DRIVE TALK: 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 TALK
Largest movements
- Cash +€380,325
up €380,325 (+170.9%), from €222,517 to €602,842
mainly Net result for the year (+€296,212) and Tax, wage and social debts (+€97,042)
- Receivables within one year -€88,098
down €88,098 (-44.9%), from €196,063 to €107,964
of which Trade receivables: -€66,849
- Profit (loss) carried forward +€296,212
up €296,212 (+101.1%), from €292,926 to €589,137
- Accrued charges and deferred income -€157,246
down €157,246 (-66.6%), from €236,020 to €78,774
- Tax, wage and social debts +€97,042
up €97,042 (+71.0%), from €136,689 to €233,731
- Trade debts +€61,500
up €61,500 (+54.2%), from €113,378 to €174,878
- Gross operating margin +€167,043
up €167,043 (+62.8%), from €265,864 to €432,907
- Taxes +€52,860
up €52,860 (+70.3%), from €75,238 to €128,098
- Financial income -€6,879
down €6,879 (-72.5%), from €9,485 to €2,606
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €823,463 | €1,120,970 | +€297,507 | +36.1% |
| Fixed assets | 21/28 | €301,309 | €300,856 | -€453 | -0.2% |
| Tangible fixed assets | 22/27 | €1,309 | €856 | -€453 | -34.6% |
| Furniture and vehicles | 24 | €1,309 | €856 | -€453 | -34.6% |
| Financial fixed assets | 28 | €300,000 | €300,000 | = | 0.0% |
| Current assets | 29/58 | €522,154 | €820,114 | +€297,960 | +57.1% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €196,063 | €107,964 | -€88,098 | -44.9% |
| Trade receivables | 40 | €108,506 | €41,657 | -€66,849 | -61.6% |
| Other amounts receivable | 41 | €87,556 | €66,307 | -€21,249 | -24.3% |
| Cash at bank and in hand | 54/58 | €222,517 | €602,842 | +€380,325 | +170.9% |
| Deferred charges and accrued income | 490/1 | €3,574 | €9,308 | +€5,733 | +160.4% |
| Total equity and liabilities | 10/49 | €823,463 | €1,120,970 | +€297,507 | +36.1% |
| Equity | 10/15 | €317,926 | €614,137 | +€296,212 | +93.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €292,926 | €589,137 | +€296,212 | +101.1% |
| Amounts payable | 17/49 | €505,538 | €506,833 | +€1,295 | +0.3% |
| Amounts payable within one year | 42/48 | €269,518 | €428,059 | +€158,541 | +58.8% |
| Trade debts | 44 | €113,378 | €174,878 | +€61,500 | +54.2% |
| Suppliers | 440/4 | €113,378 | €174,878 | +€61,500 | +54.2% |
| Taxes, remuneration and social security | 45 | €136,689 | €233,731 | +€97,042 | +71.0% |
| Taxes | 450/3 | €136,689 | €233,731 | +€97,042 | +71.0% |
| Other amounts payable | 47/48 | €19,451 | €19,451 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €236,020 | €78,774 | -€157,246 | -66.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51 | €453 | +€402 | +790.2% |
| Other operating charges | 640/8 | €7,332 | €3,702 | -€3,629 | -49.5% |
| Gross operating margin | 9900 | €265,864 | €432,907 | +€167,043 | +62.8% |
| Operating profit (loss) | 9901 | €258,481 | €428,751 | +€170,270 | +65.9% |
| Financial income | 75/76B | €9,485 | €2,606 | -€6,879 | -72.5% |
| Recurring financial income | 75 | €9,485 | €2,606 | -€6,879 | -72.5% |
| Financial charges | 65/66B | €4,815 | €7,047 | +€2,232 | +46.4% |
| Recurring financial charges | 65 | €4,815 | €7,047 | +€2,232 | +46.4% |
| Profit (loss) for the period before taxes | 9903 | €263,151 | €424,309 | +€161,159 | +61.2% |
| Income taxes | 67/77 | €75,238 | €128,098 | +€52,860 | +70.3% |
| Profit (loss) for the period | 9904 | €187,913 | €296,212 | +€108,299 | +57.6% |
| Profit (loss) for the period to be appropriated | 9905 | €187,913 | €296,212 | +€108,299 | +57.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.