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ICS, Internet & Computer Solutions

Active
Private limited companyfounded 2008active for 18 yearsZandstraat 36, 2960 Brecht, BelgiumKBO/BCE: BE 0897.016.705

From the official registers: KBO 15 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

ICS, Internet & Computer Solutions has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €49,703 and a net result of -€16,993. Equity is growing by about 9.2% per year across the filed financial years. Its solvency ranks better than 64% of 21,120 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, micro format

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
03-07-2026
Format
micro format
Reference
2026-00247536
Turnover
≈ €150,000
Estimated: probably between €130,000 and €200,000
Total assets
€68,506▼ 34.2%
2024 · €104,130
Net result
-€16,993
2024 · €18,948
Working capital
€36,651▼ 17.8%
2024 · €44,565
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result turns negative in 2025: a loss of €15,417 after €26,902 in 2024, the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€15,417 2025 Net result-€16,993 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€16,482-€2,860▼ 82.6%€13,911▲ 386%€30,711▲ 121%-€980€34,700€26,902▼ 22.5%-€15,417
Net result€12,694-€1,356▼ 89.3%€9,139within the sector's middle half▲ 574%€29,239within the sector's middle half▲ 220%€1,102within the sector's middle half▼ 96.2%€20,606within the sector's middle half▲ 19×€18,948within the sector's middle half▼ 8.0%-€16,993below the sector's middle half
Equity€32,914-€34,270▲ 4.1%€43,409within the sector's middle half▲ 26.7%€35,496within the sector's middle half▼ 18.2%€36,598below the sector's middle half▲ 3.1%€57,204within the sector's middle half▲ 56.3%€66,695within the sector's middle half▲ 16.6%€49,703within the sector's middle half▼ 25.5%
Total assets€68,117-€60,218▼ 11.6%€65,774below the sector's middle half▲ 9.2%€77,789within the sector's middle half▲ 18.3%€70,815below the sector's middle half▼ 9.0%€100,109within the sector's middle half▲ 41.4%€104,130within the sector's middle half▲ 4.0%€68,506below the sector's middle half▼ 34.2%
Debt€35,203-€25,948▼ 26.3%€22,365▼ 13.8%€42,293▲ 89.1%€34,218▼ 19.1%€42,905▲ 25.4%€37,434▼ 12.8%€18,803▼ 49.8%
Working capital€23,858-€19,857▼ 16.8%€34,949within the sector's middle half▲ 76.0%€28,017within the sector's middle half▼ 19.8%€26,876within the sector's middle half▼ 4.1%€28,828within the sector's middle half▲ 7.3%€44,565within the sector's middle half▲ 54.6%€36,651within the sector's middle half▼ 17.8%
Solvency48.3%-56.9%▲ 8.6pp66.0%within the sector's middle half▲ 9.1pp45.6%within the sector's middle half▼ 20.4pp51.7%within the sector's middle half▲ 6.0pp57.1%within the sector's middle half▲ 5.5pp64.1%within the sector's middle half▲ 6.9pp72.6%within the sector's middle half▲ 8.5pp
Current ratio1.82-1.80▼ 0.022.56within the sector's middle half▲ 0.761.66within the sector's middle half▼ 0.901.79within the sector's middle half▲ 0.121.67within the sector's middle half▼ 0.112.19within the sector's middle half▲ 0.522.95within the sector's middle half▲ 0.76
Return on assets (ROA)18.6%-2.3%▼ 16.4pp13.9%within the sector's middle half▲ 11.6pp37.6%above the sector's middle half▲ 23.7pp1.6%within the sector's middle half▼ 36.0pp20.6%within the sector's middle half▲ 19.0pp18.2%within the sector's middle half▼ 2.4pp-24.8%below the sector's middle half▼ 43.0pp
Staff (FTE)1-1.4▲ 40.0%1.8below the sector's middle half▲ 28.6%2.3▲ 27.8%2.1below the sector's middle half▼ 8.7%1.9▼ 9.5%1.9=2.1▲ 10.5%
above within below the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €68,506
Fixed assets €13,052 ▼ 41.0%
Current assets €55,454 ▼ 32.4%
Equity and liabilities €68,506
Equity €49,703 ▼ 25.5%
Debt €18,803 ▼ 49.8%
Debt's share of the balance-sheet total falls from 35.9% to 27.4%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€8,367▼
2024 · €35,230
Cash flow
-€9,942▼
2024 · €27,276
Debt to equity
0.38▼
2024 · 0.56
ROE
-34.2%▼
2024 · 28.4%
Interest coverage
-6.86▼
2024 · over 100
Debt ≤ 1 year
€18,803▼
2024 · €37,434
Income taxes
€356▼
2024 · €8,733
Staff costs
€111,366▲
2024 · €98,363
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 4,805 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 88.2% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
2.0% went bankrupt
9.8% stopped otherwise
88.2% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 4,805 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 03-07-2026.

