ICE-MOUNTAIN
ActiveSummary
ICE-MOUNTAIN has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €905k and a net result of €187k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 42% of 810 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+18
Solvency47▲+7
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity short (current ratio 0.72 against 0.72 in 2024; short-term debt: 70.4% and cash: 10.3% of total assets), and 77.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
22.5%
Return on assets
4.7%
Age of the figures
12 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €905k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
5 d early
2023
4 d early
2022
31 d early
2021
1 d early
2020
on the day
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€5.32M
EBIT margin
3.7%
Net result
€187k
2024 · €-5k
2018: €100k
2019: €2k
2020: €91k
2021: €-576k
2022: €128k
2023: €152k
2024: €-5k
2018 → 2025
Working capital
€-785k▼ 7.6%
2024 · €-730k
2018: €-107k
2019: €22k
2020: €235k
2021: €-173k
2022: €-19k
2023: €8k
2024: €-730k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€5.32M
Equity€286k-€414k▲ 44.9%€566k▲ 36.8%€561k▼ 0.9%€905k▲ 61.2%
Operating result€-569k-€133k€192k▲ 44.8%€33k▼ 82.7%€199k▲ 498%
Net result€-576k-€128k€152k▲ 18.6%€-5k€187k
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 498% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.02M
Fixed assets
€1.98M ▲ 11.7%
Current assets
€2.05M ▲ 10.5%
Equity and liabilities €4.02M
Equity
€905k ▲ 61.2%
Debt
€3.12M ▲ 1.9%
Debt's share of the balance-sheet total falls from 84.5% to 77.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€578k▲
2024 · €328k
Cash flow
€566k▲
2024 · €290k
Current ratio
0.72▲
2024 · 0.72
Quick ratio
0.71▲
2024 · 0.71
Debt to equity
3.45▼
2024 · 5.45
ROE
20.7%▲
2024 · -0.9%
ROA
4.7%▲
2024 · -0.1%
Interest coverage
7.63▲
2024 · 4.17
Debt ≤ 1 year
€2.83M▲
2024 · €2.58M
Debt > 1 year
€214k▼
2024 · €371k
Income taxes
€179▼
2024 · €342
Staff costs
€1.43M▼
2024 · €1.91M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 76 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.62M€4.02M▲
Fixed assets21/28€1.77M€1.98M▲
Tangible fixed assets22/27€1.77M€1.98M▲
Land and buildings22€1.37M€1.50M▲
Plant, machinery and equipment23€110k€170k▲
Furniture and vehicles24€290k€279k▼
Leasing and similar rights25-€31k
Current assets29/58€1.85M€2.05M▲
Stocks and contracts in progress3€30k€39k▲
Stocks30/36€30k€39k▲
Goods purchased for resale34-€39k
Amounts receivable within one year40/41€1.54M€1.54M▲
Trade receivables40€233k€382k▲
Other amounts receivable41€1.31M€1.16M▼
Cash at bank and in hand54/58€259k€416k▲
Deferred charges and accrued income490/1€23k€51k▲
Equity and liabilities
Total equity and liabilities10/49€3.62M€4.02M▲
Equity10/15€561k€905k▲
Contributions10/11€647k€647k=
Capital10€647k€647k=
Issued capital100€647k€647k=
Reserves13€215k€215k=
Non-distributable reserves130/1€65k€65k=
Legal reserve130€65k€65k=
Tax-exempt reserves132€39k€39k=
Distributable reserves133€111k€111k=
Profit (loss) carried forward14€-300k€-113k▲
Investment grants15-€156k
Amounts payable17/49€3.06M€3.12M▲
Amounts payable after more than one year17€371k€214k▼
Financial debts170/4€371k€214k▼
Leasing and similar obligations172-€35k
Credit institutions173-€179k
Amounts payable within one year42/48€2.58M€2.83M▲
Current portion of amounts payable after more than one year42€203k€188k▼
Financial debts43-€520k
Credit institutions430/8-€520k
Trade debts44€504k€521k▲
Suppliers440/4€504k€521k▲
Advances received on contracts in progress46€179k€233k▲
Taxes, remuneration and social security45€277k€156k▼
Taxes450/3€48k€15k▼
Remuneration and social security454/9€229k€141k▼
Other amounts payable47/48€1.42M€1.21M▼
Accrued charges and deferred income492/3€108k€72k▼
Income statement
Code20242025
Operating income70/76A-€5.33M
Turnover70-€5.32M
Other operating income74-€11k
Non-recurring operating income76A€18k€0▼
Operating charges60/66A-€5.13M
Goods for resale, raw materials and consumables60-€1.20M
Purchases600/8-€1.21M
Change in stocks: decrease (increase)609-€-9k
Services and other goods61-€2.00M
Remuneration, social security and pensions62€1.91M€1.43M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€295k€379k▲
Other operating charges640/8€58k€61k▲
Non-recurring operating charges66A€19k€55k▲
Gross operating margin9900€2.31M-
Operating profit (loss)9901€33k€199k▲
Financial income75/76B€41k€87k▲
Recurring financial income75€41k€87k▲
Income from current assets751-€31k
Other financial income752/9-€56k
Financial charges65/66B€79k€98k▲
Recurring financial charges65€79k€98k▲
Debt charges650-€76k
Other financial charges652/9-€22k
Profit (loss) for the period before taxes9903€-5k€188k▲
Income taxes67/77€342€179▼
Taxes670/3-€179
Profit (loss) for the period9904€-5k€187k▲
Profit (loss) for the period to be appropriated9905€-5k€187k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-300k€-113k▲
Profit (loss) brought forward from the previous period14P€-295k€-300k▼
Social balance
Average headcount (FTE)908737.629.6▼
The notes to these accounts (59 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
State Gazette act
Board meeting · Director appointment
Director resignation
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-09
Financial
Back to profitnet €187k
Net result €187k after one loss-making year.
25-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
26-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Equity above €500kEq €566k ▲36.8%
2 profitable years in a row build equity to €566k.
30-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Back to profitnet €128k
Net result €128k after one loss-making year.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Weakest financial yearnet €-576k ▼736%
Net result drops to €-576k, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
25-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Comines-Warneton · 1 establishment unit since 2002
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.
Capellestraat(KOM) 167780 Comines-WarnetonGround area
3.0 ha
Building footprint
44 m²
Volume, LiDAR
116 m³
Parcel 54002C1239/00E002, Wallonia · tallest building 2.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ICE MOUNTAIN
since 20022.114.651.666
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54002C1239/00E002 | Wallonia | 3.0 ha | 1 · 44 m² | 2.7 m · 1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteComines-Warneton/Komen-Waasten2.114.651.666
Similar companies · same sector, comparable size
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REMACO
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MARTINELL
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't ZOET GENOT
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ZODIAC
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Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 4,540 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded31-05-2002
Fiscal year end30-09
Activities, NACEBEL 2025
56111Full-service restaurants
93293Sports, amusement and recreation activities
35300Electricity, gas, steam and air conditioning supply
46499Wholesale of other household goods
47789Other retail sale of new goods
93110Operation of sports facilities
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.