DARTA: 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.
What changed
DARTA
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€744,406
2024 · -€284,631-€459,774
Equity
€897,064
2024 · €1.6m-€744,406
Cash
€22,745
2024 · €813+€21,933
Balance sheet total
€13.4m
2024 · €11.3m+€2.1m
Largest movements
Assets
- Financial fixed assets -€2.7m
down €2.7m (-79.5%), from €3.5m to €707,603
- Receivables within one year +€2.5m
up €2.5m (+205.7%), from €1.2m to €3.7m
of which Other amounts receivable: +€2.5m
- Receivables after one year +€2.3m
up €2.3m (+141.7%), from €1.6m to €4.0m
- Tangible fixed assets -€152,032
down €152,032 (-7.3%), from €2.1m to €1.9m
of which Land and buildings: -€110,668
Equity and liabilities
- Short-term financial debts +€2.0m
up €2.0m (+106.8%), from €1.9m to €3.9m
of which Other loans: +€2.0m
- Other debts +€949,542
up €949,542 (+16.9%), from €5.6m to €6.6m
- Profit (loss) carried forward -€731,332
down €731,332 (-203.4%), from -€359,579 to -€1.1m
- Debts after one year -€167,836
down €167,836 (-15.7%), from €1.1m to €898,008
Income statement
- Financial charges +€858,997
up €858,997 (+309.7%), from €277,379 to €1.1m
of which Non-recurring financial charges: +€951,452
- Gross operating margin +€252,998
up €252,998 (+296.0%), from €85,486 to €338,484
- Financial income +€66,692
up €66,692 (+77.3%), from €86,290 to €152,981
- Write-downs -€26,095
new in 2025: -€26,095
- Depreciation -€23,706
down €23,706 (-16.1%), from €147,028 to €123,322
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.
Result 2024
-€284,631
Gross operating margin
+€252,998
Depreciation
+€23,706
Write-downs
+€26,095
Other operating charges
+€20,077
Financial income
+€66,692
Financial charges
-€858,997
Taxes
+€9,655
Result 2025
-€744,406
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.
From operations
-€4.6m
Investment
+€2.8m
Financing
+€1.8m
Cash 2024
€813
From operations (derived)
-€4.6m
Net result for the year
-€744,406
Depreciation
+€123,322
Receivables after one year
-€2.3m
Stocks and contracts
-€120,123
Receivables within one year
-€2.5m
Deferred charges and accrued income
-€36,861
Smaller working-capital items
+€219
Trade debts
+€58,992
Other debts
+€949,542
Accrued charges and deferred income
+€10,463
Investment (derived)
+€2.8m
Investment in fixed assets (net)
+€2.8m
Financing
+€1.8m
Debts after one year
-€167,836
Current portion of long-term debt
-€10,439
Short-term financial debts
+€2.0m
Cash 2025
€22,745
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,273,360 | €13,369,895 | +€2.1m | +18.6% |
| Fixed assets | 21/28 | €5,549,275 | €2,650,705 | -€2.9m | -52.2% |
| Tangible fixed assets | 22/27 | €2,095,135 | €1,943,103 | -€152,032 | -7.3% |
| Land and buildings | 22 | €2,042,063 | €1,931,395 | -€110,668 | -5.4% |
| Plant, machinery and equipment | 23 | €4,252 | €7,237 | +€2,984 | +70.2% |
| Furniture and vehicles | 24 | €48,820 | €4,471 | -€44,348 | -90.8% |
| Financial fixed assets | 28 | €3,454,140 | €707,603 | -€2.7m | -79.5% |
| Current assets | 29/58 | €5,724,086 | €10,719,190 | +€5.0m | +87.3% |
| Amounts receivable after more than one year | 29 | €1,645,000 | €3,976,146 | +€2.3m | +141.7% |
| Other amounts receivable | 291 | €1,645,000 | €3,976,146 | +€2.3m | +141.7% |
| Stocks and contracts in progress | 3 | €2,764,490 | €2,884,613 | +€120,123 | +4.3% |
| Stocks | 30/36 | €2,764,490 | €2,884,613 | +€120,123 | +4.3% |
| Amounts receivable within one year | 40/41 | €1,208,003 | €3,693,045 | +€2.5m | +205.7% |
