DARON TERRASSEMENTS: 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.
DARON TERRASSEMENTS
Largest movements
- Receivables within one year +€282,599
up €282,599 (+65.2%), from €433,305 to €715,903
of which Trade receivables: +€202,471
- Tangible fixed assets +€262,369
up €262,369 (+57.2%), from €458,484 to €720,853
of which Furniture and vehicles: +€262,369
- Cash +€157,157
up €157,157 (+36.5%), from €430,474 to €587,631
mainly Net result for the year (+€537,609) and Other debts (+€182,208)
- Profit (loss) carried forward +€337,609
up €337,609 (+41.6%), from €812,078 to €1.1m
- Other debts +€182,208
up €182,208 (+83.1%), from €219,356 to €401,564
- Debts after one year +€159,752
up €159,752 (+164%), from €97,142 to €256,895
- Gross operating margin +€515,932
up €515,932 (+62.1%), from €831,180 to €1.3m
- Staff costs +€135,666
up €135,666 (+40.1%), from €337,973 to €473,639
- Taxes +€88,461
up €88,461 (+112%), from €79,033 to €167,494
- Other operating charges -€33,707
down €33,707 (-66.4%), from €50,798 to €17,090
- Depreciation +€28,692
up €28,692 (+25.5%), from €112,694 to €141,386
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 | €1,366,060 | €2,065,957 | +€699,897 | +51.2% |
| Fixed assets | 21/28 | €478,962 | €736,331 | +€257,369 | +53.7% |
| Intangible fixed assets | 21 | €20,000 | €15,000 | -€5,000 | -25.0% |
| Tangible fixed assets | 22/27 | €458,484 | €720,853 | +€262,369 | +57.2% |
| Land and buildings | 22 | €6,500 | €6,500 | = | 0.0% |
| Furniture and vehicles | 24 | €451,984 | €714,353 | +€262,369 | +58.0% |
| Financial fixed assets | 28 | €478 | €478 | = | 0.0% |
| Current assets | 29/58 | €887,098 | €1,329,625 | +€442,528 | +49.9% |
| Amounts receivable within one year | 40/41 | €433,305 | €715,903 | +€282,599 | +65.2% |
| Trade receivables | 40 | €275,517 | €477,988 | +€202,471 | +73.5% |
| Other amounts receivable | 41 | €157,788 | €237,916 | +€80,128 | +50.8% |
| Cash at bank and in hand | 54/58 | €430,474 | €587,631 | +€157,157 | +36.5% |
| Deferred charges and accrued income | 490/1 | €23,319 | €26,091 | +€2,772 | +11.9% |
| Total equity and liabilities | 10/49 | €1,366,060 | €2,065,957 | +€699,897 | +51.2% |
| Equity | 10/15 | €832,901 | €1,168,287 | +€335,386 | +40.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €812,078 | €1,149,687 | +€337,609 | +41.6% |
| Investment grants | 15 | €2,223 | - | -€2,223 | |
| Amounts payable | 17/49 | €533,159 | €897,669 | +€364,511 | +68.4% |
| Amounts payable after more than one year | 17 | €97,142 | €256,895 | +€159,752 | +164% |
| Financial debts | 170/4 | €97,142 | €256,895 | +€159,752 | +164% |
| Amounts payable within one year | 42/48 | €436,016 | €640,775 | +€204,759 | +47.0% |
| Current portion of amounts payable after more than one year | 42 | €59,197 | €75,321 | +€16,124 | +27.2% |
| Trade debts | 44 | €126,781 | €129,588 | +€2,807 | +2.2% |
| Suppliers | 440/4 | €126,781 | €129,588 | +€2,807 | +2.2% |
| Taxes, remuneration and social security | 45 | €30,682 | €34,302 | +€3,620 | +11.8% |
| Taxes | 450/3 | €7,635 | €230 | -€7,405 | -97.0% |
| Remuneration and social security | 454/9 | €23,047 | €34,072 | +€11,024 | +47.8% |
| Other amounts payable | 47/48 | €219,356 | €401,564 | +€182,208 | +83.1% |
| Remuneration, social security and pensions | 62 | €337,973 | €473,639 | +€135,666 | +40.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €112,694 | €141,386 | +€28,692 | +25.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€22,075 | - | +€22,075 | |
| Other operating charges | 640/8 | €50,798 | €17,090 | -€33,707 | -66.4% |
| Gross operating margin | 9900 | €831,180 | €1,347,111 | +€515,932 | +62.1% |
| Operating profit (loss) | 9901 | €351,790 | €714,997 | +€363,207 | +103% |
| Financial income | 75/76B | €635 | €3,317 | +€2,683 | +423% |
| Recurring financial income | 75 | €635 | €3,317 | +€2,683 | +423% |
| Financial charges | 65/66B | €10,311 | €13,212 | +€2,901 | +28.1% |
| Recurring financial charges | 65 | €10,311 | €13,212 | +€2,901 | +28.1% |
| Profit (loss) for the period before taxes | 9903 | €342,114 | €705,103 | +€362,989 | +106% |
| Income taxes | 67/77 | €79,033 | €167,494 | +€88,461 | +112% |
| Profit (loss) for the period | 9904 | €263,081 | €537,609 | +€274,528 | +104% |
| Profit (loss) for the period to be appropriated | 9905 | €263,081 | €537,609 | +€274,528 | +104% |
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 29 October 2026 via checked.be.