IPEX
ActiveSummary
IPEX has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23.15M and a net result of €401k. Equity is growing by ~20.3% per year across the filed fiscal years. Its solvency ranks better than 60% of 179 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, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▼-2
Solvency77▲+30
Growth80▼-2
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.75M at 30 days acceptable
Liquidity short (current ratio 0.84 against 0.84 in 2024; short-term debt: 20% and cash: 2.3% of total assets), and 48% 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+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Sector 63
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
52%
Return on assets
0.9%
Age of the figures
9 mo
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 28-05-2026, 64 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
64 d early
2024
59 d early
2023
58 d early
2022
75 d early
2021
61 d early
2020
30 d early
2019
7 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 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, full schema
Turnover
€31.71M▲ 4.9%
2024 · €30.22M
2018: €11.46M
2020: €16.28M
2021: €20.82M
2022: €22.31M
2023: €26.57M
2024: €30.22M
2018 → 2025
EBIT margin
2.2%▼ 0.1pp
2024 · 2.3%
2018: 3.6%
2020: 0.2%
2021: 3.0%
2022: 0.5%
2023: 2.9%
2024: 2.3%
2018 → 2025
Net result
€401k▼ 7.2%
2024 · €433k
2018: €356k
2020: €30k
2021: €603k
2022: €61k
2023: €550k
2024: €433k
2018 → 2025
Working capital
€-1.42M▼ 12.1%
2024 · €-1.27M
2018: €1.51M
2020: €418k
2021: €369k
2022: €-268k
2023: €-858k
2024: €-1.27M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€20.82M-€22.31M▲ 7.1%€26.57M▲ 19.1%€30.22M▲ 13.7%€31.71M▲ 4.9%
Equity€1.80M-€1.86M▲ 3.5%€2.34M▲ 25.7%€2.71M▲ 16.0%€23.15M▲ 754%
Operating result€627k-€122k▼ 80.5%€769k▲ 530%€688k▼ 10.5%€692k▲ 0.6%
Net result€603k-€61k▼ 89.8%€550k▲ 799%€433k▼ 21.3%€401k▼ 7.2%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €44.49M
Fixed assets
€36.99M ▲ 556%
Current assets
€7.50M ▲ 9.7%
Equity and liabilities €44.49M
Equity
€23.15M ▲ 754%
Debt
€21.34M ▲ 119%
Debt's share of the balance-sheet total falls from 78.3% to 48.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€3.13M▲
2024 · €2.79M
Cash flow
€2.84M▲
2024 · €2.53M
Current ratio
0.84▼
2024 · 0.84
Quick ratio
0.78▲
2024 · 0.77
Debt to equity
0.92▼
2024 · 3.60
ROE
1.7%▼
2024 · 16.0%
ROA
0.9%▼
2024 · 3.5%
Interest coverage
11.74▲
2024 · 11.20
Debt ≤ 1 year
€8.92M▲
2024 · €8.10M
Debt > 1 year
€12.31M▲
2024 · €1.56M
Income taxes
€6k▲
2024 · €5k
Staff costs
€3.85M▲
2024 · €3.61M
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 · 87 lines
Balance sheet
Code20242025
Assets
Total assets20/58€12.47M€44.49M▲
Fixed assets21/28€5.64M€36.99M▲
Intangible fixed assets21€2.25M€3.45M▲
Tangible fixed assets22/27€2.49M€2.55M▲
Plant, machinery and equipment23€71k€46k▼
Furniture and vehicles24€1.07M€911k▼
Leasing and similar rights25€518k€499k▼
Other tangible fixed assets26€829k€1.10M▲
Financial fixed assets28€903k€30.99M▲
Affiliated companies280/1€898k€30.98M▲
Participating interests280€898k€30.98M▲
Other financial fixed assets284/8€6k€6k=
Amounts receivable and cash guarantees285/8€6k€6k=
Current assets29/58€6.83M€7.50M▲
Stocks and contracts in progress3€609k€537k▼
Stocks30/36€609k€537k▼
Goods purchased for resale34€609k€537k▼
Amounts receivable within one year40/41€4.61M€5.60M▲
Trade receivables40€4.61M€5.44M▲
Other amounts receivable41-€160k
Cash at bank and in hand54/58€1.21M€1.01M▼
Deferred charges and accrued income490/1€407k€357k▼
Equity and liabilities
Total equity and liabilities10/49€12.47M€44.49M▲
Equity10/15€2.71M€23.15M▲
Contributions10/11€254k€20.25M▲
Capital10€254k€20.25M▲
Issued capital100€254k€20.25M▲
Reserves13€35k€55k▲
Non-distributable reserves130/1€25k€45k▲
Legal reserve130€25k€45k▲
Distributable reserves133€9k€9k=
Profit (loss) carried forward14€2.39M€2.78M▲
Investment grants15€27k€62k▲
Amounts payable17/49€9.76M€21.34M▲
Amounts payable after more than one year17€1.56M€12.31M▲
Financial debts170/4€1.56M€12.31M▲
Subordinated loans170€67k€33k▼
