EASY DRIVING
ActiveSummary
EASY DRIVING has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €399k and a net result of €39k. Equity is growing by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 53% of 2053 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▼-2
Solvency72▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.22 against 1.13 in 2024; short-term debt: 52.4% and cash: 43.4% of total assets), and 52.7% of the assets are financed with debt.
Credit check 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 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 2025Solvency, return and age of the figures
Solvency
47.3%
Return on assets
4.6%
Age of the figures
9 mo
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
6 d early
2023
30 d early
2022
48 d early
2021
19 d late
2020
12 d early
2019
45 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€399k▼ 4.3%
2024 · €416k
2018: €152klowest in 8 years
2019: €206k▲ +35.1% vs 2018
2020: €263k▲ +27.6% vs 2019
2021: €348k▲ +32.3% vs 2020
2022: €396k▲ +13.8% vs 2021
2023: €415k▲ +4.7% vs 2022
2024: €416k▲ +0.4% vs 2023highest in 8 years
2025: €399k▼ -4.3% vs 2024
2018 → 2025
Total assets
€843k▲ 1.0%
2024 · €835k
2018: €352klowest in 8 years
2019: €364k▲ +3.3% vs 2018
2020: €378k▲ +3.7% vs 2019
2021: €533k▲ +41.3% vs 2020
2022: €549k▲ +2.9% vs 2021
2023: €624k▲ +13.8% vs 2022
2024: €835k▲ +33.8% vs 2023
2025: €843k▲ +1.0% vs 2024highest in 8 years
2018 → 2025
Net result
€39k▼ 29.1%
2024 · €55k
2018: €33klowest in 8 years
2019: €63k▲ +90.9% vs 2018
2020: €77k▲ +21.2% vs 2019
2021: €105k▲ +36.5% vs 2020highest in 8 years
2022: €68k▼ -35.2% vs 2021
2023: €64k▼ -5.9% vs 2022
2024: €55k▼ -13.6% vs 2023
2025: €39k▼ -29.1% vs 2024
2018 → 2025
Working capital
€99k▲ 78.0%
2024 · €56k
2018: €137k
2019: €176k▲ +27.9% vs 2018
2020: €189k▲ +7.4% vs 2019
2021: €289k▲ +53.2% vs 2020
2022: €349k▲ +20.6% vs 2021highest in 8 years
2023: €287k▼ -17.6% vs 2022
2024: €56k▼ -80.6% vs 2023lowest in 8 years
2025: €99k▲ +78.0% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€348k-€396k▲ 13.8%€415k▲ 4.7%€416k▲ 0.4%€399k▼ 4.3%
2021: €348klowest in 5 years
2022: €396k▲ +13.8% vs 2021
2023: €415k▲ +4.7% vs 2022
2024: €416k▲ +0.4% vs 2023highest in 5 years
2025: €399k▼ -4.3% vs 2024
Operating result€132k-€87k▼ 34.0%€87k▼ 0.7%€69k▼ 20.2%€70k▲ 1.4%
2021: €132khighest in 5 years
2022: €87k▼ -34.0% vs 2021
2023: €87k▼ -0.7% vs 2022
2024: €69k▼ -20.2% vs 2023lowest in 5 years
2025: €70k▲ +1.4% vs 2024
Net result€105k-€68k▼ 35.2%€64k▼ 5.9%€55k▼ 13.6%€39k▼ 29.1%
2021: €105khighest in 5 years
2022: €68k▼ -35.2% vs 2021
2023: €64k▼ -5.9% vs 2022
2024: €55k▼ -13.6% vs 2023
2025: €39k▼ -29.1% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €843k
Fixed assets
€302k ▼ 16.8%
Current assets
€541k ▲ 14.7%
Equity and liabilities €843k
Equity
€399k ▼ 4.3%
Debt
€445k ▲ 6.2%
Debt's share of the balance-sheet total rises from 50.2% to 52.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€153k▼
2024 · €156k
Cash flow
€122k▼
2024 · €142k
Current ratio
1.22▲
2024 · 1.13
Debt to equity
1.12▲
2024 · 1.01
ROE
9.8%▼
2024 · 13.3%
ROA
4.6%▼
2024 · 6.6%
Interest coverage
7.55▼
2024 · 16.45
Debt ≤ 1 year
€442k▲
2024 · €416k
Income taxes
€16k▼
2024 · €20k
Staff costs
€280k▼
2024 · €305k
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 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€835k€843k▲
Fixed assets21/28€364k€302k▼
Tangible fixed assets22/27€361k€300k▼
Land and buildings22€246k€236k▼
Furniture and vehicles24€115k€64k▼
Financial fixed assets28€2k€2k▲
Current assets29/58€472k€541k▲
Amounts receivable within one year40/41€7k€18k▲
