Result
-€55,788 -€55,788
From profit to loss in 2025, after a profit of €24,105 in 2024.
IPPES
Lifetime
19 annual accounts with figures on one time axis, 22 filings since 2003peak €243,449 (2015)
€38,206▼ 70.7%
lowest -€110,747 (2018)
-€55,788▼ €79,893
peak €479,324 (2024)
€423,537▼ 11.6%
€6,158▼ 96.7%
Board2 names since 2021
1 directorVANDAMME Geert Victor Pierre
Documentsfilings and deeds
23-04-20267 days before the deadline
2025micro format
Gross margin from €130,385 to €38,206Loss of €55,788Debts from €186,541 to €6,158Cash from €234,592 to €29,665
Key points
from the 2025 annual accountsLiquidity
40.84 was 2.23 in 2024
Short-term debts fell from €185,871 to €5,657.
Position in the sector
-€55,788
Lower net result than 95% of companies in head offices and management consultancy. Sector median €27,138 · 39,392 companies.
Checked score
89
Excellent
Financially stronger than 47% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,572 companies (NACE 70, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025lowest value
06-2025: < 0.1%● unchanged vs 05-2025lowest value
07-2025: < 0.1%● unchanged vs 06-2025lowest value
08-2025: < 0.1%● unchanged vs 07-2025lowest value
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: 0.2%▲ +0.2 percentage points vs 04-2026highest value
06-2026: 0.2%● unchanged vs 05-2026highest value
07-2026: 0.2%● unchanged vs 06-2026highest value
08-2026: 0.2%● unchanged vs 07-2026highest value
09-2026: 0.2%● unchanged vs 08-2026highest value
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Loss of €55,788 (financial year 2025)
lowers risk
Size: total assets €429,695
Sector: Activities of head offices; management consultancy activities (NACE 70)
Equity €423,537 (98.6% of total assets)
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 70, micro). It does better than 86% of them on solvency, 50% on liquidity, 24% on profitability and 27% on growth.
The bankruptcy probability was computed on 10-11-2026 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 30-09-2025.
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).
Comparable companies, two years later
In July 2024, 5,831 companies had the same profile as IPPES has now. Each dot stands for 15 companies, two years later.
84.5%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of IPPES itself is lower: 0.2% within 12 months. It rests on far more data about IPPES than the profile alone.
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.
| 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 5,831 companies, not a prediction for IPPES. 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
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 40.84 (2.23 in 2024), above the usual 1.5. Short-term debt is 1.3% and cash 6.9% of total assets. 1.4% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-04-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 days early
2024
1 day early
2023
1 day early
2022
2 days early
2021
1 day early
2020
on the day
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 2 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 29 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end11-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0478557715
Change of role: VANDAMME Geert Victor Pierre, from statutory manager to statutory director
Appointment: DECLERCQ Hilde Bertha Clara (successor statutory director) · “Verlenen van ondersteuning bij volgende disiciplines: engineering, project management, cost calculation…” (deed in Dutch) · Director discharge: VANDAMME Geert Victor Pierre · General meeting of 27-02-2024 · Gazette deed
New establishment in Avelgem
Doorniksesteenweg 157
Algemene Vergadering - Boekjaar
Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| IPPES Avelgem | €429,695 | €38,206 | 98.6% | - |
| AGILE INVESTORS Knokke-Heist | €432,291 | €37,285 | -26.5% | - |
| N.W. MANAGEMENT Bruges | €456,744 | €38,397 | 39.0% | - |
| DELAEY INFORMATIC TECHNOLOGY CONSULTANCY Zwevegem | €405,871 | €41,672 | 98.1% | - |
| MARIEVER Nieuwpoort | €463,721 | €41,823 | 88.9% | - |
| IMACOMA Roeselare | €487,964 | €34,679 | 63.1% | - |
| D.B. INVEST Zwevegem | €476,452 | €33,445 | 68.2% | - |
These companies have the same main activity as IPPES: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €406,000 and €488,000, founded between 2000 and 2003.
Official details
Source: KBO- Status
- Active since 14-10-2002Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment units
- 2.114.190.6208582 Avelgem, since 29-11-2002
- 2.275.849.2368580 Avelgem, since 18-05-2018
- Financial year end
- 30 September
- Peppol
- Reachable since 19-12-2024
Annual accounts to 30-09-2025
- ≈ €110,000estimated
- €429,695▼ 35.5%
- Filing
- Filed on 23-04-2026, 7 days before the end of the filing period
Insights on IPPES
IPPES files the micro format. That format states no turnover. The gross margin fell from €104,007 in 2006 to €38,206 in 2025.
The balance sheet grew most from 2009 to 2010 through fixed assets, financed with long-term debt.
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 IPPES
- What is the company number of IPPES?
- The company number of IPPES is 0478.557.715. The VAT number is the same number with BE in front: BE 0478.557.715.
- Where is IPPES based?
- The registered office is at Okkerdriesstraat 54, 8582 Avelgem.Company details
- What does IPPES do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of IPPES?
- IPPES is a private limited company (BV).
- When was IPPES founded?
- IPPES was founded on 14-10-2002.
- Is IPPES still active?
- Yes, IPPES is an active enterprise in the KBO register.
- What is the turnover of IPPES?
- The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €38,206 and 144 comparable companies (NACE 70200). It probably lies between €66,000 and €150,000.Financials
- Is IPPES profitable?
- In financial year 2025, IPPES made a loss of €55,788.
- Where can I find the annual accounts of IPPES?
- IPPES filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of IPPES due?
- IPPES must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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