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 2024 and 2025.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
IPS BELGIUM from Nivelles, company number BE0464078979, closed financial year 2025 with a result of € -470,537 after tax. For that financial year IPS BELGIUM recorded revenue of € 18.9 million and equity of € 528,849. Compared with financial year 2024, the result moved from € -277,998 to € -470,537. 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 July 3, 2026.
€ 528,849
▼ 48% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -470,537
▼ 69 % more loss than in 2024
Profit after tax over the fiscal year.
€ 627,199
▲ 173% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.3 million.
People and assets in 2025
96.8
▲ 15 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 10.2 million
▲ 17% vs 2024
€ 105,100 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.
€ 104,620
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.3 million
▲ 92% vs 2024
Loans from banks and other lenders, long and short.
€ 3.1 million
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 104 days on average.
€ 2.1 million
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 9,540,345 | € 18,197,436 | € 17,489,493 | € 18,877,978 | ▲ 8% |
| Profit after taxes | € -752,962 | € -112,572 | € -277,998 | € -470,537 | ▼ € 192,539 |
| Equity | € 1,488,906 | € 1,376,334 | € 1,024,124 | € 528,849 | ▼ 48% |
| Total debts | € 5,197,318 | € 5,495,369 | € 7,016,559 | € 7,478,764 | ▲ 7% |
| Cash | € 1,043,598 | € 228,071 | € 229,328 | € 627,199 | ▲ 173% |
| Land & buildings | € 1,495,423 | € 1,292,957 | € 1,104,585 | € 868,589 | ▼ 21% |
| Retained profit | € -657,562 | € -685,691 | € -879,246 | € -1,265,340 | ▼ € 386,094 |
| Bank debt | € 513,150 | € 577,106 | € 676,948 | € 1,297,641 | ▲ 92% |
| Balance sheet total | € 8,168,404 | € 8,373,200 | € 9,294,413 | € 9,261,343 | |
| Employees (FTE) | 64.9 | 69.5 | 81.8 | 96.8 | ▲ 15 |
Key figures of IPS BELGIUM, 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 IPS BELGIUM?
What happened at IPS BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- William Beyst stepped down as director. NBB
- Pro-Edge SRL stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 470,537. Source: NBB ↗
- William Beyst became a director. NBB
- Pro-Edge SRL became a director. NBB
- New establishment in Nivelles. KBO
- Start of the company according to the CBE. KBO
In short
From € 752,962 loss in 2022 to € 470,537 loss in 2025.
Paid € 836,258 in corporate taxes since 2022.
Pays suppliers within 104 days on average.
Management
The stake of GROUP-IPS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IPS BELGIUMThe shares are held by GROUP-IPS (100%).
Directors
According to the 2025 annual accounts
William Beyst
Director
since 2025 · until 2031
Managing director · represented by Nicolas Dubois
since 2025 · until 2031
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue Robert Schuman 42
1400 Nivelles
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0464.078.979
- VAT number
- BE 0464.078.979
- Registered office
- Avenue Robert Schuman 42, 1400 Nivelles
- Names & denominations
- IPS BELGIUM · I.P.S.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 September 1998
- Peppol
- Not registered
- Activities · NACE
Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts
Technische studiën en ingenieursactiviteiten
Diverse ondersteunende activiteiten ten behoeve van voorzieningen
Beheer van overig onroerend goed