Trade receivables40€2k€2k▼
Other amounts receivable41€5k€16k▲
Current investments50/53€151k€151k=
Cash at bank and in hand54/58€308k€366k▲
Deferred charges and accrued income490/1€6k€6k▼
Equity and liabilities
Total equity and liabilities10/49€835k€843k▲
Equity10/15€416k€399k▼
Contributions10/11€12k€12k=
Reserves13€404k€386k▼
Tax-exempt reserves132€55k€55k=
Distributable reserves133€349k€331k▼
Amounts payable17/49€419k€445k▲
Amounts payable within one year42/48€416k€442k▲
Trade debts44€5k€8k▲
Suppliers440/4€5k€8k▲
Taxes, remuneration and social security45€94k€90k▼
Taxes450/3€47k€45k▼
Remuneration and social security454/9€47k€45k▼
Other amounts payable47/48€317k€344k▲
Accrued charges and deferred income492/3€3k€3k▼
Income statement
Code20242025
Non-recurring operating income76A€17k-
Remuneration, social security and pensions62€305k€280k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€87k€83k▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€464k€436k▼
Operating profit (loss)9901€69k€70k▲
Financial income75/76B€16k€5k▼
Recurring financial income75€16k€5k▼
Financial charges65/66B€9k€20k▲
Recurring financial charges65€9k€20k▲
Profit (loss) for the period before taxes9903€76k€55k▼
Income taxes67/77€20k€16k▼
Profit (loss) for the period9904€55k€39k▼
Profit (loss) for the period to be appropriated9905€55k€39k▼
Appropriation of the result
Profit (loss) to be appropriated9906€55k€39k▼
Transfer from equity791/2€53k€57k▲
Transfer to equity691/2€55k€39k▼
To other reserves6921€55k€39k▼
Profit to be distributed694/7€53k€57k▲
Return on contributions (dividend)694€53k€57k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €11k | €16k | €17k | - | - |
| Remuneration, social security and pensions62 | €295k | €270k | €325k | €305k | €280k | ▼ 8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €37k | €36k | €47k | €87k | €83k | ▼ 4.5% |
| Other operating charges640/8 | €3k | €2k | €3k | €2k | €3k | ▲ 22.2% |
| Gross operating margin9900 | €467k | €396k | €461k | €464k | €436k | ▼ 6.0% |
| Operating profit (loss)9901 | €132k | €87k | €87k | €69k | €70k | ▲ 1.4% |
| Financial income75/76B | €6k | €1k | €2k | €16k | €5k | ▼ 68.7% |
| Recurring financial income75 | €6k | €1k | €2k | €16k | €5k | ▼ 68.7% |
| Financial charges65/66B | €3k | €2k | €7k | €9k | €20k | ▲ 114% |
| Recurring financial charges65 | €3k | €2k | €7k | €9k | €20k | ▲ 114% |
| Profit (loss) for the period before taxes9903 | €135k | €86k | €81k | €76k | €55k | ▼ 27.6% |
| Income taxes67/77 | €30k | €18k | €17k | €20k | €16k | ▼ 23.4% |
| Profit (loss) for the period9904 | €105k | €68k | €64k | €55k | €39k | ▼ 29.1% |
| Profit (loss) for the period to be appropriated9905 | €105k | €68k | €64k | €55k | €39k | ▼ 29.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €533k | €549k | €624k | €835k | €843k | ▲ 1.0% |
| Fixed assets21/28 | €72k | €54k | €130k | €364k | €302k | ▼ 16.8% |
| Tangible fixed assets22/27 | €69k | €52k | €128k | €361k | €300k | ▼ 17.0% |
| Land and buildings22 | €25k | €14k | €13k | €246k | €236k | ▼ 4.1% |
| Furniture and vehicles24 | €44k | €38k | €115k | €115k | €64k | ▼ 44.5% |
| Financial fixed assets28 | €2k | €2k | €2k | €2k | €2k | ▲ 11.3% |
| Current assets29/58 | €462k | €495k | €494k | €472k | €541k | ▲ 14.7% |
| Amounts receivable within one year40/41 | €2k | €2k | €8k | €7k | €18k | ▲ 170% |
| Trade receivables40 | €2k | €2k | €5k | €2k | €2k | ▼ 20.9% |
| Other amounts receivable41 | - | - | €4k | €5k | €16k | ▲ 257% |
| Current investments50/53 | €56k | €56k | €140k | €151k | €151k | = |
| Cash at bank and in hand54/58 | €399k | €432k | €341k | €308k | €366k | ▲ 19.1% |
