What is the address of IPEX?

The registered office of IPEX is located at Avenue Landas 5, 1480 Tubize.

Is IPEX still active?

Yes. According to the CBE (29 October 2026) IPEX is active, legal situation “Normale toestand”, started on 3 July 1986.

Is IPEX registered on Peppol?

Yes, IPEX is registered on the Peppol network with ID 0208:0429119090.

What is the enterprise number of IPEX?

The enterprise number of IPEX is BE0429119090.

When was IPEX founded?

IPEX was founded on 3 July 1986.

Who are the directors of IPEX?

According to the 2025 annual accounts, the directors of IPEX are: SPARAXIS SA, Wallonie Entreprendre SA, ON LINE MANAGEMENT SRL, VADIMO SA.

Is IPEX a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 3 July 1986; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did IPEX make in 2025?

IPEX posted a profit after taxes of € 401,498 in financial year 2025.

What is the revenue of IPEX?

In its most recent annual accounts (2025), IPEX reported revenue of € 31,711,976.

How much does an employee at IPEX earn?

The average wage cost per full-time employee at IPEX was € 78,400 in 2025: staff costs of € 3.9 million for 49.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does IPEX have?

According to the 2025 annual accounts, IPEX has 49.1 full-time equivalents (FTE).

IPEX (Public Limited) - Tubize - BE0429119090

Q: What does IPEX do?

IPEX is registered with the CBE as active in: Computerinfrastructuur, gegevensverwerking, hosting en aanverwante activiteiten. Public Limited, started on 3 July 1986, 1 establishment.

Dossier IPEX, printed on 29 October 2026 from databakkes.be/en/0429119090/ipex. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

IPEX from Tubize, company number BE0429119090, closed financial year 2025 with a result of € 401,498 after tax. For that financial year IPEX recorded revenue of € 31.7 million and equity of € 23.1 million. Compared with financial year 2024, the result moved from € 432,868 to € 401,498. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 28, 2026.

What it is worth Growing

€ 23.1 million

▲ € 20.4 million vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 401,498

▼ 7% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1 million

▼ 17% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 2.8 million.

People and assets in 2025

Full-time equivalents

49.1

▲ 2.8 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 5.7 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 3.9 million

▲ 7% vs 2024

€ 78,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 1.4 million

▼ 11% vs 2024

Of which on lease € 499,207.

Debts at end 2025

Bank debt ≈ 7 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 16.1 million

▲ 261% vs 2024

€ 2.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 3.5 million

▲ 1% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 48 days on average.

Taxes and wages

€ 805,789

▲ 16% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 22,305,500 Revenue 2022: € 22,305,500 First fiscal year in the series	€ 26,571,128 Revenue 2023: € 26,571,128 ▲ 19% vs 2022 (€ 22,305,500) Favourable step	€ 30,217,671 Revenue 2024: € 30,217,671 ▲ 14% vs 2023 (€ 26,571,128) Favourable step	€ 31,711,976 Revenue 2025: € 31,711,976 ▲ 5% vs 2024 (€ 30,217,671) Favourable step	▲ 5%
Profit after taxes	€ 61,224 Profit after taxes 2022: € 61,224 First fiscal year in the series	€ 550,222 Profit after taxes 2023: € 550,222 ▲ € 488,998 vs 2022 (€ 61,224) Favourable step	€ 432,868 Profit after taxes 2024: € 432,868 ▼ 21% vs 2023 (€ 550,222) Unfavourable step	€ 401,498 Profit after taxes 2025: € 401,498 ▼ 7% vs 2024 (€ 432,868) Unfavourable step	▼ 7%
Equity	€ 1,858,645 Equity 2022: € 1,858,645 First fiscal year in the series	€ 2,336,135 Equity 2023: € 2,336,135 ▲ 26% vs 2022 (€ 1,858,645) Favourable step	€ 2,709,700 Equity 2024: € 2,709,700 ▲ 16% vs 2023 (€ 2,336,135) Favourable step	€ 23,146,657 Equity 2025: € 23,146,657 ▲ € 20.4 million vs 2024 (€ 2,709,700) Favourable step	▲ € 20.4 million
Total debts	€ 7,528,437 Total debts 2022: € 7,528,437 First fiscal year in the series	€ 10,321,267 Total debts 2023: € 10,321,267 ▲ 37% vs 2022 (€ 7,528,437) Unfavourable step	€ 9,758,338 Total debts 2024: € 9,758,338 ▼ 5% vs 2023 (€ 10,321,267) Favourable step	€ 21,340,949 Total debts 2025: € 21,340,949 ▲ 119% vs 2024 (€ 9,758,338) Unfavourable step	▲ 119%
Cash	€ 1,074,336 Cash 2022: € 1,074,336 First fiscal year in the series	€ 795,870 Cash 2023: € 795,870 ▼ 26% vs 2022 (€ 1,074,336) Unfavourable step	€ 1,207,778 Cash 2024: € 1,207,778 ▲ 52% vs 2023 (€ 795,870) Favourable step	€ 1,005,652 Cash 2025: € 1,005,652 ▼ 17% vs 2024 (€ 1,207,778) Unfavourable step	▼ 17%
Retained profit	€ 1,535,778 Retained profit 2022: € 1,535,778 First fiscal year in the series	€ 2,036,000 Retained profit 2023: € 2,036,000 ▲ 33% vs 2022 (€ 1,535,778) Favourable step	€ 2,428,868 Retained profit 2024: € 2,428,868 ▲ 19% vs 2023 (€ 2,036,000) Favourable step	€ 2,830,366 Retained profit 2025: € 2,830,366 ▲ 17% vs 2024 (€ 2,428,868) Favourable step	▲ 17%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 50,000 Dividend 2023: € 50,000 Unchanged (€ 0) Unchanged	€ 40,000 Dividend 2024: € 40,000 ▼ 20% vs 2023 (€ 50,000) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 40,000) Unchanged	▼ 100%
Bank debt	€ 3,280,013 Bank debt 2022: € 3,280,013 First fiscal year in the series	€ 4,979,966 Bank debt 2023: € 4,979,966 ▲ 52% vs 2022 (€ 3,280,013) Unfavourable step	€ 4,471,828 Bank debt 2024: € 4,471,828 ▼ 10% vs 2023 (€ 4,979,966) Favourable step	€ 16,130,403 Bank debt 2025: € 16,130,403 ▲ 261% vs 2024 (€ 4,471,828) Unfavourable step	▲ 261%
Balance sheet total	€ 9,411,582 Balance sheet total 2022: € 9,411,582 First fiscal year in the series	€ 12,657,402 Balance sheet total 2023: € 12,657,402 ▲ 34% vs 2022 (€ 9,411,582) Unchanged	€ 12,468,037 Balance sheet total 2024: € 12,468,037 ▼ 1% vs 2023 (€ 12,657,402) Unchanged	€ 44,487,607 Balance sheet total 2025: € 44,487,607 ▲ 257% vs 2024 (€ 12,468,037) Unchanged	▲ 257%
Employees (FTE)	45.2 Employees (FTE) 2022: 45.2 First fiscal year in the series	47 Employees (FTE) 2023: 47 ▲ 1.8 vs 2022 (45.2) Unchanged	46.3 Employees (FTE) 2024: 46.3 ▼ 0.7 vs 2023 (47) Unchanged	49.1 Employees (FTE) 2025: 49.1 ▲ 2.8 vs 2024 (46.3) Unchanged	▲ 2.8

