DARE UP: 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 UP
Largest movements
- Receivables within one year +€4,159
up €4,159 (+28.1%), from €14,785 to €18,944
of which Other amounts receivable: +€11,005
- Cash -€2,625
down €2,625 (-9.6%), from €27,269 to €24,644
mainly Tax, wage and social debts (-€7,660) and Receivables within one year (-€4,159)
- Tangible fixed assets +€2,355
new in 2025: €2,355
- Tax, wage and social debts -€7,660
down €7,660 (-79.2%), from €9,676 to €2,017
- Profit (loss) carried forward +€6,516
up €6,516 (+25.7%), from €25,340 to €31,856
- Trade debts +€5,033
up €5,033 (+247%), from €2,038 to €7,071
- Gross operating margin -€22,973
down €22,973 (-72.0%), from €31,896 to €8,923
- Taxes -€4,233
down €4,233 (-65.5%), from €6,467 to €2,234
- Depreciation +€795
new in 2025: €795
- Financial income +€746
new in 2025: €746
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 | €42,054 | €45,944 | +€3,890 | +9.2% |
| Fixed assets | 21/28 | - | €2,355 | +€2,355 | |
| Tangible fixed assets | 22/27 | - | €2,355 | +€2,355 | |
| Plant, machinery and equipment | 23 | - | €2,355 | +€2,355 | |
| Current assets | 29/58 | €42,054 | €43,588 | +€1,534 | +3.6% |
| Amounts receivable within one year | 40/41 | €14,785 | €18,944 | +€4,159 | +28.1% |
| Trade receivables | 40 | €9,135 | €2,289 | -€6,846 | -74.9% |
| Other amounts receivable | 41 | €5,650 | €16,655 | +€11,005 | +195% |
| Cash at bank and in hand | 54/58 | €27,269 | €24,644 | -€2,625 | -9.6% |
| Total equity and liabilities | 10/49 | €42,054 | €45,944 | +€3,890 | +9.2% |
| Equity | 10/15 | €30,340 | €36,856 | +€6,516 | +21.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,340 | €31,856 | +€6,516 | +25.7% |
| Amounts payable | 17/49 | €11,714 | €9,088 | -€2,626 | -22.4% |
| Amounts payable within one year | 42/48 | €11,714 | €9,088 | -€2,626 | -22.4% |
| Trade debts | 44 | €2,038 | €7,071 | +€5,033 | +247% |
| Suppliers | 440/4 | €2,038 | €7,071 | +€5,033 | +247% |
| Taxes, remuneration and social security | 45 | €9,676 | €2,017 | -€7,660 | -79.2% |
| Taxes | 450/3 | €9,676 | €2,017 | -€7,660 | -79.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €795 | +€795 | |
| Other operating charges | 640/8 | €25 | €50 | +€25 | +100% |
| Gross operating margin | 9900 | €31,896 | €8,923 | -€22,973 | -72.0% |
| Operating profit (loss) | 9901 | €31,871 | €8,078 | -€23,793 | -74.7% |
| Financial income | 75/76B | - | €746 | +€746 | |
| Recurring financial income | 75 | - | €746 | +€746 | |
| Financial charges | 65/66B | €64 | €74 | +€11 | +16.9% |
| Recurring financial charges | 65 | €64 | €74 | +€11 | +16.9% |
| Profit (loss) for the period before taxes | 9903 | €31,807 | €8,750 | -€23,057 | -72.5% |
| Income taxes | 67/77 | €6,467 | €2,234 | -€4,233 | -65.5% |
| Profit (loss) for the period | 9904 | €25,340 | €6,516 | -€18,824 | -74.3% |
| Profit (loss) for the period to be appropriated | 9905 | €25,340 | €6,516 | -€18,824 | -74.3% |
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 27 October 2026 via checked.be.