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IPC SERVICES

Active
Private limited companyfounded 2019active for 6 yearsVriesenrot (STG) 3, 9200 Dendermonde, BelgiumKBO/BCE: BE 0738.887.701
Summary

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

Activity
Specialised construction activities
NACE 43342Painting of buildings NACE 43341
1 site
Size
€2.8mtotal assets 2025
Staff
9 FTE
Equity
€1.6m
Profit
€712,468
Financial health
67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.2%
Structure
Parent
Staal Straal Weelde · 100%
Auditor: BV Baker Tilly Bedrijfsrevisoren2025 accounts 22 days early5 of 9 deeds summarised
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

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 67% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency 83+20
equity 57.6% of total assets
Liquidity 35+13
short-term debt 39.2% · cash 2.6%
Profitability 100+83
return on assets 25.6%
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,640 companies, NACE 43, micro)
Last 24 months 11-2024: 4.3% 12-2024: 4.7%▲ +0.4 percentage points vs 11-2024 01-2025: 6.3%▲ +1.6 percentage points vs 12-2024highest value 02-2025: 6.3%● unchanged vs 01-2025highest value 03-2025: 6.3%● unchanged vs 02-2025highest value 04-2025: 3.1%▼ -3.2 percentage points vs 03-2025 05-2025: 3.1%● unchanged vs 04-2025 06-2025: 3.3%▲ +0.2 percentage points vs 05-2025 07-2025: 3.5%▲ +0.2 percentage points vs 06-2025 08-2025: 2.6%▼ -0.9 percentage points vs 07-2025 09-2025: 2.6%● unchanged vs 08-2025 10-2025: 2.6%● unchanged vs 09-2025 11-2025: 2.6%● unchanged vs 10-2025 12-2025: 2.6%● unchanged vs 11-2025 01-2026: 2.5%▼ -0.1 percentage points vs 12-2025 02-2026: 2.5%● unchanged vs 01-2026 03-2026: 2.2%▼ -0.3 percentage points vs 02-2026 04-2026: 2.3%▲ +0.1 percentage points vs 03-2026 05-2026: 2.3%● unchanged vs 04-2026 06-2026: 2.4%▲ +0.1 percentage points vs 05-2026 07-2026: 2.6%▲ +0.2 percentage points vs 06-2026 08-2026: 1.2%▼ -1.4 percentage points vs 07-2026lowest value 09-2026: 1.2%● unchanged vs 08-2026lowest value 10-2026: 1.2%● unchanged vs 09-2026
Credit of up to €100,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.45, compared with 1.64 in 2024, above the usual 1.5; short-term debt: 39.2% and cash: 2.6% of total assets), and 42.4% of the assets are financed with debt and provisions.
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

Five signals.
lowers riskraises riskneutral
raises risk · 1 of the last 3 late
NBB · filings
raises risk · Founded in 2019
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Figures for financial year 2025 (filed 09-07-2026)
NBB · annual accounts
lowers risk · Equity €1.6m (57.6% of total assets)
NBB · annual accounts
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 09-07-2026, 22 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
22 days early
2024
20 days early
2023
222 days late
2022
5 days early
2021
31 days late
2020
53 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

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)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 July (4 of the last 5 filed years within 36 days of that day).
Companies Code · seven months
Where today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Resignation: DC ADVISORY BV (director)Permanent representatives: Dominique Charlier, Wouter…
  3. Back to profitnet €712,468

Financials · financial year 2025, abbreviated format

Turnover
€4.5m
EBIT margin
6.7%
Net result
€712,468
2024 · -€39,690
Working capital
€1.6m▲ 81.1%
2024 · €870,498
Trend over the years

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.

Operating result€1.0m 2025 Net result€0.7m 2025

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).

