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DRIVIT

Active
Public limited companyfounded 198342 yrs activeRue Géron 32, 5300 Andenne, BelgiumKBO/BCE: BE 0424.807.243
Summary

DRIVIT has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €736,963 and a net result of €12,744. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 48% of 682 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability48▲+34
Solvency69▼-31
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days acceptable
Liquidity ample (current ratio 1.55 against 3.97 in 2024; short-term debt: 13.5% and cash: 5.1% of total assets), but 55.8% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 42 years 0 50 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
44.2%
Return on assets
0.8%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
38 d early
2023
13 d early
2022
4 d early
2021
30 d late
2020
58 d late
2019
69 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 14 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 27 July (5 of the last 5 filed years within 34 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

On 29 November 1983, DRIVIT was incorporated.1 Total assets went from EUR 2.2 million in 2018 to EUR 1.7 million in 2025 and headcount from 0.6 full-time equivalents in 2018 to 1 in 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2022 and 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€12,744
2024 · -€34,502
Working capital
€123,885▼ 72.1%
2024 · €443,653
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€378,826-€107,139€30,593-€532,319€25,209
Net result€378,518above the sector's middle half-€64,587below the sector's middle half€30,977within the sector's middle half-€34,502below the sector's middle half€12,744within the sector's middle half
Equity€792,333above the sector's middle half▲ 91.5%€727,745above the sector's middle half▼ 8.2%€758,722above the sector's middle half▲ 4.3%€724,220above the sector's middle half▼ 4.5%€736,963within the sector's middle half▲ 1.8%
Total assets€889,442above the sector's middle half▲ 43.7%€876,228above the sector's middle half▼ 1.5%€867,840above the sector's middle half▼ 1.0%€873,436above the sector's middle half▲ 0.6%€1.7mwithin the sector's middle half▲ 91.0%
Debt€97,109▼ 52.7%€148,482▲ 52.9%€109,118▼ 26.5%€149,216▲ 36.7%€931,011▲ 524%
Working capital€479,295above the sector's middle half▲ 432%€442,137above the sector's middle half▼ 7.8%€490,421above the sector's middle half▲ 10.9%€443,653above the sector's middle half▼ 9.5%€123,885within the sector's middle half▼ 72.1%
Solvency89.1%above the sector's middle half▲ 22.2pp83.1%above the sector's middle half▼ 6.0pp87.4%above the sector's middle half▲ 4.4pp82.9%above the sector's middle half▼ 4.5pp44.2%within the sector's middle half▼ 38.7pp
Current ratio5.98above the sector's middle half▲ 4.543.98above the sector's middle half▼ 2.005.49above the sector's middle half▲ 1.523.97above the sector's middle half▼ 1.521.55within the sector's middle half▼ 2.42
Return on assets (ROA)42.6%above the sector's middle half▲ 57.4pp-7.4%below the sector's middle half▼ 49.9pp3.6%within the sector's middle half▲ 10.9pp-4.0%below the sector's middle half▼ 7.5pp0.8%within the sector's middle half▲ 4.7pp
Staff (FTE)1▲ 150%1=0below the sector's middle half
