ICOMET
ActiveICOMET has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.44M and a net result of €192k. Equity is growing by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 35% of 670 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability58▼-13
Solvency59▼-11
Growth73=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity tight (current ratio 1.47 against 1.76 in 2024; short-term debt: 64.1% and cash: 11.5% of total assets), and 66% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
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
34%
Return on assets
2.7%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
34 d early
2023
14 d early
2022
7 d early
2021
11 d early
2020
16 d early
2019
32 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€15.47M▲ 10.8%
2024 · €13.97M
2020: €9.82M
2021: €10.86M
2022: €13.45M
2023: €12.79M
2024: €13.97M
2020 → 2025
EBIT margin
1.8%▼ 3.9pp
2024 · 5.8%
2020: 4.8%
2021: 2.2%
2022: 4.6%
2023: 2.2%
2024: 5.8%
2020 → 2025
Net result
€192k▼ 66.2%
2024 · €570k
2018: €106k
2019: €70k
2020: €1.74M
2021: €143k
2022: €423k
2023: €179k
2024: €570k
2018 → 2025
Working capital
€2.15M▲ 10.8%
2024 · €1.94M
2018: €770k
2019: €541k
2020: €967k
2021: €1.06M
2022: €1.42M
2023: €1.55M
2024: €1.94M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€10.86M-€13.45M▲ 23.8%€12.79M▼ 4.9%€13.97M▲ 9.2%€15.47M▲ 10.8%
Equity€1.28M-€1.70M▲ 33.0%€1.88M▲ 10.5%€2.25M▲ 19.7%€2.44M▲ 8.5%
Operating result€234k-€618k▲ 164%€284k▼ 54.1%€809k▲ 185%€286k▼ 64.7%
Net result€143k-€423k▲ 195%€179k▼ 57.6%€570k▲ 218%€192k▼ 66.2%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 65% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.19M
Fixed assets
€432k▼ 12.7%
Current assets
€6.76M▲ 50.2%
Equity and liabilities €7.19M
Equity
€2.44M▲ 8.5%
Debt
€4.75M▲ 73.0%
The debt ratio rises from 54.9% to 66.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€413k▼
2024 · €942k
Cash flow
€319k▼
2024 · €702k
Solvency
34.0%▼
2024 · 45.1%
Current ratio
1.47▼
2024 · 1.76
Quick ratio
1.22▼
2024 · 1.48
Debt / equity
1.94▲
2024 · 1.22
ROE
7.9%▼
2024 · 25.3%
ROA
2.7%▼
2024 · 11.4%
Interest coverage
16.26▼
2024 · 62.06
Debt
€4.75M▲
2024 · €2.74M
Debt ≤ 1 year
€4.61M▲
2024 · €2.56M
Debt > 1 year
€116k▼
2024 · €160k
Income taxes
€74k▼
2024 · €225k
Staff costs
€2.84M▲
2024 · €2.77M
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€4.99M€7.19M▲
Fixed assets21/28€495k€432k▼
Tangible fixed assets22/27€489k€427k▼
Plant, machinery and equipment23€95k€102k▲
Furniture and vehicles24€84k€36k▼
Other tangible fixed assets26€309k€289k▼
Financial fixed assets28€6k€4k▼
Other financial fixed assets284/8€6k€4k▼
Amounts receivable and cash guarantees285/8€6k€4k▼
Current assets29/58€4.50M€6.76M▲
Stocks and contracts in progress3€702k€1.15M▲
Stocks30/36€204k€203k▼
Goods purchased for resale34€204k€203k▼
Contracts in progress37€498k€951k▲
Amounts receivable within one year40/41€3.67M€4.75M▲
Trade receivables40€2.71M€3.83M▲
Other amounts receivable41€965k€925k▼
Current investments50/53€8k€525▼
Other investments51/53€8k€525▼
Cash at bank and in hand54/58€88k€828k▲
Deferred charges and accrued income490/1€28k€25k▼
Equity and liabilities
Total equity and liabilities10/49€4.99M€7.19M▲
Equity10/15€2.25M€2.44M▲
Contributions10/11€45k€45k=
Reserves13€2.21M€2.40M▲
Distributable reserves133€2.21M€2.40M▲
Amounts payable17/49€2.74M€4.75M▲
Amounts payable after more than one year17€160k€116k▼
Financial debts170/4€160k€116k▼
Credit institutions173€160k€116k▼
Amounts payable within one year42/48€2.56M€4.61M▲
Current portion of amounts payable after more than one year42€43k€44k▲
Financial debts43€200k€811k▲
Credit institutions430/8€200k€811k▲
Trade debts44€1.76M€2.21M▲
Suppliers440/4€1.76M€2.21M▲
Advances received on contracts in progress46-€1.00M
Taxes, remuneration and social security45€551k€537k▼
Taxes450/3€267k€227k▼
Remuneration and social security454/9€284k€311k▲
Other amounts payable47/48€929€1k▲
Accrued charges and deferred income492/3€25k€23k▼
Income statement
Code20242025
Operating income70/76A€14.04M€16.08M▲
Turnover70€13.97M€15.47M▲
Change in stocks of work in progress, finished goods and contracts in progress71€-48k€453k▲
