EASYKIT WEST
ActiveSummary
The computed 12-month bankruptcy probability of EASYKIT WEST is 2.8% (moderate). The 2025 annual accounts show equity of €319,834 and a net result of €59,255. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 50% of 4231 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability77▼-23
Solvency61▲+18
Growth32=
Track record100
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €18,000 at 30 days acceptable
Liquidity short (current ratio 0.9 against 0.84 in 2024; short-term debt: 59.6% and cash: 19.9% of total assets), and 64.1% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
35.9%
Return on assets
6.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
12 d late
2024
14 d early
2023
12 d early
2022
44 d early
2021
54 d early
2020
37 d early
← 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 25 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% 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.
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€59,255▼ 91.0%
2024 · €657,090
Working capital
-€50,585▲ 71.8%
2024 · -€179,646
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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
Line20212022202320242025
Operating result€730,594▼ 37.6%€532,705▼ 27.1%-€1.1m€664,743€65,021▼ 90.2%
Net result€542,178above the sector's middle half▼ 33.3%€384,898above the sector's middle half▼ 29.0%-€1.1mbelow the sector's middle half€657,090above the sector's middle half€59,255within the sector's middle half▼ 91.0%
Equity€640,586above the sector's middle half▼ 50.7%€725,484above the sector's middle half▲ 13.3%-€396,511below the sector's middle half€260,579within the sector's middle half€319,834within the sector's middle half▲ 22.7%
Total assets€4.1mabove the sector's middle half▼ 34.8%€5.2mabove the sector's middle half▲ 25.3%€5.6mabove the sector's middle half▲ 8.2%€1.5mwithin the sector's middle half▼ 73.6%€890,422within the sector's middle half▼ 39.9%
Debt€3.3m▼ 31.3%€4.3m▲ 31.1%€5.9m▲ 37.2%€1.2m▼ 80.4%€538,706▼ 53.3%
Working capital€308,223within the sector's middle half▼ 93.5%€248,203within the sector's middle half▼ 19.5%-€231,771below the sector's middle half-€179,646below the sector's middle half▲ 22.5%-€50,585below the sector's middle half▲ 71.8%
Solvency15.5%below the sector's middle half▼ 5.0pp14.0%below the sector's middle half▼ 1.5pp-7.1%below the sector's middle half▼ 21.1pp17.6%below the sector's middle half▲ 24.7pp35.9%within the sector's middle half▲ 18.3pp
Current ratio1.09within the sector's middle half▼ 3.761.06within the sector's middle half▼ 0.040.96below the sector's middle half▼ 0.100.84below the sector's middle half▼ 0.110.90below the sector's middle half▲ 0.06
Return on assets (ROA)13.1%above the sector's middle half▲ 0.3pp7.4%within the sector's middle half▼ 5.7pp-20.0%below the sector's middle half▼ 27.4pp44.4%above the sector's middle half▲ 64.3pp6.7%within the sector's middle half▼ 37.7pp
Staff (FTE)24.5above the sector's middle half▼ 8.6%23.6above the sector's middle half▼ 3.7%25.6above the sector's middle half▲ 8.5%23.1above the sector's middle half▼ 9.8%19.2within the sector's middle half▼ 16.9%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2025 Net result -91% on 2024. The previous fiscal year ran 15 months, this one 12. The accounts now follow the full schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 90% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €890,422
Fixed assets
€410,194 ▼ 22.3%
Current assets
€480,228 ▼ 49.7%
Equity and liabilities €890,422
Equity
€319,834 ▲ 22.7%
Provisions
€31,882 ▼ 53.3%
Debt
€538,706 ▼ 53.3%
Debt's share of the balance-sheet total falls from 77.8% to 60.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€190,559▼
2024 · €859,591
Cash flow
€184,793▼
2024 · €851,939
Debt to equity
1.68▼
2024 · 4.42
ROE
18.5%▼
2024 · 252.2%
Interest coverage
182.75▼
2024 · 852.81
Debt ≤ 1 year
€530,813▼
2024 · €1.1m
Income taxes
€4,723▼
2024 · €6,650
Staff costs
€1.4m▼
2024 · €1.9m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,781 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
2.7%
stopped otherwise
97%
still going
For this company itself Checked computes a higher bankruptcy probability: 2.8% 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 6,781 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €500,000 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | €1.4m | €1.6m | €1.9m | €1.4m | ▼ 29.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €97,813 | €118,502 | €134,108 | €194,849 | €125,537 | ▼ 35.6% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | -€53,259 | -€48,235 | -€52,021 | -€36,332 | ▲ 30.2% |
