Start2drive
ActiveStart2drive has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €313k and a net result of €103k. Its solvency ranks better than 69% of 2024 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
98
/ 100
Excellent▲ +5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+7
Solvency100=
Growth58
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 2.41 against 13.33 in 2024), and 33.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers 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 →
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
66.3%
Return on assets
21.8%
Age of the figures
8 mo
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 25-03-2026, 128 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
128 d early
2024
13 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€313k▼ 21.2%
2024 · €397k
2024: €397k
2024 → 2025
Total assets
€472k▲ 11.7%
2024 · €422k
2024: €422k
2024 → 2025
Net result
€103k▲ 38.9%
2024 · €74k
2024: €74k
2024 → 2025
Working capital
€224k▼ 24.4%
2024 · €297k
2024: €297k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€397k-€313k▼ 21.2%
Operating result€106k-€133k▲ 25.2%
Net result€74k-€103k▲ 38.9%
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 25% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €472k
Fixed assets
€89k▼ 12.8%
Current assets
€383k▲ 19.5%
Equity and liabilities €472k
Equity
€313k▼ 21.2%
Debt
€159k▲ 539%
The debt ratio rises from 5.9% to 33.7%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€183k▲
2024 · €157k
Cash flow
€152k▲
2024 · €125k
Solvency
66.3%▼
2024 · 94.1%
Current ratio
2.41▼
2024 · 13.33
Quick ratio
2.41▼
2024 · 13.33
Debt / equity
0.51▲
2024 · 0.06
ROE
32.8%▲
2024 · 18.6%
ROA
21.8%▲
2024 · 17.5%
Interest coverage
1610.25▼
2024 · 1873.14
Debt
€159k▲
2024 · €25k
Debt ≤ 1 year
€159k▲
2024 · €24k
Income taxes
€34k▼
2024 · €34k
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€422k€472k▲
Fixed assets21/28€102k€89k▼
Tangible fixed assets22/27€97k€89k▼
Plant, machinery and equipment23€10k€8k▼
Furniture and vehicles24€85k€67k▼
Other tangible fixed assets26€2k€14k▲
Financial fixed assets28€5k€0▼
Current assets29/58€321k€383k▲
Amounts receivable after more than one year29€32k€63k▲
Other amounts receivable291€32k€63k▲
Amounts receivable within one year40/41€15k€16k▲
Trade receivables40€7k€10k▲
Other amounts receivable41€8k€7k▼
Cash at bank and in hand54/58€266k€299k▲
Deferred charges and accrued income490/1€8k€5k▼
Equity and liabilities
Total equity and liabilities10/49€422k€472k▲
Equity10/15€397k€313k▼
Contributions10/11€5k€5k=
Reserves13€392k€308k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€392k€308k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€25k€159k▲
Amounts payable within one year42/48€24k€159k▲
Trade debts44€5k€2k▼
Suppliers440/4€5k€2k▼
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€19k€8k▼
Taxes450/3€19k€8k▼
Other amounts payable47/48-€149k
Accrued charges and deferred income492/3€804€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€50k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€159k€186k▲
Operating profit (loss)9901€106k€133k▲
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€84€114▲
Recurring financial charges65€84€114▲
Profit (loss) for the period before taxes9903€108k€137k▲
Income taxes67/77€34k€34k▼
Profit (loss) for the period9904€74k€103k▲
Profit (loss) for the period to be appropriated9905€74k€103k▲
Appropriation of the result
Profit (loss) to be appropriated9906€74k€103k▲
Transfer from equity791/2€51k€84k▲
Transfer to equity691/2€74k€0▼
To other reserves6921€74k€0▼
Profit to be distributed694/7€51k€187k▲
Return on contributions (dividend)694€51k€187k▲
The notes to these accounts (12 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
25-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
Directors · office · real estate
Directors
5 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, Aalst · 1 establishment unit since 2017
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.
Sinte Annalaan 29300 AalstGround area
155 m²
Building footprint
155 m²
Volume, LiDAR
1,102 m³
Parcel 41302C0549/00D012, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Start2Drive
since 20172.260.671.409
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41302C0549/00D012 | Flanders | 155 m² | 1 · 155 m² | 9.5 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 233 EUR awarded · 225 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 187 EUR | 187 EUR |
| 2024 | 1 | 46 EUR | 38 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,034 companies in sector 85531 we hold annual accounts for 345. 214 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-01-2017
Fiscal year end31-12
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 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.