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IPEX

Active
Public limited companyfounded 1986active for 40 yearsAvenue Landas 5, 1480 Tubize, BelgiumKBO/BCE: BE 0429.119.090
Summary

IPEX has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23.1m and a net result of €401,498. Equity is growing by about 20% per year across the filed financial years. Its solvency ranks better than 57% of 222 sector peers (NACE 63, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

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IPEXActiveChecked score 93/100
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History

IPEX was incorporated on 3 July 1986.1 Between 2004 and 2005 the company absorbed ETINCO and CARTOPRINT by merger.23 The capital was increased 5 times between 2007 and 2025, most recently to €8.3m.456 The board currently has 4 members; SPARAXIS has served longest, since 2011.7 Turnover grew from €11.5m in 2018 to €31.7m in 2025 and headcount from 41.4 to 49.1 full-time equivalents.8

  1. 1KBO register
  2. 2Belgian Official Gazette, 05-08-2004
  3. 3Belgian Official Gazette, 10-10-2005
  4. 4Belgian Official Gazette, 03-08-2007
  5. 5Belgian Official Gazette, 25-01-2012
  6. 6Belgian Official Gazette, 30-10-2025
  7. 7Belgian Official Gazette, 07-06-2023
  8. 8National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
20-07
Gazette deed Reappointment: C2 Réviseurs et Associés SRL (commissaire réviseur)
2 facts ▸
  • General meeting, 19-05-2026
  • Auditor reappointment, C2 Réviseurs et Associés SRL (commissaire réviseur)
28-05
NBB filing Annual accounts filed
financial year 2025 · full format
18-05
Gazette deed Permanent representatives: MEURICE Yves Daniel Jean-Marie and Vincent Vandrepol
Purpose change · Amendment of the articles · Power of attorney8 facts ▸
  • General meeting, 01-04-2026
  • Permanent representative, MEURICE Yves Daniel Jean-Marie (représentant permanent de l’administrateur)
  • Permanent representative, Vincent Vandrepol (représentant permanent de l’administrateur)
  • Other provision, 31-03-2026
  • Purpose change
  • Amendment of the articles, 3
  • Power of attorney
  • Power of attorney, Eric JACOBS de HAGEN
2025
31-12
Financial Equity above €10mequity €23.1m ▲754%
A profit in every financial year since 2018 builds equity to €23.1m.
30-10
Gazette deed Resignation: Wallonie Entreprendre (director)
Appointment: ON LINE MANAGEMENT (director) · Permanent representative: Colin Cobbaert · Reappointments: VADIMO (director) and SPARAXIS (director)30 facts ▸
  • General meeting, 16-10-2025
  • Other provision, “dispense de lecture du rapport de l'organe d'administration sur l'apport en nature, PREMIERE RESOLUTION” (deed in French)
  • Declaration, “connaissance du rapport de l'organe d'administration, adhèrent sans réserve” (deed in French)
  • Auditor report, 15-10-2025
  • Declaration, “connaissance du rapport du Commissaire, adhèrent sans réserve” (deed in French)
  • Capital increase, €8,000,000
  • Capital contribution, €8,000,000
  • Share issue, “attribution des actions en rémunération de l'apport, attribué à : (…)” (deed in French)
  • Capital, €8,254,000
  • Capital increase, €12,000,000
  • Other provision, “justifiant le prix d'émission des actions nouvelles et décrivant les conséquences de l'opération sur les droits patrimoniaux et les droits sociaux des actionnai…” (deed in French)
  • Share issue, 25149939, “issue” (deed in French)
  • +18 further facts in this act
02-06
NBB filing Annual accounts filed
financial year 2024 · full format
2024
19-06
Gazette deed Reappointment: C2 Réviseurs et associé SRL (commissaire aux comptes)
2 facts ▸
  • General meeting, 21-05-2024
  • Auditor reappointment, C2 Réviseurs et associé SRL (commissaire aux comptes)
03-06
NBB filing Annual accounts filed
financial year 2023 · full format
2023
31-12
Financial Equity above €2mequity €2.3m ▲25.7%
A profit in every financial year since 2018 builds equity to €2.3m.
07-06
Gazette deed Reappointments: VADIMO SA (managing director) and SPAXARIS SA (director)
Permanent representatives: Rodolphe van der Straten Waillet, Yves Meurice and Vincent Vandrepol · Resignation: SOGEPA SA (Société Wallonne de Gestion et de Participations SA) (director) · Appointment: Wallonie Entreprendre (director)8 facts ▸
