DARAC: 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.
DARAC
Largest movements
- Receivables within one year -€11,156
down €11,156 (-1.9%), from €597,313 to €586,156
of which Trade receivables: -€99,185
- Other debts -€20,749
down €20,749 (-100%), from €20,749 to €0
- Trade debts -€13,557
down €13,557 (-63.1%), from €21,478 to €7,921
- Profit (loss) carried forward +€12,564
up €12,564 (+4.5%), from €276,667 to €289,230
- Gross operating margin -€40,906
down €40,906 (-29.8%), from €137,100 to €96,195
- Financial income +€14,379
new in 2025: €14,379
- Taxes -€5,749
down €5,749 (-41.5%), from €13,846 to €8,097
- Financial charges -€4,418
down €4,418 (-77.7%), from €5,685 to €1,268
- Staff costs +€3,523
up €3,523 (+4.9%), from €71,770 to €75,293
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 | €623,070 | €603,791 | -€19,279 | -3.1% |
| Fixed assets | 21/28 | €8,200 | €7,107 | -€1,093 | -13.3% |
| Tangible fixed assets | 22/27 | €8,200 | €7,107 | -€1,093 | -13.3% |
| Land and buildings | 22 | €8,200 | €7,107 | -€1,093 | -13.3% |
| Current assets | 29/58 | €614,870 | €596,684 | -€18,186 | -3.0% |
| Amounts receivable within one year | 40/41 | €597,313 | €586,156 | -€11,156 | -1.9% |
| Trade receivables | 40 | €145,452 | €46,267 | -€99,185 | -68.2% |
| Other amounts receivable | 41 | €451,861 | €539,889 | +€88,028 | +19.5% |
| Cash at bank and in hand | 54/58 | €14,432 | €9,543 | -€4,889 | -33.9% |
| Deferred charges and accrued income | 490/1 | €3,125 | €985 | -€2,141 | -68.5% |
| Total equity and liabilities | 10/49 | €623,070 | €603,791 | -€19,279 | -3.1% |
| Equity | 10/15 | €551,667 | €564,230 | +€12,564 | +2.3% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €25,000 | €25,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €276,667 | €289,230 | +€12,564 | +4.5% |
| Amounts payable | 17/49 | €71,403 | €39,560 | -€31,843 | -44.6% |
| Amounts payable within one year | 42/48 | €64,431 | €36,182 | -€28,249 | -43.8% |
| Trade debts | 44 | €21,478 | €7,921 | -€13,557 | -63.1% |
| Suppliers | 440/4 | €21,478 | €7,921 | -€13,557 | -63.1% |
| Taxes, remuneration and social security | 45 | €22,204 | €28,262 | +€6,057 | +27.3% |
| Taxes | 450/3 | €16,272 | €23,481 | +€7,210 | +44.3% |
| Remuneration and social security | 454/9 | €5,933 | €4,781 | -€1,152 | -19.4% |
| Other amounts payable | 47/48 | €20,749 | €0 | -€20,749 | -100% |
| Accrued charges and deferred income | 492/3 | €6,971 | €3,378 | -€3,594 | -51.5% |
| Remuneration, social security and pensions | 62 | €71,770 | €75,293 | +€3,523 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,093 | €1,093 | +€0 | 0.0% |
| Other operating charges | 640/8 | €13,018 | €12,259 | -€760 | -5.8% |
| Gross operating margin | 9900 | €137,100 | €96,195 | -€40,906 | -29.8% |
| Operating profit (loss) | 9901 | €51,218 | €7,549 | -€43,669 | -85.3% |
| Financial income | 75/76B | - | €14,379 | +€14,379 | |
| Recurring financial income | 75 | - | €14,379 | +€14,379 | |
| Financial charges | 65/66B | €5,685 | €1,268 | -€4,418 | -77.7% |
| Recurring financial charges | 65 | €5,685 | €1,268 | -€4,418 | -77.7% |
| Profit (loss) for the period before taxes | 9903 | €45,533 | €20,661 | -€24,872 | -54.6% |
| Income taxes | 67/77 | €13,846 | €8,097 | -€5,749 | -41.5% |
| Profit (loss) for the period | 9904 | €31,687 | €12,564 | -€19,123 | -60.4% |
| Profit (loss) for the period to be appropriated | 9905 | €31,687 | €12,564 | -€19,123 | -60.4% |
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 18 October 2026 via checked.be.