DRIVELICIOUS: 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.
What changed
DRIVELICIOUS
NACE 85.531, Driving schools for cars and motorcycles
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€344,193
2024 · €385,317-€41,123
Equity
€2.3m
2024 · €2.0m+€344,193
Cash
€375,198
2024 · €845,824-€470,626
Balance sheet total
€3.2m
2024 · €3.0m+€244,178
Largest movements
Assets
- Tangible fixed assets +€650,660
up €650,660 (+40.0%), from €1.6m to €2.3m
of which Land and buildings: +€700,368
- Cash -€470,626
down €470,626 (-55.6%), from €845,824 to €375,198
mainly Investment in fixed assets (net) (-€796,379) and Debts after one year (-€59,943)
- Deferred charges and accrued income +€54,202
up €54,202 (+220.4%), from €24,588 to €78,790
Equity and liabilities
- Reserves +€344,193
up €344,193 (+17.6%), from €2.0m to €2.3m
of which Tax-exempt reserves: +€181,030
- Debts after one year -€59,943
down €59,943 (-9.2%), from €652,960 to €593,017
of which Financial debts: -€59,943
- Trade debts -€52,055
down €52,055 (-41.6%), from €125,140 to €73,086
Income statement
- Staff costs +€43,069
up €43,069 (+8.1%), from €532,529 to €575,598
- Write-downs +€33,750
up €33,750 (+176.3%), from €19,148 to €52,898
- Gross operating margin +€18,655
up €18,655 (+1.5%), from €1.2m to €1.3m
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.
Result 2024
€385,317
Gross operating margin
+€18,655
Staff costs
-€43,069
Depreciation
+€11,288
Write-downs
-€33,750
Other operating charges
-€4,600
Financial income
-€60
Financial charges
+€881
Taxes
+€9,532
Result 2025
€344,193
Cash bridge derived
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.
From operations
+€384,918
Investment
-€796,379
Financing
-€59,165
Cash 2024
€845,824
From operations (derived)
+€384,918
Net result for the year
+€344,193
Depreciation
+€149,146
Receivables after one year
-€2,364
Receivables within one year
-€11,006
Deferred charges and accrued income
-€54,202
Trade debts
-€52,055
Tax, wage and social debts
-€593
Advances received
-€8,564
Other debts
+€3,501
Accrued charges and deferred income
+€16,860
Investment (derived)
-€796,379
Investment in fixed assets (net)
-€796,379
Financing
-€59,165
Debts after one year
-€59,943
Current portion of long-term debt
+€766
Short-term financial debts
+€11
Cash 2025
€375,198
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,986,976 | €3,231,154 | +€244,178 | +8.2% |
| Fixed assets | 21/28 | €1,643,365 | €2,290,597 | +€647,232 | +39.4% |
| Intangible fixed assets | 21 | €11,532 | €7,105 | -€4,427 | -38.4% |
| Tangible fixed assets | 22/27 | €1,627,558 | €2,278,218 | +€650,660 | +40.0% |
| Land and buildings | 22 | €1,386,907 | €2,087,275 | +€700,368 | +50.5% |
| Plant, machinery and equipment | 23 | - | €4,804 | +€4,804 | |
| Furniture and vehicles | 24 | €240,652 | €186,139 | -€54,513 | -22.7% |
| Financial fixed assets | 28 | €4,275 | €5,275 | +€1,000 | +23.4% |
| Current assets | 29/58 | €1,343,611 | €940,556 | -€403,054 | -30.0% |
| Amounts receivable after more than one year | 29 | €324,399 | €326,763 | +€2,364 | +0.7% |
| Trade receivables | 290 | €12,765 | €15,130 | +€2,364 | +18.5% |
| Other amounts receivable | 291 | €311,634 | €311,634 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €148,800 | €159,805 | +€11,006 | +7.4% |
| Trade receivables | 40 | €59,346 | - | -€59,346 | |
| Other amounts receivable | 41 | €89,454 | €159,805 | +€70,352 | +78.6% |
| Cash at bank and in hand | 54/58 | €845,824 | €375,198 | -€470,626 | -55.6% |
| Deferred charges and accrued income | 490/1 | €24,588 | €78,790 | +€54,202 | +220.4% |
| Total equity and liabilities | 10/49 | €2,986,976 | €3,231,154 | +€244,178 | +8.2% |
| Equity | 10/15 | €1,968,994 | €2,313,188 | +€344,193 | +17.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,950,394 | €2,294,588 | +€344,193 | +17.6% |
| Tax-exempt reserves | 132 | €153,665 | €334,695 | +€181,030 | +117.8% |
| Distributable reserves | 133 | €1,796,729 | €1,959,893 | +€163,163 | +9.1% |
| Amounts payable | 17/49 | €1,017,981 | €917,966 | -€100,015 | -9.8% |
| Amounts payable after more than one year | 17 | €652,960 | €593,017 | -€59,943 | -9.2% |
| Financial debts | 170/4 | €527,960 | €468,017 | -€59,943 | -11.4% |
| Other amounts payable | 178/9 | €125,000 | €125,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €365,021 | €308,088 | -€56,933 | -15.6% |
| Current portion of amounts payable after more than one year | 42 | €59,176 | €59,943 | +€766 | +1.3% |
| Financial debts | 43 | - | €11 | +€11 | |
| Credit institutions | 430/8 | - | €11 | +€11 | |
| Trade debts | 44 | €125,140 | €73,086 | -€52,055 | -41.6% |
| Suppliers | 440/4 | €125,140 | €73,086 | -€52,055 | -41.6% |
| Advances received on contracts in progress | 46 | €8,564 | - | -€8,564 | |
| Taxes, remuneration and social security | 45 | €116,044 | €115,450 | -€593 | -0.5% |
| Taxes | 450/3 | €27,094 | €12,076 | -€15,018 | -55.4% |
| Remuneration and social security | 454/9 | €88,949 | €103,374 | +€14,425 | +16.2% |
| Other amounts payable | 47/48 | €56,097 | €59,598 | +€3,501 | +6.2% |
| Accrued charges and deferred income | 492/3 | - | €16,860 | +€16,860 | |
| Non-recurring operating income | 76A | €2,854 | €200 | -€2,654 | -93.0% |
| Remuneration, social security and pensions | 62 | €532,529 | €575,598 | +€43,069 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €160,435 | €149,146 | -€11,288 | -7.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €19,148 | €52,898 | +€33,750 | +176.3% |
| Other operating charges | 640/8 | €22,220 | €26,820 | +€4,600 | +20.7% |
| Gross operating margin | 9900 | €1,233,218 | €1,251,873 | +€18,655 | +1.5% |
| Operating profit (loss) | 9901 | €498,887 | €447,411 | -€51,476 | -10.3% |
| Financial income | 75/76B | €16,179 | €16,119 | -€60 | -0.4% |
| Recurring financial income | 75 | €16,179 | €16,119 | -€60 | -0.4% |
| Financial charges | 65/66B | €11,792 | €10,911 | -€881 | -7.5% |
| Recurring financial charges | 65 | €11,792 | €10,911 | -€881 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €503,275 | €452,619 | -€50,655 | -10.1% |
| Income taxes | 67/77 | €117,958 | €108,426 | -€9,532 | -8.1% |
| Profit (loss) for the period | 9904 | €385,317 | €344,193 | -€41,123 | -10.7% |
| Transfer to tax-exempt reserves | 689 | €153,665 | €181,030 | +€27,365 | +17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €231,652 | €163,163 | -€68,488 | -29.6% |
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 11 October 2026 via checked.be.