IKON
ActiveSummary
IKON has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €49k and a net result of €44k. Equity is shrinking by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 17% of 4354 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74▲+49
Solvency31▲+5
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 1.82 against 1.21 in 2023; short-term debt: 14% and cash: 7.9% of total assets), but 94% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 74
Relative position
BE, all sectors
reference
Sector 74
lower
← fewer bankruptcies
more bankruptcies →
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 · 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
6%
Return on assets
5.4%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 4354 sector peers (2024).
NBB · sector comparisonPosition among 4354 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
1 d early
2023
1 d early
2022
on the day
2021
61 d early
2020
59 d early
2019
64 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€49k▲ 904%
2023 · €5k
2018: €108k
2019: €63k
2020: €117k
2021: €125k
2022: €111k
2023: €5k
2018 → 2024
Total assets
€817k▼ 6.6%
2023 · €874k
2018: €1.25M
2019: €1.15M
2020: €1.17M
2021: €1.18M
2022: €1.05M
2023: €874k
2018 → 2024
Net result
€44k
2023 · €-64k
2018: €3k
2019: €-45k
2020: €54k
2021: €8k
2022: €-14k
2023: €-64k
2018 → 2024
Working capital
€94k▲ 194%
2023 · €32k
2018: €107k
2019: €54k
2020: €150k
2021: €157k
2022: €132k
2023: €32k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€117k-€125k▲ 7.0%€111k▼ 11.3%€5k▼ 95.6%€49k▲ 904%
Operating result€86k-€28k▼ 67.2%€-204€-39k▼ 19,215%€70k
Net result€54k-€8k▼ 84.8%€-14k€-64k▼ 356%€44k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €70k after a loss of €39k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €817k
Fixed assets
€608k ▼ 12.2%
Current assets
€208k ▲ 14.5%
Equity and liabilities €817k
Equity
€49k ▲ 904%
Debt
€768k ▼ 11.7%
Debt's share of the balance-sheet total falls from 99.4% to 94.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€154k▲
2023 · €46k
Cash flow
€128k▲
2023 · €21k
Current ratio
1.82▲
2023 · 1.21
Debt to equity
15.66
ROE
90.0%
ROA
5.4%▲
2023 · -7.4%
Interest coverage
5.85▲
2023 · 1.84
Debt ≤ 1 year
€115k▼
2023 · €150k
Debt > 1 year
€653k▼
2023 · €719k
Income taxes
€294▼
2023 · €306
Staff costs
€93k▼
2023 · €159k
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 · 56 lines
Balance sheet
Code20232024
Assets
Total assets20/58€874k€817k▼
Fixed assets21/28€692k€608k▼
Tangible fixed assets22/27€692k€608k▼
Land and buildings22€230k€197k▼
Furniture and vehicles24€26k€20k▼
Leasing and similar rights25€279k€257k▼
Other tangible fixed assets26€157k€134k▼
Current assets29/58€182k€208k▲
Amounts receivable within one year40/41€50k€40k▼
Trade receivables40€43k€39k▼
Other amounts receivable41€8k€1k▼
Current investments50/53€38k€98k▲
Cash at bank and in hand54/58€91k€64k▼
Deferred charges and accrued income490/1€3k€6k▲
Equity and liabilities
Total equity and liabilities10/49€874k€817k▼
Equity10/15€5k€49k▲
Contributions10/11€19k€19k=
Reserves13€65k€65k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€580€580=
Distributable reserves133€64k€64k=
Profit (loss) carried forward14€-79k€-34k▲
Amounts payable17/49€869k€768k▼
Amounts payable after more than one year17€719k€653k▼
Financial debts170/4€719k€653k▼
Amounts payable within one year42/48€150k€115k▼
Current portion of amounts payable after more than one year42€80k€66k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€45k€30k▼
Suppliers440/4€45k€30k▼
Taxes, remuneration and social security45€24k€17k▼
Taxes450/3€9k€10k▲
Remuneration and social security454/9€15k€8k▼
Other amounts payable47/48€2k€2k▲
Accrued charges and deferred income492/3€86€44▼
Income statement
Code20232024
Remuneration, social security and pensions62€159k€93k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€86k€84k▼
Other operating charges640/8€5k€6k▲
Gross operating margin9900€210k€252k▲
Operating profit (loss)9901€-39k€70k▲
Financial income75/76B€306€880▲
Recurring financial income75€306€880▲
Non-recurring financial income76B€0-
Financial charges65/66B€25k€26k▲
Recurring financial charges65€25k€26k▲
Profit (loss) for the period before taxes9903€-64k€44k▲
Income taxes67/77€306€294▼
Profit (loss) for the period9904€-64k€44k▲
Profit (loss) for the period to be appropriated9905€-64k€44k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-79k€-34k▲
Profit (loss) brought forward from the previous period14P€-14k€-79k▼
Transfer from equity791/2€42k€0▼
Profit to be distributed694/7€42k€0▼
Return on contributions (dividend)694€42k€0▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €44k
Net result €44k after 2 loss-making years.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-64k
Net result drops to €-64k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €54k
Net result €54k after one loss-making year.
31-12
Financial
Equity above €100kEq €117k ▲85.6%
Equity rises from €63k to €117k.
28-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
20-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
09-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Waasmunster · 1 establishment unit since 2019
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.
Lucien Reychlerstraat 419250 WaasmunsterGround area
1,448 m²
Building footprint
192 m²
Volume, LiDAR
789 m³
Parcel 42023B0840/00N000, Flanders · tallest building 6.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Lucien Reychlerstraat 41, 9250 Waasmunster
since 20192.287.913.462
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42023B0840/00N000 | Flanders | 1,448 m² | 1 · 192 m² | 6.3 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 7,207 EUR awarded · 7,975 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 147 EUR | 147 EUR |
| 2024 | 1 | 1,050 EUR | 1,050 EUR |
| 2023 | 1 | 1,155 EUR | 1,923 EUR |
| 2022 | 1 | 4,855 EUR | 4,855 EUR |
Schemes
Vlaams Beschermingsmechanisme 8 (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 6,295 companies in sector 74120 we hold annual accounts for 1,011. 873 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-05-2002
Fiscal year end31-12
Activities, NACEBEL 2025
74120Graphic design and visual communication
62100Computer programming
73110Advertising agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.