The Short Way
ActiveFrom the official registers: KBO 38 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The Short Way has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €510,410 and a net result of €11,931. Equity has been stable since 2019 (±2.2% per year). Its solvency ranks better than 85% of 9,829 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 04-02-1987 Normal situation
- Activity
- Wholesale of clothing, excluding workwear and underwear NACE 46423and 1 other
- Establishment unit
- 2.033.691.013 2018 Antwerpen, since 18-02-1987
- Financial year end
- 30 September
- Peppol
- Reachable since 03-10-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €265,198
- ▼ 15.2%
- Turnover
- ≈ €1.3m
- estimated
- Profit
- €11,931
- Equity
- €510,410
- ▲ 2.4%
- Total assets
- €630,222
- ▼ 12.8%
- Employees on 30-09-2025
- 4
- =
Score breakdownlowers riskFounded in 1987Equity €510,410 (81.0% of total assets)Figures for financial year 2025 (filed on 25-04-2026)Size: 2.6 FTE, total assets €630,222Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 90% of them on solvency, 57% on liquidity, 56% on profitability and 49% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 9 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: Higher solvency than 84% of companies in wholesale tradesector median 43.0% · 9,829 companies 81.0% View
Comparable companies
These companies have the same main activity as The Short Way: wholesale of clothing, excluding workwear and underwear (NACE 46423). They are comparable in size and age: total assets between €373,000 and €1.2m, founded between 1975 and 2000.
| Company | Total assets | Gross margin |
|---|---|---|
| The Short Way Antwerpen | €0.6m | €0.3m |
| NOURATEX Lokeren | €0.5m | €0.2m |
| LEODEL Jodoigne | €0.4m | €0.2m |
| RITS AGENCY Sint-Pieters-Woluwe | €0.5m | €0.3m |
| LINEA VERDE Elsene | €1.2m | €0.3m |
| SOBRUNOL Knokke-Heist | €0.4m | €0.2m |
| ENES Antwerpen | €0.9m | €0.3m |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 23-04-2026
- Annual accounts 2024filed on 06-05-2025
- Annual accounts 2023filed on 30-04-2024
- Annual accounts 2022filed on 27-04-2023
Acts in the Belgian Official Gazette
- Legal-form change · Resignations & appointmentsact of 18-10-2023
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about The Short Way
- What is the company number of The Short Way?
- The company number of The Short Way is 0430.400.183. The VAT number is the same number with BE in front: BE 0430.400.183.
- Where is The Short Way based?
- The registered office is at Mechelsesteenweg 29, 2018 Antwerpen.Company details
- What does The Short Way do?
- According to the KBO register, the main activity is wholesale of clothing, excluding workwear and underwear (NACE 46423).
- What is the legal form of The Short Way?
- The legal form of The Short Way is Private limited company (BV).
- When was The Short Way founded?
- The Short Way was founded on 04-02-1987.
- Is The Short Way still active?
- Yes, The Short Way is an active enterprise in the KBO register.
- How many employees does The Short Way have?
- The Short Way had an average of 2.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of The Short Way?
- The turnover in financial year 2025 is ≈ €1.3m. This figure is estimated from the gross margin of €265,198 and 37 comparable companies (NACE 464). It probably lies between €980,000 and €2.0m.
- Is The Short Way profitable?
- In financial year 2025, The Short Way made a profit of €11,931.
- Where can I find the annual accounts of The Short Way?
- The Short Way filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
- When are the next annual accounts of The Short Way due?
- The Short Way must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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