Skip to content

IPWal

Active Private limited companyfounded 2019active for 7 yearsRue des Haipes,Sauv. 13, 5030 GemblouxKBO/BCE: BE 0719.836.802 subsidiary of #9 company by total assets in the province of Namur, Other professional activities sector

Lifetime

7 annual accounts with figures on one time axis
peak €197,831 (2024)
€114,522▼ 42.1%
lowest -€90,190 (2020)
€17,145▼ 84.3%
peak €107,320 (2025)
€107,320▲ 19.0%
€1.0m▼ 17.0%
peak 1.6 FTE (2021)
-not published
Board4 names since 2019
2 directors and 1 other
Owners
consolidates
Documentsfilings and deeds
31-07-2026on the last day
2025abbreviated format
Gross margin from €197,831 to €114,522Result from €108,940 to €17,145Equity from €90,176 to €107,320Debts from €1.3m to €1.0mCash from €3,690 to €102,457

Key points

from the 2025 annual accounts

Equity

€107,320 ▲ 19.0%

IPWal has made a profit without a break since 2021.

Result

€17,145 ▼ 84.3%
€109,0002024€17,1002025

The result fell in 2025: the 2024 profit included a one-off income of €65,751.

Turnover

≈ €290,000 estimated

The accounts state no turnover.

Debts

€1.0m 91% of the balance sheet
Financial debts 89%Suppliers 0%Taxes and wages 0%Other 11%

€879,544 of the debts are secured on the company's own assets. In 2022 that was €1.1m.

Filings

7 annual accounts 5 late
AprilJune31 JulyOctober202020222024

The 2019 accounts came latest: 60 days after the end of the period.

Board

1 joined · 1 left

Board changed. Latest change 17-03-2026 · 1 in office.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,603 companies had the same profile as IPWal has now. Each dot stands for 5 companies, two years later.

96.0%
were still trading
1.8%
stopped another way
1.9%
went bankrupt
  • Small
  • 5 to 10 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet

Another 0.3% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,603 companies, not a prediction for IPWal. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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

Board and ownership

Director, , since 19-02-2026
  • consolidatesscore equity €1.8m (2025) · annual accounts 2025
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0719836802
New sole director appointed, resigned · Permanent representative: · Director discharge: · General meeting of 19-02-2026 · Gazette deed
Resignation: (manager) Reappointment: (director) · “La location,la vente,l’achat de véhicule de loisirs; La location,la vente,l’achat de véhicule légers; La…” (deed in French) · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 26-12-2022 · Gazette deed
Registered office moved within Gembloux New registered office: Rue des Haipes, 13 à 5030 Gembloux · Previous registered office: Rue des Praules, 1A à 5030 Gembloux · Resignations: (director) and (director) · General meeting of 20-11-2020 · Gazette deed
All 18 events

Comparable companies

same main activity, similar in size and age
Company
IPWal Gembloux €1.1m €114,522 9.4% -
Analytical Sciences & Management Chaumont-Gistoux €0.9m €118,882 14.6% -
GSF ENGINEERING Gembloux €1.5m €164,597 42.7% -
Atticus Sports Management Brussels €1.2m €97,927 3.1% 1
STUDIEBUREAU DIEDERIK AERTS Bilzen-Hoeselt €0.9m €129,788 37.7% -
Guy Security Consultancy Antwerp €1.0m €150,700 20.1% 0
TD Consultancy Services Sint-Martens-Latem €1.4m €180,329 98.6% -

These companies have the same main activity as IPWal: other professional, scientific and technical activities (NACE 74999). They are comparable in size and age: total assets between €869,000 and €1.5m, founded between 2016 and 2020.

Official details

Source: KBO
Status
Active since 05-02-2019Normal situation
Activity
Other professional, scientific and technical activitiesNACE 74999and 6 others
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2021
Establishment unit
2.289.685.5925030 Gembloux, since 05-06-2019
Financial year end
31 December
Peppol
Reachable since 10-06-2026
Company details

Annual accounts 2025

€1.1m▼ 14.6%
Filing
Filed on 31-07-2026, on the last day of the filing period
Financials

Insights on IPWal

IPWal files the abbreviated format. That format states no turnover. The gross margin rose from -€1,369 in 2019 to €114,522 in 2025.

The balance sheet grew most in 2020 through fixed assets, financed with long-term debt.

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 IPWal

What is the company number of IPWal?
The company number of IPWal is 0719.836.802. The VAT number is the same number with BE in front: BE 0719.836.802.
Where is IPWal based?
The registered office is at Rue des Haipes,Sauv. 13, 5030 Gembloux.Company details
What does IPWal do?
According to the KBO register, the main activity is other professional, scientific and technical activities (NACE 74999).
What is the legal form of IPWal?
IPWal is a private limited company (BV).
When was IPWal founded?
IPWal was founded on 05-02-2019.
Is IPWal still active?
Yes, IPWal is an active enterprise in the KBO register.
How many employees does IPWal have?
IPWal had an average of 1.6 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
Which joint committee does IPWal fall under?
In its 2021 annual accounts, IPWal states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of IPWal?
The turnover in financial year 2025 is ≈ €290,000. This figure is estimated from the gross margin of €114,522 and 1,650 comparable companies of the same size. It probably lies between €180,000 and €540,000. It is a rough estimate.
Is IPWal profitable?
In financial year 2025, IPWal made a profit of €17,145.
Where can I find the annual accounts of IPWal?
IPWal filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of IPWal due?
IPWal 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.

Keep this company with today's facts in a case file.