Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
Financials
Financial year 2024
IPSIS WORKS from Sint-Pieters-Woluwe, company number BE0440038223, closed financial year 2024 with a result of € -23,153 after tax. For that financial year IPSIS WORKS recorded a gross margin of € 53,460 and equity of € 75,119. Compared with financial year 2023, the result moved from € -31,117 to € -23,153. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 24, 2025.
€ 75,119
▼ 24% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -23,153
▲ 26 % less loss than in 2023
Profit after tax over the fiscal year.
€ 17,792
▲ 275% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -348,827.
People and assets in 2024
€ 55
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 4,014
▲ 2% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 1.1 million
▼ 4% vs 2023
€ 38,439 is repaid this year. At this pace the long-term loan is gone in ≈ 28 years.
€ 44,356
▲ 22% vs 2023
Supplier invoices still open on the last day of the fiscal year.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 67,747 | € 72,059 | € 42,595 | € 53,460 | ▲ 26% |
| Profit after taxes | € -40,278 | € -43,532 | € -31,117 | € -23,153 | ▲ € 7,964 |
| Equity | € 72,921 | € 29,389 | € 98,272 | € 75,119 | ▼ 24% |
| Total debts | € 1,218,945 | € 1,191,622 | € 1,159,163 | € 1,123,753 | ▼ 3% |
| Cash | € 35,897 | € 21,014 | € 4,744 | € 17,792 | ▲ 275% |
| Land & buildings | € 1,136,201 | € 1,083,532 | € 1,130,863 | € 1,078,193 | ▼ 5% |
| Retained profit | € -251,025 | € -294,558 | € -325,675 | € -348,827 | ▼ € 23,153 |
| Bank debt | € 1,182,984 | € 1,154,974 | € 1,122,836 | € 1,079,396 | ▼ 4% |
| Balance sheet total | € 1,291,866 | € 1,221,011 | € 1,257,435 | € 1,198,872 | ▼ 5% |
Key figures of IPSIS WORKS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to IPSIS WORKS?
What happened at IPSIS WORKS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 23,153. filed late Source: NBB ↗
- Tom Gastmans stepped down as director. NBB
- Tom Gastmans became a director. NBB
- New establishment in Sint-Pieters-Woluwe. KBO
- Start of the company according to the CBE. KBO
In short
From € 40,278 loss in 2021 to € 23,153 loss in 2024.
Paid € 10,005 in corporate taxes since 2021.
A new publication or filing at IPSIS WORKS? We notify you, reason included.
Follow IPSIS WORKSDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2024 annual accounts
since 2019 · until 2025
Establishments
Establishment units
Physical locations of this company
Jan Olieslagerslaan 1 box 11
1150 Sint-Pieters-Woluwe
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0440.038.223
- VAT number
- BE 0440.038.223
- Registered office
- Jan Olieslagerslaan 1 bus 11, 1150 Sint-Pieters-Woluwe
- Names & denominations
- IPSIS WORKS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 April 1990
- Peppol
- Active · Active since 23 Mar 2026
- Activities · NACE
Activiteiten van reclamebureaus
Publiciteitsagentschappen