ICOD
Annual accounts 2025
abbreviated format, filed on 10-06-2026, 51 days before the deadlineTurnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €200,000. Estimated: probably between €150,000 and €410,000.
Balance sheet
balance sheet total €615,431 on 31-12-2025in euro
in euro
Position in the sector
85.3%
Higher than 86% of 2,093 companies in 2025.
10.92
Higher than 91% of 2,009 companies in 2025.
12.3%
Higher than 72% of 2,052 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
615,431 | 540,620 | 441,665 | 376,146 | 242,115 | |
21/28 |
169,185 | 169,453 | 170,433 | 170,435 | 169,890 | |
22/27 |
169,185 | 169,453 | 170,433 | 170,435 | 169,890 | |
22 |
169,000 | 169,000 | 169,000 | 169,000 | 169,000 | |
24 |
185 | 453 | 1,433 | 1,435 | 890 | |
29/58 |
446,245 | 371,166 | 271,233 | 205,711 | 72,225 | |
40/41 |
82,388 | 24,292 | 84,700 | 145,680 | 12,100 | |
40 |
72,600 | 24,200 | 84,700 | 145,680 | 12,100 | |
41 |
9,788 | 92 | - | - | - | |
54/58 |
363,858 | 346,874 | 186,533 | 60,031 | 58,125 | |
490/1 |
- | - | - | - | 2,000 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
615,431 | 540,620 | 441,665 | 376,146 | 242,115 | |
10/15 |
524,726 | 448,928 | 320,311 | 235,434 | 126,073 | |
10/11 |
10,000 | 10,000 | 10,000 | 10,000 | 10,000 | |
13 |
514,726 | 438,928 | 310,311 | 225,434 | 116,073 | |
133 |
514,726 | 438,928 | 310,311 | 225,434 | 116,073 | |
17/49 |
90,705 | 91,692 | 121,354 | 140,712 | 116,042 | |
17 |
49,831 | 59,786 | 69,621 | 79,339 | 88,942 | |
170/4 |
49,831 | 59,786 | 69,621 | 79,339 | 88,942 | |
42/48 |
40,873 | 31,906 | 51,733 | 61,373 | 27,100 | |
42 |
10,778 | 10,650 | 10,523 | 10,397 | 10,273 | |
44 |
140 | 402 | 1,131 | - | - | |
440/4 |
140 | 402 | 1,131 | - | - | |
45 |
29,777 | 20,854 | 40,001 | 50,975 | 16,827 | |
450/3 |
29,777 | 20,854 | 40,001 | 50,975 | 16,827 | |
47/48 |
178 | - | 78 | - | - | |
| Income statement | ||||||
9900 |
110,850 | 186,739 | 122,447 | 156,589 | 187,456 | |
62 |
3,477 | 1,806 | 1,829 | 792 | 516 | |
630 |
268 | 979 | 792 | 303 | 23,208 | |
640/8 |
84 | 83 | 82 | 314 | 3 | |
9901 |
107,021 | 183,871 | 119,744 | 155,179 | 163,729 | |
75/76B |
30 | - | - | - | - | |
75 |
30 | - | - | - | - | |
65/66B |
1,041 | 1,171 | 1,236 | 1,287 | 156 | |
65 |
1,041 | 1,171 | 1,236 | 1,287 | 156 | |
9903 |
106,010 | 182,701 | 118,507 | 153,892 | 163,573 | |
67/77 |
30,212 | 54,084 | 33,630 | 44,531 | 47,501 | |
9904 |
75,798 | 128,617 | 84,878 | 109,361 | 116,073 | |
9905 |
75,798 | 128,617 | 84,878 | 109,361 | 116,073 | |
| Appropriation of the result | ||||||
9906 |
75,798 | 128,617 | 84,878 | 109,361 | 116,073 | |
691/2 |
75,798 | 128,617 | 84,878 | 109,361 | 116,073 | |
6921 |
75,798 | 128,617 | 84,878 | 109,361 | 116,073 | |
| Document | ||||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 10-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 10-06-2026 | 2026-00150048 | |
| 31-12-2024 | abbreviated format | 30-06-2025 | 2025-00200885 | |
| 31-12-2023 | abbreviated format | 26-06-2024 | 2024-00166365 | |
| 31-12-2022 | abbreviated format | 22-06-2023 | 2023-00148299 | |
| 31-12-2021 | abbreviated format | 24-06-2022 | 2022-20090175 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 107,289 | 184,851 | 120,536 | 155,483 | 186,937 | ||
| 76,066 | 129,596 | 85,670 | 109,665 | 139,281 | ||
| 0 | 0 | 790 | 849 | 190,612 | ||
| 16,984 | 160,341 | 126,502 | 1,906 | - | ||
| 405,372 | 339,260 | 219,500 | 144,338 | 45,125 | ||
| 85.3% | 83.0% | 72.5% | 62.6% | 52.1% | ||
| 10.92 | 11.63 | 5.24 | 3.35 | 2.67 | ||
| 0.17 | 0.20 | 0.38 | 0.60 | 0.92 | ||
| 14.4% | 28.6% | 26.5% | 46.5% | 92.1% | ||
| 12.3% | 23.8% | 19.2% | 29.1% | 47.9% | ||
| over 100 | over 100 | 97.51 | over 100 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €790 | €849 | €190,612 |
| €268 | €979 | €792 | €303 | €23,208 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on ICOD
The operating result for 2025 is 42% lower than in 2024 and the lowest since 2021.
Debt's share of the balance-sheet total falls from 17.0% to 14.7%. Equity is higher and debt is lower.