DARK ANGEL PROJECTS: 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.
DARK ANGEL PROJECTS
Largest movements
- Tangible fixed assets -€14,512
down €14,512 (-14.5%), from €99,886 to €85,374
of which Other tangible fixed assets: -€13,831
- Receivables within one year +€12,162
up €12,162 (+57.3%), from €21,219 to €33,381
of which Other amounts receivable: +€6,158
- Cash +€9,687
up €9,687 (+993%), from €976 to €10,663
mainly Net result for the year (+€35,617) and Other debts (+€22,546)
- Other debts +€22,546
up €22,546 (+172%), from €13,071 to €35,617
- Tax, wage and social debts -€10,555
down €10,555 (-87.5%), from €12,063 to €1,508
of which Taxes: -€10,555
- Trade debts -€4,235
down €4,235 (-53.2%), from €7,958 to €3,723
- Gross operating margin -€13,586
down €13,586 (-17.3%), from €78,649 to €65,063
- Taxes -€7,566
down €7,566 (-35.9%), from €21,091 to €13,526
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 | €124,587 | €132,342 | +€7,755 | +6.2% |
| Fixed assets | 21/28 | €101,026 | €86,514 | -€14,512 | -14.4% |
| Tangible fixed assets | 22/27 | €99,886 | €85,374 | -€14,512 | -14.5% |
| Land and buildings | 22 | €14,240 | €12,113 | -€2,126 | -14.9% |
| Plant, machinery and equipment | 23 | €207 | €2,289 | +€2,081 | +1,005% |
| Furniture and vehicles | 24 | €3,080 | €2,444 | -€636 | -20.6% |
| Other tangible fixed assets | 26 | €82,359 | €68,528 | -€13,831 | -16.8% |
| Financial fixed assets | 28 | €1,140 | €1,140 | = | 0.0% |
| Current assets | 29/58 | €23,561 | €45,828 | +€22,267 | +94.5% |
| Amounts receivable within one year | 40/41 | €21,219 | €33,381 | +€12,162 | +57.3% |
| Trade receivables | 40 | €21,219 | €27,223 | +€6,003 | +28.3% |
| Other amounts receivable | 41 | €0 | €6,158 | +€6,158 | |
| Cash at bank and in hand | 54/58 | €976 | €10,663 | +€9,687 | +993% |
| Deferred charges and accrued income | 490/1 | €1,366 | €1,784 | +€418 | +30.6% |
| Total equity and liabilities | 10/49 | €124,587 | €132,342 | +€7,755 | +6.2% |
| Equity | 10/15 | €91,494 | €91,494 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €72,894 | €72,894 | = | 0.0% |
| Distributable reserves | 133 | €72,894 | €72,894 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €33,093 | €40,848 | +€7,755 | +23.4% |
| Amounts payable within one year | 42/48 | €33,093 | €40,848 | +€7,755 | +23.4% |
| Trade debts | 44 | €7,958 | €3,723 | -€4,235 | -53.2% |
| Suppliers | 440/4 | €7,958 | €3,723 | -€4,235 | -53.2% |
| Taxes, remuneration and social security | 45 | €12,063 | €1,508 | -€10,555 | -87.5% |
| Taxes | 450/3 | €12,063 | €1,508 | -€10,555 | -87.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €13,071 | €35,617 | +€22,546 | +172% |
| Non-recurring operating income | 76A | €0 | €2 | +€2 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,038 | €14,497 | -€541 | -3.6% |
| Other operating charges | 640/8 | €835 | €750 | -€85 | -10.1% |
| Gross operating margin | 9900 | €78,649 | €65,063 | -€13,586 | -17.3% |
| Operating profit (loss) | 9901 | €62,776 | €49,815 | -€12,961 | -20.6% |
| Financial charges | 65/66B | €1,065 | €673 | -€393 | -36.9% |
| Recurring financial charges | 65 | €1,065 | €673 | -€393 | -36.9% |
| Profit (loss) for the period before taxes | 9903 | €61,711 | €49,143 | -€12,568 | -20.4% |
| Income taxes | 67/77 | €21,091 | €13,526 | -€7,566 | -35.9% |
| Profit (loss) for the period | 9904 | €40,619 | €35,617 | -€5,002 | -12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €40,619 | €35,617 | -€5,002 | -12.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.