IPON
ActiveSummary
IPON has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27.20M and a net result of €1.55M. Equity is growing by ~7.9% per year across the filed fiscal years. Its solvency ranks better than 74% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability61▼-10
Solvency88▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity ample (current ratio 4.0 against 4.15 in 2024; short-term debt: 17.5% and cash: 6.6% of total assets), and 37.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 68
Relative position
BE, all sectors
reference
Sector 68
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
62.6%
Return on assets
3.6%
Age of the figures
15 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 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
15 d early
2022
21 d early
2021
21 d late
2020
3 d early
2019
11 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€27.20M▲ 4.8%
2024 · €25.96M
2019: €16.88M
2020: €19.12M
2021: €20.82M
2022: €22.15M
2023: €23.95M
2024: €25.96M
2019 → 2025
Total assets
€43.46M▲ 10.2%
2024 · €39.45M
2019: €33.83M
2020: €35.63M
2021: €40.08M
2022: €43.86M
2023: €40.67M
2024: €39.45M
2019 → 2025
Net result
€1.55M▼ 39.1%
2024 · €2.55M
2019: €1.43M
2020: €2.97M
2021: €2.21M
2022: €1.89M
2023: €2.43M
2024: €2.55M
2019 → 2025
Working capital
€22.83M▲ 22.5%
2024 · €18.64M
2019: €11.13M
2020: €15.24M
2021: €16.43M
2022: €16.38M
2023: €16.82M
2024: €18.64M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€20.82M-€22.15M▲ 6.4%€23.95M▲ 8.1%€25.96M▲ 8.4%€27.20M▲ 4.8%
Operating result€2.80M-€2.74M▼ 2.2%€3.38M▲ 23.5%€3.12M▼ 7.8%€2.16M▼ 30.7%
Net result€2.21M-€1.89M▼ 14.8%€2.43M▲ 28.8%€2.55M▲ 4.8%€1.55M▼ 39.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 31% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €43.46M
Fixed assets
€13.02M ▼ 12.5%
Current assets
€30.44M ▲ 23.9%
Equity and liabilities €43.46M
Equity
€27.20M ▲ 4.8%
Provisions
€133k ▼ 6.6%
Debt
€16.13M ▲ 20.9%
Debt's share of the balance-sheet total rises from 33.8% to 37.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€2.29M▼
2024 · €3.25M
Cash flow
€1.67M▼
2024 · €2.68M
Current ratio
4.00▼
2024 · 4.15
Quick ratio
2.13▼
2024 · 2.56
Debt to equity
0.59▲
2024 · 0.51
ROE
5.7%▼
2024 · 9.8%
ROA
3.6%▼
2024 · 6.5%
Interest coverage
4.58▼
2024 · 5.34
Debt ≤ 1 year
€7.61M▲
2024 · €5.92M
Debt > 1 year
€8.24M▲
2024 · €7.31M
Income taxes
€539k▼
2024 · €668k
Staff costs
€278k▲
2024 · €277k
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 · 65 lines
Balance sheet
Code20242025
Assets
Total assets20/58€39.45M€43.46M▲
Fixed assets21/28€14.89M€13.02M▼
Tangible fixed assets22/27€14.74M€12.86M▼
Land and buildings22€14.71M€12.82M▼
Plant, machinery and equipment23€32k€22k▼
Furniture and vehicles24-€22k
Financial fixed assets28€146k€157k▲
Current assets29/58€24.56M€30.44M▲
Stocks and contracts in progress3€9.40M€14.24M▲
Stocks30/36€9.40M€14.24M▲
Amounts receivable within one year40/41€13.67M€13.32M▼
Trade receivables40€2.36M€3.53M▲
Other amounts receivable41€11.31M€9.79M▼
Cash at bank and in hand54/58€1.41M€2.86M▲
Deferred charges and accrued income490/1€88k€33k▼
Equity and liabilities
Total equity and liabilities10/49€39.45M€43.46M▲
Equity10/15€25.96M€27.20M▲
Contributions10/11€492k€492k=
Capital10€492k€492k=
Issued capital100€492k€492k=
Reserves13€2.92M€2.62M▼
Non-distributable reserves130/1€49k€49k=
Legal reserve130€49k€49k=
Tax-exempt reserves132€2.87M€2.58M▼
Profit (loss) carried forward14€22.55M€24.08M▲
Provisions and deferred taxes16€142k€133k▼
Deferred taxes168€142k€133k▼
Amounts payable17/49€13.35M€16.13M▲
Amounts payable after more than one year17€7.31M€8.24M▲
