INTERNATIONAL CONSTRUCTION TACTICAL
ActiveINTERNATIONAL CONSTRUCTION TACTICAL has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19k and a net result of €-500. Equity is shrinking by ~24.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 95% of 3450 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability31▼-8
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 31.56 against 9.01 in 2024; short-term debt: 3.2% and cash: 0% of total assets), and 3.2% 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 risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
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 dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
96.8%
Return on assets
-2.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 filingsDeviation from the deadline
2025
24 d late
2024
120 d late
2023
58 d late
2022
32 d early
2021
323 d late
2020
688 d late
2019
132 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 monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€19k▼ 2.5%
2024 · €20k
2018: €82k
2019: €106k
2020: €58k
2021: €54k
2022: €36k
2023: €19k
2024: €20k
2018 → 2025
Total assets
€20k▼ 10.5%
2024 · €22k
2018: €147k
2019: €125k
2020: €70k
2021: €64k
2022: €47k
2023: €20k
2024: €22k
2018 → 2025
Net result
€-500
2024 · €122
2018: €38k
2019: €24k
2020: €-48k
2021: €-4k
2022: €-18k
2023: €-16k
2024: €122
2018 → 2025
Working capital
€19k▼ 2.5%
2024 · €20k
2018: €65k
2019: €99k
2020: €57k
2021: €54k
2022: €36k
2023: €19k
2024: €20k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€54k-€36k▼ 33.8%€19k▼ 45.8%€20k▲ 0.6%€19k▼ 2.5%
Operating result€-5k-€-17k▼ 218%€-5k▲ 71.1%€-1k▲ 79.1%€-2k▼ 47.2%
Net result€-4k-€-18k▼ 424%€-16k▲ 10.4%€122€-500
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2025 against €1k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €20k
Equity
€19k▼ 2.5%
Debt
€625▼ 74.5%
The debt ratio falls from 11.1% to 3.2%. Equity and debt are lower.
Key figures and ratios
Solvency
96.8%▲
2024 · 88.9%
Current ratio
31.56▲
2024 · 9.01
Quick ratio
31.56▲
2024 · 9.01
Debt / equity
0.03▼
2024 · 0.12
ROE
-2.6%▼
2024 · 0.6%
ROA
-2.5%▼
2024 · 0.6%
Debt
€625▼
2024 · €2k
Debt ≤ 1 year
€625▼
2024 · €2k
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€22k€20k▼
Formation expenses20€0€0=
Fixed assets21/28€0€0=
Tangible fixed assets22/27€0€0=
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€0€0=
Current assets29/58€22k€20k▼
Amounts receivable within one year40/41€22k€20k▼
Trade receivables40€1k€0▼
Other amounts receivable41€21k€20k▼
Cash at bank and in hand54/58€239€6▼
Equity and liabilities
Total equity and liabilities10/49€22k€20k▼
Equity10/15€20k€19k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-855€-1k▼
Amounts payable17/49€2k€625▼
Amounts payable within one year42/48€2k€625▼
Trade debts44€2k€625▼
Suppliers440/4€2k€625▼
Taxes, remuneration and social security45€0€0=
Taxes450/3€0€0=
Other amounts payable47/48-€0
Income statement
Code20242025
Other operating charges640/8€1k€480▼
Gross operating margin9900€248€-1k▼
Operating profit (loss)9901€-1k€-2k▼
Financial income75/76B€1k€1k▼
Recurring financial income75€1k€1k▼
Financial charges65/66B€42€59▲
Recurring financial charges65€42€59▲
Profit (loss) for the period before taxes9903€122€-500▼
Profit (loss) for the period9904€122€-500▼
Profit (loss) for the period to be appropriated9905€122€-500▼
Appropriation of the result
Profit (loss) to be appropriated9906€-855€-1k▼
Profit (loss) brought forward from the previous period14P€-976€-855▲
The notes to these accounts (14 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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
31-12
Financial
Liquidity quadruplescurrent ratio 31.56
Current ratio from 9.01 to 31.56; short-term debt falls from €2k to €625.
28-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 120 days late
2024
31-12
Financial
Back to profitnet €122
Net result €122 after 4 loss-making years.
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
31-12
Financial
Liquidity times 77current ratio 323.05
Current ratio from 4.17 to 323.05; short-term debt falls from €11k to €61.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
19-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 323 days late
19-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 688 days late
2020
31-12
Financial
Weakest financial yearnet €-48k ▼302%
Net result drops to €-48k, the lowest in the series; recovery starts the following year.
10-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 132 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 6.31
Current ratio from 2.22 to 6.31; short-term debt falls from €53k to €19k.
31-12
Financial
Equity above €100kEq €106k ▲29%
2 profitable years in a row build equity to €106k.
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 58 days late
05-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 189 days late
05-02
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 554 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Burdinne · 1 establishment unit since 2012
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.
Ruelle Curé(MAR) 14210 BurdinneGround area
1,742 m²
Building footprint
158 m²
Parcel 61006B0482/00F000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue Bois le Prêtre(BO) 7a, 4520 Wanze
since 20122.215.168.016
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61006B0482/00F000 | Wallonia | 1,742 m² | 1 · 158 m² | - |
Linked by address, not proof of ownership
Methodology
via establishment units: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
NAGG
BE 0767.556.644
Mons · Eq €19k
CARDIOTRIALS ZOL
BE 1002.642.181
Beringen · Eq €19k
KBPro
BE 0690.589.718
Malle · Eq €19k
d4front
BE 0793.353.397
Zoersel · Eq €19k
PhV Managimmo
BE 0546.576.291
Dalhem · Eq €19k
Of 4,566 companies in sector 74999 we hold annual accounts for 1,940. 1,280 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded11-12-2012
Fiscal year end31-12
Abbreviation FR
I.C. TACTICAL
Activities, NACEBEL
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
71121Engineering and related technical consultancy, excluding land surveyors
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.