Equity
€56,017 ▼ 13.6%
IC Engineering paid out €29,412 in dividends. That is 143% of the 2025 profit.
IC Engineering
Overview
Lifetime
3 annual accounts with figures on one time axispeak €54,109 (2025)
€54,109▲ 4.1%
peak €34,925 (2024)
€20,619▼ 41.0%
peak €64,810 (2024)
€56,017▼ 13.6%
€81,939▲ 154%
Board1 name since 2022
1 directorCLAES Ian
Documentsfilings and deeds
30-01-20261 day before the deadline
2025micro format
Result from €34,925 to €20,619Dividend €29,412Equity from €64,810 to €56,017Debts from €32,209 to €81,939Cash from €38,493 to €72,584
Key points
from the 2025 annual accountsTurnover
≈ €120,000 estimated
The micro format states no turnover.
Investments
€42,256 2.3 × depreciation
Green is investment, beige is depreciation.
Checked score
93
Excellent
Financially stronger than 46% of micro companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
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 14,829 companies (NACE 71, micro).
Fewer than 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 12-2024highest value
02-2025: 0.1%● unchanged vs 01-2025
03-2025: < 0.1%▼ -0.1 percentage points vs 02-2025lowest value
04-2025: < 0.1%● unchanged vs 03-2025lowest value
05-2025: < 0.1%● unchanged vs 04-2025lowest value
06-2025: < 0.1%● unchanged vs 05-2025lowest value
07-2025: < 0.1%● unchanged vs 06-2025lowest value
08-2025: < 0.1%● unchanged vs 07-2025lowest value
09-2025: 0.1%▲ +0.1 percentage points vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
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: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2022
Profit of €20,619 (financial year 2025)
lowers risk
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Liquidity: current ratio 1.31, cash €72,584
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 71, micro). It does better than 39% of them on solvency, 59% on liquidity, 60% on profitability and 25% on growth.
The bankruptcy probability was computed on 10-11-2026 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 30-06-2025.
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, 39,278 companies had the same profile as IC Engineering has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of IC Engineering itself is lower: 0.1% within 12 months. It rests on far more data about IC Engineering than the profile alone.
Test of the method
The method was tested on the 497,448 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.
| 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 39,278 companies, not a prediction for IC Engineering. 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
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.31 (2.7 in 2024), below the usual 1.5. Short-term debt is 56.8% and cash 52.6% of total assets. 59.4% 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
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
1 day early
2024
on the day
2023
4 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 2 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 30 January (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end11-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0788403429
Incorporation
Founding capital of €3,000, 100 shares · Founder: CLAES Ian · Appointment: CLAES Ian (director) · published on 12-07-2022 · Gazette deed
First establishment
Burgem. Firmin De Meyerstraat 6, Zottegem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| IC Engineering Zottegem | €137,956 | €54,109 | 40.6% | - |
| JIS CONSULT Haaltert | €125,146 | €54,232 | 9.4% | - |
| The LM Office Beveren-Kruibeke-Zwijndrecht | €139,532 | €59,231 | 7.2% | - |
| DJW-SERVICE Horebeke | €129,949 | €59,868 | 46.6% | - |
| Bavo Quintelier Zele | €150,789 | €61,741 | 95.2% | - |
| JODEMA CONSULTING Sint-Niklaas | €160,099 | €54,719 | 68.0% | - |
| J&C Projects Zelzate | €136,461 | €50,112 | 77.9% | - |
These companies have the same main activity as IC Engineering: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €125,000 and €160,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 08-07-2022Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 2 others
- Establishment unit
- 2.334.014.3949620 Zottegem, since 08-07-2022
- Financial year end
- 30 June
- Peppol
- Reachable since 06-06-2025
Annual accounts to 30-06-2025
- €54,109▲ 4.1%
- €20,619▼ 41.0%
- €56,017▼ 13.6%
- €137,956▲ 42.2%
- Filing
- Filed on 30-01-2026, 1 day before the end of the filing period
Insights on IC Engineering
IC Engineering files the micro format. That format states no turnover. The gross margin rose from €40,128 in 2023 to €54,109 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 30-01-2026, 1 day before the deadline€54,109
▲ 4.1%
€28,640
▼ 35.4%
€20,619
▼ 41.0%
€24,163
▼ 49.0%
40.6%
▼ 26.2 percentage points
1.31
▼ 1.39
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €120,000. Estimated: probably between €89,000 and €160,000.
