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Icône Construction

Open bankruptcy
Private limited companyfounded 2018Rue des Beaux-Arts 18, 4000 Liège, BelgiumKBO/BCE: BE 0698.688.228
Summary

A bankruptcy procedure is open for Icône Construction according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €60,081 and a net result of -€38,454.

Icône ConstructionOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Liège, Liège division
Declared bankrupt
26 May 2025
Supervising judge
Benoit Burnotte
Official Gazette
02-06-2025 (pdf) ↗search the document for 2025/123187

Deadlines

Appeal or third-party opposition until
passed on 17 June 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 25 June 2025art. XX.104 and XX.155 CEL
First verification report
passed on 10 July 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 26 May 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curators

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 29-08-2024, 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 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
29 d late
2022
41 d early
2021
1 d late
2020
137 d early
2019
48 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 20 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Icône Construction was incorporated on 21 June 2018.1 Total assets rose from EUR 25,814 in 2019 to EUR 189,617 in 2023.2 On 26 May 2025 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2023
  3. 3Belgian State Gazette, 02-06-2025

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2023, micro schema

Equity
€60,081▼ 39.0%
2022 · €98,534
Total assets
€189,617▼ 27.0%
2022 · €259,730
Net result
-€38,454
2022 · €772
Working capital
€60,081▼ 38.7%
2022 · €97,988
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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
Line20192020202120222023
Operating result-€13,004-€68,521€66,363▼ 3.2%-€9,174-€46,326▼ 405%
Net result-€13,417-€50,330above the sector's middle half€54,550above the sector's middle half▲ 8.4%€772below the sector's middle half▼ 98.6%-€38,454below the sector's middle half
Equity-€7,117-€43,212within the sector's middle half€97,762within the sector's middle half▲ 126%€98,534within the sector's middle half▲ 0.8%€60,081within the sector's middle half▼ 39.0%
Total assets€25,814-€161,162within the sector's middle half▲ 524%€249,903within the sector's middle half▲ 55.1%€259,730within the sector's middle half▲ 3.9%€189,617within the sector's middle half▼ 27.0%
Debt€32,931-€117,949▲ 258%€152,141▲ 29.0%€161,196▲ 6.0%€129,536▼ 19.6%
Working capital-€7,117-€41,333within the sector's middle half€96,550above the sector's middle half▲ 134%€97,988above the sector's middle half▲ 1.5%€60,081within the sector's middle half▼ 38.7%
Solvency-27.6%-26.8%within the sector's middle half▲ 54.4pp39.1%within the sector's middle half▲ 12.3pp37.9%within the sector's middle half▼ 1.2pp31.7%within the sector's middle half▼ 6.3pp
Current ratio0.78-1.35within the sector's middle half▲ 0.571.63within the sector's middle half▲ 0.281.61within the sector's middle half▼ 0.031.46within the sector's middle half▼ 0.14
Return on assets (ROA)-52.0%-31.2%above the sector's middle half▲ 83.2pp21.8%above the sector's middle half▼ 9.4pp0.3%below the sector's middle half▼ 21.5pp-20.3%below the sector's middle half▼ 20.6pp
Staff (FTE)0.77▲ 900%
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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
-€50,000€0€50,000Operating result 2019: -€13,004-€13,004Net result 2019: -€13,417-€13,417Operating result 2020: €68,521€68,521Net result 2020: €50,330€50,330Operating result 2021: €66,363€66,363Net result 2021: €54,550€54,550Operating result 2022: -€9,174-€9,174Net result 2022: €772€772Operating result 2023: -€46,326-€46,326Net result 2023: -€38,454-€38,45420192020202120222023-€50,000€0€50,000Operating result 2021: €66,363€66,400Net result 2021: €54,550€54,600Operating result 2022: -€9,174-€9,170Net result 2022: €772€772Operating result 2023: -€46,326-€46,300Net result 2023: -€38,454-€38,500202120222023