Financial debts170/4€5.82M€6.75M▲
Other amounts payable178/9€1.49M€1.49M=
Amounts payable within one year42/48€5.92M€7.61M▲
Financial debts43€712k€717k▲
Credit institutions430/8€712k€717k▲
Trade debts44€1.85M€1.32M▼
Suppliers440/4€1.85M€1.32M▼
Taxes, remuneration and social security45€81k€240k▲
Taxes450/3€39k€184k▲
Remuneration and social security454/9€43k€55k▲
Other amounts payable47/48€3.28M€5.33M▲
Accrued charges and deferred income492/3€119k€280k▲
Income statement
Code20242025
Remuneration, social security and pensions62€277k€278k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€130k€125k▼
Other operating charges640/8€262k€116k▼
Non-recurring operating charges66A-€310
Gross operating margin9900€3.79M€2.68M▼
Operating profit (loss)9901€3.12M€2.16M▼
Financial income75/76B€693k€416k▼
Recurring financial income75€693k€416k▼
Financial charges65/66B€608k€500k▼
Recurring financial charges65€608k€500k▼
Profit (loss) for the period before taxes9903€3.20M€2.08M▼
Transfer from deferred taxes780€9k€9k=
Income taxes67/77€668k€539k▼
Profit (loss) for the period9904€2.55M€1.55M▼
Transfer from tax-exempt reserves789€181k€926k▲
Transfer to tax-exempt reserves689€632k€632k=
Profit (loss) for the period to be appropriated9905€2.09M€1.84M▼
Appropriation of the result
Profit (loss) to be appropriated9906€23.09M€24.39M▲
Profit (loss) brought forward from the previous period14P€20.99M€22.55M▲
Profit to be distributed694/7€541k€309k▼
Return on contributions (dividend)694€400k€285k▼
Directors or managers695€120k-
Employees696€21k€24k▲
Social balance
Average headcount (FTE)90873.43.1▼
The notes to these accounts (16 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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Equity above €25MEq €25.96M ▲8.4%
6 profitable years in a row build equity to €25.96M.
16-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
10-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
21-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 21 days late
2021
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Highest result since 2019net €2.97M ▲108%
Operating result €4.33M, net result €2.97M, both a record.
20-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
18-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-01
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.
Directors · office · real estate
Directors
13 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, Temse · 1 establishment unit since 1983
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.
Kapelanielaan 9 C9140 TemseGround area
5,153 m²
Building footprint
2,891 m²
Volume, LiDAR
17,841 m³
2 parcels, Flanders · tallest building 42.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kapelanielaan 9C, 9140 Temse
since 19832.024.392.770
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46025B0241/00L000 | Flanders | 4,850 m² | 1 · 2,588 m² | 42.6 m · 2 fl. |
| 46025B0231/00T000 | Flanders | 303 m² | 1 · 303 m² | 5.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 3,547 EUR awarded · 3,547 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 3,360 EUR | 3,360 EUR |
| 2024 | 1 | 0 EUR | 187 EUR |
| 2023 | 1 | 187 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
549300MVNQJXTA05I819
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Of 11,747 companies in sector 68310 we hold annual accounts for 6,905. 434 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 formPublic limited company
Founded01-10-1983
Fiscal year end30-06
Activities, NACEBEL 2025
68121Development of residential building projects
68310Real estate agency activities
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.