Result
€118,959 ▲ 73.3%
The result rose in 2025 from €68,631 to €118,959.
INDUSTRIAL CONSTRUCTIONS & SOLUTIONS
Lifetime
20 annual accounts with figures on one time axis, 24 filings since 2002peak €609,387 (2008)
€442,228▲ 38.7%
lowest -€65,216 (2023)
€118,959▲ 73.3%
peak €657,521 (2017)
€592,049▲ 25.1%
€592,006▲ 2.9%
peak 6.2 FTE (2016)
4.1 FTE▲ 13.9%
Owners3 names in the annual accounts
90%BOOST-ID and 1 other
Documentsfilings and deeds
16-04-2026106 days before the deadline
2025abbreviated format
Gross margin from €318,903 to €442,228Result from €68,631 to €118,959Staff from 3.6 FTE to 4.1 FTEEquity from €473,090 to €592,049Cash from €509,828 to €350,947
Key points
from the 2025 annual accountsChecked score
96
Excellent
Financially stronger than 66% of micro companies in machinery and equipment (NACE 28)
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: 0.3% across 980 companies (NACE 28, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025highest value
07-2025: < 0.1%▼ -0.2 percentage points vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged 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 04-2026lowest value
06-2026: < 0.1%● unchanged vs 05-2026lowest value
07-2026: < 0.1%● unchanged vs 06-2026lowest value
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 1.81, cash €350,947
Founded in 2001
Equity €592,049 (50.0% of total assets)
Size: 4.1 FTE, total assets €1.2m
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 28, micro). It does better than 54% of them on solvency, 62% on liquidity, 68% on profitability and 79% on growth.
The bankruptcy probability was computed on 06-11-2026 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, 31,368 companies had the same profile as INDUSTRIAL CONSTRUCTIONS & SOLUTIONS has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of INDUSTRIAL CONSTRUCTIONS & SOLUTIONS itself: < 0.1% within 12 months.
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.
| 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 31,368 companies, not a prediction for INDUSTRIAL CONSTRUCTIONS & SOLUTIONS. 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 €55,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.81 (1.61 in 2024), above the usual 1.5. Short-term debt is 50% and cash 29.6% of total assets. 50% 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
6 signals, none raises the risk
Six signals.
lowers riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €592,049
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 16-04-2026, 106 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
106 days early
2024
55 days early
2023
42 days early
2022
56 days early
2021
122 days early
2020
141 days early
2019
127 days early
← 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 93 days before the deadline. In the sector (NACE 28), the median for financial year 2024 was 11 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 5 June (4 of the last 5 accounts filed within 50 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- BOOST-ID 90%equity €1.1m (2025) · 2025 annual accounts of BOOST-ID
- G-TEC 10%score 96equity €13.8m (2025) · 30-09-2025 annual accounts of G-TEC
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0474125607
Environmental permit granted
Bouwen of herbouwen · Veurne
First establishment
IC-S, Duvenkot 4, Veurne
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| INDUSTRIAL CONSTRUCTIONS & SOLUTIONS Veurne | €1.2m | €442,228 | 50.0% | 4.1 |
| ROFCO Menen | €1.4m | €527,773 | 80.6% | 4.9 |
| V.D.M. SYSTEMS Ternat | €0.8m | €585,553 | 49.6% | 5.2 |
| PROMINOX Lebbeke | €1.0m | €960,910 | 60.2% | 6.5 |
| SOMEPRODUCTS Brussels | €0.8m | €572,327 | 26.9% | 7.7 |
| SOLLERTEC Ypres | €1.6m | €293,517 | 65.2% | 2.6 |
| BW PROCESTECHNIEK Lier | €2.4m | €781,069 | 71.4% | 4.7 |
These companies have the same main activity as INDUSTRIAL CONSTRUCTIONS & SOLUTIONS: manufacture of machinery and equipment not elsewhere classified (NACE 28930). They are comparable in size and age: total assets between €772,000 and €2.4m, founded between 1994 and 2009.
Official details
Source: KBO- Status
- Active since 05-03-2001Normal situation
- Activity
- Manufacture of machinery and equipment not elsewhere classifiedNACE 28930and 1 other
- Establishment unit
- 2.101.260.0258630 Veurne, since 02-04-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 09-01-2025
Annual accounts 2025
- ≈ €1.0mestimated
- €1.2m▲ 12.9%
- Employeeson 31-12-2025
- 4=
- Filing
- Filed on 16-04-2026, 106 days before the end of the filing period
Insights on INDUSTRIAL CONSTRUCTIONS & SOLUTIONS
INDUSTRIAL CONSTRUCTIONS & SOLUTIONS files the abbreviated format. That format states no turnover. The gross margin rose from €381,757 in 2006 to €442,228 in 2025.
BOOST-ID holds 90% of the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about INDUSTRIAL CONSTRUCTIONS & SOLUTIONS
- What is the company number of INDUSTRIAL CONSTRUCTIONS & SOLUTIONS?
- The company number of INDUSTRIAL CONSTRUCTIONS & SOLUTIONS is 0474.125.607. The VAT number is the same number with BE in front: BE 0474.125.607.
- Where is INDUSTRIAL CONSTRUCTIONS & SOLUTIONS based?
- The registered office is at Duvenkot 4, 8630 Veurne.Company details
- What does INDUSTRIAL CONSTRUCTIONS & SOLUTIONS do?
- According to the KBO register, the main activity is manufacture of machinery and equipment not elsewhere classified (NACE 28930).
- What is the legal form of INDUSTRIAL CONSTRUCTIONS & SOLUTIONS?
- INDUSTRIAL CONSTRUCTIONS & SOLUTIONS is a public limited company (NV).
- When was INDUSTRIAL CONSTRUCTIONS & SOLUTIONS founded?
- INDUSTRIAL CONSTRUCTIONS & SOLUTIONS was founded on 05-03-2001.
- Is INDUSTRIAL CONSTRUCTIONS & SOLUTIONS still active?
- Yes, INDUSTRIAL CONSTRUCTIONS & SOLUTIONS is an active enterprise in the KBO register.
- How many employees does INDUSTRIAL CONSTRUCTIONS & SOLUTIONS have?
- INDUSTRIAL CONSTRUCTIONS & SOLUTIONS had an average of 4.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of INDUSTRIAL CONSTRUCTIONS & SOLUTIONS?
- The turnover in financial year 2025 is ≈ €1.0m. This figure is estimated from the gross margin of €442,228 and 2,281 comparable companies of the same size. It probably lies between €630,000 and €1.8m. It is a rough estimate.
- Is INDUSTRIAL CONSTRUCTIONS & SOLUTIONS profitable?
- In financial year 2025, INDUSTRIAL CONSTRUCTIONS & SOLUTIONS made a profit of €118,959.
- Where can I find the annual accounts of INDUSTRIAL CONSTRUCTIONS & SOLUTIONS?
- INDUSTRIAL CONSTRUCTIONS & SOLUTIONS filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of INDUSTRIAL CONSTRUCTIONS & SOLUTIONS due?
- INDUSTRIAL CONSTRUCTIONS & SOLUTIONS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.