Checked.be · Company dossierhttps://checked.be/en/c/ipratec-0475225170 · as of 26-10-2026
IPRATEC
Judicial reorganisation
Public limited company · founded 2001 · active for 25 yearsRue de la Rivièrette(SG) 100, 7330 Saint-Ghislain, BelgiumKBO/BCE: BE 0475.225.170
Summary
The file of IPRATEC contains 2 judicial reorganisation notices, as published in the Belgian Official Gazette. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2025 annual accounts show equity of €2.0m and a net result of €278,004. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 36% of 3,015 sector peers (NACE 64, financial year 2025).
Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
How you are paid depends on the track: an amicable settlement, a collective agreement with a plan the creditors vote on, or a transfer. The judgment and RegSol say which.
What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
The file is in RegSol, where you can read the documents of the procedure.
Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette.
View the file in RegSol ↗
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Overview
Activity
Activities of holding companies
NACE 64210Manufacture of other non-metallic mineral products NACE 23200
3rd largest company by equity in Saint-Ghislain, Finance and insurance sector1 site
Size
€3.4mturnover 2025
Staff
1 FTE
Equity
€2.0m
Profit
€278,004
Equity +59%: capital increase
Financial health
Financial institution: outside the modelReorganisation running: about 1 in 4 bankrupt within the year
Auditor: 2C&B2025 accounts 20 days early4 of 23 deeds summarised
Signalsraises riskIn judicial reorganisationneutralLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
Judicial reorganisation
About 1 in 4 comparable companies went bankrupt within the year
A judicial reorganisation is open: we then compute no probability from the figures. Measured over every Belgian company in an open or failed reorganisation: 25% to 26% bankrupt within twelve months (2024 and 2025).
No credit on open account during an ongoing judicial reorganisation
Signals
Two signals.
raises riskneutral
raises risk · In judicial reorganisation
Ongoing procedure under court protection (Book XX of the Code of Economic Law). The company is restructuring.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 37 days before the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 June (5 of the last 5 filed years within 30 days of that day).