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IPTE Factory Automation

Active
Public limited companyfounded 2009active for 16 yearsGeleenlaan 5, 3600 Genk, BelgiumKBO/BCE: BE 0821.278.115

From the official registers: KBO 31 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The annual accounts of IPTE Factory Automation for financial year 2025 show a net loss of 85% of the equity at the start of that year. The 2025 annual accounts show equity of €30.2m and a net result of -€19.4m. Equity has been growing by about 14% per year since 2018. Its solvency ranks better than 26% of 172 sector peers (NACE 26, financial year 2025). The company has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (low).

Risk analysisFollow ReportCompare
IPTE Factory AutomationActiveChecked score 55/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 09-12-2009 Normal situation
Activity
Manufacture of computer, electronic and optical products NACE 26510and 1 other
Establishment units
2.184.249.166 3600 Genk, since 21-12-2009
2.272.632.992 8730 Beernem, since 01-01-2017
Financial year end
31 December
Peppol
Reachable since 29-11-2025
Company details

Board and ownership

Board
  • Huub Baren bvDirector · since 18-06-2021
  • Vladimir Dobosch bvDirector · since 18-06-2021
  • FOCUS ADVIESDirector · permanent representative Roux,Dominique
  • JEROEN TUIKDirector
  • KC GmbhDirector · permanent representative Kroesen,Klaus Erich
Auditor
Deloitte Bedrijfsrevisoren Burg. cvba
Shareholders
Holdings
Shares in 11 companies including IPTE Asia Holdings and IPTE Automation Oü
Board & ownership

Financial position

55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Annual accounts 2025
Turnover
€37.3m
▲ 17.0%
Loss
€19.4m
Equity
€30.2m
▲ 31.4%
Total assets
€107.2m
▼ 10.1%
Staff
96.3 FTE
▼ 7.4%
Standalone figures, without subsidiaries
Filed on 23-06-2026, 38 days before the deadlineat the National Bank
Financials
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €19.4m (financial year 2025)Liquidity: current ratio 0.62, cash €1.8mlowers riskSector: Manufacture of computer, electronic and optical products (NACE 26)Legal form: public limited companyShow the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 38% of medium-sized companies in computer and electronic products (NACE 26)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 53+9
equity 28.2% of total assets
Liquidity 21+8
short-term debt 60.2% · cash 1.7%
Profitability 43+5
return on assets -18.1%
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (33 companies, NACE 26, medium-sized)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.3%▲ +0.1 percentage points vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.2%▼ -0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.5%▲ +0.2 percentage points vs 06-2026highest value 08-2026: 0.5%● unchanged vs 07-2026highest value 09-2026: 0.5%● unchanged vs 08-2026highest value 10-2026: 0.5%● unchanged vs 09-2026highest value
Credit of up to €1,650,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.62 (0.78 in 2024), below 1. Short-term debt is 60.2% and cash 1.7% of total assets. 71.8% 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 26, medium-sized). It does better than 26% of them on solvency, 23% on liquidity, 23% on profitability and 79% on growth.

The bankruptcy probability was computed on 31-10-2026 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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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Loss of €19.4m (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.62, cash €1.8m
NBB · annual accounts
lowers risk · Sector: Manufacture of computer, electronic and optical products (NACE 26)
KBO
lowers risk · Legal form: public limited company
KBO
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 23-06-2026, 38 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
38 days early
2024
31 days early
2023
35 days early
2022
38 days early
2021
33 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 35 days before the deadline. In the sector (NACE 26), the median for financial year 2024 was 8 days before the deadline, and 34% 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 27 June (5 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
01-11-2026 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: From profit to loss in 2025after a profit of €2.2m in 2024 -€19.4m View
  • Caution: Lower net result than 95% of companies in computer and electronic productssector median €109,628 · 173 companies -€19.4m View
  • Positive: 4 years of growth in a rowturnover 2025: €37.3m 4 years View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View
  • Flemish supportawarded from 2022 to 2025 €214,316 View

Companies linked to IPTE Factory Automation

Comparable companies

These companies have the same main activity as IPTE Factory Automation: manufacture of computer, electronic and optical products (NACE 26510). They are comparable in size and age: total assets between €30m and €80m, founded between 1971 and 2002.

CompanyTotal assetsTurnover
IPTE Factory Automation Genk€107.2m€37.3m
ADVIONICS Oostkamp€50.9m€51.5m
BEP EUROPE Brugge€79.8m€60.4m
OPTRONIC INSTRUMENTS & PRODUCTS Oudenaarde€72.2m€59.8m
WATERS Antwerpen€29.9m€54.9m
Bruker Belgium Kontich€56.3m€44.8m
KRONOS SYSTEMS Asse€38.8m€33.7m
Full comparison

Documents

Annual accounts at the NBB

All 31 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about IPTE Factory Automation
What is the company number of IPTE Factory Automation?
The company number of IPTE Factory Automation is 0821.278.115. The VAT number is the same number with BE in front: BE 0821.278.115.
Where is IPTE Factory Automation based?
The registered office is at Geleenlaan 5, 3600 Genk.Company details
What does IPTE Factory Automation do?
According to the KBO register, the main activity is manufacture of computer, electronic and optical products (NACE 26510).
What is the legal form of IPTE Factory Automation?
The legal form of IPTE Factory Automation is Public limited company (NV).
When was IPTE Factory Automation founded?
IPTE Factory Automation was founded on 09-12-2009.
Is IPTE Factory Automation still active?
Yes, IPTE Factory Automation is an active enterprise in the KBO register.
How many employees does IPTE Factory Automation have?
IPTE Factory Automation had an average of 96.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of IPTE Factory Automation?
The turnover of IPTE Factory Automation was €37.3m in financial year 2025, according to the filed annual accounts.
Is IPTE Factory Automation profitable?
In financial year 2025, IPTE Factory Automation made a loss of €19.4m.
Where can I find the annual accounts of IPTE Factory Automation?
IPTE Factory Automation filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of IPTE Factory Automation due?
IPTE Factory Automation must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies

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