Other operating income74€125k€141k▲
Non-recurring operating income76A€0€8k▲
Operating charges60/66A€13.24M€15.79M▲
Goods for resale, raw materials and consumables60€7.92M€10.14M▲
Purchases600/8€7.92M€10.14M▲
Change in stocks: decrease (increase)609€5k€1k▼
Services and other goods61€2.39M€2.66M▲
Remuneration, social security and pensions62€2.77M€2.84M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€132k€127k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€25k€28k▲
Non-recurring operating charges66A€0-
Operating profit (loss)9901€809k€286k▼
Financial income75/76B€5k€12k▲
Recurring financial income75€5k€12k▲
Income from financial fixed assets750€0€0▼
Income from current assets751€4k€11k▲
Other financial income752/9€818€554▼
Financial charges65/66B€19k€31k▲
Recurring financial charges65€19k€31k▲
Debt charges650€15k€25k▲
Other financial charges652/9€4k€6k▲
Profit (loss) for the period before taxes9903€795k€266k▼
Income taxes67/77€225k€74k▼
Taxes670/3€225k€74k▼
Profit (loss) for the period9904€570k€192k▼
Profit (loss) for the period to be appropriated9905€570k€192k▼
Appropriation of the result
Profit (loss) to be appropriated9906€570k€192k▼
Transfer from equity791/2€200k€0▼
From reserves792€200k€0▼
Transfer to equity691/2€570k€192k▼
To other reserves6921€570k€192k▼
Profit to be distributed694/7€200k€0▼
Return on contributions (dividend)694€200k€0▼
Social balance
Average headcount (FTE)908739.038.3▼
The notes to these accounts (73 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
11-09
State Gazette act
General meeting · Auditor reappointmentGeneral meeting · Auditor reappointment · Permanent representative5 facts ▸
State Gazette act
General meeting · Auditor reappointment
General meeting · Auditor reappointment · Permanent representative5 facts ▸
- General meeting, 2026-06-30
- Auditor reappointment, commissaris, 3 boekjaren (2026-2028)
- Permanent representative, BOSMAN Bart
- Director appointment, PYNAERT Wim
- Permanent representative, PYNAERT Wim
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Equity above €2MEq €2.25M ▲19.7%
7 profitable years in a row build equity to €2.25M.
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €1.74M ▲2402%
Net result €1.74M, the highest in the series.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €70k ▼34.1%
Net result drops to €70k, the lowest in the series; recovery starts the following year.
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2026
PYNAERT Wim
CurrentDirector · since 30-06-2026
30-06-2026
Appointed
Location & real-estate footprint
Registered office, Deinze · 1 establishment unit since 2005
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.
Filliersdreef 209800 DeinzeGround area
8,576 m²
Building footprint
120 m²
Parcel 44006C0229/00X000, Flanders. Linked by address, not a title deed.
1 establishment unit
ICOMET
since 20052.148.946.413
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44006C0229/00X000 | Flanders | 8,576 m² | 1 · 120 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
1 auditor| Bedrijfsrevisor Bart BosmanCurrent Statutory auditor · represented by BOSMAN Bart | 30-06-2026 → present |
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 7,860 EUR awarded · 5,913 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,781 EUR | 1,637 EUR |
| 2024 | 1 | 3,466 EUR | 2,491 EUR |
| 2023 | 1 | 1,338 EUR | 870 EUR |
| 2022 | 1 | 1,275 EUR | 915 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
6 categoriesICOMET BV35663
Similar companies · same sector, comparable size
DEWEKON ENGINEERING
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MEBO STEEL
BE 0861.688.513
Lokeren · Eq €2.47M
DETRAMO
BE 0431.063.941
Flémalle · Eq €2.41M
Indurra
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Ieper · Eq €2.40M
Of 3,988 companies in sector 25110 we hold annual accounts for 2,148. 974 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-07-2005
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
28110
43320Joinery installation
45422
68110Buying and selling of own real estate
70120
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.