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IPee

Active
Public limited companyfounded 2012active for 13 yearsOverwinningstraat 41, 2610 Antwerpen, BelgiumKBO/BCE: BE 0500.798.033
Summary

The computed 12-month bankruptcy probability of IPee is 1.6% (moderate). The annual accounts of IPee for financial year 2025 show a net loss of 83% of the equity at the start of that year. The 2025 annual accounts show equity of €408,531 and a net result of -€2.1m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 207 sector peers (NACE 74, financial year 2025). The company has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Other professional, scientific and technical activities
NACE 74112Engineering and related technical consultancy, excluding land surveyors NACE 71121
1 site
Size
€4.4mtotal assets 2025
Staff
12.3 FTE
Equity
€408,531
Loss
-€2.1m
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.6%
Structure
Parent
ROBELI · 74.53%
Accounts on time0 of 12 deeds read
Why 53raises riskLoss of €2.1m, the second in a row (financial year 2025)Liquidity: current ratio 1.15, cash €32,543Equity €408,531 (9.4% of total assets)lowers riskSector: Other professional, scientific and technical activities (NACE 74)Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 13% of its sector peers (NACE 74, small)
Financial strength · tick = 2024
Weak
Solvency 34-47
equity 9.4% of total assets
Liquidity 43+2
short-term debt 22.5% · cash 0.7%
Profitability 0=
return on assets -47.0%
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (190 companies, NACE 74, small)
Last 24 months 11-2024: 2.6% 12-2024: 2.6%● unchanged vs 11-2024 01-2025: 2.6%● unchanged vs 12-2024 02-2025: 2.6%● unchanged vs 01-2025 03-2025: 2.7%▲ +0.1 percentage points vs 02-2025 04-2025: 2.7%● unchanged vs 03-2025 05-2025: 2.7%● unchanged vs 04-2025 06-2025: 2.8%▲ +0.1 percentage points vs 05-2025 07-2025: 3.1%▲ +0.3 percentage points vs 06-2025highest value 08-2025: 3.0%▼ -0.1 percentage points vs 07-2025 09-2025: 0.8%▼ -2.2 percentage points vs 08-2025lowest value 10-2025: 0.8%● unchanged vs 09-2025lowest value 11-2025: 0.8%● unchanged vs 10-2025lowest value 12-2025: 0.8%● unchanged vs 11-2025lowest value 01-2026: 0.8%● unchanged vs 12-2025lowest value 02-2026: 0.8%● unchanged vs 01-2026lowest value 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.9%▲ +0.1 percentage points vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026 07-2026: 1.0%▲ +0.1 percentage points vs 06-2026 08-2026: 1.6%▲ +0.6 percentage points vs 07-2026 09-2026: 1.6%● unchanged vs 08-2026 10-2026: 1.6%● unchanged vs 09-2026
Credit of up to €21,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.15, compared with 0.95 in 2024, below the usual 1.5; short-term debt: 22.5% and cash: 0.7% of total assets), and 90.6% 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 74, small): better than 13% on solvency, 28% on liquidity, 4% on profitability and 5% on growth.

The bankruptcy probability was computed on 14-10-2026 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

Seven signals.
lowers riskraises riskneutral
raises risk · Loss of €2.1m, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.15, cash €32,543
NBB · annual accounts
raises risk · Equity €408,531 (9.4% of total assets)
NBB · annual accounts
lowers risk · Sector: Other professional, scientific and technical activities (NACE 74)
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€2.1m
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 207 sector peers (2025).
NBB · sector comparison
Position among 207 sector peers
Solvency
better than 19%
← weakest strongest →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
12 days late
2023
on the day
2022
61 days early
2021
27 days early
2020
24 days late
2019
70 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 3 days after the deadline; the sector median (NACE 74) for financial year 2024 is 3 days before the deadline, and 38% 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 31 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
14-10-2026 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 · full…
  2. Weakest financial yearnet -€2.1m
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Risk: 8 loss-making years in a rowloss financial year 2025 -€2.1m View
  • Caution: Equity fell in 2025from €2.5m to €408,531 ▼ 83.4% View
  • Caution: Among the weakest 5% on net resultsector median €9,305 · 207 companies -€2.1m View
  • Controlled by ROBELI 74.53% View
  • Flemish supportawarded from 2022 to 2025 €103,570 View

By topic

Financials

Financial year
2025
Total assets
€4.4m
Loss
-€2.1m
Solvency
9.4%
Total assets▼ 1.5%
Net result
20182025
Go to Financials

Timeline

Events
17
Since
2014
Next accounts
by 31-07-2027
  1. 31-12-2024Equity above €2m
  2. 31-07-2024Annual accounts filed
  3. 31-12-2023Liquidity more than doubled
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Other professional, scientific and technical activitiesNACE 74112
Founded
14-11-2012
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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