DARCHE: 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.
DARCHE
Largest movements
- Cash -€82,526
down €82,526 (-21.2%), from €389,961 to €307,435
mainly Other debts (-€193,669) and Investment in fixed assets (net) (-€137,504)
- Tangible fixed assets -€35,599
down €35,599 (-3.1%), from €1.2m to €1.1m
- Receivables within one year -€28,393
down €28,393 (-31.9%), from €88,976 to €60,583
of which Other amounts receivable: -€27,057
- Other debts -€193,669
no longer reported in 2025 (was €193,669)
- Reserves +€55,000
up €55,000 (+5.2%), from €1.0m to €1.1m
of which Distributable reserves: +€56,855
- Trade debts -€46,272
down €46,272 (-8.2%), from €564,763 to €518,492
- Tax, wage and social debts +€40,719
up €40,719 (+53.7%), from €75,787 to €116,506
of which Taxes: +€21,927
- Gross operating margin +€88,130
up €88,130 (+10.7%), from €826,653 to €914,783
- Staff costs +€52,823
up €52,823 (+8.8%), from €599,022 to €651,844
- Depreciation +€13,753
up €13,753 (+8.6%), from €159,351 to €173,104
- Taxes +€10,424
up €10,424 (+225.0%), from €4,633 to €15,057
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 | €2,098,686 | €1,941,741 | -€156,945 | -7.5% |
| Fixed assets | 21/28 | €1,167,992 | €1,132,392 | -€35,599 | -3.0% |
| Tangible fixed assets | 22/27 | €1,160,492 | €1,124,892 | -€35,599 | -3.1% |
| Land and buildings | 22 | €310,010 | €300,284 | -€9,726 | -3.1% |
| Plant, machinery and equipment | 23 | €714,539 | €720,408 | +€5,868 | +0.8% |
| Furniture and vehicles | 24 | €92,172 | €74,399 | -€17,773 | -19.3% |
| Other tangible fixed assets | 26 | €43,770 | €29,802 | -€13,968 | -31.9% |
| Financial fixed assets | 28 | €7,500 | €7,500 | = | 0.0% |
| Current assets | 29/58 | €930,695 | €809,349 | -€121,346 | -13.0% |
| Stocks and contracts in progress | 3 | €442,056 | €429,111 | -€12,945 | -2.9% |
| Stocks | 30/36 | €442,056 | €429,111 | -€12,945 | -2.9% |
| Amounts receivable within one year | 40/41 | €88,976 | €60,583 | -€28,393 | -31.9% |
| Trade receivables | 40 | €26,897 | €25,561 | -€1,336 | -5.0% |
| Other amounts receivable | 41 | €62,079 | €35,022 | -€27,057 | -43.6% |
| Cash at bank and in hand | 54/58 | €389,961 | €307,435 | -€82,526 | -21.2% |
| Deferred charges and accrued income | 490/1 | €9,702 | €12,220 | +€2,518 | +26.0% |
| Total equity and liabilities | 10/49 | €2,098,686 | €1,941,741 | -€156,945 | -7.5% |
| Equity | 10/15 | €1,114,467 | €1,175,268 | +€60,800 | +5.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,048,853 | €1,103,853 | +€55,000 | +5.2% |
| Non-distributable reserves | 130/1 | €1,855 | - | -€1,855 | |
| Reserves not available under the articles | 1311 | €1,855 | - | -€1,855 | |
| Tax-exempt reserves | 132 | €11,998 | €11,998 | = | 0.0% |
| Distributable reserves | 133 | €1,035,000 | €1,091,855 | +€56,855 | +5.5% |
| Profit (loss) carried forward | 14 | €47,064 | €52,864 | +€5,800 | +12.3% |
| Amounts payable | 17/49 | €984,219 | €766,473 | -€217,745 | -22.1% |
| Amounts payable after more than one year | 17 | €125,000 | €106,250 | -€18,750 | -15.0% |
| Financial debts | 170/4 | €125,000 | €106,250 | -€18,750 | -15.0% |
| Amounts payable within one year | 42/48 | €859,219 | €659,997 | -€199,221 | -23.2% |
| Current portion of amounts payable after more than one year | 42 | €25,000 | €25,000 | = | 0.0% |
| Trade debts | 44 | €564,763 | €518,492 | -€46,272 | -8.2% |
| Suppliers | 440/4 | €564,763 | €518,492 | -€46,272 | -8.2% |
| Taxes, remuneration and social security | 45 | €75,787 | €116,506 | +€40,719 | +53.7% |
| Taxes | 450/3 | €2,247 | €24,174 | +€21,927 | +975.8% |
| Remuneration and social security | 454/9 | €73,540 | €92,332 | +€18,792 | +25.6% |
| Other amounts payable | 47/48 | €193,669 | - | -€193,669 | |
| Accrued charges and deferred income | 492/3 | - | €226 | +€226 | |
| Remuneration, social security and pensions | 62 | €599,022 | €651,844 | +€52,823 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €159,351 | €173,104 | +€13,753 | +8.6% |
| Other operating charges | 640/8 | €5,549 | €2,636 | -€2,913 | -52.5% |
| Gross operating margin | 9900 | €826,653 | €914,783 | +€88,130 | +10.7% |
| Operating profit (loss) | 9901 | €62,731 | €87,199 | +€24,467 | +39.0% |
| Financial income | 75/76B | €68 | €169 | +€101 | +146.8% |
| Recurring financial income | 75 | €68 | €169 | +€101 | +146.8% |
| Financial charges | 65/66B | €10,995 | €11,510 | +€516 | +4.7% |
| Recurring financial charges | 65 | €10,995 | €11,510 | +€516 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | €51,805 | €75,857 | +€24,052 | +46.4% |
| Income taxes | 67/77 | €4,633 | €15,057 | +€10,424 | +225.0% |
| Profit (loss) for the period | 9904 | €47,172 | €60,800 | +€13,628 | +28.9% |
| Profit (loss) for the period to be appropriated | 9905 | €47,172 | €60,800 | +€13,628 | +28.9% |
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 4 October 2026 via checked.be.