Skip to content

IPE

Active
Private limited companyfounded 2021active for 5 yearsRoute de Couvin(Som) 37, 5651 Walcourt, BelgiumKBO/BCE: BE 0761.879.669
Summary

The computed 12-month bankruptcy probability of IPE is 11.4% (high). 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 22,600 sector peers (NACE 47, financial year 2022). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2022, micro format

2023 annual accounts not yet filed, deadline passed on 31 July 2024 Financial year closed on 31 December 2023; filing due at the latest 7 months after the close (Companies Code art. 3:10). 3 financial years without a filing since the last one filed. Source: NBB filings, as of 19 October 2026.

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

2021 to 2022, 2 financial years

The operating result stays negative: a loss of €7,695 in 2022 against €9,458 in 2021; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€7,695 2022 Net result-€8,157 2022

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

Sector: the middle half of NACE 47, Retail trade: 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.

Every figure with its change against the financial 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 of NACE 47, Retail trade: 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.
Turnover and EBIT margin not published: the micro format does not require them.
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%
Equity and liabilities
Equity-€11,616
Debt€13,330
Equity is negative: debt (€13,330) exceeds the balance-sheet total (€1,714).
Key figures and ratios
2022 value · change against 2021
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
Filed annual accounts As filed with the NBB · 2022 against 2021 · 35 lines
Balance sheet Code20212022
Assets
Total assets20/58€15,578€1,714▼
Fixed assets21/28€4,492€1,132▼
Tangible fixed assets22/27€4,492€1,132▼
Plant, machinery and equipment23€1,459-
Furniture and vehicles24€3,033€1,132▼
Current assets29/58€11,086€582▼
Stocks and contracts in progress3€3,900-
Stocks30/36€3,900-
Amounts receivable within one year40/41€656€580▼
Other amounts receivable41€656€580▼
Cash at bank and in hand54/58€6,529€3▼
Equity and liabilities
Total equity and liabilities10/49€15,578€1,714▼
Equity10/15-€3,459-€11,616▼
Contributions10/11€6,000€6,000=
Profit (loss) carried forward14-€9,459-€17,616▼
Amounts payable17/49€19,037€13,330▼
Amounts payable within one year42/48€18,037€13,330▼
Trade debts44€1,903€2,053▲
Suppliers440/4€1,903€2,053▲
Taxes, remuneration and social security45-€2,105
Taxes450/3-€2,105
Other amounts payable47/48€16,135€9,172▼
Accrued charges and deferred income492/3€1,000-
Income statement Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€686€614▼
Other operating charges640/8-€353
Non-recurring operating charges66A-€2,747
Gross operating margin9900-€8,772-€3,981▲
Operating profit (loss)9901-€9,458-€7,695▲
Financial charges65/66B€2€462▲
Recurring financial charges65€2€462▲
Profit (loss) for the period before taxes9903-€9,459-€8,157▲
Profit (loss) for the period9904-€9,459-€8,157▲
Profit (loss) for the period to be appropriated9905-€9,459-€8,157▲
Appropriation of the result
Profit (loss) to be appropriated9906-€9,459-€17,616▼
Profit (loss) brought forward from the previous period14P--€9,459

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022Change
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%
Line20212022Change
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--
Line20212022Change
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.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2022 micro format 15-09-2023 2023-00451776
31-12-2021 micro format 12-05-2022 2022-20026630

Similar companies · same sector and region

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 the 6,385 active companies whose main activity is retail sale of clothing and accessories for women, men, children and babies (general range) (NACE 47716), figures are known for 2,404. See the whole sector

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