ACTIVE

ICARUS

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Financial year 2025 · Closed on 31/12/2025

Net result36,2 k €-97,6 %over 1 year

Revenue29,2 M €+33,8 %over 1 year

Equity5,8 M €+0,6 %over 1 year

Workforce36,6 ETP+3,4 %over 1 year

Identity

Source · BCE/KBO

ICARUS is a Public limited company incorporated in 1985. Its main activity is: Manufacture of other taps and valves. Its registered office is in Herstal. It employs on average 36,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0427.223.434
Incorporation: 23/05/1985
Legal form: Public limited company
Registered office: Rue des Alouettes 100
4041 Herstal · WallonieSee on map
Contributed capital: 7 636 297,32 €
Latest accounts: 31/12/2025
Average workforce: 36,6 ETP

Activities (NACE)

28140Manufacture of other taps and valves· main 28140Manufacture of other taps and valves 46720Wholesale of metals and metal ores 46820Wholesale trade, except of motor vehicles and motorcycles 51520Air transport 46649Wholesale of machinery for the textile industry and of sewing and knitting machines+1

Joint committees (2)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 26 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	29,2 M €	+33.8%	21,8 M €	-34.3%	33,2 M €	-28.3%	46,3 M €	+98.6%	23,3 M €
EBITDA	906,8 k €	-70.6%	3,1 M €	+236%	-2,3 M €	-147%	4,8 M €	+163%	1,8 M €
Operating result	846,7 k €	-71.0%	2,9 M €	+218%	-2,5 M €	-156%	4,4 M €	+230%	1,3 M €
Net result	36,2 k €	-97.6%	1,5 M €	+187%	-1,7 M €	-152%	3,3 M €	+315%	799,2 k €
Balance sheet
Equity	5,8 M €	+0.6%	5,8 M €	+5.2%	5,5 M €	-24.1%	7,3 M €	+15.6%	6,3 M €
Total assets	31,3 M €	-30.1%	44,7 M €	+17.8%	37,9 M €	-16.2%	45,3 M €	+31.1%	34,5 M €
Cash	544,9 k €	+70.5%	319,7 k €	-2.5%	327,7 k €	-25.6%	440,4 k €	+308%	108 k €
Debts	24 M €	-35.9%	37,4 M €	+18.0%	31,7 M €	-15.1%	37,3 M €	+32.2%	28,2 M €
Other
Workforce	36,6 ETP	+3.4%	35,4 ETP	-1.9%	36,1 ETP	+4.9%	34,4 ETP	-12.7%	39,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 43 ended

Active mandates

HY9

Director · since 19 avril 2025 · until 27 octobre 2026 · 1004.509.927

Represented by YVES HONHON

Active

SPARAXIS

Director · since 21 novembre 2023 · until 27 octobre 2026 · 0452.116.307

Represented by EMMANUEL CALAY

Active

Leopold THISE

Director · since 27 octobre 2020 · until 27 octobre 2026

Active

Wallonie Entreprendre

Director · since 27 octobre 2020 · until 27 octobre 2026 · 0793.630.244

Represented by ALEXIS VAN LEDE

Active

Yves BESSEMANS

Director · since 27 octobre 2020 · until 27 octobre 2026

Active

Ended mandates

CARINA SUTERA SARDO

Director · since 31 juillet 2024 · until 01 octobre 2024

Ended

OVEA

Director · since 27 octobre 2020 · until 27 octobre 2026 · 0533.798.324

Represented by Jean-Marc PHILIPPET

Ended

OVEA

Director · since 27 octobre 2020 · until 06 mars 2024 · 0533.798.324

Represented by Jean-Marc PHILIPPET

Ended

OVEA

Director · since 27 octobre 2020 · until 27 octobre 2026 · 0533.798.324

Represented by Jean-Marc PHILIPPET

Ended

Other companies at this address

Rue des Alouettes 100 4041 Herstal

Company	CBE no.
ALLIANCE DES ROBINETIERS EUROPEENS● Active	0540.824.785
ICARUS GROUP● Active	0508.780.539
TECHNOLOGIE DECOLLETAGE & FASTENERS● Active	1031.277.868
TECHNORAMA INVEST● Active	0480.255.908
THISE● Active	0419.692.373
UNITE TVA ICARUS UNIT● Active	0562.909.509

