IP INITIAL
ActiveIP INITIAL has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €266k and a net result of €35k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 71% of 16922 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
93
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▲+12
Solvency80▼-10
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.11 against 1.54 in 2024), and 22% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
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
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
78%
Return on assets
10.3%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 20-12-2025, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
42 d early
2024
8 d early
2023
1 d early
2022
2 d early
2021
on the day
2020
38 d early
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close13-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€266k▼ 4.3%
2024 · €278k
2019: €254k
2020: €273k
2021: €274k
2022: €253k
2023: €268k
2024: €278k
2019 → 2025
Total assets
€342k▲ 4.1%
2024 · €328k
2019: €408k
2020: €404k
2021: €354k
2022: €340k
2023: €333k
2024: €328k
2019 → 2025
Net result
€35k▲ 16.8%
2024 · €30k
2019: €20k
2020: €19k
2021: €1k
2022: €28k
2023: €34k
2024: €30k
2019 → 2025
Working capital
€4k▼ 71.3%
2024 · €15k
2019: €-32k
2020: €-21k
2021: €-13k
2022: €-20k
2023: €-4k
2024: €15k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€274k-€253k▼ 7.8%€268k▲ 6.3%€278k▲ 3.7%€266k▼ 4.3%
Operating result€36k-€42k▲ 16.2%€49k▲ 18.4%€44k▼ 11.4%€52k▲ 18.1%
Net result€1k-€28k▲ 2,667%€34k▲ 22.4%€30k▼ 12.2%€35k▲ 16.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 18% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €342k
Fixed assets
€299k▲ 4.4%
Current assets
€42k▲ 2.2%
Equity and liabilities €342k
Equity
€266k▼ 4.3%
Provisions
€22k=
Debt
€53k▲ 90.1%
The debt ratio rises from 8.6% to 15.7%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€74k▲
2024 · €59k
Cash flow
€57k▲
2024 · €45k
Solvency
78.0%▼
2024 · 84.8%
Current ratio
1.11▼
2024 · 1.54
Quick ratio
1.11▼
2024 · 1.54
Debt / equity
0.20▲
2024 · 0.10
ROE
13.2%▲
2024 · 10.8%
ROA
10.3%▲
2024 · 9.2%
Interest coverage
29.94▼
2024 · 42.08
Debt
€53k▲
2024 · €28k
Debt ≤ 1 year
€38k▲
2024 · €27k
Debt > 1 year
€14k
Income taxes
€14k▲
2024 · €12k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€328k€342k▲
Fixed assets21/28€287k€299k▲
Tangible fixed assets22/27€261k€274k▲
Land and buildings22€249k€238k▼
Plant, machinery and equipment23€11k€9k▼
Furniture and vehicles24€1k€27k▲
Financial fixed assets28€25k€25k=
Current assets29/58€42k€42k▲
Amounts receivable within one year40/41€21k€20k▼
Trade receivables40€15k€14k▼
Other amounts receivable41€6k€6k=
Cash at bank and in hand54/58€20k€22k▲
Equity and liabilities
Total equity and liabilities10/49€328k€342k▲
Equity10/15€278k€266k▼
Contributions10/11€38k€38k=
Reserves13€185k€173k▼
Non-distributable reserves130/1€5k€5k=
Reserves not available under the articles1311€5k€5k=
Tax-exempt reserves132€69k€69k=
Distributable reserves133€111k€99k▼
Profit (loss) carried forward14€56k€56k=
Provisions and deferred taxes16€22k€22k=
Provisions for liabilities and charges160/5€22k€22k=
Other liabilities and charges164/5€22k€22k=
Amounts payable17/49€28k€53k▲
Amounts payable after more than one year17-€14k
Financial debts170/4-€14k
Amounts payable within one year42/48€27k€38k▲
Current portion of amounts payable after more than one year42-€12k
Financial debts43€1k-
Credit institutions430/8€1k-
Trade debts44€4k€4k▲
Suppliers440/4€4k€4k▲
Taxes, remuneration and social security45€10k€10k▼
Taxes450/3€10k€10k▼
Other amounts payable47/48€12k€12k▲
Accrued charges and deferred income492/3€1k€1k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€22k▲
Other operating charges640/8€2k€2k=
Gross operating margin9900€62k€76k▲
Operating profit (loss)9901€44k€52k▲
Financial income75/76B€89€26▼
Recurring financial income75€89€26▼
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€43k€49k▲
Income taxes67/77€12k€14k▲
Profit (loss) for the period9904€30k€35k▲
Profit (loss) for the period to be appropriated9905€30k€35k▲
Appropriation of the result
Profit (loss) to be appropriated9906€86k€91k▲
Profit (loss) brought forward from the previous period14P€56k€56k=
Transfer from equity791/2€20k€47k▲
Transfer to equity691/2€30k€35k▲
To other reserves6921€30k€35k▲
Profit to be distributed694/7€20k€47k▲
Return on contributions (dividend)694€20k€47k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
20-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Highest result since 2019net €35k ▲16.8%
Operating result €52k, net result €35k, both a record.
23-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Weakest financial yearnet €1k ▼94.7%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
2020
24-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 25 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, Westerlo · 1 establishment unit since 2001
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.
Dennenstraat 272260 WesterloGround area
1,782 m²
Building footprint
183 m²
Volume, LiDAR
1,100 m³
Parcel 13028A0142/00A000, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IP INITIAL
since 20012.093.388.375
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13028A0142/00A000 | Flanders | 1,782 m² | 1 · 183 m² | 6.6 m · 2 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.
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Of 29,885 companies in sector 62200 we hold annual accounts for 18,321. 14,003 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded03-12-2001
Fiscal year end30-06
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
72100
68122Development of non-residential building projects
47400Retail sale of information and communication equipment
47410Retail trade
52487
62010Computer programming, consultancy and related activities
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
70112
72220
72400
72500
95100Repair and maintenance of computers and communication equipment
95110Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.