ILICO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €8.80M and a net result of €276k. Equity is growing by ~11.7% per year across the filed fiscal years. The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 04-12-2025, 27 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
27 d early
2024
43 d early
2023
30 d early
2022
44 d early
2021
36 d early
2020
31 d early
2019
27 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-05-2026 and is due by 31-12-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-05-2026 close17-09-2026 today31-12-2026 deadline
Financials · fiscal year 2025, consolidated, statutory
Equity
€8.80M▲ 3.2%
2024 · €8.52M
2019: €4.53M
2020: €5.21M
2021: €5.84M
2022: €6.30M
2023: €6.58M
2024: €8.52M
2019 → 2025
Net result
€276k▼ 85.8%
2024 · €1.94M
2019: €742k
2020: €676k
2021: €625k
2022: €460k
2023: €288k
2024: €1.94M
2019 → 2025
Total assets
€10.73M▲ 2.0%
2024 · €10.52M
2019: €8.96M
2020: €8.90M
2021: €8.85M
2022: €8.88M
2023: €8.90M
2024: €10.52M
2019 → 2025
Solvency
82.0%▲ 1.0pp
2024 · 81.0%
2019: 50.6%
2020: 58.6%
2021: 65.9%
2022: 70.9%
2023: 74.0%
2024: 81.0%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€323k-€323k=€342k▲ 5.9%€280k▼ 18.3%€279k▼ 0.1%
Equity€5.84M-€6.30M▲ 7.9%€6.58M▲ 4.6%€8.52M▲ 29.5%€8.80M▲ 3.2%
Operating result€311k-€308k▼ 0.7%€312k▲ 1.0%€236k▼ 24.4%€255k▲ 8.1%
Net result€625k-€460k▼ 26.5%€288k▼ 37.4%€1.94M▲ 574%€276k▼ 85.8%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 8% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.73M
Fixed assets
€10.37M=
Current assets
€361k▲ 150%
Equity and liabilities €10.73M
Equity
€8.80M▲ 3.2%
Debt
€1.93M▼ 3.2%
The debt ratio falls from 19.0% to 18.0%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
82.0%▲
2024 · 81.0%
ROE
3.1%▼
2024 · 22.8%
ROA
2.6%▼
2024 · 18.4%
Debt
€1.93M▼
2024 · €2.00M
Debt ≤ 1 year
€196k▲
2024 · €102k
Debt > 1 year
€1.71M▼
2024 · €1.86M
Income taxes
€48k▲
2024 · €39k
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€10.52M€10.73M▲
Fixed assets21/28€10.37M€10.37M=
Tangible fixed assets22/27€29k€25k▼
Furniture and vehicles24-€4k
Leasing and similar rights25€29k€21k▼
Financial fixed assets28€10.34M€10.34M=
Affiliated companies280/1€10.34M€10.34M=
Participating interests280€10.34M€10.34M=
Current assets29/58€145k€361k▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€14k€85k▲
Trade receivables40-€85k
Other amounts receivable41€14k€0▼
Current investments50/53€103k€103k=
Other investments51/53€103k€103k=
Cash at bank and in hand54/58€26k€172k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€10.52M€10.73M▲
Equity10/15€8.52M€8.80M▲
Contributions10/11€250k€250k=
Reserves13€8.27M€8.55M▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€8.27M€8.55M▲
Amounts payable17/49€2.00M€1.93M▼
Amounts payable after more than one year17€1.86M€1.71M▼
Financial debts170/4€13k€7k▼
Leasing and similar obligations172€13k€7k▼
Other amounts payable178/9€1.85M€1.70M▼
Amounts payable within one year42/48€102k€196k▲
Current portion of amounts payable after more than one year42€5k€5k▲
Trade debts44€6k€6k▼
Suppliers440/4€6k€6k▼
Taxes, remuneration and social security45€7k€35k▲
Taxes450/3€7k€35k▲
Other amounts payable47/48€84k€149k▲
Accrued charges and deferred income492/3€31k€28k▼
Income statement
Code20242025
Operating income70/76A€288k€287k▼
Turnover70€280k€279k▼
Other operating income74€8k€8k▼
Operating charges60/66A€52k€32k▼
Services and other goods61€40k€18k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€10k▲
Other operating charges640/8€4k€5k▲
Operating profit (loss)9901€236k€255k▲
Financial income75/76B€1.84M€150k▼
Recurring financial income75€1.84M€150k▼
Income from financial fixed assets750€1.84M€150k▼
Other financial income752/9€0€1▲
Financial charges65/66B€94k€81k▼
Recurring financial charges65€94k€81k▼
Debt charges650€93k€80k▼
Other financial charges652/9€1k€621▼
Profit (loss) for the period before taxes9903€1.98M€324k▼
Income taxes67/77€39k€48k▲
Taxes670/3€39k€48k▲
Profit (loss) for the period9904€1.94M€276k▼
Profit (loss) for the period to be appropriated9905€1.94M€276k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.94M€276k▼
Transfer to equity691/2€1.94M€276k▼
To other reserves6921€1.94M€276k▼
The notes to these accounts (36 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
2025
23-12
NBB filing
Annual accounts filed
fiscal year 2025 · consolidated
04-12
NBB filing
Annual accounts filed
fiscal year 2025 · unclassified schema
31-05
Financial
Weakest financial yearnet €276k ▼85.8%
Net result drops to €276k, the lowest in the series.
2024
18-11
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema
31-05
Financial
Highest result since 2019net €1.94M ▲574%
Net result €1.94M, the highest in the series.
31-05
Financial
Liquidity triplescurrent ratio 1.42
Current ratio from 0.43 to 1.42; short-term debt falls from €262k to €102k.
2023
01-12
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema
2022
17-11
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema
2021
25-11
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
31-05
Financial
Equity above €5MEq €5.21M ▲14.9%
2 profitable years in a row build equity to €5.21M.
2019
04-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
07-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
29-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Comines-Warneton · 1 establishment unit since 2013
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.
Kastelenlaan(KOM) 1077780 Comines-WarnetonGround area
1.6 ha
Building footprint
575 m²
Volume, LiDAR
2,212 m³
Parcel 54002C0359/00H000, Wallonia · tallest building 4.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ILICO
since 20132.215.633.022
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54002C0359/00H000 | Wallonia | 1.6 ha | 1 · 575 m² | 4.7 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.
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Of 24,726 companies in sector 64210 we hold annual accounts for 19,747. 6,400 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-12-2012
Fiscal year end31-05
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.