IPS Group
IPS Group is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €897k and a net result of €657k. Its solvency ranks better than 40% of 498 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €897k |
| Net result | €657k |
| Better than sector | 40% |
| Active | 2 yrs |
Strong profile, led by profitability.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 34.1% | 43.2% | |
| Net result | €657k | €68k | |
| Equity | €897k | €492k | |
| Gross operating margin | €51k | €83k | |
| Total assets | €2.63M | €1.58M |
| Fiscal year | 2025 |
|---|---|
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €657k |
| Cash flow | n/a |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €2.63M |
| Equity | €897k |
| Debt | €1.73M |
| of which ≤ 1y | €362k |
| of which > 1y | €1.36M |
| Working capital | n/a |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 34.1% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | 25.0% |
| ROE | 73.2% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €2.63M |
| Fixed assets | 21/28 | €2.53M |
| Financial fixed assets | 28 | €2.53M |
| Current assets | 29/58 | €99k |
| Amounts receivable within one year | 40/41 | €63k |
| Investments | 50/53 | €35k |
| Cash & bank | 54/58 | €1k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.63M |
| Equity | 10/15 | €897k |
| Contributions / capital | 10/11 | €232k |
| Reserves | 13 | €665k |
| Amounts payable | 17/49 | €1.73M |
| Amounts payable after one year | 17 | €1.36M |
| Amounts payable within one year | 42/48 | €362k |
| Trade debts payable within one year | 44 | €154k |
| Income statement | ||
| Gross operating margin | 9900 | €51k |
| Operating result | 9901 | €50k |
| Financial income | 75 | €701k |
| Financial charges | 65 | €94k |
| Result before taxes | 9903 | €657k |
| Net result for the period | 9904 | €657k |
| Result to be appropriated | 9905 | €657k |
-
Current31-03-2025 → present
Former directors (1)
-
Former- → 31-03-2025
| NACE primary | Financial services(64210) |
| Legal form | Public limited company(014) |
| Incorporation | 13-10-2023 |
| Status | Active |
| Postal code | 9051 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44062A0120/00E000 | Flanders | 2,147 m² | 1 · 79 m² | 3.1 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
23-03-2026 Board meeting · Permanent representative · Officer discharge
- Publication: 23/03/2026 · IPS GROUP
- Filing: 22/02/2026 · IPS GROUP
- Board meeting: 22/02/2026 · IPS GROUP
- Permanent representative: date: 13/03/2026, status: resigned · Maarten Grauwels
- Officer discharge · Maarten Grauwels
- Permanent representative: date: 13/03/2026, status: appointed · Dieter Aelvoet
Technical details
{
"facts": [
{
"date": "2026-03-23",
"type": "publication",
"quote": "Bijlagen bij het Belgisch Staatsblad - 23/03/2026",
"value": "23/03/2026",
"object": null,
"subject": "e1"
},
{
"date": "2026-02-22",
"type": "filing",
"quote": "Uittreksel uit het bijzonder verslag van het bestuursorgaan dd. 22/02/2026.",
"value": "22/02/2026",
"object": null,
"subject": "e1"
},
{
"date": "2026-02-22",
"type": "board_meeting",
"quote": "Uittreksel uit het bijzonder verslag van het bestuursorgaan dd. 22/02/2026.",
"value": "22/02/2026",
"object": null,
"subject": "e1"
},
{
"date": "2026-03-13",
"type": "permanent_representative",
"quote": "De vergadering beslist om vanaf: 13 MAART 2026 ... (i) 22/02/2026 Maarten Grauwels als vaste vertegenwoordiger te ontslaan in TEG EU NV",
"value": {
"date": "13/03/2026",
"status": "resigned"
},
"object": "e4",
"subject": "e2"
},
{
"type": "officer_discharge",
"quote": "Er wordt kwijting verleent aan dhr. Maarten Grauwels voor zijn mandaat als vaste vertegenwoordiger.",
"value": {
"role": null
},
"object": null,
"subject": "e2",
"_value_raw": "kwijting verleent aan dhr. Maarten Grauwels voor zijn mandaat als vaste vertegenwoordiger"
},
{
"date": "2026-03-13",
"type": "permanent_representative",
