-05
Gazette deed
Capital & shares1 fact ▸
- Other provision, “neerlegging bijzondere verklaring bestuurders over vereniging van alle aandelen in één hand, artikel 2:8 §4 van het Wetboek van vennootschappen en verenigingen” (deed in Dutch)
17-05
Gazette deed
Resignation: IPC HOLDING BV (director)Permanent representatives: Tomas Mannaert and Yves De Mild · Appointment: SPECIALTY PAINTS & COATINGS BV (director)5 facts ▸
- General meeting, 26-04-2023
- Director resignation, IPC HOLDING BV (director)
- Permanent representative, Tomas Mannaert
- Director appointment, SPECIALTY PAINTS & COATINGS BV (director)
- Permanent representative, Yves De Mild
Show earlier events
About the unread acts
Of the 9 Belgian Official Gazette deeds we know for this company, 5 have been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0738.887.701
Recognitions · licences · registrations
Recognised contractor
3 categories- D13 Paintingclass 2, up to €330,000
- D29 Floor screeds and industrial floor coveringsclass 2, up to €330,000
- F3 Industrial paintingclass 2, up to €330,000
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 42021A1027/00R000 | Flanders | 4,696 m² | 1 · 1,151 m² | 8.0 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het behandelen van alle soorten metalen,het zandstralen,metalliseren,wapperen,chemisch voorbehandelen van alle…” (deed in Dutch)
22 activities (deed in Dutch)
- Het behandelen van alle soorten metalen,het zandstralen,metalliseren,wapperen,chemisch voorbehandelen van alle aard,natlakken,poederlakken,KTL’en,poetsen van verzinkte metalen,alsook het bewerken van deze metalen.Het laden,lossen,uitpakken,verpakken,manipuleren,transporteren en assembleren van allerlei goederen.
- De installatie van geluid-en warmte-isolatie,lichte scheidingswanden,valse plafonds en blinde vloeren,al dan niet geprefabriceerd.
- Het uitvoeren van timmerwerk,het plaatsen van houten spanten en trappen.
- Het uitvoeren van smeedwerk.
- Het uitvoeren van tegelwerken en vloerwerken,pleister-en raapwerk,verfwerken,glaswerken,parketwerken,metalen schrijnwerk.
- Het reinigen en opknappen van gevels.
- Het uitvoeren van metalen dakbedekkingen en zinkwerk.
- De restauratie van monumenten.
- Het uitvoeren van muur-en vloerbekledingen.
- Het uitvoeren van metsel-en betonwerken,schrijn–en timmerwerken in hout,PVC,aluminium en andere ijzers,dakwerken,dakbedekkingen en waterdichtmaken van daken,plaatsen van dakgoten en regenafvoerbuizen,tegelzetten,faiencen en mozaïeken,plaatsen sierschouwen,waterdicht maken van bouwwerken,aannemer van,invoegen en reiniging van gevels,onderneming voor het reinigen en ontsmetten van woongelegenheden en lokalen,het droogmaken van gebouwen,plaatsen van afsluitingen,het leggen van chapes,kasseien,dallen en klinkerwerken;Het plaatsen van tussenwanden van gipsplaten.
- Het uitvoeren van vloerdeklagen en bekleding van industriële vloeren.
- De montage-en demontagewerken.
- Het bouwen van metalen draagstructuren.
- Het uitvoeren van industrieel schilderwerk.
- Het uitvoeren van algemeen schrijnwerk.
- Het uitvoeren van speciale bekledingen voor sportvelden.
- Het uitvoeren van elektrische installaties in gebouwen,inbegrepen het installeren van stroomaggregaten,alarmtoestellen tegen brand-en diefstal,telecommunicatie in en om gebouwen en voorzieningen voor gemengde telefonie.
- Het uitvoeren van elektrische en elektromechanische installaties van kunstwerken en nijverheidsinrichtingen,en elektrische buiteninstallaties.
- Het uitvoeren van alle brandbeveiligingswerken en brandwerende en brandvertragende werken;
- Het uitvoeren van brandwerende schilderwerken;
- Het uitvoeren van alle compartimenteringswerken in de meest ruime zin.
- Het verlenen van diensten en adviezen aan personen en bedrijven,in het algemeen met betrekking tot het bedrijfsbeheer,bedrijfseconomische en bedrijfstechnische aangelegenheden,juridische en commerciële aangelegenheden,marketing,en al wat daarmede rechtstreeks of onrechtstreeks verband houdt.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- IPC SERVICES
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Overeenkomstig artikel 12 van de statuten van de Vennootschap wordt de Vennootschap rechtsgeldig tegenover derden en in rechte…”deed of 23-03-2026
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, 1” (deed in Dutch)1 more provision on this in the deeddeed of 16-04-2024
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “TITEL V. ALGEMENE VERGADERING Artikel 16. Datum algemene vergadering - Organisatie en bijeenroeping Ieder jaar wordt een gewone algemene…” (deed in Dutch)