DARRICK
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 01-06-2026 PDF all 40 filings
Turnover
≈ €240,000
Estimated: probably between €200,000 and €310,000
Total assets
€87,864▼ 19.3%
2024 · €108,850
Net result
€632▼ 92.8%
2024 · €8,796
Working capital
€34,228▲ 41.0%
2024 · €24,271
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€1,352
▼ 87.0%
2025
20182025
Net result
€632
▼ 92.8%
2025
middle half of the sector
20182025
Equity
€53,492
▲ 1.2%
2025
middle half of the sector
20182025
Total assets
€87,864
▼ 19.3%
2025
middle half of the sector
20182025
Debt
€34,372
▼ 38.6%
2025
20182025
Working capital
€34,228
▲ 41.0%
2025
middle half of the sector
20182025
Solvency
60.9%
▲ 12.3pp
2025
highest quarter of the sector
20182025
Current ratio
3.34
▲ 1.29
2025
highest quarter of the sector
20182025
Return on assets (ROA)
0.7%
▼ 7.4pp
2025
middle half of the sector
20182025
Staff (FTE)
2.7
▼ 3.6%
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€9,764-€17,840▲ 82.7%-€3,475€2,521-€3,375-€175▲ 94.8%€10,393€1,352▼ 87.0%
Net result€5,094-€11,148▲ 119%-€3,844within the sector's middle half€1,037within the sector's middle half-€4,653within the sector's middle half-€1,287within the sector's middle half▲ 72.3%€8,796within the sector's middle half€632within the sector's middle half▼ 92.8%
Equity€41,663-€52,811▲ 26.8%€48,967within the sector's middle half▼ 7.3%€50,004within the sector's middle half▲ 2.1%€45,351within the sector's middle half▼ 9.3%€44,064within the sector's middle half▼ 2.8%€52,860within the sector's middle half▲ 20.0%€53,492within the sector's middle half▲ 1.2%
Total assets€128,925-€114,963▼ 10.8%€93,731within the sector's middle half▼ 18.5%€78,526within the sector's middle half▼ 16.2%€136,470within the sector's middle half▲ 73.8%€122,710within the sector's middle half▼ 10.1%€108,850within the sector's middle half▼ 11.3%€87,864within the sector's middle half▼ 19.3%
Debt€87,262-€62,152▼ 28.8%€44,764▼ 28.0%€28,522▼ 36.3%€91,119▲ 219%€78,646▼ 13.7%€55,989▼ 28.8%€34,372▼ 38.6%
Working capital€22,407-€30,995▲ 38.3%€34,321above the sector's middle half▲ 10.7%€27,225within the sector's middle half▼ 20.7%€13,988within the sector's middle half▼ 48.6%€14,911within the sector's middle half▲ 6.6%€24,271within the sector's middle half▲ 62.8%€34,228within the sector's middle half▲ 41.0%
Solvency32.3%-45.9%▲ 13.6pp52.2%within the sector's middle half▲ 6.3pp63.7%above the sector's middle half▲ 11.4pp33.2%within the sector's middle half▼ 30.4pp35.9%within the sector's middle half▲ 2.7pp48.6%within the sector's middle half▲ 12.7pp60.9%above the sector's middle half▲ 12.3pp
Current ratio1.51-1.80▲ 0.292.15within the sector's middle half▲ 0.351.95within the sector's middle half▼ 0.201.71within the sector's middle half▼ 0.251.56within the sector's middle half▼ 0.142.05within the sector's middle half▲ 0.493.34above the sector's middle half▲ 1.29
Return on assets (ROA)4.0%-9.7%▲ 5.7pp-4.1%within the sector's middle half▼ 13.8pp1.3%within the sector's middle half▲ 5.4pp-3.4%within the sector's middle half▼ 4.7pp-1.0%within the sector's middle half▲ 2.4pp8.1%within the sector's middle half▲ 9.1pp0.7%within the sector's middle half▼ 7.4pp
Staff (FTE)1.7-1▼ 41.2%0.6below the sector's middle half▼ 40.0%2.6▲ 333%3.5▲ 34.6%2.5▼ 28.6%2.8▲ 12.0%2.7▼ 3.6%
above
within
below
The sector band is the middle half of the companies in Food and beverage service activities (NACE 56). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 87% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €87,864
Fixed assets
€39,029 ▼ 36.6%
Current assets
€48,835 ▲ 3.3%
Equity and liabilities €87,864
Equity
€53,492 ▲ 1.2%
Debt
€34,372 ▼ 38.6%
Debt's share of the balance-sheet total falls from 51.4% to 39.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€23,886▼
2024 · €33,120
Cash flow
€23,166▼
2024 · €31,523
Quick ratio
1.58▲
2024 · 1.08
Debt to equity
0.64▼
2024 · 1.06
ROE
1.2%▼
