Active BE 0741.630.821Private limited companyOpen bankruptcy

IC Group

· 6 yrs active

Sector: NACE 42219 (42219)

Conclusion Checked

A bankruptcy procedure is open for IC Group according to publications in the Belgian State Gazette. The file additionally contains 1 pre-bankruptcy signal and 1 administrative flag. The 2022 annual accounts show equity of €293k and a net result of €140k.

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€293k
Net result	€140k
Staff (FTE)	5.6
Active	6 yrs

Snowflake analysis 5 axes · computed by Checked

46 / 100

Mixed profile: strong on profitability, weaker on stability.

Health 16

Profitability 100

Solvency 38

Growth 78

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

58 / 100

High risk

Components

· 1 pre-bankruptcy signal (+5)

· Open bankruptcy (+50)

· 1 administrative flag (+3)

Trust signals 1 signals

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 1 events

Address struck

Health barometer FY 2022 · computed

16 / 100 Critical

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.

Financial overview5 NBB filings

Annual accounts filed on 30-09-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

EBITDA

€232k

+528.2% +98% vs sector

Net profit

€140k

+395.3% +252% vs sector

Cash flow

€191k

+541.0% +32% vs sector

Total assets

€1.25M

+788.0% +235% vs sector

Equity

€293k

+274.2% +78% vs sector

Working capital

€184k

+148.5% +33% vs sector

Employees (FTE)

6

+166.7% +300% vs sector

Staff costs

€154k

— +176% vs sector

Income taxes

€40k

+466.1% +204% vs sector

Debt

€954k

+1435.4% +347% vs sector

Debt ≤ 1y

€954k

+1435.4% +377% vs sector

Current ratio

1.19

-45.6% -7% vs sector

Quick ratio

1.19

-45.6% -2% vs sector

Solvency

23.5%

-57.9% -45% vs sector

Debt / equity

3.26

— +32% vs sector

ROE

47.8%

+32.4% +91% vs sector

ROA

11.2%

-44.2% +5% vs sector

Interest coverage

273.50

— +3432% vs sector

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2022
Revenue	—
EBITDA	€232k
Net profit	€140k
Cash flow	€191k
Staff costs	€154k
Income taxes	€40k
Dividends	—
Total assets	€1.25M
Equity	€293k
Debt	€954k
of which ≤ 1y	€954k
of which > 1y	—
Working capital	€184k
Employees (FTE)	5.6

Ratios (computed)

	2022
Current ratio	1.19
Quick ratio	1.19
Working capital ratio	14.7%
Solvency	23.5%
Debt / equity	3.26
Long-term debt ratio	—
Interest coverage	273.50
Gross margin	—
Net margin	—
ROA	11.2%
ROE	47.8%
EBITDA margin	—
Days sales outstanding	—
Days payable outstanding	—
Inventory turnover	—
Days inventory (DSI)	—

Balance-sheet composition 2022

Assets

Fixed assets €109k · 8.8% Current assets €1.14M · 91.3%

Equity & liabilities

Equity €293k · 23.5% Debt €954k · 76.5%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2022
Balance sheet — Assets
TOTAL ASSETS	20/58	€1.25M
Fixed assets	21/28	€109k
Tangible fixed assets	22/27	€109k
Current assets	29/58	€1.14M
Amounts receivable within one year	40/41	€403k
Cash & bank	54/58	€734k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.25M
Equity	10/15	€293k
Contributions / capital	10/11	€50k
Reserves	13	€243k
Amounts payable	17/49	€954k
Amounts payable within one year	42/48	€954k
Trade debts payable within one year	44	€877k
Income statement
Gross operating margin	9900	€388k
Operating result	9901	€181k
Financial income	75	€1
Financial charges	65	€847
Result before taxes	9903	€180k
Income taxes	67/77	€40k
Net result for the period	9904	€140k
Result to be appropriated	9905	€140k

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Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	PIETER WAUMAN VIJFSTRATEN 57, 9100 SINT- NIKLAAS ↔ Also on 101 other cases	02-03-2026 → present	Belgian State Gazette

Legal Structure

NACE primary	42219
Legal form	Private limited company(610)
Incorporation	16-01-2020
Status	Active
Postal code	—
First BS signal	08-12-2025
Latest BS signal	06-03-2026

Company structure — linked entities1 linked entities

Mandates

↔ 1 of these mandate-holders are active on other cases — click any red card to open that KBO.

Establishment units 1 location

IC Group

Bouw van autowegen en andere wegen

since 20202.298.255.444

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
42342C1295/00X000	Flanders	360 m²	1 · 545 m²	14.0 m · 1 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data — this is not proof of ownership.

Updates 9 events

A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026

06-03-2026

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Dendermonde · IC GROUP BV HOOG- STRAAT 46/A, 9250 WAASMUNSTER · event 02-03-2026

2025

15-12-2025

KBO administration Address strikeout main

15-12-2025

KBO administration Address strikeout main

08-12-2025

Interim measure Provisional administrator

Ondernemingsrechtbank Gent

30-09-2025