Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ITHURRIA from Kluisbergen, company number BE0442295353, closed financial year 2025 with a result of € -1.4 million after tax. For that financial year ITHURRIA recorded a gross margin of € 475 and equity of € 468,425. Compared with financial year 2024, the result moved from € -173,621 to € -1.4 million. The company made a loss. The buffer shrank hard: equity is 75 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 27, 2026.
€ 468,425
▼ 75% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.4 million
▼ 703 % more loss than in 2024
Profit after tax over the fiscal year.
€ 4,318
▼ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 107,138.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 531,576
▼ 14% vs 2024
€ 86,731 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 15,388
▼ 76% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,359
▼ 87% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -34,515 | € -11,241 | € -21,843 | € 475 | ▲ € 22,318 |
| Profit after taxes | € -169,887 | € -148,725 | € -173,621 | € -1,394,507 | ▼ € 1.2 million |
| Equity | € 2,185,278 | € 2,036,553 | € 1,862,932 | € 468,425 | ▼ 75% |
| Total debts | € 1,280,885 | € 1,356,256 | € 1,550,190 | € 1,535,790 | ▼ 1% |
| Cash | € 1,108 | € 5,121 | € 4,954 | € 4,318 | ▼ 13% |
| Land & buildings | € 850,943 | € 770,712 | € 691,830 | € 620,084 | ▼ 10% |
| Retained profit | € 1,762,006 | € 1,613,281 | € 1,439,659 | € 107,138 | ▼ 93% |
| Bank debt | € 801,913 | € 705,223 | € 615,133 | € 531,576 | ▼ 14% |
| Balance sheet total | € 3,466,163 | € 3,392,809 | € 3,413,122 | € 2,004,215 | ▼ 41% |
Key figures of ITHURRIA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to ITHURRIA?
What happened at ITHURRIA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Magali Druwel stepped down as director. NBB
- Norbert Druwel stepped down as director. NBB
- Alexandre Druwel stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.4 million. filed late Source: NBB ↗
- Magali Druwel became a director. NBB
- Norbert Druwel became a director. NBB
- Alexandre Druwel became a director. NBB
- New establishment in Kluisbergen. KBO
In short
From € 169,887 loss in 2022 to € 1.4 million loss in 2025.
Paid € 16,765 in corporate taxes since 2022.
Management
It owns 100% of Imovron NV and 100% of Druwel Invest NV itself.
Directors
According to the 2025 annual accounts
since 2025 · until 2031
since 2025 · until 2031
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Ommegangstraat 7-9
9690 Kluisbergen
Ommegangstraat 7 9
9690 Kluisbergen
Active since 3 January 1991
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0442.295.353
- VAT number
- BE 0442.295.353
- Registered office
- Ommegangstraat 7-9, 9690 Kluisbergen
- Names & denominations
- ITHURRIA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 October 1990
- Peppol
- Active · Active since 17 Jul 2025
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