Financials
Financial year 2025
DRIVE ENGINEERING from Lievegem, company number BE0463743538, closed financial year 2025 with a result of € -20,940 after tax. For that financial year DRIVE ENGINEERING recorded a gross margin of € -18,522 and equity of € 125,458. Compared with financial year 2024, the result moved from € 9,023 to € -20,940. 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 24, 2026.
€ 125,458
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -20,940
▼ still € 9,023 profit in 2024
Profit after tax over the fiscal year.
€ 112,162
▼ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 113,058.
People and assets in 2025
€ 3,915
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,001
▲ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,000
▲ 300% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 78,897 | € 65,252 | € 16,613 | € -18,522 | ▼ € 35,134 |
| Profit after taxes | € 48,154 | € 34,720 | € 9,023 | € -20,940 | ▼ € 29,963 |
| Equity | € 122,656 | € 157,375 | € 146,398 | € 125,458 | ▼ 14% |
| Total debts | € 29,662 | € 4,279 | € 3,903 | € 5,413 | ▲ 39% |
| Cash | € 106,127 | € 144,826 | € 128,048 | € 112,162 | ▼ 12% |
| Retained profit | € 110,256 | € 144,975 | € 133,998 | € 113,058 | ▼ 16% |
| Dividend | € 20,000 | € 0 | € 20,000 | € 0 | ▼ 100% |
| Balance sheet total | € 152,317 | € 161,654 | € 150,301 | € 130,872 | ▼ 13% |
Key figures of DRIVE ENGINEERING, 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 DRIVE ENGINEERING?
What happened at DRIVE ENGINEERING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 20,940 (▼ € 29,963 vs 2024). Source: NBB ↗
- New establishment in Lievegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 48,154 profit in 2022 to € 20,940 loss in 2025.
Paid € 44,716 in corporate taxes since 2022.
Best year ever: 2022, with € 48,154 profit.
Paid out € 40,000 in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Bredestraat 90
9920 Lievegem
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
- 0463.743.538
- VAT number
- BE 0463.743.538
- Registered office
- Bredestraat 90, 9920 Lievegem
- Names & denominations
- DRIVE ENGINEERING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 July 1998
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
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