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LE REVE D'ICAR

Active Private limited companyfounded 2002active for 24 yearsChemin Naghin 4, 7823 AthKBO/BCE: BE 0479.134.072

Lifetime

19 annual accounts with figures on one time axis, 21 filings since 2004
peak €44,564 (2008)
€27,043▲ 2.3%
lowest -€8,054 (2012)
€3,832▼ 54.4%
peak €14,251 (2008)
€10,542▲ 57.1%
€159,321▲ 5.5%
peak 0.7 FTE (2009)
-not published
Board2 names since 2002
2 directorsDavid TAELEMANS and 1 other
Documentsfilings and deeds
27-08-202527 days late
2024micro format
Result from €8,410 to €3,832Appointments: David TAELEMANS (director) and Caroline DOCLOT… 05-02Equity from €6,710 to €10,542

Key points

from the 2024 annual accounts

Turnover

≈ €73,000 estimated

The micro format states no turnover.

Debts

€159,321 94% of the balance sheet
Financial debts 10%Suppliers 0%Taxes and wages 2%Other 88%

Of this, €103,611 falls due within a year.

Filings

21 annual accounts 101 days past the deadline
AprilJune31 JulyOctober2005201020152020

2025 accounts not filed: deadline was 31-07-2026.

Checked score

55
Fair
Financially stronger than 44% of micro companies in crop and animal production (NACE 01)
Probability in this band: 1.5% to 4.2%

A confirmed filing finding caps the score at 59.

Bankruptcy probability within 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 5,696 companies (NACE 01, micro).

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025lowest value 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%▼ -0.2 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026 09-2026: 0.6%▲ +0.2 percentage points vs 08-2026 10-2026: 1.1%▲ +0.5 percentage points vs 09-2026highest value 11-2026: 1.1%● unchanged vs 10-2026highest value

Financial strength
Weak

31+2equity 6.2% of total assets
22-3short-term debt 61.0% · cash 3.4%
72-3return on assets 2.3%

Score breakdown

raises risk
Capped at 59: a confirmed filing finding
Figures for financial year 2024 (filed on 31-08-2025)
Liquidity: current ratio 0.16, cash €5,712
lowers risk
Sector: Crop and animal production, hunting and related service activities (NACE 01)
Size: total assets €169,863
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 01, micro). It does better than 20% of them on solvency, 18% on liquidity, 51% on profitability and 88% on growth.

The bankruptcy probability was computed on 08-11-2026 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 31-12-2024.

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, 1,083 companies had the same profile as LE REVE D'ICAR has now. Each dot stands for 3 companies, two years later.

96.8%
were still trading
2.2%
stopped another way
0.8%
went bankrupt
  • Micro
  • 20 years or older
  • solvency under 10%
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of LE REVE D'ICAR itself is higher: 1.1% within 12 months. It rests on far more data about LE REVE D'ICAR than the profile alone.

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 1,083 companies, not a prediction for LE REVE D'ICAR. 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 €500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

Liquidity is insufficient, with a current ratio of 0.16 (0.14 in 2023), below 1. Short-term debt is 61% and cash 3.4% of total assets. 93.8% 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

Seven signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 31-08-2025)
NBB · annual accounts
lowers risk · Sector: Crop and animal production, hunting and related service activities (NACE 01)
KBO
lowers risk · Size: total assets €169,863
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.16, cash €5,712
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 3907 sector peers (2024).
NBB · sector comparison
Position among 3907 sector peers
Solvency
better than 23%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 101 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline09-11-2026 today
raises risk · 2024 accounts filed 27 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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 filings
Deviation from the deadline
2025
not filed
2024
27 days late
2023
27 days late
2022
25 days late
2021
25 days late
2020
5 days early
2019
20 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 20 days after the deadline. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DT
Director, since 06-09-2002
CD
Director, since 01-08-2011
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0479134072
Appointments: David TAELEMANS (director) and Caroline DOCLOT (director) “L'activité de maréchal ferrant; L'exploitation de manège; L'organisation de cours d'équitation, de balades à…” (deed in French) · General meeting of 28-12-2023 · Gazette deed
First establishment Drève des Partisans 6, Rebecq
Incorporation published on 03-01-2003 · Gazette deed
All 30 events

Comparable companies

same main activity, similar in size and age
Company
LE REVE D'ICAR Ath €169,863 €27,043 6.2% -
JN Works Bornem €122,499 €23,861 -8.0% -
COTON VALLEY Aywaille €116,289 €27,664 79.6% -
Technical Hands on Management Construction Balen €169,536 €28,150 26.7% -
AGCon Maarkedal €127,611 €41,886 48.8% -
Olivier CRAHAY S.R.L. Verviers €159,869 €45,348 79.5% -
BERKENHOEVE Vorselaar €157,288 €26,976 96.0% -

These companies have the same main activity as LE REVE D'ICAR: support activities for animal production (NACE 01620). They are comparable in size and age: total assets between €116,000 and €170,000, founded between 1987 and 2010.

Official details

Source: KBO
Status
Active since 16-09-2002Normal situation
Activity
Support activities for animal productionNACE 01620and 1 other
Establishment unit
2.123.382.9531430 Rebecq, since 24-10-2002
Financial year end
31 December
Peppol
Reachable since 14-07-2025
Company details

Annual accounts 2024

€169,863▲ 7.7%
Filing
Filed on 27-08-2025
Financials

Insights on LE REVE D'ICAR

LE REVE D'ICAR files the micro format. That format states no turnover. The gross margin fell from €38,758 in 2006 to €27,043 in 2024.

The balance sheet grew most in 2008 through fixed assets, financed with long-term debt.

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 LE REVE D'ICAR

What is the company number of LE REVE D'ICAR?
The company number of LE REVE D'ICAR is 0479.134.072. The VAT number is the same number with BE in front: BE 0479.134.072.
Where is LE REVE D'ICAR based?
The registered office is at Chemin Naghin 4, 7823 Ath.Company details
What does LE REVE D'ICAR do?
According to the KBO register, the main activity is support activities for animal production (NACE 01620).
What is the legal form of LE REVE D'ICAR?
LE REVE D'ICAR is a private limited company (BV).
When was LE REVE D'ICAR founded?
LE REVE D'ICAR was founded on 16-09-2002.
Is LE REVE D'ICAR still active?
Yes, LE REVE D'ICAR is an active enterprise in the KBO register.
What is the turnover of LE REVE D'ICAR?
The turnover in financial year 2024 is ≈ €73,000. This figure is estimated from the gross margin of €27,043 and 40 comparable companies (NACE 01). It probably lies between €48,000 and €110,000.Financials
Is LE REVE D'ICAR profitable?
In financial year 2024, LE REVE D'ICAR made a profit of €3,832.
Where can I find the annual accounts of LE REVE D'ICAR?
LE REVE D'ICAR filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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