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ICL Belgium

Active
Public limited companyfounded 1992active for 33 yearsIndustrieweg 20, 2280 Grobbendonk, BelgiumKBO/BCE: BE 0448.871.953

From the official registers: KBO 33 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

ICL Belgium has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23.5m and a net result of €2.0m. Equity has been growing by about 7.9% per year since 2018. Its solvency ranks better than 84% of 317 sector peers (NACE 20, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

KBO
Status
Active since 15-12-1992 Normal situation
Activity
Manufacture of chemicals and chemical products NACE 20150
Establishment unit
2.060.146.079 2280 Grobbendonk, since 27-06-2002
Financial year end
31 December
Peppol
Reachable since 01-01-0001

Board and ownership

Board
Auditor
KPMG Bedrijfsrevisoren BV/SRL
Shareholders

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Turnover
€37.6m
▲ 8.6%
Profit
€2.0m
▲ 19.2%
Equity
€23.5m
▲ 9.3%
Total assets
€29.5m
▼ 1.9%
Staff
30.3 FTE
▲ 3.1%
Filed on 15-07-2026, 16 days before the deadlineat the National Bank
Score breakdownraises riskLiquidity: current ratio 4.47, cash €99,286lowers riskFounded in 1992Size: turnover €37.6m, 30.3 FTE, total assets €29.5mEquity €23.5m (79.8% of total assets)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 63% of small companies in chemicals (NACE 20)
Financial strength · tick: 2024
Strong
Solvency 100+3
equity 79.8% of total assets
Liquidity 44+5
short-term debt 20.2% · cash 0.3%
Profitability 68+2
return on assets 6.8%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (147 companies, NACE 20, small)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.1%▼ -0.1 percentage points vs 07-2025 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: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €2,200,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.47 (3.14 in 2024), above the usual 1.5. Short-term debt is 20.2% and cash 0.3% of total assets. 20.2% of the assets are financed with debt and provisions.
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 20, small). It does better than 91% of them on solvency, 42% on liquidity, 45% on profitability and 74% on growth.

The bankruptcy probability was computed on 31-10-2026 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. 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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1992
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 4.47, cash €99,286
NBB · annual accounts
lowers risk · Size: turnover €37.6m, 30.3 FTE, total assets €29.5m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €23.5m (79.8% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
16 days early
2024
6 days early
2023
2 days early
2022
133 days late
2021
285 days late
2020
415 days late
2019
746 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 222 days after the deadline. In the sector (NACE 20), the median for financial year 2024 was 22 days before the deadline, and 26% 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 30 July (4 of the last 5 accounts filed within 134 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 4th largest company by total assets in Grobbendonk, Manufacturing sectorin the Checked rankings No. 4 View
  • Positive: 8 profitable years in a rowprofit 2025: €2.0m 8 years View

Comparable companies

These companies have the same main activity as ICL Belgium: manufacture of chemicals and chemical products (NACE 20150). They are comparable in size and age: total assets between €10m and €34m, founded between 1984 and 2004.

CompanyTotal assetsTurnover
ICL Belgium Grobbendonk€29.5m€37.6m
KAREL STERCKX Roeselare€33.7m€30.7m
VAN ISRAEL Geraardsbergen€17.9m€23.8m
LIMA EUROPE Rumst€10.1m€23.3m
POMAGRO Tienen€28.0m€23.7m
AGARIS BELGIUM Gent€30.2m€68.9m
TIMAC AGRO BELUX Charleroi€33.2m€48.9m
Full comparison

Documents

Annual accounts at the NBB

All 33 annual accounts

Articles and registers

Key facts about ICL Belgium

What is the company number of ICL Belgium?
The company number of ICL Belgium is 0448.871.953. The VAT number is the same number with BE in front: BE 0448.871.953.
Where is ICL Belgium based?
The registered office is at Industrieweg 20, 2280 Grobbendonk.Company details
What does ICL Belgium do?
According to the KBO register, the main activity is manufacture of chemicals and chemical products (NACE 20150).
What is the legal form of ICL Belgium?
The legal form of ICL Belgium is Public limited company (NV).
When was ICL Belgium founded?
ICL Belgium was founded on 15-12-1992.
Is ICL Belgium still active?
Yes, ICL Belgium is an active enterprise in the KBO register.
How many employees does ICL Belgium have?
ICL Belgium had an average of 30.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of ICL Belgium?
The turnover of ICL Belgium was €37.6m in financial year 2025, according to the filed annual accounts.
Is ICL Belgium profitable?
In financial year 2025, ICL Belgium made a profit of €2.0m.
Where can I find the annual accounts of ICL Belgium?
ICL Belgium filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of ICL Belgium due?
ICL Belgium must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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