Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
53 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
L'Institut du commerce international from Watermaal-Bosvoorde, company number BE0788254662, closed financial year 2024 with a result of € -208,052 after tax. For that financial year L'Institut du commerce international recorded a gross margin of € -34,309 and equity of € -280,124. Compared with financial year 2023, the result moved from € -102,072 to € -208,052. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 20, 2025.
€ -280,124
▼ € 208,052 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -208,052
▼ 104 % more loss than in 2023
Profit after tax over the fiscal year.
€ 31,178
▼ 11% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -310,124.
People and assets in 2024
€ 173,115
▲ 239% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 17,612
▼ 36% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 21,327
▼ 24% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Gross margin | € -50,863 | € -34,309 | ▲ € 16,554 |
| Profit after taxes | € -102,072 | € -208,052 | ▼ € 105,980 |
| Equity | € -72,072 | € -280,124 | ▼ € 208,052 |
| Total debts | € 110,337 | € 317,830 | ▲ 188% |
| Cash | € 35,088 | € 31,178 | ▼ 11% |
| Retained profit | € -102,072 | € -310,124 | ▼ € 208,052 |
| Balance sheet total | € 38,265 | € 37,706 | ▼ 1% |
Key figures of L'Institut du commerce international, fiscal years 2023 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to L'Institut du commerce international?
What happened at L'Institut du commerce international in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 208,052. filed late Source: NBB ↗
- Marco Forgione became a director. NBB
- New establishment in Sint-Gillis (bij-Brussel). KBO
- Terence Charles William SCUOLER became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 102,072 loss in 2023 to € 208,052 loss in 2024.
Paid € 124 in corporate taxes since 2023.
A new publication or filing at L'Institut du commerce international? We notify you, reason included.
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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 L'Institut du commerce international are Terence Charles William SCUOLER and Marco Forgione.
Directors
According to the 2024 annual accounts
Terence Charles William SCUOLER
Director
since 2022
Marco Forgione
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Terhulpsesteenweg 166 box 25
1170 Watermaal-Bosvoorde
Charleroise Steenweg 110-112
1060 Sint-Gillis (bij-Brussel)
Active since 5 July 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 53 companies are registered at this address.
All companies at this address →HLB LEGAL SERVICES
€ 8,327 gross margin · 2025
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Chambre des Urbanistes de Belgique
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€ -11,018 gross margin · 2025
AGENCE ET PROMOTION IMMOBILIERES
€ 28,264 gross margin · 2025
+48 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
- 0788.254.662
- VAT number
- BE 0788.254.662
- Registered office
- Terhulpsesteenweg 166 bus 25, 1170 Watermaal-Bosvoorde
- Names & denominations
- L'Institut du commerce international · ICI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 July 2022
- Peppol
- Not registered
- Activities · NACE
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