IP

Initial P

BE0870.746.135

About Initial P

Initial P is a private limited company (BV/SRL) based in Vorst, founded in 2004. Its main activity is classified as "Administratieve en ondersteunende activiteiten ten behoeve van kantoren". For the 2025 financial year, Initial P reported a loss of €83,834. A year earlier, in 2024, it still made a profit of €5,192. Revenue was not published, which is common for abbreviated accounts. The gross margin came to €994,131, up 8.2% on 2024. It employed an average of 12.6 full-time equivalents. Equity stands at €80,599, a solvency ratio of 4.4%. In 2006 it was €49,849. 20 annual accounts are available, covering 2006 to 2025.

Juridical situation
Normal situation
Company number
0870.746.135
Founding date
Founded on 22-12-2004
EUID number
BEKBOBCE.0870.746.135
Type of enterprise
Rechtspersoon
Location
Ruisbroekse Steenweg 81 Vorst 1190
Juridical form
BV — Private limited company (BV/SRL)
Signals
Reporting losses
Poor liquidity
Positive cashflow
Positive EBITDA
Healthy social debt

Financial ratios

Profit
€ -84K
Decreased by 1715%
Equity
€ 81K
Decreased by 51%
Gross margin
€ 994K
Increased by 8%
Health
Solvability > 25%
4.4%
Liquidity > 1.0
0.95
Profitability > 0%
-104.0%
2025
2024
2023
2022
Gross margin
€ 994K
€ 919K
€ 692K
€ 449K
EBITDA
€ 34K
€ 127K
€ 81K
€ 48K
Profit
€ -84K
€ 5K
€ 25K
€ 9K
Equity
€ 81K
€ 164K
€ 159K
€ 134K
Solvability
4.38%
8.04%
11.64%
13.02%
Debt
€ 1.76M
€ 1.88M
€ 1.21M
€ 898K
Cash
€ 530K
€ 535K
€ 403K
€ 135K
Employees
12.60
14.20
9.80
8.60

Publications 18

All publications

Frequently asked questions

Answers to the most common questions about Initial P, based on official government data and the filed annual accounts.

What is the VAT number of Initial P?

The VAT number of Initial P is BE0870.746.135.

What is the official website of Initial P?

The official website of Initial P is db-group.be.

How many employees work at Initial P?

In 2025, Initial P employed 12.60 full-time equivalents (FTE).

When was Initial P established?

Initial P was founded in 22-12-2004.

What is the official address of Initial P?

The official address of Initial P is Ruisbroekse Steenweg 81 Vorst 1190.

What is the legal form of Initial P?

The juridical form of Initial P is Private limited company (BV/SRL).

What is the annual revenue of Initial P?

The 2025 accounts of Initial P do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.

Is Initial P a reliable company?

Initial P is a registered Rechtspersoon with company number 0870.746.135 and can be verified through the official CBE database.

What is the credit limit of Initial P?

The estimated credit limit of Initial P is €26,662.

Is Initial P still active?

Initial P currently has the status "Normal situation" and is active.

Further reading

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Sources