Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ICE OF QUEENS from Merelbeke-Melle, company number BE0480761989, closed financial year 2025 with a result of € 793,913 after tax. For that financial year ICE OF QUEENS recorded a gross margin of € 1.1 million and equity of € 1.2 million. Compared with financial year 2024, the result moved from € -28,683 to € 793,913. Profitable, and profit is growing. 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 September 4, 2026.
€ 1.2 million
▲ 182% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 793,913
▲ still € 28,683 loss in 2024
Profit after tax over the fiscal year.
€ 1.2 million
▲ € 1.2 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 € 1.2 million.
People and assets in 2025
€ 99
▼ 73% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 310,084
▲ € 287,282 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 850
▼ 22% vs 2024
Loans from banks and other lenders, long and short.
€ 857
▼ 91% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 157
▼ 93% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 193,655 | € 91,219 | € 89,573 | € 1,148,262 | ▲ € 1.1 million |
| Profit after taxes | € 10,684 | € -85,466 | € -28,683 | € 793,913 | ▲ € 822,596 |
| Equity | € 550,708 | € 465,242 | € 436,559 | € 1,230,472 | ▲ 182% |
| Total debts | € 92,381 | € 78,054 | € 12,988 | € 1,864 | ▼ 86% |
| Cash | € 635 | € 1,647 | € 299 | € 1,186,187 | ▲ € 1.2 million |
| Retained profit | € 490,708 | € 405,242 | € 376,559 | € 1,170,472 | ▲ 211% |
| Bank debt | € 48,281 | € 48,408 | € 1,091 | € 850 | ▼ 22% |
| Balance sheet total | € 643,089 | € 543,295 | € 449,547 | € 1,514,976 | ▲ 237% |
Key figures of ICE OF QUEENS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to ICE OF QUEENS?
What happened at ICE OF QUEENS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 793,913. filed late Source: NBB ↗
- Tim De Taeye became a director. NBB
- Vrae BV became a director. NBB
- Giovanni Donati stepped down as director. NBB
- New establishment in Merelbeke-Melle. KBO
- Start of the company according to the CBE. KBO
- Giovanni Donati became a director. NBB
In short
From € 10,684 profit in 2022 to € 793,913 profit in 2025.
Paid € 5,511 in corporate taxes since 2022.
Best year ever: 2025, with € 793,913 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind ICE OF QUEENS are Tim De Taeye and Vrae BV. Vrae BV is also behind ARE³, WP HOTELS EN EVENTS, ATCARS, ARE³ Development and Witte Paard Events.
Directors
According to the 2025 annual accounts
Tim De Taeye
Director
since 2025
Director · represented by Frederic Teerlynck
Also active at: ARE³, WP HOTELS EN EVENTS, ATCARS, ARE³ Development, Witte Paard Events, ZOUTE GRAND PRIX
since 2025
Giovanni Donati
Onbekend
since 2003 · until 2025
Establishments
Establishment units
Physical locations of this company
Lembergsesteenweg 19
9820 Merelbeke-Melle
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →OKU Leisure Group
GROUP ALYCHLO
The Hotel Hunters
€ -123,591 gross margin · 2025
MYLECKE MANAGEMENT, ART & INVEST
€ 1.7 million gross margin · 2025
ALYCHLO
€ 2 million revenue · 2025
+5 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0480.761.989
- VAT number
- BE 0480.761.989
- Registered office
- Lembergsesteenweg 19, 9820 Merelbeke-Melle
- Names & denominations
- ICE OF QUEENS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 June 2003
- Peppol
- Active · Active since 18 Jun 2026
- Activities · NACE
Detailhandel in groenten en fruit
Markt- en straathandel in voedingsmiddelen
Markt- en straathandel in voedings- en genotmiddelen
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in motorvoertuigen
Detailhandel in motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
+1