DrivOlution: 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.
DrivOlution
Largest movements
- Receivables within one year -€47,799
down €47,799 (-14.1%), from €338,075 to €290,276
of which Trade receivables: -€29,061
- Intangible fixed assets -€30,721
down €30,721 (-24.5%), from €125,571 to €94,850
- Tangible fixed assets -€28,641
down €28,641 (-29.8%), from €96,164 to €67,522
of which Furniture and vehicles: -€26,444
- Cash -€27,210
down €27,210 (-49.7%), from €54,795 to €27,585
mainly Net result for the year (-€546,370) and Investment in fixed assets (net) (-€52,873)
- Financial fixed assets +€19,073
new in 2025: €19,073
- Profit (loss) carried forward -€546,370
down €546,370 (-40.7%), from -€1.3m to -€1.9m
- Debts after one year +€390,000
new in 2025: €390,000
- Accrued charges and deferred income +€41,724
up €41,724 (+532.5%), from €7,835 to €49,560
- Contributions +€25,000
up €25,000 (+1.9%), from €1.3m to €1.3m
of which Capital: +€24,167
- Other debts -€17,688
down €17,688 (-4.5%), from €390,000 to €372,312
- Staff costs +€142,370
up €142,370 (+17.6%), from €809,040 to €951,410
- Depreciation -€51,271
down €51,271 (-35.5%), from €144,433 to €93,163
- Financial charges +€17,672
up €17,672 (+89.1%), from €19,828 to €37,500
- Gross operating margin +€16,506
up €16,506 (+3.1%), from €532,260 to €548,766
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €628,478 | €527,435 | -€101,043 | -16.1% |
| Fixed assets | 21/28 | €221,735 | €181,445 | -€40,290 | -18.2% |
| Intangible fixed assets | 21 | €125,571 | €94,850 | -€30,721 | -24.5% |
| Tangible fixed assets | 22/27 | €96,164 | €67,522 | -€28,641 | -29.8% |
| Plant, machinery and equipment | 23 | €4,881 | €2,683 | -€2,197 | -45.0% |
| Furniture and vehicles | 24 | €91,283 | €64,839 | -€26,444 | -29.0% |
| Financial fixed assets | 28 | - | €19,073 | +€19,073 | |
| Current assets | 29/58 | €406,744 | €345,990 | -€60,754 | -14.9% |
| Amounts receivable within one year | 40/41 | €338,075 | €290,276 | -€47,799 | -14.1% |
| Trade receivables | 40 | €317,331 | €288,270 | -€29,061 | -9.2% |
| Other amounts receivable | 41 | €20,744 | €2,007 | -€18,737 | -90.3% |
| Cash at bank and in hand | 54/58 | €54,795 | €27,585 | -€27,210 | -49.7% |
| Deferred charges and accrued income | 490/1 | €13,874 | €28,129 | +€14,255 | +102.7% |
| Total equity and liabilities | 10/49 | €628,478 | €527,435 | -€101,043 | -16.1% |
| Equity | 10/15 | -€12,189 | -€533,559 | -€521,370 | -4277.4% |
| Contributions | 10/11 | €1,305,000 | €1,330,000 | +€25,000 | +1.9% |
| Capital | 10 | €1,305,000 | €1,329,167 | +€24,167 | +1.9% |
| Issued capital | 100 | €1,305,000 | €1,329,167 | +€24,167 | +1.9% |
| Outside capital | 11 | - | €833 | +€833 | |
| Share premium | 1100/10 | - | €833 | +€833 | |
| Reserves | 13 | €23,822 | €23,822 | = | 0.0% |
| Non-distributable reserves | 130/1 | €23,822 | €23,822 | = | 0.0% |
| Legal reserve | 130 | €23,822 | €23,822 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,341,011 | -€1,887,382 | -€546,370 | -40.7% |
| Amounts payable | 17/49 | €640,667 | €1,060,994 | +€420,327 | +65.6% |
| Amounts payable after more than one year | 17 | - | €390,000 | +€390,000 | |
| Financial debts | 170/4 | - | €390,000 | +€390,000 | |
| Amounts payable within one year | 42/48 | €632,832 | €621,434 | -€11,397 | -1.8% |
| Trade debts | 44 | €194,007 | €201,184 | +€7,177 | +3.7% |
| Suppliers | 440/4 | €194,007 | €201,184 | +€7,177 | +3.7% |
| Taxes, remuneration and social security | 45 | €48,825 | €47,938 | -€887 | -1.8% |
| Remuneration and social security | 454/9 | €48,825 | €47,938 | -€887 | -1.8% |
| Other amounts payable | 47/48 | €390,000 | €372,312 | -€17,688 | -4.5% |
| Accrued charges and deferred income | 492/3 | €7,835 | €49,560 | +€41,724 | +532.5% |
| Non-recurring operating income | 76A | €2,660 | - | -€2,660 | |
| Remuneration, social security and pensions | 62 | €809,040 | €951,410 | +€142,370 | +17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €144,433 | €93,163 | -€51,271 | -35.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,587 | €2,953 | -€2,634 | -47.2% |
| Other operating charges | 640/8 | €9,377 | €10,268 | +€891 | +9.5% |
| Gross operating margin | 9900 | €532,260 | €548,766 | +€16,506 | +3.1% |
| Operating profit (loss) | 9901 | -€436,177 | -€509,027 | -€72,850 | -16.7% |
| Financial income | 75/76B | €753 | €1,535 | +€782 | +103.9% |
| Recurring financial income | 75 | €753 | €1,535 | +€782 | +103.9% |
| Financial charges | 65/66B | €19,828 | €37,500 | +€17,672 | +89.1% |
| Recurring financial charges | 65 | €19,828 | €37,500 | +€17,672 | +89.1% |
| Profit (loss) for the period before taxes | 9903 | -€455,252 | -€544,992 | -€89,740 | -19.7% |
| Income taxes | 67/77 | €1,849 | €1,379 | -€470 | -25.4% |
| Profit (loss) for the period | 9904 | -€457,101 | -€546,370 | -€89,270 | -19.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€457,101 | -€546,370 | -€89,270 | -19.5% |
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 29 September 2026 via checked.be.