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Let’s drive well

Active
Private limited companyfounded 2023active for 2 yearsChemin de Kirchbusch 87, 4711 Lontzen, BelgiumKBO/BCE: BE 1002.514.004
Summary

Let’s drive well has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6,223 and a net result of €1,346, of which €6,616 non-recurring income. The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 21-11-2023 Normal situation
Activity
Driving schools for cars and motorcycles NACE 85531and 1 other
Establishment unit
2.352.824.674 4711 Lontzen, since 06-12-2023
Financial year end
31 December
Peppol
Reachable since 22-12-2025

Board and ownership

Financial position

85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€18,005
▼ 38.1%
Turnover
≈ €66,000
estimated
Profit
€1,346
▼ 43.4%
Equity
€6,223
▲ 27.6%
Total assets
€40,755
▼ 25.4%
Score breakdownraises riskFounded in 2023Liquidity: current ratio 0.60, cash €1,564lowers riskSector: Education (NACE 85)Size: total assets €40,755Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 38% of micro companies in education (NACE 85)
Financial strength · tick: 2024
Weak
Solvency 40+6
equity 15.3% of total assets
Liquidity 8+6
short-term debt 84.7% · cash 3.8%
Profitability 73-1
return on assets 3.3%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,821 companies, NACE 85, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.3%▼ -0.1 percentage points vs 06-2025 08-2025: 0.4%▲ +0.1 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.5%▲ +0.1 percentage points vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026highest value 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.3%▼ -0.2 percentage points vs 06-2026lowest value 08-2026: 0.3%● unchanged vs 07-2026lowest value 09-2026: 0.3%● unchanged vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026lowest value 11-2026: 0.3%● unchanged vs 10-2026lowest value
Credit of up to €500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.6 (0.39 in 2024), below 1. Short-term debt is 84.7% and cash 3.8% of total assets. 84.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 85, micro). It does better than 26% of them on solvency, 5% on liquidity, 47% on profitability and 75% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Education (NACE 85)
KBO
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €40,755
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.60, cash €1,564
NBB · annual accounts
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 02-06-2026, 59 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
59 days early
2024
38 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 49 days before the deadline. In the sector (NACE 85), the median for financial year 2024 was 16 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Recent changes

  1. · Gazette deed IncorporationAppointment: JANSSENS Eric Gaston (einziger nicht statutarischer verwalter)
All 3 events

Comparable companies

These companies have the same main activity as Let’s drive well: driving schools for cars and motorcycles (NACE 85531). They are comparable in size and age: total assets between €31,200 and €49,100, founded between 2023 and 2024.

CompanyTotal assetsGross margin
Let’s drive well Lontzen€40,755€18,005
D drive Eghezée€42,598€20,253
Bus 95 ADR Aalst€35,463€16,552
TRIPLETS Evere€49,142€16,578
AR ACADEMY Anderlecht€38,994€23,096
AUTO-DRIVING Liège€31,174€19,069
CVM ENTREPRISE Saint-Georges-sur-Meuse€44,432€14,419
Full comparison

Key facts about Let’s drive well

What is the company number of Let’s drive well?
The company number of Let’s drive well is 1002.514.004. The VAT number is the same number with BE in front: BE 1002.514.004.
Where is Let’s drive well based?
The registered office is at Chemin de Kirchbusch 87, 4711 Lontzen.Company details
What does Let’s drive well do?
According to the KBO register, the main activity is driving schools for cars and motorcycles (NACE 85531).
What is the legal form of Let’s drive well?
The legal form of Let’s drive well is Private limited company (BV).
When was Let’s drive well founded?
Let’s drive well was founded on 21-11-2023.
Is Let’s drive well still active?
Yes, Let’s drive well is an active enterprise in the KBO register.
What is the turnover of Let’s drive well?
The turnover in financial year 2025 is ≈ €66,000. This figure is estimated from the gross margin of €18,005 and 58 comparable companies (NACE 855). It probably lies between €44,000 and €160,000. It is a rough estimate.Financials
Is Let’s drive well profitable?
In financial year 2025, Let’s drive well made a profit of €1,346.
Where can I find the annual accounts of Let’s drive well?
Let’s drive well filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Let’s drive well due?
Let’s drive well must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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