The Why Not Company
ActiveSummary
The Why Not Company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29k and a net result of €1k. Its solvency ranks better than 12% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-31
Solvency30▼-37
Growth52
Track record94
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.04 against 1.86 in 2024; short-term debt: 23.8% and cash: 1.2% of total assets), and 95.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
4.7%
Return on assets
0.2%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 31694 sector peers (2025).
NBB · sector comparisonPosition among 31694 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-01-2026, 4 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
4 d early
2024
17 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€29k▲ 4.0%
2024 · €28k
2024: €28k
2024 → 2025
Total assets
€616k▲ 831%
2024 · €66k
2024: €66k
2024 → 2025
Net result
€1k▼ 95.5%
2024 · €25k
2024: €25k
2024 → 2025
Working capital
€5k▼ 75.9%
2024 · €22k
2024: €22k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€28k-€29k▲ 4.0%
Operating result€33k-€8k▼ 76.5%
Net result€25k-€1k▼ 95.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 77% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €616k
Fixed assets
€464k ▲ 2,545%
Current assets
€152k ▲ 212%
Equity and liabilities €616k
Equity
€29k ▲ 4.0%
Debt
€587k ▲ 1,422%
Debt's share of the balance-sheet total rises from 58.3% to 95.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€71k▲
2024 · €37k
Cash flow
€65k▲
2024 · €29k
Current ratio
1.04▼
2024 · 1.86
Debt to equity
20.47▲
2024 · 1.40
ROE
3.8%▼
2024 · 89.1%
ROA
0.2%▼
2024 · 37.2%
Interest coverage
15.30▼
2024 · 34.61
Debt ≤ 1 year
€146k▲
2024 · €26k
Debt > 1 year
€441k▲
2024 · €12k
Income taxes
€2k▼
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€66k€616k▲
Fixed assets21/28€18k€464k▲
Tangible fixed assets22/27€18k€464k▲
Land and buildings22-€450k
Furniture and vehicles24€18k€14k▼
Current assets29/58€49k€152k▲
Amounts receivable within one year40/41€13k€144k▲
Trade receivables40€13k€138k▲
Other amounts receivable41-€7k
Cash at bank and in hand54/58€36k€7k▼
Deferred charges and accrued income490/1€309€440▲
Equity and liabilities
Total equity and liabilities10/49€66k€616k▲
Equity10/15€28k€29k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€25k€26k▲
Amounts payable17/49€39k€587k▲
Amounts payable after more than one year17€12k€441k▲
Financial debts170/4€12k€441k▲
Amounts payable within one year42/48€26k€146k▲
Current portion of amounts payable after more than one year42€5k€22k▲
Trade debts44€7k€75k▲
Suppliers440/4€7k€75k▲
Advances received on contracts in progress46-€40k
Taxes, remuneration and social security45€13k€9k▼
Taxes450/3€13k€9k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€64k▲
Other operating charges640/8€687€511▼
Gross operating margin9900€38k€72k▲
Operating profit (loss)9901€33k€8k▼
Financial income75/76B-€269
Recurring financial income75-€269
Financial charges65/66B€1k€5k▲
Recurring financial charges65€1k€5k▲
Profit (loss) for the period before taxes9903€32k€3k▼
Income taxes67/77€7k€2k▼
Profit (loss) for the period9904€25k€1k▼
Profit (loss) for the period to be appropriated9905€25k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€25k€26k▲
Profit (loss) brought forward from the previous period14P-€25k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
14-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Bassenge · 1 establishment unit since 2023
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.
Allée de l'Entr'Aide 34690 BassengeGround area
889 m²
Building footprint
122 m²
Volume, LiDAR
851 m³
Parcel 62086A0546/00G000, Wallonia · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
The Why Not Company
since 20232.352.906.729
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62086A0546/00G000 | Wallonia | 889 m² | 1 · 121 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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BE 0744.985.734
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 34,096 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-05-2023
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
68201Renting and operating of own or leased residential real estate, excluding social housing
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.