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iPower

Active Private limited companyfounded 2022active for 4 yearsMoerkerkse Steenweg 110, 8310 BrugesKBO/BCE: BE 0791.869.891

Lifetime

3 annual accounts with figures on one time axis
peak €14,303 (2023)
-€12,369▼ €14,736
lowest -€9,594 (2025)
-€9,594▼ €10,053
peak €10,997 (2024)
€1,403▼ 87.2%
€1,288▼ 90.2%
Board1 name since 2022
1 director
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €2,367 to -€12,369Loss of €9,594Equity from €10,997 to €1,403Debts from €13,086 to €1,288Cash from €11,275 to €0

Key points

from the 2025 annual accounts

Filings

3 annual accounts 3 late
AprilJune31 JulyOctober202320242025

The 2024 accounts came latest: 382 days after the end of the period.

Position in the sector

-€9,594

Lower net result than 88% of companies in office administrative support. Sector median €16,198 · 9,697 companies.

Turnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,223 companies had the same profile as iPower has now. Each dot stands for 9 companies, two years later.

87.8%
were still trading
8.7%
stopped another way
3.4%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3,223 companies, not a prediction for iPower. 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.

Credit verdict

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Signals

Board and ownership

Director, since 04-10-2022
  • 100 sharesdeed of 06-10-2022
Board & ownership

Recent changes

Incorporation Founding capital of €3,000, 100 shares · Founder: · Appointment: (director) · published on 06-10-2022 · Gazette deed
First establishment Moerkerkse Steenweg 110, Bruges
All 6 events

Comparable companies

same main activity, similar in size and age
Company
iPower Bruges €2,691 -€12,369 52.1% -
D-Connect Assesse €2,471 -€344 -56.4% -
Bright Management Ghent €2,752 -€1,461 -541.6% -
IMYOU Kortrijk €1,965 -€6,666 -1406.3% -
JNS Holding Antwerp €3,814 -€11,519 -390.7% -
LMBA SERVICES Braine-le-Château €3,713 -€2,678 -20.5% -
Den Tripel Antwerp €2,216 -€140 -5775.1% -

These companies have the same main activity as iPower: other business support services (NACE 82990). They are comparable in size and age: total assets between €1,970 and €3,810, founded between 2021 and 2023.

Official details

Source: KBO
Status
Active since 04-10-2022Normal situation
Activity
Other business support servicesNACE 82990and 2 others
Establishment unit
2.336.562.4278310 Bruges, since 04-10-2022
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€2,691▼ 88.8%
≈ 0 FTEestimated
Filing
Filed on 31-08-2026
Financials

Insights on iPower

iPower files the micro format. That format states no turnover. The gross margin fell from €14,303 in 2023 to -€12,369 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about iPower

What is the company number of iPower?
The company number of iPower is 0791.869.891. The VAT number is the same number with BE in front: BE 0791.869.891.
Where is iPower based?
The registered office is at Moerkerkse Steenweg 110, 8310 Bruges.Company details
What does iPower do?
According to the KBO register, the main activity is other business support services (NACE 82990).
What is the legal form of iPower?
iPower is a private limited company (BV).
When was iPower founded?
iPower was founded on 04-10-2022.
Is iPower still active?
Yes, iPower is an active enterprise in the KBO register.
What is the turnover of iPower?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is iPower profitable?
In financial year 2025, iPower made a loss of €9,594.
Where can I find the annual accounts of iPower?
iPower filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of iPower due?
iPower must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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