Rijschool M18
ActiveRijschool M18 has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16k and a net result of €16k. Its solvency ranks better than 33% of 2035 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability96▲+10
Solvency47▲+2
Growth78
Track record94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.82 against 0.7 in 2024; short-term debt: 74.7% and cash: 31.9% of total assets), and 78.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
Sector 85
lower
← fewer bankruptcies
more bankruptcies →
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
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
21.6%
Return on assets
22%
Age of the figures
12 mo
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 28-04-2026, 2 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
2 d early
2024
4 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
19-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€16k▲ 66.3%
2024 · €10k
2024: €10k
2024 → 2025
Total assets
€75k▲ 50.9%
2024 · €49k
2024: €49k
2024 → 2025
Net result
€16k▲ 145%
2024 · €7k
2024: €7k
2024 → 2025
Working capital
€-10k▲ 9.0%
2024 · €-11k
2024: €-11k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€10k-€16k▲ 66.3%
Operating result€9k-€19k▲ 121%
Net result€7k-€16k▲ 145%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 121% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €75k
Fixed assets
€29k▲ 17.1%
Current assets
€46k▲ 83.8%
Equity and liabilities €75k
Equity
€16k▲ 66.3%
Debt
€58k▲ 47.1%
The debt ratio falls from 80.4% to 78.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€33k▲
2024 · €14k
Cash flow
€30k▲
2024 · €12k
Solvency
21.6%▲
2024 · 19.6%
Current ratio
0.82▲
2024 · 0.70
Quick ratio
0.82▲
2024 · 0.70
Debt / equity
3.62▼
2024 · 4.10
ROE
101.8%▲
2024 · 69.1%
ROA
22.0%▲
2024 · 13.6%
Interest coverage
32.94▼
2024 · 360.92
Debt
€58k▲
2024 · €40k
Debt ≤ 1 year
€56k▲
2024 · €36k
Debt > 1 year
€3k▼
2024 · €4k
Income taxes
€2k▼
2024 · €2k
Staff costs
€19k▼
2024 · €21k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€49k€75k▲
Fixed assets21/28€24k€29k▲
Tangible fixed assets22/27€24k€29k▲
Furniture and vehicles24€24k€29k▲
Current assets29/58€25k€46k▲
Amounts receivable within one year40/41€15k€21k▲
Trade receivables40€15k€21k▲
Cash at bank and in hand54/58€9k€24k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€49k€75k▲
Equity10/15€10k€16k▲
Contributions10/11€3k€3k=
Capital10€3k€3k=
Issued capital100€3k€3k=
Profit (loss) carried forward14€7k€13k▲
Amounts payable17/49€40k€58k▲
Amounts payable after more than one year17€4k€3k▼
Financial debts170/4€4k€3k▼
Amounts payable within one year42/48€36k€56k▲
Trade debts44€6k€16k▲
Suppliers440/4€6k€16k▲
Advances received on contracts in progress46€10k€10k▼
Taxes, remuneration and social security45€11k€11k▲
Taxes450/3€6k€9k▲
Remuneration and social security454/9€5k€2k▼
Other amounts payable47/48€9k€19k▲
Income statement
Code20242025
Remuneration, social security and pensions62€21k€19k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€14k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€36k€54k▲
Operating profit (loss)9901€9k€19k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€38€988▲
Recurring financial charges65€38€988▲
Profit (loss) for the period before taxes9903€9k€18k▲
Income taxes67/77€2k€2k▼
Profit (loss) for the period9904€7k€16k▲
Profit (loss) for the period to be appropriated9905€7k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€23k▲
Profit (loss) brought forward from the previous period14P-€7k
Profit to be distributed694/7-€10k
Directors or managers695-€10k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
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, Antwerpen · 1 establishment unit since 2023
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.
Sint-Bernardsesteenweg 2902020 AntwerpenGround area
173 m²
Building footprint
122 m²
Volume, LiDAR
792 m³
Parcel 11809I2498/00S013, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rijschool M18
since 20232.343.489.019
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11809I2498/00S013 | Flanders | 173 m² | 1 · 122 m² | 10.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
Rijschool DriveNow
BE 0805.130.682
Kortrijk · Eq €16k
CO2W
BE 1007.106.062
Maldegem · Eq €16k
TMCC services
BE 0769.317.688
Brussel · Eq €17k
SANDRIVE
BE 1026.145.182
Essen · Eq €16k
RIJSCHOOL SDL
BE 0436.510.688
Maasmechelen · Eq €17k
Of 1,037 companies in sector 85531 we hold annual accounts for 346. 237 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-03-2023
Fiscal year end30-09
Activities, NACEBEL
85531Driving schools for cars and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.