Financials
Financial year 2025
ICOS VISION SYSTEMS CORPORATION from Leuven, company number BE0438068826, closed financial year 2025 with a result of € 371,117 after tax. For that financial year ICOS VISION SYSTEMS CORPORATION recorded revenue of € 88,097 and equity of € 26.9 million. Compared with financial year 2024, the result moved from € 64.7 million to € 371,117. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 9, 2025.
€ 26.9 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 371,117
▼ 99% vs 2024
Profit after tax over the fiscal year.
€ 6,489
▼ € 3.9 million vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 5 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 5,400
▼ 77% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 168 days on average.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 74,952 | € 79,438 | € 84,802 | € 88,097 | ▲ 4% |
| Profit after taxes | € 27,115,831 | € 1,428,159 | € 64,680,374 | € 371,117 | ▼ 99% |
| Equity | € 24,942,850 | € 26,371,009 | € 26,551,383 | € 26,922,500 | ▲ 1% |
| Total debts | € 29,412,856 | € 878,530 | € 1,146,221 | € 5,400 | ▼ € 1.1 million |
| Cash | € 30,569,355 | € 3,711,551 | € 3,951,644 | € 6,489 | ▼ € 3.9 million |
| Land & buildings | € 475,990 | € 475,990 | € 475,990 | € 475,990 | |
| Retained profit | € 3,040,620 | € 4,468,779 | € 4,649,153 | € 5,020,270 | ▲ 8% |
| Dividend | € 27,000,000 | € 0 | € 64,500,000 | € 0 | ▼ 100% |
| Balance sheet total | € 54,355,706 | € 27,249,538 | € 27,697,604 | € 26,927,900 | ▼ 3% |
Key figures of ICOS VISION SYSTEMS CORPORATION, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
Ask about ICOS VISION SYSTEMS CORPORATION the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to ICOS VISION SYSTEMS CORPORATION?
What happened at ICOS VISION SYSTEMS CORPORATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 371,117 (▼ 99% vs 2024). Source: NBB ↗
- Bren Higgins became a director. NBB
- Virendra Kirloskar became a director. NBB
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
In short
From € 27.1 million profit in 2022 to € 371,117 profit in 2025.
Paid € 791,967 in corporate taxes since 2022.
Best year ever: 2024, with € 64.7 million profit.
Paid out € 91.5 million in dividends to the owners in total.
Management
Behind ICOS VISION SYSTEMS CORPORATION are Bren Higgins and Virendra Kirloskar. It owns 100% of Icos Vision Systems Ltd and 100% of Icos Vision Systems itself.
Directors
According to the 2025 annual accounts
Bren Higgins
Director
since 2015
Virendra Kirloskar
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Esperantolaan 8C
3001 Leuven
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0438.068.826
- VAT number
- BE 0438.068.826
- Registered office
- Esperantolaan 8C, 3001 Leuven
- Names & denominations
- ICOS VISION SYSTEMS CORPORATION · IVSC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 July 1989
- Peppol
- Active · Active since 21 May 2025