BLACK ICE
ActiveSummary
BLACK ICE has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €171,250 and a net result of €110,830. Equity is growing by ~108.1% per year across the filed fiscal years. Its solvency ranks better than 10% of 318 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▲+16
Solvency33▲+4
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity tight (current ratio 1.45 against 1.76 in 2024; short-term debt: 47.1% and cash: 39.2% of total assets), and 92.1% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
7.9%
Return on assets
5.1%
Age of the figures
18 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 318 sector peers (2025).
NBB · sector comparisonPosition among 318 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-06-2025, 123 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
123 d early
2024
2 d early
2023
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 42 days before the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 29 October (3 of the last 3 filed years within 121 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close01-10-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#10 company by total assets in Flémalle, Manufacturing sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€110,830▲ 459%
2024 · €19,812
Working capital
€456,922▲ 11.5%
2024 · €409,756
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result€41,939-€52,333▲ 24.8%€175,034▲ 234%
Net result€34,608within the sector's middle half-€19,812within the sector's middle half▼ 42.8%€110,830within the sector's middle half▲ 459%
Equity€40,608within the sector's middle half-€60,420below the sector's middle half▲ 48.8%€171,250below the sector's middle half▲ 183%
Total assets€640,554above the sector's middle half-€1.6mbelow the sector's middle half▲ 152%€2.2mwithin the sector's middle half▲ 33.3%
Debt€599,946-€1.6m▲ 159%€2.0m▲ 27.5%
Working capital€53,978within the sector's middle half-€409,756within the sector's middle half▲ 659%€456,922within the sector's middle half▲ 11.5%
Solvency6.3%below the sector's middle half-3.7%below the sector's middle half▼ 2.6pp7.9%below the sector's middle half▲ 4.2pp
Current ratio1.49within the sector's middle half-1.76within the sector's middle half▲ 0.261.45within the sector's middle half▼ 0.31
Return on assets (ROA)5.4%within the sector's middle half-1.2%within the sector's middle half▼ 4.2pp5.1%within the sector's middle half▲ 3.9pp
Staff (FTE)0.9below the sector's middle half4.1below the sector's middle half▲ 356%
above
within
below
the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 234% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.2m
Fixed assets
€681,762 ▲ 2.3%
Current assets
€1.5m ▲ 55.0%
Equity and liabilities €2.2m
Equity
€171,250 ▲ 183%
Debt
€2.0m ▲ 27.5%
Debt's share of the balance-sheet total falls from 96.3% to 92.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€261,620▲
2024 · €105,523
Cash flow
€197,416▲
2024 · €73,002
Quick ratio
1.20▼
2024 · 1.42
Debt to equity
11.58▼
2024 · 25.75
ROE
64.7%▲
2024 · 32.8%
Interest coverage
8.00▲
2024 · 4.70
Debt ≤ 1 year
€1.0m▲
2024 · €540,236
Debt > 1 year
€714,023▼
2024 · €740,025
Income taxes
€34,381▲
2024 · €10,673
Staff costs
€296,276▲
2024 · €61,750
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,157 companies that looked in July 2024 the way this one looks now, 3.0% went bankrupt within 24 months and 94% are still going.
- Micro
- 2 to 5 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
3.0%
went bankrupt
2.8%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% 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 2,157 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
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €21,000 | €61,750 | €296,276 | ▲ 380% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,852 | €53,190 | €86,586 | ▲ 62.8% |
| Other operating charges640/8 | €2,172 | €7,271 | €8,136 | ▲ 11.9% |
| Gross operating margin9900 | €75,963 | €174,544 | €566,032 | ▲ 224% |
| Operating profit (loss)9901 | €41,939 | €52,333 | €175,034 | ▲ 234% |
| Financial income75/76B | €41 | €606 | €2,864 | ▲ 373% |
| Recurring financial income75 | €41 | €606 | €2,864 | ▲ 373% |
| Financial charges65/66B | €7,371 | €22,454 | €32,687 | ▲ 45.6% |
| Recurring financial charges65 | €7,371 | €22,454 | €32,687 | ▲ 45.6% |
| Profit (loss) for the period before taxes9903 | €34,608 | €30,485 | €145,211 | ▲ 376% |
| Income taxes67/77 | - | €10,673 | €34,381 | ▲ 222% |
| Profit (loss) for the period9904 | €34,608 | €19,812 | €110,830 | ▲ 459% |
