DRIVE US UP
A bankruptcy procedure is open for DRIVE US UP according to publications in the Belgian State Gazette. The 2022 annual accounts show negative equity (€-6k) and a net result of €4k.
| Equity | €-6k |
| Net result | €4k |
| Active | 6 yrs |
| Board | 1 |
Fragile profile — watch health in particular.
Bankruptcy opened
A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.
See plans →| Fiscal year | 2022 |
|---|---|
| Revenue | €149k |
| EBITDA | — |
| Net profit | €4k |
| Cash flow | — |
| Staff costs | — |
| Income taxes | — |
| Dividends | — |
| Total assets | €103k |
| Equity | €-6k |
| Debt | €109k |
| of which ≤ 1y | €109k |
| of which > 1y | — |
| Working capital | €-8k |
| Employees (FTE) | — |
| 2022 | |
|---|---|
| Current ratio | 0.93 |
| Quick ratio | 0.47 |
| Working capital ratio | -7.7% |
| Solvency | -5.9% |
| Debt / equity | -17.86 |
| Long-term debt ratio | — |
| Interest coverage | — |
| Gross margin | 2.4% |
| Net margin | 2.5% |
| ROA | 3.6% |
| ROE | -60.1% |
| EBITDA margin | — |
| Days sales outstanding | 114d |
| Days payable outstanding | 151d |
| Inventory turnover | 2.93 |
| Days inventory (DSI) | 124d |
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €103k |
| Fixed assets | 21/28 | €2k |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €101k |
| Stocks & contracts in progress | 3 | €50k |
| Amounts receivable within one year | 40/41 | €49k |
| Cash & bank | 54/58 | €3k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €103k |
| Equity | 10/15 | €-6k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €-9k |
| Amounts payable | 17/49 | €109k |
| Amounts payable within one year | 42/48 | €109k |
| Trade debts payable within one year | 44 | €60k |
| Income statement | ||
| Turnover | 70 | €149k |
| Gross operating margin | 9900 | €4k |
| Operating result | 9901 | €4k |
| Financial charges | 65 | €157 |
| Result before taxes | 9903 | €4k |
| Net result for the period | 9904 | €4k |
| Result to be appropriated | 9905 | €4k |
-
Current08-01-2020 → present
Former directors (1)
-
Former— → 08-01-2020
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | MICHIEL VERRAES EDMOND TOLLENAERE-
STRAAT 56-76, 1020 BRUSSEL 2 |
16-04-2026 → present | Belgian State Gazette |
| NACE primary | Land transport(49330) |
| Legal form | Private limited company(610) |
| Incorporation | 23-10-2019 |
| Status | Active |
| Postal code | 3290 |
| First BS signal | 22-04-2026 |
| Latest BS signal | 22-04-2026 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24020B0080/00Y000 | Flanders | 270 m² | 1 · 154 m² | 10.2 m · 2 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
04-02-2026 Registered office moved from Antwerpen to Diest
- VAN LUPPENSTRAAT 52 BUS 2) 2018 Antwerpen → Bevrijdingsstraat 12, 3290 Diest
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Bevrijdingsstraat 12, 3290 Diest",
"city": "Diest",
"region": "vlaams_gewest",
"street": "Bevrijdingsstraat",
"country": "BE",
"postcode": "3290",
"box_number": null,
"street_number": "12",
"locality_suffix": null
},
"old_address": {
"raw": "VAN LUPPENSTRAAT 52 BUS 2) 2018 Antwerpen",
"city": "Antwerpen",
"region": "vlaams_gewest",
"street": "VAN LUPPENSTRAAT",
"country": "BE",
"postcode": "2018",
"box_number": "2",
"street_number": "52",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": null,
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2026-02-04",
"filing_date": "2026-01-27",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2025-05-01",
"unanimous": null
},
"subject_company": {
"kbo": "0736.717.275",
"name_full": "DRIVE US UP",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "AL-MURSHEDI Jaafer",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": []
}04-02-2026 Registered office moved from Antwerpen to Diest
- VAN LUPPENSTRAAT 52, 2018 Antwerpen → Bevrijdingsstraat 12, 3290 Diest
