DAKAR: 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.
DAKAR
Largest movements
- Cash -€10,269
down €10,269 (-36.5%), from €28,150 to €17,882
mainly Net result for the year (-€9,421) and Other debts (-€2,644)
- Tangible fixed assets -€1,202
down €1,202 (-29.9%), from €4,026 to €2,823
of which Plant, machinery and equipment: -€829
- Receivables within one year +€467
up €467 (+28.3%), from €1,653 to €2,120
- Profit (loss) carried forward -€9,421
down €9,421 (-68.2%), from -€13,811 to -€23,233
- Other debts -€2,644
down €2,644 (-46.7%), from €5,659 to €3,015
- Trade debts +€1,604
up €1,604 (+17.3%), from €9,271 to €10,875
- Tax, wage and social debts -€817
down €817 (-4.1%), from €20,038 to €19,221
of which Taxes: -€1,004
- Gross operating margin -€19,048
down €19,048 (-21.3%), from €89,240 to €70,192
- Staff costs -€1,230
down €1,230 (-1.6%), from €75,176 to €73,946
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 | €40,491 | €29,146 | -€11,345 | -28.0% |
| Fixed assets | 21/28 | €4,416 | €3,213 | -€1,202 | -27.2% |
| Tangible fixed assets | 22/27 | €4,026 | €2,823 | -€1,202 | -29.9% |
| Plant, machinery and equipment | 23 | €2,780 | €1,951 | -€829 | -29.8% |
| Furniture and vehicles | 24 | €1,246 | €873 | -€373 | -30.0% |
| Financial fixed assets | 28 | €390 | €390 | = | 0.0% |
| Current assets | 29/58 | €36,075 | €25,932 | -€10,143 | -28.1% |
| Stocks and contracts in progress | 3 | €6,272 | €5,931 | -€341 | -5.4% |
| Stocks | 30/36 | €6,272 | €5,931 | -€341 | -5.4% |
| Amounts receivable within one year | 40/41 | €1,653 | €2,120 | +€467 | +28.3% |
| Trade receivables | 40 | €1,653 | €2,120 | +€467 | +28.3% |
| Cash at bank and in hand | 54/58 | €28,150 | €17,882 | -€10,269 | -36.5% |
| Total equity and liabilities | 10/49 | €40,491 | €29,146 | -€11,345 | -28.0% |
| Equity | 10/15 | €4,789 | -€4,633 | -€9,421 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,811 | -€23,233 | -€9,421 | -68.2% |
| Amounts payable | 17/49 | €35,702 | €33,778 | -€1,924 | -5.4% |
| Amounts payable within one year | 42/48 | €35,702 | €33,778 | -€1,924 | -5.4% |
| Current portion of amounts payable after more than one year | 42 | €734 | €667 | -€67 | -9.1% |
| Trade debts | 44 | €9,271 | €10,875 | +€1,604 | +17.3% |
| Suppliers | 440/4 | €9,271 | €10,875 | +€1,604 | +17.3% |
| Taxes, remuneration and social security | 45 | €20,038 | €19,221 | -€817 | -4.1% |
| Taxes | 450/3 | €14,239 | €13,234 | -€1,004 | -7.1% |
| Remuneration and social security | 454/9 | €5,800 | €5,987 | +€187 | +3.2% |
| Other amounts payable | 47/48 | €5,659 | €3,015 | -€2,644 | -46.7% |
| Remuneration, social security and pensions | 62 | €75,176 | €73,946 | -€1,230 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,362 | €1,722 | -€640 | -27.1% |
| Other operating charges | 640/8 | €1,558 | €1,851 | +€293 | +18.8% |
| Gross operating margin | 9900 | €89,240 | €70,192 | -€19,048 | -21.3% |
| Operating profit (loss) | 9901 | €10,145 | -€7,327 | -€17,472 | |
| Financial charges | 65/66B | €2,200 | €2,094 | -€105 | -4.8% |
| Recurring financial charges | 65 | €2,200 | €2,094 | -€105 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €7,945 | -€9,421 | -€17,366 | |
| Income taxes | 67/77 | €785 | - | -€785 | |
| Profit (loss) for the period | 9904 | €7,160 | -€9,421 | -€16,581 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,160 | -€9,421 | -€16,581 |
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 28 October 2026 via checked.be.