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Icarus Motors

Active
Private limited companyfounded 2020active for 5 yearsH. Hartlaan 22, 3980 Tessenderlo-Ham, BelgiumKBO/BCE: BE 0759.721.915
Summary

Icarus Motors has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €286,036 and a net result of €62,604. Equity has been growing by about 26% per year since 2021. Its solvency ranks better than 38% of 12,757 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Official details

Source: KBO
Status
Active since 13-12-2020 Normal situation
Activity
Retail sale of cars and light vans (up to 3.5 tonnes) NACE 47811and 2 others
Joint committees
112 Paritair Comité voor het garagebedrijf
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit
2.310.632.149 3980 Tessenderlo-Ham, since 13-12-2020
Financial year end
31 December
Peppol
Reachable since 17-12-2025

Board and ownership

Board
  • Mellaers Christof FrançoisDirector · since 13-12-2020

Financial position

70 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Annual accounts 2025
Gross margin
€425,930
▲ 34.6%
Turnover
≈ €3.7m
estimated
Profit
€62,604
▲ 186%
Equity
€286,036
▲ 28.0%
Total assets
€1.1m
▼ 16.9%
Employees on 31-12-2025
6
▼ 14.3%
Filed on 03-07-2026, 28 days before the deadline
Score breakdownraises riskFounded in 2020Sector: Retail trade (NACE 47)lowers riskFigures for financial year 2025 (filed on 03-07-2026)Liquidity: current ratio 1.69, cash €166,994Show the evidence

Checked score

Score 2025
70 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 55% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Average
Solvency 51+9
equity 25.7% of total assets
Liquidity 41-3
short-term debt 54.6% · cash 15.0%
Profitability 76+16
return on assets 5.6%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025lowest value 04-2025: 0.4%▲ +0.1 percentage points vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.5%▲ +0.1 percentage points vs 05-2025 07-2025: 0.8%▲ +0.3 percentage points vs 06-2025 08-2025: 0.8%● unchanged vs 07-2025 09-2025: 0.8%● unchanged vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.9%▲ +0.1 percentage points vs 04-2026 06-2026: 1.0%▲ +0.1 percentage points vs 05-2026 07-2026: 1.2%▲ +0.2 percentage points vs 06-2026highest value 08-2026: 0.7%▼ -0.5 percentage points vs 07-2026 09-2026: 0.7%● unchanged vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026 11-2026: 0.7%● unchanged vs 10-2026
Credit of up to €20,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.69 (1.49 in 2024), above the usual 1.5. Short-term debt is 54.6% and cash 15% of total assets. However, 74.3% 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 41% of them on solvency, 39% on liquidity, 63% on profitability and 78% 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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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2020
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 03-07-2026)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.69, cash €166,994
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
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 03-07-2026, 28 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
28 days early
2024
49 days early
2023
35 days early
2022
118 days early
2021
16 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 49 days before 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 27 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: A director leftlatest change 19-03-2026 · 1 in office 1 left View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View
  • Positive: 5 profitable years in a rowprofit 2025: €62,604 5 years View
  • Positive: Equity rose in 2025from €223,432 to €286,036 ▲ 28.0% View

Recent changes

  1. · Gazette deed Resignation: Giovanni Notenbaert (director)
  2. · Gazette deed Incorporation
All 11 events

Comparable companies

These companies have the same main activity as Icarus Motors: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €709,000 and €1.3m, founded between 2019 and 2021.

CompanyTotal assetsGross margin
Icarus Motors Tessenderlo-Ham€1.1m€0.4m
Auto's Martens Lochristi Lochristi€1.0m€0.4m
FM FER ET METAUX Chapelle-lez-Herlaimont€1.3m€0.4m
Honda Mertens Brussel Zaventem€1.0m€0.7m
MCars Etalle€1.1m€0.3m
MAZUIN.A SAMBREVILLE Sambreville€1.1m€0.7m
Van Dongen en Gema Brecht€0.7m€0.6m
Full comparison

Key facts about Icarus Motors

What is the company number of Icarus Motors?
The company number of Icarus Motors is 0759.721.915. The VAT number is the same number with BE in front: BE 0759.721.915.
Where is Icarus Motors based?
The registered office is at H. Hartlaan 22, 3980 Tessenderlo-Ham.Company details
What does Icarus Motors do?
According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
What is the legal form of Icarus Motors?
The legal form of Icarus Motors is Private limited company (BV).
When was Icarus Motors founded?
Icarus Motors was founded on 13-12-2020.
Is Icarus Motors still active?
Yes, Icarus Motors is an active enterprise in the KBO register.
How many employees does Icarus Motors have?
Icarus Motors had an average of 5.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Icarus Motors fall under?
In its 2025 annual accounts, Icarus Motors states joint committees 112 (Paritair Comité voor het garagebedrijf) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of Icarus Motors?
The turnover in financial year 2025 is ≈ €3.7m. This figure is estimated from the gross margin of €425,930 and 35 comparable companies (NACE 47811). It probably lies between €1.9m and €5.4m.
Is Icarus Motors profitable?
In financial year 2025, Icarus Motors made a profit of €62,604.
Where can I find the annual accounts of Icarus Motors?
Icarus Motors filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Icarus Motors due?
Icarus Motors must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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