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I-Com

Active Private limited companyfounded 2015active for 10 yearsKeltenheuvel 28, 2650 EdegemKBO/BCE: BE 0644.549.855

Overview

Lifetime

10 annual accounts with figures on one time axis
peak €16,843 (2023)
-€3,753▲ €2,308
lowest -€8,024 (2024)
-€5,464▲ €2,561
peak €17,586 (2023)
€4,098▼ 57.1%
€12,982▼ 24.6%
Board3 names since 2015
2 directorsAertgeerts Kurt and 1 other
Documentsfilings and deeds
27-07-20264 days before the deadline
2025micro format
Gross margin from -€6,061 to -€3,753Loss of €5,464Equity from €9,562 to €4,098Debts from €17,209 to €12,982

Key points

from the 2025 annual accounts

Losses

-€13,488 in two years
-8,0242024-5,4642025

The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.

Debts

€12,982 76% of the balance sheet
Suppliers 25%Taxes and wages 36%Other 39%

Position in the sector

-€5,464

Lower net result than 85% of companies in computing infrastructure and information services. Sector median €19,991 · 2,301 companies.

Turnover not published (micro format)

Checked score

54
Fair
Financially stronger than 23% of micro companies in computing infrastructure and information services (NACE 63)
Probability in this band: 1.5% to 4.2%

A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.

Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 2,947 companies (NACE 63, micro).

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

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026highest value 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.1%▼ -0.1 percentage points vs 10-2026

Financial strength
Weak

49-12equity 24.0% of total assets
59-9short-term debt 76.0% · cash 70.9%
0=return on assets -32.0%

Score breakdown

raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Loss of €5,464, the second in a row (financial year 2025)
lowers risk
Liquidity: current ratio 1.24, cash €12,114
Size: total assets €17,080
Sector: Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
Calculation

The band follows from the bankruptcy probability. 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 63, micro). It does better than 28% of them on solvency, 47% on liquidity, 7% on profitability and 12% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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

Comparable companies, two years later

In July 2024, 1,294 companies had the same profile as I-Com has now. Each dot stands for 4 companies, two years later.

89.6%
were still trading
5.9%
stopped another way
4.1%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more

Another 0.4% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of I-Com itself is lower: 0.1% within 12 months. It rests on far more data about I-Com than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,294 companies, not a prediction for I-Com. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

No publishable credit limit, so credit only on tighter terms

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity is tight, with a current ratio of 1.24 (1.6 in 2024), below the usual 1.5. Short-term debt is 76% and cash 70.9% of total assets. 76% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.24, cash €12,114
NBB · annual accounts
lowers risk · Size: total assets €17,080
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
KBO
raises risk · Loss of €5,464, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€5,464
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
4 days early
2024
31 days early
2023
30 days early
2022
35 days early
2021
25 days early
2020
30 days late
2019
20 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 11 days before the deadline. In the sector (NACE 63), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed 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 2 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

AK
Aertgeerts Kurt
Director, since 15-12-2015
VH
Director, since 15-12-2015
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0644549855
Changes of role: Aertgeerts (director) and Van Hal (director) Legal-form conversion: to private limited company · Director discharge: Aertgeerts · Director discharge: Van Hal · General meeting of 20-12-2022 · Gazette deed
Incorporation published on 18-12-2015 · Gazette deed
First establishment Keltenheuvel 28, Edegem
All 18 events

Comparable companies

same main activity, similar in size and age
Company
I-Com Edegem €17,080 -€3,753 24.0% -
Cubro Turnhout €13,280 -€3,857 9.3% -
Getaround Belgium Brussels €13,664 -€1,882 19.5% -
Triple Spark Merksplas €22,618 -€1,870 100.0% -
Nice & Robust Bruges €15,250 -€8,014 8.9% -
IMMO IQ Aartselaar €26,259 -€41,287 -543.4% 0.8
SiteDesigns Retie €9,813 €1,056 83.7% -

These companies have the same main activity as I-Com: computing infrastructure, data processing, hosting and related activities (NACE 63100). They are comparable in size and age: total assets between €9,810 and €26,300, founded between 2010 and 2019.

