DARCA: 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.
DARCA
Largest movements
- Tangible fixed assets +€36,545
up €36,545 (+301.6%), from €12,115 to €48,661
of which Furniture and vehicles: +€32,089
- Cash -€13,711
down €13,711 (-53.3%), from €25,743 to €12,031
mainly Investment in fixed assets (net) (-€42,441) and Other debts (-€6,106)
- Receivables within one year -€11,879
down €11,879 (-52.9%), from €22,443 to €10,563
- Reserves +€7,167
up €7,167 (+20.9%), from €34,223 to €41,390
of which Non-distributable reserves: +€7,150
- Other debts -€6,106
down €6,106 (-16.5%), from €36,948 to €30,842
- Current portion of long-term debt +€5,675
new in 2025: €5,675
- Debts after one year +€5,591
up €5,591 (+408.4%), from €1,369 to €6,960
- Tax, wage and social debts -€1,732
down €1,732 (-31.4%), from €5,517 to €3,784
- Gross operating margin -€25,736
down €25,736 (-61.1%), from €42,093 to €16,357
- Depreciation -€11,521
down €11,521 (-66.1%), from €17,417 to €5,896
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 | €60,301 | €71,255 | +€10,955 | +18.2% |
| Fixed assets | 21/28 | €12,115 | €48,661 | +€36,545 | +301.6% |
| Tangible fixed assets | 22/27 | €12,115 | €48,661 | +€36,545 | +301.6% |
| Plant, machinery and equipment | 23 | - | €4,456 | +€4,456 | |
| Furniture and vehicles | 24 | €12,115 | €44,205 | +€32,089 | +264.9% |
| Current assets | 29/58 | €48,185 | €22,595 | -€25,591 | -53.1% |
| Amounts receivable within one year | 40/41 | €22,443 | €10,563 | -€11,879 | -52.9% |
| Trade receivables | 40 | €22,443 | €10,563 | -€11,879 | -52.9% |
| Cash at bank and in hand | 54/58 | €25,743 | €12,031 | -€13,711 | -53.3% |
| Total equity and liabilities | 10/49 | €60,301 | €71,255 | +€10,955 | +18.2% |
| Equity | 10/15 | €12,799 | €19,966 | +€7,167 | +56.0% |
| Contributions | 10/11 | €10,001 | €10,001 | = | 0.0% |
| Reserves | 13 | €34,223 | €41,390 | +€7,167 | +20.9% |
| Non-distributable reserves | 130/1 | €30,792 | €37,942 | +€7,150 | +23.2% |
| Reserves not available under the articles | 1311 | €460 | €460 | = | 0.0% |
| Other | 1319 | €30,332 | €37,482 | +€7,150 | +23.6% |
| Distributable reserves | 133 | €3,432 | €3,448 | +€17 | +0.5% |
| Profit (loss) carried forward | 14 | -€31,426 | -€31,426 | = | 0.0% |
| Amounts payable | 17/49 | €47,502 | €51,290 | +€3,788 | +8.0% |
| Amounts payable after more than one year | 17 | €1,369 | €6,960 | +€5,591 | +408.4% |
| Financial debts | 170/4 | €1,369 | €6,960 | +€5,591 | +408.4% |
| Amounts payable within one year | 42/48 | €45,333 | €44,330 | -€1,003 | -2.2% |
| Current portion of amounts payable after more than one year | 42 | - | €5,675 | +€5,675 | |
| Trade debts | 44 | €2,868 | €4,028 | +€1,160 | +40.5% |
| Suppliers | 440/4 | €2,868 | €4,028 | +€1,160 | +40.5% |
| Taxes, remuneration and social security | 45 | €5,517 | €3,784 | -€1,732 | -31.4% |
| Taxes | 450/3 | €5,517 | €3,784 | -€1,732 | -31.4% |
| Other amounts payable | 47/48 | €36,948 | €30,842 | -€6,106 | -16.5% |
| Accrued charges and deferred income | 492/3 | €800 | - | -€800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,417 | €5,896 | -€11,521 | -66.1% |
| Other operating charges | 640/8 | €668 | €1,086 | +€418 | +62.5% |
| Gross operating margin | 9900 | €42,093 | €16,357 | -€25,736 | -61.1% |
| Operating profit (loss) | 9901 | €24,008 | €9,375 | -€14,633 | -61.0% |
| Financial charges | 65/66B | €64 | €23 | -€41 | -64.0% |
| Recurring financial charges | 65 | €64 | €23 | -€41 | -64.0% |
| Profit (loss) for the period before taxes | 9903 | €23,944 | €9,352 | -€14,592 | -60.9% |
| Income taxes | 67/77 | €2,175 | €2,185 | +€10 | +0.5% |
| Profit (loss) for the period | 9904 | €21,769 | €7,167 | -€14,602 | -67.1% |
| Profit (loss) for the period to be appropriated | 9905 | €21,769 | €7,167 | -€14,602 | -67.1% |
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 12 October 2026 via checked.be.