| Profit (loss) for the period to be appropriated9905 | €34,608 | €19,812 | €110,830 | ▲ 459% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €640,554 | €1.6m | €2.2m | ▲ 33.3% |
| Fixed assets21/28 | €477,450 | €666,291 | €681,762 | ▲ 2.3% |
| Intangible fixed assets21 | €4,771 | €6,515 | €3,416 | ▼ 47.6% |
| Tangible fixed assets22/27 | €472,479 | €659,700 | €678,271 | ▲ 2.8% |
| Land and buildings22 | €348,037 | €327,494 | €306,951 | ▼ 6.3% |
| Plant, machinery and equipment23 | €103,461 | €208,015 | €191,192 | ▼ 8.1% |
| Furniture and vehicles24 | €20,982 | €50,949 | €48,172 | ▼ 5.5% |
| Leasing and similar rights25 | - | €73,243 | €131,957 | ▲ 80.2% |
| Financial fixed assets28 | €200 | €75 | €75 | = |
| Current assets29/58 | €163,104 | €949,992 | €1.5m | ▲ 55.0% |
| Stocks and contracts in progress3 | €15,550 | €181,494 | €253,812 | ▲ 39.8% |
| Stocks30/36 | €15,550 | €181,494 | €253,812 | ▲ 39.8% |
| Amounts receivable within one year40/41 | €38,994 | €354,658 | €352,013 | ▼ 0.7% |
| Trade receivables40 | - | €325,600 | €316,442 | ▼ 2.8% |
| Other amounts receivable41 | €38,994 | €29,058 | €35,572 | ▲ 22.4% |
| Cash at bank and in hand54/58 | €106,877 | €403,055 | €844,687 | ▲ 110% |
| Deferred charges and accrued income490/1 | €1,683 | €10,786 | €21,926 | ▲ 103% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €640,554 | €1.6m | €2.2m | ▲ 33.3% |
| Equity10/15 | €40,608 | €60,420 | €171,250 | ▲ 183% |
| Contributions10/11 | €6,000 | €6,000 | €6,000 | = |
| Reserves13 | - | €19,000 | €119,000 | ▲ 526% |
| Distributable reserves133 | - | €19,000 | €119,000 | ▲ 526% |
| Profit (loss) carried forward14 | €34,608 | €35,420 | €46,250 | ▲ 30.6% |
| Amounts payable17/49 | €599,946 | €1.6m | €2.0m | ▲ 27.5% |
| Amounts payable after more than one year17 | €490,820 | €740,025 | €714,023 | ▼ 3.5% |
| Financial debts170/4 | €490,820 | €740,025 | €714,023 | ▼ 3.5% |
| Amounts payable within one year42/48 | €109,126 | €540,236 | €1.0m | ▲ 88.0% |
| Current portion of amounts payable after more than one year42 | €27,733 | €79,963 | €105,679 | ▲ 32.2% |
| Trade debts44 | €38,827 | €388,017 | €804,564 | ▲ 107% |
| Suppliers440/4 | €38,827 | €388,017 | €804,564 | ▲ 107% |
| Taxes, remuneration and social security45 | €1,406 | €14,478 | €47,070 | ▲ 225% |
| Taxes450/3 | €1,406 | €7,392 | €12,479 | ▲ 68.8% |
| Remuneration and social security454/9 | - | €7,086 | €34,591 | ▲ 388% |
| Other amounts payable47/48 | €41,160 | €57,778 | €58,204 | ▲ 0.7% |
| Accrued charges and deferred income492/3 | - | €275,602 | €253,411 | ▼ 8.1% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €34,608 | €19,812 | €110,830 | ▲ 459% |
| + Depreciation and write-downs630 | €10,852 | €53,190 | €86,586 | ▲ 62.8% |
| Operating cash flow (approximation) | €45,460 | €73,002 | €197,416 | ▲ 170% |
| Investment in fixed assets (approximation) | - | -€242,031 | -€102,058 | ▲ 57.8% |
| Change in cash | - | €296,177 | €441,633 | ▲ 49.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
31-03
Financial
Highest result since 2023net €110,830 ▲459%
Operating result €175,034, net result €110,830, both a record.
31-03
Financial
Equity above €150,000Eq €171,250 ▲183%
3 profitable years in a row build equity to €171,250.
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
31-03
Financial
Weakest financial yearnet €19,812 ▼42.8%
Net result drops to €19,812, the lowest in the series; recovery starts the following year.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Flémalle · 1 establishment unit since 2022
Ground area
1,033 m²
Building footprint
688 m²
Parcel 62083B0264/00M000, Wallonia. Linked by address, not a title deed.
1 establishment unit
BLACK ICE
since 20222.327.779.274
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62083B0264/00M000 | Wallonia | 1,033 m² | 1 · 688 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
254900Z7NYONZO0YSS48
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Of 461 companies in this sector we hold annual accounts for 286. 217 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded07-02-2022
Fiscal year end31-03
Activities, NACEBEL 2025
28250Manufacture of machinery and equipment not elsewhere classified
33200Installation of industrial machinery and equipment
33120Repair and maintenance of machinery
Contact
E-mail
martinlaloux@hotmail.com
Phone
+32473184705
E-mail
info@black-ice.beFlémalle
E-invoicing
Reachable via Peppol
Peppol ID
0208:0781689346
Also
9925:BE0781689346
Registered
21-11-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.