Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2025.
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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
IPULAZI from Keerbergen, company number BE0860408410, closed financial year 2025 with a result of € -154,750 after tax. For that financial year IPULAZI recorded a gross margin of € 269,353 and equity of € -564,065. Compared with financial year 2023, the result moved from € -36,856 to € -154,750. 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 October 28, 2025.
€ -564,065
▼ € 363,402 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -154,750
▼ 320 % more loss than in 2023
Profit after tax over the fiscal year.
€ 19,112
▲ € 18,649 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -839,696.
People and assets in 2025
€ 665,427
Of which on lease € 665,427.
Debts at end 2025
€ 483,712
€ 124,574 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 5,105
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -14,128 | € -11,996 | € 269,353 | ▲ € 281,349 |
| Profit after taxes | € -27,664 | € -36,856 | € -154,750 | ▼ € 117,894 |
| Equity | € -163,808 | € -200,663 | € -564,065 | ▼ € 363,402 |
| Total debts | € 982,936 | € 961,100 | € 1,722,514 | ▲ 79% |
| Cash | € 1,280 | € 463 | € 19,112 | ▲ € 18,649 |
| Land & buildings | € 44,642 | € 27,984 | € 468 | ▼ 98% |
| Retained profit | € -908,808 | € -945,663 | € -839,696 | ▲ € 105,967 |
| Bank debt | € 0 | € 0 | € 483,712 | |
| Balance sheet total | € 819,128 | € 760,437 | € 1,158,448 | ▲ 52% |
Key figures of IPULAZI, 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 October 2026.
What happened to IPULAZI?
What happened at IPULAZI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 154,750. Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Wijnegem. KBO
- Annick De Clerck became a director. NBB
In short
From € 27,664 loss in 2022 to € 154,750 loss in 2025.
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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
Directors
According to the 2025 annual accounts
Annick De Clerck
Director
since 2003
Establishments
Establishment units
Physical locations of this company
Emiel Opdebeecklaan 44
3140 Keerbergen
Blikstraat 4
2110 Wijnegem
Active since 4 September 2003
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0860.408.410
- VAT number
- BE 0860.408.410
- Registered office
- Emiel Opdebeecklaan 44, 3140 Keerbergen
- Names & denominations
- IPULAZI
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 September 2003
- Peppol
- Active · Active since 2 Sept 2025
- Activities · NACE
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