Leasing and similar obligations172€240k€343k▲
Credit institutions173€1.26M€11.93M▲
Amounts payable within one year42/48€8.10M€8.92M▲
Current portion of amounts payable after more than one year42€714k€2.17M▲
Financial debts43€2.19M€1.65M▼
Credit institutions430/8€2.19M€1.65M▼
Trade debts44€3.45M€3.47M▲
Suppliers440/4€3.45M€3.47M▲
Advances received on contracts in progress46€890k€819k▼
Taxes, remuneration and social security45€695k€806k▲
Taxes450/3€252k€254k▲
Remuneration and social security454/9€443k€552k▲
Other amounts payable47/48€153k-
Accrued charges and deferred income492/3€96k€116k▲
Income statement
Code20242025
Operating income70/76A€31.36M€33.51M▲
Turnover70€30.22M€31.71M▲
Own construction capitalised72€200k€171k▼
Other operating income74€935k€870k▼
Non-recurring operating income76A€12k€761k▲
Operating charges60/66A€30.68M€32.82M▲
Goods for resale, raw materials and consumables60€20.36M€20.85M▲
Purchases600/8€20.42M€20.77M▲
Change in stocks: decrease (increase)609€-59k€72k▲
Services and other goods61€4.58M€5.65M▲
Remuneration, social security and pensions62€3.61M€3.85M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2.10M€2.44M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€322€10k▲
Other operating charges640/8€16k€22k▲
Non-recurring operating charges66A€9k€569▼
Operating profit (loss)9901€688k€692k▲
Financial income75/76B€28k€40k▲
Recurring financial income75€28k€40k▲
Income from financial fixed assets750€21k€34▼
Other financial income752/9€7k€40k▲
Financial charges65/66B€278k€324k▲
Recurring financial charges65€278k€324k▲
Debt charges650€249k€267k▲
Other financial charges652/9€29k€58k▲
Profit (loss) for the period before taxes9903€438k€407k▼
Income taxes67/77€5k€6k▲
Taxes670/3€5k€6k▲
Profit (loss) for the period9904€433k€401k▼
Profit (loss) for the period to be appropriated9905€433k€401k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.43M€2.80M▲
Profit (loss) brought forward from the previous period14P€2.00M€2.39M▲
Transfer to equity691/2-€20k
To the legal reserve6920-€20k
Profit to be distributed694/7€40k-
Directors or managers695€40k-
Social balance
Average headcount (FTE)908746.349.1▲
The notes to these accounts (106 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
20-07
State Gazette act
Reappointment: C2 Réviseurs et Associés SRL (statutory auditor)2 facts ▸
State Gazette act
Reappointment: C2 Réviseurs et Associés SRL (statutory auditor)
2 facts ▸
- General meeting, 19-05-2026
- Auditor reappointment, C2 Réviseurs et Associés SRL
28-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Equity above €10MEq €23.15M ▲754%
7 profitable years in a row build equity to €23.15M.
30-10
State Gazette act
Resignation: Wallonie Entreprendre (director)Appointment: ON LINE MANAGEMENT (non-statutory director) · Permanent representative: Colin Cobbaert · Reappointments: VADIMO (director) and SPARAXIS (director)18 facts ▸
State Gazette act
Resignation: Wallonie Entreprendre (director)
Appointment: ON LINE MANAGEMENT (non-statutory director) · Permanent representative: Colin Cobbaert · Reappointments: VADIMO (director) and SPARAXIS (director)18 facts ▸
- General meeting, 16-10-2025
- Capital increase, €8.000.000
- Capital increase, €12.000.000
- Capital, €20.254.000
- Director resignation, Wallonie Entreprendre (director)
- Director appointment, ON LINE MANAGEMENT (non-statutory director)
- Permanent representative, Colin Cobbaert
- Director reappointment, VADIMO (director)
- Director reappointment, SPARAXIS (director)
- Board composition, ON LINE MANAGEMENT (director)
- Board composition, VADIMO (managing director)
- Board composition, SPARAXIS (director)
- +6 further facts in this act
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
19-06
State Gazette act
Reappointment: C2 Réviseurs et associé SRL (statutory auditor)2 facts ▸
State Gazette act
Reappointment: C2 Réviseurs et associé SRL (statutory auditor)
2 facts ▸
- General meeting, 21-05-2024
- Auditor reappointment, C2 Réviseurs et associé SRL
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €2MEq €2.34M ▲25.7%
5 profitable years in a row build equity to €2.34M.
