DARPOL: 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.
DARPOL
Largest movements
- Receivables within one year -€57,874
down €57,874 (-52.4%), from €110,455 to €52,581
of which Trade receivables: -€61,055
- Tangible fixed assets -€21,741
down €21,741 (-6.2%), from €349,741 to €328,000
- Financial fixed assets -€6,292
no longer reported in 2025 (was €6,292)
- Profit (loss) carried forward -€51,049
down €51,049 (-21.7%), from €234,799 to €183,750
- Trade debts -€20,974
down €20,974 (-38.6%), from €54,323 to €33,350
- Debts after one year -€13,533
down €13,533 (-20.7%), from €65,256 to €51,723
of which Financial debts: -€12,433
- Other operating charges +€14,278
up €14,278 (+2833.4%), from €504 to €14,782
- Gross operating margin +€8,173
up €8,173 (+44.5%), from -€18,352 to -€10,179
- Financial charges -€1,003
down €1,003 (-21.0%), from €4,778 to €3,775
- Write-downs +€861
new in 2025: €861
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 | €474,448 | €389,533 | -€84,915 | -17.9% |
| Fixed assets | 21/28 | €356,033 | €328,000 | -€28,033 | -7.9% |
| Tangible fixed assets | 22/27 | €349,741 | €328,000 | -€21,741 | -6.2% |
| Land and buildings | 22 | €283,683 | €274,606 | -€9,078 | -3.2% |
| Plant, machinery and equipment | 23 | €424 | €163 | -€261 | -61.6% |
| Furniture and vehicles | 24 | €16,271 | €5,939 | -€10,332 | -63.5% |
| Other tangible fixed assets | 26 | €49,362 | €47,292 | -€2,070 | -4.2% |
| Financial fixed assets | 28 | €6,292 | - | -€6,292 | |
| Current assets | 29/58 | €118,415 | €61,534 | -€56,881 | -48.0% |
| Amounts receivable within one year | 40/41 | €110,455 | €52,581 | -€57,874 | -52.4% |
| Trade receivables | 40 | €110,455 | €49,400 | -€61,055 | -55.3% |
| Other amounts receivable | 41 | €0 | €3,180 | +€3,180 | |
| Cash at bank and in hand | 54/58 | €5,875 | €6,814 | +€939 | +16.0% |
| Deferred charges and accrued income | 490/1 | €2,085 | €2,139 | +€54 | +2.6% |
| Total equity and liabilities | 10/49 | €474,448 | €389,533 | -€84,915 | -17.9% |
| Equity | 10/15 | €297,998 | €246,948 | -€51,049 | -17.1% |
| Contributions | 10/11 | €12,625 | €12,625 | = | 0.0% |
| Capital | 10 | - | €12,625 | +€12,625 | |
| Issued capital | 100 | - | €12,625 | +€12,625 | |
| Reserves | 13 | €50,574 | €50,574 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,574 | €5,574 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,574 | €5,574 | = | 0.0% |
| Distributable reserves | 133 | €45,000 | €45,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €234,799 | €183,750 | -€51,049 | -21.7% |
| Amounts payable | 17/49 | €176,450 | €142,585 | -€33,865 | -19.2% |
| Amounts payable after more than one year | 17 | €65,256 | €51,723 | -€13,533 | -20.7% |
| Financial debts | 170/4 | €64,156 | €51,723 | -€12,433 | -19.4% |
| Other amounts payable | 178/9 | €1,100 | - | -€1,100 | |
| Amounts payable within one year | 42/48 | €111,194 | €90,862 | -€20,332 | -18.3% |
| Current portion of amounts payable after more than one year | 42 | €20,192 | €18,189 | -€2,003 | -9.9% |
| Trade debts | 44 | €54,323 | €33,350 | -€20,974 | -38.6% |
| Suppliers | 440/4 | €54,323 | €33,350 | -€20,974 | -38.6% |
| Taxes, remuneration and social security | 45 | €3,000 | €2,000 | -€1,000 | -33.3% |
| Taxes | 450/3 | €3,000 | €2,000 | -€1,000 | -33.3% |
| Other amounts payable | 47/48 | €33,678 | €37,324 | +€3,645 | +10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,409 | €11,409 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €861 | +€861 | |
| Other operating charges | 640/8 | €504 | €14,782 | +€14,278 | +2833.4% |
| Operating charges capitalised as restructuring costs | 649 | €0 | - | = | |
| Non-recurring operating charges | 66A | - | €9,921 | +€9,921 | |
| Gross operating margin | 9900 | -€18,352 | -€10,179 | +€8,173 | +44.5% |
| Operating profit (loss) | 9901 | -€30,265 | -€47,152 | -€16,887 | -55.8% |
| Financial income | 75/76B | €23 | €41 | +€17 | +75.4% |
| Recurring financial income | 75 | €23 | €41 | +€17 | +75.4% |
| Financial charges | 65/66B | €4,778 | €3,775 | -€1,003 | -21.0% |
| Recurring financial charges | 65 | €4,778 | €3,775 | -€1,003 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | -€35,020 | -€50,886 | -€15,866 | -45.3% |
| Income taxes | 67/77 | - | €163 | +€163 | |
| Profit (loss) for the period | 9904 | -€35,020 | -€51,049 | -€16,030 | -45.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,020 | -€51,049 | -€16,030 | -45.8% |
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 3 October 2026 via checked.be.