DAAROM: 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.
DAAROM
Largest movements
- Tangible fixed assets +€661,310
up €661,310 (+549%), from €120,426 to €781,736
of which Land and buildings: +€635,733
- Current investments -€125,290
down €125,290 (-79.9%), from €156,725 to €31,435
- Receivables within one year +€23,905
up €23,905 (+118%), from €20,214 to €44,119
of which Trade receivables: +€23,905
- Cash -€18,130
down €18,130 (-67.8%), from €26,723 to €8,593
mainly Investment in fixed assets (net) (-€698,129) and Receivables within one year (-€23,905)
- Debts after one year +€417,247
new in 2025: €417,247
- Profit (loss) carried forward +€79,184
new in 2025: €79,184
- Current portion of long-term debt +€24,689
new in 2025: €24,689
- Other debts +€13,226
new in 2025: €13,226
- Other operating charges +€88,714
up €88,714 (+6,811%), from €1,302 to €90,017
- Taxes -€31,740
down €31,740 (-58.4%), from €54,310 to €22,570
- Gross operating margin +€14,530
up €14,530 (+7.0%), from €208,897 to €223,428
- Financial income +€7,749
up €7,749 (+902%), from €859 to €8,608
- Depreciation +€5,153
up €5,153 (+16.7%), from €30,901 to €36,053
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 | €324,088 | €866,648 | +€542,561 | +167% |
| Fixed assets | 21/28 | €120,426 | €782,502 | +€662,076 | +550% |
| Tangible fixed assets | 22/27 | €120,426 | €781,736 | +€661,310 | +549% |
| Land and buildings | 22 | - | €635,733 | +€635,733 | |
| Plant, machinery and equipment | 23 | €9,218 | €8,239 | -€979 | -10.6% |
| Furniture and vehicles | 24 | €111,208 | €80,878 | -€30,330 | -27.3% |
| Other tangible fixed assets | 26 | - | €56,885 | +€56,885 | |
| Financial fixed assets | 28 | - | €766 | +€766 | |
| Current assets | 29/58 | €203,662 | €84,147 | -€119,515 | -58.7% |
| Amounts receivable within one year | 40/41 | €20,214 | €44,119 | +€23,905 | +118% |
| Trade receivables | 40 | €20,214 | €44,119 | +€23,905 | +118% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €156,725 | €31,435 | -€125,290 | -79.9% |
| Cash at bank and in hand | 54/58 | €26,723 | €8,593 | -€18,130 | -67.8% |
| Total equity and liabilities | 10/49 | €324,088 | €866,648 | +€542,561 | +167% |
| Equity | 10/15 | €260,984 | €340,168 | +€79,184 | +30.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €255,984 | €255,984 | = | 0.0% |
| Distributable reserves | 133 | €255,984 | €255,984 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €79,184 | +€79,184 | |
| Amounts payable | 17/49 | €63,104 | €526,481 | +€463,376 | +734% |
| Amounts payable after more than one year | 17 | - | €417,247 | +€417,247 | |
| Financial debts | 170/4 | - | €417,247 | +€417,247 | |
| Amounts payable within one year | 42/48 | €63,104 | €109,233 | +€46,129 | +73.1% |
| Current portion of amounts payable after more than one year | 42 | - | €24,689 | +€24,689 | |
| Trade debts | 44 | €0 | €642 | +€642 | |
| Suppliers | 440/4 | €0 | €642 | +€642 | |
| Taxes, remuneration and social security | 45 | €63,104 | €70,676 | +€7,572 | +12.0% |
| Taxes | 450/3 | €63,104 | €70,676 | +€7,572 | +12.0% |
| Other amounts payable | 47/48 | - | €13,226 | +€13,226 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,901 | €36,053 | +€5,153 | +16.7% |
| Other operating charges | 640/8 | €1,302 | €90,017 | +€88,714 | +6,811% |
| Gross operating margin | 9900 | €208,897 | €223,428 | +€14,530 | +7.0% |
| Operating profit (loss) | 9901 | €176,694 | €97,358 | -€79,336 | -44.9% |
| Financial income | 75/76B | €859 | €8,608 | +€7,749 | +902% |
| Recurring financial income | 75 | €859 | €8,608 | +€7,749 | +902% |
| Financial charges | 65/66B | €286 | €4,211 | +€3,926 | +1,374% |
| Recurring financial charges | 65 | €286 | €4,211 | +€3,926 | +1,374% |
| Profit (loss) for the period before taxes | 9903 | €177,268 | €101,754 | -€75,513 | -42.6% |
| Income taxes | 67/77 | €54,310 | €22,570 | -€31,740 | -58.4% |
| Profit (loss) for the period | 9904 | €122,958 | €79,184 | -€43,773 | -35.6% |
| Profit (loss) for the period to be appropriated | 9905 | €122,958 | €79,184 | -€43,773 | -35.6% |
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 14 October 2026 via checked.be.