Skip to content

ICARUS GROUP

Active
Public limited companyfounded 2012active for 13 yearsRue des Alouettes 100, 4041 Herstal, BelgiumKBO/BCE: BE 0508.780.539
Summary

ICARUS GROUP has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11.3m and a net result of -€525,781. Equity is shrinking by about 3.4% per year across the filed financial years. Its solvency ranks better than 46% of 3,844 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow ReportCompare
ICARUS GROUPActiveChecked score 84/100
Risk analysis ReportCompare

History

ICARUS GROUP was incorporated on 28 December 2012, with a starting capital of €6.7m.12 Between 2013 and 2024 the capital was increased 5 times, most recently to €15.4m.345 The board currently has 10 members; 2 of them have served since 2012.6 Turnover fell from €1.8m in 2018 to €1.1m in 2025 and headcount from 9.6 to 5.8 full-time equivalents.7

  1. 1KBO register
  2. 2Belgian Official Gazette, 10-01-2013
  3. 3Belgian Official Gazette, 01-03-2013
  4. 4Belgian Official Gazette, 23-01-2019
  5. 5Belgian Official Gazette, 10-01-2024
  6. 6Belgian Official Gazette, 18-09-2019
  7. 7National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
27-08
Gazette deed Reappointment: BDO Réviseurs d'Entreprises (commissaire des comptes consolidés)
Permanent representatives: Christophe COLSON, Renaud SCHETTER and Alexis VAN LEDE4 facts ▸
  • Auditor reappointment, BDO Réviseurs d'Entreprises (commissaire des comptes consolidés)
  • Permanent representative, Christophe COLSON
  • Permanent representative, Renaud SCHETTER
  • Permanent representative, Alexis VAN LEDE
20-05
NBB filing Annual accounts filed
financial year 2025 · full format
2025
04-12
Gazette deed Reappointments: Léopold Thise, Yves Bessemans and 3 others
Permanent representatives: Alexis van Lede, Emmanuel Calay and Yves Honhon14 facts ▸
  • General meeting, 26-06-2025
  • Director reappointment, Léopold Thise (director)
  • Director reappointment, Yves Bessemans (director)
  • Director reappointment, WALLONIE ENTREPRENDRE (director)
  • Director reappointment, SPARAXIS (director)
  • Director reappointment, HY9 SRL (director)
  • Permanent representative, Alexis van Lede
  • Permanent representative, Emmanuel Calay
  • Permanent representative, Yves Honhon
  • Board composition, HY9 SRL (chair of the board)
  • Board composition, Léopold Thise (director)
  • Board composition, Yves Bessemans (director)
  • +2 further facts in this act
23-09
Gazette deed Appointment: HY9 SRL (independent director)
Power of attorney3 facts ▸
  • Power of attorney, Christelle QUERINJEAN
  • General meeting, “extraordinaire, unanimité” (deed in French)
  • Director appointment, HY9 SRL (independent director)
18-07
NBB filing Annual accounts filed
financial year 2023 · consolidated
16-07
NBB filing Annual accounts filed
financial year 2024 · full format
29-04
Gazette deed Appointment: Carina Sutera Sardo (independent director)
Resignation: Carina Sutera Sardo (chair)4 facts ▸
  • General meeting, 31-07-2024
  • Director appointment, Carina Sutera Sardo (independent director)
  • Board meeting, 24-10-2024
  • Director resignation, Carina Sutera Sardo (chair)
2024
31-07
NBB filing Annual accounts filed
financial year 2023 · full format
03-06
Gazette deed Resignation: Ovea (director)
Registered office clause3 facts ▸
  • Director resignation, Ovea (director)
  • Registered office clause, “région wallonne, RUE DE ALOUETTES 100 B-4041 HERSTAL” (deed in French)
  • Board meeting, 14/03/24
10-01
Gazette deed Permanent representatives: PHILIPPET JeanMarc, CALAY Emmanuel and Alexis VAN LEDE
