So What Communications
ActiveSo What Communications has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €293k and a net result of €193k. Its solvency ranks better than 82% of 37959 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
93
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100▲+8
Growth78
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 6.32 against 2.68 in 2023; short-term debt: 15.2% and cash: 49.5% of total assets), and 15.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 2024Solvency, return and age of the figures
Solvency
84.8%
Return on assets
55.8%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
34 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€293k▲ 193%
2023 · €100k
2023: €100k
2023 → 2024
Total assets
€346k▲ 133%
2023 · €148k
2023: €148k
2023 → 2024
Net result
€193k▲ 103%
2023 · €95k
2023: €95k
2023 → 2024
Working capital
€280k▲ 246%
2023 · €81k
2023: €81k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€100k-€293k▲ 193%
Operating result€135k-€279k▲ 107%
Net result€95k-€193k▲ 103%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 107% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €346k
Fixed assets
€13k▼ 32.0%
Current assets
€333k▲ 158%
Equity and liabilities €346k
Equity
€293k▲ 193%
Debt
€53k▲ 9.2%
The debt ratio falls from 32.5% to 15.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€286k▲
2023 · €139k
Cash flow
€199k▲
2023 · €99k
Solvency
84.8%▲
2023 · 67.5%
Current ratio
6.32▲
2023 · 2.68
Quick ratio
6.32▲
2023 · 2.68
Debt / equity
0.18▼
2023 · 0.48
ROE
65.9%▼
2023 · 95.0%
ROA
55.8%▼
2023 · 64.1%
Interest coverage
2579.45▲
2023 · 1511.68
Debt
€53k▲
2023 · €48k
Debt ≤ 1 year
€53k▲
2023 · €48k
Income taxes
€86k▲
2023 · €40k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€148k€346k▲
Fixed assets21/28€19k€13k▼
Tangible fixed assets22/27€19k€13k▼
Plant, machinery and equipment23€3k€1k▼
Furniture and vehicles24€17k€12k▼
Current assets29/58€129k€333k▲
Amounts receivable within one year40/41€62k€159k▲
Trade receivables40€51k€134k▲
Other amounts receivable41€10k€25k▲
Cash at bank and in hand54/58€66k€171k▲
Deferred charges and accrued income490/1€1k€3k▲
Equity and liabilities
Total equity and liabilities10/49€148k€346k▲
Equity10/15€100k€293k▲
Contributions10/11€5k€5k=
Reserves13€95k€288k▲
Distributable reserves133€95k€288k▲
Amounts payable17/49€48k€53k▲
Amounts payable within one year42/48€48k€53k▲
Trade debts44€2k€6k▲
Suppliers440/4€2k€6k▲
Taxes, remuneration and social security45€14k€46k▲
Taxes450/3€14k€46k▲
Other amounts payable47/48€32k€951▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€6k▲
Other operating charges640/8€638€1k▲
Gross operating margin9900€139k€287k▲
Operating profit (loss)9901€135k€279k▲
Financial charges65/66B€92€111▲
Recurring financial charges65€92€111▲
Profit (loss) for the period before taxes9903€135k€279k▲
Income taxes67/77€40k€86k▲
Profit (loss) for the period9904€95k€193k▲
Profit (loss) for the period to be appropriated9905€95k€193k▲
Appropriation of the result
Profit (loss) to be appropriated9906€95k€193k▲
Transfer to equity691/2€95k€193k▲
To other reserves6921€95k€193k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 6.32
Current ratio from 2.68 to 6.32.
31-12
Financial
Equity above €200kEq €293k ▲193%
2 profitable years in a row build equity to €293k.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Tervuren · 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.
Rotselaerlaan 713080 TervurenGround area
933 m²
Building footprint
165 m²
Volume, LiDAR
763 m³
Parcel 24104C0090/00M000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
So What Communications bv
since 20232.344.028.754
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24104C0090/00M000 | Flanders | 933 m² | 1 · 165 m² | 8.0 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 149 EUR awarded · 149 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 149 EUR | 149 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 38,267 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-03-2023
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.