E1 Drive: 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.
E1 Drive
Largest movements
- Tangible fixed assets -€15,590
down €15,590 (-22.6%), from €68,887 to €53,297
- Receivables within one year -€10,899
down €10,899 (-57.4%), from €18,983 to €8,084
of which Other amounts receivable: -€11,184
- Deferred charges and accrued income +€3,894
up €3,894 (+84.3%), from €4,620 to €8,514
- Cash -€1,623
down €1,623 (-61.9%), from €2,624 to €1,001
mainly Debts after one year (-€12,209) and Net result for the year (-€7,795)
- Debts after one year -€12,209
down €12,209 (-26.6%), from €45,932 to €33,723
- Profit (loss) carried forward -€5,064
new in 2025: -€5,064
- Advances received -€3,136
down €3,136 (-95.4%), from €3,286 to €150
- Reserves -€2,731
no longer reported in 2025 (was €2,731)
- Other debts -€1,392
down €1,392 (-5.3%), from €26,051 to €24,659
- Depreciation +€8,572
up €8,572 (+122%), from €7,017 to €15,590
- Gross operating margin -€5,710
down €5,710 (-33.2%), from €17,186 to €11,476
- Other operating charges -€3,033
down €3,033 (-63.2%), from €4,803 to €1,769
- Taxes -€1,599
no longer reported in 2025 (was €1,599)
- Financial charges +€918
up €918 (+88.6%), from €1,036 to €1,954
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 | €95,114 | €70,896 | -€24,218 | -25.5% |
| Fixed assets | 21/28 | €68,887 | €53,297 | -€15,590 | -22.6% |
| Tangible fixed assets | 22/27 | €68,887 | €53,297 | -€15,590 | -22.6% |
| Furniture and vehicles | 24 | €68,887 | €53,297 | -€15,590 | -22.6% |
| Current assets | 29/58 | €26,227 | €17,599 | -€8,628 | -32.9% |
| Amounts receivable within one year | 40/41 | €18,983 | €8,084 | -€10,899 | -57.4% |
| Trade receivables | 40 | €3,421 | €3,706 | +€285 | +8.3% |
| Other amounts receivable | 41 | €15,562 | €4,378 | -€11,184 | -71.9% |
| Cash at bank and in hand | 54/58 | €2,624 | €1,001 | -€1,623 | -61.9% |
| Deferred charges and accrued income | 490/1 | €4,620 | €8,514 | +€3,894 | +84.3% |
| Total equity and liabilities | 10/49 | €95,114 | €70,896 | -€24,218 | -25.5% |
| Equity | 10/15 | €4,731 | -€3,064 | -€7,795 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €2,731 | - | -€2,731 | |
| Distributable reserves | 133 | €2,731 | - | -€2,731 | |
| Profit (loss) carried forward | 14 | - | -€5,064 | -€5,064 | |
| Amounts payable | 17/49 | €90,383 | €73,961 | -€16,422 | -18.2% |
| Amounts payable after more than one year | 17 | €45,932 | €33,723 | -€12,209 | -26.6% |
| Financial debts | 170/4 | €45,932 | €33,723 | -€12,209 | -26.6% |
| Amounts payable within one year | 42/48 | €44,451 | €40,238 | -€4,213 | -9.5% |
| Current portion of amounts payable after more than one year | 42 | €11,764 | €12,209 | +€445 | +3.8% |
| Trade debts | 44 | €1,751 | €1,621 | -€130 | -7.4% |
| Suppliers | 440/4 | €1,751 | €1,621 | -€130 | -7.4% |
| Advances received on contracts in progress | 46 | €3,286 | €150 | -€3,136 | -95.4% |
| Taxes, remuneration and social security | 45 | €1,599 | €1,599 | = | 0.0% |
| Taxes | 450/3 | €1,599 | €1,599 | = | 0.0% |
| Other amounts payable | 47/48 | €26,051 | €24,659 | -€1,392 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,017 | €15,590 | +€8,572 | +122% |
| Other operating charges | 640/8 | €4,803 | €1,769 | -€3,033 | -63.2% |
| Gross operating margin | 9900 | €17,186 | €11,476 | -€5,710 | -33.2% |
| Operating profit (loss) | 9901 | €5,366 | -€5,883 | -€11,249 | |
| Financial income | 75/76B | - | €41 | +€41 | |
| Recurring financial income | 75 | - | €41 | +€41 | |
| Financial charges | 65/66B | €1,036 | €1,954 | +€918 | +88.6% |
| Recurring financial charges | 65 | €1,036 | €1,954 | +€918 | +88.6% |
| Profit (loss) for the period before taxes | 9903 | €4,330 | -€7,795 | -€12,126 | |
| Income taxes | 67/77 | €1,599 | - | -€1,599 | |
| Profit (loss) for the period | 9904 | €2,731 | -€7,795 | -€10,526 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,731 | -€7,795 | -€10,526 |
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 13 October 2026 via checked.be.