Skip to content

NDRIVE: what changed

Two fiscal 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.

What changed

NDRIVE

BE 1005.469.336
NACE 46.180, Agents specialised in the wholesale of other particular products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-
2024 · €4,452-€4,452
Equity
€16,020
2024 · €4,452+€11,568
Cash
€4,135
2024 · €4,326-€191
Balance sheet total
€38,851
2024 · €19,807+€19,044

Largest movements

2024 to 2025
Assets
  • Stocks and contracts +€9,000

    new in 2025: €9,000

  • Receivables within one year +€6,902

    up €6,902 (+234.4%), from €2,945 to €9,847

    of which Other amounts receivable: +€8,126

  • Tangible fixed assets +€3,332

    up €3,332 (+26.6%), from €12,536 to €15,868

Equity and liabilities
  • Profit (loss) carried forward +€11,568

    up €11,568 (+259.8%), from €4,452 to €16,020

  • Trade debts +€6,985

    up €6,985 (+68.4%), from €10,215 to €17,201

  • Other debts -€2,414

    no longer reported in 2025 (was €2,414)

  • Tax, wage and social debts +€2,405

    up €2,405 (+88.3%), from €2,725 to €5,130

  • Debts after one year +€500

    new in 2025: €500

Income statement
  • Gross operating margin -€10,695

    no longer reported in 2025 (was €10,695)

  • Depreciation -€2,664

    no longer reported in 2025 (was €2,664)

  • Taxes -€1,943

    no longer reported in 2025 (was €1,943)

  • Other operating charges -€1,595

    no longer reported in 2025 (was €1,595)

From the 2024 result to the 2025 result

effect on the result

The net result is not in both sets of accounts; without it the difference cannot be explained line by line.

Cash bridge derived

cash 2024 to 2025

Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.

Every line side by side 37 lines
Line Code 2024 2025 Change %
Total assets 20/58 €19,807 €38,851 +€19,044 +96.2%
Fixed assets 21/28 €12,536 €15,868 +€3,332 +26.6%
Tangible fixed assets 22/27 €12,536 €15,868 +€3,332 +26.6%
Furniture and vehicles 24 €12,536 €15,868 +€3,332 +26.6%
Current assets 29/58 €7,271 €22,983 +€15,712 +216.1%
Stocks and contracts in progress 3 - €9,000 +€9,000
Stocks 30/36 - €9,000 +€9,000
Amounts receivable within one year 40/41 €2,945 €9,847 +€6,902 +234.4%
Trade receivables 40 €2,945 €1,721 -€1,224 -41.6%
Other amounts receivable 41 - €8,126 +€8,126
Cash at bank and in hand 54/58 €4,326 €4,135 -€191 -4.4%
Total equity and liabilities 10/49 €19,807 €38,851 +€19,044 +96.2%
Equity 10/15 €4,452 €16,020 +€11,568 +259.8%
Contributions 10/11 €0 - =
Capital 10 €0 - =
Issued capital 100 €5,000 - -€5,000
Uncalled capital 101 €5,000 - -€5,000
Profit (loss) carried forward 14 €4,452 €16,020 +€11,568 +259.8%
Amounts payable 17/49 €15,354 €22,831 +€7,477 +48.7%
Amounts payable after more than one year 17 - €500 +€500
Other amounts payable 178/9 - €500 +€500
Amounts payable within one year 42/48 €15,354 €22,331 +€6,977 +45.4%
Trade debts 44 €10,215 €17,201 +€6,985 +68.4%
Suppliers 440/4 €10,215 €17,201 +€6,985 +68.4%
Taxes, remuneration and social security 45 €2,725 €5,130 +€2,405 +88.3%
Taxes 450/3 €2,725 €5,130 +€2,405 +88.3%
Other amounts payable 47/48 €2,414 - -€2,414
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €2,664 - -€2,664
Other operating charges 640/8 €1,595 - -€1,595
Gross operating margin 9900 €10,695 - -€10,695
Operating profit (loss) 9901 €6,435 - -€6,435
Financial charges 65/66B €40 - -€40
Recurring financial charges 65 €40 - -€40
Profit (loss) for the period before taxes 9903 €6,395 - -€6,395
Income taxes 67/77 €1,943 - -€1,943
Profit (loss) for the period 9904 €4,452 - -€4,452
Profit (loss) for the period to be appropriated 9905 €4,452 - -€4,452

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.