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WAREGEMSE RIJSCHOOL

Active
Private limited companyfounded 2006active for 20 yearsZuiderlaan 44, 8790 Waregem, BelgiumKBO/BCE: BE 0880.606.976
Summary

WAREGEMSE RIJSCHOOL has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €2.4m and a net result of €360,582. Equity has been growing by about 21% per year since 2019. Its solvency ranks better than 76% of 76 sector peers (NACE 85, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 10-04-2006 Normal situation
Activity
Driving schools for cars and motorcycles NACE 85531
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 31-03-2026
Establishment unit
2.153.007.644 8790 Waregem, since 19-04-2006
Financial year end
31 March
Peppol
Reachable since 14-11-2025

Board and ownership

Board

Financial position

96 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 31-03-2026
Gross margin
€1.2m
▲ 10.5%
Turnover
≈ €2.1m
estimated
Profit
€360,582
▲ 17.0%
Equity
€2.4m
▲ 18.0%
Total assets
€2.8m
▲ 17.8%
Employees on 31-03-2026
11
▼ 8.3%
Score breakdownlowers riskLiquidity: current ratio 5.38, cash €389,185Equity €2.4m (83.6% of total assets)Figures for financial year 2026 (filed on 29-09-2026)Founded in 2006Show the evidence

Checked score

Score 2026
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 69% of micro companies in education (NACE 85)
Financial strength · tick: 2025
Strong
Solvency 100=
equity 83.6% of total assets
Liquidity 63+3
short-term debt 16.4% · cash 13.8%
Profitability 85=
return on assets 12.7%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (3,822 companies, NACE 85, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025lowest value 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €220,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.38 (5.1 in 2025), above the usual 1.5. Short-term debt is 16.4% and cash 13.8% of total assets. 16.4% 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 88% of them on solvency, 52% on liquidity, 67% on profitability and 69% on growth.

The bankruptcy probability was computed on 03-11-2026 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 riskneutral
lowers risk · Liquidity: current ratio 5.38, cash €389,185
NBB · annual accounts
lowers risk · Equity €2.4m (83.6% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2026 (filed on 29-09-2026)
NBB · annual accounts
lowers risk · Founded in 2006
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 29-09-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
32 days early
2025
17 days early
2024
28 days early
2023
20 days early
2022
5 days early
2021
34 days early
2020
10 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 18 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 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 11 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 95% of companies in educationsector median €7,069 · 76 companies €360,582 View
  • Positive: 8 profitable years in a rowprofit 2026: €360,582 8 years View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 6 years View

Recent changes

  1. · Gazette deed Appointments: DEVOLDERE Erik (director) and DEVOLDERE Sander Seike Rutger (opvolgend niet statutair bestuurder)
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as WAREGEMSE RIJSCHOOL: driving schools for cars and motorcycles (NACE 85531). They are comparable in size and age: total assets between €1.1m and €3.2m, founded between 1988 and 2016.

CompanyTotal assetsGross margin
WAREGEMSE RIJSCHOOL Waregem€2.8m€1.2m
EDCO Genk€1.5m€1.3m
DRIVELICIOUS Leuven€3.2m€1.3m
AUTO - ECOLE PRO-PERMIS Mont-Saint-Guibert€1.6m€1.0m
A.H. Gent€1.7m€1.2m
FURY Geel€1.5m€0.9m
ADAM Brussel€1.1m€1.1m
Full comparison

Key facts about WAREGEMSE RIJSCHOOL

What is the company number of WAREGEMSE RIJSCHOOL?
The company number of WAREGEMSE RIJSCHOOL is 0880.606.976. The VAT number is the same number with BE in front: BE 0880.606.976.
Where is WAREGEMSE RIJSCHOOL based?
The registered office is at Zuiderlaan 44, 8790 Waregem.Company details
What does WAREGEMSE RIJSCHOOL do?
According to the KBO register, the main activity is driving schools for cars and motorcycles (NACE 85531).
What is the legal form of WAREGEMSE RIJSCHOOL?
The legal form of WAREGEMSE RIJSCHOOL is Private limited company (BV).
When was WAREGEMSE RIJSCHOOL founded?
WAREGEMSE RIJSCHOOL was founded on 10-04-2006.
Is WAREGEMSE RIJSCHOOL still active?
Yes, WAREGEMSE RIJSCHOOL is an active enterprise in the KBO register.
How many employees does WAREGEMSE RIJSCHOOL have?
WAREGEMSE RIJSCHOOL had an average of 9.6 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
Which joint committee does WAREGEMSE RIJSCHOOL fall under?
In its 31-03-2026 annual accounts, WAREGEMSE RIJSCHOOL states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of WAREGEMSE RIJSCHOOL?
The turnover in financial year 2026 is ≈ €2.1m. This figure is estimated from the gross margin of €1.2m and 1,584 comparable companies of the same size. It probably lies between €1.4m and €3.5m. It is a rough estimate.
Is WAREGEMSE RIJSCHOOL profitable?
In financial year 2026, WAREGEMSE RIJSCHOOL made a profit of €360,582.
Where can I find the annual accounts of WAREGEMSE RIJSCHOOL?
WAREGEMSE RIJSCHOOL filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of WAREGEMSE RIJSCHOOL due?
WAREGEMSE RIJSCHOOL must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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