Dalar: 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.
Dalar
Largest movements
- Receivables within one year -€130,645
down €130,645 (-34.0%), from €384,342 to €253,698
of which Other amounts receivable: -€95,101
- Cash -€92,983
down €92,983 (-93.6%), from €99,292 to €6,309
mainly Accrued charges and deferred income (-€154,393) and Investment in fixed assets (net) (-€64,587)
- Tangible fixed assets +€14,365
up €14,365 (+1.7%), from €845,381 to €859,746
of which Land and buildings: +€36,218
- Accrued charges and deferred income -€154,393
down €154,393 (-98.8%), from €156,318 to €1,925
- Reserves +€64,889
up €64,889 (+20.1%), from €322,124 to €387,013
- Trade debts -€51,594
down €51,594 (-97.1%), from €53,136 to €1,542
- Tax, wage and social debts -€51,581
down €51,581 (-77.1%), from €66,920 to €15,339
- Debts after one year -€46,734
down €46,734 (-6.8%), from €687,933 to €641,199
- Gross operating margin -€68,626
down €68,626 (-31.4%), from €218,484 to €149,858
- Taxes -€17,000
down €17,000 (-41.0%), from €41,503 to €24,503
- Financial income +€11,095
up €11,095 (+210%), from €5,296 to €16,391
- Depreciation +€9,749
up €9,749 (+24.1%), from €40,474 to €50,223
- Financial charges +€4,222
up €4,222 (+20.5%), from €20,546 to €24,768
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 | €1,332,322 | €1,119,752 | -€212,569 | -16.0% |
| Fixed assets | 21/28 | €845,381 | €859,746 | +€14,365 | +1.7% |
| Tangible fixed assets | 22/27 | €845,381 | €859,746 | +€14,365 | +1.7% |
| Land and buildings | 22 | €765,927 | €802,145 | +€36,218 | +4.7% |
| Furniture and vehicles | 24 | €79,454 | €57,601 | -€21,853 | -27.5% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €486,940 | €260,006 | -€226,934 | -46.6% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €384,342 | €253,698 | -€130,645 | -34.0% |
| Trade receivables | 40 | €35,544 | €0 | -€35,544 | -100% |
| Other amounts receivable | 41 | €348,799 | €253,698 | -€95,101 | -27.3% |
| Cash at bank and in hand | 54/58 | €99,292 | €6,309 | -€92,983 | -93.6% |
| Deferred charges and accrued income | 490/1 | €3,306 | €0 | -€3,306 | -100% |
| Total equity and liabilities | 10/49 | €1,332,322 | €1,119,752 | -€212,569 | -16.0% |
| Equity | 10/15 | €323,124 | €388,013 | +€64,889 | +20.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €322,124 | €387,013 | +€64,889 | +20.1% |
| Distributable reserves | 133 | €322,124 | €387,013 | +€64,889 | +20.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,009,198 | €731,739 | -€277,458 | -27.5% |
| Amounts payable after more than one year | 17 | €687,933 | €641,199 | -€46,734 | -6.8% |
| Financial debts | 170/4 | €687,933 | €641,199 | -€46,734 | -6.8% |
| Amounts payable within one year | 42/48 | €164,946 | €88,615 | -€76,331 | -46.3% |
| Current portion of amounts payable after more than one year | 42 | €44,890 | €46,734 | +€1,844 | +4.1% |
| Financial debts | 43 | - | €25,000 | +€25,000 | |
| Credit institutions | 430/8 | - | €25,000 | +€25,000 | |
| Trade debts | 44 | €53,136 | €1,542 | -€51,594 | -97.1% |
| Suppliers | 440/4 | €53,136 | €1,542 | -€51,594 | -97.1% |
| Taxes, remuneration and social security | 45 | €66,920 | €15,339 | -€51,581 | -77.1% |
| Taxes | 450/3 | €66,920 | €15,339 | -€51,581 | -77.1% |
| Accrued charges and deferred income | 492/3 | €156,318 | €1,925 | -€154,393 | -98.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,474 | €50,223 | +€9,749 | +24.1% |
| Other operating charges | 640/8 | €1,000 | €1,866 | +€865 | +86.5% |
| Gross operating margin | 9900 | €218,484 | €149,858 | -€68,626 | -31.4% |
| Operating profit (loss) | 9901 | €177,010 | €97,770 | -€79,240 | -44.8% |
| Financial income | 75/76B | €5,296 | €16,391 | +€11,095 | +210% |
| Recurring financial income | 75 | €5,296 | €16,391 | +€11,095 | +210% |
| Financial charges | 65/66B | €20,546 | €24,768 | +€4,222 | +20.5% |
| Recurring financial charges | 65 | €20,546 | €24,768 | +€4,222 | +20.5% |
| Profit (loss) for the period before taxes | 9903 | €161,759 | €89,392 | -€72,367 | -44.7% |
| Income taxes | 67/77 | €41,503 | €24,503 | -€17,000 | -41.0% |
| Profit (loss) for the period | 9904 | €120,256 | €64,889 | -€55,367 | -46.0% |
| Profit (loss) for the period to be appropriated | 9905 | €120,256 | €64,889 | -€55,367 | -46.0% |
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 15 October 2026 via checked.be.