The operating result stays negative: a loss of €46,326 in 2023 against €9,174 in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €189,617
Equity €60,081 ▼ 39.0%
Debt €129,536 ▼ 19.6%
Debt's share of the balance-sheet total rises from 62.1% to 68.3%. Equity and debt are lower.
Key figures and ratios
2023 value · change against 2022
EBITDA
-€45,780▼
2022 · -€8,507
Cash flow
-€37,908▼
2022 · €1,438
Quick ratio
1.35▼
2022 · 1.49
Debt to equity
2.16▲
2022 · 1.64
ROE
-64.0%▼
2022 · 0.8%
Interest coverage
-10.13▼
2022 · -2.36
Debt ≤ 1 year
€129,536▼
2022 · €161,196
Income taxes
€295▼
2022 · €611
Staff costs
€165,656▼
2022 · €185,022
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 39 lines
Balance sheet Code20222023
Assets
Total assets20/58€259,730€189,617▼
Fixed assets21/28€546-
Tangible fixed assets22/27€546-
Furniture and vehicles24€546-
Current assets29/58€259,184€189,617▼
Stocks and contracts in progress3€19,200€14,120▼
Contracts in progress37€19,200€14,120▼
Amounts receivable within one year40/41€228,358€158,443▼
Trade receivables40€109,945€97,158▼
Other amounts receivable41€118,413€61,285▼
Cash at bank and in hand54/58€11,626€17,054▲
Equity and liabilities
Total equity and liabilities10/49€259,730€189,617▼
Equity10/15€98,534€60,081▼
Contributions10/11€6,300€6,300=
Profit (loss) carried forward14€92,234€53,781▼
Amounts payable17/49€161,196€129,536▼
Amounts payable within one year42/48€161,196€129,536▼
Trade debts44€112,343€71,865▼
Suppliers440/4€112,343€71,865▼
Taxes, remuneration and social security45€25,518€33,606▲
Taxes450/3€16,817€1,062▼
Remuneration and social security454/9€8,701€32,544▲
Other amounts payable47/48€23,334€24,065▲
Income statement Code20222023
Remuneration, social security and pensions62€185,022€165,656▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€667€546▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€32,529-
Other operating charges640/8€348€2,989▲
Gross operating margin9900€209,392€122,866▼
Operating profit (loss)9901-€9,174-€46,326▼
Financial income75/76B€14,160€12,688▼
Recurring financial income75€14,160€12,688▼
Financial charges65/66B€3,604€4,520▲
Recurring financial charges65€3,604€4,520▲
Profit (loss) for the period before taxes9903€1,382-€38,158▼
Income taxes67/77€611€295▼
Profit (loss) for the period9904€772-€38,454▼
Profit (loss) for the period to be appropriated9905€772-€38,454▼
Appropriation of the result
Profit (loss) to be appropriated9906€92,234€53,781▼
Profit (loss) brought forward from the previous period14P€91,462€92,234▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Non-recurring operating income76A--€20,495---
Remuneration, social security and pensions62--€10,967€185,022€165,656▼ 10.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€121€667€667€546▼ 18.1%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4---€32,529--
Other operating charges640/8--€695€348€2,989▲ 760%
Non-recurring operating charges66A--€77,715---
Gross operating margin9900-€12,072€68,692€156,406€209,392€122,866▼ 41.3%
Operating profit (loss)9901-€13,004€68,521€66,363-€9,174-€46,326▼ 405%
Financial income75/76B---€14,160€12,688▼ 10.4%
Recurring financial income75€2--€14,160€12,688▼ 10.4%
Financial charges65/66B--€198€3,604€4,520▲ 25.4%
Recurring financial charges65€415€32€198€3,604€4,520▲ 25.4%
Profit (loss) for the period before taxes9903-€13,417€68,490€66,165€1,382-€38,158▼ 2,860%
Income taxes67/77-€18,160€11,615€611€295▼ 51.6%
Profit (loss) for the period9904-€13,417€50,330€54,550€772-€38,454▼ 5,082%
