DACAREST: 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.
DACAREST
Largest movements
- Tangible fixed assets -€132,806
down €132,806 (-28.9%), from €460,250 to €327,444
- Receivables within one year -€102,732
down €102,732 (-44.1%), from €233,028 to €130,296
of which Other amounts receivable: -€104,215
- Cash +€102,340
up €102,340 (+43.8%), from €233,896 to €336,236
mainly Depreciation (+€147,456) and Receivables within one year (+€102,732)
- Deferred charges and accrued income -€29,974
down €29,974 (-74.2%), from €40,373 to €10,399
- Profit (loss) carried forward -€131,496
down €131,496 (-59.1%), from €222,423 to €90,927
- Debts after one year -€105,681
no longer reported in 2025 (was €105,681)
- Other debts +€75,000
up €75,000 (+71.4%), from €105,000 to €180,000
- Current portion of long-term debt -€40,455
down €40,455 (-27.7%), from €146,136 to €105,681
- Contributions +€39,000
up €39,000 (+108.3%), from €36,000 to €75,000
- Gross operating margin +€114,096
up €114,096 (+11.1%), from €1.0m to €1.1m
- Staff costs +€29,733
up €29,733 (+3.5%), from €860,306 to €890,038
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 | €991,999 | €830,721 | -€161,278 | -16.3% |
| Fixed assets | 21/28 | €460,250 | €327,444 | -€132,806 | -28.9% |
| Tangible fixed assets | 22/27 | €460,250 | €327,444 | -€132,806 | -28.9% |
| Plant, machinery and equipment | 23 | €460,250 | €327,444 | -€132,806 | -28.9% |
| Current assets | 29/58 | €531,748 | €503,276 | -€28,472 | -5.4% |
| Stocks and contracts in progress | 3 | €24,451 | €26,345 | +€1,894 | +7.7% |
| Stocks | 30/36 | €24,451 | €26,345 | +€1,894 | +7.7% |
| Amounts receivable within one year | 40/41 | €233,028 | €130,296 | -€102,732 | -44.1% |
| Trade receivables | 40 | - | €1,482 | +€1,482 | |
| Other amounts receivable | 41 | €233,028 | €128,814 | -€104,215 | -44.7% |
| Cash at bank and in hand | 54/58 | €233,896 | €336,236 | +€102,340 | +43.8% |
| Deferred charges and accrued income | 490/1 | €40,373 | €10,399 | -€29,974 | -74.2% |
| Total equity and liabilities | 10/49 | €991,999 | €830,721 | -€161,278 | -16.3% |
| Equity | 10/15 | €288,663 | €190,945 | -€97,718 | -33.9% |
| Contributions | 10/11 | €36,000 | €75,000 | +€39,000 | +108.3% |
| Reserves | 13 | €30,240 | €25,018 | -€5,222 | -17.3% |
| Tax-exempt reserves | 132 | €30,240 | €25,018 | -€5,222 | -17.3% |
| Profit (loss) carried forward | 14 | €222,423 | €90,927 | -€131,496 | -59.1% |
| Amounts payable | 17/49 | €703,336 | €639,775 | -€63,560 | -9.0% |
| Amounts payable after more than one year | 17 | €105,681 | - | -€105,681 | |
| Financial debts | 170/4 | €105,681 | - | -€105,681 | |
| Amounts payable within one year | 42/48 | €597,654 | €639,775 | +€42,121 | +7.0% |
| Current portion of amounts payable after more than one year | 42 | €146,136 | €105,681 | -€40,455 | -27.7% |
| Trade debts | 44 | €257,658 | €263,575 | +€5,917 | +2.3% |
| Suppliers | 440/4 | €257,658 | €263,575 | +€5,917 | +2.3% |
| Taxes, remuneration and social security | 45 | €88,861 | €90,519 | +€1,658 | +1.9% |
| Taxes | 450/3 | €3,414 | €8,674 | +€5,260 | +154.1% |
| Remuneration and social security | 454/9 | €85,447 | €81,845 | -€3,602 | -4.2% |
| Other amounts payable | 47/48 | €105,000 | €180,000 | +€75,000 | +71.4% |
| Remuneration, social security and pensions | 62 | €860,306 | €890,038 | +€29,733 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €146,501 | €147,456 | +€955 | +0.7% |
| Other operating charges | 640/8 | €6,880 | €4,786 | -€2,094 | -30.4% |
| Gross operating margin | 9900 | €1,026,777 | €1,140,872 | +€114,096 | +11.1% |
| Operating profit (loss) | 9901 | €13,089 | €98,591 | +€85,502 | +653.2% |
| Financial charges | 65/66B | €7,930 | €10,218 | +€2,288 | +28.9% |
| Recurring financial charges | 65 | €7,930 | €10,218 | +€2,288 | +28.9% |
| Profit (loss) for the period before taxes | 9903 | €5,160 | €88,373 | +€83,214 | +1612.8% |
| Income taxes | 67/77 | - | €6,091 | +€6,091 | |
| Profit (loss) for the period | 9904 | €5,160 | €82,282 | +€77,123 | +1494.8% |
| Transfer from tax-exempt reserves | 789 | €5,222 | €5,222 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,381 | €87,504 | +€77,123 | +742.9% |
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 28 September 2026 via checked.be.