| Other operating charges640/8 | - | €3,877 | €5,688 | €13,132 | €7,937 | ▼ 39.6% |
| Non-recurring operating charges66A | - | - | €666,541 | €0 | €8,566 | - |
| Gross operating margin9900 | €2.2m | €2.0m | €1.3m | €2.7m | €1.5m | ▼ 44.1% |
| Operating profit (loss)9901 | €730,594 | €532,705 | -€1.1m | €664,743 | €65,021 | ▼ 90.2% |
| Financial income75/76B | - | €5,603 | €12 | €5 | €0 | ▼ 100% |
| Recurring financial income75 | €161 | €5,603 | €12 | €5 | €0 | ▼ 100% |
| Financial charges65/66B | - | €1,159 | €1,745 | €1,008 | €1,043 | ▲ 3.5% |
| Recurring financial charges65 | €1,406 | €1,159 | €1,745 | €1,008 | €1,043 | ▲ 3.5% |
| Profit (loss) for the period before taxes9903 | €729,349 | €537,149 | -€1.1m | €663,740 | €63,979 | ▼ 90.4% |
| Income taxes67/77 | €187,171 | €152,250 | €3,352 | €6,650 | €4,723 | ▼ 29.0% |
| Profit (loss) for the period9904 | €542,178 | €384,898 | -€1.1m | €657,090 | €59,255 | ▼ 91.0% |
| Profit (loss) for the period to be appropriated9905 | €542,178 | €384,898 | -€1.1m | €657,090 | €59,255 | ▼ 91.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.1m | €5.2m | €5.6m | €1.5m | €890,422 | ▼ 39.9% |
| Fixed assets21/28 | €564,528 | €660,952 | €556,318 | €527,596 | €410,194 | ▼ 22.3% |
| Tangible fixed assets22/27 | €503,244 | €599,668 | €495,034 | €466,312 | €348,910 | ▼ 25.2% |
| Land and buildings22 | - | €121,164 | €0 | - | - | - |
| Plant, machinery and equipment23 | - | €241,644 | €205,668 | €167,262 | €137,167 | ▼ 18.0% |
| Furniture and vehicles24 | - | €236,860 | €191,456 | €221,748 | €140,170 | ▼ 36.8% |
| Other tangible fixed assets26 | - | - | €97,910 | €77,301 | €71,573 | ▼ 7.4% |
| Financial fixed assets28 | €61,284 | €61,284 | €61,284 | €61,284 | €61,284 | = |
| Current assets29/58 | €3.6m | €4.5m | €5.1m | €953,959 | €480,228 | ▼ 49.7% |
| Stocks and contracts in progress3 | €766,596 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €839,016 | €2.2m | €4.8m | €696,191 | €278,573 | ▼ 60.0% |
| Trade receivables40 | - | €742,396 | €1.1m | €696,191 | €278,297 | ▼ 60.0% |
| Other amounts receivable41 | - | €1.5m | €3.7m | €0 | €277 | - |
| Current investments50/53 | €625,000 | €625,000 | €0 | - | - | - |
| Cash at bank and in hand54/58 | €1.3m | €1.7m | €121,977 | €218,009 | €176,768 | ▼ 18.9% |
| Deferred charges and accrued income490/1 | - | €14,839 | €102,514 | €39,759 | €24,887 | ▼ 37.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.1m | €5.2m | €5.6m | €1.5m | €890,422 | ▼ 39.9% |
| Equity10/15 | €640,586 | €725,484 | -€396,511 | €260,579 | €319,834 | ▲ 22.7% |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | - | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Issued capital100 | - | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Reserves13 | €579,086 | €663,984 | €6,150 | €6,150 | €6,150 | = |
| Non-distributable reserves130/1 | - | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Legal reserve130 | - | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Distributable reserves133 | - | €657,834 | €0 | - | - | - |
| Profit (loss) carried forward14 | €421,008 | - | -€464,161 | €192,929 | €252,184 | ▲ 30.7% |
| Provisions and deferred taxes16 | €221,729 | €168,470 | €120,235 | €68,214 | €31,882 | ▼ 53.3% |
| Provisions for liabilities and charges160/5 | - | €168,470 | €120,235 | €68,214 | €31,882 | ▼ 53.3% |
| Environmental obligations163 | - | - | €0 | - | - | - |
| Other liabilities and charges164/5 | - | €168,470 | €120,235 | €68,214 | €31,882 | ▼ 53.3% |
| Amounts payable17/49 | €3.3m | €4.3m | €5.9m | €1.2m | €538,706 | ▼ 53.3% |
| Amounts payable within one year42/48 | €3.3m | €4.3m | €5.3m | €1.1m | €530,813 | ▼ 53.2% |
| Trade debts44 | €189,571 | €41,650 | €699,511 | €51,711 | €97,545 | ▲ 88.6% |
| Suppliers440/4 | - | €41,650 | €699,511 | €51,711 | €97,545 | ▲ 88.6% |
| Advances received on contracts in progress46 | - | €3.7m | €4.3m | €0 | - | - |
| Taxes, remuneration and social security45 | - | €227,590 | €272,855 | €223,551 | €174,143 | ▼ 22.1% |
| Taxes450/3 | - | €16,802 | €18,214 | €48,268 | €40,353 | ▼ 16.4% |
| Remuneration and social security454/9 | - | €210,788 | €254,641 | €175,283 | €133,789 | ▼ 23.7% |
| Other amounts payable47/48 | - | €300,000 | €0 | €858,343 | €259,126 | ▼ 69.8% |
