ICON
ActiveSummary
ICON has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €116,281 and a net result of €14,644. Equity is growing by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 59% of 18606 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▲+23
Solvency70▲+4
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 2.0 against 2.08 in 2024; short-term debt: 40.6% and cash: 13.2% of total assets), but 55.1% of the assets are financed with debt.
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Signals
Four 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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
44.9%
Return on assets
5.7%
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
2 d early
2023
57 d late
2022
3 d early
2021
6 d late
2020
3 d early
2019
19 d late
← 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 10 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 30 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€116,281▲ 14.4%
2024 · €101,637
Total assets
€258,969▲ 5.7%
2024 · €244,953
Net result
€14,644▲ 138%
2024 · €6,148
Working capital
€105,126▲ 1.5%
2024 · €103,552
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€35,169€12,572▼ 64.3%€16,391▲ 30.4%€11,367▼ 30.7%€24,734▲ 118%
Net result€25,029above the sector's middle half€8,892within the sector's middle half▼ 64.5%€10,952within the sector's middle half▲ 23.2%€6,148within the sector's middle half▼ 43.9%€14,644within the sector's middle half▲ 138%
Equity€75,645within the sector's middle half▼ 0.4%€84,537within the sector's middle half▲ 11.8%€95,489within the sector's middle half▲ 13.0%€101,637within the sector's middle half▲ 6.4%€116,281within the sector's middle half▲ 14.4%
Total assets€221,232within the sector's middle half▲ 0.4%€194,549within the sector's middle half▼ 12.1%€225,102within the sector's middle half▲ 15.7%€244,953within the sector's middle half▲ 8.8%€258,969within the sector's middle half▲ 5.7%
Debt€145,586▼ 13.9%€110,012▼ 24.4%€129,613▲ 17.8%€143,316▲ 10.6%€142,688▼ 0.4%
Working capital€106,937above the sector's middle half▲ 196%€115,485above the sector's middle half▲ 8.0%€116,379above the sector's middle half▲ 0.8%€103,552above the sector's middle half▼ 11.0%€105,126above the sector's middle half▲ 1.5%
Solvency34.2%within the sector's middle half▼ 0.3pp43.5%within the sector's middle half▲ 9.3pp42.4%within the sector's middle half▼ 1.0pp41.5%within the sector's middle half▼ 0.9pp44.9%within the sector's middle half▲ 3.4pp
Current ratio2.08within the sector's middle half▲ 0.852.52within the sector's middle half▲ 0.442.07within the sector's middle half▼ 0.452.08within the sector's middle half=2.00within the sector's middle half▼ 0.08
Return on assets (ROA)11.3%within the sector's middle half▲ 22.4pp4.6%within the sector's middle half▼ 6.7pp4.9%within the sector's middle half▲ 0.3pp2.5%within the sector's middle half▼ 2.4pp5.7%within the sector's middle half▲ 3.1pp
Staff (FTE)0.6▼ 40.0%0.51.6▲ 220%1.3▼ 18.8%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 118% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €258,969
Fixed assets
€48,620 ▲ 7.4%
Current assets
€210,349 ▲ 5.3%
Equity and liabilities €258,969
Equity
€116,281 ▲ 14.4%
Debt
€142,688 ▼ 0.4%
Debt's share of the balance-sheet total falls from 58.5% to 55.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€31,452▲
2024 · €14,664
Cash flow
€21,361▲
2024 · €9,445
Quick ratio
0.42▼
2024 · 0.64
Debt to equity
1.23▼
2024 · 1.41
ROE
12.6%▲
2024 · 6.0%
Interest coverage
5.64▲
2024 · 3.38
Debt ≤ 1 year
€105,222▲
2024 · €96,122
Debt > 1 year
€37,466▼
2024 · €46,261
Income taxes
€4,531▲
2024 · €999
Staff costs
€41,379▼
2024 · €46,401
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,679 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.8%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,679 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €10,669 | -€492 | €9,969 | €46,401 | €41,379 | ▼ 10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,828 | €11,980 | €2,671 | €3,297 | €6,717 | ▲ 104% |
| Other operating charges640/8 | €1,177 | €1,106 | €1,011 | €1,540 | €1,030 | ▼ 33.1% |
| Gross operating margin9900 | €59,843 | €25,167 | €30,042 | €62,604 | €73,861 | ▲ 18.0% |
| Operating profit (loss)9901 | €35,169 | €12,572 | €16,391 | €11,367 | €24,734 | ▲ 118% |
| Financial income75/76B | €139 | €54 | €166 | €121 | €13 | ▼ 89.4% |
| Recurring financial income75 | €139 | €54 | €166 | €121 | €13 | ▼ 89.4% |
| Financial charges65/66B | €7,529 | €2,411 | €4,077 | €4,340 | €5,572 | ▲ 28.4% |
| Recurring financial charges65 | €7,529 | €2,411 | €4,077 | €4,340 | €5,572 | ▲ 28.4% |
| Profit (loss) for the period before taxes9903 | €27,779 | €10,215 | €12,480 | €7,147 | €19,175 | ▲ 168% |
| Income taxes67/77 | €2,750 | €1,323 | €1,529 | €999 | €4,531 | ▲ 354% |
| Profit (loss) for the period9904 | €25,029 | €8,892 | €10,952 | €6,148 | €14,644 | ▲ 138% |
