ACTIVE

IITTALA

Export PDF

Financial year 2023 · closed on 31/12/2023

Net result

-11,9 k €

-172.3% YoY

Revenue

952,9 k €

Equity

437,6 k €

-2.6% YoY

Workforce

4,2 ETP

0.0% YoY

What does IITTALA do?

IITTALA is a Private limited company incorporated in 2007. Its main activity is: Retail sale of other household equipment in specialised stores. Its registered office is in Antwerpen. It employs on average 4,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0893.099.883

Incorporation

26/10/2007

Legal form

Private limited company

Registered office

Korte Gasthuisstraat 24
2000 Antwerpen · FlandreSee on map

Contributed capital

1 374 975,04 €

Latest accounts

31/12/2023

Average workforce

4,2 ETP

Activities (NACE)

47553Retail sale of other household equipment in specialised stores· main 47593Retail sale of furniture, lighting equipment and other household articles in specialised stores 52442Warehousing and support activities for transportation

Joint committees (3)

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2023		2022		2021		2020		2019		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	952,9 k €		–		–		–		–		741,2 k €	-21.6%	945,6 k €	+8.0%	875,2 k €	+0.2%	873 k €	-29.9%	1,2 M €	-11.9%	1,4 M €	+7.1%	1,3 M €	-15.9%	1,6 M €	-21.0%	2 M €		–
EBITDA	17,1 k €	-60.7%	43,5 k €	-26.9%	59,4 k €	+68.4%	35,3 k €	+21.4%	29,1 k €	+245%	-20,1 k €	+92.4%	-265,4 k €	-35.9%	-195,3 k €	-4.9%	-186,2 k €	-17.3%	-158,7 k €	-146%	-64,4 k €	-193%	69,4 k €	+11.0%	62,5 k €	-73.6%	236,8 k €	+133%	101,7 k €
Operating result	-1,6 k €	-107%	22,4 k €	-41.4%	38,2 k €	+101%	19 k €	+3.7%	18,3 k €	+175%	-24,5 k €	+91.3%	-282,2 k €	-34.6%	-209,6 k €	-0.8%	-207,9 k €	+1.6%	-211,2 k €	-33.5%	-158,2 k €	-4415%	-3,5 k €	+82.1%	-19,5 k €	-113%	147,2 k €	+205%	48,2 k €
Net result	-11,9 k €	-172%	16,4 k €	-48.8%	32,1 k €	+129%	14 k €	-6.5%	15 k €	+155%	-27,3 k €	+90.5%	-287,5 k €	-33.3%	-215,7 k €	-1.4%	-212,7 k €	+22.5%	-274,4 k €	-61.7%	-169,6 k €	-1615%	-9,9 k €	+77.9%	-44,8 k €	-171%	62,8 k €	+239%	18,5 k €
Balance sheet
Equity	437,6 k €	-2.6%	449,5 k €	+3.8%	433,1 k €	+8.0%	401 k €	+3.6%	386,9 k €	+7.7%	359,4 k €	-7.1%	386,7 k €	+219%	-325,8 k €	-196%	-110,1 k €	-207%	102,6 k €	+183%	-123 k €	-364%	46,6 k €	-17.5%	56,5 k €	-44.2%	101,3 k €	+163%	38,5 k €
Total assets	587,3 k €	-12.8%	673,6 k €	-4.0%	701,6 k €	+1.6%	690,5 k €	+11.6%	618,5 k €	+13.5%	545 k €	-21.1%	691 k €	+69.5%	407,7 k €	+10.1%	370,4 k €	-18.3%	453,6 k €	-23.9%	596,3 k €	-2.3%	610,2 k €	-14.3%	712,1 k €	-14.1%	828,9 k €	+46.3%	566,6 k €
Cash	124,4 k €	+8.0%	115,2 k €	-54.5%	253,2 k €	-20.4%	318,2 k €	+157%	123,8 k €	-45.3%	226,2 k €	-44.0%	404 k €	+1049%	35,1 k €	-50.3%	70,7 k €	+57.6%	44,9 k €	-69.7%	148,2 k €	+183%	52,4 k €	-18.0%	63,9 k €	-19.5%	79,4 k €	-46.0%	147,1 k €
Debts	133,5 k €	-36.4%	210 k €	-17.2%	253,5 k €	-7.3%	273,4 k €	+35.0%	202,6 k €	+16.8%	173,5 k €	-41.0%	293,9 k €	-58.8%	712,6 k €	+58.0%	450,9 k €	+33.2%	338,4 k €	-52.1%	706,2 k €	+25.4%	563,3 k €	-14.1%	655,5 k €	-9.9%	727,5 k €	+37.8%	527,8 k €
Other
Workforce	4,2 ETP	0.0%	4,2 ETP	-2.3%	4,3 ETP	0.0%	4,3 ETP	+2.4%	4,2 ETP	-23.6%	5,5 ETP	-21.4%	7,0 ETP	+9.4%	6,4 ETP	+56.1%	4,1 ETP	-28.1%	5,7 ETP	-9.5%	6,3 ETP	+26.0%	5,0 ETP	-16.7%	6,0 ETP	-20.0%	7,5 ETP	+82.9%	4,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2023 · 3 active · 16 ended

