DrivE Tech: 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 Tech
Largest movements
- Cash -€74,434
down €74,434 (-79.1%), from €94,144 to €19,710
mainly Investment in fixed assets (net) (-€26,786) and Tax, wage and social debts (-€23,189)
- Tangible fixed assets +€16,977
up €16,977 (+47.8%), from €35,545 to €52,522
of which Furniture and vehicles: +€14,126
- Receivables within one year +€6,156
up €6,156 (+102.9%), from €5,982 to €12,138
of which Other amounts receivable: +€6,156
- Tax, wage and social debts -€23,189
down €23,189 (-99.3%), from €23,364 to €175
- Profit (loss) carried forward -€15,337
down €15,337 (-21.4%), from €71,810 to €56,474
- Debts after one year -€6,672
down €6,672 (-27.2%), from €24,550 to €17,878
- Other debts -€3,048
no longer reported in 2024 (was €3,048)
- Trade debts -€1,499
down €1,499 (-44.0%), from €3,408 to €1,909
- Gross operating margin -€32,950
down €32,950, from €27,979 to -€4,971
- Taxes -€4,213
down €4,213 (-96.0%), from €4,388 to €175
- Financial charges -€931
down €931 (-60.5%), from €1,540 to €608
- Financial income +€288
new in 2024: €288
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 | €135,670 | €84,807 | -€50,863 | -37.5% |
| Fixed assets | 21/28 | €35,545 | €52,522 | +€16,977 | +47.8% |
| Tangible fixed assets | 22/27 | €35,545 | €52,522 | +€16,977 | +47.8% |
| Land and buildings | 22 | - | €2,851 | +€2,851 | |
| Furniture and vehicles | 24 | €35,545 | €49,671 | +€14,126 | +39.7% |
| Current assets | 29/58 | €100,126 | €32,285 | -€67,841 | -67.8% |
| Amounts receivable within one year | 40/41 | €5,982 | €12,138 | +€6,156 | +102.9% |
| Trade receivables | 40 | €2,105 | €2,105 | = | 0.0% |
| Other amounts receivable | 41 | €3,877 | €10,034 | +€6,156 | +158.8% |
| Cash at bank and in hand | 54/58 | €94,144 | €19,710 | -€74,434 | -79.1% |
| Deferred charges and accrued income | 490/1 | - | €437 | +€437 | |
| Total equity and liabilities | 10/49 | €135,670 | €84,807 | -€50,863 | -37.5% |
| Equity | 10/15 | €73,510 | €58,174 | -€15,337 | -20.9% |
| Contributions | 10/11 | €1,700 | €1,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,810 | €56,474 | -€15,337 | -21.4% |
| Amounts payable | 17/49 | €62,160 | €26,633 | -€35,527 | -57.2% |
| Amounts payable after more than one year | 17 | €24,550 | €17,878 | -€6,672 | -27.2% |
| Financial debts | 170/4 | €24,550 | €17,878 | -€6,672 | -27.2% |
| Amounts payable within one year | 42/48 | €37,610 | €8,756 | -€28,855 | -76.7% |
| Current portion of amounts payable after more than one year | 42 | €7,791 | €6,672 | -€1,118 | -14.4% |
| Trade debts | 44 | €3,408 | €1,909 | -€1,499 | -44.0% |
| Suppliers | 440/4 | €3,408 | €1,909 | -€1,499 | -44.0% |
| Taxes, remuneration and social security | 45 | €23,364 | €175 | -€23,189 | -99.3% |
| Taxes | 450/3 | €23,364 | €175 | -€23,189 | -99.3% |
| Other amounts payable | 47/48 | €3,048 | - | -€3,048 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,582 | €9,809 | +€227 | +2.4% |
| Other operating charges | 640/8 | €62 | €62 | = | 0.0% |
| Gross operating margin | 9900 | €27,979 | -€4,971 | -€32,950 | |
| Operating profit (loss) | 9901 | €18,335 | -€14,842 | -€33,177 | |
| Financial income | 75/76B | - | €288 | +€288 | |
| Recurring financial income | 75 | - | €288 | +€288 | |
| Financial charges | 65/66B | €1,540 | €608 | -€931 | -60.5% |
| Recurring financial charges | 65 | €1,540 | €608 | -€931 | -60.5% |
| Profit (loss) for the period before taxes | 9903 | €16,796 | -€15,162 | -€31,958 | |
| Income taxes | 67/77 | €4,388 | €175 | -€4,213 | -96.0% |
| Profit (loss) for the period | 9904 | €12,407 | -€15,337 | -€27,744 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,407 | -€15,337 | -€27,744 |
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 11 October 2026 via checked.be.