  • General meeting, 16-05-2023
  • Director reappointment, VADIMO SA (managing director)
  • Permanent representative, Rodolphe van der Straten Waillet
  • Director reappointment, SPAXARIS SA (director)
  • Permanent representative, Yves Meurice
  • Director resignation, SOGEPA SA (Société Wallonne de Gestion et de Participations SA) (director)
  • Director appointment, Wallonie Entreprendre (director)
  • Permanent representative, Vincent Vandrepol
17-05
NBB filing Annual accounts filed
financial year 2022 · full format
06-01
Gazette deed Purpose · Amendment of the articles
Purpose change · Capital · Power of attorney5 facts ▸
  • General meeting, 15-11-2022
  • Purpose change, “La société a pour objet et pourra accomplir, en Belgique et à l'étranger, tant pour elle-même que pour le compte de tous tiers ou en participation avec ceux-ci,…” (deed in French)
  • Amendment of the articles
  • Capital, €254,000
  • Power of attorney, Organe d'administration
Show earlier events
2022
31-05
NBB filing Annual accounts filed
financial year 2021 · full format
2021
31-12
Financial Highest result from 2018 to 2025net €602,922 ▲1,930%
Net result €602,922, the highest in the series.
26-07
Gazette deed Reappointment: C2 REVISEURS ET ASSOCIES (statutory auditor)
2 facts ▸
  • General meeting, 25-06-2021
  • Auditor reappointment, C2 REVISEURS ET ASSOCIES
01-07
NBB filing Annual accounts filed
financial year 2020 · full format
2020
24-07
NBB filing Annual accounts filed
financial year 2019 · full format
2019
31-12
Financial Weakest financial yearnet €29,457 ▼91.7%
Net result drops to €29,457, the lowest in the series; recovery starts the following year.
06-06
NBB filing Annual accounts filed
financial year 2018 · full format
2018
12-11
Gazette deed Permanent representative: VANDREPOL Vincent
1 fact ▸
  • Permanent representative, VANDREPOL Vincent
05-11
Gazette deed Reappointment: Cabinet C² Réviseurs et Associés SCRL (statutory auditor)
2 facts ▸
  • General meeting, 15-05-2018
  • Auditor reappointment, Cabinet C² Réviseurs et Associés SCRL
29-05
NBB filing Annual accounts filed
financial year 2017 · full format
2017
26-06
Gazette deed Resignation: RODINVEST (director)
Appointment: VADIMO S.A. (director) · Reappointments: SOCIETE WALLONNE DE GESTION ET DE PARTICIPATIONS S.A. (SOGEPA) (director) and SPARAXIS S.A. (director)6 facts ▸
  • General meeting, 16-05-2017
  • Director resignation, RODINVEST (director)
  • Director appointment, VADIMO S.A. (director)
  • Director reappointment, SOCIETE WALLONNE DE GESTION ET DE PARTICIPATIONS S.A. (SOGEPA) (director)
  • Director reappointment, SPARAXIS S.A. (director)
  • Director appointment, VADIMO S.A. (managing director)
31-05
NBB filing Annual accounts filed
financial year 2016 · full format
2016
12-04
Gazette deed Reappointment: C² REVISEURS & ASSOCIES (statutory auditor)
Capital decrease · Capital · Amendment of the articles6 facts ▸
  • General meeting, 17-03-2016
  • Capital decrease, €900,114.03
  • Capital, €254,000
  • Amendment of the articles
  • Auditor reappointment, C² REVISEURS & ASSOCIES
  • Power of attorney, Conseil d'administration
2014
27-10
Gazette deed Permanent representative: SERVAIS Simon
1 fact ▸
  • Permanent representative, SERVAIS Simon
2013
18-12
Gazette deed Permanent representative: CLOSSEN Charles
Mandate term2 facts ▸
  • Permanent representative, CLOSSEN Charles
  • Mandate term, “jusqu'à notification, par lettre recommandée, au Conseil d'administration de la S.A. IPEX, du retrait des pouvoirs de CLOSSEN Charles” (deed in French)
2012
02-07
Gazette deed Reappointments: RODINVEST (managing director) and C2 Réviseurs et Associés (commissaire aux comptes)
Permanent representative: Rodolphe van der Straten Waillet4 facts ▸
  • General meeting, 06-06-2012
  • Director reappointment, RODINVEST (managing director)
  • Permanent representative, Rodolphe van der Straten Waillet
  • Auditor reappointment, C2 Réviseurs et Associés (commissaire aux comptes)
25-01
Gazette deed Capital & shares · Amendment of the articles
Capital increase · Capital decrease · Power of attorney7 facts ▸
  • General meeting, 14-12-2011
  • Capital increase, €412,061.11
