Ictinus
ActiveIctinus has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-55k) and a net result of €-15k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 1408 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
42
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth38=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.09 against 0.52 in 2024; cash: 86.7% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Return on assets
-276.8%
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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-55k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 · 10 filingsDeviation from the deadline
2025
24 d late
2024
22 d late
2023
20 d early
2022
25 d late
2021
24 d late
2020
19 d early
2019
17 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€29▼ 99.7%
2024 · €10k
2018: €2.80M
2019: €838k
2020: €304k
2021: €151k
2022: €160k
2023: €11k
2024: €10k
2018 → 2025
EBIT margin
-41203.3%▼ 41056.5pp
2024 · -146.9%
2018: -8.4%
2019: -17.4%
2020: -35.9%
2021: -55.2%
2022: -21.1%
2023: -326.6%
2024: -146.9%
2018 → 2025
Net result
€-15k▲ 18.7%
2024 · €-18k
2018: €-249k
2019: €-149k
2020: €-112k
2021: €-85k
2022: €-34k
2023: €-39k
2024: €-18k
2018 → 2025
Working capital
€-55k▼ 36.0%
2024 · €-40k
2018: €557k
2019: €343k
2020: €179k
2021: €92k
2022: €23k
2023: €-23k
2024: €-40k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€151k-€160k▲ 6.1%€11k▼ 92.9%€10k▼ 15.7%€29▼ 99.7%
Equity€50k-€16k▼ 67.6%€-23k€-40k▼ 79.5%€-55k▼ 36.0%
Operating result€-83k-€-34k▲ 59.4%€-37k▼ 10.4%€-14k▲ 62.1%€-12k▲ 16.5%
Net result€-85k-€-34k▲ 59.7%€-39k▼ 13.9%€-18k▲ 53.9%€-15k▲ 18.7%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €12k in 2025 against €14k in 2024; the loss shrinks.
Key figures and ratios
Current ratio
0.09▼
2024 · 0.52
Quick ratio
0.09▼
2024 · 0.52
Debt / equity
-1.10▲
2024 · -2.10
ROA
-276.8%▼
2024 · -40.1%
Debt
€60k▼
2024 · €85k
Debt ≤ 1 year
€60k▼
2024 · €85k
A ratio outside any meaningful range has been withheld (balance sheet total €5k, equity €-55k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€45k€5k▼
Current assets29/58€45k€5k▼
Amounts receivable within one year40/41€40k€686▼
Trade receivables40€2k-
Other amounts receivable41€38k€686▼
Cash at bank and in hand54/58€5k€5k▼
Deferred charges and accrued income490/1-€13
Equity and liabilities
Total equity and liabilities10/49€45k€5k▼
Equity10/15€-40k€-55k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€-109k€-123k▼
Amounts payable17/49€85k€60k▼
Amounts payable within one year42/48€85k€60k▼
Trade debts44€6k€4k▼
Suppliers440/4€6k€4k▼
Other amounts payable47/48€79k€56k▼
Income statement
Code20242025
Turnover70€10k€29▼
Goods, raw materials, services and sundry goods60/61€23k€11k▼
Other operating charges640/8€782€779▼
Gross operating margin9900€-13k€-11k▲
Operating profit (loss)9901€-14k€-12k▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€-18k€-15k▲
Profit (loss) for the period9904€-18k€-15k▲
Profit (loss) for the period to be appropriated9905€-18k€-15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-109k€-123k▼
Profit (loss) brought forward from the previous period14P€-91k€-109k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 24 days late
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 22 days late
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 25 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 24 days late
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
NBB filing
Directors · office · real estate
Directors
15 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, Kontich · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Prins Boudewijnlaan 242550 KontichGround area
1,042 m²
Building footprint
340 m²
Volume, LiDAR
1,750 m³
Parcel 11024B0091/00R002, Flanders · tallest building 12.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Ictinus
since 20102.184.799.195
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11024B0091/00R002 | Flanders | 1,042 m² | 1 · 339 m² | 12.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 12,116 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded13-01-2010
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.