DRIVE ACADEMY: 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.
DRIVE ACADEMY
Largest movements
- Tangible fixed assets +€29,527
up €29,527 (+73.6%), from €40,131 to €69,658
- Cash -€18,191
down €18,191 (-21.6%), from €84,302 to €66,110
mainly Investment in fixed assets (net) (-€33,181) and Other debts (-€20,520)
- Receivables within one year -€2,597
no longer reported in 2025 (was €2,597)
- Deferred charges and accrued income +€1,497
up €1,497 (+47.9%), from €3,128 to €4,625
- Trade debts +€45,058
up €45,058 (+110.9%), from €40,614 to €85,672
- Other debts -€20,520
down €20,520 (-91.4%), from €22,446 to €1,926
- Tax, wage and social debts -€12,220
down €12,220 (-34.3%), from €35,659 to €23,439
of which Taxes: -€7,431
- Debts after one year -€4,302
down €4,302 (-34.5%), from €12,476 to €8,174
- Profit (loss) carried forward +€3,158
up €3,158 (+67.2%), from -€4,700 to -€1,542
- Gross operating margin -€68,011
down €68,011 (-54.3%), from €125,323 to €57,312
- Staff costs -€32,756
down €32,756 (-64.3%), from €50,927 to €18,170
- Taxes -€6,063
down €6,063 (-23.5%), from €25,833 to €19,770
- Other operating charges +€5,085
up €5,085 (+49.7%), from €10,222 to €15,307
- Depreciation -€2,706
down €2,706 (-42.5%), from €6,360 to €3,654
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 | €130,606 | €140,843 | +€10,236 | +7.8% |
| Fixed assets | 21/28 | €40,581 | €70,108 | +€29,527 | +72.8% |
| Tangible fixed assets | 22/27 | €40,131 | €69,658 | +€29,527 | +73.6% |
| Furniture and vehicles | 24 | €40,131 | €69,658 | +€29,527 | +73.6% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €90,026 | €70,735 | -€19,291 | -21.4% |
| Amounts receivable within one year | 40/41 | €2,597 | - | -€2,597 | |
| Trade receivables | 40 | €2,597 | - | -€2,597 | |
| Cash at bank and in hand | 54/58 | €84,302 | €66,110 | -€18,191 | -21.6% |
| Deferred charges and accrued income | 490/1 | €3,128 | €4,625 | +€1,497 | +47.9% |
| Total equity and liabilities | 10/49 | €130,606 | €140,843 | +€10,236 | +7.8% |
| Equity | 10/15 | €15,760 | €18,918 | +€3,158 | +20.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,700 | -€1,542 | +€3,158 | +67.2% |
| Amounts payable | 17/49 | €114,846 | €121,925 | +€7,078 | +6.2% |
| Amounts payable after more than one year | 17 | €12,476 | €8,174 | -€4,302 | -34.5% |
| Financial debts | 170/4 | €12,476 | €8,174 | -€4,302 | -34.5% |
| Amounts payable within one year | 42/48 | €102,371 | €113,751 | +€11,380 | +11.1% |
| Current portion of amounts payable after more than one year | 42 | €3,653 | €2,714 | -€939 | -25.7% |
| Trade debts | 44 | €40,614 | €85,672 | +€45,058 | +110.9% |
| Suppliers | 440/4 | €40,614 | €85,672 | +€45,058 | +110.9% |
| Taxes, remuneration and social security | 45 | €35,659 | €23,439 | -€12,220 | -34.3% |
| Taxes | 450/3 | €30,871 | €23,439 | -€7,431 | -24.1% |
| Remuneration and social security | 454/9 | €4,788 | - | -€4,788 | |
| Other amounts payable | 47/48 | €22,446 | €1,926 | -€20,520 | -91.4% |
| Remuneration, social security and pensions | 62 | €50,927 | €18,170 | -€32,756 | -64.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,360 | €3,654 | -€2,706 | -42.5% |
| Other operating charges | 640/8 | €10,222 | €15,307 | +€5,085 | +49.7% |
| Non-recurring operating charges | 66A | €1,333 | - | -€1,333 | |
| Gross operating margin | 9900 | €125,323 | €57,312 | -€68,011 | -54.3% |
| Operating profit (loss) | 9901 | €56,481 | €20,181 | -€36,299 | -64.3% |
| Financial income | 75/76B | €1,183 | €3,745 | +€2,561 | +216.5% |
| Recurring financial income | 75 | €1,183 | €3,745 | +€2,561 | +216.5% |
| Financial charges | 65/66B | €3,409 | €997 | -€2,412 | -70.7% |
| Recurring financial charges | 65 | €3,409 | €997 | -€2,412 | -70.7% |
| Profit (loss) for the period before taxes | 9903 | €54,254 | €22,928 | -€31,326 | -57.7% |
| Income taxes | 67/77 | €25,833 | €19,770 | -€6,063 | -23.5% |
| Profit (loss) for the period | 9904 | €28,421 | €3,158 | -€25,263 | -88.9% |
| Profit (loss) for the period to be appropriated | 9905 | €28,421 | €3,158 | -€25,263 | -88.9% |
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 6 October 2026 via checked.be.