IPS Holding
ActiveSummary
IPS Holding has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.6m and a net result of €343,824. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 41% of 8782 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability30▲+30
Solvency67▲+4
Growth78▲+46
Track record94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100,000 at 30 days acceptable
Liquidity short (current ratio 0.33 against 1.37 in 2024; short-term debt: 16.2% and cash: 5.4% of total assets), and 58.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
41.9%
Return on assets
9%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year €1.6m
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 30-04-2026, 92 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
92 d early
2024
9 d early
2023
1 d early
2022
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 26 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€1.6m▲ 47,176%
2024 · €3,376
Total assets
€3.8m▲ 42,266%
2024 · €8,981
Net result
€343,824
2024 · -€31,619
Working capital
-€412,247
2024 · €2,053
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result-€14,423--€988▲ 93.2%-€31,455▼ 3,085%-€125,475▼ 299%
Net result-€13,696below the sector's middle half--€1,310below the sector's middle half▲ 90.4%-€31,619below the sector's middle half▼ 2,314%€343,824above the sector's middle half
Equity€36,304within the sector's middle half-€34,995within the sector's middle half▼ 3.6%€3,376below the sector's middle half▼ 90.4%€1.6mabove the sector's middle half▲ 47,176%
Total assets€47,772below the sector's middle half-€37,361below the sector's middle half▼ 21.8%€8,981below the sector's middle half▼ 76.0%€3.8mabove the sector's middle half▲ 42,266%
Debt€11,468-€2,366▼ 79.4%€5,605▲ 137%€2.2m▲ 39,308%
Working capital-€6,999below the sector's middle half--€369below the sector's middle half▲ 94.7%€2,053within the sector's middle half-€412,247below the sector's middle half
Solvency76.0%within the sector's middle half-93.7%above the sector's middle half▲ 17.7pp37.6%within the sector's middle half▼ 56.1pp41.9%within the sector's middle half▲ 4.4pp
Current ratio0.39below the sector's middle half-0.84below the sector's middle half▲ 0.451.37within the sector's middle half▲ 0.520.33below the sector's middle half▼ 1.03
Return on assets (ROA)-28.7%below the sector's middle half--3.5%below the sector's middle half▲ 25.2pp-352.1%below the sector's middle half▼ 348.6pp9.0%within the sector's middle half▲ 361.1pp
Staff (FTE)0within the sector's middle half0within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €125,475 in 2025 against €31,455 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.8m
Fixed assets
€3.6m
Current assets
€205,500
Equity and liabilities €3.8m
Equity
€1.6m ▲ 47,176%
Debt
€2.2m ▲ 39,308%
Debt's share of the balance-sheet total falls from 62.4% to 58.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
-€40,841▼
2024 · -€30,797
Cash flow
€428,457▲
2024 · -€30,961
Debt to equity
1.38▼
2024 · 1.66
ROE
21.5%▲
2024 · -936.6%
Interest coverage
-0.31▲
2024 · -187.92
Debt ≤ 1 year
€617,747▲
2024 · €5,605
Debt > 1 year
€1.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €1,702 | -€176 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,831 | €4,771 | €658 | €84,634 | ▲ 12,764% |
| Other operating charges640/8 | €2,348 | €179 | €126 | €271 | ▲ 116% |
| Non-recurring operating charges66A | - | - | €29,693 | €0 | ▼ 100% |
| Gross operating margin9900 | -€5,543 | €3,786 | -€978 | -€40,570 | ▼ 4,049% |
| Operating profit (loss)9901 | -€14,423 | -€988 | -€31,455 | -€125,475 | ▼ 299% |
| Financial income75/76B | €967 | €70 | €0 | €600,000 | - |
| Recurring financial income75 | €967 | €70 | €0 | €600,000 | - |
| Financial charges65/66B | €240 | €392 | €164 | €130,701 | ▲ 79,654% |
| Recurring financial charges65 | €240 | €392 | €164 | €130,701 | ▲ 79,654% |
| Profit (loss) for the period before taxes9903 | -€13,696 | -€1,310 | -€31,619 | €343,824 | ▲ 1,187% |
| Profit (loss) for the period9904 | -€13,696 | -€1,310 | -€31,619 | €343,824 | ▲ 1,187% |
| Profit (loss) for the period to be appropriated9905 | -€13,696 | -€1,310 | -€31,619 | €343,824 | ▲ 1,187% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €47,772 | €37,361 | €8,981 | €3.8m | ▲ 42,266% |
