What does WHY ART do?

WHY ART is registered with the CBE as active in: Creatie van beeldende kunsten. Private Limited, started on 20 February 2012, 1 establishment.

What is the address of WHY ART?

The registered office of WHY ART is located at Europalaan 1A box 24, 8970 Poperinge.

Is WHY ART still active?

Yes. According to the CBE (30 October 2026) WHY ART is active, legal situation “Normale toestand”, started on 20 February 2012.

Is WHY ART registered on Peppol?

Yes, WHY ART is registered on the Peppol network with ID 0208:0843735989.

What is the enterprise number of WHY ART?

The enterprise number of WHY ART is BE0843735989.

When was WHY ART founded?

WHY ART was founded on 20 February 2012.

Who are the directors of WHY ART?

According to the 2025 annual accounts, the directors of WHY ART are: Andy Waeyaert.

Is WHY ART a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 20 February 2012; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did WHY ART make in 2025?

WHY ART posted a profit after taxes of € 11,903 in financial year 2025.

What is the revenue of WHY ART?

As a small company, WHY ART is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 28,346.

Does WHY ART have a website?

Yes, WHY ART has a website at atelierwhyart.be.

WHY ART (Private Limited) - Poperinge - BE0843735989

Dossier WHY ART, printed on 30 October 2026 from databakkes.be/en/0843735989/why-art. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 4 of the last 4 fiscal years.
Tight liquidity NBB

Cash and receivables cover 38 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

WHY ART from Poperinge, company number BE0843735989, closed financial year 2025 with a result of € 11,903 after tax. For that financial year WHY ART recorded a gross margin of € 28,346 and equity of € -41,412. Compared with financial year 2024, the result moved from € -11,087 to € 11,903. Profitable, and profit is growing. 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 January 15, 2026.

What it is worth Caution

€ -41,412

▲ € 11,903 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 11,903

▲ still € 11,087 loss in 2024

Profit after tax over the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -53,812.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 4,441

▼ 56% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 49,902

▼ 21% vs 2024

€ 11,833 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 12,082

▲ 85% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 1,199

▼ 17% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 21,705 Gross margin 2022: € 21,705 First fiscal year in the series	€ 25,716 Gross margin 2023: € 25,716 ▲ 18% vs 2022 (€ 21,705) Favourable step	€ 6,459 Gross margin 2024: € 6,459 ▼ 75% vs 2023 (€ 25,716) Unfavourable step	€ 28,346 Gross margin 2025: € 28,346 ▲ € 21,887 vs 2024 (€ 6,459) Favourable step	▲ € 21,887
Profit after taxes	€ 5,519 Profit after taxes 2022: € 5,519 First fiscal year in the series	€ 10,376 Profit after taxes 2023: € 10,376 ▲ 88% vs 2022 (€ 5,519) Favourable step	€ -11,087 Profit after taxes 2024: € -11,087 ▼ € 21,463 vs 2023 (€ 10,376) Unfavourable step	€ 11,903 Profit after taxes 2025: € 11,903 ▲ € 22,990 vs 2024 (€ -11,087) Favourable step	▲ € 22,990
Equity	€ -52,605 Equity 2022: € -52,605 First fiscal year in the series	€ -42,229 Equity 2023: € -42,229 ▲ € 10,376 vs 2022 (€ -52,605) Favourable step	€ -53,316 Equity 2024: € -53,316 ▼ € 11,087 vs 2023 (€ -42,229) Unfavourable step	€ -41,412 Equity 2025: € -41,412 ▲ € 11,903 vs 2024 (€ -53,316) Favourable step	▲ € 11,903
Total debts	€ 122,272 Total debts 2022: € 122,272 First fiscal year in the series	€ 97,139 Total debts 2023: € 97,139 ▼ 21% vs 2022 (€ 122,272) Favourable step	€ 96,459 Total debts 2024: € 96,459 ▼ 1% vs 2023 (€ 97,139) Favourable step	€ 94,040 Total debts 2025: € 94,040 ▼ 3% vs 2024 (€ 96,459) Favourable step	▼ 3%
Land & buildings	€ 34,164 Land & buildings 2022: € 34,164 First fiscal year in the series	€ 29,284 Land & buildings 2023: € 29,284 ▼ 14% vs 2022 (€ 34,164) Unchanged	€ 24,403 Land & buildings 2024: € 24,403 ▼ 17% vs 2023 (€ 29,284) Unchanged	€ 19,523 Land & buildings 2025: € 19,523 ▼ 20% vs 2024 (€ 24,403) Unchanged	▼ 20%
Retained profit	€ -65,005 Retained profit 2022: € -65,005 First fiscal year in the series	€ -54,629 Retained profit 2023: € -54,629 ▲ € 10,376 vs 2022 (€ -65,005) Favourable step	€ -65,716 Retained profit 2024: € -65,716 ▼ € 11,087 vs 2023 (€ -54,629) Unfavourable step	€ -53,812 Retained profit 2025: € -53,812 ▲ € 11,903 vs 2024 (€ -65,716) Favourable step	▲ € 11,903
Bank debt	€ 84,425 Bank debt 2022: € 84,425 First fiscal year in the series	€ 68,238 Bank debt 2023: € 68,238 ▼ 19% vs 2022 (€ 84,425) Favourable step	€ 62,904 Bank debt 2024: € 62,904 ▼ 8% vs 2023 (€ 68,238) Favourable step	€ 49,902 Bank debt 2025: € 49,902 ▼ 21% vs 2024 (€ 62,904) Favourable step	▼ 21%
Balance sheet total	€ 69,667 Balance sheet total 2022: € 69,667 First fiscal year in the series	€ 54,910 Balance sheet total 2023: € 54,910 ▼ 21% vs 2022 (€ 69,667) Unchanged	€ 43,143 Balance sheet total 2024: € 43,143 ▼ 21% vs 2023 (€ 54,910) Unchanged	€ 52,627 Balance sheet total 2025: € 52,627 ▲ 22% vs 2024 (€ 43,143) Unchanged	▲ 22%

