IPMIR
ActiveSummary
IPMIR has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €172k and a net result of €6k. Equity is growing by ~3.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability46▼-54
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 55.05; short-term debt: 1.8% and cash: 0.1% of total assets), and 1.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 2025Solvency, return and age of the figures
Solvency
98.2%
Return on assets
3.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
22 d late
2022
87 d late
2021
30 d late
2020
89 d late
2019
28 d late
2018
92 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€172k▲ 3.5%
2024 · €166k
2018: €116k
2019: €111k▼ -4.5% vs 2018
2020: €108k▼ -2.8% vs 2019
2021: €108k▼ -0.5% vs 2020
2022: €104k▼ -3.1% vs 2021lowest value
2024: €166k
2025: €172k▲ +3.5% vs 2024highest value
2018 → 2025
Total assets
€176k▲ 5.3%
2024 · €167k
2018: €153k
2019: €141k▼ -8.2% vs 2018
2020: €131k▼ -7.2% vs 2019
2021: €124k▼ -5.3% vs 2020
2022: €114k▼ -8.1% vs 2021lowest value
2024: €167k
2025: €176k▲ +5.3% vs 2024highest value
2018 → 2025
Net result
€6k▼ 92.8%
2024 · €82k
2018: €4k
2019: €-5k▼ -218% vs 2018lowest value
2020: €-3k▲ +39.3% vs 2019
2021: €-570▲ +81.9% vs 2020
2022: €-3k▼ -494% vs 2021
2024: €82khighest value
2025: €6k▼ -92.8% vs 2024
2018 → 2025
Working capital
€172k▲ 3.5%
2024 · €166k
2018: €-32klowest value
2019: €-26k▲ +17.5% vs 2018
2020: €-19k▲ +28.7% vs 2019
2021: €-12k▲ +37.9% vs 2020
2022: €-7k▲ +36.7% vs 2021
2024: €166k
2025: €172k▲ +3.5% vs 2024highest value
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220242025Trend
Equity€108k-€108k▼ 0.5%€104k▼ 3.1%€166k▲ 59.9%€172k▲ 3.5%
2020: €108k
2021: €108k▼ -0.5% vs 2020
2022: €104k▼ -3.1% vs 2021lowest value
2024: €166k
2025: €172k▲ +3.5% vs 2024highest value
Operating result€-2k-€106€-3k€102k€-236
2020: €-2k
2021: €106▲ +104% vs 2020
2022: €-3k▼ -2549% vs 2021lowest value
2024: €102khighest value
2025: €-236▼ -100% vs 2024
Net result€-3k-€-570▲ 81.9%€-3k▼ 494%€82k€6k▼ 92.8%
2020: €-3k
2021: €-570▲ +81.9% vs 2020
2022: €-3k▼ -494% vs 2021lowest value
2024: €82khighest value
2025: €6k▼ -92.8% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €236 after €102k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €176k
Equity
€172k ▲ 3.5%
Debt
€3k ▲ 961%
Debt's share of the balance-sheet total rises from 0.2% to 1.8%. Equity and debt are higher.
Key figures and ratios
Current ratio
55.05
Debt to equity
0.02▲
2024 · 0.00
ROE
3.4%▼
2024 · 49.4%
ROA
3.4%▼
2024 · 49.3%
Debt ≤ 1 year
€3k▲
2024 · €301
Income taxes
€3k▼
2024 · €22k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€167k€176k▲
Current assets29/58€167k€176k▲
Amounts receivable within one year40/41€166k€175k▲
Trade receivables40€64-
Other amounts receivable41€166k€175k▲
Current investments50/53€3€3▼
Cash at bank and in hand54/58€382€183▼
Equity and liabilities
Total equity and liabilities10/49€167k€176k▲
Equity10/15€166k€172k▲
Contributions10/11€59k€59k=
Capital10€59k€59k=
Issued capital100€59k€59k=
Reserves13€88k€94k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€82k€88k▲
Profit (loss) carried forward14€20k€20k=
Amounts payable17/49€301€3k▲
Amounts payable within one year42/48€301€3k▲
Trade debts44€301€237▼
Suppliers440/4€301€237▼
Taxes, remuneration and social security45-€3k
Taxes450/3-€3k
Income statement
Code20242025
Other operating charges640/8€164-
Gross operating margin9900€102k€-236▼
Operating profit (loss)9901€102k€-236▼
Financial income75/76B€3k€9k▲
Recurring financial income75€3k€9k▲
Financial charges65/66B€135€29▼
Recurring financial charges65€135€29▼
Profit (loss) for the period before taxes9903€105k€9k▼
Income taxes67/77€22k€3k▼
Profit (loss) for the period9904€82k€6k▼
Profit (loss) for the period to be appropriated9905€82k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€102k€26k▼
Profit (loss) brought forward from the previous period14P€20k€20k=
Transfer to equity691/2€82k€6k▼
To other reserves6921€82k€6k▼
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | €8k | €8k | - | - | - |
| Other operating charges640/8 | - | €2k | €855 | €164 | - | - |
| Gross operating margin9900 | €10k | €10k | €6k | €102k | €-236 | ▼ 100% |
| Operating profit (loss)9901 | €-2k | €106 | €-3k | €102k | €-236 | ▼ 100% |
