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SUBSICONSEILS

Active Public limited companyfounded 1991active for 35 yearsTerhulpsesteenweg 150, 1170 Watermael-BoitsfortKBO/BCE: BE 0444.417.277

Lifetime

20 annual accounts with figures on one time axis, 34 filings since 1992
peak €1.5m (2014)
€199,829▼ 36.4%
lowest -€246,577 (2007)
-€22,389▼ €105,050
peak €232,640 (2024)
€209,800▼ 9.8%
€120,812▼ 27.8%
peak 43.6 FTE (2010)
-not published
Board4 names since 2016
1 director
Documentsfilings and deeds
24-07-20267 days before the deadline
2025micro format
Gross margin from €313,962 to €199,829Loss of €22,389Debts from €167,245 to €120,812

Key points

from the 2025 annual accounts

Result

-€22,389 -€22,389
€82,7002024-€22,4002025

From profit to loss in 2025, after a profit of €82,662 in 2024.

Turnover

≈ €340,000 estimated

The micro format states no turnover.

Staff

2.5 FTE from 43.6 in 2010

Between 2010 and 2025, 94% of the full-time equivalents disappeared.

Filings

34 annual accounts since 1992
AprilJune31 JulyOctober200020102020

Seven of the last ten came late. The 2016 accounts came latest: 50 days after the end of the period.

Position in the sector

-€22,389

Lower net result than 93% of companies in head offices and management consultancy. Sector median €26,448 · 41,229 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 12,322 companies had the same profile as SUBSICONSEILS has now. Each dot stands for 31 companies, two years later.

90.3%
were still trading
8.5%
stopped another way
0.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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 2.9% 3.1%
10 5.6% 6.1%

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 12,322 companies, not a prediction for SUBSICONSEILS. 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

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Signals

Board and ownership

Managing director

Shares in 1 company,

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0444417277
Company renamed from ICECO to SUBSICONSEILS Resignation: (director) · Reappointment: (sole director) · “La prestation de service et le conseil en stratégie,gestion,organisation et système d’informations; La…” (deed in French) · Gazette deed
Registered office moved from Brussels to Watermael-Boitsfort New registered office: Chaussée de la Hulpe 150 à 1170 Watermael-Boitsfort · Previous registered office: Chaussée de Louvain 775, 1140 Bruxelles · General meeting of 27-01-2022 · Gazette deed
Reappointments: (managing director) and (director) General meeting of 30-06-2021 · Gazette deed
All 50 events

Comparable companies

same main activity, similar in size and age
Company
SUBSICONSEILS Watermael-Boitsfort €330,612 €199,829 63.5% -
SOVERCOM Evere €379,419 €168,056 86.4% -
BRADOM Mortsel €298,102 €181,610 66.7% -
AFOREST BELGIUM Charleroi €391,057 €223,991 19.8% 2
OUTSOURCE MARKETING AND COMMUNICATIONS Aalst €368,523 €232,814 57.4% 2.7
SYNECO Agence conseil en économie sociale Sambreville €388,960 €224,878 28.9% 2.3
JAY Ghent €296,878 €178,031 80.9% -

These companies have the same main activity as SUBSICONSEILS: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €297,000 and €391,000, founded between 1987 and 1993.

Official details

Source: KBO
Status
Active since 11-06-1991Normal situation
Registered office
233 active companies are registered at this address23 started in the 12 months before. Source: KBO register, as of 12 November 2026.
Activity
Business and other management consultancyNACE 70200and 2 others
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.170.502.0881170 Watermael-Boitsfort, since 14-04-2008
Financial year end
31 December
Peppol
Reachable since 07-12-2025
Company details

Annual accounts 2025

€330,612▼ 17.3%
Employeeson 31-12-2025
3=
Filing
Filed on 24-07-2026, 7 days before the end of the filing period
Financials

Insights on SUBSICONSEILS

SUBSICONSEILS files the micro format. That format states no turnover. The gross margin fell from €1.0m in 2006 to €199,829 in 2025.

In November 2021, the Official Gazette published the appointment of as managing director.

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 SUBSICONSEILS

What is the company number of SUBSICONSEILS?
The company number of SUBSICONSEILS is 0444.417.277. The VAT number is the same number with BE in front: BE 0444.417.277.
Where is SUBSICONSEILS based?
The registered office is at Terhulpsesteenweg 150, 1170 Watermael-Boitsfort.Company details
What does SUBSICONSEILS do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of SUBSICONSEILS?
SUBSICONSEILS is a public limited company (NV).
When was SUBSICONSEILS founded?
SUBSICONSEILS was founded on 11-06-1991.
Is SUBSICONSEILS still active?
Yes, SUBSICONSEILS is an active enterprise in the KBO register.
How many employees does SUBSICONSEILS have?
SUBSICONSEILS had an average of 2.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does SUBSICONSEILS fall under?
In its 2025 annual accounts, SUBSICONSEILS states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of SUBSICONSEILS?
The turnover in financial year 2025 is ≈ €340,000. This figure is estimated from the gross margin of €199,829 and 109 comparable companies (NACE 70200). It probably lies between €290,000 and €400,000.
Is SUBSICONSEILS profitable?
In financial year 2025, SUBSICONSEILS made a loss of €22,389.
Where can I find the annual accounts of SUBSICONSEILS?
SUBSICONSEILS filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SUBSICONSEILS due?
SUBSICONSEILS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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