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ITHACA

Active
Private limited companyfounded 2021active for 5 yearsErnest Solvaystraat 25, 1050 Elsene, BelgiumKBO/BCE: BE 0773.484.235

From the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

ITHACA has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €319,595 and a net result of €64,004. Equity has been growing by about 38% per year since 2022. Its solvency ranks better than 89% of 15,759 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

KBO
Status
Active since 03-09-2021 Normal situation
Activity
Activities of lawyers NACE 69101
Establishment unit
2.321.270.376 1050 Elsene, since 03-09-2021
Financial year end
31 December
Peppol
Reachable since 22-12-2025

Board and ownership

Board
  • Bergkamp PenelopeDirector

Financial position

97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€87,226
▼ 23.7%
Turnover
≈ €210,000
estimated
Profit
€64,004
▼ 22.2%
Equity
€319,595
▲ 25.0%
Total assets
€358,040
▲ 12.6%
Filed on 31-08-2026, 31 days after the deadlineat the National Bank
Score breakdownlowers riskSector: Legal and accounting activities (NACE 69)Liquidity: current ratio 9.13, cash €348,822Equity €319,595 (89.3% of total assets)Size: total assets €358,040Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 76% of micro companies in legal and accounting (NACE 69)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 89.3% of total assets
Liquidity 100+6
short-term debt 10.7% · cash 97.4%
Profitability 91-9
return on assets 17.9%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (20,076 companies, NACE 69, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025highest value 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 9.13 (4.93 in 2024), above the usual 1.5. Short-term debt is 10.7% and cash 97.4% of total assets. 10.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 69, micro). It does better than 87% of them on solvency, 94% on liquidity, 53% on profitability and 69% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Sector: Legal and accounting activities (NACE 69)
KBO
lowers risk · Liquidity: current ratio 9.13, cash €348,822
NBB · annual accounts
lowers risk · Equity €319,595 (89.3% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €358,040
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filings
Deviation from the deadline
2025
31 days late
2024
26 days late
2023
30 days late
2022
21 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 27 days after the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 88% of companies in legal and accountingsector median 56.9% · 15,759 companies 89.3% View
  • Positive: Equity rose in 2025from €255,591 to €319,595 ▲ 25.0% View

Comparable companies

These companies have the same main activity as ITHACA: activities of lawyers (NACE 69101). They are comparable in size and age: total assets between €327,000 and €386,000, founded in 2021.

CompanyTotal assetsGross margin
ITHACA Elsene€358,040€87,226
De Forti Dulcedo Sint-Joost-ten-Node€350,369€86,324
Dansaert Law Brussel€386,371€89,583
MARKUS FORT Schaarbeek€365,506€72,464
DVDB Legal Nazareth-De Pinte€343,732€93,025
THOMAS CAMBIER AVOCAT Nivelles€329,441€91,335
PHILIPPINE BUISSERET Hoeilaart€326,893€79,135
Full comparison

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about ITHACA

What is the company number of ITHACA?
The company number of ITHACA is 0773.484.235. The VAT number is the same number with BE in front: BE 0773.484.235.
Where is ITHACA based?
The registered office is at Ernest Solvaystraat 25, 1050 Elsene.Company details
What does ITHACA do?
According to the KBO register, the main activity is activities of lawyers (NACE 69101).
What is the legal form of ITHACA?
The legal form of ITHACA is Private limited company (BV).
When was ITHACA founded?
ITHACA was founded on 03-09-2021.
Is ITHACA still active?
Yes, ITHACA is an active enterprise in the KBO register.
What is the turnover of ITHACA?
The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €87,226 and 30 comparable companies (NACE 691). It probably lies between €150,000 and €270,000.Financials
Is ITHACA profitable?
In financial year 2025, ITHACA made a profit of €64,004.
Where can I find the annual accounts of ITHACA?
ITHACA filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of ITHACA due?
ITHACA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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