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IECON

Active
Private limited company (pre-2019)founded 200917 yrs activeBrouwerijstraat 79, 9160 Lokeren, BelgiumKBO/BCE: BE 0809.640.588
Summary

For IECON, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€58,239) and a net result of €15,656. Equity is growing by ~12.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 34218 sector peers (fiscal year 2023). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability87▼-13
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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 2023
Solvency, return and age of the figures
Solvency
-53.1%
Return on assets
14.3%
Age of the figures
33 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 17 years 0 20 y
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 29-11-2024, 121 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
121 d late
2022
31 d late
2021
58 d early
2020
8 d early
2019
69 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 31 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 6 February 2009, IECON was incorporated.1 Total assets went from EUR 50,210 in 2018 to EUR 109,732 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023

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Financials · fiscal year 2023, micro schema

Equity
-€58,239▲ 21.2%
2022 · -€73,895
Total assets
€109,732▼ 9.9%
2022 · €121,724
Net result
€15,656▼ 67.7%
2022 · €48,475
Working capital
-€78,104▲ 23.3%
2022 · -€101,860
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020202120222023
Operating result€27,402▲ 16.9%€25,433▼ 7.2%-€8,040€62,399€22,626▼ 63.7%
Net result€1,857▼ 87.6%€15,015within the sector's middle half▲ 709%-€8,917below the sector's middle half€48,475within the sector's middle half€15,656within the sector's middle half▼ 67.7%
Equity-€128,468▲ 1.4%-€113,453below the sector's middle half▲ 11.7%-€122,370below the sector's middle half▼ 7.9%-€73,895below the sector's middle half▲ 39.6%-€58,239below the sector's middle half▲ 21.2%
Total assets€39,628▼ 21.1%€52,907below the sector's middle half▲ 33.5%€22,161below the sector's middle half▼ 58.1%€121,724within the sector's middle half▲ 449%€109,732within the sector's middle half▼ 9.9%
Debt€168,096▼ 6.9%€166,360▼ 1.0%€144,531▼ 13.1%€195,619▲ 35.3%€167,970▼ 14.1%
Working capital-€125,722▲ 14.2%-€116,011below the sector's middle half▲ 7.7%-€129,986below the sector's middle half▼ 12.0%-€101,860below the sector's middle half▲ 21.6%-€78,104below the sector's middle half▲ 23.3%
Solvency-324.2%▼ 64.6pp-214.4%below the sector's middle half▲ 109.7pp-552.2%below the sector's middle half▼ 337.7pp-60.7%below the sector's middle half▲ 491.5pp-53.1%below the sector's middle half▲ 7.6pp
Current ratio0.23▲ 0.060.28below the sector's middle half▲ 0.050.10below the sector's middle half▼ 0.190.41below the sector's middle half▲ 0.320.48below the sector's middle half▲ 0.07
Return on assets (ROA)4.7%▼ 25.1pp28.4%above the sector's middle half▲ 23.7pp-40.2%below the sector's middle half▼ 68.6pp39.8%above the sector's middle half▲ 80.1pp14.3%within the sector's middle half▼ 25.6pp
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000€60,000Operating result 2019: €27,402€27,402Net result 2019: €1,857€1,857Operating result 2020: €25,433€25,433Net result 2020: €15,015€15,015Operating result 2021: -€8,040-€8,040Net result 2021: -€8,917-€8,917Operating result 2022: €62,399€62,399Net result 2022: €48,475€48,475Operating result 2023: €22,626€22,626Net result 2023: €15,656€15,65620192020202120222023-€20,000€0€20,000€40,000€60,000Operating result 2021: -€8,040-€8,040Net result 2021: -€8,917-€8,920Operating result 2022: €62,399€62,400Net result 2022: €48,475€48,500Operating result 2023: €22,626€22,600Net result 2023: €15,656€15,700202120222023
The operating result falls in 2023; 2023 is 64% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €109,732
Fixed assets €36,244 ▼ 28.0%
Current assets €73,488 ▲ 3.0%
Key figures and ratios
2023 value · change against 2022
EBITDA
€38,493▼
2022 · €72,663
Cash flow
€31,524▼
2022 · €58,739
Debt to equity
-2.88▼
2022 · -2.65
Interest coverage
19.68▼
2022 · 21.79
Debt ≤ 1 year
€151,592▼
2022 · €173,223
Debt > 1 year
€15,530▼
2022 · €21,441
Income taxes
€5,020▼
2022 · €10,589
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 42 lines
Balance sheet Code20222023
Assets
Total assets20/58€121,724€109,732▼
Fixed assets21/28€50,362€36,244▼
Tangible fixed assets22/27€50,357€36,229▼
Plant, machinery and equipment23€2,398€1,774▼
Furniture and vehicles24€44,637€32,544▼
Other tangible fixed assets26€3,323€1,911▼