07-06
State Gazette act
Reappointments: VADIMO SA (managing director) and SPAXARIS SA (director)Permanent representatives: Rodolphe van der Straten Waillet, Yves Meurice and Vincent Vandrepol · Resignation: SOGEPA SA (Société Wallonne de Gestion et de Participations SA) (director) · Appointment: Wallonie Entreprendre (director)8 facts ▸
State Gazette act
Reappointments: VADIMO SA (managing director) and SPAXARIS SA (director)
Permanent representatives: Rodolphe van der Straten Waillet, Yves Meurice and Vincent Vandrepol · Resignation: SOGEPA SA (Société Wallonne de Gestion et de Participations SA) (director) · Appointment: Wallonie Entreprendre (director)8 facts ▸
- General meeting, 16-05-2023
- Director reappointment, VADIMO SA (managing director)
- Permanent representative, Rodolphe van der Straten Waillet
- Director reappointment, SPAXARIS SA (director)
- Permanent representative, Yves Meurice
- Director resignation, SOGEPA SA (Société Wallonne de Gestion et de Participations SA) (director)
- Director appointment, Wallonie Entreprendre (director)
- Permanent representative, Vincent Vandrepol
17-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
06-01
State Gazette act
Purpose · Statutes amendmentPurpose change · Statutes amendment · Capital5 facts ▸
State Gazette act
Purpose · Statutes amendment
Purpose change · Statutes amendment · Capital5 facts ▸
- General meeting, 15-11-2022
- Purpose change, La société a pour objet et pourra accomplir, en Belgique et à l'étranger, tant pour elle-même que pour le compte de tous tiers ou en participation avec ceux-ci,…
- Statutes amendment
- Capital, €254.000
- Power of attorney, Organe d'administration
2022
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
Show earlier events
2021
31-12
Financial
Highest result since 2018net €603k ▲1930%
Net result €603k, the highest in the series.
26-07
State Gazette act
Reappointment: C2 REVISEURS ET ASSOCIES (statutory auditor)2 facts ▸
State Gazette act
Reappointment: C2 REVISEURS ET ASSOCIES (statutory auditor)
2 facts ▸
- General meeting, 25-06-2021
- Auditor reappointment, C2 REVISEURS ET ASSOCIES
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €30k ▼91.7%
Net result drops to €30k, the lowest in the series; recovery starts the following year.
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
06-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
12-11
State Gazette act
Permanent representative: VANDREPOL Vincent1 fact ▸
State Gazette act
Permanent representative: VANDREPOL Vincent
1 fact ▸
- Permanent representative, VANDREPOL Vincent (permanent representative)
05-11
State Gazette act
Reappointment: Cabinet C² Réviseurs et Associés SCRL (statutory auditor)2 facts ▸
State Gazette act
Reappointment: Cabinet C² Réviseurs et Associés SCRL (statutory auditor)
2 facts ▸
- General meeting, 15-05-2018
- Auditor reappointment, Cabinet C² Réviseurs et Associés SCRL
29-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
26-06
State Gazette act
Resignation: RODINVEST (director)Appointment: VADIMO S.A. (director) · Reappointments: SOCIETE WALLONNE DE GESTION ET DE PARTICIPATIONS S.A. (SOGEPA) (director) and SPARAXIS S.A. (director)6 facts ▸
State Gazette act
Resignation: RODINVEST (director)
Appointment: VADIMO S.A. (director) · Reappointments: SOCIETE WALLONNE DE GESTION ET DE PARTICIPATIONS S.A. (SOGEPA) (director) and SPARAXIS S.A. (director)6 facts ▸
- General meeting, 16-05-2017
- Director resignation, RODINVEST (director)
- Director appointment, VADIMO S.A. (director)
- Director reappointment, SOCIETE WALLONNE DE GESTION ET DE PARTICIPATIONS S.A. (SOGEPA) (director)
- Director reappointment, SPARAXIS S.A. (director)
- Director appointment, VADIMO S.A. (managing director)
31-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
12-04
State Gazette act
Reappointment: C² REVISEURS & ASSOCIES (statutory auditor)Capital decrease · Capital · Statutes amendment6 facts ▸
State Gazette act
Reappointment: C² REVISEURS & ASSOCIES (statutory auditor)
Capital decrease · Capital · Statutes amendment6 facts ▸
- General meeting, 17-03-2016
- Capital decrease, €900.114,03
- Capital, €254.000
- Statutes amendment
