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2driveU

Active
Private limited companyfounded 200422 yrs activeVaartdijk-Zuid 13, 8460 Oudenburg, BelgiumKBO/BCE: BE 0865.954.731
Summary

2driveU has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €448,610 and a net result of €144,020. Equity is growing by ~34% per year across the filed fiscal years. Its solvency ranks better than 73% of 701 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability91▲+19
Solvency80▲+16
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity tight (current ratio 1.14 against 0.53 in 2024; short-term debt: 18.3% and cash: 1.9% of total assets), and 44.8% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 22 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
55.2%
Return on assets
17.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Accommodation (NACE 55)
about 6% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
53 d early
2024
16 d early
2023
13 d late
2022
28 d late
2021
3 d early
2020
61 d late
2019
54 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 12 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 45% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 28 July (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
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 24 June 2004, 2driveU was incorporated.1 Total assets went from EUR 803,644 in 2018 to EUR 812,676 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€448,610▲ 47.3%
2024 · €304,590
Total assets
€812,676▲ 2.8%
2024 · €790,635
Net result
€144,020▲ 571%
2024 · €21,473
Working capital
€21,135
2024 · -€106,096
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 55, Accommodation, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€43,827▼ 31.2%€187,924▲ 329%€73,871▼ 60.7%€51,823▼ 29.8%€226,320▲ 337%
Net result€26,954within the sector's middle half▼ 43.9%€120,579within the sector's middle half▲ 347%€37,749within the sector's middle half▼ 68.7%€21,473within the sector's middle half▼ 43.1%€144,020above the sector's middle half▲ 571%
Equity€124,789within the sector's middle half▲ 25.5%€245,368within the sector's middle half▲ 96.6%€283,117within the sector's middle half▲ 15.4%€304,590within the sector's middle half▲ 7.6%€448,610within the sector's middle half▲ 47.3%
Total assets€656,419within the sector's middle half▼ 13.7%€761,800within the sector's middle half▲ 16.1%€781,673within the sector's middle half▲ 2.6%€790,635within the sector's middle half▲ 1.1%€812,676within the sector's middle half▲ 2.8%
Debt€531,631▼ 19.6%€516,432▼ 2.9%€498,556▼ 3.5%€486,046▼ 2.5%€364,066▼ 25.1%
Working capital-€87,355within the sector's middle half▲ 25.9%-€37,747within the sector's middle half▲ 56.8%-€113,301within the sector's middle half▼ 200%-€106,096within the sector's middle half▲ 6.4%€21,135within the sector's middle half
Solvency19.0%within the sector's middle half▲ 5.9pp32.2%within the sector's middle half▲ 13.2pp36.2%within the sector's middle half▲ 4.0pp38.5%within the sector's middle half▲ 2.3pp55.2%within the sector's middle half▲ 16.7pp
Current ratio0.41within the sector's middle half▼ 0.100.78within the sector's middle half▲ 0.370.42within the sector's middle half▼ 0.360.53within the sector's middle half▲ 0.111.14within the sector's middle half▲ 0.62
Return on assets (ROA)4.1%within the sector's middle half▼ 2.2pp15.8%above the sector's middle half▲ 11.7pp4.8%within the sector's middle half▼ 11.0pp2.7%within the sector's middle half▼ 2.1pp17.7%above the sector's middle half▲ 15.0pp
Staff (FTE)0.4below the sector's middle half0.5below the sector's middle half▲ 25.0%0below the sector's middle half▼ 100%
above within below the middle half (P25 to P75) of NACE 55, Accommodation, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100,000€200,000Operating result 2021: €43,827€43,827Net result 2021: €26,954€26,954Operating result 2022: €187,924€187,924Net result 2022: €120,579€120,579Operating result 2023: €73,871€73,871Net result 2023: €37,749€37,749Operating result 2024: €51,823€51,823Net result 2024: €21,473€21,473Operating result 2025: €226,320€226,320Net result 2025: €144,020€144,02020212022202320242025€0€100,000€200,000Operating result 2023: €73,871€73,900Net result 2023: €37,749€37,700Operating result 2024: €51,823€51,800Net result 2024: €21,473€21,500Operating result 2025: €226,320€226,000Net result 2025: €144,020€144,000202320242025
The operating result recovers in 2025; 2025 is 337% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €812,676
Fixed assets €642,885 ▼ 4.5%
Current assets €169,791 ▲ 44.4%
Equity and liabilities €812,676
Equity €448,610 ▲ 47.3%
Debt €364,066 ▼ 25.1%
Debt's share of the balance-sheet total falls from 61.5% to 44.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€369,469▲
2024 · €173,077
Cash flow
€287,169▲
2024 · €142,726
Debt to equity
0.81▼
2024 · 1.60
ROE
32.1%▲
2024 · 7.0%
Interest coverage
24.15▲
2024 · 9.02
Debt ≤ 1 year
€148,656▼
2024 · €223,654
Debt > 1 year
€215,410▼
2024 · €262,392
Income taxes
€71,198▲
2024 · €13,639
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
4.7% stopped otherwise
95% still going

