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ITHAKA-BE

Active
Private limited companyfounded 2004active for 22 yearsPlanetendreef 14, 2800 Mechelen, BelgiumKBO/BCE: BE 0864.472.908
Summary

ITHAKA-BE has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €579,354 and a net result of €84,168. Equity has been growing by about 13% per year since 2018. Its solvency ranks better than 64% of 2,598 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 01-04-2004 Normal situation
Activity
Other education NACE 85599and 2 others
Establishment unit
2.336.577.174 2800 Mechelen, since 01-07-2022
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board

Financial position

87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€144,704
▼ 7.0%
Turnover
≈ €360,000
estimated
Profit
€84,168
▲ 2.3%
Equity
€579,354
▼ 17.8%
Total assets
€964,141
▼ 14.7%
  • 2025 accounts filed 83 days after the deadline
Filed on 22-10-2026
Score breakdownraises riskLast filed accounts filed 83 days late; 3 of the last 3 accounts lateLiquidity: current ratio 1.63, cash €36,751lowers riskSize: total assets €964,141Sector: Education (NACE 85)Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 45% of micro companies in education (NACE 85)
Financial strength · tick: 2024
Strong
Solvency 85-2
equity 60.1% of total assets
Liquidity 51-5
short-term debt 15.2% · cash 3.8%
Profitability 80+2
return on assets 8.7%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,821 companies, NACE 85, micro)
Last 24 months 12-2024: 0.1% 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: 0.2%▲ +0.1 percentage points 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: 0.5%▲ +0.1 percentage points vs 09-2025highest value 11-2025: 0.1%▼ -0.4 percentage points 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: 0.3%▲ +0.2 percentage points vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.2%▼ -0.1 percentage points vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.63 (4.0 in 2024), above the usual 1.5. Short-term debt is 15.2% and cash 3.8% of total assets. 39.9% 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 85, micro). It does better than 62% of them on solvency, 37% on liquidity, 58% on profitability and 24% on growth.

The bankruptcy probability was computed on 01-11-2026 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
raises risk · Last filed accounts filed 83 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €964,141
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Education (NACE 85)
KBO
raises risk · Liquidity: current ratio 1.63, cash €36,751
NBB · annual accounts
raises risk · 2025 accounts filed 83 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-10-2026, 83 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 · 10 filings
Deviation from the deadline
2025
83 days late
2024
61 days late
2023
58 days late
2022
326 days late
2021
341 days late
2020
31 days late
2019
122 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 146 days after the deadline. In the sector (NACE 85), the median for financial year 2024 was 16 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 22 October (4 of the last 5 accounts filed within 243 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: More equity than 95% of companies in educationsector median €32,733 · 2,603 companies €579,354 View
  • Positive: 8 profitable years in a rowprofit 2025: €84,168 8 years View

Recent changes

  1. · Gazette deed Changes of role: BOEN Marleen (director) and KEMPENEER Jutta (director)
  2. · Gazette deed Registered office moved from Dilbeek to Mechelen
  3. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as ITHAKA-BE: other education (NACE 85599). They are comparable in size and age: total assets between €719,000 and €1.4m, founded between 1996 and 2007.

CompanyTotal assetsGross margin
ITHAKA-BE Mechelen€1.0m€0.1m
resulto Sint-Pieters-Leeuw€0.8m€0.2m
BEXPERTISE-Be 4 Mechelen€1.4m€0.1m
MOBILO Balen€0.7m€0.1m
HUMAT Mol€1.2m€0.2m
MEDIATION INSTITUUT VLAANDEREN Mechelen€0.7m€0.09m
KEY- CONSULT Antwerpen€1.0m€0.2m
Full comparison

Key facts about ITHAKA-BE

What is the company number of ITHAKA-BE?
The company number of ITHAKA-BE is 0864.472.908. The VAT number is the same number with BE in front: BE 0864.472.908.
Where is ITHAKA-BE based?
The registered office is at Planetendreef 14, 2800 Mechelen.Company details
What does ITHAKA-BE do?
According to the KBO register, the main activity is other education (NACE 85599).
What is the legal form of ITHAKA-BE?
The legal form of ITHAKA-BE is Private limited company (BV).
When was ITHAKA-BE founded?
ITHAKA-BE was founded on 01-04-2004.
Is ITHAKA-BE still active?
Yes, ITHAKA-BE is an active enterprise in the KBO register.
What is the turnover of ITHAKA-BE?
The turnover in financial year 2025 is ≈ €360,000. This figure is estimated from the gross margin of €144,704 and 2,213 comparable companies of the same size. It probably lies between €240,000 and €560,000. It is a rough estimate.Financials
Is ITHAKA-BE profitable?
In financial year 2025, ITHAKA-BE made a profit of €84,168.
Where can I find the annual accounts of ITHAKA-BE?
ITHAKA-BE filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ITHAKA-BE due?
ITHAKA-BE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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