IPE Group
ActiveIPE Group has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €388k and a net result of €92k. Equity is growing by ~41.1% per year across the filed fiscal years. Its solvency ranks better than 92% of 17964 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
100
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 9.54 against 6.79 in 2024), and 12.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
87.2%
Return on assets
20.7%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
9 d early
2023
29 d late
2022
11 d early
2021
30 d early
2020
22 d early
2019
42 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€388k▲ 30.7%
2024 · €297k
2019: €42k
2020: €75k
2021: €115k
2022: €140k
2023: €217k
2024: €297k
2019 → 2025
Total assets
€445k▲ 25.5%
2024 · €354k
2019: €63k
2020: €90k
2021: €138k
2022: €167k
2023: €255k
2024: €354k
2019 → 2025
Net result
€92k▲ 14.0%
2024 · €81k
2019: €17k
2020: €33k
2021: €40k
2022: €26k
2023: €77k
2024: €81k
2019 → 2025
Working capital
€356k▲ 44.6%
2024 · €246k
2019: €29k
2020: €64k
2021: €108k
2022: €145k
2023: €132k
2024: €246k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€115k-€140k▲ 22.5%€217k▲ 54.5%€297k▲ 36.8%€388k▲ 30.7%
Operating result€50k-€37k▼ 27.6%€107k▲ 194%€112k▲ 4.6%€129k▲ 14.8%
Net result€40k-€26k▼ 35.0%€77k▲ 196%€81k▲ 5.5%€92k▲ 14.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 15% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €445k
Fixed assets
€47k▼ 28.4%
Current assets
€398k▲ 37.8%
Equity and liabilities €445k
Equity
€388k▲ 30.7%
Debt
€57k▼ 1.4%
The debt ratio falls from 16.2% to 12.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€148k▲
2024 · €132k
Cash flow
€111k▲
2024 · €100k
Solvency
87.2%▲
2024 · 83.8%
Current ratio
9.54▲
2024 · 6.79
Quick ratio
9.54▲
2024 · 6.79
Debt / equity
0.15▼
2024 · 0.19
ROE
23.7%▼
2024 · 27.2%
ROA
20.7%▼
2024 · 22.8%
Interest coverage
1471.54▲
2024 · 1104.66
Debt
€57k▼
2024 · €58k
Debt ≤ 1 year
€42k▼
2024 · €43k
Income taxes
€37k▲
2024 · €32k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€354k€445k▲
Fixed assets21/28€66k€47k▼
Tangible fixed assets22/27€66k€47k▼
Land and buildings22€49€0▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€66k€47k▼
Current assets29/58€289k€398k▲
Amounts receivable within one year40/41€56k€65k▲
Trade receivables40€49k€59k▲
Other amounts receivable41€7k€6k▼
Cash at bank and in hand54/58€230k€331k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€354k€445k▲
Equity10/15€297k€388k▲
Contributions10/11€19k€19k=
Reserves13€278k€369k▲
Distributable reserves133€278k€369k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€58k€57k▼
Amounts payable within one year42/48€43k€42k▼
Financial debts43€266€583▲
Credit institutions430/8€266€583▲
Trade debts44€223€97▼
Suppliers440/4€223€97▼
Taxes, remuneration and social security45€41k€40k▼
Taxes450/3€41k€40k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€841€841=
Accrued charges and deferred income492/3€15k€15k=
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€19k▼
Other operating charges640/8€1k€1k▼
Gross operating margin9900€133k€149k▲
Operating profit (loss)9901€112k€129k▲
Financial income75/76B€623€312▼
Recurring financial income75€623€312▼
Financial charges65/66B€120€100▼
Recurring financial charges65€120€100▼
Profit (loss) for the period before taxes9903€113k€129k▲
Income taxes67/77€32k€37k▲
Profit (loss) for the period9904€81k€92k▲
Profit (loss) for the period to be appropriated9905€81k€92k▲
Appropriation of the result
Profit (loss) to be appropriated9906€81k€92k▲
Transfer from equity791/2€841€841=
Transfer to equity691/2€81k€92k▲
To other reserves6921€81k€92k▲
Profit to be distributed694/7€841€841=
Return on contributions (dividend)694€841€841=
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2019net €92k ▲14%
Operating result €129k, net result €92k, both a record.
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Equity above €200kEq €217k ▲54.5%
5 profitable years in a row build equity to €217k.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-12
Financial
Equity above €100kEq €115k ▲53.2%
3 profitable years in a row build equity to €115k.
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-12
Financial
Liquidity doublescurrent ratio 5.22
Current ratio from 2.35 to 5.22; short-term debt falls from €21k to €15k.
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
20-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Kortrijk · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Mellestraat(Heu) 3878501 KortrijkGround area
1,039 m²
Building footprint
173 m²
Volume, LiDAR
734 m³
Parcel 34016A0914/00M000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Avoli Europe
since 20112.196.378.819
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34016A0914/00M000 | Flanders | 1,039 m² | 1 · 173 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,211 companies in sector 47400 we hold annual accounts for 1,795. 1,186 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-02-2011
Fiscal year end31-12
Activities, NACEBEL
47400Retail sale of information and communication equipment
47410Retail trade
46460Wholesale of pharmaceutical and medical goods
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.