Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
Financials
Financial year 2025
That's Why from Wevelgem, company number BE0736837239, closed financial year 2025 with a result of € -2,538 after tax. For that financial year That's Why recorded a gross margin of € -1,686 and equity of € -1,030. Compared with financial year 2024, the result moved from € 3,172 to € -2,538. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 24, 2026.
€ -1,030
▼ € 2,538 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,538
▼ still € 3,172 profit in 2024
Profit after tax over the fiscal year.
€ 1,121
▼ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -7,030.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 313
▼ 85% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,941 | € -2,138 | € 3,717 | € -1,686 | ▼ € 5,403 |
| Profit after taxes | € 802 | € -2,894 | € 3,172 | € -2,538 | ▼ € 5,710 |
| Equity | € 1,229 | € -1,665 | € 1,507 | € -1,030 | ▼ € 2,538 |
| Total debts | € 3,914 | € 10,927 | € 8,785 | € 8,804 | |
| Cash | € 1,680 | € 982 | € 1,140 | € 1,121 | ▼ 2% |
| Retained profit | € -4,771 | € -7,665 | € -4,493 | € -7,030 | ▼ € 2,538 |
| Balance sheet total | € 5,143 | € 9,262 | € 10,293 | € 7,774 | ▼ 24% |
Key figures of That's Why, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to That's Why?
What happened at That's Why in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,538 (▼ € 5,710 vs 2024). Source: NBB ↗
- New establishment in Beveren-Kruibeke-Zwijndrecht. KBO
- Start of the company according to the CBE. KBO
In short
From € 802 profit in 2022 to € 2,538 loss in 2025.
Best year ever: 2024, with € 3,172 profit.
Management
Behind That's Why is Remi Battaille.
Directors
According to the 2025 annual accounts
Remi Battaille
Director
Establishments
Establishment units
Physical locations of this company
Vrijheidstraat 125
8560 Wevelgem
Pauwstraat(MEL) 139
9120 Beveren-Kruibeke-Zwijndrecht
Active since 28 October 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
ProtonMail
Hosting
AMAZON-02 - Amazon.com, Inc., US
DNS
Cloudflare DNS
Website info
Features
Security
Details
- Company number
- 0736.837.239
- VAT number
- BE 0736.837.239
- Registered office
- Vrijheidstraat 125, 8560 Wevelgem
- Names & denominations
- That's Why · TW
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 October 2019
- Peppol
- Active · Active since 26 Dec 2025
- Contact
- thatswhy.be
- Activities · NACE
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