IPLG
InactiveSignals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 15-07-2026, 16 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
16 d early
2024
17 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 17 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 (1)
History
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€145▼ 99.8%
2024 · €79,037
Working capital
€20,279
2024 · -€408
Trend over the years
In euros
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20242025
Operating result€122,505-€27,988▼ 77.2%
Net result€79,037-€145▼ 99.8%
Equity€140,537-€140,682▲ 0.1%
Total assets€1.6m-€998,745▼ 39.1%
Debt€1.5m-€858,062▼ 42.8%
Working capital-€408-€20,279
Staff (FTE)11.7-13.4▲ 14.5%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 77% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €998,745
Fixed assets
€326,788 ▼ 26.7%
Current assets
€671,956 ▼ 43.8%
Equity and liabilities €998,745
Equity
€140,682 ▲ 0.1%
Debt
€858,062 ▼ 42.8%
Debt's share of the balance-sheet total falls from 91.4% to 85.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€105,931▼
2024 · €184,635
Cash flow
€78,088▼
2024 · €141,167
Current ratio
1.03▲
2024 · 1.00
Debt to equity
6.10▼
2024 · 10.67
ROE
0.1%▼
2024 · 56.2%
ROA
0.0%▼
2024 · 4.8%
Interest coverage
7.37▼
2024 · 17.46
Debt ≤ 1 year
€651,677▼
2024 · €1.2m
Debt > 1 year
€200,686▼
2024 · €297,995
Income taxes
€13,668▼
2024 · €32,894
Staff costs
€1.0m▲
2024 · €741,794
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Non-recurring operating income76A | €12,511 | €14,555 | ▲ 16.3% |
| Remuneration, social security and pensions62 | €741,794 | €1.0m | ▲ 40.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €62,130 | €77,944 | ▲ 25.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €40,444 | -€36,513 | ▼ 190% |
| Other operating charges640/8 | €22,639 | €41,876 | ▲ 85.0% |
| Non-recurring operating charges66A | - | €3,278 | - |
| Gross operating margin9900 | €989,512 | €1.2m | ▲ 17.1% |
| Operating profit (loss)9901 | €122,505 | €27,988 | ▼ 77.2% |
| Financial income75/76B | €0 | €192 | ▲ 479,700% |
| Recurring financial income75 | €0 | €192 | ▲ 479,700% |
| Financial charges65/66B | €10,574 | €14,367 | ▲ 35.9% |
| Recurring financial charges65 | €10,574 | €14,367 | ▲ 35.9% |
| Profit (loss) for the period before taxes9903 | €111,932 | €13,813 | ▼ 87.7% |
| Income taxes67/77 | €32,894 | €13,668 | ▼ 58.4% |
| Profit (loss) for the period9904 | €79,037 | €145 | ▼ 99.8% |
| Profit (loss) for the period to be appropriated9905 | €79,037 | €145 | ▼ 99.8% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €1.6m | €998,745 | ▼ 39.1% |
| Fixed assets21/28 | €445,677 | €326,788 | ▼ 26.7% |
| Tangible fixed assets22/27 | €445,677 | €326,788 | ▼ 26.7% |
| Plant, machinery and equipment23 | €77,120 | €41,348 | ▼ 46.4% |
| Furniture and vehicles24 | €89,273 | €41,476 | ▼ 53.5% |
| Leasing and similar rights25 | €277,679 | €242,529 | ▼ 12.7% |
| Other tangible fixed assets26 | €1,604 | €1,435 | ▼ 10.5% |
| Current assets29/58 | €1.2m | €671,956 | ▼ 43.8% |
| Stocks and contracts in progress3 | €258,279 | €0 | ▼ 100% |
| Stocks30/36 | €258,279 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €850,521 | €626,713 | ▼ 26.3% |
| Trade receivables40 | €806,329 | €618,743 | ▼ 23.3% |
| Other amounts receivable41 | €44,192 | €7,970 | ▼ 82.0% |
| Cash at bank and in hand54/58 | €58,795 | €31,216 | ▼ 46.9% |
| Deferred charges and accrued income490/1 | €27,370 | €14,027 | ▼ 48.8% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €1.6m | €998,745 | ▼ 39.1% |
| Equity10/15 | €140,537 | €140,682 | ▲ 0.1% |
| Contributions10/11 | €61,500 | €61,500 | = |
| Capital10 | €61,500 | €61,500 | = |
| Issued capital100 | €61,500 | €61,500 | = |
| Reserves13 | €6,150 | €6,150 | = |
| Non-distributable reserves130/1 | €6,150 | €6,150 | = |
| Legal reserve130 | €6,150 | €6,150 | = |
| Profit (loss) carried forward14 | €72,887 | €73,032 | ▲ 0.2% |
| Amounts payable17/49 | €1.5m | €858,062 | ▼ 42.8% |
| Amounts payable after more than one year17 | €297,995 | €200,686 | ▼ 32.7% |
| Financial debts170/4 | €297,995 | €200,686 | ▼ 32.7% |
| Amounts payable within one year42/48 | €1.2m | €651,677 | ▼ 45.5% |
| Current portion of amounts payable after more than one year42 | €98,748 | €97,308 | ▼ 1.5% |
| Trade debts44 | €766,716 | €446,690 | ▼ 41.7% |
| Suppliers440/4 | €766,716 | €446,690 | ▼ 41.7% |
| Advances received on contracts in progress46 | €134,498 | €73,013 | ▼ 45.7% |
| Taxes, remuneration and social security45 | €143,279 | €22,969 | ▼ 84.0% |
| Taxes450/3 | €44,221 | €6,674 | ▼ 84.9% |
| Remuneration and social security454/9 | €99,058 | €16,295 | ▼ 83.5% |
| Other amounts payable47/48 | €52,133 | €11,697 | ▼ 77.6% |
| Accrued charges and deferred income492/3 | €6,736 | €5,699 | ▼ 15.4% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €79,037 | €145 | ▼ 99.8% |
| + Depreciation and write-downs630 | €62,130 | €77,944 | ▲ 25.5% |
| Operating cash flow (approximation) | €141,167 | €78,088 | ▼ 44.7% |
| Investment in fixed assets (approximation) | - | €40,945 | - |
| Change in cash | - | -€27,579 | - |
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 2026, expected by
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
30-01
State Gazette act
Restructuring · End & cessationMerger · Dissolution · Share issue8 facts ▸
State Gazette act
Restructuring · End & cessation
Merger · Dissolution · Share issue8 facts ▸
- General meeting, 30-12-2025
- Merger, absorption, 01-01-2026
- Dissolution, 30-12-2025
- Share issue, 65, 946,15 EUR
- Net-asset statement, 31-10-2025
- Accounting effect, 01-01-2026
- Power of attorney, les administrateurs de la société
- Merger project, 07-11-2025
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
State Gazette actNBB filing
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Structure & network
Owners and holdings
1 ownerChain of control
- IP GROUPE
- IPLG
Highest known parent: IP GROUPE. The sources do not say who stands above it.
Owners 1
- IP GROUPEparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts 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.
Acquisitions and mergers
1 transactionTaken over by:ISEO PROJECTION