AFGHAN DARBAR: what changed
AFGHAN DARBAR
Largest movements
- Cash -€92,109
down €92,109 (-66.1%), from €139,424 to €47,315
mainly Receivables within one year (-€54,171) and Tax, wage and social debts (-€37,291)
- Receivables within one year +€54,171
up €54,171 (+3,345%), from €1,620 to €55,791
of which Other amounts receivable: +€54,171
- Tangible fixed assets -€20,488
down €20,488 (-26.4%), from €77,483 to €56,995
of which Plant, machinery and equipment: -€20,422
- Stocks and contracts +€3,520
up €3,520 (+133%), from €2,644 to €6,163
- Tax, wage and social debts -€37,291
down €37,291 (-56.6%), from €65,846 to €28,555
of which Taxes: -€36,221
- Trade debts -€11,691
down €11,691 (-16.2%), from €72,073 to €60,382
- Reserves -€8,450
down €8,450 (-13.5%), from €62,389 to €53,940
- Accrued charges and deferred income +€2,526
up €2,526 (+43.1%), from €5,862 to €8,388
- Staff costs +€63,739
up €63,739 (+17.0%), from €374,106 to €437,845
- Gross operating margin -€23,028
down €23,028 (-4.7%), from €494,652 to €471,624
- Taxes -€13,847
down €13,847 (-100%), from €13,847 to €0
- Depreciation -€8,024
down €8,024 (-20.4%), from €39,243 to €31,219
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €221,170 | €166,264 | -€54,906 | -24.8% |
| Fixed assets | 21/28 | €77,483 | €56,995 | -€20,488 | -26.4% |
| Tangible fixed assets | 22/27 | €77,483 | €56,995 | -€20,488 | -26.4% |
| Land and buildings | 22 | - | €7,706 | +€7,706 | |
| Plant, machinery and equipment | 23 | €63,109 | €42,687 | -€20,422 | -32.4% |
| Other tangible fixed assets | 26 | €14,374 | €6,601 | -€7,772 | -54.1% |
| Current assets | 29/58 | €143,687 | €109,269 | -€34,418 | -24.0% |
| Stocks and contracts in progress | 3 | €2,644 | €6,163 | +€3,520 | +133% |
| Stocks | 30/36 | €2,644 | €6,163 | +€3,520 | +133% |
| Amounts receivable within one year | 40/41 | €1,620 | €55,791 | +€54,171 | +3,345% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,620 | €55,791 | +€54,171 | +3,345% |
| Cash at bank and in hand | 54/58 | €139,424 | €47,315 | -€92,109 | -66.1% |
| Total equity and liabilities | 10/49 | €221,170 | €166,264 | -€54,906 | -24.8% |
| Equity | 10/15 | €77,389 | €68,940 | -€8,450 | -10.9% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €62,389 | €53,940 | -€8,450 | -13.5% |
| Distributable reserves | 133 | €62,389 | €53,940 | -€8,450 | -13.5% |
| Amounts payable | 17/49 | €143,781 | €97,325 | -€46,456 | -32.3% |
| Amounts payable within one year | 42/48 | €137,919 | €88,937 | -€48,982 | -35.5% |
| Trade debts | 44 | €72,073 | €60,382 | -€11,691 | -16.2% |
| Suppliers | 440/4 | €72,073 | €60,382 | -€11,691 | -16.2% |
| Taxes, remuneration and social security | 45 | €65,846 | €28,555 | -€37,291 | -56.6% |
| Taxes | 450/3 | €36,221 | €0 | -€36,221 | -100% |
| Remuneration and social security | 454/9 | €29,625 | €28,555 | -€1,070 | -3.6% |
| Accrued charges and deferred income | 492/3 | €5,862 | €8,388 | +€2,526 | +43.1% |
| Non-recurring operating income | 76A | - | €51,413 | +€51,413 | |
| Remuneration, social security and pensions | 62 | €374,106 | €437,845 | +€63,739 | +17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,243 | €31,219 | -€8,024 | -20.4% |
| Other operating charges | 640/8 | €13,363 | €11,446 | -€1,917 | -14.3% |
| Gross operating margin | 9900 | €494,652 | €471,624 | -€23,028 | -4.7% |
| Operating profit (loss) | 9901 | €67,941 | -€8,885 | -€76,826 | |
| Financial income | 75/76B | €3 | €2,133 | +€2,130 | +70,993% |
| Recurring financial income | 75 | €3 | €2,133 | +€2,130 | +70,993% |
| Financial charges | 65/66B | €2,082 | €1,697 | -€385 | -18.5% |
| Recurring financial charges | 65 | €2,082 | €1,697 | -€385 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €65,862 | -€8,450 | -€74,311 | |
| Income taxes | 67/77 | €13,847 | €0 | -€13,847 | -100% |
| Profit (loss) for the period | 9904 | €52,015 | -€8,450 | -€60,465 | |
| Profit (loss) for the period to be appropriated | 9905 | €52,015 | -€8,450 | -€60,465 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.