DARES: what changed
DARES
Largest movements
- Receivables within one year -€10,217
down €10,217 (-20.0%), from €51,033 to €40,816
of which Other amounts receivable: -€10,458
- Cash +€7,270
up €7,270 (+121%), from €6,022 to €13,292
mainly Receivables within one year (+€10,217) and Depreciation (+€1,052)
- Tangible fixed assets -€1,052
down €1,052 (-45.2%), from €2,329 to €1,277
of which Plant, machinery and equipment: -€633
- Deferred charges and accrued income +€803
up €803 (+45.2%), from €1,776 to €2,579
- Profit (loss) carried forward -€2,148
down €2,148 (-4.9%), from €43,431 to €41,283
- Trade debts -€816
down €816 (-9.8%), from €8,341 to €7,524
- Gross operating margin -€1,369
down €1,369 (-35.1%), from €3,906 to €2,537
- Depreciation -€514
down €514 (-32.8%), from €1,566 to €1,052
- Other operating charges -€292
down €292 (-15.4%), from €1,901 to €1,609
- Taxes -€233
down €233 (-17.5%), from €1,329 to €1,097
- Financial charges +€109
up €109 (+13.2%), from €828 to €937
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €61,160 | €57,964 | -€3,197 | -5.2% |
| Fixed assets | 21/28 | €2,329 | €1,277 | -€1,052 | -45.2% |
| Tangible fixed assets | 22/27 | €2,329 | €1,277 | -€1,052 | -45.2% |
| Plant, machinery and equipment | 23 | €1,416 | €784 | -€633 | -44.7% |
| Furniture and vehicles | 24 | €913 | €493 | -€420 | -46.0% |
| Current assets | 29/58 | €58,831 | €56,687 | -€2,145 | -3.6% |
| Amounts receivable within one year | 40/41 | €51,033 | €40,816 | -€10,217 | -20.0% |
| Trade receivables | 40 | €17,995 | €18,236 | +€241 | +1.3% |
| Other amounts receivable | 41 | €33,038 | €22,580 | -€10,458 | -31.7% |
| Cash at bank and in hand | 54/58 | €6,022 | €13,292 | +€7,270 | +121% |
| Deferred charges and accrued income | 490/1 | €1,776 | €2,579 | +€803 | +45.2% |
| Total equity and liabilities | 10/49 | €61,160 | €57,964 | -€3,197 | -5.2% |
| Equity | 10/15 | €51,491 | €49,343 | -€2,148 | -4.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,431 | €41,283 | -€2,148 | -4.9% |
| Amounts payable | 17/49 | €9,670 | €8,621 | -€1,049 | -10.8% |
| Amounts payable within one year | 42/48 | €9,670 | €8,621 | -€1,049 | -10.8% |
| Trade debts | 44 | €8,341 | €7,524 | -€816 | -9.8% |
| Suppliers | 440/4 | €8,341 | €7,524 | -€816 | -9.8% |
| Taxes, remuneration and social security | 45 | €1,329 | €1,097 | -€233 | -17.5% |
| Taxes | 450/3 | €1,329 | €1,097 | -€233 | -17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,566 | €1,052 | -€514 | -32.8% |
| Other operating charges | 640/8 | €1,901 | €1,609 | -€292 | -15.4% |
| Gross operating margin | 9900 | €3,906 | €2,537 | -€1,369 | -35.1% |
| Operating profit (loss) | 9901 | €438 | -€125 | -€563 | |
| Financial income | 75/76B | €34 | €10 | -€24 | -69.7% |
| Recurring financial income | 75 | €34 | €10 | -€24 | -69.7% |
| Financial charges | 65/66B | €828 | €937 | +€109 | +13.2% |
| Recurring financial charges | 65 | €828 | €937 | +€109 | +13.2% |
| Profit (loss) for the period before taxes | 9903 | -€356 | -€1,052 | -€696 | -196% |
| Income taxes | 67/77 | €1,329 | €1,097 | -€233 | -17.5% |
| Profit (loss) for the period | 9904 | -€1,685 | -€2,148 | -€463 | -27.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,685 | -€2,148 | -€463 | -27.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.