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IPNG

Active Public limited companyfounded 2000active for 26 yearsGillebulk 6, 9830 Sint-Martens-LatemKBO/BCE: BE 0472.224.506
IPNG
Financial year 2025
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Annual accounts 2025

full format, filed on 24-06-2026, 37 days before the deadline
€100,527
▲ 176%
€98,407
▲ 185%
€64,159
▲ 607%
€348,316
▲ 24.9%
73.2%
▲ 36.9 percentage points
3.89
▲ 2.32

The turnover shown is an estimate from the gross margin.

Turnover ≈ €210,000. Estimated: probably between €130,000 and €490,000.

Balance sheet

balance sheet total €469,062 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

73.2%

Higher than 76% of 5,810 companies in 2025.

3.89

Higher than 76% of 5,561 companies in 2025.

13.7%

Higher than 91% of 5,784 companies in 2025.

IPNG Middle half of the sector 80% of the sector Full accounts in real estate (NACE 68)

Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half · Staff: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 469,062769,464551,230418,838415,823207,517222,103332,835490,931355,279542,444396,0551.4m602,211850,856607,334391,556353,141590,379348,941
21/28 565656564748931,3123,1292,8544,2525,6515721,0879751,6249996745,52310,37315,222
22/27 ----4198371,2563,0732,7984,1975,5965161,0319191,5689446185,46810,31715,166
23 -----------2615221555499446187739281,082
24 ----4198371,2563,0732,7984,1975,5962555107641,019--4,6959,38914,084
28 5656565656565656565656565656565656565656
29/58 469,006769,408551,174418,782415,348206,624220,792329,706488,078351,026536,792395,4831.4m601,237849,232606,335390,881347,617580,006333,719
3 337,221740,619455,422219,013194,021--222,386402,725251,775518,829145,998866,670337,125513,449470,275281,155131,632-94,026
30/36 337,221740,619455,422219,013194,021--222,386402,725251,775518,829145,998866,670337,125513,449470,275281,155131,632-94,026
40/41 10,3004,00010,235184,17856016,2683,0502,1713,23941,557302,907309,2632,201157,6202,62682,710121,194548,798215,973
40 10,3004,000----735--8,494--308,541-155,000--121,151548,000185,000
41 -010,235184,17856016,2682,3152,1713,23933,063302,9077222,2012,6202,62682,7104279830,973
50/53 03333333311,23511,22419,04218,95718,60518,33418,50718,50118,22917,57817,578
54/58 120,62724,31283,81614,157190,839185,353217,738104,28981,25545,6196,710226,704206,217242,48639,515114,1377,7526,5535,4125,912
490/1 8584741,6971,43129,9255,000-857856840-833813819120,31479076470,0108,218230
Balance sheet: equity and liabilities
10/49 469,062769,464551,230418,838415,823207,517222,103332,835490,931355,279542,444396,0551.4m602,211850,856607,334391,556353,141590,379348,941
10/15 343,197279,038269,968256,680211,359194,363216,488322,277256,920174,940158,018242,371227,221221,014197,244176,042148,521137,445125,393119,367
10/11 62,00062,00062,00062,00062,00062,00062,000178,100178,100178,100178,100178,100178,10062,00062,00062,00062,00062,00062,00062,000
10 62,00062,00062,00062,00062,000---------------
100 62,00062,00062,00062,00062,00062,00062,000178,100178,100178,100178,100178,100178,10062,00062,00062,00062,00062,00062,00062,000
13 303,322239,163230,092216,805171,484154,488154,488144,17778,82064,27164,27164,27149,121159,014135,244114,04286,52175,44563,39357,367
130/1 6,2006,2006,2006,2006,2006,200--------------
