Active · per the CBE, 29 September 2026

DRIVE

BE0890740508

Rechtspersoon Private limited company 1 establishment

DRIVE is a wholesaler in Deinze. Private Limited, started on 10 July 2007, 1 establishment.

Lange Akkerstraat 24, 9800 Deinze

Behind the company: Olivier Magniette.

Active for

19 year, 2 months

Financials

Financial year 2025

DRIVE from Deinze, company number BE0890740508, closed financial year 2025 with a result of € 390,828 after tax. For that financial year DRIVE recorded a gross margin of € 432,641 and equity of € 656,217. Compared with financial year 2024, the result moved from € -25,146 to € 390,828. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.

What it is worth Growing

€ 656,217

▲ 147% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 390,828

▲ still € 25,146 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 110,444

▼ 19% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 636,217.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 159

▼ 85% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 48,961

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € -11,871 € 3,622 € 6,093 € 432,641 ▲ € 426,548
Profit after taxes € -44,336 € -26,801 € -25,146 € 390,828 ▲ € 415,974
Equity € 317,337 € 290,535 € 265,389 € 656,217 ▲ 147%
Total debts € 403,451 € 388,804 € 394,719 € 412,630 ▲ 5%
Cash € 157,700 € 142,773 € 136,944 € 110,444 ▼ 19%
Land & buildings € 550,610 € 524,400 € 498,190 € 0 ▼ 100%
Retained profit € 297,337 € 270,535 € 245,389 € 636,217 ▲ 159%
Bank debt € 270,000 € 0 € 0 € 0
Balance sheet total € 720,788 € 679,339 € 660,109 € 1,068,847 ▲ 62%

Key figures of 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 DRIVE?

What happened at 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 € 390,828. Source: NBB ↗
  • New establishment in Deinze. KBO
  • Start of the company according to the CBE. KBO

In short

From € 44,336 loss in 2022 to € 390,828 profit in 2025.

Paid € 39,083 in corporate taxes since 2022.

Best year ever: 2025, with € 390,828 profit.

Management

Olivier Magniette
DRIVE

Behind DRIVE is Olivier Magniette.

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Directors

According to the 2025 annual accounts

Olivier Magniette

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Lange Akkerstraat 24

9800 Deinze

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
0890.740.508
VAT number
BE 0890.740.508
Registered office
Lange Akkerstraat 24, 9800 Deinze
Names & denominations
DRIVE
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
10 July 2007
Peppol
Active · Active since 27 Mar 2026
Activities · NACE

Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)

Managementactiviteiten van holdings

Groothandel in auto's en lichte bestelwagens (= 3,5 ton)

Handelsbemiddeling in de groothandel in andere specifieke goederen

Activiteiten van holdings

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Carrosserieherstelling (inclusief spuiten en verven)

Groothandel in chemische producten voor industrieel gebruik

+11

Frequently asked questions

What does DRIVE do?
DRIVE is a wholesaler in Deinze. Private Limited, started on 10 July 2007, 1 establishment.
What is the address of DRIVE?
The registered office of DRIVE is located at Lange Akkerstraat 24, 9800 Deinze.
Is DRIVE still active?
Yes. According to the CBE (29 September 2026) DRIVE is active, legal situation “Normale toestand”, started on 10 July 2007.
Is DRIVE registered on Peppol?
Yes, DRIVE is registered on the Peppol network with ID 0208:0890740508.
What is the enterprise number of DRIVE?
The enterprise number of DRIVE is BE0890740508.
When was DRIVE founded?
DRIVE was founded on 10 July 2007.