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 1 of the last 1 fiscal years.
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Busy address KBO
28 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ICADI LAND from Liège, company number BE1010800871, closed financial year 2025 with a result of € -231,094 after tax. 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 July 7, 2026.
€ -141,094
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -231,094
Profit after tax over the fiscal year.
€ 24,236
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -231,094.
Debts at end 2025
€ 3.9 million
Loans from banks and other lenders, long and short.
€ 36,767
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 4 days on average.
What happened to ICADI LAND?
What happened at ICADI LAND in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- MASITI BV stepped down as director. NBB
- MATTERHORN NV stepped down as director. NBB
- FINANCIERE SAINT-PAUL SA stepped down as director. NBB
- LBMC BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 231,094. Source: NBB ↗
- New establishment in Liège. KBO
- MASITI BV became a director. NBB
- FINANCIERE SAINT-PAUL SA became a director. NBB
In short
Pays suppliers within 4 days on average.
Management
The stake of Artes Terra, Uhoda Icadi comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ICADI LANDThe shares are held by Artes Terra (50%) and Uhoda Icadi (50%).
Directors
According to the 2025 annual accounts
Director · represented by Lode Waes
Also active at: CAAAP, Oleander, Artes Terra, SCHIPPERSKAAI DEVELOPMENT, KASTEEL WISSELBEKE, SCHIPPERSKAAI LAND, WISSELKOUTER, ARTES RENO +3 more
since 2024 · until 2030
Director · represented by Matthias Hoornaert
since 2024 · until 2030
Director · represented by Stephan Uhoda
Also active at: GILOPS GROUP, HESBYMAZOUT, UHODA S.A., CONCEPTION, ETUDES ET COOPERATION DE FORMATION, U.D.S., M.E.I. COMPANY, SOCIETE ANONYME BELGE POUR LA PROMOTION DE L'EXPORTATION, HAECHTIFY +27 more
since 2024 · until 2030
Director · represented by Laurent Burette
Also active at: HESBYMAZOUT, CONCEPTION, ETUDES ET COOPERATION DE FORMATION, U.D.S., M.E.I. COMPANY, SOCIETE ANONYME BELGE POUR LA PROMOTION DE L'EXPORTATION, HAECHTIFY, Immo centre-ville, HÔTEL DE CLERCX +19 more
since 2024 · until 2030
Shareholders
50%
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Léon-Frédéricq 14
4020 Liège
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 28 companies are registered at this address.
All companies at this address →UHODA S.A. same network
€ 49.9 million revenue · 2025
CONCEPTION, ETUDES ET COOPERATION DE FORMATION same network
€ 55.1 million revenue · 2025
U.D.S. same network
€ 104,923 revenue · 2025
M.E.I. COMPANY same network
€ 13,708 revenue · 2025
SOCIETE ANONYME BELGE POUR LA PROMOTION DE L'EXPORTATION same network
€ -4,097 gross margin · 2025
+23 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
- 1010.800.871
- VAT number
- BE 1010.800.871
- Registered office
- Rue Léon-Frédéricq 14, 4020 Liège
- Names & denominations
- ICADI LAND
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 June 2024
- Peppol
- Active · Active since 1 Jan 2001