For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,338 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 20,134 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 against 2024 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€790,635€812,676▲
Fixed assets21/28€673,078€642,885▼
Tangible fixed assets22/27€672,078€641,885▼
Land and buildings22€289,353€265,167▼
Plant, machinery and equipment23€382,726€355,818▼
Furniture and vehicles24-€6,492
Other tangible fixed assets26-€12,500
Assets under construction and advance payments27-€1,908
Financial fixed assets28€1,000€1,000=
Current assets29/58€117,557€169,791▲
Amounts receivable after more than one year29€22,340€19,084▼
Other amounts receivable291€22,340€19,084▼
Amounts receivable within one year40/41€88,519€127,346▲
Trade receivables40€26,247€52,756▲
Other amounts receivable41€62,271€74,590▲
Cash at bank and in hand54/58€2,051€15,512▲
Deferred charges and accrued income490/1€4,648€7,849▲
Equity and liabilities
Total equity and liabilities10/49€790,635€812,676▲
Equity10/15€304,590€448,610▲
Contributions10/11€12,500€12,500=
Reserves13€292,090€436,110▲
Distributable reserves133€292,090€436,110▲
Amounts payable17/49€486,046€364,066▼
Amounts payable after more than one year17€262,392€215,410▼
Financial debts170/4€262,392€215,410▼
Amounts payable within one year42/48€223,654€148,656▼
Current portion of amounts payable after more than one year42€44,033€37,244▼
Financial debts43€38,860€0▼
Credit institutions430/8€38,860€0▼
Trade debts44€76,225€41,319▼
Suppliers440/4€76,225€41,319▼
Advances received on contracts in progress46€25,515€0▼
Taxes, remuneration and social security45€38,855€69,929▲
Taxes450/3€38,855€69,929▲
Other amounts payable47/48€165€165=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€121,253€143,149▲
Other operating charges640/8€7,587€6,977▼
Gross operating margin9900€180,663€376,446▲
Operating profit (loss)9901€51,823€226,320▲
Financial income75/76B€2,474€4,194▲
Recurring financial income75€2,474€4,194▲
Financial charges65/66B€19,186€15,296▼
Recurring financial charges65€19,186€15,296▼
Profit (loss) for the period before taxes9903€35,112€215,218▲
Income taxes67/77€13,639€71,198▲
Profit (loss) for the period9904€21,473€144,020▲
Profit (loss) for the period to be appropriated9905€21,473€144,020▲
Appropriation of the result
Profit (loss) to be appropriated9906€21,473€144,020▲
Transfer to equity691/2€21,473€144,020▲
To other reserves6921€21,473€144,020▲

