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 3 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LET'S TRY THE OTHER WAY from Ukkel, company number BE0821974040, closed financial year 2025 with a result of € -32,442 after tax. For that financial year LET'S TRY THE OTHER WAY recorded a gross margin of € -22,304 and equity of € -41,475. Compared with financial year 2024, the result moved from € 2,543 to € -32,442. 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 July 2, 2026.
€ -41,475
▼ € 32,442 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -32,442
▼ still € 2,543 profit in 2024
Profit after tax over the fiscal year.
€ 90
▼ 99% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -53,875.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 2,618
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 29,120
▼ 13% vs 2024
€ 6,883 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1,274
▼ 87% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,090
▼ 30% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 6,809 | € -34,822 | € 11,606 | € -22,304 | ▼ € 33,910 |
| Profit after taxes | € 1,879 | € -41,674 | € 2,543 | € -32,442 | ▼ € 34,985 |
| Equity | € 30,099 | € -11,575 | € -9,032 | € -41,475 | ▼ € 32,442 |
| Total debts | € 19,376 | € 38,856 | € 53,241 | € 54,237 | ▲ 2% |
| Cash | € 0 | € 604 | € 8,144 | € 90 | ▼ 99% |
| Retained profit | € 17,699 | € -23,975 | € -21,432 | € -53,875 | ▼ € 32,442 |
| Bank debt | € 10,112 | € 32,495 | € 33,482 | € 29,120 | ▼ 13% |
| Balance sheet total | € 49,475 | € 27,281 | € 44,209 | € 12,763 | ▼ 71% |
Key figures of LET'S TRY THE OTHER WAY, 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 LET'S TRY THE OTHER WAY?
What happened at LET'S TRY THE OTHER WAY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 32,442 (▼ € 34,985 vs 2024). Source: NBB ↗
- New establishment in Eghezée. KBO
- Yann BALBAERT became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,879 profit in 2022 to € 32,442 loss in 2025.
Paid € 2,458 in corporate taxes since 2022.
Best year ever: 2024, with € 2,543 profit.
Management
Behind LET'S TRY THE OTHER WAY is Yann BALBAERT.
Directors
According to the 2025 annual accounts
Yann BALBAERT
Director
since 2010
Establishments
Establishment units
Physical locations of this company
Edith Cavellstraat 128
1180 Ukkel
Ruelle à la Crème, Branchon 8
5310 Eghezée
Active since 5 January 2010
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
Domain
Domain
social.brussels
Registered
2014-10-20
Registrar
Combell nv
Expires
2026-10-20
Website info
Features
Details
- Company number
- 0821.974.040
- VAT number
- BE 0821.974.040
- Registered office
- Edith Cavellstraat 128, 1180 Ukkel
- Names & denominations
- LET'S TRY THE OTHER WAY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 January 2010
- Peppol
- Active · Active since 29 Jan 2026
- Contact
- social.brussels [email protected]
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