IRPAT
ActiveSummary
IRPAT has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.0m and a net result of €79,128. Equity is growing by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 7794 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▼-9
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80,000 at 30 days acceptable
Liquidity ample (current ratio 39.91 against 19.15 in 2024; short-term debt: 1% and cash: 6.3% of total assets), and 1.3% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
98.7%
Return on assets
7.7%
Age of the figures
12 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 26-11-2025, 155 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
155 d early
2024
124 d early
2023
116 d early
2022
38 d early
2021
8 d early
2020
8 d early
2019
134 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 83 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€1.0m▼ 0.9%
2024 · €1.0m
Total assets
€1.0m▼ 1.9%
2024 · €1.0m
Net result
€79,128▼ 49.3%
2024 · €156,031
Working capital
€391,976▲ 2.6%
2024 · €382,010
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€72,335▼ 54.5%€112,365▲ 55.3%€166,204▲ 47.9%€221,179▲ 33.1%€109,739▼ 50.4%
Net result€53,529▼ 38.1%€76,592▲ 43.1%€115,610▲ 50.9%€156,031▲ 35.0%€79,128▼ 49.3%
Equity€887,160▲ 6.4%€963,751▲ 8.6%€952,705▼ 1.1%€1.0m▲ 7.0%€1.0m▼ 0.9%
Total assets€900,239▲ 1.0%€989,446▲ 9.9%€986,712▼ 0.3%€1.0m▲ 5.7%€1.0m▼ 1.9%
Debt€13,079▼ 77.3%€25,695▲ 96.5%€34,008▲ 32.4%€23,998▼ 29.4%€12,887▼ 46.3%
Working capital€541,041▼ 35.1%€468,170▼ 13.5%€394,896▼ 15.7%€382,010▼ 3.3%€391,976▲ 2.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 50% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.0m
Fixed assets
€621,152 ▼ 2.9%
Current assets
€402,049 ▼ 0.3%
Equity and liabilities €1.0m
Equity
€1.0m ▼ 0.9%
Debt
€12,887 ▼ 46.3%
Debt's share of the balance-sheet total falls from 2.3% to 1.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€133,188▼
2024 · €238,727
Cash flow
€102,577▼
2024 · €173,579
Current ratio
39.91▲
2024 · 19.15
Debt to equity
0.01▼
2024 · 0.02
ROE
7.8%▼
2024 · 15.3%
ROA
7.7%▼
2024 · 15.0%
Interest coverage
577.90▼
2024 · 1128.36
Debt ≤ 1 year
€10,073▼
2024 · €21,048
Income taxes
€36,941▼
2024 · €73,153
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €3,675 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €47,238 | €39,115 | €20,987 | €17,548 | €23,449 | ▲ 33.6% |
| Other operating charges640/8 | €1,440 | €1,782 | €1,462 | €2,096 | €2,053 | ▼ 2.1% |
| Gross operating margin9900 | €121,012 | €153,263 | €188,653 | €240,823 | €135,241 | ▼ 43.8% |
| Operating profit (loss)9901 | €72,335 | €112,365 | €166,204 | €221,179 | €109,739 | ▼ 50.4% |
| Financial income75/76B | - | - | €4,248 | €8,217 | €6,560 | ▼ 20.2% |
| Recurring financial income75 | - | - | €4,248 | €8,217 | €6,560 | ▼ 20.2% |
| Financial charges65/66B | €1,444 | €232 | €210 | €212 | €230 | ▲ 8.9% |
| Recurring financial charges65 | €1,444 | €232 | €210 | €212 | €230 | ▲ 8.9% |
| Profit (loss) for the period before taxes9903 | €70,890 | €112,133 | €170,242 | €229,184 | €116,069 | ▼ 49.4% |
| Income taxes67/77 | €17,362 | €35,542 | €54,632 | €73,153 | €36,941 | ▼ 49.5% |
| Profit (loss) for the period9904 | €53,529 | €76,592 | €115,610 | €156,031 | €79,128 | ▼ 49.3% |
| Profit (loss) for the period to be appropriated9905 | €53,529 | €76,592 | €115,610 | €156,031 | €79,128 | ▼ 49.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €900,239 | €989,446 | €986,712 | €1.0m | €1.0m | ▼ 1.9% |
| Fixed assets21/28 | €347,098 | €496,562 | €559,701 | €639,966 | €621,152 | ▼ 2.9% |
| Tangible fixed assets22/27 | €347,098 | €496,562 | €559,701 | €639,966 | €621,152 | ▼ 2.9% |
| Land and buildings22 | €343,098 | €336,711 | €559,701 | €639,966 | €621,152 | ▼ 2.9% |
| Assets under construction and advance payments27 | €4,000 | €159,851 | €0 | - | - | - |
| Current assets29/58 | €553,141 | €492,884 | €427,011 | €403,058 | €402,049 | ▼ 0.3% |
| Amounts receivable within one year40/41 | €38,355 | €10,456 | €27,673 | €10,023 | €3,972 | ▼ 60.4% |
| Trade receivables40 | €0 | - | €2,000 | €0 | €6 | - |