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	20/05/2026	16/07/2025	31/07/2024	25/07/2023	20/07/2022	25/03/2021
General meeting	19/05/2026	16/07/2025	31/07/2024	24/07/2023	15/07/2022	24/03/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 26 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	19/05/2026	20/05/2026	French	PDF
Full model	31/12/2024	16/07/2025	16/07/2025	French	PDF
Full model	31/12/2023	31/07/2024	31/07/2024	French	PDF
Full model	31/12/2022	24/07/2023	25/07/2023	French	PDF
Full model	31/12/2021	15/07/2022	20/07/2022	French	PDF
Full model	31/12/2020	24/03/2021	25/03/2021	French	PDF
Full model	31/12/2019	07/10/2020	08/10/2020	French	PDF
Full model	31/12/2018	26/06/2019	02/07/2019	French	PDF
Full model	31/12/2017	31/07/2018	01/08/2018	French	PDF
Full model	31/12/2016	31/07/2017	01/08/2017	French	PDF
Full model	31/12/2015	30/06/2016	05/07/2016	French	PDF
Full model	31/12/2014	18/05/2015	29/05/2015	French	PDF
Full modelCorrection	31/12/2013	19/05/2014	19/06/2014	French	PDF
Full model	31/12/2013	19/05/2014	10/06/2014	French	PDF
Full model	31/12/2012	21/05/2013	28/05/2013	French	PDF
Full modelCorrection	31/12/2011	11/06/2012	02/07/2012	French	PDF
Full model	31/12/2011	11/06/2012	21/06/2012	French	PDF
Full model	31/12/2010	16/05/2011	14/06/2011	French	PDF
Consolidated accounts	31/12/2010	30/06/2011	18/07/2011	French	PDF
Full model	31/12/2009	17/05/2010	02/06/2010	French	PDF
Consolidated accounts	31/12/2009	10/05/2010	02/07/2010	French	PDF
Full model	31/12/2008	11/06/2009	10/07/2009	French	PDF
Consolidated accounts	31/12/2008	11/06/2009	10/07/2009	French	PDF
Full model	31/12/2007	19/05/2008	16/06/2008	French	PDF
Consolidated accounts	31/12/2007	19/05/2008	11/06/2008	French	PDF
Full model	31/12/2006	21/05/2007	04/06/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 43 ended

Active mandates

HY9

Director · since 19 avril 2025 · until 27 octobre 2026 · 1004.509.927

Represented by YVES HONHON

Active

SPARAXIS

Director · since 21 novembre 2023 · until 27 octobre 2026 · 0452.116.307

Represented by EMMANUEL CALAY

Active

Leopold THISE

Director · since 27 octobre 2020 · until 27 octobre 2026

Active

Wallonie Entreprendre

Director · since 27 octobre 2020 · until 27 octobre 2026 · 0793.630.244

Represented by ALEXIS VAN LEDE

Active

Yves BESSEMANS

Director · since 27 octobre 2020 · until 27 octobre 2026

Active

Ended mandates

CARINA SUTERA SARDO

Director · since 31 juillet 2024 · until 01 octobre 2024

Ended

OVEA

Director · since 27 octobre 2020 · until 27 octobre 2026 · 0533.798.324

Represented by Jean-Marc PHILIPPET

Ended

OVEA

Director · since 27 octobre 2020 · until 06 mars 2024 · 0533.798.324

Represented by Jean-Marc PHILIPPET

Ended

OVEA

Director · since 27 octobre 2020 · until 27 octobre 2026 · 0533.798.324

Represented by Jean-Marc PHILIPPET

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates27/08/2026
Extrait PV AGE 28/11/2025 - Renouvellement du mandat du Commissaire +
PDF
Mandates23/09/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates29/04/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates03/06/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates08/11/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates18/02/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates27/11/2020
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates27/10/2020
DEMISSIONS, NOMINATIONS
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2025
Annual accounts 202536,2 k €↓
29/04/2025
nominationHY9 SRL — administrateur indépendant
2024
Annual accounts 20241,5 M €↑
31/07/2024
nominationCarina Sutera Sardo — administrateur indépendant
2023
Annual accounts 2023-1,7 M €↓
21/11/2023
nominationEmmanuel Calay — représentant permanent pour Sparaxis
2022
Annual accounts 20223,3 M €↑
19/09/2022
nominationAlexis Van Lede — Administrateur
15/07/2022
nominationChristophe COLSON — représentant permanent (commissaire des comptes consolidés)
2021
Annual accounts 2021799,2 k €↓
2020
Annual accounts 20201,3 M €↑
2019
Annual accounts 2019-5,3 M €↓
2018
Annual accounts 2018-1,1 M €↓
2017
Annual accounts 2017-623,5 k €↑
2016
Annual accounts 2016-1,2 M €↓
2015
Annual accounts 201596,3 k €↑
2014
Annual accounts 2014-281,9 k €↓
2013
Annual accounts 20131 M €↓
2012
Annual accounts 20122,9 M €↑
2011
Annual accounts 2011-336,2 k €↑
2010
Annual accounts 2010-2,7 M €↓
2009
Annual accounts 2009-66,3 k €↓
2008
Annual accounts 20081,3 M €↓
2007
Annual accounts 20072,2 M €↑
2006
Annual accounts 20061,9 M €
23/05/1985
IncorporationPublic limited company

ICARUS

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline