EUdrive: 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.
EUdrive
Largest movements
- Cash +€40,215
up €40,215 (+31.5%), from €127,682 to €167,897
mainly Other debts (+€44,304) and Depreciation (+€36,662)
- Tangible fixed assets -€36,662
down €36,662 (-20.9%), from €175,721 to €139,060
of which Land and buildings: -€20,478
- Receivables within one year -€14,012
down €14,012 (-44.3%), from €31,648 to €17,637
of which Trade receivables: -€14,128
- Other debts +€44,304
up €44,304 (+263%), from €16,821 to €61,125
- Reserves -€31,896
down €31,896 (-22.9%), from €139,187 to €107,292
- Debts after one year -€23,711
down €23,711 (-16.9%), from €140,364 to €116,653
- Gross operating margin -€24,243
down €24,243 (-23.4%), from €103,550 to €79,307
- Taxes -€6,416
down €6,416 (-34.9%), from €18,358 to €11,943
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 | €338,772 | €328,247 | -€10,526 | -3.1% |
| Fixed assets | 21/28 | €175,721 | €139,060 | -€36,662 | -20.9% |
| Tangible fixed assets | 22/27 | €175,721 | €139,060 | -€36,662 | -20.9% |
| Land and buildings | 22 | €144,484 | €124,005 | -€20,478 | -14.2% |
| Furniture and vehicles | 24 | €26,407 | €10,224 | -€16,183 | -61.3% |
| Other tangible fixed assets | 26 | €4,831 | €4,831 | = | 0.0% |
| Current assets | 29/58 | €163,051 | €189,187 | +€26,136 | +16.0% |
| Amounts receivable within one year | 40/41 | €31,648 | €17,637 | -€14,012 | -44.3% |
| Trade receivables | 40 | €27,951 | €13,823 | -€14,128 | -50.5% |
| Other amounts receivable | 41 | €3,697 | €3,814 | +€116 | +3.1% |
| Cash at bank and in hand | 54/58 | €127,682 | €167,897 | +€40,215 | +31.5% |
| Deferred charges and accrued income | 490/1 | €3,720 | €3,652 | -€68 | -1.8% |
| Total equity and liabilities | 10/49 | €338,772 | €328,247 | -€10,526 | -3.1% |
| Equity | 10/15 | €151,587 | €119,692 | -€31,896 | -21.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €139,187 | €107,292 | -€31,896 | -22.9% |
| Distributable reserves | 133 | €139,187 | €107,292 | -€31,896 | -22.9% |
| Amounts payable | 17/49 | €187,185 | €208,555 | +€21,370 | +11.4% |
| Amounts payable after more than one year | 17 | €140,364 | €116,653 | -€23,711 | -16.9% |
| Financial debts | 170/4 | €140,364 | €116,653 | -€23,711 | -16.9% |
| Amounts payable within one year | 42/48 | €46,371 | €91,902 | +€45,531 | +98.2% |
| Current portion of amounts payable after more than one year | 42 | €22,989 | €23,711 | +€723 | +3.1% |
| Trade debts | 44 | €437 | €905 | +€468 | +107% |
| Suppliers | 440/4 | €437 | €905 | +€468 | +107% |
| Taxes, remuneration and social security | 45 | €6,125 | €6,161 | +€36 | +0.6% |
| Taxes | 450/3 | €5,116 | €4,955 | -€161 | -3.2% |
| Remuneration and social security | 454/9 | €1,009 | €1,206 | +€197 | +19.5% |
| Other amounts payable | 47/48 | €16,821 | €61,125 | +€44,304 | +263% |
| Accrued charges and deferred income | 492/3 | €450 | - | -€450 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,662 | €36,662 | -€0 | 0.0% |
| Other operating charges | 640/8 | €2,372 | €2,991 | +€618 | +26.1% |
| Gross operating margin | 9900 | €103,550 | €79,307 | -€24,243 | -23.4% |
| Operating profit (loss) | 9901 | €64,516 | €39,655 | -€24,861 | -38.5% |
| Financial income | 75/76B | €170 | €199 | +€29 | +17.1% |
| Recurring financial income | 75 | €170 | €199 | +€29 | +17.1% |
| Financial charges | 65/66B | €7,569 | €6,710 | -€859 | -11.3% |
| Recurring financial charges | 65 | €7,569 | €6,710 | -€859 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | €57,117 | €33,144 | -€23,973 | -42.0% |
| Income taxes | 67/77 | €18,358 | €11,943 | -€6,416 | -34.9% |
| Profit (loss) for the period | 9904 | €38,759 | €21,201 | -€17,557 | -45.3% |
| Profit (loss) for the period to be appropriated | 9905 | €38,759 | €21,201 | -€17,557 | -45.3% |
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 21 October 2026 via checked.be.