Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
intuEdrive from Bierbeek, company number BE0687717132, closed financial year 2025 with a result of € -591,831 after tax. For that financial year intuEdrive recorded a gross margin of € 1.8 million and equity of € 2.6 million. Compared with financial year 2024, the result moved from € -1.9 million to € -591,831. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 5, 2026.
€ 2.6 million
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -591,831
▲ 69 % less loss than in 2024
Profit after tax over the fiscal year.
€ 118,861
▼ 51% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -6.8 million.
People and assets in 2025
21.4
▼ 3.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.6 million
▼ 5% vs 2024
€ 74,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 57,129
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.8 million
▲ 57% vs 2024
€ 507,950 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 550,528
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 267,144
▲ 30% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 547,347 | € -292,861 | € 288,907 | € 1,782,143 | ▲ € 1.5 million |
| Profit after taxes | € -249,010 | € -1,758,230 | € -1,927,552 | € -591,831 | ▲ € 1.3 million |
| Equity | € -379,255 | € 2,646,491 | € 3,218,918 | € 2,627,087 | ▼ 18% |
| Total debts | € 3,689,160 | € 2,073,880 | € 2,231,609 | € 2,691,548 | ▲ 21% |
| Cash | € 40,974 | € 162,962 | € 243,662 | € 118,861 | ▼ 51% |
| Retained profit | € -2,549,223 | € -4,307,453 | € -6,235,005 | € -6,826,836 | ▼ € 591,831 |
| Bank debt | € 3,106,359 | € 1,412,081 | € 1,140,348 | € 1,790,449 | ▲ 57% |
| Balance sheet total | € 3,309,905 | € 4,720,371 | € 5,450,528 | € 5,318,635 | ▼ 2% |
| Employees (FTE) | 10.5 | 16 | 24.6 | 21.4 | ▼ 3.2 |
Key figures of intuEdrive, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to intuEdrive?
What happened at intuEdrive in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 591,831. Source: NBB ↗
- Cécam Capital BV became a director. NBB
- INCOGNITO 007 stepped down as director. NBB
- New establishment in Merelbeke-Melle. KBO
- Luc Wanten became a director. NBB
- WELVAARTSFONDS became a director. NBB
- INVEST FOR JOBS became a director. NBB
- New establishment in Tessenderlo-Ham. KBO
In short
From € 249,010 loss in 2022 to € 591,831 loss in 2025.
Paid € 116 in corporate taxes since 2022.
On average € 83,300 of value added per employee in 2025.
Management
The stake of Welvaartsfonds, Participatiemaatschappij Vlaanderen, BUSELO, INVEST FOR JOBS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
intuEdriveBehind intuEdrive are WELVAARTSFONDS, INVEST FOR JOBS, TOMAS KEPPENS, Cécam Capital BV, Luc Wanten and JORRIT HEIDBÜCHEL. The shares are held by Welvaartsfonds (28.8%), Participatiemaatschappij Vlaanderen (14.9%), BUSELO (11.1%) and INVEST FOR JOBS (6%).
Directors
According to the 2025 annual accounts
since 2023
Director · represented by Johan Keppens
Also active at: Fonderies J. Marichal Ketin et Cie, GALLER HOLDING, Century 21 Benelux, MICROMEGA - DYNAMICS, NOMICS, BEER PROJECT, IONICS, REIN4CED +9 more
since 2023
TOMAS KEPPENS
Director
Director · represented by Michaël Smolders
Also active at: ECOSOL+, ENERGIEWEST, StepKo
since 2025
since 2024
JORRIT HEIDBÜCHEL
Managing director
Director · represented by BEN-AL-LAL Ismail
Also active at: Futech Home, Terra, U2P, Futech Service, IP-IMMO, Spectra, Octave, Cocosi +7 more
since 2020 · until 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Oudebaan 130
3360 Bierbeek
Essenschotstraat(H) 6
3980 Tessenderlo-Ham
Active since 21 June 2023
Vestinglaan 55
2650 Edegem
Active since 21 June 2023
Driekoningenplein 10
9820 Merelbeke-Melle
Active since 30 July 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0687.717.132
- VAT number
- BE 0687.717.132
- Registered office
- Oudebaan 130, 3360 Bierbeek
- Names & denominations
- intuEdrive · iEd
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 January 2018
- Peppol
- Active · Active since 30 Jan 2025
- Activities · NACE
Vervaardiging van fietsen en invalidenwagens
Vervaardiging van motorfietsen
Overige niet-gespecialiseerde detailhandel
Detailhandel in motorrijwielen, delen en toebehoren van motorrijwielen
Vervaardiging van elektronische onderdelen
Detailhandel in fietsen
Detailhandel in fietsen in gespecialiseerde winkels
Detailhandel in en onderhoud en reparatie van motorfietsen en delen en toebehoren van motorfietsen
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