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IPCOM

Group · 3 companies · 2 countries

IPCOM and the 2 companies it consolidates according to the LEI register: the structure, the figures, each company's health and where the risk sits.

Companies
3
2 in Belgium, 1 abroad
Countries
2
Belgium, Netherlands
Total assets
€595.1m
what the companies own together
Equity
€152.8m
the shareholders' buffer
Net result
-€4.0m
profit or loss of the year
Staff (FTE)
32.3
in Belgium, social balance

Sum of the filed annual accounts of 2 of the 2 Belgian companies (fiscal years 2025). Not a consolidation: receivables, participations and sales between group companies are not eliminated, so they count.

Group risk

How healthy the group's Belgian companies are, and where the risk sits. A weak subsidiary can cost the parent money, and the other way round.

69/100 median score
  • The parent itself: IPCOM, no verdict.
  • 1 company with a loss in the latest year: IPCOM (-€10.8m).
  • 81.9% of the added-up total assets sits in one company: IPCOM.
  • None of the added-up total assets sits at a company with an elevated or high risk.

Group structure

Who consolidates whom, according to the LEI register. Consolidating means control: the parent takes the subsidiary into its group accounts.

  • IPCOM2 subsidiaries
    BE 0827.868.868Parent
    No verdict€487.5m €86.4m 2025
    • BE 0413.000.165LEI lapsed
      Healthy · 69€107.5m €66.4m 2025
    • Insulcon B.V.
      NL Steenbergen, NetherlandsindirectLEI lapsed

High risk Elevated Healthy Fair No verdict Amounts: total assets and equity from the latest accounts.

Shared directors

Who sits on the boards of several group companies. This is where control over the group sits in practice.

1

Events in the group

Bankruptcies, director changes, capital changes and other publications of all Belgian group companies, over the last two years.

  1. Capital increase of €25,000,000 to €204,822,405.18
    Capital changeIPCOM
  2. Change of permanent representative
    Director changeIPCOM
  3. Capital increase of €100,000,000
    Capital changeIPCOM
  4. Transaction in capital or shares
    Capital changeISOBUILD KORTEMARK
  5. EY Bedrijfsrevisoren BV appointed as statutory auditor
    Director changeISOBUILD KORTEMARK

What is my exposure to this group?

The companies of this group you keep in your lists or follow, seen together.

Where do these figures come from?

The group's make-up comes from the LEI register (GLEIF): which company consolidates which other, directly or ultimately. A company whose link the register does not state is not listed here, even if it does belong to the group.

The amounts are those of the annual accounts each Belgian company filed with the National Bank, added up without consolidation. The verdict per company is that of its dossier on Checked.be. Everything is updated every night.

Updated on 25-09-2026