DRIVANCO: 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.
DRIVANCO
Largest movements
- Tangible fixed assets +€44,186
up €44,186 (+171%), from €25,781 to €69,967
of which Furniture and vehicles: +€40,030
- Cash -€16,917
down €16,917 (-54.0%), from €31,338 to €14,420
mainly Investment in fixed assets (net) (-€44,731) and Contributions, distributions and other (-€20,000)
- Financial fixed assets -€10,000
down €10,000 (-100%), from €10,000 to €0
- Receivables within one year -€6,620
down €6,620 (-22.0%), from €30,107 to €23,487
of which Trade receivables: -€5,949
- Deferred charges and accrued income +€3,401
up €3,401 (+209%), from €1,631 to €5,032
- Other debts +€10,000
up €10,000 (+100%), from €10,000 to €20,000
- Reserves +€9,929
up €9,929 (+14.2%), from €69,837 to €79,766
- Short-term financial debts -€2,972
down €2,972 (-33.5%), from €8,859 to €5,887
- Current portion of long-term debt -€1,955
down €1,955 (-100%), from €1,955 to €0
- Financial charges +€7,132
up €7,132 (+898%), from €794 to €7,926
- Gross operating margin +€2,628
up €2,628 (+4.2%), from €62,917 to €65,545
- Taxes -€1,159
down €1,159 (-9.2%), from €12,602 to €11,443
- Other operating charges +€1,054
up €1,054 (+67.1%), from €1,572 to €2,627
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.
Derived cash bridge
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 | €98,857 | €112,907 | +€14,050 | +14.2% |
| Fixed assets | 21/28 | €35,781 | €69,967 | +€34,186 | +95.5% |
| Tangible fixed assets | 22/27 | €25,781 | €69,967 | +€44,186 | +171% |
| Plant, machinery and equipment | 23 | €0 | €1,774 | +€1,774 | |
| Furniture and vehicles | 24 | €21,916 | €61,946 | +€40,030 | +183% |
| Other tangible fixed assets | 26 | €3,865 | €6,247 | +€2,382 | +61.6% |
| Financial fixed assets | 28 | €10,000 | €0 | -€10,000 | -100% |
| Current assets | 29/58 | €63,076 | €42,940 | -€20,136 | -31.9% |
| Amounts receivable within one year | 40/41 | €30,107 | €23,487 | -€6,620 | -22.0% |
| Trade receivables | 40 | €22,465 | €16,517 | -€5,949 | -26.5% |
| Other amounts receivable | 41 | €7,642 | €6,971 | -€671 | -8.8% |
| Cash at bank and in hand | 54/58 | €31,338 | €14,420 | -€16,917 | -54.0% |
| Deferred charges and accrued income | 490/1 | €1,631 | €5,032 | +€3,401 | +209% |
| Total equity and liabilities | 10/49 | €98,857 | €112,907 | +€14,050 | +14.2% |
| Equity | 10/15 | €72,837 | €82,766 | +€9,929 | +13.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €69,837 | €79,766 | +€9,929 | +14.2% |
| Distributable reserves | 133 | €69,837 | €79,766 | +€9,929 | +14.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €26,019 | €30,141 | +€4,121 | +15.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €25,874 | €30,141 | +€4,267 | +16.5% |
| Current portion of amounts payable after more than one year | 42 | €1,955 | €0 | -€1,955 | -100% |
| Financial debts | 43 | €8,859 | €5,887 | -€2,972 | -33.5% |
| Credit institutions | 430/8 | €8,859 | €5,887 | -€2,972 | -33.5% |
| Trade debts | 44 | €1,972 | €850 | -€1,122 | -56.9% |
| Suppliers | 440/4 | €1,972 | €850 | -€1,122 | -56.9% |
| Taxes, remuneration and social security | 45 | €3,088 | €3,403 | +€315 | +10.2% |
| Taxes | 450/3 | €3,088 | €3,403 | +€315 | +10.2% |
| Other amounts payable | 47/48 | €10,000 | €20,000 | +€10,000 | +100% |
| Accrued charges and deferred income | 492/3 | €146 | €0 | -€146 | -100% |
| Non-recurring operating income | 76A | - | €17,647 | +€17,647 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,580 | €10,545 | -€35 | -0.3% |
| Other operating charges | 640/8 | €1,572 | €2,627 | +€1,054 | +67.1% |
| Non-recurring operating charges | 66A | - | €3,076 | +€3,076 | |
| Gross operating margin | 9900 | €62,917 | €65,545 | +€2,628 | +4.2% |
| Operating profit (loss) | 9901 | €50,765 | €49,298 | -€1,467 | -2.9% |
| Financial income | 75/76B | €0 | €0 | +€0 | +3,500% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +3,500% |
| Financial charges | 65/66B | €794 | €7,926 | +€7,132 | +898% |
| Recurring financial charges | 65 | €794 | €7,926 | +€7,132 | +898% |
| Profit (loss) for the period before taxes | 9903 | €49,971 | €41,372 | -€8,599 | -17.2% |
| Income taxes | 67/77 | €12,602 | €11,443 | -€1,159 | -9.2% |
| Profit (loss) for the period | 9904 | €37,368 | €29,929 | -€7,439 | -19.9% |
| Profit (loss) for the period to be appropriated | 9905 | €37,368 | €29,929 | -€7,439 | -19.9% |
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 19 October 2026 via checked.be.