DARON: 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.
DARON
Largest movements
- Receivables within one year -€109,777
down €109,777 (-81.9%), from €134,033 to €24,257
of which Other amounts receivable: -€85,148
- Cash -€43,039
down €43,039 (-16.1%), from €266,959 to €223,919
mainly Trade debts (-€118,121) and Net result for the year (-€64,997)
- Trade debts -€118,121
down €118,121 (-37.8%), from €312,200 to €194,079
- Reserves -€64,997
down €64,997 (-20.3%), from €319,981 to €254,984
of which Distributable reserves: -€64,997
- Current portion of long-term debt +€13,117
new in 2024: €13,117
- Staff costs +€102,753
up €102,753 (+13.7%), from €750,966 to €853,719
- Gross operating margin +€29,346
up €29,346 (+3.8%), from €771,856 to €801,202
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €946,921 | €789,230 | -€157,691 | -16.7% |
| Fixed assets | 21/28 | €14,552 | €9,303 | -€5,249 | -36.1% |
| Tangible fixed assets | 22/27 | €14,502 | €9,303 | -€5,199 | -35.8% |
| Plant, machinery and equipment | 23 | €8,451 | €4,897 | -€3,554 | -42.1% |
| Furniture and vehicles | 24 | €6,051 | €4,406 | -€1,645 | -27.2% |
| Financial fixed assets | 28 | €50 | €0 | -€50 | -100.0% |
| Current assets | 29/58 | €932,369 | €779,927 | -€152,442 | -16.3% |
| Amounts receivable after more than one year | 29 | €500,000 | €500,000 | = | 0.0% |
| Other amounts receivable | 291 | €500,000 | €500,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €31,141 | €30,947 | -€194 | -0.6% |
| Stocks | 30/36 | €31,141 | €30,947 | -€194 | -0.6% |
| Amounts receivable within one year | 40/41 | €134,033 | €24,257 | -€109,777 | -81.9% |
| Trade receivables | 40 | €38,078 | €13,449 | -€24,629 | -64.7% |
| Other amounts receivable | 41 | €95,956 | €10,808 | -€85,148 | -88.7% |
| Cash at bank and in hand | 54/58 | €266,959 | €223,919 | -€43,039 | -16.1% |
| Deferred charges and accrued income | 490/1 | €235 | €804 | +€568 | +241.4% |
| Total equity and liabilities | 10/49 | €946,921 | €789,230 | -€157,691 | -16.7% |
| Equity | 10/15 | €339,981 | €274,984 | -€64,997 | -19.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €319,981 | €254,984 | -€64,997 | -20.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €319,981 | €254,984 | -€64,997 | -20.3% |
| Amounts payable | 17/49 | €606,939 | €514,246 | -€92,694 | -15.3% |
| Amounts payable within one year | 42/48 | €596,359 | €500,111 | -€96,248 | -16.1% |
| Current portion of amounts payable after more than one year | 42 | - | €13,117 | +€13,117 | |
| Trade debts | 44 | €312,200 | €194,079 | -€118,121 | -37.8% |
| Suppliers | 440/4 | €312,200 | €194,079 | -€118,121 | -37.8% |
| Taxes, remuneration and social security | 45 | €284,160 | €292,915 | +€8,756 | +3.1% |
| Taxes | 450/3 | €96,986 | €66,280 | -€30,706 | -31.7% |
| Remuneration and social security | 454/9 | €187,173 | €226,636 | +€39,462 | +21.1% |
| Accrued charges and deferred income | 492/3 | €10,580 | €14,134 | +€3,554 | +33.6% |
| Remuneration, social security and pensions | 62 | €750,966 | €853,719 | +€102,753 | +13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,982 | €5,199 | -€783 | -13.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | -€239 | -€239 | |
| Other operating charges | 640/8 | €2,303 | €8,987 | +€6,685 | +290.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €771,856 | €801,202 | +€29,346 | +3.8% |
| Operating profit (loss) | 9901 | €12,606 | -€66,464 | -€79,070 | |
| Financial income | 75/76B | €20,080 | €18,684 | -€1,396 | -7.0% |
| Recurring financial income | 75 | €20,080 | €18,684 | -€1,396 | -7.0% |
| Financial charges | 65/66B | €15,218 | €16,638 | +€1,419 | +9.3% |
| Recurring financial charges | 65 | €15,218 | €16,638 | +€1,419 | +9.3% |
| Profit (loss) for the period before taxes | 9903 | €17,468 | -€64,419 | -€81,886 | |
| Income taxes | 67/77 | €7,103 | €579 | -€6,525 | -91.9% |
| Profit (loss) for the period | 9904 | €10,364 | -€64,997 | -€75,361 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,364 | -€64,997 | -€75,361 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.