D'ARO: 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.
D'ARO
Largest movements
- Cash +€1.3m
up €1.3m (+47.9%), from €2.6m to €3.9m
mainly Net result for the year (+€1.4m)
- Equity +€1.4m
up €1.4m (+15.5%), from €9.2m to €10.7m
of which Profit (loss) carried forward: +€7.4m
- Debts within one year -€170,170
down €170,170 (-93.8%), from €181,459 to €11,289
No income-statement line moved by more than 1% of the activity.
From the 2018 result to the 2019 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 2018 and 2019 balance sheets and the 2019 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2018 | 2019 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,421,593 | €10,682,616 | +€1.3m | +13.4% |
| Fixed assets | 21/28 | €6,789,029 | €6,789,029 | = | 0.0% |
| Financial fixed assets | 28 | €6,789,029 | €6,789,029 | = | 0.0% |
| Current assets | 29/58 | €2,632,563 | €3,893,587 | +€1.3m | +47.9% |
| Cash at bank and in hand | 54/58 | €2,632,563 | €3,893,587 | +€1.3m | +47.9% |
| Total equity and liabilities | 10/49 | €9,421,593 | €10,682,616 | +€1.3m | +13.4% |
| Equity | 10/15 | €9,240,134 | €10,671,327 | +€1.4m | +15.5% |
| Contributions | 10/11 | €6,000,000 | €6,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,434,866 | -€11,289 | +€7.4m | +99.8% |
| Amounts payable | 17/49 | €181,459 | €11,289 | -€170,170 | -93.8% |
| Amounts payable within one year | 42/48 | €181,459 | €11,289 | -€170,170 | -93.8% |
| Trade debts | 44 | €156,148 | €11,289 | -€144,859 | -92.8% |
| Operating profit (loss) | 9901 | -€169,593 | -€68,512 | +€101,081 | +59.6% |
| Recurring financial income | 75 | €1,499,760 | €1,499,760 | = | 0.0% |
| Recurring financial charges | 65 | €93 | €55 | -€38 | -41.2% |
| Profit (loss) for the period before taxes | 9903 | €1,330,074 | €1,431,193 | +€101,119 | +7.6% |
| Income taxes | 67/77 | -€0 | - | +€0 | |
| Profit (loss) for the period | 9904 | €1,330,074 | €1,431,193 | +€101,119 | +7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,330,074 | €1,431,193 | +€101,119 | +7.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2018 and 31 December 2019. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.