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EASYWAY

Active
Private limited company (pre-2019)founded 200421 yrs activeFonteinestraat 1, 8940 Wervik, BelgiumKBO/BCE: BE 0867.684.497
Summary

EASYWAY has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.6m and a net result of €288,566. Equity is growing by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 86% of 8115 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability64=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €200,000 at 30 days acceptable
Liquidity ample (current ratio 11.54 against 26.33 in 2024; short-term debt: 1.5% and cash: 16.9% of total assets), and 17.5% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
82.5%
Return on assets
9.2%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 21 years 0 30 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 21-04-2026, 9 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
9 d early
2024
20 d early
2023
13 d early
2022
11 d early
2021
36 d early
2020
7 d early
2019
9 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 15 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

EASYWAY was incorporated on 7 October 2004.1 Total assets went from EUR 3.2 million in 2018 to EUR 3.1 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Turnover
€244,346
EBIT margin
57.9%
Net result
€288,566▲ 228%
2024 · €88,022
Working capital
€503,088▼ 28.8%
2024 · €706,401
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
Turnover
Operating result€155,043▲ 156%€110,001▼ 29.1%€138,027▲ 25.5%€152,269▲ 10.3%€114,398▼ 24.9%
Net result€541,516▲ 13.4%€515,583▼ 4.8%€309,725▼ 39.9%€88,022▼ 71.6%€288,566▲ 228%
EBIT margin
Equity€2.8m▲ 15.4%€3.0m▲ 8.0%€2.8m▼ 7.0%€2.8m▲ 1.2%€2.6m▼ 8.5%
Total assets€3.4m▲ 13.2%€3.5m▲ 5.3%€3.3m▼ 6.4%€3.3m▲ 1.1%€3.1m▼ 6.5%
Debt€586,915▲ 4.0%€544,216▼ 7.3%€526,207▼ 3.3%€527,891▲ 0.3%€547,744▲ 3.8%
Working capital€991,744▲ 56.6%€936,209▼ 5.6%€642,643▼ 31.4%€706,401▲ 9.9%€503,088▼ 28.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
  • 2025 Net result +228% on 2024. Cause not known from the registers.
  • 2024 Net result -72% on 2023. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
€0€200,000€400,000€600,000Operating result 2021: €155,043€155,043Net result 2021: €541,516€541,516Operating result 2022: €110,001€110,001Net result 2022: €515,583€515,583Operating result 2023: €138,027€138,027Net result 2023: €309,725€309,725Operating result 2024: €152,269€152,269Net result 2024: €88,022€88,022Operating result 2025: €114,398€114,398Net result 2025: €288,566€288,56620212022202320242025€0€100,000€200,000€300,000Operating result 2023: €138,027€138,000Net result 2023: €309,725€310,000Operating result 2024: €152,269€152,000Net result 2024: €88,022€88,000Operating result 2025: €114,398€114,000Net result 2025: €288,566€289,000202320242025
The operating result falls in 2025; 2025 is 25% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.1m
Fixed assets €2.6m ▼ 1.3%
