Start2drive: 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.
Start2drive
Largest movements
- Cash +€32,889
up €32,889 (+12.3%), from €266,350 to €299,238
mainly Other debts (+€148,523) and Net result for the year (+€102,603)
- Receivables after one year +€31,250
up €31,250 (+98.4%), from €31,750 to €63,000
- Tangible fixed assets -€8,492
down €8,492 (-8.7%), from €97,075 to €88,584
of which Furniture and vehicles: -€17,961
- Other debts +€148,523
new in 2025: €148,523
- Reserves -€84,445
down €84,445 (-21.5%), from €392,399 to €307,953
of which Distributable reserves: -€84,445
- Tax, wage and social debts -€10,622
down €10,622 (-56.5%), from €18,784 to €8,162
- Gross operating margin +€26,171
up €26,171 (+16.4%), from €159,339 to €185,509
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 | €422,255 | €471,690 | +€49,435 | +11.7% |
| Fixed assets | 21/28 | €101,575 | €88,584 | -€12,992 | -12.8% |
| Tangible fixed assets | 22/27 | €97,075 | €88,584 | -€8,492 | -8.7% |
| Plant, machinery and equipment | 23 | €10,350 | €7,908 | -€2,443 | -23.6% |
| Furniture and vehicles | 24 | €84,806 | €66,845 | -€17,961 | -21.2% |
| Other tangible fixed assets | 26 | €1,918 | €13,831 | +€11,912 | +621.0% |
| Financial fixed assets | 28 | €4,500 | €0 | -€4,500 | -100.0% |
| Current assets | 29/58 | €320,680 | €383,106 | +€62,426 | +19.5% |
| Amounts receivable after more than one year | 29 | €31,750 | €63,000 | +€31,250 | +98.4% |
| Other amounts receivable | 291 | €31,750 | €63,000 | +€31,250 | +98.4% |
| Amounts receivable within one year | 40/41 | €14,744 | €16,323 | +€1,578 | +10.7% |
| Trade receivables | 40 | €6,559 | €9,658 | +€3,099 | +47.2% |
| Other amounts receivable | 41 | €8,185 | €6,664 | -€1,520 | -18.6% |
| Cash at bank and in hand | 54/58 | €266,350 | €299,238 | +€32,889 | +12.3% |
| Deferred charges and accrued income | 490/1 | €7,836 | €4,545 | -€3,291 | -42.0% |
| Total equity and liabilities | 10/49 | €422,255 | €471,690 | +€49,435 | +11.7% |
| Equity | 10/15 | €397,399 | €312,953 | -€84,445 | -21.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €392,399 | €307,953 | -€84,445 | -21.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €392,399 | €307,953 | -€84,445 | -21.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €24,856 | €158,736 | +€133,880 | +538.6% |
| Amounts payable within one year | 42/48 | €24,053 | €158,736 | +€134,684 | +560.0% |
| Trade debts | 44 | €5,269 | €2,052 | -€3,217 | -61.1% |
| Suppliers | 440/4 | €5,269 | €2,052 | -€3,217 | -61.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €18,784 | €8,162 | -€10,622 | -56.5% |
| Taxes | 450/3 | €18,784 | €8,162 | -€10,622 | -56.5% |
| Other amounts payable | 47/48 | - | €148,523 | +€148,523 | |
| Accrued charges and deferred income | 492/3 | €804 | €0 | -€804 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,952 | €49,761 | -€1,191 | -2.3% |
| Other operating charges | 640/8 | €1,901 | €2,440 | +€539 | +28.4% |
| Gross operating margin | 9900 | €159,339 | €185,509 | +€26,171 | +16.4% |
| Operating profit (loss) | 9901 | €106,485 | €133,308 | +€26,823 | +25.2% |
| Financial income | 75/76B | €1,683 | €3,440 | +€1,757 | +104.4% |
| Recurring financial income | 75 | €1,683 | €3,440 | +€1,757 | +104.4% |
| Financial charges | 65/66B | €84 | €114 | +€30 | +35.3% |
| Recurring financial charges | 65 | €84 | €114 | +€30 | +35.3% |
| Profit (loss) for the period before taxes | 9903 | €108,084 | €136,634 | +€28,550 | +26.4% |
| Income taxes | 67/77 | €34,212 | €34,031 | -€181 | -0.5% |
| Profit (loss) for the period | 9904 | €73,873 | €102,603 | +€28,731 | +38.9% |
| Profit (loss) for the period to be appropriated | 9905 | €73,873 | €102,603 | +€28,731 | +38.9% |
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 7 October 2026 via checked.be.