The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€4,398€5,386€0---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€81,075€88,960€104,490€121,253€143,149▲ 18.1%
Other operating charges640/8€5,175€10,371€7,826€7,587€6,977▼ 8.0%
Non-recurring operating charges66A-€573€0---
Gross operating margin9900€134,475€293,215€186,188€180,663€376,446▲ 108%
Operating profit (loss)9901€43,827€187,924€73,871€51,823€226,320▲ 337%
Financial income75/76B€975€1,929€1,082€2,474€4,194▲ 69.5%
Recurring financial income75€975€1,929€1,082€2,474€4,194▲ 69.5%
Financial charges65/66B€12,445€13,266€15,540€19,186€15,296▼ 20.3%
Recurring financial charges65€12,445€13,266€15,540€19,186€15,296▼ 20.3%
Profit (loss) for the period before taxes9903€32,356€176,587€59,413€35,112€215,218▲ 513%
Income taxes67/77€5,402€56,008€21,664€13,639€71,198▲ 422%
Profit (loss) for the period9904€26,954€120,579€37,749€21,473€144,020▲ 571%
Profit (loss) for the period to be appropriated9905€26,954€120,579€37,749€21,473€144,020▲ 571%
Line20212022202320242025Change
Assets
Total assets20/58€656,419€761,800€781,673€790,635€812,676▲ 2.8%
Fixed assets21/28€596,411€627,252€700,257€673,078€642,885▼ 4.5%
Tangible fixed assets22/27€596,411€627,252€699,257€672,078€641,885▼ 4.5%
Land and buildings22€253,446€263,181€313,538€289,353€265,167▼ 8.4%
Plant, machinery and equipment23€341,152€364,071€385,719€382,726€355,818▼ 7.0%
Furniture and vehicles24€1,813€0--€6,492-
Other tangible fixed assets26----€12,500-
Assets under construction and advance payments27----€1,908-
Financial fixed assets28--€1,000€1,000€1,000=
Current assets29/58€60,008€134,548€81,416€117,557€169,791▲ 44.4%
Amounts receivable after more than one year29€31,712€29,254€26,126€22,340€19,084▼ 14.6%
Other amounts receivable291€31,712€29,254€26,126€22,340€19,084▼ 14.6%
Amounts receivable within one year40/41€19,709€101,271€49,181€88,519€127,346▲ 43.9%
Trade receivables40€10,437€99,653€47,092€26,247€52,756▲ 101%
Other amounts receivable41€9,272€1,619€2,089€62,271€74,590▲ 19.8%
Cash at bank and in hand54/58€5,752€931€31€2,051€15,512▲ 656%
Deferred charges and accrued income490/1€2,835€3,091€6,078€4,648€7,849▲ 68.9%
Equity and liabilities
Total equity and liabilities10/49€656,419€761,800€781,673€790,635€812,676▲ 2.8%
Equity10/15€124,789€245,368€283,117€304,590€448,610▲ 47.3%
Contributions10/11€12,500€12,500€12,500€12,500€12,500=
Reserves13€112,289€232,868€270,617€292,090€436,110▲ 49.3%
Non-distributable reserves130/1€1,860€1,860€0---
Reserves not available under the articles1311€1,860€1,860€0---
Distributable reserves133€110,429€231,008€270,617€292,090€436,110▲ 49.3%
Profit (loss) carried forward14€0€0----
Amounts payable17/49€531,631€516,432€498,556€486,046€364,066▼ 25.1%
Amounts payable after more than one year17€383,337€344,137€303,839€262,392€215,410▼ 17.9%
Financial debts170/4€383,337€344,137€303,839€262,392€215,410▼ 17.9%
Amounts payable within one year42/48€147,363€172,294€194,717€223,654€148,656▼ 33.5%
Current portion of amounts payable after more than one year42€40,093€41,124€43,151€44,033€37,244▼ 15.4%
Financial debts43-€36,780€37,174€38,860€0▼ 100%
Credit institutions430/8-€36,780€37,174€38,860€0▼ 100%
Trade debts44€25,551€20,227€36,345€76,225€41,319▼ 45.8%
Suppliers440/4€25,551€20,227€36,345€76,225€41,319▼ 45.8%
Advances received on contracts in progress46€200€275€0€25,515€0▼ 100%
Taxes, remuneration and social security45€17,614€52,576€59,267€38,855€69,929▲ 80.0%
Taxes450/3€17,614€52,576€59,267€38,855€69,929▲ 80.0%
Other amounts payable47/48€63,905€21,312€18,780€165€165=
Accrued charges and deferred income492/3€931€0----
Line20212022202320242025Change
Profit (loss) for the period9904€26,954€120,579€37,749€21,473€144,020▲ 571%
+ Depreciation and write-downs630€81,075€88,960€104,490€121,253€143,149▲ 18.1%
Operating cash flow (approximation)€108,030€209,539€142,239€142,726€287,169▲ 101%
Investment in fixed assets (approximation)--€119,801-€177,495-€94,074-€112,956▼ 20.1%
Change in cash--€4,821-€900€2,020€13,461▲ 567%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
22-07
State Gazette act General meeting · Director resignation
Director discharge · Director appointment
08-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Highest result since 2018net €144,020 ▲571%
Operating result €226,320, net result €144,020, both a record.
31-12
Financial Liquidity doublescurrent ratio 1.14
Current ratio from 0.53 to 1.14; short-term debt falls from €223,654 to €148,656.
15-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
13-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 13 days late
2023
28-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
31-12
Financial Equity above €200,000Eq €245,368 ▲96.6%
3 profitable years in a row build equity to €245,368.
28-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Equity above €100,000Eq €124,789 ▲25.5%
2 profitable years in a row build equity to €124,789.
30-09
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 61 days late
2020
31-12
Financial Back to profitnet €48,087
Net result €48,087 after 2 loss-making years.
Show earlier events
23-09
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 54 days late
2019
20-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
4 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, Oudenburg · 1 establishment unit since 2004
seat establishment The establishment unit on the map
Ground area
4,964 m²
Building footprint
204 m²
Volume, LiDAR
723 m³
Parcel 35014B0181/00C000, Flanders · tallest building 4.6 m, ±1 floor. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
2driveU
Vaartdijk-Zuid 13, 8460 OudenburgNACE 7414101
since 20042.137.768.548
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35014B0181/00C000indicative Flanders 4,964 m² 1 · 204 m² 4.5 m · 1 fl.
Linked by address, not proof of ownership
Good to know
0 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 · 9,546 EUR awarded · 9,546 EUR paid
Year Entries awardedpaid
2025 1 7,546 EUR7,546 EUR
2024 1 2,000 EUR2,000 EUR
Schemes
1 entry · 7,546 EUR · 7,546 EUR paid · Toerisme Vlaanderen
1 entry · 2,000 EUR · 2,000 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site
Oudenburg2.137.768.548
1 permission
Kamer met ontbijt · since 24-08-2018

Similar companies · same sector, comparable size

Of 2,393 companies in sector 55100 we hold annual accounts for 1,517. 1,091 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
Founded24-06-2004
Fiscal year end31-12
Activities, NACEBEL 2025
55100Hotels and similar accommodation
55204Guest rooms (bed and breakfast)
55209Other holiday and short-stay accommodation
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0865954731
Also 9925:BE0865954731
Registered 16-12-2025

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.