- Auditor reappointment, C² REVISEURS & ASSOCIES
- Power of attorney, Conseil d'administration
2014
27-10
State Gazette act
Permanent representative: SERVAIS Simon1 fact ▸
State Gazette act
Permanent representative: SERVAIS Simon
1 fact ▸
- Permanent representative, SERVAIS Simon (permanent representative)
2013
18-12
State Gazette act
Permanent representative: CLOSSEN CharlesMandate term2 facts ▸
State Gazette act
Permanent representative: CLOSSEN Charles
Mandate term2 facts ▸
- Permanent representative, CLOSSEN Charles (permanent representative)
- Mandate term, jusqu'à notification, par lettre recommandée, au Conseil d'administration de la S.A. IPEX, du retrait des pouvoirs de CLOSSEN Charles
2012
02-07
State Gazette act
Reappointments: RODINVEST (managing director) and C2 Réviseurs et Associés (commissaire aux comptes)Permanent representative: Rodolphe van der Straten Waillet4 facts ▸
State Gazette act
Reappointments: RODINVEST (managing director) and C2 Réviseurs et Associés (commissaire aux comptes)
Permanent representative: Rodolphe van der Straten Waillet4 facts ▸
- General meeting, 06-06-2012
- Director reappointment, RODINVEST (managing director)
- Permanent representative, Rodolphe van der Straten Waillet
- Auditor reappointment, C2 Réviseurs et Associés (commissaire aux comptes)
25-01
State Gazette act
Capital & shares · Statutes amendmentCapital increase · Capital decrease · Statutes amendment8 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Capital increase · Capital decrease · Statutes amendment8 facts ▸
- General meeting, 14-12-2011
- Capital increase, €412.061,11
- Capital increase, €253.314,58
- Capital increase, €400.000
- Capital decrease, €1.200.000
- Statutes amendment
- Power of attorney, Emmanuel CALAY
- Power of attorney, Emmanuel CALAY
2011
12-10
State Gazette act
Resignation: SOVERIN (director)Permanent representative: Huyts Jean-François3 facts ▸
State Gazette act
Resignation: SOVERIN (director)
Permanent representative: Huyts Jean-François3 facts ▸
- Board meeting, 08-09-2011
- Director resignation, SOVERIN (director)
- Permanent representative, Huyts Jean-François
10-08
State Gazette act
Appointments: SOCIETE WALLONNE DE GESTION ET DE PARTICIPATIONS (director) and SPARAXIS SA (director)Permanent representatives: TRINON Sophie, MEURICE Yves and 3 others · Resignations: W. INVEST SA (director) and WAUKINT SA (director)10 facts ▸
State Gazette act
Appointments: SOCIETE WALLONNE DE GESTION ET DE PARTICIPATIONS (director) and SPARAXIS SA (director)
Permanent representatives: TRINON Sophie, MEURICE Yves and 3 others · Resignations: W. INVEST SA (director) and WAUKINT SA (director)10 facts ▸
- General meeting, 30-06-2011
- Director appointment, SOCIETE WALLONNE DE GESTION ET DE PARTICIPATIONS (director)
- Permanent representative, TRINON Sophie
- Director appointment, SPARAXIS SA (director)
- Permanent representative, MEURICE Yves
- Director resignation, W. INVEST SA (director)
- Permanent representative, WAUCQUEZ Gaëtan
- Director resignation, WAUKINT SA (director)
- Permanent representative, WAUCQUEZ Loїc
- Permanent representative, van der STRATEN Rodolphe
02-02
State Gazette act
Resignation: FIJETI (director)2 facts ▸
State Gazette act
Resignation: FIJETI (director)
2 facts ▸
- Board meeting, 24-11-2010
- Director resignation, FIJETI (director)
31-01
State Gazette act
Capital & shares · Statutes amendmentCapital increase · Capital decrease · Capital8 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Capital increase · Capital decrease · Capital8 facts ▸
- General meeting, 23-12-2010
- Capital increase, €750.000,05
- Capital increase, €836.057,29
- Capital decrease, €5.319.000
- Capital increase, €400.000
- Capital, €1.288.738,34
- Statutes amendment
- Waiver of preferential subscription, Les actionnaires présents ou représentés ont renoncé à leur droit de souscription préférentielle (résolutions 4 et 12)
2010
14-12
State Gazette act
Reappointment: WAUKINT (director)Permanent representative: Loïc Waucquez3 facts ▸
State Gazette act
Reappointment: WAUKINT (director)
Permanent representative: Loïc Waucquez3 facts ▸
- General meeting, 28-06-2010
