Daar: 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.
Daar
Largest movements
- Cash +€14,387
up €14,387 (+274.4%), from €5,244 to €19,631
mainly Depreciation (+€23,261) and Net result for the year (+€12,406)
- Tangible fixed assets -€9,770
down €9,770 (-3.0%), from €326,234 to €316,464
of which Land and buildings: -€13,836
- Reserves +€12,406
up €12,406 (+20.3%), from €61,257 to €73,664
- Debts after one year -€8,500
down €8,500 (-5.3%), from €159,375 to €150,875
- Tax, wage and social debts -€5,263
down €5,263 (-93.3%), from €5,643 to €380
- Gross operating margin +€17,488
up €17,488 (+55.1%), from €31,738 to €49,226
- Depreciation +€12,868
up €12,868 (+123.8%), from €10,393 to €23,261
- Financial charges +€3,830
up €3,830 (+168.3%), from €2,276 to €6,106
- Other operating charges +€1,267
up €1,267 (+1073.9%), from €118 to €1,385
- Taxes -€926
down €926 (-18.8%), from €4,931 to €4,005
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 | €344,612 | €345,287 | +€674 | +0.2% |
| Fixed assets | 21/28 | €326,234 | €316,464 | -€9,770 | -3.0% |
| Tangible fixed assets | 22/27 | €326,234 | €316,464 | -€9,770 | -3.0% |
| Land and buildings | 22 | €268,761 | €254,925 | -€13,836 | -5.1% |
| Plant, machinery and equipment | 23 | €46,824 | €46,236 | -€588 | -1.3% |
| Furniture and vehicles | 24 | €6,841 | €9,023 | +€2,182 | +31.9% |
| Other tangible fixed assets | 26 | €3,808 | €6,280 | +€2,473 | +64.9% |
| Current assets | 29/58 | €18,378 | €28,822 | +€10,444 | +56.8% |
| Stocks and contracts in progress | 3 | €602 | €1,183 | +€580 | +96.3% |
| Stocks | 30/36 | €602 | €1,183 | +€580 | +96.3% |
| Amounts receivable within one year | 40/41 | €9,304 | €6,105 | -€3,199 | -34.4% |
| Trade receivables | 40 | €9,257 | €3,920 | -€5,337 | -57.7% |
| Other amounts receivable | 41 | €47 | €2,185 | +€2,138 | +4563.5% |
| Cash at bank and in hand | 54/58 | €5,244 | €19,631 | +€14,387 | +274.4% |
| Deferred charges and accrued income | 490/1 | €3,228 | €1,903 | -€1,325 | -41.0% |
| Total equity and liabilities | 10/49 | €344,612 | €345,287 | +€674 | +0.2% |
| Equity | 10/15 | €79,857 | €92,264 | +€12,406 | +15.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €61,257 | €73,664 | +€12,406 | +20.3% |
| Distributable reserves | 133 | €61,257 | €73,664 | +€12,406 | +20.3% |
| Amounts payable | 17/49 | €264,755 | €253,023 | -€11,732 | -4.4% |
| Amounts payable after more than one year | 17 | €159,375 | €150,875 | -€8,500 | -5.3% |
| Financial debts | 170/4 | €159,375 | €150,875 | -€8,500 | -5.3% |
| Amounts payable within one year | 42/48 | €105,380 | €101,748 | -€3,632 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €8,800 | €8,800 | = | 0.0% |
| Trade debts | 44 | - | €1,221 | +€1,221 | |
| Suppliers | 440/4 | - | €1,221 | +€1,221 | |
| Taxes, remuneration and social security | 45 | €5,643 | €380 | -€5,263 | -93.3% |
| Taxes | 450/3 | €5,643 | €380 | -€5,263 | -93.3% |
| Other amounts payable | 47/48 | €90,937 | €91,347 | +€410 | +0.5% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Non-recurring operating income | 76A | €274 | - | -€274 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,393 | €23,261 | +€12,868 | +123.8% |
| Other operating charges | 640/8 | €118 | €1,385 | +€1,267 | +1073.9% |
| Non-recurring operating charges | 66A | - | €2,081 | +€2,081 | |
| Gross operating margin | 9900 | €31,738 | €49,226 | +€17,488 | +55.1% |
| Operating profit (loss) | 9901 | €21,227 | €22,499 | +€1,272 | +6.0% |
| Financial income | 75/76B | €25 | €18 | -€7 | -26.6% |
| Recurring financial income | 75 | €25 | €18 | -€7 | -26.6% |
| Financial charges | 65/66B | €2,276 | €6,106 | +€3,830 | +168.3% |
| Recurring financial charges | 65 | €2,276 | €6,106 | +€3,830 | +168.3% |
| Profit (loss) for the period before taxes | 9903 | €18,976 | €16,412 | -€2,564 | -13.5% |
| Income taxes | 67/77 | €4,931 | €4,005 | -€926 | -18.8% |
| Profit (loss) for the period | 9904 | €14,045 | €12,406 | -€1,639 | -11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €14,045 | €12,406 | -€1,639 | -11.7% |
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 29 September 2026 via checked.be.