DRIVE SOUTH: what changed
DRIVE SOUTH
Largest movements
- Cash -€28,647
down €28,647 (-25.0%), from €114,401 to €85,754
- Receivables within one year -€25,894
down €25,894 (-80.7%), from €32,102 to €6,208
of which Trade receivables: -€29,402
- Tangible fixed assets -€2,135
down €2,135 (-62.4%), from €3,423 to €1,289
of which Furniture and vehicles: -€1,420
- Profit (loss) carried forward -€59,850
no longer reported in 2025 (was €59,850)
- Reserves +€40,473
up €40,473 (+87.0%), from €46,512 to €86,984
- Tax, wage and social debts -€24,775
no longer reported in 2025 (was €24,775)
- Advances received -€10,436
no longer reported in 2025 (was €10,436)
- Trade debts -€2,852
down €2,852 (-97.7%), from €2,919 to €67
- Gross operating margin -€37,646
down €37,646 (-99.1%), from €37,994 to €348
- Taxes -€10,996
no longer reported in 2025 (was €10,996)
- Financial charges -€957
down €957 (-86.0%), from €1,113 to €156
- Depreciation -€663
down €663 (-41.2%), from €1,608 to €945
Change in the result, 2023 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
A cash bridge needs two consecutive financial years. One year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €151,250 | €93,251 | -€57,999 | -38.3% |
| Fixed assets | 21/28 | €3,423 | €1,289 | -€2,135 | -62.4% |
| Tangible fixed assets | 22/27 | €3,423 | €1,289 | -€2,135 | -62.4% |
| Plant, machinery and equipment | 23 | €876 | €161 | -€715 | -81.7% |
| Furniture and vehicles | 24 | €2,547 | €1,128 | -€1,420 | -55.7% |
| Current assets | 29/58 | €147,827 | €91,962 | -€55,864 | -37.8% |
| Amounts receivable within one year | 40/41 | €32,102 | €6,208 | -€25,894 | -80.7% |
| Trade receivables | 40 | €32,102 | €2,700 | -€29,402 | -91.6% |
| Other amounts receivable | 41 | - | €3,508 | +€3,508 | |
| Cash at bank and in hand | 54/58 | €114,401 | €85,754 | -€28,647 | -25.0% |
| Deferred charges and accrued income | 490/1 | €1,324 | - | -€1,324 | |
| Total equity and liabilities | 10/49 | €151,250 | €93,251 | -€57,999 | -38.3% |
| Equity | 10/15 | €112,562 | €93,184 | -€19,378 | -17.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €46,512 | €86,984 | +€40,473 | +87.0% |
| Distributable reserves | 133 | €46,512 | €86,984 | +€40,473 | +87.0% |
| Profit (loss) carried forward | 14 | €59,850 | - | -€59,850 | |
| Amounts payable | 17/49 | €38,688 | €67 | -€38,621 | -99.8% |
| Amounts payable within one year | 42/48 | €38,688 | €67 | -€38,621 | -99.8% |
| Trade debts | 44 | €2,919 | €67 | -€2,852 | -97.7% |
| Suppliers | 440/4 | €2,919 | €67 | -€2,852 | -97.7% |
| Advances received on contracts in progress | 46 | €10,436 | - | -€10,436 | |
| Taxes, remuneration and social security | 45 | €24,775 | - | -€24,775 | |
| Taxes | 450/3 | €24,775 | - | -€24,775 | |
| Other amounts payable | 47/48 | €558 | - | -€558 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,608 | €945 | -€663 | -41.2% |
| Other operating charges | 640/8 | €781 | €507 | -€273 | -35.0% |
| Gross operating margin | 9900 | €37,994 | €348 | -€37,646 | -99.1% |
| Operating profit (loss) | 9901 | €35,606 | -€1,104 | -€36,710 | |
| Financial income | 75/76B | €544 | €168 | -€377 | -69.2% |
| Recurring financial income | 75 | €544 | €168 | -€377 | -69.2% |
| Financial charges | 65/66B | €1,113 | €156 | -€957 | -86.0% |
| Recurring financial charges | 65 | €1,113 | €156 | -€957 | -86.0% |
| Profit (loss) for the period before taxes | 9903 | €35,038 | -€1,092 | -€36,130 | |
| Income taxes | 67/77 | €10,996 | - | -€10,996 | |
| Profit (loss) for the period | 9904 | €24,042 | -€1,092 | -€25,134 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,042 | -€1,092 | -€25,134 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.