Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2024
ICARUS INVEST from Ardooie, company number BE0873917045, closed financial year 2024 with a result of € 204,300 after tax. For that financial year ICARUS INVEST recorded revenue of € 1.8 million and equity of € 6.7 million. Compared with financial year 2023, the result moved from € 125,786 to € 204,300. 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 December 4, 2025.
€ 6.7 million
▲ 3% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 204,300
▲ 62% vs 2023
Profit after tax over the fiscal year.
€ 57,944
▼ 66% 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 € 2.6 million.
People and assets in 2024
4.8
▲ 0.7 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 402,389
▲ 51% vs 2023
€ 83,800 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.
€ 160,414
▲ € 147,953 vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 719,213
▼ 18% vs 2023
€ 234,710 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 160,158
▲ 103% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 69 days on average.
€ 188,720
▲ 52% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 673,807 | € 1,083,997 | € 1,484,219 | € 1,770,999 | ▲ 19% |
| Profit after taxes | € 92,222 | € 815,728 | € 125,786 | € 204,300 | ▲ 62% |
| Equity | € 5,560,835 | € 6,376,563 | € 6,502,350 | € 6,706,649 | ▲ 3% |
| Total debts | € 4,145,725 | € 5,342,163 | € 4,531,498 | € 5,059,856 | ▲ 12% |
| Cash | € 1,495,501 | € 185,356 | € 171,403 | € 57,944 | ▼ 66% |
| Land & buildings | € 241,451 | € 241,451 | € 241,451 | € 241,451 | |
| Retained profit | € 1,495,884 | € 2,311,612 | € 2,437,398 | € 2,641,698 | ▲ 8% |
| Bank debt | € 142,538 | € 1,016,329 | € 876,423 | € 719,213 | ▼ 18% |
| Balance sheet total | € 9,706,560 | € 11,718,726 | € 11,033,848 | € 11,766,506 | ▲ 7% |
| Employees (FTE) | 2 | 3.6 | 4.1 | 4.8 | ▲ 0.7 |
Key figures of ICARUS INVEST, 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 ICARUS INVEST?
What happened at ICARUS INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 204,300 (▲ 62% vs 2023). filed late Source: NBB ↗
- Olivier Devos became a director. NBB
- Frederique Devos became a director. NBB
- Roger Spiessens became a director. NBB
- Xavier Devos became a director. NBB
- New establishment in Ardooie. KBO
- Start of the company according to the CBE. KBO
In short
From € 92,222 profit in 2021 to € 204,300 profit in 2024.
Paid € 270,317 in corporate taxes since 2021.
Best year ever: 2022, with € 815,728 profit.
Pays suppliers within 69 days on average.
A new publication or filing at ICARUS INVEST? 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
The stake of CHAIRME comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ICARUS INVESTBehind ICARUS INVEST are Olivier Devos, Frederique Devos, Roger Spiessens and Xavier Devos. The shares are held by CHAIRME (14.1%). It owns 100% of G.D. ENGINEERING, 99.6% of Metafox, 99.5% of Maes Metal, 66.7% of R & R Consult NV, 65.8% of De Pypere and 50% of ALLFOX itself.
Directors
According to the 2024 annual accounts
Olivier Devos
Director
Also active at: MAES METAL, WERKHUIZEN ALLEMEERSCH, METAFOX, G.D. ENGINEERING, ALLFOX, IJ-INVEST, POLET QUALITY PRODUCTS, ASCOLIA +1 more
since 2023
Frederique Devos
Director
Also active at: MAES METAL, WERKHUIZEN ALLEMEERSCH, METAFOX, JAEGERSON, G.D. ENGINEERING, De Pypere, IJ-INVEST, ASCOLIA +1 more
since 2021
Roger Spiessens
Director
since 2021
since 2021
Shareholders
14.1%
Participations
100%
99.6%
99.5%
66.7%
65.8%
50%
44.4%
Establishments
Establishment units
Physical locations of this company
Stationsstraat 176
8850 Ardooie
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →MAES METAL same network
€ 463,781 gross margin · 2025
DAFCO same network
€ 553,074 gross margin · 2025
METAFOX same network
€ 9.3 million revenue · 2025
ALLFOX same network
€ 1.4 million gross margin · 2025
RRC
+3 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
- 0873.917.045
- VAT number
- BE 0873.917.045
- Registered office
- Stationsstraat 176, 8850 Ardooie
- Names & denominations
- ICARUS INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 May 2005
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- [email protected] 051740059
- Activities · NACE
Activiteiten van holdings
Managementactiviteiten van holdings
Holdings
Vervaardiging van overige producten van metaal, neg