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.
Financials
Financial year 2025
GROUP-IPS from Mechelen, company number BE0880441977, closed financial year 2025 with a result of € -1.4 million after tax. For that financial year GROUP-IPS recorded revenue of € 11 million and equity of € -696,110. Compared with financial year 2024, the result moved from € 217,230 to € -1.4 million. 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 6, 2026.
€ -696,110
▼ € 1.4 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.4 million
▼ still € 217,230 profit in 2024
Profit after tax over the fiscal year.
€ 239,470
▼ 57% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.2 million.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 102,139
▲ 62% vs 2024
€ 102,100 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.
€ 144,738
▲ 146% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.9 million
▲ 111% vs 2024
€ 103,589 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 4.4 million
▲ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 128 days on average.
€ 211,079
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 12,285,664 | € 12,840,717 | € 13,599,000 | € 11,016,495 | ▼ 19% |
| Profit after taxes | € -84,794 | € -350,568 | € 217,230 | € -1,360,197 | ▼ € 1.6 million |
| Equity | € 877,063 | € 446,858 | € 664,088 | € -696,110 | ▼ € 1.4 million |
| Total debts | € 8,229,492 | € 7,922,012 | € 7,087,848 | € 8,826,790 | ▲ 25% |
| Cash | € 1,339,558 | € 232,000 | € 550,897 | € 239,470 | ▼ 57% |
| Land & buildings | - | € 6,973 | € 6,237 | € 5,504 | ▼ 12% |
| Retained profit | € 376,313 | € -53,892 | € 163,338 | € -1,196,860 | ▼ € 1.4 million |
| Dividend | € 0 | € 79,637 | € 0 | € 0 | |
| Bank debt | € 1,740,531 | € 1,970,833 | € 1,868,833 | € 3,936,390 | ▲ 111% |
| Balance sheet total | € 9,106,555 | € 8,368,870 | € 7,751,935 | € 8,130,681 | ▲ 5% |
| Employees (FTE) | 1.3 | 1.3 | 1 | 1 |
Key figures of GROUP-IPS, 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 GROUP-IPS?
What happened at GROUP-IPS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- A&P Syntony SRL stepped down as director. NBB
- Juan Sanchez stepped down as director. NBB
- LL Consulting SPRL stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.4 million (▼ € 1.6 million vs 2024). Source: NBB ↗
- A&P Syntony SRL became a director. NBB
- Juan Sanchez became a director. NBB
- LL Consulting SPRL became a director. NBB
- New establishment in Nivelles. KBO
In short
From € 84,794 loss in 2022 to € 1.4 million loss in 2025.
Paid € 364,445 in corporate taxes since 2022.
Best year ever: 2024, with € 217,230 profit.
Paid out € 79,637 in dividends to the owners in total.
Management
The stake of ImPulSe INTERNATIONAL, NZYM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GROUP-IPSThe shares are held by ImPulSe INTERNATIONAL (80%) and NZYM. It owns 100% of IPS Belgium, 100% of IPS Romania, 90.8% of IPS Spain, 80% of IPS Germany, 80% of IPS Netherlands and 80% of IPS Bulgaria itself.
Directors
According to the 2025 annual accounts
Director · represented by André Petitjean
Also active at: DEQUACHIM, INDAO, ELOY GROUP, DEQUENNE CHIMIE
since 2025 · until 2031
Juan Sanchez
Managing director
since 2023 · until 2029
Director · represented by Luc LANGER
Also active at: MATERIA NOVA, REVERSE METALLURGY, GREEN FRIX, IONICS, ESIX SURFACE TECHNOLOGIES
since 2023 · until 2028
Shareholders
Participations
100%
IPS Romania
100%
IPS Spain
90.8%
80%
IPS Netherlands
80%
IPS Bulgaria
80%
IPS Switzerland
80%
IPS USA
80%
IPS France
75%
IAPS
55%
ARQUID S.L.P.
51%
51%
Establishments
Establishment units
Physical locations of this company
Battelsesteenweg 455B
2800 Mechelen
Avenue Robert Schuman 42
1400 Nivelles
Active since 10 May 2016
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
VSHOSTING, CZ
Domain
Domain
group-ips.com
Registered
2001-01-05
Registrar
Gandi SAS
Expires
2027-01-05
Website info
Features
Security
Details
- Company number
- 0880.441.977
- VAT number
- BE 0880.441.977
- Registered office
- Battelsesteenweg 455B, 2800 Mechelen
- Names & denominations
- GROUP-IPS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 April 2006
- Peppol
- Active · Active since 14 Jan 2026
- Contact
- group-ips.com
- Activities · NACE
Activiteiten van holdings
Diverse ondersteunende activiteiten ten behoeve van voorzieningen
Holdings