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IPSYS SOLUTIONS

Active
Private limited companyfounded 2016active for 10 yearsQuai Saint-Léonard 13, 4000 Liège, BelgiumKBO/BCE: BE 0657.893.194
Summary

IPSYS SOLUTIONS has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €185,522. Equity has been growing by about 71% per year since 2018. Its solvency ranks better than 36% of 9,909 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Official details

Source: KBO
Status
Active since 01-07-2016 Normal situation
Activity
General electrical installation work NACE 43211and 1 other
Joint committees
149.01 Paritair Subcomité voor de elektriciens: installatie en distributie
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit
2.255.156.463 4000 Liège, since 01-07-2016
Financial year end
31 December
Peppol
Reachable since 01-04-2026

Board and ownership

Board
  • HARDA BelgiumDaily manager · permanent representative Aïssa Harika
  • Your.Cloud BelgiumDirector · since 08-01-2026 · permanent representative Dorinda Van Oosten
Shareholders
  • personneact of 23-01-2026

Financial position

66 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Annual accounts 2025
Gross margin
€2.9m
▲ 24.5%
Turnover
≈ €7.9m
estimated
Profit
€185,522
▼ 63.7%
Equity
€1.2m
▲ 19.1%
Total assets
€3.5m
▲ 3.2%
Employees on 31-12-2025
36
▲ 16.1%
  • 2025 accounts filed 62 days after the deadline
Net result -64%: other schema
Score breakdownraises riskLast filed accounts filed 62 days late; 2 of the last 3 accounts lateSector: Specialised construction activities (NACE 43)lowers riskFigures for financial year 2025 (filed on 06-10-2026)Size: 36.2 FTE, total assets €3.5mShow the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 49% of small companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 58+4
equity 33.2% of total assets
Liquidity 28-8
short-term debt 65.6% · cash 10.0%
Profitability 75-13
return on assets 5.3%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,651 companies, NACE 43, small)
Last 24 months 12-2024: 1.1% 01-2025: 1.1%● unchanged vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.3%▲ +0.2 percentage points vs 02-2025 04-2025: 1.6%▲ +0.3 percentage points vs 03-2025 05-2025: 1.9%▲ +0.3 percentage points vs 04-2025 06-2025: 2.1%▲ +0.2 percentage points vs 05-2025 07-2025: 2.3%▲ +0.2 percentage points vs 06-2025 08-2025: 3.3%▲ +1.0 percentage point vs 07-2025 09-2025: 4.4%▲ +1.1 percentage points vs 08-2025highest value 10-2025: 1.0%▼ -3.4 percentage points vs 09-2025 11-2025: 1.0%● unchanged vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 0.7%▼ -0.3 percentage points vs 01-2026lowest value 03-2026: 0.8%▲ +0.1 percentage points vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.9%▲ +0.1 percentage points vs 05-2026 07-2026: 1.0%▲ +0.1 percentage points vs 06-2026 08-2026: 1.5%▲ +0.5 percentage points vs 07-2026 09-2026: 1.8%▲ +0.3 percentage points vs 08-2026 10-2026: 1.0%▼ -0.8 percentage points vs 09-2026 11-2026: 1.0%● unchanged vs 10-2026
Credit of up to €75,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.31 (1.36 in 2024), below the usual 1.5. Short-term debt is 65.6% and cash 10% of total assets. 66.8% of the assets are financed with debt and provisions.
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 43, small). It does better than 43% of them on solvency, 21% on liquidity, 58% on profitability and 75% on growth.

The bankruptcy probability was computed on 04-11-2026 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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 62 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Figures for financial year 2025 (filed on 06-10-2026)
NBB · annual accounts
lowers risk · Size: 36.2 FTE, total assets €3.5m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · 2025 accounts filed 62 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-10-2026, 62 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filings
Deviation from the deadline
2025
62 days late
2024
56 days late
2023
30 days late
2022
30 days late
2021
2 days late
2020
74 days late
2019
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 36 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Board changedlatest change 08-01-2026 · 1 in office 2 joined · 2 left View
  • Caution: Result fell in 2025different schema filed ▼ 63.7% View
  • Positive: 2nd fastest staff growth in Liège, Construction sectorin the Checked rankings No. 2 View
  • Positive: 8 profitable years in a rowprofit 2025: €185,522 8 years View

Recent changes

  1. · Gazette deed 2 directors appointed, 2 directors resigningResignations: Aïssa Harika (director) and Germain Petit (director) · Appointments: Your.Cloud Belgium SRL (director) and Harda Belgium SRL (day-to-day manager) · Permanent representatives: Dorinda Van Oosten and Aïssa Harika
  2. · Gazette deed Registered office moved to LiègeNew seat: Quai Saint-Léonard 13, 4000 Liège · Reappointments: PETIT Germain Marie André Didier (administrateur non statutaire) and HARIKA Aïssa (administrateur non statutaire) · HARIKA Aïssa holds 45 shares
  3. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as IPSYS SOLUTIONS: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €2.6m and €4m, founded between 2011 and 2018.

CompanyTotal assetsGross margin
IPSYS SOLUTIONS Liège€3.5m€2.9m
BROPTIMIZE ENERGY Remicourt€3.1m€3.9m
HOTAK GROUP Wetteren€3.6m€2.5m
STROOHM Schelle€2.6m€2.9m
AIRECO-TECH Nivelles€3.0m€2.6m
AKKUS TELESERVICES Heusden-Zolder€3.3m€2.3m
BASTIN ELEKTROTECHNIK Lontzen€4.0m€1.5m
Full comparison

Key facts about IPSYS SOLUTIONS

What is the company number of IPSYS SOLUTIONS?
The company number of IPSYS SOLUTIONS is 0657.893.194. The VAT number is the same number with BE in front: BE 0657.893.194.
Where is IPSYS SOLUTIONS based?
The registered office is at Quai Saint-Léonard 13, 4000 Liège.Company details
What does IPSYS SOLUTIONS do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of IPSYS SOLUTIONS?
The legal form of IPSYS SOLUTIONS is Private limited company (BV).
When was IPSYS SOLUTIONS founded?
IPSYS SOLUTIONS was founded on 01-07-2016.
Is IPSYS SOLUTIONS still active?
Yes, IPSYS SOLUTIONS is an active enterprise in the KBO register.
How many employees does IPSYS SOLUTIONS have?
IPSYS SOLUTIONS had an average of 36.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does IPSYS SOLUTIONS fall under?
In its 2025 annual accounts, IPSYS SOLUTIONS states joint committees 149.01 (Paritair Subcomité voor de elektriciens: installatie en distributie) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of IPSYS SOLUTIONS?
The turnover in financial year 2025 is ≈ €7.9m. This figure is estimated from the gross margin of €2.9m and 31 comparable companies (NACE 432). It probably lies between €6.2m and €9.9m. In financial year 2019 turnover was €2.0m.
Is IPSYS SOLUTIONS profitable?
In financial year 2025, IPSYS SOLUTIONS made a profit of €185,522.
Where can I find the annual accounts of IPSYS SOLUTIONS?
IPSYS SOLUTIONS filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of IPSYS SOLUTIONS due?
IPSYS SOLUTIONS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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