  • Capital increase, €253,314.58
  • Capital increase, €400,000
  • Capital decrease, €1,200,000
  • Amendment of the articles
  • Power of attorney, Emmanuel CALAY (2 times)
2011
12-10
Gazette deed Resignation: SOVERIN (director)
Permanent representative: Huyts Jean-François3 facts ▸
  • Board meeting, 08-09-2011
  • Director resignation, SOVERIN (director)
  • Permanent representative, Huyts Jean-François
10-08
Gazette deed Appointments: SOCIETE WALLONNE DE GESTION ET DE PARTICIPATIONS (director) and SPARAXIS SA (director)
Permanent representatives: TRINON Sophie, MEURICE Yves and 3 others · Resignations: W. INVEST SA (director) and WAUKINT SA (director)10 facts ▸
  • General meeting, 30-06-2011
  • Director appointment, SOCIETE WALLONNE DE GESTION ET DE PARTICIPATIONS (director)
  • Permanent representative, TRINON Sophie
  • Director appointment, SPARAXIS SA (director)
  • Permanent representative, MEURICE Yves
  • Director resignation, W. INVEST SA (director)
  • Permanent representative, WAUCQUEZ Gaëtan
  • Director resignation, WAUKINT SA (director)
  • Permanent representative, WAUCQUEZ Loїc
  • Permanent representative, van der STRATEN Rodolphe
02-02
Gazette deed Resignation: FIJETI (director)
2 facts ▸
  • Board meeting, 24-11-2010
  • Director resignation, FIJETI (director)
31-01
Gazette deed Capital & shares · Amendment of the articles
Capital increase · Capital decrease · Capital8 facts ▸
  • General meeting, 23-12-2010
  • Capital increase, €750,000.05
  • Capital increase, €836,057.29
  • Capital decrease, €5,319,000
  • Capital increase, €400,000
  • Capital, €1,288,738.34
  • Amendment of the articles
  • Waiver of preferential subscription, “Les actionnaires présents ou représentés ont renoncé à leur droit de souscription préférentielle (résolutions 4 et 12)” (deed in French)
2010
14-12
Gazette deed Reappointment: WAUKINT (director)
Permanent representative: Loïc Waucquez3 facts ▸
  • General meeting, 28-06-2010
  • Director reappointment, WAUKINT (director)
  • Permanent representative, Loïc Waucquez
21-01
Gazette deed Capital & shares · Amendment of the articles
Capital increase3 facts ▸
  • General meeting, 23-12-2009
  • Capital increase, €1,150,000
  • Amendment of the articles (2 times)
2009
31-12
Gazette deed Resignation: Geoffroy Jacobs (director)
2 facts ▸
  • Board meeting, 06-10-2009
  • Director resignation, Geoffroy Jacobs (director)
02-02
Gazette deed Capital & shares · Amendment of the articles
Share issue · Power of attorney · Partnership agreement6 facts ▸
  • General meeting, 15-01-2009
  • Share issue, “parts bénéficiaires”, 54688 (deed in French)
  • Amendment of the articles
  • Power of attorney
  • Partnership agreement, “Convention de partenariat du 08-12-2008 fixant les termes et conditions des parts bénéficiaires” (deed in French)
  • Pre emptive rights renunciation, “Renonciation au droit de souscription préférentielle” (deed in French)
2007
03-08
Gazette deed Resignation: AMAURY de CROMBRUGGHE (director)
Capital increase · Capital · Director discharge5 facts ▸
  • General meeting, 19-07-2007
  • Capital increase, €350,000
  • Capital, €2,330,000
  • Director resignation, AMAURY de CROMBRUGGHE (director)
  • Director discharge, AMAURY de CROMBRUGGHE
2005
10-10
Gazette deed Capital & shares · Amendment of the articles · Restructuring
Merger · Accounting effect · Dissolution8 facts ▸
  • General meeting, 07-09-2005 (2 times)
  • Merger, 07-09-2005
  • Accounting effect, 01-01-2005
  • Dissolution, 07-09-2005
  • Share cancellation, 605
  • Power of attorney
  • Shareholding, 100%
  • Accounting basis, 31-12-2004
2004
05-08
Gazette deed Restructuring
Merger · Accounting effect · Dissolution7 facts ▸
  • General meeting, 30-06-2004
  • Merger, 30-06-2004
  • Accounting effect, 01-01-2004
  • Dissolution, 30-06-2004
  • Share cancellation, 1250
  • Power of attorney, SCRL DELVAUX, FRONVILLE, SERVAIS et Associés
  • Power of attorney, IPEX
08-06
Gazette deed Restructuring · Miscellaneous
Merger1 fact ▸
  • Merger, 03-05-2004
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 38 annual accounts filed, the latest 10 are here; all 38 are under Financials.
27 of 27 deeds read

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