ICM ELECT
ActiveICM ELECT has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €140k and a net result of €66k. Equity is growing by ~95.9% per year across the filed fiscal years. Its solvency ranks better than 48% of 970 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
86
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency84▼-11
Growth78=
Stability100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 1.79 against 2.0 in 2024), but 56% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
44%
Return on assets
20.9%
Age of the figures
11 mo
neutral · Filed after the deadline
The financial year that closed on 31-10-2025 was due by 31-05-2026 and was filed on 29-06-2026, 29 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 · 5 filingsDeviation from the deadline
2025
29 d late
2024
31 d late
2023
80 d late
2022
1 d late
2021
34 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-10-2026 and is due by 31-05-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-10-2026 close31-05-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€297k
EBIT margin
2.5%
Net result
€66k▲ 78.4%
2024 · €37k
2021: €6k
2022: €7k
2023: €19k
2024: €37k
2021 → 2025
Working capital
€140k▲ 90.2%
2024 · €73k
2021: €10k
2022: €17k
2023: €36k
2024: €73k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€297k-
Equity€10k-€17k▲ 73.8%€36k▲ 113%€73k▲ 102%€140k▲ 90.2%
Operating result€7k-€9k▲ 24.7%€24k▲ 164%€52k▲ 112%€93k▲ 80.8%
Net result€6k-€7k▲ 24.6%€19k▲ 166%€37k▲ 93.0%€66k▲ 78.4%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 81% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €317k
Equity
€140k▲ 90.2%
Debt
€177k▲ 142%
The debt ratio rises from 50.0% to 56.0%: debt grows faster than equity.
Key figures and ratios
Solvency
44.0%▼
2024 · 50.0%
Current ratio
1.79▼
2024 · 2.00
Quick ratio
1.79▼
2024 · 2.00
Debt / equity
1.27▲
2024 · 1.00
ROE
47.4%▼
2024 · 50.6%
ROA
20.9%▼
2024 · 25.3%
Debt
€177k▲
2024 · €73k
Debt ≤ 1 year
€177k▲
2024 · €73k
Income taxes
€25k▲
2024 · €14k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€147k€317k▲
Current assets29/58€147k€317k▲
Amounts receivable within one year40/41€133k€311k▲
Trade receivables40€53k€81k▲
Other amounts receivable41€80k€229k▲
Cash at bank and in hand54/58€14k€6k▼
Equity and liabilities
Total equity and liabilities10/49€147k€317k▲
Equity10/15€73k€140k▲
Contributions10/11€4k€4k=
Profit (loss) carried forward14€69k€136k▲
Amounts payable17/49€73k€177k▲
Amounts payable within one year42/48€73k€177k▲
Trade debts44€56k€144k▲
Suppliers440/4€9k€43k▲
Bills of exchange payable441€46k€101k▲
Taxes, remuneration and social security45€18k€33k▲
Taxes450/3€18k€33k▲
Income statement
Code20242025
Other operating charges640/8€723€793▲
Gross operating margin9900€52k€94k▲
Operating profit (loss)9901€52k€93k▲
Financial charges65/66B€889€2k▲
Recurring financial charges65€889€2k▲
Profit (loss) for the period before taxes9903€51k€91k▲
Income taxes67/77€14k€25k▲
Profit (loss) for the period9904€37k€66k▲
Profit (loss) for the period to be appropriated9905€37k€66k▲
Appropriation of the result
Profit (loss) to be appropriated9906€69k€136k▲
Profit (loss) brought forward from the previous period14P€32k€69k▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
31-10
Financial
Highest result since 2021net €66k ▲78.4%
Operating result €93k, net result €66k, both a record.
31-10
Financial
Equity above €100kEq €140k ▲90.2%
5 profitable years in a row build equity to €140k.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 80 days late
2023
01-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 34 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, Sint-Pieters-Leeuw · 1 establishment unit since 2020
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.
Bergensesteenweg 421/131600 Sint-Pieters-LeeuwGround area
8,426 m²
Building footprint
1,444 m²
Volume, LiDAR
1,017 m³
2 parcels, Brussels, Flanders · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
ICM ELECT
since 20202.304.558.167
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23582E0505/00E000 | Flanders | 8,312 m² | 1 · 1,330 m² | - |
| 21562A0319/00X000 | Brussels | 115 m² | 1 · 114 m² | 14.2 m · 4 fl. |
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
NSE-INFRA
BE 0777.569.816
Hamme (Vl.) · Eq €140k
MONTE GROUP
BE 0804.036.562
Sint-Truiden · Eq €140k
B-iTechs
BE 0729.593.418
Wommelgem · Eq €140k
Qonnected
BE 1003.146.581
Beringen · Eq €140k
HES ELEKTRO
BE 0744.576.453
Antwerpen · Eq €139k
Of 1,822 companies in sector 42220 we hold annual accounts for 958. 700 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-06-2020
Fiscal year end31-10
Activities, NACEBEL
42220Construction of utility projects for electricity and telecommunications
41001General construction of residential buildings
43211General electrical installation work
81210General cleaning of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.