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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
IPS BARS from Leuven, company number BE0823754484, closed financial year 2025 with a result of € -59,426 after tax. For that financial year IPS BARS recorded a gross margin of € -31,380 and equity of € -48,910. Compared with financial year 2024, the result moved from € -38,269 to € -59,426. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ -48,910
▼ € 59,426 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -59,426
▼ 55 % more loss than in 2024
Profit after tax over the fiscal year.
€ 12,924
▼ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -50,910.
People and assets in 2025
€ 10,828
▼ 50% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 310
▼ 91% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 355,363
€ 28,718 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 182,034
▲ € 154,919 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 162
▼ 99% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 136,363 | € 23,149 | € -9,379 | € -31,380 | ▼ € 22,000 |
| Profit after taxes | € 39,562 | € -45,724 | € -38,269 | € -59,426 | ▼ € 21,156 |
| Equity | € 114,309 | € 48,785 | € 10,516 | € -48,910 | ▼ € 59,426 |
| Total debts | € 33,806 | € 35,389 | € 47,373 | € 656,768 | ▲ € 609,395 |
| Cash | € 97,556 | € 50,157 | € 27,776 | € 12,924 | ▼ 53% |
| Retained profit | € 94,309 | € 46,785 | € 8,516 | € -50,910 | ▼ € 59,426 |
| Dividend | € 26,993 | € 1,800 | € 0 | € 0 | |
| Bank debt | € 0 | € 0 | € 0 | € 355,363 | |
| Balance sheet total | € 148,116 | € 84,175 | € 57,889 | € 607,858 | ▲ € 549,969 |
Key figures of IPS BARS, 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 BARS?
What happened at IPS BARS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 59,426. Source: NBB ↗
- Axel Peeters became a director. NBB
- Anatole Huhn stepped down as director. NBB
- IVB BV stepped down as director. NBB
- Christine Verdonck stepped down as director. NBB
- Anatole Huhn became a director. NBB
- IVB BV became a director. NBB
- New establishment in Leuven. KBO
In short
From € 39,562 profit in 2022 to € 59,426 loss in 2025.
Paid € 20,026 in corporate taxes since 2022.
Best year ever: 2022, with € 39,562 profit.
Paid out € 28,793 in dividends to the owners in total.
Management
Behind IPS BARS is Axel Peeters. Axel Peeters is also behind ROODENBERG and SHIBUYA MELTDOWN.
Directors
According to the 2025 annual accounts
since 2025
Anatole Huhn
Director
since 2024 · until 2025
since 2021 · until 2025
since 2010 · until 2025
Establishments
Establishment units
Physical locations of this company
Zeelstraat 1
3000 Leuven
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0823.754.484
- VAT number
- BE 0823.754.484
- Registered office
- Zeelstraat 1, 3000 Leuven
- Names & denominations
- IPS BARS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 March 2010
- Peppol
- Active · Active since 4 Aug 2025
- Activities · NACE
Cafés en bars