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 2025 and 2026.
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Busy address KBO
41 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2026
IPF-I Feeder from Antwerpen, company number BE0767778358, closed financial year 2026 with a result of € -194,562 after tax. For that financial year IPF-I Feeder recorded a gross margin of € -179,442 and equity of € 25 million. Compared with financial year 2025, the result moved from € -329,914 to € -194,562. 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 August 28, 2026.
€ 25 million
▼ 7% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -194,562
▲ 41 % less loss than in 2025
Profit after tax over the fiscal year.
€ 408,737
▲ 16% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.2 million.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 61,314
▼ 44% vs 2025
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € -193,527 | € -159,182 | € -309,612 | € -179,442 | ▲ € 130,170 |
| Profit after taxes | € -228,399 | € -239,863 | € -329,914 | € -194,562 | ▲ € 135,352 |
| Equity | € 13,484,157 | € 20,117,370 | € 26,976,368 | € 24,977,350 | ▼ 7% |
| Total debts | € 304,942 | € 227,115 | € 463,782 | € 430,635 | ▼ 7% |
| Cash | € 311,321 | € 218,401 | € 353,695 | € 408,737 | ▲ 16% |
| Retained profit | € -403,301 | € -643,164 | € -973,078 | € -1,167,640 | ▼ € 194,562 |
| Balance sheet total | € 13,789,098 | € 20,344,485 | € 27,440,150 | € 25,407,984 | ▼ 7% |
Key figures of IPF-I Feeder, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to IPF-I Feeder?
What happened at IPF-I Feeder in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 194,562. Source: NBB ↗
- New establishment in Antwerpen. KBO
- IPF-I FEEDER GP became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 228,399 loss in 2023 to € 194,562 loss in 2026.
Management
The stake of KORYS INVESTMENTS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IPF-I FeederBehind IPF-I Feeder is IPF-I FEEDER GP. The shares are held by IPF -I Feeder GP and KORYS INVESTMENTS (40.4%). It owns 46.3% of Incofin India Progress fund itself.
Directors
According to the 2026 annual accounts
Manager · represented by Paul BUYSENS
since 2021
Shareholders
Participations
Incofin India Progress fund
46.3%
Establishments
Establishment units
Physical locations of this company
Sneeuwbeslaan 20 box 2
2610 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 41 companies are registered at this address.
All companies at this address →Association belge des Analystes financiers - Belgische Vereniging der Financiële Analisten
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0767.778.358
- VAT number
- BE 0767.778.358
- Registered office
- Sneeuwbeslaan 20 bus 2, 2610 Antwerpen
- Names & denominations
- IPF-I Feeder
- Enterprise type
- Rechtspersoon
- Legal form
- Limited partnership
- Legal situation
- Normale toestand
- Start date
- 3 May 2021
- Peppol
- Active · Active since 17 Dec 2025