- Director reappointment, WAUKINT (director)
- Permanent representative, Loïc Waucquez
21-01
State Gazette act
Capital & shares · Statutes amendmentCapital increase · Statutes amendment4 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Capital increase · Statutes amendment4 facts ▸
- General meeting, 23-12-2009
- Capital increase, €1.150.000
- Statutes amendment
- Statutes amendment
2009
31-12
State Gazette act
Resignation: Geoffroy Jacobs (director)2 facts ▸
State Gazette act
Resignation: Geoffroy Jacobs (director)
2 facts ▸
- Board meeting, 06/10/2009
- Director resignation, Geoffroy Jacobs (director)
02-02
State Gazette act
Capital & shares · Statutes amendmentShare issue · Statutes amendment · Power of attorney6 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Share issue · Statutes amendment · Power of attorney6 facts ▸
- General meeting, 15-01-2009
- Share issue, parts bénéficiaires, 54688
- Statutes amendment
- Power of attorney
- Partnership agreement, Convention de partenariat du 8 décembre 2008 fixant les termes et conditions des parts bénéficiaires
- Pre emptive rights renunciation, Renonciation au droit de souscription préférentielle
2007
03-08
State Gazette act
Resignation: AMAURY de CROMBRUGGHE (director)Capital increase · Capital · Director discharge5 facts ▸
State Gazette act
Resignation: AMAURY de CROMBRUGGHE (director)
Capital increase · Capital · Director discharge5 facts ▸
- General meeting, 19-07-2007
- Capital increase, €350.000
- Capital, €2.330.000
- Director resignation, AMAURY de CROMBRUGGHE (director)
- Director discharge, AMAURY de CROMBRUGGHE
2005
10-10
State Gazette act
Capital & shares · Statutes amendment · RestructuringMerger · Accounting effect · Dissolution9 facts ▸
State Gazette act
Capital & shares · Statutes amendment · Restructuring
Merger · Accounting effect · Dissolution9 facts ▸
- General meeting, 07/09/2005
- Merger, 07/09/2005
- Accounting effect, 01/01/2005
- Dissolution, 07-09-2005
- Share cancellation, 605
- Power of attorney
- Shareholding, 100%
- Accounting basis, 31/12/2004
- General meeting, 07/09/2005
2004
05-08
State Gazette act
RestructuringMerger · Accounting effect · Dissolution7 facts ▸
State Gazette act
Restructuring
Merger · Accounting effect · Dissolution7 facts ▸
- General meeting, 30-06-2004
- Merger, 30-06-2004
- Accounting effect, 01-01-2004
- Dissolution, 30-06-2004
- Share cancellation, 1250
- Power of attorney, SCRL DELVAUX, FRONVILLE, SERVAIS et Associés
- Power of attorney, IPEX
08-06
State Gazette act
Restructuring · MiscellaneousMerger1 fact ▸
State Gazette act
Restructuring · Miscellaneous
Merger1 fact ▸
- Merger, 03-05-2004
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 directors, no change since 2025
ON LINE MANAGEMENT
CurrentNon-statutory director · since 16-10-2025 · Legal entity · perm. rep.: Colin Cobbaert
Wallonie Entreprendre
CurrentDirector · since 16-05-2023 · Public limited company · perm. rep.: Vincent Vandrepol
SPARAXIS
CurrentDirector · since 16-05-2017 · Public limited company · perm. rep.: Yves Meurice
VADIMO
CurrentManaging director · since 16-05-2017 · Public limited company · perm. rep.: Rodolphe van der Straten Waillet
SPARAXIS
CurrentDirector · Legal entity
VADIMO
CurrentDirector · Legal entity
4 other directors
SOCIETE WALLONNE DE GESTION ET DE PARTICIPATIONS
Not recently confirmedDirector · since 15-02-2011 · Legal entity · perm. rep.: TRINON Sophie
RODINVEST
Not recently confirmedManaging director · since 06-06-2012 · Legal entity · perm. rep.: Rodolphe van der Straten Waillet
Sparaxis SA
Not recently confirmedDirector · since 15-02-2011 · Legal entity · perm. rep.: MEURICE Yves
WAUKINT
Not recently confirmedDirector · since 28-06-2010 · Public limited company · perm. rep.: Loïc Waucquez
16-10-2025
ON LINE MANAGEMENT: Appointed as Non-statutory director
16-10-2025
WALLONIE ENTREPRENDRE: Resigned as Director
16-05-2023
Wallonie Entreprendre: Appointed as Director
16-05-2023
SPARAXIS: Mandate renewed as Director
16-05-2023
VADIMO: Mandate renewed as Managing director
Location & real-estate footprint
Registered office, Tubize · 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.
