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Complete company report
Generated 11-08-2026
Active BE 0893.099.883Private limited company

IITTALA

Korte Gasthuisstraat 24 ·2000 Antwerpen, Belgium· 18 yrs active
Sector: Retail trade (47553)
Conclusion Checked

The computed 12-month bankruptcy probability of IITTALA is 1.0% (low). The 2023 annual accounts show equity of €438k and a net result of €-12k. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 92% of 1069 sector peers (fiscal year 2023). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 5 annual accounts.
Key figures
Equity €438k
Net result €-12k
Staff (FTE) 4.2
Better than sector 92%
Snowflake analysis 5 of 5 axes measured · computed by Checked
Health54Profitability9Solvency100Growth78Stability100
68 / 100

Strong profile, led by solvency.

All 5 axes are computed from data Checked has read.

Health 54
Profitability 9
Solvency 100
Growth 78
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
1.0% Low
0%0,5%1,5%4%10%≥25%
Annual accounts: weaker financial profile +Higher-failure-rate sector +Long track record −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Established
Founded in 2007, 18 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags 0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2023 · computed
54 / 100 Fair
050100
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

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Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 10-09-2024 with the NBB · fiscal year 2023 · verkort
€-1.00M€-500k€0€500k€1.00MOperating result 2019: €18k€18kNet result 2019: €-990k€-990kOperating result 2020: €19k€19kNet result 2020: €-976k€-976kOperating result 2021: €38k€38kNet result 2021: €32k€32kOperating result 2022: €22k€22kNet result 2022: €16k€16kRevenue 2023: €953k€953kOperating result 2023: €-2k€-2kNet result 2023: €-12k€-12k20192020202120222023
RevenueOperating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~3.7%/year over 5 fiscal years, indicative, assuming unchanged policy.
€350k€400k€450k€500k€550k2024: €464k (€429k - €499k)2025: €481k (€446k - €516k)2026: €499k (€460k - €539k)2019: €387k2020: €401k2021: €433k2022: €449k2023: €438k20192020202120222023202420252026
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2023 · NACE 47, Retail trade · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 74.5% 23.1%
better than 92% of 1069 sector peers
Net result €-12k €25k
better than 22% of 1068 sector peers
Equity €438k €132k
better than 78% of 1070 sector peers
Gross operating margin €239k €202k
better than 56% of 1068 sector peers
Staff costs €211k €151k
higher than 63% of 810 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€953k
- 19-23
EBITDA
€17k
-60.7% 19-23
Net profit
€-12k
- 19-23
Cash flow
€7k
-81.8% 19-23
Total assets
€587k
-12.8% 19-23
Equity
€438k
-2.6% 19-23
Working capital
€440k
+3.4% 19-23
Employees (FTE)
4
0.0% 19-23
Staff costs
€211k
+6.7% 19-23
Debt
€150k
-33.2% 19-23
Debt ≤ 1y
€134k
-36.4% 19-23
Current ratio
4.30
+42.0% 19-23
Quick ratio
3.18
+27.3% 19-23
Solvency
74.5%
+11.7% 19-23
Debt / equity
0.34
-31.4% 19-23
ROE
-2.7%
- 19-23
ROA
-2.0%
- 19-23
Net margin
-1.2%
- 19-23
EBITDA margin
1.8%
- 19-23
Interest coverage
1.25
-82.6% 19-23
Figures by fiscal year
Fiscal year2023
Depositverkort
Revenue€953k
EBITDA€17k
Net profit€-12k
Cash flow€7k
Staff costs€211k
Income taxes-
Dividends-
Total assets€587k
Equity€438k
Debt€150k
of which ≤ 1y€134k
of which > 1y-
Working capital€440k
Employees (FTE)4.2
Ratios (computed)
2023
Current ratio4.30
Quick ratio3.18
Working capital ratio75.0%
Solvency74.5%
Debt / equity0.34
Long-term debt ratio-
Interest coverage1.25
Gross margin25.1%
Net margin-1.2%
