Equity
€13.9m ▲ 13.0%
INITIUM has made a profit without a break since 2011.
INITIUM
Lifetime
16 annual accounts with figures on one time axispeak €204,112 (2023)
-not published
lowest -€3,857 (2010)
€1.6m▼ 75.2%
peak €13.9m (2025)
€13.9m▲ 13.0%
€10.8m▼ 9.2%
peak 2.8 FTE (2025)
2.8 FTE▲ 27.3%
Board2 names since 2009
2 directors and 1 other
Documentsfilings and deeds
28-07-20263 days before the deadline
2025financial year
Result from €6.4m to €1.6mStaff from 2.2 FTE to 2.8 FTEEquity from €12.3m to €13.9mCash from €331,232 to €182,594
Key points
from the 2025 annual accountsResult
€1.6m ▼ 75.2%
The result fell in 2025: the 2024 profit included a one-off income of €4.4m.
Investments
€43,437 0.2 × depreciation
Green is investment, beige is depreciation.
Payment terms
129 days to suppliers
INITIUM pays its suppliers 3 days earlier than in 2024. Customers pay 73 days later.
Filings
16 annual accounts since 2010
Three of the last ten came late. The 2022 accounts came latest: 59 days after the end of the period.
Group
9 companies controlled
Heads a group.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Credit verdict
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Signals
Board and ownership
Director, since 10-07-2009
Director, since 01-10-2020
Shares in 10 companies, including and
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0817078510
Changes of role: (director) and (director)
Gazette deed
Environmental permit granted
Nieuwbouw van bijgebouwen en niet overdekte lage constructie · Genk
Environmental permit granted
Het reliëf van de bodem aanmerkelijk wijzigen, Hoogstammige bomen vellen die geen deel uitmaken van een bos, Nieuwbouw of aanleggen and 1 more · Genk
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| INITIUM Hasselt | €0.7m | -55.5% | 56.2% | 2.8 |
| Food Group België Bruges | €1.8m | -5.1% | 85.6% | 3 |
| GONDWANA INTERNATIONAL Kontich | €0.5m | 40.1% | 19.7% | - |
| World of Tents Ronse | €1.7m | -50.8% | 86.1% | - |
| TROPICORE Watermael-Boitsfort | €20.0m | 26.2% | 45.1% | 5.8 |
| VALIMMO INTERNATIONAL Waterloo | - | - | 27.0% | 1.6 |
| DELICO Wingene | €12.0m | 2.8% | 11.3% | 2 |
Grey: the largest companies of the sector (wholesale trade (NACE 46)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as INITIUM: agents in non-specialised wholesale trade (NACE 46190). They are comparable in size and age: total assets between €9.3m and €69m, founded between 1998 and 2011.
Official details
Source: KBO- Status
- Active since 14-07-2009Normal situation
- Registered office
- 11 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 15 November 2026.
- Activity
- Agents in non-specialised wholesale tradeNACE 46190and 1 other
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.180.617.5073500 Hasselt, since 10-07-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 03-09-2025
Annual accounts 2025
- €24.7m▲ 2.1%
- Employeeson 31-12-2025
- 3=
- Filing
- Filed on 28-07-2026, 3 days before the end of the filing period
Companies linked to INITIUM
Subsidiaries and holdings
- 100%
- 50%
- 26.67%
- 20%
- 0.5%
- 0.5%
- 0.13%
Insights on INITIUM
Solvency rose in 2025 from 50.7% to 56.2% because of the retained profit.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about INITIUM
- What is the company number of INITIUM?
- The company number of INITIUM is 0817.078.510. The VAT number is the same number with BE in front: BE 0817.078.510.
- Where is INITIUM based?
- The registered office is at Berenbroekstraat 49, 3500 Hasselt.Company details
- What does INITIUM do?
- According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
- What is the legal form of INITIUM?
- INITIUM is a private limited company (BV).
- When was INITIUM founded?
- INITIUM was founded on 14-07-2009.
- Is INITIUM still active?
- Yes, INITIUM is an active enterprise in the KBO register.
- How many employees does INITIUM have?
- INITIUM had an average of 2.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does INITIUM fall under?
- In its 2025 annual accounts, INITIUM states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of INITIUM?
- The turnover of INITIUM was €732,145 in financial year 2025, according to the filed annual accounts.
- Is INITIUM profitable?
- In financial year 2025, INITIUM made a profit of €1.6m.
- Where can I find the annual accounts of INITIUM?
- INITIUM filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of INITIUM due?
- INITIUM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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