DARGAUD - LOMBARD: 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
DARGAUD - LOMBARD
NACE 58.110, Book publishing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€5.8m
2024 · €5.1m+€773,251
Equity
€56.5m
2024 · €54.3m+€2.3m
Cash
€110,757
2024 · €291,976-€181,218
Balance sheet total
€84.2m
2024 · €84.4m-€278,961
Largest movements
Assets
- Receivables within one year +€3.2m
up €3.2m (+4.7%), from €67.7m to €70.9m
of which Other amounts receivable: +€4.6m
- Intangible fixed assets -€1.7m
down €1.7m (-31.7%), from €5.5m to €3.8m
- Financial fixed assets -€1.1m
down €1.1m (-98.7%), from €1.2m to €15,670
of which Affiliated companies: -€1.1m
Equity and liabilities
- Profit (loss) carried forward +€3.3m
up €3.3m (+6.7%), from €49.7m to €53.0m
- Trade debts -€3.0m
down €3.0m (-11.9%), from €24.9m to €21.9m
- Reserves -€1.1m
down €1.1m (-76.7%), from €1.4m to €320,000
of which Tax-exempt reserves: -€1.1m
Income statement
- Turnover -€6.2m
down €6.2m (-11.0%), from €56.6m to €50.4m
- Services and other goods -€2.4m
down €2.4m (-8.0%), from €29.5m to €27.1m
- Financial income +€2.2m
up €2.2m (+179%), from €1.3m to €3.5m
of which Non-recurring financial income: +€2.7m
- Write-downs +€617,421
up €617,421 (+38.3%), from €1.6m to €2.2m
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
€5.1m
Turnover
-€6.2m
Other operating income
+€6,231
Goods and materials
+€383,895
Services and other goods
+€2.4m
Staff costs
-€69,678
Depreciation
+€31,544
Write-downs
-€617,421
Provisions
-€18,000
Other operating charges
-€15,129
Other operating items
+€2.2m
Financial income
+€2.2m
Financial charges
+€3,988
Taxes
+€497,984
Result 2025
€5.8m
raises the resultlowers the resultnot broken down further in the accounts
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
+€2.4m
Investment
+€1.0m
Financing
-€3.6m
Cash 2024
€291,976
From operations (derived)
+€2.4m
Net result for the year
+€5.8m
Depreciation
+€1.9m
Stocks and contracts
+€322,105
Receivables within one year
-€3.2m
Deferred charges and accrued income
+€20,558
Provisions
+€18,000
Trade debts
-€3.0m
Tax, wage and social debts
+€395,920
Smaller working-capital items
-€12,136
Investment (derived)
+€1.0m
Investment in fixed assets (net)
+€1.0m
Financing
-€3.6m
Contributions, distributions and other
-€3.6m
Cash 2025
€110,757
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €84,445,506 | €84,166,546 | -€278,961 | -0.3% |
| Fixed assets | 21/28 | €8,564,677 | €5,634,974 | -€2.9m | -34.2% |
| Intangible fixed assets | 21 | €5,527,661 | €3,778,120 | -€1.7m | -31.7% |
| Tangible fixed assets | 22/27 | €1,874,728 | €1,841,185 | -€33,543 | -1.8% |
| Land and buildings | 22 | €1,474,497 | €1,434,240 | -€40,258 | -2.7% |
| Plant, machinery and equipment | 23 | €34,460 | €3,266 | -€31,194 | -90.5% |
| Furniture and vehicles | 24 | €86,885 | €69,915 | -€16,970 | -19.5% |
| Other tangible fixed assets | 26 | €278,885 | €333,764 | +€54,878 | +19.7% |
| Financial fixed assets | 28 | €1,162,289 | €15,670 | -€1.1m | -98.7% |
| Affiliated companies | 280/1 | €1,149,299 | €2,680 | -€1.1m | -99.8% |
| Participating interests | 280 | €1,149,299 | €2,680 | -€1.1m | -99.8% |
| Other financial fixed assets | 284/8 | €12,989 | €12,989 | = | 0.0% |
| Shares | 284 | €10,302 | €10,302 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €2,687 | €2,687 | = | 0.0% |
| Current assets | 29/58 | €75,880,829 | €78,531,572 | +€2.7m | +3.5% |
| Stocks and contracts in progress | 3 | €7,423,251 | €7,101,147 | -€322,105 | -4.3% |
| Stocks | 30/36 | €7,423,251 | €7,101,147 | -€322,105 | -4.3% |
| Work in progress | 32 | €956,480 | €1,040,754 | +€84,274 | +8.8% |
| Finished goods | 33 | €6,466,771 | €6,060,393 | -€406,378 | -6.3% |
| Goods purchased for resale | 34 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €67,709,574 | €70,884,198 | +€3.2m | +4.7% |
| Trade receivables | 40 | €37,199,900 | €35,753,495 | -€1.4m | -3.9% |
| Other amounts receivable | 41 | €30,509,675 | €35,130,704 | +€4.6m | +15.1% |
| Cash at bank and in hand | 54/58 | €291,976 | €110,757 | -€181,218 | -62.1% |
| Deferred charges and accrued income | 490/1 | €456,028 | €435,469 | -€20,558 | -4.5% |
