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ICED

Active
Private limited company (pre-2019)founded 201511 yrs activeHulsbeekstraat 26, 3450 Geetbets, BelgiumKBO/BCE: BE 0604.976.726

ICED has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €100k and a net result of €40k. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 33% of 20786 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
77 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability91▲+3
Solvency69▼-15
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 1.54 against 1.97 in 2023; short-term debt: 56.1% and cash: 22.4% of total assets), but 56.1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers riskneutral
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 11 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
not confirmed
2024
3 d early
2023
57 d late
2022
107 d late
2021
18 d late
2020
9 d early
2019
66 d late
← before the deadline after the 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 2024, micro schema

Equity
€100k▼ 9.1%
2023 · €110k
2018: €78k 2019: €83k 2020: €80k 2021: €81k 2022: €81k 2023: €110k
2018 → 2024
Total assets
€227k▲ 21.9%
2023 · €186k
2018: €151k 2019: €151k 2020: €99k 2021: €107k 2022: €111k 2023: €186k
2018 → 2024
Net result
€40k▲ 40.5%
2023 · €29k
2018: €4k 2019: €5k 2020: €-3k 2021: €717 2022: €339 2023: €29k
2018 → 2024
Working capital
€69k▼ 7.7%
2023 · €74k
2018: €45k 2019: €56k 2020: €56k 2021: €62k 2022: €64k 2023: €74k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€80k-€81k▲ 0.9%€81k▲ 0.4%€110k▲ 35.1%€100k▼ 9.1%
Operating result€2k-€8k▲ 292%€6k▼ 19.0%€43k▲ 560%€61k▲ 43.9%
Net result€-3k-€717€339▼ 52.8%€29k▲ 8,315%€40k▲ 40.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40k€60kOperating result 2020: €2k€2kNet result 2020: €-3k€-3kOperating result 2021: €8k€8kNet result 2021: €717€717Operating result 2022: €6k€6kNet result 2022: €339€339Operating result 2023: €43k€43kNet result 2023: €29k€29kOperating result 2024: €61k€61kNet result 2024: €40k€40k20202021202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 44% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €227k
Fixed assets €31k▼ 12.0%
Current assets €196k▲ 29.7%
Equity and liabilities €227k
Equity €100k▼ 9.1%
Debt €127k▲ 66.1%
The debt ratio rises from 41.1% to 56.1%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€70k
2023 · €49k
Cash flow
€48k
2023 · €35k
Solvency
43.9%
2023 · 58.9%
Current ratio
1.54
2023 · 1.97
Quick ratio
0.96
2023 · 1.45
Debt / equity
1.28
2023 · 0.70
ROE
40.2%
2023 · 26.0%
ROA
17.6%
2023 · 15.3%
Interest coverage
15.12
2023 · 20.81
Debt
€127k
2023 · €77k
Debt ≤ 1 year
€127k
2023 · €77k
Income taxes
€18k
2023 · €13k
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€186k€227k
Fixed assets21/28€35k€31k
Tangible fixed assets22/27€35k€29k
Plant, machinery and equipment23€926€726
Furniture and vehicles24€34k€28k
Financial fixed assets28-€2k
Current assets29/58€151k€196k
Stocks and contracts in progress3€40k€73k
Stocks30/36€40k€73k
Amounts receivable within one year40/41€76k€71k
Trade receivables40€55k€47k
Other amounts receivable41€21k€23k
Cash at bank and in hand54/58€34k€51k
Deferred charges and accrued income490/1€942€1k
Equity and liabilities
Total equity and liabilities10/49€186k€227k
Equity10/15€110k€100k
Contributions10/11€6k€6k=
Reserves13€95k€85k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€93k€83k
Profit (loss) carried forward14€8k€8k
Amounts payable17/49€77k€127k
Amounts payable within one year42/48€77k€127k
Trade debts44€34k€4k
Suppliers440/4€34k€4k
Taxes, remuneration and social security45€43k€74k
Taxes450/3€43k€74k
Other amounts payable47/48-€50k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€8k
Other operating charges640/8€5k€8k
Non-recurring operating charges66A€3k-
Gross operating margin9900€57k€78k
Operating profit (loss)9901€43k€61k
Financial income75/76B€942€1k
Recurring financial income75€942€1k
Financial charges65/66B€2k€5k
Recurring financial charges65€2k€5k
Profit (loss) for the period before taxes9903€41k€58k
Income taxes67/77€13k€18k
Profit (loss) for the period9904€29k€40k
Profit (loss) for the period to be appropriated9905€29k€40k
Appropriation of the result
Profit (loss) to be appropriated9906€37k€48k
Profit (loss) brought forward from the previous period14P€8k€8k
Transfer from equity791/2-€50k
Transfer to equity691/2€28k€40k
To other reserves6921€28k€40k
Profit to be distributed694/7-€50k
Return on contributions (dividend)694-€50k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
28-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €40k ▲40.5%
Operating result €61k, net result €40k, both a record.
26-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
2023
31-12
Financial Equity above €100kEq €110k ▲35.1%
3 profitable years in a row build equity to €110k.
15-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 107 days late
2022
18-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
31-12
Financial Back to profitnet €717
Net result €717 after one loss-making year.
22-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Weakest financial yearnet €-3k ▼158%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity doublescurrent ratio 3.92
Current ratio from 1.82 to 3.92; short-term debt falls from €68k to €19k.
05-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 66 days late
2019
30-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
17-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 48 days late
2017
28-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, Geetbets · 1 establishment unit since 2015
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.

Hulsbeekstraat 263450 Geetbets
Ground area
1,058 m²
Building footprint
229 m²
Volume, LiDAR
1,330 m³
Parcel 24028A0201/00E000, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Il Giardino della Goia
Hulsbeekstraat 26, 3450 GeetbetsComputer programming, consultancy and related activities
since 20152.242.494.696
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24028A0201/00E000 Flanders 1,058 m² 1 · 229 m² 7.0 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.

Similar companies · same sector, comparable size

Of 16,874 companies in sector 62100 we hold annual accounts for 8,779. 6,966 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded17-03-2015
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
62020IT consultancy
62200Computer consultancy and computer facilities management
74300Other professional, scientific and technical activities
74301Translation services
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 9 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.