NIKOLAOS DARAS: what changed
NIKOLAOS DARAS
Largest movements
- Receivables within one year +€9,092
up €9,092 (+84.1%), from €10,808 to €19,901
of which Trade receivables: +€6,488
- Deferred charges and accrued income +€1,632
new in 2025: €1,632
- Profit (loss) carried forward +€22,899
up €22,899 (+38.4%), from €59,677 to €82,576
- Tax, wage and social debts -€11,815
down €11,815 (-72.0%), from €16,418 to €4,602
of which Taxes: -€12,103
- Other debts -€1,840
down €1,840 (-36.0%), from €5,111 to €3,271
- Gross operating margin -€6,796
down €6,796 (-17.6%), from €38,722 to €31,926
- Taxes -€1,353
down €1,353 (-17.5%), from €7,749 to €6,396
- Depreciation +€629
up €629 (+35.4%), from €1,778 to €2,407
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €84,334 | €93,849 | +€9,515 | +11.3% |
| Fixed assets | 21/28 | €3,468 | €2,731 | -€737 | -21.3% |
| Tangible fixed assets | 22/27 | €3,468 | €2,731 | -€737 | -21.3% |
| Furniture and vehicles | 24 | €3,468 | €2,731 | -€737 | -21.3% |
| Current assets | 29/58 | €80,866 | €91,119 | +€10,253 | +12.7% |
| Amounts receivable within one year | 40/41 | €10,808 | €19,901 | +€9,092 | +84.1% |
| Trade receivables | 40 | €10,808 | €17,297 | +€6,488 | +60.0% |
| Other amounts receivable | 41 | - | €2,604 | +€2,604 | |
| Cash at bank and in hand | 54/58 | €70,058 | €69,586 | -€472 | -0.7% |
| Deferred charges and accrued income | 490/1 | - | €1,632 | +€1,632 | |
| Total equity and liabilities | 10/49 | €84,334 | €93,849 | +€9,515 | +11.3% |
| Equity | 10/15 | €62,677 | €85,576 | +€22,899 | +36.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,677 | €82,576 | +€22,899 | +38.4% |
| Amounts payable | 17/49 | €21,657 | €8,273 | -€13,384 | -61.8% |
| Amounts payable within one year | 42/48 | €21,657 | €8,273 | -€13,384 | -61.8% |
| Trade debts | 44 | €128 | €400 | +€272 | +212% |
| Suppliers | 440/4 | €128 | €400 | +€272 | +212% |
| Taxes, remuneration and social security | 45 | €16,418 | €4,602 | -€11,815 | -72.0% |
| Taxes | 450/3 | €13,916 | €1,812 | -€12,103 | -87.0% |
| Remuneration and social security | 454/9 | €2,502 | €2,790 | +€288 | +11.5% |
| Other amounts payable | 47/48 | €5,111 | €3,271 | -€1,840 | -36.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,778 | €2,407 | +€629 | +35.4% |
| Other operating charges | 640/8 | - | €58 | +€58 | |
| Gross operating margin | 9900 | €38,722 | €31,926 | -€6,796 | -17.6% |
| Operating profit (loss) | 9901 | €36,944 | €29,461 | -€7,484 | -20.3% |
| Financial charges | 65/66B | €39 | €165 | +€126 | +323% |
| Recurring financial charges | 65 | €39 | €165 | +€126 | +323% |
| Profit (loss) for the period before taxes | 9903 | €36,905 | €29,295 | -€7,610 | -20.6% |
| Income taxes | 67/77 | €7,749 | €6,396 | -€1,353 | -17.5% |
| Profit (loss) for the period | 9904 | €29,156 | €22,899 | -€6,256 | -21.5% |
| Profit (loss) for the period to be appropriated | 9905 | €29,156 | €22,899 | -€6,256 | -21.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.