DRIVE TO: 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 TO
Largest movements
- Cash -€1,420
down €1,420 (-97.6%), from €1,455 to €35
mainly Net result for the year (-€2,791) and Trade debts (-€2,502)
- Receivables within one year -€1,294
down €1,294 (-41.0%), from €3,160 to €1,866
of which Trade receivables: -€1,303
- Tangible fixed assets -€1,252
down €1,252 (-54.2%), from €2,310 to €1,058
of which Furniture and vehicles: -€889
- Profit (loss) carried forward -€2,791
down €2,791 (-7.2%), from -€38,848 to -€41,640
- Trade debts -€2,502
down €2,502 (-69.3%), from €3,611 to €1,110
- Other debts +€1,318
up €1,318 (+4.0%), from €32,997 to €34,315
- Gross operating margin -€3,727
down €3,727 (-84.7%), from €4,401 to €674
- Depreciation -€668
down €668 (-34.8%), from €1,920 to €1,252
- Other operating charges -€417
down €417 (-17.7%), from €2,362 to €1,944
- Financial charges -€205
down €205 (-43.3%), from €475 to €269
- Staff costs -€160
no longer reported in 2025 (was €160)
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.
Derived cash bridge
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 | €6,925 | €2,959 | -€3,966 | -57.3% |
| Fixed assets | 21/28 | €2,310 | €1,058 | -€1,252 | -54.2% |
| Tangible fixed assets | 22/27 | €2,310 | €1,058 | -€1,252 | -54.2% |
| Furniture and vehicles | 24 | €889 | - | -€889 | |
| Other tangible fixed assets | 26 | €535 | €295 | -€240 | -44.8% |
| Assets under construction and advance payments | 27 | €886 | €763 | -€123 | -13.9% |
| Current assets | 29/58 | €4,615 | €1,901 | -€2,714 | -58.8% |
| Amounts receivable within one year | 40/41 | €3,160 | €1,866 | -€1,294 | -41.0% |
| Trade receivables | 40 | €1,843 | €540 | -€1,303 | -70.7% |
| Other amounts receivable | 41 | €1,316 | €1,325 | +€9 | +0.7% |
| Cash at bank and in hand | 54/58 | €1,455 | €35 | -€1,420 | -97.6% |
| Total equity and liabilities | 10/49 | €6,925 | €2,959 | -€3,966 | -57.3% |
| Equity | 10/15 | -€30,788 | -€33,580 | -€2,791 | -9.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 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 | -€38,848 | -€41,640 | -€2,791 | -7.2% |
| Amounts payable | 17/49 | €37,713 | €36,539 | -€1,175 | -3.1% |
| Amounts payable within one year | 42/48 | €37,713 | €36,539 | -€1,175 | -3.1% |
| Trade debts | 44 | €3,611 | €1,110 | -€2,502 | -69.3% |
| Suppliers | 440/4 | €3,611 | €1,110 | -€2,502 | -69.3% |
| Taxes, remuneration and social security | 45 | €1,105 | €1,114 | +€9 | +0.8% |
| Taxes | 450/3 | €1,105 | €1,114 | +€9 | +0.8% |
| Other amounts payable | 47/48 | €32,997 | €34,315 | +€1,318 | +4.0% |
| Remuneration, social security and pensions | 62 | €160 | - | -€160 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,920 | €1,252 | -€668 | -34.8% |
| Other operating charges | 640/8 | €2,362 | €1,944 | -€417 | -17.7% |
| Gross operating margin | 9900 | €4,401 | €674 | -€3,727 | -84.7% |
| Operating profit (loss) | 9901 | -€41 | -€2,522 | -€2,481 | -6,043% |
| Financial charges | 65/66B | €475 | €269 | -€205 | -43.3% |
| Recurring financial charges | 65 | €475 | €269 | -€205 | -43.3% |
| Profit (loss) for the period before taxes | 9903 | -€516 | -€2,791 | -€2,275 | -441% |
| Profit (loss) for the period | 9904 | -€516 | -€2,791 | -€2,275 | -441% |
| Profit (loss) for the period to be appropriated | 9905 | -€516 | -€2,791 | -€2,275 | -441% |
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 26 October 2026 via checked.be.