above within below the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€750,000-€500,000-€250,000€0€250,000€500,000Operating result 2021: €378,826€378,826Net result 2021: €378,518€378,518Operating result 2022: -€107,139-€107,139Net result 2022: -€64,587-€64,587Operating result 2023: €30,593€30,593Net result 2023: €30,977€30,977Operating result 2024: -€532,319-€532,319Net result 2024: -€34,502-€34,502Operating result 2025: €25,209€25,209Net result 2025: €12,744€12,74420212022202320242025-€600,000-€400,000-€200,000€0Operating result 2023: €30,593€30,600Net result 2023: €30,977€31,000Operating result 2024: -€532,319-€532,000Net result 2024: -€34,502-€34,500Operating result 2025: €25,209€25,200Net result 2025: €12,744€12,700202320242025
The operating result returns to profit in 2025: €25,209 after a loss of €532,319 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.7m
Fixed assets €1.3m ▲ 370%
Current assets €348,503 ▼ 41.2%
Equity and liabilities €1.7m
Equity €736,963 ▲ 1.8%
Debt €931,011 ▲ 524%
Debt's share of the balance-sheet total rises from 17.1% to 55.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€46,304▲
2024 · -€514,225
Cash flow
€33,839▲
2024 · -€16,409
Quick ratio
1.55▼
2024 · 3.16
Debt to equity
1.26▲
2024 · 0.21
ROE
1.7%▲
2024 · -4.8%
Interest coverage
3.41▲
2024 · -4840.68
Debt ≤ 1 year
€224,619▲
2024 · €149,216
Debt > 1 year
€706,392
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines
Balance sheet Code20242025
Assets
Total assets20/58€873,436€1.7m▲
Fixed assets21/28€280,566€1.3m▲
Tangible fixed assets22/27€279,466€258,371▼
Land and buildings22€241,319€232,000▼
Plant, machinery and equipment23€8,450€3,295▼
Furniture and vehicles24€27,461€21,219▼
Other tangible fixed assets26€2,235€1,857▼
Financial fixed assets28€1,100€1.1m▲
Current assets29/58€592,869€348,503▼
Stocks and contracts in progress3€121,000€1,000▼
Stocks30/36€121,000€1,000▼
Amounts receivable within one year40/41€115,481€258,289▲
Trade receivables40€97,780€256,294▲
Other amounts receivable41€17,701€1,995▼
Cash at bank and in hand54/58€353,541€85,649▼
Deferred charges and accrued income490/1€2,847€3,565▲
Equity and liabilities
Total equity and liabilities10/49€873,436€1.7m▲
Equity10/15€724,220€736,963▲
Contributions10/11€1.2m€1.2m=
Capital10€1.2m€1.2m=
Issued capital100€1.2m€1.2m=
Reserves13€478,850€478,850=
Non-distributable reserves130/1€352,600€352,600=
Legal reserve130€27,600€27,600=
Reserves not available under the articles1311€325,000€325,000=
Distributable reserves133€126,250€126,250=
Profit (loss) carried forward14-€934,630-€921,887▲
Amounts payable17/49€149,216€931,011▲
Amounts payable after more than one year17-€706,392
Financial debts170/4-€256,392
Other amounts payable178/9-€450,000
Amounts payable within one year42/48€149,216€224,619▲
Current portion of amounts payable after more than one year42-€26,452
Trade debts44€57,870€125,899▲
Suppliers440/4€57,870€125,899▲
Taxes, remuneration and social security45€30,538€30,550=
Taxes450/3€30,538€30,550=
Other amounts payable47/48€60,808€41,717▼
Income statement Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,094€21,095▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€107,730-€107,730▼
Other operating charges640/8€17,825€11,005▼
Non-recurring operating charges66A€496,324€0▼
Gross operating margin9900€107,654-€50,421▼
Operating profit (loss)9901-€532,319€25,209▲
Financial income75/76B€497,923€1,094▼
Recurring financial income75€1,599€1,094▼
Non-recurring financial income76B€496,324€0▼
Financial charges65/66B€106€13,560▲
Recurring financial charges65€106€13,560▲
Profit (loss) for the period before taxes9903-€34,502€12,744▲
Profit (loss) for the period9904-€34,502€12,744▲
Profit (loss) for the period to be appropriated9905-€34,502€12,744▲
Appropriation of the result
Profit (loss) to be appropriated9906-€934,630-€921,887▲
Profit (loss) brought forward from the previous period14P-€900,128-€934,630▼
Social balance
Average headcount (FTE)9087-0.0