Every figure with its change against the financial year before
favourable unfavourable
Line202020212022202320242025
Turnover€4.5m
Operating result€0.08m-€0.5m▲ 490%€0.3m▼ 36.4%€0.4m▲ 42.6%-€0.07m€1.0m
Net result€0.05mwithin the sector's middle half-€0.3mabove the sector's middle half▲ 629%€0.2mabove the sector's middle half▼ 38.6%€0.3mabove the sector's middle half▲ 44.5%-€0.04mbelow the sector's middle half€0.7mabove the sector's middle half
EBIT margin6.7%
Equity€0.07mbelow the sector's middle half-€0.4mwithin the sector's middle half▲ 512%€0.6mwithin the sector's middle half▲ 51.4%€0.9mabove the sector's middle half▲ 49.0%€0.9mabove the sector's middle half▼ 4.3%€1.6mabove the sector's middle half▲ 79.9%
Total assets€0.9mwithin the sector's middle half-€2.5mabove the sector's middle half▲ 197%€2.0mabove the sector's middle half▼ 22.8%€1.9mabove the sector's middle half▼ 1.1%€2.3mabove the sector's middle half▲ 20.7%€2.8mabove the sector's middle half▲ 18.8%
Debt€0.8m-€2.1m▲ 170%€1.3m▼ 37.2%€1.0m▼ 24.6%€1.5m▲ 43.7%€1.2m▼ 18.7%
Working capital€0.3mwithin the sector's middle half-€0.4mwithin the sector's middle half▲ 23.3%€0.5mabove the sector's middle half▲ 48.1%€0.9mabove the sector's middle half▲ 62.0%€0.9mabove the sector's middle half▲ 1.1%€1.6mabove the sector's middle half▲ 81.1%
Solvency7.9%below the sector's middle half-16.2%below the sector's middle half▲ 8.4pp31.8%within the sector's middle half▲ 15.6pp48.0%within the sector's middle half▲ 16.2pp38.1%within the sector's middle half▼ 9.9pp57.6%within the sector's middle half▲ 19.6pp
Current ratio1.58within the sector's middle half-1.17below the sector's middle half▼ 0.411.41within the sector's middle half▲ 0.241.89within the sector's middle half▲ 0.481.64within the sector's middle half▼ 0.252.45within the sector's middle half▲ 0.80
Return on assets (ROA)5.5%within the sector's middle half-13.6%above the sector's middle half▲ 8.0pp10.8%within the sector's middle half▼ 2.8pp15.8%above the sector's middle half▲ 5.0pp-1.7%below the sector's middle half▼ 17.5pp25.6%above the sector's middle half▲ 27.3pp
Staff (FTE)2.8within the sector's middle half-2.4below the sector's middle half▼ 14.3%4.3within the sector's middle half▲ 79.2%7.3within the sector's middle half▲ 69.8%7.6within the sector's middle half▲ 4.1%9within the sector's middle half▲ 18.4%
above within below 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.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.8m
Fixed assets €115,944 ▲ 1.8%
Current assets €2.7m ▲ 19.7%
Equity and liabilities €2.8m
Equity €1.6m ▲ 79.9%
Debt €1.2m ▼ 18.7%
Debt's share of the balance-sheet total falls from 61.9% to 42.4%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1.0m▲
2024 · -€29,015
Cash flow
€760,944▲
2024 · €5,063
Quick ratio
1.93▲
2024 · 1.47
Debt to equity
0.74▼
2024 · 1.63
ROE
44.4%▲
2024 · -4.5%
Interest coverage
over 100▲
2024 · -4.28
Debt ≤ 1 year
€1.1m▼
2024 · €1.4m
Debt > 1 year
€72,291▼
2024 · €76,616
Income taxes
€253,612▲
2024 · €5,047
Staff costs
€651,174▲
2024 · €508,490
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of 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
1.6% went bankrupt
3.5% stopped otherwise
94.8% still going

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%.

