DRIVE SOLUTIONS
ActiveSummary
The computed 12-month bankruptcy probability of DRIVE SOLUTIONS is 6.3% (elevated). The 2025 annual accounts show negative equity (-€20,512) and a net result of -€6,126. Equity is shrinking by ~59.6% per year across the filed fiscal years. Its solvency ranks better than 5% of 4695 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 3 accounts on average 25 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 (2)
History
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Financials · fiscal year 2025, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 7,657 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 6.3% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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 7,657 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.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €319 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,700 | €18,791 | €3,294 | ▼ 82.5% |
| Other operating charges640/8 | €1,315 | €63 | €159 | ▲ 152% |
| Gross operating margin9900 | €860 | €3,968 | -€206 | ▼ 105% |
| Operating profit (loss)9901 | -€3,474 | -€14,886 | -€3,659 | ▲ 75.4% |
| Financial charges65/66B | €83 | €102 | €2,467 | ▲ 2,308% |
| Recurring financial charges65 | €83 | €102 | €2,467 | ▲ 2,308% |
| Profit (loss) for the period before taxes9903 | -€3,558 | -€14,988 | -€6,126 | ▲ 59.1% |
| Profit (loss) for the period9904 | -€3,558 | -€14,988 | -€6,126 | ▲ 59.1% |
| Profit (loss) for the period to be appropriated9905 | -€3,558 | -€14,988 | -€6,126 | ▲ 59.1% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €20,274 | €906 | €20,184 | ▲ 2,128% |
| Formation expenses20 | €904 | - | - | - |
| Fixed assets21/28 | €15,186 | - | €18,568 | - |
| Tangible fixed assets22/27 | €15,186 | - | €18,568 | - |
| Furniture and vehicles24 | €15,186 | - | €18,568 | - |
| Current assets29/58 | €4,183 | €906 | €1,616 | ▲ 78.4% |
| Amounts receivable within one year40/41 | €3,463 | - | - | - |
| Trade receivables40 | €631 | - | - | - |
| Other amounts receivable41 | €2,832 | - | - | - |
| Cash at bank and in hand54/58 | €720 | €906 | €1,616 | ▲ 78.4% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €20,274 | €906 | €20,184 | ▲ 2,128% |
| Equity10/15 | -€3,358 | -€14,385 | -€20,512 | ▼ 42.6% |
| Contributions10/11 | €200 | - | - | - |
| Profit (loss) carried forward14 | -€3,558 | -€14,385 | -€20,512 | ▼ 42.6% |
| Amounts payable17/49 | €23,631 | €15,291 | €40,696 | ▲ 166% |
| Amounts payable after more than one year17 | €19,079 | - | €17,957 | - |
| Financial debts170/4 | - | - | €17,957 | - |
| Other amounts payable178/9 | €19,079 | - | - | - |
| Amounts payable within one year42/48 | €4,552 | €15,291 | €22,739 | ▲ 48.7% |
| Current portion of amounts payable after more than one year42 | - | - | €4,282 | - |
| Trade debts44 | €3,760 | €2,070 | €1,257 | ▼ 39.3% |
| Suppliers440/4 | €3,760 | €2,070 | €1,257 | ▼ 39.3% |
| Advances received on contracts in progress46 | - | - | €33 | - |
| Taxes, remuneration and social security45 | €792 | €20 | €2,181 | ▲ 11,005% |
| Taxes450/3 | €792 | €20 | €2,181 | ▲ 11,005% |
| Other amounts payable47/48 | - | €13,202 | €14,986 | ▲ 13.5% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,558 | -€14,988 | -€6,126 | ▲ 59.1% |
| + Depreciation and write-downs630 | €2,700 | €18,791 | €3,294 | ▼ 82.5% |
| Operating cash flow (approximation) | -€857 | €3,803 | -€2,832 | ▼ 174% |
| Change in cash | - | €186 | €710 | ▲ 281% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23060B0399/00E000 | Flanders | 284 m² | 1 · 283 m² | 11.2 m · 3 fl. |
Linked by address, not proof of ownership
Similar companies · same sector and region
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.