Daerves: 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.
Daerves
Largest movements
- Tangible fixed assets +€39,029
new in 2025: €39,029
of which Furniture and vehicles: +€36,879
- Cash +€28,158
up €28,158 (+95.7%), from €29,408 to €57,566
mainly Debts after one year (+€25,057) and Net result for the year (+€19,760)
- Receivables within one year -€11,182
down €11,182 (-87.4%), from €12,799 to €1,617
of which Trade receivables: -€5,630
- Debts after one year +€25,057
new in 2025: €25,057
- Reserves +€19,760
up €19,760 (+84.2%), from €23,466 to €43,226
- Current portion of long-term debt +€11,379
new in 2025: €11,379
- Tax, wage and social debts -€1,283
down €1,283 (-14.6%), from €8,818 to €7,535
- Depreciation +€5,357
new in 2025: €5,357
- Gross operating margin +€2,341
up €2,341 (+7.3%), from €32,041 to €34,382
- Taxes -€1,283
down €1,283 (-14.6%), from €8,818 to €7,535
- Other operating charges +€824
up €824 (+781%), from €106 to €930
- Financial charges +€767
up €767 (+2,260%), from €34 to €801
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 | €42,307 | €98,311 | +€56,005 | +132% |
| Fixed assets | 21/28 | €100 | €39,129 | +€39,029 | +39,029% |
| Tangible fixed assets | 22/27 | - | €39,029 | +€39,029 | |
| Plant, machinery and equipment | 23 | - | €2,149 | +€2,149 | |
| Furniture and vehicles | 24 | - | €36,879 | +€36,879 | |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €42,207 | €59,183 | +€16,976 | +40.2% |
| Amounts receivable within one year | 40/41 | €12,799 | €1,617 | -€11,182 | -87.4% |
| Trade receivables | 40 | €5,630 | - | -€5,630 | |
| Other amounts receivable | 41 | €7,169 | €1,617 | -€5,552 | -77.4% |
| Cash at bank and in hand | 54/58 | €29,408 | €57,566 | +€28,158 | +95.7% |
| Total equity and liabilities | 10/49 | €42,307 | €98,311 | +€56,005 | +132% |
| Equity | 10/15 | €33,466 | €53,226 | +€19,760 | +59.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €23,466 | €43,226 | +€19,760 | +84.2% |
| Distributable reserves | 133 | €23,466 | €43,226 | +€19,760 | +84.2% |
| Amounts payable | 17/49 | €8,841 | €45,086 | +€36,244 | +410% |
| Amounts payable after more than one year | 17 | - | €25,057 | +€25,057 | |
| Financial debts | 170/4 | - | €25,057 | +€25,057 | |
| Amounts payable within one year | 42/48 | €8,841 | €20,028 | +€11,187 | +127% |
| Current portion of amounts payable after more than one year | 42 | - | €11,379 | +€11,379 | |
| Trade debts | 44 | €23 | €185 | +€161 | +691% |
| Suppliers | 440/4 | €23 | €185 | +€161 | +691% |
| Taxes, remuneration and social security | 45 | €8,818 | €7,535 | -€1,283 | -14.6% |
| Taxes | 450/3 | €8,818 | €7,535 | -€1,283 | -14.6% |
| Other amounts payable | 47/48 | - | €930 | +€930 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,357 | +€5,357 | |
| Other operating charges | 640/8 | €106 | €930 | +€824 | +781% |
| Gross operating margin | 9900 | €32,041 | €34,382 | +€2,341 | +7.3% |
| Operating profit (loss) | 9901 | €31,936 | €28,096 | -€3,840 | -12.0% |
| Financial income | 75/76B | €381 | - | -€381 | |
| Recurring financial income | 75 | €381 | - | -€381 | |
| Financial charges | 65/66B | €34 | €801 | +€767 | +2,260% |
| Recurring financial charges | 65 | €34 | €801 | +€767 | +2,260% |
| Profit (loss) for the period before taxes | 9903 | €32,283 | €27,295 | -€4,988 | -15.5% |
| Income taxes | 67/77 | €8,818 | €7,535 | -€1,283 | -14.6% |
| Profit (loss) for the period | 9904 | €23,466 | €19,760 | -€3,705 | -15.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,466 | €19,760 | -€3,705 | -15.8% |
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 13 October 2026 via checked.be.