ACTIVE

DRIVE MUT

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Financial year 2025 · Closed on 31/12/2025

Net result-26,1 k €-227,4 %over 1 year
Revenue226,8 k €
Equity873,6 k €-2,9 %over 1 year
Workforce6,7 ETP+15,5 %over 1 year

Identity

Source · BCE/KBO

DRIVE MUT is a Non-profit organization incorporated in 1996. Its main activity is: Driving school activities. Its registered office is in Bruxelles. It employs on average 6,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0459.866.706
Incorporation
17/12/1996
Legal form
Non-profit organization
Registered office
Rue Saint-Jean 32-38
1000 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2025
Average workforce
6,7 ETP
Joint committees (1)
  • 337
Signals
Solid equityLow riskGood liquidityHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 17 financial years

20252024202320222021
Income statement
Revenue226,8 k €–182,3 k €139 k €139,2 k €
EBITDA-30,5 k €2,5 k €24,6 k €133,3 k €94,8 k €
Operating result-30,5 k €2,5 k €24,5 k €132,2 k €93,7 k €
Net result-26,1 k €20,5 k €30,1 k €131,2 k €92,8 k €
Balance sheet
Equity873,6 k €899,7 k €879,2 k €849,1 k €717,9 k €
Total assets1,1 M €1,1 M €1 M €997,2 k €842,6 k €
Cash993,3 k €981,9 k €766,3 k €839,8 k €676,7 k €
Debts183,2 k €147,8 k €161,7 k €147,9 k €124,1 k €
Other
Workforce6,7 ETP5,8 ETP6,0 ETP6,7 ETP6,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

10 active · 17 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Frédéric Hennaut
Directorsince 27/06/2023
Ghislain Weets
SecrétaireMandate27/10/2015 → 2020 accountsended
Pierre Cools
DirectorMandate27/10/2015 → 2020 accountsendedPrésident2023 accountsended
Pierre Annet
Directorsince 15/12/2009
Alain Thirion
TrésorierDirector2009 accountsended
Emmanuel Deroubaix
Director
Gaétane D'Horaene
Chairman of the board of directors
Jessica HERBOTS
Director
Sébastien CHOQUET
Director
Thierry CHAMBERLAND
Director

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Carmen Castellano
Director27/10/2015 → 21/12/2018
Gaétane D'Hoeraene
Director11/06/2013 → 2017 accounts

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Rue Saint-Jean 32-38 1000 Bruxelles
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Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date25/06/202626/06/202502/07/202404/07/202325/07/202208/07/2021
General meeting23/06/202624/06/202525/06/202427/06/202328/06/202217/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202523/06/202625/06/2026FrenchPDF
Abridged model31/12/202424/06/202526/06/2025FrenchPDF
Abridged model31/12/202325/06/202402/07/2024FrenchPDF
Abridged model31/12/202227/06/202304/07/2023FrenchPDF
Abridged model31/12/202128/06/202225/07/2022FrenchPDF
Abridged model31/12/202017/06/202108/07/2021FrenchPDF
Abridged model31/12/201923/06/202002/07/2020FrenchPDF
Abridged model31/12/201825/06/201902/07/2019FrenchPDF
Abridged model31/12/201719/06/201803/07/2018FrenchPDF
Abridged model31/12/201627/06/201711/07/2017FrenchPDF
Abridged model31/12/201517/06/201611/07/2016FrenchPDF
Abridged model31/12/201423/06/201506/07/2015FrenchPDF
Abridged model31/12/201310/06/201403/07/2014FrenchPDF
Abridged model31/12/201211/06/201308/07/2013FrenchPDF
Abridged model31/12/201105/06/201227/06/2012FrenchPDF
Abridged model31/12/201023/06/201113/07/2011FrenchPDF
Abridged model31/12/200929/06/201008/07/2010FrenchPDF
Abridged model31/12/200830/06/200928/07/2009FrenchPDF
Abridged model31/12/200724/06/200801/07/2008FrenchPDF
Abridged model31/12/200619/06/200716/07/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

10 active · 17 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Frédéric Hennaut
Directorsince 27/06/2023
Ghislain Weets
SecrétaireMandate27/10/2015 → 2020 accountsended
Pierre Cools
DirectorMandate27/10/2015 → 2020 accountsendedPrésident2023 accountsended
Pierre Annet
Directorsince 15/12/2009
Alain Thirion
TrésorierDirector2009 accountsended
Emmanuel Deroubaix
Director
Gaétane D'Horaene
Chairman of the board of directors
Jessica HERBOTS
Director
Sébastien CHOQUET
Director
Thierry CHAMBERLAND
Director

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Carmen Castellano
Director27/10/2015 → 21/12/2018
Gaétane D'Hoeraene
Director11/06/2013 → 2017 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates05/10/2026
    Démissions - Nominations :
    PDF
  • Mandates26/05/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Other04/03/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates22/09/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/03/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/11/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/10/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/09/2018
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings17 filings
Mandates
Gaétane D'Horaene
Thierry CHAMBERLAND
Pierre Cools
Emmanuel Deroubaix
Ghislain Weets
Alain Thirion
Frédéric HENNAUT
Sébastien CHOQUET
Jessica HERBOTS
Pierre Annet
Carmen Castellano
Gaétane D'Hoeraene
1996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
DRIVE MUT
Rue Saint-Jean 32-38, 1000 Brussels
Chairman of the board of directors
Director
Director
Director
Secrétaire
Trésorier
Director
Director
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Rue Saint-Jean 32-38, 1000 BrusselsCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00228755

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
DRIVE MUTCurrent
accounts 2009 → 2025
Accounts 2025 · 2026-00228755

Events

  1. 2025
    Annual accounts 2025-26,1 k €↓
  2. 2024
    Annual accounts 202420,5 k €↓
  3. 2023
    Annual accounts 202330,1 k €↓
  4. 2022
    Annual accounts 2022131,2 k €↑
  5. 2021
    Annual accounts 202192,8 k €↓
  6. 2020
    Annual accounts 2020173,8 k €↑
  7. 2019
    Annual accounts 201998,8 k €↑
  8. 2018
    Annual accounts 201833 k €↑
  9. 2017
    Annual accounts 2017-24,5 k €↓
  10. 2016
    Annual accounts 2016-15,3 k €↑
  11. 2015
    Annual accounts 2015-51,2 k €↓
  12. 2014
    Annual accounts 2014-28,5 k €↓
  13. 2013
    Annual accounts 201324 k €↓
  14. 2012
    Annual accounts 201299,2 k €↑
  15. 2011
    Annual accounts 201155,8 k €↑
  16. 2010
    Annual accounts 201043,1 k €↑
  17. 2009
    Annual accounts 200928 k €
  18. 17/12/1996
    IncorporationNon-profit organization