Financials
Financial year 2024
Industrial Consulting Automation Research Engineering from Mons, company number BE0867368951, closed financial year 2024 with a result of € 7.9 million after tax. For that financial year Industrial Consulting Automation Research Engineering recorded revenue of € 49.2 million and equity of € 18.1 million. Compared with financial year 2023, the result moved from € -1.8 million to € 7.9 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2025.
€ 18.1 million
▲ 91% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7.9 million
▲ still € 1.8 million loss in 2023
Profit after tax over the fiscal year.
€ 1.5 million
▼ 34% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 8.6 million.
People and assets in 2024
332.5
▲ 12 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 24.7 million
▲ 10% vs 2023
€ 74,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 4 million
▲ 31% vs 2023
Of which on lease € 2.2 million.
Debts at end 2024
€ 20.8 million
▲ 217% vs 2023
€ 3.9 million is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 5.7 million
▼ 35% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 110 days on average.
€ 12.8 million
▼ 10% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 20,619,718 | € 29,709,434 | € 36,099,413 | € 49,203,150 | ▲ 36% |
| Profit after taxes | € -4,418,566 | € -4,399,292 | € -1,848,206 | € 7,862,390 | ▲ € 9.7 million |
| Equity | € -3,245,523 | € -6,426,174 | € 9,511,762 | € 18,145,841 | ▲ 91% |
| Total debts | € 18,455,254 | € 33,947,616 | € 29,711,522 | € 39,965,476 | ▲ 35% |
| Cash | € 1,306,716 | € 726,329 | € 2,232,245 | € 1,484,160 | ▼ 34% |
| Land & buildings | € 1,718,897 | € 2,354,225 | € 2,700,314 | € 3,038,612 | ▲ 13% |
| Retained profit | € -8,958,766 | € -13,358,058 | € 733,819 | € 8,596,209 | ▲ € 7.9 million |
| Bank debt | € 6,010,122 | € 5,567,181 | € 6,563,888 | € 20,834,037 | ▲ 217% |
| Balance sheet total | € 15,209,732 | € 27,521,442 | € 39,223,284 | € 58,159,318 | ▲ 48% |
| Employees (FTE) | 232.1 | 283.2 | 320.5 | 332.5 | ▲ 12 |
Key figures of Industrial Consulting Automation Research Engineering, fiscal years 2021 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 Industrial Consulting Automation Research Engineering?
What happened at Industrial Consulting Automation Research Engineering in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New establishment in Mechelen. KBO
- New annual accounts for financial year 2024: profit of € 7.9 million. Source: NBB ↗
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
- New establishment in Mons. KBO
In short
From € 4.4 million loss in 2021 to € 7.9 million profit in 2024.
Paid € 1.3 million in corporate taxes since 2021.
Best year ever: 2024, with € 7.9 million profit.
Pays suppliers within 110 days on average.
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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 Industrial Consulting Automation Research Engineering is I-care Holding SA. The shares are held by I Care Holding SA (100%).
Directors
According to the 2024 annual accounts
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue René Descartes 18
7000 Mons
Interleuvenlaan 15 box D
3001 Leuven
Active since 1 May 2015
Blarenberglaan 3 box B
2800 Mechelen
Active since 1 October 2025
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
- 0867.368.951
- VAT number
- BE 0867.368.951
- Registered office
- Rue René Descartes 18, 7000 Mons
- Names & denominations
- Industrial Consulting Automation Research Engineering · I-CARE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 September 2004
- Peppol
- Active · Active since 9 Jan 2026
- Activities · NACE
Technische studiën en ingenieursactiviteiten
Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Overige technische testen en toetsen
Beroepsopleiding
Groothandel in informatie- en communicatieapparatuur
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