DAR: 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.
DAR
Largest movements
- Receivables within one year +€7,049
up €7,049 (+17.9%), from €39,376 to €46,425
of which Other amounts receivable: +€3,540
- Cash -€2,635
no longer reported in 2025 (was €2,635)
mainly Receivables within one year (-€7,049) and Debts after one year (-€2,394)
- Tangible fixed assets -€1,274
no longer reported in 2025 (was €1,274)
- Short-term financial debts +€2,918
new in 2025: €2,918
- Debts after one year -€2,394
down €2,394 (-61.9%), from €3,865 to €1,471
- Tax, wage and social debts +€2,142
up €2,142 (+285%), from €750 to €2,892
- Other debts +€1,178
new in 2025: €1,178
- Profit (loss) carried forward -€1,090
down €1,090 (-3.9%), from €27,825 to €26,734
- Gross operating margin -€2,380
down €2,380 (-48.6%), from €4,899 to €2,519
- Taxes -€1,467
down €1,467 (-74.9%), from €1,959 to €492
- Depreciation -€604
down €604 (-32.2%), from €1,878 to €1,274
- Financial charges +€406
up €406 (+45.8%), from €888 to €1,295
- Other operating charges +€397
up €397 (+262%), from €152 to €548
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 | €43,286 | €46,425 | +€3,139 | +7.3% |
| Fixed assets | 21/28 | €1,274 | - | -€1,274 | |
| Tangible fixed assets | 22/27 | €1,274 | - | -€1,274 | |
| Furniture and vehicles | 24 | €1,274 | - | -€1,274 | |
| Current assets | 29/58 | €42,012 | €46,425 | +€4,414 | +10.5% |
| Amounts receivable within one year | 40/41 | €39,376 | €46,425 | +€7,049 | +17.9% |
| Trade receivables | 40 | €356 | €3,865 | +€3,509 | +986% |
| Other amounts receivable | 41 | €39,020 | €42,560 | +€3,540 | +9.1% |
| Cash at bank and in hand | 54/58 | €2,635 | - | -€2,635 | |
| Total equity and liabilities | 10/49 | €43,286 | €46,425 | +€3,139 | +7.3% |
| Equity | 10/15 | €35,885 | €34,794 | -€1,090 | -3.0% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,825 | €26,734 | -€1,090 | -3.9% |
| Amounts payable | 17/49 | €7,402 | €11,631 | +€4,230 | +57.1% |
| Amounts payable after more than one year | 17 | €3,865 | €1,471 | -€2,394 | -61.9% |
| Financial debts | 170/4 | €3,865 | €1,471 | -€2,394 | -61.9% |
| Amounts payable within one year | 42/48 | €3,536 | €10,160 | +€6,624 | +187% |
| Current portion of amounts payable after more than one year | 42 | €2,243 | €2,394 | +€152 | +6.8% |
| Financial debts | 43 | - | €2,918 | +€2,918 | |
| Credit institutions | 430/8 | - | €2,918 | +€2,918 | |
| Trade debts | 44 | €543 | €778 | +€234 | +43.1% |
| Suppliers | 440/4 | €543 | €778 | +€234 | +43.1% |
| Taxes, remuneration and social security | 45 | €750 | €2,892 | +€2,142 | +285% |
| Taxes | 450/3 | €750 | €2,892 | +€2,142 | +285% |
| Other amounts payable | 47/48 | - | €1,178 | +€1,178 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,878 | €1,274 | -€604 | -32.2% |
| Other operating charges | 640/8 | €152 | €548 | +€397 | +262% |
| Gross operating margin | 9900 | €4,899 | €2,519 | -€2,380 | -48.6% |
| Operating profit (loss) | 9901 | €2,869 | €696 | -€2,173 | -75.7% |
| Financial charges | 65/66B | €888 | €1,295 | +€406 | +45.8% |
| Recurring financial charges | 65 | €888 | €1,295 | +€406 | +45.8% |
| Profit (loss) for the period before taxes | 9903 | €1,981 | -€598 | -€2,579 | |
| Income taxes | 67/77 | €1,959 | €492 | -€1,467 | -74.9% |
| Profit (loss) for the period | 9904 | €22 | -€1,090 | -€1,112 | |
| Profit (loss) for the period to be appropriated | 9905 | €22 | -€1,090 | -€1,112 |
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 18 October 2026 via checked.be.