IPSIS WORKS
ActiveSummary
IPSIS WORKS has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €54,607 and a net result of -€20,513. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 17% of 2,083 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Official details
Source: KBO- Status
- Active since 03-04-1990 Normal situation
- Activity
- Advertising agencies NACE 73110
- Establishment unit
- 2.047.991.880 1150 Sint-Pieters-Woluwe, since 31-10-2005
- Financial year end
- 31 December
- Peppol
- Reachable since 23-03-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.6%
- Gross margin
- €57,274
- ▲ 7.1%
- Turnover
- ≈ €140,000
- estimated
- Loss
- €20,513
- ▼ 11.4%
- Equity
- €54,607
- ▼ 27.3%
- Total assets
- €1.2m
- ▼ 3.1%
- 2025 accounts filed 51 days after the deadline
Score breakdownraises riskLast filed accounts filed 51 days late; 3 of the last 3 accounts lateLiquidity: current ratio 1.16, cash €3,698, halvedlowers riskSize: total assets €1.2mFounded in 1990Show the evidence
Checked score
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 73, micro). It does better than 16% of them on solvency, 39% on liquidity, 27% on profitability and 21% on growth.
The bankruptcy probability was computed on 01-11-2026 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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 45 days after the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as IPSIS WORKS: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €949,000 and €1.3m, founded between 1987 and 1993.
| Company | Total assets | Gross margin |
|---|---|---|
| IPSIS WORKS Sint-Pieters-Woluwe | €1.2m | €0.06m |
| T.A. Management Antwerpen | €1.0m | €0.06m |
| LEEWARD en WINDWARD Knokke-Heist | €1.2m | €0.07m |
| BOOMERANG Destelbergen | €1.3m | €0.05m |
| AGRAFA COMMUNICATIONS Antwerpen | €1.1m | €0.05m |
| GENTLE Heusden-Zolder | €0.9m | €0.07m |
| BEAUTY INTERNATIONAL Elsene | €1.2m | €0.08m |
Key facts about IPSIS WORKS
- What is the company number of IPSIS WORKS?
- The company number of IPSIS WORKS is 0440.038.223. The VAT number is the same number with BE in front: BE 0440.038.223.
- Where is IPSIS WORKS based?
- The registered office is at Jan Olieslagerslaan 1, 1150 Sint-Pieters-Woluwe.Company details
- What does IPSIS WORKS do?
- According to the KBO register, the main activity is advertising agencies (NACE 73110).
- What is the legal form of IPSIS WORKS?
- The legal form of IPSIS WORKS is Public limited company (NV).
- When was IPSIS WORKS founded?
- IPSIS WORKS was founded on 03-04-1990.
- Is IPSIS WORKS still active?
- Yes, IPSIS WORKS is an active enterprise in the KBO register.
- How many employees does IPSIS WORKS have?
- IPSIS WORKS had an average of 0.7 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- What is the turnover of IPSIS WORKS?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €57,274 and 45 comparable companies (NACE 73). It probably lies between €110,000 and €210,000.
- Is IPSIS WORKS profitable?
- In financial year 2025, IPSIS WORKS made a loss of €20,513.
- Where can I find the annual accounts of IPSIS WORKS?
- IPSIS WORKS filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of IPSIS WORKS due?
- IPSIS WORKS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
See how customers, suppliers and banks see your own company and what to improve first.