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Break The Ice

Active
Private limited companyfounded 20197 years activeSteenweg op Mechelen 455, 1950 Kraainem, BelgiumKBO/BCE: BE 0717.674.294
Summary

Break The Ice has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €50,838 and a net result of €215,324. Equity is growing by ~41.8% per year across the filed fiscal years. Its solvency ranks better than 15% of 9,523 sector peers (NACE 82, fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Other business support services
NACE 82990Business and other management consultancy NACE 70200
#5 company by total assets in Kraainem, Administrative and support services sector1 site
Size
€1.5mtotal assets 2024
Staff
4 FTE
Equity
€50,838
Profit
€215,324
Turnover not published (abridged schema)
Financial health
69 Healthy Checked score 2024
Bankruptcy probabilitywithin 12 months
0.8%
Structure
Accounts 69 days overdue0 of 2 deeds read
Why 69- Figures for FY 2024 (filed 02-08-2025)- 1 financial year not filed after the legal deadline; 2 of the last 3 late- Equity €50,838 (3.3% of total assets)+ Sector Office administrative, office support and other business support activities (NACE 82)Show the evidence

Checked score

Score 2024
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 61% of its sector peers (NACE 82, micro)
Financial strength · tick = 2023
Strong
Solvency 28=
equity 3.3% of total assets
Liquidity 85+10
short-term debt 32.9% · cash 39.1%
Profitability 86+6
return on assets 14.2%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (12,604 companies)
Last 24 months 11-2024: 0.3% 12-2024: 0.4%▲ +0.1 percentage points vs 11-2024 01-2025: 0.3%▼ -0.1 percentage points vs 12-2024 02-2025: 0.4%▲ +0.1 percentage points vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.8%▲ +0.3 percentage points vs 07-2025 09-2025: 0.3%▼ -0.5 percentage points vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.1%▼ -0.2 percentage points vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.2%▲ +0.1 percentage points vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026 09-2026: 0.5%▲ +0.1 percentage points vs 08-2026 10-2026: 0.8%▲ +0.3 percentage points vs 09-2026highest value
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 2.56 against 4.36 in 2023; short-term debt: 32.9% and cash: 39.1% of total assets), but 96.7% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, micro): better than 16% on solvency, 78% on liquidity, 61% on profitability and 89% on growth.

The bankruptcy probability was computed on 07-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 02-08-2025)
NBB · annual accounts
lowers risk · Sector Office administrative, office support and other business support activities (NACE 82)
KBO
raises risk · 1 financial year not filed after the legal deadline; 2 of the last 3 late
NBB · filings
raises risk · Equity €50,838 (3.3% of total assets)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 9523 sector peers (2024).
NBB · sector comparison
Position among 9523 sector peers
Solvency
better than 15%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
not confirmed
2024
on the day
2023
61 days late
2022
31 days late
2021
26 days late
2020
17 days early
2019
7 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 16 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Highest result since 2019net €215,324 ▲195%
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Positive: Result rose in 2024from €73,094 to €215,324 ▲ 195% View
  • Positive: Among the best 5% on net resultsector median €13,908 · 9,521 companies €215,324 View
  • Caution: Accounts not fileddeadline was 31-07-2026 69 days late View

By topic

Financials

Fiscal year
2024
Total assets
€1.5m
Profit
€215,324
Solvency
3.3%
Total assets▲ 86.6%
Net result
20192024
Go to Financials

Timeline

Events
10
Since
2020
  1. 31-12-2023Liquidity doubles
  2. 31-08-2023Annual accounts filed
  3. 31-12-2022Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other business support servicesNACE 82990
Founded
04-01-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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