DHARAN: 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.
DHARAN
Largest movements
- Tangible fixed assets -€4,803
down €4,803 (-53.6%), from €8,956 to €4,153
of which Plant, machinery and equipment: -€4,047
- Cash -€3,298
down €3,298 (-18.0%), from €18,308 to €15,010
mainly Net result for the year (-€15,527) and Provisions (-€5,877)
- Receivables within one year +€1,156
up €1,156 (+9.6%), from €12,054 to €13,210
- Stocks and contracts -€803
down €803 (-47.1%), from €1,705 to €902
- Reserves -€11,292
down €11,292 (-100.0%), from €11,292 to €0
- Tax, wage and social debts +€11,036
up €11,036 (+117.1%), from €9,428 to €20,464
of which Remuneration and social security: +€10,957
- Provisions -€5,877
no longer reported in 2025 (was €5,877)
- Profit (loss) carried forward -€4,235
down €4,235 (-508.7%), from -€832 to -€5,067
- Trade debts +€2,620
up €2,620 (+31.0%), from €8,439 to €11,059
- Gross operating margin -€7,926
down €7,926 (-5.0%), from €159,892 to €151,966
- Other operating charges +€5,840
up €5,840 (+53.8%), from €10,858 to €16,699
- Financial charges +€3,173
up €3,173 (+1285.9%), from €247 to €3,420
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 | €44,203 | €36,456 | -€7,747 | -17.5% |
| Fixed assets | 21/28 | €12,136 | €7,333 | -€4,803 | -39.6% |
| Tangible fixed assets | 22/27 | €8,956 | €4,153 | -€4,803 | -53.6% |
| Land and buildings | 22 | €1,434 | €1,070 | -€364 | -25.4% |
| Plant, machinery and equipment | 23 | €6,634 | €2,587 | -€4,047 | -61.0% |
| Furniture and vehicles | 24 | €888 | €496 | -€392 | -44.2% |
| Financial fixed assets | 28 | €3,180 | €3,180 | = | 0.0% |
| Current assets | 29/58 | €32,067 | €29,123 | -€2,944 | -9.2% |
| Stocks and contracts in progress | 3 | €1,705 | €902 | -€803 | -47.1% |
| Stocks | 30/36 | €1,705 | €902 | -€803 | -47.1% |
| Amounts receivable within one year | 40/41 | €12,054 | €13,210 | +€1,156 | +9.6% |
| Other amounts receivable | 41 | €12,054 | €13,210 | +€1,156 | +9.6% |
| Cash at bank and in hand | 54/58 | €18,308 | €15,010 | -€3,298 | -18.0% |
| Total equity and liabilities | 10/49 | €44,203 | €36,456 | -€7,747 | -17.5% |
| Equity | 10/15 | €20,460 | €4,933 | -€15,527 | -75.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €11,292 | €0 | -€11,292 | -100.0% |
| Distributable reserves | 133 | €11,292 | €0 | -€11,292 | -100.0% |
| Profit (loss) carried forward | 14 | -€832 | -€5,067 | -€4,235 | -508.7% |
| Provisions and deferred taxes | 16 | €5,877 | - | -€5,877 | |
| Provisions for liabilities and charges | 160/5 | €5,877 | - | -€5,877 | |
| Other liabilities and charges | 164/5 | €5,877 | - | -€5,877 | |
| Amounts payable | 17/49 | €17,867 | €31,523 | +€13,656 | +76.4% |
| Amounts payable within one year | 42/48 | €17,867 | €31,523 | +€13,656 | +76.4% |
| Trade debts | 44 | €8,439 | €11,059 | +€2,620 | +31.0% |
| Suppliers | 440/4 | €8,439 | €11,059 | +€2,620 | +31.0% |
| Taxes, remuneration and social security | 45 | €9,428 | €20,464 | +€11,036 | +117.1% |
| Taxes | 450/3 | €622 | €701 | +€79 | +12.7% |
| Remuneration and social security | 454/9 | €8,806 | €19,763 | +€10,957 | +124.4% |
| Remuneration, social security and pensions | 62 | €144,165 | €143,216 | -€948 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,803 | €4,803 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €1,093 | - | -€1,093 | |
| Other operating charges | 640/8 | €10,858 | €16,699 | +€5,840 | +53.8% |
| Gross operating margin | 9900 | €159,892 | €151,966 | -€7,926 | -5.0% |
| Operating profit (loss) | 9901 | -€1,028 | -€12,752 | -€11,725 | -1140.7% |
| Financial income | 75/76B | €442 | €769 | +€327 | +73.9% |
| Recurring financial income | 75 | €442 | €769 | +€327 | +73.9% |
| Financial charges | 65/66B | €247 | €3,420 | +€3,173 | +1285.9% |
| Recurring financial charges | 65 | €247 | €3,420 | +€3,173 | +1285.9% |
| Profit (loss) for the period before taxes | 9903 | -€832 | -€15,404 | -€14,571 | -1750.6% |
| Income taxes | 67/77 | - | €123 | +€123 | |
| Profit (loss) for the period | 9904 | -€832 | -€15,527 | -€14,694 | -1765.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€832 | -€15,527 | -€14,694 | -1765.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.