D.A.R.E. CONSULTING: 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.
What changed
D.A.R.E. CONSULTING
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€22,125
2024 · €21,761+€364
Equity
€698,101
2024 · €684,976+€13,125
Cash
€49,447
2024 · €22,344+€27,103
Balance sheet total
€2.8m
2024 · €3.0m-€161,324
Largest movements
Assets
- Current investments -€361,446
down €361,446 (-93.7%), from €385,952 to €24,506
- Tangible fixed assets +€233,081
up €233,081 (+9.6%), from €2.4m to €2.7m
of which Land and buildings: +€246,655
- Deferred charges and accrued income -€57,159
down €57,159 (-86.4%), from €66,136 to €8,977
Equity and liabilities
- Debts after one year -€139,096
down €139,096 (-7.7%), from €1.8m to €1.7m
- Trade debts -€48,472
down €48,472 (-53.0%), from €91,390 to €42,918
Income statement
- Other operating charges -€15,204
down €15,204 (-74.9%), from €20,286 to €5,082
- Depreciation +€14,585
up €14,585 (+12.8%), from €113,571 to €128,156
- Financial charges +€10,696
up €10,696 (+30.3%), from €35,293 to €45,989
- Gross operating margin +€5,850
up €5,850 (+2.9%), from €202,928 to €208,778
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
€21,761
Gross operating margin
+€5,850
Depreciation
-€14,585
Other operating charges
+€15,204
Other operating items
+€4,849
Financial income
-€42
Financial charges
-€10,696
Taxes
-€216
Result 2025
€22,125
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€184,209
Investment
+€209
Financing
-€157,315
Cash 2024
€22,344
From operations (derived)
+€184,209
Net result for the year
+€22,125
Depreciation
+€128,156
Receivables within one year
+€2,903
Deferred charges and accrued income
+€57,159
Trade debts
-€48,472
Tax, wage and social debts
-€4,208
Other debts
+€21,276
Accrued charges and deferred income
+€5,270
Investment (derived)
+€209
Investment in fixed assets (net)
-€361,237
Current investments
+€361,446
Financing
-€157,315
Debts after one year
-€139,096
Current portion of long-term debt
-€2,552
Short-term financial debts
-€6,667
Contributions, distributions and other
-€9,000
Cash 2025
€49,447
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,975,473 | €2,814,149 | -€161,324 | -5.4% |
| Fixed assets | 21/28 | €2,453,701 | €2,686,782 | +€233,081 | +9.5% |
| Tangible fixed assets | 22/27 | €2,433,700 | €2,666,781 | +€233,081 | +9.6% |
| Land and buildings | 22 | €2,351,248 | €2,597,903 | +€246,655 | +10.5% |
| Plant, machinery and equipment | 23 | €1,139 | €733 | -€406 | -35.6% |
| Furniture and vehicles | 24 | €59,908 | €47,256 | -€12,652 | -21.1% |
| Other tangible fixed assets | 26 | €21,405 | €20,889 | -€516 | -2.4% |
| Financial fixed assets | 28 | €20,001 | €20,001 | = | 0.0% |
| Current assets | 29/58 | €521,772 | €127,367 | -€394,405 | -75.6% |
| Amounts receivable within one year | 40/41 | €47,340 | €44,437 | -€2,903 | -6.1% |
| Trade receivables | 40 | €22,432 | €27,637 | +€5,205 | +23.2% |
| Other amounts receivable | 41 | €24,908 | €16,800 | -€8,108 | -32.6% |
| Current investments | 50/53 | €385,952 | €24,506 | -€361,446 | -93.7% |
| Cash at bank and in hand | 54/58 | €22,344 | €49,447 | +€27,103 | +121% |
| Deferred charges and accrued income | 490/1 | €66,136 | €8,977 | -€57,159 | -86.4% |
| Total equity and liabilities | 10/49 | €2,975,473 | €2,814,149 | -€161,324 | -5.4% |
| Equity | 10/15 | €684,976 | €698,101 | +€13,125 | +1.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €534,110 | €547,110 | +€13,000 | +2.4% |
| Tax-exempt reserves | 132 | €145,500 | €145,500 | = | 0.0% |
| Distributable reserves | 133 | €388,610 | €401,610 | +€13,000 | +3.3% |
| Profit (loss) carried forward | 14 | €144,666 | €144,791 | +€125 | +0.1% |
| Amounts payable | 17/49 | €2,290,497 | €2,116,048 | -€174,449 | -7.6% |
| Amounts payable after more than one year | 17 | €1,816,085 | €1,676,989 | -€139,096 | -7.7% |
| Financial debts | 170/4 | €1,816,085 | €1,676,989 | -€139,096 | -7.7% |
| Amounts payable within one year | 42/48 | €470,184 | €429,561 | -€40,623 | -8.6% |
| Current portion of amounts payable after more than one year | 42 | €194,649 | €192,097 | -€2,552 | -1.3% |
| Financial debts | 43 | €6,667 | - | -€6,667 | |
| Credit institutions | 430/8 | €6,667 | - | -€6,667 | |
| Trade debts | 44 | €91,390 | €42,918 | -€48,472 | -53.0% |
| Suppliers | 440/4 | €91,390 | €42,918 | -€48,472 | -53.0% |
| Taxes, remuneration and social security | 45 | €24,558 | €20,350 | -€4,208 | -17.1% |
| Taxes | 450/3 | €10,558 | €10,350 | -€208 | -2.0% |
| Remuneration and social security | 454/9 | €14,000 | €10,000 | -€4,000 | -28.6% |
| Other amounts payable | 47/48 | €152,920 | €174,196 | +€21,276 | +13.9% |
| Accrued charges and deferred income | 492/3 | €4,228 | €9,498 | +€5,270 | +125% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €113,571 | €128,156 | +€14,585 | +12.8% |
| Other operating charges | 640/8 | €20,286 | €5,082 | -€15,204 | -74.9% |
| Non-recurring operating charges | 66A | €4,849 | - | -€4,849 | |
| Gross operating margin | 9900 | €202,928 | €208,778 | +€5,850 | +2.9% |
| Operating profit (loss) | 9901 | €64,222 | €75,540 | +€11,318 | +17.6% |
| Financial income | 75/76B | €68 | €26 | -€42 | -61.8% |
| Recurring financial income | 75 | €68 | €26 | -€42 | -61.8% |
| Financial charges | 65/66B | €35,293 | €45,989 | +€10,696 | +30.3% |
| Recurring financial charges | 65 | €35,293 | €45,989 | +€10,696 | +30.3% |
| Profit (loss) for the period before taxes | 9903 | €28,997 | €29,577 | +€580 | +2.0% |
| Income taxes | 67/77 | €7,236 | €7,452 | +€216 | +3.0% |
| Profit (loss) for the period | 9904 | €21,761 | €22,125 | +€364 | +1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €21,761 | €22,125 | +€364 | +1.7% |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.