EASY VAN CONCEPT
ActiveSummary
The computed 12-month bankruptcy probability of EASY VAN CONCEPT is 1.6% (moderate). The 2024 annual accounts show negative equity (-€25,670) and a net result of -€7,898. Equity is shrinking by ~49.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 122 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.28 against 0.58 in 2023; short-term debt: 319.3% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
-219.3%
Return on assets
-67.5%
Age of the figures
21 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 29
Relative position
BE, all sectors
reference
Manufacture of motor vehicles, trailers and semi-trailers (NACE 29)
about 8% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€25,670
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
26 d late
2022
25 d late
2021
11 d early
2020
31 d late
2019
73 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 19 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
-€25,670▼ 44.4%
2023 · -€17,772
Total assets
€11,706▼ 59.8%
2023 · €29,145
Net result
-€7,898▼ 4.6%
2023 · -€7,553
Working capital
-€26,894▼ 35.1%
2023 · -€19,902
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 29, Manufacture of motor vehicles, trailers and semi-trailers, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€31,056-€8,511-€213▲ 97.5%-€5,892▼ 2,662%-€6,509▼ 10.5%
Net result€29,754within the sector's middle half-€9,381below the sector's middle half-€2,108below the sector's middle half▲ 77.5%-€7,553below the sector's middle half▼ 258%-€7,898below the sector's middle half▼ 4.6%
Equity€1,269below the sector's middle half-€8,112below the sector's middle half-€10,219below the sector's middle half▼ 26.0%-€17,772below the sector's middle half▼ 73.9%-€25,670below the sector's middle half▼ 44.4%
Total assets€44,339below the sector's middle half▼ 11.6%€29,928below the sector's middle half▼ 32.5%€29,129below the sector's middle half▼ 2.7%€29,145below the sector's middle half▲ 0.1%€11,706below the sector's middle half▼ 59.8%
Debt€43,069▼ 45.2%€38,040▼ 11.7%€39,348▲ 3.4%€46,917▲ 19.2%€37,376▼ 20.3%
Working capital-€7,883below the sector's middle half▲ 79.2%-€17,952below the sector's middle half▼ 128%-€14,054below the sector's middle half▲ 21.7%-€19,902below the sector's middle half▼ 41.6%-€26,894below the sector's middle half▼ 35.1%
Solvency2.9%below the sector's middle half▲ 59.6pp-27.1%below the sector's middle half▼ 30.0pp-35.1%below the sector's middle half▼ 8.0pp-61.0%below the sector's middle half▼ 25.9pp-219.3%below the sector's middle half▼ 158.3pp
Current ratio0.82below the sector's middle half▲ 0.300.53below the sector's middle half▼ 0.290.62below the sector's middle half▲ 0.090.58below the sector's middle half▼ 0.050.28below the sector's middle half▼ 0.30
Return on assets (ROA)67.1%above the sector's middle half▲ 147.5pp-31.3%below the sector's middle half▼ 98.5pp-7.2%below the sector's middle half▲ 24.1pp-25.9%below the sector's middle half▼ 18.7pp-67.5%below the sector's middle half▼ 41.6pp
Staff (FTE)0.8below the sector's middle half▲ 60.0%3.3▲ 313%1.2▼ 63.6%
above
within
below
the middle half (P25 to P75) of NACE 29, Manufacture of motor vehicles, trailers and semi-trailers, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6,509 in 2024 against €5,892 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €11,706
Fixed assets
€1,224 ▼ 42.5%
Current assets
€10,482 ▼ 61.2%
Key figures and ratios
EBITDA
-€5,603▼
2023 · -€4,369
Cash flow
-€6,992▼
2023 · -€6,030
Quick ratio
0.26▼
2023 · 0.57
Debt to equity
-1.46▲
2023 · -2.64
Interest coverage
-4.44▼
2023 · -2.82
Debt ≤ 1 year
€37,376▼
2023 · €46,917
Income taxes
€128▼
2023 · €132
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,010 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
7.9%
went bankrupt
8.4%
stopped otherwise
83%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 1.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,010 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €198 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €55,987 | €19,738 | €462 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,683 | €4,390 | €4,749 | €1,523 | €906 | ▼ 40.5% |
| Other operating charges640/8 | - | €722 | €496 | €8,346 | €761 | ▼ 90.9% |
| Gross operating margin9900 | €53,739 | €52,588 | €24,771 | €4,440 | -€4,842 | ▼ 209% |
| Operating profit (loss)9901 | €31,056 | -€8,511 | -€213 | -€5,892 | -€6,509 | ▼ 10.5% |
| Financial income75/76B | - | €2 | €38 | €21 | €0 | ▼ 99.7% |
| Recurring financial income75 | €72 | €2 | €38 | €21 | €0 | ▼ 99.7% |
| Financial charges65/66B | - | €755 | €1,813 | €1,550 | €1,261 | ▼ 18.6% |
| Recurring financial charges65 | €1,314 | €755 | €1,693 | €1,550 | €1,261 | ▼ 18.6% |
