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I.C.Y.

Active
Private limited companyfounded 2004active for 22 yearsReepkenslei 69/71, 2550 Kontich, BelgiumKBO/BCE: BE 0863.448.270
Summary

I.C.Y. has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €622,799 and a net result of -€1,942. Equity is growing by about 14% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Activity
Activity not known1 site
Size
€646,125total assets 2025
Equity
€622,799
Loss
-€1,942
Turnover not published (micro format)
Financial health
69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Structure
Accounts filed 61 days late0 of 3 deeds read
Why 69raises riskLiquidity: current ratio 0.95, cash €1,255, halvedLatest accounts 61 days late; 2 of the last 3 latelowers riskSize: total assets €646,125Equity €622,799 (96.4% of total assets)Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 48% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 96.4% of total assets
Liquidity 50-11
short-term debt 3.6% · cash 0.2%
Profitability 37+8
return on assets -0.3%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.2%lowest value 12-2024: 0.2%● unchanged vs 11-2024lowest value 01-2025: 0.3%▲ +0.1 percentage points vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.4%▲ +0.1 percentage points vs 04-2025 06-2025: 0.5%▲ +0.1 percentage points vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.9%▲ +0.4 percentage points vs 07-2025 09-2025: 1.1%▲ +0.2 percentage points vs 08-2025 10-2025: 2.0%▲ +0.9 percentage points vs 09-2025highest value 11-2025: 0.4%▼ -1.6 percentage points vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.5%▲ +0.1 percentage points vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.6%▲ +0.1 percentage points vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.3%▼ -0.3 percentage points vs 07-2026 09-2026: 0.4%▲ +0.1 percentage points vs 08-2026 10-2026: 0.7%▲ +0.3 percentage points vs 09-2026
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.95, compared with 1.0 in 2024; short-term debt: 3.6% and cash: 0.2% of total assets), and 3.6% 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 (no NACE code, micro): better than 81% on solvency, 40% on liquidity, 27% on profitability and 44% on growth.

The bankruptcy probability was computed on 09-10-2026 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

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €646,125
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.95, cash €1,255, halved
NBB · annual accounts
raises risk · Latest accounts 61 days late; 2 of the last 3 late
NBB · filings
lowers risk · Equity €622,799 (96.4% of total assets)
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
61 days late
2024
83 days late
2023
77 days early
2022
30 days late
2021
31 days late
2020
31 days late
2019
46 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 29 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 filed years within 52 days of that day).
Companies Code · seven months
Where today falls in the filing period
09-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Director resignation · Director appointmentOther statement · Power of…
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Caution: Latest accounts filed lateafter the legal deadline 61 days View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€1,942 View
  • Total assets 20256 financial years filed €646,125 View

By topic

Financials

Financial year
2025
Total assets
€646,125
Loss
-€1,942
Solvency
96.4%
Total assets▼ 16.6%
Net result
20182025
Go to Financials

Timeline

Events
28
Since
2005
Next accounts
by 31-07-2027
  1. 15-05-2024Annual accounts filed
  2. 31-12-2023Highest result from 2018 to 2025
  3. 31-12-2023Equity above €500,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Founded
16-02-2004
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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