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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Tight liquidity NBB
Cash and receivables cover 30 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
IPRO from Mechelen, company number BE0860773446, closed financial year 2025 with a result of € 67,959 after tax. For that financial year IPRO recorded a gross margin of € 180,436 and equity of € 842,888. Compared with financial year 2024, the result moved from € 28,723 to € 67,959. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on November 24, 2025.
€ 842,888
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 67,959
▲ 137% vs 2024
Profit after tax over the fiscal year.
€ 77,795
▲ € 69,585 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 699,338.
People and assets in 2025
€ 4,179
▼ 18% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 398,517
▼ 12% vs 2024
€ 53,467 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 6,205
▲ 150% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 33,088
▲ 20% 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 | € 148,093 | € 197,524 | € 138,718 | € 180,436 | ▲ 30% |
| Profit after taxes | € 34,614 | € 58,433 | € 28,723 | € 67,959 | ▲ 137% |
| Equity | € 687,773 | € 746,205 | € 774,928 | € 842,888 | ▲ 9% |
| Total debts | € 1,045,979 | € 972,828 | € 797,424 | € 717,504 | ▼ 10% |
| Cash | € 144,647 | € 157,519 | € 8,209 | € 77,795 | ▲ € 69,585 |
| Land & buildings | € 927,404 | € 886,450 | € 845,589 | € 808,329 | ▼ 4% |
| Retained profit | € 544,223 | € 602,655 | € 631,378 | € 699,338 | ▲ 11% |
| Bank debt | € 558,405 | € 506,289 | € 454,062 | € 398,517 | ▼ 12% |
| Balance sheet total | € 1,751,890 | € 1,736,680 | € 1,589,506 | € 1,577,053 | ▼ 1% |
Key figures of IPRO, 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 IPRO?
What happened at IPRO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 67,959 (▲ 137% vs 2024). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Tielt-Winge. KBO
- Stefaan Martel became a director. NBB
In short
From € 34,614 profit in 2022 to € 67,959 profit in 2025.
Paid € 142,109 in corporate taxes since 2022.
Best year ever: 2025, with € 67,959 profit.
Management
Behind IPRO is Stefaan Martel. It owns 14.9% of Bopro Sustainable Investments itself.
Directors
According to the 2025 annual accounts
Stefaan Martel
Director
Also active at: Ontwikkeling Denderleeuw Centrum, De Middenstip, Bopro Sustainable Developments 21, SUSTAINABLE DEVELOPMENT MATTERS
since 2003
Establishments
Establishment units
Physical locations of this company
Sint-Janstraat 10 A box 3
2800 Mechelen
Attenrodestraat 51
3391 Tielt-Winge
Active since 26 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
- 0860.773.446
- VAT number
- BE 0860.773.446
- Registered office
- Sint-Janstraat 10 A bus 3, 2800 Mechelen
- Names & denominations
- IPRO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 September 2003
- Peppol
- Active · Active since 17 Jun 2025
- Activities · NACE
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