INTO OVERDRIVE: 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.
INTO OVERDRIVE
Largest movements
- Receivables within one year +€35,645
up €35,645 (+33.6%), from €106,057 to €141,702
of which Other amounts receivable: +€24,804
- Tangible fixed assets -€27,626
down €27,626 (-68.6%), from €40,291 to €12,665
of which Furniture and vehicles: -€27,294
- Cash -€22,562
down €22,562 (-33.3%), from €67,769 to €45,207
mainly Receivables within one year (-€35,645) and Net result for the year (-€8,714)
- Reserves -€8,714
down €8,714 (-4.2%), from €205,046 to €196,332
- Tax, wage and social debts -€8,291
down €8,291 (-98.1%), from €8,453 to €162
- Gross operating margin -€78,398
down €78,398 (-75.2%), from €104,202 to €25,804
- Taxes -€16,277
down €16,277 (-98.5%), from €16,524 to €247
- Write-downs +€15,357
new in 2025: €15,357
- Financial income +€5,462
up €5,462 (+119%), from €4,575 to €10,037
- Financial charges -€1,046
down €1,046 (-92.2%), from €1,135 to €89
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 | €219,260 | €204,125 | -€15,135 | -6.9% |
| Fixed assets | 21/28 | €41,060 | €12,915 | -€28,145 | -68.5% |
| Intangible fixed assets | 21 | €519 | - | -€519 | |
| Tangible fixed assets | 22/27 | €40,291 | €12,665 | -€27,626 | -68.6% |
| Plant, machinery and equipment | 23 | €2,885 | €2,553 | -€332 | -11.5% |
| Furniture and vehicles | 24 | €37,406 | €10,113 | -€27,294 | -73.0% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €178,200 | €191,210 | +€13,010 | +7.3% |
| Amounts receivable within one year | 40/41 | €106,057 | €141,702 | +€35,645 | +33.6% |
| Trade receivables | 40 | €4,516 | €15,357 | +€10,841 | +240% |
| Other amounts receivable | 41 | €101,541 | €126,345 | +€24,804 | +24.4% |
| Cash at bank and in hand | 54/58 | €67,769 | €45,207 | -€22,562 | -33.3% |
| Deferred charges and accrued income | 490/1 | €4,374 | €4,301 | -€73 | -1.7% |
| Total equity and liabilities | 10/49 | €219,260 | €204,125 | -€15,135 | -6.9% |
| Equity | 10/15 | €208,046 | €199,332 | -€8,714 | -4.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €205,046 | €196,332 | -€8,714 | -4.2% |
| Distributable reserves | 133 | €205,046 | €196,332 | -€8,714 | -4.2% |
| Amounts payable | 17/49 | €11,214 | €4,793 | -€6,421 | -57.3% |
| Amounts payable within one year | 42/48 | €11,214 | €4,793 | -€6,421 | -57.3% |
| Trade debts | 44 | €2,761 | €4,631 | +€1,871 | +67.8% |
| Suppliers | 440/4 | €2,761 | €4,631 | +€1,871 | +67.8% |
| Taxes, remuneration and social security | 45 | €8,453 | €162 | -€8,291 | -98.1% |
| Taxes | 450/3 | €8,453 | €162 | -€8,291 | -98.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,057 | €28,145 | +€88 | +0.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €15,357 | +€15,357 | |
| Other operating charges | 640/8 | €615 | €716 | +€101 | +16.4% |
| Gross operating margin | 9900 | €104,202 | €25,804 | -€78,398 | -75.2% |
| Operating profit (loss) | 9901 | €75,530 | -€18,414 | -€93,944 | |
| Financial income | 75/76B | €4,575 | €10,037 | +€5,462 | +119% |
| Recurring financial income | 75 | €4,575 | €10,037 | +€5,462 | +119% |
| Financial charges | 65/66B | €1,135 | €89 | -€1,046 | -92.2% |
| Recurring financial charges | 65 | €1,135 | €89 | -€1,046 | -92.2% |
| Profit (loss) for the period before taxes | 9903 | €78,970 | -€8,466 | -€87,436 | |
| Income taxes | 67/77 | €16,524 | €247 | -€16,277 | -98.5% |
| Profit (loss) for the period | 9904 | €62,445 | -€8,714 | -€71,159 | |
| Profit (loss) for the period to be appropriated | 9905 | €62,445 | -€8,714 | -€71,159 |
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 24 October 2026 via checked.be.