What does IP INITIAL do?

IP INITIAL is an IT company in Westerlo. Private Limited, started on 3 December 2001, 1 establishment.

What is the address of IP INITIAL?

The registered office of IP INITIAL is located at Dennenstraat 27, 2260 Westerlo.

Is IP INITIAL still active?

Yes. According to the CBE (29 October 2026) IP INITIAL is active, legal situation “Normale toestand”, started on 3 December 2001.

Is IP INITIAL registered on Peppol?

Yes, IP INITIAL is registered on the Peppol network with ID 0208:0476226646.

What is the enterprise number of IP INITIAL?

The enterprise number of IP INITIAL is BE0476226646.

When was IP INITIAL founded?

IP INITIAL was founded on 3 December 2001.

Who are the directors of IP INITIAL?

According to the 2025 annual accounts, the directors of IP INITIAL are: KATO GEBOERS, ROB CROONENBORGHS.

Is IP INITIAL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 3 December 2001; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did IP INITIAL make in 2025?

IP INITIAL posted a profit after taxes of € 35,091 in financial year 2025.

What is the revenue of IP INITIAL?

As a small company, IP INITIAL is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 76,453.

IP INITIAL (Private Limited) - Westerlo - BE0476226646

Dossier IP INITIAL, printed on 29 October 2026 from databakkes.be/en/0476226646/ip-initial. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

IP INITIAL from Westerlo, company number BE0476226646, closed financial year 2025 with a result of € 35,091 after tax. For that financial year IP INITIAL recorded a gross margin of € 76,453 and equity of € 266,404. Compared with financial year 2024, the result moved from € 30,053 to € 35,091. Profitable, and profit is growing. 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 December 20, 2025.

What it is worth Healthy

€ 266,404

▼ 4% vs 2024

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

Profit Growing

€ 35,091

▲ 17% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 22,373

▲ 10% vs 2024

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

Where the profit goes Pays out

€ 46,951 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Vehicles and equipment

€ 27,380

▲ € 26,246 vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 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.

