ITHILIEN
ActiveSummary
ITHILIEN has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€84,780) and a net result of -€94,780. Its solvency ranks better than 13% of 14173 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes
Profitability2
Solvency14
Growth-
Track record67
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.23; short-term debt: 5.2% and cash: 0.4% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-11.1%
Return on assets
-12.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
on the day
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2025, micro schema
Turnover
€86,984
EBIT margin
-75.6%
Net result
-€94,780
Working capital
-€30,796
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €764,883
Fixed assets
€755,729
Current assets
€9,154
Key figures and ratios
EBITDA
-€28,220
Cash flow
-€57,211
Solvency
-11.1%
Current ratio
0.23
Debt to equity
-10.02
ROA
-12.4%
Interest coverage
-0.97
Debt
€849,663
Debt ≤ 1 year
€39,950
Debt > 1 year
€808,123
Annual accounts
| Line | 2025 |
|---|---|
| Turnover70 | €86,984 |
| Goods, raw materials, services and sundry goods60/61 | €117,136 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €37,568 |
| Other operating charges640/8 | €1,168 |
| Gross operating margin9900 | -€27,052 |
| Operating profit (loss)9901 | -€65,788 |
| Financial charges65/66B | €28,992 |
| Recurring financial charges65 | €28,992 |
| Profit (loss) for the period before taxes9903 | -€94,780 |
| Profit (loss) for the period9904 | -€94,780 |
| Profit (loss) for the period to be appropriated9905 | -€94,780 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €764,883 | |
| Fixed assets21/28 | €755,729 | |
| Tangible fixed assets22/27 | €755,729 | |
| Land and buildings22 | €755,729 | |
| Current assets29/58 | €9,154 | |
| Amounts receivable within one year40/41 | €6,100 | |
| Trade receivables40 | €6,100 | |
| Cash at bank and in hand54/58 | €3,054 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €764,883 | |
| Equity10/15 | -€84,780 | |
| Contributions10/11 | €10,000 | |
| Profit (loss) carried forward14 | -€94,780 | |
| Amounts payable17/49 | €849,663 | |
| Amounts payable after more than one year17 | €808,123 | |
| Financial debts170/4 | €808,123 | |
| Amounts payable within one year42/48 | €39,950 | |
| Current portion of amounts payable after more than one year42 | €39,950 | |
| Accrued charges and deferred income492/3 | €1,590 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€94,780 |
| + Depreciation and write-downs630 | €37,568 |
| Operating cash flow (approximation) | -€57,211 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Zwalm · 1 establishment unit since 2024
Ground area
248 m²
Building footprint
349 m²
Volume, LiDAR
2,749 m³
Parcel 45005A0173/00M000, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ITHILIEN
since 20242.366.468.121
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45005A0173/00M000 | Flanders | 248 m² | 1 · 349 m² | 11.9 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Similar companies · same sector and region
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ALPHA MASTERS
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Altrad Logistics Benelux
BE 0416.658.253
Beveren-Kruibeke-Zwijndrecht
ANMOCAL & CO
BE 0423.216.245
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BIERHANDEL VB
BE 0400.021.961
Merelbeke-Melle
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 7,326 companies in sector 68110 we hold annual accounts for 5,384. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-09-2024
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
55203Holiday cottages, homes and apartments
63910Web portal activities
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
85599Other education
Contact
E-mail
lewouter@gmail.comZwalm
Phone
0476/76.50.14Zwalm
Scores and ratios are computed by Checked and are not a credit decision.