IPF-I Feeder
ActiveSummary
IPF-I Feeder has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €25.0m and a net result of -€194,562. Equity is growing by ~27.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2026
Axes · tick = 2025
Profitability36▲+2
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,650,000 at 30 days acceptable
Liquidity short (current ratio 0.95 against 0.76 in 2025; short-term debt: 1.7% and cash: 1.6% of total assets), and 1.7% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
98.3%
Return on assets
-0.8%
Age of the figures
6 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 28-08-2026, 64 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2026
64 d early
2025
2 d early
2024
64 d early
2023
18 d early
2022
4 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 30 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 13 October (5 of the last 5 filed years within 46 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-03-2027 close31-10-2027 deadline
History
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Financials · fiscal year 2026, abbreviated schema
Equity
€25.0m▼ 7.4%
2025 · €27.0m
Total assets
€25.4m▼ 7.4%
2025 · €27.4m
Net result
-€194,562▲ 41.0%
2025 · -€329,914
Working capital
-€19,867▲ 82.0%
2025 · -€110,087
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Operating result-€32,009--€193,527▼ 505%-€159,182▲ 17.7%-€309,612▼ 94.5%-€179,442▲ 42.0%
Net result-€174,903--€228,399▼ 30.6%-€239,863▼ 5.0%-€329,914▼ 37.5%-€194,562▲ 41.0%
Equity€8.2m-€13.5m▲ 64.0%€20.1m▲ 49.2%€27.0m▲ 34.1%€25.0m▼ 7.4%
Total assets€8.3m-€13.8m▲ 65.7%€20.3m▲ 47.5%€27.4m▲ 34.9%€25.4m▼ 7.4%
Debt€99,398-€304,942▲ 207%€227,115▼ 25.5%€463,782▲ 104%€430,635▼ 7.1%
Working capital€248,506-€6,379▼ 97.4%-€8,714-€110,087▼ 1,163%-€19,867▲ 82.0%
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 €179,442 in 2026 against €309,612 in 2025; the loss shrinks.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €25.4m
Fixed assets
€25.0m ▼ 7.7%
Current assets
€410,768 ▲ 16.1%
Equity and liabilities €25.4m
Equity
€25.0m ▼ 7.4%
Debt
€430,635 ▼ 7.1%
Debt's share of the balance-sheet total stays at 1.7%.
Key figures and ratios
Current ratio
0.95▲
2025 · 0.76
Debt to equity
0.02▲
2025 · 0.02
ROE
-0.8%▲
2025 · -1.2%
ROA
-0.8%▲
2025 · -1.2%
Debt ≤ 1 year
€430,635▼
2025 · €463,782
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Gross operating margin9900 | -€32,009 | -€193,527 | -€159,182 | -€309,612 | -€179,442 | ▲ 42.0% |
| Operating profit (loss)9901 | -€32,009 | -€193,527 | -€159,182 | -€309,612 | -€179,442 | ▲ 42.0% |
| Financial charges65/66B | €142,894 | €34,872 | €80,681 | €20,301 | €15,120 | ▼ 25.5% |
| Recurring financial charges65 | €142,894 | €34,872 | €80,681 | €20,301 | €15,120 | ▼ 25.5% |
| Profit (loss) for the period before taxes9903 | -€174,903 | -€228,399 | -€239,863 | -€329,914 | -€194,562 | ▲ 41.0% |
| Profit (loss) for the period9904 | -€174,903 | -€228,399 | -€239,863 | -€329,914 | -€194,562 | ▲ 41.0% |
| Profit (loss) for the period to be appropriated9905 | -€174,903 | -€228,399 | -€239,863 | -€329,914 | -€194,562 | ▲ 41.0% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8.3m | €13.8m | €20.3m | €27.4m | €25.4m | ▼ 7.4% |
| Fixed assets21/28 | €8.0m | €13.5m | €20.1m | €27.1m | €25.0m | ▼ 7.7% |
| Financial fixed assets28 | €8.0m | €13.5m | €20.1m | €27.1m | €25.0m | ▼ 7.7% |
| Current assets29/58 | €347,904 | €311,321 | €218,401 | €353,695 | €410,768 | ▲ 16.1% |
| Amounts receivable within one year40/41 | - | - | - | - | €2,031 | - |
| Trade receivables40 | - | - | - | - | €2,031 | - |
| Cash at bank and in hand54/58 | €347,904 | €311,321 | €218,401 | €353,695 | €408,737 | ▲ 15.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8.3m | €13.8m | €20.3m | €27.4m | €25.4m | ▼ 7.4% |
| Equity10/15 | €8.2m | €13.5m | €20.1m | €27.0m | €25.0m | ▼ 7.4% |
| Contributions10/11 | €8.4m | €13.9m | €20.8m | €27.9m | €26.1m | ▼ 6.5% |
| Profit (loss) carried forward14 | -€174,903 | -€403,301 | -€643,164 | -€973,078 | -€1.2m | ▼ 20.0% |
| Amounts payable17/49 | €99,398 | €304,942 | €227,115 | €463,782 | €430,635 | ▼ 7.1% |
| Amounts payable within one year42/48 | €99,398 | €304,942 | €227,115 | €463,782 | €430,635 | ▼ 7.1% |
| Trade debts44 | €19,407 | €22,276 | €24,110 | €108,522 | €61,314 | ▼ 43.5% |
| Suppliers440/4 | €19,407 | €22,276 | €24,110 | €108,522 | €61,314 | ▼ 43.5% |
| Other amounts payable47/48 | €79,991 | €282,666 | €203,005 | €355,260 | €369,321 | ▲ 4.0% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€174,903 | -€228,399 | -€239,863 | -€329,914 | -€194,562 | ▲ 41.0% |
| Operating cash flow (approximation) | -€174,903 | -€228,399 | -€239,863 | -€329,914 | -€194,562 | ▲ 41.0% |
| Investment in fixed assets (approximation) | - | -€5.5m | -€6.6m | -€7.0m | €2.1m | ▲ 130% |
| Change in cash | - | -€36,583 | -€92,920 | €135,294 | €55,042 | ▼ 59.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
2025
29-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Weakest financial yearnet -€329,914
Net result drops to -€329,914, the lowest in the series; recovery starts the following year.
31-03
Financial
Equity above €25mEq €27.0m ▲34.1%
Equity rises from €20.1m to €27.0m.
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
13-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Equity above €10mEq €13.5m ▲64%
Equity rises from €8.2m to €13.5m.
2022
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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 2021
Ground area
1.5 ha
Building footprint
3,529 m²
Volume, LiDAR
41,768 m³
Parcel 11051B0041/00W000, Flanders · tallest building 16.4 m, ±4 floors. Linked by address, not a title deed.
48
companies at this address
See who is registered here
1 establishment unit
IPF-I Feeder COMM V
since 20212.321.219.007
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11051B0041/00W000 | Flanders | 1.5 ha | 1 · 3,529 m² | 16.4 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 owner · 1 holdingOwners 1
-
share not stated
Stated earlier (1)
An older source named these owners; newer accounts no longer list them.
-
40.39%
Holdings 1
-
46.34%
According to the annual accounts to 31-03-2026 of IPF-I Feeder and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
549300G155JRAFJ3OE91
Identification & contact
Identification
Legal formLimited partnership
Founded03-05-2021
Fiscal year end31-03
E-invoicing
Reachable via Peppol
Peppol ID
0208:0767778358
Also
9925:BE0767778358
Registered
17-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.