"quote": "De vergadering beslist om vanaf: 13 MAART 2026 ... (ii) 22/02/2026 Dieter Aelvoet te benoemen als vaste vertegenwoordiger van TEG EU NV",
"value": {
"date": "13/03/2026",
"status": "appointed"
},
"object": "e4",
"subject": "e3"
}
],
"act_meta": {
"outcome": "clean",
"model_id": 50,
"verified": true,
"extractor": "verified-v1",
"ocr_chars": 1329,
"truncated": false
},
"entities": [
{
"id": "e1",
"kbo": "1001.200.643",
"kind": "company",
"name": "IPS GROUP",
"attrs": {
"seat": "Poortakkerstraat 93, 9051 Gent",
"legal_form": "NV"
}
},
{
"id": "e2",
"kbo": null,
"kind": "person",
"name": "Maarten Grauwels",
"attrs": {}
},
{
"id": "e3",
"kbo": null,
"kind": "person",
"name": "Dieter Aelvoet",
"attrs": {}
},
{
"id": "e4",
"kbo": "0794.376.946",
"kind": "company",
"name": "TEG EU NV",
"attrs": {
"seat": "9051 Sint-Denijs-Westrem, Poortakkerstraat 93",
"legal_form": "NV"
}
}
]
}16-10-2025 1 director appointed, 1 resigning
- Maarten Grauwels, Vaste vertegenwoordiger
- Karel Staelens, Vaste vertegenwoordiger
Technical details
{
"events": [
{
"kind": "director_out",
"role": "vaste_vertegenwoordiger",
"person": {
"rrn": null,
"name": "Karel Staelens",
"address": null,
"birth_date": null
},
"effective_date": "2025-03-31",
"evidence_quote": "De vergadering beslist om vanaf: (i) 31/03/2025 Karel Staelens als vaste vertegenwoordiger te ontslaan in TEG EU NV met ondernemingsnummer 0794.376.946. Er wordt kwijting verleent aan dhr. Karel Staelens voor zijn mandaat als vaste vertegenwoordiger.",
"discharge_granted": true
},
{
"kind": "director_in",
"role": "vaste_vertegenwoordiger",
"person": {
"rrn": null,
"name": "Maarten Grauwels",
"address": null,
"birth_date": null
},
"effective_date": "2025-03-31",
"evidence_quote": "De vergadering beslist om vanaf: (ii) 31/03/2025 Maarten Grauwels te benoemen als vaste vertegenwoordiger van TEG EU NV met ondernemingsnummer 0794.376.946 en met maatschappelijke zetel te 9051 Gent, Poortakkerstraat 93."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "1001.200.643",
"name_full": "IPS GROUP",
"legal_form": "NV"
}
}03-11-2023 Transaction in capital or shares
Technical details
{
"events": [],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "1001.200.643",
"name_full": "IPS GROUP",
"legal_form": "BV"
}
}17-10-2023 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "Poortakkerstraat 93, 9051 Sint-Denijs-Westrem",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": {
"kbo": "0794.376.946",
"name": "DDE Group"
},
"kind": "rechtspersoon",
"person": null,
"share_class": "Aandelen",
"partner_role": null,
"holder_org_kbo": "0794.376.946",
"holder_org_name": "DDE Group",
"contribution_type": "cash",
"amount_paid_in_eur": 231500.0,
"holder_person_name": null,
"is_subscriber_only": true,
"n_shares_subscribed": 1000,
"amount_subscribed_eur": 231500.0,
"is_anonymous_silent_partner": false
},
{
"org": {
"kbo": null,
"name": "Kess Group B.V."
},
"kind": "rechtspersoon",
"person": null,
"share_class": "Aandelen",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": "Kess Group B.V.",
"contribution_type": "cash",
"amount_paid_in_eur": 0.0,
"holder_person_name": null,
"is_subscriber_only": true,
"n_shares_subscribed": 0,
"amount_subscribed_eur": 0.0,
"is_anonymous_silent_partner": false
},
{
"org": {
"kbo": null,
"name": "JDE Management B.V."
},
"kind": "rechtspersoon",
"person": null,
"share_class": "Aandelen",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": "JDE Management B.V.",
"contribution_type": "cash",
"amount_paid_in_eur": 0.0,
"holder_person_name": null,
"is_subscriber_only": true,
"n_shares_subscribed": 0,
"amount_subscribed_eur": 0.0,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 231500.0,
"subject_company": {
"kbo": "1001.200.643",
"name_full": "IPS Group",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2023-10-13",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | IPS Group |