DARCEL Immo: 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.
DARCEL Immo
Largest movements
- Tangible fixed assets +€723,823
up €723,823 (+88.9%), from €814,023 to €1.5m
of which Land and buildings: +€680,449
- Receivables within one year +€34,576
up €34,576 (+394.1%), from €8,774 to €43,350
of which Other amounts receivable: +€43,335
- Debts after one year +€530,174
up €530,174 (+119.7%), from €442,868 to €973,041
- Profit (loss) carried forward +€118,605
up €118,605 (+52.4%), from €226,459 to €345,064
- Trade debts +€108,081
up €108,081 (+1439.6%), from €7,508 to €115,588
- Gross operating margin -€29,733
down €29,733 (-11.4%), from €260,163 to €230,430
- Taxes +€8,125
up €8,125 (+15.7%), from €51,788 to €59,913
- Financial income +€4,637
new in 2025: €4,637
- Other operating charges +€4,583
up €4,583 (+39.8%), from €11,527 to €16,109
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 | €826,123 | €1,590,396 | +€764,274 | +92.5% |
| Fixed assets | 21/28 | €814,023 | €1,537,846 | +€723,823 | +88.9% |
| Tangible fixed assets | 22/27 | €814,023 | €1,537,846 | +€723,823 | +88.9% |
| Land and buildings | 22 | €673,542 | €1,353,991 | +€680,449 | +101.0% |
| Plant, machinery and equipment | 23 | €2,861 | €1,954 | -€907 | -31.7% |
| Furniture and vehicles | 24 | €8,435 | €18,516 | +€10,081 | +119.5% |
| Other tangible fixed assets | 26 | €129,185 | €163,385 | +€34,200 | +26.5% |
| Current assets | 29/58 | €12,099 | €52,550 | +€40,451 | +334.3% |
| Amounts receivable within one year | 40/41 | €8,774 | €43,350 | +€34,576 | +394.1% |
| Trade receivables | 40 | €8,759 | - | -€8,759 | |
| Other amounts receivable | 41 | €15 | €43,350 | +€43,335 | +290448.1% |
| Cash at bank and in hand | 54/58 | €3,325 | €2,031 | -€1,294 | -38.9% |
| Deferred charges and accrued income | 490/1 | - | €7,169 | +€7,169 | |
| Total equity and liabilities | 10/49 | €826,123 | €1,590,396 | +€764,274 | +92.5% |
| Equity | 10/15 | €245,055 | €363,660 | +€118,605 | +48.4% |
| Contributions | 10/11 | €18,596 | €18,596 | = | 0.0% |
| Capital | 10 | €18,596 | €18,596 | = | 0.0% |
| Issued capital | 100 | €18,596 | €18,596 | = | 0.0% |
| Profit (loss) carried forward | 14 | €226,459 | €345,064 | +€118,605 | +52.4% |
| Amounts payable | 17/49 | €581,068 | €1,226,736 | +€645,668 | +111.1% |
| Amounts payable after more than one year | 17 | €442,868 | €973,041 | +€530,174 | +119.7% |
| Financial debts | 170/4 | €442,868 | €973,041 | +€530,174 | +119.7% |
| Amounts payable within one year | 42/48 | €138,200 | €253,695 | +€115,495 | +83.6% |
| Current portion of amounts payable after more than one year | 42 | €57,907 | €73,148 | +€15,240 | +26.3% |
| Financial debts | 43 | €2,799 | €2,699 | -€100 | -3.6% |
| Credit institutions | 430/8 | €2,799 | €2,699 | -€100 | -3.6% |
| Trade debts | 44 | €7,508 | €115,588 | +€108,081 | +1439.6% |
| Suppliers | 440/4 | €7,508 | €115,588 | +€108,081 | +1439.6% |
| Advances received on contracts in progress | 46 | €4,860 | €7,860 | +€3,000 | +61.7% |
| Taxes, remuneration and social security | 45 | €51,788 | €54,400 | +€2,612 | +5.0% |
| Taxes | 450/3 | €51,788 | €54,400 | +€2,612 | +5.0% |
| Other amounts payable | 47/48 | €13,338 | - | -€13,338 | |
| Non-recurring operating income | 76A | €194,926 | €228,877 | +€33,951 | +17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,422 | €29,056 | +€634 | +2.2% |
| Other operating charges | 640/8 | €11,527 | €16,109 | +€4,583 | +39.8% |
| Non-recurring operating charges | 66A | €359 | - | -€359 | |
| Gross operating margin | 9900 | €260,163 | €230,430 | -€29,733 | -11.4% |
| Operating profit (loss) | 9901 | €219,856 | €185,265 | -€34,591 | -15.7% |
| Financial income | 75/76B | - | €4,637 | +€4,637 | |
| Recurring financial income | 75 | - | €4,637 | +€4,637 | |
| Financial charges | 65/66B | €12,705 | €11,384 | -€1,321 | -10.4% |
| Recurring financial charges | 65 | €12,705 | €11,384 | -€1,321 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €207,151 | €178,518 | -€28,633 | -13.8% |
| Income taxes | 67/77 | €51,788 | €59,913 | +€8,125 | +15.7% |
| Profit (loss) for the period | 9904 | €155,363 | €118,605 | -€36,758 | -23.7% |
| Profit (loss) for the period to be appropriated | 9905 | €155,363 | €118,605 | -€36,758 | -23.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.