Balance sheet Code20242025
Assets
Total assets20/58€104,130€68,506▼
Fixed assets21/28€22,131€13,052▼
Tangible fixed assets22/27€22,131€13,052▼
Furniture and vehicles24€22,131€13,052▼
Current assets29/58€81,999€55,454▼
Amounts receivable within one year40/41€37,929€46,882▲
Trade receivables40€35,824€45,441▲
Other amounts receivable41€2,106€1,441▼
Cash at bank and in hand54/58€41,928€4,434▼
Deferred charges and accrued income490/1€2,142€4,138▲
Equity and liabilities
Total equity and liabilities10/49€104,130€68,506▼
Equity10/15€66,695€49,703▼
Contributions10/11€5,000€5,000=
Reserves13€61,695€57,549▼
Distributable reserves133€61,695€57,549▼
Profit (loss) carried forward14--€12,847
Amounts payable17/49€37,434€18,803▼
Amounts payable within one year42/48€37,434€18,803▼
Trade debts44€6,144€3,596▼
Suppliers440/4€6,144€3,596▼
Taxes, remuneration and social security45€14,738€7,785▼
Taxes450/3€3,104€7,785▲
Remuneration and social security454/9€11,634€0▼
Other amounts payable47/48€16,552€7,422▼
Income statement Code20242025
Remuneration, social security and pensions62€98,363€111,366▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,327€7,050▼
Other operating charges640/8€236€538▲
Non-recurring operating charges66A-€1,279
Gross operating margin9900€133,828€104,816▼
Operating profit (loss)9901€26,902-€15,417▼
Financial income75/76B€783€0▼
Recurring financial income75€26€0▼
Non-recurring financial income76B€756€0▼
Financial charges65/66B€4€1,220▲
Recurring financial charges65€4€1,220▲
Profit (loss) for the period before taxes9903€27,681-€16,637▼
Income taxes67/77€8,733€356▼
Profit (loss) for the period9904€18,948-€16,993▼
Profit (loss) for the period to be appropriated9905€18,948-€16,993▼
Appropriation of the result
Profit (loss) to be appropriated9906€18,948-€16,993▼
Transfer from equity791/2€9,457€4,146▼
Transfer to equity691/2€18,948€0▼
To other reserves6921€18,948€0▼
Profit to be distributed694/7€9,457€0▼
Return on contributions (dividend)694€9,457€0▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€82,500€88,760€98,095€98,363€111,366▲ 13.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,731€9,630€7,169€981€2,503€6,605€8,327€7,050▼ 15.3%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€487----
Other operating charges640/8---€452€204€218€236€538▲ 128%
Non-recurring operating charges66A-------€1,279-
Gross operating margin9900€58,067€62,004€87,543€114,643€90,975€139,618€133,828€104,816▼ 21.7%
Operating profit (loss)9901€16,482€2,860€13,911€30,711-€980€34,700€26,902-€15,417-
Financial income75/76B---€1,466€2,768€2€783€0▼ 100.0%
Recurring financial income75-€18€11€21€281€2€26€0▼ 100.0%
Non-recurring financial income76B---€1,445€2,487-€756€0▼ 100%
Financial charges65/66B---€202€118€1,011€4€1,220▲ 292×
Recurring financial charges65€263€215€467€202€118€265€4€1,220▲ 292×
Non-recurring financial charges66B-----€745---
Profit (loss) for the period before taxes9903€16,219€2,664€13,454€31,974€1,671€33,691€27,681-€16,637-
Income taxes67/77€3,524€1,308€4,315€2,735€569€13,084€8,733€356▼ 95.9%
Profit (loss) for the period9904€12,694€1,356€9,139€29,239€1,102€20,606€18,948-€16,993-
Profit (loss) for the period to be appropriated9905€12,694€1,356€9,139€29,239€1,102€20,606€18,948-€16,993-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€68,117€60,218€65,774€77,789€70,815€100,109€104,130€68,506▼ 34.2%
Fixed assets21/28€15,106€15,628€8,460€7,478€9,722€28,376€22,131€13,052▼ 41.0%
