ACTIVE

ICAIR CAPITAL

Financial year 2025 · Closed on 31/12/2025

Net result56,8 k €-20,7 %over 1 year
Gross margin65,1 k €+6,6 %over 1 year
Equity1,7 M €+3,6 %over 1 year

Identity

Source · BCE/KBO

ICAIR CAPITAL is a Private limited company incorporated in 2013. Its main activity is: Management consultancy activities. Its registered office is in Sint-Genesius-Rode.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0543.508.420
Incorporation
20/12/2013
Legal form
Private limited company
Registered office
Chaussée de Waterloo 200 box 8
1640 Sint-Genesius-Rode · FlandreSee on map
Contributed capital
1 043 426,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 15 filings

Trend over 12 financial years

20252024202320222021
Income statement
Gross margin65,1 k €61,1 k €55,6 k €59,5 k €19,5 k €
EBITDA65,1 k €61,1 k €54,8 k €59,5 k €19,5 k €
Operating result61,2 k €46,5 k €19,9 k €16,5 k €-31,1 k €
Net result56,8 k €71,6 k €82,5 k €91,9 k €50,8 k €
Balance sheet
Equity1,7 M €1,6 M €1,5 M €1,4 M €1,4 M €
Total assets1,7 M €1,7 M €1,6 M €1,6 M €1,5 M €
Cash94,6 k €23,9 k €38,5 k €49,7 k €77,5 k €
Debts68,1 k €88,1 k €49,4 k €110,4 k €180,2 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

Emeric Van der Cruisse de Waziers

Director · since 23 décembre 2013

Active
Martin Van der Cruisse de Waziers

Director · since 23 décembre 2013

Active

Ended mandates

Van der Cruisse de Waziers Martin

Manager · since 01 avril 2014

Ended
Van der Cruisse de Waziers Emeric

Manager · since 23 décembre 2013

Ended

Other companies at this address

Chaussée de Waterloo 200 1640 Sint-Genesius-Rode
CompanyCBE no.
A13 MOTORS● Active
1005.668.482
AB CONSTRUCTSA● Active
0767.656.020
ABCORBU● Active
0795.723.662
1015.431.632
ACR CONSTRUCT● Active
0689.779.866
AC RENOV● Active
1037.922.863
AD BARBER● Active
1042.842.743
ADD Création● Active
0660.677.391
0766.407.985
AFLN● Active
1004.085.008
AF LOGISTIC● Bankrupt
0473.626.947
AFRO LUNA● Bankrupt
0756.529.130
AGS SERVICES● Active
0776.476.189
AISSA BARBER● Active
1027.124.783
AKBS● Active
1022.491.846
Akdemy● Active
1029.572.153
AKPA COMPANY● Active
1025.785.589
1025.786.381
0805.271.927
ALBEK● Active
0834.249.092

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/08/202607/08/202529/08/202406/10/202331/08/202216/09/2021
General meeting18/06/202619/06/202520/06/202415/06/202316/06/202217/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 15 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202518/06/202630/08/2026DutchPDF
Micro model31/12/202419/06/202507/08/2025DutchPDF
Micro model31/12/202320/06/202429/08/2024DutchPDF
Micro modelCorrection31/12/202215/06/202306/10/2023DutchPDF
Micro model31/12/202215/06/202301/09/2023DutchPDF
Micro model31/12/202116/06/202231/08/2022DutchPDF
Abridged modelCorrection31/12/202017/06/202116/09/2021DutchPDF
Abridged model31/12/202017/06/202131/08/2021DutchPDF
Abridged model31/12/201918/06/202024/08/2020DutchPDF
Abridged model31/12/201813/06/201921/08/2019DutchPDF
Abridged model31/12/201714/06/201810/09/2018FrenchPDF
Abridged model31/12/201714/06/201830/08/2018DutchPDF
Abridged model31/12/201615/06/201728/08/2017DutchPDF
Abridged model31/12/201516/06/201618/08/2016DutchPDF
Abridged model31/12/201418/06/201531/08/2015DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

Emeric Van der Cruisse de Waziers

Director · since 23 décembre 2013

Active
Martin Van der Cruisse de Waziers

Director · since 23 décembre 2013

Active

Ended mandates

Van der Cruisse de Waziers Martin

Manager · since 01 avril 2014

Ended
Van der Cruisse de Waziers Emeric

Manager · since 23 décembre 2013

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office20/06/2023
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates26/04/2023
    WIJZIGING RECHTSVORM - DIVERSEN - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office27/02/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates30/04/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other03/01/2014
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202556,8 k €↓
  2. 2024
    Annual accounts 202471,6 k €↓
  3. 2023
    Annual accounts 202382,5 k €↓
  4. 2022
    Annual accounts 202291,9 k €↑
  5. 2021
    Annual accounts 202150,8 k €↓
  6. 2020
    Annual accounts 202056,2 k €↑
  7. 2019
    Annual accounts 20193,2 k €↓
  8. 2018
    Annual accounts 201840,8 k €↓
  9. 2017
    Annual accounts 201777,1 k €↑
  10. 2016
    Annual accounts 201639,8 k €↓
  11. 2015
    Annual accounts 201543,2 k €↑
  12. 2014
    Annual accounts 2014-2,7 k €
  13. 20/12/2013
    IncorporationPrivate limited company