SAFE-T DRIVE
ActiveThe computed 12-month bankruptcy probability of SAFE-T DRIVE is 2.4% (moderate). The 2024 annual accounts show equity of €23k and a net result of €5k. Equity is growing by ~27.3% per year across the filed fiscal years. Its solvency ranks better than 88% of 6717 sector peers (fiscal year 2024). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
84
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability91▲+14
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 5.37; short-term debt: 17.7% and cash: 90.4% of total assets), and 17.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 2024Solvency, return and age of the figures
Solvency
82.3%
Return on assets
18.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-06-2025, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
41 d early
2023
21 d late
2022
54 d early
2021
12 d late
2020
51 d early
2019
21 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€23k▲ 28.3%
2023 · €18k
2018: €-5k
2019: €3k
2020: €16k
2021: €21k
2022: €16k
2023: €18k
2018 → 2024
Total assets
€27k▲ 54.7%
2023 · €18k
2018: €638
2019: €5k
2020: €16k
2021: €26k
2022: €17k
2023: €18k
2018 → 2024
Net result
€5k▲ 308%
2023 · €1k
2018: €2k
2019: €8k
2020: €13k
2021: €5k
2022: €-5k
2023: €1k
2018 → 2024
Working capital
€21k▲ 23.5%
2023 · €17k
2018: €-5k
2019: €3k
2020: €16k
2021: €21k
2022: €16k
2023: €17k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€16k-€21k▲ 33.4%€16k▼ 23.6%€18k▲ 7.5%€23k▲ 28.3%
Operating result€13k-€5k▼ 58.5%€-5k€1k€5k▲ 283%
Net result€13k-€5k▼ 59.0%€-5k€1k€5k▲ 308%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 283% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €27k
Fixed assets
€1k▲ 204%
Current assets
€26k▲ 50.6%
Equity and liabilities €27k
Equity
€23k▲ 28.3%
Debt
€5k▲ 3,565%
The debt ratio rises from 0.7% to 17.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€5k▲
2023 · €2k
Cash flow
€5k▲
2023 · €1k
Solvency
82.3%▼
2023 · 99.3%
Current ratio
5.37
Quick ratio
5.37
Debt / equity
0.21▲
2023 · 0.01
ROE
22.1%▲
2023 · 6.9%
ROA
18.2%▲
2023 · 6.9%
Interest coverage
24.21▲
2023 · 11.27
Debt
€5k▲
2023 · €132
Debt ≤ 1 year
€5k▲
2023 · €132
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€18k€27k▲
Fixed assets21/28€467€1k▲
Tangible fixed assets22/27€467€1k▲
Furniture and vehicles24€467€1k▲
Current assets29/58€17k€26k▲
Amounts receivable within one year40/41€17k€1k▼
Trade receivables40€16k€703▼
Other amounts receivable41€643€501▼
Cash at bank and in hand54/58€550€25k▲
Equity and liabilities
Total equity and liabilities10/49€18k€27k▲
Equity10/15€18k€23k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-1k€4k▲
Amounts payable17/49€132€5k▲
Amounts payable within one year42/48€132€5k▲
Trade debts44€69€3k▲
Suppliers440/4€69€3k▲
Taxes, remuneration and social security45-€1k
Taxes450/3-€1k
Other amounts payable47/48€63€63=
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€200€204▲
Other operating charges640/8€384€387▲
Gross operating margin9900€2k€6k▲
Operating profit (loss)9901€1k€5k▲
Financial charges65/66B€138€223▲
Recurring financial charges65€138€223▲
Profit (loss) for the period before taxes9903€1k€5k▲
Profit (loss) for the period9904€1k€5k▲
Profit (loss) for the period to be appropriated9905€1k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1k€4k▲
Profit (loss) brought forward from the previous period14P€-2k€-1k▲
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
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
31-12
Financial
Liquidity times 5current ratio 130.66
Current ratio from 28.31 to 130.66; short-term debt falls from €574 to €132.
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-5k ▼194%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 5current ratio 28.31
Current ratio from 5.89 to 28.31; short-term debt falls from €4k to €574.
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €13k ▲63.3%
Operating result €13k, net result €13k, both a record.
31-12
Financial
Liquidity times 107current ratio 255.96
Current ratio from 2.38 to 255.96; short-term debt falls from €2k to €63.
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
2019
31-12
Financial
Liquidity times 21current ratio 2.38
Current ratio from 0.11 to 2.38; short-term debt falls from €6k to €2k.
05-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 5 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2012
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.
Aquilonlaan 151200 Sint-Lambrechts-WoluweGround area
7,930 m²
Building footprint
758 m²
Volume, LiDAR
9,062 m³
Parcel 21018A0119/00X003, Brussels · tallest building 14.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
SAFE-T DRIVE
since 20122.214.019.357
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21018A0119/00X003 | Brussels | 7,930 m² | 1 · 758 m² | 14.6 m · 4 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 6,686 companies in sector 49330 we hold annual accounts for 2,284. 1,982 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-10-2012
Fiscal year end31-12
Activities, NACEBEL
49320Taxi operation
49330On-demand passenger transport by chauffeured vehicle
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.