I.COM SUBIET
I.COM SUBIET has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-11k) and a net result of €-15k. Equity is shrinking by ~56% per year across the filed fiscal years. Its solvency ranks better than 5% of 8388 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
| Equity | €-11k |
| Net result | €-15k |
| Better than sector | 5% |
| Active | 25 yrs |
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -26.1% | 53.1% | |
| Net result | €-15k | €38k | |
| Equity | €-11k | €354k | |
| Gross operating margin | €-1k | €87k | |
| Total assets | €41k | €923k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | €23k | €26k | €41k | €26k | €12k |
| EBITDA | €-1k | €3k | €6k | €8k | €-3k |
| Net profit | €-15k | €-10k | €-6k | €1k | €-10k |
| Cash flow | €-2k | €3k | €6k | €7k | €-3k |
| Staff costs | - | - | - | - | - |
| Income taxes | - | - | - | €431 | - |
| Dividends | - | - | - | - | - |
| Total assets | €41k | €47k | €56k | €32k | €148k |
| Equity | €-11k | €4k | €14k | €20k | €19k |
| Debt | €52k | €43k | €42k | €12k | €129k |
| of which ≤ 1y | €52k | €43k | €42k | €12k | €129k |
| of which > 1y | - | - | - | - | - |
| Working capital | €-32k | €-28k | €-22k | €6k | €-988 |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 0.39 | 0.36 | 0.48 | 1.48 | 0.99 |
| Quick ratio | 0.39 | 0.36 | 0.48 | 1.48 | 0.99 |
| Working capital ratio | -77.2% | -58.4% | -38.9% | 18.3% | -0.7% |
| Solvency | -26.1% | 8.5% | 24.8% | 61.8% | 12.8% |
| Debt / equity | -4.83 | 10.78 | 3.03 | 0.62 | 6.79 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | -10.37 | 21.80 | 36.80 | 66.61 | -25.08 |
| Gross margin | -14.8% | -3.2% | 5.8% | -3.2% | -28.5% |
| Net margin | -64.0% | -37.0% | -15.1% | 4.4% | -86.9% |
| ROA | -35.8% | -20.7% | -11.3% | 3.4% | -6.9% |
| ROE | 137.4% | -244.4% | -45.4% | 5.6% | -53.5% |
| EBITDA margin | -6.1% | 11.5% | 14.5% | 29.6% | -28.5% |
| Days sales outstanding | 97d | 101d | 44d | 91d | 3353d |
| Days payable outstanding | 17d | 29d | 16d | 4d | 162d |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €41k | €47k | €56k | €32k | €148k |
| Fixed assets | 21/28 | €21k | €32k | €35k | €14k | €20k |
| Tangible fixed assets | 22/27 | €20k | €31k | €35k | €14k | €19k |
| Financial fixed assets | 28 | €600 | €600 | €600 | €600 | €600 |
| Current assets | 29/58 | €20k | €16k | €20k | €18k | €128k |
| Amounts receivable within one year | 40/41 | €9k | €11k | €9k | €6k | €126k |
| Cash & bank | 54/58 | €11k | €5k | €11k | €12k | €2k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €41k | €47k | €56k | €32k | €148k |
| Equity | 10/15 | €-11k | €4k | €14k | €20k | €19k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k | €19k |
| Reserves | 13 | €620 | €620 | €620 | €620 | €620 |
| Accumulated profits (losses) | 14 | €-30k | €-15k | €-5k | €841 | €-274 |
| Amounts payable | 17/49 | €52k | €43k | €42k | €12k | €129k |
| Amounts payable within one year | 42/48 | €52k | €43k | €42k | €12k | €129k |
| Trade debts payable within one year | 44 | €1k | €2k | €2k | €306 | €7k |
| Income statement | ||||||
| Turnover | 70 | €23k | €26k | €41k | €26k | €12k |
| Gross operating margin | 9900 | €-1k | €3k | €6k | €8k | €-3k |
| Operating result | 9901 | €-15k | €-10k | €-6k | €2k | €-10k |
| Financial income | 75 | €0 | €0 | - | - | - |
| Financial charges | 65 | €136 | €140 | €163 | €114 | €132 |
| Result before taxes | 9903 | €-15k | €-10k | €-6k | €2k | €-10k |
| Income taxes | 67/77 | - | - | - | €431 | - |
| Net result for the period | 9904 | €-15k | €-10k | €-6k | €1k | €-10k |
| Result to be appropriated | 9905 | €-15k | €-10k | €-6k | €1k | €-10k |
-
BRUELEMANS AlainDirectorState Gazette act 24428029 (12-09-2024)Current12-09-2024 → present
| NACE primary | Business and other management consultancy(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 27-10-2000 |
| Status | Active |
| Postal code | 1000 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21812N1158/00B000 | Brussels | 83 m² | 1 · 82 m² | 15.9 m · 5 fl. |
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
12-09-2024 BRUELEMANS Alain appointed as director
- BRUELEMANS Alain, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "administrateur",
"person": {
"rrn": null,
"name": "BRUELEMANS Alain",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "renewal",
"subkind": "renewal",
"via_org": null,
"statutory": "niet_statutair",
"compensated": false,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
}
],
"notary": {
"name": "Dimitri CLEENEWERCK de CRAYENCOUR",
"firm_city": null,
"firm_name": null,
"office_city": "Bruxelles",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2024-09-12",
"filing_date": "2024-09-10",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2024-05-31",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0473.142.541",
"name_full": "I.COM SUBIET",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Dimitri CLEENEWERCK de CRAYENCOUR",
"org_rep_person_name": null,
"person_role_at_subject": "notaire"
},
"co_filed_documents": [
"exp\u00E9dition conforme de l\u0027acte",
"procurations",
"statuts coordonn\u00E9s"
],
"corrected_publication_numac": null
}| Legal nameFR | I.COM SUBIET |