Equity
€1.4m ▲ 72.3%
ICOR has made a profit without a break since 2014.
ICOR
Lifetime
19 annual accounts with figures on one time axis, 36 filings since 1989peak €1.7m (2025)
€1.7m▲ 39.1%
lowest -€8,487 (2013)
€578,841▲ 226%
peak €1.4m (2025)
€1.4m▲ 72.3%
€1.3m▼ 36.3%
peak 16.6 FTE (2012)
14.7 FTE▼ 5.2%
Board8 names since 2014
3 directors and 2 others
Owners2 names in the annual accounts
Documentsfilings and deeds
31-10-2025on the last day
2025financial year
Gross margin from €1.2m to €1.7mResult from €177,503 to €578,8412 directors appointed, 1 resignation 14-04Equity from €800,793 to €1.4mDebts from €2.1m to €1.3mCash from €453,859 to €71,481
Key points
from the 2025 annual accountsResult
€578,841 ▲ 226%
The result rose in 2025 from €177,503 to €578,841.
Turnover
≈ €7.3m estimated
The accounts state no turnover.
Staff
15 employees on 31-03-2025
In 2025, 5 people joined and 6 left.
Liquidity
2.00 was 1.35 in 2024
Short-term debts fell from €2.1m to €1.3m.
Filings
36 annual accounts 13 days past the deadline
2026 accounts not filed: deadline was 31-10-2026.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 20,135 companies had the same profile as ICOR has now. Each dot stands for 51 companies, two years later.
95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 20,135 companies, not a prediction for ICOR. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Daily manager,
Daily manager,
- 100%score equity €1.6m (2025) · 2024 annual accounts of .
- consolidatesannual accounts 31-03-2017
Recent changes
Assemblee Generale - Annee Comptable
General meeting of 13-02-2026 · Gazette deed
2 directors appointed, 1 resignation
Resignation: (daily management delegate) · Appointments: (daily management delegate) and (daily management delegate) · Permanent representatives: and · General meeting of 01-04-2025 · Gazette deed
1 director appointed, 2 resignations
Capital after the increase: €150,000 · Capital after the increase: €650,000 · Resignations: and · General meeting of 19-12-2023 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0436398941
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ICOR Wavre | €2.7m | €1.7m | 50.6% | 14.7 |
| BANDENCENTRALE DE BRABANDERE Waregem | €2.8m | €1.7m | 52.6% | 18 |
| NEDERMAN Sint-Pieters-Leeuw | €2.3m | €2.4m | 8.5% | 15.8 |
| EUROQUIP Pelt | €3.2m | €1.9m | 27.9% | 22.8 |
| FG AUTO PIECES GROUPE Nandrin | €2.1m | €1.8m | -72.1% | 22.6 |
| JOHAN HERMAN Menen | €4.4m | €1.6m | 93.1% | 15.3 |
| H.C.T. Deinze | €2.6m | €1.4m | 49.2% | 10.1 |
These companies have the same main activity as ICOR: wholesale of motor vehicle parts and accessories (NACE 46720). They are comparable in size and age: total assets between €2.1m and €4.4m, founded between 1980 and 1990.
Official details
Source: KBO- Status
- Active since 16-01-1989Normal situation
- Activity
- Wholesale of motor vehicle parts and accessoriesNACE 46720
- Joint committees
- 207White-collar workers in the chemical industry
- 116Chemical industry · annual accounts 31-03-2024
- Establishment unit
- 2.041.863.7571300 Wavre, since 09-07-2002
- Financial year end
- 31 March
- Peppol
- Reachable since 20-11-2020
Annual accounts to 31-03-2025
- €2.7m▼ 6.5%
- Employeeson 31-03-2025
- 15▼ 6.3%
- Filing
- Filed on 31-10-2025
Insights on ICOR
ICOR has existed since 1989. The gross margin grew from €471,656 in 2007 to €1.7m in 2025 and staff from 10.1 to 14.7 full-time equivalents.
Solvency rose in 2025 from 27.5% to 50.6% because of the retained profit and lower debts.
. holds all the shares. In April 2025, the Official Gazette published the appointment of as managing director.
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 ICOR
- What is the company number of ICOR?
- The company number of ICOR is 0436.398.941. The VAT number is the same number with BE in front: BE 0436.398.941.
- Where is ICOR based?
- The registered office is at Avenue Lavoisier 37, 1300 Wavre.Company details
- What does ICOR do?
- According to the KBO register, the main activity is wholesale of motor vehicle parts and accessories (NACE 46720).
- What is the legal form of ICOR?
- ICOR is a public limited company (NV).
- When was ICOR founded?
- ICOR was founded on 16-01-1989.
- Is ICOR still active?
- Yes, ICOR is an active enterprise in the KBO register.
- How many employees does ICOR have?
- ICOR had an average of 14.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does ICOR fall under?
- In its 31-03-2024 annual accounts, ICOR states joint committees 207 (White-collar workers in the chemical industry) and 116 (Chemical industry).
- What is the turnover of ICOR?
- The turnover in financial year 2025 is ≈ €7.3m. This figure is estimated from the gross margin of €1.7m and 98 comparable companies (NACE 46). It probably lies between €4.4m and €12.0m.
- Is ICOR profitable?
- In financial year 2025, ICOR made a profit of €578,841.
- Where can I find the annual accounts of ICOR?
- ICOR filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
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