Equity
€182,875 ▲ 83.4%
Equity rose in 2025 from €99,717 to €182,875.
ICED
Lifetime
10 annual accounts with figures on one time axispeak €136,014 (2025)
€136,014▲ 74.1%
lowest -€2,967 (2020)
€83,158▲ 108%
peak €182,875 (2025)
€182,875▲ 83.4%
€57,786▼ 54.6%
Board1 name since 2021
1 directorBORRE TOON
Documentsfilings and deeds
14-10-202675 days late
2025micro format
Gross margin from €78,136 to €136,014Result from €40,052 to €83,158Equity from €99,717 to €182,875Debts from €127,355 to €57,786
Key points
from the 2025 annual accountsChecked score
93
Excellent
Financially stronger than 75% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.1%▼ -0.1 percentage points vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.2%▲ +0.1 percentage points vs 06-2025
08-2025: 0.1%▼ -0.1 percentage points vs 07-2025lowest value
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.2%▲ +0.1 percentage points vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026highest value
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 75 days late; 2 of the last 3 accounts late
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Liquidity: current ratio 3.71, cash €42,282
Equity €182,875 (76.0% of total assets)
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 62, micro). It does better than 85% of them on solvency, 46% on liquidity, 82% on profitability and 87% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as ICED has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of ICED itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for ICED. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €17,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.71 (1.54 in 2024), above the usual 1.5. Short-term debt is 24% and cash 17.6% of total assets. 24% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 75 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-10-2026, 75 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
75 days late
2024
3 days early
2023
57 days late
2022
107 days late
2021
18 days late
2020
9 days early
2019
66 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 44 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% 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 September (4 of the last 5 accounts filed within 49 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0604976726
Incorporation
published on 19-03-2015 · Gazette deed
First establishment
Il Giardino della Goia, Hulsbeekstraat 26, Geetbets
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ICED Geetbets | €240,661 | €136,014 | 76.0% | - |
| WHIZU Pajottegem | €224,031 | €115,627 | 45.9% | - |
| GVM Consultancy Aalst | €241,029 | €123,721 | 8.5% | - |
| ICE-Q Hove | €221,387 | €123,731 | 9.2% | - |
| ARDACO Antwerp | €252,576 | €118,658 | 91.6% | - |
| ENOV Anderlecht | €262,849 | €118,163 | 52.1% | - |
| Nebulosoft Lokeren | €247,446 | €112,009 | 30.6% | - |
These companies have the same main activity as ICED: computer programming (NACE 62100). They are comparable in size and age: total assets between €221,000 and €263,000, founded between 2014 and 2016.
Official details
Source: KBO- Status
- Active since 17-03-2015Normal situation
- Activity
- Computer programmingNACE 62100and 3 others
- Establishment unit
- 2.242.494.6963450 Geetbets, since 17-03-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 12-12-2025
Insights on ICED
ICED files the micro format. That format states no turnover. The gross margin rose from €118,908 in 2016 to €136,014 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ICED
- What is the company number of ICED?
- The company number of ICED is 0604.976.726. The VAT number is the same number with BE in front: BE 0604.976.726.
- Where is ICED based?
- The registered office is at Hulsbeekstraat 26, 3450 Geetbets.Company details
- What does ICED do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of ICED?
- ICED is a private limited company (pre-2019) (BVBA).
- When was ICED founded?
- ICED was founded on 17-03-2015.
- Is ICED still active?
- Yes, ICED is an active enterprise in the KBO register.
- What is the turnover of ICED?
- The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €136,014 and 32 comparable companies (NACE 62100). It probably lies between €170,000 and €280,000.Financials
- Is ICED profitable?
- In financial year 2025, ICED made a profit of €83,158.
- Where can I find the annual accounts of ICED?
- ICED filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ICED due?
- ICED must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.