Equity
-€13,423
Debts exceed assets in financial year 2025.
ICARE ETC
Lifetime
9 annual accounts with figures on one time axispeak €55,495 (2019)
-€10,869▼ €4,425
lowest -€27,811 (2023)
-€15,613▼ €4,431
peak €62,407 (2020)
-€13,423▼ €15,613
€54,757▲ 27.9%
Board1 name since 2016
-
Documentsfilings and deeds
28-01-20263 days before the deadline
2025micro format
Gross margin from -€6,444 to -€10,869Loss of €15,613Equity from €2,190 to -€13,423Debts from €42,812 to €54,757Cash from €694 to €364
Key points
from the 2025 annual accountsLosses
-€75,829 in five years
Every financial year from 2021 to 2025 closed with a loss. 2023 was the heaviest.
Debts
€54,757 132% of the balance sheet
Suppliers 10%Taxes and wages 0%Other 89%
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,908 companies had the same profile as ICARE ETC has now. Each dot stands for 18 companies, two years later.
85.4%
were still trading
8.1%
stopped another way
5.8%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
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 6,908 companies, not a prediction for ICARE ETC. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0656684753
1 manager resigning, 1 director reappointed
Resignation: (manager) · Reappointment: (director) · Permanent representative: · General meeting of 07-12-2023 · Gazette deed
First establishment
., Crokaertlaan 104, Woluwe-Saint-Pierre
Incorporation
Founders: and · Founding capital of €18,600, 100 shares · Appointment: (manager) · published on 17-06-2016 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ICARE ETC Woluwe-Saint-Pierre | €41,334 | -€10,869 | -32.5% | - |
| VEGETALEMENT VOTRE Molenbeek-Saint-Jean | €31,191 | €1,222 | 56.2% | - |
| AZZAM Brussels | €26,423 | -€25,738 | -507.1% | - |
| Schoonheidssalon Nalu Ghent | €32,787 | -€14,669 | -50.3% | - |
| YAMANY Antwerp | €71,896 | -€1,029 | 3.2% | - |
| Superfit Institut Waterloo | €29,449 | -€522 | -28.8% | - |
| Royce Holding Oostkamp | €61,124 | -€22,108 | -85.5% | - |
These companies have the same main activity as ICARE ETC: retail sale of cosmetics and toilet articles (NACE 47750). They are comparable in size and age: total assets between €26,400 and €71,900, founded between 2009 and 2020.
Official details
Source: KBO- Status
- Active since 15-06-2016Normal situation
- Activity
- Retail sale of cosmetics and toilet articlesNACE 47750and 3 others
- Establishment unit
- 2.254.537.7421150 Woluwe-Saint-Pierre, since 03-07-2016
- Financial year end
- 30 June
- Peppol
- Reachable since 12-01-2026
Annual accounts to 30-06-2025
- €41,334▼ 8.2%
- Filing
- Filed on 28-01-2026, 3 days before the end of the filing period
Insights on ICARE ETC
ICARE ETC files the micro format. That format states no turnover. The gross margin fell from €23,089 in 2017 to -€10,869 in 2025.
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 ICARE ETC
- What is the company number of ICARE ETC?
- The company number of ICARE ETC is 0656.684.753. The VAT number is the same number with BE in front: BE 0656.684.753.
- Where is ICARE ETC based?
- The registered office is at Crokaertlaan 104, 1150 Woluwe-Saint-Pierre.Company details
- What does ICARE ETC do?
- According to the KBO register, the main activity is retail sale of cosmetics and toilet articles (NACE 47750).
- What is the legal form of ICARE ETC?
- ICARE ETC is a private limited company (BV).
- When was ICARE ETC founded?
- ICARE ETC was founded on 15-06-2016.
- Is ICARE ETC still active?
- Yes, ICARE ETC is an active enterprise in the KBO register.
- What is the turnover of ICARE ETC?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is ICARE ETC profitable?
- In financial year 2025, ICARE ETC made a loss of €15,613.
- Where can I find the annual accounts of ICARE ETC?
- ICARE ETC filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ICARE ETC due?
- ICARE ETC must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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