Dare - explore design change: 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.
Dare - explore design change
Largest movements
- Cash +€45,250
up €45,250 (+225%), from €20,075 to €65,325
mainly Net result for the year (+€44,509) and Depreciation (+€23,399)
- Receivables within one year +€21,267
up €21,267 (+85.7%), from €24,829 to €46,096
of which Trade receivables: +€19,971
- Tangible fixed assets -€17,974
down €17,974 (-15.6%), from €115,363 to €97,388
of which Leasing and similar rights: -€17,894
- Intangible fixed assets -€4,259
down €4,259 (-24.2%), from €17,595 to €13,336
- Profit (loss) carried forward +€44,509
up €44,509 (+35.7%), from -€124,648 to -€80,140
- Debts after one year -€9,751
down €9,751 (-9.2%), from €106,417 to €96,666
- Accrued charges and deferred income +€8,835
new in 2025: €8,835
- Gross operating margin +€79,462
up €79,462 (+230%), from €34,572 to €114,033
- Staff costs +€7,978
up €7,978 (+23.6%), from €33,788 to €41,766
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 | €179,073 | €223,740 | +€44,668 | +24.9% |
| Fixed assets | 21/28 | €132,958 | €110,725 | -€22,233 | -16.7% |
| Intangible fixed assets | 21 | €17,595 | €13,336 | -€4,259 | -24.2% |
| Tangible fixed assets | 22/27 | €115,363 | €97,388 | -€17,974 | -15.6% |
| Plant, machinery and equipment | 23 | - | €831 | +€831 | |
| Furniture and vehicles | 24 | €1,868 | €1,222 | -€646 | -34.6% |
| Leasing and similar rights | 25 | €111,644 | €93,750 | -€17,894 | -16.0% |
| Other tangible fixed assets | 26 | €1,850 | €1,585 | -€265 | -14.3% |
| Current assets | 29/58 | €46,114 | €113,015 | +€66,901 | +145% |
| Amounts receivable within one year | 40/41 | €24,829 | €46,096 | +€21,267 | +85.7% |
| Trade receivables | 40 | €24,829 | €44,800 | +€19,971 | +80.4% |
| Other amounts receivable | 41 | - | €1,296 | +€1,296 | |
| Cash at bank and in hand | 54/58 | €20,075 | €65,325 | +€45,250 | +225% |
| Deferred charges and accrued income | 490/1 | €1,210 | €1,594 | +€384 | +31.7% |
| Total equity and liabilities | 10/49 | €179,073 | €223,740 | +€44,668 | +24.9% |
| Equity | 10/15 | €9,952 | €54,460 | +€44,509 | +447% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €116,000 | €116,000 | = | 0.0% |
| Distributable reserves | 133 | €116,000 | €116,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€124,648 | -€80,140 | +€44,509 | +35.7% |
| Amounts payable | 17/49 | €169,121 | €169,280 | +€159 | +0.1% |
| Amounts payable after more than one year | 17 | €106,417 | €96,666 | -€9,751 | -9.2% |
| Financial debts | 170/4 | €106,417 | €96,666 | -€9,751 | -9.2% |
| Amounts payable within one year | 42/48 | €62,704 | €63,778 | +€1,074 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €10,200 | €9,708 | -€492 | -4.8% |
| Trade debts | 44 | €2,151 | €4,100 | +€1,949 | +90.6% |
| Suppliers | 440/4 | €2,151 | €4,100 | +€1,949 | +90.6% |
| Taxes, remuneration and social security | 45 | €9,589 | €9,631 | +€42 | +0.4% |
| Taxes | 450/3 | €4,723 | - | -€4,723 | |
| Remuneration and social security | 454/9 | €4,867 | €9,631 | +€4,764 | +97.9% |
| Other amounts payable | 47/48 | €40,764 | €40,340 | -€424 | -1.0% |
| Accrued charges and deferred income | 492/3 | - | €8,835 | +€8,835 | |
| Remuneration, social security and pensions | 62 | €33,788 | €41,766 | +€7,978 | +23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,397 | €23,399 | +€2 | 0.0% |
| Other operating charges | 640/8 | €2,056 | €1,559 | -€497 | -24.2% |
| Gross operating margin | 9900 | €34,572 | €114,033 | +€79,462 | +230% |
| Operating profit (loss) | 9901 | -€24,670 | €47,309 | +€71,979 | |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €2,203 | €2,802 | +€599 | +27.2% |
| Recurring financial charges | 65 | €2,203 | €2,802 | +€599 | +27.2% |
| Profit (loss) for the period before taxes | 9903 | -€26,873 | €44,509 | +€71,382 | |
| Income taxes | 67/77 | -€22 | - | +€22 | |
| Profit (loss) for the period | 9904 | -€26,851 | €44,509 | +€71,360 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,851 | €44,509 | +€71,360 |
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 17 October 2026 via checked.be.