130 6,2006,2006,2006,2006,2006,2006,20011,9088,6407,9137,9137,9137,1556,2006,2006,2006,2006,2006,2006,200
133 297,122232,963223,892210,605165,284148,288148,288132,26970,18056,35956,35956,35941,966152,814129,044107,84280,32169,24557,19351,167
14 -22,125-22,125-22,125-22,125-22,125-22,125----67,431-84,353---------
17/49 125,865490,425281,262162,158204,46313,1545,61510,558234,011180,338384,426153,6831.2m381,197653,612431,292243,034215,696464,986229,574
42/48 120,690490,425280,722127,077204,00312,9965,58710,450233,961179,859384,347153,2741.2m381,197651,358429,126241,754214,624456,484228,577
42 -------------------9,253
43 0285,000137,400-----108,000168,000340,500-498,00041543,787258,000131,433169,600250,000-
430/8 0285,000137,400-----108,000168,000340,500-498,00041543,787258,000131,433169,600250,000-
44 4,6052,3151,8982,175193,8644,011-1,198117,09698089140,640412,321339,1095,936148,132100,1064,350138,503195,412
440/4 4,6052,3151,8982,175193,8644,011-1,198117,09698089140,640412,321339,1095,936148,132100,1064,350138,503195,412
45 11,42813,4287,18815,4424,6538,0684,4567,9768,86510,87865712,35014,86016,49115,09721,8619,9315,86132220,525
450/3 11,42810,7094,50015,4421,9785,3934,4567,9768,86510,87865712,35014,86016,49115,09715,6406,4165,86132220,525
454/9 02,7192,687-2,6752,675---------6,2213,515---
47/48 104,657189,682134,236109,4615,4869171,1311,276--43,101284242,03625,55686,5381,13328434,81367,6593,386
492/3 5,174054035,0804601592810750480784098,570-2,2552,1661,2801,0718,502998
Income statement
76A ---------1,000248--1514,9755,9101021,299731398
9900 100,52736,40421,23673,69821,011-20,42818,57298,37396,67427,269-76,69044,20437,48257,07547,89258,42535,61053,73918,84259,646
630 --04194194191,8181,8171,3991,3991,9155166706496493954,8494,8494,8494,849
640/8 2,1201,9221,8411,0776336101,4431,4371,1921,1078953,0241,7813,2313,2425,5521,5211,782284333
66A --------1,000900------66026,965-3,033
9901 98,40734,48219,39472,20319,959-21,45715,31295,11893,08323,863-79,49940,66335,03153,19444,00152,47929,24047,10813,70954,464
75/76B 032208408--28941283866621,4681,0832,3515251,4251,932431451
75 032208408--28941283866621,4681,0832,3515251,4251,932431451
65/66B 9,91721,8106815,4471,3925825454,2983,3266,8695,28822,03011,55721,89323,79723,32216,5718,9908,52314,363
65 9,91721,8106815,4471,3925825454,2983,3266,8695,28822,03011,55721,89323,79723,32216,5718,9908,52314,363
9903 88,49012,99518,71366,76418,975-22,03814,76791,11089,79817,022-84,15319,29524,94232,53527,53035,59313,53514,3836,34837,917
67/77 24,3323,9245,42621,4431,978864,45625,7537,8181002004,1455,8358,7656,3288,0712,4592,33132215,003
9904 64,1599,07113,28745,32116,996-22,12510,31165,35781,98016,922-84,35315,15019,10723,77021,20227,52111,07612,0526,02622,914
9905 64,1599,07113,28745,32116,996-22,12510,31165,35781,98016,922-84,35315,15019,10723,77021,20227,52111,07612,0526,02622,914
Appropriation of the result
9906 42,034-13,054-8,83823,196-5,128-22,12510,31165,35714,549-67,431-84,35315,15019,10723,77021,20227,52111,07612,0526,02622,914
14P -22,125-22,125-22,125-22,125-22,125---------------
791/2 ------------129,000-------
691/2 64,1599,07113,28745,32116,996-10,31165,35714,549--15,15019,10723,77021,20227,52111,07612,0526,02622,914
6920 -------3,268727--758955-------
6921 64,1599,07113,28745,32116,996-10,31162,08913,821--14,39318,15223,77021,20227,52111,07612,0526,02622,914
694/7 ------------129,000-------
