ACTIVE

ITHURRIA

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Financial year 2025 · Closed on 30/09/2025

Net result-1,4 M €-703,2 %over 1 year

Gross margin475,1 €+102,2 %over 1 year

Equity468,4 k €-74,9 %over 1 year

Workforce0,0 ETP

Identity

Source · BCE/KBO

ITHURRIA is a Public limited company incorporated in 1990. Its main activity is: Management consultancy activities. Its registered office is in Kluisbergen.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0442.295.353
Incorporation: 16/10/1990
Legal form: Public limited company
Registered office: Ommegangstraat 7-9
9690 Kluisbergen · FlandreSee on map
Contributed capital: 361 286,90 €
Latest accounts: 30/09/2025
Average workforce: 0,0 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 55204Holiday and other short-stay accommodation 55204Holiday and other short-stay accommodation 55209Holiday and other short-stay accommodation+1

Financials

Source · NBB, 19 filings

Trend over 17 financial years

	2025		2024		2023		2022		2019
Income statement
Gross margin	475,1 €	+102%	-21,8 k €	-94.3%	-11,2 k €	+67.4%	-34,5 k €	-159%	58,1 k €
EBITDA	-3,7 k €	+91.7%	-45,2 k €	-163%	-17,2 k €	+52.9%	-36,5 k €	-172%	50,5 k €
Operating result	-84,8 k €	+32.1%	-125 k €	-4.2%	-119,9 k €	+19.8%	-149,4 k €	-180%	-53,3 k €
Net result	-1,4 M €	-703%	-173,6 k €	-16.7%	-148,7 k €	+12.5%	-169,9 k €	-113%	1,3 M €
Balance sheet
Equity	468,4 k €	-74.9%	1,9 M €	-8.5%	2 M €	-6.8%	2,2 M €	+27.5%	1,7 M €
Total assets	2 M €	-41.3%	3,4 M €	+0.6%	3,4 M €	-2.1%	3,5 M €	-31.7%	5,1 M €
Cash	4,3 k €	-12.9%	5 k €	-3.3%	5,1 k €	+362%	1,1 k €	-100.0%	2,8 M €
Debts	1,5 M €	-0.8%	1,5 M €	+14.4%	1,4 M €	+5.8%	1,3 M €	-61.9%	3,4 M €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

3 active · 13 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Alexandre Druwel	Director01/03/2019 → 07/03/2031Managing director01/03/2019 → 2024 accountsended
Magali Druwel	Director01/03/2019 → 07/03/2031
Norbert Druwel	Director01/03/2019 → 07/03/2031Chairman of the board of directors01/03/2019 → 2023 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Magalie Druwel	Director01/03/2019 → 2022 accounts
Alexandre (AV 2013) Druwel	Director2012 accounts
Alexandre (AV 2019) Druwel	Director2013 accounts
Alexandre Druwel (AV 2019)	Director2017 accounts

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/05/2026	28/05/2025	30/04/2024	28/04/2023	30/03/2022	02/04/2021
General meeting	06/03/2026	07/03/2025	01/03/2024	03/03/2023	04/03/2022	05/03/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	06/03/2026	27/05/2026	Dutch	PDF
Abridged model	30/09/2024	07/03/2025	28/05/2025	Dutch	PDF
Abridged model	30/09/2023	01/03/2024	30/04/2024	Dutch	PDF
Abridged model	30/09/2022	03/03/2023	28/04/2023	Dutch	PDF
Abridged model	30/09/2021	04/03/2022	30/03/2022	Dutch	PDF
Abridged model	30/09/2020	05/03/2021	02/04/2021	Dutch	PDF
Abridged model	30/09/2019	06/03/2020	27/05/2020	Dutch	PDF
Abridged model	30/09/2018	01/03/2019	06/05/2019	Dutch	PDF
Abridged model	30/09/2017	02/03/2018	26/04/2018	Dutch	PDF
Abridged model	30/06/2016	02/12/2016	19/12/2016	Dutch	PDF
Abridged model	30/06/2015	06/12/2015	04/02/2016	Dutch	PDF
Abridged model	30/06/2014	05/12/2014	09/12/2014	Dutch	PDF
Abridged model	30/06/2013	06/12/2013	23/01/2014	Dutch	PDF
Abridged model	30/06/2012	07/12/2012	10/12/2012	Dutch	PDF
Abridged model	30/06/2011	02/12/2011	23/12/2011	Dutch	PDF
Abridged model	30/06/2010	03/12/2010	03/12/2010	Dutch	PDF
Abridged model	30/06/2009	04/12/2009	07/12/2009	Dutch	PDF
Abridged model	30/06/2008	05/12/2008	04/06/2009	Dutch	PDF
Abridged model	30/06/2007	07/12/2007	14/02/2008	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 30/09/2025

3 active · 13 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Alexandre Druwel	Director01/03/2019 → 07/03/2031Managing director01/03/2019 → 2024 accountsended
Magali Druwel	Director01/03/2019 → 07/03/2031
Norbert Druwel	Director01/03/2019 → 07/03/2031Chairman of the board of directors01/03/2019 → 2023 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Magalie Druwel	Director01/03/2019 → 2022 accounts
Alexandre (AV 2013) Druwel	Director2012 accounts
Alexandre (AV 2019) Druwel	Director2013 accounts
Alexandre Druwel (AV 2019)	Director2017 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates24/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring09/05/2022
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Restructuring28/01/2022
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates28/10/2019
ONTSLAGEN - BENOEMINGEN
PDF
Other13/07/2017
BOEKJAAR
PDF
Mandates21/10/2016
DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/03/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/09/2008
ONTSLAGEN - BENOEMINGEN
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings17 filings

Mandates

Magali Druwel

Norbert Druwel

Alexandre Druwel

Magalie Druwel

Alexandre Druwel (AV 2019)

Alexandre (AV 2013) Druwel

Norbert Druwel (AV 2025)

Norbert (AV 2019) Druwel

Magalie (AV 2013) Druwel

Magalie Druwel (AV 2025)

Alexandre (AV 2019) Druwel

Magalie (AV 2019) Druwel

Show the 4 other mandates

199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031

ITHURRIA

Ommegangstraat 7-9, 9690 Kluisbergen

Director

DirectorChairman of the board of directors

DirectorManaging director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Ommegangstraat 7-9, 9690 KluisbergenCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00125386

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ITHURRIACurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00125386

Events

2025
Annual accounts 2025-1,4 M €↓
2024
Annual accounts 2024-173,6 k €↓
2023
Annual accounts 2023-148,7 k €↑
2022
Annual accounts 2022-169,9 k €↓
2019
Annual accounts 20191,3 M €↑
2018
Annual accounts 20182,5 k €↓
2017
Annual accounts 201787,7 k €↑
2016
Annual accounts 2016-337,9 k €↓
2015
Annual accounts 2015-49,5 k €↓
2014
Annual accounts 2014-5,6 k €↑
2013
Annual accounts 2013-40,4 k €↓
2012
Annual accounts 201250,4 k €↑
2011
Annual accounts 2011-32,6 k €↓
2010
Annual accounts 2010-4 k €↑
2009
Annual accounts 2009-102,2 k €↓
2008
Annual accounts 2008-51,9 k €↓
2007
Annual accounts 2007568,6 k €
16/10/1990
IncorporationPublic limited company

ITHURRIA

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events