DECLERC
ActiveSummary
DECLERC has been active since 1949 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.5m and a net result of €112,317. Equity is shrinking by ~11.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 24% of 4231 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability46▲+11
Solvency39▼-5
Growth30▲+8
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70,000 at 30 days acceptable
Liquidity tight (current ratio 1.07 against 1.21 in 2024; short-term debt: 78.9% and cash: 2.9% of total assets), and 86.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
13.9%
Return on assets
1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 4231 sector peers (2025).
NBB · sector comparisonPosition among 4231 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
13 d early
2023
on the day
2022
17 d early
2021
5 d early
2020
11 d early
2019
14 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 10 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 23 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
In the rankings
#3 oldest company in Namur, Wholesale and retail trade sector#9 fastest grower in Namur, Wholesale and retail trade sector
Turnover
€32.2m▲ 56.9%
2024 · €20.5m
EBIT margin
0.9%▲ 0.7pp
2024 · 0.3%
Net result
€112,317
2024 · -€27,773
Working capital
€588,327▼ 39.6%
2024 · €974,229
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€30.9m▼ 5.5%€27.7m▼ 10.3%€26.2m▼ 5.5%€20.5m▼ 21.7%€32.2m▲ 56.9%
Operating result€136,412▼ 38.6%€225,501▲ 65.3%€127,190▼ 43.6%€56,884▼ 55.3%€300,331▲ 428%
Net result€84,797within the sector's middle half▼ 46.0%€163,383above the sector's middle half▲ 92.7%€22,311within the sector's middle half▼ 86.3%-€27,773below the sector's middle half€112,317within the sector's middle half
EBIT margin0.4%▼ 0.2pp0.8%▲ 0.4pp0.5%▼ 0.3pp0.3%▼ 0.2pp0.9%▲ 0.7pp
Equity€6.7mabove the sector's middle half▼ 0.4%€6.8mabove the sector's middle half▲ 0.8%€1.4mabove the sector's middle half▼ 79.1%€1.4mabove the sector's middle half▼ 2.0%€1.5mabove the sector's middle half▲ 8.1%
Total assets€9.9mabove the sector's middle half▼ 32.2%€12.7mabove the sector's middle half▲ 28.0%€6.4mabove the sector's middle half▼ 49.8%€7.2mabove the sector's middle half▲ 12.8%€10.8mabove the sector's middle half▲ 49.8%
Debt€3.2m▼ 59.2%€6.0m▲ 84.6%€5.0m▼ 16.6%€5.8m▲ 17.0%€9.3m▲ 59.7%
Working capital€6.7mabove the sector's middle half▲ 1.5%€6.6mabove the sector's middle half▼ 0.8%€972,466above the sector's middle half▼ 85.3%€974,229above the sector's middle half▲ 0.2%€588,327within the sector's middle half▼ 39.6%
Solvency67.5%above the sector's middle half▲ 21.5pp53.1%within the sector's middle half▼ 14.4pp22.1%within the sector's middle half▼ 31.0pp19.2%within the sector's middle half▼ 2.9pp13.9%below the sector's middle half▼ 5.4pp
Current ratio3.17above the sector's middle half▲ 1.342.14within the sector's middle half▼ 1.031.23within the sector's middle half▼ 0.911.21within the sector's middle half▼ 0.021.07within the sector's middle half▼ 0.14
