ICASA Group
ActiveICASA Group has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €224k and a net result of €2k. Equity is growing by ~14.1% per year across the filed fiscal years. Its solvency ranks better than 19% of 2831 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability51▲+9
Solvency33=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity short (current ratio 0.65 against 0.64 in 2023; short-term debt: 86.2% and cash: 0.2% of total assets), and 91.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 2831 sector peers (2024).
NBB · sector comparisonPosition among 2831 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
30 d late
2023
61 d late
2022
56 d late
2021
57 d late
2020
32 d late
2019
21 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€224k▲ 0.7%
2023 · €223k
2018: €107k
2019: €124k
2020: €140k
2021: €142k
2022: €213k
2023: €223k
2018 → 2024
Total assets
€2.74M▼ 3.3%
2023 · €2.84M
2018: €1.61M
2019: €1.62M
2020: €1.44M
2021: €2.27M
2022: €1.71M
2023: €2.84M
2018 → 2024
Net result
€2k▼ 83.4%
2023 · €10k
2018: €55k
2019: €17k
2020: €16k
2021: €2k
2022: €71k
2023: €10k
2018 → 2024
Working capital
€-821k▲ 7.2%
2023 · €-885k
2018: €-674k
2019: €-732k
2020: €-735k
2021: €-686k
2022: €-833k
2023: €-885k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€140k-€142k▲ 1.5%€213k▲ 50.2%€223k▲ 4.5%€224k▲ 0.7%
Operating result€50k-€39k▼ 22.6%€102k▲ 161%€67k▼ 33.8%€49k▼ 26.6%
Net result€16k-€2k▼ 86.4%€71k▲ 3,208%€10k▼ 86.7%€2k▼ 83.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 27% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.74M
Fixed assets
€1.20M▼ 3.0%
Current assets
€1.54M▼ 3.6%
Equity and liabilities €2.74M
Equity
€224k▲ 0.7%
Debt
€2.52M▼ 3.7%
The debt ratio falls from 92.2% to 91.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€184k▲
2023 · €168k
Cash flow
€136k▲
2023 · €110k
Solvency
8.2%▲
2023 · 7.8%
Current ratio
0.65▲
2023 · 0.64
Quick ratio
0.65▲
2023 · 0.64
Debt / equity
11.23▼
2023 · 11.74
ROE
0.7%▼
2023 · 4.3%
ROA
0.1%▼
2023 · 0.3%
Interest coverage
3.86▲
2023 · 2.68
Debt
€2.52M▼
2023 · €2.62M
Debt ≤ 1 year
€2.37M▼
2023 · €2.49M
Debt > 1 year
€151k▲
2023 · €125k
Income taxes
€184▲
2023 · €-5k
Staff costs
€126k▼
2023 · €129k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.84M€2.74M▼
Fixed assets21/28€1.24M€1.20M▼
Intangible fixed assets21€32k€26k▼
Tangible fixed assets22/27€1.07M€1.04M▼
Land and buildings22€358k€396k▲
Plant, machinery and equipment23€23k€12k▼
Furniture and vehicles24€192k€160k▼
Leasing and similar rights25€498k€473k▼
Financial fixed assets28€133k€133k=
Current assets29/58€1.60M€1.54M▼
Amounts receivable within one year40/41€1.60M€1.54M▼
Trade receivables40€723k€660k▼
Other amounts receivable41€879k€879k▲
Cash at bank and in hand54/58€1k€5k▲
Equity and liabilities
Total equity and liabilities10/49€2.84M€2.74M▼
Equity10/15€223k€224k▲
Contributions10/11€340k€340k=
Capital10€340k€340k=
Issued capital100€340k€340k=
Reserves13€623k€623k=
Non-distributable reserves130/1€34k€34k=
Legal reserve130€34k€34k=
Distributable reserves133€589k€589k=
Profit (loss) carried forward14€-740k€-739k▲
Amounts payable17/49€2.62M€2.52M▼
Amounts payable after more than one year17€125k€151k▲
Financial debts170/4€125k€151k▲
Amounts payable within one year42/48€2.49M€2.37M▼
Current portion of amounts payable after more than one year42€39k€39k▼
Financial debts43€600k€600k=
Credit institutions430/8€500k€500k=
Other loans439€100k€100k=
Trade debts44€252k€286k▲
Suppliers440/4€252k€286k▲
Taxes, remuneration and social security45€20k€18k▼
Taxes450/3€300€300=
Remuneration and social security454/9€20k€18k▼
Other amounts payable47/48€1.58M€1.42M▼
Accrued charges and deferred income492/3€2k€2k=
Income statement
Code20232024
Remuneration, social security and pensions62€129k€126k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€101k€135k▲
Other operating charges640/8€12k€18k▲
Gross operating margin9900€309k€328k▲
Operating profit (loss)9901€67k€49k▼
Financial income75/76B€136-
Recurring financial income75€136-
Financial charges65/66B€63k€48k▼
Recurring financial charges65€63k€48k▼
Profit (loss) for the period before taxes9903€5k€2k▼
Income taxes67/77€-5k€184▲
Profit (loss) for the period9904€10k€2k▼
Profit (loss) for the period to be appropriated9905€10k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-740k€-739k▲
Profit (loss) brought forward from the previous period14P€-750k€-740k▲
Social balance
Average headcount (FTE)90871.81.7▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 30 days late
2024
31-12
Financial
Weakest financial yearnet €2k ▼83.4%
Net result drops to €2k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
25-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 56 days late
2022
31-12
Financial
Highest result since 2018net €71k ▲3208%
Operating result €102k, net result €71k, both a record.
31-12
Financial
Equity above €200kEq €213k ▲50.2%
5 profitable years in a row build equity to €213k.
26-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 57 days late
2021
01-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 32 days late
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 21 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
24-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Diepenbeek · 1 establishment unit since 1997
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.
Wetenschapspark 233590 DiepenbeekGround area
4,032 m²
Building footprint
436 m²
Volume, LiDAR
2,953 m³
Parcel 71011A0181/00B002, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ICASA Group NV
since 19972.084.715.882
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71011A0181/00B002 | Flanders | 4,032 m² | 1 · 436 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 16,869 companies in sector 62100 we hold annual accounts for 8,779. 6,479 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded26-12-1997
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
72220
58210Publishing activities
64200Holdings
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
82100Office administrative and support services
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.