Losses
-€94,829 in four years
Every financial year from 2014 to 2017 closed with a loss. 2016 was the heaviest.
ITRASSI
Overview
Lifetime
4 annual accounts with figures on one time axispeak €243,839 (2016)
€153,204▼ 37.2%
lowest -€45,348 (2016)
-€12,371▲ €32,977
peak -€15,529 (2014)
-€88,629▼ €12,371
€123,769▲ 6.2%
peak 8.7 FTE (2016)
-not published
Board6 names since 2017
1 directorEL MALKI Rachid
Documentsfilings and deeds
31-10-201892 days late
2017micro format
Gross margin from €243,839 to €153,204Loss of €12,371Share transfer · Resignations & appointments 18-102 managers appointed, 1 resignation 26-05Equity from -€76,258 to -€88,629Cash from €4,619 to €6,887
Key points
from the 2017 annual accounts, the last ones filedDebts
€123,769 352% of the balance sheet
Filings
4 annual accounts 4 late
The 2017 accounts came latest: 92 days after the end of the period.
No score
Recent changes
Bankruptcy closure (by liquidation)
Enterprise Court of Leuven · judgment of 20-06-2024 · Bankruptcy
Bankruptcy published
Enterprise Court of Leuven · judgment of 28-11-2019 · Bankruptcy
Registered office moved from Maurage to Tienen
New registered office: HOUTEMSTRAAT N°5, 3300 TIRLEMONT · Previous registered office: RUE CENTRALE 4, 7110 MAURAGE · Resignation: EL MALKI RACHID (manager) · General meeting of 08-01-2019 · Gazette deed
Registered office moved from Charleroi to Maurage
Transfer of shares from ISSARTI Ali to EL MALKI Rachid · Transfer of shares from ISSARTI Abdelouahd to EL MALKI Rachid · Transfer of shares from ISSARTI Mimoun to EL MALKI Rachid · General meeting of 26-03-2018 · Gazette deed
Official details
Source: KBO- Status
- Inactivedeed of incorporation of 23-10-2013 · bankruptcy closed on 20-06-2024
- Activity
- No activity registered in the KBO
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2017
- €153,204▼ 37.2%
- ≈ €380,000estimated
- €12,371▼ 72.7%
- -€88,629▼ 16.2%
- €35,140▼ 12.7%
- Filing
- Filed on 31-10-2018
Insights on ITRASSI
On 28 November 2019 the court declared ITRASSI bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2017
micro format, filed on 31-10-2018, 92 days late€153,204
▼ 37.2%
-€10,119
▲ €27,984
-€12,371
▲ €32,977
-€109,460
▼ €659
-252.2%
▼ 62.7 percentage points
0.12
▲ 0.05
The turnover shown is an estimate from the gross margin.
Turnover ≈ €380,000. Estimated: probably between €260,000 and €590,000.
Balance sheet
balance sheet total €35,140 on 31-12-2017What the company ownsHow it is paid for
in euro
in euro
Staff
Staff costs divided by the average number of full-time equivalents.
people who joined
people who left
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
35,140 | 40,245 | 49,017 | 27,529 | |
21/28 |
20,831 | 32,544 | 39,658 | 18,188 | |
22/27 |
15,831 | 27,544 | 34,658 | 18,188 | |
23 |
14,298 | 24,477 | 34,658 | 18,188 | |
24 |
1,533 | 3,067 | - | - | |
28 |
5,000 | 5,000 | 5,000 | - | |
29/58 |
14,309 | 7,701 | 9,359 | 9,341 | |
3 |
4,565 | 2,290 | 5,285 | 5,850 | |
30/36 |
4,565 | 2,290 | 5,285 | 5,850 | |
40/41 |
2,857 | 792 | 3,766 | 6 | |
40 |
- | - | 161 | - | |
41 |
2,857 | 792 | 3,605 | 6 | |
54/58 |
6,887 | 4,619 | 308 | 3,485 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
35,140 | 40,245 | 49,017 | 27,529 | |
10/15 |
-88,629 | -76,258 | -30,910 | -15,529 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | |
100 |
18,600 | 18,600 | 18,600 | 18,600 | |
101 |
12,400 | 12,400 | 12,400 | 12,400 | |
14 |
-94,829 | -82,458 | -37,110 | -21,729 | |
17/49 |
123,769 | 116,503 | 79,927 | 43,058 | |
42/48 |
123,769 | 116,502 | 79,927 | 39,733 | |
44 |
47,995 | 36,359 | 34,152 | 10,640 | |
440/4 |
47,995 | 36,359 | 34,152 | 10,640 | |
45 |
60,288 | 79,215 | 44,324 | 29,061 | |
450/3 |
11,897 | 15,138 | 4,561 | 7,931 | |
454/9 |
48,390 | 64,077 | 39,763 | 21,130 | |
47/48 |
15,486 | 928 | 1,451 | 32 | |
492/3 |
- | 1 | - | 3,325 | |
| Income statement | |||||
9900 |
153,204 | 243,839 | 111,303 | 87,059 | |
62 |
150,441 | 267,842 | 113,191 | 100,656 | |
630 |
11,713 | 11,714 | 10,180 | 6,062 | |
640/8 |
1,169 | 2,386 | 341 | 900 | |
9901 |
-10,119 | -38,103 | -12,409 | -20,559 | |
75/76B |
- | - | 175 | - | |
75 |
- | - | 175 | - | |
65/66B |
2,252 | 7,245 | 3,147 | 1,170 | |
65 |
2,252 | 7,245 | 3,147 | 1,170 | |
9903 |
-12,371 | -45,348 | -15,381 | -21,729 | |
9904 |
-12,371 | -45,348 | -15,381 | -21,729 | |
9905 |
-12,371 | -45,348 | -15,381 | -21,729 | |
| Appropriation of the result | |||||
9906 |
-94,829 | -82,458 | -37,110 | -21,729 | |
| Social balance sheet | |||||
9087 |
- | 8.7 | 4.9 | 3.2 | |
Hours worked1013 |
- | 16,586 | 7,643 | 6,248 | |
| Document | |||||
Source: Annual accounts 2017 (PDF), filed on 31-10-2018.
