IPSYS is a farm in Lincent. Cooperative, started on 20 February 1990, 2 establishments.

What is the address of IPSYS?

The registered office of IPSYS is located at Rue de la Gironde 13, 4287 Lincent.

Is IPSYS still active?

Yes. According to the CBE (29 October 2026) IPSYS is active, legal situation “Normale toestand”, started on 20 February 1990.

Is IPSYS registered on Peppol?

Yes, IPSYS is registered on the Peppol network with ID 0208:0439904797.

What is the enterprise number of IPSYS?

The enterprise number of IPSYS is BE0439904797.

When was IPSYS founded?

IPSYS was founded on 20 February 1990.

Who are the directors of IPSYS?

According to the 2025 annual accounts, the directors of IPSYS are: Etienne ROELS.

Is IPSYS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 20 February 1990; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account; 2 establishments in the CBE.

How much profit did IPSYS make in 2025?

IPSYS posted a profit after taxes of € 44,186 in financial year 2025.

What is the revenue of IPSYS?

In its most recent annual accounts (2025), IPSYS reported revenue of € 220,868.

How much does an employee at IPSYS earn?

The average wage cost per full-time employee at IPSYS was € 39,100 in 2023: staff costs of € 39,135 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

IPSYS (Cooperative) - Lincent - BE0439904797

Dossier IPSYS, printed on 29 October 2026 from databakkes.be/en/0439904797/ipsys. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.
Tight liquidity NBB

Cash and receivables cover 14 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

IPSYS from Lincent, company number BE0439904797, closed financial year 2025 with a result of € 44,186 after tax. For that financial year IPSYS recorded revenue of € 220,868 and equity of € -34,585. Compared with financial year 2024, the result moved from € 15,202 to € 44,186. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.

What it is worth Caution

€ -34,585

▲ € 44,186 vs 2024

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

Profit Growing

€ 44,186

▲ 191% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 97

▼ 97% 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 € -53,185.

People and assets in 2025

Wage cost

€ 18,822

▼ 34% vs 2024

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

€ 7,845

▼ 28% vs 2024

Book value of vehicles, furniture and equipment.

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.