Return on assets (ROA)0.9%within the sector's middle half▼ 0.2pp1.3%within the sector's middle half▲ 0.4pp0.3%within the sector's middle half▼ 0.9pp-0.4%below the sector's middle half▼ 0.7pp1.0%within the sector's middle half▲ 1.4pp
Staff (FTE)35.5above the sector's middle half▼ 0.6%31.4above the sector's middle half▼ 11.5%34.1above the sector's middle half▲ 8.6%35.3above the sector's middle half▲ 3.5%45above the sector's middle half▲ 27.5%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 428% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.7m
Fixed assets
€1.6m ▲ 5.8%
Current assets
€9.1m ▲ 62.7%
Equity and liabilities €10.8m
Equity
€1.5m ▲ 8.1%
Debt
€9.3m ▲ 59.7%
Debt's share of the balance-sheet total rises from 80.8% to 86.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€546,342▲
2024 · €253,685
Cash flow
€358,328▲
2024 · €169,028
Quick ratio
0.41▼
2024 · 0.53
Debt to equity
6.20▲
2024 · 4.20
ROE
7.5%▲
2024 · -2.0%
Interest coverage
4.22▲
2024 · 2.59
Debt ≤ 1 year
€8.5m▲
2024 · €4.6m
Debt > 1 year
€774,605▼
2024 · €1.2m
Income taxes
€55,872▲
2024 · €2,707
Staff costs
€2.4m▲
2024 · €2.2m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,681 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 97% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.1%
went bankrupt
2.0%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 4,681 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €31.5m | €28.0m | €26.9m | €21.1m | €33.0m | ▲ 56.5% |
| Turnover70 | €30.9m | €27.7m | €26.2m | €20.5m | €32.2m | ▲ 56.9% |
| Other operating income74 | €593,668 | €271,204 | €623,494 | €581,426 | €822,534 | ▲ 41.5% |
| Non-recurring operating income76A | €0 | €8,700 | €45,207 | €0 | - | - |
| Operating charges60/66A | €31.4m | €27.8m | €26.7m | €21.0m | €32.7m | ▲ 55.5% |
| Goods for resale, raw materials and consumables60 | €27.3m | €23.7m | €22.1m | €16.3m | €27.2m | ▲ 66.7% |
| Purchases600/8 | €23.4m | €27.5m | €21.1m | €16.8m | €29.6m | ▲ 75.9% |
| Change in stocks: decrease (increase)609 | €3.9m | -€3.8m | €1.1m | -€552,315 | -€2.5m | ▼ 349% |
| Services and other goods61 | €1.8m | €2.1m | €2.3m | €2.3m | €2.8m | ▲ 17.7% |
| Remuneration, social security and pensions62 | €2.0m | €1.8m | €2.1m | €2.2m | €2.4m | ▲ 12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €52,496 | €80,482 | €100,113 | €196,801 | €246,010 | ▲ 25.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €1,843 | €10,475 | -€2,893 | €0 | - | - |
| Other operating charges640/8 | €162,955 | €77,029 | €84,433 | €38,438 | €60,171 | ▲ 56.5% |
| Non-recurring operating charges66A | €3,696 | €12,780 | €15,864 | €552 | €64,184 | ▲ 11,535% |
| Operating profit (loss)9901 | €136,412 | €225,501 | €127,190 | €56,884 | €300,331 | ▲ 428% |
| Financial income75/76B | €5,444 | €9,405 | €22,889 | €21,302 | €2,945 | ▼ 86.2% |
| Recurring financial income75 | €5,444 | €9,405 | €22,889 | €21,302 | €2,945 | ▼ 86.2% |
| Income from current assets751 | €0 | €350 | €127 | €5 | €1,024 | ▲ 20,299% |
| Other financial income752/9 | €5,444 | €9,055 | €22,763 | €21,297 | €1,921 | ▼ 91.0% |
| Financial charges65/66B | €42,533 | €26,908 | €115,311 | €103,251 | €135,087 | ▲ 30.8% |
