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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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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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 51 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DrivOlution from Leuven, company number BE0875729658, closed financial year 2025 with a result of € -546,370 after tax. For that financial year DrivOlution recorded a gross margin of € 548,766 and equity of € -533,559. Compared with financial year 2024, the result moved from € -457,101 to € -546,370. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ -533,559
▼ € 521,370 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -546,370
▼ 20 % more loss than in 2024
Profit after tax over the fiscal year.
€ 27,585
▼ 50% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.9 million.
People and assets in 2025
11.8
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 951,410
▲ 18% vs 2024
€ 80,600 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.
€ 64,839
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 390,000
Loans from banks and other lenders, long and short.
€ 201,184
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 47,938
▼ 2% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 608,712 | € 586,979 | € 532,260 | € 548,766 | ▲ 3% |
| Profit after taxes | € -279,354 | € -314,499 | € -457,101 | € -546,370 | ▼ € 89,270 |
| Equity | € 334,411 | € 444,912 | € -12,189 | € -533,559 | ▼ € 521,370 |
| Total debts | € 482,270 | € 427,077 | € 640,667 | € 1,060,994 | ▲ 66% |
| Cash | € 94,049 | € 105,304 | € 54,795 | € 27,585 | ▼ 50% |
| Retained profit | € -545,589 | € -860,088 | € -1,317,189 | € -1,863,559 | ▼ € 546,370 |
| Bank debt | € 200,000 | € 200,000 | € 0 | € 390,000 | |
| Balance sheet total | € 816,681 | € 871,988 | € 628,478 | € 527,435 | ▼ 16% |
| Employees (FTE) | 12 | 10.7 | 11.3 | 11.8 | ▲ 0.5 |
Key figures of DrivOlution, 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 DrivOlution?
What happened at DrivOlution in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Wim Kinnet stepped down as director. NBB
- Els Overbergh stepped down as director. NBB
- Roel Bernaerts stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 546,370. Source: NBB ↗
- Roel Bernaerts became a director. NBB
- Els Overbergh became a director. NBB
- Wim Kinnet became a director. NBB
- New establishment in Leuven. KBO
In short
From € 279,354 loss in 2022 to € 546,370 loss in 2025.
Paid € 6,095 in corporate taxes since 2022.
On average € 46,500 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by Baloise Belgium NV (100%).
Directors
According to the 2025 annual accounts
Els Overbergh
Director
since 2022 · until 2027
Roel Bernaerts
Director
since 2022 · until 2027
Wim Kinnet
Director
since 2018 · until 2028
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Remylaan 4C box 1
3018 Leuven
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0875.729.658
- VAT number
- BE 0875.729.658
- Registered office
- Remylaan 4C bus 1, 3018 Leuven
- Names & denominations
- DrivOlution
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 August 2005
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Beroepsopleiding
Activiteiten van risicoanalisten en schadetaxateurs
Schade- en risico- experten