Drive Safe

Active

Private limited companyfounded 20233 yrs activePopulierenlaan 3, 2020 Antwerpen, BelgiumKBO/BCE: BE 0797.089.481

Drive Safe has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €24k and a net result of €12k. Its solvency ranks better than 69% of 2541 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

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Checked score

Score 2024

93 / 100

Excellent= vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100=

Solvency100▲+7

Growth52

Stability94

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €2k at 30 days acceptable

Liquidity ample (current ratio 3.02 against 1.86 in 2023), and 32.1% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 85

Relative position

BE, all sectors

reference

Sector 85

lower

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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

67.9%

Return on assets

32.7%

Age of the figures

20 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-07-2025, 9 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

not confirmed

2024

9 d early

2023

22 d early

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Equity

€24k▲ 92.8%

2023 · €12k

2023: €12k

2023 → 2024

Total assets

€35k▲ 44.5%

2023 · €24k

2023: €24k

2023 → 2024

Net result

€12k▼ 46.2%

2023 · €21k

2023: €21k

2023 → 2024

Working capital

€23k▲ 122%

2023 · €10k

2023: €10k

2023 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Equity€12k-€24k▲ 92.8%

Operating result€28k-€18k▼ 35.0%

Net result€21k-€12k▼ 46.2%

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

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 35% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €35k

96.8%

Fixed assets €1k▼ 47.2%

Current assets €34k▲ 53.2%

Equity and liabilities €35k

67.9%

32.1%

Equity €24k▲ 92.8%

Debt €11k▼ 5.6%

The debt ratio falls from 49.1% to 32.1%: equity grows while debt is paid down.

Key figures and ratios

2024 value · change against 2023

EBITDA

€19k▼

2023 · €28k

Cash flow

€13k▼

2023 · €22k

Solvency

67.9%▲

2023 · 50.9%

Current ratio

3.02▲

2023 · 1.86

Quick ratio

3.02▲

2023 · 1.86

Debt / equity

0.47▼

2023 · 0.97

ROE

48.1%▼

2023 · 172.6%

ROA

32.7%▼

2023 · 87.8%

Interest coverage

87.86▼

2023 · 408.22

Debt

€11k▼

2023 · €12k

Debt ≤ 1 year

€11k▼

2023 · €12k

Income taxes

€6k▲

2023 · €6k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€24k€35k▲

Fixed assets21/28€2k€1k▼

Tangible fixed assets22/27€2k€1k▼

Plant, machinery and equipment23€2k€1k▼

Current assets29/58€22k€34k▲

Amounts receivable within one year40/41€9k€14k▲

Trade receivables40€9k€4k▼

Other amounts receivable41-€9k

Current investments50/53€9k€9k=

Cash at bank and in hand54/58€3k€11k▲

Deferred charges and accrued income490/1€1k€714▼

Equity and liabilities

Total equity and liabilities10/49€24k€35k▲

Equity10/15€12k€24k▲

Contributions10/11€1k€1k=

Reserves13€11k€23k▲

Distributable reserves133€11k€23k▲

Profit (loss) carried forward14€0€0=

Amounts payable17/49€12k€11k▼

Amounts payable within one year42/48€12k€11k▼

Trade debts44€2k€983▼

Suppliers440/4€2k€983▼

Taxes, remuneration and social security45€5k€10k▲

Taxes450/3€5k€10k▲

Other amounts payable47/48€5k€0▼

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€887€1k▲

Other operating charges640/8€157€1k▲

Gross operating margin9900€29k€20k▼

Operating profit (loss)9901€28k€18k▼

Financial income75/76B-€0

Recurring financial income75-€0

Financial charges65/66B€70€216▲

Recurring financial charges65€70€216▲

Profit (loss) for the period before taxes9903€28k€18k▼

Income taxes67/77€6k€6k▲

Profit (loss) for the period9904€21k€12k▼

Profit (loss) for the period to be appropriated9905€21k€12k▼

Appropriation of the result

Profit (loss) to be appropriated9906€21k€12k▼

Transfer to equity691/2€11k€12k▲

To the legal reserve6920€11k€12k▲

Profit to be distributed694/7€10k€0▼

Return on contributions (dividend)694€10k€0▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 2Filings 2

2025

22-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

09-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

NBB filing

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 2023

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Populierenlaan 32020 Antwerpen

Ground area

701 m²

Building footprint

239 m²

Volume, LiDAR

6,493 m³

Parcel 11809I2311/00P002, Flanders · tallest building 29.3 m, ±9 floors. Linked by address, not a title deed.

1 establishment unit

Drive Safe

Populierenlaan 3, 2020 AntwerpenOther business support services

since 20232.339.996.029

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11809I2311/00P002	Flanders	701 m²	1 · 239 m²	29.3 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.

Similar companies · same sector, comparable size

AUTO-ECOLE DU BEFFROI

Wezembeek-Oppem · Eq €24k

JS Training & Solutions

BE 1017.506.343

Bilzen-Hoeselt · Eq €24k

Of 1,034 companies in sector 85531 we hold annual accounts for 345. 260 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded12-01-2023

Fiscal year end31-12

Activities, NACEBEL

85531Driving schools for cars and motorcycles

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.