| Deferred charges and accrued income490/1 | €6k | €5k | €6k | €6k | €6k | ▼ 10.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €533k | €549k | €624k | €835k | €843k | ▲ 1.0% |
| Equity10/15 | €348k | €396k | €415k | €416k | €399k | ▼ 4.3% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €335k | €383k | €402k | €404k | €386k | ▼ 4.4% |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Tax-exempt reserves132 | €55k | €55k | €55k | €55k | €55k | = |
| Distributable reserves133 | €278k | €326k | €347k | €349k | €331k | ▼ 5.1% |
| Amounts payable17/49 | €186k | €153k | €210k | €419k | €445k | ▲ 6.2% |
| Amounts payable after more than one year17 | €10k | €4k | - | - | - | - |
| Financial debts170/4 | €10k | €4k | - | - | - | - |
| Amounts payable within one year42/48 | €173k | €146k | €207k | €416k | €442k | ▲ 6.2% |
| Current portion of amounts payable after more than one year42 | €6k | €6k | €4k | - | - | - |
| Trade debts44 | €7k | €6k | €41k | €5k | €8k | ▲ 48.0% |
| Suppliers440/4 | €7k | €6k | €41k | €5k | €8k | ▲ 48.0% |
| Advances received on contracts in progress46 | €25 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €120k | €94k | €103k | €94k | €90k | ▼ 3.9% |
| Taxes450/3 | €53k | €55k | €56k | €47k | €45k | ▼ 3.7% |
| Remuneration and social security454/9 | €67k | €39k | €47k | €47k | €45k | ▼ 4.1% |
| Other amounts payable47/48 | €39k | €39k | €58k | €317k | €344k | ▲ 8.5% |
| Accrued charges and deferred income492/3 | €3k | €3k | €3k | €3k | €3k | ▼ 0.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €105k | €68k | €64k | €55k | €39k | ▼ 29.1% |
| + Depreciation and write-downs630 | €37k | €36k | €47k | €87k | €83k | ▼ 4.5% |
| Operating cash flow (approximation) | €142k | €104k | €111k | €142k | €122k | ▼ 14.1% |
| Investment in fixed assets (approximation) | - | €-18k | €-123k | €-320k | €-22k | ▲ 93.3% |
| Change in cash | - | €33k | €-91k | €-33k | €59k | ▲ 278% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
31-12
Financial
Highest result since 2018net €105k ▲36.5%
Operating result €132k, net result €105k, both a record.
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
14-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 45 days late
2019
31-12
Financial
Equity above €200kEq €206k ▲35.1%
2 profitable years in a row build equity to €206k.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Kortenaken · 3 establishment units since 2004
Ground area
1.0 ha
Building footprint
722 m²
Volume, LiDAR
4,402 m³
3 parcels, Flanders · tallest building 16.8 m, ±5 floors. Linked by address, not a title deed.
3 establishment units
EASY DRIVING
since 20042.143.880.340
EASY DRIVING
since 20082.174.706.841
EASY DRIVING
since 20082.174.706.940
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24042E0123/00S000 | Flanders | 9,490 m² | 1 · 519 m² | 5.1 m · 1 fl. |
| 24593H0139/00T000 | Flanders | 446 m² | 1 · 126 m² | 16.8 m · 5 fl. |
| 71053H0039/00C000 | Flanders | 189 m² | 1 · 77 m² | 13.1 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels 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
2022 to 2025 · 3 entries · 2,301 EUR awarded · 2,301 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 735 EUR | 735 EUR |
| 2024 | 1 | 1,038 EUR | 1,038 EUR |
| 2022 | 1 | 528 EUR | 528 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,038 companies in sector 85531 we hold annual accounts for 347. 196 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded23-11-2004
Fiscal year end31-12
Activities, NACEBEL 2025
85531Driving schools for cars and motorcycles
Contact
Scores and ratios are computed by Checked and are not a credit decision.