€ 26,044

▲ € 24,877 vs 2024

€ 11,897 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 4,436

▲ 9% vs 2024

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

Taxes

€ 9,552

▼ 4% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 61,011 Gross margin 2022: € 61,011 First fiscal year in the series	€ 66,512 Gross margin 2023: € 66,512 ▲ 9% vs 2022 (€ 61,011) Favourable step	€ 61,645 Gross margin 2024: € 61,645 ▼ 7% vs 2023 (€ 66,512) Unfavourable step	€ 76,453 Gross margin 2025: € 76,453 ▲ 24% vs 2024 (€ 61,645) Favourable step	▲ 24%
Profit after taxes	€ 27,969 Profit after taxes 2022: € 27,969 First fiscal year in the series	€ 34,243 Profit after taxes 2023: € 34,243 ▲ 22% vs 2022 (€ 27,969) Favourable step	€ 30,053 Profit after taxes 2024: € 30,053 ▼ 12% vs 2023 (€ 34,243) Unfavourable step	€ 35,091 Profit after taxes 2025: € 35,091 ▲ 17% vs 2024 (€ 30,053) Favourable step	▲ 17%
Equity	€ 252,605 Equity 2022: € 252,605 First fiscal year in the series	€ 268,431 Equity 2023: € 268,431 ▲ 6% vs 2022 (€ 252,605) Favourable step	€ 278,264 Equity 2024: € 278,264 ▲ 4% vs 2023 (€ 268,431) Favourable step	€ 266,404 Equity 2025: € 266,404 ▼ 4% vs 2024 (€ 278,264) Unfavourable step	▼ 4%
Total debts	€ 65,737 Total debts 2022: € 65,737 First fiscal year in the series	€ 42,898 Total debts 2023: € 42,898 ▼ 35% vs 2022 (€ 65,737) Favourable step	€ 28,133 Total debts 2024: € 28,133 ▼ 34% vs 2023 (€ 42,898) Favourable step	€ 53,495 Total debts 2025: € 53,495 ▲ 90% vs 2024 (€ 28,133) Unfavourable step	▲ 90%
Cash	€ 20,018 Cash 2022: € 20,018 First fiscal year in the series	€ 15,093 Cash 2023: € 15,093 ▼ 25% vs 2022 (€ 20,018) Unfavourable step	€ 20,312 Cash 2024: € 20,312 ▲ 35% vs 2023 (€ 15,093) Favourable step	€ 22,373 Cash 2025: € 22,373 ▲ 10% vs 2024 (€ 20,312) Favourable step	▲ 10%
Land & buildings	€ 273,312 Land & buildings 2022: € 273,312 First fiscal year in the series	€ 260,633 Land & buildings 2023: € 260,633 ▼ 5% vs 2022 (€ 273,312) Unchanged	€ 249,159 Land & buildings 2024: € 249,159 ▼ 4% vs 2023 (€ 260,633) Unchanged	€ 237,832 Land & buildings 2025: € 237,832 ▼ 5% vs 2024 (€ 249,159) Unchanged	▼ 5%
Retained profit	€ 215,005 Retained profit 2022: € 215,005 First fiscal year in the series	€ 230,831 Retained profit 2023: € 230,831 ▲ 7% vs 2022 (€ 215,005) Favourable step	€ 240,664 Retained profit 2024: € 240,664 ▲ 4% vs 2023 (€ 230,831) Favourable step	€ 228,804 Retained profit 2025: € 228,804 ▼ 5% vs 2024 (€ 240,664) Unfavourable step	▼ 5%
Dividend	€ 49,460 Dividend 2022: € 49,460 First fiscal year in the series	€ 18,417 Dividend 2023: € 18,417 ▼ 63% vs 2022 (€ 49,460) Unchanged	€ 20,221 Dividend 2024: € 20,221 ▲ 10% vs 2023 (€ 18,417) Unchanged	€ 46,951 Dividend 2025: € 46,951 ▲ 132% vs 2024 (€ 20,221) Unchanged	▲ 132%
Bank debt	€ 6,621 Bank debt 2022: € 6,621 First fiscal year in the series	€ 1,250 Bank debt 2023: € 1,250 ▼ 81% vs 2022 (€ 6,621) Favourable step	€ 1,167 Bank debt 2024: € 1,167 ▼ 7% vs 2023 (€ 1,250) Favourable step	€ 26,044 Bank debt 2025: € 26,044 ▲ € 24,877 vs 2024 (€ 1,167) Unfavourable step	▲ € 24,877
Balance sheet total	€ 340,139 Balance sheet total 2022: € 340,139 First fiscal year in the series	€ 333,125 Balance sheet total 2023: € 333,125 ▼ 2% vs 2022 (€ 340,139) Unchanged	€ 328,194 Balance sheet total 2024: € 328,194 ▼ 1% vs 2023 (€ 333,125) Unchanged	€ 341,696 Balance sheet total 2025: € 341,696 ▲ 4% vs 2024 (€ 328,194) Unchanged	▲ 4%

Key figures of IP INITIAL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to IP INITIAL?

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

Dec 20, 2025 New annual accounts for financial year 2025: profit of € 35,091 (▲ 17% vs 2024). Source: NBB ↗
2014 KATO GEBOERS became a director. NBB
2014 ROB CROONENBORGHS became a director. NBB
Dec 21, 2001 New establishment in Westerlo. KBO
Dec 3, 2001 Start of the company according to the CBE. KBO

In short

From € 27,969 profit in 2022 to € 35,091 profit in 2025.

Paid € 52,606 in corporate taxes since 2022.

Best year ever: 2025, with € 35,091 profit.

Paid out € 135,048 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

KATO GEBOERS

ROB CROONENBORGHS

IP INITIAL

LEUNEN INVEST 7.1%

Behind IP INITIAL are KATO GEBOERS and ROB CROONENBORGHS. It owns 7.1% of LEUNEN INVEST itself.

Directors

According to the 2025 annual accounts

KATO GEBOERS

Director

since 2014

ROB CROONENBORGHS

Director

since 2014

Establishments

Establishment units

Physical locations of this company

Registered office

Dennenstraat 27

2260 Westerlo

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

Details

Company number

0476.226.646

VAT number

BE 0476.226.646

Registered office

Dennenstraat 27, 2260 Westerlo

Names & denominations

IP INITIAL

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

3 December 2001

Peppol

Active · Active since 1 Dec 2025

Activities · NACE

Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten

Computeradviesbureaus

Computerconsultancy-activiteiten

Computerinfrastructuur, gegevensverwerking, hosting en aanverwante activiteiten

Reparatie en onderhoud van computers en communicatieapparatuur

Ontwikkeling van niet-residentiële bouwprojecten

Ontwerpen van computerprogramma’s

Detailhandel in ICT-apparatuur

View on CBE Public ↗ Annual accounts (NBB) ↗

IP INITIAL

Financials

What happened to IP INITIAL?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions