I.I.C EXPRESS
ActiveSummary
The computed 12-month bankruptcy probability of I.I.C EXPRESS is 4.2% (elevated). The 2025 annual accounts show equity of €70k and a net result of €28k. Equity is growing by ~63.7% per year across the filed fiscal years. Its solvency ranks better than 58% of 478 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability90▲+7
Solvency67▲+17
Growth78=
Track record94
Bankruptcy probability, 12 months
4.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days only on tighter terms
Liquidity ample (current ratio 1.59 against 1.24 in 2024; short-term debt: 57.8% and cash: 10.3% of total assets), but 58.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 53
Relative position
BE, all sectors
reference
Sector 53
higher
← fewer bankruptcies
more bankruptcies →
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
41.9%
Return on assets
16.8%
Age of the figures
13 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 16-03-2026, 15 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
15 d early
2024
11 d late
2023
on the day
2022
28 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-08-2026 and is due by 31-03-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-08-2026 close24-09-2026 today31-03-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€70k▲ 66.8%
2024 · €42k
2022: €17k
2023: €22k
2024: €42k
2022 → 2025
Total assets
€167k▼ 1.3%
2024 · €170k
2022: €41k
2023: €37k
2024: €170k
2022 → 2025
Net result
€28k▲ 43.3%
2024 · €20k
2022: €12k
2023: €6k
2024: €20k
2022 → 2025
Working capital
€57k▲ 87.5%
2024 · €30k
2022: €7k
2023: €12k
2024: €30k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€17k-€22k▲ 32.7%€42k▲ 87.4%€70k▲ 66.8%
Operating result€12k-€7k▼ 39.1%€18k▲ 140%€34k▲ 92.7%
Net result€12k-€6k▼ 54.7%€20k▲ 255%€28k▲ 43.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 93% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €167k
Fixed assets
€14k ▲ 16.5%
Current assets
€154k ▼ 2.6%
Equity and liabilities €167k
Equity
€70k ▲ 66.8%
Debt
€97k ▼ 23.8%
Debt's share of the balance-sheet total falls from 75.2% to 58.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€44k▲
2024 · €26k
Cash flow
€37k▲
2024 · €27k
Current ratio
1.59▲
2024 · 1.24
Debt to equity
1.38▼
2024 · 3.03
ROE
40.1%▼
2024 · 46.6%
ROA
16.8%▲
2024 · 11.6%
Interest coverage
49.06▼
2024 · 56.76
Debt ≤ 1 year
€97k▼
2024 · €128k
Income taxes
€6k▲
2024 · €2k
Staff costs
€94k▲
2024 · €64k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€170k€167k▼
Formation expenses20€0€0=
Fixed assets21/28€12k€14k▲
Tangible fixed assets22/27€12k€14k▲
Furniture and vehicles24€12k€14k▲
Current assets29/58€158k€154k▼
Amounts receivable within one year40/41€135k€137k▲
Trade receivables40€135k€137k▲
Other amounts receivable41€199-
Cash at bank and in hand54/58€23k€17k▼
Equity and liabilities
Total equity and liabilities10/49€170k€167k▼
Equity10/15€42k€70k▲
Contributions10/11€5k€5k=
Outside capital11€5k€5k=
Other1109/19€5k€5k=
Profit (loss) carried forward14€37k€66k▲
Amounts payable17/49€128k€97k▼
Amounts payable within one year42/48€128k€97k▼
Trade debts44€68k€43k▼
Suppliers440/4€68k€43k▼
Taxes, remuneration and social security45€55k€39k▼
Taxes450/3€13k€14k▲
Remuneration and social security454/9€41k€24k▼
Other amounts payable47/48€5k€15k▲
Accrued charges and deferred income492/3-€427
Income statement
Code20242025
Remuneration, social security and pensions62€64k€94k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€9k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€92k€140k▲
Operating profit (loss)9901€18k€34k▲
Financial income75/76B€4k€250▼
Recurring financial income75€4k€2▼
Non-recurring financial income76B€4k€248▼
Financial charges65/66B€453€888▲
Recurring financial charges65€453€888▲
Profit (loss) for the period before taxes9903€21k€34k▲
Income taxes67/77€2k€6k▲
Profit (loss) for the period9904€20k€28k▲
Profit (loss) for the period to be appropriated9905€20k€28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€37k€66k▲
Profit (loss) brought forward from the previous period14P€18k€37k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-08
Financial
Highest result since 2022net €28k ▲43.3%
Operating result €34k, net result €28k, both a record.
11-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
31-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
Financial
Weakest financial yearnet €6k ▼54.7%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
03-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro 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, Sint-Genesius-Rode · 1 establishment unit since 2021
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.
Lindestraat 421640 Sint-Genesius-RodeGround area
662 m²
Building footprint
169 m²
Volume, LiDAR
1,299 m³
2 parcels, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
I.I.C EXPRESS
since 20212.322.575.918
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23322B0480/00V000 | Flanders | 451 m² | 1 · 80 m² | 11.4 m · 3 fl. |
| 22004C0677/00T000 | Flanders | 210 m² | 1 · 89 m² | 10.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
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Blue Arrow
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Of 4,915 companies in sector 53200 we hold annual accounts for 1,329. 1,080 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-08-2021
Fiscal year end31-08
Activities, NACEBEL 2025
53200Other postal and courier activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.