Amendment of the articles · Capital · Capital increase20 facts ▸
  • General meeting, 20-12-2023
  • Amendment of the articles (2 times)
  • Capital, €15,400,000
  • Capital, €6,700,000
  • Other provision, 06-02-2013
  • Capital increase, €3,300,000
  • Capital increase, €1,000,000
  • Capital increase, €1,800,000
  • Capital increase, €2,600,000
  • Board composition, OVEA (director)
  • Board composition, THISE Léopold Marie (director)
  • Board composition, BESSEMANS Yves Emile (director)
  • +8 further facts in this act
2023
31-12
Financial Liquidity more than doubledcurrent ratio 1.75
Current ratio from 0.71 to 1.75; short-term debt falls from €666,472 to €411,434.
24-11
NBB filing Annual accounts filed
financial year 2022 · consolidated
Show earlier events
25-07
NBB filing Annual accounts filed
financial year 2022 · full format
2022
08-11
Gazette deed Reappointment: BDO Réviseurs d'Entreprises (statutory auditor)
Permanent representative: Christophe COLSON · Resignation: Sarah Krins (director) · Appointment: Alexis Van Lede (director)6 facts ▸
  • Auditor reappointment, BDO Réviseurs d'Entreprises (statutory auditor)
  • Permanent representative, Christophe COLSON
  • Auditor reappointment, BDO Réviseurs d'Entreprises (commissaire des comptes consolidés)
  • Director resignation, Sarah Krins (director)
  • Director appointment, Alexis Van Lede (director)
  • Related party board seat, “Administrateur” (deed in French)
14-10
NBB filing Annual accounts filed
financial year 2021 · consolidated
20-07
NBB filing Annual accounts filed
financial year 2021 · full format
2021
28-12
NBB filing Annual accounts filed
financial year 2020 · consolidated
23-04
NBB filing Annual accounts filed
financial year 2020 · full format
16-02
Gazette deed Reappointment: Léopold Thise (managing director)
Permanent representative: Stéphanie MONTENAIR3 facts ▸
  • Board meeting, 02-12-2020
  • Director reappointment, Léopold Thise (managing director)
  • Permanent representative, Stéphanie MONTENAIR
2020
31-12
Financial Back to profitnet €21,275
Net result €21,275 after 2 loss-making years.
27-10
Gazette deed Appointment: OVEA SRL (independent director)
2 facts ▸
  • General meeting, 07-10-2020
  • Director appointment, OVEA SRL (independent director)
2019
11-12
Gazette deed Reappointment: BDO Réviseurs d'Entreprises (statutory auditor)
Permanent representative: Christophe COLSON · Mandate compensation5 facts ▸
  • General meeting, 03-09-2019
  • Auditor reappointment, BDO Réviseurs d'Entreprises (statutory auditor)
  • Permanent representative, Christophe COLSON (2 times)
  • Mandate compensation, BDO Réviseurs d'Entreprises (2 times)
  • Auditor reappointment, BDO Réviseurs d'Entreprises (commissaire des comptes consolidés)
18-09
Gazette deed Reappointments: Leopold THISSE, Yves BESSEMANS and 2 others
Permanent representatives: Joanne FUGER and Sarah KRINS7 facts ▸
  • General meeting, 26-06-2019
  • Director reappointment, Leopold THISSE (director)
  • Director reappointment, Yves BESSEMANS (director)
  • Director reappointment, SPARAXIS (director)
  • Director reappointment, SOGEPA (director)
  • Permanent representative, Joanne FUGER
  • Permanent representative, Sarah KRINS
23-01
Gazette deed Capital & shares · Amendment of the articles
Capital increase · Share issue · Bank account9 facts ▸
  • General meeting, 03-12-2018
  • Capital increase, €2,600,000
  • Share issue, “catégorie A”, 28 (deed in French)
  • Share issue, “catégorie A”, 168 (deed in French)
  • Share issue, “catégorie A”, 11 (deed in French)
