IKAR
ActiveSummary
The computed 12-month bankruptcy probability of IKAR is 4.1% (elevated). The 2024 annual accounts show equity of €76k and a net result of €4k. Equity is growing by ~14.6% per year across the filed fiscal years. Its solvency ranks better than 77% of 18936 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability72▼-3
Solvency87▲+14
Growth46=
Track record100
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days only on tighter terms
Liquidity ample (current ratio 2.51 against 1.71 in 2023; short-term debt: 38.5% and cash: 44.3% of total assets), and 38.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
61.5%
Return on assets
3%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
26 d late
2022
66 d late
2021
324 d late
2020
90 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€422k▲ 46.1%
2022 · €289k
2021: €425khighest in 3 years
2022: €289k▼ -32.1% vs 2021lowest in 3 years
2023: €422k▲ +46.1% vs 2022
2021 → 2023
EBIT margin
6.3%▲ 0.9pp
2022 · 5.4%
2021: -2.3%lowest in 3 years
2022: 5.4%▲ +339% vs 2021
2023: 6.3%▲ +16.6% vs 2022highest in 3 years
2021 → 2023
Net result
€4k▼ 81.2%
2023 · €19k
2020: €39khighest in 5 years
2021: €3k▼ -91.2% vs 2020lowest in 5 years
2022: €4k▲ +6.2% vs 2021
2023: €19k▲ +426% vs 2022
2024: €4k▼ -81.2% vs 2023
2020 → 2024
Working capital
€71k▲ 26.2%
2023 · €56k
2020: €370lowest in 5 years
2021: €12k▲ +3253% vs 2020
2022: €26k▲ +109% vs 2021
2023: €56k▲ +118% vs 2022
2024: €71k▲ +26.2% vs 2023highest in 5 years
2020 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€425k€289k▼ 32.1%€422k▲ 46.1%
2021: €425khighest in 3 years
2022: €289k▼ -32.1% vs 2021lowest in 3 years
2023: €422k▲ +46.1% vs 2022
Equity€45k-€49k▲ 7.6%€53k▲ 7.5%€72k▲ 36.8%€76k▲ 5.0%
2020: €45klowest in 5 years
2021: €49k▲ +7.6% vs 2020
2022: €53k▲ +7.5% vs 2021
2023: €72k▲ +36.8% vs 2022
2024: €76k▲ +5.0% vs 2023highest in 5 years
Operating result€53k-€-10k€16k€26k▲ 70.4%€13k▼ 51.5%
2020: €53khighest in 5 years
2021: €-10k▼ -118% vs 2020lowest in 5 years
2022: €16k▲ +262% vs 2021
2023: €26k▲ +70.4% vs 2022
2024: €13k▼ -51.5% vs 2023
Net result€39k-€3k▼ 91.2%€4k▲ 6.2%€19k▲ 426%€4k▼ 81.2%
2020: €39khighest in 5 years
2021: €3k▼ -91.2% vs 2020lowest in 5 years
2022: €4k▲ +6.2% vs 2021
2023: €19k▲ +426% vs 2022
2024: €4k▼ -81.2% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 52% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €123k
Fixed assets
€4k ▼ 72.0%
Current assets
€119k ▼ 12.7%
Equity and liabilities €123k
Equity
€76k ▲ 5.0%
Debt
€47k ▼ 40.3%
Debt's share of the balance-sheet total falls from 52.4% to 38.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€24k▼
2023 · €38k
Cash flow
€15k▼
2023 · €31k
Current ratio
2.51▲
2023 · 1.71
Quick ratio
1.29▼
2023 · 1.49
Debt to equity
0.63▼
2023 · 1.10
ROE
4.8%▼
2023 · 26.9%
ROA
3.0%▼
2023 · 12.8%
Interest coverage
303.28▼
2023 · 522.37
Debt ≤ 1 year
€47k▼
2023 · €79k
Income taxes
€9k▲
2023 · €7k
Staff costs
€37k▲
2023 · €29k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 41 lines
Balance sheet
Code20232024
Assets
Total assets20/58€151k€123k▼
Fixed assets21/28€15k€4k▼
Tangible fixed assets22/27€15k€4k▼
Plant, machinery and equipment23€1k€1k▼
Furniture and vehicles24€14k€3k▼
Current assets29/58€136k€119k▼
Stocks and contracts in progress3€18k€58k▲
Stocks30/36€18k€58k▲
Amounts receivable within one year40/41€52k€1k▼
Trade receivables40€52k€103▼
Other amounts receivable41€411€1k▲
Cash at bank and in hand54/58€13k€54k▲
Deferred charges and accrued income490/1€53k€5k▼
Equity and liabilities
Total equity and liabilities10/49€151k€123k▼
Equity10/15€72k€76k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€66k€70k▲
Amounts payable17/49€79k€47k▼
Amounts payable within one year42/48€79k€47k▼
Trade debts44€75k€29k▼
Suppliers440/4€75k€29k▼
Taxes, remuneration and social security45€4k€18k▲
Taxes450/3€4k€15k▲
Remuneration and social security454/9-€4k
Other amounts payable47/48€965-
Income statement
Code20232024
Turnover70€422k-
Goods, raw materials, services and sundry goods60/61€357k-
Remuneration, social security and pensions62€29k€37k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▼
Other operating charges640/8€4k€10k▲
Non-recurring operating charges66A-€9k
Gross operating margin9900€71k€80k▲
Operating profit (loss)9901€26k€13k▼
Financial charges65/66B€72€79▲
Recurring financial charges65€72€79▲
Profit (loss) for the period before taxes9903€26k€13k▼
Income taxes67/77€7k€9k▲
Profit (loss) for the period9904€19k€4k▼
Profit (loss) for the period to be appropriated9905€19k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€66k€70k▲
