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 1 of the last 1 fiscal years.
-
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 ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Liège. KBO
- MASITI BV 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.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- ARTES TERRA(oprichter) 50%
- UHODA ICADI(oprichter) 50%
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