Active mandates

Adrianus Hendrikus Meeuwissen

Managing director · since 31 octobre 2023

Active

Franciscus Pruijn

Managing director · since 01 octobre 2020 · until 31 octobre 2023

Active

Päïvi Timonen

Director · since 12 décembre 2019

Active

Ended mandates

Franciscus Pruijn

Managing director · since 01 octobre 2020

Ended

Alexander Francke

Director · since 01 janvier 2020 · until 03 juillet 2020

Ended

Païvi Timonen

Manager · since 26 septembre 2016

Ended

Païvi Paltola

Manager · since 01 janvier 2016 · until 27 septembre 2016

Ended

Annual accounts

Full financial information

	2023	2022	2021	2020	2019	2018
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018
Closing of the financial year	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	10/09/2024	25/07/2023	20/07/2022	16/07/2021	23/07/2020	05/06/2019
General meeting	05/09/2024	13/07/2023	13/07/2022	30/06/2021	17/07/2020	31/05/2019
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

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2023	05/09/2024	10/09/2024	Dutch	PDF
Abridged model	31/12/2022	13/07/2023	25/07/2023	Dutch	PDF
Abridged model	31/12/2021	13/07/2022	20/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	16/07/2021	Dutch	PDF
Abridged model	31/12/2019	17/07/2020	23/07/2020	Dutch	PDF
Abridged model	31/12/2018	31/05/2019	05/06/2019	Dutch	PDF
Full model	31/12/2017	31/05/2018	09/08/2018	Dutch	PDF
Full model	31/12/2016	31/05/2017	26/07/2017	Dutch	PDF
Full model	31/12/2015	31/05/2016	21/06/2016	Dutch	PDF
Full model	31/12/2014	14/08/2015	28/08/2015	Dutch	PDF
Full model	31/12/2013	15/09/2014	19/12/2014	Dutch	PDF
Full model	31/12/2012	28/06/2013	18/07/2013	Dutch	PDF
Full modelCorrection	31/12/2011	31/07/2012	10/09/2012	Dutch	PDF
Full model	31/12/2011	31/05/2012	29/06/2012	Dutch	PDF
Full model	31/12/2010	31/05/2011	08/07/2011	Dutch	PDF
Full model	31/12/2009	31/05/2010	08/07/2010	Dutch	PDF
Abridged model	31/12/2008	27/04/2009	20/05/2009	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2023 · 3 active · 16 ended

Active mandates

Adrianus Hendrikus Meeuwissen

Managing director · since 31 octobre 2023

Active

Franciscus Pruijn

Managing director · since 01 octobre 2020 · until 31 octobre 2023

Active

Päïvi Timonen

Director · since 12 décembre 2019

Active

Ended mandates

Franciscus Pruijn

Managing director · since 01 octobre 2020

Ended

Alexander Francke

Director · since 01 janvier 2020 · until 03 juillet 2020

Ended

Païvi Timonen

Manager · since 26 septembre 2016

Ended

Païvi Paltola

Manager · since 01 janvier 2016 · until 27 septembre 2016

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other07/05/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates22/01/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/08/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/01/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/09/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/04/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/01/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/01/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2023
Annual accounts 2023-11,9 k €↓
2022
Annual accounts 202216,4 k €↓
2021
Annual accounts 202132,1 k €↑
2020
Annual accounts 202014 k €↓
2019
Annual accounts 201915 k €↑
2017
Annual accounts 2017-27,3 k €↑
2016
Annual accounts 2016-287,5 k €↓
2015
Annual accounts 2015-215,7 k €↓
2014
Annual accounts 2014-212,7 k €↑
2013
Annual accounts 2013-274,4 k €↓
2012
Annual accounts 2012-169,6 k €↓
2011
Annual accounts 2011-9,9 k €↑
2010
Annual accounts 2010-44,8 k €↓
2009
Annual accounts 200962,8 k €↑
2008
Annual accounts 200818,5 k €
26/10/2007
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

IITTALA

Overview

What does IITTALA do?

Trend over 15 financial years

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