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I.C.M. LABARQUE

Active
Private limited companyfounded 200521 yrs activeRoterijstraat 71, 8790 Waregem, BelgiumKBO/BCE: BE 0872.102.947

I.C.M. LABARQUE has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €162k and a net result of €16k. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 30% of 16932 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
66 / 100
Healthy= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability51▼-1
Solvency50▲+1
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity short (current ratio 0.88 against 0.95 in 2024), and 66.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 21 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
33.3%
Return on assets
3.4%
Age of the figures
8 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €162k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 10 filings
Deviation from the deadline
2025
27 d late
2024
61 d late
2023
30 d late
2022
38 d early
2021
60 d late
2020
115 d late
2019
91 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€162k▲ 11.3%
2024 · €145k
2018: €127k 2019: €138k 2020: €151k 2021: €154k 2022: €132k 2023: €130k 2024: €145k
2018 → 2025
Total assets
€486k▲ 6.7%
2024 · €455k
2018: €289k 2019: €303k 2020: €277k 2021: €265k 2022: €439k 2023: €441k 2024: €455k
2018 → 2025
Net result
€16k▲ 9.6%
2024 · €15k
2018: €12k 2019: €21k 2020: €14k 2021: €5k 2022: €4k 2023: €9k 2024: €15k
2018 → 2025
Working capital
€-20k▼ 311%
2024 · €-5k
2018: €110k 2019: €122k 2020: €100k 2021: €117k 2022: €52k 2023: €-10k 2024: €-5k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€154k-€132k▼ 14.5%€130k▼ 1.1%€145k▲ 11.5%€162k▲ 11.3%
Operating result€13k-€13k▲ 1.7%€24k▲ 84.6%€17k▼ 29.1%€34k▲ 96.5%
Net result€5k-€4k▼ 20.8%€9k▲ 127%€15k▲ 61.3%€16k▲ 9.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20k€30kOperating result 2021: €13k€13kNet result 2021: €5k€5kOperating result 2022: €13k€13kNet result 2022: €4k€4kOperating result 2023: €24k€24kNet result 2023: €9k€9kOperating result 2024: €17k€17kNet result 2024: €15k€15kOperating result 2025: €34k€34kNet result 2025: €16k€16k20212022202320242025
The operating result recovers in 2025; 2025 is 97% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €486k
Fixed assets €342k▼ 2.8%
Current assets €144k▲ 39.2%
Equity and liabilities €486k
Equity €162k▲ 11.3%
Debt €324k▲ 4.5%
The debt ratio falls from 68.0% to 66.7%: equity grows faster than debt.
Key figures and ratios
2025 value · change against 2024
EBITDA
€80k
2024 · €56k
Cash flow
€62k
2024 · €53k
Solvency
33.3%
2024 · 32.0%
Current ratio
0.88
2024 · 0.95
Quick ratio
0.84
2024 · 0.88
Debt / equity
2.00
2024 · 2.13
ROE
10.1%
2024 · 10.3%
ROA
3.4%
2024 · 3.3%
Interest coverage
9.23
2024 · 6.90
Debt
€324k
2024 · €310k
Debt ≤ 1 year
€164k
2024 · €108k
Debt > 1 year
€157k
2024 · €199k
Income taxes
€9k
2024 · €8k
Staff costs
€72k
2024 · €64k
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€455k€486k
Fixed assets21/28€352k€342k
Intangible fixed assets21€15k€10k
Tangible fixed assets22/27€337k€332k
Land and buildings22€212k€205k
Plant, machinery and equipment23€14k€13k
Furniture and vehicles24€111k€114k
Current assets29/58€103k€144k
Stocks and contracts in progress3€8k€6k
Stocks30/36€8k€6k
Amounts receivable within one year40/41€61k€87k
Trade receivables40€58k€83k
Other amounts receivable41€3k€4k
Cash at bank and in hand54/58€33k€51k
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€455k€486k
Equity10/15€145k€162k
Contributions10/11€36k€36k=
Reserves13€109k€126k
Distributable reserves133€109k€126k
Amounts payable17/49€310k€324k
Amounts payable after more than one year17€199k€157k
Financial debts170/4€199k€157k
Amounts payable within one year42/48€108k€164k
Current portion of amounts payable after more than one year42€48k€42k
Trade debts44€22k€39k
Suppliers440/4€22k€39k
Taxes, remuneration and social security45€30k€27k
Taxes450/3€17k€13k
Remuneration and social security454/9€14k€14k
Other amounts payable47/48€8k€56k
Accrued charges and deferred income492/3€2k€3k
Income statement Code20242025
Remuneration, social security and pensions62€64k€72k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€46k
Other operating charges640/8€2k€2k
Gross operating margin9900€121k€154k
Operating profit (loss)9901€17k€34k
Financial income75/76B€14k€24
Recurring financial income75€1€24
Non-recurring financial income76B€14k-
Financial charges65/66B€8k€9k
Recurring financial charges65€8k€9k
Profit (loss) for the period before taxes9903€23k€25k
Income taxes67/77€8k€9k
Profit (loss) for the period9904€15k€16k
Profit (loss) for the period to be appropriated9905€15k€16k
Appropriation of the result
Profit (loss) to be appropriated9906€15k€16k
Transfer to equity691/2€15k€16k
To other reserves6921€15k€16k

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial Equity above €150kEq €162k ▲11.3%
8 profitable years in a row build equity to €162k.
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
23-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet €4k ▼20.8%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
29-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
23-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 115 days late
2020
31-12
Financial Equity above €150kEq €151k ▲9.1%
3 profitable years in a row build equity to €151k.
30-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial Highest result since 2018net €21k ▲67.8%
Net result €21k, the highest in the series.
31-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 92 days late
2018
05-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 66 days late
2017
28-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Waregem · 1 establishment unit since 2005
establishment The establishment unit on the map
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.

Roterijstraat 718790 Waregem
Ground area
691 m²
Building footprint
180 m²
Volume, LiDAR
1,121 m³
Parcel 34453D0109/00R000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
I.C.M. LABARQUE
Roterijstraat 71, 8790 WaregemRaising of dairy cattle
since 20052.145.632.080
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34453D0109/00R000 Flanders 691 m² 1 · 180 m² 9.3 m · 2 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 · 1 entry · 74 EUR awarded · 74 EUR paid
Year Entries awardedpaid
2022 1 74 EUR74 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 74 EUR · 74 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 16,807 companies in sector 62100 we hold annual accounts for 8,747. 6,779 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded24-02-2005
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
72100
72220
62020IT consultancy
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.