Financial fixed assets28€5€15▲
Current assets29/58€71,362€73,488▲
Amounts receivable within one year40/41€61,489€28,002▼
Trade receivables40€61,483€23,015▼
Other amounts receivable41€6€4,987▲
Cash at bank and in hand54/58€6,854€43,086▲
Deferred charges and accrued income490/1€3,019€2,400▼
Equity and liabilities
Total equity and liabilities10/49€121,724€109,732▼
Equity10/15-€73,895-€58,239▲
Contributions10/11€71,000€71,000=
Profit (loss) carried forward14-€144,895-€129,239▲
Amounts payable17/49€195,619€167,970▼
Amounts payable after more than one year17€21,441€15,530▼
Financial debts170/4€21,441€15,530▼
Amounts payable within one year42/48€173,223€151,592▼
Current portion of amounts payable after more than one year42€5,746€5,911▲
Trade debts44€20,332€21,014▲
Suppliers440/4€20,332€21,014▲
Taxes, remuneration and social security45€13,211€8,782▼
Taxes450/3€13,211€8,782▼
Other amounts payable47/48€133,933€115,885▼
Accrued charges and deferred income492/3€956€848▼
Income statement Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,264€15,867▲
Other operating charges640/8€1,499€1,820▲
Gross operating margin9900€74,161€40,313▼
Operating profit (loss)9901€62,399€22,626▼
Financial income75/76B€0€6▲
Recurring financial income75€0€6▲
Financial charges65/66B€3,335€1,956▼
Recurring financial charges65€3,335€1,956▼
Profit (loss) for the period before taxes9903€59,063€20,676▼
Income taxes67/77€10,589€5,020▼
Profit (loss) for the period9904€48,475€15,656▼
Profit (loss) for the period to be appropriated9905€48,475€15,656▼
Appropriation of the result
Profit (loss) to be appropriated9906-€144,895-€129,239▲
Profit (loss) brought forward from the previous period14P-€193,370-€144,895▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€847€1,676€2,558€10,264€15,867▲ 54.6%
Other operating charges640/8--€538€1,499€1,820▲ 21.4%
Gross operating margin9900€28,875€27,755-€4,944€74,161€40,313▼ 45.6%
Operating profit (loss)9901€27,402€25,433-€8,040€62,399€22,626▼ 63.7%
Financial income75/76B--€0€0€6▲ 2,895%
Recurring financial income75€52€0€0€0€6▲ 2,895%
Financial charges65/66B--€1,261€3,335€1,956▼ 41.4%
Recurring financial charges65€6,422€6,592€1,261€3,335€1,956▼ 41.4%
Profit (loss) for the period before taxes9903€2,734€18,841-€9,301€59,063€20,676▼ 65.0%
Income taxes67/77€878€3,826-€384€10,589€5,020▼ 52.6%
Profit (loss) for the period9904€1,857€15,015-€8,917€48,475€15,656▼ 67.7%
Profit (loss) for the period to be appropriated9905€1,857€15,015-€8,917€48,475€15,656▼ 67.7%
Line20192020202120222023Change
Assets
Total assets20/58€39,628€52,907€22,161€121,724€109,732▼ 9.9%
Fixed assets21/28€1,585€6,971€8,386€50,362€36,244▼ 28.0%
Tangible fixed assets22/27€1,585€6,971€8,386€50,357€36,229▼ 28.1%
Plant, machinery and equipment23--€1,127€2,398€1,774▼ 26.0%
Furniture and vehicles24--€2,524€44,637€32,544▼ 27.1%
Other tangible fixed assets26--€4,735€3,323€1,911▼ 42.5%
Financial fixed assets28---€5€15▲ 200%
Current assets29/58€38,043€45,936€13,775€71,362€73,488▲ 3.0%
Amounts receivable within one year40/41€28,663€41,197€8,066€61,489€28,002▼ 54.5%
Trade receivables40--€8,066€61,483€23,015▼ 62.6%
Other amounts receivable41---€6€4,987▲ 77,334%
Cash at bank and in hand54/58€9,359€4,719€5,709€6,854€43,086▲ 529%
Deferred charges and accrued income490/1---€3,019€2,400▼ 20.5%
Equity and liabilities
Total equity and liabilities10/49€39,628€52,907€22,161€121,724€109,732▼ 9.9%
Equity10/15-€128,468-€113,453-€122,370-€73,895-€58,239▲ 21.2%
Contributions10/11€71,000-€71,000€71,000€71,000=
Profit (loss) carried forward14-€199,468-€184,453-€193,370-€144,895-€129,239▲ 10.8%
Amounts payable17/49€168,096€166,360€144,531€195,619€167,970▼ 14.1%
Amounts payable after more than one year17---€21,441€15,530▼ 27.6%
Financial debts170/4---€21,441€15,530▼ 27.6%
Amounts payable within one year42/48€163,765€161,947€143,761€173,223€151,592▼ 12.5%
Current portion of amounts payable after more than one year42---€5,746€5,911▲ 2.9%
Trade debts44€413--€20,332€21,014▲ 3.4%
Suppliers440/4---€20,332€21,014▲ 3.4%
Taxes, remuneration and social security45--€1,615€13,211€8,782▼ 33.5%
Taxes450/3--€1,615€13,211€8,782▼ 33.5%
Other amounts payable47/48--€142,147€133,933€115,885▼ 13.5%
Accrued charges and deferred income492/3--€770€956€848▼ 11.3%
Line20192020202120222023Change
Profit (loss) for the period9904€1,857€15,015-€8,917€48,475€15,656▼ 67.7%
+ Depreciation and write-downs630€847€1,676€2,558€10,264€15,867▲ 54.6%
Operating cash flow (approximation)€2,704€16,690-€6,358€58,739€31,524▼ 46.3%
Investment in fixed assets (approximation)--€7,061-€3,974-€52,240-€1,749▲ 96.7%
Change in cash--€4,640€990€1,145€36,231▲ 3,063%