€ 264,620

▼ 12% vs 2024

€ 36,423 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 49,627

▼ 32% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 24,300

▲ 29% 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	€ 205,297 Revenue 2022: € 205,297 First fiscal year in the series	€ 203,245 Revenue 2023: € 203,245 ▼ 1% vs 2022 (€ 205,297) Unfavourable step	€ 205,139 Revenue 2024: € 205,139 ▲ 1% vs 2023 (€ 203,245) Favourable step	€ 220,868 Revenue 2025: € 220,868 ▲ 8% vs 2024 (€ 205,139) Favourable step	▲ 8%
Gross margin	€ 54,303 Gross margin 2022: € 54,303 First fiscal year in the series	€ 62,344 Gross margin 2023: € 62,344 ▲ 15% vs 2022 (€ 54,303) Favourable step	€ 82,574 Gross margin 2024: € 82,574 ▲ 32% vs 2023 (€ 62,344) Favourable step	€ 110,202 Gross margin 2025: € 110,202 ▲ 33% vs 2024 (€ 82,574) Favourable step	▲ 33%
Profit after taxes	€ -22,459 Profit after taxes 2022: € -22,459 First fiscal year in the series	€ -31,720 Profit after taxes 2023: € -31,720 ▼ € 9,261 vs 2022 (€ -22,459) Unfavourable step	€ 15,202 Profit after taxes 2024: € 15,202 ▲ € 46,922 vs 2023 (€ -31,720) Favourable step	€ 44,186 Profit after taxes 2025: € 44,186 ▲ 191% vs 2024 (€ 15,202) Favourable step	▲ 191%
Equity	€ -62,253 Equity 2022: € -62,253 First fiscal year in the series	€ -93,973 Equity 2023: € -93,973 ▼ € 31,720 vs 2022 (€ -62,253) Unfavourable step	€ -78,771 Equity 2024: € -78,771 ▲ € 15,202 vs 2023 (€ -93,973) Favourable step	€ -34,585 Equity 2025: € -34,585 ▲ € 44,186 vs 2024 (€ -78,771) Favourable step	▲ € 44,186
Total debts	€ 605,529 Total debts 2022: € 605,529 First fiscal year in the series	€ 603,697 Total debts 2023: € 603,697 Unchanged (€ 605,529) Favourable step	€ 601,215 Total debts 2024: € 601,215 Unchanged (€ 603,697) Favourable step	€ 518,649 Total debts 2025: € 518,649 ▼ 14% vs 2024 (€ 601,215) Favourable step	▼ 14%
Cash	-	€ 77 Cash 2023: € 77 First fiscal year in the series	€ 3,551 Cash 2024: € 3,551 ▲ € 3,474 vs 2023 (€ 77) Favourable step	€ 97 Cash 2025: € 97 ▼ 97% vs 2024 (€ 3,551) Unfavourable step	▼ 97%
Land & buildings	€ 165,000 Land & buildings 2022: € 165,000 First fiscal year in the series	€ 165,000 Land & buildings 2023: € 165,000 Unchanged (€ 165,000) Unchanged	€ 165,000 Land & buildings 2024: € 165,000 Unchanged (€ 165,000) Unchanged	€ 165,000 Land & buildings 2025: € 165,000 Unchanged (€ 165,000) Unchanged
Retained profit	€ -80,853 Retained profit 2022: € -80,853 First fiscal year in the series	€ -112,573 Retained profit 2023: € -112,573 ▼ € 31,720 vs 2022 (€ -80,853) Unfavourable step	€ -97,371 Retained profit 2024: € -97,371 ▲ € 15,202 vs 2023 (€ -112,573) Favourable step	€ -53,185 Retained profit 2025: € -53,185 ▲ € 44,186 vs 2024 (€ -97,371) Favourable step	▲ € 44,186
Bank debt	€ 364,834 Bank debt 2022: € 364,834 First fiscal year in the series	€ 338,982 Bank debt 2023: € 338,982 ▼ 7% vs 2022 (€ 364,834) Favourable step	€ 299,666 Bank debt 2024: € 299,666 ▼ 12% vs 2023 (€ 338,982) Favourable step	€ 264,620 Bank debt 2025: € 264,620 ▼ 12% vs 2024 (€ 299,666) Favourable step	▼ 12%
Balance sheet total	€ 543,276 Balance sheet total 2022: € 543,276 First fiscal year in the series	€ 509,724 Balance sheet total 2023: € 509,724 ▼ 6% vs 2022 (€ 543,276) Unchanged	€ 522,444 Balance sheet total 2024: € 522,444 ▲ 2% vs 2023 (€ 509,724) Unchanged	€ 484,064 Balance sheet total 2025: € 484,064 ▼ 7% vs 2024 (€ 522,444) Unchanged	▼ 7%
Employees (FTE)	1 Employees (FTE) 2022: 1 First fiscal year in the series	1 Employees (FTE) 2023: 1 Unchanged (1) Unchanged	0.8 Employees (FTE) 2024: 0.8 ▼ 0.2 vs 2023 (1) Unchanged	-

Key figures of IPSYS, 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 IPSYS?

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

Jun 26, 2026 New annual accounts for financial year 2025: profit of € 44,186 (▲ 191% vs 2024). Source: NBB ↗
Jan 1, 2014 New establishment in Lincent. KBO
Feb 28, 1990 New establishment in Hélécine. KBO
Feb 20, 1990 Start of the company according to the CBE. KBO

In short

From € 22,459 loss in 2022 to € 44,186 profit in 2025.

Paid € 81 in corporate taxes since 2022.

Best year ever: 2025, with € 44,186 profit.

On average € 62,300 of value added per employee in 2023.

Original PDFs at the National Bank ↗

Management

Etienne ROELS

IPSYS

Behind IPSYS is Etienne ROELS.

Directors

According to the 2025 annual accounts

Etienne ROELS

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de la Gironde 13

4287 Lincent

2.047.279.624

Rue de l' Abbaye,Neerh. 33

1357 Hélécine

Active since 28 February 1990

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

Details

Company number

0439.904.797

VAT number

BE 0439.904.797

Registered office

Rue de la Gironde 13, 4287 Lincent

Names & denominations

IPSYS

Enterprise type

Rechtspersoon

Legal form

Cooperative company

Legal situation

Normale toestand

Start date

20 February 1990

Peppol

Active · Active since 28 Nov 2025

Activities · NACE

Fokken en houden van paarden en andere paardachtigen

Activiteiten van reclamebureaus

Publiciteitsagentschappen

Overige recreatie- en ontspanningsactiviteiten, neg

Overige activiteiten i.v.m. recreatie

View on CBE Public ↗ Annual accounts (NBB) ↗

IPSYS

Warning lights

Financials

What happened to IPSYS?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions