DRIVE TO
ActiveThe computed 12-month bankruptcy probability of DRIVE TO is 2.0% (moderate). The 2025 annual accounts show negative equity (€-34k) and a net result of €-3k. Equity is shrinking by ~38.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 4472 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
0
/ 100
Critical▼ -26 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability42▲+34
Solvency33=
Growth32=
Stability100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2025Age of the figures
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€34k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 9 filingsDeviation from the deadline
2025
26 d late
2024
29 d late
2023
57 d late
2022
91 d late
2021
40 d late
2020
90 d late
2019
116 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-34k▼ 9.1%
2024 · €-31k
2018: €20k
2019: €24k
2020: €-540
2021: €-3k
2022: €-23k
2023: €-30k
2024: €-31k
2018 → 2025
Total assets
€3k▼ 57.3%
2024 · €7k
2018: €94k
2019: €88k
2020: €57k
2021: €36k
2022: €19k
2023: €7k
2024: €7k
2018 → 2025
Net result
€-3k▼ 441%
2024 · €-516
2018: €13k
2019: €4k
2020: €-24k
2021: €-3k
2022: €-20k
2023: €-8k
2024: €-516
2018 → 2025
Working capital
€-35k▼ 4.7%
2024 · €-33k
2018: €9k
2019: €11k
2020: €-17k
2021: €-15k
2022: €-28k
2023: €-32k
2024: €-33k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-3k-€-23k▼ 641%€-30k▼ 33.4%€-31k▼ 1.7%€-34k▼ 9.1%
Operating result€-1k-€-19k▼ 1,239%€-7k▲ 63.0%€-41▲ 99.4%€-3k▼ 6,043%
Net result€-3k-€-20k▼ 678%€-8k▲ 61.4%€-516▲ 93.2%€-3k▼ 441%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2025 against €41 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3k
Fixed assets
€1k▼ 54.2%
Current assets
€2k▼ 58.8%
Key figures and ratios
EBITDA
€-1k▼
2024 · €2k
Cash flow
€-2k▼
2024 · €1k
Interest coverage
-4.71▼
2024 · 3.96
Debt
€37k▼
2024 · €38k
Debt ≤ 1 year
€37k▼
2024 · €38k
Ratios withheld: a balance sheet total of €3k is too small for a meaningful ratio.
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€7k€3k▼
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Furniture and vehicles24€889-
Other tangible fixed assets26€535€295▼
Assets under construction and advance payments27€886€763▼
Current assets29/58€5k€2k▼
Amounts receivable within one year40/41€3k€2k▼
Trade receivables40€2k€540▼
Other amounts receivable41€1k€1k▲
Cash at bank and in hand54/58€1k€35▼
Equity and liabilities
Total equity and liabilities10/49€7k€3k▼
Equity10/15€-31k€-34k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-39k€-42k▼
Amounts payable17/49€38k€37k▼
Amounts payable within one year42/48€38k€37k▼
Trade debts44€4k€1k▼
Suppliers440/4€4k€1k▼
Taxes, remuneration and social security45€1k€1k▲
Taxes450/3€1k€1k▲
Other amounts payable47/48€33k€34k▲
Income statement
Code20242025
Remuneration, social security and pensions62€160-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€4k€674▼
Operating profit (loss)9901€-41€-3k▼
Financial charges65/66B€475€269▼
Recurring financial charges65€475€269▼
Profit (loss) for the period before taxes9903€-516€-3k▼
Profit (loss) for the period9904€-516€-3k▼
Profit (loss) for the period to be appropriated9905€-516€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-39k€-42k▼
Profit (loss) brought forward from the previous period14P€-38k€-39k▼
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
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 91 days late
2022
09-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 40 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
31-12
Financial
Weakest financial yearnet €-24k ▼777%
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
24-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 116 days late
2019
03-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 64 days late
2018
01-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 62 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Kapelle-op-den-Bos · 1 establishment unit since 2017
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.
Paddegatstraat 1171880 Kapelle-op-den-BosGround area
1,603 m²
Building footprint
403 m²
Volume, LiDAR
2,714 m³
2 parcels, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DRIVE TO
since 20172.263.994.153
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23050D0446/00E000 | Flanders | 1,214 m² | 1 · 246 m² | 10.8 m · 3 fl. |
| 23056A0191/00G000 | Flanders | 389 m² | 1 · 156 m² | 10.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
DELI BERCHEM
BE 0898.927.209
Antwerpen · Eq €24k
STECI
BE 0752.604.390
Niel · Eq €24k
BAKKERIJ JONAS
BE 0834.498.126
Gent · Eq €24k
LA GRAINE D’ATLAS
BE 0768.657.989
Schaarbeek · Eq €24k
MERAD
BE 0824.125.262
Gent · Eq €24k
Of 2,379 companies in sector 47241 we hold annual accounts for 1,084. 851 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded05-04-2017
Fiscal year end31-12
Activities, NACEBEL
47241Retail sale of bread and pastry (bakery outlets)
49310Scheduled passenger transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.