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ICO Move

Active
Public limited companyfounded 2009active for 16 yearsMargareta van Oostenrijkstraat 1, 8380 Brugge, BelgiumKBO/BCE: BE 0821.919.404
Summary

ICO Move has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €2.0m and a net result of €247,270. Equity is growing by about 20% per year across the filed financial years. Its solvency ranks better than 91% of 37 sector peers (NACE 52, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
ICO MoveActiveChecked score 98/100
Risk analysis ReportCompare

Overview

Activity
Logistics services
NACE 52250Non-scheduled passenger transport by road NACE 49320
1 site
Size
€2.3mtotal assets 2026
Staff
27.9 FTE
Equity
€2.0m
Profit
€247,270
Financial health
98 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Parent
INTERNATIONAL CAR OPERATORS · 100%
Auditor: Deloitte Bedrijfsrevisoren, BV ovv CVBA2026 accounts 130 days early1 of 10 deeds summarised
Why 98raises riskSector: Warehousing and support activities for transportation (NACE 52)lowers riskLiquidity: current ratio 7.40, cash €694,701Equity €2.0m (86.8% of total assets)Founded in 2009Show the evidence

Checked score

Score 2026
98 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 85% of its sector peers (NACE 52, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2025
Strong
Solvency 100=
equity 86.8% of total assets
Liquidity 86-7
short-term debt 13.2% · cash 30.6%
Profitability 82=
return on assets 10.9%
Bankruptcy probability, 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 0.4% (596 companies, NACE 52, 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 01-2025highest value 03-2025: < 0.1%● unchanged vs 02-2025highest value 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: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged 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 03-2026lowest value 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 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €190,000 on 30-day terms is acceptable
Liquidity ample (current ratio 7.4, compared with 6.78 in 2025, above the usual 1.5; short-term debt: 13.2% and cash: 30.6% of total assets), and 13.2% 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 52, small): better than 94% on solvency, 95% on liquidity, 82% on profitability and 69% 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

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 7.40, cash €694,701
NBB · annual accounts
lowers risk · Equity €2.0m (86.8% of total assets)
NBB · annual accounts
lowers risk · Founded in 2009
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Warehousing and support activities for transportation (NACE 52)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 23-06-2026, 130 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
130 days early
2025
38 days early
2024
37 days early
2023
39 days early
2022
35 days early
2021
32 days early
2020
29 days early
← 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 49 days before the deadline; the sector median (NACE 52) for financial year 2024 is 8 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 23 September (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2026 · full…
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Positive: Among the best 9% on solvencysector median 29.8% · 37 companies 86.8% View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2026: €247,270 8 years View
  • Controlled by INTERNATIONAL CAR OPERATORSultimately: NYK TOKIO 100% View

By topic

Financials

Financial year
2026
Total assets
€2.3m
Profit
€247,270
Solvency
86.8%
Turnover▼ 8.9%
Net result
20192020
Go to Financials

Board & ownership

Board
3 members
Parent
INTERNATIONAL CAR OPERATORS · 100%
Auditor
Deloitte Bedrijfsrevisoren, BV ovv…
  • Hagman CarlDirector
  • Takayuki KonishiDirector
  • Adriansens MarcDirector
Go to Board & ownership

Timeline

Events
22
Since
2012
Next accounts
by 31-10-2027
  1. 24-06-2024Resignations: Adriansens Marc, Steimler Sven and Satoru…
  2. 22-09-2023Annual accounts filed
  3. 31-03-2023Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Logistics servicesNACE 52250
Founded
24-12-2009
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

Key facts about ICO Move

What is the company number of ICO Move?
0821.919.404. In Belgium the VAT number is the company number with BE in front: BE 0821.919.404.
Where is ICO Move based?
The registered office is at Margareta van Oostenrijkstraat 1, 8380 Brugge.Company details
What does ICO Move do?
According to the KBO register, the main activity is logistics services (NACE 52250).
What is the legal form of ICO Move?
Public limited company (NV).
When was ICO Move founded?
On 24-12-2009.
Is ICO Move still active?
Yes, ICO Move is an active enterprise in the KBO register.
How many employees does ICO Move have?
On average 27.9 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
What is the turnover of ICO Move?
€941,511 in financial year 2020, according to the filed annual accounts.
Is ICO Move profitable?
In financial year 2026, ICO Move made a profit of €247,270.
Where can I find the annual accounts of ICO Move?
ICO Move filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of ICO Move due?
By 31-10-2027, for financial year 2027.Timeline

Companies related to ICO Move

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How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark

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