| Non-recurring financial charges66B | - | - | €120 | - | - | - |
| Profit (loss) for the period before taxes9903 | €29,814 | -€9,264 | -€1,988 | -€7,421 | -€7,770 | ▼ 4.7% |
| Income taxes67/77 | €60 | €117 | €120 | €132 | €128 | ▼ 2.7% |
| Profit (loss) for the period9904 | €29,754 | -€9,381 | -€2,108 | -€7,553 | -€7,898 | ▼ 4.6% |
| Profit (loss) for the period to be appropriated9905 | €29,754 | -€9,381 | -€2,108 | -€7,553 | -€7,898 | ▼ 4.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €44,339 | €29,928 | €29,129 | €29,145 | €11,706 | ▼ 59.8% |
| Fixed assets21/28 | €9,153 | €9,840 | €6,091 | €2,129 | €1,224 | ▼ 42.5% |
| Tangible fixed assets22/27 | €9,153 | €9,840 | €5,091 | €2,129 | €1,224 | ▼ 42.5% |
| Plant, machinery and equipment23 | - | €5,405 | €3,586 | €815 | €583 | ▼ 28.5% |
| Furniture and vehicles24 | - | €4,435 | €1,505 | €1,314 | €641 | ▼ 51.3% |
| Financial fixed assets28 | - | - | €1,000 | - | - | - |
| Current assets29/58 | €35,186 | €20,089 | €23,038 | €27,015 | €10,482 | ▼ 61.2% |
| Stocks and contracts in progress3 | €3,312 | €4,174 | €4,321 | €404 | €617 | ▲ 52.9% |
| Stocks30/36 | - | €4,174 | €4,321 | €404 | €617 | ▲ 52.9% |
| Amounts receivable within one year40/41 | €5,366 | €12,366 | €13,496 | €18,626 | €9,864 | ▼ 47.0% |
| Trade receivables40 | - | €10,480 | €13,496 | €18,626 | €8,463 | ▼ 54.6% |
| Other amounts receivable41 | - | €1,886 | - | - | €1,401 | - |
| Cash at bank and in hand54/58 | €26,507 | €3,516 | €5,222 | €7,985 | - | - |
| Deferred charges and accrued income490/1 | - | €33 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €44,339 | €29,928 | €29,129 | €29,145 | €11,706 | ▼ 59.8% |
| Equity10/15 | €1,269 | -€8,112 | -€10,219 | -€17,772 | -€25,670 | ▼ 44.4% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €500 | €500 | €500 | €500 | €500 | = |
| Non-distributable reserves130/1 | - | €500 | €500 | €500 | €500 | = |
| Reserves not available under the articles1311 | - | €500 | €500 | €500 | €500 | = |
| Profit (loss) carried forward14 | -€5,431 | -€14,812 | -€16,919 | -€24,472 | -€32,370 | ▼ 32.3% |
| Amounts payable17/49 | €43,069 | €38,040 | €39,348 | €46,917 | €37,376 | ▼ 20.3% |
| Amounts payable within one year42/48 | €43,069 | €38,040 | €37,093 | €46,917 | €37,376 | ▼ 20.3% |
| Financial debts43 | - | €10 | - | - | €8,413 | - |
| Credit institutions430/8 | - | €10 | - | - | €8,413 | - |
| Trade debts44 | €6,587 | €7,047 | €6,829 | €13,980 | €716 | ▼ 94.9% |
| Suppliers440/4 | - | €7,047 | €6,829 | €13,980 | €716 | ▼ 94.9% |
| Taxes, remuneration and social security45 | - | €6,749 | €5,781 | €2,524 | €132 | ▼ 94.8% |
| Taxes450/3 | - | €226 | €1,648 | €2,524 | €132 | ▼ 94.8% |
| Remuneration and social security454/9 | - | €6,524 | €4,134 | - | - | - |
| Other amounts payable47/48 | - | €24,234 | €24,482 | €30,413 | €28,115 | ▼ 7.6% |
| Accrued charges and deferred income492/3 | - | - | €2,256 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €29,754 | -€9,381 | -€2,108 | -€7,553 | -€7,898 | ▼ 4.6% |
| + Depreciation and write-downs630 | €3,683 | €4,390 | €4,749 | €1,523 | €906 | ▼ 40.5% |
| Operating cash flow (approximation) | €33,437 | -€4,991 | €2,642 | -€6,030 | -€6,992 | ▼ 16.0% |
| Investment in fixed assets (approximation) | - | -€5,077 | -€1,000 | €2,438 | €0 | ▼ 100% |
| Change in cash | - | -€22,991 | €1,706 | €2,764 | - | - |
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
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €29,754
Net result €29,754 after one loss-making year.
12-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 73 days late
2019
31-12
Financial
Weakest financial yearnet -€40,308
Net result drops to -€40,308, the lowest in the series; recovery starts the following year.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Profondeville · 1 establishment unit since 2017
Ground area
3,048 m²
Building footprint
217 m²
Volume, LiDAR
1,095 m³
Parcel 92101A0007/00N006, Wallonia · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
EASY VAN CONCEPT
since 20172.271.247.278
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92101A0007/00N006 | Wallonia | 3,047 m² | 1 · 217 m² | 7.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 130 companies in sector 29202 we hold annual accounts for 85. 4 are within a factor 10 of this equity. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded06-12-2017
Fiscal year end31-12
Activities, NACEBEL 2025
29202Manufacture of motor vehicles, trailers and semi-trailers
95319Other maintenance and repair of motor vehicles
E-invoicing
Reachable via Peppol
Peppol ID
0208:0685684090
Registered
20-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.