ADRIVE: what changed
ADRIVE
Largest movements
- Cash +€135,195
up €135,195 (+69.0%), from €195,891 to €331,086
mainly Net result for the year (+€189,715) and Depreciation (+€28,986)
- Current investments +€55,126
up €55,126 (+24.0%), from €229,742 to €284,868
- Tangible fixed assets -€23,610
down €23,610 (-30.5%), from €77,343 to €53,733
of which Furniture and vehicles: -€22,262
- Receivables within one year +€15,469
up €15,469 (+34.0%), from €45,442 to €60,911
- Reserves +€191,471
up €191,471 (+38.4%), from €498,529 to €690,000
- Financial charges +€69,227
up €69,227 (+69,687%), from €99 to €69,326
- Gross operating margin +€11,050
up €11,050 (+3.2%), from €347,041 to €358,091
- Financial income +€8,715
up €8,715 (+144%), from €6,033 to €14,748
- Taxes +€6,779
up €6,779 (+8.9%), from €76,493 to €83,271
- Depreciation +€4,757
up €4,757 (+19.6%), from €24,230 to €28,986
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €551,464 | €734,163 | +€182,699 | +33.1% |
| Fixed assets | 21/28 | €77,343 | €53,733 | -€23,610 | -30.5% |
| Tangible fixed assets | 22/27 | €77,343 | €53,733 | -€23,610 | -30.5% |
| Furniture and vehicles | 24 | €55,194 | €32,931 | -€22,262 | -40.3% |
| Other tangible fixed assets | 26 | €22,150 | €20,802 | -€1,348 | -6.1% |
| Current assets | 29/58 | €474,120 | €680,430 | +€206,310 | +43.5% |
| Amounts receivable within one year | 40/41 | €45,442 | €60,911 | +€15,469 | +34.0% |
| Trade receivables | 40 | €45,442 | €60,911 | +€15,469 | +34.0% |
| Current investments | 50/53 | €229,742 | €284,868 | +€55,126 | +24.0% |
| Cash at bank and in hand | 54/58 | €195,891 | €331,086 | +€135,195 | +69.0% |
| Deferred charges and accrued income | 490/1 | €3,046 | €3,565 | +€519 | +17.0% |
| Total equity and liabilities | 10/49 | €551,464 | €734,163 | +€182,699 | +33.1% |
| Equity | 10/15 | €505,918 | €695,633 | +€189,715 | +37.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €498,529 | €690,000 | +€191,471 | +38.4% |
| Distributable reserves | 133 | €498,529 | €690,000 | +€191,471 | +38.4% |
| Profit (loss) carried forward | 14 | €2,388 | €633 | -€1,756 | -73.5% |
| Amounts payable | 17/49 | €45,546 | €38,530 | -€7,016 | -15.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €45,546 | €38,530 | -€7,016 | -15.4% |
| Current portion of amounts payable after more than one year | 42 | €1,013 | €0 | -€1,013 | -100% |
| Trade debts | 44 | €7,473 | €4,558 | -€2,915 | -39.0% |
| Suppliers | 440/4 | €7,473 | €4,558 | -€2,915 | -39.0% |
| Advances received on contracts in progress | 46 | - | €375 | +€375 | |
| Taxes, remuneration and social security | 45 | €37,060 | €33,597 | -€3,463 | -9.3% |
| Taxes | 450/3 | €37,060 | €33,597 | -€3,463 | -9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,230 | €28,986 | +€4,757 | +19.6% |
| Other operating charges | 640/8 | €1,497 | €1,540 | +€43 | +2.9% |
| Gross operating margin | 9900 | €347,041 | €358,091 | +€11,050 | +3.2% |
| Operating profit (loss) | 9901 | €321,315 | €327,564 | +€6,250 | +1.9% |
| Financial income | 75/76B | €6,033 | €14,748 | +€8,715 | +144% |
| Recurring financial income | 75 | €6,033 | €14,748 | +€8,715 | +144% |
| Financial charges | 65/66B | €99 | €69,326 | +€69,227 | +69,687% |
| Recurring financial charges | 65 | €99 | €69,326 | +€69,227 | +69,687% |
| Profit (loss) for the period before taxes | 9903 | €327,248 | €272,986 | -€54,262 | -16.6% |
| Income taxes | 67/77 | €76,493 | €83,271 | +€6,779 | +8.9% |
| Profit (loss) for the period | 9904 | €250,755 | €189,715 | -€61,040 | -24.3% |
| Profit (loss) for the period to be appropriated | 9905 | €250,755 | €189,715 | -€61,040 | -24.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.