DRIVECO BELGIUM: what changed
What changed
DRIVECO BELGIUM
NACE 35.150, Electricity, gas, steam and air conditioning supply
filed annual accounts (NBB)
Net result for the year
-€172,015
2024 · -€450,995+€278,980
Equity
-€613,010
2024 · -€440,995-€172,015
Cash
€77,332
2024 · €71,991+€5,341
Balance sheet total
€1.7m
2024 · €123,995+€1.6m
Largest movements
Assets
- Stocks and contracts +€1.1m
new in 2025: €1.1m
- Receivables within one year +€541,702
up €541,702 (+1,526%), from €35,494 to €577,196
of which Other amounts receivable: +€280,607
Equity and liabilities
- Trade debts +€1.9m
up €1.9m (+2,741%), from €67,818 to €1.9m
- Other debts -€385,186
down €385,186 (-91.4%), from €421,484 to €36,299
- Accrued charges and deferred income +€322,849
up €322,849 (+15,428%), from €2,093 to €324,942
- Profit (loss) carried forward -€172,015
down €172,015 (-38.1%), from -€450,995 to -€623,010
Income statement
- Gross operating margin +€566,095
up €566,095, from -€138,639 to €427,456
- Staff costs +€286,352
up €286,352 (+96.7%), from €296,226 to €582,578
- Financial income +€15,053
up €15,053 (+957%), from €1,573 to €16,626
- Financial charges +€9,633
up €9,633 (+58.2%), from €16,558 to €26,190
Change in the result, 2024 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.
Result 2024
-€450,995
Gross operating margin
+€566,095
Staff costs
-€286,352
Other operating charges
-€2,856
Financial income
+€15,053
Financial charges
-€9,633
Taxes
-€3,327
Result 2025
-€172,015
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€5,341
Investment
€0
Financing
€0
Cash 2024
€71,991
From operations (derived)
+€5,341
Net result for the year
-€172,015
Stocks and contracts
-€1.1m
Receivables within one year
-€541,702
Deferred charges and accrued income
-€5,273
Trade debts
+€1.9m
Tax, wage and social debts
-€4,745
Other debts
-€385,186
Accrued charges and deferred income
+€322,849
Cash 2025
€77,332
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €123,995 | €1,743,697 | +€1.6m | +1,306% |
| Fixed assets | 21/28 | €7,000 | €7,000 | = | 0.0% |
| Financial fixed assets | 28 | €7,000 | €7,000 | = | 0.0% |
| Current assets | 29/58 | €116,995 | €1,736,697 | +€1.6m | +1,384% |
| Stocks and contracts in progress | 3 | - | €1,067,387 | +€1.1m | |
| Stocks | 30/36 | - | €1,067,387 | +€1.1m | |
| Amounts receivable within one year | 40/41 | €35,494 | €577,196 | +€541,702 | +1,526% |
| Trade receivables | 40 | €16,755 | €277,850 | +€261,095 | +1,558% |
| Other amounts receivable | 41 | €18,739 | €299,346 | +€280,607 | +1,497% |
| Cash at bank and in hand | 54/58 | €71,991 | €77,332 | +€5,341 | +7.4% |
| Deferred charges and accrued income | 490/1 | €9,509 | €14,782 | +€5,273 | +55.4% |
| Total equity and liabilities | 10/49 | €123,995 | €1,743,697 | +€1.6m | +1,306% |
| Equity | 10/15 | -€440,995 | -€613,010 | -€172,015 | -39.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€450,995 | -€623,010 | -€172,015 | -38.1% |
| Amounts payable | 17/49 | €564,990 | €2,356,707 | +€1.8m | +317% |
| Amounts payable within one year | 42/48 | €562,897 | €2,031,765 | +€1.5m | +261% |
| Trade debts | 44 | €67,818 | €1,926,616 | +€1.9m | +2,741% |
| Suppliers | 440/4 | €67,818 | €1,926,616 | +€1.9m | +2,741% |
| Taxes, remuneration and social security | 45 | €73,595 | €68,850 | -€4,745 | -6.4% |
| Taxes | 450/3 | €22,387 | €13,163 | -€9,224 | -41.2% |
| Remuneration and social security | 454/9 | €51,208 | €55,687 | +€4,479 | +8.7% |
| Other amounts payable | 47/48 | €421,484 | €36,299 | -€385,186 | -91.4% |
| Accrued charges and deferred income | 492/3 | €2,093 | €324,942 | +€322,849 | +15,428% |
| Remuneration, social security and pensions | 62 | €296,226 | €582,578 | +€286,352 | +96.7% |
| Other operating charges | 640/8 | €1,063 | €3,919 | +€2,856 | +269% |
| Gross operating margin | 9900 | -€138,639 | €427,456 | +€566,095 | |
| Operating profit (loss) | 9901 | -€435,929 | -€159,041 | +€276,888 | +63.5% |
| Financial income | 75/76B | €1,573 | €16,626 | +€15,053 | +957% |
| Recurring financial income | 75 | €1,573 | €16,626 | +€15,053 | +957% |
| Financial charges | 65/66B | €16,558 | €26,190 | +€9,633 | +58.2% |
| Recurring financial charges | 65 | €16,558 | €26,190 | +€9,633 | +58.2% |
| Profit (loss) for the period before taxes | 9903 | -€450,913 | -€168,605 | +€282,308 | +62.6% |
| Income taxes | 67/77 | €82 | €3,409 | +€3,327 | +4,060% |
| Profit (loss) for the period | 9904 | -€450,995 | -€172,015 | +€278,980 | +61.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€450,995 | -€172,015 | +€278,980 | +61.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.