Updrive: 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.
Updrive
Largest movements
- Tangible fixed assets -€276
no longer reported in 2025 (was €276)
- Cash +€195
up €195 (+18.6%), from €1,049 to €1,244
mainly Net result for the year (+€448) and Debts after one year (+€400)
- Trade debts -€884
no longer reported in 2025 (was €884)
- Profit (loss) carried forward +€448
up €448 (+8.7%), from -€5,167 to -€4,719
- Debts after one year +€400
new in 2025: €400
- Other debts -€45
down €45 (-1.0%), from €4,608 to €4,563
- Gross operating margin +€1,676
up €1,676, from -€151 to €1,524
- Depreciation +€138
up €138 (+100.0%), from €138 to €276
- Other operating charges +€54
up €54 (+13.2%), from €411 to €465
- Financial charges -€33
down €33 (-8.4%), from €391 to €358
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 | €1,325 | €1,244 | -€81 | -6.1% |
| Fixed assets | 21/28 | €276 | - | -€276 | |
| Tangible fixed assets | 22/27 | €276 | - | -€276 | |
| Plant, machinery and equipment | 23 | €276 | - | -€276 | |
| Current assets | 29/58 | €1,049 | €1,244 | +€195 | +18.6% |
| Cash at bank and in hand | 54/58 | €1,049 | €1,244 | +€195 | +18.6% |
| Total equity and liabilities | 10/49 | €1,325 | €1,244 | -€81 | -6.1% |
| Equity | 10/15 | -€4,167 | -€3,719 | +€448 | +10.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,167 | -€4,719 | +€448 | +8.7% |
| Amounts payable | 17/49 | €5,492 | €4,963 | -€529 | -9.6% |
| Amounts payable after more than one year | 17 | - | €400 | +€400 | |
| Trade debts | 175 | - | €400 | +€400 | |
| Amounts payable within one year | 42/48 | €5,492 | €4,563 | -€929 | -16.9% |
| Trade debts | 44 | €884 | - | -€884 | |
| Suppliers | 440/4 | €884 | - | -€884 | |
| Other amounts payable | 47/48 | €4,608 | €4,563 | -€45 | -1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €138 | €276 | +€138 | +100.0% |
| Other operating charges | 640/8 | €411 | €465 | +€54 | +13.2% |
| Gross operating margin | 9900 | -€151 | €1,524 | +€1,676 | |
| Operating profit (loss) | 9901 | -€701 | €783 | +€1,484 | |
| Financial income | 75/76B | €34 | €24 | -€10 | -30.7% |
| Recurring financial income | 75 | €34 | €24 | -€10 | -30.7% |
| Financial charges | 65/66B | €391 | €358 | -€33 | -8.4% |
| Recurring financial charges | 65 | €391 | €358 | -€33 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,058 | €448 | +€1,506 | |
| Profit (loss) for the period | 9904 | -€1,058 | €448 | +€1,506 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,058 | €448 | +€1,506 |
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 31 October 2026 via checked.be.