Active · per the CBE, 29 September 2026

ICOS VISION SYSTEMS CORPORATION

BE0438068826

Rechtspersoon Private limited company 1 establishment

Esperantolaan 8C, 3001 Leuven

Behind the company: Bren Higgins, Virendra Kirloskar.

Active for

37 year, 2 months

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.

What it is worth Growing

€ 26.9 million

▲ 1% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 371,117

▼ 99% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 6,489

▼ € 3.9 million vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 5 million.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 5,400

▼ 77% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 168 days on average.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 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.

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

Bren Higgins
Virendra Kirloskar
ICOS VISION SYSTEMS CORPORATION
Icos Vision Systems Ltd 100%

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.

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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

Registered office

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

Frequently asked questions

What is the address of ICOS VISION SYSTEMS CORPORATION?
The registered office of ICOS VISION SYSTEMS CORPORATION is located at Esperantolaan 8C, 3001 Leuven.
Is ICOS VISION SYSTEMS CORPORATION still active?
Yes. According to the CBE (29 September 2026) ICOS VISION SYSTEMS CORPORATION is active, legal situation “Normale toestand”, started on 27 July 1989.
Is ICOS VISION SYSTEMS CORPORATION registered on Peppol?
Yes, ICOS VISION SYSTEMS CORPORATION is registered on the Peppol network with ID 0208:0438068826.
What is the enterprise number of ICOS VISION SYSTEMS CORPORATION?
The enterprise number of ICOS VISION SYSTEMS CORPORATION is BE0438068826.
When was ICOS VISION SYSTEMS CORPORATION founded?
ICOS VISION SYSTEMS CORPORATION was founded on 27 July 1989.
Who owns ICOS VISION SYSTEMS CORPORATION?
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.