DARCO: 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.
DARCO
Largest movements
- Cash +€23,052
up €23,052 (+24.8%), from €92,891 to €115,942
mainly Debts after one year (+€111,617) and Deferred charges and accrued income (+€14,652)
- Deferred charges and accrued income -€14,652
down €14,652 (-71.3%), from €20,556 to €5,904
- Current investments +€14,190
up €14,190 (+3.0%), from €472,810 to €487,000
- Tangible fixed assets +€8,641
up €8,641 (+29.6%), from €29,204 to €37,846
of which Other tangible fixed assets: +€10,437
- Debts after one year +€111,617
up €111,617 (+22.8%), from €490,028 to €601,645
- Other debts -€89,681
down €89,681 (-61.0%), from €146,953 to €57,272
- Gross operating margin +€18,803
up €18,803, from -€18,304 to €498
- Financial charges -€11,088
down €11,088 (-98.7%), from €11,235 to €147
- Financial income -€3,181
down €3,181 (-20.7%), from €15,401 to €12,220
- Staff costs -€1,708
down €1,708 (-100.0%), from €1,708 to €0
- Other operating charges +€1,235
up €1,235 (+600.6%), from €206 to €1,441
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 | €623,658 | €651,482 | +€27,824 | +4.5% |
| Fixed assets | 21/28 | €29,204 | €37,846 | +€8,641 | +29.6% |
| Tangible fixed assets | 22/27 | €29,204 | €37,846 | +€8,641 | +29.6% |
| Plant, machinery and equipment | 23 | €3,927 | €3,282 | -€645 | -16.4% |
| Furniture and vehicles | 24 | €7,540 | €6,388 | -€1,151 | -15.3% |
| Other tangible fixed assets | 26 | €17,738 | €28,175 | +€10,437 | +58.8% |
| Current assets | 29/58 | €594,453 | €613,636 | +€19,183 | +3.2% |
| Amounts receivable within one year | 40/41 | €8,197 | €4,790 | -€3,407 | -41.6% |
| Trade receivables | 40 | €8,193 | €4,784 | -€3,409 | -41.6% |
| Other amounts receivable | 41 | €4 | €6 | +€2 | +50.6% |
| Current investments | 50/53 | €472,810 | €487,000 | +€14,190 | +3.0% |
| Cash at bank and in hand | 54/58 | €92,891 | €115,942 | +€23,052 | +24.8% |
| Deferred charges and accrued income | 490/1 | €20,556 | €5,904 | -€14,652 | -71.3% |
| Total equity and liabilities | 10/49 | €623,658 | €651,482 | +€27,824 | +4.5% |
| Equity | 10/15 | -€24,233 | -€18,189 | +€6,044 | +24.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,109 | €2,109 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €109 | €109 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,342 | -€40,298 | +€6,044 | +13.0% |
| Amounts payable | 17/49 | €647,891 | €669,671 | +€21,780 | +3.4% |
| Amounts payable after more than one year | 17 | €490,028 | €601,645 | +€111,617 | +22.8% |
| Financial debts | 170/4 | €490,028 | €601,645 | +€111,617 | +22.8% |
| Amounts payable within one year | 42/48 | €157,351 | €68,026 | -€89,325 | -56.8% |
| Trade debts | 44 | €7,691 | €7,474 | -€217 | -2.8% |
| Suppliers | 440/4 | €7,691 | €7,474 | -€217 | -2.8% |
| Taxes, remuneration and social security | 45 | €2,706 | €3,280 | +€573 | +21.2% |
| Taxes | 450/3 | €2,706 | €3,280 | +€573 | +21.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €146,953 | €57,272 | -€89,681 | -61.0% |
| Accrued charges and deferred income | 492/3 | €512 | €0 | -€512 | -100.0% |
| Remuneration, social security and pensions | 62 | €1,708 | €0 | -€1,708 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,799 | €4,872 | +€72 | +1.5% |
| Other operating charges | 640/8 | €206 | €1,441 | +€1,235 | +600.6% |
| Gross operating margin | 9900 | -€18,304 | €498 | +€18,803 | |
| Operating profit (loss) | 9901 | -€25,017 | -€5,814 | +€19,203 | +76.8% |
| Financial income | 75/76B | €15,401 | €12,220 | -€3,181 | -20.7% |
| Recurring financial income | 75 | €15,401 | €12,220 | -€3,181 | -20.7% |
| Financial charges | 65/66B | €11,235 | €147 | -€11,088 | -98.7% |
| Recurring financial charges | 65 | €11,235 | €147 | -€11,088 | -98.7% |
| Profit (loss) for the period before taxes | 9903 | -€20,850 | €6,259 | +€27,109 | |
| Income taxes | 67/77 | €209 | €215 | +€6 | +3.1% |
| Profit (loss) for the period | 9904 | -€21,059 | €6,044 | +€27,103 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,059 | €6,044 | +€27,103 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.