ACTIVE

I.P.F.

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Financial year 2025 · closed on 31/12/2025

Net result

4,2 k €

-28.2% YoY

Gross margin

48 k €

+52.4% YoY

Equity

252,1 k €

-5.8% YoY

What does I.P.F. do?

I.P.F. is a Private limited company incorporated in 1988. Its main activity is: Other specialised construction activities n.e.c.. Its registered office is in Westerlo.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0434.067.773

Incorporation

19/04/1988

Legal form

Private limited company

Registered office

Vlinderstraat 24
2260 Westerlo · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2025

Activities (NACE)

43990Other specialised construction activities n.e.c.· main 43999Other specialised construction activities n.e.c.45250Maintenance and repair of motor vehicles 43211Electrical installation 43211Electrical installation 45310Wholesale trade of motor vehicle parts and accessories

Joint committees (1)

Contacts

1 public detail availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	48 k €	+52.4%	31,5 k €	+0.4%	31,3 k €	-34.5%	47,9 k €	-16.0%	57 k €	+808%	-8,1 k €	-126%	31,5 k €	-71.6%	110,8 k €	+22.4%	90,6 k €	-28.1%	126 k €	-9.1%	138,7 k €	+35.9%	102 k €	+24.3%	82,1 k €	-45.3%	150 k €	+22.6%	122,3 k €	+11.5%	109,7 k €	-18.8%	135,1 k €	-1.2%	136,7 k €	-10.0%	151,8 k €	+4.8%	144,9 k €
EBITDA	37,2 k €	+27.9%	29,1 k €	+4.9%	27,7 k €	-34.4%	42,2 k €	-20.2%	52,9 k €	+475%	-14,1 k €	-150%	28,1 k €	-61.7%	73,4 k €	+25.9%	58,3 k €	+28.6%	45,3 k €	+65.9%	27,3 k €	+27.8%	21,4 k €	-36.7%	33,8 k €	+3.0%	32,8 k €	-35.2%	50,7 k €	+12.2%	45,1 k €	+10.9%	40,7 k €	-37.2%	64,8 k €	+10.4%	58,7 k €	-8.4%	64 k €
Operating result	25,8 k €	+47.3%	17,5 k €	+18.5%	14,8 k €	-50.6%	29,9 k €	-30.9%	43,2 k €	+285%	-23,3 k €	-224%	18,9 k €	-69.5%	61,9 k €	+33.0%	46,6 k €	+38.6%	33,6 k €	+273%	9 k €	+92.8%	4,7 k €	-73.3%	17,5 k €	+3.6%	16,8 k €	-50.9%	34,3 k €	+94.6%	17,6 k €	+27.3%	13,9 k €	+7.8%	12,9 k €	-64.6%	36,3 k €	-21.5%	46,2 k €
Net result	4,2 k €	-28.2%	5,9 k €	-21.9%	7,5 k €	-49.0%	14,8 k €	-52.0%	30,8 k €	+251%	-20,3 k €	-3048%	689,9 €	-98.3%	41,5 k €	+116%	19,2 k €	+89.6%	10,1 k €	+4145%	238,9 €	-78.7%	1,1 k €	-91.4%	13,1 k €	+17.1%	11,2 k €	-50.0%	22,4 k €	+271%	6 k €	+144%	2,5 k €	-79.1%	11,9 k €	-57.1%	27,6 k €	-25.8%	37,2 k €
Balance sheet
Equity	252,1 k €	-5.8%	267,7 k €	+11.7%	239,6 k €	+3.2%	232,1 k €	+6.8%	217,3 k €	+16.1%	187,2 k €	-10.1%	208,2 k €	+0.0%	208,2 k €	+24.4%	167,4 k €	+12.5%	148,8 k €	+6.8%	139,4 k €	+20.9%	115,3 k €	+1.0%	114,1 k €	+13.0%	101 k €	-15.7%	119,8 k €	+20.0%	99,8 k €	+3.8%	96,2 k €	-22.2%	123,7 k €	+8.3%	114,3 k €	+28.3%	89,1 k €
Total assets	390,5 k €	-15.1%	460,1 k €	+3.9%	442,7 k €	-0.5%	444,8 k €	-8.1%	483,8 k €	-2.3%	495,1 k €	+0.3%	493,8 k €	-15.5%	584,1 k €	+8.9%	536,4 k €	+1.7%	527,5 k €	-8.2%	574,5 k €	+45.4%	395,2 k €	+4.7%	377,4 k €	-10.8%	423,2 k €	+8.8%	389,1 k €	-16.8%	467,6 k €	-3.5%	484,7 k €	-5.2%	511,2 k €	+126%	226,4 k €	+13.3%	199,9 k €
Cash	461,4 €	-94.8%	8,8 k €	-1.0%	8,9 k €	+59.6%	5,6 k €	-55.7%	12,6 k €	-55.5%	28,4 k €		–		–		2,7 €	-99.5%	566 €	-93.0%	8,1 k €	+933%	780,1 €	+22.4%	637,2 €	+27.5%	499,7 €	-98.2%	27,2 k €	+2662%	985,3 €	-94.1%	16,6 k €	-69.6%	54,7 k €	+51.7%	36,1 k €	-39.1%	59,2 k €
Debts	137,5 k €	-28.6%	192,5 k €	-5.2%	203,1 k €	-4.5%	212,7 k €	-17.9%	259,1 k €	-13.2%	298,4 k €	+4.5%	285,6 k €	-24.0%	375,9 k €	+12.4%	334,4 k €	-9.6%	370,1 k €	-14.9%	435,1 k €	+55.4%	280 k €	+6.3%	263,3 k €	-8.3%	287,1 k €	+22.6%	234,2 k €	-29.6%	332,6 k €	-5.9%	353,3 k €	-0.5%	354,9 k €	+333%	81,9 k €	-1.2%	82,9 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		1,5 ETP	+15.4%	1,3 ETP	-13.3%	1,5 ETP	-25.0%	2,0 ETP	+53.8%	1,3 ETP	-48.0%	2,5 ETP	+8.7%	2,3 ETP	+21.1%	1,9 ETP	-36.7%	3,0 ETP	+42.9%	2,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