Profit (loss) brought forward from the previous period14P€47k€66k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €425k | €289k | €422k | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €399k | €249k | €357k | - | - |
| Remuneration, social security and pensions62 | - | €23k | €14k | €29k | €37k | ▲ 27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €11k | €11k | €11k | €11k | ▼ 0.4% |
| Other operating charges640/8 | - | €5k | €1k | €4k | €10k | ▲ 133% |
| Non-recurring operating charges66A | - | €10k | €4k | - | €9k | - |
| Gross operating margin9900 | €71k | €39k | €47k | €71k | €80k | ▲ 12.5% |
| Operating profit (loss)9901 | €53k | €-10k | €16k | €26k | €13k | ▼ 51.5% |
| Recurring financial income75 | €173 | - | - | - | - | - |
| Financial charges65/66B | - | €235 | €61 | €72 | €79 | ▲ 9.7% |
| Recurring financial charges65 | €231 | €235 | €61 | €72 | €79 | ▲ 9.7% |
| Profit (loss) for the period before taxes9903 | €53k | €-10k | €15k | €26k | €13k | ▼ 51.7% |
| Income taxes67/77 | €13k | €-13k | €12k | €7k | €9k | ▲ 30.2% |
| Profit (loss) for the period9904 | €39k | €3k | €4k | €19k | €4k | ▼ 81.2% |
| Profit (loss) for the period to be appropriated9905 | €39k | €3k | €4k | €19k | €4k | ▼ 81.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €160k | €53k | €94k | €151k | €123k | ▼ 18.7% |
| Fixed assets21/28 | €45k | €37k | €27k | €15k | €4k | ▼ 72.0% |
| Tangible fixed assets22/27 | €45k | €37k | €27k | €15k | €4k | ▼ 72.0% |
| Plant, machinery and equipment23 | - | €496 | €2k | €1k | €1k | ▼ 20.1% |
| Furniture and vehicles24 | - | €36k | €25k | €14k | €3k | ▼ 76.8% |
| Current assets29/58 | €115k | €17k | €67k | €136k | €119k | ▼ 12.7% |
| Stocks and contracts in progress3 | - | €9k | €9k | €18k | €58k | ▲ 224% |
| Stocks30/36 | - | €9k | €9k | €18k | €58k | ▲ 224% |
| Amounts receivable within one year40/41 | €15k | €47 | €24k | €52k | €1k | ▼ 97.2% |
| Trade receivables40 | - | - | €103 | €52k | €103 | ▼ 99.8% |
| Other amounts receivable41 | - | €47 | €23k | €411 | €1k | ▲ 227% |
| Cash at bank and in hand54/58 | €99k | €8k | €9k | €13k | €54k | ▲ 333% |
| Deferred charges and accrued income490/1 | - | - | €25k | €53k | €5k | ▼ 90.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €160k | €53k | €94k | €151k | €123k | ▼ 18.7% |
| Equity10/15 | €45k | €49k | €53k | €72k | €76k | ▲ 5.0% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Profit (loss) carried forward14 | €39k | €43k | €47k | €66k | €70k | ▲ 5.5% |
| Amounts payable17/49 | €114k | €5k | €41k | €79k | €47k | ▼ 40.3% |
| Amounts payable within one year42/48 | €114k | €5k | €41k | €79k | €47k | ▼ 40.3% |
| Trade debts44 | €24k | - | €27k | €75k | €29k | ▼ 61.0% |
| Suppliers440/4 | - | - | €27k | €75k | €29k | ▼ 61.0% |
| Taxes, remuneration and social security45 | - | €5k | €14k | €4k | €18k | ▲ 392% |
| Taxes450/3 | - | €5k | €7k | €4k | €15k | ▲ 296% |
| Remuneration and social security454/9 | - | - | €7k | - | €4k | - |
| Other amounts payable47/48 | - | - | - | €965 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €39k | €3k | €4k | €19k | €4k | ▼ 81.2% |
| + Depreciation and write-downs630 | €8k | €11k | €11k | €11k | €11k | ▼ 0.4% |
| Operating cash flow (approximation) | €47k | €15k | €15k | €31k | €15k | ▼ 51.6% |
| Investment in fixed assets (approximation) | - | €-2k | €-1k | €0 | €0 | - |
| Change in cash | - | €-91k | €1k | €3k | €42k | ▲ 1,136% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 66 days late
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 324 days late
2021
31-12
Financial
Weakest financial yearnet €3k ▼91.2%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 3.74
Current ratio from 1.00 to 3.74; short-term debt falls from €114k to €5k.
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Charleroi · 1 establishment unit since 2019
Ground area
256 m²
Building footprint
200 m²
Volume, LiDAR
2,972 m³
Parcel 52011B0240/00R087, Wallonia · tallest building 17.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Le Grand Ikaros
since 20192.295.505.493
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52011B0240/00R087 | Wallonia | 256 m² | 1 · 200 m² | 17.3 m · 5 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteCharleroi2.295.505.493
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Of 21,853 companies in sector 56112 we hold annual accounts for 9,776. 8,094 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-10-2019
Fiscal year end31-12
Trade name FR
SRL "IKAR"
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Scores and ratios are computed by Checked and are not a credit decision.