DARCY: 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.
DARCY
Largest movements
- Tangible fixed assets -€11,554
down €11,554 (-7.9%), from €146,694 to €135,140
of which Land and buildings: -€7,800
- Receivables within one year -€10,939
down €10,939 (-59.3%), from €18,434 to €7,495
of which Trade receivables: -€12,663
- Cash -€6,736
down €6,736 (-7.7%), from €87,414 to €80,678
mainly Other debts (-€21,819) and Investment in fixed assets (net) (-€11,136)
- Other debts -€21,819
down €21,819 (-8.2%), from €267,163 to €245,343
- Tax, wage and social debts -€10,647
down €10,647 (-60.3%), from €17,643 to €6,996
- Profit (loss) carried forward +€5,304
up €5,304 (+19.2%), from -€27,560 to -€22,256
- Gross operating margin -€19,364
down €19,364 (-33.5%), from €57,870 to €38,506
- Taxes -€7,283
down €7,283 (-60.5%), from €12,036 to €4,753
- Depreciation +€2,614
up €2,614 (+13.0%), from €20,076 to €22,690
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 | €289,542 | €262,176 | -€27,366 | -9.5% |
| Fixed assets | 21/28 | €146,694 | €135,140 | -€11,554 | -7.9% |
| Tangible fixed assets | 22/27 | €146,694 | €135,140 | -€11,554 | -7.9% |
| Land and buildings | 22 | €136,210 | €128,410 | -€7,800 | -5.7% |
| Plant, machinery and equipment | 23 | €1,535 | €1,335 | -€200 | -13.0% |
| Furniture and vehicles | 24 | €8,948 | €5,395 | -€3,554 | -39.7% |
| Current assets | 29/58 | €142,849 | €127,036 | -€15,812 | -11.1% |
| Amounts receivable within one year | 40/41 | €18,434 | €7,495 | -€10,939 | -59.3% |
| Trade receivables | 40 | €18,056 | €5,393 | -€12,663 | -70.1% |
| Other amounts receivable | 41 | €378 | €2,102 | +€1,724 | +456.0% |
| Current investments | 50/53 | €25,000 | €25,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €87,414 | €80,678 | -€6,736 | -7.7% |
| Deferred charges and accrued income | 490/1 | €12,000 | €13,863 | +€1,863 | +15.5% |
| Total equity and liabilities | 10/49 | €289,542 | €262,176 | -€27,366 | -9.5% |
| Equity | 10/15 | -€597 | €4,707 | +€5,304 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €8,363 | €8,363 | = | 0.0% |
| Distributable reserves | 133 | €8,363 | €8,363 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,560 | -€22,256 | +€5,304 | +19.2% |
| Amounts payable | 17/49 | €290,140 | €257,470 | -€32,670 | -11.3% |
| Amounts payable within one year | 42/48 | €290,140 | €257,470 | -€32,670 | -11.3% |
| Trade debts | 44 | €3,864 | €3,660 | -€204 | -5.3% |
| Suppliers | 440/4 | €3,864 | €3,660 | -€204 | -5.3% |
| Advances received on contracts in progress | 46 | €1,470 | €1,470 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €17,643 | €6,996 | -€10,647 | -60.3% |
| Taxes | 450/3 | €17,643 | €6,996 | -€10,647 | -60.3% |
| Other amounts payable | 47/48 | €267,163 | €245,343 | -€21,819 | -8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,076 | €22,690 | +€2,614 | +13.0% |
| Other operating charges | 640/8 | €4,939 | €5,181 | +€243 | +4.9% |
| Gross operating margin | 9900 | €57,870 | €38,506 | -€19,364 | -33.5% |
| Operating profit (loss) | 9901 | €32,856 | €10,635 | -€22,220 | -67.6% |
| Financial income | 75/76B | €30 | - | -€30 | |
| Recurring financial income | 75 | €30 | - | -€30 | |
| Financial charges | 65/66B | €1,069 | €578 | -€491 | -45.9% |
| Recurring financial charges | 65 | €1,069 | €578 | -€491 | -45.9% |
| Profit (loss) for the period before taxes | 9903 | €31,817 | €10,057 | -€21,760 | -68.4% |
| Income taxes | 67/77 | €12,036 | €4,753 | -€7,283 | -60.5% |
| Profit (loss) for the period | 9904 | €19,781 | €5,304 | -€14,477 | -73.2% |
| Profit (loss) for the period to be appropriated | 9905 | €19,781 | €5,304 | -€14,477 | -73.2% |
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 5 October 2026 via checked.be.