D’Argenteuil Management: 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.
D’Argenteuil Management
Largest movements
- Cash -€143,295
down €143,295 (-90.3%), from €158,614 to €15,319
mainly Contributions, distributions and other (-€115,000) and Investment in fixed assets (net) (-€45,084)
- Tangible fixed assets +€35,564
up €35,564 (+883%), from €4,026 to €39,590
of which Furniture and vehicles: +€36,067
- Receivables within one year -€6,972
down €6,972 (-52.9%), from €13,176 to €6,204
of which Trade receivables: -€7,807
- Profit (loss) carried forward -€113,148
down €113,148 (-73.5%), from €154,046 to €40,897
- Turnover -€67,100
down €67,100 (-77.1%), from €87,070 to €19,970
- Gross operating margin -€60,503
down €60,503 (-78.9%), from €76,711 to €16,208
- Taxes -€15,528
down €15,528 (-92.0%), from €16,882 to €1,354
- Depreciation +€9,017
up €9,017 (+1,792%), from €503 to €9,520
- Other operating charges +€1,037
up €1,037 (+305%), from €340 to €1,377
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 | €175,816 | €61,112 | -€114,703 | -65.2% |
| Fixed assets | 21/28 | €4,026 | €39,590 | +€35,564 | +883% |
| Tangible fixed assets | 22/27 | €4,026 | €39,590 | +€35,564 | +883% |
| Plant, machinery and equipment | 23 | €4,026 | €3,523 | -€503 | -12.5% |
| Furniture and vehicles | 24 | - | €36,067 | +€36,067 | |
| Current assets | 29/58 | €171,790 | €21,522 | -€150,268 | -87.5% |
| Amounts receivable within one year | 40/41 | €13,176 | €6,204 | -€6,972 | -52.9% |
| Trade receivables | 40 | €7,807 | - | -€7,807 | |
| Other amounts receivable | 41 | €5,369 | €6,204 | +€835 | +15.5% |
| Cash at bank and in hand | 54/58 | €158,614 | €15,319 | -€143,295 | -90.3% |
| Total equity and liabilities | 10/49 | €175,816 | €61,112 | -€114,703 | -65.2% |
| Equity | 10/15 | €156,246 | €43,097 | -€113,148 | -72.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €200 | €200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Legal reserve | 130 | €200 | €200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €154,046 | €40,897 | -€113,148 | -73.5% |
| Amounts payable | 17/49 | €19,570 | €18,015 | -€1,555 | -7.9% |
| Amounts payable within one year | 42/48 | €19,570 | €18,015 | -€1,555 | -7.9% |
| Trade debts | 44 | €255 | €404 | +€149 | +58.3% |
| Suppliers | 440/4 | €255 | €404 | +€149 | +58.3% |
| Taxes, remuneration and social security | 45 | €19,315 | €17,611 | -€1,704 | -8.8% |
| Taxes | 450/3 | €19,315 | €17,611 | -€1,704 | -8.8% |
| Turnover | 70 | €87,070 | €19,970 | -€67,100 | -77.1% |
| Non-recurring operating income | 76A | €4,233 | €19,282 | +€15,050 | +356% |
| Goods, raw materials, services and sundry goods | 60/61 | €22,216 | €23,044 | +€828 | +3.7% |
| Remuneration, social security and pensions | 62 | €1,878 | €1,662 | -€216 | -11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €503 | €9,520 | +€9,017 | +1,792% |
| Other operating charges | 640/8 | €340 | €1,377 | +€1,037 | +305% |
| Gross operating margin | 9900 | €76,711 | €16,208 | -€60,503 | -78.9% |
| Operating profit (loss) | 9901 | €73,990 | €3,649 | -€70,341 | -95.1% |
| Financial income | 75/76B | €163 | €210 | +€47 | +28.9% |
| Recurring financial income | 75 | €163 | €210 | +€47 | +28.9% |
| Financial charges | 65/66B | €204 | €653 | +€449 | +220% |
| Recurring financial charges | 65 | €204 | €653 | +€449 | +220% |
| Profit (loss) for the period before taxes | 9903 | €73,949 | €3,205 | -€70,743 | -95.7% |
| Income taxes | 67/77 | €16,882 | €1,354 | -€15,528 | -92.0% |
| Profit (loss) for the period | 9904 | €57,067 | €1,852 | -€55,215 | -96.8% |
| Profit (loss) for the period to be appropriated | 9905 | €57,067 | €1,852 | -€55,215 | -96.8% |
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.