AE WE-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.
AE WE-DRIVE
Largest movements
- Cash -€32,866
down €32,866 (-78.4%), from €41,925 to €9,059
mainly Receivables within one year (-€23,031) and Net result for the year (-€12,280)
- Receivables within one year +€23,031
up €23,031 (+130.4%), from €17,658 to €40,688
of which Other amounts receivable: +€19,401
- Tangible fixed assets -€7,051
down €7,051 (-83.7%), from €8,428 to €1,377
- Profit (loss) carried forward -€12,280
down €12,280 (-36.4%), from €33,733 to €21,452
- Trade debts -€4,317
down €4,317 (-88.2%), from €4,895 to €578
- Gross operating margin -€14,524
down €14,524, from €11,371 to -€3,153
- Financial income -€7,265
no longer reported in 2025 (was €7,265)
of which Financial income: -€7,265
- Depreciation -€3,652
down €3,652 (-34.1%), from €10,702 to €7,051
- Financial charges -€1,066
down €1,066 (-87.4%), from €1,219 to €153
- Taxes -€509
down €509 (-45.9%), from €1,109 to €600
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 | €70,011 | €53,125 | -€16,886 | -24.1% |
| Fixed assets | 21/28 | €10,428 | €3,377 | -€7,051 | -67.6% |
| Tangible fixed assets | 22/27 | €8,428 | €1,377 | -€7,051 | -83.7% |
| Furniture and vehicles | 24 | €8,428 | €1,377 | -€7,051 | -83.7% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €59,582 | €49,747 | -€9,835 | -16.5% |
| Amounts receivable within one year | 40/41 | €17,658 | €40,688 | +€23,031 | +130.4% |
| Trade receivables | 40 | €1,694 | €5,324 | +€3,630 | +214.3% |
| Other amounts receivable | 41 | €15,964 | €35,364 | +€19,401 | +121.5% |
| Cash at bank and in hand | 54/58 | €41,925 | €9,059 | -€32,866 | -78.4% |
| Total equity and liabilities | 10/49 | €70,011 | €53,125 | -€16,886 | -24.1% |
| Equity | 10/15 | €52,333 | €40,052 | -€12,280 | -23.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,733 | €21,452 | -€12,280 | -36.4% |
| Amounts payable | 17/49 | €17,678 | €13,072 | -€4,606 | -26.1% |
| Amounts payable within one year | 42/48 | €17,678 | €13,072 | -€4,606 | -26.1% |
| Trade debts | 44 | €4,895 | €578 | -€4,317 | -88.2% |
| Suppliers | 440/4 | €4,895 | €578 | -€4,317 | -88.2% |
| Taxes, remuneration and social security | 45 | €12,783 | €12,495 | -€289 | -2.3% |
| Taxes | 450/3 | €12,783 | €12,495 | -€289 | -2.3% |
| Non-recurring operating income | 76A | - | €1,175 | +€1,175 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,702 | €7,051 | -€3,652 | -34.1% |
| Other operating charges | 640/8 | €1,131 | €1,323 | +€191 | +16.9% |
| Gross operating margin | 9900 | €11,371 | -€3,153 | -€14,524 | |
| Operating profit (loss) | 9901 | -€463 | -€11,527 | -€11,064 | -2388.2% |
| Financial income | 75/76B | €7,265 | - | -€7,265 | |
| Recurring financial income | 75 | €7,265 | - | -€7,265 | |
| Non-recurring financial income | 76B | €7,265 | - | -€7,265 | |
| Financial charges | 65/66B | €1,219 | €153 | -€1,066 | -87.4% |
| Recurring financial charges | 65 | €1,219 | €153 | -€1,066 | -87.4% |
| Profit (loss) for the period before taxes | 9903 | €5,583 | -€11,680 | -€17,263 | |
| Income taxes | 67/77 | €1,109 | €600 | -€509 | -45.9% |
| Profit (loss) for the period | 9904 | €4,473 | -€12,280 | -€16,754 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,473 | -€12,280 | -€16,754 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.