Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
Financials
Financial year 2025
ICD Management from Braine-l'Alleud, company number BE0810861404, closed financial year 2025 with a result of € 2,000 after tax. For that financial year ICD Management recorded a gross margin of € 16,631 and equity of € -7,151. Compared with financial year 2024, the result moved from € 182 to € 2,000. Profitable, and profit is growing. 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 April 24, 2026.
€ -7,151
▲ € 2,000 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,000
▲ € 1,818 vs 2024
Profit after tax over the fiscal year.
€ 4,984
▼ 15% 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 € -9,011.
People and assets in 2025
€ 1,757
▼ 14% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 77,834
▲ 70% vs 2024
€ 7,025 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 39,025
▲ 26% 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 | € 11,323 | € 6,213 | € 7,956 | € 16,631 | ▲ 109% |
| Profit after taxes | € -472 | € 2,323 | € 182 | € 2,000 | ▲ € 1,818 |
| Equity | € 6,944 | € -9,333 | € -9,151 | € -7,151 | ▲ € 2,000 |
| Total debts | € 82,614 | € 99,483 | € 126,105 | € 127,499 | ▲ 1% |
| Cash | € 1,002 | € 2,841 | € 5,848 | € 4,984 | ▼ 15% |
| Land & buildings | € 73,935 | € 71,640 | € 69,345 | € 67,050 | ▼ 3% |
| Retained profit | € -13,516 | € -11,193 | € -11,011 | € -9,011 | ▲ € 2,000 |
| Bank debt | € 58,016 | € 51,994 | € 45,824 | € 77,834 | ▲ 70% |
| Balance sheet total | € 89,559 | € 90,150 | € 116,954 | € 120,348 | ▲ 3% |
Key figures of ICD Management, 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 ICD Management?
What happened at ICD Management in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,000 (▲ € 1,818 vs 2024). Source: NBB ↗
- New establishment in Braine-l'Alleud. KBO
- Start of the company according to the CBE. KBO
In short
From € 472 loss in 2022 to € 2,000 profit in 2025.
Paid € 14,886 in corporate taxes since 2022.
Best year ever: 2023, with € 2,323 profit.
A new publication or filing at ICD Management? 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 ICD Management are Cem Budak and Isabelle Bruyere. The same people are also behind HBB MANAGEMENT. Cem Budak is also behind B.S.C. CLEANING.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Clos des Tilleuls 9
1428 Braine-l'Alleud
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0810.861.404
- VAT number
- BE 0810.861.404
- Registered office
- Clos des Tilleuls 9, 1428 Braine-l'Alleud
- Names & denominations
- ICD Management
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 March 2009
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
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