Darcq: 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.
Darcq
Largest movements
- Tangible fixed assets +€1.9m
up €1.9m (+143.2%), from €1.3m to €3.3m
of which Other tangible fixed assets: +€1.2m
- Cash -€376,562
down €376,562 (-29.7%), from €1.3m to €893,093
mainly Investment in fixed assets (net) (-€2.4m) and Other debts (-€771,082)
- Receivables within one year -€229,643
down €229,643 (-31.7%), from €724,739 to €495,096
of which Trade receivables: -€573,200
- Debts after one year +€1.5m
up €1.5m (+124.1%), from €1.2m to €2.6m
of which Financial debts: +€2.0m
- Other debts -€771,082
down €771,082 (-80.5%), from €957,960 to €186,878
- Trade debts +€566,717
up €566,717 (+40.2%), from €1.4m to €2.0m
- Current portion of long-term debt +€272,751
up €272,751 (+797.3%), from €34,210 to €306,962
- Reserves -€95,479
down €95,479 (-12.5%), from €764,985 to €669,506
of which Distributable reserves: -€95,479
- Gross operating margin -€1.1m
down €1.1m (-34.6%), from €3.1m to €2.0m
- Financial income +€480,080
up €480,080 (+1237.9%), from €38,782 to €518,862
- Depreciation +€377,287
up €377,287 (+369.4%), from €102,146 to €479,433
- Taxes -€273,021
down €273,021, from €270,152 to -€2,869
- Financial charges +€77,096
up €77,096 (+136.9%), from €56,311 to €133,407
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 | €5,000,900 | €6,312,111 | +€1.3m | +26.2% |
| Fixed assets | 21/28 | €1,860,518 | €3,788,168 | +€1.9m | +103.6% |
| Intangible fixed assets | 21 | €12,221 | €9,071 | -€3,150 | -25.8% |
| Tangible fixed assets | 22/27 | €1,348,297 | €3,279,097 | +€1.9m | +143.2% |
| Plant, machinery and equipment | 23 | €774,250 | €1,516,472 | +€742,222 | +95.9% |
| Furniture and vehicles | 24 | €23,820 | €17,659 | -€6,160 | -25.9% |
| Other tangible fixed assets | 26 | €550,228 | €1,744,965 | +€1.2m | +217.1% |
| Financial fixed assets | 28 | €500,000 | €500,000 | = | 0.0% |
| Current assets | 29/58 | €3,140,382 | €2,523,943 | -€616,439 | -19.6% |
| Stocks and contracts in progress | 3 | €1,117,869 | €1,078,088 | -€39,780 | -3.6% |
| Stocks | 30/36 | €1,117,869 | €1,078,088 | -€39,780 | -3.6% |
| Amounts receivable within one year | 40/41 | €724,739 | €495,096 | -€229,643 | -31.7% |
| Trade receivables | 40 | €628,455 | €55,255 | -€573,200 | -91.2% |
| Other amounts receivable | 41 | €96,284 | €439,841 | +€343,557 | +356.8% |
| Cash at bank and in hand | 54/58 | €1,269,656 | €893,093 | -€376,562 | -29.7% |
| Deferred charges and accrued income | 490/1 | €28,119 | €57,666 | +€29,547 | +105.1% |
| Total equity and liabilities | 10/49 | €5,000,900 | €6,312,111 | +€1.3m | +26.2% |
| Equity | 10/15 | €912,425 | €816,946 | -€95,479 | -10.5% |
| Contributions | 10/11 | €147,440 | €147,440 | = | 0.0% |
| Reserves | 13 | €764,985 | €669,506 | -€95,479 | -12.5% |
| Tax-exempt reserves | 132 | €13,139 | €13,139 | = | 0.0% |
| Distributable reserves | 133 | €751,846 | €656,367 | -€95,479 | -12.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €4,088,476 | €5,495,165 | +€1.4m | +34.4% |
| Amounts payable after more than one year | 17 | €1,177,651 | €2,639,316 | +€1.5m | +124.1% |
| Financial debts | 170/4 | €677,651 | €2,639,316 | +€2.0m | +289.5% |
| Other amounts payable | 178/9 | €500,000 | €0 | -€500,000 | -100.0% |
| Amounts payable within one year | 42/48 | €2,887,880 | €2,824,375 | -€63,505 | -2.2% |
| Current portion of amounts payable after more than one year | 42 | €34,210 | €306,962 | +€272,751 | +797.3% |
| Financial debts | 43 | €84,401 | €0 | -€84,401 | -100.0% |
| Credit institutions | 430/8 | €84,401 | €0 | -€84,401 | -100.0% |
| Trade debts | 44 | €1,408,397 | €1,975,115 | +€566,717 | +40.2% |
| Suppliers | 440/4 | €1,408,397 | €1,975,115 | +€566,717 | +40.2% |
| Advances received on contracts in progress | 46 | - | €32,231 | +€32,231 | |
| Taxes, remuneration and social security | 45 | €402,912 | €323,191 | -€79,721 | -19.8% |
| Taxes | 450/3 | €90,919 | €6,323 | -€84,596 | -93.0% |
| Remuneration and social security | 454/9 | €311,993 | €316,868 | +€4,875 | +1.6% |
| Other amounts payable | 47/48 | €957,960 | €186,878 | -€771,082 | -80.5% |
| Accrued charges and deferred income | 492/3 | €22,944 | €31,474 | +€8,530 | +37.2% |
| Non-recurring operating income | 76A | - | €3,000 | +€3,000 | |
| Remuneration, social security and pensions | 62 | €1,949,533 | €2,014,429 | +€64,896 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €102,146 | €479,433 | +€377,287 | +369.4% |
| Other operating charges | 640/8 | €4,625 | €6,402 | +€1,777 | +38.4% |
| Non-recurring operating charges | 66A | - | €24,852 | +€24,852 | |
| Gross operating margin | 9900 | €3,118,920 | €2,041,313 | -€1.1m | -34.6% |
| Operating profit (loss) | 9901 | €1,062,617 | -€483,803 | -€1.5m | |
| Financial income | 75/76B | €38,782 | €518,862 | +€480,080 | +1237.9% |
| Recurring financial income | 75 | €38,782 | €518,862 | +€480,080 | +1237.9% |
| Financial charges | 65/66B | €56,311 | €133,407 | +€77,096 | +136.9% |
| Recurring financial charges | 65 | €56,311 | €133,407 | +€77,096 | +136.9% |
| Profit (loss) for the period before taxes | 9903 | €1,045,088 | -€98,348 | -€1.1m | |
| Income taxes | 67/77 | €270,152 | -€2,869 | -€273,021 | |
| Profit (loss) for the period | 9904 | €774,936 | -€95,479 | -€870,415 | |
| Profit (loss) for the period to be appropriated | 9905 | €774,936 | -€95,479 | -€870,415 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.