Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
IPCOS from Leuven, company number BE0454964840, closed financial year 2025 with a result of € -1.2 million after tax. For that financial year IPCOS recorded revenue of € 4.6 million and equity of € 3.3 million. Compared with financial year 2024, the result moved from € -37,561 to € -1.2 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 17, 2025.
€ 3.3 million
▼ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.2 million
▼ 2971 % more loss than in 2024
Profit after tax over the fiscal year.
€ 152,255
▼ 61% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.5 million.
People and assets in 2025
19
▼ 4.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.9 million
▼ 33% vs 2024
€ 99,700 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.
€ 163,257
▼ 31% vs 2024
Of which on lease € 158,751.
Debts at end 2025
€ 160,722
▼ 29% vs 2024
€ 52,672 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 229,890
▲ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 29 days on average.
€ 299,738
▼ 23% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 5,464,973 | € 7,134,334 | € 7,318,099 | € 4,567,940 | ▼ 38% |
| Profit after taxes | € 1,720,398 | € 1,748,690 | € -37,561 | € -1,153,361 | ▼ € 1.1 million |
| Equity | € 2,641,325 | € 4,455,934 | € 4,418,373 | € 3,265,012 | ▼ 26% |
| Total debts | € 5,050,460 | € 3,154,550 | € 2,050,901 | € 1,259,562 | ▼ 39% |
| Cash | € 484,143 | € 705,404 | € 389,733 | € 152,255 | ▼ 61% |
| Retained profit | € 1,922,353 | € 3,671,043 | € 3,633,482 | € 2,480,120 | ▼ 32% |
| Dividend | € 485,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 115,235 | € 96,150 | € 227,523 | € 160,722 | ▼ 29% |
| Balance sheet total | € 7,691,785 | € 7,610,484 | € 6,469,274 | € 4,524,574 | ▼ 30% |
| Employees (FTE) | 13.9 | 16.5 | 23.3 | 19 | ▼ 4.3 |
Key figures of IPCOS, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
What happened to IPCOS?
What happened at IPCOS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Peter Van Overschee Consult BV stepped down as director. NBB
- Filip Stroobant Consult BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.2 million. Source: NBB ↗
- Peter Van Overschee Consult BV became a director. NBB
- Filip Stroobant Consult BV became a director. NBB
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.7 million profit in 2021 to € 1.2 million loss in 2025.
Paid € 607,622 in corporate taxes since 2021.
Best year ever: 2022, with € 1.7 million profit.
Paid out € 485,000 in dividends to the owners in total.
A new publication or filing at IPCOS? We notify you, reason included.
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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
The stake of IPCOS Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IPCOSThe shares are held by IPCOS Group (100%). It owns 100% of IPCOS DOF BV, 100% of IPCOS (UK) LTD and 100% of IPCOS INC. itself.
Directors
According to the 2025 annual accounts
Peter Van Overschee Consult BV
Director · represented by Peter Van Overschee
Also active at: IPCOS Group
since 2024 · until 2027
Managing director · represented by Filip Stroobant
Also active at: IPCOS Group
since 2024 · until 2027
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Geldenaaksebaan 329
3001 Leuven
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0454.964.840
- VAT number
- BE 0454.964.840
- Registered office
- Geldenaaksebaan 329, 3001 Leuven
- Names & denominations
- IPCOS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 April 1995
- Peppol
- Not registered
- Activities · NACE
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