IPN
ActiveSummary
The computed 12-month bankruptcy probability of IPN is 4.0% (elevated). The 2024 annual accounts show equity of €101,870 and a net result of €3,963. Its solvency ranks better than 56% of 35,966 sector peers (NACE 43, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 22-06-2023 Normal situation
- Activity
- General electrical installation work NACE 43211and 1 other
- Establishment unit
- 2.346.345.173 9890 Gavere, since 22-06-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 18-06-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 4.0%
- Gross margin
- €47,152
- ▼ 72.5%
- Turnover
- ≈ €220,000
- estimated
- Profit
- €3,963
- ▼ 96.8%
- Equity
- €101,870
- ▲ 4.0%
- Total assets
- €198,119
- ▲ 19.7%
- 2025 accounts not filed, 96 days past the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 13-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 71 days late; 2 of the last 3 accounts lateFounded in 2023lowers riskLiquidity: current ratio 1.47, cash €56,747Show the evidence
Checked score
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 56% of them on solvency, 66% on liquidity, 40% on profitability and 45% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 66 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 4 November 2026.
Annual accounts 2024 filed on 10-10-2025 PDF all 2 filings
Every figure per financial year
The operating result for 2024 is 97% lower than in 2023.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2023 | 2024 |
|---|---|---|
| Tangible fixed assets | €113,100 | €31,008 |
| Depreciation and write-downs of the year | €19,890 | €41,336 |
Source: notes to the 2023 to 2024 annual accounts (statement of fixed assets)
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,890 | €41,336 | ▲ 108% |
| Other operating charges640/8 | €777 | €1,094 | ▲ 40.7% |
| Gross operating margin9900 | €171,173 | €47,152 | ▼ 72.5% |
| Operating profit (loss)9901 | €150,505 | €4,722 | ▼ 96.9% |
| Financial income75/76B | €1,037 | €648 | ▼ 37.5% |
| Recurring financial income75 | €1,037 | €648 | ▼ 37.5% |
| Financial charges65/66B | - | €339 | - |
| Recurring financial charges65 | - | €339 | - |
| Profit (loss) for the period before taxes9903 | €151,542 | €5,031 | ▼ 96.7% |
| Income taxes67/77 | €26,635 | €1,069 | ▼ 96.0% |
| Profit (loss) for the period9904 | €124,907 | €3,963 | ▼ 96.8% |
| Profit (loss) for the period to be appropriated9905 | €124,907 | €3,963 | ▼ 96.8% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €165,526 | €198,119 | ▲ 19.7% |
| Fixed assets21/28 | €93,210 | €82,881 | ▼ 11.1% |
| Tangible fixed assets22/27 | €93,210 | €82,881 | ▼ 11.1% |
| Land and buildings22 | €16,475 | €9,808 | ▼ 40.5% |
| Plant, machinery and equipment23 | €60,177 | €62,734 | ▲ 4.2% |
| Furniture and vehicles24 | €16,557 | €10,339 | ▼ 37.6% |
| Current assets29/58 | €72,316 | €115,237 | ▲ 59.4% |
| Amounts receivable within one year40/41 | €67,752 | €58,491 | ▼ 13.7% |
| Trade receivables40 | €42,743 | €51,150 | ▲ 19.7% |
| Other amounts receivable41 | €25,009 | €7,341 | ▼ 70.6% |
| Cash at bank and in hand54/58 | €2,859 | €56,747 | ▲ 20× |
| Deferred charges and accrued income490/1 | €1,705 | €0 | ▼ 100% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €165,526 | €198,119 | ▲ 19.7% |
| Equity10/15 | €97,907 | €101,870 | ▲ 4.0% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €94,907 | €98,870 | ▲ 4.2% |
| Amounts payable17/49 | €67,618 | €96,249 | ▲ 42.3% |
| Amounts payable within one year42/48 | €64,629 | €78,310 | ▲ 21.2% |
| Trade debts44 | €7,994 | €3,938 | ▼ 50.7% |
| Suppliers440/4 | €7,994 | €3,938 | ▼ 50.7% |
| Taxes, remuneration and social security45 | €26,635 | €27,704 | ▲ 4.0% |
| Taxes450/3 | €26,635 | €27,704 | ▲ 4.0% |
| Remuneration and social security454/9 | - | €0 | - |
