EASYLEARNING
Bankruptcy closedSummary
EASYLEARNING was declared bankrupt on 30-11-2021 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 03-02-2026, published in the Belgian State Gazette on 27-02-2026. The 2020 annual accounts show equity of €275k and a net result of €178k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 20-03-2021, 133 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
133 d early
2019
112 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Turnover
€1.41M▲ 17.2%
2019 · €1.21M
2019: €1.21M
2019 → 2020
EBIT margin
15.6%▲ 2.8pp
2019 · 12.8%
2019: 12.8%
2019 → 2020
Net result
€178k▲ 25.2%
2019 · €142k
2018: €-17k
2019: €142k
2018 → 2020
Working capital
€260k▲ 237%
2019 · €77k
2018: €-7k
2019: €77k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Turnover€1.21M€1.41M▲ 17.2%
Equity€-7k-€97k€275k▲ 183%
Operating result€-1k-€154k€220k▲ 42.5%
Net result€-17k-€142k€178k▲ 25.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2020 is 42% above 2019 and is the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €294k
Fixed assets
€15k ▼ 25.0%
Current assets
€279k ▲ 210%
Equity and liabilities €294k
Equity
€275k ▲ 183%
Debt
€18k ▲ 44.6%
The debt ratio falls from 11.5% to 6.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€225k▲
2019 · €159k
Cash flow
€183k▲
2019 · €147k
Current ratio
15.18▲
2019 · 7.09
Quick ratio
11.09▲
2019 · 2.37
ROE
64.6%▼
2019 · 146.0%
ROA
60.6%▼
2019 · 129.2%
Debt ≤ 1 year
€18k▲
2019 · €13k
Income taxes
€42k▲
2019 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts As filed with the NBB · 2020 against 2019 · 22 lines
Balance sheet
Code20192020
Assets
Total assets20/58€110k€294k▲
Fixed assets21/28€20k€15k▼
Tangible fixed assets22/27€20k€15k▼
Current assets29/58€90k€279k▲
Stocks and contracts in progress3€60k€75k▲
Amounts receivable within one year40/41-€158k
Cash at bank and in hand54/58€30k€45k▲
Equity and liabilities
Total equity and liabilities10/49€110k€294k▲
Equity10/15€97k€275k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€79k€257k▲
Amounts payable17/49€13k€18k▲
Amounts payable within one year42/48€13k€18k▲
Income statement
Code20192020
Turnover70€1.21M€1.41M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=
Gross operating margin9900€161k€227k▲
Operating profit (loss)9901€154k€220k▲
Recurring financial charges65€263€316▲
Profit (loss) for the period before taxes9903€154k€220k▲
Income taxes67/77€12k€42k▲
Profit (loss) for the period9904€142k€178k▲
Profit (loss) for the period to be appropriated9905€142k€178k▲
Timeline · acts, filings and financial milestones
2026
27-02
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · EASYLEAR- NING BV GRENSSTRAAT 166, 1970 WEZEMBEEK-OPPEM · event 03-02-2026
2021
07-12
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · EASYLEARNING BV GRENS- STRAAT 166, 1970 WEZEMBEEK-OPPEM · event 30-11-2021
20-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €178k ▲25.2%
Operating result €220k, net result €178k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 15.18
Current ratio from 7.09 to 15.18.
31-12
Financial
Equity above €200kEq €275k ▲183%
2 profitable years in a row build equity to €275k.
20-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 112 days late
2019
31-12
Financial
Back to profitnet €142k
Net result €142k after one loss-making year.
31-12
Financial
Liquidity times 408current ratio 7.09
Current ratio from 0.02 to 7.09.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
2015
14-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 14 days late
2014
28-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 28 days late
2013
11-06
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
13-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 13 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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
1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ground area
8,701 m²
Building footprint
2,191 m²
Volume, LiDAR
4,172 m³
2 parcels, Flanders · tallest building 17.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
EASYLEARNING
since 20102.184.728.228
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0041/00F000 | Flanders | 7,975 m² | 1 · 1,789 m² | - |
| 22302C0229/00H000 | Flanders | 726 m² | 1 · 402 m² | 17.2 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JACQUES ARNAUTS-SMEETS KUNSTLAAN 24 BUS 9,
1000 BRUSSEL 1 |
30-11-2021 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded02-02-2010
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.