Skip to content

ICE-ELEC

Active
Private limited companyfounded 20179 yrs activeAvenue Montesquieu 4, 1300 Wavre, BelgiumKBO/BCE: BE 0681.380.161

ICE-ELEC has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8k and a net result of €7k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 27% of 27407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2025
86 / 100
Excellent▲ +84 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency41▲+38
Growth32=
Stability100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.09 against 0.36 in 2024), and 74% 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.
+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 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 · 8 filings
Deviation from the deadline
2025
21 d late
2024
25 d late
2023
23 d early
2022
23 d late
2021
30 d late
2020
31 d late
2019
48 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€8k▲ 793%
2024 · €889
2018: €14k 2019: €1k 2020: €394 2021: €6k 2022: €6k 2023: €18k 2024: €889
2018 → 2025
Total assets
€31k▲ 36.9%
2024 · €22k
2018: €28k 2019: €11k 2020: €16k 2021: €18k 2022: €9k 2023: €26k 2024: €22k
2018 → 2025
Net result
€7k
2024 · €-17k
2018: €14k 2019: €-13k 2020: €-851 2021: €5k 2022: €-109 2023: €12k 2024: €-17k
2018 → 2025
Working capital
€2k
2024 · €-14k
2018: €10k 2019: €-2k 2020: €-3k 2021: €883 2022: €3k 2023: €17k 2024: €-14k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€6k-€6k▼ 1.9%€18k▲ 217%€889▼ 95.1%€8k▲ 793%
Operating result€7k-€1k▼ 81.3%€13k▲ 861%€-17k€7k
Net result€5k-€-109€12k€-17k€7k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10kOperating result 2021: €7k€7kNet result 2021: €5k€5kOperating result 2022: €1k€1kNet result 2022: €-109€-109Operating result 2023: €13k€13kNet result 2023: €12k€12kOperating result 2024: €-17k€-17kNet result 2024: €-17k€-17kOperating result 2025: €7k€7kNet result 2025: €7k€7k20212022202320242025
The operating result returns to profit in 2025: €7k after a loss of €17k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €31k
Fixed assets €6k▼ 58.5%
Current assets €25k▲ 218%
Equity and liabilities €31k
Equity €8k▲ 793%
Debt €23k▲ 5.5%
The debt ratio falls from 96.0% to 74.0%: equity grows faster than debt.
Key figures and ratios
2025 value · change against 2024
EBITDA
€11k
2024 · €-12k
Cash flow
€11k
2024 · €-12k
Solvency
26.0%
2024 · 4.0%
Current ratio
1.09
2024 · 0.36
Quick ratio
1.09
2024 · 0.36
Debt / equity
2.84
ROE
88.8%
ROA
23.1%
2024 · -76.6%
Interest coverage
70.61
2024 · -104.60
Debt
€23k
2024 · €21k
Debt ≤ 1 year
€23k
2024 · €21k
Income taxes
€71
2024 · €52
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€22k€31k
Formation expenses20€248-
Fixed assets21/28€14k€6k
Tangible fixed assets22/27€14k€6k
Furniture and vehicles24€14k€6k
Current assets29/58€8k€25k
Amounts receivable within one year40/41€6k€360
Trade receivables40€2k€230
Other amounts receivable41€5k€130
Cash at bank and in hand54/58€1k€24k
Deferred charges and accrued income490/1-€597
Equity and liabilities
Total equity and liabilities10/49€22k€31k
Equity10/15€889€8k
Contributions10/11€14k€14k=
Profit (loss) carried forward14€-13k€-6k
Amounts payable17/49€21k€23k
Amounts payable within one year42/48€21k€23k
Trade debts44€492€5k
Suppliers440/4€492€5k
Advances received on contracts in progress46€2k-
Taxes, remuneration and social security45-€71
Taxes450/3-€71
Other amounts payable47/48€19k€18k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k
Other operating charges640/8€2k€3k
Gross operating margin9900€-10k€14k
Operating profit (loss)9901€-17k€7k
Financial income75/76B€172€408
Recurring financial income75€172€408
Financial charges65/66B€116€158
Recurring financial charges65€116€158
Profit (loss) for the period before taxes9903€-17k€7k
Income taxes67/77€52€71
Profit (loss) for the period9904€-17k€7k
Profit (loss) for the period to be appropriated9905€-17k€7k
Appropriation of the result
Profit (loss) to be appropriated9906€-13k€-6k
Profit (loss) brought forward from the previous period14P€4k€-13k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
21-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
31-12
Financial Back to profitnet €7k
Net result €7k after one loss-making year.
31-12
Financial Liquidity triplescurrent ratio 1.09
Current ratio from 0.36 to 1.09.
25-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial Weakest financial yearnet €-17k ▼239%
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
08-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €12k
Net result €12k after one loss-making year.
23-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial Back to profitnet €5k
Net result €5k after 2 loss-making years.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
17-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 48 days late
2019
26-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Wavre · 1 establishment unit since 2017
establishment The establishment unit on the map
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.

Avenue Montesquieu 41300 Wavre
Ground area
2,808 m²
Building footprint
125 m²
Volume, LiDAR
939 m³
Parcel 25772H0019/00G002, Wallonia · tallest building 9.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Avenue Montesquieu 4, 1300 Wavre
General electrical installation work
since 20172.269.821.081
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25772H0019/00G002 Wallonia 2,808 m² 1 · 125 m² 9.3 m · 3 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.

Similar companies · same sector, comparable size

Of 22,740 companies in sector 43211 we hold annual accounts for 10,275. 4,857 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded14-09-2017
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.