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E2 DRIVES

Active
Public limited companyfounded 201313 yrs activeChemin du Temple 10, 1300 Wavre, BelgiumKBO/BCE: BE 0525.885.302
Summary

E2 DRIVES has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€1.5m) and a net result of -€489,302. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

What they do
Engineering and related technical consultancy, excluding land surveyors
NACE 71121
#10 employer in Wavre, Professional and technical services sector1 site
How big
€2.9mturnover 2024
Staff
20.4 FTE
Equity
-€1.5m
Loss
-€489,302
Financially healthy?
44 Weak Checked score 2024
Bankruptcy chance 12 m
0.3%
Who decides
Parent
DECATHLON
Accounts 39 d early3 of 24 deeds read
Why 44- Annual accounts: weaker financial profile- Higher-failure-rate region+ Lower-failure-rate sector+ Lower-risk legal form+ Long track recordLatest accounts filed on timeShow the evidence

Checked score

Score 2024
44 / 100
Weak
Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability57▲+57
Solvency0=
Growth55=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 2.56 against 1.22 in 2023; short-term debt: 16.2% and cash: 25.4% of total assets), but equity is negative.
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Signals

Six 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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · 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 2024
Solvency, return and age of the figures
Solvency
-39.3%
Return on assets
-12.7%
Age of the figures
21 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 13 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-06-2026, 39 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
39 d early
2024
43 d early
2023
6 d late
2022
29 d late
2021
3 d late
2020
30 d early
2019
41 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 5 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 3 August (4 of the last 5 filed years within 42 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 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
  1. Annual accounts filedfiscal year 2025 · full…
  2. Capital & shares · Statutes amendmentAuditor report · Capital increase…
  3. Resignation: Rémi Lebeurre (daily management delegate)Appointment: Subhasish Satapathy (daily management…

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€1.5m View
  • Risk: 7 loss-making years in a rowloss fiscal year 2024 -€489,302 View
  • Positive: Turnover rose in 2024from €1.3m to €2.9m ▲ 128% View
  • Positive: Employer in Wavre, Professional and technical services sectorin the Checked rankings #10 View
  • Controlled by DECATHLON parent View
  • Board changedlatest change 12-06-2026 · 0 in office 1 joined · 1 left View

By topic

Financials

Fiscal year
2024
Turnover
€2.9m
Loss
-€489,302
Solvency
-39.3%
Turnover▲ 128%
Net result
20222024
Go to Financials

Timeline

Events
17
Since
2017
Next accounts
by 31-07-2027
  1. 22-06-2026Annual accounts filed
  2. 17-06-2026Capital & shares · Statutes amendment
  3. 12-06-2026Resignation: Rémi Lebeurre (daily management delegate)
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121
Founded
10-04-2013
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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