fielddrive: 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.
fielddrive
Largest movements
- Receivables within one year -€1.5m
down €1.5m (-84.6%), from €1.8m to €279,930
of which Trade receivables: -€1.5m
- Cash +€1.4m
up €1.4m (+389%), from €351,029 to €1.7m
mainly Other debts (+€2.4m) and Receivables within one year (+€1.5m)
- Tangible fixed assets -€242,108
down €242,108 (-35.3%), from €686,678 to €444,569
of which Furniture and vehicles: -€124,315
- Other debts +€2.4m
up €2.4m (+152%), from €1.6m to €4.0m
- Profit (loss) carried forward -€2.4m
down €2.4m (-64.3%), from -€3.7m to -€6.0m
- Accrued charges and deferred income -€1.0m
down €1.0m (-52.8%), from €1.9m to €903,146
- Trade debts +€764,084
up €764,084 (+193%), from €395,869 to €1.2m
- Tax, wage and social debts -€201,255
down €201,255 (-69.7%), from €288,659 to €87,404
of which Taxes: -€235,325
- Gross operating margin +€625,676
up €625,676, from -€283,121 to €342,555
- Staff costs +€521,792
up €521,792 (+28.2%), from €1.9m to €2.4m
- Financial charges -€151,316
down €151,316, from €119,931 to -€31,385
- Other operating charges +€10,769
up €10,769 (+28.7%), from €37,540 to €48,309
- Depreciation -€8,251
down €8,251 (-2.6%), from €321,971 to €313,720
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,965,836 | €2,543,592 | -€422,245 | -14.2% |
| Fixed assets | 21/28 | €697,047 | €446,983 | -€250,065 | -35.9% |
| Intangible fixed assets | 21 | €20 | €0 | -€20 | -100% |
| Tangible fixed assets | 22/27 | €686,678 | €444,569 | -€242,108 | -35.3% |
| Plant, machinery and equipment | 23 | €171,395 | €59,809 | -€111,586 | -65.1% |
| Furniture and vehicles | 24 | €504,766 | €380,451 | -€124,315 | -24.6% |
| Leasing and similar rights | 25 | €6,916 | €1,651 | -€5,265 | -76.1% |
| Other tangible fixed assets | 26 | €3,600 | €2,658 | -€942 | -26.2% |
| Financial fixed assets | 28 | €10,350 | €2,413 | -€7,937 | -76.7% |
| Current assets | 29/58 | €2,268,789 | €2,096,609 | -€172,180 | -7.6% |
| Amounts receivable within one year | 40/41 | €1,813,249 | €279,930 | -€1.5m | -84.6% |
| Trade receivables | 40 | €1,806,165 | €258,734 | -€1.5m | -85.7% |
| Other amounts receivable | 41 | €7,083 | €21,195 | +€14,112 | +199% |
| Cash at bank and in hand | 54/58 | €351,029 | €1,716,356 | +€1.4m | +389% |
| Deferred charges and accrued income | 490/1 | €104,511 | €100,324 | -€4,187 | -4.0% |
| Total equity and liabilities | 10/49 | €2,965,836 | €2,543,592 | -€422,245 | -14.2% |
| Equity | 10/15 | -€1,327,492 | -€3,681,912 | -€2.4m | -177% |
| Contributions | 10/11 | €2,323,369 | €2,323,369 | = | 0.0% |
| Reserves | 13 | €9,973 | €9,973 | = | 0.0% |
| Non-distributable reserves | 130/1 | €499 | €499 | = | 0.0% |
| Reserves not available under the articles | 1311 | €499 | €499 | = | 0.0% |
| Distributable reserves | 133 | €9,475 | €9,475 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,660,834 | -€6,015,254 | -€2.4m | -64.3% |
| Amounts payable | 17/49 | €4,293,328 | €6,225,504 | +€1.9m | +45.0% |
| Amounts payable after more than one year | 17 | €60,738 | €42,973 | -€17,765 | -29.2% |
| Financial debts | 170/4 | €60,738 | €42,973 | -€17,765 | -29.2% |
| Amounts payable within one year | 42/48 | €2,317,465 | €5,279,385 | +€3.0m | +128% |
| Current portion of amounts payable after more than one year | 42 | €22,606 | €17,765 | -€4,841 | -21.4% |
| Trade debts | 44 | €395,869 | €1,159,953 | +€764,084 | +193% |
| Suppliers | 440/4 | €395,869 | €1,159,953 | +€764,084 | +193% |
| Advances received on contracts in progress | 46 | €23,595 | €18,200 | -€5,395 | -22.9% |
| Taxes, remuneration and social security | 45 | €288,659 | €87,404 | -€201,255 | -69.7% |
| Taxes | 450/3 | €237,446 | €2,121 | -€235,325 | -99.1% |
| Remuneration and social security | 454/9 | €51,213 | €85,283 | +€34,070 | +66.5% |
| Other amounts payable | 47/48 | €1,586,736 | €3,996,063 | +€2.4m | +152% |
| Accrued charges and deferred income | 492/3 | €1,915,125 | €903,146 | -€1.0m | -52.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €1,852,185 | €2,373,977 | +€521,792 | +28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €321,971 | €313,720 | -€8,251 | -2.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €37,540 | €48,309 | +€10,769 | +28.7% |
| Non-recurring operating charges | 66A | €0 | €15,943 | +€15,943 | |
| Gross operating margin | 9900 | -€283,121 | €342,555 | +€625,676 | |
| Operating profit (loss) | 9901 | -€2,494,817 | -€2,409,394 | +€85,423 | +3.4% |
| Financial income | 75/76B | €23,998 | €24,034 | +€36 | +0.2% |
| Recurring financial income | 75 | €23,998 | €24,034 | +€36 | +0.2% |
| Financial charges | 65/66B | €119,931 | -€31,385 | -€151,316 | |
| Recurring financial charges | 65 | €119,931 | -€31,385 | -€151,316 | |
| Profit (loss) for the period before taxes | 9903 | -€2,590,750 | -€2,353,975 | +€236,775 | +9.1% |
| Income taxes | 67/77 | €361 | €445 | +€85 | +23.5% |
| Profit (loss) for the period | 9904 | -€2,591,111 | -€2,354,420 | +€236,690 | +9.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,591,111 | -€2,354,420 | +€236,690 | +9.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.