LE REVE D'ICAR
ActiveSummary
LE REVE D'ICAR has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €11k and a net result of €4k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 23% of 3941 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability72▼-3
Solvency31▲+2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.16 against 0.14 in 2023; short-term debt: 61% and cash: 3.4% of total assets), and 93.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 01
Relative position
BE, all sectors
reference
Sector 01
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 2024Solvency, return and age of the figures
Solvency
6.2%
Return on assets
2.3%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 3941 sector peers (2024).
NBB · sector comparisonPosition among 3941 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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
not confirmed
2024
27 d late
2023
27 d late
2022
25 d late
2021
25 d late
2020
5 d early
2019
20 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€11k▲ 57.1%
2023 · €7k
2018: €-11k
2019: €-5k
2020: €-7k
2021: €5k
2022: €-2k
2023: €7k
2018 → 2024
Total assets
€170k▲ 7.7%
2023 · €158k
2018: €190k
2019: €162k
2020: €142k
2021: €169k
2022: €156k
2023: €158k
2018 → 2024
Net result
€4k▼ 54.4%
2023 · €8k
2018: €5k
2019: €6k
2020: €-2k
2021: €12k
2022: €-7k
2023: €8k
2018 → 2024
Working capital
€-87k▼ 13.2%
2023 · €-77k
2018: €-19k
2019: €-17k
2020: €-24k
2021: €-51k
2022: €-69k
2023: €-77k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-7k-€5k€-2k€7k€11k▲ 57.1%
Operating result€3k-€17k▲ 427%€-3k€11k€6k▼ 50.0%
Net result€-2k-€12k€-7k€8k€4k▼ 54.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 50% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €169k
Fixed assets
€153k ▲ 6.1%
Current assets
€16k ▲ 30.0%
Equity and liabilities €170k
Equity
€11k ▲ 57.1%
Debt
€159k ▲ 5.5%
Debt's share of the balance-sheet total falls from 95.7% to 93.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€26k▲
2023 · €25k
Cash flow
€24k▲
2023 · €22k
Current ratio
0.16▲
2023 · 0.14
Quick ratio
0.12▲
2023 · 0.10
Debt to equity
15.11▼
2023 · 22.50
ROE
36.4%▼
2023 · 125.3%
ROA
2.3%▼
2023 · 5.3%
Interest coverage
15.31▲
2023 · 9.58
Debt ≤ 1 year
€104k▲
2023 · €90k
Debt > 1 year
€56k▼
2023 · €61k
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 · 2024 against 2023 · 42 lines
Balance sheet
Code20232024
Assets
Total assets20/58€158k€170k▲
Formation expenses20€1k€1k▼
Fixed assets21/28€144k€153k▲
Tangible fixed assets22/27€144k€153k▲
Land and buildings22€144k€128k▼
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€0€24k▲
Current assets29/58€12k€16k▲
Stocks and contracts in progress3€3k€4k▲
Stocks30/36€3k€4k▲
Amounts receivable within one year40/41€898€4k▲
Trade receivables40€898€4k▲
Cash at bank and in hand54/58€6k€6k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€158k€170k▲
Equity10/15€7k€11k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-12k€-8k▲
Amounts payable17/49€151k€159k▲
Amounts payable after more than one year17€61k€56k▼
Financial debts170/4€21k€16k▼
Other amounts payable178/9€40k€40k=
Amounts payable within one year42/48€90k€104k▲
Current portion of amounts payable after more than one year42€12k€6k▼
Trade debts44€986€571▼
Suppliers440/4€986€571▼
Taxes, remuneration and social security45€3k€3k▼
Taxes450/3€3k€3k▼
Other amounts payable47/48€73k€95k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€20k▲
Other operating charges640/8€1k€1k▼
Gross operating margin9900€26k€27k▲
Operating profit (loss)9901€11k€6k▼
Financial income75/76B-€5
Recurring financial income75-€5
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€8k€4k▼
Profit (loss) for the period9904€8k€4k▼
Profit (loss) for the period to be appropriated9905€8k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-12k€-8k▲
Profit (loss) brought forward from the previous period14P€-20k€-12k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial
Weakest financial yearnet €-7k ▼153%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
02-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 2 days late
2016
09-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Ath · 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.
Chemin Naghin(GIB) 47823 AthGround area
1,385 m²
Building footprint
708 m²
Volume, LiDAR
4,006 m³
2 parcels, Wallonia · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Drève des Partisans 6, 1430 Rebecq
since 20022.123.382.953
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51025B0165/00H000 | Wallonia | 829 m² | 1 · 647 m² | 9.8 m · 2 fl. |
| 25090B0017/00E000 | Wallonia | 556 m² | 1 · 61 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
EVRARD JL IMMO
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CARLI HOEFSMEDERIJ
BE 0898.258.206
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PRECISION FARRIERS
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ELINE BORREY-DE CONINCK SPORTHORSES
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Of 1,581 companies in sector 01620 we hold annual accounts for 218. 101 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 formPrivate limited company
Founded16-09-2002
Fiscal year end31-12
Activities, NACEBEL 2025
01620Support activities for animal production
93110Operation of sports facilities
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.