1-2-Drive: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
1-2-Drive
Largest movements
- Cash +€3,256
up €3,256 (+40.9%), from €7,968 to €11,223
mainly Net result for the year (+€4,527) and Deferred charges and accrued income (+€2,065)
- Receivables within one year +€2,585
up €2,585 (+28.5%), from €9,066 to €11,651
of which Trade receivables: +€2,568
- Deferred charges and accrued income -€2,065
no longer reported in 2024 (was €2,065)
- Tangible fixed assets +€508
up €508 (+27.5%), from €1,845 to €2,353
of which Furniture and vehicles: +€1,247
- Reserves +€4,527
up €4,527 (+38.6%), from €11,723 to €16,250
- Tax, wage and social debts -€330
down €330 (-8.3%), from €3,958 to €3,627
- Gross operating margin -€8,417
down €8,417 (-45.7%), from €18,412 to €9,995
- Taxes -€2,018
down €2,018 (-56.7%), from €3,560 to €1,542
- Other operating charges +€643
up €643 (+112%), from €574 to €1,217
- Depreciation +€490
up €490 (+132%), from €372 to €863
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,944 | €25,227 | +€4,284 | +20.5% |
| Fixed assets | 21/28 | €1,845 | €2,353 | +€508 | +27.5% |
| Tangible fixed assets | 22/27 | €1,845 | €2,353 | +€508 | +27.5% |
| Plant, machinery and equipment | 23 | €1,845 | €1,106 | -€739 | -40.1% |
| Furniture and vehicles | 24 | - | €1,247 | +€1,247 | |
| Current assets | 29/58 | €19,099 | €22,874 | +€3,775 | +19.8% |
| Amounts receivable within one year | 40/41 | €9,066 | €11,651 | +€2,585 | +28.5% |
| Trade receivables | 40 | €4,032 | €6,601 | +€2,568 | +63.7% |
| Other amounts receivable | 41 | €5,034 | €5,050 | +€17 | +0.3% |
| Cash at bank and in hand | 54/58 | €7,968 | €11,223 | +€3,256 | +40.9% |
| Deferred charges and accrued income | 490/1 | €2,065 | - | -€2,065 | |
| Total equity and liabilities | 10/49 | €20,944 | €25,227 | +€4,284 | +20.5% |
| Equity | 10/15 | €16,723 | €21,250 | +€4,527 | +27.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €11,723 | €16,250 | +€4,527 | +38.6% |
| Distributable reserves | 133 | €11,723 | €16,250 | +€4,527 | +38.6% |
| Amounts payable | 17/49 | €4,221 | €3,977 | -€243 | -5.8% |
| Amounts payable within one year | 42/48 | €4,221 | €3,977 | -€243 | -5.8% |
| Trade debts | 44 | €263 | €350 | +€87 | +33.1% |
| Suppliers | 440/4 | €263 | €350 | +€87 | +33.1% |
| Taxes, remuneration and social security | 45 | €3,958 | €3,627 | -€330 | -8.3% |
| Taxes | 450/3 | €3,958 | €3,627 | -€330 | -8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €372 | €863 | +€490 | +132% |
| Other operating charges | 640/8 | €574 | €1,217 | +€643 | +112% |
| Gross operating margin | 9900 | €18,412 | €9,995 | -€8,417 | -45.7% |
| Operating profit (loss) | 9901 | €17,466 | €7,915 | -€9,551 | -54.7% |
| Financial income | 75/76B | €138 | €291 | +€153 | +111% |
| Recurring financial income | 75 | €138 | €291 | +€153 | +111% |
| Financial charges | 65/66B | €2,321 | €2,137 | -€184 | -7.9% |
| Recurring financial charges | 65 | €2,321 | €2,137 | -€184 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €15,283 | €6,069 | -€9,214 | -60.3% |
| Income taxes | 67/77 | €3,560 | €1,542 | -€2,018 | -56.7% |
| Profit (loss) for the period | 9904 | €11,723 | €4,527 | -€7,196 | -61.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,723 | €4,527 | -€7,196 | -61.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.