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That's Y

Active Private limited companyfounded 2020active for 6 yearsNeerstraat 257, 9250 WaasmunsterKBO/BCE: BE 0741.687.536

Lifetime

6 annual accounts with figures on one time axis
peak €71,895 (2022)
€48,651▲ 34.1%
peak €50,584 (2022)
€19,635▲ 2.8%
peak €178,828 (2025)
€178,828▲ 11.2%
€40,559▼ 13.1%
Board1 name since 2020
1 director
Documentsfilings and deeds
15-07-202616 days before the deadline
2025micro format
Gross margin from €36,288 to €48,651Dividend €1,666

Key points

from the 2025 annual accounts

Equity

€178,828 ▲ 11.2%

That's Y has made a profit in every financial year since 2020.

Investments

€28,552 1.8 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Filings

6 annual accounts since 2020
AprilJune31 JulyOctober202020222024

The last five annual accounts were filed 16 to 112 days before the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 26,973 companies had the same profile as That's Y has now. Each dot stands for 68 companies, two years later.

94.8%
were still trading
3.5%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 26,973 companies, not a prediction for That's Y. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
  • 100 sharesdeed of 21-01-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0741687536
Incorporation Founding capital of €5,000, 100 shares · Founder: · Appointment: (director) · published on 21-01-2020 · Gazette deed
First establishment Neerstraat 257, Waasmunster
All 13 events

Comparable companies

same main activity, similar in size and age
Company
That's Y Waasmunster €219,387 €48,651 81.5% -
GVM Consult Ninove €220,785 €42,940 36.9% -
Vlasbloem Consult Sint-Niklaas €229,766 €56,899 82.6% 1
Jamie Cap Beveren-Kruibeke-Zwijndrecht €186,441 €47,540 17.7% -
DS MALIVI Buggenhout €236,871 €40,858 36.7% -
Lecluyse Consultancy Lochristi €271,192 €46,343 79.8% -
Bee@Work Ninove €240,475 €59,777 18.1% -

These companies have the same main activity as That's Y: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €186,000 and €271,000, founded between 2019 and 2020.

Official details

Source: KBO
Status
Active since 17-01-2020Normal situation
Activity
Business and other management consultancyNACE 70200and 5 others
Establishment unit
2.297.891.2979250 Waasmunster, since 17-01-2020
Financial year end
31 December
Peppol
Reachable since 30-01-2025
Company details

Annual accounts 2025

≈ €140,000estimated
€219,387▲ 5.7%
Filing
Filed on 15-07-2026, 16 days before the end of the filing period
Financials

Insights on That's Y

That's Y files the micro format. That format states no turnover. The gross margin fell from €66,616 in 2020 to €48,651 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about That's Y

What is the company number of That's Y?
The company number of That's Y is 0741.687.536. The VAT number is the same number with BE in front: BE 0741.687.536.
Where is That's Y based?
The registered office is at Neerstraat 257, 9250 Waasmunster.Company details
What does That's Y do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of That's Y?
That's Y is a private limited company (BV).
When was That's Y founded?
That's Y was founded on 17-01-2020.
Is That's Y still active?
Yes, That's Y is an active enterprise in the KBO register.
What is the turnover of That's Y?
The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €48,651 and 144 comparable companies (NACE 70200). It probably lies between €85,000 and €190,000.Financials
Is That's Y profitable?
In financial year 2025, That's Y made a profit of €19,635.
Where can I find the annual accounts of That's Y?
That's Y filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of That's Y due?
That's Y must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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