DA MARCO: 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.
DA MARCO
Largest movements
- Cash +€3,053
up €3,053 (+402.8%), from €758 to €3,811
mainly Trade debts (+€2,136) and Stocks and contracts (+€1,250)
- Stocks and contracts -€1,250
down €1,250 (-56.8%), from €2,200 to €950
- Receivables within one year +€822
up €822 (+4.0%), from €20,675 to €21,497
- Trade debts +€2,136
up €2,136 (+179.2%), from €1,192 to €3,328
- Tax, wage and social debts +€302
up €302 (+6.0%), from €5,018 to €5,320
of which Taxes: +€288
- Gross operating margin -€9,181
down €9,181 (-26.6%), from €34,575 to €25,394
- Staff costs -€6,394
down €6,394 (-23.0%), from €27,793 to €21,399
- Depreciation -€924
no longer reported in 2025 (was €924)
- Taxes -€431
down €431 (-17.7%), from €2,437 to €2,006
- Other operating charges -€352
down €352 (-18.4%), from €1,910 to €1,558
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 | €23,633 | €26,258 | +€2,625 | +11.1% |
| Current assets | 29/58 | €23,633 | €26,258 | +€2,625 | +11.1% |
| Stocks and contracts in progress | 3 | €2,200 | €950 | -€1,250 | -56.8% |
| Stocks | 30/36 | €2,200 | €950 | -€1,250 | -56.8% |
| Amounts receivable within one year | 40/41 | €20,675 | €21,497 | +€822 | +4.0% |
| Other amounts receivable | 41 | €20,675 | €21,497 | +€822 | +4.0% |
| Cash at bank and in hand | 54/58 | €758 | €3,811 | +€3,053 | +402.8% |
| Total equity and liabilities | 10/49 | €23,633 | €26,258 | +€2,625 | +11.1% |
| Equity | 10/15 | €17,423 | €17,610 | +€187 | +1.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,177 | -€990 | +€187 | +15.9% |
| Amounts payable | 17/49 | €6,210 | €8,648 | +€2,438 | +39.3% |
| Amounts payable within one year | 42/48 | €6,210 | €8,648 | +€2,438 | +39.3% |
| Trade debts | 44 | €1,192 | €3,328 | +€2,136 | +179.2% |
| Suppliers | 440/4 | €1,192 | €3,328 | +€2,136 | +179.2% |
| Taxes, remuneration and social security | 45 | €5,018 | €5,320 | +€302 | +6.0% |
| Taxes | 450/3 | €3,712 | €4,000 | +€288 | +7.8% |
| Remuneration and social security | 454/9 | €1,306 | €1,320 | +€14 | +1.1% |
| Remuneration, social security and pensions | 62 | €27,793 | €21,399 | -€6,394 | -23.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €924 | - | -€924 | |
| Other operating charges | 640/8 | €1,910 | €1,558 | -€352 | -18.4% |
| Gross operating margin | 9900 | €34,575 | €25,394 | -€9,181 | -26.6% |
| Operating profit (loss) | 9901 | €3,948 | €2,437 | -€1,511 | -38.3% |
| Financial charges | 65/66B | €280 | €244 | -€36 | -12.9% |
| Recurring financial charges | 65 | €280 | €244 | -€36 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €3,668 | €2,193 | -€1,475 | -40.2% |
| Income taxes | 67/77 | €2,437 | €2,006 | -€431 | -17.7% |
| Profit (loss) for the period | 9904 | €1,231 | €187 | -€1,044 | -84.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,231 | €187 | -€1,044 | -84.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.