DAREPI: 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.
DAREPI
Largest movements
- Tangible fixed assets -€15,955
down €15,955 (-3.6%), from €445,226 to €429,271
- Formation expenses -€8,275
no longer reported in 2025 (was €8,275)
- Debts after one year -€20,653
down €20,653 (-74.1%), from €27,873 to €7,220
of which Financial debts: -€19,263
- Profit (loss) carried forward +€18,597
up €18,597 (+67.5%), from -€27,569 to -€8,973
- Current portion of long-term debt -€9,081
down €9,081 (-32.0%), from €28,344 to €19,263
- Trade debts -€5,337
down €5,337 (-80.8%), from €6,604 to €1,267
- Gross operating margin +€10,661
up €10,661 (+36.9%), from €28,881 to €39,542
- Financial charges -€824
down €824 (-47.5%), from €1,736 to €912
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.
Cash bridge derived
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 | €463,545 | €441,335 | -€22,210 | -4.8% |
| Formation expenses | 20 | €8,275 | - | -€8,275 | |
| Fixed assets | 21/28 | €445,226 | €429,271 | -€15,955 | -3.6% |
| Tangible fixed assets | 22/27 | €445,226 | €429,271 | -€15,955 | -3.6% |
| Land and buildings | 22 | €445,226 | €429,271 | -€15,955 | -3.6% |
| Current assets | 29/58 | €10,044 | €12,063 | +€2,019 | +20.1% |
| Amounts receivable within one year | 40/41 | - | €3,060 | +€3,060 | |
| Trade receivables | 40 | - | €3,060 | +€3,060 | |
| Cash at bank and in hand | 54/58 | €8,407 | €9,003 | +€596 | +7.1% |
| Deferred charges and accrued income | 490/1 | €1,637 | - | -€1,637 | |
| Total equity and liabilities | 10/49 | €463,545 | €441,335 | -€22,210 | -4.8% |
| Equity | 10/15 | €71,354 | €86,164 | +€14,811 | +20.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €92,723 | €88,937 | -€3,786 | -4.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €90,863 | €87,077 | -€3,786 | -4.2% |
| Profit (loss) carried forward | 14 | -€27,569 | -€8,973 | +€18,597 | +67.5% |
| Provisions and deferred taxes | 16 | €46,788 | €44,838 | -€1,949 | -4.2% |
| Deferred taxes | 168 | €46,788 | €44,838 | -€1,949 | -4.2% |
| Amounts payable | 17/49 | €345,403 | €310,332 | -€35,071 | -10.2% |
| Amounts payable after more than one year | 17 | €27,873 | €7,220 | -€20,653 | -74.1% |
| Financial debts | 170/4 | €19,263 | - | -€19,263 | |
| Other amounts payable | 178/9 | €8,610 | €7,220 | -€1,390 | -16.1% |
| Amounts payable within one year | 42/48 | €315,610 | €301,192 | -€14,418 | -4.6% |
| Current portion of amounts payable after more than one year | 42 | €28,344 | €19,263 | -€9,081 | -32.0% |
| Trade debts | 44 | €6,604 | €1,267 | -€5,337 | -80.8% |
| Suppliers | 440/4 | €6,604 | €1,267 | -€5,337 | -80.8% |
| Other amounts payable | 47/48 | €280,662 | €280,662 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,920 | €1,920 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,229 | €24,229 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,467 | €1,540 | +€73 | +5.0% |
| Gross operating margin | 9900 | €28,881 | €39,542 | +€10,661 | +36.9% |
| Operating profit (loss) | 9901 | €3,185 | €13,773 | +€10,588 | +332.4% |
| Financial income | 75/76B | €1 | €0 | -€1 | -98.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -98.0% |
| Financial charges | 65/66B | €1,736 | €912 | -€824 | -47.5% |
| Recurring financial charges | 65 | €1,736 | €912 | -€824 | -47.5% |
| Profit (loss) for the period before taxes | 9903 | €1,450 | €12,861 | +€11,412 | +787.3% |
| Transfer from deferred taxes | 780 | €1,949 | €1,949 | = | 0.0% |
| Profit (loss) for the period | 9904 | €3,399 | €14,811 | +€11,412 | +335.7% |
| Transfer from tax-exempt reserves | 789 | €3,786 | €3,786 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,185 | €18,597 | +€11,412 | +158.8% |
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 12 October 2026 via checked.be.