Official details

Source: KBO
Status
Active since 16-12-2015Normal situation
Activity
Computing infrastructure, data processing, hosting and related activitiesNACE 63100and 1 other
Establishment unit
2.248.731.1052650 Edegem, since 16-12-2015
Financial year end
31 December
Peppol
Reachable since 09-04-2025
Company details

Annual accounts 2025

-€3,753▲ 38.1%
€5,464▼ 31.9%
€4,098▼ 57.1%
€17,080▼ 36.2%
≈ 0 FTEestimated
Filing
Filed on 27-07-2026, 4 days before the end of the filing period
Financials

Insights on I-Com

I-Com files the micro format. That format states no turnover. The gross margin fell from -€1,851 in 2016 to -€3,753 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 27-07-2026, 4 days before the deadline
-€3,753
▲ €2,308
-€5,086
▲ €2,686
-€5,464
▲ €2,561
€3,054
▼ 67.8%
24.0%
▼ 11.7 percentage points
1.24
▼ 0.36

Turnover and EBIT margin are not published. The micro format does not require them.

Balance sheet

balance sheet total €17,080 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

24.0%

Higher than 26% of 2,302 companies in 2025.

1.24

Higher than 30% of 2,199 companies in 2025.

-32.0%

Higher than 7% of 2,233 companies in 2025.

I-Com Middle half of the sector 80% of the sector Micro accounts in computing infrastructure and information services (NACE 63)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016
Balance sheet: assets
20/58 17,08026,77033,50825,22320,94216,3468,97912,08113,75913,045
21/28 1,0441,3589971,9933,7305,4672,3693,3298161,266
21 11111111131261
22/27 1,0431,3579961,9923,7295,4662,3683,3286851,005
23 --------137275
24 ---05099294563548730
26 1,0431,3579961,9923,6805,3672,0732,764--
29/58 16,03525,41332,51123,23017,21210,8796,6118,75312,94311,780
40/41 3,25514,5259,77910,0384,4853,9803,4455,30510,7173,232
40 1,74113,0129,7669,3484,4853,9803,4452,3373,0953,227
41 1,5151,51313690---2,9687,6226
54/58 12,11410,39622,64713,15912,6946,8673,1663,4482,2268,547
490/1 66649285333232----
Balance sheet: equity and liabilities
10/49 17,08026,77033,50825,22320,94216,3468,97912,08113,75913,045
10/15 4,0989,56217,58611,9269,0022,872-294,6145,0592,907
10/11 6,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
100 ------18,60018,60018,60018,600
101 ------12,40012,40012,40012,400
13 03,36211,3865,7262,802-----
133 03,36211,3865,7262,802-----
14 -2,10200-0-3,328-6,229-1,586-1,141-3,293
17/49 12,98217,20915,92313,29711,94113,4749,0087,4678,70010,138
42/48 12,98215,91915,92313,29711,94113,0649,0087,4676,0107,648
44 3,2983,4971,1411,2801,7362,0863,7184,0412,3871,479
440/4 3,2983,4971,1411,2801,7362,0863,7184,0412,3871,479
45 4,6284,7749,1547,8046,5184,2772,6693,4273,6224,328
450/3 4,6284,7749,1547,8046,5182,8772,6693,4273,6224,328
454/9 ----01,400----
47/48 5,0557,6485,6284,2133,6876,7022,620--1,841
492/3 01,290--0410--2,6902,490
Income statement
9900 -3,753-6,06116,8437,31910,7325,218-4,7159992,555-1,851
62 500---------
630 3131,2069961,7371,7371,8829601,191450450
640/8 520505109102101100989694870
9901 -5,086-7,77215,7385,4808,8953,236-5,773-2882,011-3,170
75/76B 724715011,6854552450
75 724715011,6854552450
65/66B 173275319251394238358127104123
65 173275319251394238358127104123
9903 -5,252-8,02215,4905,2358,5012,999-4,447402,152-3,293
67/77 21224,8312,3102,3719919648400
9904 -5,464-8,02410,6592,9256,1302,901-4,643-4452,152-3,293
9905 -5,464-8,02410,6592,9256,1302,901-4,643-4452,152-3,293
Appropriation of the result
9906 -5,464-8,02410,6592,9252,802-3,328-6,229-1,586-1,141-3,293
14P ---0-3,328-----
791/2 3,3628,024--------
691/2 -05,6592,9252,802-----
6921 -05,6592,9252,802-----
694/7 -05,000-------
694 -05,000-------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 27-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 27-07-2026 2026-00336538 PDF
31-12-2024 micro format 30-06-2025 2025-00218460 PDF
31-12-2023 micro format 01-07-2024 2024-00190807 PDF
31-12-2022 micro format 26-06-2023 2023-00157224 PDF
31-12-2021 micro format 06-07-2022 2022-20150378 PDF
31-12-2020 micro format 30-08-2021 2021-57500375 PDF
31-12-2019 micro format 20-08-2020 2020-42600434 PDF
31-12-2018 micro format 25-07-2019 2019-39000540 PDF
31-12-2017 micro format 27-08-2018 2018-51200537 PDF
31-12-2016 abbreviated format 30-08-2017 2017-55600306 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016
-4,772-6,56616,7347,21710,6315,118-4,8139032,461-2,720
-5,150-6,81811,6564,6627,8664,783-3,6837462,601-2,843
01,5660004,98103,70301,716
1,718-12,2519,4884655,8273,702-2821,222-6,321-
3,0549,49416,5889,9335,271-2,185-2,3971,2866,9334,132
24.0%35.7%52.5%47.3%43.0%17.6%-0.3%38.2%36.8%22.3%
1.241.602.041.751.440.830.731.172.151.54
3.171.800.911.111.334.69-1.621.723.49
-133.3%-83.9%60.6%24.5%68.1%101.0%--9.6%42.5%-113.3%
-32.0%-30.0%31.8%11.6%29.3%17.7%-51.7%-3.7%15.6%-25.2%
-27.63-23.8952.4728.8126.98-----