| Accrued charges and deferred income492/3 | - | €15,201 | €600,824 | €19,157 | €7,893 | ▼ 58.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €542,178 | €384,898 | -€1.1m | €657,090 | €59,255 | ▼ 91.0% |
| + Depreciation and write-downs630 | €97,813 | €118,502 | €134,108 | €194,849 | €125,537 | ▼ 35.6% |
| Operating cash flow (approximation) | €639,991 | €503,400 | -€987,887 | €851,939 | €184,793 | ▼ 78.3% |
| Investment in fixed assets (approximation) | - | -€214,926 | -€29,475 | -€166,126 | -€8,136 | ▲ 95.1% |
| Change in cash | - | €319,748 | -€1.5m | €96,032 | -€41,241 | ▼ 143% |
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
12-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 12 days late
27-07
State Gazette act
Resignations & appointmentsPower of attorney2 facts ▸
State Gazette act
Resignations & appointments
Power of attorney2 facts ▸
- Power of attorney, LiRa Finconsult BV
- Power of attorney, AccountingTeam NV
31-03
State Gazette act
Appointment: Finvision Bedrijfsrevisoren BV (statutory auditor)2 facts ▸
State Gazette act
Appointment: Finvision Bedrijfsrevisoren BV (statutory auditor)
2 facts ▸
- General meeting, 1 december 2025
- Auditor appointment, Finvision Bedrijfsrevisoren BV (statutory auditor)
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €657,090
Net result €657,090 after one loss-making year.
31-12
Financial
Equity above €200,000Eq €260,579
Equity rises from -€396,511 to €260,579.
18-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Weakest financial yearnet -€1.1m
Net result drops to -€1.1m, the lowest in the series; recovery starts the following year.
17-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
07-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
24-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 8 acts read
About the unread acts
Of the 8 Belgian State Gazette acts we know for this company, 2 have been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
Statutory auditor 1
BV Finvision Bedrijfsrevisoren
CurrentStatutory auditor · since 31-03-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Location & real-estate footprint
Registered office, Rotselaar · 6 establishment units since 1995
Ground area
4.1 ha
Building footprint
2.9 ha
Volume, LiDAR
236,478 m³
7 parcels, Flanders · tallest building 25.8 m, ±4 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
6 establishment units
Batiself - Easykit
since 19952.070.196.962
Batiself - Easykit
since 20012.070.197.061
Batiself - Easykit
since 20122.213.888.507
Batiself - Easykit
since 20162.248.413.676
Batiself - Easykit
since 20172.265.201.507
Filiaal Easykit Oudenaarde
since 20212.315.392.077
7 parcels
Flanders
7
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43001H0459/00C000 | Flanders | 1.7 ha | 1 · 1.1 ha | 13.0 m · 2 fl. |
| 45508A0120/00A012 | Flanders | 1.6 ha | 1 · 1.6 ha | 25.8 m · 3 fl. |
| 24094C0749/00B003 | Flanders | 3,145 m² | 1 · 1,150 m² | 12.7 m · 4 fl. |
| 23026B0114/00W002indicative | Flanders | 1,675 m² | - | - |
| 44040D0091/00T000 | Flanders | 1,499 m² | 1 · 503 m² | 7.7 m · 2 fl. |
| 36503C0888/00D000 | Flanders | 921 m² | 1 · 577 m² | 8.0 m · 2 fl. |
| 46446B1011/00E000 | Flanders | 691 m² | - | - |
Linked by address, not proof of ownership
Good to know
6 of 7 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
1 person since 2026, 1 in office
- Statutory auditor
| Name | Functions and periods |
|---|---|
| BV Finvision Bedrijfsrevisoren |
|
Structure & network
Owners and holdings
1 ownerChain of control
- EASYKIT GROUP
- EASYKIT WEST
Highest known parent: EASYKIT GROUP. The sources do not say who stands above it.
Owners 1
- EASYKIT GROUPparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 4,481 EUR awarded · 3,567 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 640 EUR | 300 EUR |
| 2024 | 1 | 599 EUR | 25 EUR |
| 2023 | 1 | 2,028 EUR | 2,050 EUR |
| 2022 | 1 | 1,214 EUR | 1,192 EUR |
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Of 214 companies in sector 47527 we hold annual accounts for 147. 108 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded01-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
47521Retail sale of hardware, building materials, paint and glass (general range)
47527Retail trade
43222Installation of electric heating, air conditioning, cooling and ventilation
46643Wholesale of electrical equipment, including installation materials
46842Wholesale trade
47529Retail trade
Contact
E-mail
yves.perin@easykit.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0735498441
Registered
14-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.