Good Bat to Exe coverter

I didn't check this, but there's a solution that should work. These converters have stubs they attach a bat to. Try to change the icon in the stub and then compile. How to find a stub?
1. You can try to extensions of all .bin and other unknown files to exe - You'll see an icon on the stub.
2. Take a look inside with hex editor - the stub will contain "This program cannot be run in DOS mode." string not far from it's begin.
3. Use TrID - a great tool to identify files by their content. The stub will be a win32 executable.

EDIT: I missed the fact that you gave the solution already :oops:
But the thing I said allows you to change the default icon.
The stub is not a separate file, it's built into the Batch Compiler's executable.
Steps:
1. Decompress BatchCompiler.exe with UnAspack.
2. With ResHacker (or a similar prog.)extract ID_1.exe from RawData resources.
3. Decompress it with UnAspack.
4. Change it's icon.
5. If you want to, compress it again.
6. Replace the old ID_1.exe with the new one.
7. If you want to, compress BatchCompiler.exe again.

2ozbodd:
Does the batch2exe work for you?
From what I see, it should generate smaller and MUCH faster executables, because it really compiles the exe, doesn't only wrap it's code to the stub. But it's not working here.