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 €398,670 and a net result of €39,181. 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 €30,000 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.
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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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file What other support did companies like this one receive, and it did not?Subsidy mirror How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2025, micro schema
Equity
€398,670▼ 4.3%
2024 · €416,389
Total assets
€843,495▲ 1.0%
2024 · €835,318
Net result
€39,181▼ 29.1%
2024 · €55,294
Working capital
€99,339▲ 78.0%
2024 · €55,811
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€131,982▲ 41.5%€87,136▼ 34.0%€86,504▼ 0.7%€69,056▼ 20.2%€70,001▲ 1.4%
Net result€104,974▲ 36.5%€68,020▼ 35.2%€64,011▼ 5.9%€55,294▼ 13.6%€39,181▼ 29.1%
Equity€347,767▲ 32.3%€395,787▲ 13.8%€414,556▲ 4.7%€416,389▲ 0.4%€398,670▼ 4.3%
Total assets€533,300▲ 41.3%€548,703▲ 2.9%€624,218▲ 13.8%€835,318▲ 33.8%€843,495▲ 1.0%
Debt€185,534▲ 61.7%€152,916▼ 17.6%€209,662▲ 37.1%€418,929▲ 99.8%€444,826▲ 6.2%
Working capital€289,103▲ 53.2%€348,732▲ 20.6%€287,412▼ 17.6%€55,811▼ 80.6%€99,339▲ 78.0%
Staff (FTE)6.6▲ 6.5%5.4▼ 18.2%6▲ 11.1%5.3▼ 11.7%5.2▼ 1.9%
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 €843,495
Fixed assets
€302,319 ▼ 16.8%
Current assets
€541,176 ▲ 14.7%
Equity and liabilities €843,495
Equity
€398,670 ▼ 4.3%
Debt
€444,826 ▲ 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
€152,868▼
2024 · €155,814
Cash flow
€122,048▼
2024 · €142,052
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
€441,837▲
2024 · €415,929
Income taxes
€15,599▼
2024 · €20,360
Staff costs
€280,041▼
2024 · €305,385
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €11,405 | €16,033 | €16,545 | - | - |
| Remuneration, social security and pensions62 | €294,862 | €270,390 | €324,727 | €305,385 | €280,041 | ▼ 8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €37,353 | €36,004 | €46,642 | €86,758 | €82,867 | ▼ 4.5% |
| Other operating charges640/8 | €3,026 | €2,007 | €2,769 | €2,441 | €2,982 | ▲ 22.2% |
| Gross operating margin9900 | €467,222 | €395,538 | €460,642 | €463,640 | €435,892 | ▼ 6.0% |
| Operating profit (loss)9901 | €131,982 | €87,136 | €86,504 | €69,056 | €70,001 | ▲ 1.4% |
| Financial income75/76B | €5,933 | €1,094 | €1,521 | €16,070 | €5,026 | ▼ 68.7% |
| Recurring financial income75 | €5,933 | €1,094 | €1,521 | €16,070 | €5,026 | ▼ 68.7% |
| Financial charges65/66B | €2,693 | €2,338 | €7,088 | €9,472 | €20,248 | ▲ 114% |
| Recurring financial charges65 | €2,693 | €2,338 | €7,088 | €9,472 | €20,248 | ▲ 114% |
| Profit (loss) for the period before taxes9903 | €135,222 | €85,892 | €80,938 | €75,654 | €54,780 | ▼ 27.6% |
| Income taxes67/77 | €30,248 | €17,871 | €16,926 | €20,360 | €15,599 | ▼ 23.4% |
| Profit (loss) for the period9904 | €104,974 | €68,020 | €64,011 | €55,294 | €39,181 | ▼ 29.1% |
| Profit (loss) for the period to be appropriated9905 | €104,974 | €68,020 | €64,011 | €55,294 | €39,181 | ▼ 29.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €533,300 | €548,703 | €624,218 | €835,318 | €843,495 | ▲ 1.0% |
| Fixed assets21/28 | €71,601 | €53,852 | €129,939 | €363,577 | €302,319 | ▼ 16.8% |
| Tangible fixed assets22/27 | €69,476 | €51,727 | €127,814 | €361,452 | €299,954 | ▼ 17.0% |