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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Timeline · acts, filings and financial milestones

2024
29-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 121 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial Back to profitnet €48,475
Net result €48,475 after one loss-making year.
03-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Weakest financial yearnet -€8,917
Net result drops to -€8,917, the lowest in the series; recovery starts the following year.
23-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
08-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
31-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
10-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
14-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
26-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
02-06
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
5 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, Lokeren · 1 establishment unit since 2009
seat establishment The establishment unit on the map
Ground area
117 m²
Building footprint
76 m²
Volume, LiDAR
505 m³
Parcel 46014A0719/00E004, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
JEAN
Brouwerijstraat 79, 9160 LokerenFinishing of textiles
since 20092.176.573.892
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46014A0719/00E004 Flanders 117 m² 1 · 76 m² 10.2 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2023 · 2 entries · 463 EUR awarded · 762 EUR paid
Year Entries awardedpaid
2023 1 298 EUR672 EUR
2022 1 165 EUR90 EUR
Schemes
2 entries · 463 EUR · 762 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 5,712 companies in sector 70100 we hold annual accounts for 3,518. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded06-02-2009
Fiscal year end31-12
Activities, NACEBEL 2025
70100Activities of head offices
E-invoicing
Reachable via Peppol
Peppol ID 0208:0809640588
Registered 06-05-2026

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.