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IITTALA

Active
Private limited companyfounded 2007active for 18 yearsKorte Gasthuisstraat 24, 2000 Antwerpen, BelgiumKBO/BCE: BE 0893.099.883
Summary

The computed 12-month bankruptcy probability of IITTALA is 3.2% (moderate). For IITTALA, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €437,616 and a net result of -€11,883. Equity is growing by about 3.7% per year across the filed financial years. Its solvency ranks better than 87% of 9,448 sector peers (NACE 47, financial year 2023). The company has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Retail trade
NACE 47553
1 site
Size
€952,876turnover 2023
Staff
4.2 FTE
Equity
€437,616
Loss
-€11,883
Financial health
Bankruptcy probabilitywithin 12 months
3.2%
2023 figures too old to score
Structure
Parent
Fiskars Oyj Abp
Accounts 436 days overdue0 of 17 deeds read
Signalsraises riskFigures for financial year 2023 (filed 16-09-2024)2 financial years not filed after the legal deadline; latest accounts 41 days late; 1 of the last 3 lateTwo or more financial years not filedlowers riskLiquidity: current ratio 4.30, cash €124,401Equity €437,616 (74.5% of total assets)neutralA punctual record breaksShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Strong
Solvency 100+8
equity 74.5% of total assets
Liquidity 69+11
short-term debt 22.7% · cash 21.2%
Profitability 27-45
return on assets -2.0%
Bankruptcy probability, 12 months
3.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,188 companies, NACE 47, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025lowest value 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.4%▲ +0.1 percentage points vs 08-2025 10-2025: 0.6%▲ +0.2 percentage points vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.9%▲ +0.3 percentage points vs 11-2025 01-2026: 1.7%▲ +0.8 percentage points vs 12-2025 02-2026: 1.8%▲ +0.1 percentage points vs 01-2026 03-2026: 1.9%▲ +0.1 percentage points vs 02-2026 04-2026: 1.7%▼ -0.2 percentage points vs 03-2026 05-2026: 1.7%● unchanged vs 04-2026 06-2026: 1.7%● unchanged vs 05-2026 07-2026: 1.7%● unchanged vs 06-2026 08-2026: 2.7%▲ +1.0 percentage point vs 07-2026 09-2026: 2.7%● unchanged vs 08-2026 10-2026: 3.2%▲ +0.5 percentage points vs 09-2026highest value
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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2023 (filed 16-09-2024)
NBB · annual accounts
raises risk · 2 financial years not filed after the legal deadline; latest accounts 41 days late; 1 of the last 3 late
NBB · filings
lowers risk · Liquidity: current ratio 4.30, cash €124,401
NBB · annual accounts
lowers risk · Equity €437,616 (74.5% of total assets)
NBB · annual accounts
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2024 year end31-07-2025 deadline10-10-2026 today
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 10-09-2024, 41 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are in a legal situation other than normal, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
41 days late
2022
6 days early
2021
11 days early
2020
15 days early
2019
8 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average on the deadline day; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2023 · abbreviated…
  2. Weakest financial yearnet -€11,883
  3. Annual accounts filedfinancial year 2022 · abbreviated…

Key points

  • Risk: Accounts not fileddeadline was 31-07-2025 436 days late View
  • Caution: Among the weakest 15% on net resultsector median €43,601 · 9,443 companies -€11,883 View
  • Controlled by Fiskars Oyj Abp parent View

By topic

Financials

Financial year
2023
Turnover
€952,876
Loss
-€11,883
Solvency
74.5%
Go to Financials

Timeline

Events
18
Since
2009
  1. 20-07-2022Annual accounts filed
  2. 31-12-2021Highest result from 2019 to 2023
  3. 16-07-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail tradeNACE 47553
Founded
26-10-2007
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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