WHY NOW

Active

Private limited companyfounded 20215 yrs activeMalmedyer Strasse 2, 4750 Bütgenbach, BelgiumKBO/BCE: BE 0769.926.018

Summary

The computed 12-month bankruptcy probability of WHY NOW is 3.4% (moderate). The 2025 annual accounts show equity of €18k and a net result of €-6k. Equity is shrinking by ~3.8% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

35 / 100

Weak

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability16▼-24

Solvency39▼-6

Growth32▼-20

Track record94

Bankruptcy probability, 12 months

3.4% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days only on tighter terms

Liquidity tight (current ratio 1.01 against 1.12 in 2024; short-term debt: 67.3% and cash: 27.9% of total assets), and 86% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

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

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

14%

Return on assets

-4.5%

Age of the figures

15 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-11-2025, 65 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

65 d early

2024

58 d early

2023

2 d early

2022

on the day

← before the deadline after the deadline →

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

30-06-2026 close24-09-2026 today31-01-2027 deadline

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, unclassified schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€-6k▼ 528%

2024 · €-927

2022: €6k 2023: €4k 2024: €-927

2022 → 2025

Working capital

€492▼ 94.5%

2024 · €9k

2022: €14k 2023: €18k 2024: €9k

2022 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2022202320242025Trend

Equity€21k-€25k▲ 21.4%€24k▼ 3.7%€18k▼ 24.1%

Operating result€9k-€7k▼ 14.2%€3k▼ 61.9%€-2k

Net result€6k-€4k▼ 22.0%€-927€-6k▼ 528%

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2025: a loss of €2k after €3k in 2024, the lowest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €131k

32.3%

67.7%

Fixed assets €42k ▲ 15.0%

Current assets €88k ▲ 3.7%

Equity and liabilities €131k

14.0%

86.0%

Equity €18k ▼ 24.1%

Debt €112k ▲ 14.8%

Debt's share of the balance-sheet total rises from 80.2% to 86.0%. Equity is lower and debt is higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€2k▼

2024 · €11k

Cash flow

€-1k▼

2024 · €7k

Current ratio

1.01▼

2024 · 1.12

Quick ratio

0.53▲

2024 · 0.49

Debt to equity

6.12▲

2024 · 4.05

ROE

-31.7%▼

2024 · -3.8%

ROA

-4.5%▼

2024 · -0.8%

Interest coverage

0.37▼

2024 · 2.69

Debt ≤ 1 year

€88k▲

2024 · €76k

Debt > 1 year

€24k▲

2024 · €21k

Income taxes

€152▼

2024 · €947

Staff costs

€20k▲

2024 · €13k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines

Balance sheet Code20242025

Assets

Total assets20/58€122k€131k▲

Fixed assets21/28€37k€42k▲

Tangible fixed assets22/27€37k€40k▲

Plant, machinery and equipment23€12k€10k▼

Furniture and vehicles24€25k€30k▲

Financial fixed assets28-€2k

Current assets29/58€85k€88k▲

Stocks and contracts in progress3€48k€42k▼

Stocks30/36€48k€42k▼

Amounts receivable within one year40/41€621€664▲

Trade receivables40€235€664▲

Other amounts receivable41€386-

Cash at bank and in hand54/58€36k€36k▲

Deferred charges and accrued income490/1€1k€9k▲

Equity and liabilities

Total equity and liabilities10/49€122k€131k▲

Equity10/15€24k€18k▼

Contributions10/11€15k€15k=

Profit (loss) carried forward14€9k€3k▼

Amounts payable17/49€98k€112k▲

Amounts payable after more than one year17€21k€24k▲

Financial debts170/4€21k€24k▲

Amounts payable within one year42/48€76k€88k▲

Current portion of amounts payable after more than one year42€8k€9k▲

Financial debts43€25k€25k=

Credit institutions430/8€25k€25k=

Trade debts44€7k€22k▲

Suppliers440/4€7k€22k▲

Advances received on contracts in progress46€22k€25k▲

Taxes, remuneration and social security45€7k€6k▼

Taxes450/3€3k€4k▲

Remuneration and social security454/9€3k€2k▼

Other amounts payable47/48€8k€138▼

Accrued charges and deferred income492/3€351€269▼

Income statement Code20242025

Remuneration, social security and pensions62€13k€20k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€4k▼

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-1k

Other operating charges640/8€3k€2k▼

Non-recurring operating charges66A-€649

Gross operating margin9900€26k€24k▼

Operating profit (loss)9901€3k€-2k▼

Financial income75/76B€1k€2k▲

Recurring financial income75€1k€2k▲

Financial charges65/66B€4k€5k▲

Recurring financial charges65€4k€5k▲

Profit (loss) for the period before taxes9903€21€-6k▼

Income taxes67/77€947€152▼

Profit (loss) for the period9904€-927€-6k▼

Profit (loss) for the period to be appropriated9905€-927€-6k▼

Appropriation of the result

Profit (loss) to be appropriated9906€9k€3k▼

Profit (loss) brought forward from the previous period14P€10k€9k▼

The notes to these accounts (11 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

All 5Financial 1Filings 4

Next filing, fiscal year 2026, expected by 31-01-2027

2025

27-11

NBB filing Annual accounts filed

fiscal year 2025 · unclassified schema

30-06

Financial Weakest financial yearnet €-6k

Net result drops to €-6k, the lowest in the series.

2024

04-12

NBB filing Annual accounts filed

fiscal year 2024 · unclassified schema

29-01

NBB filing Annual accounts filed

fiscal year 2023 · unclassified schema

2023

31-01

NBB filing Annual accounts filed

fiscal year 2022 · unclassified 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, Bütgenbach · 2 establishment units since 2021

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.

Malmedyer Strasse 24750 Bütgenbach

2 establishment units

WHY NOW

Malmedyer Strasse 2, 4750 BütgenbachWholesale trade

since 20212.319.084.215

WHY NOW ST. VITH

Hauptstrasse 35, 4780 Sankt VithRetail sale of women's outerwear

since 20252.374.281.074

Similar companies · same sector, comparable size

B INVEST COMPANY

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Zoë & Zita

BE 0700.781.151

Heist-op-den-Berg · Eq €18,600

Waterloo · Eq €18,632

HAKA

BE 0691.758.171

Namur · Eq €18,037

Of 2,210 companies in sector 47711 we hold annual accounts for 888. 600 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded21-06-2021

Fiscal year end30-06

Activities, NACEBEL 2025

47711Retail sale of women's outerwear

47716Retail sale of clothing and accessories for women, men, children and babies (general range)

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filings

Scores and ratios are computed by Checked and are not a credit decision.