Balance sheet
balance sheet total €137,956 on 30-06-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
40.6%
Higher than 38% of 11,794 companies in 2025.
1.31
Higher than 31% of 11,521 companies in 2025.
14.9%
Higher than 56% of 11,605 companies in 2025.
IC Engineering
Middle half of the sector
80% of the sector
Micro accounts in architecture and engineering (NACE 71)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
137,956 | 97,019 | 59,344 | |
20 |
- | - | 93 | |
21/28 |
35,453 | 21,820 | 20,693 | |
22/27 |
35,453 | 21,820 | 20,693 | |
23 |
3,323 | 3,993 | 2,890 | |
24 |
32,130 | 17,827 | 17,803 | |
29/58 |
102,503 | 75,199 | 38,557 | |
40/41 |
29,499 | 36,706 | 11,525 | |
40 |
29,018 | 36,236 | 11,490 | |
41 |
481 | 470 | 35 | |
54/58 |
72,584 | 38,493 | 26,759 | |
490/1 |
419 | - | 273 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
137,956 | 97,019 | 59,344 | |
10/15 |
56,017 | 64,810 | 29,885 | |
10/11 |
3,000 | 3,000 | 3,000 | |
13 |
53,017 | 61,810 | 26,885 | |
133 |
53,017 | 61,810 | 26,885 | |
17/49 |
81,939 | 32,209 | 29,459 | |
42/48 |
78,339 | 27,833 | 28,259 | |
44 |
535 | 2,920 | 2,699 | |
440/4 |
535 | 2,920 | 2,699 | |
45 |
19,120 | 17,172 | 12,242 | |
450/3 |
19,120 | 17,172 | 10,742 | |
454/9 |
- | - | 1,500 | |
47/48 |
58,685 | 7,741 | 13,319 | |
492/3 |
3,600 | 4,376 | 1,200 | |
| Income statement | ||||
9900 |
54,109 | 51,974 | 40,128 | |
630 |
18,453 | 6,884 | 4,868 | |
640/8 |
846 | 773 | 1,199 | |
66A |
6,170 | - | - | |
9901 |
28,640 | 44,316 | 34,061 | |
75/76B |
- | 3 | - | |
75 |
- | 3 | - | |
65/66B |
1,690 | 68 | 102 | |
65 |
1,690 | 68 | 102 | |
9903 |
26,950 | 44,251 | 33,959 | |
67/77 |
6,331 | 9,326 | 7,074 | |
9904 |
20,619 | 34,925 | 26,885 | |
9905 |
20,619 | 34,925 | 26,885 | |
| Appropriation of the result | ||||
9906 |
20,619 | 34,925 | 26,885 | |
791/2 |
29,412 | - | - | |
691/2 |
20,619 | 34,925 | 26,885 | |
6921 |
20,619 | 34,925 | 26,885 | |
694/7 |
29,412 | - | - | |
694 |
29,412 | - | - | |
| Document | ||||
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 filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 30-01-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 47,093 | 51,200 | 38,929 | ||
| 39,071 | 41,809 | 31,753 | ||
| 42,256 | 7,918 | 23,981 | ||
| 34,091 | 11,733 | - | ||
| 24,163 | 47,366 | 10,298 | ||
| 40.6% | 66.8% | 50.4% | ||
| 1.31 | 2.70 | 1.36 | ||
| 1.46 | 0.50 | 0.99 | ||
| 36.8% | 53.9% | 90.0% | ||
| 14.9% | 36.0% | 45.3% | ||
| 27.86 | over 100 | over 100 |
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| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 |
|---|---|---|---|
| Tangible fixed assets | €42,256 | €7,918 | €23,981 |
| €18,453 | €6,884 | €4,868 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on IC Engineering
The operating result for 2025 is 35% lower than in 2024 and the lowest since 2023.