| Other amounts payable47/48 | €30,000 | €46,668 | ▲ 55.6% |
| Accrued charges and deferred income492/3 | €2,989 | €17,939 | ▲ 500% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €124,907 | €3,963 | ▼ 96.8% |
| + Depreciation and write-downs630 | €19,890 | €41,336 | ▲ 108% |
| Operating cash flow (approximation) | €144,798 | €45,299 | ▼ 68.7% |
| Investment in fixed assets (approximation) | - | -€31,008 | - |
| Change in cash | - | €53,888 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,546 companies had the same profile as IPN has now. Two years later, 94.3% were still going and 2.3% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of IPN itself is higher: 4.0% within 12 months. It rests on far more data about IPN than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,546 companies, not a prediction for IPN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Owners and capital
Shareholders
- NYS Pieter 30 shares (100%) · €3,000
Capital transactions
- 26-06-2023 Incorporation · €3,000 · 30 shares
- 26-06-2023 Incorporation · 30 shares
Articles of association
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 26-06-2023 (in Dutch)
Network & group
IPN shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of IPN. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
26-06
Gazette deed
IncorporationStarting capital €3,000 · Appointment: NYS Pieter (director) · Founder13 points ▸
- Founder, NYS Pieter (comparant,oprichter)
- Incorporation, 16-06-2023
- Other provision, “wettelijke samenwoning, wettelijk samenwonende partner van mevrouw VAN NUFFEL Maja Elke” (deed in Dutch)
- Other provision, “financieel plan, bedrag van het aanvangsvermogen verantwoord” (deed in Dutch)
- Other provision, “aansprakelijkheid oprichter bij faillissement, faillissement binnen drie jaar na verkrijging rechtspersoonlijkheid indien aanvangsvermogen kennelijk ontoereiken…” (deed in Dutch)
- Founding capital, €3,000
- Bank account, “bijzondere rekening geopend namens vennootschap in oprichting”, EUR (deed in Dutch)
- Founding capital
- Other provision, “slot- en overgangsbepalingen, comparant” (deed in Dutch)
- Registered office clause, “9890 Gavere(Semmerzake),Grotenbroekstraat 144” (deed in Dutch)
- Board rule, 1, “onbepaalde duur” (deed in Dutch)
- Director appointment, NYS Pieter (director)
- The act holds 1 more point.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
48 activities
- Algemene aannemingen van bouwwerken,alle bouw- en vernieuwbouwwerken,alle ruwbouwwerken en onder dak brengen van gebouwen,de volledige afwerking ervan,ongeacht de materialen die hiervoor gebruikt worden
- Coördinatie van de diverse bouwactiviteiten en deze leiden tot de volledige afwerking ervan
- Alle metsel-,bekistings-,wapenings- en betonneringswerken aan gebouwen,de funderingen,het bouwen en plaatsen van geprefabriceerde elementen,evenals de veranderings- of herstellingswerken in metselwerk of beton aan deze gebouwen of bouwwerken en de voeg- en dichtingswerken door bijvoorbeeld injectie of door waterdichte mortel
- Vervaardiging,plaatsing en herstelling van pijpleidingen,zowel voor industrieel als particulier gebruik
- Plaatsen en herstellen van centrale verwarming,met warm water en stroom
- Alle metaalwerk,laswerk,metaalconstructies,machinebouw en ketelbouw
- Alle thermische en geluidsisolatiewerken
- Droogzuigingen,irrigatiewerken en draineringswerken,zoals het ruimen van onbevaarbare waterlopen,het graven en onderhouden van vijvers,rivieren en waterlopen
- Alle werken inzake geluids- en warmte-isolatie,lichte scheidingswanden,valse plafonds en valse vloeren,al dan niet geprefabriceerd
- Alle schrijnwerkerij,met inbegrip van vervaardigen,herstellen en plaatsen van houten spanten en trappen,houtwormbehandeling,drogen van hout en houten vensterluiken