694 ------------129,000-------
Social balance sheet
9087 00------------------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 6 older financial years (2000-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 24-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 full format 24-06-2026 2026-00196469 PDF
31-12-2024 abbreviated format 06-06-2025 2025-00125116 PDF
31-12-2023 micro format 03-06-2024 2024-00112752 PDF
31-12-2022 micro format 20-06-2023 2023-00139386 PDF
31-12-2021 micro format 15-07-2022 2022-20197259 PDF
31-12-2020 micro format 14-06-2021 2021-19800585 PDF
31-12-2019 micro format 15-06-2020 2020-18100313 PDF
31-12-2018 micro format 02-07-2019 2019-27600023 PDF
31-12-2017 micro format 29-05-2018 2018-14600075 PDF
31-12-2016 micro format 23-05-2017 2017-13200242 PDF
31-12-2015 abbreviated format 27-06-2016 2016-23000263 PDF
31-12-2014 abbreviated format 08-06-2015 2015-15800400 PDF
31-12-2013 abbreviated format 16-06-2014 2014-18300100 PDF
31-12-2012 abbreviated format 13-06-2013 2013-18200322 PDF
31-12-2011 abbreviated format 06-06-2012 2012-15500111 PDF
31-12-2010 abbreviated format 23-06-2011 2011-21000382 PDF
31-12-2009 abbreviated format 09-06-2010 2010-16900218 PDF
31-12-2008 abbreviated format 29-05-2009 2009-17600240 PDF
31-12-2007 abbreviated format 11-06-2008 2008-22100030 PDF
31-12-2006 abbreviated format 31-05-2007 2007-17500025 PDF
31-12-2005 abbreviated format 31-05-2006 2006-18301767 PDF
31-12-2004 abbreviated format 08-06-2005 2005-22602248 PDF
31-12-2003 abbreviated format 11-06-2004 2004-23603538 PDF
31-12-2002 abbreviated format 04-06-2003 2003-19600037 PDF
31-12-2001 abbreviated format 31-05-2002 2002-16002587 PDF
31-12-2000 abbreviated format 06-06-2001 2001-18004664 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
--19,39472,62220,377-21,03817,12996,93694,48225,262-77,58541,17935,70153,84444,65152,87334,08951,95718,55859,313
--13,28745,74017,415-21,70612,12867,17583,37918,321-82,43915,66619,77824,41921,85127,91615,92516,90110,87527,763
0-000002,093006,994078301,274720000-
96,315-59,50469,659-176,6825,486-32,386113,44923,03435,63638,910-219,99520,487-36,269202,971-74,622106,3851,1991,141-500-
348,316278,983270,452291,705211,345193,629215,204319,255254,116171,167152,445242,209234,704220,039197,875177,209149,127132,993123,522105,143
73.2%36.3%49.0%61.3%50.8%93.7%97.5%96.8%52.3%49.2%29.1%61.2%16.2%36.7%23.2%29.0%37.9%38.9%21.2%34.2%
3.891.571.963.302.0415.9039.5231.552.091.951.402.581.201.581.301.411.621.621.271.46
1.090.060.341.571.0815.9039.5210.270.360.550.051.630.460.690.520.320.451.011.271.05
0.371.761.040.630.970.070.030.030.911.032.430.635.171.723.312.451.641.573.711.92
18.7%3.3%4.9%17.7%8.0%-11.4%4.8%20.3%31.9%9.7%-53.4%6.3%8.4%10.8%10.7%15.6%7.5%8.8%4.8%19.2%
13.7%1.2%2.4%10.8%4.1%-10.7%4.6%19.6%16.7%4.8%-15.6%3.8%1.4%3.9%2.5%4.5%2.8%3.4%1.0%6.6%
--28.4813.3314.64---------------

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Financial fixed assets€0----
--€0€419€419

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on IPNG

The operating result for 2025 is 185% higher than in 2024 and the highest since 2006. It is the second rise in a row, after the fall in 2023.

Debt's share of the balance-sheet total falls from 63.7% to 26.8%. Equity is higher and debt is lower.

Next steps

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