Current assets €550,832 ▼ 25.0%
Equity and liabilities €3.1m
Equity €2.6m ▼ 8.5%
Debt €547,744 ▲ 3.8%
Debt's share of the balance-sheet total rises from 15.8% to 17.5%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€149,830▼
2024 · €187,028
Cash flow
€323,998▲
2024 · €122,781
Current ratio
11.54▼
2024 · 26.33
Debt to equity
0.21▲
2024 · 0.19
ROE
11.2%▲
2024 · 3.1%
ROA
9.2%▲
2024 · 2.6%
Interest coverage
4.08▼
2024 · 5.02
Debt ≤ 1 year
€47,744▲
2024 · €27,891
Debt > 1 year
€500,000=
2024 · €500,000
Income taxes
€49,943▲
2024 · €41,992
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet Code20242025
Assets
Total assets20/58€3.3m€3.1m▼
Fixed assets21/28€2.6m€2.6m▼
Tangible fixed assets22/27€348,259€313,673▼
Land and buildings22€302,767€286,286▼
Plant, machinery and equipment23€4,663€2,961▼
Furniture and vehicles24€36,513€23,110▼
Other tangible fixed assets26€4,316€1,316▼
Financial fixed assets28€2.3m€2.3m=
Current assets29/58€734,292€550,832▼
Stocks and contracts in progress3€135,000€0▼
Stocks30/36€135,000€0▼
Amounts receivable within one year40/41€24,414€24,200▼
Trade receivables40€24,200€24,200=
Other amounts receivable41€214€0▼
Current investments50/53€510,000€0▼
Cash at bank and in hand54/58€60,742€526,632▲
Deferred charges and accrued income490/1€4,136-
Equity and liabilities
Total equity and liabilities10/49€3.3m€3.1m▼
Equity10/15€2.8m€2.6m▼
Contributions10/11€250,000€250,000=
Reserves13€2.6m€2.3m▼
Non-distributable reserves130/1€25,000€25,000=
Reserves not available under the articles1311€25,000€25,000=
Distributable reserves133€2.5m€2.3m▼
Amounts payable17/49€527,891€547,744▲
Amounts payable after more than one year17€500,000€500,000=
Financial debts170/4€500,000€500,000=
Amounts payable within one year42/48€27,891€47,744▲
Trade debts44€3,070€2,436▼
Suppliers440/4€3,070€2,436▼
Taxes, remuneration and social security45€24,821€45,308▲
Taxes450/3€21,853€42,255▲
Remuneration and social security454/9€2,968€3,053▲
Income statement Code20242025
Non-recurring operating income76A€22,624€0▼
Goods, raw materials, services and sundry goods60/61€124,051€212,033▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34,759€35,432▲
Other operating charges640/8€3,929€3,966▲
Gross operating margin9900€190,957€153,796▼
Operating profit (loss)9901€152,269€114,398▼
Financial income75/76B€15,012€260,855▲
Recurring financial income75€15,012€260,855▲
Financial charges65/66B€37,267€36,744▼
Recurring financial charges65€37,267€36,744▼
Profit (loss) for the period before taxes9903€130,014€338,509▲
Income taxes67/77€41,992€49,943▲
Profit (loss) for the period9904€88,022€288,566▲
Profit (loss) for the period to be appropriated9905€88,022€288,566▲
Appropriation of the result
Profit (loss) to be appropriated9906€88,022€288,566▲
Transfer from equity791/2€54,743€526,465▲
Transfer to equity691/2€88,022€288,566▲
To other reserves6921€88,022€288,566▲
Profit to be distributed694/7€54,743€526,465▲
Return on contributions (dividend)694€54,743€526,465▲