| Profit (loss) for the period to be appropriated9905 | €25,029 | €8,892 | €10,952 | €6,148 | €14,644 | ▲ 138% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €221,232 | €194,549 | €225,102 | €244,953 | €258,969 | ▲ 5.7% |
| Fixed assets21/28 | €15,043 | €3,063 | €392 | €45,280 | €48,620 | ▲ 7.4% |
| Intangible fixed assets21 | €1,327 | €667 | €267 | €67 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €13,716 | €2,396 | €126 | €45,213 | €48,620 | ▲ 7.5% |
| Land and buildings22 | €13,716 | €2,396 | €126 | €33,885 | €32,172 | ▼ 5.1% |
| Furniture and vehicles24 | - | - | - | €11,328 | €16,449 | ▲ 45.2% |
| Current assets29/58 | €206,189 | €191,485 | €224,710 | €199,673 | €210,349 | ▲ 5.3% |
| Stocks and contracts in progress3 | €161,303 | €145,274 | €180,431 | €138,417 | €165,630 | ▲ 19.7% |
| Stocks30/36 | €161,303 | €145,274 | €180,431 | €138,417 | €165,630 | ▲ 19.7% |
| Amounts receivable within one year40/41 | €13,139 | €8,713 | €20,981 | €17,075 | €8,775 | ▼ 48.6% |
| Trade receivables40 | €13,139 | €8,713 | €19,920 | €10,574 | €2,274 | ▼ 78.5% |
| Other amounts receivable41 | - | - | €1,061 | €6,501 | €6,501 | = |
| Cash at bank and in hand54/58 | €23,249 | €31,064 | €20,658 | €35,195 | €34,083 | ▼ 3.2% |
| Deferred charges and accrued income490/1 | €8,498 | €6,434 | €2,639 | €8,986 | €1,860 | ▼ 79.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €221,232 | €194,549 | €225,102 | €244,953 | €258,969 | ▲ 5.7% |
| Equity10/15 | €75,645 | €84,537 | €95,489 | €101,637 | €116,281 | ▲ 14.4% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €45,089 | €53,981 | €76,889 | €83,037 | €97,681 | ▲ 17.6% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €0 | - | - | - |
| Distributable reserves133 | €43,229 | €52,121 | €76,889 | €83,037 | €97,681 | ▲ 17.6% |
| Profit (loss) carried forward14 | €11,956 | €11,956 | €0 | - | - | - |
| Amounts payable17/49 | €145,586 | €110,012 | €129,613 | €143,316 | €142,688 | ▼ 0.4% |
| Amounts payable after more than one year17 | €46,315 | €33,899 | €21,165 | €46,261 | €37,466 | ▼ 19.0% |
| Financial debts170/4 | €46,315 | €33,899 | €21,165 | €46,261 | €37,466 | ▼ 19.0% |
| Amounts payable within one year42/48 | €99,251 | €76,000 | €108,330 | €96,122 | €105,222 | ▲ 9.5% |
| Current portion of amounts payable after more than one year42 | €12,106 | €12,416 | €12,735 | €18,218 | €14,848 | ▼ 18.5% |
| Trade debts44 | €27,979 | €6,470 | €43,048 | €23,944 | €53,183 | ▲ 122% |
| Suppliers440/4 | €27,979 | €6,470 | €43,048 | €23,944 | €53,183 | ▲ 122% |
| Taxes, remuneration and social security45 | €31,622 | €33,810 | €29,391 | €35,775 | €29,055 | ▼ 18.8% |
| Taxes450/3 | €30,119 | €33,810 | €27,873 | €28,722 | €24,662 | ▼ 14.1% |
| Remuneration and social security454/9 | €1,503 | €0 | €1,518 | €7,053 | €4,393 | ▼ 37.7% |
| Other amounts payable47/48 | €27,545 | €23,304 | €23,157 | €18,185 | €8,137 | ▼ 55.3% |
| Accrued charges and deferred income492/3 | €19 | €112 | €118 | €933 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25,029 | €8,892 | €10,952 | €6,148 | €14,644 | ▲ 138% |
| + Depreciation and write-downs630 | €12,828 | €11,980 | €2,671 | €3,297 | €6,717 | ▲ 104% |
| Operating cash flow (approximation) | €37,858 | €20,871 | €13,622 | €9,445 | €21,361 | ▲ 126% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€48,184 | -€10,058 | ▲ 79.1% |
| Change in cash | - | €7,814 | -€10,406 | €14,537 | -€1,112 | ▼ 108% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100,000Eq €101,637 ▲6.4%
4 profitable years in a row build equity to €101,637.
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
06-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 6 days late
2021
31-12
Financial
Back to profitnet €25,029
Net result €25,029 after 3 loss-making years.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
19-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 19 days late
2019
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are 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, Hasselt · 1 establishment unit since 2015
Ground area
748 m²
Building footprint
473 m²
Volume, LiDAR
3,562 m³
2 parcels, Flanders · tallest building 14.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
ICON
since 20152.250.709.806
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71022H1059/00X000 | Flanders | 660 m² | 1 · 386 m² | 14.7 m · 1 fl. |
| 71022H1113/00H000 | Flanders | 87 m² | 1 · 87 m² | 12.5 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 11,355 EUR awarded · 11,355 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 6,365 EUR | 6,365 EUR |
| 2024 | 1 | 4,990 EUR | 4,990 EUR |
Schemes
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S.D.
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S & J CONSULTING
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Of 6,495 companies in sector 47716 we hold annual accounts for 2,440. 1,894 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-02-2013
Fiscal year end31-12
Activities, NACEBEL 2025
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0515985164
Also
9925:BE0515985164
Registered
05-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.