Start2drive
ActiveSummary
Start2drive has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €312,953 and a net result of €102,603. Its solvency ranks better than 69% of 2,593 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €312,953
- Profit
- €102,603
Why 95lowers riskLiquidity: current ratio 2.41, cash €299,238Sector: Education (NACE 85)Size: total assets €471,690Equity €312,953 (66.3% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 68% on solvency, 75% on liquidity, 78% on profitability and 22% on growth.
The bankruptcy probability was computed on 30-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 71 days before the deadline; the sector median (NACE 85) for financial year 2024 is 16 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Resignation: DE CLIPPELEER, Erik (manager)Reappointment: DE CLIPPELEER, Erik (statutory…
Financials · financial year 2025, micro format
2024 to 2025, 2 financial years
The operating result rises in 2025; 2025 is 25% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 85, Education: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 6,782 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 96.7% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 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 74.5% 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 6,782 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €50,952 | €49,761 | ▼ 2.3% |
| Other operating charges640/8 | €1,901 | €2,440 | ▲ 28.4% |
| Gross operating margin9900 | €159,339 | €185,509 | ▲ 16.4% |
| Operating profit (loss)9901 | €106,485 | €133,308 | ▲ 25.2% |
| Financial income75/76B | €1,683 | €3,440 | ▲ 104% |
| Recurring financial income75 | €1,683 | €3,440 | ▲ 104% |
| Financial charges65/66B | €84 | €114 | ▲ 35.3% |
| Recurring financial charges65 | €84 | €114 | ▲ 35.3% |
| Profit (loss) for the period before taxes9903 | €108,084 | €136,634 | ▲ 26.4% |
| Income taxes67/77 | €34,212 | €34,031 | ▼ 0.5% |
| Profit (loss) for the period9904 | €73,873 | €102,603 | ▲ 38.9% |
| Profit (loss) for the period to be appropriated9905 | €73,873 | €102,603 | ▲ 38.9% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €422,255 | €471,690 | ▲ 11.7% |
| Fixed assets21/28 | €101,575 | €88,584 | ▼ 12.8% |
| Tangible fixed assets22/27 | €97,075 | €88,584 | ▼ 8.7% |
| Plant, machinery and equipment23 | €10,350 | €7,908 | ▼ 23.6% |
| Furniture and vehicles24 | €84,806 | €66,845 | ▼ 21.2% |
| Other tangible fixed assets26 | €1,918 | €13,831 | ▲ 621% |
| Financial fixed assets28 | €4,500 | €0 | ▼ 100% |
| Current assets29/58 | €320,680 | €383,106 | ▲ 19.5% |
| Amounts receivable after more than one year29 | €31,750 | €63,000 | ▲ 98.4% |
| Other amounts receivable291 | €31,750 | €63,000 | ▲ 98.4% |
| Amounts receivable within one year40/41 | €14,744 | €16,323 | ▲ 10.7% |
| Trade receivables40 | €6,559 | €9,658 | ▲ 47.2% |
| Other amounts receivable41 | €8,185 | €6,664 | ▼ 18.6% |
| Cash at bank and in hand54/58 | €266,350 | €299,238 | ▲ 12.3% |
| Deferred charges and accrued income490/1 | €7,836 | €4,545 | ▼ 42.0% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €422,255 | €471,690 | ▲ 11.7% |
| Equity10/15 | €397,399 | €312,953 | ▼ 21.2% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Reserves13 | €392,399 | €307,953 | ▼ 21.5% |
| Non-distributable reserves130/1 | €0 | - | - |
| Reserves not available under the articles1311 | €0 | - | - |
| Distributable reserves133 | €392,399 | €307,953 | ▼ 21.5% |
| Profit (loss) carried forward14 | €0 | €0 | - |
| Amounts payable17/49 | €24,856 | €158,736 | ▲ 539% |
| Amounts payable within one year42/48 | €24,053 | €158,736 | ▲ 560% |
| Trade debts44 | €5,269 | €2,052 | ▼ 61.1% |
| Suppliers440/4 | €5,269 | €2,052 | ▼ 61.1% |
| Advances received on contracts in progress46 | €0 | - | - |
| Taxes, remuneration and social security45 | €18,784 | €8,162 | ▼ 56.5% |
| Taxes450/3 | €18,784 | €8,162 | ▼ 56.5% |
| Other amounts payable47/48 | - | €148,523 | - |
| Accrued charges and deferred income492/3 | €804 | €0 | ▼ 100% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €73,873 | €102,603 | ▲ 38.9% |
| + Depreciation and write-downs630 | €50,952 | €49,761 | ▼ 2.3% |
| Operating cash flow (approximation) | €124,825 | €152,365 | ▲ 22.1% |
| Investment in fixed assets (approximation) | - | -€36,770 | - |
| Change in cash | - | €32,889 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 25-03-2026 | 2026-00061303 |
| 31-12-2024 | micro format | 18-07-2025 | 2025-00291838 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2024 to 2025 · 2 entries · €233 awarded · €225 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €187 | €187 |
