Active BE 0695.930.161Private limited company

IPSUM vastgoed

Bilzersteenweg 45B ·3730 Bilzen-Hoeselt, Belgium· 8 yrs active

Sector: Bemiddeling in verband met exploitatie van en handel in onroerend goed (68310)

Conclusion Checked

The computed 12-month bankruptcy probability of IPSUM vastgoed is 0.4% (very low). The 2024 annual accounts show equity of €112k and a net result of €13k. Equity is growing by ~105.2% per year across the filed fiscal years. Its solvency ranks better than 84% of 4962 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 6 annual accounts.

Key figures

Equity	€112k
Net result	€13k
Staff (FTE)	1.2
Better than sector	84%

Snowflake analysis 5 of 5 axes measured · computed by Checked

85 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 93

Profitability 56

Solvency 100

Growth 78

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.4% Very low

0%0,5%1,5%4%10%≥25%

Lower-failure-rate sector −Young company +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

More than 3 years active

Founded in 2018, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2024 · computed

93 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview6 NBB filings

Annual accounts filed on 22-07-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~105.2%/year over 6 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 68, Real estate activities · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	68.4%	16.7%	better than 84% of 4962 sector peers
Net result	€13k	€2k	better than 65% of 4954 sector peers
Equity	€112k	€27k	better than 76% of 4965 sector peers
Gross operating margin	€72k	€27k	better than 75% of 4948 sector peers
Staff costs	€45k	€20k	higher than 68% of 733 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€26k

-51.3% 19-24

Net profit

€13k

-60.6% 19-24

Cash flow

€20k

-50.5% 19-24

Total assets

€164k

+11.6% 19-24

Equity

€112k

+12.7% 19-24

Working capital

€89k

+6.7% 19-24

Employees (FTE)

1

+20.0% 19-24

Staff costs

€45k

+18.8% 19-24

Show 12 other metrics

Income taxes

€6k

-56.1% 19-24

Dividends

€40k

- 19-24

Debt

€52k

+9.3% 19-24

Debt ≤ 1y

€52k

+9.3% 19-24

Debt > 1y

€416

-90.6% 19-24

Current ratio

2.71

-1.6% 19-24

Quick ratio

2.71

-1.6% 19-24

Solvency

68.4%

+1.0% 19-24

Debt / equity

0.46

-3.0% 19-24

ROE

11.3%

-65.1% 19-24

ROA

7.7%

-64.7% 19-24

Interest coverage

140.40

+87.5% 19-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	€26k
Net profit	€13k
Cash flow	€20k
Staff costs	€45k
Income taxes	€6k
Dividends	-
Total assets	€164k
Equity	€112k
Debt	€52k
of which ≤ 1y	€52k
of which > 1y	-
Working capital	€89k
Employees (FTE)	1.2

Ratios (computed)

	2024
Current ratio	2.71
Quick ratio	2.71
Working capital ratio	54.0%
Solvency	68.4%
Debt / equity	0.46
Long-term debt ratio	-
Interest coverage	140.40
Gross margin	-
Net margin	-
ROA	7.7%
ROE	11.3%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €24k · 14.4% Current assets €141k · 85.6%

Equity & liabilities

Equity €112k · 68.4% Debt €52k · 31.6%

Full annual accounts (21 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€164k
Fixed assets	21/28	€24k
Tangible fixed assets	22/27	€24k
Current assets	29/58	€141k
Amounts receivable within one year	40/41	€78k
Cash & bank	54/58	€46k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€164k
Equity	10/15	€112k
Contributions / capital	10/11	€10k
Reserves	13	€102k
Amounts payable	17/49	€52k
Amounts payable within one year	42/48	€52k
Trade debts payable within one year	44	€22k
Income statement
Gross operating margin	9900	€72k
Operating result	9901	€19k
Financial income	75	€164
Financial charges	65	€184
Result before taxes	9903	€18k
Income taxes	67/77	€6k
Net result for the period	9904	€13k
Result to be appropriated	9905	€13k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	Bemiddeling in verband met exploitatie van en handel in onroerend goed(68310)
Legal form	Private limited company(610)
Incorporation	15-05-2018
Status	Active
Postal code	3730

Establishment units 1 location

Bilzersteenweg 45B, 3730 Bilzen-Hoeselt

Ontwikkeling van residentiële bouwprojecten

since 20182.276.077.086

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

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.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
73032G0137/00W000	Flanders	2,278 m²	1 · 532 m²	12.9 m

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 7 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

22-07-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

2024

10-07-2024

NBB filing Annual accounts filed

fiscal year 2023 · micro

12-06-2024

State Gazette act Capital & shares

Samuël Van der Linden

2023

14-07-2023

NBB filing Annual accounts filed

fiscal year 2022 · micro

2022

02-07-2022

NBB filing Annual accounts filed

fiscal year 2021 · micro

2021

06-07-2021

NBB filing Annual accounts filed

fiscal year 2020 · micro

2020

31-07-2020

NBB filing Annual accounts filed

fiscal year 2019 · micro

Belgian State Gazette reading coverage 0 of 4 acts read

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts

Capital history · 1

12-06-2024

Capital change

All acts · 1 updated 2 years ago

2024

12-06-2024 All shares are now held by a single shareholder Capital & shares·Samuël Van der Linden

Notary: Samuël Van der Linden · Diepenbeek

Original publication ↗

Technical details

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  ],
  "notary": {
    "name": "Samu\u00EBl Van der Linden",
    "firm_city": null,
    "firm_name": null,
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    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2024-06-12",
    "filing_date": "2024-06-08",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
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    "act_date": "2024-06-08",
    "unanimous": null,
    "under_authorized_capital": true,
    "underlying_resolution_date": "2024-06-08"
  },
  "bedrijfsrevisor": {
    "waived": false,
    "firm_kbo": "0680.780.741",
    "firm_name": "Compass Audit",
    "ibr_number": null,
    "mission_type": "partial_split",
    "individual_name": "Wim Camps"
  },
  "subject_company": {
    "kbo": "0695.930.161",
    "name_full": "IPSUM vastgoed",
    "legal_form": "Besloten vennootschap met beperkte aansprakelijkheid",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
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  },
  "co_filed_documents": [
    "expedition",
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  ],
  "shareholders_after": [],
  "share_classes_after": [
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      "n_shares": 98,
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      "capital_share_eur": null,
      "voting_rights_per_share": 1.0
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      "n_shares": 1,
      "class_name": "B",
      "capital_share_eur": null,
      "voting_rights_per_share": 2.0
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    {
      "n_shares": 1,
      "class_name": "C",
      "capital_share_eur": null,
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}

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Bemiddeling in verband met exploitatie van en handel in onroerend goed68310Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis68311Beheer van residentieel onroerend goed voor een vast bedrag of op contractbasis68321Activiteiten van syndici van onroerend goed68321

Primary activity highlighted.

Names & trade names

Legal nameNL

IPSUM vastgoed

Registered office

Bilzersteenweg 45B bus 1

3730 Bilzen-Hoeselt, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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