DARMAT: 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.
DARMAT
Largest movements
- Receivables within one year -€159,549
down €159,549 (-50.1%), from €318,280 to €158,731
of which Trade receivables: -€160,644
- Other debts -€105,926
down €105,926 (-15.2%), from €697,653 to €591,727
- Current portion of long-term debt -€64,780
down €64,780 (-92.3%), from €70,221 to €5,441
- Turnover -€210,655
no longer reported in 2025 (was €210,655)
- Gross operating margin -€52,321
down €52,321 (-57.7%), from €90,747 to €38,426
- Staff costs -€45,003
down €45,003 (-56.8%), from €79,265 to €34,262
- Purchases and services -€8,985
down €8,985 (-7.4%), from €122,165 to €113,179
- Taxes -€5,244
down €5,244 (-100.0%), from €5,244 to €0
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,989,464 | €3,832,876 | -€156,588 | -3.9% |
| Fixed assets | 21/28 | €3,668,315 | €3,668,315 | = | 0.0% |
| Financial fixed assets | 28 | €3,668,315 | €3,668,315 | = | 0.0% |
| Current assets | 29/58 | €321,149 | €164,561 | -€156,588 | -48.8% |
| Amounts receivable within one year | 40/41 | €318,280 | €158,731 | -€159,549 | -50.1% |
| Trade receivables | 40 | €313,101 | €152,457 | -€160,644 | -51.3% |
| Other amounts receivable | 41 | €5,179 | €6,274 | +€1,095 | +21.1% |
| Cash at bank and in hand | 54/58 | €1,927 | €4,631 | +€2,704 | +140% |
| Deferred charges and accrued income | 490/1 | €942 | €1,199 | +€257 | +27.3% |
| Total equity and liabilities | 10/49 | €3,989,464 | €3,832,876 | -€156,588 | -3.9% |
| Equity | 10/15 | €3,049,725 | €3,050,349 | +€624 | 0.0% |
| Contributions | 10/11 | €375,000 | €375,000 | = | 0.0% |
| Capital | 10 | €375,000 | €375,000 | = | 0.0% |
| Issued capital | 100 | €375,000 | €375,000 | = | 0.0% |
| Reserves | 13 | €1,887,500 | €1,887,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €37,500 | €37,500 | = | 0.0% |
| Legal reserve | 130 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €1,850,000 | €1,850,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €787,225 | €787,849 | +€624 | +0.1% |
| Amounts payable | 17/49 | €939,739 | €782,527 | -€157,212 | -16.7% |
| Amounts payable after more than one year | 17 | €115,772 | €115,772 | = | 0.0% |
| Financial debts | 170/4 | €115,772 | €115,772 | = | 0.0% |
| Amounts payable within one year | 42/48 | €823,967 | €666,755 | -€157,212 | -19.1% |
| Current portion of amounts payable after more than one year | 42 | €70,221 | €5,441 | -€64,780 | -92.3% |
| Trade debts | 44 | €39,416 | €49,556 | +€10,140 | +25.7% |
| Suppliers | 440/4 | €39,416 | €49,556 | +€10,140 | +25.7% |
| Taxes, remuneration and social security | 45 | €16,677 | €20,032 | +€3,355 | +20.1% |
| Taxes | 450/3 | €2,999 | €2,621 | -€378 | -12.6% |
| Remuneration and social security | 454/9 | €13,677 | €17,410 | +€3,733 | +27.3% |
| Other amounts payable | 47/48 | €697,653 | €591,727 | -€105,926 | -15.2% |
| Turnover | 70 | €210,655 | - | -€210,655 | |
| Goods, raw materials, services and sundry goods | 60/61 | €122,165 | €113,179 | -€8,985 | -7.4% |
| Remuneration, social security and pensions | 62 | €79,265 | €34,262 | -€45,003 | -56.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €0 | = | |
| Other operating charges | 640/8 | €1,308 | €644 | -€664 | -50.8% |
| Gross operating margin | 9900 | €90,747 | €38,426 | -€52,321 | -57.7% |
| Operating profit (loss) | 9901 | €10,174 | €3,520 | -€6,654 | -65.4% |
| Financial income | 75/76B | €0 | €0 | -€0 | -16.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -16.7% |
| Financial charges | 65/66B | €4,517 | €2,896 | -€1,620 | -35.9% |
| Recurring financial charges | 65 | €4,517 | €2,896 | -€1,620 | -35.9% |
| Profit (loss) for the period before taxes | 9903 | €5,658 | €624 | -€5,034 | -89.0% |
| Income taxes | 67/77 | €5,244 | €0 | -€5,244 | -100.0% |
| Profit (loss) for the period | 9904 | €414 | €624 | +€210 | +50.7% |
| Profit (loss) for the period to be appropriated | 9905 | €414 | €624 | +€210 | +50.7% |
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 15 October 2026 via checked.be.