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DRIVEN4: what changed

Two fiscal 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

DRIVEN4

BE 0808.423.833
NACE 70.100, Activities of head offices
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€42,376
2024 · -€35,412-€6,964
Equity
€622,515
2024 · €664,891-€42,376
Cash
€21,515
2024 · €28,370-€6,855
Balance sheet total
€734,899
2024 · €783,140-€48,242

Largest movements

2024 to 2025
Assets
  • Current investments -€35,000

    down €35,000 (-15.2%), from €230,000 to €195,000

Equity and liabilities
  • Profit (loss) carried forward -€42,376

    down €42,376 (-56.8%), from -€74,612 to -€116,988

Income statement
  • Gross operating margin -€10,701

    down €10,701 (-49.5%), from -€21,629 to -€32,330

  • Financial charges -€8,352

    down €8,352 (-91.0%), from €9,174 to €822

  • Financial income -€3,908

    down €3,908 (-43.9%), from €8,911 to €5,003

  • Other operating charges +€1,278

    up €1,278 (+13.6%), from €9,392 to €10,669

  • Depreciation -€681

    down €681 (-17.9%), from €3,808 to €3,127

From the 2024 result to the 2025 result

effect on the 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 -€35,412
Gross operating margin -€10,701
Depreciation +€681
Other operating charges -€1,278
Financial income -€3,908
Financial charges +€8,352
Taxes -€111
Result 2025 -€42,376

Cash bridge derived

cash 2024 to 2025

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 -€39,075
Investment +€35,000
Financing -€2,780
Cash 2024 €28,370
Net result for the year -€42,376
Depreciation +€3,127
Receivables within one year +€2,504
Deferred charges and accrued income +€756
Trade debts +€1,426
Tax, wage and social debts -€1,088
Other debts -€5,042
Accrued charges and deferred income +€1,618
Current investments +€35,000
Debts after one year -€2,780
Cash 2025 €21,515
Every line side by side 41 lines
Line Code 2024 2025 Change %
Total assets 20/58 €783,140 €734,899 -€48,242 -6.2%
Fixed assets 21/28 €510,892 €507,766 -€3,127 -0.6%
Tangible fixed assets 22/27 €510,892 €507,766 -€3,127 -0.6%
Land and buildings 22 €499,917 €499,917 = 0.0%
Furniture and vehicles 24 €805 €419 -€386 -48.0%
Other tangible fixed assets 26 €10,170 €7,429 -€2,740 -26.9%
Current assets 29/58 €272,248 €227,133 -€45,115 -16.6%
Amounts receivable within one year 40/41 €9,785 €7,280 -€2,504 -25.6%
Trade receivables 40 €128 €124 -€4 -3.1%
Other amounts receivable 41 €9,656 €7,156 -€2,501 -25.9%
Current investments 50/53 €230,000 €195,000 -€35,000 -15.2%
Cash at bank and in hand 54/58 €28,370 €21,515 -€6,855 -24.2%
Deferred charges and accrued income 490/1 €4,094 €3,338 -€756 -18.5%
Total equity and liabilities 10/49 €783,140 €734,899 -€48,242 -6.2%
Equity 10/15 €664,891 €622,515 -€42,376 -6.4%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €720,903 €720,903 = 0.0%
Distributable reserves 133 €720,903 €720,903 = 0.0%
Profit (loss) carried forward 14 -€74,612 -€116,988 -€42,376 -56.8%
Amounts payable 17/49 €118,249 €112,383 -€5,865 -5.0%
Amounts payable after more than one year 17 €2,780 €0 -€2,780 -100.0%
Other amounts payable 178/9 €2,780 €0 -€2,780 -100.0%
Amounts payable within one year 42/48 €113,969 €109,265 -€4,703 -4.1%
Trade debts 44 €1,148 €2,575 +€1,426 +124.3%
Suppliers 440/4 €1,148 €2,575 +€1,426 +124.3%
Taxes, remuneration and social security 45 €1,170 €83 -€1,088 -92.9%
Taxes 450/3 €1,170 €83 -€1,088 -92.9%
Other amounts payable 47/48 €111,651 €106,608 -€5,042 -4.5%
Accrued charges and deferred income 492/3 €1,500 €3,118 +€1,618 +107.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €3,808 €3,127 -€681 -17.9%
Other operating charges 640/8 €9,392 €10,669 +€1,278 +13.6%
Gross operating margin 9900 -€21,629 -€32,330 -€10,701 -49.5%
Operating profit (loss) 9901 -€34,829 -€46,126 -€11,297 -32.4%
Financial income 75/76B €8,911 €5,003 -€3,908 -43.9%
Recurring financial income 75 €8,911 €5,003 -€3,908 -43.9%
Financial charges 65/66B €9,174 €822 -€8,352 -91.0%
Recurring financial charges 65 €9,174 €822 -€8,352 -91.0%
Profit (loss) for the period before taxes 9903 -€35,092 -€41,945 -€6,853 -19.5%
Income taxes 67/77 €320 €431 +€111 +34.5%
Profit (loss) for the period 9904 -€35,412 -€42,376 -€6,964 -19.7%
Profit (loss) for the period to be appropriated 9905 -€35,412 -€42,376 -€6,964 -19.7%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.