Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
IPTE Factory Automation from Genk, company number BE0821278115, closed financial year 2025 with a result of € -19.4 million after tax. For that financial year IPTE Factory Automation recorded revenue of € 37.3 million and equity of € 30.2 million. Compared with financial year 2024, the result moved from € 2.2 million to € -19.4 million. The company made a loss. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ 30.2 million
▲ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -19.4 million
▼ still € 2.2 million profit in 2024
Profit after tax over the fiscal year.
€ 1.8 million
▼ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -12.4 million.
People and assets in 2025
96.3
▼ 7.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 7.9 million
▼ 12% vs 2024
€ 81,900 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.
€ 206,559
▼ 17% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 25.5 million
▼ 10% vs 2024
€ 1.8 million is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 12 million
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 221 days on average.
€ 1.5 million
▼ 28% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 29,210,425 | € 30,169,262 | € 31,884,460 | € 37,319,367 | ▲ 17% |
| Profit after taxes | € -11,259,073 | € 1,169,147 | € 2,213,852 | € -19,427,957 | ▼ € 21.6 million |
| Equity | € 19,606,195 | € 20,773,346 | € 22,985,867 | € 30,205,755 | ▲ 31% |
| Total debts | € 81,941,699 | € 85,941,828 | € 95,590,839 | € 76,338,842 | ▼ 20% |
| Cash | € 125,903 | € 2,645,227 | € 2,159,640 | € 1,782,467 | ▼ 17% |
| Land & buildings | € 897,181 | € 934,370 | € 999,188 | € 820,269 | ▼ 18% |
| Retained profit | € 3,455,317 | € 4,696,024 | € 6,981,436 | € -12,374,961 | ▼ € 19.4 million |
| Bank debt | € 38,755,570 | € 33,166,396 | € 28,173,564 | € 25,483,167 | ▼ 10% |
| Balance sheet total | € 102,245,973 | € 107,343,484 | € 119,354,235 | € 107,246,910 | ▼ 10% |
| Employees (FTE) | 94.9 | 98.1 | 104 | 96.3 | ▼ 7.7 |
Key figures of IPTE Factory Automation, 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 IPTE Factory Automation?
What happened at IPTE Factory Automation in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Huub Baren bv stepped down as director. NBB
- Vladimir Dobosch bv stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 19.4 million (▼ € 21.6 million vs 2024). Source: NBB ↗
- Focus Advies bv stepped down as director. NBB
- Larens Consulting bv stepped down as director. NBB
- Jeroen Tuik bv stepped down as director. NBB
- KC Gmbh stepped down as director. NBB
- Focus Advies bv became a director. NBB
In short
From € 11.3 million loss in 2022 to € 19.4 million loss in 2025.
Paid € 721,695 in corporate taxes since 2022.
Best year ever: 2024, with € 2.2 million profit.
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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 shares are held by Huub Baren bv (84.4%), Vladimir Dobosch bv (10%) and Jeroen Tuik bv (5.6%). It owns 100% of ITE Enterprises, 100% of IPTE RO SRL, 100% of IPTE Asia Holdings, 100% of IPTE Spain SLU, 100% of IPTE Nordic Oy and 100% of IPTE Germany GmbH itself.
Directors
According to the 2025 annual accounts
Director · represented by Dominique Roux
Also active at: Edelbims, EURODAL PRODUCTIONS, EBEMA, E.B.R. (EBEMA BETON RIJKEVORSEL), CONNECT GROUP, AVANTI RIJKEVORSEL, DECOMECC, HUUB BAREN +2 more
since 2023 · until 2026
since 2021 · until 2027
Director · represented by Wolodimir Dobosch
since 2021 · until 2027
Director · represented by Esme Angelina Petronella Verheijden
Also active at: CONNECT GROUP, HUUB BAREN
since 2020 · until 2026
Director · represented by Jeroen, Bertil Tuik
Also active at: CONNECT GROUP, eNovates
since 2023 · until 2026
KC Gmbh
Director · represented by Klaus Kroesen
since 2019 · until 2026
Shareholders
Participations
ITE Enterprises
100%
IPTE RO SRL
100%
IPTE Asia Holdings
100%
IPTE Spain SLU
100%
IPTE Nordic Oy
100%
IPTE Germany GmbH
100%
IPTE Automation Oü
100%
IPTE UK Limited
100%
IPTE RF
100%
IPTE Iberia Aut. LDA
99%
90%
Establishments
Establishment units
Physical locations of this company
Geleenlaan 5
3600 Genk
Wellingstraat 109
8730 Beernem
Active since 1 January 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0821.278.115
- VAT number
- BE 0821.278.115
- Registered office
- Geleenlaan 5, 3600 Genk
- Names & denominations
- IPTE Factory Automation
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 December 2009
- Peppol
- Active · Active since 29 Nov 2025
- Activities · NACE
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