ACTIVE

IPS BELGIUM

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Financial year 2025 · Closed on 31/12/2025

Net result
-470,5 k €
-69,3 %over 1 year
Revenue
18,9 M €
+7,9 %over 1 year
Equity
528,8 k €
-48,4 %over 1 year
Workforce
96,8 ETP
+18,3 %over 1 year

Identity

Source · BCE/KBO

IPS BELGIUM is a Public limited company incorporated in 1998. Its registered office is in Nivelles. It employs on average 96,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0464.078.979
Incorporation
03/09/1998
Legal form
Public limited company
Registered office
Avenue Robert Schuman 42
1400 Nivelles · Wallonie
Contributed capital
1 761 973,38 €
Latest accounts
31/12/2025
Average workforce
96,8 ETP
Joint committees (4)
  • 1240
  • 200
  • 2000
  • 218
Signals
Positive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 22 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue18,9 M €17,5 M €18,2 M €9,5 M €8,6 M €
EBITDA29,4 k €428 k €494,1 k €-132,9 k €1 M €
Operating result-283,4 k €384,9 k €187,5 k €-614,8 k €421,6 k €
Net result-470,5 k €-278 k €-112,6 k €-753 k €103,6 k €
Balance sheet
Equity528,8 k €1 M €1,4 M €1,5 M €2,2 M €
Total assets9,3 M €9,3 M €8,4 M €8,2 M €9 M €
Cash627,2 k €229,3 k €228,1 k €1 M €866 k €
Debts7,5 M €7 M €5,5 M €5,2 M €5,4 M €
Other
Workforce96,8 ETP81,8 ETP69,5 ETP64,9 ETP75,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 50 ended

Active mandates

PRO-EDGE

Managing director · since 01 juillet 2025 · until 01 juillet 2031 · 1014.495.680

Represented by Nicolas Dubois

Active
William Beyst

Director · since 01 juillet 2025 · until 01 juillet 2031

Active

Ended mandates

Nicolas Dubois

Managing director · since 20 septembre 2024 · until 19 septembre 2030

Ended
Juan Sanchez Chater

Director · since 01 janvier 2024 · until 31 décembre 2028

Ended
Denis Luquiau

Managing director · since 09 novembre 2023 · until 09 novembre 2029

Ended
Denis Luquiau

Director · since 19 mai 2021 · until 19 mai 2027

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date03/07/202625/07/202511/07/202414/11/202307/11/202319/05/2022
General meeting17/06/202630/06/202528/06/202409/11/202302/11/202304/05/2022
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 22 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202517/06/202603/07/2026FrenchPDF
Full model31/12/202430/06/202525/07/2025FrenchPDF
Full model31/12/202328/06/202411/07/2024FrenchPDF
Full model31/12/202209/11/202314/11/2023FrenchPDF
Full modelCorrection31/12/202102/11/202307/11/2023FrenchPDF
Full model31/12/202123/12/202230/12/2022FrenchPDF
Full model31/12/202004/05/202219/05/2022FrenchPDF
Full model31/12/201915/06/202022/07/2020FrenchPDF
Full model31/12/201815/06/201925/07/2019FrenchPDF
Abridged model31/12/201730/06/201827/07/2018FrenchPDF
Abridged model31/12/201615/06/201725/07/2017FrenchPDF
Abridged model31/12/201515/06/201631/08/2016FrenchPDF
Abridged model31/12/201426/06/201531/07/2015FrenchPDF
Abridged model31/12/201315/06/201431/07/2014FrenchPDF
Abridged model31/12/201215/06/201319/07/2013FrenchPDF
Abridged model31/12/201115/06/201202/07/2012FrenchPDF
Abridged model31/12/201015/06/201130/08/2011FrenchPDF
Abridged model31/12/200915/06/201026/08/2010FrenchPDF
Abridged model31/12/200815/06/200915/10/2009FrenchPDF
Abridged model31/12/200815/06/200918/08/2009DutchPDF
Abridged model30/06/200731/12/200712/02/2008FrenchPDF
Abridged model30/06/200631/12/200631/01/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 50 ended

Active mandates

PRO-EDGE

Managing director · since 01 juillet 2025 · until 01 juillet 2031 · 1014.495.680

Represented by Nicolas Dubois

Active
William Beyst

Director · since 01 juillet 2025 · until 01 juillet 2031

Active

Ended mandates

Nicolas Dubois

Managing director · since 20 septembre 2024 · until 19 septembre 2030

Ended
Juan Sanchez Chater

Director · since 01 janvier 2024 · until 31 décembre 2028

Ended
Denis Luquiau

Managing director · since 09 novembre 2023 · until 09 novembre 2029

Ended
Denis Luquiau

Director · since 19 mai 2021 · until 19 mai 2027

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates22/08/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring24/01/2025
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates24/12/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring22/11/2024
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates05/11/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/08/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/05/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/01/2023
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-470,5 k €↓
  2. 2024
    Annual accounts 2024-278 k €↓
  3. 2023
    Annual accounts 2023-112,6 k €↑
  4. 2022
    Annual accounts 2022-753 k €↓
  5. 2021
    Annual accounts 2021103,6 k €↑
  6. 2020
    Annual accounts 2020-744,6 k €↓
  7. 2019
    Annual accounts 2019-519,2 k €↓
  8. 2018
    Annual accounts 201821,5 k €↑
  9. 2017
    Annual accounts 2017-73,6 k €↓
  10. 2016
    Annual accounts 2016108,6 k €↓
  11. 2015
    Annual accounts 2015341,9 k €↑
  12. 2014
    Annual accounts 2014253,9 k €↑
  13. 2013
    Annual accounts 2013240,9 k €↑
  14. 2012
    Annual accounts 2012141,2 k €↑
  15. 2011
    Annual accounts 201144,2 k €↓
  16. 2010
    Annual accounts 2010106,5 k €↑
  17. 2009
    Annual accounts 200948,2 k €↓
  18. 2008
    Annual accounts 200862,1 k €↑
  19. 2007
    Annual accounts 200731 k €
  20. 03/09/1998
    IncorporationPublic limited company