Equity
Equity fell by 92% in 2 years.
Equity fell by 92% in 2 years.
The result rose in 2025 from €41,829 to €126,490.
The micro format states no turnover.
Of this, €232,956 falls due within a year.
The 2024 accounts came 26 days late. The other five were filed on time.
Lower solvency than 93% of companies in legal and accounting. Sector median 56.8% · 15,824 companies.
The dashed line is the sector median: < 0.1% across 20,107 companies (NACE 69, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 69, micro). It does better than 8% of them on solvency, 31% on liquidity, 82% on profitability and 6% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
In July 2024, 2,153 companies had the same profile as IPOCKET has now. Each dot stands for 6 companies, two years later.
The bankruptcy probability of IPOCKET itself is lower: < 0.1% within 12 months. It rests on far more data about IPOCKET than the profile alone.
The method was tested on the 497,447 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 2,153 companies, not a prediction for IPOCKET. 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.
Liquidity is tight, with a current ratio of 1.07 (1.79 in 2024), below the usual 1.5. Short-term debt is 89.2% and cash 70.1% of total assets. 97.1% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 6 accounts on average 15 days before the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Shares in 1 company, Callebaut & Van Thienen Advocaten
Board & ownership| Company | ||||
|---|---|---|---|---|
| IPOCKET Ghent | €261,097 | €177,573 | 2.9% | - |
| FootPrints Lochristi | €265,887 | €191,024 | 55.3% | - |
| Advocatenkantoor Melissa Verplancke Ghent | €188,504 | €141,635 | 1.6% | - |
| Aedicon Legal Beveren-Kruibeke-Zwijndrecht | €232,550 | €113,873 | 14.2% | - |
| LOIS CONSULTING Ghent | €200,707 | €119,115 | 97.5% | - |
| IPSTER Antwerp | €272,923 | €170,537 | 50.8% | - |
| Lemon Shark Antwerp | €200,820 | €189,306 | 1.2% | - |
These companies have the same main activity as IPOCKET: other legal services (NACE 69109). They are comparable in size and age: total assets between €189,000 and €273,000, founded between 2018 and 2021.
IPOCKET files the micro format. That format states no turnover. The gross margin rose from €19,607 in 2020 to €177,573 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €310,000. Estimated: probably between €240,000 and €470,000.
Higher than 7% of 15,824 companies in 2025.
Higher than 22% of 15,596 companies in 2025.
Higher than 84% of 15,713 companies in 2025.
Net result: top quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
261,097 | 93,137 | 159,335 | 116,636 | 120,491 | 117,986 | |
21/28 |
12,436 | 16,230 | 2,678 | 102,009 | 102,677 | 100,826 | |
22/27 |
12,436 | 16,230 | 2,678 | 2,009 | 2,677 | 826 | |
23 |
2,128 | 2,690 | - | - | - | - | |
24 |
10,309 | 13,540 | 2,678 | 2,009 | 2,677 | 826 | |
28 |
- | - | - | 100,000 | 100,000 | 100,000 | |
29/58 |
248,661 | 76,907 | 156,657 | 14,627 | 17,814 | 17,160 | |
40/41 |
60,088 | 35,336 | 31,185 | 1,921 | 6,519 | 9,425 | |
40 |
55,693 | 30,944 | 31,181 | 1,921 | 6,518 | 9,424 | |
41 |
4,396 | 4,392 | 4 | - | 1 | 1 | |
54/58 |
182,929 | 31,647 | 122,646 | 10,456 | 11,295 | 7,735 | |
490/1 |
5,644 | 9,924 | 2,826 | 2,250 | - | - | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
261,097 | 93,137 | 159,335 | 116,636 | 120,491 | 117,986 | |
10/15 |
7,690 | 48,029 | 94,428 | 37,157 | 25,763 | 16,952 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
14 |
1,490 | 41,829 | 88,228 | 30,957 | 19,563 | 10,752 | |
17/49 |
253,408 | 45,108 | 64,907 | 79,479 | 94,728 | 101,034 | |
17 |
- | - | - | 54,621 | 71,559 | 81,854 | |
170/4 |
- | - | - | 54,621 | 71,559 | 81,854 | |
42/48 |
232,956 | 43,065 | 64,907 | 24,733 | 23,169 | 19,180 | |
42 |
- | - | - | 8,438 | 8,294 | 8,153 | |
44 |
