I.C.S.
ActiveI.C.S. has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €86k and a net result of €77k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 1850 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability75▼-3
Solvency31▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity tight (current ratio 1.15 against 1.02 in 2023; short-term debt: 38.6% and cash: 3.8% of total assets), and 94.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 1850 sector peers (2024).
NBB · sector comparisonPosition among 1850 sector peers
Solvency
better than 10%
← 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 10-06-2025, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
51 d early
2023
7 d late
2022
14 d early
2021
22 d late
2020
52 d early
2019
24 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€86k▲ 870%
2023 · €9k
2018: €-118k
2019: €-74k
2020: €-82k
2021: €-171k
2022: €-123k
2023: €9k
2018 → 2024
Total assets
€1.49M▼ 12.4%
2023 · €1.70M
2018: €367k
2019: €549k
2020: €571k
2021: €578k
2022: €1.08M
2023: €1.70M
2018 → 2024
Net result
€77k▼ 42.0%
2023 · €132k
2018: €-24k
2019: €44k
2020: €-8k
2021: €-89k
2022: €48k
2023: €132k
2018 → 2024
Working capital
€84k▲ 450%
2023 · €15k
2018: €-125k
2019: €-130k
2020: €-245k
2021: €-348k
2022: €-39k
2023: €15k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-82k-€-171k▼ 109%€-123k▲ 27.9%€9k€86k▲ 870%
Operating result€11k-€-70k€69k€180k▲ 160%€124k▼ 31.2%
Net result€-8k-€-89k▼ 1,079%€48k€132k▲ 177%€77k▼ 42.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 31% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.49M
Fixed assets
€832k▼ 17.5%
Current assets
€661k▼ 5.0%
Equity and liabilities €1.49M
Equity
€86k▲ 870%
Debt
€1.41M▼ 17.0%
The debt ratio falls from 99.5% to 94.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€306k▼
2023 · €395k
Cash flow
€258k▼
2023 · €346k
Solvency
5.7%▲
2023 · 0.5%
Current ratio
1.15▲
2023 · 1.02
Quick ratio
1.15▲
2023 · 1.02
Debt / equity
16.45
ROE
89.7%
ROA
5.1%▼
2023 · 7.8%
Interest coverage
6.96▼
2023 · 8.20
Debt
€1.41M▼
2023 · €1.69M
Debt ≤ 1 year
€577k▼
2023 · €680k
Debt > 1 year
€815k▼
2023 · €993k
Income taxes
€3k▲
2023 · €198
Staff costs
€1.33M▼
2023 · €1.36M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.70M€1.49M▼
Fixed assets21/28€1.01M€832k▼
Intangible fixed assets21€5k€889▼
Tangible fixed assets22/27€1.00M€830k▼
Plant, machinery and equipment23€15k€12k▼
Furniture and vehicles24€182k€206k▲
Leasing and similar rights25€805k€613k▼
Financial fixed assets28€801€801=
Current assets29/58€696k€661k▼
Amounts receivable within one year40/41€372k€603k▲
Trade receivables40€328k€492k▲
Other amounts receivable41€44k€111k▲
Cash at bank and in hand54/58€270k€57k▼
Deferred charges and accrued income490/1€53k€741▼
Equity and liabilities
Total equity and liabilities10/49€1.70M€1.49M▼
Equity10/15€9k€86k▲
Contributions10/11€20k€20k=
Reserves13€47k€47k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€24k€24k=
Distributable reserves133€24k€24k=
Profit (loss) carried forward14€-59k€18k▲
Amounts payable17/49€1.69M€1.41M▼
Amounts payable after more than one year17€993k€815k▼
Financial debts170/4€993k€815k▼
Amounts payable within one year42/48€680k€577k▼
Current portion of amounts payable after more than one year42€133k€132k▼
Financial debts43€41k€41k=
Credit institutions430/8€41k€41k=
Trade debts44€344k€226k▼
Suppliers440/4€344k€226k▼
Taxes, remuneration and social security45€161k€178k▲
Taxes450/3€31k€12k▼
Remuneration and social security454/9€130k€166k▲
Other amounts payable47/48€373€373=
Accrued charges and deferred income492/3€21k€16k▼
Income statement
Code20232024
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€1.36M€1.33M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€214k€182k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€3k
Other operating charges640/8€21k€28k▲
Gross operating margin9900€1.78M€1.67M▼
Operating profit (loss)9901€180k€124k▼
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€48k€44k▼
Recurring financial charges65€48k€44k▼
Profit (loss) for the period before taxes9903€132k€80k▼
Income taxes67/77€198€3k▲
Profit (loss) for the period9904€132k€77k▼
Profit (loss) for the period to be appropriated9905€132k€77k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-59k€18k▲
Profit (loss) brought forward from the previous period14P€-191k€-59k▲
Social balance
Average headcount (FTE)908728.325.9▼
The notes to these accounts (22 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 7 days late
2023
31-12
Financial
Highest result since 2018net €132k ▲177%
Operating result €180k, net result €132k, both a record.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €48k
Net result €48k after 2 loss-making years.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 22 days late
2021
31-12
Financial
Weakest financial yearnet €-89k
Net result drops to €-89k, the lowest in the series; recovery starts the following year.
09-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €44k
Net result €44k after one loss-making year.
13-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
08-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2000
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bredabaan 8772170 AntwerpenGround area
716 m²
Building footprint
472 m²
Volume, LiDAR
3,551 m³
Parcel 11423B0241/00X005, Flanders · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Bredabaan 877, 2170 Antwerpen
since 20002.100.743.846
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11423B0241/00X005 | Flanders | 716 m² | 1 · 472 m² | 11.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 14,045 EUR awarded · 14,045 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 14,045 EUR | 14,045 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
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Of 12,606 companies in sector 49410 we hold annual accounts for 8,195. 6,303 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-03-2000
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
45310
46720Wholesale of motor vehicle parts and accessories
50301
60243
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.