Daro: 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.
Daro
Largest movements
- Receivables within one year +€49,585
up €49,585 (+33.6%), from €147,703 to €197,288
of which Trade receivables: +€28,091
- Cash +€6,517
up €6,517 (+181.6%), from €3,589 to €10,107
mainly Net result for the year (+€60,102) and Trade debts (+€1,727)
- Reserves +€60,102
up €60,102 (+59.1%), from €101,633 to €161,735
- Tax, wage and social debts -€6,368
down €6,368 (-13.1%), from €48,533 to €42,165
- Gross operating margin +€25,248
up €25,248 (+42.1%), from €59,993 to €85,242
- Taxes +€5,833
up €5,833 (+35.3%), from €16,529 to €22,362
- Financial charges -€971
down €971 (-28.6%), from €3,389 to €2,418
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 | €153,961 | €209,422 | +€55,461 | +36.0% |
| Fixed assets | 21/28 | €2,668 | €2,028 | -€640 | -24.0% |
| Tangible fixed assets | 22/27 | €2,668 | €2,028 | -€640 | -24.0% |
| Furniture and vehicles | 24 | €2,668 | €2,028 | -€640 | -24.0% |
| Current assets | 29/58 | €151,293 | €207,395 | +€56,102 | +37.1% |
| Amounts receivable within one year | 40/41 | €147,703 | €197,288 | +€49,585 | +33.6% |
| Trade receivables | 40 | €135,600 | €163,691 | +€28,091 | +20.7% |
| Other amounts receivable | 41 | €12,103 | €33,597 | +€21,493 | +177.6% |
| Cash at bank and in hand | 54/58 | €3,589 | €10,107 | +€6,517 | +181.6% |
| Total equity and liabilities | 10/49 | €153,961 | €209,422 | +€55,461 | +36.0% |
| Equity | 10/15 | €104,133 | €164,235 | +€60,102 | +57.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €101,633 | €161,735 | +€60,102 | +59.1% |
| Distributable reserves | 133 | €101,633 | €161,735 | +€60,102 | +59.1% |
| Amounts payable | 17/49 | €49,828 | €45,187 | -€4,641 | -9.3% |
| Amounts payable within one year | 42/48 | €49,828 | €45,187 | -€4,641 | -9.3% |
| Trade debts | 44 | €1,295 | €3,022 | +€1,727 | +133.3% |
| Suppliers | 440/4 | €1,295 | €3,022 | +€1,727 | +133.3% |
| Taxes, remuneration and social security | 45 | €48,533 | €42,165 | -€6,368 | -13.1% |
| Taxes | 450/3 | €48,533 | €42,165 | -€6,368 | -13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €534 | €640 | +€107 | +20.0% |
| Other operating charges | 640/8 | €1,072 | €932 | -€140 | -13.1% |
| Gross operating margin | 9900 | €59,993 | €85,242 | +€25,248 | +42.1% |
| Operating profit (loss) | 9901 | €58,387 | €83,669 | +€25,282 | +43.3% |
| Financial income | 75/76B | €839 | €1,214 | +€375 | +44.7% |
| Recurring financial income | 75 | €839 | €1,214 | +€375 | +44.7% |
| Financial charges | 65/66B | €3,389 | €2,418 | -€971 | -28.6% |
| Recurring financial charges | 65 | €3,389 | €2,418 | -€971 | -28.6% |
| Profit (loss) for the period before taxes | 9903 | €55,837 | €82,464 | +€26,628 | +47.7% |
| Income taxes | 67/77 | €16,529 | €22,362 | +€5,833 | +35.3% |
| Profit (loss) for the period | 9904 | €39,307 | €60,102 | +€20,795 | +52.9% |
| Profit (loss) for the period to be appropriated | 9905 | €39,307 | €60,102 | +€20,795 | +52.9% |
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.