Driven By Passion
ActiveDriven By Passion has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €182k and a net result of €-9k. Equity is growing by ~27.2% per year across the filed fiscal years. Its solvency ranks better than 51% of 16932 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-96
Solvency85=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.4 against 1.35 in 2024), and 38.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-04-2026, 92 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
92 d early
2024
106 d early
2023
13 d early
2022
12 d early
2021
81 d late
2020
1 d early
2019
84 d early
← 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
€182k▼ 4.7%
2024 · €191k
2018: €47k
2019: €35k
2020: €53k
2021: €98k
2022: €143k
2023: €154k
2024: €191k
2018 → 2025
Total assets
€297k▼ 1.7%
2024 · €302k
2018: €213k
2019: €187k
2020: €214k
2021: €267k
2022: €222k
2023: €285k
2024: €302k
2018 → 2025
Net result
€-9k
2024 · €37k
2018: €26k
2019: €-12k
2020: €18k
2021: €45k
2022: €45k
2023: €11k
2024: €37k
2018 → 2025
Working capital
€44k▲ 14.9%
2024 · €39k
2018: €21k
2019: €10k
2020: €11k
2021: €40k
2022: €80k
2023: €26k
2024: €39k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€98k-€143k▲ 45.6%€154k▲ 7.9%€191k▲ 23.7%€182k▼ 4.7%
Operating result€76k-€85k▲ 11.5%€34k▼ 59.5%€65k▲ 91.3%€-3k
Net result€45k-€45k▼ 1.0%€11k▼ 74.8%€37k▲ 225%€-9k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €3k after €65k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €297k
Fixed assets
€140k▼ 7.7%
Current assets
€157k▲ 4.5%
Equity and liabilities €297k
Equity
€182k▼ 4.7%
Debt
€116k▲ 3.4%
The debt ratio rises from 36.9% to 38.9%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€5k▼
2024 · €75k
Cash flow
€-494▼
2024 · €46k
Solvency
61.1%▼
2024 · 63.1%
Current ratio
1.40▲
2024 · 1.35
Quick ratio
1.11▼
2024 · 1.35
Debt / equity
0.64▲
2024 · 0.59
ROE
-4.9%▼
2024 · 19.2%
ROA
-3.0%▼
2024 · 12.1%
Interest coverage
0.68▼
2024 · 12.30
Debt
€116k▲
2024 · €112k
Debt ≤ 1 year
€113k▲
2024 · €112k
Income taxes
€8k▼
2024 · €26k
Staff costs
€4k▼
2024 · €18k
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€302k€297k▼
Fixed assets21/28€152k€140k▼
Tangible fixed assets22/27€145k€133k▼
Land and buildings22€29k€25k▼
Plant, machinery and equipment23€365€0▼
Furniture and vehicles24€11k€8k▼
Other tangible fixed assets26€104k€100k▼
Financial fixed assets28€7k€7k=
Current assets29/58€150k€157k▲
Stocks and contracts in progress3-€32k
Stocks30/36-€32k
Amounts receivable within one year40/41€139k€113k▼
Trade receivables40€75k€53k▼
Other amounts receivable41€63k€60k▼
Cash at bank and in hand54/58€9k€10k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€302k€297k▼
Equity10/15€191k€182k▼
Contributions10/11€12k€12k=
Reserves13€178k€169k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€176k€168k▼
Amounts payable17/49€112k€116k▲
Amounts payable within one year42/48€112k€113k▲
Current portion of amounts payable after more than one year42-€6k
Financial debts43€25k€31k▲
Credit institutions430/8€25k€31k▲
Trade debts44€28k€29k▲
Suppliers440/4€28k€29k▲
Taxes, remuneration and social security45€58k€46k▼
Taxes450/3€58k€46k▼
Remuneration and social security454/9€0-
Accrued charges and deferred income492/3€119€3k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€18k€4k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€8k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€95k€10k▼
Operating profit (loss)9901€65k€-3k▼
Financial income75/76B€3k€10k▲
Recurring financial income75€3k€10k▲
Financial charges65/66B€6k€7k▲
Recurring financial charges65€6k€7k▲
Profit (loss) for the period before taxes9903€63k€-1k▼
Income taxes67/77€26k€8k▼
Profit (loss) for the period9904€37k€-9k▼
Profit (loss) for the period to be appropriated9905€37k€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€37k€-9k▼
Transfer from equity791/2-€9k
Transfer to equity691/2€37k€0▼
To other reserves6921€37k€0▼
The notes to these accounts (13 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
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
16-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150kEq €154k ▲7.9%
4 profitable years in a row build equity to €154k.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €143k ▲45.6%
3 profitable years in a row build equity to €143k.
20-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 81 days late
2021
31-12
Financial
Highest result since 2018net €45k ▲156%
Net result €45k, the highest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
08-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-12k ▼145%
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
10-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2024
Demarbaix Paul
CurrentDirector · since 02-02-2024
Thiessen Eva
CurrentDirector · since 02-02-2024
02-02-2024
Demarbaix Paul: Appointed as Director
02-02-2024
Thiessen Eva: Appointed as Director
Location & real-estate footprint
Registered office, Kapellen · 1 establishment unit since 2016
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.
Wielewaallaan 172950 KapellenGround area
648 m²
Building footprint
148 m²
Volume, LiDAR
760 m³
Parcel 11362M0083/00N002, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Wielewaallaan 17, 2950 Kapellen
since 20162.256.330.955
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11362M0083/00N002 | Flanders | 648 m² | 1 · 148 m² | 7.6 m · 2 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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GIANTSTEPS
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ZENITH IT
BE 0772.738.028
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ORDAFLEX
BE 0882.594.981
Zemst · Eq €182k
SAFESKY
BE 0761.852.549
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Pai Europe Consultancy
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Of 16,811 companies in sector 62100 we hold annual accounts for 8,750. 6,728 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-09-2016
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
62020IT consultancy
62030Computer programming, consultancy and related activities
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
70220Business consulting
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.