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.
DRIVE
Largest movements
- Financial fixed assets -€250,000
no longer reported in 2025 (was €250,000)
- Receivables within one year +€12,957
up €12,957 (+223.7%), from €5,791 to €18,748
of which Other amounts receivable: +€11,683
- Stocks and contracts +€12,761
new in 2025: €12,761
- Tangible fixed assets +€5,404
up €5,404 (+151.0%), from €3,578 to €8,982
of which Furniture and vehicles: +€4,031
- Cash +€2,940
up €2,940 (+158.8%), from €1,851 to €4,791
mainly Investment in fixed assets (net) (+€241,784) and Trade debts (+€2,877)
- Debts after one year -€136,288
no longer reported in 2025 (was €136,288)
- Other debts -€37,862
down €37,862 (-90.4%), from €41,889 to €4,027
- Current portion of long-term debt -€21,422
no longer reported in 2025 (was €21,422)
- Profit (loss) carried forward -€18,473
down €18,473, from €16,467 to -€2,006
- Accrued charges and deferred income -€3,291
no longer reported in 2025 (was €3,291)
- Gross operating margin -€43,083
down €43,083, from €30,819 to -€12,264
- Taxes -€6,217
no longer reported in 2025 (was €6,217)
- Financial charges -€3,330
down €3,330 (-71.1%), from €4,683 to €1,353
- Depreciation +€1,303
up €1,303 (+86.4%), from €1,509 to €2,812
- Other operating charges +€959
up €959 (+88.5%), from €1,084 to €2,043
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 | €263,720 | €46,736 | -€216,984 | -82.3% |
| Fixed assets | 21/28 | €253,578 | €8,982 | -€244,596 | -96.5% |
| Tangible fixed assets | 22/27 | €3,578 | €8,982 | +€5,404 | +151.0% |
| Plant, machinery and equipment | 23 | €291 | €1,663 | +€1,372 | +471.7% |
| Furniture and vehicles | 24 | €3,287 | €7,318 | +€4,031 | +122.6% |
| Financial fixed assets | 28 | €250,000 | - | -€250,000 | |
| Current assets | 29/58 | €10,142 | €37,754 | +€27,613 | +272.3% |
| Stocks and contracts in progress | 3 | - | €12,761 | +€12,761 | |
| Stocks | 30/36 | - | €12,761 | +€12,761 | |
| Amounts receivable within one year | 40/41 | €5,791 | €18,748 | +€12,957 | +223.7% |
| Trade receivables | 40 | - | €1,274 | +€1,274 | |
| Other amounts receivable | 41 | €5,791 | €17,474 | +€11,683 | +201.8% |
| Cash at bank and in hand | 54/58 | €1,851 | €4,791 | +€2,940 | +158.8% |
| Deferred charges and accrued income | 490/1 | €2,500 | €1,455 | -€1,045 | -41.8% |
| Total equity and liabilities | 10/49 | €263,720 | €46,736 | -€216,984 | -82.3% |
| Equity | 10/15 | €57,497 | €39,024 | -€18,473 | -32.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €38,530 | €38,530 | = | 0.0% |
| Distributable reserves | 133 | €38,530 | €38,530 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,467 | -€2,006 | -€18,473 | |
| Amounts payable | 17/49 | €206,223 | €7,712 | -€198,511 | -96.3% |
| Amounts payable after more than one year | 17 | €136,288 | - | -€136,288 | |
| Financial debts | 170/4 | €136,288 | - | -€136,288 | |
| Amounts payable within one year | 42/48 | €66,645 | €7,712 | -€58,932 | -88.4% |
| Current portion of amounts payable after more than one year | 42 | €21,422 | - | -€21,422 | |
| Trade debts | 44 | €809 | €3,685 | +€2,877 | +355.7% |
| Suppliers | 440/4 | €809 | €3,685 | +€2,877 | +355.7% |
| Taxes, remuneration and social security | 45 | €2,525 | - | -€2,525 | |
| Taxes | 450/3 | €2,525 | - | -€2,525 | |
| Other amounts payable | 47/48 | €41,889 | €4,027 | -€37,862 | -90.4% |
| Accrued charges and deferred income | 492/3 | €3,291 | - | -€3,291 | |
| Non-recurring operating income | 76A | - | €25,000 | +€25,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,509 | €2,812 | +€1,303 | +86.4% |
| Other operating charges | 640/8 | €1,084 | €2,043 | +€959 | +88.5% |
| Gross operating margin | 9900 | €30,819 | -€12,264 | -€43,083 | |
| Operating profit (loss) | 9901 | €28,226 | -€17,120 | -€45,346 | |
| Financial charges | 65/66B | €4,683 | €1,353 | -€3,330 | -71.1% |
| Recurring financial charges | 65 | €4,683 | €1,353 | -€3,330 | -71.1% |
| Profit (loss) for the period before taxes | 9903 | €23,543 | -€18,473 | -€42,016 | |
| Income taxes | 67/77 | €6,217 | - | -€6,217 | |
| Profit (loss) for the period | 9904 | €17,326 | -€18,473 | -€35,799 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,326 | -€18,473 | -€35,799 |
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 9 October 2026 via checked.be.