DRIVE CORNER
Dissolution or liquidationSummary
The KBO register records for DRIVE CORNER the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show equity of €36k and a net result of €1k.
Signals
1 signal.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€36k▲ 114%
2022 · €17k
2022: €17k
2022 → 2024
Total assets
€44k▼ 89.1%
2022 · €402k
2022: €402k
2022 → 2024
Net result
€1k▼ 92.0%
2022 · €16k
2022: €16k
2022 → 2024
Working capital
€24k▲ 42.1%
2022 · €17k
2022: €17k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222024Trend
Equity€17k-€36k▲ 114%
Operating result€20k-€2k▼ 90.3%
Net result€16k-€1k▼ 92.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €2k in 2024, compared with €20k in 2022. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2024 in colour, 2022 as the grey bar beneath
Assets €44k
Fixed assets
€12k
Current assets
€32k
Equity and liabilities €44k
Equity
€36k ▲ 114%
Debt
€8k ▼ 97.9%
Debt's share of the balance-sheet total falls from 95.8% to 18.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€3k
Cash flow
€3k
Current ratio
3.93▲
2022 · 1.04
Debt to equity
0.23▼
2022 · 23.06
ROE
3.5%▼
2022 · 94.0%
ROA
2.9%▼
2022 · 3.9%
Interest coverage
13.22
Debt ≤ 1 year
€8k▼
2022 · €386k
Income taxes
€450▼
2022 · €4k
Staff costs
€19k▼
2022 · €44k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2022 · 33 lines
Balance sheet
Code20222024
Assets
Total assets20/58€402k€44k▼
Fixed assets21/28-€12k
Intangible fixed assets21-€12k
Current assets29/58€402k€32k▼
Amounts receivable within one year40/41€95k€20k▼
Trade receivables40€95k€20k▼
Cash at bank and in hand54/58€307k€12k▼
Equity and liabilities
Total equity and liabilities10/49€402k€44k▼
Equity10/15€17k€36k▲
Contributions10/11€1k€1k=
Profit (loss) carried forward14€16k€35k▲
Amounts payable17/49€386k€8k▼
Amounts payable within one year42/48€386k€8k▼
Trade debts44€214k€1k▼
Suppliers440/4€214k€1k▼
Taxes, remuneration and social security45€22k€5k▼
Taxes450/3€14k€5k▼
Remuneration and social security454/9€8k€88▼
Other amounts payable47/48€150k€2k▼
Income statement
Code20222024
Goods, raw materials, services and sundry goods60/61€720k€475k▼
Remuneration, social security and pensions62€44k€19k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2k
Other operating charges640/8€5k€455▼
Gross operating margin9900€69k€23k▼
Operating profit (loss)9901€20k€2k▼
Financial charges65/66B€638€262▼
Recurring financial charges65€638€262▼
Profit (loss) for the period before taxes9903€20k€2k▼
Income taxes67/77€4k€450▼
Profit (loss) for the period9904€16k€1k▼
Profit (loss) for the period to be appropriated9905€16k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€16k€35k▲
Profit (loss) brought forward from the previous period14P-€34k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
05-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 217 days late
2024
31-12
Financial
Liquidity quadruplescurrent ratio 3.93
Current ratio from 1.04 to 3.93; short-term debt falls from €386k to €8k.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
Financial milestoneNBB 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.
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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, Elsene · 1 establishment unit since 2021
Ground area
700 m²
Building footprint
700 m²
Volume, LiDAR
16,134 m³
Parcel 21807G0120/00L005, Brussels · tallest building 32.2 m, ±9 floors. Linked by address, not a title deed.
176
companies at this address
See who is registered here
1 establishment unit
Louizalaan 209/A, 1050 Elsene
since 20212.332.951.057
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0120/00L005 | Brussels | 700 m² | 1 · 700 m² | 32.2 m · 9 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.
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Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-11-2021
Fiscal year end31-12
Activities, NACEBEL 2025
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47820Retail sale of motor vehicle parts and accessories
46720Wholesale of motor vehicle parts and accessories
52210Service activities incidental to land transportation
95314Bodywork repair (including spraying and painting)
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.