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 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.3m€2.8m▲
Fixed assets21/28€0.1m€0.1m▲
Tangible fixed assets22/27€0.1m€0.1m▲
Plant, machinery and equipment23€0.02m€0.04m▲
Furniture and vehicles24€0.06m€0.04m▼
Leasing and similar rights25€0.02m€0.01m▼
Other tangible fixed assets26€0.02m€0.02m▼
Current assets29/58€2.2m€2.7m▲
Stocks and contracts in progress3€0.2m€0.6m▲
Stocks30/36€0.04m€0.08m▲
Contracts in progress37€0.2m€0.5m▲
Amounts receivable within one year40/41€1.9m€2.0m▲
Trade receivables40€1.8m€1.3m▼
Other amounts receivable41€0.1m€0.7m▲
Cash at bank and in hand54/58€0.04m€0.07m▲
Deferred charges and accrued income490/1€0.01m€0.002m▼
Equity and liabilities
Total equity and liabilities10/49€2.3m€2.8m▲
Equity10/15€0.9m€1.6m▲
Contributions10/11€0.02m€0.02m=
Profit (loss) carried forward14€0.9m€1.6m▲
Amounts payable17/49€1.5m€1.2m▼
Amounts payable after more than one year17€0.08m€0.07m▼
Financial debts170/4€0.08m€0.07m▼
Amounts payable within one year42/48€1.4m€1.1m▼
Current portion of amounts payable after more than one year42€0.004m€0.004m▲
Trade debts44€1.2m€0.8m▼
Suppliers440/4€1.2m€0.8m▼
Taxes, remuneration and social security45€0.04m€0.3m▲
Taxes450/3€0.006m€0.3m▲
Remuneration and social security454/9€0.04m€0.04m▲
Other amounts payable47/48€0.1m-
Accrued charges and deferred income492/3€0.02m€0.02m▲
Income statement Code20242025
Remuneration, social security and pensions62€0.5m€0.7m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.04m€0.05m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0.04m€0.04m▲
Other operating charges640/8€0.004m€0.02m▲
Non-recurring operating charges66A€0.04m€0.006m▼
Gross operating margin9900€0.6m€1.7m▲
Operating profit (loss)9901-€0.07m€1.0m▲
Financial income75/76B€0.05m€0.002m▼
Recurring financial income75€0.003m€0.002m▼
Non-recurring financial income76B€0.04m-
Financial charges65/66B€0.007m€0.004m▼
Recurring financial charges65€0.007m€0.004m▼
Profit (loss) for the period before taxes9903-€0.03m€1.0m▲
Income taxes67/77€0.005m€0.3m▲
Profit (loss) for the period9904-€0.04m€0.7m▲
Profit (loss) for the period to be appropriated9905-€0.04m€0.7m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.9m€1.6m▲
Profit (loss) brought forward from the previous period14P€0.9m€0.9m▼
Social balance sheet
Average headcount (FTE)90877.69.0▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202020212022202320242025Change
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-
Line202020212022202320242025Change
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%
Line202020212022202320242025Change
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.

Download as CSV

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

Of the 152 active companies whose main activity is specialised construction activities (NACE 43342), figures are known for 66. 29 are within a factor 10 of this equity. These 5 are the closest to it. 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
1 director, last change in 2026

Board 1

WP CONSULTING
Director · since 26-02-2026 · Private limited company · permanent representative: Wouter Pauwels
Current

Permanent representatives 1

Wouter Pauwels
Permanent representative · since 26-02-2026 · for WP CONSULTING
Current

Statutory auditor 1

BV Baker Tilly Bedrijfsrevisoren
Statutory auditor · since 07-05-2025
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 →
Not every act has been read: a resignation may still be missing
4 of this company's 9 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

6 people since 2023, 2 in office
Show
  • Board
  • Statutory auditor
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
WP CONSULTING
  • Director, from 26-02-2026 to date
BV Baker Tilly Bedrijfsrevisoren
  • Statutory auditor, from 07-05-2025 to date
DC Advisory
  • Director, from 05-04-2024 to 26-02-2026
KDV SERVICES
  • Director, from 05-04-2024 to 16-04-2024
SPECIALTY PAINTS & COATINGS BV
  • Director, from 17-05-2023 to 16-04-2024
REI Group
  • Director, until 17-05-2023
See the board, name and registered office on a given date →

Owners and capital

Owners

1 owner

Chain of control

  1. MC Shine 100%
  2. Specialty Paints & Coatings 100%
  3. Pattyn Albert & Cie 100%
  4. Staal Straal Weelde 100%
  5. IPC SERVICES

Highest known parent: MC Shine. The sources do not say who stands above it.

Owners 1

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

Part of the group MC Shine 11 companies Group, risk and exposure

Connections & network

9 connected companies
Linked via shared directors
DUOMED BELGIUM
Shared corporate director
→
Duomed Holding Benelux
Shared corporate director
→
IPD
Shared corporate director
→
METAL FINISHING INDUSTRIES
Shared corporate director
→
Show 5 more companies with a shared director
PARA
Shared corporate director
→
PARA INDUSTRIES
Shared corporate director
→
Pattyn Albert & Cie
Shared corporate director
→
PETER VERSTUYF/HI-TECH-PROTECTION
Shared corporate director
→
TILKIN POWDER COATINGS
Shared corporate director
→

