OverDriveIT
ActiveThe computed 12-month bankruptcy probability of OverDriveIT is 4.0% (moderate). The 2025 annual accounts show negative equity (€-68k) and a net result of €-12k. Equity is shrinking by ~42.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 18237 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
19
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record94
Bankruptcy probability, 12 months
4.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.05 against 0.35 in 2024; cash: 19.6% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Return on assets
-191.4%
Age of the figures
9 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
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €-68k
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 03-07-2026, 28 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
28 d early
2024
30 d early
2023
35 d early
2022
32 d early
2021
34 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-68k▼ 21.4%
2024 · €-56k
2021: €9k
2022: €-3k
2023: €-48k
2024: €-56k
2021 → 2025
Total assets
€6k▼ 82.9%
2024 · €37k
2021: €24k
2022: €9k
2023: €14k
2024: €37k
2021 → 2025
Net result
€-12k▼ 52.9%
2024 · €-8k
2021: €6k
2022: €-12k
2023: €-45k
2024: €-8k
2021 → 2025
Working capital
€-71k▼ 16.5%
2024 · €-61k
2021: €8k
2022: €-8k
2023: €-53k
2024: €-61k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€9k-€-3k€-48k▼ 1,512%€-56k▼ 16.3%€-68k▼ 21.4%
Operating result€8k-€-11k€-44k▼ 314%€-7k▲ 84.3%€-11k▼ 61.8%
Net result€6k-€-12k€-45k▼ 287%€-8k▲ 82.6%€-12k▼ 52.9%
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 €11k in 2025 against €7k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6k
Fixed assets
€3k▼ 44.2%
Current assets
€4k▼ 88.4%
Key figures and ratios
EBITDA
€-9k▼
2024 · €-5k
Cash flow
€-10k▼
2024 · €-6k
Current ratio
0.05▼
2024 · 0.35
Quick ratio
0.05▼
2024 · 0.35
Debt / equity
-1.09▲
2024 · -1.65
ROA
-191.4%▼
2024 · -21.4%
Interest coverage
-14.86▼
2024 · -7.14
Debt
€74k▼
2024 · €93k
Debt ≤ 1 year
€74k▼
2024 · €93k
Income taxes
€160▼
2024 · €176
A ratio outside any meaningful range has been withheld (balance sheet total €6k, equity €-68k).
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€37k€6k▼
Fixed assets21/28€5k€3k▼
Tangible fixed assets22/27€5k€3k▼
Plant, machinery and equipment23€536€41▼
Furniture and vehicles24€4k€2k▼
Current assets29/58€32k€4k▼
Amounts receivable within one year40/41€11k€1k▼
Trade receivables40€10k€0▼
Other amounts receivable41€299€1k▲
Cash at bank and in hand54/58€18k€1k▼
Deferred charges and accrued income490/1€3k€1k▼
Equity and liabilities
Total equity and liabilities10/49€37k€6k▼
Equity10/15€-56k€-68k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€-59k€-71k▼
Amounts payable17/49€93k€74k▼
Amounts payable within one year42/48€93k€74k▼
Financial debts43€439€0▼
Credit institutions430/8€439€0▼
Trade debts44€4k€1k▼
Suppliers440/4€4k€1k▼
Taxes, remuneration and social security45€11k€160▼
Taxes450/3€3k€160▼
Remuneration and social security454/9€9k€0▼
Other amounts payable47/48€77k€73k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€1k€1k▼
Gross operating margin9900€-4k€-8k▼
Operating profit (loss)9901€-7k€-11k▼
Financial charges65/66B€739€620▼
Recurring financial charges65€739€620▼
Profit (loss) for the period before taxes9903€-8k€-12k▼
Income taxes67/77€176€160▼
Profit (loss) for the period9904€-8k€-12k▼
Profit (loss) for the period to be appropriated9905€-8k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-59k€-71k▼
Profit (loss) brought forward from the previous period14P€-51k€-59k▼
The notes to these accounts (5 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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-45k
Net result drops to €-45k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Wuustwezel · 1 establishment unit since 2021
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.
Bosduinstraat 1942990 WuustwezelGround area
2,529 m²
Building footprint
162 m²
Volume, LiDAR
948 m³
Parcel 11682H0074/00D000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
OverDriveIT
since 20212.319.932.271
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11682H0074/00D000 | Flanders | 2,529 m² | 1 · 161 m² | 9.2 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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Of 3,227 companies in sector 47400 we hold annual accounts for 1,806. 879 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-06-2021
Fiscal year end31-12
Activities, NACEBEL
47400Retail sale of information and communication equipment
47410Retail trade
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:thejapes@gmail.com