| Financial income75/76B | - | - | - | €3k | €9k | ▲ 211% |
| Recurring financial income75 | €0 | - | - | €3k | €9k | ▲ 211% |
| Financial charges65/66B | - | €175 | €189 | €135 | €29 | ▼ 78.6% |
| Recurring financial charges65 | €167 | €175 | €189 | €135 | €29 | ▼ 78.6% |
| Profit (loss) for the period before taxes9903 | €-3k | €-70 | €-3k | €105k | €9k | ▼ 91.5% |
| Income taxes67/77 | €498 | €500 | €612 | €22k | €3k | ▼ 86.8% |
| Profit (loss) for the period9904 | €-3k | €-570 | €-3k | €82k | €6k | ▼ 92.8% |
| Profit (loss) for the period to be appropriated9905 | €-3k | €-570 | €-3k | €82k | €6k | ▼ 92.8% |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €131k | €124k | €114k | €167k | €176k | ▲ 5.3% |
| Fixed assets21/28 | €127k | €119k | €111k | - | - | - |
| Tangible fixed assets22/27 | €126k | €119k | €111k | - | - | - |
| Land and buildings22 | - | €119k | €111k | - | - | - |
| Financial fixed assets28 | €323 | €323 | €323 | - | - | - |
| Current assets29/58 | €4k | €5k | €2k | €167k | €176k | ▲ 5.3% |
| Amounts receivable within one year40/41 | €2k | €2k | €2k | €166k | €175k | ▲ 5.4% |
| Trade receivables40 | - | - | - | €64 | - | - |
| Other amounts receivable41 | - | €2k | €2k | €166k | €175k | ▲ 5.4% |
| Current investments50/53 | €4 | €4 | €3 | €3 | €3 | ▼ 4.7% |
| Cash at bank and in hand54/58 | €593 | €1k | - | €382 | €183 | ▼ 52.0% |
| Deferred charges and accrued income490/1 | - | €1k | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €131k | €124k | €114k | €167k | €176k | ▲ 5.3% |
| Equity10/15 | €108k | €108k | €104k | €166k | €172k | ▲ 3.5% |
| Contributions10/11 | €59k | €59k | €59k | €59k | €59k | = |
| Capital10 | - | €59k | €59k | €59k | €59k | = |
| Issued capital100 | - | €59k | €59k | €59k | €59k | = |
| Reserves13 | €6k | €6k | €6k | €88k | €94k | ▲ 6.7% |
| Non-distributable reserves130/1 | - | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | - | €6k | €6k | €6k | €6k | = |
| Distributable reserves133 | - | - | - | €82k | €88k | ▲ 7.2% |
| Profit (loss) carried forward14 | €44k | €43k | €40k | €20k | €20k | = |
| Amounts payable17/49 | €23k | €16k | €10k | €301 | €3k | ▲ 961% |
| Amounts payable within one year42/48 | €23k | €16k | €10k | €301 | €3k | ▲ 961% |
| Financial debts43 | - | - | €8 | - | - | - |
| Credit institutions430/8 | - | - | €8 | - | - | - |
| Trade debts44 | - | €95 | €152 | €301 | €237 | ▼ 21.2% |
| Suppliers440/4 | - | €95 | €152 | €301 | €237 | ▼ 21.2% |
| Taxes, remuneration and social security45 | - | €999 | €1k | - | €3k | - |
| Taxes450/3 | - | €999 | €1k | - | €3k | - |
| Other amounts payable47/48 | - | €15k | €8k | - | - | - |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-3k | €-570 | €-3k | €82k | €6k | ▼ 92.8% |
| + Depreciation and write-downs630 | €11k | €8k | €8k | - | - | - |
| Operating cash flow (approximation) | €8k | €7k | €4k | €82k | €6k | ▼ 92.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - |
| Change in cash | - | €453 | - | - | €-199 | - |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
31-12
Financial
Back to profitnet €82k
Net result €82k after 4 loss-making years.
31-12
Financial
Liquidity times 2415current ratio 554.69
Current ratio from 0.23 to 554.69; short-term debt falls from €10k to €301.
31-12
Financial
Equity above €150kEq €166k ▲59.9%
Equity rises from €104k to €166k.
2023
26-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 87 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 92 days late
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 92 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
2016
20-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Sint-Pieters-Woluwe · 1 establishment unit since 2005
Ground area
2,566 m²
Building footprint
974 m²
Volume, LiDAR
23,852 m³
Parcel 21019A0206/00R005, Brussels · tallest building 28.5 m, ±9 floors. Linked by address, not a title deed.
87
companies at this address
See who is registered here
1 establishment unit
IPMIR
since 20052.145.812.620
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21019A0206/00R005 | Brussels | 2,566 m² | 1 · 974 m² | 28.5 m · 9 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded08-02-2005
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.