SLOW-DRIVE: 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.
SLOW-DRIVE
Largest movements
- Receivables within one year +€217,841
up €217,841 (+192%), from €113,520 to €331,361
of which Trade receivables: +€183,036
- Cash +€192,713
up €192,713 (+126%), from €152,459 to €345,172
mainly Trade debts (+€292,309) and Tax, wage and social debts (+€220,540)
- Deferred charges and accrued income +€69,215
up €69,215 (+7,642%), from €906 to €70,121
- Financial fixed assets +€43,816
up €43,816 (+565%), from €7,750 to €51,566
- Tangible fixed assets +€18,615
up €18,615 (+548%), from €3,400 to €22,015
of which Furniture and vehicles: +€21,026
- Trade debts +€292,309
up €292,309 (+175%), from €166,939 to €459,249
- Tax, wage and social debts +€220,540
up €220,540 (+205%), from €107,679 to €328,219
of which Remuneration and social security: +€111,913
- Profit (loss) carried forward +€34,351
up €34,351, from -€2,583 to €31,768
- Gross operating margin +€1.3m
up €1.3m (+770%), from €174,835 to €1.5m
- Staff costs +€1.3m
up €1.3m (+693%), from €184,582 to €1.5m
- Taxes +€17,118
up €17,118, from -€720 to €16,399
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 | €278,035 | €820,236 | +€542,201 | +195% |
| Fixed assets | 21/28 | €11,150 | €73,581 | +€62,431 | +560% |
| Tangible fixed assets | 22/27 | €3,400 | €22,015 | +€18,615 | +548% |
| Furniture and vehicles | 24 | - | €21,026 | +€21,026 | |
| Other tangible fixed assets | 26 | €3,400 | €989 | -€2,411 | -70.9% |
| Financial fixed assets | 28 | €7,750 | €51,566 | +€43,816 | +565% |
| Current assets | 29/58 | €266,885 | €746,655 | +€479,770 | +180% |
| Amounts receivable within one year | 40/41 | €113,520 | €331,361 | +€217,841 | +192% |
| Trade receivables | 40 | €77,669 | €260,705 | +€183,036 | +236% |
| Other amounts receivable | 41 | €35,851 | €70,656 | +€34,805 | +97.1% |
| Cash at bank and in hand | 54/58 | €152,459 | €345,172 | +€192,713 | +126% |
| Deferred charges and accrued income | 490/1 | €906 | €70,121 | +€69,215 | +7,642% |
| Total equity and liabilities | 10/49 | €278,035 | €820,236 | +€542,201 | +195% |
| Equity | 10/15 | -€1,583 | €32,768 | +€34,351 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,583 | €31,768 | +€34,351 | |
| Amounts payable | 17/49 | €279,618 | €787,468 | +€507,850 | +182% |
| Amounts payable within one year | 42/48 | €279,618 | €787,468 | +€507,850 | +182% |
| Trade debts | 44 | €166,939 | €459,249 | +€292,309 | +175% |
| Suppliers | 440/4 | €166,939 | €459,249 | +€292,309 | +175% |
| Taxes, remuneration and social security | 45 | €107,679 | €328,219 | +€220,540 | +205% |
| Taxes | 450/3 | €38,793 | €147,420 | +€108,627 | +280% |
| Remuneration and social security | 454/9 | €68,886 | €180,800 | +€111,913 | +162% |
| Other amounts payable | 47/48 | €5,000 | €0 | -€5,000 | -100% |
| Remuneration, social security and pensions | 62 | €184,582 | €1,464,160 | +€1.3m | +693% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,578 | +€2,578 | |
| Other operating charges | 640/8 | €431 | €5,204 | +€4,773 | +1,108% |
| Gross operating margin | 9900 | €174,835 | €1,520,210 | +€1.3m | +770% |
| Operating profit (loss) | 9901 | -€10,178 | €48,268 | +€58,446 | |
| Financial income | 75/76B | €1,188 | €2,907 | +€1,719 | +145% |
| Recurring financial income | 75 | €1,188 | €2,907 | +€1,719 | +145% |
| Financial charges | 65/66B | €428 | €414 | -€15 | -3.4% |
| Recurring financial charges | 65 | €428 | €414 | -€15 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,418 | €50,761 | +€60,179 | |
| Income taxes | 67/77 | -€720 | €16,399 | +€17,118 | |
| Profit (loss) for the period | 9904 | -€8,698 | €34,362 | +€43,061 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,698 | €34,362 | +€43,061 |
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.