9,368 | 3,933 | 13,097 | 1,961 | 2,190 | 2,215 | |
440/4 |
9,368 | 3,933 | 13,097 | 1,961 | 2,190 | 2,215 | |
46 |
21,780 | - | 8,712 | - | - | - | |
45 |
11,585 | 7,485 | 10,348 | 13,464 | 11,853 | 8,339 | |
450/3 |
11,585 | 7,476 | 10,348 | 9,789 | 10,628 | 8,339 | |
454/9 |
- | 9 | - | 3,675 | 1,225 | - | |
47/48 |
190,224 | 31,647 | 32,749 | 869 | 832 | 474 | |
492/3 |
20,452 | 2,043 | - | 125 | - | - | |
| Income statement | |||||||
9900 |
177,573 | 63,033 | 56,142 | 17,464 | 13,486 | 19,607 | |
630 |
3,794 | 1,805 | 727 | 668 | 364 | 2,306 | |
640/8 |
411 | 311 | 192 | - | 54 | - | |
9901 |
173,368 | 60,918 | 55,222 | 16,796 | 13,067 | 17,301 | |
75/76B |
- | - | 20,000 | 2 | - | - | |
75 |
- | - | - | 2 | - | - | |
76B |
- | - | 20,000 | - | - | - | |
65/66B |
1,729 | 3,477 | 7,210 | 735 | 771 | 1,393 | |
65 |
1,729 | 3,477 | 7,210 | 735 | 771 | 1,393 | |
9903 |
171,639 | 57,441 | 68,013 | 16,063 | 12,297 | 15,908 | |
67/77 |
45,149 | 15,612 | 10,742 | 4,668 | 3,486 | 5,156 | |
9904 |
126,490 | 41,829 | 57,271 | 11,394 | 8,810 | 10,752 | |
9905 |
126,490 | 41,829 | 57,271 | 11,394 | 8,810 | 10,752 | |
| Appropriation of the result | |||||||
9906 |
168,318 | 130,057 | 88,228 | 30,957 | 19,563 | 10,752 | |
14P |
41,829 | 88,228 | 30,957 | 19,563 | 10,752 | - | |
694/7 |
166,829 | 88,228 | - | - | - | - | |
694 |
166,829 | 88,228 | - | - | - | - | |
| Document | |||||||
The notes to these accounts have 8 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 23-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 23-07-2026 | 2026-00321435 | |
| 31-12-2024 | micro format | 26-08-2025 | 2025-00404175 | |
| 31-12-2023 | micro format | 01-07-2024 | 2024-00184919 | |
| 31-12-2022 | micro format | 26-06-2023 | 2023-00154833 | |
| 31-12-2021 | micro format | 11-07-2022 | 2022-20168220 | |
| 31-12-2020 | micro format | 07-07-2021 | 2021-32000479 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 177,161 | 62,722 | 55,950 | 17,464 | 13,431 | 19,607 | ||
| 130,283 | 43,633 | 57,998 | 12,063 | 9,175 | 13,058 | ||
| 0 | 15,357 | 1,396 | 0 | 2,216 | 103,131 | ||
| 151,282 | -91,000 | 112,191 | -839 | 3,559 | - | ||
| 15,705 | 33,842 | 91,750 | -10,106 | -5,355 | -2,020 | ||
| 2.9% | 51.6% | 59.3% | 31.9% | 21.4% | 14.4% | ||
| 1.07 | 1.79 | 2.41 | 0.59 | 0.77 | 0.89 | ||
| 32.95 | 0.94 | 0.69 | 2.14 | 3.68 | 5.96 | ||
| - | 87.1% | 60.7% | 30.7% | 34.2% | 63.4% | ||
| 48.4% | 44.9% | 35.9% | 9.8% | 7.3% | 9.1% | ||
| over 100 | 18.04 | 7.76 | 23.75 | 17.43 | - |
A ratio outside any meaningful range has been withheld (balance sheet total €261,097, equity €7,690).
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.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €15,357 | €1,396 | - | €2,216 |
| €3,794 | €1,805 | €727 | €668 | €364 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 185% higher than in 2024 and the highest since 2020. It is the fourth rise in a row, after the fall in 2021.
Debt's share of the balance-sheet total rises from 48.4% to 97.1%. Equity is lower and debt is higher.
Source: list of holdings in its own 2022 accounts. Every holding stands with its own latest accounts.
The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
IPOCKET was incorporated on 23 September 2019 as a private limited company by one natural person, with a starting capital of €6,200.12 The registered office was moved to Drongen in 2022.3 Since 2023 the company has been called IPOCKET.4 The board currently has 2 members.5 Total assets rose from €117,986 in 2020 to €261,097 in 2025.6
| Establishment | Since | Unit number |
|---|---|---|
| Baarleboslaan 17 registered office 9031 Ghent | 23-09-2019 | 2.293.582.024 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44017D1413/00C000 | 619 m² | 1 · 152 m² | 7.0 m · 1 |
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