ITHAK

ITHAK has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €50,536 and a net result of -€17,459. Equity is shrinking by about 18% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2028. Its solvency ranks better than 95% of 11,221 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).