2024 · 16.6%
Interest coverage
61.76▲
2024 · 59.41
Debt ≤ 1 year
€14,606▼
2024 · €23,015
Debt > 1 year
€19,599▼
2024 · €32,822
Income taxes
€335▼
2024 · €1,040
Staff costs
€43,753▼
2024 · €59,599
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 4 | 4 | 4 | 4 |
| full-time | 1 | 4 | 1 | 1 | 1 |
| part-time | - | - | 3 | 3 | 3 |
| in full-time equivalents | 1 | 4 | 1.5 | 1.2 | 1.5 |
| Average over the year, in full-time equivalents | 2.6 | 3.5 | 1.5 | 1.6 | 1.5 |
| On a permanent contract | 1 | 4 | 3 | 3 | 3 |
| Joined | 4 | 3 | 2 | 1 | 3 |
| Left | 4 | 0 | 2 | 1 | 3 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Mortgages, amount registered | - | - | €286,000 | €286,000 | €286,000 |
| Carrying value of the mortgaged assets | - | - | €81,366 | €61,564 | €39,029 |
| Carrying value of the other pledged assets | €22,780 | - | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €9,503 | €88,281 | €711 | €2,924 | - |
| Depreciation and write-downs of the year | €16,397 | €8,336 | €22,069 | €22,727 | €22,534 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €23,606 | €50,874 | €53,727 | €59,599 | €43,753 | ▼ 26.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,530 | €17,585 | €16,303 | €16,397 | €8,336 | €22,069 | €22,727 | €22,534 | ▼ 0.8% |
| Other operating charges640/8 | - | - | - | €3,435 | €5,570 | €6,333 | €6,250 | €5,983 | ▼ 4.3% |
| Gross operating margin9900 | €77,765 | €55,668 | €32,665 | €45,959 | €61,406 | €81,954 | €98,968 | €73,622 | ▼ 25.6% |
| Operating profit (loss)9901 | €9,764 | €17,840 | -€3,475 | €2,521 | -€3,375 | -€175 | €10,393 | €1,352 | ▼ 87.0% |
| Financial income75/76B | - | - | - | €21 | - | - | - | €2 | - |
| Recurring financial income75 | €2,440 | €2,323 | €1,818 | €21 | - | - | - | €2 | - |
| Financial charges65/66B | - | - | - | €1,258 | €1,131 | €960 | €557 | €387 | ▼ 30.6% |
| Recurring financial charges65 | €4,089 | €3,122 | €2,046 | €1,258 | €1,131 | €960 | €557 | €387 | ▼ 30.6% |
| Profit (loss) for the period before taxes9903 | €8,115 | €17,041 | -€3,703 | €1,284 | -€4,506 | -€1,135 | €9,836 | €967 | ▼ 90.2% |
| Income taxes67/77 | €3,021 | €5,893 | €141 | €247 | €147 | €152 | €1,040 | €335 | ▼ 67.8% |
| Profit (loss) for the period9904 | €5,094 | €11,148 | -€3,844 | €1,037 | -€4,653 | -€1,287 | €8,796 | €632 | ▼ 92.8% |
| Profit (loss) for the period to be appropriated9905 | €5,094 | €11,148 | -€3,844 | €1,037 | -€4,653 | -€1,287 | €8,796 | €632 | ▼ 92.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €128,925 | €114,963 | €93,731 | €78,526 | €136,470 | €122,710 | €108,850 | €87,864 | ▼ 19.3% |
| Fixed assets21/28 | €62,869 | €45,284 | €29,673 | €22,779 | €102,724 | €81,366 | €61,564 | €39,029 | ▼ 36.6% |
| Tangible fixed assets22/27 | €62,869 | €45,284 | €29,673 | €22,779 | €102,724 | €81,366 | €61,564 | €39,029 | ▼ 36.6% |
| Land and buildings22 | - | - | - | €21,748 | €95,098 | €74,947 | €54,797 | €34,979 | ▼ 36.2% |
| Plant, machinery and equipment23 | - | - | - | €461 | €6,704 | €5,951 | €4,382 | €2,812 | ▼ 35.8% |
| Furniture and vehicles24 | - | - | - | €570 | €923 | €468 | €2,385 | €1,238 | ▼ 48.1% |
| Current assets29/58 | €66,056 | €69,679 | €64,058 | €55,747 | €33,746 | €41,344 | €47,286 | €48,835 | ▲ 3.3% |
| Stocks and contracts in progress3 | €18,677 | €18,625 | €22,636 | €22,370 | €22,939 | €25,256 | €22,498 | €25,701 | ▲ 14.2% |
| Stocks30/36 | - | - | - | €22,370 | €22,939 | €25,256 | €22,498 | €25,701 | ▲ 14.2% |
| Amounts receivable within one year40/41 | €33,998 | €27,926 | €14,833 | €710 | €760 | €894 | €1,609 | €3,343 | ▲ 108% |
| Trade receivables40 | - | - | - | - | - | - | €655 | €1,339 | ▲ 105% |
| Other amounts receivable41 | - | - | - | €710 | €760 | €894 | €954 | €2,004 | ▲ 110% |
| Cash at bank and in hand54/58 | €12,041 | €21,229 | €16,751 | €23,030 | €7,460 | €11,606 | €19,222 | €15,756 | ▼ 18.0% |
