DARDANO: 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.
What changed
DARDANO
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€494,337
2024 · €545,551-€51,215
Equity
€5.2m
2024 · €4.7m+€494,337
Cash
€1.5m
2024 · €1.1m+€430,788
Balance sheet total
€5.5m
2024 · €5.0m+€473,242
Largest movements
Assets
- Cash +€430,788
up €430,788 (+40.6%), from €1.1m to €1.5m
mainly Net result for the year (+€494,337) and Depreciation (+€15,160)
Equity and liabilities
- Profit (loss) carried forward +€251,420
up €251,420 (+10.1%), from €2.5m to €2.7m
- Reserves +€242,917
up €242,917 (+11.2%), from €2.2m to €2.4m
of which Tax-exempt reserves: +€242,917
Income statement
- Financial income -€245,803
down €245,803 (-89.2%), from €275,410 to €29,607
- Turnover +€126,744
up €126,744 (+19.2%), from €660,732 to €787,476
- Services and other goods -€120,279
down €120,279 (-48.5%), from €248,144 to €127,864
- Taxes +€60,214
up €60,214 (+57.3%), from €105,066 to €165,279
- Depreciation -€8,684
down €8,684 (-36.4%), from €23,844 to €15,160
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.
Result 2024
€545,551
Turnover
+€126,744
Other operating income
+€13
Services and other goods
+€120,279
Depreciation
+€8,684
Other operating charges
-€1,561
Financial income
-€245,803
Financial charges
+€643
Taxes
-€60,214
Result 2025
€494,337
raises the resultlowers the result
Derived cash bridge
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.
From operations
+€443,117
Investment
-€12,670
Financing
+€340
Cash 2024
€1.1m
From operations (derived)
+€443,117
Net result for the year
+€494,337
Depreciation
+€15,160
Receivables within one year
-€43,233
Deferred charges and accrued income
-€1,712
Trade debts
-€5,311
Tax, wage and social debts
-€3,719
Other debts
-€11,825
Accrued charges and deferred income
-€580
Investment (derived)
-€12,670
Investment in fixed assets (net)
-€12,670
Financing
+€340
Short-term financial debts
+€340
Cash 2025
€1.5m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,007,979 | €5,481,221 | +€473,242 | +9.4% |
| Fixed assets | 21/28 | €3,783,226 | €3,780,735 | -€2,490 | -0.1% |
| Tangible fixed assets | 22/27 | €139,395 | €136,904 | -€2,490 | -1.8% |
| Land and buildings | 22 | €135,586 | €134,536 | -€1,051 | -0.8% |
| Furniture and vehicles | 24 | €3,809 | €2,369 | -€1,440 | -37.8% |
| Financial fixed assets | 28 | €3,643,831 | €3,643,831 | = | 0.0% |
| Affiliated companies | 280/1 | €3,643,831 | €3,643,831 | = | 0.0% |
| Participating interests | 280 | €2,943,831 | €2,943,831 | = | 0.0% |
| Amounts receivable | 281 | €700,000 | €700,000 | = | 0.0% |
| Current assets | 29/58 | €1,224,753 | €1,700,485 | +€475,732 | +38.8% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €135,425 | €178,657 | +€43,233 | +31.9% |
| Trade receivables | 40 | €129,879 | €173,635 | +€43,756 | +33.7% |
| Other amounts receivable | 41 | €5,545 | €5,022 | -€524 | -9.4% |
| Current investments | 50/53 | €0 | - | = | |
| Other investments | 51/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €1,061,451 | €1,492,238 | +€430,788 | +40.6% |
| Deferred charges and accrued income | 490/1 | €27,878 | €29,590 | +€1,712 | +6.1% |
| Total equity and liabilities | 10/49 | €5,007,979 | €5,481,221 | +€473,242 | +9.4% |
| Equity | 10/15 | €4,745,019 | €5,239,356 | +€494,337 | +10.4% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €2,173,231 | €2,416,148 | +€242,917 | +11.2% |
| Non-distributable reserves | 130/1 | €69,721 | €0 | -€69,721 | -100% |
| Reserves not available under the articles | 1311 | €69,721 | €0 | -€69,721 | -100% |
| Tax-exempt reserves | 132 | €1,331 | €244,248 | +€242,917 | +18,256% |
| Distributable reserves | 133 | €2,102,180 | €2,171,900 | +€69,721 | +3.3% |
| Profit (loss) carried forward | 14 | €2,496,788 | €2,748,208 | +€251,420 | +10.1% |
| Amounts payable | 17/49 | €262,959 | €241,865 | -€21,095 | -8.0% |
| Amounts payable within one year | 42/48 | €251,782 | €231,267 | -€20,515 | -8.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €704 | €1,044 | +€340 | +48.3% |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | €704 | €1,044 | +€340 | +48.3% |
| Trade debts | 44 | €6,466 | €1,155 | -€5,311 | -82.1% |
| Suppliers | 440/4 | €6,466 | €1,155 | -€5,311 | -82.1% |
| Taxes, remuneration and social security | 45 | €74,187 | €70,468 | -€3,719 | -5.0% |
| Taxes | 450/3 | €74,187 | €70,468 | -€3,719 | -5.0% |
| Other amounts payable | 47/48 | €170,425 | €158,599 | -€11,825 | -6.9% |
| Accrued charges and deferred income | 492/3 | €11,178 | €10,598 | -€580 | -5.2% |
| Operating income | 70/76A | €663,240 | €789,997 | +€126,757 | +19.1% |
| Turnover | 70 | €660,732 | €787,476 | +€126,744 | +19.2% |
| Other operating income | 74 | €2,508 | €2,521 | +€13 | +0.5% |
| Operating charges | 60/66A | €275,907 | €148,504 | -€127,402 | -46.2% |
| Services and other goods | 61 | €248,144 | €127,864 | -€120,279 | -48.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,844 | €15,160 | -€8,684 | -36.4% |
| Other operating charges | 640/8 | €3,919 | €5,480 | +€1,561 | +39.8% |
| Operating profit (loss) | 9901 | €387,333 | €641,493 | +€254,160 | +65.6% |
| Financial income | 75/76B | €275,410 | €29,607 | -€245,803 | -89.2% |
| Recurring financial income | 75 | €275,410 | €29,607 | -€245,803 | -89.2% |
| Income from financial fixed assets | 750 | €251,275 | €0 | -€251,275 | -100% |
| Income from current assets | 751 | €24,125 | €29,607 | +€5,482 | +22.7% |
| Other financial income | 752/9 | €10 | €0 | -€10 | -99.8% |
| Financial charges | 65/66B | €12,126 | €11,484 | -€643 | -5.3% |
| Recurring financial charges | 65 | €12,126 | €11,484 | -€643 | -5.3% |
| Debt charges | 650 | €11,205 | €10,598 | -€607 | -5.4% |
| Other financial charges | 652/9 | €921 | €886 | -€36 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €650,617 | €659,616 | +€8,999 | +1.4% |
| Income taxes | 67/77 | €105,066 | €165,279 | +€60,214 | +57.3% |
| Taxes | 670/3 | €105,066 | €165,279 | +€60,214 | +57.3% |
| Profit (loss) for the period | 9904 | €545,551 | €494,337 | -€51,215 | -9.4% |
| Transfer to tax-exempt reserves | 689 | - | €242,917 | +€242,917 | |
| Profit (loss) for the period to be appropriated | 9905 | €545,551 | €251,420 | -€294,132 | -53.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.