IPD
ActiveSummary
The annual accounts of IPD for fiscal year 2025 show a net loss of 55% of the equity at the start of that year. The 2025 annual accounts show equity of €67k and a net result of €-84k. Equity is growing by ~39.3% per year across the filed fiscal years. Its solvency ranks better than 10% of 1202 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
34
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability12▼-61
Solvency29▼-2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.13 against 1.13 in 2024; short-term debt: 85.3% of total assets), and 95.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 1202 sector peers (2025).
NBB · sector comparisonPosition among 1202 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
22 d early
2024
14 d early
2023
20 d early
2022
1 d early
2021
8 d late
2020
100 d late
2019
25 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€67k▼ 55.5%
2024 · €151k
2019: €23k
2020: €20k
2021: €33k
2022: €61k
2023: €76k
2024: €151k
2019 → 2025
Total assets
€1.60M▼ 31.4%
2024 · €2.33M
2019: €138k
2020: €121k
2021: €134k
2022: €371k
2023: €439k
2024: €2.33M
2019 → 2025
Net result
€-84k
2024 · €75k
2019: €16k
2020: €-3k
2021: €13k
2022: €93k
2023: €127k
2024: €75k
2019 → 2025
Working capital
€182k▼ 28.2%
2024 · €254k
2019: €9k
2020: €6k
2021: €14k
2022: €15k
2023: €37k
2024: €254k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€33k-€61k▲ 84.8%€76k▲ 23.7%€151k▲ 99.4%€67k▼ 55.5%
Operating result€18k-€129k▲ 635%€135k▲ 4.5%€125k▼ 7.6%€-78k
Net result€13k-€93k▲ 597%€127k▲ 36.6%€75k▼ 40.8%€-84k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €78k after €125k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.60M
Fixed assets
€54k ▼ 3.6%
Current assets
€1.55M ▼ 32.1%
Equity and liabilities €1.60M
Equity
€67k ▼ 55.5%
Debt
€1.53M ▼ 29.7%
Debt's share of the balance-sheet total rises from 93.5% to 95.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-49k▼
2024 · €181k
Cash flow
€-54k▼
2024 · €131k
Current ratio
1.13▲
2024 · 1.13
Quick ratio
0.90▼
2024 · 1.07
Debt to equity
22.86▲
2024 · 14.48
ROE
-124.7%▼
2024 · 49.9%
ROA
-5.2%▼
2024 · 3.2%
Interest coverage
-7.57▼
2024 · 22.29
Debt ≤ 1 year
€1.37M▼
2024 · €2.02M
Income taxes
€-874▼
2024 · €43k
Staff costs
€135k▼
2024 · €294k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.33M€1.60M▼
Fixed assets21/28€56k€54k▼
Tangible fixed assets22/27€54k€52k▼
Land and buildings22€213€0▼
Plant, machinery and equipment23€22k€38k▲
Furniture and vehicles24€32k€14k▼
Financial fixed assets28€2k€2k=
Current assets29/58€2.28M€1.55M▼
Stocks and contracts in progress3€109k€316k▲
Contracts in progress37€109k€316k▲
Amounts receivable within one year40/41€2.10M€1.16M▼
Trade receivables40€1.91M€1.02M▼
Other amounts receivable41€188k€142k▼
Cash at bank and in hand54/58€71k-
Deferred charges and accrued income490/1€691€71k▲
Equity and liabilities
Total equity and liabilities10/49€2.33M€1.60M▼
Equity10/15€151k€67k▼
Contributions10/11€19k€19k=
Reserves13€57k€57k=
Distributable reserves133€57k€57k=
Profit (loss) carried forward14€75k€-8k▼
Amounts payable17/49€2.18M€1.53M▼
Amounts payable within one year42/48€2.02M€1.37M▼
Trade debts44€1.91M€1.03M▼
Suppliers440/4€1.91M€1.03M▼
Taxes, remuneration and social security45€24k€10k▼
Taxes450/3€2k-
Remuneration and social security454/9€22k€10k▼
Other amounts payable47/48€89k€327k▲
Accrued charges and deferred income492/3€159k€169k▲
Income statement
Code20242025
Non-recurring operating income76A€4k-
Remuneration, social security and pensions62€294k€135k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56k€29k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€97k-
Other operating charges640/8€12k€4k▼
Gross operating margin9900€584k€91k▼
Operating profit (loss)9901€125k€-78k▼
Financial income75/76B€2k-
Recurring financial income75€2k-
Financial charges65/66B€8k€6k▼
Recurring financial charges65€8k€6k▼
Profit (loss) for the period before taxes9903€118k€-85k▼
Income taxes67/77€43k€-874▼
Profit (loss) for the period9904€75k€-84k▼
Profit (loss) for the period to be appropriated9905€75k€-84k▼
Appropriation of the result
Profit (loss) to be appropriated9906€75k€-8k▼
Profit (loss) brought forward from the previous period14P-€75k
Social balance
Average headcount (FTE)90873.92.4▼
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
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
25-03
State Gazette act
Resignation: DC ADVISORY BV (director)Appointment: WP CONSULTING BV (director) · Permanent representatives: Wouter Pauwels and Dominique Charlier · Director discharge8 facts ▸
State Gazette act
Resignation: DC ADVISORY BV (director)
Appointment: WP CONSULTING BV (director) · Permanent representatives: Wouter Pauwels and Dominique Charlier · Director discharge8 facts ▸
- Shareholder decision, 26/02/2026
- Director resignation, DC ADVISORY BV (director)
- Director discharge, DC ADVISORY BV
- Director appointment, WP CONSULTING BV (director)
- Mandate compensation, WP CONSULTING BV
- Permanent representative, Wouter Pauwels
- Permanent representative, Dominique Charlier
- Power of attorney, Deloitte Legal - Lawyers BV
2025
31-12
Financial
Weakest financial yearnet €-84k ▼211%
Net result drops to €-84k, the lowest in the series.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €150kEq €151k ▲99.4%
4 profitable years in a row build equity to €151k.
11-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Highest result since 2019net €127k ▲36.6%
Operating result €135k, net result €127k, both a record.
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2021
30-06
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
11-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 100 days late
2020
25-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2026
WP CONSULTING
CurrentDirector · since 26-02-2026 · Private limited company · perm. rep.: Wouter Pauwels
26-02-2026
WP CONSULTING: Appointed as Director
26-02-2026
DC Advisory: Resigned as Director
Location & real-estate footprint
Registered office, Beringen · 1 establishment unit since 2018
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.
Schoebroekstraat 563583 BeringenGround area
2.1 ha
Building footprint
1.1 ha
Parcel 71049A0715/00C000, Flanders. Linked by address, not a title deed.
1 establishment unit
IPD
since 20182.276.370.660
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71049A0715/00C000 | Flanders | 2.1 ha | 1 · 1.1 ha | - |
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.
Structure & network
Connections & network
10 connected companiesLinked via shared directors
Shared corporate director
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Shared corporate director
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Shared corporate director
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Shared corporate director
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Show 6 more companies with a shared director
Shared corporate director
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Shared corporate director
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Shared corporate director
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Shared corporate director
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Shared corporate director
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Shared corporate director
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Public money · subsidies and aid
Flemish government
2025 · 1 entry · 297 EUR awarded · 297 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 297 EUR | 297 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,706 companies in sector 81230 we hold annual accounts for 473. 361 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-05-2018
Fiscal year end31-12
Activities, NACEBEL 2025
25510Coating of metals
81230Other cleaning activities
43350Other building finishing work
46180Agents specialised in the wholesale of other particular products
81220Other building cleaning and industrial cleaning
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.