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ITAFOOD

Active
Private limited companyfounded 201412 yrs activeAvenue Newton 6a, 1300 Wavre, BelgiumKBO/BCE: BE 0544.448.627

ITAFOOD has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €349k and a net result of €60k. Equity is growing by ~27% per year across the filed fiscal years. Its solvency ranks better than 41% of 6537 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2024
59 / 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74▼-1
Solvency51▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity tight (current ratio 1.18 against 1.06 in 2023; short-term debt: 68.5% and cash: 10.6% of total assets), and 74.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 12 years 0 20 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
28 d late
2023
161 d late
2022
477 d late
2021
86 d late
2020
30 d late
2019
91 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€60k▼ 18.0%
2023 · €73k
2018: €-16k 2019: €3k 2020: €15k 2021: €27k 2022: €72k 2023: €73k
2018 → 2024
Working capital
€165k▲ 148%
2023 · €67k
2018: €-169k 2019: €-147k 2020: €-96k 2021: €-91k 2022: €-36k 2023: €67k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€118k-€144k▲ 22.8%€216k▲ 49.7%€289k▲ 33.7%€349k▲ 20.7%
Operating result€32k-€53k▲ 64.5%€114k▲ 116%€123k▲ 8.0%€113k▼ 8.1%
Net result€15k-€27k▲ 74.5%€72k▲ 167%€73k▲ 1.6%€60k▼ 18.0%
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2020: €32k€32kNet result 2020: €15k€15kOperating result 2021: €53k€53kNet result 2021: €27k€27kOperating result 2022: €114k€114kNet result 2022: €72k€72kOperating result 2023: €123k€123kNet result 2023: €73k€73kOperating result 2024: €113k€113kNet result 2024: €60k€60k20202021202220232024
The operating result falls in 2024; 2024 is 8% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.37M
Fixed assets €265k▼ 11.1%
Current assets €1.10M▼ 1.4%
Equity and liabilities €1.37M
Equity €349k▲ 20.7%
Debt €1.02M▼ 9.7%
The debt ratio falls from 79.6% to 74.5%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€160k
2023 · €166k
Cash flow
€107k
2023 · €116k
Solvency
25.5%
2023 · 20.4%
Current ratio
1.18
2023 · 1.06
Quick ratio
0.75
2023 · 0.69
Debt / equity
2.92
2023 · 3.90
ROE
17.1%
2023 · 25.2%
ROA
4.4%
2023 · 5.1%
Interest coverage
10.15
2023 · 13.32
Debt
€1.02M
2023 · €1.13M
Debt ≤ 1 year
€936k
2023 · €1.05M
Debt > 1 year
€32k
2023 · €39k
Income taxes
€38k
2023 · €38k
Staff costs
€777k
2023 · €783k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€1.42M€1.37M
Fixed assets21/28€298k€265k
Tangible fixed assets22/27€298k€265k
Land and buildings22€185k€176k
Plant, machinery and equipment23€21k€14k
Furniture and vehicles24€7k€3k
Leasing and similar rights25€86k€71k
Financial fixed assets28€302€302=
Current assets29/58€1.12M€1.10M
Amounts receivable after more than one year29€4k€4k=
Trade receivables290€4k€4k=
Stocks and contracts in progress3€396k€401k
Stocks30/36€396k€401k
Amounts receivable within one year40/41€548k€543k
Trade receivables40€540k€540k=
Other amounts receivable41€8k€3k
Cash at bank and in hand54/58€161k€145k
Deferred charges and accrued income490/1€8k€9k
Equity and liabilities
Total equity and liabilities10/49€1.42M€1.37M
Equity10/15€289k€349k
Contributions10/11€21k€21k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€266k€326k
Amounts payable17/49€1.13M€1.02M
Amounts payable after more than one year17€39k€32k
Financial debts170/4€39k€32k
Amounts payable within one year42/48€1.05M€936k
Current portion of amounts payable after more than one year42€38k€25k
Financial debts43€109k€201k
Credit institutions430/8€109k€201k
Trade debts44€723k€516k
Suppliers440/4€723k€516k
Taxes, remuneration and social security45€181k€193k
Taxes450/3€99k€119k
Remuneration and social security454/9€82k€74k
Other amounts payable47/48-€104
Accrued charges and deferred income492/3€37k€50k
Income statement Code20232024
Non-recurring operating income76A-€339
Remuneration, social security and pensions62€783k€777k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€47k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€80k€52k
Other operating charges640/8€10k€9k
Gross operating margin9900€1.04M€999k
Operating profit (loss)9901€123k€113k
Financial income75/76B€485€250
Recurring financial income75€485€250
Financial charges65/66B€12k€16k
Recurring financial charges65€12k€16k
Profit (loss) for the period before taxes9903€111k€98k
Income taxes67/77€38k€38k
Profit (loss) for the period9904€73k€60k
Profit (loss) for the period to be appropriated9905€73k€60k
Appropriation of the result
Profit (loss) to be appropriated9906€266k€326k
Profit (loss) brought forward from the previous period14P€193k€266k
Social balance
Average headcount (FTE)908711.611.6=

The notes to these accounts (22 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
28-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 28 days late
08-01
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 161 days late
2024
19-11
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 477 days late
2023
31-12
Financial Highest result since 2018net €73k ▲1.6%
Operating result €123k, net result €73k, both a record.
2022
31-12
Financial Equity above €200kEq €216k ▲49.7%
4 profitable years in a row build equity to €216k.
25-10
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 86 days late
2021
30-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
30-10
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
31-12
Financial Back to profitnet €3k
Net result €3k after one loss-making year.
31-12
Financial Equity above €100kEq €102k ▲2.5%
Equity rises from €100k to €102k.
24-09
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 55 days late
2018
29-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
28-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 28 days late
2016
29-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wavre · 1 establishment unit since 2017
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Avenue Newton 6a1300 Wavre
Ground area
6,255 m²
Building footprint
2,043 m²
Parcel 25112C0002/03A000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Avenue Newton 6A, 1300 Wavre
Wholesale of meat and meat products, excluding game and poultry
since 20172.268.146.248
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25112C0002/03A000 Wallonia 6,255 m² 1 · 2,043 m² -
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Wavre2.268.146.248
1 permission
Toelating · Groothandelaar levensmiddelen · since 19-02-2019

Similar companies · same sector, comparable size

Of 12,959 companies in sector 47120 we hold annual accounts for 2,190. 1,222 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded16-01-2014
Fiscal year end31-12
Activities, NACEBEL
46331Wholesale trade
47120Other non-specialised retail sale
47192Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.