The notes to these accounts (28 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€13,140€2,755€848€0--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29,821€28,827€23,033€18,094€21,095▲ 16.6%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€34,615€0€107,730-€107,730▼ 200%
Other operating charges640/8€8,310€8,070€12,279€17,825€11,005▼ 38.3%
Non-recurring operating charges66A---€496,324€0▼ 100%
Gross operating margin9900€430,098-€32,872€66,753€107,654-€50,421▼ 147%
Operating profit (loss)9901€378,826-€107,139€30,593-€532,319€25,209▲ 105%
Financial income75/76B€0€42,978€522€497,923€1,094▼ 99.8%
Recurring financial income75€0€42,978€522€1,599€1,094▼ 31.5%
Non-recurring financial income76B---€496,324€0▼ 100%
Financial charges65/66B€308€305€139€106€13,560▲ 12,665%
Recurring financial charges65€308€305€139€106€13,560▲ 12,665%
Profit (loss) for the period before taxes9903€378,518-€64,466€30,977-€34,502€12,744▲ 137%
Income taxes67/77-€122€0---
Profit (loss) for the period9904€378,518-€64,587€30,977-€34,502€12,744▲ 137%
Profit (loss) for the period to be appropriated9905€378,518-€64,587€30,977-€34,502€12,744▲ 137%
Line20212022202320242025Change
Assets
Total assets20/58€889,442€876,228€867,840€873,436€1.7m▲ 91.0%
Fixed assets21/28€313,918€285,608€268,301€280,566€1.3m▲ 370%
Tangible fixed assets22/27€312,768€284,459€267,201€279,466€258,371▼ 7.5%
Land and buildings22€292,765€268,447€250,638€241,319€232,000▼ 3.9%
Plant, machinery and equipment23€16,504€12,504€13,605€8,450€3,295▼ 61.0%
Furniture and vehicles24-€516€343€27,461€21,219▼ 22.7%
Other tangible fixed assets26€3,499€2,992€2,614€2,235€1,857▼ 16.9%
Financial fixed assets28€1,150€1,150€1,100€1,100€1.1m▲ 96,364%
Current assets29/58€575,524€590,619€599,539€592,869€348,503▼ 41.2%
Stocks and contracts in progress3€269,893€269,893€228,730€121,000€1,000▼ 99.2%
Stocks30/36€269,893€269,893€228,730€121,000€1,000▼ 99.2%
Amounts receivable within one year40/41€225,696€228,901€140,408€115,481€258,289▲ 124%
Trade receivables40€224,437€226,967€110,256€97,780€256,294▲ 162%
Other amounts receivable41€1,259€1,934€30,152€17,701€1,995▼ 88.7%
Cash at bank and in hand54/58€77,968€88,075€226,876€353,541€85,649▼ 75.8%
Deferred charges and accrued income490/1€1,967€3,751€3,525€2,847€3,565▲ 25.2%
Equity and liabilities
Total equity and liabilities10/49€889,442€876,228€867,840€873,436€1.7m▲ 91.0%
Equity10/15€792,333€727,745€758,722€724,220€736,963▲ 1.8%
Contributions10/11€1.2m€1.2m€1.2m€1.2m€1.2m=
Capital10€1.2m€1.2m€1.2m€1.2m€1.2m=
Issued capital100€1.2m€1.2m€1.2m€1.2m€1.2m=
Reserves13€478,850€478,850€478,850€478,850€478,850=
Non-distributable reserves130/1€352,600€352,600€352,600€352,600€352,600=
Legal reserve130€27,600€27,600€27,600€27,600€27,600=
Reserves not available under the articles1311€325,000€325,000€325,000€325,000€325,000=
Distributable reserves133€126,250€126,250€126,250€126,250€126,250=
Profit (loss) carried forward14-€866,517-€931,105-€900,128-€934,630-€921,887▲ 1.4%
Amounts payable17/49€97,109€148,482€109,118€149,216€931,011▲ 524%
Amounts payable after more than one year17----€706,392-
Financial debts170/4----€256,392-
Other amounts payable178/9----€450,000-
Amounts payable within one year42/48€96,229€148,482€109,118€149,216€224,619▲ 50.5%
Current portion of amounts payable after more than one year42----€26,452-
Trade debts44€63,198€117,743€58,366€57,870€125,899▲ 118%
Suppliers440/4€63,198€117,743€58,366€57,870€125,899▲ 118%
Taxes, remuneration and social security45€31,697€30,739€30,603€30,538€30,550=
Taxes450/3€30,578€30,590€30,603€30,538€30,550=
Remuneration and social security454/9€1,120€149€0---
Other amounts payable47/48€1,334€0€20,149€60,808€41,717▼ 31.4%
Accrued charges and deferred income492/3€880€0----
Line20212022202320242025Change
Profit (loss) for the period9904€378,518-€64,587€30,977-€34,502€12,744▲ 137%
+ Depreciation and write-downs630€29,821€28,827€23,033€18,094€21,095▲ 16.6%
Operating cash flow (approximation)€408,340-€35,760€54,009-€16,409€33,839▲ 306%
Investment in fixed assets (approximation)--€517-€5,725-€30,360-€1.1m▼ 3,391%
Change in cash-€10,107€138,801€126,666-€267,893▼ 311%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Back to profitnet €12,744
Net result €12,744 after one loss-making year.
23-06
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 Back to profitnet €30,977
Net result €30,977 after one loss-making year.
27-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial Back to profitnet €378,518
Net result €378,518 after 3 loss-making years.
31-12
Financial Liquidity quadruplescurrent ratio 5.98
Current ratio from 1.44 to 5.98; short-term debt falls from €205,203 to €96,229.
31-12
Financial Equity above €500,000Eq €792,333 ▲91.5%
Equity rises from €413,815 to €792,333.
27-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 58 days late
2020
08-10
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 69 days late
Show earlier events
2019
31-12
Financial Weakest financial yearnet -€1.2m
Net result drops to -€1.2m, the lowest in the series; recovery starts the following year.
29-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
13-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 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, Andenne · 1 establishment unit since 2002
seat establishment approximate The establishment unit on the map
Ground area
6,017 m²
Building footprint
2,550 m²
Parcel 92411D0076/00N000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue Géron 32, 5300 Andenne
NACE 28755
since 20022.023.369.124
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92411D0076/00N000 Wallonia 6,017 m² 1 · 2,550 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

According to the 2025 annual accounts of DRIVIT and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 3,983 companies in sector 25110 we hold annual accounts for 2,145. 1,451 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded29-11-1983
Fiscal year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
43211General electrical installation work
46140Agents in the wholesale of industrial machinery, ships and aircraft
46649Wholesale of other machinery and equipment
47521Retail sale of hardware, building materials, paint and glass (general range)
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID 0208:0424807243
Registered 03-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.