DIANE LEEMANS

Director

Active

Ended mandates

DIANE FILOMENA WILLY LEEMANS

Manager

Ended

DIANE LEEMANS

Manager

Ended

HANS VETS

Director

Ended

Annual accounts

Full financial information

	2025	2024	2023	2023	2022	2021
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	30/06/2023	30/06/2022	30/06/2021
Length of the financial year	12 months	12 months	6 months	12 months	12 months	12 months
Filing date	30/07/2026	31/07/2025	19/07/2024	31/01/2024	30/01/2023	08/02/2022
General meeting	19/06/2026	20/06/2025	21/06/2024	14/12/2023	15/12/2022	15/12/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	19/06/2026	30/07/2026	Dutch	PDF
Micro model	31/12/2024	20/06/2025	31/07/2025	Dutch	PDF
Micro model	31/12/2023	21/06/2024	19/07/2024	Dutch	PDF
Micro model	30/06/2023	14/12/2023	31/01/2024	Dutch	PDF
Micro model	30/06/2022	15/12/2022	30/01/2023	Dutch	PDF
Micro model	30/06/2021	15/12/2021	08/02/2022	Dutch	PDF
Micro model	30/06/2020	15/12/2020	29/01/2021	Dutch	PDF
Micro model	30/06/2019	15/12/2019	31/01/2020	Dutch	PDF
Micro model	30/06/2018	20/12/2018	29/01/2019	Dutch	PDF
Micro model	30/06/2017	15/12/2017	04/01/2018	Dutch	PDF
Abridged model	30/06/2016	15/12/2016	13/01/2017	Dutch	PDF
Abridged model	30/06/2015	15/12/2015	14/01/2016	Dutch	PDF
Abridged model	30/06/2014	15/12/2014	15/01/2015	Dutch	PDF
Abridged model	30/06/2013	13/01/2014	13/02/2014	Dutch	PDF
Abridged model	30/06/2012	15/12/2012	11/01/2013	Dutch	PDF
Abridged model	30/06/2011	05/01/2012	27/01/2012	Dutch	PDF
Abridged model	30/06/2010	15/12/2010	24/12/2010	Dutch	PDF
Abridged model	30/06/2009	15/12/2009	13/01/2010	Dutch	PDF
Abridged model	30/06/2008	15/12/2008	08/01/2009	Dutch	PDF
Abridged model	30/06/2007	15/12/2007	08/01/2008	Dutch	PDF
Abridged model	30/06/2006	15/12/2006	05/01/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

DIANE LEEMANS

Director

Active

Ended mandates

DIANE FILOMENA WILLY LEEMANS

Manager

Ended

DIANE LEEMANS

Manager

Ended

HANS VETS

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates21/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Registered office12/11/2009
MAATSCHAPPELIJKE ZETEL
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 20254,2 k €↓
2024
Annual accounts 20245,9 k €↓
2023
Annual accounts 20237,5 k €↓
2023
Annual accounts 202314,8 k €↓
2022
Annual accounts 202230,8 k €↑
2021
Annual accounts 2021-20,3 k €↓
2020
Annual accounts 2020689,9 €↓
2019
Annual accounts 201941,5 k €↑
2018
Annual accounts 201819,2 k €↑
2017
Annual accounts 201710,1 k €↑
2016
Annual accounts 2016238,9 €↓
2015
Annual accounts 20151,1 k €↓
2014
Annual accounts 201413,1 k €↑
2013
Annual accounts 201311,2 k €↓
2012
Annual accounts 201222,4 k €↑
2011
Annual accounts 20116 k €↑
2010
Annual accounts 20102,5 k €↓
2009
Annual accounts 200911,9 k €↓
2008
Annual accounts 200827,6 k €↓
2007
Annual accounts 200737,2 k €
19/04/1988
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

I.P.F.

Overview

What does I.P.F. do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline