DAR AFRAH: 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 AFRAH
Largest movements
- Receivables within one year -€6,098
down €6,098 (-75.0%), from €8,127 to €2,029
of which Other amounts receivable: -€6,822
- Cash -€539
down €539 (-39.1%), from €1,377 to €839
mainly Net result for the year (-€15,403) and Tax, wage and social debts (-€8,646)
- Stocks and contracts -€146
down €146 (-16.6%), from €881 to €735
- Other debts +€15,657
new in 2024: €15,657
- Profit (loss) carried forward -€15,403
down €15,403 (-69.5%), from -€22,151 to -€37,555
- Tax, wage and social debts -€8,646
down €8,646 (-35.5%), from €24,338 to €15,692
of which Remuneration and social security: -€11,819
- Trade debts +€1,541
up €1,541 (+18.6%), from €8,266 to €9,808
- Staff costs -€3,180
down €3,180 (-5.2%), from €60,930 to €57,750
- Other operating charges -€2,792
down €2,792 (-67.6%), from €4,130 to €1,338
- Gross operating margin -€2,610
down €2,610 (-5.5%), from €47,669 to €45,060
- Taxes +€596
new in 2024: €596
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,453 | €3,602 | -€6,851 | -65.5% |
| Fixed assets | 21/28 | €68 | - | -€68 | |
| Tangible fixed assets | 22/27 | €68 | - | -€68 | |
| Plant, machinery and equipment | 23 | €68 | - | -€68 | |
| Current assets | 29/58 | €10,385 | €3,602 | -€6,783 | -65.3% |
| Stocks and contracts in progress | 3 | €881 | €735 | -€146 | -16.6% |
| Stocks | 30/36 | €881 | €735 | -€146 | -16.6% |
| Amounts receivable within one year | 40/41 | €8,127 | €2,029 | -€6,098 | -75.0% |
| Trade receivables | 40 | €589 | €1,313 | +€723 | +122.7% |
| Other amounts receivable | 41 | €7,538 | €716 | -€6,822 | -90.5% |
| Cash at bank and in hand | 54/58 | €1,377 | €839 | -€539 | -39.1% |
| Total equity and liabilities | 10/49 | €10,453 | €3,602 | -€6,851 | -65.5% |
| Equity | 10/15 | -€22,151 | -€37,555 | -€15,403 | -69.5% |
| Profit (loss) carried forward | 14 | -€22,151 | -€37,555 | -€15,403 | -69.5% |
| Amounts payable | 17/49 | €32,604 | €41,157 | +€8,553 | +26.2% |
| Amounts payable within one year | 42/48 | €32,604 | €41,157 | +€8,553 | +26.2% |
| Trade debts | 44 | €8,266 | €9,808 | +€1,541 | +18.6% |
| Suppliers | 440/4 | €8,266 | €9,808 | +€1,541 | +18.6% |
| Taxes, remuneration and social security | 45 | €24,338 | €15,692 | -€8,646 | -35.5% |
| Taxes | 450/3 | €5,031 | €8,204 | +€3,174 | +63.1% |
| Remuneration and social security | 454/9 | €19,307 | €7,488 | -€11,819 | -61.2% |
| Other amounts payable | 47/48 | - | €15,657 | +€15,657 | |
| Remuneration, social security and pensions | 62 | €60,930 | €57,750 | -€3,180 | -5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €163 | €68 | -€95 | -58.3% |
| Other operating charges | 640/8 | €4,130 | €1,338 | -€2,792 | -67.6% |
| Gross operating margin | 9900 | €47,669 | €45,060 | -€2,610 | -5.5% |
| Operating profit (loss) | 9901 | -€17,553 | -€14,096 | +€3,457 | +19.7% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €625 | €714 | +€89 | +14.3% |
| Recurring financial charges | 65 | €625 | €714 | +€89 | +14.3% |
| Profit (loss) for the period before taxes | 9903 | -€18,177 | -€14,807 | +€3,371 | +18.5% |
| Income taxes | 67/77 | - | €596 | +€596 | |
| Profit (loss) for the period | 9904 | -€18,177 | -€15,403 | +€2,774 | +15.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,177 | -€15,403 | +€2,774 | +15.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.