darL: 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.
darL
Largest movements
- Financial fixed assets +€737,700
up €737,700 (+1184.1%), from €62,300 to €800,000
- Tangible fixed assets +€385,739
up €385,739 (+7180.8%), from €5,372 to €391,110
of which Land and buildings: +€386,796
- Debts after one year +€859,691
up €859,691 (+1386.6%), from €62,000 to €921,691
- Short-term financial debts +€106,569
new in 2025: €106,569
- Reserves +€81,106
up €81,106 (+397.1%), from €20,426 to €101,532
- Other debts +€43,727
up €43,727 (+99696.7%), from €44 to €43,771
- Contributions +€20,000
up €20,000 (+66.7%), from €30,000 to €50,000
- Financial income +€64,269
up €64,269 (+376500.6%), from €17 to €64,286
- Gross operating margin +€45,973
up €45,973 (+111.4%), from €41,270 to €87,243
- Financial charges +€20,685
up €20,685 (+934.8%), from €2,213 to €22,898
- Taxes +€19,127
up €19,127 (+271.3%), from €7,050 to €26,177
- Depreciation +€3,723
up €3,723 (+42.2%), from €8,823 to €12,546
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 | €126,073 | €1,255,913 | +€1.1m | +896.2% |
| Fixed assets | 21/28 | €80,022 | €1,199,560 | +€1.1m | +1399.0% |
| Intangible fixed assets | 21 | €12,350 | €8,450 | -€3,900 | -31.6% |
| Tangible fixed assets | 22/27 | €5,372 | €391,110 | +€385,739 | +7180.8% |
| Land and buildings | 22 | €3,258 | €390,053 | +€386,796 | +11873.2% |
| Furniture and vehicles | 24 | €2,114 | €1,057 | -€1,057 | -50.0% |
| Financial fixed assets | 28 | €62,300 | €800,000 | +€737,700 | +1184.1% |
| Current assets | 29/58 | €46,051 | €56,353 | +€10,302 | +22.4% |
| Amounts receivable within one year | 40/41 | €7,524 | €4,605 | -€2,919 | -38.8% |
| Trade receivables | 40 | €4,444 | €4,444 | = | 0.0% |
| Other amounts receivable | 41 | €3,081 | €161 | -€2,919 | -94.8% |
| Cash at bank and in hand | 54/58 | €38,527 | €50,309 | +€11,783 | +30.6% |
| Deferred charges and accrued income | 490/1 | - | €1,439 | +€1,439 | |
| Total equity and liabilities | 10/49 | €126,073 | €1,255,913 | +€1.1m | +896.2% |
| Equity | 10/15 | €50,426 | €151,532 | +€101,106 | +200.5% |
| Contributions | 10/11 | €30,000 | €50,000 | +€20,000 | +66.7% |
| Outside capital | 11 | €30,000 | €50,000 | +€20,000 | +66.7% |
| Other | 1109/19 | €30,000 | €50,000 | +€20,000 | +66.7% |
| Reserves | 13 | €20,426 | €101,532 | +€81,106 | +397.1% |
| Distributable reserves | 133 | €20,426 | €101,532 | +€81,106 | +397.1% |
| Amounts payable | 17/49 | €75,647 | €1,104,381 | +€1.0m | +1359.9% |
| Amounts payable after more than one year | 17 | €62,000 | €921,691 | +€859,691 | +1386.6% |
| Financial debts | 170/4 | €62,000 | €921,691 | +€859,691 | +1386.6% |
| Amounts payable within one year | 42/48 | €13,644 | €181,087 | +€167,443 | +1227.2% |
| Financial debts | 43 | - | €106,569 | +€106,569 | |
| Credit institutions | 430/8 | - | €106,569 | +€106,569 | |
| Trade debts | 44 | €2,924 | €2,717 | -€207 | -7.1% |
| Suppliers | 440/4 | €2,924 | €2,717 | -€207 | -7.1% |
| Taxes, remuneration and social security | 45 | €10,676 | €28,030 | +€17,354 | +162.5% |
| Taxes | 450/3 | €10,676 | €28,030 | +€17,354 | +162.5% |
| Other amounts payable | 47/48 | €44 | €43,771 | +€43,727 | +99696.7% |
| Accrued charges and deferred income | 492/3 | €3 | €1,603 | +€1,600 | +55172.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,823 | €12,546 | +€3,723 | +42.2% |
| Other operating charges | 640/8 | €732 | €691 | -€41 | -5.6% |
| Gross operating margin | 9900 | €41,270 | €87,243 | +€45,973 | +111.4% |
| Operating profit (loss) | 9901 | €31,715 | €74,006 | +€42,291 | +133.3% |
| Financial income | 75/76B | €17 | €64,286 | +€64,269 | +376500.6% |
| Recurring financial income | 75 | €17 | €64,286 | +€64,269 | +376500.6% |
| Financial charges | 65/66B | €2,213 | €22,898 | +€20,685 | +934.8% |
| Recurring financial charges | 65 | €2,213 | €22,898 | +€20,685 | +934.8% |
| Profit (loss) for the period before taxes | 9903 | €29,519 | €115,394 | +€85,875 | +290.9% |
| Income taxes | 67/77 | €7,050 | €26,177 | +€19,127 | +271.3% |
| Profit (loss) for the period | 9904 | €22,469 | €89,216 | +€66,747 | +297.1% |
| Profit (loss) for the period to be appropriated | 9905 | €22,469 | €89,216 | +€66,747 | +297.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.