ACTIVE

Start with WHY (SCRL)

Financial year 2025 · closed on 31/12/2025
Net result
-260,7 €
-30.2% YoY
Gross margin
-63,4 €
-217.9% YoY
Equity
-24,3 k €
-1.1% YoY

What does Start with WHY do?

Start with WHY is a Private company with limited liability incorporated in 2017. Its registered office is in La Hulpe.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0672.369.158
Incorporation
03/03/2017
Legal form
Private company with limited liability
Registered office
Avenue du Bois d'Hennessy 24
1310 La Hulpe · WallonieSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Signals
Good liquidity
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin-63,4 €-20 €-1 k €-57 €1,4 k €-105 €20,4 k €-4,8 k €
EBITDA-63,4 €-20 €-1 k €-57 €1,4 k €-452 €20 k €-5,5 k €
Operating result-63,4 €-20 €-1 k €-57 €1,4 k €-452 €20 k €-15,9 k €
Net result-260,7 €-200,2 €-1,2 k €-237 €1,3 k €-613 €-12,8 k €-16,5 k €
Balance sheet
Equity-24,3 k €-24,1 k €-23,9 k €-22,7 k €-22,5 k €-23,7 k €-23,1 k €-10,3 k €
Total assets1 k €1,7 k €1,4 k €2,2 k €2,4 k €2 k €5,1 k €38,3 k €
Cash638,3 €764,1 €1,4 k €2,1 k €2,3 k €1,2 k €662 €12,3 k €
Debts25,4 k €25,8 k €25,3 k €24,9 k €24,9 k €25,7 k €28,2 k €48,6 k €
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Jean-Albert NYSSENS

Director · since 03 mars 2017

Active

Ended mandates

JEAN-ALBERT NYSSENS

Director · since 23 février 2017

Ended
JEAN-ALBERT NYSSENS

Manager · since 23 février 2017

Ended
THIBAUT NYSSENS

Director · since 23 février 2017 · until 11 octobre 2020

Ended
Jean-Albert NYSSENS

Director

Ended
At this address

Other companies at this address

CompanyCBE no.
SOFINDYSActive
0563.744.501
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/04/202625/07/202504/08/202420/06/202331/08/202224/08/2021
General meeting23/03/202621/03/202510/05/202412/05/202313/05/202214/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202523/03/202624/04/2026FrenchPDF
Micro model31/12/202421/03/202525/07/2025FrenchPDF
Micro model31/12/202310/05/202404/08/2024FrenchPDF
Micro model31/12/202212/05/202320/06/2023FrenchPDF
Micro model31/12/202113/05/202231/08/2022FrenchPDF
Micro model31/12/202014/05/202124/08/2021FrenchPDF
Micro model31/12/201911/10/202027/10/2020FrenchPDF
Micro model31/12/201810/05/201926/09/2019FrenchPDF
Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Jean-Albert NYSSENS

Director · since 03 mars 2017

Active

Ended mandates

JEAN-ALBERT NYSSENS

Director · since 23 février 2017

Ended
JEAN-ALBERT NYSSENS

Manager · since 23 février 2017

Ended
THIBAUT NYSSENS

Director · since 23 février 2017 · until 11 octobre 2020

Ended
Jean-Albert NYSSENS

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/02/2021
    DEMISSIONS, NOMINATIONS - MODIFICATION FORME JURIDIQUE
    PDF
  • Other09/05/2017
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...) - DIVERS
    PDF
  • Other17/03/2017
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-260,7 €
  2. 2024
    Annual accounts 2024-200,2 €
  3. 2023
    Annual accounts 2023-1,2 k €
  4. 2022
    Annual accounts 2022-237 €
  5. 2021
    Annual accounts 20211,3 k €
  6. 2020
    Annual accounts 2020-613 €
  7. 2019
    Annual accounts 2019-12,8 k €
  8. 2018
    Annual accounts 2018-16,5 k €
  9. 03/03/2017
    IncorporationPrivate company with limited liability