DARE.SEE: 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.SEE
Largest movements
- Cash -€8,389
down €8,389 (-100%), from €8,389 to €0
mainly Trade debts (-€9,191) and Tax, wage and social debts (-€5,088)
- Receivables within one year -€4,809
down €4,809 (-99.4%), from €4,836 to €27
of which Trade receivables: -€3,162
- Tangible fixed assets -€410
down €410 (-28.5%), from €1,436 to €1,026
of which Plant, machinery and equipment: -€342
- Financial fixed assets -€200
down €200 (-100%), from €200 to €0
- Deferred charges and accrued income -€160
down €160 (-54.5%), from €293 to €133
- Trade debts -€9,191
down €9,191 (-99.7%), from €9,217 to €26
- Tax, wage and social debts -€5,088
down €5,088 (-75.9%), from €6,703 to €1,615
- Other debts +€1,334
up €1,334, from €0 to €1,334
- Profit (loss) carried forward -€988
down €988 (-10.4%), from -€9,506 to -€10,494
- Financial income -€24,511
down €24,511 (-100.0%), from €24,514 to €3
- Financial charges -€16,912
down €16,912 (-87.0%), from €19,431 to €2,519
- Gross operating margin -€12,022
down €12,022 (-76.2%), from €15,772 to €3,750
- Taxes -€4,305
down €4,305 (-87.9%), from €4,900 to €595
- Other operating charges +€832
up €832 (+216%), from €384 to €1,217
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 | €15,154 | €1,186 | -€13,968 | -92.2% |
| Fixed assets | 21/28 | €1,636 | €1,026 | -€610 | -37.3% |
| Tangible fixed assets | 22/27 | €1,436 | €1,026 | -€410 | -28.5% |
| Plant, machinery and equipment | 23 | €1,368 | €1,026 | -€342 | -25.0% |
| Furniture and vehicles | 24 | €68 | €0 | -€68 | -100% |
| Financial fixed assets | 28 | €200 | €0 | -€200 | -100% |
| Current assets | 29/58 | €13,519 | €160 | -€13,358 | -98.8% |
| Amounts receivable within one year | 40/41 | €4,836 | €27 | -€4,809 | -99.4% |
| Trade receivables | 40 | €3,188 | €27 | -€3,162 | -99.2% |
| Other amounts receivable | 41 | €1,648 | €0 | -€1,648 | -100% |
| Cash at bank and in hand | 54/58 | €8,389 | €0 | -€8,389 | -100% |
| Deferred charges and accrued income | 490/1 | €293 | €133 | -€160 | -54.5% |
| Total equity and liabilities | 10/49 | €15,154 | €1,186 | -€13,968 | -92.2% |
| Equity | 10/15 | -€1,446 | -€2,434 | -€988 | -68.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,506 | -€10,494 | -€988 | -10.4% |
| Amounts payable | 17/49 | €16,601 | €3,620 | -€12,980 | -78.2% |
| Amounts payable within one year | 42/48 | €16,601 | €3,620 | -€12,980 | -78.2% |
| Financial debts | 43 | €680 | €645 | -€35 | -5.2% |
| Credit institutions | 430/8 | €680 | €645 | -€35 | -5.2% |
| Trade debts | 44 | €9,217 | €26 | -€9,191 | -99.7% |
| Suppliers | 440/4 | €9,217 | €26 | -€9,191 | -99.7% |
| Taxes, remuneration and social security | 45 | €6,703 | €1,615 | -€5,088 | -75.9% |
| Taxes | 450/3 | €6,703 | €1,615 | -€5,088 | -75.9% |
| Other amounts payable | 47/48 | €0 | €1,334 | +€1,334 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €523 | €410 | -€113 | -21.7% |
| Other operating charges | 640/8 | €384 | €1,217 | +€832 | +216% |
| Gross operating margin | 9900 | €15,772 | €3,750 | -€12,022 | -76.2% |
| Operating profit (loss) | 9901 | €14,864 | €2,123 | -€12,741 | -85.7% |
| Financial income | 75/76B | €24,514 | €3 | -€24,511 | -100.0% |
| Recurring financial income | 75 | €24,514 | €3 | -€24,511 | -100.0% |
| Financial charges | 65/66B | €19,431 | €2,519 | -€16,912 | -87.0% |
| Recurring financial charges | 65 | €19,431 | €2,519 | -€16,912 | -87.0% |
| Profit (loss) for the period before taxes | 9903 | €19,948 | -€392 | -€20,340 | |
| Income taxes | 67/77 | €4,900 | €595 | -€4,305 | -87.9% |
| Profit (loss) for the period | 9904 | €15,048 | -€988 | -€16,035 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,048 | -€988 | -€16,035 |
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 26 October 2026 via checked.be.