Filings
each dot is a set of accounts, on the day it reached the National Bank2017 annual accounts filed 92 days after the deadline. Filed on 31 October 2018, deadline 31 July 2018 (7 months after the close on 31 December 2017, Companies Code art. 3:10). Source: NBB, 2018-71700298.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|
| 1,594 | -26,389 | -2,229 | -14,497 | ||
| -658 | -33,634 | -5,201 | -15,667 | ||
| 0 | 4,600 | 31,650 | 24,250 | ||
| 2,268 | 4,311 | -3,177 | - | ||
| -109,460 | -108,801 | -70,568 | -30,392 | ||
| -252.2% | -189.5% | -63.1% | -56.4% | ||
| 0.12 | 0.07 | 0.12 | 0.24 | ||
| 0.08 | 0.05 | 0.05 | 0.09 | ||
| -35.2% | -112.7% | -31.4% | -78.9% |
EBIT margin: not included in this filing.
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on ITRASSI
The operating result for 2017 is a loss of €10,119, smaller than the loss of €38,103 in 2016.
Equity is negative. Debt (€123,769) exceeds the balance-sheet total (€35,140).
Board & ownership
Curators
2 mandatesCurator, Engelandstraat 61, 3290 Diest
from 28-11-2019 to 20-06-2024
Also on 128 other cases
Curator, Engeland- Straat 61, 3290 Diest
from 28-11-2019 to 20-06-2024
Also on 321 other cases
Mandates through the years
6 namesIOANOVICI ADRIAN
Manager
Manager
EL MALKI Rachid
Manager
Manager
ISSARTI Abdelouahd
Manager
Manager
ISSARTI Ali
Manager
Manager
ECHIBANI Radia
Manager
Manager
ISSARTI Abdelouahed
Manager
Manager
Earliermandate already running before its first mentionend not datedBankruptcy 28-11-2019
Mandates as a list
- IOANOVICI ADRIAN
- Manager, appointed by deed of 21-01-2019, last mentioned in 2019
- EL MALKI Rachid
- Manager, appointed by deed of 26-05-2017, until 08-01-2019
- ISSARTI Abdelouahd
- Manager, until 01-04-2018
- ISSARTI Ali
- Manager, until 01-04-2018
- ECHIBANI Radia
- Manager, until 26-05-2017
- ISSARTI Abdelouahed
- Manager, appointed by deed of 26-05-2017, last mentioned in 2017
Control
Capital
- Capital
- €6,200
- Source
- 2017 annual accounts
Founder
Stated in the deed
deed of 21-01-2019 ↗
- EL MALKI RACHID associé
Network & group
No group
ITRASSI has no parent and no holdings in its annual accounts.
Earlier ties
| LE PAIN TODAY via ISSARTI Abdelouahed (at ITRASSI, last mentioned in 2017) and EL MALKI Rachid (at ITRASSI until 2019) · deeds of 12-01-2024 and 29-03-2018 founded in 2018 |
total assets €145,444 (2025) |
| OUARDANA via ISSARTI Abdelouahed, at ITRASSI, last mentioned in 2017 · Director (not named in the articles) · deed of 05-10-2026 |
founded in 2026 |
Connections & network
The network starts from the earlier ties.
