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IC-IMMO

Active
Pagodenlaan 25 ·1020 Brussel, Belgium
KBO/BCE: BE 0802.697.665
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Age3 yrs
Board1
Real estate1 parcel · 1,150 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of IC-IMMO is 1.7% (moderate). The 2024 annual accounts show equity of €26k and a net result of €26k. Its solvency ranks better than 54% of 4951 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
1.7% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate region +Lower-failure-rate sector −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Filing behaviour

From the deposit records, complete market-wide
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 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.
How we compute the deadline
There is a single filed set of accounts, closing on 31-12. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2024 31-07-2025 26-09-2025 57 d late 2025-00505545

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

Turnover€84k
EBIT margin41.2%
Net result€26k
Working capital€-94k

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 26-09-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 68, Real estate activities · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 21.2% 16.7%
better than 54% of 4951 sector peers
Net result €26k €2k
better than 76% of 4943 sector peers
Equity €26k €27k
better than 49% of 4954 sector peers
Gross operating margin €50k €27k
better than 66% of 4937 sector peers
Total assets €123k €302k
better than 31% of 4953 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Depositmicro
Revenue€84k
EBITDA€46k
Net profit€26k
Cash flow€37k
Staff costs-
Income taxes€9k
Dividends€26k
Total assets€123k
Equity€26k
Debt€97k
of which ≤ 1y€97k
of which > 1y-
Working capital€-94k
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.03
Quick ratio0.03
Working capital ratio-76.1%
Solvency21.2%
Debt / equity3.72
Long-term debt ratio-
Interest coverage-
Gross margin59.4%
Net margin30.9%
ROA21.2%
ROE100.0%
EBITDA margin54.5%
Days sales outstanding4d
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€123k
Fixed assets 21/28€120k
Tangible fixed assets 22/27€120k
Current assets 29/58€3k
Amounts receivable within one year 40/41€971
Cash & bank 54/58€2k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€123k
Equity 10/15€26k
Reserves 13€26k
Amounts payable 17/49€97k
Amounts payable within one year 42/48€97k
Income statement
Turnover 70€84k
Gross operating margin 9900€50k
Operating result 9901€35k
Result before taxes 9903€35k
Income taxes 67/77€9k
Net result for the period 9904€26k
Result to be appropriated 9905€26k
Ratios computed by Checked.

Health barometer

FY 2024 · computed
43 / 100 Weak
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

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Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Directors

Directors & mandates

2 directors
Current directors & mandates
  • Chourouhou Ismail
    Director
    State Gazette act 26012087 (26-01-2026)
    Current
    19-01-2026 → present
    2 events
    • 19-01-2026 Appointed· Director
    • 05-09-2025 Resigned· Director
Former directors (1)
  • Laouej Nawal
    Director
    State Gazette act 25115370 (12-09-2025)
    Former
    05-09-2025 → 19-01-2026
    2 events
    • 19-01-2026 Resigned· Director
    • 05-09-2025 Appointed· Director
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Bemiddeling in verband met exploitatie van en handel in onroerend goed(68310)
Legal form Private limited company(610)
Incorporation13-06-2023
StatusActive
Postal code1020

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
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.

Pagodenlaan 251020 Brussel

Establishment units

1 location
IC-IMMO
Pagodenlaan 25, 1020 BrusselOntwikkeling van residentiële bouwprojecten
since 20232.346.934.103
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,150 m²
Buildings1
Building footprint379 m²
Volume (LiDAR)3,460 m³
Tallest building18.5 m · ±5 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21819D0058/04B000 Brussels 1,150 m² 1 · 379 m² 18.4 m · 5 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

3 acts
Address history · 1
12-09-2025
v3.2
All acts · 3 updated 6 months ago
2026
26-01-2026 1 director appointed, 1 resigning Director changes
  • Chourouhou Ismail, Bestuurder
  • Laouej Nawal, Bestuurder
Summary: v3.2
2025
12-09-2025 Registered office moved within Bruxelles Registered-office change
  • Avenue des Croix de l'Yser 27, 1120 Bruxelles → Avenue des Pagodes 25, 1120 Bruxelles
Summary: v3.2
2023
15-06-2023 Incorporation of a new SRL Incorporation
Summary: oprichting

Analysis

Snowflake analysis

financial profile on 5 axes
Health43Profitability100Solvency17Growth-Stability79
60 / 100

Strong profile, led by profitability.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 43
Profitability 100
Solvency 17
Growth -
Stability 79

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 1,363 of the 11,731 companies in this sector. 1,090 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Bemiddeling in verband met exploitatie van en handel in onroerend goed68310Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis68311Schatten en evalueren van onroerend goed voor een vast bedrag of op contractbasis68312Schatten en evalueren van onroerend goed voor een vast bedrag of op contractbasis68322
Primary activity highlighted.
Names & trade names
Legal nameFR IC-IMMO
Registered office
Pagodenlaan 25
1020 Brussel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.