ICARIS
ActiveSummary
ICARIS has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €289k and a net result of €18k. Its solvency ranks better than 49% of 4602 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability73▼-27
Solvency73▼-24
Growth32
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity tight (current ratio 1.17 against 2.47 in 2023; short-term debt: 45.1% and cash: 19.4% of total assets), and 51.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-07-2025, 9 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
9 d early
2023
55 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€18k▼ 90.8%
2023 · €198k
2023: €198k
2023 → 2024
Working capital
€45k▼ 83.5%
2023 · €273k
2023: €273k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€471k-€289k▼ 38.6%
Operating result€258k-€19k▼ 92.6%
Net result€198k-€18k▼ 90.8%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 93% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €600k
Fixed assets
€285k ▲ 43.8%
Current assets
€315k ▼ 31.1%
Equity and liabilities €600k
Equity
€289k ▼ 38.6%
Debt
€311k ▲ 68.2%
Debt's share of the balance-sheet total rises from 28.2% to 51.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€35k▼
2023 · €266k
Cash flow
€34k▼
2023 · €206k
Current ratio
1.17▼
2023 · 2.47
Debt to equity
1.08▲
2023 · 0.39
ROE
6.3%▼
2023 · 42.1%
ROA
3.0%▼
2023 · 30.2%
Interest coverage
36.19▼
2023 · 339.62
Debt ≤ 1 year
€271k▲
2023 · €185k
Debt > 1 year
€41k
Income taxes
€4k▼
2023 · €62k
Staff costs
€102k▲
2023 · €64k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€656k€600k▼
Fixed assets21/28€198k€285k▲
Intangible fixed assets21€15k€10k▼
Tangible fixed assets22/27€3k€64k▲
Plant, machinery and equipment23-€2k
Furniture and vehicles24€3k€62k▲
Financial fixed assets28€180k€211k▲
Current assets29/58€458k€315k▼
Amounts receivable after more than one year29€190k€0▼
Other amounts receivable291€190k€0▼
Amounts receivable within one year40/41€218k€188k▼
Trade receivables40€104k€182k▲
Other amounts receivable41€113k€6k▼
Cash at bank and in hand54/58€46k€116k▲
Deferred charges and accrued income490/1€4k€11k▲
Equity and liabilities
Total equity and liabilities10/49€656k€600k▼
Equity10/15€471k€289k▼
Contributions10/11€1k€1k=
Profit (loss) carried forward14€470k€288k▼
Amounts payable17/49€185k€311k▲
Amounts payable after more than one year17-€41k
Financial debts170/4-€41k
Amounts payable within one year42/48€185k€271k▲
Current portion of amounts payable after more than one year42-€14k
Financial debts43€25k€0▼
Credit institutions430/8€25k€0▼
Trade debts44€26k€51k▲
Suppliers440/4€26k€51k▲
Taxes, remuneration and social security45€89k€50k▼
Taxes450/3€72k€32k▼
Remuneration and social security454/9€16k€18k▲
Other amounts payable47/48€45k€155k▲
Income statement
Code20232024
Remuneration, social security and pensions62€64k€102k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€16k▲
Other operating charges640/8€660€1k▲
Gross operating margin9900€330k€139k▼
Operating profit (loss)9901€258k€19k▼
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€783€965▲
Recurring financial charges65€783€965▲
Profit (loss) for the period before taxes9903€260k€22k▼
Income taxes67/77€62k€4k▼
Profit (loss) for the period9904€198k€18k▼
Profit (loss) for the period to be appropriated9905€198k€18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€470k€488k▲
Profit (loss) brought forward from the previous period14P€271k€470k▲
Profit to be distributed694/7-€200k
Return on contributions (dividend)694-€200k
Social balance
Average headcount (FTE)9087-3.0
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
24-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 55 days late
NBB filing
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Esneux · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Place Jean d'Ardenne 114130 EsneuxGround area
7,811 m²
Building footprint
2,365 m²
Volume, LiDAR
13,176 m³
2 parcels, Wallonia · tallest building 17.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ICARIS
since 20202.301.509.496
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62001B0336/00F000 | Wallonia | 7,397 m² | 1 · 2,222 m² | 7.8 m · 2 fl. |
| 62032C0071/00F000 ProtectedSite or landscape |
Wallonia | 414 m² | 1 · 144 m² | 17.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
GESA
BE 0890.479.301
Ranst · Eq €288,791
ACTIA
BE 0694.831.091
Sint-Laureins · Eq €288,797
QUIRYNEN-OVERSTEYNS
BE 0899.751.808
Merksplas · Eq €288,802
Wauters Intellectual Property
BE 0898.798.238
Boortmeerbeek · Eq €288,810
FINGERTIP
BE 0753.558.257
Montigny-le-Tilleul · Eq €288,676
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 38,353 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formLimited partnership
Founded16-03-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.