FREE RIDE: 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.
FREE RIDE
Largest movements
- Receivables within one year +€19,017
up €19,017 (+145%), from €13,098 to €32,115
of which Trade receivables: +€19,017
- Tangible fixed assets -€17,110
down €17,110 (-85.6%), from €20,000 to €2,890
of which Furniture and vehicles: -€16,327
- Cash -€7,680
down €7,680 (-21.3%), from €36,059 to €28,379
mainly Receivables within one year (-€19,017) and Trade debts (-€4,493)
- Trade debts -€4,493
down €4,493 (-76.1%), from €5,905 to €1,412
- Other debts +€2,242
up €2,242 (+13.2%), from €17,045 to €19,287
- Tax, wage and social debts -€2,098
down €2,098 (-15.4%), from €13,595 to €11,497
of which Taxes: -€2,548
- Profit (loss) carried forward -€1,367
down €1,367 (-5.2%), from €26,266 to €24,899
- Gross operating margin -€6,869
down €6,869 (-23.9%), from €28,688 to €21,819
- Staff costs +€4,557
new in 2025: €4,557
- Taxes -€1,777
no longer reported in 2025 (was €1,777)
- Depreciation -€974
down €974 (-5.4%), from €18,083 to €17,109
- Other operating charges +€394
up €394 (+42.1%), from €935 to €1,329
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 | €81,895 | €76,179 | -€5,716 | -7.0% |
| Fixed assets | 21/28 | €20,000 | €3,100 | -€16,900 | -84.5% |
| Tangible fixed assets | 22/27 | €20,000 | €2,890 | -€17,110 | -85.6% |
| Plant, machinery and equipment | 23 | €2,005 | €1,222 | -€783 | -39.1% |
| Furniture and vehicles | 24 | €17,995 | €1,668 | -€16,327 | -90.7% |
| Financial fixed assets | 28 | - | €210 | +€210 | |
| Current assets | 29/58 | €61,895 | €73,079 | +€11,184 | +18.1% |
| Stocks and contracts in progress | 3 | €12,619 | €12,452 | -€167 | -1.3% |
| Stocks | 30/36 | €12,619 | €12,452 | -€167 | -1.3% |
| Amounts receivable within one year | 40/41 | €13,098 | €32,115 | +€19,017 | +145% |
| Trade receivables | 40 | €10,578 | €29,595 | +€19,017 | +180% |
| Other amounts receivable | 41 | €2,520 | €2,520 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €36,059 | €28,379 | -€7,680 | -21.3% |
| Deferred charges and accrued income | 490/1 | €119 | €133 | +€14 | +11.8% |
| Total equity and liabilities | 10/49 | €81,895 | €76,179 | -€5,716 | -7.0% |
| Equity | 10/15 | €45,350 | €43,983 | -€1,367 | -3.0% |
| Contributions | 10/11 | €11,399 | €11,399 | = | 0.0% |
| Reserves | 13 | €7,685 | €7,685 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,710 | €1,710 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,710 | €1,710 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,975 | €5,975 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,266 | €24,899 | -€1,367 | -5.2% |
| Amounts payable | 17/49 | €36,545 | €32,196 | -€4,349 | -11.9% |
| Amounts payable within one year | 42/48 | €36,545 | €32,196 | -€4,349 | -11.9% |
| Trade debts | 44 | €5,905 | €1,412 | -€4,493 | -76.1% |
| Suppliers | 440/4 | €5,905 | €1,412 | -€4,493 | -76.1% |
| Taxes, remuneration and social security | 45 | €13,595 | €11,497 | -€2,098 | -15.4% |
| Taxes | 450/3 | €13,595 | €11,047 | -€2,548 | -18.7% |
| Remuneration and social security | 454/9 | - | €450 | +€450 | |
| Other amounts payable | 47/48 | €17,045 | €19,287 | +€2,242 | +13.2% |
| Remuneration, social security and pensions | 62 | - | €4,557 | +€4,557 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,083 | €17,109 | -€974 | -5.4% |
| Other operating charges | 640/8 | €935 | €1,329 | +€394 | +42.1% |
| Gross operating margin | 9900 | €28,688 | €21,819 | -€6,869 | -23.9% |
| Operating profit (loss) | 9901 | €9,670 | -€1,176 | -€10,846 | |
| Financial income | 75/76B | €65 | €160 | +€95 | +146% |
| Recurring financial income | 75 | €65 | €160 | +€95 | +146% |
| Financial charges | 65/66B | €361 | €351 | -€10 | -2.8% |
| Recurring financial charges | 65 | €361 | €351 | -€10 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | €9,374 | -€1,367 | -€10,741 | |
| Income taxes | 67/77 | €1,777 | - | -€1,777 | |
| Profit (loss) for the period | 9904 | €7,597 | -€1,367 | -€8,964 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,597 | -€1,367 | -€8,964 |
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 18 October 2026 via checked.be.