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DRIVE

Active Private limited companyfounded 2007active for 19 yearsLange Akkerstraat 24, 9800 DeinzeKBO/BCE: BE 0890.740.508

Lifetime

18 annual accounts with figures on one time axis
peak €432,641 (2025)
€432,641▲ 71×
lowest -€87,686 (2013)
€390,828▲ €415,974
peak €866,509 (2012)
€656,217▲ 147%
€412,630▲ 4.5%
Board1 name since 2019
1 director
Documentsfilings and deeds
22-07-20269 days before the deadline
2025micro format
Gross margin from €6,093 to €432,641Back to profit: €390,828Equity from €265,389 to €656,217

Key points

from the 2025 annual accounts

Equity

€656,217 ▲ 147%
€265,0002024€656,0002025

Equity rose in 2025 from €265,389 to €656,217.

Liquidity

2.59 was 0.37 in 2024

Short-term debts rose from €394,719 to €412,630.

Filings

18 annual accounts since 2008
AprilJune31 JulyOctober2010201520202025

Two of the last ten came late. The 2017 accounts came latest: 31 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,811 companies had the same profile as DRIVE has now. Each dot stands for 45 companies, two years later.

96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,811 companies, not a prediction for DRIVE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0890740508
Change of role: , from manager to director General meeting of 03-11-2021 · Gazette deed
Company renamed from DRIVE O2 to DRIVE General meeting of 21-09-2016 · Gazette deed
Incorporation published on 12-07-2007 · Gazette deed
All 33 events

Comparable companies

same main activity, similar in size and age
Company
DRIVE Deinze €1.1m €432,641 61.4% -
ACB MOTORS Maldegem €1.1m €348,634 49.3% 3.2
Garage Armand Zottegem €0.9m €264,055 51.4% -
DLM SERVICE Leuze-en-Hainaut €1.1m €570,463 66.2% 4.5
ANJOWE Boutersem €0.8m €425,023 22.2% -
JS PRODUCTS Gembloux €1.2m €275,903 28.6% -
CARTIM Oudenaarde €0.9m €469,115 26.5% 4.5

These companies have the same main activity as DRIVE: wholesale of cars and light vans (up to 3.5 tonnes) (NACE 46711). They are comparable in size and age: total assets between €822,000 and €1.2m, founded between 2003 and 2009.

Official details

Source: KBO
Status
Active since 10-07-2007Normal situation
Activity
Wholesale of cars and light vans (up to 3.5 tonnes)NACE 46711and 8 others
Establishment unit
2.164.001.6059800 Deinze, since 10-07-2007
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

≈ €2.2mestimated
€1.1m▲ 61.9%
Filing
Filed on 22-07-2026, 9 days before the end of the filing period
Financials

Insights on DRIVE

DRIVE files the micro format. That format states no turnover. The gross margin rose from €152,813 in 2008 to €432,641 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about DRIVE

What is the company number of DRIVE?
The company number of DRIVE is 0890.740.508. The VAT number is the same number with BE in front: BE 0890.740.508.
Where is DRIVE based?
The registered office is at Lange Akkerstraat 24, 9800 Deinze.Company details
What does DRIVE do?
According to the KBO register, the main activity is wholesale of cars and light vans (up to 3.5 tonnes) (NACE 46711).
What is the legal form of DRIVE?
DRIVE is a private limited company (BV).
When was DRIVE founded?
DRIVE was founded on 10-07-2007.
Is DRIVE still active?
Yes, DRIVE is an active enterprise in the KBO register.
What is the turnover of DRIVE?
The turnover in financial year 2025 is ≈ €2.2m. This figure is estimated from the gross margin of €432,641 and 160 comparable companies (NACE 46). It probably lies between €1.3m and €3.7m.Financials
Is DRIVE profitable?
In financial year 2025, DRIVE made a profit of €390,828.
Where can I find the annual accounts of DRIVE?
DRIVE filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DRIVE due?
DRIVE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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