| Formation expenses20 | €2,639 | €1,981 | €1,323 | €169 | ▼ 87.2% |
| Fixed assets21/28 | €40,664 | €33,383 | €0 | €3.6m | - |
| Tangible fixed assets22/27 | €40,664 | €33,383 | €0 | €649,019 | - |
| Plant, machinery and equipment23 | €40,664 | €32,425 | €0 | - | - |
| Furniture and vehicles24 | - | €958 | €0 | €1,819 | - |
| Other tangible fixed assets26 | - | - | - | €647,201 | - |
| Financial fixed assets28 | - | - | - | €3.0m | - |
| Current assets29/58 | €4,469 | €1,997 | €7,658 | €205,500 | ▲ 2,584% |
| Amounts receivable within one year40/41 | €2,852 | €44 | €2,500 | €0 | ▼ 100% |
| Trade receivables40 | €2,801 | - | €2,500 | €0 | ▼ 100% |
| Other amounts receivable41 | €51 | €44 | €0 | - | - |
| Cash at bank and in hand54/58 | €1,617 | €1,953 | €5,158 | €205,500 | ▲ 3,884% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €47,772 | €37,361 | €8,981 | €3.8m | ▲ 42,266% |
| Equity10/15 | €36,304 | €34,995 | €3,376 | €1.6m | ▲ 47,176% |
| Contributions10/11 | €50,000 | €50,000 | €50,000 | €1.3m | ▲ 2,498% |
| Reserves13 | - | - | - | €297,200 | - |
| Distributable reserves133 | - | - | - | €297,200 | - |
| Profit (loss) carried forward14 | -€13,696 | -€15,005 | -€46,624 | €0 | ▲ 100% |
| Amounts payable17/49 | €11,468 | €2,366 | €5,605 | €2.2m | ▲ 39,308% |
| Amounts payable after more than one year17 | - | - | - | €1.6m | - |
| Financial debts170/4 | - | - | - | €1.6m | - |
| Amounts payable within one year42/48 | €11,468 | €2,366 | €5,605 | €617,747 | ▲ 10,922% |
| Current portion of amounts payable after more than one year42 | - | - | - | €223,027 | - |
| Trade debts44 | €2,102 | - | €411 | €11,838 | ▲ 2,781% |
| Suppliers440/4 | €2,102 | - | €411 | €11,838 | ▲ 2,781% |
| Taxes, remuneration and social security45 | - | - | €1,152 | €1,974 | ▲ 71.3% |
| Taxes450/3 | - | - | €1,152 | €1,974 | ▲ 71.3% |
| Other amounts payable47/48 | €9,366 | €2,366 | €4,042 | €380,908 | ▲ 9,325% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€13,696 | -€1,310 | -€31,619 | €343,824 | ▲ 1,187% |
| + Depreciation and write-downs630 | €4,831 | €4,771 | €658 | €84,634 | ▲ 12,764% |
| Operating cash flow (approximation) | -€8,865 | €3,461 | -€30,961 | €428,457 | ▲ 1,484% |
| Investment in fixed assets (approximation) | - | €2,511 | €32,725 | -€3.7m | ▼ 11,356% |
| Change in cash | - | €336 | €3,205 | €200,342 | ▲ 6,152% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €343,824
Net result €343,824 after 3 loss-making years.
31-12
Financial
Equity above €1mEq €1.6m ▲47,176%
Equity rises from €3,376 to €1.6m.
2024
22-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Weakest financial yearnet -€31,619
Net result drops to -€31,619, the lowest in the series; recovery starts the following year.
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
29-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 acts for this company are 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, Duffel · 1 establishment unit since 2021
Ground area
3,022 m²
Building footprint
540 m²
Volume, LiDAR
3,201 m³
Parcel 12302B0251/00E000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
IPS Holding
since 20212.315.639.032
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12302B0251/00E000 | Flanders | 3,022 m² | 1 · 540 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
3 owners · 1 holdingOwners 3
-
29.76%
-
16%
-
10%
Holdings 1
-
100%
According to the 2025 annual accounts of IPS Holding and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
DEMCA Training & Consulting
BE 0470.484.246
Kraainem · Eq €1,595,929
Arkrico
BE 0843.044.123
Olen · Eq €1,596,214
INSTRUWELL
BE 0423.864.264
Ieper · Eq €1,596,482
THESEUM
BE 0834.490.307
Brussel · Eq €1,596,531
PI.COTTAGE
BE 0461.037.139
Grimbergen · Eq €1,597,155
Of 82,641 companies in sector 70200 we hold annual accounts for 52,636. 22,722 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-04-2021
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
63920Other information service activities
70100Activities of head offices
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0766351171
Also
9925:BE0766351171
Registered
23-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.