DAREVAL: what changed
Two fiscal 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.
DAREVAL
Largest movements
- Cash +€198,524
up €198,524 (+557.1%), from €35,635 to €234,159
mainly Net result for the year (+€117,845) and Investment in fixed assets (net) (+€89,204)
- Tangible fixed assets -€109,375
down €109,375 (-17.1%), from €639,429 to €530,054
of which Land and buildings: -€124,580
- Receivables within one year -€20,755
down €20,755 (-55.7%), from €37,278 to €16,524
of which Other amounts receivable: -€24,770
- Current investments +€11,000
new in 2024: €11,000
- Reserves +€117,845
up €117,845 (+164.1%), from €71,814 to €189,660
- Other debts -€48,093
down €48,093 (-20.7%), from €232,201 to €184,108
- Tax, wage and social debts +€44,784
up €44,784 (+125.4%), from €35,708 to €80,493
of which Taxes: +€39,457
- Debts after one year -€41,940
down €41,940 (-50.7%), from €82,699 to €40,759
- Gross operating margin +€106,447
up €106,447 (+53.2%), from €200,138 to €306,585
- Taxes +€40,173
up €40,173 (+150.4%), from €26,705 to €66,878
- Financial income +€24,155
up €24,155 (+37549.3%), from €64 to €24,220
- Staff costs +€11,199
up €11,199 (+10.3%), from €109,137 to €120,336
- Depreciation +€5,718
up €5,718 (+39.6%), from €14,453 to €20,171
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €717,829 | €798,655 | +€80,826 | +11.3% |
| Fixed assets | 21/28 | €644,429 | €535,054 | -€109,375 | -17.0% |
| Tangible fixed assets | 22/27 | €639,429 | €530,054 | -€109,375 | -17.1% |
| Land and buildings | 22 | €639,429 | €514,849 | -€124,580 | -19.5% |
| Furniture and vehicles | 24 | - | €15,205 | +€15,205 | |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €73,400 | €263,601 | +€190,201 | +259.1% |
| Amounts receivable within one year | 40/41 | €37,278 | €16,524 | -€20,755 | -55.7% |
| Trade receivables | 40 | €1,982 | €5,997 | +€4,015 | +202.6% |
| Other amounts receivable | 41 | €35,296 | €10,527 | -€24,770 | -70.2% |
| Current investments | 50/53 | - | €11,000 | +€11,000 | |
| Cash at bank and in hand | 54/58 | €35,635 | €234,159 | +€198,524 | +557.1% |
| Deferred charges and accrued income | 490/1 | €487 | €1,918 | +€1,431 | +293.6% |
| Total equity and liabilities | 10/49 | €717,829 | €798,655 | +€80,826 | +11.3% |
| Equity | 10/15 | €292,860 | €410,705 | +€117,845 | +40.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €71,814 | €189,660 | +€117,845 | +164.1% |
| Tax-exempt reserves | 132 | €71,814 | €189,660 | +€117,845 | +164.1% |
| Profit (loss) carried forward | 14 | €202,454 | €202,454 | = | 0.0% |
| Amounts payable | 17/49 | €424,969 | €387,949 | -€37,020 | -8.7% |
| Amounts payable after more than one year | 17 | €82,699 | €40,759 | -€41,940 | -50.7% |
| Financial debts | 170/4 | €82,699 | €40,759 | -€41,940 | -50.7% |
| Amounts payable within one year | 42/48 | €338,069 | €342,990 | +€4,920 | +1.5% |
| Financial debts | 43 | €70,160 | €70,028 | -€133 | -0.2% |
| Other loans | 439 | €70,160 | €70,028 | -€133 | -0.2% |
| Trade debts | 44 | - | €4,779 | +€4,779 | |
| Suppliers | 440/4 | - | €4,779 | +€4,779 | |
| Advances received on contracts in progress | 46 | - | €3,583 | +€3,583 | |
| Taxes, remuneration and social security | 45 | €35,708 | €80,493 | +€44,784 | +125.4% |
| Taxes | 450/3 | €22,027 | €61,484 | +€39,457 | +179.1% |
| Remuneration and social security | 454/9 | €13,681 | €19,009 | +€5,328 | +38.9% |
| Other amounts payable | 47/48 | €232,201 | €184,108 | -€48,093 | -20.7% |
| Accrued charges and deferred income | 492/3 | €4,200 | €4,200 | = | 0.0% |
| Non-recurring operating income | 76A | - | €83,940 | +€83,940 | |
| Remuneration, social security and pensions | 62 | €109,137 | €120,336 | +€11,199 | +10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,453 | €20,171 | +€5,718 | +39.6% |
| Other operating charges | 640/8 | €1,715 | €2,312 | +€597 | +34.8% |
| Gross operating margin | 9900 | €200,138 | €306,585 | +€106,447 | +53.2% |
| Operating profit (loss) | 9901 | €74,833 | €163,766 | +€88,933 | +118.8% |
| Financial income | 75/76B | €64 | €24,220 | +€24,155 | +37549.3% |
| Recurring financial income | 75 | €64 | €24,220 | +€24,155 | +37549.3% |
| Financial charges | 65/66B | €3,618 | €3,262 | -€355 | -9.8% |
| Recurring financial charges | 65 | €3,618 | €3,262 | -€355 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €71,280 | €184,724 | +€113,444 | +159.2% |
| Income taxes | 67/77 | €26,705 | €66,878 | +€40,173 | +150.4% |
| Profit (loss) for the period | 9904 | €44,574 | €117,845 | +€73,271 | +164.4% |
| Profit (loss) for the period to be appropriated | 9905 | €44,574 | €117,845 | +€73,271 | +164.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.