ITHRANE
ActiveSummary
The computed 12-month bankruptcy probability of ITHRANE is 13.0% (high). The 2024 annual accounts show negative equity (-€3,856) and a net result of -€595. Equity is shrinking by ~67.3% per year across the filed fiscal years. Its solvency ranks better than 14% of 18930 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 4 accounts on average 128 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 1,570 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 88% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a small loss
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 13.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,570 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Turnover70 | €16,737 | €24,539 | €49,237 | €34,014 | ▼ 30.9% |
| Non-recurring operating income76A | - | €4,000 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €27,757 | €28,712 | €45,202 | €31,515 | ▼ 30.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,813 | €3,163 | €2,629 | €1,883 | ▼ 28.4% |
| Other operating charges640/8 | €369 | €722 | €3,263 | €970 | ▼ 70.3% |
| Gross operating margin9900 | -€3,020 | -€2,173 | €4,181 | €2,498 | ▼ 40.2% |
| Operating profit (loss)9901 | -€5,202 | -€6,058 | -€1,711 | -€355 | ▲ 79.3% |
| Financial income75/76B | - | - | €38 | €2 | ▼ 93.7% |
| Recurring financial income75 | - | - | €38 | €2 | ▼ 93.7% |
| Financial charges65/66B | €49 | €34 | €245 | €243 | ▼ 1.0% |
| Recurring financial charges65 | €49 | €34 | €245 | €243 | ▼ 1.0% |
| Profit (loss) for the period before taxes9903 | -€5,251 | -€6,092 | -€1,918 | -€595 | ▲ 69.0% |
| Profit (loss) for the period9904 | -€5,251 | -€6,092 | -€1,918 | -€595 | ▲ 69.0% |
| Profit (loss) for the period to be appropriated9905 | -€5,251 | -€6,092 | -€1,918 | -€595 | ▲ 69.0% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €13,282 | €12,470 | €12,867 | €7,313 | ▼ 43.2% |
| Fixed assets21/28 | €7,676 | €4,513 | €1,883 | €3,500 | ▲ 85.9% |
| Tangible fixed assets22/27 | €7,676 | €4,513 | €1,883 | - | - |
| Furniture and vehicles24 | €7,676 | €4,513 | €1,883 | - | - |
| Financial fixed assets28 | - | - | - | €3,500 | - |
| Current assets29/58 | €5,607 | €7,957 | €10,984 | €3,813 | ▼ 65.3% |
| Stocks and contracts in progress3 | €650 | €650 | €325 | €1,180 | ▲ 264% |
| Stocks30/36 | €650 | €650 | €325 | €1,180 | ▲ 264% |
| Amounts receivable within one year40/41 | €2,469 | €3,885 | €5,133 | €2,596 | ▼ 49.4% |
| Trade receivables40 | €90 | €250 | - | - | - |
| Other amounts receivable41 | €2,379 | €3,635 | €5,133 | €2,596 | ▼ 49.4% |
| Cash at bank and in hand54/58 | €2,488 | €3,422 | €5,526 | €38 | ▼ 99.3% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €13,282 | €12,470 | €12,867 | €7,313 | ▼ 43.2% |
| Equity10/15 | €4,749 | -€1,342 | -€3,261 | -€3,856 | ▼ 18.2% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Outside capital11 | €10,000 | - | - | - | - |
| Other1109/19 | €10,000 | - | - | - | - |
| Profit (loss) carried forward14 | -€5,251 | -€11,342 | -€13,261 | -€13,856 | ▼ 4.5% |
| Amounts payable17/49 | €8,533 | €13,812 | €16,127 | €11,168 | ▼ 30.7% |
| Amounts payable within one year42/48 | €8,533 | €13,812 | €16,127 | €11,168 | ▼ 30.7% |
| Trade debts44 | €2,052 | €5,669 | €4,237 | €305 | ▼ 92.8% |
| Suppliers440/4 | €2,052 | €5,669 | €4,237 | €305 | ▼ 92.8% |
| Taxes, remuneration and social security45 | - | - | €4,326 | €4,700 | ▲ 8.6% |
| Taxes450/3 | - | - | €2,626 | €3,000 | ▲ 14.2% |
| Remuneration and social security454/9 | - | - | €1,700 | €1,700 | = |
| Other amounts payable47/48 | €6,481 | €8,143 | €7,564 | €6,164 | ▼ 18.5% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,251 | -€6,092 | -€1,918 | -€595 | ▲ 69.0% |
| + Depreciation and write-downs630 | €1,813 | €3,163 | €2,629 | €1,883 | ▼ 28.4% |
| Operating cash flow (approximation) | -€3,438 | -€2,929 | €711 | €1,288 | ▲ 81.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€3,500 | - |
| Change in cash | - | €934 | €2,104 | -€5,488 | ▼ 361% |
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
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21910E0099/02E002 | Brussels | 60 m² | 1 · 55 m² | 13.6 m · 3 fl. |
Linked by address, not proof of ownership
Recognitions · licences · registrations
Food safety, FASFC
1 siteSimilar companies · same sector, comparable size
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.