History

IPC SERVICES was incorporated on 9 December 2019 as a private limited company.1 Total assets rose from €858,136 in 2020 to €2.8m in 2025 and headcount from 2.8 to 9 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2020 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
09-07
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
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
2025
31-12
Financial Back to profitnet €712,468
Net result €712,468 after one loss-making year.
31-12
Financial Equity above €1mequity €1.6m ▲79.9%
Equity rises from €891,470 to €1.6m.
11-07
NBB filing Annual accounts filed
financial year 2024 · abbreviated format
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)
10-03
NBB filing Annual accounts filed
financial year 2023 · abbreviated format · 222 days late
2024
31-12
Financial Weakest financial yearnet -€39,690
Net result drops to -€39,690, the lowest in the series; recovery starts the following year.
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
2023
26-07
NBB filing Annual accounts filed
financial year 2022 · full format
17-05
Gazette deed Capital & shares
1 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
2022
31-12
Financial Equity above €500,000equity €624,759 ▲51.4%
A profit in every financial year since 2020 builds equity to €624,759.
31-08
NBB filing Annual accounts filed
financial year 2021 · abbreviated format · 31 days late
2021
31-12
Financial Equity above €200,000equity €412,657 ▲512%
A profit in every financial year since 2020 builds equity to €412,657.
22-09
NBB filing Annual accounts filed
financial year 2020 · abbreviated format · 53 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
5 of 9 deeds read
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded09-12-2019
Financial year end31-12
Activities, NACEBEL 2025
43341Painting of buildings
43342Specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0738887701
Registered 15-12-2025

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
IPC SERVICES BVapproval no. 44861
  • 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
decision 02-04-2025

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

Sites & property

Location & real-estate footprint
Registered office, Dendermonde · 1 establishment unit since 2019
registered office establishment The establishment unit on the map
Ground area
4,696 m²
Building footprint
1,151 m²
Building volume
6,468 m³
Parcel 42021A1027/00R000, Flanders · tallest building 8.0 m. Linked by address, not a title deed.
1 establishment unit
IPC SERVICES
Vriesenrot (STG) 3, 9200 DendermondeSpecialised construction activities
since 2019unit no. 2.297.990.871
1 parcel
Flanders 1 (100%)
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
Good to know
The parcel matches the address exactly.

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)
  1. 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.
  2. De installatie van geluid-en warmte-isolatie,lichte scheidingswanden,valse plafonds en blinde vloeren,al dan niet geprefabriceerd.
  3. Het uitvoeren van timmerwerk,het plaatsen van houten spanten en trappen.
  4. Het uitvoeren van smeedwerk.
  5. Het uitvoeren van tegelwerken en vloerwerken,pleister-en raapwerk,verfwerken,glaswerken,parketwerken,metalen schrijnwerk.
  6. Het reinigen en opknappen van gevels.
  7. Het uitvoeren van metalen dakbedekkingen en zinkwerk.
  8. De restauratie van monumenten.
  9. Het uitvoeren van muur-en vloerbekledingen.
  10. 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.
  11. Het uitvoeren van vloerdeklagen en bekleding van industriële vloeren.
  12. De montage-en demontagewerken.
  13. Het bouwen van metalen draagstructuren.
  14. Het uitvoeren van industrieel schilderwerk.
  15. Het uitvoeren van algemeen schrijnwerk.
  16. Het uitvoeren van speciale bekledingen voor sportvelden.
  17. 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.
  18. Het uitvoeren van elektrische en elektromechanische installaties van kunstwerken en nijverheidsinrichtingen,en elektrische buiteninstallaties.
  19. Het uitvoeren van alle brandbeveiligingswerken en brandwerende en brandvertragende werken;
  20. Het uitvoeren van brandwerende schilderwerken;
  21. Het uitvoeren van alle compartimenteringswerken in de meest ruime zin.
  22. 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.

The full purpose is in the deed

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

deed of 16-04-2024

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 deed
deed 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)

deed of 16-04-2024

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

Other provision: “Telecommunicatie-of-videografie, bestuursorgaan-algemeen-televergadering-schriftelijk-notulen” (deed in Dutch)
Other provision: “Dagelijks-bestuur” (deed in Dutch)
Other provision: “Toegang-algemene-vergadering” (deed in Dutch)
Other provision: “Stemrecht-en-stem-per-brief-elektronisch, uiterlijk-een-werkdag-voor-vergadering-op-zetel” (deed in Dutch)
Other provision: “Volmacht-algemene-vergadering” (deed in Dutch)
5 more provisions in the deed, see the deed of 16-04-2024

deed of 16-04-2024