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets-€1,566---
€313€1,206€996€1,737€1,737

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on I-Com

The operating result for 2025 is a loss of €5,086, smaller than the loss of €7,772 in 2024.

Debt's share of the balance-sheet total rises from 64.3% to 76.0%. Equity and debt are lower.

Board & ownership

Board

2 directors, last change in 2022
Aertgeerts Kurt
Director
since 15-12-2015
listed in the 2025 annual accounts, filed on 27-07-2026
Director (not named in the articles)
since 15-12-2015 term without a fixed end
earlier manager, until 29-12-2022
listed in the 2025 annual accounts, filed on 27-07-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 29-12-2022

Office holders in the KBO →

Mandates through the years

3 names, the dashed line is today
Aertgeerts Kurt
Director
Van Hal
Director (not named in the articles)
Aertgeerts
Director (not named in the articles)
BoardEarliermandate already running before its first mentionend not dated
Mandates as a list
  • Aertgeerts Kurt
    • Director, from 15-12-2015 to date
  • Van Hal
    • Director (not named in the articles), from 15-12-2015 to date
    • Manager, until 29-12-2022
  • Aertgeerts
    • Director (not named in the articles), appointed by deed of 29-12-2022, no longer listed in the 2025 annual accounts

See the board, name and registered office on a given date →

Control

Capital

Contribution
€6,200
Source
2025 annual accounts

Articles of association

deed of 29-12-2022 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Saturday of June at 17:00

Network & group

No group

I-Com has no parent and no holdings in its annual accounts. I-Com shares no director with another company.

