ACTIVE

IceFree north-west

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Financial year 2025 · closed on 30/09/2025

Net result

31 k €

-2.0% YoY

Gross margin

168,6 k €

-22.0% YoY

Equity

347,1 k €

+9.7% YoY

Workforce

1,3 ETP

0.0% YoY

What does IceFree north-west do?

IceFree north-west is a Private limited company incorporated in 2002. Its main activity is: Raising of dairy cattle. Its registered office is in Lier. It employs on average 1,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0478.449.134

Incorporation

02/10/2002

Legal form

Private limited company

Registered office

Vinkenstraat 36
2500 Lier · FlandreSee on map

Contributed capital

100 000,00 €

Latest accounts

30/09/2025

Average workforce

1,3 ETP

Activities (NACE)

01410Raising of dairy cattle· main 81300Landscape service activities 81300Landscape service activities 71113Architectural activities 71113Architectural activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	168,6 k €	-22.0%	216,2 k €	-30.5%	311,3 k €	-26.4%	422,8 k €	+1.8%	415,1 k €	-5.3%	438,4 k €	+30.4%	336,2 k €	+3.7%	324,2 k €	+55.2%	209 k €	-23.6%	273,6 k €	-15.6%	324,1 k €	-36.8%	512,9 k €	+60.7%	319,3 k €	-23.2%	415,8 k €	+19.0%	349,5 k €	+39.7%	250,2 k €	+28.6%	194,6 k €	+75.8%	110,7 k €	+20.8%	91,6 k €
EBITDA	104,3 k €	-36.0%	162,9 k €	-37.4%	260,3 k €	-32.9%	387,8 k €	-3.7%	402,9 k €	-1.4%	408,5 k €	+56.9%	260,4 k €	+33.3%	195,4 k €	+76.1%	110,9 k €	+4.6%	106 k €	-4.8%	111,4 k €	-42.3%	192,9 k €	+457%	34,6 k €	-82.0%	192,7 k €	+38.6%	139 k €	+16.9%	118,9 k €	+6.9%	111,2 k €	+56.5%	71,1 k €	+23.5%	57,5 k €
Operating result	78,7 k €	+39.7%	56,3 k €	-5.7%	59,7 k €	-37.1%	95 k €	-9.6%	105 k €	+49.4%	70,3 k €	-4.8%	73,8 k €	+0.8%	73,2 k €	+71.5%	42,7 k €	+12.6%	37,9 k €	+13.1%	33,5 k €	-33.2%	50,2 k €	+134%	-148,6 k €	-1105%	14,8 k €	+507%	-3,6 k €	-117%	21,5 k €	+12.2%	19,1 k €	+70.9%	11,2 k €	+26.8%	8,8 k €
Net result	31 k €	-2.0%	31,6 k €	-10.1%	35,2 k €	-39.7%	58,3 k €	-15.3%	68,9 k €	+38.4%	49,8 k €	+10.2%	45,2 k €	+15.6%	39,1 k €	+503%	6,5 k €	+1720%	355,7 €	+1799%	18,7 €	-100.0%	126,8 k €	+171%	-178,2 k €	-5748%	-3 k €	-219%	2,6 k €	-46.8%	4,8 k €	+152%	1,9 k €	-77.3%	8,4 k €	+53.7%	5,5 k €
Balance sheet
Equity	347,1 k €	+9.7%	316,3 k €	+9.4%	289,1 k €	+11.0%	260,5 k €	+24.3%	209,6 k €	+41.4%	148,2 k €	+105%	72,3 k €	+166%	27,2 k €	+329%	-11,9 k €	+35.3%	-18,4 k €	+1.9%	-18,7 k €	+0.1%	-18,7 k €	+87.1%	-145,5 k €	-545%	32,7 k €	-8.5%	35,7 k €	+7.7%	33,2 k €	+17.0%	28,4 k €	+7.2%	26,4 k €	+87.0%	14,1 k €
Total assets	1,1 M €	-5.0%	1,2 M €	+22.3%	958,2 k €	+0.8%	950,7 k €	-15.8%	1,1 M €	-18.7%	1,4 M €	-1.2%	1,4 M €	+68.5%	833,6 k €	+51.3%	550,8 k €	+11.8%	492,7 k €	-24.3%	651,2 k €	+4.6%	622,7 k €	+13.0%	550,8 k €	-13.3%	635,1 k €	+7.0%	593,6 k €	+27.0%	467,5 k €	+10.8%	421,8 k €	+90.2%	221,7 k €	+27.9%	173,3 k €
Cash	433,9 k €	+22.3%	354,8 k €	-3.2%	366,7 k €	+54.3%	237,7 k €	+5.2%	226 k €	+69.9%	133 k €	-7.2%	143,4 k €	+191%	49,3 k €	+111%	23,3 k €	-2.8%	24 k €		–		59,4 €	-26.1%	80,5 €	-95.3%	1,7 k €	+1707%	95,5 €	+26.0%	75,8 €	-79.4%	367,5 €	+385%	75,8 €	-98.9%	6,7 k €
Debts	496,3 k €	-16.2%	592,2 k €	+44.6%	409,6 k €	-5.4%	432,9 k €	-34.8%	663,7 k €	-32.9%	989,2 k €	-8.8%	1,1 M €	+93.3%	560,8 k €	+75.3%	319,9 k €	-37.4%	511 k €	-23.7%	669,9 k €	+4.8%	639,5 k €	-8.2%	696,4 k €	+15.6%	602,4 k €	+8.0%	557,9 k €	+28.5%	434,3 k €	+10.4%	393,4 k €	+101%	195,3 k €	+22.7%	159,2 k €
Other
Workforce	1,3 ETP	0.0%	1,3 ETP	+30.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	-56.5%	2,3 ETP	-34.3%	3,5 ETP	+25.0%	2,8 ETP	-40.4%	4,7 ETP	-36.5%	7,4 ETP	-3.9%	7,7 ETP	-6.1%	8,2 ETP	+46.4%	5,6 ETP	-9.7%	6,2 ETP	+40.9%	4,4 ETP	+91.3%	2,3 ETP		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 8 ended