ROA-2.0%
ROE-2.7%
EBITDA margin1.8%
Days sales outstanding32d
Days payable outstanding38d
Inventory turnover4.79
Days inventory (DSI)76d
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€587k
Fixed assets 21/28€14k
Tangible fixed assets 22/27€14k
Current assets 29/58€574k
Stocks & contracts in progress 3€149k
Amounts receivable within one year 40/41€83k
Investments 50/53€97k
Cash & bank 54/58€124k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€587k
Equity 10/15€438k
Contributions / capital 10/11€1.37M
Reserves 13€2k
Accumulated profits (losses) 14€-939k
Amounts payable 17/49€150k
Amounts payable within one year 42/48€134k
Trade debts payable within one year 44€73k
Income statement
Turnover 70€953k
Gross operating margin 9900€239k
Operating result 9901€-2k
Financial income 75€3k
Financial charges 65€14k
Result before taxes 9903€-12k
Net result for the period 9904€-12k
Result to be appropriated 9905€-12k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Retail trade(47553)
Legal form Private limited company(610)
Incorporation26-10-2007
StatusActive
Postal code2000
Establishment units 1 location
Korte Gasthuisstraat 24, 2000 Antwerpen
de kleinhandel in huishoudelijke artikelen, n.e.g.
since 20072.167.959.205
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11803C1778/00E000
ProtectedMonumentHerenhuis in traditionele stijlSource ↗
 Flanders 478 m² 1 · 84 m² 17.8 m · 6 fl.
Methodology
via registered seat: 1
1 of 1 parcels 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 (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Updates 12 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
07-05-2025
State Gazette act Statutes amendment
2024
10-09-2024
NBB filing Annual accounts filed
fiscal year 2023 · verkort
2023
25-07-2023
NBB filing Annual accounts filed
fiscal year 2022 · verkort
2022
19-08-2022
State Gazette act Director changes
20-07-2022
NBB filing Annual accounts filed
fiscal year 2021 · verkort
2021
16-07-2021
NBB filing Annual accounts filed
fiscal year 2020 · verkort
2020
23-07-2020
NBB filing Annual accounts filed
fiscal year 2019 · verkort
2019
05-06-2019
NBB filing Annual accounts filed
fiscal year 2018 · verkort
2018
09-08-2018
NBB filing Annual accounts filed
fiscal year 2017 · volledig
2017
26-07-2017
NBB filing Annual accounts filed
fiscal year 2016 · volledig
2016
21-06-2016
NBB filing Annual accounts filed
fiscal year 2015 · volledig
2015
28-08-2015
NBB filing Annual accounts filed
fiscal year 2014 · volledig
Belgisch Staatsblad, acts 2 acts
All acts · 2 updated 1 year ago
2025
07-05-2025 Articles of association amended Statutes amendment
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2022
19-08-2022 6 directors appointed, 1 reappointed Director changes
  • Wouter Lauwers, Bijzondere gevolmachtigden
  • Gert Cauwenbergh, Bijzondere gevolmachtigden
  • Charlotte Reabel, Bijzondere gevolmachtigden
  • Annick Garcet, Bijzondere gevolmachtigden
  • Chloë Everaert, Bijzondere gevolmachtigden
  • Guusje Huijbregts, Bijzondere gevolmachtigden
  • EY Bedrijfsrevisoren BV, Commissaris
Technical details 
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Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE) Crossroads Bank
Activities
Detailhandel in glas-, porselein- en aardewerk en in niet-elektrische huishoudelijke artikelen47553Detailhandel in glas-, porselein- en aardewerk en in niet-elektrische huishoudelijke artikelen in gespecialiseerde winkels47593Detailhandel in artikelen voor verlichting en woninginrichting52442
Primary activity highlighted.
Names & trade names
Legal nameNL IITTALA
Registered office
Korte Gasthuisstraat 24
2000 Antwerpen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative