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IC-Vision

Active
Private limited companyfounded 2022active for 3 yearsDelaeystraat 49, 8830 Hooglede, BelgiumKBO/BCE: BE 0795.344.471
Summary

The computed 12-month bankruptcy probability of IC-Vision is 2.2% (moderate). The annual accounts of IC-Vision for financial year 2025 show a net loss of 62% of the equity at the start of that year. The 2025 annual accounts show equity of €19,154 and a net result of -€31,454. Equity has been shrinking by about 28% per year since 2023. If that trend continues, it turns negative around financial year 2027. Its solvency ranks better than 27% of 12,775 sector peers (NACE 47, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 23-12-2022 Normal situation
Activity
Other non-specialised retail sale NACE 47120and 3 others
Joint committee
201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 2025
Establishment unit
2.339.887.448 8200 Brugge, since 23-12-2022
Financial year end
31 December
Peppol
Reachable since 18-12-2025

Board and ownership

Board
  • Caerels IvannyDirector · since 23-12-2022

Financial position

52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.2%
Annual accounts 2025
Gross margin
€140,976
▼ 15.4%
Turnover
≈ €1.1m
estimated
Loss
€31,454
Equity
€19,154
▼ 62.2%
Total assets
€115,688
▲ 28.1%
Employees on 31-12-2025
2
▼ 33.3%
  • 2025 accounts filed 31 days after the deadline
Score breakdownraises riskLast filed accounts filed 31 days late; 1 of the last 3 accounts lateEquity €19,154 (16.6% of total assets)Founded in 2022lowers riskLiquidity: current ratio 1.02, cash €47,266Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 27% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency 42-39
equity 16.6% of total assets
Liquidity 54+9
short-term debt 83.4% · cash 40.9%
Profitability 0-78
return on assets -27.2%
Bankruptcy probability within 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 1.0%lowest value 01-2025: 1.1%▲ +0.1 percentage points vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.1%● unchanged vs 02-2025 04-2025: 1.1%● unchanged vs 03-2025 05-2025: 1.1%● unchanged vs 04-2025 06-2025: 1.1%● unchanged vs 05-2025 07-2025: 1.2%▲ +0.1 percentage points vs 06-2025 08-2025: 2.0%▲ +0.8 percentage points vs 07-2025 09-2025: 1.8%▼ -0.2 percentage points vs 08-2025 10-2025: 1.8%● unchanged vs 09-2025 11-2025: 1.8%● unchanged vs 10-2025 12-2025: 1.8%● unchanged vs 11-2025 01-2026: 1.8%● unchanged vs 12-2025 02-2026: 1.8%● unchanged vs 01-2026 03-2026: 1.8%● unchanged vs 02-2026 04-2026: 1.9%▲ +0.1 percentage points vs 03-2026 05-2026: 1.9%● unchanged vs 04-2026 06-2026: 1.9%● unchanged vs 05-2026 07-2026: 2.0%▲ +0.1 percentage points vs 06-2026 08-2026: 2.8%▲ +0.8 percentage points vs 07-2026highest value 09-2026: 2.2%▼ -0.6 percentage points vs 08-2026 10-2026: 2.2%● unchanged vs 09-2026 11-2026: 2.2%● unchanged vs 10-2026
Credit of up to €500 on 30-day terms, only on tighter conditions
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 1.02 (1.55 in 2024), below the usual 1.5. Short-term debt is 83.4% and cash 40.9% of total assets. 83.4% of the assets are financed with debt and provisions.
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 47, micro). It does better than 33% of them on solvency, 60% on liquidity, 6% on profitability and 9% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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

Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 1.02, cash €47,266
NBB · annual accounts
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Equity €19,154 (16.6% of total assets)
NBB · annual accounts
raises risk · Founded in 2022
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filings
Deviation from the deadline
2025
31 days late
2024
29 days late
2023
30 days late
← 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 30 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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 31 August (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Key points

  • Caution: Lower net result than 88% of companies in retail tradesector median €27,601 · 12,764 companies -€31,454 View

Recent changes

  1. · Gazette deed IncorporationStarting capital €5,000
All 5 events

Comparable companies

These companies have the same main activity as IC-Vision: other non-specialised retail sale (NACE 47120). They are comparable in size and age: total assets between €57,900 and €327,000, founded between 2019 and 2023.

CompanyTotal assetsGross margin
IC-Vision Hooglede€115,688€140,976
INKER Nazareth€196,507€158,290
La Boutique de Justine Chaumont-Gistoux€57,880€82,881
EPICOEUR Les Bons Villers€118,663€83,652
Relaxy.be Grobbendonk€327,359€79,125
Cookstore Deinze€309,399€188,642
Cloud 9 Kulture Oostende€213,315€141,033
Full comparison

Key facts about IC-Vision

What is the company number of IC-Vision?
The company number of IC-Vision is 0795.344.471. The VAT number is the same number with BE in front: BE 0795.344.471.
Where is IC-Vision based?
The registered office is at Delaeystraat 49, 8830 Hooglede.Company details
What does IC-Vision do?
According to the KBO register, the main activity is other non-specialised retail sale (NACE 47120).
What is the legal form of IC-Vision?
The legal form of IC-Vision is Private limited company (BV).
When was IC-Vision founded?
IC-Vision was founded on 23-12-2022.
Is IC-Vision still active?
Yes, IC-Vision is an active enterprise in the KBO register.
How many employees does IC-Vision have?
IC-Vision had an average of 3.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does IC-Vision fall under?
In its 2025 annual accounts, IC-Vision states joint committee 201 (Paritair Comité voor de zelfstandige kleinhandel).
What is the turnover of IC-Vision?
The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €140,976 and 37 comparable companies (NACE 471). It probably lies between €850,000 and €1.6m.
Is IC-Vision profitable?
In financial year 2025, IC-Vision made a loss of €31,454.
Where can I find the annual accounts of IC-Vision?
IC-Vision filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of IC-Vision due?
IC-Vision must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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