Financials
- Financial year
- 2025
- Total assets
- €702,605
- Loss
- -€330,237
- Solvency
- 21.3%
Total assets▼ 30.7%
Net result
20182025
THE NEW DRIVE
ActiveSummary
The annual accounts of THE NEW DRIVE for financial year 2025 show a net loss of 69% of the equity at the start of that year. The 2025 annual accounts show equity of €149,558 and a net result of -€330,237. Equity is growing by about 21% per year across the filed financial years. Its solvency ranks better than 29% of 3,317 sector peers (NACE 62, financial year 2025). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Activity
Other information technology and computer services
NACE 62900Engineering and related technical consultancy, excluding land surveyors NACE 71121
1 site
Size
€702,605total assets 2025
- Staff
- 10.2 FTE
- Equity
- €149,558
- Loss
- -€330,237
Turnover not published (abbreviated or micro format)
Structure
Accounts 64 days early1 of 9 deeds read
Why 53raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €330,237 (financial year 2025)Size: 10.2 FTE, total assets €702,605lowers riskLiquidity: current ratio 1.14, cash €141,494Sector: Computer programming, consultancy and related activities (NACE 62)Show the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 17% of its sector peers (NACE 62, small)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency
46-26
equity 21.3% of total assets
Liquidity
33-30
short-term debt 76.8% · cash 20.1%
Profitability
0-78
return on assets -47.0%
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.0%highest value
12-2024: 1.0%● unchanged vs 11-2024highest value
01-2025: 0.4%▼ -0.6 percentage points vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.5%▲ +0.1 percentage points vs 03-2025
05-2025: 0.4%▼ -0.1 percentage points vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.5%▲ +0.1 percentage points vs 06-2025
08-2025: < 0.1%▼ -0.5 percentage points vs 07-2025lowest value
09-2025: < 0.1%● unchanged vs 08-2025lowest value
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: 0.6%▲ +0.6 percentage points vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026
08-2026: 0.6%● unchanged vs 07-2026
09-2026: 0.6%● unchanged vs 08-2026
10-2026: 0.6%● unchanged vs 09-2026
Credit of up to €7,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.14, compared with 2.87 in 2024, below the usual 1.5; short-term debt: 76.8% and cash: 20.1% of total assets), and 78.7% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, small): better than 29% on solvency, 30% on liquidity, 4% on profitability and 5% on growth.
The bankruptcy probability was computed on 13-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
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 28-05-2026, 64 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
64 days early
2024
8 days early
2023
6 days early
2022
21 days early
2021
53 days early
2020
18 days early
2019
140 days early
← 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 44 days before the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 10 July (4 of the last 5 filed years within 32 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
14-10-2026 today31-12-2026 year end31-07-2027 deadline
- Resignation: MVK Consulting B.V. (director)Permanent representatives: Mark van Kerkhof…
- Annual accounts filedfinancial year 2025 · abbreviated…
- Weakest financial yearnet -€330,237
Key points
- Caution: From profit to loss in 2025after €75,747 in 2024 -€330,237 View
- Caution: Among the weakest 5% on net resultsector median €23,808 · 3,317 companies -€330,237 View
- Board changedlatest change 19-03-2026 · 0 in office 2 joined · 1 left View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
By topic
Timeline
- Events
- 21
- Since
- 2014
- Next accounts
- by 31-07-2027
- 23-07-2025Annual accounts filed
- 31-12-2024Back to profit
- 25-07-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Other information technology and computer servicesNACE 62900
- Founded
- 21-10-2011
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 1
See the provisions in the deeds
Go to Articles of associationGo further with this company
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