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RIJSCHOOL CORRECT

Active
Private limited companyfounded 20242 yrs activeWondelgemstraat 147, 9000 Gent, BelgiumKBO/BCE: BE 1011.119.387
Summary

RIJSCHOOL CORRECT has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8,044 and a net result of €4,244. Its solvency ranks better than 19% of 442 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes
Profitability67
Solvency38
Growth-
Track record67
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 442 sector peers (2025).
NBB · sector comparison
Position among 442 sector peers
Solvency
better than 19%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 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 · 1 filing
Deviation from the deadline
2025
5 d late
← before the deadline after the deadline →
Checked, nothing found (1)
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

On 3 July 2024, RIJSCHOOL CORRECT was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

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

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Financials · fiscal year 2025, full schema

Turnover
€146,946
EBIT margin
-1.4%
Net result
€4,244
Working capital
-€24,068
Balance-sheet composition
Assets €61,258
Fixed assets €46,417
Current assets €14,841
Equity and liabilities €61,258
Equity €8,044
Debt €53,214
Debt finances 86.9% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€9,523
Cash flow
€15,848
Current ratio
0.38
Debt to equity
6.62
ROE
52.8%
ROA
6.9%
Interest coverage
22.60
Debt ≤ 1 year
€38,909
Debt > 1 year
€14,305
Income taxes
€2,971
Staff costs
€64,239

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 7,976 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
Filed annual accounts As filed with the NBB · 2025 · 45 lines
Balance sheet Code2025
Assets
Total assets20/58€61,258
Fixed assets21/28€46,417
Tangible fixed assets22/27€46,417
Plant, machinery and equipment23€1,030
Furniture and vehicles24€21,592
Leasing and similar rights25€23,795
Current assets29/58€14,841
Amounts receivable within one year40/41€2,152
Trade receivables40€1,600
Other amounts receivable41€552
Cash at bank and in hand54/58€12,689
Equity and liabilities
Total equity and liabilities10/49€61,258
Equity10/15€8,044
Contributions10/11€3,800
Capital10€3,800
Issued capital100€3,800
Profit (loss) carried forward14€4,244
Amounts payable17/49€53,214
Amounts payable after more than one year17€14,305
Financial debts170/4€14,305
Amounts payable within one year42/48€38,909
Current portion of amounts payable after more than one year42€8,080
Trade debts44€5
Suppliers440/4€5
Taxes, remuneration and social security45€28,949
Taxes450/3€2,971
Remuneration and social security454/9€25,978
Other amounts payable47/48€1,876
Income statement Code2025
Turnover70€146,946
Non-recurring operating income76A€7,994
Goods, raw materials, services and sundry goods60/61€77,136
Remuneration, social security and pensions62€64,239
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,604
Other operating charges640/8€4,042
Gross operating margin9900€77,805
Operating profit (loss)9901-€2,081
Financial income75/76B€9,717
Recurring financial income75€9,717
Financial charges65/66B€421
Recurring financial charges65€421
Profit (loss) for the period before taxes9903€7,215
Income taxes67/77€2,971
Profit (loss) for the period9904€4,244
Profit (loss) for the period to be appropriated9905€4,244
Appropriation of the result
Profit (loss) to be appropriated9906€4,244

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Turnover70€146,946
Non-recurring operating income76A€7,994
Goods, raw materials, services and sundry goods60/61€77,136
Remuneration, social security and pensions62€64,239
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,604
Other operating charges640/8€4,042
Gross operating margin9900€77,805
Operating profit (loss)9901-€2,081
Financial income75/76B€9,717
Recurring financial income75€9,717
Financial charges65/66B€421
Recurring financial charges65€421
Profit (loss) for the period before taxes9903€7,215
Income taxes67/77€2,971
Profit (loss) for the period9904€4,244
Profit (loss) for the period to be appropriated9905€4,244
Line2025
Assets
Total assets20/58€61,258
Fixed assets21/28€46,417
Tangible fixed assets22/27€46,417
Plant, machinery and equipment23€1,030
Furniture and vehicles24€21,592
Leasing and similar rights25€23,795
Current assets29/58€14,841
Amounts receivable within one year40/41€2,152
Trade receivables40€1,600
Other amounts receivable41€552
Cash at bank and in hand54/58€12,689
Equity and liabilities
Total equity and liabilities10/49€61,258
Equity10/15€8,044
Contributions10/11€3,800
Capital10€3,800
Issued capital100€3,800
Profit (loss) carried forward14€4,244
Amounts payable17/49€53,214
Amounts payable after more than one year17€14,305
Financial debts170/4€14,305
Amounts payable within one year42/48€38,909
Current portion of amounts payable after more than one year42€8,080
Trade debts44€5
Suppliers440/4€5
Taxes, remuneration and social security45€28,949
Taxes450/3€2,971
Remuneration and social security454/9€25,978
Other amounts payable47/48€1,876
Line2025
Profit (loss) for the period9904€4,244
+ Depreciation and write-downs630€11,604
Operating cash flow (approximation)€15,848

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

2026
05-08
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 5 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Gent · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
98 m²
Building footprint
97 m²
Volume, LiDAR
659 m³
Parcel 44810K0064/00A004, Flanders · tallest building 13.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
RIJSCHOOL CORRECT
Wondelgemstraat 147, 9000 GentDriving schools for cars and motorcycles
since 20242.361.417.092
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44810K0064/00A004 Flanders 98 m² 1 · 97 m² 13.0 m · 1 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.

Similar companies · same sector, comparable size

Of 1,038 companies in sector 85531 we hold annual accounts for 348. 194 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
Founded03-07-2024
Fiscal year end31-12
Activities, NACEBEL 2025
85531Driving schools for cars and motorcycles
E-invoicing
Reachable via Peppol
Peppol ID 0208:1011119387
Also 9925:BE1011119387
Registered 28-10-2025

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.