Key figures of WHY ART, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to WHY ART?

What happened at WHY ART in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jan 15, 2026 New annual accounts for financial year 2025: profit of € 11,903. Source: NBB ↗
Feb 20, 2012 Start of the company according to the CBE. KBO
Feb 10, 2012 New establishment in Poperinge. KBO

In short

From € 5,519 profit in 2022 to € 11,903 profit in 2025.

Paid € 310 in corporate taxes since 2022.

Best year ever: 2025, with € 11,903 profit.

Original PDFs at the National Bank ↗

Management

Andy Waeyaert

WHY ART

Behind WHY ART is Andy Waeyaert.

Directors

According to the 2025 annual accounts

Andy Waeyaert

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Europalaan 1A box 24

8970 Poperinge

2.207.515.805

Europalaan 1A

8970 Poperinge

Active since 10 February 2012

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

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Bouldr

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS atelierwhyart.be

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Hosting & Email

Email provider

Self-hosted

Hosting

COMBELL-AS, BE

Domain

atelierwhyart.be

Registered

2022-02-02

Website info

HTTPS Ja

Languages NL

Features

Webshop Ads Contact page

Security

✓ HTTPS

✓ SPF

✗ DMARC

Network

✓ IPv6

Details

Company number

0843.735.989

VAT number

BE 0843.735.989

Registered office

Europalaan 1A bus 24, 8970 Poperinge

Names & denominations

WHY ART

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

20 February 2012

Peppol

Active · Active since 17 Apr 2025

Contact

atelierwhyart.be

Activities · NACE

Creatie van beeldende kunsten

Ondersteunende activiteiten voor scheppende kunsten

Andere ondersteunende activiteiten voor scheppende en uitvoerende kunst, neg

Overige ondersteunende activiteiten voor de uitvoerende kunsten

View on CBE Public ↗ Annual accounts (NBB) ↗

WHY ART

Warning lights

Financials

What happened to WHY ART?

Management

Directors

Establishments

Establishment units

Who else lives here?

Website

Technologies

Hosting & Email

Domain

Website info

Features

Security

Network

Details

Frequently asked questions