ICADIS

Active

Public limited companyfounded 1983active for 42 yearsLieven Gevaertstraat 6, 2950 Kapellen, BelgiumKBO/BCE: BE 0424.810.411

Summary

ICADIS has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €500,445 and a net result of €224,763. Equity remains stable across the filed financial years (±0.6% per year). Its solvency ranks better than 34% of 544 sector peers (NACE 81, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow Report Compare

ICADISActiveChecked score 88/100

Risk analysis Report Compare

Activity

Other building cleaning and industrial cleaning

NACE 81220Wholesale of other machinery and equipment NACE 46649

4th oldest company in Kapellen, Administrative and support services sector1 site

Size

€3.5mturnover 2025

Staff: 23.9 FTE
Equity: €500,445
Profit: €224,763

Financial health

88 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.2%

Structure

Parent: Advanced Fire Technologies · 100%
Holdings: 2

UNICORN REAL ESTATEManaging director · permanent representative Gaëtan PIRET
DarinDDirector · permanent representative Christian Praet

Auditor: BDO Réviseurs d'EntrepriseAccounts 2 days early5 of 10 deeds read

Why 88raises riskSector: Services to buildings and landscape activities (NACE 81)lowers riskFounded in 1983Liquidity: current ratio 1.49, cash €305,775Profit of €224,763 (financial year 2025)Show the evidence

Checked score

Score 2025

88 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 39% of its sector peers (NACE 81, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 53-35

equity 28.4% of total assets

Liquidity 41-20

short-term debt 59.9% · cash 17.4%

Profitability 74+9

return on assets 12.8%

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (479 companies, NACE 81, small)

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

Credit of up to €40,000 on 30-day terms is acceptable

Liquidity tight (current ratio 1.49, compared with 2.54 in 2024, below the usual 1.5; short-term debt: 59.9% and cash: 17.4% of total assets), and 71.6% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 81, small): better than 34% on solvency, 34% on liquidity, 56% on profitability and 32% on growth.

The bankruptcy probability was computed on 23-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Sector: Services to buildings and landscape activities (NACE 81)

KBO

Founded in 1983

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Liquidity: current ratio 1.49, cash €305,775

NBB · annual accounts

Profit of €224,763 (financial year 2025)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

2 days early

2024

13 days early

2023

12 days early

2022

354 days late

2021

73 days late

2020

79 days late

2019

115 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 85 days after the deadline; the sector median (NACE 81) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 July (4 of the last 5 filed years within 75 days of that day).

Companies Code · seven months

Where today falls in the filing period

24-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

29-07-2026 Annual accounts filedfinancial year 2025 · full…
23-01-2026 Permanent representatives: Christian PRAET and Gaëtan…Appointment: Unicorn Real Estate (managing…
09-10-2025 Resignation: BV TERRASAFE (director)Permanent representatives: Charles-Guillaume D'udekem-Gentinnes and…

Key points

Positive: Result rose in 2025from €72,773 to €224,763 ▲ 209% View
Positive: 4th oldest company in Kapellen, Administrative and support services sectorin the Checked rankings No. 4 View
Controlled by Advanced Fire Technologiesthe company in turn controls 1 companies 100% View

By topic

Financials

Financial year: 2025
Turnover: €3.5m
Profit: €224,763
Solvency: 28.4%

Turnover▲ 7.8%

Net result

20182025

Go to Financials

Board & ownership

Board: 2 members
Parent: Advanced Fire Technologies · 100%
Auditor: BDO Réviseurs d'Entreprise

UNICORN REAL ESTATEManaging director
DarinDDirector

Go to Board & ownership

Network & group

Subsidiaries: 1
Holdings: 2
Connected companies: 8

2 holdings

Go to Network & group

Timeline

Events: 49
Since: 1985
Next accounts: by 31-07-2027

25-09-2025Resignations: Charles-Guillaume D'udekem-Gentinnes (director) and RSM INTERAUDIT…
18-07-2025Annual accounts filed
19-07-2024Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Other building cleaning and industrial cleaningNACE 81220
Founded: 14-11-1983
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 27

Who signs: Each director alone
Annual meeting: First Friday of June at 12:00
Purpose: “De handel,de invoer-,uitvoer,de installatie,het onderhoud,het nazicht,de herstelling en de…” (deed in Dutch)

Go to Articles of association

Key facts about ICADIS

What is the company number of ICADIS?: 0424.810.411. In Belgium the VAT number is the company number with BE in front: BE 0424.810.411.
Where is ICADIS based?: The registered office is at Lieven Gevaertstraat 6, 2950 Kapellen.Company details
What does ICADIS do?: According to the KBO register, the main activity is other building cleaning and industrial cleaning (NACE 81220).
What is the legal form of ICADIS?: Public limited company (NV).
When was ICADIS founded?: On 14-11-1983.
Is ICADIS still active?: Yes, ICADIS is an active enterprise in the KBO register.
How many employees does ICADIS have?: On average 23.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of ICADIS?: €3.5m in financial year 2025, according to the filed annual accounts.
Is ICADIS profitable?: In financial year 2025, ICADIS made a profit of €224,763.
Where can I find the annual accounts of ICADIS?: ICADIS filed 42 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ICADIS due?: By 31-07-2027, for financial year 2026.Timeline

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How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check Which other companies belong to the same group?Advanced Fire Technologies · 11 companies

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Overview