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BEL-DRIVE

Active
Private limited companyfounded 20242 yrs activeKrijgslaan 27, 2610 Antwerpen, BelgiumKBO/BCE: BE 1010.423.462

The file of BEL-DRIVE contains 2 historical bankruptcy publications, as published in the Belgian State Gazette.

Summary

The computed 12-month bankruptcy probability is 4.3% (elevated). The 2024 annual accounts show equity of €3,251 and a net result of €1,251. Its solvency ranks better than 25% of 6720 sector peers (fiscal year 2024).

Checked score

Score 2024
Axes
Profitability66
Solvency38
Growth-
Track record52
Bankruptcy probability, 12 months
4.3% Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.45; short-term debt: 87.1% and cash: 39.6% of total assets), and 87.1% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
12.9%
Return on assets
5%
Age of the figures
21 mo
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-08-2025, 18 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2024
18 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 18 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (1)
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

BEL-DRIVE was incorporated on 17 June 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2 On 15 January 2026 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024
  3. 3Belgian State Gazette, 21-01-2026

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Financials · fiscal year 2024, micro schema

Turnover
€54,429
EBIT margin
2.4%
Net result
€1,251
Working capital
-€11,936

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €25,141
Fixed assets €15,187
Current assets €9,954
Equity and liabilities €25,141
Equity €3,251
Debt €21,890
Debt finances 87.1% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€3,764
Cash flow
€3,707
Current ratio
0.45
Debt to equity
6.73
ROE
38.5%
ROA
5.0%
Interest coverage
66.15
Debt ≤ 1 year
€21,890
Staff costs
€1,586

Peer companies

Historical observation

Of the 2,541 companies that looked in July 2024 the way this one looks now, 3.3% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
3.3% went bankrupt
1.1% stopped otherwise
95% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 4.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 2,541 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 · 2024 · 32 lines
Balance sheet Code2024
Assets
Total assets20/58€25,141
Fixed assets21/28€15,187
Intangible fixed assets21€3,479
Tangible fixed assets22/27€11,708
Furniture and vehicles24€11,708
Current assets29/58€9,954
Cash at bank and in hand54/58€9,954
Equity and liabilities
Total equity and liabilities10/49€25,141
Equity10/15€3,251
Contributions10/11€2,000
Profit (loss) carried forward14€1,251
Amounts payable17/49€21,890
Amounts payable within one year42/48€21,890
Trade debts44€1,057
Suppliers440/4€1,057
Taxes, remuneration and social security45€6,517
Taxes450/3€1,895
Remuneration and social security454/9€4,622
Other amounts payable47/48€14,316
Income statement Code2024
Turnover70€54,429
Goods, raw materials, services and sundry goods60/61€48,335
Remuneration, social security and pensions62€1,586
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,456
Other operating charges640/8€744
Gross operating margin9900€6,094
Operating profit (loss)9901€1,308
Financial charges65/66B€57
Recurring financial charges65€57
Profit (loss) for the period before taxes9903€1,251
Profit (loss) for the period9904€1,251
Profit (loss) for the period to be appropriated9905€1,251
Appropriation of the result
Profit (loss) to be appropriated9906€1,251

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Turnover70€54,429
Goods, raw materials, services and sundry goods60/61€48,335
Remuneration, social security and pensions62€1,586
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,456
Other operating charges640/8€744
Gross operating margin9900€6,094
Operating profit (loss)9901€1,308
Financial charges65/66B€57
Recurring financial charges65€57
Profit (loss) for the period before taxes9903€1,251
Profit (loss) for the period9904€1,251
Profit (loss) for the period to be appropriated9905€1,251
Line2024
Assets
Total assets20/58€25,141
Fixed assets21/28€15,187
Intangible fixed assets21€3,479
Tangible fixed assets22/27€11,708
Furniture and vehicles24€11,708
Current assets29/58€9,954
Cash at bank and in hand54/58€9,954
Equity and liabilities
Total equity and liabilities10/49€25,141
Equity10/15€3,251
Contributions10/11€2,000
Profit (loss) carried forward14€1,251
Amounts payable17/49€21,890
Amounts payable within one year42/48€21,890
Trade debts44€1,057
Suppliers440/4€1,057
Taxes, remuneration and social security45€6,517
Taxes450/3€1,895
Remuneration and social security454/9€4,622
Other amounts payable47/48€14,316
Line2024
Profit (loss) for the period9904€1,251
+ Depreciation and write-downs630€2,456
Operating cash flow (approximation)€3,707

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

2026
18-03
Bankruptcy Bankruptcy reversal
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 12-03-2026
21-01
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 15-01-2026
2025
18-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
SignalNBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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 2024
seat establishment The establishment unit on the map
Ground area
433 m²
Building footprint
433 m²
Volume, LiDAR
3,943 m³
Parcel 11051C0030/00K004, Flanders · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
BEL-DRIVE
Krijgslaan 27, 2610 AntwerpenNon-scheduled passenger transport by road
since 20242.360.580.320
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11051C0030/00K004 Flanders 433 m² 1 · 433 m² 11.3 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator NATHALIE TAEYMANS
CUYLITSSTRAAT 48, 2018 ANTWERPEN 1
15-01-2026 → 12-03-2026

Similar companies · same sector, comparable size

Of 6,683 companies in sector 49330 we hold annual accounts for 2,299. 1,445 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
Founded17-06-2024
Fiscal year end31-12
Activities, NACEBEL 2025
49330On-demand passenger transport by chauffeured vehicle
49310Scheduled passenger transport by road
53200Other postal and courier activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:1010423462
Registered 03-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.