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Diest",
"region": null,
"street": "Bevrijdingsstraat",
"country": "BE",
"postcode": "3290",
"box_number": null,
"street_number": "12"
},
"old_address": {
"city": "Antwerpen",
"region": null,
"street": "VAN LUPPENSTRAAT",
"country": "BE",
"postcode": "2018",
"box_number": "2",
"street_number": "52"
},
"effective_date": "2025-05-01",
"evidence_quote": "De buitengewone algemene vergadering accepteert de overdracht de maatschappelijke zetel naar het volgende adres: Bevrijdingsstraat 12, 3290 Diest."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0736.717.275",
"name_full": "DRIVE US UP",
"legal_form": "BV"
}
}26-03-2024 Registered office moved from Diest to ANTWERPEN
- Bevrijdingsstraat 12, 3290 Diest → VAN LUPPENSTRAAT 52, 2018 ANTWERPEN
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "ANTWERPEN",
"region": "Vlaams Gewest",
"street": "VAN LUPPENSTRAAT",
"country": "BE",
"postcode": "2018",
"box_number": "2",
"street_number": "52"
},
"old_address": {
"city": "Diest",
"region": "Vlaams Gewest",
"street": "Bevrijdingsstraat",
"country": "BE",
"postcode": "3290",
"box_number": null,
"street_number": "12"
},
"effective_date": "2024-02-14",
"evidence_quote": "OVERDRACHT VAN DE maatschappelijke zetel-- BUITENGEWONE ALGEMENE VERGADERINGEN VAN 14/02/2024 ... accepteert de overdracht de maatshappelijke zetel naar het volgende adres :VAN LUPPENSTRAAT 52 BUS 2 2018 ANTWERPEN"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0736.717.275",
"name_full": "DRIVE US UP",
"legal_form": "BV"
}
}08-01-2020 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "share_transfer",
"amount": 100,
"currency": "BEF",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"amount_type": "onbekend",
"effective_date": "2019-12-10",
"evidence_quote": "De buitengewone algemene vergadering van 10/12/2019 accepteert de overdracht 100 aandelen van de Mevrouw ABDULMOHSEN Nasser Alaa aan Heer AL MURSHEDI Jaafar, die dit aanvaardt.",
"contribution_type": null
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0736.717.275",
"name_full": "DRIVE US UP",
"legal_form": "BV"
}
}08-01-2020 1 director appointed, 1 resigning
- AL MURSHEDI Jaafar — Zaakvoerder
- ABDULMOHSEN Nasser Alaa — Zaakvoerder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "zaakvoerder",
"person": {
"rrn": null,
"name": "AL MURSHEDI Jaafar",
"address": null,
"birth_date": null
},
"evidence_quote": "De buitengewone algemene vergadering van 10/12/2019 accepteert de nominatie van de Heer AL: MURSHEDI Jaafar aan als nieuwe zaakvoerders, die dit aanvaardt."
},
{
"kind": "director_out",
"role": "zaakvoerder",
"person": {
"rrn": null,
"name": "ABDULMOHSEN Nasser Alaa",
"address": null,
"birth_date": null
},
"evidence_quote": "De buitengewone aigemene vergadering van 10/12/2019 accepteert het ontslag van de Mevrouw ABDULMOHSEN Nasser Alaa van zijn functie als zaakvoerder. De kwiting wordt hem gegeven voor zijn mandaat.",
"discharge_granted": true
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0736.717.275",
"name_full": "DRIVE US UP",
"legal_form": "BV"
}
}25-10-2019 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "3290 Diest, Bevrijdingsstraat 12",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": null,
"name": "ABDULMOHSEN NASSER Alaa",
"niss": null,
"address": "3290 Diest, Bevrijdingsstraat 12"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 3000,
"holder_person_name": "ABDULMOHSEN NASSER Alaa",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 3000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 3000,
"subject_company": {
"kbo": "0736.717.275",
"name_full": "DRIVE US UP",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2019-10-22",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | DRIVE US UP |