OVERDRIVE: 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
OVERDRIVE
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€475,132
2024 · €406,163+€68,969
Equity
€2.2m
2024 · €1.6m+€568,408
Cash
€96,659
2024 · €1.1m-€982,440
Balance sheet total
€9.1m
2024 · €8.5m+€614,253
Largest movements
Assets
- Receivables within one year +€1.6m
up €1.6m (+56.9%), from €2.9m to €4.5m
of which Trade receivables: +€1.4m
- Stocks and contracts +€1.1m
up €1.1m (+239.2%), from €469,983 to €1.6m
- Tangible fixed assets -€1.0m
down €1.0m (-27.3%), from €3.8m to €2.8m
of which Furniture and vehicles: -€984,718
- Cash -€982,440
down €982,440 (-91.0%), from €1.1m to €96,659
mainly Receivables within one year (-€1.6m) and Stocks and contracts (-€1.1m)
- Deferred charges and accrued income -€123,032
down €123,032 (-42.3%), from €290,890 to €167,859
Equity and liabilities
- Trade debts +€1.2m
up €1.2m (+46.6%), from €2.5m to €3.7m
- Accrued charges and deferred income -€840,000
down €840,000 (-72.4%), from €1.2m to €320,000
- Profit (loss) carried forward +€475,132
up €475,132 (+31.0%), from €1.5m to €2.0m
- Other debts -€456,340
no longer reported in 2025 (was €456,340)
- Advances received +€393,277
up €393,277 (+30.8%), from €1.3m to €1.7m
Income statement
- Turnover +€2.8m
up €2.8m (+16.8%), from €16.7m to €19.5m
- Goods and materials +€2.6m
up €2.6m (+24.8%), from €10.5m to €13.1m
of which Purchases: +€3.9m
- Other operating income +€1.1m
up €1.1m (+77.4%), from €1.4m to €2.5m
- Other operating charges +€986,344
up €986,344 (+3368.3%), from €29,283 to €1.0m
- Services and other goods +€373,470
up €373,470 (+6.5%), from €5.7m to €6.1m
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.
Result 2024
€406,163
Turnover
+€2.8m
Other operating income
+€1.1m
Goods and materials
-€2.6m
Services and other goods
-€373,470
Staff costs
+€5,837
Depreciation
+€150,016
Other operating charges
-€986,344
Financial income
+€7,226
Financial charges
-€7,575
Taxes
-€16,646
Result 2025
€475,132
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.
From operations
-€1.2m
Investment
+€350,771
Financing
-€140,580
Cash 2024
€1.1m
From operations (derived)
-€1.2m
Net result for the year
+€475,132
Depreciation
+€690,030
Stocks and contracts
-€1.1m
Receivables within one year
-€1.6m
Deferred charges and accrued income
+€123,032
Trade debts
+€1.2m
Tax, wage and social debts
+€8,919
Advances received
+€393,277
Other debts
-€456,340
Accrued charges and deferred income
-€840,000
Investment (derived)
+€350,771
Investment in fixed assets (net)
+€350,771
Financing
-€140,580
Debts after one year
-€8,658
Current portion of long-term debt
-€115,889
Short-term financial debts
-€109,308
Contributions, distributions and other
+€93,276
Cash 2025
€96,659
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,528,292 | €9,142,545 | +€614,253 | +7.2% |
| Fixed assets | 21/28 | €3,814,822 | €2,774,021 | -€1.0m | -27.3% |
| Tangible fixed assets | 22/27 | €3,807,172 | €2,766,371 | -€1.0m | -27.3% |
| Plant, machinery and equipment | 23 | €72,948 | €50,501 | -€22,447 | -30.8% |
| Furniture and vehicles | 24 | €3,302,742 | €2,318,024 | -€984,718 | -29.8% |
| Other tangible fixed assets | 26 | €431,482 | €397,847 | -€33,636 | -7.8% |
| Financial fixed assets | 28 | €7,650 | €7,650 | = | 0.0% |
| Other financial fixed assets | 284/8 | €7,650 | €7,650 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €7,650 | €7,650 | = | 0.0% |
| Current assets | 29/58 | €4,713,470 | €6,368,523 | +€1.7m | +35.1% |
| Stocks and contracts in progress | 3 | €469,983 | €1,594,147 | +€1.1m | +239.2% |
| Stocks | 30/36 | €469,983 | €1,594,147 | +€1.1m | +239.2% |
| Raw materials and consumables | 30/31 | €469,983 | €1,594,147 | +€1.1m | +239.2% |
| Amounts receivable within one year | 40/41 | €2,873,498 | €4,509,858 | +€1.6m | +56.9% |
| Trade receivables | 40 | €2,690,919 | €4,083,824 | +€1.4m | +51.8% |