Active mandates

INVERNU

Director · 0693.923.053

Represented by Lara Straetemans

Active

Verdigi

Director · 0556.622.820

Represented by Tom Aerts

Active

Ended mandates

INVERNU

Manager · since 04 avril 2018 · 0693.923.053

Represented by LARA STRAETEMANS

Ended

INVERNU

Director · since 04 avril 2018 · 0693.923.053

Represented by Lara Straetemans

Ended

Verdigi

Director · since 06 février 2017 · 0556.622.820

Represented by Tom Aerts

Ended

Verdigi

Manager · since 06 février 2017 · 0556.622.820

Represented by TOM AERTS

Ended

At this address

Other companies at this address

Company	CBE no.
BTWE VINKENSTRAAT 36● Active	0630.800.106
INVERNU● Active	0693.923.053
Machine Rent & Care● Active	0743.423.836
Verdigi● Active	0556.622.820

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/04/2026	30/04/2025	26/04/2024	21/04/2023	22/04/2022	23/03/2021
General meeting	31/03/2026	31/03/2025	29/03/2024	31/03/2023	31/03/2022	26/02/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	31/03/2026	28/04/2026	Dutch	PDF
Abridged model	30/09/2024	31/03/2025	30/04/2025	Dutch	PDF
Abridged model	30/09/2023	29/03/2024	26/04/2024	Dutch	PDF
Abridged model	30/09/2022	31/03/2023	21/04/2023	Dutch	PDF
Abridged model	30/09/2021	31/03/2022	22/04/2022	Dutch	PDF
Abridged model	30/09/2020	26/02/2021	23/03/2021	Dutch	PDF
Abridged model	30/09/2019	31/01/2020	27/02/2020	Dutch	PDF
Abridged model	30/09/2018	04/01/2019	25/02/2019	Dutch	PDF
Abridged model	30/09/2017	31/01/2018	28/02/2018	Dutch	PDF
Abridged model	30/09/2016	31/01/2017	28/02/2017	Dutch	PDF
Abridged model	30/09/2015	02/01/2016	29/02/2016	Dutch	PDF
Abridged model	30/09/2014	31/01/2015	23/02/2015	Dutch	PDF
Abridged model	30/06/2013	04/10/2013	21/02/2014	Dutch	PDF
Abridged model	30/06/2012	05/10/2012	13/11/2012	Dutch	PDF
Abridged model	30/06/2011	07/10/2011	07/11/2011	Dutch	PDF
Abridged model	30/06/2010	01/10/2010	25/10/2010	Dutch	PDF
Abridged model	30/06/2009	02/10/2009	22/10/2009	Dutch	PDF
Abridged model	30/06/2008	03/10/2008	24/10/2008	Dutch	PDF
Abridged model	30/06/2007	05/10/2007	08/11/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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.

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 8 ended

Active mandates

INVERNU

Director · 0693.923.053

Represented by Lara Straetemans

Active

Verdigi

Director · 0556.622.820

Represented by Tom Aerts

Active

Ended mandates

INVERNU

Manager · since 04 avril 2018 · 0693.923.053

Represented by LARA STRAETEMANS

Ended

INVERNU

Director · since 04 avril 2018 · 0693.923.053

Represented by Lara Straetemans

Ended

Verdigi

Director · since 06 février 2017 · 0556.622.820

Represented by Tom Aerts

Ended

Verdigi

Manager · since 06 février 2017 · 0556.622.820

Represented by TOM AERTS

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/11/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - DIVERSEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates06/06/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/02/2017
ONTSLAGEN - BENOEMINGEN
PDF
Other21/08/2014
ALGEMENE VERGADERING - BOEKJAAR
PDF
Registered office03/02/2006
MAATSCHAPPELIJKE ZETEL - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING - KAPITAAL - AANDELEN
PDF
Other09/10/2002
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 202531 k €↓
2024
Annual accounts 202431,6 k €↓
2024
Name changeIceFree north-west
2023
Annual accounts 202335,2 k €↓
2022
Annual accounts 202258,3 k €↓
2021
Annual accounts 202168,9 k €↑
2021
Name changeAERTS TOM
2020
Annual accounts 202049,8 k €↑
2019
Annual accounts 201945,2 k €↑
2018
Annual accounts 201839,1 k €↑
2017
Annual accounts 20176,5 k €↑
2016
Annual accounts 2016355,7 €↑
2015
Annual accounts 201518,7 €↓
2014
Annual accounts 2014126,8 k €↑
2013
Annual accounts 2013-178,2 k €↓
2012
Annual accounts 2012-3 k €↓
2011
Annual accounts 20112,6 k €↓
2010
Annual accounts 20104,8 k €↑
2009
Annual accounts 20091,9 k €↓
2008
Annual accounts 20088,4 k €↑
2007
Annual accounts 20075,5 k €
02/10/2002
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

IceFree north-west

Overview

What does IceFree north-west do?

Trend over 19 financial years

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