IPEI BELGIUM
ActiveIPEI BELGIUM is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. For IPEI BELGIUM, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €7.99M and a net result of €-1.41M. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 93% of 5793 sector peers (fiscal year 2023). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Filing: At least two filing cycles are missing
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 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 · 5 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline16-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 10-09-2024, 41 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
41 d late
2022
27 d early
2021
31 d late
2020
31 d late
2019
2 d early
← before the deadline
after the deadline →
Financials · fiscal year 2023, abbreviated schema
Equity
€7.99M▼ 15.0%
2022 · €9.40M
2019: €147k
2020: €56.60M
2021: €34.51M
2022: €9.40M
2019 → 2023
Net result
€-1.41M▼ 24.5%
2022 · €-1.13M
2019: €47k
2020: €-1.20M
2021: €-22.09M
2022: €-1.13M
2019 → 2023
Total assets
€8.27M▼ 75.3%
2022 · €33.52M
2019: €951k
2020: €65.07M
2021: €42.81M
2022: €33.52M
2019 → 2023
Solvency
96.6%▲ 68.6pp
2022 · 28.0%
2019: 15.5%
2020: 87.0%
2021: 80.6%
2022: 28.0%
2019 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€147k-€56.60M▲ 38,299%€34.51M▼ 39.0%€9.40M▼ 72.8%€7.99M▼ 15.0%
Operating result€81k-€-468k€-155k▲ 66.9%€-725k▼ 369%€-1.28M▼ 77.2%
Net result€47k-€-1.20M€-22.09M▼ 1,746%€-1.13M▲ 94.9%€-1.41M▼ 24.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1.28M in 2023 against €725k in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €8.27M
Fixed assets
€25k▼ 94.2%
Current assets
€8.25M▼ 75.1%
Equity and liabilities €8.27M
Equity
€7.99M▼ 15.0%
Debt
€280k▼ 98.8%
The debt ratio falls from 72.0% to 3.4%. Equity and debt are lower.
Key figures and ratios
Solvency
96.6%▲
2022 · 28.0%
ROE
-17.6%▼
2022 · -12.0%
ROA
-17.0%▼
2022 · -3.4%
Debt
€280k▼
2022 · €24.12M
Debt ≤ 1 year
€280k▼
2022 · €24.11M
Income taxes
€19k
Staff costs
€129k▲
2022 · €114k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€33.52M€8.27M▼
Fixed assets21/28€434k€25k▼
Intangible fixed assets21€2k€0▼
Tangible fixed assets22/27€8k€0▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€8k€0▼
Financial fixed assets28€425k€25k▼
Current assets29/58€33.09M€8.25M▼
Amounts receivable after more than one year29€678k€551k▼
Other amounts receivable291€678k€551k▼
Amounts receivable within one year40/41€83k€487k▲
Trade receivables40€250€0▼
Other amounts receivable41€82k€487k▲
Cash at bank and in hand54/58€32.30M€7.16M▼
Deferred charges and accrued income490/1€31k€48k▲
Equity and liabilities
Total equity and liabilities10/49€33.52M€8.27M▼
Equity10/15€9.40M€7.99M▼
Contributions10/11€33.77M€33.77M=
Capital10€33.77M€33.77M=
Issued capital100€33.77M€33.77M=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€-24.37M€-25.77M▼
Amounts payable17/49€24.12M€280k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€24.11M€280k▼
Current portion of amounts payable after more than one year42€99k€0▼
Financial debts43-€50k
Credit institutions430/8-€50k
Trade debts44€79k€209k▲
Suppliers440/4€79k€209k▲
Taxes, remuneration and social security45€19k€19k▲
Taxes450/3€4k€4k▲
Remuneration and social security454/9€15k€15k▲
Other amounts payable47/48€23.92M€1k▼
Accrued charges and deferred income492/3€10k€60▼
Income statement
Code20222023
Remuneration, social security and pensions62€114k€129k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€10k▲
Other operating charges640/8€2k€5k▲
Non-recurring operating charges66A-€11k
Gross operating margin9900€-606k€-1.13M▼
Operating profit (loss)9901€-725k€-1.28M▼
Financial income75/76B€609k€32k▼
Recurring financial income75€609k€32k▼
Financial charges65/66B€1.01M€135k▼
Recurring financial charges65€484k€10k▼
Non-recurring financial charges66B€530k€125k▼
Profit (loss) for the period before taxes9903€-1.13M€-1.39M▼
Income taxes67/77-€19k
Profit (loss) for the period9904€-1.13M€-1.41M▼
Profit (loss) for the period to be appropriated9905€-1.13M€-1.41M▼
Appropriation of the result
Profit (loss) to be appropriated9906€-24.37M€-25.77M▼
Profit (loss) brought forward from the previous period14P€-23.24M€-24.37M▼
Social balance
Average headcount (FTE)90871.81.8=
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
10-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 41 days late
2023
31-12
Financial
Liquidity times 21current ratio 29.47
Current ratio from 1.37 to 29.47; short-term debt falls from €24.11M to €280k.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-22.09M
Net result drops to €-22.09M, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 5current ratio 10.02
Current ratio from 1.97 to 10.02; short-term debt falls from €797k to €608k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Equity above €50MEq €56.60M ▲38299%
Equity rises from €147k to €56.60M.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Antwerpen · 1 establishment unit since 2019
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.
Oudeleeuwenrui 482000 AntwerpenGround area
1,236 m²
Building footprint
18 m²
Volume, LiDAR
67 m³
Parcel 11802B0178/00D002, Flanders · tallest building 8.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
IPEI BELGIUM
since 20192.288.357.187
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11802B0178/00D002 | Flanders | 1,236 m² | 1 · 17 m² | 8.8 m · 1 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 24,726 companies in sector 64210 we hold annual accounts for 19,748. 6,693 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded12-04-2019
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryWebsite:www.ipei.be