| Other amounts receivable | 41 | €182,579 | €426,034 | +€243,455 | +133.3% |
| Cash at bank and in hand | 54/58 | €1,079,099 | €96,659 | -€982,440 | -91.0% |
| Deferred charges and accrued income | 490/1 | €290,890 | €167,859 | -€123,032 | -42.3% |
| Total equity and liabilities | 10/49 | €8,528,292 | €9,142,545 | +€614,253 | +7.2% |
| Equity | 10/15 | €1,641,949 | €2,210,358 | +€568,408 | +34.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,531,949 | €2,007,082 | +€475,132 | +31.0% |
| Investment grants | 15 | - | €93,276 | +€93,276 | |
| Amounts payable | 17/49 | €6,886,342 | €6,932,187 | +€45,844 | +0.7% |
| Amounts payable after more than one year | 17 | €692,130 | €683,472 | -€8,658 | -1.3% |
| Financial debts | 170/4 | €692,130 | €683,472 | -€8,658 | -1.3% |
| Credit institutions | 173 | €692,130 | €683,472 | -€8,658 | -1.3% |
| Amounts payable within one year | 42/48 | €5,034,213 | €5,928,715 | +€894,503 | +17.8% |
| Current portion of amounts payable after more than one year | 42 | €393,129 | €277,240 | -€115,889 | -29.5% |
| Financial debts | 43 | €260,000 | €150,692 | -€109,308 | -42.0% |
| Credit institutions | 430/8 | €260,000 | €100,000 | -€160,000 | -61.5% |
| Other loans | 439 | - | €50,692 | +€50,692 | |
| Trade debts | 44 | €2,519,904 | €3,693,748 | +€1.2m | +46.6% |
| Suppliers | 440/4 | €2,519,904 | €3,693,748 | +€1.2m | +46.6% |
| Advances received on contracts in progress | 46 | €1,276,723 | €1,670,000 | +€393,277 | +30.8% |
| Taxes, remuneration and social security | 45 | €128,117 | €137,035 | +€8,919 | +7.0% |
| Taxes | 450/3 | €72,416 | €106,427 | +€34,011 | +47.0% |
| Remuneration and social security | 454/9 | €55,700 | €30,608 | -€25,092 | -45.0% |
| Other amounts payable | 47/48 | €456,340 | - | -€456,340 | |
| Accrued charges and deferred income | 492/3 | €1,160,000 | €320,000 | -€840,000 | -72.4% |
| Operating income | 70/76A | €18,088,127 | €21,977,427 | +€3.9m | +21.5% |
| Turnover | 70 | €16,696,144 | €19,507,938 | +€2.8m | +16.8% |
| Other operating income | 74 | €1,391,983 | €2,469,490 | +€1.1m | +77.4% |
| Operating charges | 60/66A | €17,418,392 | €21,221,728 | +€3.8m | +21.8% |
| Goods for resale, raw materials and consumables | 60 | €10,473,260 | €13,072,635 | +€2.6m | +24.8% |
| Purchases | 600/8 | €10,311,971 | €14,196,800 | +€3.9m | +37.7% |
| Change in stocks: decrease (increase) | 609 | €161,290 | -€1,124,164 | -€1.3m | |
| Services and other goods | 61 | €5,748,005 | €6,121,475 | +€373,470 | +6.5% |
| Remuneration, social security and pensions | 62 | €327,798 | €321,961 | -€5,837 | -1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €840,045 | €690,030 | -€150,016 | -17.9% |
| Other operating charges | 640/8 | €29,283 | €1,015,627 | +€986,344 | +3368.3% |
| Operating profit (loss) | 9901 | €669,735 | €755,699 | +€85,964 | +12.8% |
| Financial income | 75/76B | €9,804 | €17,030 | +€7,226 | +73.7% |
| Recurring financial income | 75 | €9,804 | €17,030 | +€7,226 | +73.7% |
| Income from current assets | 751 | €5,265 | €11,531 | +€6,266 | +119.0% |
| Other financial income | 752/9 | €4,539 | €5,499 | +€960 | +21.1% |
| Financial charges | 65/66B | €66,290 | €73,865 | +€7,575 | +11.4% |
| Recurring financial charges | 65 | €66,290 | €73,865 | +€7,575 | +11.4% |
| Debt charges | 650 | €51,772 | €51,805 | +€33 | +0.1% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €1,187 | - | -€1,187 | |
| Other financial charges | 652/9 | €13,331 | €22,060 | +€8,729 | +65.5% |
| Profit (loss) for the period before taxes | 9903 | €613,249 | €698,864 | +€85,615 | +14.0% |
| Income taxes | 67/77 | €207,086 | €223,732 | +€16,646 | +8.0% |
| Taxes | 670/3 | €207,086 | €223,732 | +€16,646 | +8.0% |
| Profit (loss) for the period | 9904 | €406,163 | €475,132 | +€68,969 | +17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €406,163 | €475,132 | +€68,969 | +17.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.