Filings
The 2024 accounts came latest: 382 days after the end of the period.
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The 2024 accounts came latest: 382 days after the end of the period.
Lower net result than 88% of companies in office administrative support. Sector median €16,198 · 9,697 companies.
In July 2024, 3,223 companies had the same profile as iPower has now. Each dot stands for 9 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
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.
| 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.
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The scores and ratios are Checked's own calculations, not a credit decision.
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| 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.
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.
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