  • Share issue, “catégorie A”, 84 (deed in French)
  • Bank account, “BE41 0018 5015 9610” (deed in French)
  • Capital, €15,400,000
  • Amendment of the articles
2018
28-03
Gazette deed Capital & shares · Amendment of the articles
Capital increase · Share issue · Bank account7 facts ▸
  • General meeting, 19-03-2018
  • Capital increase, €1,800,000
  • Share issue, 200, 9.000,00€
  • Bank account, “BE09 0018 3146 2757” (deed in French)
  • Capital, €12,800,000
  • Amendment of the articles
  • Power of attorney, ICARUS GROUP
19-01
Gazette deed Capital & shares
Capital increase · Capital · Amendment of the articles4 facts ▸
  • General meeting, 21-12-2017
  • Capital increase, €1,000,000
  • Capital, €11,000,000
  • Amendment of the articles
2016
14-11
Gazette deed Reappointment: BDO Réviseurs d'Entreprises Soc.Civ. SCRL (statutory auditor)
Permanent representative: Christophe COLSON2 facts ▸
  • Auditor reappointment, BDO Réviseurs d'Entreprises Soc.Civ. SCRL (2 times)
  • Permanent representative, Christophe COLSON (2 times)
14-11
Gazette deed Appointment: SA SOCIETE WALLONNE DE GESTION ET DE PARTICIPATIONS (director)
Permanent representative: Sarah Krins3 facts ▸
  • General meeting
  • Director appointment, SA SOCIETE WALLONNE DE GESTION ET DE PARTICIPATIONS (director)
  • Permanent representative, Sarah Krins
2014
28-07
Gazette deed Miscellaneous
General meeting1 fact ▸
  • General meeting, 13-06-2014
13-02
Gazette deed Resignation: Jean-Pierre Brouzes (director)
Appointment: BDO Réviseurs d'Entreprises (statutory auditor) · Permanent representative: Christophe COLSON4 facts ▸
  • General meeting, 17-12-2013
  • Director resignation, Jean-Pierre Brouzes (director)
  • Auditor appointment, BDO Réviseurs d'Entreprises (statutory auditor)
  • Permanent representative, Christophe COLSON
2013
01-03
Gazette deed Appointment: SPARAXIS (director)
Permanent representative: FUGER Joanne Emma · Capital · Amendment of the articles10 facts ▸
  • General meeting, 06-02-2013
  • Capital, €6,700,000
  • Amendment of the articles (2 times)
  • Capital increase, €3,300,000
  • Bank account, “363-1160872-16 (ING)” (deed in French)
  • Director appointment, SPARAXIS (director)
  • Permanent representative, FUGER Joanne Emma
  • Mandate compensation, SPARAXIS
  • Power of attorney, ICARUS GROUP
  • Preemptive rights renunciation, “Renonciation irrévocable et totale au droit de préférence (art. 592 Code des sociétés) au profit exclusif de FIN.MB et associés, SRIW, et Jean-Pierre BROUZES” (deed in French)
10-01
Gazette deed Incorporation
Appointments: Léopold THISE, BROUZES Jean Pierre and 2 others · Permanent representative: Pierre ALCOVER · Founding capital13 facts ▸
  • Incorporation, 27-12-2012
  • Founding capital, €6,700,000
  • Share issue, “9032 actions de la société anonyme ICARUS”, 5000 (deed in French)
  • Share issue, 1500, 1500000
  • Share issue, 200, 200000
  • Bank account, “BE 32 0016 8747 0402” (deed in French)
  • Director appointment, Léopold THISE (director)
  • Director appointment, BROUZES Jean Pierre (director)
  • Director appointment, BESSEMANS Yves Emile Armand (director)
  • Director appointment, Léopold THISE (chair)
  • Director appointment, Léopold THISE (managing director)
  • Auditor appointment, Moore Stephens RSP (commissaire reviseur)
  • +1 further fact in this act
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 24 annual accounts filed, the latest 10 are here; all 24 are under Financials.
20 of 20 deeds read

We would like to set cookies. That happens only with your consent. What we measure