DAR RENOV: 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 RENOV
Largest movements
- Receivables within one year +€44,391
up €44,391 (+53.0%), from €83,772 to €128,163
of which Trade receivables: +€30,998
- Cash +€4,341
up €4,341 (+7.5%), from €58,262 to €62,603
mainly Debts after one year (+€26,292) and Net result for the year (+€17,414)
- Tangible fixed assets +€2,163
up €2,163 (+872%), from €248 to €2,411
of which Plant, machinery and equipment: +€2,163
- Debts after one year +€26,292
up €26,292 (+181%), from €14,502 to €40,794
- Profit (loss) carried forward +€17,414
up €17,414 (+20.3%), from €85,761 to €103,175
- Tax, wage and social debts +€6,677
up €6,677 (+18.5%), from €36,013 to €42,690
- Turnover +€320,266
new in 2025: €320,266
- Purchases and services +€138,058
up €138,058 (+92.8%), from €148,814 to €286,872
- Gross operating margin -€6,931
down €6,931 (-17.2%), from €40,325 to €33,394
- Staff costs +€5,661
new in 2025: €5,661
- Depreciation -€5,200
down €5,200 (-97.4%), from €5,337 to €137
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 | €142,282 | €193,177 | +€50,895 | +35.8% |
| Fixed assets | 21/28 | €248 | €2,411 | +€2,163 | +872% |
| Tangible fixed assets | 22/27 | €248 | €2,411 | +€2,163 | +872% |
| Plant, machinery and equipment | 23 | - | €2,163 | +€2,163 | |
| Furniture and vehicles | 24 | €248 | €248 | = | 0.0% |
| Current assets | 29/58 | €142,034 | €190,766 | +€48,732 | +34.3% |
| Amounts receivable within one year | 40/41 | €83,772 | €128,163 | +€44,391 | +53.0% |
| Trade receivables | 40 | €47,437 | €78,435 | +€30,998 | +65.3% |
| Other amounts receivable | 41 | €36,335 | €49,728 | +€13,393 | +36.9% |
| Cash at bank and in hand | 54/58 | €58,262 | €62,603 | +€4,341 | +7.5% |
| Total equity and liabilities | 10/49 | €142,282 | €193,177 | +€50,895 | +35.8% |
| Equity | 10/15 | €91,261 | €108,675 | +€17,414 | +19.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €500 | €500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Legal reserve | 130 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,761 | €103,175 | +€17,414 | +20.3% |
| Amounts payable | 17/49 | €51,021 | €84,502 | +€33,481 | +65.6% |
| Amounts payable after more than one year | 17 | €14,502 | €40,794 | +€26,292 | +181% |
| Financial debts | 170/4 | €14,502 | €40,794 | +€26,292 | +181% |
| Amounts payable within one year | 42/48 | €36,519 | €43,708 | +€7,189 | +19.7% |
| Trade debts | 44 | €506 | €1,018 | +€512 | +101% |
| Suppliers | 440/4 | €506 | €1,018 | +€512 | +101% |
| Taxes, remuneration and social security | 45 | €36,013 | €42,690 | +€6,677 | +18.5% |
| Taxes | 450/3 | €36,013 | €42,690 | +€6,677 | +18.5% |
| Turnover | 70 | - | €320,266 | +€320,266 | |
| Goods, raw materials, services and sundry goods | 60/61 | €148,814 | €286,872 | +€138,058 | +92.8% |
| Remuneration, social security and pensions | 62 | - | €5,661 | +€5,661 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,337 | €137 | -€5,200 | -97.4% |
| Other operating charges | 640/8 | €2,743 | €798 | -€1,945 | -70.9% |
| Gross operating margin | 9900 | €40,325 | €33,394 | -€6,931 | -17.2% |
| Operating profit (loss) | 9901 | €32,245 | €26,798 | -€5,447 | -16.9% |
| Financial charges | 65/66B | €1,446 | €4,160 | +€2,714 | +188% |
| Recurring financial charges | 65 | €1,446 | €4,160 | +€2,714 | +188% |
| Profit (loss) for the period before taxes | 9903 | €30,799 | €22,638 | -€8,161 | -26.5% |
| Income taxes | 67/77 | €7,082 | €5,224 | -€1,858 | -26.2% |
| Profit (loss) for the period | 9904 | €23,717 | €17,414 | -€6,303 | -26.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,717 | €17,414 | -€6,303 | -26.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.