| Other amounts receivable41 | €38,355 | €10,456 | €25,673 | €10,023 | €3,966 | ▼ 60.4% |
| Current investments50/53 | - | - | €200,000 | €333,000 | €333,000 | = |
| Cash at bank and in hand54/58 | €514,786 | €482,428 | €197,616 | €58,475 | €64,236 | ▲ 9.9% |
| Deferred charges and accrued income490/1 | - | - | €1,722 | €1,560 | €841 | ▼ 46.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €900,239 | €989,446 | €986,712 | €1.0m | €1.0m | ▼ 1.9% |
| Equity10/15 | €887,160 | €963,751 | €952,705 | €1.0m | €1.0m | ▼ 0.9% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €880,960 | €957,551 | €946,505 | €1.0m | €1.0m | ▼ 0.9% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €879,100 | €955,691 | €944,645 | €1.0m | €1.0m | ▼ 0.9% |
| Profit (loss) carried forward14 | - | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €13,079 | €25,695 | €34,008 | €23,998 | €12,887 | ▼ 46.3% |
| Amounts payable within one year42/48 | €12,100 | €24,715 | €32,115 | €21,048 | €10,073 | ▼ 52.1% |
| Trade debts44 | - | €2,073 | €3,034 | €385 | €0 | ▼ 100% |
| Suppliers440/4 | - | €2,073 | €3,034 | €385 | €0 | ▼ 100% |
| Advances received on contracts in progress46 | €12,100 | €12,100 | €0 | - | - | - |
| Taxes, remuneration and social security45 | €0 | €10,542 | €29,081 | €20,463 | €9,973 | ▼ 51.3% |
| Taxes450/3 | €0 | €10,542 | €29,081 | €20,463 | €9,973 | ▼ 51.3% |
| Other amounts payable47/48 | - | - | - | €200 | €100 | ▼ 50.0% |
| Accrued charges and deferred income492/3 | €979 | €980 | €1,892 | €2,950 | €2,814 | ▼ 4.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €53,529 | €76,592 | €115,610 | €156,031 | €79,128 | ▼ 49.3% |
| + Depreciation and write-downs630 | €47,238 | €39,115 | €20,987 | €17,548 | €23,449 | ▲ 33.6% |
| Operating cash flow (approximation) | €100,766 | €115,707 | €136,597 | €173,579 | €102,577 | ▼ 40.9% |
| Investment in fixed assets (approximation) | - | -€188,579 | -€84,127 | -€97,813 | -€4,635 | ▲ 95.3% |
| Change in cash | - | -€32,358 | -€284,812 | -€139,141 | €5,761 | ▲ 104% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
26-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-09
Financial
Liquidity doublescurrent ratio 39.91
Current ratio from 19.15 to 39.91; short-term debt falls from €21,048 to €10,073.
2024
27-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-09
Financial
Highest result since 2018net €156,031 ▲35%
Operating result €221,179, net result €156,031, both a record.
30-09
Financial
Equity above €1mEq €1.0m ▲7%
7 profitable years in a row build equity to €1.0m.
05-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet €53,529 ▼38.1%
Net result drops to €53,529, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity triplescurrent ratio 45.71
Current ratio from 15.48 to 45.71; short-term debt falls from €57,585 to €12,100.
22-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
18-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2018
20-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
23-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
16-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Koksijde · 1 establishment unit since 2013
Ground area
470 m²
Building footprint
450 m²
Volume, LiDAR
5,763 m³
Parcel 38014E0378/00K000, Flanders · tallest building 21.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
IRPAT
since 20132.216.897.881
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38014E0378/00K000 | Flanders | 470 m² | 1 · 450 m² | 21.2 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,517 companies in sector 82990 we hold annual accounts for 9,412. 4,533 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded24-12-2012
Fiscal year end30-09
Activities, NACEBEL 2025
82990Other business support services
46190Agents in non-specialised wholesale trade
64210Activities of holding companies
70200Business and other management consultancy
73300Public relations and communication consultancy
82100Office administrative and support services
Scores and ratios are computed by Checked and are not a credit decision.