Timeline

Timeline

18 events since 2015

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 4 days before the deadline
2025
Annual accounts 2024 filed PDFmicro format · 31 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0644549855
2024
Weakest financial year net -€8,024 The net result drops to -€8,024, the lowest from 2016 to 2025. It recovers the following year.
Annual accounts 2023 filed PDFmicro format · 30 days before the deadline
2023
Highest result from 2016 to 2025 net €10,659 ▲264% The operating result of €15,738 and the net result of €10,659 are both a record.
Annual accounts 2022 filed PDFmicro format · 35 days before the deadline
2022
Changes of role: Aertgeerts (director) and Van Hal (director)Legal-form conversion: to private limited company · Director discharge: Aertgeerts · Director discharge: Van Hal · General meeting of 20-12-202210 points ▸
  • General meeting, 20-12-2022
  • Legal-form conversion, to private limited company
  • Director resignation, Aertgeerts (manager)
  • Director resignation, Van Hal (manager)
  • Director appointment, Aertgeerts (director (not named in the articles))
  • Director appointment, Van Hal (director (not named in the articles))
  • 100 shares
  • Power of attorney, Stephane Van Roosbroeck
  • Director discharge, Aertgeerts
  • Director discharge, Van Hal
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2021 filed PDFmicro format · 25 days before the deadline
2021
Annual accounts 2020 filed PDFmicro format · 30 days late
2020
Back to profit net €2,901 The net result is €2,901, after 2 loss-making years.
Annual accounts 2019 filed PDFmicro format · 20 days late
2019
Annual accounts 2018 filed PDFmicro format · 6 days before the deadline
2018
Annual accounts 2017 filed PDFmicro format · 27 days late
2017
Back to profit net €2,152 The net result is €2,152, after one loss-making year.
Annual accounts 2016 filed PDFabbreviated format · 30 days late
2015
Incorporation PDFpublished on 18-12-2015
First establishment Keltenheuvel 28, Edegem

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 16 December 2015, I-Com was incorporated.1 Total assets went from €12,081 in 2018 to €17,080 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0644.549.855
VAT number
BE 0644.549.855
Peppol ID
0208:0644549855
Other Peppol ID
9925:BE0644549855
Legal form
Private limited company
Status
Active, normal situation
Founded
16-12-2015
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Saturday of June at 17:00
deed of 29-12-2022 (in Dutch)
Peppol
Reachable since 09-04-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
I-Com in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 29-12-2022 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 29-12-2022 (in Dutch)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
63110 Computing infrastructure, data processing, hosting and other information service activities main activity
63990 Computing infrastructure, data processing, hosting and other information service activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“Ontwikkelen van websites, grafische vormgeving, maken van lay-outs, publicaties, nieuwe media, hosting van websites, beheren van websites en…”
10 activities
  1. Ontwikkelen van websites, grafische vormgeving, maken van lay-outs, publicaties, nieuwe media, hosting van websites, beheren van websites en internetapplicaties, prepress activiteiten, ontwikkelen van corporate image, mediacampagnes, kunstorganisaties, maken van huisstijlen
  2. Ontwikkelen en voeren van webshops
  3. Uitbrengen van reclamefolders
  4. Organisaties aan/verkoop van en voor vervaardigen van kunst, website, webdesign, kledij, informatica hardware, software media
  5. Optimaliseren van zoekmachines en advertenties
  6. Kunst, video, film, foto, muziek, dans, toneel, mode en grafische vormgeving,
  7. Productontwikkeling, kunst op alle materie, animatiefilm, interieurvorming, fotografie, grafiek, grafische en reclamevormgeving
  8. Multimedia, de introductie en het gebruik van nieuwe media en informatie- en communicatietechnologieën voor educatieve doelstellingen te coördineren en te ondersteunen
  9. Programmeren networking, internet
  10. En al wat daarmede rechtstreeks of onrechtstreeks verband houdt
deed of 29-12-2022 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Keltenheuvel 28 registered office 2650 Edegem 16-12-2015 2.248.731.105

Buildings and parcels at the address

Ground area
251 m²
Buildings
89 m²
Volume, LiDAR
1 m³
Tallest building
0.4 m
Buildings to scale, each on its own parcel
89 m², 0.4 m 89 m², 0.4 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
11472B0137/00H002251 m² 1 · 89 m² 0.4 m