NORMAL SITUATION

DRIVE IT

Financial year 2024 · closed on 31/12/2024
Net result
610 k €
+27.0% YoY
Gross margin
1,2 M €
+11.9% YoY
Equity
2,4 M €
+35.3% YoY
Workforce
7,2 ETP
+14.3% YoY

Company — Normal situation.

What does DRIVE IT do?

DRIVE IT is a company registered in Belgium. It employs on average 7,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0809.148.957
Legal form
Private limited company
Contributed capital
18 600,00 €
Latest accounts
31/12/2024
Average workforce
7,2 ETP
Joint committees (1)
  • 2000
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202420232022202120102009
Income statement
Gross margin1,2 M €1,1 M €1,1 M €946,8 k €62,9 k €39,1 k €
EBITDA777,9 k €711,2 k €724,9 k €536,5 k €61,8 k €37,8 k €
Operating result724 k €633,4 k €637,5 k €450,4 k €43,3 k €31,7 k €
Net result610 k €480,5 k €405 k €304,1 k €25,8 k €19,7 k €
Balance sheet
Equity2,4 M €1,7 M €1,6 M €1,4 M €41,9 k €32,1 k €
Total assets2,6 M €2,4 M €2 M €1,7 M €142,3 k €73,6 k €
Cash1,1 M €836 k €1,1 M €738,7 k €45,6 k €16,9 k €
Debts210,6 k €574,7 k €380,9 k €344,3 k €99,1 k €40,6 k €
Other
Workforce7,2 ETP6,3 ETP6,2 ETP6,9 ETP
Governance

Board of directors

Seen on filing of 31/12/2024 · 4 active · 5 ended

Active mandates

Gocom Management

Voorzitter - Gedelegeerd Bestuurder · since 13 novembre 2024 · 0461.614.684

Represented by Goos FILIP

Active
MSP Group

Director · since 13 novembre 2024 · 0805.464.442

Represented by Lambrecht PETER

Active
BITS & PIECES

Director · since 05 décembre 2023 · until 13 novembre 2024 · 0865.960.174

Represented by Jimmy Goormans

Active
Manivata

Director · since 05 décembre 2023 · until 13 novembre 2024 · 0795.706.044

Represented by Kristof Verhoeven

Active

Ended mandates

KRISTOF VERHOEVEN

Manager · since 16 janvier 2009

Ended
Kristof Verhoeven

Director · since 05 janvier 2009

Ended
Kristof Verhoeven

Manager · since 05 janvier 2009

Ended
BITS & PIECES

Director · 0865.960.174

Represented by Jimmy GOORMANS

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date11/07/202518/06/202403/03/202315/04/202213/04/202110/06/2020
General meeting30/06/202511/06/202428/02/202315/04/202213/04/202109/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202430/06/202511/07/2025DutchPDF
Abridged model31/12/202311/06/202418/06/2024DutchPDF
Abridged model31/12/202228/02/202303/03/2023DutchPDF
Abridged model31/12/202115/04/202215/04/2022DutchPDF
Abridged model31/12/202013/04/202113/04/2021DutchPDF
Abridged model31/12/201909/06/202010/06/2020DutchPDF
Abridged model31/12/201811/06/201927/06/2019DutchPDF
Abridged model31/12/201712/06/201828/06/2018DutchPDF
Abridged model31/12/201613/06/201722/06/2017DutchPDF
Abridged model31/12/201514/06/201617/06/2016DutchPDF
Abridged modelCorrection31/12/201409/06/201529/06/2015DutchPDF
Abridged model31/12/201409/06/201526/06/2015DutchPDF
Abridged model31/12/201310/06/201410/07/2014DutchPDF
Abridged model31/12/201211/06/201318/06/2013DutchPDF
Abridged model31/12/201112/06/201226/06/2012DutchPDF
Abridged model31/12/201014/06/201122/06/2011DutchPDF
Abridged model31/12/200908/06/201009/06/2010DutchPDF
Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 4 active · 5 ended

Active mandates

Gocom Management

Voorzitter - Gedelegeerd Bestuurder · since 13 novembre 2024 · 0461.614.684

Represented by Goos FILIP

Active
MSP Group

Director · since 13 novembre 2024 · 0805.464.442

Represented by Lambrecht PETER

Active
BITS & PIECES

Director · since 05 décembre 2023 · until 13 novembre 2024 · 0865.960.174

Represented by Jimmy Goormans

Active
Manivata

Director · since 05 décembre 2023 · until 13 novembre 2024 · 0795.706.044

Represented by Kristof Verhoeven

Active

Ended mandates

KRISTOF VERHOEVEN

Manager · since 16 janvier 2009

Ended
Kristof Verhoeven

Director · since 05 janvier 2009

Ended
Kristof Verhoeven

Manager · since 05 janvier 2009

Ended
BITS & PIECES

Director · 0865.960.174

Represented by Jimmy GOORMANS

Ended
Shareholders

Ownership and network

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Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024610 k €
  2. 2023
    Annual accounts 2023480,5 k €
  3. 2022
    Annual accounts 2022405 k €
  4. 2021
    Annual accounts 2021304,1 k €
  5. 2010
    Annual accounts 201025,8 k €
  6. 2009
    Annual accounts 200919,7 k €