IPEVA
Annual accounts 2025
micro format, filed on 02-07-2026, 29 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €190,000. Estimated: probably between €140,000 and €240,000.
Balance sheet
balance sheet total €530,064 on 31-12-2025in euro
in euro
Position in the sector
66.5%
Higher than 61% of 39,368 companies in 2025.
19.7%
Higher than 58% of 38,523 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
530,064 | 495,540 | 375,855 | |
21/28 |
354,312 | 352,818 | 360,152 | |
22/27 |
14,312 | 12,818 | 20,152 | |
24 |
14,312 | 12,818 | 20,152 | |
28 |
340,000 | 340,000 | 340,000 | |
29/58 |
175,752 | 142,722 | 15,704 | |
40/41 |
22,860 | 94,161 | 15,193 | |
40 |
15,969 | 15,125 | 15,125 | |
41 |
6,891 | 79,036 | 68 | |
50/53 |
99,122 | 2,865 | - | |
54/58 |
53,770 | 45,542 | 6 | |
490/1 |
- | 155 | 505 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
530,064 | 495,540 | 375,855 | |
10/15 |
352,411 | 247,729 | 60,355 | |
10/11 |
1,000 | 1,000 | 1,000 | |
13 |
351,411 | 246,729 | 59,355 | |
133 |
351,411 | 246,729 | 59,355 | |
17/49 |
177,653 | 247,811 | 315,500 | |
17 |
170,000 | 170,000 | 229,981 | |
170/4 |
170,000 | 170,000 | 229,981 | |
42/48 |
7,554 | 77,811 | 85,487 | |
42 |
- | 59,981 | 68,861 | |
44 |
666 | 230 | 614 | |
440/4 |
666 | 230 | 614 | |
45 |
4,020 | 13,389 | 11,793 | |
450/3 |
4,020 | 13,389 | 11,793 | |
47/48 |
2,869 | 4,211 | 4,219 | |
492/3 |
98 | - | 31 | |
| Income statement | ||||
9900 |
91,130 | 97,368 | 92,400 | |
630 |
7,456 | 7,333 | 1,848 | |
640/8 |
189 | - | - | |
9901 |
83,485 | 90,034 | 90,551 | |
75/76B |
62,197 | 150,310 | 289 | |
75 |
62,197 | 150,310 | 289 | |
65/66B |
11,751 | 15,004 | 3,002 | |
65 |
11,751 | 15,004 | 3,002 | |
9903 |
133,931 | 225,340 | 87,838 | |
67/77 |
29,249 | 37,966 | 28,483 | |
9904 |
104,682 | 187,374 | 59,355 | |
9905 |
104,682 | 187,374 | 59,355 | |
| Appropriation of the result | ||||
9906 |
104,682 | 187,374 | 59,355 | |
691/2 |
104,682 | 187,374 | 59,355 | |
6921 |
104,682 | 187,374 | 59,355 | |
| Document | ||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 02-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 8,950 | 0 | 362,000 | ||
| 8,228 | 45,535 | - | ||
| 66.5% | 50.0% | 16.1% | ||
| 29.7% | 75.6% | 98.3% | ||
| 19.7% | 37.8% | 15.8% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €8,950 | - | €22,000 |
| Financial fixed assets | - | - | €340,000 |
| €7,456 | €7,333 | €1,848 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on IPEVA
The operating result for 2025 is 7% lower than in 2024 and the lowest since 2023. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 50.0% to 33.5%. Equity is higher and debt is lower.