| Total equity and liabilities | 10/49 | €84,445,506 | €84,166,546 | -€278,961 | -0.3% |
| Equity | 10/15 | €54,252,747 | €56,524,108 | +€2.3m | +4.2% |
| Contributions | 10/11 | €3,200,000 | €3,200,000 | = | 0.0% |
| Capital | 10 | €3,200,000 | €3,200,000 | = | 0.0% |
| Issued capital | 100 | €3,200,000 | €3,200,000 | = | 0.0% |
| Reserves | 13 | €1,372,500 | €320,000 | -€1.1m | -76.7% |
| Non-distributable reserves | 130/1 | €320,000 | €320,000 | = | 0.0% |
| Legal reserve | 130 | €320,000 | €320,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,052,500 | - | -€1.1m | |
| Profit (loss) carried forward | 14 | €49,680,247 | €53,004,108 | +€3.3m | +6.7% |
| Provisions and deferred taxes | 16 | - | €18,000 | +€18,000 | |
| Provisions for liabilities and charges | 160/5 | - | €18,000 | +€18,000 | |
| Pensions and similar obligations | 160 | - | €18,000 | +€18,000 | |
| Amounts payable | 17/49 | €30,192,759 | €27,624,438 | -€2.6m | -8.5% |
| Amounts payable within one year | 42/48 | €30,192,597 | €27,623,949 | -€2.6m | -8.5% |
| Trade debts | 44 | €24,882,611 | €21,930,506 | -€3.0m | -11.9% |
| Suppliers | 440/4 | €24,882,611 | €21,930,506 | -€3.0m | -11.9% |
| Taxes, remuneration and social security | 45 | €1,722,939 | €2,118,859 | +€395,920 | +23.0% |
| Taxes | 450/3 | €953,116 | €1,184,461 | +€231,345 | +24.3% |
| Remuneration and social security | 454/9 | €769,823 | €934,398 | +€164,575 | +21.4% |
| Other amounts payable | 47/48 | €3,587,046 | €3,574,584 | -€12,462 | -0.3% |
| Accrued charges and deferred income | 492/3 | €163 | €489 | +€326 | +201% |
| Operating income | 70/76A | €54,702,021 | €50,662,054 | -€4.0m | -7.4% |
| Turnover | 70 | €56,611,104 | €50,401,068 | -€6.2m | -11.0% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€2,757,977 | -€594,138 | +€2.2m | +78.5% |
| Other operating income | 74 | €848,893 | €855,124 | +€6,231 | +0.7% |
| Operating charges | 60/66A | €49,137,345 | €47,076,047 | -€2.1m | -4.2% |
| Goods for resale, raw materials and consumables | 60 | €11,627,479 | €11,243,585 | -€383,895 | -3.3% |
| Purchases | 600/8 | €11,627,479 | €11,243,585 | -€383,895 | -3.3% |
| Services and other goods | 61 | €29,475,084 | €27,109,375 | -€2.4m | -8.0% |
| Remuneration, social security and pensions | 62 | €4,397,044 | €4,466,722 | +€69,678 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,932,442 | €1,900,898 | -€31,544 | -1.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,612,089 | €2,229,510 | +€617,421 | +38.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €18,000 | +€18,000 | |
| Other operating charges | 640/8 | €92,828 | €107,957 | +€15,129 | +16.3% |
| Non-recurring operating charges | 66A | €379 | - | -€379 | |
| Operating profit (loss) | 9901 | €5,564,676 | €3,586,008 | -€2.0m | -35.6% |
| Financial income | 75/76B | €1,259,304 | €3,509,251 | +€2.2m | +179% |
| Recurring financial income | 75 | €1,259,304 | €764,637 | -€494,667 | -39.3% |
| Income from financial fixed assets | 750 | €339,117 | €242 | -€338,875 | -99.9% |
| Income from current assets | 751 | €919,161 | €763,489 | -€155,672 | -16.9% |
| Other financial income | 752/9 | €1,026 | €906 | -€120 | -11.7% |
| Non-recurring financial income | 76B | - | €2,744,614 | +€2.7m | |
| Financial charges | 65/66B | €28,016 | €24,028 | -€3,988 | -14.2% |
| Recurring financial charges | 65 | €28,016 | €24,028 | -€3,988 | -14.2% |
| Debt charges | 650 | €5,567 | €1,560 | -€4,007 | -72.0% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €140 | - | -€140 | |
| Other financial charges | 652/9 | €22,309 | €22,469 | +€159 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | €6,795,964 | €7,071,231 | +€275,267 | +4.1% |
| Income taxes | 67/77 | €1,723,270 | €1,225,285 | -€497,984 | -28.9% |
| Taxes | 670/3 | €1,725,835 | €1,225,285 | -€500,549 | -29.0% |
| Tax adjustments and reversals of tax provisions | 77 | €2,565 | - | -€2,565 | |
| Profit (loss) for the period | 9904 | €5,072,694 | €5,845,945 | +€773,251 | +15.2% |
| Transfer from tax-exempt reserves | 789 | €842,000 | €1,052,500 | +€210,500 | +25.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,914,694 | €6,898,445 | +€983,751 | +16.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.