NF DRIVE: 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.
NF DRIVE
Largest movements
- Cash +€13,822
up €13,822 (+109.7%), from €12,604 to €26,426
mainly Net result for the year (+€33,913) and Depreciation (+€19,321)
- Tangible fixed assets -€5,114
down €5,114 (-8.9%), from €57,233 to €52,120
- Receivables within one year -€5,029
down €5,029 (-82.5%), from €6,098 to €1,069
of which Trade receivables: -€3,551
- Deferred charges and accrued income +€3,783
up €3,783 (+196.5%), from €1,925 to €5,709
- Profit (loss) carried forward +€33,913
up €33,913 (+420.8%), from €8,058 to €41,972
- Other debts -€20,120
down €20,120 (-68.3%), from €29,468 to €9,348
- Trade debts -€19,732
down €19,732 (-58.6%), from €33,668 to €13,936
- Tax, wage and social debts +€12,731
up €12,731 (+395.9%), from €3,216 to €15,946
of which Taxes: +€9,372
- Gross operating margin +€83,896
up €83,896 (+408.0%), from €20,561 to €104,457
- Staff costs +€26,992
up €26,992 (+982.9%), from €2,746 to €29,739
- Depreciation +€12,756
up €12,756 (+194.3%), from €6,564 to €19,321
- Taxes +€7,704
up €7,704 (+376.0%), from €2,049 to €9,753
- Other operating charges +€4,039
up €4,039 (+392.6%), from €1,029 to €5,068
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.
Cash bridge derived
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 | €77,860 | €85,323 | +€7,463 | +9.6% |
| Fixed assets | 21/28 | €57,233 | €52,120 | -€5,114 | -8.9% |
| Tangible fixed assets | 22/27 | €57,233 | €52,120 | -€5,114 | -8.9% |
| Furniture and vehicles | 24 | €57,233 | €52,120 | -€5,114 | -8.9% |
| Current assets | 29/58 | €20,627 | €33,203 | +€12,576 | +61.0% |
| Amounts receivable within one year | 40/41 | €6,098 | €1,069 | -€5,029 | -82.5% |
| Trade receivables | 40 | €3,565 | €14 | -€3,551 | -99.6% |
| Other amounts receivable | 41 | €2,533 | €1,055 | -€1,478 | -58.3% |
| Cash at bank and in hand | 54/58 | €12,604 | €26,426 | +€13,822 | +109.7% |
| Deferred charges and accrued income | 490/1 | €1,925 | €5,709 | +€3,783 | +196.5% |
| Total equity and liabilities | 10/49 | €77,860 | €85,323 | +€7,463 | +9.6% |
| Equity | 10/15 | €11,058 | €44,972 | +€33,913 | +306.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,058 | €41,972 | +€33,913 | +420.8% |
| Amounts payable | 17/49 | €66,802 | €40,351 | -€26,450 | -39.6% |
| Amounts payable within one year | 42/48 | €66,352 | €39,230 | -€27,122 | -40.9% |
| Trade debts | 44 | €33,668 | €13,936 | -€19,732 | -58.6% |
| Suppliers | 440/4 | €33,668 | €13,936 | -€19,732 | -58.6% |
| Taxes, remuneration and social security | 45 | €3,216 | €15,946 | +€12,731 | +395.9% |
| Taxes | 450/3 | €2,049 | €11,421 | +€9,372 | +457.4% |
| Remuneration and social security | 454/9 | €1,167 | €4,525 | +€3,358 | +287.8% |
| Other amounts payable | 47/48 | €29,468 | €9,348 | -€20,120 | -68.3% |
| Accrued charges and deferred income | 492/3 | €450 | €1,121 | +€671 | +149.1% |
| Remuneration, social security and pensions | 62 | €2,746 | €29,739 | +€26,992 | +982.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,564 | €19,321 | +€12,756 | +194.3% |
| Other operating charges | 640/8 | €1,029 | €5,068 | +€4,039 | +392.6% |
| Non-recurring operating charges | 66A | - | €6,386 | +€6,386 | |
| Gross operating margin | 9900 | €20,561 | €104,457 | +€83,896 | +408.0% |
| Operating profit (loss) | 9901 | €10,222 | €43,943 | +€33,721 | +329.9% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €114 | €277 | +€163 | +142.8% |
| Recurring financial charges | 65 | €114 | €277 | +€163 | +142.8% |
| Profit (loss) for the period before taxes | 9903 | €10,107 | €43,667 | +€33,559 | +332.0% |
| Income taxes | 67/77 | €2,049 | €9,753 | +€7,704 | +376.0% |
| Profit (loss) for the period | 9904 | €8,058 | €33,913 | +€25,855 | +320.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,058 | €33,913 | +€25,855 | +320.8% |
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 6 October 2026 via checked.be.