Debt's share of the balance-sheet total rises from 33.2% to 59.4%. Equity is lower and debt is higher.
Board & ownership
Board
1 director, since incorporationDirector
appointed by deed of 12-07-2022
term without a fixed end
listed in the 2025 annual accounts, filed on 30-01-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 12-07-2022
Mandates through the years
1 name, the dashed line is todayCLAES Ian
Director
Director
Board
Mandates as a list
- CLAES Ian
- Director, appointed by deed of 12-07-2022, still in office
Control
Capital
- Contribution
- €3,000
- Shares
- 100
- Contribution per share
- €30
- Equity per share
- €560 in 2025
- Source
- deed of 12-07-2022
Articles of association
deed of 12-07-2022 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of December at 17:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Één of meer vereffenaars, alle machten in artikel 2:87 Wetboek van vennootschappen en verenigingen zonder bijzondere machtiging”
Shareholders
At incorporation
deed of 12-07-2022 ↗
- CLAES Ian 100 shares (100%) · €3,000 in cash
Network & group
No group
IC Engineering has no parent and no holdings in its annual accounts. CLAES Ian is the only director. IC Engineering shares no director with another company.
Timeline
Timeline
8 events since 2022Filings
Financial
Establishments
20222023202420252026
Deadline for the 2026 accounts: 31-01-2027
2026
Annual accounts 2025 filed PDFmicro format · 1 day before the deadline
2025
Weakest financial year net €20,619 ▼41% The net result drops to €20,619, the lowest from 2023 to 2025.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0788403429
Annual accounts 2024 filed PDFmicro format · on the deadline day
2024
Highest result from 2023 to 2025 net €34,925 ▲29.9% The operating result of €44,316 and the net result of €34,925 are both a record.
Annual accounts 2023 filed PDFmicro format · 4 days before the deadline
2022
IncorporationFounding capital of €3,000, 100 shares · Founder: CLAES Ian · Appointment: CLAES Ian (director) · published on 12-07-20225 points ▸
First establishment Burgem. Firmin De Meyerstraat 6, Zottegem
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
Company details
Identity
- Enterprise number
- 0788.403.429
- VAT number
- BE 0788.403.429
- Peppol ID
- 0208:0788403429
- Other Peppol ID
- 9925:BE0788403429
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 08-07-2022
- Financial year
- ends on 30 June
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of December at 17:00deed of 12-07-2022 (in Dutch)
- Peppol
- Reachable since 06-06-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- IC Engineering in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 12-07-2022 (in Dutch)
- Name clauseThe company operates under this name according to its articles.
- IC Engineeringdeed of 12-07-2022 (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 12-07-2022 (in Dutch)
Activities
NACEBEL 202571121
Engineering and related technical consultancy, excluding land surveyors main activity
Codes under NACEBEL 2008
71121
Engineering activities main activity
33120
Repair, maintenance and installation of machinery and equipment
33200
Installation of industrial machinery and equipment
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Ingenieursdiensten en aanverwant technisch advies en technische studies in de meest ruime zin; Consultancy op het gebied van…”deed of 12-07-2022 (in Dutch)
22 activities
- Ingenieursdiensten en aanverwant technisch advies en technische studies in de meest ruime zin;
- Consultancy op het gebied van studietechnieken,bedrijfsvoering en bedrijfsbeheer.
