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THAT'S THE WAY

Active
Private limited company (pre-2019)· 27 yrs active
Chaussée de Louvain 431 ·1380 Lasne, Belgium
KBO/BCE: BE 0465.380.660
Watch Print / PDF
Age27 yrs
Real estate2 parcels · 7,206 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of THAT'S THE WAY is 0.9% (low). The company has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. No processed annual-account figures are available; this conclusion rests on registry and State Gazette data only.

Based on State Gazette and CBE data.

Signals

Insufficient current data: the most recent filed accounts (financial year 2019) are too old to derive current signals.

Filing behaviour

From the deposit records, complete market-wide
Annual accounts not filed
The financial year that closed on 31-12-2020 was due at the National Bank by 31-07-2021. Nothing is on record today, 1841 days later. 6 financial years are missing in total. Measured on financial year 2023: 41.75% of the companies that did not file are in an abnormal legal state today, against 1.66% of those that did.
Filed after the deadline
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 21-10-2020, 82 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2019, that is 31-07-2020.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 nothing on record not filed -
31-12-2023 31-07-2024 nothing on record not filed -
31-12-2022 31-07-2023 nothing on record not filed -
31-12-2021 31-07-2022 nothing on record not filed -
31-12-2020 31-07-2021 nothing on record not filed -
31-12-2019 31-07-2020 21-10-2020 82 d late 2020-63700389
31-12-2016 31-07-2017 25-09-2017 56 d late 2017-62500440
31-12-2015 31-07-2016 16-08-2016 16 d late 2016-43100038
31-12-2014 31-07-2015 25-09-2015 56 d late 2015-62600386
31-12-2013 31-07-2014 24-10-2014 85 d late 2014-65600428
31-12-2012 31-07-2013 18-11-2013 110 d late 2013-66200193

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Long-established
Founded in 1999, 27 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

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.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.9% Low
0%0,5%1,5%4%10%≥25%
No NACE activity registered +Long track record −Higher-failure-rate region +

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

Financials

Annual accounts & ratios

Source: NBB
Financials being processed
NBB has 10 filing(s) on record for this company, latest fiscal year 2019 (volledig). The annual accounts are being processed.
Filings on record
Fiscal year Type Filed Reference
31-12-2019 volledig 21-10-2020 2020-63700389
31-12-2016 volledig 25-09-2017 2017-62500440
31-12-2015 volledig 16-08-2016 2016-43100038
31-12-2014 volledig 25-09-2015 2015-62600386
31-12-2013 volledig 24-10-2014 2014-65600428
31-12-2012 volledig 18-11-2013 2013-66200193
31-12-2011 volledig 26-09-2012 2012-58000040
31-12-2010 volledig 20-06-2011 2011-18200136
31-12-2009 volledig 14-12-2010 2010-63000517
31-12-2008 volledig 24-09-2009 2009-77100039

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Chaussée de Louvain 4311380 Lasne

Establishment units

1 location
Avenue du Beau Séjour 52, 1440 Braine-le-Château
Speur- en ontwikkelingswerk op wetenschappelijk gebied
since 19992.091.853.597
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area7,206 m²
Buildings2
Building footprint387 m²
Volume (LiDAR)767 m³
Tallest building12.8 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25015A0370/00F000 Wallonia 4,006 m² 1 · 231 m² -
25076F0006/00S005 Wallonia 3,200 m² 1 · 156 m² 12.8 m · 2 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

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.

Company registry

Company registry (CBE)

Crossroads Bank
Names & trade names
Legal nameFR THAT'S THE WAY
Registered office
Chaussée de Louvain 431 bus D
1380 Lasne, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.