Equity
€116,566 ▼ 23.3%
ICONOCLASH paid out €52,400 in dividends. That is 309% of the 2025 profit.
ICONOCLASH
Lifetime
11 annual accounts with figures on one time axispeak €140,582 (2015)
€39,633▲ 15.2%
lowest -€58,222 (2022)
€16,955▲ 24.4%
peak €176,494 (2021)
€116,566▼ 23.3%
€180,140▼ 13.9%
peak 0 FTE (2025)
0 FTE
Board2 names since 2014
2 directorsChristophe MAUSEN and 1 other
Documentsfilings and deeds
23-07-20268 days before the deadline
2025abbreviated format
Gross margin from €34,416 to €39,633Dividend €52,400Equity from €152,011 to €116,566Cash from €154 to €3,203
Key points
from the 2025 annual accountsSecurities
€335,000
Mortgage mandates, new in 2025. 2.9 times equity · not in the 2024 accounts.
Filings
11 annual accounts since 2015
Seven of the last ten came late. The 2016 accounts came latest: 140 days after the end of the period.
Checked score
89
Excellent
Financially stronger than 31% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025highest value
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.5%● unchanged vs 06-2025
08-2025: 0.2%▼ -0.3 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.3%▲ +0.1 percentage points vs 03-2026
05-2026: 0.2%▼ -0.1 percentage points vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.1%▼ -0.1 percentage points vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 1.36, cash €3,203
lowers risk
Size: total assets €296,707
Sector: Activities of head offices; management consultancy activities (NACE 70)
Founded in 2014
Calculation
The band follows from the bankruptcy probability. 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 70, micro). It does better than 37% of them on solvency, 25% on liquidity, 41% on profitability and 21% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as ICONOCLASH has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of ICONOCLASH itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for ICONOCLASH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.36 (2.33 in 2024), below the usual 1.5. Short-term debt is 20.3% and cash 1.1% of total assets. 60.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 days early
2024
6 days early
2023
27 days late
2022
on the day
2021
31 days late
2020
61 days late
2019
87 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 27 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0551881302
Changes of role: Christophe MAUSEN (director) and Céline LEONARD (director)
“Le conseil en gestion d’entreprises et le management,la consultance en tous domaines; Toute activité de…” (deed in French) · Director discharge: Christophe MAUSEN · Director discharge: Céline LEONARD · Gazette deed
First establishment
Sentier de la Campagne 6, Saint-Nicolas
Incorporation
published on 15-05-2014 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ICONOCLASH Saint-Nicolas | €296,707 | €39,633 | 39.3% | 0 |
| GI-Invest Ingelmunster | €354,406 | €37,151 | 88.8% | 0 |
| IMMO GBF Namur | €242,516 | €33,156 | 82.3% | 0 |
| HOLDING ZEN Esneux | €196,005 | €43,100 | 69.3% | 0 |
| LAEMEN Ravels | €285,558 | €29,236 | 99.5% | 0 |
| TAKOMA Antwerp | €281,244 | €32,635 | 83.2% | 0 |
| QELSA Lanaken | €262,367 | €54,567 | 90.7% | 0 |
These companies have the same main activity as ICONOCLASH: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €196,000 and €354,000, founded between 2011 and 2015.
Official details
Source: KBO- Status
- Active since 02-05-2014Normal situation
- Activity
- Business and other management consultancyNACE 70200and 4 others
- Establishment unit
- 2.230.064.0484420 Saint-Nicolas, since 09-05-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 01-01-2026
Annual accounts 2025
- ≈ €100,000estimated
- €296,707▼ 17.9%
- Filing
- Filed on 23-07-2026, 8 days before the end of the filing period
Insights on ICONOCLASH
ICONOCLASH files the abbreviated format. That format states no turnover. The gross margin fell from €140,582 in 2015 to €39,633 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ICONOCLASH
- What is the company number of ICONOCLASH?
- The company number of ICONOCLASH is 0551.881.302. The VAT number is the same number with BE in front: BE 0551.881.302.
- Where is ICONOCLASH based?
- The registered office is at Sentier de la Campagne 6, 4420 Saint-Nicolas.Company details
- What does ICONOCLASH do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of ICONOCLASH?
- ICONOCLASH is a private limited company (BV).
- When was ICONOCLASH founded?
- ICONOCLASH was founded on 02-05-2014.
- Is ICONOCLASH still active?
- Yes, ICONOCLASH is an active enterprise in the KBO register.
- What is the turnover of ICONOCLASH?
- The turnover in financial year 2025 is ≈ €100,000. This figure is estimated from the gross margin of €39,633 and 69 comparable companies (NACE 70200). It probably lies between €63,000 and €150,000.Financials
- Is ICONOCLASH profitable?
- In financial year 2025, ICONOCLASH made a profit of €16,955.
- Where can I find the annual accounts of ICONOCLASH?
- ICONOCLASH filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ICONOCLASH due?
- ICONOCLASH must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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