Darth Paper: 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.
Darth Paper
Largest movements
- Cash -€25,706
down €25,706 (-94.6%), from €27,178 to €1,471
mainly Contributions, distributions and other (-€39,000) and Investment in fixed assets (net) (-€12,245)
- Tangible fixed assets +€3,926
up €3,926 (+17.9%), from €21,974 to €25,900
of which Other tangible fixed assets: +€5,527
- Receivables within one year -€1,422
down €1,422 (-23.1%), from €6,154 to €4,732
of which Other amounts receivable: -€1,422
- Reserves -€25,205
down €25,205 (-70.1%), from €35,972 to €10,767
- Tax, wage and social debts +€5,524
up €5,524 (+65.2%), from €8,469 to €13,993
of which Taxes: +€5,524
- Debts after one year -€3,805
down €3,805 (-100%), from €3,805 to €0
- Taxes +€7,649
up €7,649 (+83.2%), from €9,192 to €16,841
- Gross operating margin -€3,766
down €3,766 (-8.5%), from €44,182 to €40,416
- Depreciation +€2,588
up €2,588 (+45.2%), from €5,730 to €8,318
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 | €55,305 | €32,205 | -€23,100 | -41.8% |
| Fixed assets | 21/28 | €21,974 | €25,900 | +€3,926 | +17.9% |
| Tangible fixed assets | 22/27 | €21,974 | €25,900 | +€3,926 | +17.9% |
| Plant, machinery and equipment | 23 | - | €5,331 | +€5,331 | |
| Furniture and vehicles | 24 | €18,614 | €11,682 | -€6,932 | -37.2% |
| Other tangible fixed assets | 26 | €3,360 | €8,887 | +€5,527 | +164% |
| Current assets | 29/58 | €33,331 | €6,305 | -€27,026 | -81.1% |
| Amounts receivable within one year | 40/41 | €6,154 | €4,732 | -€1,422 | -23.1% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €6,154 | €4,732 | -€1,422 | -23.1% |
| Cash at bank and in hand | 54/58 | €27,178 | €1,471 | -€25,706 | -94.6% |
| Deferred charges and accrued income | 490/1 | €0 | €102 | +€102 | |
| Total equity and liabilities | 10/49 | €55,305 | €32,205 | -€23,100 | -41.8% |
| Equity | 10/15 | €38,972 | €13,767 | -€25,205 | -64.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €35,972 | €10,767 | -€25,205 | -70.1% |
| Distributable reserves | 133 | €35,972 | €10,767 | -€25,205 | -70.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €16,333 | €18,438 | +€2,105 | +12.9% |
| Amounts payable after more than one year | 17 | €3,805 | €0 | -€3,805 | -100% |
| Financial debts | 170/4 | €3,805 | €0 | -€3,805 | -100% |
| Amounts payable within one year | 42/48 | €12,528 | €18,438 | +€5,910 | +47.2% |
| Current portion of amounts payable after more than one year | 42 | €3,641 | €3,805 | +€163 | +4.5% |
| Trade debts | 44 | €418 | €640 | +€222 | +53.2% |
| Suppliers | 440/4 | €418 | €640 | +€222 | +53.2% |
| Taxes, remuneration and social security | 45 | €8,469 | €13,993 | +€5,524 | +65.2% |
| Taxes | 450/3 | €8,469 | €13,993 | +€5,524 | +65.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,730 | €8,318 | +€2,588 | +45.2% |
| Other operating charges | 640/8 | €1,120 | €1,154 | +€33 | +3.0% |
| Gross operating margin | 9900 | €44,182 | €40,416 | -€3,766 | -8.5% |
| Operating profit (loss) | 9901 | €37,331 | €30,944 | -€6,387 | -17.1% |
| Financial income | 75/76B | €29 | €0 | -€29 | -100% |
| Recurring financial income | 75 | €29 | €0 | -€29 | -100% |
| Financial charges | 65/66B | €438 | €309 | -€129 | -29.5% |
| Recurring financial charges | 65 | €438 | €309 | -€129 | -29.5% |
| Profit (loss) for the period before taxes | 9903 | €36,922 | €30,635 | -€6,287 | -17.0% |
| Income taxes | 67/77 | €9,192 | €16,841 | +€7,649 | +83.2% |
| Profit (loss) for the period | 9904 | €27,730 | €13,795 | -€13,935 | -50.3% |
| Profit (loss) for the period to be appropriated | 9905 | €27,730 | €13,795 | -€13,935 | -50.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.