2driveU: what changed
Two fiscal 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.
2driveU
Largest movements
- Receivables within one year +€38,827
up €38,827 (+43.9%), from €88,519 to €127,346
of which Trade receivables: +€26,509
- Tangible fixed assets -€30,193
down €30,193 (-4.5%), from €672,078 to €641,885
of which Plant, machinery and equipment: -€26,907
- Cash +€13,461
up €13,461 (+656.4%), from €2,051 to €15,512
mainly Net result for the year (+€144,020) and Depreciation (+€143,149)
- Reserves +€144,020
up €144,020 (+49.3%), from €292,090 to €436,110
- Debts after one year -€46,982
down €46,982 (-17.9%), from €262,392 to €215,410
- Short-term financial debts -€38,860
down €38,860 (-100.0%), from €38,860 to €0
- Trade debts -€34,907
down €34,907 (-45.8%), from €76,225 to €41,319
- Tax, wage and social debts +€31,074
up €31,074 (+80.0%), from €38,855 to €69,929
- Gross operating margin +€195,783
up €195,783 (+108.4%), from €180,663 to €376,446
- Taxes +€57,559
up €57,559 (+422.0%), from €13,639 to €71,198
- Depreciation +€21,895
up €21,895 (+18.1%), from €121,253 to €143,149
- Financial charges -€3,890
down €3,890 (-20.3%), from €19,186 to €15,296
From the 2024 result to the 2025 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.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €790,635 | €812,676 | +€22,041 | +2.8% |
| Fixed assets | 21/28 | €673,078 | €642,885 | -€30,193 | -4.5% |
| Tangible fixed assets | 22/27 | €672,078 | €641,885 | -€30,193 | -4.5% |
| Land and buildings | 22 | €289,353 | €265,167 | -€24,185 | -8.4% |
| Plant, machinery and equipment | 23 | €382,726 | €355,818 | -€26,907 | -7.0% |
| Furniture and vehicles | 24 | - | €6,492 | +€6,492 | |
| Other tangible fixed assets | 26 | - | €12,500 | +€12,500 | |
| Assets under construction and advance payments | 27 | - | €1,908 | +€1,908 | |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €117,557 | €169,791 | +€52,233 | +44.4% |
| Amounts receivable after more than one year | 29 | €22,340 | €19,084 | -€3,256 | -14.6% |
| Other amounts receivable | 291 | €22,340 | €19,084 | -€3,256 | -14.6% |
| Amounts receivable within one year | 40/41 | €88,519 | €127,346 | +€38,827 | +43.9% |
| Trade receivables | 40 | €26,247 | €52,756 | +€26,509 | +101.0% |
| Other amounts receivable | 41 | €62,271 | €74,590 | +€12,318 | +19.8% |
| Cash at bank and in hand | 54/58 | €2,051 | €15,512 | +€13,461 | +656.4% |
| Deferred charges and accrued income | 490/1 | €4,648 | €7,849 | +€3,202 | +68.9% |
| Total equity and liabilities | 10/49 | €790,635 | €812,676 | +€22,041 | +2.8% |
| Equity | 10/15 | €304,590 | €448,610 | +€144,020 | +47.3% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €292,090 | €436,110 | +€144,020 | +49.3% |
| Distributable reserves | 133 | €292,090 | €436,110 | +€144,020 | +49.3% |
| Amounts payable | 17/49 | €486,046 | €364,066 | -€121,980 | -25.1% |
| Amounts payable after more than one year | 17 | €262,392 | €215,410 | -€46,982 | -17.9% |
| Financial debts | 170/4 | €262,392 | €215,410 | -€46,982 | -17.9% |
| Amounts payable within one year | 42/48 | €223,654 | €148,656 | -€74,997 | -33.5% |
| Current portion of amounts payable after more than one year | 42 | €44,033 | €37,244 | -€6,789 | -15.4% |
| Financial debts | 43 | €38,860 | €0 | -€38,860 | -100.0% |
| Credit institutions | 430/8 | €38,860 | €0 | -€38,860 | -100.0% |
| Trade debts | 44 | €76,225 | €41,319 | -€34,907 | -45.8% |
| Suppliers | 440/4 | €76,225 | €41,319 | -€34,907 | -45.8% |
| Advances received on contracts in progress | 46 | €25,515 | €0 | -€25,515 | -100.0% |
| Taxes, remuneration and social security | 45 | €38,855 | €69,929 | +€31,074 | +80.0% |
| Taxes | 450/3 | €38,855 | €69,929 | +€31,074 | +80.0% |
| Other amounts payable | 47/48 | €165 | €165 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €121,253 | €143,149 | +€21,895 | +18.1% |
| Other operating charges | 640/8 | €7,587 | €6,977 | -€609 | -8.0% |
| Gross operating margin | 9900 | €180,663 | €376,446 | +€195,783 | +108.4% |
| Operating profit (loss) | 9901 | €51,823 | €226,320 | +€174,497 | +336.7% |
| Financial income | 75/76B | €2,474 | €4,194 | +€1,719 | +69.5% |
| Recurring financial income | 75 | €2,474 | €4,194 | +€1,719 | +69.5% |
| Financial charges | 65/66B | €19,186 | €15,296 | -€3,890 | -20.3% |
| Recurring financial charges | 65 | €19,186 | €15,296 | -€3,890 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | €35,112 | €215,218 | +€180,106 | +512.9% |
| Income taxes | 67/77 | €13,639 | €71,198 | +€57,559 | +422.0% |
| Profit (loss) for the period | 9904 | €21,473 | €144,020 | +€122,547 | +570.7% |
| Profit (loss) for the period to be appropriated | 9905 | €21,473 | €144,020 | +€122,547 | +570.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.