| Land and buildings22 | €25,495 | €13,680 | €12,960 | €246,125 | €235,965 | ▼ 4.1% |
| Furniture and vehicles24 | €43,981 | €38,047 | €114,854 | €115,327 | €63,989 | ▼ 44.5% |
| Financial fixed assets28 | €2,125 | €2,125 | €2,125 | €2,125 | €2,365 | ▲ 11.3% |
| Current assets29/58 | €461,699 | €494,850 | €494,279 | €471,740 | €541,176 | ▲ 14.7% |
| Amounts receivable within one year40/41 | €1,860 | €1,845 | €8,198 | €6,639 | €17,930 | ▲ 170% |
| Trade receivables40 | €1,860 | €1,845 | €4,668 | €2,074 | €1,640 | ▼ 20.9% |
| Other amounts receivable41 | - | - | €3,530 | €4,565 | €16,290 | ▲ 257% |
| Current investments50/53 | €55,677 | €55,677 | €139,751 | €151,170 | €151,170 | = |
| Cash at bank and in hand54/58 | €398,514 | €431,982 | €340,795 | €307,691 | €366,463 | ▲ 19.1% |
| Deferred charges and accrued income490/1 | €5,648 | €5,346 | €5,535 | €6,240 | €5,612 | ▼ 10.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €533,300 | €548,703 | €624,218 | €835,318 | €843,495 | ▲ 1.0% |
| Equity10/15 | €347,767 | €395,787 | €414,556 | €416,389 | €398,670 | ▼ 4.3% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €335,367 | €383,387 | €402,156 | €403,989 | €386,270 | ▼ 4.4% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Tax-exempt reserves132 | €55,048 | €55,048 | €55,048 | €55,048 | €55,048 | = |
| Distributable reserves133 | €278,458 | €326,479 | €347,108 | €348,941 | €331,222 | ▼ 5.1% |
| Amounts payable17/49 | €185,534 | €152,916 | €209,662 | €418,929 | €444,826 | ▲ 6.2% |
| Amounts payable after more than one year17 | €10,333 | €4,133 | - | - | - | - |
| Financial debts170/4 | €10,333 | €4,133 | - | - | - | - |
| Amounts payable within one year42/48 | €172,596 | €146,118 | €206,867 | €415,929 | €441,837 | ▲ 6.2% |
| Current portion of amounts payable after more than one year42 | €6,200 | €6,200 | €4,133 | - | - | - |
| Trade debts44 | €6,828 | €6,343 | €41,355 | €5,276 | €7,809 | ▲ 48.0% |
| Suppliers440/4 | €6,828 | €6,343 | €41,355 | €5,276 | €7,809 | ▲ 48.0% |
| Advances received on contracts in progress46 | €25 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €120,071 | €94,121 | €102,933 | €93,710 | €90,030 | ▼ 3.9% |
| Taxes450/3 | €53,443 | €54,632 | €55,525 | €46,930 | €45,176 | ▼ 3.7% |
| Remuneration and social security454/9 | €66,628 | €39,489 | €47,407 | €46,780 | €44,854 | ▼ 4.1% |
| Other amounts payable47/48 | €39,471 | €39,454 | €58,446 | €316,943 | €343,998 | ▲ 8.5% |
| Accrued charges and deferred income492/3 | €2,605 | €2,665 | €2,795 | €3,000 | €2,989 | ▼ 0.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €104,974 | €68,020 | €64,011 | €55,294 | €39,181 | ▼ 29.1% |
| + Depreciation and write-downs630 | €37,353 | €36,004 | €46,642 | €86,758 | €82,867 | ▼ 4.5% |
| Operating cash flow (approximation) | €142,327 | €104,025 | €110,653 | €142,052 | €122,048 | ▼ 14.1% |
| Investment in fixed assets (approximation) | - | -€18,255 | -€122,728 | -€320,396 | -€21,609 | ▲ 93.3% |
| Change in cash | - | €33,468 | -€91,186 | -€33,104 | €58,772 | ▲ 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 €104,974 ▲36.5%
Operating result €131,982, net result €104,974, 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 €200,000Eq €205,892 ▲35.1%
2 profitable years in a row build equity to €205,892.
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 |
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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.