| Deferred charges and accrued income490/1 | - | - | - | €9,637 | €2,588 | €3,587 | €3,958 | €4,034 | ▲ 1.9% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €128,925 | €114,963 | €93,731 | €78,526 | €136,470 | €122,710 | €108,850 | €87,864 | ▼ 19.3% |
| Equity10/15 | €41,663 | €52,811 | €48,967 | €50,004 | €45,351 | €44,064 | €52,860 | €53,492 | ▲ 1.2% |
| Contributions10/11 | €18,592 | €18,592 | - | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €23,071 | €34,219 | €30,375 | €31,412 | €26,759 | €25,472 | €34,268 | €34,900 | ▲ 1.8% |
| Non-distributable reserves130/1 | - | - | - | €1,859 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,859 | - | - | - | - | - |
| Distributable reserves133 | - | - | - | €29,553 | €26,759 | €25,472 | €34,268 | €34,900 | ▲ 1.8% |
| Amounts payable17/49 | €87,262 | €62,152 | €44,764 | €28,522 | €91,119 | €78,646 | €55,989 | €34,372 | ▼ 38.6% |
| Amounts payable after more than one year17 | €43,613 | €23,468 | €15,027 | - | €71,361 | €52,213 | €32,822 | €19,599 | ▼ 40.3% |
| Financial debts170/4 | - | - | - | - | €2,598 | €0 | - | - | - |
| Other amounts payable178/9 | - | - | - | - | €68,762 | €52,213 | €32,822 | €19,599 | ▼ 40.3% |
| Amounts payable within one year42/48 | €43,649 | €38,684 | €29,737 | €28,522 | €19,758 | €26,433 | €23,015 | €14,606 | ▼ 36.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €15,027 | €2,711 | €2,598 | €0 | - | - |
| Financial debts43 | - | - | - | - | €974 | €3,580 | €1,270 | €931 | ▼ 26.7% |
| Credit institutions430/8 | - | - | - | - | €974 | €3,580 | €1,270 | €931 | ▼ 26.7% |
| Trade debts44 | €11,014 | €8,406 | €7,308 | €7,481 | €8,511 | €9,628 | €9,522 | €6,808 | ▼ 28.5% |
| Suppliers440/4 | - | - | - | €7,481 | €8,511 | €9,628 | €9,522 | €6,808 | ▼ 28.5% |
| Advances received on contracts in progress46 | - | - | - | €25 | €250 | €1,150 | €1,250 | €650 | ▼ 48.0% |
| Taxes, remuneration and social security45 | - | - | - | €5,878 | €7,312 | €9,477 | €10,974 | €6,217 | ▼ 43.3% |
| Taxes450/3 | - | - | - | €3,215 | €3,260 | €4,574 | €6,679 | €5,004 | ▼ 25.1% |
| Remuneration and social security454/9 | - | - | - | €2,663 | €4,052 | €4,903 | €4,295 | €1,213 | ▼ 71.8% |
| Other amounts payable47/48 | - | - | - | €111 | - | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €152 | €166 | ▲ 8.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,094 | €11,148 | -€3,844 | €1,037 | -€4,653 | -€1,287 | €8,796 | €632 | ▼ 92.8% |
| + Depreciation and write-downs630 | €20,530 | €17,585 | €16,303 | €16,397 | €8,336 | €22,069 | €22,727 | €22,534 | ▼ 0.8% |
| Operating cash flow (approximation) | €25,624 | €28,733 | €12,459 | €17,434 | €3,684 | €20,782 | €31,523 | €23,166 | ▼ 26.5% |
| Investment in fixed assets (approximation) | - | €0 | -€692 | -€9,503 | -€88,282 | -€711 | -€2,924 | €0 | - |
| Change in cash | - | €9,188 | -€4,478 | €6,279 | -€15,570 | €4,147 | €7,616 | -€3,465 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 17,041 companies had the same profile as DARRICK has now. Two years later, 94.3% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
94.3%
was still going
4.9%
stopped otherwise
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DARRICK itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,041 companies, not a prediction for DARRICK. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 40 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 01-06-2026 | 2026-00131785 | |
| 31-12-2024 | micro format | 02-06-2025 | 2025-00113042 | |
| 31-12-2023 | micro format | 23-05-2024 | 2024-00095813 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00397138 | |
| 31-12-2021 | micro format | 12-09-2022 | 2022-20426824 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-63600143 | |
| 31-12-2019 | micro format | 09-11-2020 | 2020-69500449 | |
| 31-12-2018 | micro format | 29-08-2019 | 2019-57000263 | |
| 31-12-2017 | micro format | 30-08-2018 | 2018-56500157 | |
| 31-12-2016 | micro format | 16-08-2017 | 2017-43900498 |