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A---€22,624€0▼ 100%
Goods, raw materials, services and sundry goods60/61-€121,549€196,888€124,051€212,033▲ 70.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,917€13,620€26,645€34,759€35,432▲ 1.9%
Other operating charges640/8-€2,268€3,431€3,929€3,966▲ 0.9%
Gross operating margin9900€164,253€125,889€168,103€190,957€153,796▼ 19.5%
Operating profit (loss)9901€155,043€110,001€138,027€152,269€114,398▼ 24.9%
Financial income75/76B-€500,064€256,503€15,012€260,855▲ 1,638%
Recurring financial income75€500,123€500,064€256,503€15,012€260,855▲ 1,638%
Financial charges65/66B-€20,512€26,624€37,267€36,744▼ 1.4%
Recurring financial charges65€25,356€20,512€26,624€37,267€36,744▼ 1.4%
Profit (loss) for the period before taxes9903€629,810€589,553€367,906€130,014€338,509▲ 160%
Income taxes67/77€88,294€73,970€58,181€41,992€49,943▲ 18.9%
Profit (loss) for the period9904€541,516€515,583€309,725€88,022€288,566▲ 228%
Profit (loss) for the period to be appropriated9905€541,516€515,583€309,725€88,022€288,566▲ 228%
Line20212022202320242025Change
Assets
Total assets20/58€3.4m€3.5m€3.3m€3.3m€3.1m▼ 6.5%
Fixed assets21/28€2.3m€2.6m€2.6m€2.6m€2.6m▼ 1.3%
Tangible fixed assets22/27€18,207€294,712€378,738€348,259€313,673▼ 9.9%
Land and buildings22-€263,008€319,249€302,767€286,286▼ 5.4%
Plant, machinery and equipment23-€833€1,885€4,663€2,961▼ 36.5%
Furniture and vehicles24-€20,556€50,288€36,513€23,110▼ 36.7%
Other tangible fixed assets26-€10,315€7,316€4,316€1,316▼ 69.5%
Financial fixed assets28€2.3m€2.3m€2.3m€2.3m€2.3m=
Current assets29/58€1.1m€980,425€668,850€734,292€550,832▼ 25.0%
Stocks and contracts in progress3--€135,000€135,000€0▼ 100%
Stocks30/36--€135,000€135,000€0▼ 100%
Amounts receivable within one year40/41€26,233€24,250€24,375€24,414€24,200▼ 0.9%
Trade receivables40-€24,200€24,333€24,200€24,200=
Other amounts receivable41-€50€42€214€0▼ 100%
Current investments50/53€645,382€850,000€400,000€510,000€0▼ 100%
Cash at bank and in hand54/58€407,044€106,175€108,203€60,742€526,632▲ 767%
Deferred charges and accrued income490/1--€1,272€4,136--
Equity and liabilities
Total equity and liabilities10/49€3.4m€3.5m€3.3m€3.3m€3.1m▼ 6.5%
Equity10/15€2.8m€3.0m€2.8m€2.8m€2.6m▼ 8.5%
Contributions10/11-€250,000€250,000€250,000€250,000=
Reserves13€2.5m€2.7m€2.5m€2.6m€2.3m▼ 9.3%
Non-distributable reserves130/1-€25,000€25,000€25,000€25,000=
Reserves not available under the articles1311-€25,000€25,000€25,000€25,000=
Distributable reserves133-€2.7m€2.5m€2.5m€2.3m▼ 9.4%
Amounts payable17/49€586,915€544,216€526,207€527,891€547,744▲ 3.8%
Amounts payable after more than one year17€500,000€500,000€500,000€500,000€500,000=
Financial debts170/4-€500,000€500,000€500,000€500,000=
Amounts payable within one year42/48€86,915€44,216€26,207€27,891€47,744▲ 71.2%
Trade debts44€868€1,406€325€3,070€2,436▼ 20.7%
Suppliers440/4-€1,406€325€3,070€2,436▼ 20.7%
Taxes, remuneration and social security45-€42,810€25,882€24,821€45,308▲ 82.5%
Taxes450/3-€40,092€22,914€21,853€42,255▲ 93.4%
Remuneration and social security454/9-€2,718€2,968€2,968€3,053▲ 2.9%
Line20212022202320242025Change
Profit (loss) for the period9904€541,516€515,583€309,725€88,022€288,566▲ 228%
+ Depreciation and write-downs630€4,917€13,620€26,645€34,759€35,432▲ 1.9%
Operating cash flow (approximation)€546,433€529,203€336,370€122,781€323,998▲ 164%
Investment in fixed assets (approximation)--€290,125-€110,671-€4,280-€846▲ 80.2%
Change in cash--€300,869€2,028-€47,461€465,890▲ 1,082%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
21-04
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
10-04
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
17-04
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
19-04
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
25-03
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial Highest result since 2018net €541,516 ▲13.4%
Operating result €155,043, net result €541,516, both a record.
23-04
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial Liquidity triplescurrent ratio 10.86
Current ratio from 3.15 to 10.86; short-term debt falls from €68,827 to €64,205.
30-09
Financial Equity above €2mEq €2.4m ▲24.8%
3 profitable years in a row build equity to €2.4m.
21-04
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial Liquidity triplescurrent ratio 3.15
Current ratio from 1.14 to 3.15; short-term debt falls from €755,774 to €68,827.
23-04
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-04
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-04
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Wervik · 1 establishment unit since 2004
seat establishment The establishment unit on the map
Ground area
1.9 ha
Building footprint
163 m²
Volume, LiDAR
1,095 m³
Parcel 33029A0463/00F000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Easyway
Fonteinestraat 1, 8940 WervikNACE 5010401
since 20042.139.621.248
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
33029A0463/00F000 Flanders 1.9 ha 1 · 163 m² 9.7 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.

Structure & network

Owners and holdings

2 owners · 1 holding

Owners 2

Holdings 1

According to the annual accounts to 30-09-2025 of EASYWAY and those 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.

Similar companies · same sector, comparable size

Of 338 companies in sector 46713 we hold annual accounts for 204. 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 formPrivate limited company (pre-2019)
Founded07-10-2004
Fiscal year end30-09
Activities, NACEBEL 2025
46713Wholesale trade
46610Wholesale trade
46630Wholesale trade
77120Rental and leasing activities
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0867684497
Registered 27-03-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.