Profit (loss) for the period to be appropriated9905-€13,417€50,330€54,550€772-€38,454▼ 5,082%
Line20192020202120222023Change
Assets
Total assets20/58€25,814€161,162€249,903€259,730€189,617▼ 27.0%
Fixed assets21/28-€1,879€1,213€546--
Tangible fixed assets22/27-€1,879€1,213€546--
Furniture and vehicles24--€1,213€546--
Current assets29/58€25,814€159,282€248,690€259,184€189,617▼ 26.8%
Stocks and contracts in progress3-€31,500€61,500€19,200€14,120▼ 26.5%
Contracts in progress37--€61,500€19,200€14,120▼ 26.5%
Amounts receivable within one year40/41€23,138€127,740€174,189€228,358€158,443▼ 30.6%
Trade receivables40--€126,238€109,945€97,158▼ 11.6%
Other amounts receivable41--€47,951€118,413€61,285▼ 48.2%
Cash at bank and in hand54/58€2,676€42€13,001€11,626€17,054▲ 46.7%
Equity and liabilities
Total equity and liabilities10/49€25,814€161,162€249,903€259,730€189,617▼ 27.0%
Equity10/15-€7,117€43,212€97,762€98,534€60,081▼ 39.0%
Contributions10/11€6,300-€6,300€6,300€6,300=
Profit (loss) carried forward14-€13,417€36,912€91,462€92,234€53,781▼ 41.7%
Amounts payable17/49€32,931€117,949€152,141€161,196€129,536▼ 19.6%
Amounts payable within one year42/48€32,931€117,949€152,141€161,196€129,536▼ 19.6%
Trade debts44€32,931€70,189€86,438€112,343€71,865▼ 36.0%
Suppliers440/4--€86,438€112,343€71,865▼ 36.0%
Taxes, remuneration and social security45--€36,957€25,518€33,606▲ 31.7%
Taxes450/3--€30,986€16,817€1,062▼ 93.7%
Remuneration and social security454/9--€5,971€8,701€32,544▲ 274%
Other amounts payable47/48--€28,746€23,334€24,065▲ 3.1%
Line20192020202120222023Change
Profit (loss) for the period9904-€13,417€50,330€54,550€772-€38,454▼ 5,082%
+ Depreciation and write-downs630-€121€667€667€546▼ 18.1%
Operating cash flow (approximation)-€13,417€50,450€55,217€1,438-€37,908▼ 2,735%
Investment in fixed assets (approximation)--€0€0--
Change in cash--€2,634€12,959-€1,376€5,428▲ 495%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
02-06
Bankruptcy Opening
Tribunal de l’entreprise de Liège, division Liège · event 26-05-2025
2024
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial Weakest financial yearnet -€38,454
Net result drops to -€38,454, the lowest in the series.
20-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
01-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
2021
31-12
Financial Highest result since 2019net €54,550 ▲8.4%
Net result €54,550, the highest in the series.
16-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Back to profitnet €50,330
Net result €50,330 after one loss-making year.
17-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 48 days late
SignalFinancial 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Liège · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
340 m²
Parcel 62078A0154/00S005, Wallonia. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
ICONE CONSTRUCTION
Rue des Beaux-Arts 18, 4000 LiègeConstruction of residential and non-residential buildings
since 20182.278.711.330
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62078A0154/00S005 Wallonia 340 m² - -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

2 mandates
Role Name Tenure
Curator CATHERINE DELBOUILLE
AVENUE CONSTANTIN DE GERLACHE 41, 4000 LIEGE 1
26-05-2025 → present
Curator LAURENT STAS DE RICHELLE
RUE CONSTANTIN DE GERLACHE 41, 4000 LIEGE 1
26-05-2025 → present

Similar companies · same sector, comparable size

Of 20,025 companies in sector 43320 we hold annual accounts for 9,140. 7,538 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
Founded21-06-2018
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
41001General construction of residential buildings
43110Demolition
43910Bricklaying and masonry work
68110Buying and selling of own real estate
70200Business and other management consultancy
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.