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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Tight liquidity NBB
Cash and receivables cover 61 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FAMILY DRIVE from Gent, company number BE0453840234, closed financial year 2025 with a result of € 6,894 after tax. For that financial year FAMILY DRIVE recorded a gross margin of € 1.7 million and equity of € 163,590. Compared with financial year 2024, the result moved from € 188,927 to € 6,894. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 27, 2026.
€ 163,590
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,894
▼ 96% vs 2024
Profit after tax over the fiscal year.
€ 265,081
▼ 15% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 39,643.
People and assets in 2025
27.3
▲ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▲ 8% vs 2024
€ 48,100 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.
€ 14,512
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.2 million
▲ 43% vs 2024
€ 196,809 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 437,375
▼ 49% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 152,148
▼ 20% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,353,481 | € 1,701,635 | € 1,592,854 | € 1,697,724 | ▲ 7% |
| Profit after taxes | € 354,223 | € 159,556 | € 188,927 | € 6,894 | ▼ 96% |
| Equity | € 146,713 | € 156,268 | € 156,696 | € 163,590 | ▲ 4% |
| Total debts | € 1,325,976 | € 880,274 | € 2,093,516 | € 1,828,573 | ▼ 13% |
| Cash | € 727,813 | € 432,270 | € 311,853 | € 265,081 | ▼ 15% |
| Land & buildings | € 237,716 | € 193,410 | € 1,562,703 | € 1,339,959 | ▼ 14% |
| Retained profit | € 22,766 | € 32,322 | € 32,749 | € 39,643 | ▲ 21% |
| Dividend | € 675,000 | € 150,000 | € 188,500 | € 0 | ▼ 100% |
| Bank debt | € 128,464 | € 77,856 | € 864,660 | € 1,238,831 | ▲ 43% |
| Balance sheet total | € 1,472,688 | € 1,036,543 | € 2,250,211 | € 1,992,163 | ▼ 11% |
| Employees (FTE) | 16.5 | 26.2 | 25.9 | 27.3 | ▲ 1.4 |
Key figures of FAMILY DRIVE, 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 FAMILY DRIVE?
What happened at FAMILY DRIVE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 6,894 (▼ 96% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 354,223 profit in 2022 to € 6,894 profit in 2025.
Paid € 150,957 in corporate taxes since 2022.
Best year ever: 2022, with € 354,223 profit.
On average € 62,200 of value added per employee in 2025.
Management
The stake of SOMATICS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FAMILY DRIVEBehind FAMILY DRIVE is Somatics BV. The shares are held by SOMATICS (100%).
Directors
According to the 2025 annual accounts
Director · represented by Marcel De Herdt
Also active at: E.D.K., ERDECEE, SANEEDE, HAPPY FLIGHT, FREMATICS, Mark's Angels
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Waalbrugstraat 3
9032 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0453.840.234
- VAT number
- BE 0453.840.234
- Registered office
- Waalbrugstraat 3, 9032 Gent
- Names & denominations
- FAMILY DRIVE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 November 1994
- Peppol
- Active · Active since 30 Oct 2023
- Activities · NACE
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Fastfoodzaken, snackbars, frituren en dergelijke
Activiteiten van eetgelegenheden met volledige bediening
Restaurants van het traditionele type
Eetgelegenheden met beperkte bediening
Eetgelegenheden met volledige bediening
Catering van evenementen
Uitzendkoks en verzorgen van feesten en recepties