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ThisWay

Active
Private limited companyfounded 20206 yrs activeLozevisserstraat 44, 9000 Gent, BelgiumKBO/BCE: BE 0743.723.546

ThisWay has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €96k and a net result of €3k. Equity is growing by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 58% of 7690 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
86 / 100
Excellent▼ -1 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability17▼-10
Solvency99▲+5
Growth52=
Stability100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 3.45 against 2.19 in 2024), and 39.5% 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 riskneutral
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 6 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
60.5%
Return on assets
2.1%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
1 d early
2024
3 d early
2023
4 d early
2022
13 d early
2021
2 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
15-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€96k▲ 3.6%
2024 · €92k
2021: €31k 2022: €83k 2023: €87k 2024: €92k
2021 → 2025
Total assets
€158k▼ 16.0%
2024 · €188k
2021: €80k 2022: €203k 2023: €197k 2024: €188k
2021 → 2025
Net result
€3k▼ 34.2%
2024 · €5k
2021: €30k 2022: €53k 2023: €4k 2024: €5k
2021 → 2025
Working capital
€112k▲ 10.9%
2024 · €101k
2021: €48k 2022: €75k 2023: €82k 2024: €101k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€31k-€83k▲ 172%€87k▲ 5.1%€92k▲ 5.7%€96k▲ 3.6%
Operating result€35k-€78k▲ 123%€7k▼ 91.1%€9k▲ 26.6%€6k▼ 26.4%
Net result€30k-€53k▲ 77.5%€4k▼ 92.0%€5k▲ 18.0%€3k▼ 34.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60k€80kOperating result 2021: €35k€35kNet result 2021: €30k€30kOperating result 2022: €78k€78kNet result 2022: €53k€53kOperating result 2023: €7k€7kNet result 2023: €4k€4kOperating result 2024: €9k€9kNet result 2024: €5k€5kOperating result 2025: €6k€6kNet result 2025: €3k€3k20212022202320242025
The operating result falls in 2025; 2025 is 26% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €158k
Fixed assets €729▼ 74.5%
Current assets €157k▼ 15.1%
Equity and liabilities €158k
Equity €96k▲ 3.6%
Debt €62k▼ 34.8%
The debt ratio falls from 50.9% to 39.5%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€9k
2024 · €11k
Cash flow
€5k
2024 · €8k
Solvency
60.5%
2024 · 49.1%
Current ratio
3.45
2024 · 2.19
Quick ratio
3.45
2024 · 2.19
Debt / equity
0.65
2024 · 1.04
ROE
3.4%
2024 · 5.4%
ROA
2.1%
2024 · 2.6%
Interest coverage
5.55
2024 · 13.18
Debt
€62k
2024 · €96k
Debt ≤ 1 year
€46k
2024 · €84k
Income taxes
€2k
2024 · €3k
Staff costs
€21k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€188k€158k
Fixed assets21/28€3k€729
Intangible fixed assets21€1k€64
Tangible fixed assets22/27€2k€666
Furniture and vehicles24€2k€666
Current assets29/58€185k€157k
Amounts receivable within one year40/41€51k€16k
Trade receivables40€44k€16k
Other amounts receivable41€6k€276
Cash at bank and in hand54/58€124k€140k
Deferred charges and accrued income490/1€11k€1k
Equity and liabilities
Total equity and liabilities10/49€188k€158k
Equity10/15€92k€96k
Contributions10/11€1k€1k=
Reserves13€91k€95k
Distributable reserves133€91k€95k
Amounts payable17/49€96k€62k
Amounts payable within one year42/48€84k€46k
Trade debts44€67k€25k
Suppliers440/4€67k€25k
Taxes, remuneration and social security45€4k€10k
Taxes450/3€4k€3k
Remuneration and social security454/9-€7k
Other amounts payable47/48€13k€11k
Accrued charges and deferred income492/3€11k€17k
Income statement Code20242025
Remuneration, social security and pensions62-€21k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k
Other operating charges640/8€525€531
Gross operating margin9900€12k€30k
Operating profit (loss)9901€9k€6k
Financial charges65/66B€867€2k
Recurring financial charges65€867€2k
Profit (loss) for the period before taxes9903€8k€5k
Income taxes67/77€3k€2k
Profit (loss) for the period9904€5k€3k
Profit (loss) for the period to be appropriated9905€5k€3k
Appropriation of the result
Profit (loss) to be appropriated9906€5k€3k
Transfer to equity691/2€5k€3k
To other reserves6921€5k€3k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
29-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial Weakest financial yearnet €3k ▼34.2%
Net result drops to €3k, the lowest in the series.
27-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
26-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
17-04
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial Highest result since 2021net €53k ▲77.5%
Operating result €78k, net result €53k, both a record.
28-04
NBB filing Annual accounts filed
fiscal year 2021 · 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, Gent · 1 establishment unit since 2020
establishment The establishment unit on the map
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.

Lozevisserstraat 449000 Gent
Ground area
163 m²
Building footprint
127 m²
Volume, LiDAR
1,347 m³
Parcel 44804D3605/00E013, Flanders · tallest building 12.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
ThisWay
Lozevisserstraat 44, 9000 GentEvent catering
since 20202.299.386.780
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44804D3605/00E013 Flanders 163 m² 1 · 127 m² 12.2 m · 4 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

2025 · 1 entry · 143 EUR awarded
Year Entries awardedpaid
2025 1 143 EUR0 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 143 EUR · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 4,556 companies in sector 82300 we hold annual accounts for 1,662. 1,306 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded17-02-2020
Fiscal year end30-09
Activities, NACEBEL
82300Organisation of conventions and trade shows
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

3 entries
Enterprise
E-mail:vicky@thisway.be
Enterprise
Phone:0476856848
Enterprise