Equity
-€1.2m from €1.3m in 2016
Equity fell below zero in 2018.
IPSAM TECHNOLOGY
Information for creditors
Enterprise Court of Antwerp · Official Gazette of 10-06-2020Opened on 5 June 2020 · moratorium passed on 5 August 2020
Steps, deadlines and articles of law
The procedure
- Track
- Reorganisation by amicable settlement
- Docket number
- 20200021
- Moratorium until
- 5 August 2020 (passed, unless a later judgment extended it)
- Delegated judge
- Jan Kuyps
- Official Gazette
- 10-06-2020search the document for 2020/120202
Steps for a creditor
- Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
- An amicable settlement binds only the creditors who sign it. You decide whether you sign.
- What you deliver after the opening is not covered by the moratorium. Agree clear payment terms for it.
- The file is in RegSol, where you can read the documents of the procedure.
The judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette.
Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.
Follow
Follow this reorganisation and you are notified of an extension, the court's approval, the closure or a bankruptcy.
This is general information, not legal advice. If in doubt, your lawyer or your accountant can help.
Lifetime
14 annual accounts with figures on one time axispeak €10.1m (2015)
-not published
lowest -€973,011 (2018)
-€234,017▼ €139,857
peak €1.3m (2016)
-€1.2m▼ €234,017
€4.1m▼ 13.6%
peak 54.2 FTE (2009)
36.4 FTE▼ 16.1%
Board2 names since 2018
-
Documentsfilings and deeds
29-07-20212 days before the deadline
2020abbreviated format
Judicial reorganisation opened 10-06Gross margin from €2.5m to €2.0mLoss of €234,017Staff from 43.4 FTE to 36.4 FTEDeed on the end 07-08Equity from -€969,728 to -€1.2m
Key points
from the 2020 annual accounts, the last ones filedDebts
€4.1m 137% of the balance sheet
After one year 11%Within one year 89%
Of this, €3.6m falls due within a year.
Final months
629 days from reorganisation to bankruptcy
No annual accounts were filed for 2021.
No score
Recent changes
Bankruptcy closure (by liquidation)
Enterprise Court of Antwerp, Antwerp division · judgment of 14-01-2025 · Bankruptcy
Bankruptcy published
Enterprise Court of Antwerp, Antwerp division · judgment of 24-02-2022 · Bankruptcy
Deed on the end
Gazette deed
Judicial reorganisation opened
Enterprise Court of Antwerp · amicable agreement · judgment of 05-06-2020 · Judicial reorganisation
Official details
Source: KBO- Status
- Inactivedeed of incorporation of 05-05-2006 · bankruptcy closed on 14-01-2025
- Activity
- No activity registered in the KBO
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on IPSAM TECHNOLOGY
IPSAM TECHNOLOGY reached its highest turnover since 2007 in 2015: €10.1m. A year later it was €8.1m.
Equity fell from €1.3m in 2016 to -€1.2m in 2020, while debts rose from €3.6m to €4.1m.
On 5 June 2020 the court opened a judicial reorganisation. 629 days later came the bankruptcy.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about IPSAM TECHNOLOGY
- What is the company number of IPSAM TECHNOLOGY?
- The company number of IPSAM TECHNOLOGY is 0880.916.089. The VAT number is the same number with BE in front: BE 0880.916.089.
- What is the legal form of IPSAM TECHNOLOGY?
- Legal form of IPSAM TECHNOLOGY: NV.
- Is IPSAM TECHNOLOGY still active?
- No. IPSAM TECHNOLOGY is inactive in the KBO register.Company details
- How many employees did IPSAM TECHNOLOGY have?
- IPSAM TECHNOLOGY had an average of 36.4 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
- What is the turnover of IPSAM TECHNOLOGY?
- The turnover in financial year 2020 is ≈ €3.5m. This figure is estimated from the gross margin of €2.0m and 1,585 comparable companies of the same size. It probably lies between €2.4m and €5.8m. It is a rough estimate.
- Is IPSAM TECHNOLOGY profitable?
- In financial year 2020, IPSAM TECHNOLOGY made a loss of €234,017.
- Where can I find the annual accounts of IPSAM TECHNOLOGY?
- IPSAM TECHNOLOGY filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2020.