Avenue Landas 51480 TubizeGround area
4,866 m²
Building footprint
1,557 m²
Volume, LiDAR
9,878 m³
Parcel 25097C0567/00R000, Wallonia · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IPEX
since 20012.036.453.335
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25097C0567/00R000 | Wallonia | 4,866 m² | 1 · 1,557 m² | 7.9 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.
Statutory auditor
1 auditor| C2 Réviseurs et Associés SRLCurrent Auditor | 19-05-2026 → present |
Show 4 earlier auditors
| C2 Réviseurs et associé SRL Auditor succeeded by C2 Réviseurs et Associés SRL in 2026 | 21-05-2024 → 19-05-2026 |
| Cabinet C² Réviseurs et Associés SCRL Auditor succeeded by C2 Réviseurs et associé SRL in 2024 | 15-05-2018 → 21-05-2024 |
| C² REVISEURS & ASSOCIES Auditor succeeded by Cabinet C² Réviseurs et Associés SCRL in 2018 | 17-03-2016 → 15-05-2018 |
| C² Reviseurs et Associés Commissaire aux comptes succeeded by C² REVISEURS & ASSOCIES in 2016 | 06-06-2012 → 17-03-2016 |
Structure & network
Connections & network
23 connected companiesLinked via shared directors
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Acquisitions and mergers
2 transactionsTook over:CARTOPRINT
Took over:ETINCO
Capital and shareholders
Capital over the years
- 30-10-2025 Capital increase of 8,000,000 EUR · to 8,254,000 EUR · 16,766,627 new shares · in kind
- 30-10-2025 Capital increase of 12,000,000 EUR · to 20,254,000 EUR · 25,149,939 new shares · in cash
- 06-01-2023 Capital stated in the act · 254,000 EUR · 83,833,131 shares
- 12-04-2016 Capital reduction of 900,114.03 EUR · to 254,000 EUR · to absorb losses
- 25-01-2012 Capital increase of 412,061.11 EUR · to 1,700,799.45 EUR · 8,305,005 new shares · in kind
- 25-01-2012 Capital increase of 253,314.58 EUR · to 1,954,114.03 EUR · 5,105,502 new shares · in kind
- 25-01-2012 Capital increase of 400,000 EUR · to 2,354,114.03 EUR · 38,175,224 new shares · in cash
- 25-01-2012 Capital reduction of 1,200,000 EUR · to 1,154,114.03 EUR · to absorb losses
Show 6 older capital entries
- 31-01-2011 Capital increase of 750,000.05 EUR · to 5,371,681.05 EUR · 15,000,001 new shares · in cash
- 31-01-2011 Capital increase of 836,057.29 EUR · to 6,207,738.34 EUR · 8,061,850 new shares · in kind
- 31-01-2011 Capital reduction of 5,319,000 EUR · to 888,738.34 EUR · to absorb losses
- 31-01-2011 Capital increase of 400,000 EUR · to 1,288,738.34 EUR · 8,061,850 new shares · in cash
- 21-01-2010 Capital increase of 1,150,000 EUR · to 4,621,681 EUR · 359,374 new shares · “apport de créances”
- 03-08-2007 Capital increase of 350,000 EUR · to 2,330,000 EUR · 54,688 new shares · in kind
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Of 2,725 companies in sector 63100 we hold annual accounts for 1,271. 90 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
Founded03-07-1986
Fiscal year end31-12
Activities, NACEBEL 2025
63100Computing infrastructure, data processing, hosting and related activities
18120Other printing
53200Other postal and courier activities
82910Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.