- CAD-tekenwerk,ontwerpen en opmaken van ramingen voor gebouwen,infrastructuurprojecten,wegenis en andere burgerlijke bouwwerken;
- Alle activiteiten in verband met het beroep van technisch tekenaar;
- Het verrichten van studies en expertises,het ontwerpen,vormgeven,ontwikkelen,industrialiseren en commercialiseren van producten,machines en industriële uitrustingen;
- De bouw van machines,onderdelen van de machines,engineering in de ruimste zin van het woord;
- Adviesverlening en implementatie inzake de configuratie en toepassing van software voor machines en industriële uitrustingen;
- Het onderhoud,revisie,herstel,de aan- en verkoop van machines,apparaten,onderdelen van machines en elektronische apparatuur;
- De vervaardiging en aan- en verkoop van producten in kunststof via 3D printing technologie;
- De vervaardiging,ontwerp en aan- en verkoop van keramische producten;
- De restauratie,en aan- en verkoop van eetkamer-,zitkamer-,slaapkamer- en badkamermeubels,dressings en kasten,trappen,(inbouw) keukens,wanden;
- De samenstelling en het beheer van een onroerend vermogen en de huurfinanciering van onroerende goederen aan derden,het verwerven door aankoop of anderszins,het verkopen,het ruilen,het bouwen,het verbouwen,het verbeteren,het uitrusten,het inrichten,het aanpassen,het verfraaien,het onderhouden,het herstellen,het verhuren,het laten gebruiken op alle mogelijke wijzen,het huren,het beheren,het verkavelen,het prospecteren en het uitbaten van onroerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met deze activiteiten in verband staan en die van aard zijn de uitbreiding en de opbrengst van de onroerende goederen te bevorderen,alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze onroerende goederen;
- Alle financiële en beheersverrichtingen met betrekking tot eigen roerend vermogen en met betrekking tot onroerend vermogen,onder meer,krediet en financiering,belegging van eigen roerend vermogen en van onroerend vermogen,het nemen van participaties in nieuwe en bestaande vennootschappen,beheren van eigen roerend en van onroerend vermogen,hypothecaire en andere borgstelling,commissie- en delcredereverrichtingen,het toestaan van leningen en kredietopeningen aan vennootschappen of particulieren,voor zover dit alles wettelijk is toegelaten.
- Een patrimonium bestaande uit eigen roerende en onroerende goederen te verwerven,te behouden,in de ruimste zin van het woord te beheren en oordeelkundig uit te breiden. Binnen dit kader mag de vennootschap overgaan tot het aankopen,verkopen,bouwen,verbouwen,uitrusten,opschikken,herstellen,valoriseren,huren,verhuren,onderverhuren of in pand nemen,maar ook eventueel verkopen van alle roerende en onroerende goederen,al dan niet gemeubeld.
- Het stellen van persoonlijke of zakelijke borgen in het voordeel van derden;
- Het nemen van participaties onder welke vorm ook,in alle bestaande en op te richten vennootschappen en ondernemingen,het beheren en valoriseren van eigen roerende waarden en participaties,het verlenen van financiële en andere bijstand aan de vennootschappen en ondernemingen waarin ze belangen heeft;
- Het optreden als bestuurder of vereffenaar in andere vennootschappen;
- Elke dienstverlening op het gebied van management,het beheer en het bestuur van en alle adviesverlening aan bedrijven,personen en vennootschappen.
- Het ontwikkelen,kopen,verkopen,in licentie nemen of geven van octrooien,knowhow en aanverwante immateriële duurzame activa;
- De deelname aan en organisatie van manifestaties,tentoonstellingen,evenementen,beurzen,allerhande congressen en seminaries.
- De aan- en verkoop,in- en uitvoer,commissiehandel en vertegenwoordiging van om het even welke goederen,in ‘t kort tussenpersoon in de handel.
- Het onderzoek,de ontwikkeling,de vervaardiging of commercialisering van nieuwe producten,nieuwe vormen van technologie en hun toepassingen.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Burgem. Firmin De Meyerstraat 6 registered office 9620 Zottegem | 08-07-2022 | 2.334.014.394 |
Buildings and parcels at the address
- Ground area
- 119 m²
- Buildings
- 52 m²
- Volume, LiDAR
- 446 m³
- Tallest building
- 11.6 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 41081A0781/00D005 | 119 m² | 1 · 52 m² | 11.6 m · 3 |