IPS Belgium
ActiveIPS Belgium has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €407k and a net result of €161k. Equity is growing by ~75.1% per year across the filed fiscal years. Its solvency ranks better than 33% of 2276 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
78
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency48▼-9
Growth78=
Stability94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.35 against 1.43 in 2023), and 73.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
30 d early
2022
3 d early
2021
3 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€407k▲ 65.4%
2023 · €246k
2021: €78k
2022: €108k
2023: €246k
2021 → 2024
Total assets
€1.55M▲ 89.8%
2023 · €819k
2021: €3.96M
2022: €745k
2023: €819k
2021 → 2024
Net result
€161k▲ 8.8%
2023 · €148k
2021: €76k
2022: €30k
2023: €148k
2021 → 2024
Working capital
€407k▲ 65.4%
2023 · €246k
2021: €78k
2022: €108k
2023: €246k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€78k-€108k▲ 38.0%€246k▲ 127%€407k▲ 65.4%
Operating result€102k-€40k▼ 60.7%€195k▲ 386%€199k▲ 2.3%
Net result€76k-€30k▼ 61.0%€148k▲ 396%€161k▲ 8.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 2% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €1.55M
Equity
€407k▲ 65.4%
Debt
€1.15M▲ 100%
The debt ratio rises from 70.0% to 73.8%: debt grows faster than equity.
Key figures and ratios
Solvency
26.2%▼
2023 · 30.0%
Current ratio
1.35▼
2023 · 1.43
Quick ratio
1.35▼
2023 · 1.43
Debt / equity
2.82▲
2023 · 2.33
ROE
39.5%▼
2023 · 60.2%
ROA
10.3%▼
2023 · 18.0%
Debt
€1.15M▲
2023 · €573k
Debt ≤ 1 year
€1.15M▲
2023 · €573k
Income taxes
€61k▲
2023 · €54k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€819k€1.55M▲
Current assets29/58€819k€1.55M▲
Amounts receivable within one year40/41€798k€1.54M▲
Trade receivables40€431k€483k▲
Other amounts receivable41€367k€1.06M▲
Cash at bank and in hand54/58€19k€15k▼
Deferred charges and accrued income490/1€1k€713▼
Equity and liabilities
Total equity and liabilities10/49€819k€1.55M▲
Equity10/15€246k€407k▲
Contributions10/11€2k€2k=
Reserves13€244k€405k▲
Distributable reserves133€244k€405k▲
Amounts payable17/49€573k€1.15M▲
Amounts payable within one year42/48€573k€1.15M▲
Trade debts44€452k€941k▲
Suppliers440/4€452k€941k▲
Taxes, remuneration and social security45€112k€207k▲
Taxes450/3€112k€207k▲
Other amounts payable47/48€10k-
Accrued charges and deferred income492/3-€44
Income statement
Code20232024
Other operating charges640/8€3k€559▼
Gross operating margin9900€197k€200k▲
Operating profit (loss)9901€195k€199k▲
Financial income75/76B€8k€23k▲
Recurring financial income75€8k€23k▲
Financial charges65/66B€676€577▼
Recurring financial charges65€676€577▼
Profit (loss) for the period before taxes9903€202k€221k▲
Income taxes67/77€54k€61k▲
Profit (loss) for the period9904€148k€161k▲
Profit (loss) for the period to be appropriated9905€148k€161k▲
Appropriation of the result
Profit (loss) to be appropriated9906€148k€161k▲
Transfer to equity691/2€138k€161k▲
To other reserves6921€138k€161k▲
Profit to be distributed694/7€10k-
Return on contributions (dividend)694€10k-
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
31-12
Financial
Highest result since 2021net €161k ▲8.8%
Operating result €199k, net result €161k, both a record.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €200kEq €246k ▲127%
3 profitable years in a row build equity to €246k.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €30k ▼61%
Net result drops to €30k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €108k ▲38%
2 profitable years in a row build equity to €108k.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kinrooi · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hunselerstraat (Mol) 23640 KinrooiGround area
3,402 m²
Building footprint
199 m²
Volume, LiDAR
1,010 m³
Parcel 72023A0690/00E000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IPS Belgium
since 20212.312.899.276
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72023A0690/00E000 | Flanders | 3,402 m² | 1 · 199 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,422 companies in sector 82990 we hold annual accounts for 9,361. 6,136 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-01-2021
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.