Equity
€606,605 ▲ 2.6%
Identic has made a profit in every financial year since 2007.
Identic
Lifetime
19 annual accounts with figures on one time axis, 32 filings since 1993peak €1.9m (2023)
€1.8m▲ 2.5%
peak €466,811 (2023)
€315,508▼ 21.3%
peak €606,605 (2025)
€606,605▲ 2.6%
€2.2m▲ 7.6%
peak 21.1 FTE (2016)
16.8 FTE▲ 1.2%
Board4 names since 2021
2 directorsIDENTIC HOLDING and 1 other
Owners
99.95%PATCOUS
Documentsfilings and deeds
18-08-202618 days late
2025abbreviated format
Dividend €150,000Investments €516,095Cash from €647,935 to €448,227
Key points
from the 2025 annual accountsDebts
€2.2m 77% of the balance sheet
Financial debts 29%Suppliers 32%Taxes and wages 10%Other 29%
Of this, €1.6m falls due within a year.
Investments
€511,595 2.4 × depreciation
Green is investment, beige is depreciation. Machinery stands 21.5% higher than in 2024.
Staff
17 employees on 31-12-2025
In 2025, 10 people joined and 10 left.
Filings
32 annual accounts since 1993
Three of the last ten came late. The 2024 accounts came latest: 29 days after the end of the period.
At the same address
21 companies
Checked score
69
Healthy
Financially stronger than 56% of small companies in printing (NACE 18)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 136 companies (NACE 18, small).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%lowest value
01-2025: 0.2%● unchanged vs 12-2024lowest value
02-2025: 0.2%● unchanged vs 01-2025lowest value
03-2025: 0.2%● unchanged vs 02-2025lowest value
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025
08-2025: 0.5%▲ +0.2 percentage points vs 07-2025
09-2025: 0.3%▼ -0.2 percentage points vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.6%▲ +0.3 percentage points vs 01-2026
03-2026: 0.8%▲ +0.2 percentage points vs 02-2026
04-2026: 0.7%▼ -0.1 percentage points vs 03-2026
05-2026: 0.9%▲ +0.2 percentage points vs 04-2026
06-2026: 0.9%● unchanged vs 05-2026
07-2026: 0.9%● unchanged vs 06-2026
08-2026: 1.5%▲ +0.6 percentage points vs 07-2026highest value
09-2026: 0.8%▼ -0.7 percentage points vs 08-2026
10-2026: 0.8%● unchanged vs 09-2026
11-2026: 0.8%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
1 change of registered office in 24 months
Equity €606,605 (21.7% of total assets)
Sector: Printing and reproduction of recorded media (NACE 18)
lowers risk
Figures for financial year 2025 (filed on 21-08-2026)
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 18, small). It does better than 31% of them on solvency, 43% on liquidity, 90% on profitability and 59% 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 low class on 30-06-2025, 0.8% 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, 2,613 companies had the same profile as Identic has now. Each dot stands for 7 companies, two years later.
97.3%
were still trading
2.0%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of Identic itself: 0.8% 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 2,613 companies, not a prediction for Identic. 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 €40,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.12 (1.22 in 2024), below the usual 1.5. Short-term debt is 57.3% and cash 16.1% of total assets. 78.3% 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
Six signals.
lowers riskraises risk
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €606,605
raises risk · 2025 accounts filed 18 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
18 days late
2024
29 days late
2023
9 days early
2022
26 days late
2021
21 days early
2020
23 days early
2019
72 days early
← 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 7 days before the deadline. In the sector (NACE 18), the median for financial year 2024 was 5 days before the deadline, and 38% 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 18 August (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 office moved within Brussels
New registered office: Avenue Winston Churchill 178, 1180 Bruxelles · Previous registered office: Avenue des Arts 56, 1000 Bruxelles · General meeting of 30-10-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0447002328
1 director appointed, 1 manager resigning
Change of role: IDENTIC HOLDING, from manager to director · Appointment: Thierry Paquit (statutory director) · Resignation: PATCOUS (manager) · Gazette deed
1 director appointed, 1 resignation
Resignation: Paquitec SRL · Permanent representatives: Thierry Paquit and Charlotte Paquit · Appointment: IDENTIC HOLDING · General meeting of 21-04-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Identic Uccle | €2.8m | €1.8m | 21.7% | 16.8 |
| TWEDDLE LITHO OF EUROPE Schelle | €2.6m | €1.7m | 34.6% | 17.3 |
| IMPREPACK CARTONNAGES EN IMPRIMERIE WINDERICKX Molenbeek-Saint-Jean | €3.2m | €1.2m | 67.1% | 11.3 |
| DESSAIN H. Mechelen | €2.2m | €1.4m | 51.3% | 17.8 |
| DRUKKERIJ UITGEVERIJ JAN VERHOEVEN Sint-Pieters-Leeuw | €3.1m | €1.2m | 13.2% | 17.4 |
| PUBLIPRINT VAN HOLLEBEKE Torhout | €2.3m | €1.2m | 11.1% | 15.5 |
| Senteurs Cartons Charleroi | €2.5m | €1.1m | 11.6% | 14.5 |
These companies have the same main activity as Identic: other printing (NACE 18120). They are comparable in size and age: total assets between €2.2m and €3.2m, founded between 1988 and 1996.
Official details
Source: KBO- Status
- Active since 02-04-1992Normal situation
- Registered office
- 23 active companies are registered at this addressSource: KBO register, as of 10 November 2026.
- Activity
- Other printingNACE 18120
- Joint committees
- 200Auxiliary committee for white-collar workers
- 130Printing, graphic arts and newspapers · annual accounts 2021
- Establishment units
- 2.057.287.9451180 Uccle, since 27-04-1992
- 2.177.993.9531930 Zaventem, since 01-07-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 04-07-2024
Annual accounts 2025
- ≈ €3.2mestimated
- €2.8m▲ 6.4%
- Employeeson 31-12-2025
- 17=
- Filing
- Filed on 18-08-2026
Insights on Identic
Identic files the abbreviated format. That format states no turnover. The gross margin rose from €1.3m in 2007 to €1.8m in 2025.
PATCOUS holds all the shares.
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 Identic
- What is the company number of Identic?
- The company number of Identic is 0447.002.328. The VAT number is the same number with BE in front: BE 0447.002.328.
- Where is Identic based?
- The registered office is at Winston Churchilllaan 178, 1180 Uccle.Company details
- What does Identic do?
- According to the KBO register, the main activity is other printing (NACE 18120).
- What is the legal form of Identic?
- Identic is a private limited company (BV).
- When was Identic founded?
- Identic was founded on 02-04-1992.
- Is Identic still active?
- Yes, Identic is an active enterprise in the KBO register.
- How many employees does Identic have?
- Identic had an average of 16.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Identic fall under?
- In its 2021 annual accounts, Identic states joint committees 200 (Auxiliary committee for white-collar workers) and 130 (Printing, graphic arts and newspapers).
- What is the turnover of Identic?
- The turnover in financial year 2025 is ≈ €3.2m. This figure is estimated from the gross margin of €1.8m and 1,585 comparable companies of the same size. It probably lies between €2.1m and €5.2m. It is a rough estimate.
- Is Identic profitable?
- In financial year 2025, Identic made a profit of €315,508.
- Where can I find the annual accounts of Identic?
- Identic filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Identic due?
- Identic must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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