IPXIP
ActiveIPXIP has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €62k and a net result of €63. Equity is shrinking by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 36% of 4625 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
81
/ 100
Excellent▲ +23 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability1▲+1
Solvency65▼-7
Growth32=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.59 against 2.61 in 2023), but 67.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
32.9%
Return on assets
0%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
28 d late
2022
12 d early
2021
51 d late
2020
30 d late
2019
17 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€63▲ 47.4%
2023 · €43
2018: €713
2019: €1k
2020: €-485
2021: €-1k
2022: €131
2023: €43
2018 → 2024
Working capital
€63k▼ 41.2%
2023 · €108k
2018: €115k
2019: €117k
2020: €120k
2021: €121k
2022: €115k
2023: €108k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€76k-€74k▼ 1.8%€64k▼ 14.1%€64k▲ 0.1%€62k▼ 2.5%
Operating result€-1k-€-2k▼ 23.6%€-199▲ 87.7%€436€1k▲ 179%
Net result€-485-€-1k▼ 185%€131€43▼ 67.4%€63▲ 47.4%
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 179% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €190k
Fixed assets
€19k▼ 26.9%
Current assets
€171k▼ 2.1%
Equity and liabilities €190k
Equity
€62k▼ 2.5%
Debt
€127k▼ 6.5%
The debt ratio falls from 68.1% to 67.1%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€8k▲
2023 · €2k
Cash flow
€7k▲
2023 · €2k
Solvency
32.9%▲
2023 · 31.9%
Current ratio
1.59▼
2023 · 2.61
Quick ratio
1.59▼
2023 · 2.61
Debt / equity
2.04▼
2023 · 2.13
ROE
0.1%▲
2023 · 0.1%
ROA
0.0%▲
2023 · 0.0%
Interest coverage
6.30▲
2023 · 0.71
Debt
€127k▼
2023 · €136k
Debt ≤ 1 year
€108k▲
2023 · €67k
Debt > 1 year
€9k▼
2023 · €53k
Income taxes
€3k▲
2023 · €2k
Staff costs
€64k▲
2023 · €56k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€200k€190k▼
Fixed assets21/28€26k€19k▼
Tangible fixed assets22/27€26k€19k▼
Furniture and vehicles24€26k€19k▼
Current assets29/58€175k€171k▼
Amounts receivable after more than one year29€127k€82k▼
Other amounts receivable291€127k€82k▼
Amounts receivable within one year40/41€41k€82k▲
Trade receivables40€40k€82k▲
Other amounts receivable41€1k€171▼
Cash at bank and in hand54/58€78€137▲
Deferred charges and accrued income490/1€6k€7k▲
Equity and liabilities
Total equity and liabilities10/49€200k€190k▼
Equity10/15€64k€62k▼
Contributions10/11€50k€50k=
Reserves13€5k€5k=
Distributable reserves133€5k€5k=
Profit (loss) carried forward14€9k€7k▼
Amounts payable17/49€136k€127k▼
Amounts payable after more than one year17€53k€9k▼
Financial debts170/4€53k€9k▼
Amounts payable within one year42/48€67k€108k▲
Current portion of amounts payable after more than one year42€4k€4k▲
Trade debts44€27k€71k▲
Suppliers440/4€27k€71k▲
Taxes, remuneration and social security45€15k€24k▲
Taxes450/3€6k€9k▲
Remuneration and social security454/9€9k€15k▲
Other amounts payable47/48€21k€8k▼
Accrued charges and deferred income492/3€16k€11k▼
Income statement
Code20232024
Remuneration, social security and pensions62€56k€64k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€7k▲
Other operating charges640/8€569€1k▲
Gross operating margin9900€58k€73k▲
Operating profit (loss)9901€436€1k▲
Financial income75/76B€4k€3k▼
Recurring financial income75€4k€3k▼
Financial charges65/66B€3k€1k▼
Recurring financial charges65€3k€1k▼
Profit (loss) for the period before taxes9903€2k€3k▲
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€43€63▲
Profit (loss) for the period to be appropriated9905€43€63▲
Appropriation of the result
Profit (loss) to be appropriated9906€9k€9k▲
Profit (loss) brought forward from the previous period14P€9k€9k▲
Profit to be distributed694/7-€2k
Return on contributions (dividend)694-€2k
Social balance
Average headcount (FTE)90871.41.0▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 28 days late
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €131
Net result €131 after 2 loss-making years.
20-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 51 days late
2021
31-12
Financial
Weakest financial yearnet €-1k
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Highest result since 2018net €1k ▲70%
Net result €1k, the highest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Winston Churchilllaan 511180 UkkelGround area
463 m²
Building footprint
356 m²
Volume, LiDAR
3,418 m³
Parcel 21618B0276/00F032, Brussels · tallest building 21.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Winston Churchilllaan 51, 1180 Ukkel
since 20032.132.639.921
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21618B0276/00F032 | Brussels | 463 m² | 1 · 356 m² | 21.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 82,215 companies in sector 70200 we hold annual accounts for 52,392. 39,034 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-03-2003
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.