ICEY

Open bankruptcy

Private limited companyfounded 2019KBO/BCE: BE 0730.866.294

A bankruptcy procedure is open for ICEY according to publications in the Belgian State Gazette. The 2021 annual accounts show negative equity (€-119k) and a net result of €-136k.

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Checked score

Score 2021

0 / 100

Critical

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2020

Profitability50▼-50

Solvency36▼-10

Growth32

Stability0

Credit verdict

No credit on open account

Liquidity short (current ratio 0.64 against 1.2 in 2020), and equity is negative.

How do we compute this score?

Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.

KBO · legal situation

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Belgian State Gazette

Filed after the deadline

The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 06-10-2022, 67 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 · 2 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

not filed

2022

not filed

2021

67 d late

2020

33 d early

← before the deadline after the deadline →

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 2021, micro schema

Turnover

€642k

EBIT margin

-21.1%

Net result

€-136k

2020 · €17k

2020: €17k

2020 → 2021

Working capital

€-125k

2020 · €11k

2020: €11k

2020 → 2021

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021Trend

Turnover€642k

Equity€17k-€-119k

Operating result€8k-€-135k

Net result€17k-€-136k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2021: a loss of €135k after €8k in 2020.

Balance-sheet composition

2021 in colour, 2020 as the grey bar beneath

Assets €231k

97.5%

Fixed assets €6k=

Current assets €225k▲ 244%

Key figures and ratios

2021 value · change against 2020

Solvency

-51.8%▼

2020 · 23.3%

Current ratio

0.64▼

2020 · 1.20

Quick ratio

0.24▼

2020 · 0.29

Debt / equity

-2.93

ROE

113.9%▲

2020 · 100.0%

ROA

-59.0%▼

2020 · 23.3%

Debt

€350k▲

2020 · €55k

Debt ≤ 1 year

€350k▲

2020 · €55k

Staff costs

€45k

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 · 2021 against 2020

Balance sheet Code20202021

Assets

Total assets20/58€71k€231k▲

Formation expenses20€0-

Fixed assets21/28€6k€6k=

Intangible fixed assets21€0-

Financial fixed assets28€6k€6k=

Current assets29/58€65k€225k▲

Stocks and contracts in progress3€49k€141k▲

Stocks30/36-€141k

Amounts receivable within one year40/41€11k€29k▲

Trade receivables40-€29k

Other amounts receivable41-€219

Current investments50/53€0-

Cash at bank and in hand54/58€5k€3k▼

Deferred charges and accrued income490/1-€52k

Equity and liabilities

Total equity and liabilities10/49€71k€231k▲

Equity10/15€17k€-119k▼

Contributions10/11-€1

Profit (loss) carried forward14€17k€-119k▼

Amounts payable17/49€55k€350k▲

Amounts payable within one year42/48€55k€350k▲

Financial debts43-€24

Credit institutions430/8-€24

Trade debts44€52k€241k▲

Suppliers440/4-€241k

Advances received on contracts in progress46-€54k

Taxes, remuneration and social security45-€24k

Taxes450/3-€17k

Remuneration and social security454/9-€7k

Other amounts payable47/48-€31k

Income statement Code20202021

Turnover70-€642k

Goods, raw materials, services and sundry goods60/61-€721k

Remuneration, social security and pensions62-€45k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-

Other operating charges640/8-€11k

Gross operating margin9900€14k€-79k▼

Operating profit (loss)9901€8k€-135k▼

Recurring financial income75€9k-

Financial charges65/66B-€517

Recurring financial charges65€222€517▲

Profit (loss) for the period before taxes9903€17k€-136k▼

Income taxes67/77€0-

Profit (loss) for the period9904€17k€-136k▼

Profit (loss) for the period to be appropriated9905€17k€-136k▼

Appropriation of the result

Profit (loss) to be appropriated9906-€-119k

Profit (loss) brought forward from the previous period14P-€17k

Return on contributions (dividend)694€0-

The notes to these accounts (3 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

All 3Signals 1Filings 2

2023

30-10

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Kortrijk · ICEY BV O.-L.-VROUWE- STRAAT 16/11, 8500 KORTRIJK · event 24-10-2023

2022

06-10

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 67 days late

2021

28-06

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

SignalNBB filing

0 of 6 acts read

About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

2 directors, last change in 2023

Petrov Stefan

Director · since 14-02-2023

Current

14-02-2023 Petrov Stefan: Appointed as Director

14-02-2023 Furkan Cardak: Resigned as Director

Not every act has been read: a resignation may be missing here

6 of this company's 6 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.

Location & real-estate footprint

Registered office, Kortrijk · 1 establishment unit since 2019

exact location from the address register On OpenStreetMap

Ground area

4,665 m²

Building footprint

2,827 m²

Volume, LiDAR

13,137 m³

2 parcels, Flanders · tallest building 15.9 m, ±5 floors. Linked by address, not a title deed.

1 establishment unit

ICEY