Financials
- Financial year
- 2025
- Total assets
- €1.9m
- Profit
- €156,678
- Solvency
- 28.4%
Total assets▼ 32.2%
Net result
20192025
ICETECH
ActiveSummary
ICETECH has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €532,876 and a net result of €156,678. Equity is shrinking by about 7.6% per year across the filed financial years. Its solvency ranks better than 31% of 9,806 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222
1 site
Size
€1.9mtotal assets 2025
- Equity
- €532,876
- Profit
- €156,678
Turnover not published (abbreviated or micro format)
Why 91raises riskSector: Specialised construction activities (NACE 43)lowers riskSize: total assets €1.9mFigures for financial year 2025 (filed 15-04-2026)Founded in 2010Show the evidence
Checked score
Score 2025
91
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 44% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Average
Solvency
53+14
equity 28.4% of total assets
Liquidity
39+20
short-term debt 44.0% · cash 8.1%
Profitability
71+53
return on assets 8.4%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.3%
12-2024: 0.3%● unchanged vs 11-2024
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.4%▲ +0.1 percentage points vs 02-2025
04-2025: 0.5%▲ +0.1 percentage points vs 03-2025
05-2025: 0.8%▲ +0.3 percentage points vs 04-2025highest value
06-2025: 0.2%▼ -0.6 percentage points vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.3%▲ +0.1 percentage points vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.4%▲ +0.1 percentage points vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.6%▲ +0.2 percentage points vs 03-2026
05-2026: 0.1%▼ -0.5 percentage points vs 04-2026lowest value
06-2026: 0.1%● unchanged vs 05-2026lowest value
07-2026: 0.1%● unchanged vs 06-2026lowest value
08-2026: 0.1%● unchanged vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.17, compared with 1.03 in 2024, below the usual 1.5; short-term debt: 44% and cash: 8.1% of total assets), and 71.6% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 30% on solvency, 28% on liquidity, 40% on profitability and 80% on growth.
The bankruptcy probability was computed on 25-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €532,876
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 15-04-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 days early
2024
20 days late
2023
90 days early
2022
34 days early
2021
6 days late
2020
on the day
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 16 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 15 April (4 of the last 5 filed years within 35 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end26-10-2026 today30-04-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Back to profitnet €156,678
- Equity above €500,000equity €532,876 ▲41.6%
Key points
By topic
Board & ownership
- Board
- 1 member
- Kumpen LudwigDirector
Timeline
- Events
- 19
- Since
- 2012
- Next accounts
- by 30-04-2027
- 20-05-2025Annual accounts filed
- 31-03-2025Appointment: Kumpen Ludwig (director)
- 11-02-2025Resignation: Verslegers Jaak (director)
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Installation of electric heating, air conditioning, cooling and…NACE 43222
- Founded
- 06-04-2010
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
Key facts about ICETECH
- What is the company number of ICETECH?
- 0824.675.489. In Belgium the VAT number is the company number with BE in front: BE 0824.675.489.
- Where is ICETECH based?
- The registered office is at Lochtemanweg 96, 3550 Heusden-Zolder.Company details
- What does ICETECH do?
- According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
- What is the legal form of ICETECH?
- Private limited company (BV).
- When was ICETECH founded?
- On 06-04-2010.
- Is ICETECH still active?
- Yes, ICETECH is an active enterprise in the KBO register.
- What is the turnover of ICETECH?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is ICETECH profitable?
- In financial year 2025, ICETECH made a profit of €156,678.
- Where can I find the annual accounts of ICETECH?
- ICETECH filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ICETECH due?
- By 30-04-2027, for financial year 2026.Timeline
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