Intangible fixed assets21€100--------
Tangible fixed assets22/27€15,007€9,128€1,960€978€9,722€28,376€22,131€13,052▼ 41.0%
Furniture and vehicles24---€885€9,675€28,376€22,131€13,052▼ 41.0%
Other tangible fixed assets26---€93€47----
Financial fixed assets28-€6,500€6,500€6,500-----
Current assets29/58€53,011€44,589€57,315€70,310€61,094€71,733€81,999€55,454▼ 32.4%
Amounts receivable within one year40/41€26,696€32,979€35,523€40,956€33,142€59,757€37,929€46,882▲ 23.6%
Trade receivables40---€38,460€29,361€58,214€35,824€45,441▲ 26.8%
Other amounts receivable41---€2,495€3,781€1,543€2,106€1,441▼ 31.6%
Cash at bank and in hand54/58€23,919€10,751€20,868€29,009€26,745€10,173€41,928€4,434▼ 89.4%
Deferred charges and accrued income490/1---€345€1,207€1,803€2,142€4,138▲ 93.2%
Equity and liabilities
Total equity and liabilities10/49€68,117€60,218€65,774€77,789€70,815€100,109€104,130€68,506▼ 34.2%
Equity10/15€32,914€34,270€43,409€35,496€36,598€57,204€66,695€49,703▼ 25.5%
Contributions10/11€18,600€18,600-€5,000€5,000€5,000€5,000€5,000=
Reserves13€14,314€15,670€24,809€30,496€31,598€52,204€61,695€57,549▼ 6.7%
Distributable reserves133---€30,496€31,598€52,204€61,695€57,549▼ 6.7%
Profit (loss) carried forward14--------€12,847-
Amounts payable17/49€35,203€25,948€22,365€42,293€34,218€42,905€37,434€18,803▼ 49.8%
Amounts payable after more than one year17€6,050€1,215-------
Amounts payable within one year42/48€29,153€24,732€22,365€42,293€34,218€42,905€37,434€18,803▼ 49.8%
Trade debts44€3,713€4,629€1,064€2,117€22,187€4,541€6,144€3,596▼ 41.5%
Suppliers440/4---€2,117€22,187€4,541€6,144€3,596▼ 41.5%
Taxes, remuneration and social security45---€11,976€8,540€17,690€14,738€7,785▼ 47.2%
Taxes450/3---€4,510-€6,165€3,104€7,785▲ 151%
Remuneration and social security454/9---€7,465€8,540€11,525€11,634€0▼ 100%
Other amounts payable47/48---€28,200€3,491€20,674€16,552€7,422▼ 55.2%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€12,694€1,356€9,139€29,239€1,102€20,606€18,948-€16,993-
+ Depreciation and write-downs630€8,731€9,630€7,169€981€2,503€6,605€8,327€7,050▼ 15.3%
Operating cash flow (approximation)€21,426€10,986€16,308€30,220€3,606€27,212€27,276-€9,942-
Investment in fixed assets (approximation)--€10,152€0€0-€4,746-€25,260-€2,082€2,029-
Change in cash--€13,168€10,118€8,141-€2,265-€16,572€31,755-€37,493-

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

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Latest 10 of 15 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 03-07-2026 2026-00247536 NBB
31-12-2024 micro format 16-06-2025 2025-00141295 PDF
31-12-2023 micro format 12-07-2024 2024-00242146 PDF
31-12-2022 abbreviated format 30-06-2023 2023-00182822 PDF
31-12-2021 micro format 15-07-2022 2022-20190993 PDF
31-12-2020 abbreviated format 15-06-2021 2021-19900541 PDF
31-12-2019 abbreviated format 30-07-2020 2020-36400311 PDF
31-12-2018 micro format 30-08-2019 2019-59500441 PDF
31-12-2017 abbreviated format 20-07-2018 2018-36500250 PDF
31-12-2016 micro format 28-07-2017 2017-39100047 PDF

Show all 15 filings

Similar companies · same sector, comparable size

Of the 16,999 active companies whose main activity is computer programming (NACE 62100), figures are known for 9,009. 6,978 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2023 · 1 entry · €945 awarded · €945 paid
Schemes
1 entry · €945 · €945 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.