| 2024 | 1 | €46 | €38 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| DE CLIPPELEER, Erik |
|
Owners and capital
Capital and shareholders
- 23-12-2024 Capital stated in the deed · 200 shares
- 09-02-2024 Capital stated in the deed · €5,000 · 200 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
23-12
Gazette deed
Resignation: DE CLIPPELEER, Erik (manager)Reappointment: DE CLIPPELEER, Erik (statutory director) · Appointment: DE CLIPPELEER, Erik (statutory director) · Auditor report14 facts ▸
- Other provision, “goedkeuring zaakvoerdersverslag omzetting”, 19-11-2024 (deed in Dutch)
- Auditor report, “beperkte mate van zekerheid,geen controleoordeel”, EUR (deed in Dutch)
- Other provision, “kennis aansprakelijkheid gecommanditeerde vennoten bij omzetting, vennoten commanditaire vennootschap” (deed in Dutch)
- Other provision, “griffie van de Ondernemingsrechtbank, neerlegging beide verslagen” (deed in Dutch)
- Legal-form conversion, “Besloten vennootschap” (deed in Dutch)
- Director resignation, DE CLIPPELEER, Erik (manager)
- Director reappointment, DE CLIPPELEER, Erik (statutory director)
- Other provision, “kwijting ontslagnemende zaakvoerder, volgende jaarvergadering” (deed in Dutch)
- Amendment of the articles
- Capital
- Director appointment, DE CLIPPELEER, Erik (statutory director)
- Registered office clause, “Aalst, Sinte Annalaan 2” (deed in Dutch)
- +2 further facts in this act
09-02
Gazette deed
Appointment: Erik De Clippeleer (statutory manager)Amendment of the articles · Registered office clause · Power of attorney6 facts ▸
- General meeting, 29-06-2023
- Amendment of the articles
- Registered office clause, “Gewest waar de onderneming is ingezeten, Sinte Annalaan 2, 9300 Aalst” (deed in Dutch)
- Power of attorney (2 times)
- Capital, €5,000
- Director appointment, Erik De Clippeleer (statutory manager)
17-03
Gazette deed
Registered officeRegistered-office move · Director in office3 facts ▸
- Board meeting, 09-01-2023
- Registered-office move, Sinte Annalaan 2, 9300 Aalst
- Director in office, Erik De Clippeleer (manager)
About the unread acts
Of the 5 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 41302C0549/00D012 | Flanders | 155 m² | 1 · 155 m² | 9.5 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het uitbaten van een rijschool voor allerhande voertuigen maar met focus op motoren,met inbegrip van alle mogelijke diensten ter…” (deed in Dutch)
7 activities (deed in Dutch)
- Het uitbaten van een rijschool voor allerhande voertuigen maar met focus op motoren,met inbegrip van alle mogelijke diensten ter voorbereiding van de examens voor het rijbewijs in alle categorieen.
- Het uitbaten van een wagen en motorenpark en in het bijzonder de aan- en verkoop,huur en verhuur van alle soorten voertuigen,al dan niet dienstig voor de rijschool,
- Het uitbaten van een oefenterrein voor het rijbewijs of voor de bevordering van het rijgedrag (slipschool etc.).
- Het verkrijgen door aankoop of anderszins,verkopen,ruilen,verbeteren,uitrusten,verbouwen,belasten met,beschikken over,productief maken,het verhuren en in huur nemen,de leasing van alle onroerende goederen en in het algemeen alle onroerende verrichtingen.
- De verwering van participaties onder gelijk welke vorm,ook in handels,industriële,of financiële ondernemingen,zo Belgische als buitenlandse,het beheer,evenals het ten gelde maken van deze participaties,de verwerving door deelneming,inschrijving,aankoop,optie of om het even welk ander middel,van alle deelbewijzen,aandelen,obligaties,waarden en titels.
- Het toestaan van leningen en kredietopeningen aan vennootschappen of particulieren onder om het even welke vorm,voor zover wettelijk toegelaten,in dit kader kan zij zich borg stellen of haar aval verlenen,in de meest ruime zin en alle handels en financiële operaties verrichten.
- Het waarnemen van alle bestuursopdrachten in vennootschappen,het uitoefen van mandaten en functies in ondernemingen,het verstrekken van bijstand in management van ondernemingen.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Start2Drive
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, administratieve zetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren in België of buitenland bij enkel besluit…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 12. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, bij gebrek bepaling onbepaalde duur, hoofdelijk met rechtspersoon alsof eigen mandaat” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Thursday of June at 10:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Krachtens statuten, om welke reden,op welk ogenblik ook” (deed in Dutch)