- Alle marmer- en steenhouwerswerk,inclusief bewerking en plaatsing,ongeacht materiaalsoort
- Alle smeedwerk,plaatsing en herstelling ervan
- Alle dakbedekking- en dichtingswerken in asfalt of gelijkaardige producten
- Alle tegelwerken,ongeacht materiaalsoort
- Alle pleister- en raapwerken,ongeacht materiaalsoort,zowel binnenin of buiten
- Alle werken,herstellingen en vervangingen van niet uit metaal of uit asfalt bestaande bedekkingen van gebouwen of onderdelen ervan,zoals pannen,kunst- en natuurleien,platen of pannen uit synthetisch materiaal vervaardigd
- Het bedekken van oppervlakten van gebouwen of kunstwerken met verf,vernis of andere vloeibare producten met het oog op de bescherming of de verfraaiing ervan,met inbegrip van de voorafgaande behandeling van de te bedekken oppervlakten en alle behang- en garneerwerken
- Alle glazenmakerijwerken
- Alle parketwerken en het plaatsen van alle houten wand- en vloerbedekkingen
- Elke installatie van sanitair,verwarmingsinstallaties met gas,door middel van individuele toestellen,brandbestrijdingsnetten met vloeistoffen,gas- en vloeistoffen,distributie in laboratoria,ziekenhuizen,grootkeukens en dergelijke
- Plaatsen en herstellen van alle laboratoriuminrichtingen,uitrusting van operatiezalen en hydrofoorgroepen
- Installatie,herstelling en onderhoud van elke centrale verwarming,thermische installaties en alle soorten branders
- Algemene elektriciteitswerken en het plaatsen en uitvoeren van alle elektrische installaties
- Onderneming voor de installatie van elektrische bedrading,hulpvoedingssystemen,bedrading van telefooninstallaties en computersystemen,elektrische verwarmingsinstallaties,liften,roltrappen,en alle toebehoren
- Onderneming voor de installatie van bewakingssystemen en alarminstallaties tegen diefstal
- Onderneming voor de installatie van antennes en bliksemafleiders
- Installatie van airconditioning
- Installatie van koelinstallaties
- Alle werken inzake ventilatie,luchtverwarming en –koeling
- Alle metalen en kunststofschrijnwerkerij
- Alle werken inzake reiniging en opknappen van gevels,ongeacht gebruikte methodes,en inzake bescherming ervan met impregneringsproducten
- Alle sanerings-en instandhoudingswerken,alsook het in oorspronkelijke staat terugbrengen van monumenten,historische gebouwen,landschappen,stads- en dorpsgezichten,al dan niet behorende tot het kunstpartrimonium
- Alle muurbekleding- en vloerbedekkingswerken
- Alle industriële vloerbedekkingswerken,zoals vloerbeschermingslagen,vloerbedekkingen met monolitisch karakter op basis van asfalt- of synthetische mortel,industriële kunstharsbedekkingen
- Plaatsen,herstellen onderhouden en wegnemen van afsluitingen
- Alle werken inzake betonboring,zagen,hakken en trekken van sleuven in gebouwen en wegen
- Alle betonherstellingswerken,uitgevoerd met cement,zand,beton of andere materialen
- Optrekken,herstellen en afbreken van fabrieksschouwen en ovens
- Invoegen van gevels
- Alle zink- en loodwerken met alle metalen muurbekledingen en dakbedekkingen van gebouwen
- Alle zandstralingswerken van vloeren,gebouwen,materiaal en andere
- Alle decoratie- en beschermingswerken van metalen
- Alle werken inzake optrekken van niet metalen uitneembare paviljoenen en barakken
- Alle plaatsingswerken voor bliksemafleiders
- Alle vervaardigings- en plaatsingswerken voor lichtreclame
- Alle vervaardigings- en plaatsingswerken voor zonnewering en vlaggenmasten
- Alle reinigings- en ontsmettingswerken inzake woongelegenheid,septische putten en alle mogelijke materialen en voorwerpen
- Machinebouw: ontwerp,uitwerking,bouw,verkoop en verhuur,plaatsing,onderhoud en herstelling van machines
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0803.025.881
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44060A0389/00G000 | Flanders | 1,224 m² | 1 · 263 m² | 3.9 m · 1 |