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AICE

Active
Private limited companyfounded 2024active for 2 yearsLeenstraat 65, 9870 Zulte, BelgiumKBO/BCE: BE 1012.933.188
Summary

AICE has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10,879 and a net result of €5,879. Its solvency ranks better than 56% of 17,080 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, micro format

Turnover
≈ €58,000
Estimated: probably between €19,000 and €98,000
Total assets
€29,262
Net result
€5,879
Working capital
€12

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €29,262
Fixed assets €10,867
Current assets €18,395
Equity and liabilities €29,262
Equity €10,879
Debt €18,383
Debt finances 62.8% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€12,045
Cash flow
€9,194
Current ratio
1.00
Debt to equity
1.69
ROE
54.0%
ROA
20.1%
Interest coverage
over 100
Debt ≤ 1 year
€18,383
Income taxes
€2,851

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% still going

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 35 lines
Balance sheet Code2025
Assets
Total assets20/58€29,262
Fixed assets21/28€10,867
Tangible fixed assets22/27€10,867
Plant, machinery and equipment23€232
Furniture and vehicles24€885
Other tangible fixed assets26€9,750
Current assets29/58€18,395
Amounts receivable within one year40/41€177
Other amounts receivable41€177
Cash at bank and in hand54/58€17,661
Deferred charges and accrued income490/1€558
Equity and liabilities
Total equity and liabilities10/49€29,262
Equity10/15€10,879
Contributions10/11€5,000
Reserves13€5,879
Distributable reserves133€5,879
Amounts payable17/49€18,383
Amounts payable within one year42/48€18,383
Taxes, remuneration and social security45€11,530
Taxes450/3€9,030
Remuneration and social security454/9€2,500
Other amounts payable47/48€6,853
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,315
Other operating charges640/8€1,339
Gross operating margin9900€13,384
Operating profit (loss)9901€8,730
Financial charges65/66B€0
Recurring financial charges65€0
Profit (loss) for the period before taxes9903€8,730
Income taxes67/77€2,851
Profit (loss) for the period9904€5,879
Profit (loss) for the period to be appropriated9905€5,879
Appropriation of the result
Profit (loss) to be appropriated9906€5,879
Transfer to equity691/2€5,879
To other reserves6921€5,879

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,315
Other operating charges640/8€1,339
Gross operating margin9900€13,384
Operating profit (loss)9901€8,730
Financial charges65/66B€0
Recurring financial charges65€0
Profit (loss) for the period before taxes9903€8,730
Income taxes67/77€2,851
Profit (loss) for the period9904€5,879
Profit (loss) for the period to be appropriated9905€5,879
Line2025
Assets
Total assets20/58€29,262
Fixed assets21/28€10,867
Tangible fixed assets22/27€10,867
Plant, machinery and equipment23€232
Furniture and vehicles24€885
Other tangible fixed assets26€9,750
Current assets29/58€18,395
Amounts receivable within one year40/41€177
Other amounts receivable41€177
Cash at bank and in hand54/58€17,661
Deferred charges and accrued income490/1€558
Equity and liabilities
Total equity and liabilities10/49€29,262
Equity10/15€10,879
Contributions10/11€5,000
Reserves13€5,879
Distributable reserves133€5,879
Amounts payable17/49€18,383
Amounts payable within one year42/48€18,383
Taxes, remuneration and social security45€11,530
Taxes450/3€9,030
Remuneration and social security454/9€2,500
Other amounts payable47/48€6,853
Line2025
Profit (loss) for the period9904€5,879
+ Depreciation and write-downs630€3,315
Operating cash flow (approximation)€9,194

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
30-09-2025 micro format 29-04-2026 2026-00100547

Similar companies · same sector, comparable size

Of the 11,699 active companies whose main activity is real estate agency activities (NACE 68310), figures are known for 7,071. 3,237 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.