This company
Company
Director
Shareholding
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Timeline
Timeline
14 events since 2013Board
Capital
Filings
Financial
Insolvency
Address
2014201620182020202220242026
2024
Bankruptcy closure (by liquidation) Enterprise Court of Leuven · judgment of 20-06-2024
2019
Bankruptcy published Enterprise Court of Leuven · judgment of 28-11-2019
Registered office moved from Maurage to TienenNew registered office: HOUTEMSTRAAT N°5, 3300 TIRLEMONT · Previous registered office: RUE CENTRALE 4, 7110 MAURAGE · Resignation: EL MALKI RACHID (manager) · General meeting of 08-01-20195 points ▸
- General meeting, 08-01-2019
- Director resignation, EL MALKI RACHID (manager)
- Partner, EL MALKI RACHID
- Director appointment, IOANOVICI ADRIAN (manager)
- Registered-office move, HOUTEMSTRAAT N°5, 3300 TIRLEMONT
2018
Annual accounts 2017 filed PDFmicro format · 92 days late
Registered office moved from Charleroi to MaurageTransfer of shares from ISSARTI Ali to EL MALKI Rachid · Transfer of shares from ISSARTI Abdelouahd to EL MALKI Rachid · Transfer of shares from ISSARTI Mimoun to EL MALKI Rachid · General meeting of 26-03-20188 points ▸
- General meeting, 26-03-2018
- Director resignation, ISSARTI Ali (manager)
- Share transfer, ISSARTI Ali → EL MALKI Rachid
- Director resignation, ISSARTI Abdelouahd (manager)
- Share transfer, ISSARTI Abdelouahd → EL MALKI Rachid
- Share transfer, ISSARTI Mimoun → EL MALKI Rachid
- Registered-office move, Rue Centrale 4 à 7110 Maurage
- EL MALKI Rachid holds 100 shares
- The deed holds 1 more point.
Share transfer · Resignations & appointmentsTransfer of shares from AARAB Ali to EL MALKI Rachid · Transfer of shares from BOUKRIATE Karim to EL MALKI Rachid · Partner: AARAB Ali (associé actif) · General meeting of 31-12-20179 points ▸
- General meeting, 31-12-2017
- Partner, AARAB Ali (associé actif)
- Partner, BOUKRIATE Karim (associé actif)
- Share transfer, AARAB Ali → EL MALKI Rachid
- Share transfer, BOUKRIATE Karim → EL MALKI Rachid
- ISSARTİ Abdelouahd holds 25 shares
- ISSARTI Ali holds 25 shares
- ISSARTI Mimoun holds 5 shares
- EL MALKI Rachid holds 45 shares
Registered office moved from Mons to CharleroiNew registered office: rue Neuve 84 à 6000 Charleroi · Previous registered office: RUE DES CAPUCINS 54 à 7000 MONS · General meeting of 01-12-20172 points ▸
- General meeting, 01-12-2017
- Registered-office move, rue Neuve 84 à 6000 Charleroi
2017
Share transfer · Resignations & appointmentsTransfer of 5 shares from EL MALKI Rachid to AARAB ALI · Transfer of 5 shares from EL MALKI Rachid to ISSARTI Mimoun · Transfer of 5 shares from EL MALKI Rachid to BOUKRIAT Karim · General meeting of 01-10-201712 points ▸
- General meeting, 01-10-2017
- Share transfer, EL MALKI Rachid → AARAB ALI, 5 shares
- Share transfer, EL MALKI Rachid → ISSARTI Mimoun, 5 shares
- Share transfer, EL MALKI Rachid → BOUKRIAT Karim, 5 shares
- Partner, AARAB ALI (associé actif)
- Partner, ISSARTI Mimoun (associé actif)
- ISSARTI Abdelouahd holds 25 shares
- ISSARTI Ali holds 25 shares
- AARAB ALI holds 5 shares
- ISSARTI Mimoun holds 5 shares
- EL MALKI Rachid holds 35 shares
- BOUKRIAT Karim holds 5 shares
Annual accounts 2016 filed PDFmicro format · 59 days late
2 managers appointed, 1 resignationResignation: Radia ECHIBANI (manager) · Appointments: ISSARTI Abdelouahed (manager) and EL MALKI Rachid (manager) · General meeting of 31-03-20174 points ▸
- General meeting, 31-03-2017
- Director resignation, Radia ECHIBANI (manager)
- Director appointment, ISSARTI Abdelouahed (manager), mentioned twice in the deed
- Director appointment, EL MALKI Rachid (manager)
2016
Weakest financial year net -€45,348 The net result drops to -€45,348, the lowest from 2014 to 2017.
Annual accounts 2015 filed PDFfull format · 19 days late
2015
Annual accounts 2014 filed PDFfull format · 17 days late
2013
Incorporation PDF9 publications in the Belgian Official Gazette, the last on 04-12-2019
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
The registered office moved to Charleroi in 2018, to Maurage in 2018 and to Tienen in 2019.123 Total assets rose from €27,529 in 2014 to €35,140 in 2017 and headcount from 3.2 full-time equivalents in 2014 to 8.7 in 2016.4 The bankruptcy of ITRASSI was declared on 28 November 2019 and closed on 20 June 2024.56
Company details
Inactive
ITRASSI is no longer in the KBO register.
- Last annual accounts
- financial year to 31 December 2017
- Last registered office
- Rue Centrale 4, 7110 Maurageas published on 21 January 2019
- Legal form
- Private limited company (pre-2019)
- First annual accounts
- financial year 2014