Key figures of IPEX, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to IPEX?

What happened at IPEX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 SPARAXIS SA stepped down as director. NBB
2029 VADIMO SA stepped down as director. NBB
2028 ON LINE MANAGEMENT SRL stepped down as director. NBB
May 28, 2026 New annual accounts for financial year 2025: profit of € 401,498 (▼ 7% vs 2024). Source: NBB ↗
2025 Wallonie Entreprendre SA stepped down as director. NBB
2025 ON LINE MANAGEMENT SRL became a director. NBB
2023 SPARAXIS SA became a director. NBB
2023 Wallonie Entreprendre SA became a director. NBB

In short

From € 61,224 profit in 2022 to € 401,498 profit in 2025.

Paid € 22,544 in corporate taxes since 2022.

Best year ever: 2023, with € 550,222 profit.

Paid out € 90,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Wallonie Entreprendre 22.3%

BELUFLO 5%

The stake of Wallonie Entreprendre, BELUFLO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

IPEX

IPEX Vlaanderen 100%

VENTURIS 100%

IPEX LIEGE 100%

The shares are held by Wallonie Entreprendre (22.3%) and BELUFLO (5%). It owns 100% of IPEX Vlaanderen, 100% of VENTURIS and 100% of IPEX LIEGE itself.

Directors

According to the 2025 annual accounts

SPARAXIS SA

Director · represented by Yves MEURICE

Also active at: C.P. Bourg, A.M.B., Jean Goldschmidt International, Ateliers Pierre Cerfontaine, Floridienne, Fonderies J. Marichal Ketin et Cie, JUNGLING, MEBF +224 more

since 2023 · until 2029

Wallonie Entreprendre SA

Director · represented by Vincent VANDREPOL

Also active at: Aciéries Somville, FRANKI, Fonderies J. Marichal Ketin et Cie, TUBES DE HAREN ET NIMY, SOGESTIMMO, T. PALM, NLMK LA LOUVIERE, PLASTURGIE LAZZERINI +45 more

since 2023 · until 2025

ON LINE MANAGEMENT SRL

Director · represented by Colin Cobbaert

Also active at: VENTURIS

since 2025 · until 2028

VADIMO SA

Managing director · represented by Rodolphe van der STRATEN WAILLET

since 2023 · until 2029

Shareholders

Wallonie Entreprendre

22.3%

BELUFLO

Participations

IPEX Vlaanderen

100%

VENTURIS

100%

IPEX LIEGE

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Avenue Landas 5

1480 Tubize

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

BL CONCEPT

€ 100,891 gross margin · 2025

RODINVEST

€ 78,343 gross margin · 2025

VENTURIS same network

€ 6.6 million revenue · 2025

VALBENOIT

€ 54,817 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0429.119.090

VAT number

BE 0429.119.090

Registered office

Avenue Landas 5, 1480 Tubize

Names & denominations

IPEX

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

3 July 1986

Peppol

Active · Active since 7 Jan 2026

Activities · NACE

Computerinfrastructuur, gegevensverwerking, hosting en aanverwante activiteiten

Gegevensverwerking

Gegevensverwerking, webhosting en aanverwante activiteiten

Activiteiten van incasso- en kredietbureaus

Overige posterijen en koeriers

Overige activiteiten op het gebied van drukwerk

View on CBE Public ↗ Annual accounts (NBB) ↗

IPEX

Financials

What happened to IPEX?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions