IPE
ActiveSummary
The computed 12-month bankruptcy probability of IPE is 9.3% (elevated). For IPE, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€11,616) and a net result of -€8,157. Its solvency ranks better than 5% of 23163 sector peers (fiscal year 2022). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability0=
Solvency0▼-3
Growth58
Track record94
Bankruptcy probability, 12 months
9.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2022Age of the figures
Age of the figures
45 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 15-09-2023, 46 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
46 d late
2021
80 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 17 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2022, micro schema
Equity
-€11,616▼ 236%
2021 · -€3,459
Total assets
€1,714▼ 89.0%
2021 · €15,578
Net result
-€8,157▲ 13.8%
2021 · -€9,459
Working capital
-€12,748▼ 83.4%
2021 · -€6,951
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022
Operating result-€9,458--€7,695▲ 18.6%
Net result-€9,459below the sector's middle half--€8,157below the sector's middle half▲ 13.8%
Equity-€3,459below the sector's middle half--€11,616below the sector's middle half▼ 236%
Total assets€15,578below the sector's middle half-€1,714below the sector's middle half▼ 89.0%
Debt€19,037-€13,330▼ 30.0%
Working capital-€6,951within the sector's middle half--€12,748below the sector's middle half▼ 83.4%
Solvency-22.2%below the sector's middle half-
Current ratio0.61below the sector's middle half-
Return on assets (ROA)-60.7%below the sector's middle half-
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7,695 in 2022 against €9,458 in 2021; the loss shrinks.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €1,714
Fixed assets
€1,132 ▼ 74.8%
Current assets
€582 ▼ 94.7%
Key figures and ratios
EBITDA
-€7,081▲
2021 · -€8,772
Cash flow
-€7,543▲
2021 · -€8,774
Interest coverage
-15.33▲
2021 · -4819.70
Debt ≤ 1 year
€13,330▼
2021 · €18,037
Ratios withheld: a balance sheet total of €1,714 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €686 | €614 | ▼ 10.5% |
| Other operating charges640/8 | - | €353 | - |
| Non-recurring operating charges66A | - | €2,747 | - |
| Gross operating margin9900 | -€8,772 | -€3,981 | ▲ 54.6% |
| Operating profit (loss)9901 | -€9,458 | -€7,695 | ▲ 18.6% |
| Financial charges65/66B | €2 | €462 | ▲ 25,279% |
| Recurring financial charges65 | €2 | €462 | ▲ 25,279% |
| Profit (loss) for the period before taxes9903 | -€9,459 | -€8,157 | ▲ 13.8% |
| Profit (loss) for the period9904 | -€9,459 | -€8,157 | ▲ 13.8% |
| Profit (loss) for the period to be appropriated9905 | -€9,459 | -€8,157 | ▲ 13.8% |
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €15,578 | €1,714 | ▼ 89.0% |
| Fixed assets21/28 | €4,492 | €1,132 | ▼ 74.8% |
| Tangible fixed assets22/27 | €4,492 | €1,132 | ▼ 74.8% |
| Plant, machinery and equipment23 | €1,459 | - | - |
| Furniture and vehicles24 | €3,033 | €1,132 | ▼ 62.7% |
| Current assets29/58 | €11,086 | €582 | ▼ 94.7% |
| Stocks and contracts in progress3 | €3,900 | - | - |
| Stocks30/36 | €3,900 | - | - |
| Amounts receivable within one year40/41 | €656 | €580 | ▼ 11.7% |
| Other amounts receivable41 | €656 | €580 | ▼ 11.7% |
| Cash at bank and in hand54/58 | €6,529 | €3 | ▼ 100.0% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €15,578 | €1,714 | ▼ 89.0% |
| Equity10/15 | -€3,459 | -€11,616 | ▼ 236% |
| Contributions10/11 | €6,000 | €6,000 | = |
| Profit (loss) carried forward14 | -€9,459 | -€17,616 | ▼ 86.2% |
| Amounts payable17/49 | €19,037 | €13,330 | ▼ 30.0% |
| Amounts payable within one year42/48 | €18,037 | €13,330 | ▼ 26.1% |
| Trade debts44 | €1,903 | €2,053 | ▲ 7.9% |
| Suppliers440/4 | €1,903 | €2,053 | ▲ 7.9% |
| Taxes, remuneration and social security45 | - | €2,105 | - |
| Taxes450/3 | - | €2,105 | - |
| Other amounts payable47/48 | €16,135 | €9,172 | ▼ 43.2% |
| Accrued charges and deferred income492/3 | €1,000 | - | - |
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€9,459 | -€8,157 | ▲ 13.8% |
| + Depreciation and write-downs630 | €686 | €614 | ▼ 10.5% |
| Operating cash flow (approximation) | -€8,774 | -€7,543 | ▲ 14.0% |
| Investment in fixed assets (approximation) | - | €2,747 | - |
| Change in cash | - | -€6,527 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
15-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 46 days late
2022
12-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
NBB filing
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Walcourt · 1 establishment unit since 2021
Ground area
3,244 m²
Building footprint
142 m²
Volume, LiDAR
2,032 m³
2 parcels, Wallonia · tallest building 16.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
LA MODE DE FANNY
since 20212.315.519.365
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93071A0284/00A000indicative | Wallonia | 2,796 m² | - | - |
| 52028E0556/00P000 | Wallonia | 448 m² | 1 · 141 m² | 16.1 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 6,495 companies in sector 47716 we hold annual accounts for 2,440. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
46423Wholesale of clothing, excluding workwear and underwear
46424Wholesale trade
47715Retail trade
47721Retail sale of footwear
47722Retail trade
56301Cafés and bars
96230Day spas, saunas and steam baths
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.