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ICM

Active
Private limited company (pre-2019)founded 200917 yrs activeBlarenberglaan 6, 2800 Mechelen, BelgiumKBO/BCE: BE 0817.691.687

ICM has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €217k and a net result of €-8k. Equity is growing by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 36% of 36377 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2024
30 / 100
Weak▼ -21 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-7
Solvency65▼-14
Growth52=
Stability100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days only on tighter terms
Liquidity tight (current ratio 1.48 against 1.68 in 2023), and 65.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
34.6%
Return on assets
-1.4%
Age of the figures
20 mo
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 17 years 0 20 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
30 d late
2023
7 d early
2022
8 d late
2021
18 d late
2020
31 d late
2019
61 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
€217k▼ 3.8%
2023 · €226k
2018: €170k 2019: €166k 2020: €189k 2021: €197k 2022: €223k 2023: €226k
2018 → 2024
Total assets
€628k▲ 16.2%
2023 · €540k
2018: €480k 2019: €375k 2020: €349k 2021: €393k 2022: €442k 2023: €540k
2018 → 2024
Net result
€-8k
2023 · €3k
2018: €19k 2019: €-4k 2020: €22k 2021: €8k 2022: €26k 2023: €3k
2018 → 2024
Working capital
€196k▼ 7.6%
2023 · €213k
2018: €160k 2019: €153k 2020: €172k 2021: €184k 2022: €208k 2023: €213k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€189k-€197k▲ 4.4%€223k▲ 13.0%€226k▲ 1.3%€217k▼ 3.8%
Operating result€36k-€13k▼ 65.2%€44k▲ 250%€20k▼ 55.1%€10k▼ 49.2%
Net result€22k-€8k▼ 62.9%€26k▲ 208%€3k▼ 88.4%€-8k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40kOperating result 2020: €36k€36kNet result 2020: €22k€22kOperating result 2021: €13k€13kNet result 2021: €8k€8kOperating result 2022: €44k€44kNet result 2022: €26k€26kOperating result 2023: €20k€20kNet result 2023: €3k€3kOperating result 2024: €10k€10kNet result 2024: €-8k€-8k20202021202220232024
The operating result has fallen two years in a row; 2024 is 49% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €628k
Fixed assets €21k▲ 58.5%
Current assets €607k▲ 15.2%
Equity and liabilities €628k
Equity €217k▼ 3.8%
Debt €411k▲ 30.6%
The debt ratio rises from 58.2% to 65.4%: debt grows while equity shrinks.
Key figures and ratios
2024 value · change against 2023
EBITDA
€12k
2023 · €21k
Cash flow
€-7k
2023 · €4k
Solvency
34.6%
2023 · 41.8%
Current ratio
1.48
2023 · 1.68
Quick ratio
0.51
2023 · 0.32
Debt / equity
1.89
2023 · 1.40
ROE
-3.9%
2023 · 1.3%
ROA
-1.4%
2023 · 0.6%
Interest coverage
0.67
2023 · 1.28
Debt
€411k
2023 · €315k
Debt ≤ 1 year
€411k
2023 · €315k
Income taxes
€828
2023 · €2k
Staff costs
€151k
2023 · €155k
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€540k€628k
Fixed assets21/28€13k€21k
Tangible fixed assets22/27€8k€16k
Plant, machinery and equipment23€3k€4k
Other tangible fixed assets26€5k€12k
Financial fixed assets28€5k€5k=
Current assets29/58€527k€607k
Stocks and contracts in progress3€428k€399k
Stocks30/36€288k€277k
Contracts in progress37€139k€122k
Amounts receivable within one year40/41€91k€204k
Trade receivables40€71k€185k
Other amounts receivable41€20k€20k
Deferred charges and accrued income490/1€8k€4k
Equity and liabilities
Total equity and liabilities10/49€540k€628k
Equity10/15€226k€217k
Contributions10/11€13k€13k=
Reserves13€213k€204k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€211k€203k
Amounts payable17/49€315k€411k
Amounts payable within one year42/48€315k€411k
Financial debts43€74k€75k
Credit institutions430/8€74k€75k
Trade debts44€130k€188k
Suppliers440/4€130k€188k
Taxes, remuneration and social security45€79k€117k
Taxes450/3€60k€104k
Remuneration and social security454/9€18k€13k
Other amounts payable47/48€32k€31k
Accrued charges and deferred income492/3€86-
Income statement Code20232024
Remuneration, social security and pensions62€155k€151k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k
Other operating charges640/8€1k€9k
Gross operating margin9900€178k€172k
Operating profit (loss)9901€20k€10k
Financial income75/76B€2k€53
Recurring financial income75€0€53
Non-recurring financial income76B€2k-
Financial charges65/66B€16k€18k
Recurring financial charges65€16k€18k
Profit (loss) for the period before taxes9903€5k€-8k
Income taxes67/77€2k€828
Profit (loss) for the period9904€3k€-8k
Profit (loss) for the period to be appropriated9905€3k€-8k
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-8k
Transfer from equity791/2-€8k
Transfer to equity691/2€3k-
To other reserves6921€3k-

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
30-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial Weakest financial yearnet €-8k ▼384%
Net result drops to €-8k, the lowest in the series.
24-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
08-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 8 days late
2022
31-12
Financial Highest result since 2018net €26k ▲208%
Net result €26k, the highest in the series.
31-12
Financial Equity above €200kEq €223k ▲13%
3 profitable years in a row build equity to €223k.
18-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 18 days late
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial Back to profitnet €22k
Net result €22k after one loss-making year.
30-09
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 61 days late
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
01-10
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 62 days late
2017
11-12
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 133 days late
2016
27-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
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, Mechelen · 1 establishment unit since 2009
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.

Blarenberglaan 62800 Mechelen
Ground area
6.8 ha
Building footprint
3.6 ha
Volume, LiDAR
4 m³
2 parcels, Flanders · tallest building 1.9 m. Linked by address, not a title deed.
1 establishment unit
ICM
Blarenberglaan 6B, 2800 MechelenGeneral electrical installation work
since 20092.182.776.845
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12402A0019/00M000 Flanders 4.0 ha 1 · 3.6 ha -
12402A0019/00G000 Flanders 2.9 ha 1 · 3 m² 1.9 m
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 22,728 companies in sector 43211 we hold annual accounts for 10,269. 8,108 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded07-08-2009
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
62900Other information technology and computer services
46472Wholesale trade
46650Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers

Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.