| Trade receivables | 40 | €294,959 | €296,981 | +€2,023 | +0.7% |
| Other amounts receivable | 41 | €913,045 | €3,396,064 | +€2.5m | +271.9% |
| Cash at bank and in hand | 54/58 | €813 | €22,745 | +€21,933 | +2699.2% |
| Deferred charges and accrued income | 490/1 | €105,780 | €142,641 | +€36,861 | +34.8% |
| Total equity and liabilities | 10/49 | €11,273,360 | €13,369,895 | +€2.1m | +18.6% |
| Equity | 10/15 | €1,641,469 | €897,064 | -€744,406 | -45.3% |
| Contributions | 10/11 | €925,485 | €925,485 | = | 0.0% |
| Capital | 10 | €925,485 | €925,485 | = | 0.0% |
| Issued capital | 100 | €925,485 | €925,485 | = | 0.0% |
| Reserves | 13 | €1,075,563 | €1,062,489 | -€13,074 | -1.2% |
| Non-distributable reserves | 130/1 | €90,541 | €90,541 | = | 0.0% |
| Legal reserve | 130 | €90,541 | €90,541 | = | 0.0% |
| Tax-exempt reserves | 132 | €266,896 | €253,822 | -€13,074 | -4.9% |
| Distributable reserves | 133 | €718,126 | €718,126 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€359,579 | -€1,090,910 | -€731,332 | -203.4% |
| Provisions and deferred taxes | 16 | €80,739 | €76,381 | -€4,358 | -5.4% |
| Deferred taxes | 168 | €80,739 | €76,381 | -€4,358 | -5.4% |
| Amounts payable | 17/49 | €9,551,152 | €12,396,450 | +€2.8m | +29.8% |
| Amounts payable after more than one year | 17 | €1,065,844 | €898,008 | -€167,836 | -15.7% |
| Financial debts | 170/4 | €1,065,844 | €898,008 | -€167,836 | -15.7% |
| Amounts payable within one year | 42/48 | €8,246,240 | €11,248,912 | +€3.0m | +36.4% |
| Current portion of amounts payable after more than one year | 42 | €178,276 | €167,836 | -€10,439 | -5.9% |
| Financial debts | 43 | €1,873,000 | €3,873,000 | +€2.0m | +106.8% |
| Credit institutions | 430/8 | €1,873,000 | €1,873,000 | = | 0.0% |
| Other loans | 439 | - | €2,000,000 | +€2.0m | |
| Trade debts | 44 | €571,157 | €630,149 | +€58,992 | +10.3% |
| Suppliers | 440/4 | €571,157 | €630,149 | +€58,992 | +10.3% |
| Taxes, remuneration and social security | 45 | €14,896 | €19,473 | +€4,577 | +30.7% |
| Taxes | 450/3 | €14,896 | €19,473 | +€4,577 | +30.7% |
| Other amounts payable | 47/48 | €5,608,911 | €6,558,453 | +€949,542 | +16.9% |
| Accrued charges and deferred income | 492/3 | €239,067 | €249,530 | +€10,463 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €147,028 | €123,322 | -€23,706 | -16.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€26,095 | -€26,095 | |
| Other operating charges | 640/8 | €26,703 | €6,625 | -€20,077 | -75.2% |
| Gross operating margin | 9900 | €85,486 | €338,484 | +€252,998 | +296.0% |
| Operating profit (loss) | 9901 | -€88,245 | €234,631 | +€322,876 | |
| Financial income | 75/76B | €86,290 | €152,981 | +€66,692 | +77.3% |
| Recurring financial income | 75 | €86,290 | €152,981 | +€66,692 | +77.3% |
| Financial charges | 65/66B | €277,379 | €1,136,376 | +€858,997 | +309.7% |
| Recurring financial charges | 65 | €277,379 | €184,924 | -€92,455 | -33.3% |
| Non-recurring financial charges | 66B | - | €951,452 | +€951,452 | |
| Profit (loss) for the period before taxes | 9903 | -€279,335 | -€748,764 | -€469,429 | -168.1% |
| Transfer from deferred taxes | 780 | €4,358 | €4,358 | = | 0.0% |
| Income taxes | 67/77 | €9,655 | €0 | -€9,655 | -100.0% |
| Profit (loss) for the period | 9904 | -€284,631 | -€744,406 | -€459,774 | -161.5% |
| Transfer from tax-exempt reserves | 789 | €13,074 | €13,074 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€271,558 | -€731,332 | -€459,774 | -169.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.