Parent and group
- ImPulSe INTERNATIONAL79.99%
IPS BELGIUM
ActiveSummary
IPS BELGIUM has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €528,849 and a net result of -€470,537. Equity has been shrinking by about 22% per year since 2018. If that trend continues, it turns negative around financial year 2027. Its solvency ranks better than 11% of 546 sector peers (NACE 81, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
Official details
Source: KBO- Status
- Active since 03-09-1998 Normal situation
- Activity
- Combined facilities support activities NACE 81100and 1 other
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2024
- Establishment unit
- 2.089.049.606 1400 Nivelles, since 30-10-1998
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
Board
- PRO-EDGEManaging director · permanent representative Nicolas Dubois
- William BeystDirector · since 01-07-2025
- Auditor
- Groupe Audit Belgium (B00096)
Shareholders
- GROUP-IPS100%· score 472025 annual accounts of GROUP-IPS
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.1%
Annual accounts 2025
- Turnover
- €18.9m
- ▲ 7.9%
- Loss
- €470,537
- ▲ 69.3%
- Equity
- €528,849
- ▼ 48.4%
- Total assets
- €9.3m
- ▼ 0.4%
- Employees on 31-12-2025
- 103
- ▲ 7.3%
Net result -69%: merger
Score breakdownraises riskEquity €528,849 (5.7% of total assets)Loss of €470,537, the second in a row (financial year 2025)Sector: Services to buildings and landscape activities (NACE 81)Liquidity: current ratio 1.19, cash €627,199Show the evidence
Checked score
Score 2025
64
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 19% of medium-sized companies in building services and landscaping (NACE 81)
Financial strength · tick: 2024
Weak
Solvency
31-5
equity 5.7% of total assets
Liquidity
18+6
short-term debt 75.3% · cash 6.8%
Profitability
16-39
return on assets -5.1%
Bankruptcy probability within 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.6%
01-2025: 1.6%● unchanged vs 12-2024
02-2025: 1.5%▼ -0.1 percentage points vs 01-2025
03-2025: 1.5%● unchanged vs 02-2025
04-2025: 1.5%● unchanged vs 03-2025
05-2025: 1.5%● unchanged vs 04-2025
06-2025: 1.6%▲ +0.1 percentage points vs 05-2025
07-2025: 1.8%▲ +0.2 percentage points vs 06-2025highest value
08-2025: 1.7%▼ -0.1 percentage points vs 07-2025
09-2025: 1.7%● unchanged vs 08-2025
10-2025: 1.7%● unchanged vs 09-2025
11-2025: 1.7%● unchanged vs 10-2025
12-2025: 1.7%● unchanged vs 11-2025
01-2026: 1.7%● unchanged vs 12-2025
02-2026: 1.6%▼ -0.1 percentage points vs 01-2026
03-2026: 1.6%● unchanged vs 02-2026
04-2026: 1.6%● unchanged vs 03-2026
05-2026: 1.6%● unchanged vs 04-2026
06-2026: 1.7%▲ +0.1 percentage points vs 05-2026
07-2026: 1.7%● unchanged vs 06-2026
08-2026: 1.1%▼ -0.6 percentage points vs 07-2026lowest value
09-2026: 1.1%● unchanged vs 08-2026lowest value
10-2026: 1.1%● unchanged vs 09-2026
11-2026: 1.1%● unchanged vs 10-2026
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.19 (1.13 in 2024), below the usual 1.5. Short-term debt is 75.3% and cash 6.8% of total assets. 94.3% of the assets are financed with debt and provisions.
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 81, medium-sized). It does better than 15% of them on solvency, 13% on liquidity, 11% on profitability and 39% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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Signals
Seven signals.
raises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€470,537
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 546 sector peers (2025).
NBB · sector comparisonPosition among 546 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 days early
2024
6 days early
2023
20 days early
2022
106 days late
2021
152 days late
2020
292 days late
2019
9 days early
← 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 70 days after the deadline. In the sector (NACE 81), the median for financial year 2024 was 1 day before the deadline, and 43% 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 25 July (4 of the last 5 accounts filed within 112 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
- Risk: 4 loss-making years in a rowloss in financial year 2025 -€470,537 View
- Caution: Lower net result than 95% of companies in building services and landscapingsector median €36,178 · 545 companies -€470,537 View
- Caution: Equity fell in 2025from €1.0m to €528,849 ▼ 48.4% View
- Merger with Industrial Projects Services Engineeringmerger on 24-01-2025 2025 View
- EU supportawarded in 2024 €103,267 View
Recent changes
- · Gazette deed 2 directors appointed, 2 directors resigningResignations: Juan Sanchez Chatar (director) and Nicolas Dubois (managing director) · Appointments: William Beyst (director) and Pro-Edge SRL (managing director) · Permanent representative: Nicolas Dubois
- · Gazette deed Capital & shares · Amendment of the articles · Restructuring
- · Gazette deed Resignation: Luc Tasiaux (director)
Companies linked to IPS BELGIUM
Comparable companies
These companies have the same main activity as IPS BELGIUM: combined facilities support activities (NACE 81100). They are comparable in size and age: total assets between €2.2m and €21m, founded between 1989 and 2009.
| Company | Total assets | Turnover |
|---|---|---|
| IPS BELGIUM Nivelles | €9.3m | €18.9m |
| CALORIBEL Sint-Jans-Molenbeek | €21.2m | €17.3m |
| ComTIS Services Geel | €6.6m | €14.6m |
| JONES LANG LASALLE SERVICES Brussel | €17.1m | €5.2m |
| E.B.A Sprimont | €13.0m | €10.1m |
| COFINIMMO SERVICES Sint-Pieters-Woluwe | €11.0m | €12.7m |
| Ieder zijn Woning - Logement pour Tous Sint-Jans-Molenbeek | €2.2m | €7.5m |
Key facts about IPS BELGIUM
- What is the company number of IPS BELGIUM?
- The company number of IPS BELGIUM is 0464.078.979. The VAT number is the same number with BE in front: BE 0464.078.979.
- Where is IPS BELGIUM based?
- The registered office is at Avenue Robert Schuman 42, 1400 Nivelles.Company details
- What does IPS BELGIUM do?
- According to the KBO register, the main activity is combined facilities support activities (NACE 81100).
- What is the legal form of IPS BELGIUM?
- The legal form of IPS BELGIUM is Public limited company (NV).
- When was IPS BELGIUM founded?
- IPS BELGIUM was founded on 03-09-1998.
- Is IPS BELGIUM still active?
- Yes, IPS BELGIUM is an active enterprise in the KBO register.
- How many employees does IPS BELGIUM have?
- IPS BELGIUM had an average of 96.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does IPS BELGIUM fall under?
- In its 2024 annual accounts, IPS BELGIUM states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
- What is the turnover of IPS BELGIUM?
- The turnover of IPS BELGIUM was €18.9m in financial year 2025, according to the filed annual accounts.
- Is IPS BELGIUM profitable?
- In financial year 2025, IPS BELGIUM made a loss of €470,537.
- Where can I find the annual accounts of IPS BELGIUM?
- IPS BELGIUM filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of IPS BELGIUM due?
- IPS BELGIUM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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