| Recurring financial charges65 | €42,533 | €26,908 | €115,311 | €103,251 | €135,087 | ▲ 30.8% |
| Debt charges650 | €35,612 | €20,216 | €98,485 | €97,958 | €129,604 | ▲ 32.3% |
| Other financial charges652/9 | €6,921 | €6,692 | €16,827 | €5,293 | €5,483 | ▲ 3.6% |
| Profit (loss) for the period before taxes9903 | €99,323 | €207,998 | €34,768 | -€25,066 | €168,189 | ▲ 771% |
| Income taxes67/77 | €14,526 | €44,615 | €12,456 | €2,707 | €55,872 | ▲ 1,964% |
| Taxes670/3 | €17,500 | €45,000 | €15,000 | €2,707 | €55,872 | ▲ 1,964% |
| Tax adjustments and reversals of tax provisions77 | €2,974 | €385 | €2,544 | €0 | - | - |
| Profit (loss) for the period9904 | €84,797 | €163,383 | €22,311 | -€27,773 | €112,317 | ▲ 504% |
| Profit (loss) for the period to be appropriated9905 | €84,797 | €163,383 | €22,311 | -€27,773 | €112,317 | ▲ 504% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €9.9m | €12.7m | €6.4m | €7.2m | €10.8m | ▲ 49.8% |
| Formation expenses20 | - | - | - | €57,938 | €43,862 | ▼ 24.3% |
| Fixed assets21/28 | €191,342 | €298,347 | €1.2m | €1.6m | €1.6m | ▲ 5.8% |
| Intangible fixed assets21 | €16,789 | €20,935 | €40,062 | €29,453 | €18,843 | ▼ 36.0% |
| Tangible fixed assets22/27 | €171,775 | €274,634 | €1.2m | €1.5m | €1.6m | ▲ 6.6% |
| Plant, machinery and equipment23 | €84,960 | €110,498 | €127,146 | €235,626 | €319,127 | ▲ 35.4% |
| Furniture and vehicles24 | €59,830 | €92,093 | €49,347 | €29,165 | €92,668 | ▲ 218% |
| Other tangible fixed assets26 | €26,985 | €72,042 | €980,924 | €1.3m | €1.2m | ▼ 3.7% |
| Financial fixed assets28 | €2,779 | €2,779 | €2,779 | €2,779 | €2,779 | = |
| Other financial fixed assets284/8 | €2,779 | €2,779 | €2,779 | €2,779 | €2,779 | = |
| Amounts receivable and cash guarantees285/8 | €2,779 | €2,779 | €2,779 | €2,779 | €2,779 | = |
| Current assets29/58 | €9.7m | €12.4m | €5.2m | €5.6m | €9.1m | ▲ 62.7% |
| Stocks and contracts in progress3 | €6.1m | €9.9m | €2.6m | €3.2m | €5.6m | ▲ 78.3% |
| Stocks30/36 | €6.1m | €9.9m | €2.6m | €3.2m | €5.6m | ▲ 78.3% |
| Goods purchased for resale34 | €6.1m | €9.9m | €2.6m | €3.2m | €5.6m | ▲ 78.3% |
| Amounts receivable within one year40/41 | €1.9m | €1.7m | €1.6m | €2.1m | €3.1m | ▲ 48.1% |
| Trade receivables40 | €1.6m | €1.6m | €1.4m | €1.8m | €3.0m | ▲ 63.5% |
| Other amounts receivable41 | €238,754 | €88,739 | €209,242 | €303,007 | €167,598 | ▼ 44.7% |
| Cash at bank and in hand54/58 | €1.8m | €779,970 | €934,951 | €303,588 | €310,463 | ▲ 2.3% |
| Deferred charges and accrued income490/1 | - | €1,500 | €2,850 | €0 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €9.9m | €12.7m | €6.4m | €7.2m | €10.8m | ▲ 49.8% |
| Equity10/15 | €6.7m | €6.8m | €1.4m | €1.4m | €1.5m | ▲ 8.1% |
| Contributions10/11 | €99,157 | €99,157 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | €99,157 | €99,157 | €61,500 | €61,500 | €61,500 | = |
| Issued capital100 | €99,157 | €99,157 | €61,500 | €61,500 | €61,500 | = |
| Reserves13 | €6.6m | €6.7m | €1.4m | €1.3m | €1.4m | ▲ 8.5% |
| Non-distributable reserves130/1 | €9,916 | €9,916 | €3,157 | €3,157 | €6,150 | ▲ 94.8% |
| Legal reserve130 | €9,916 | €9,916 | €3,157 | €3,157 | €6,150 | ▲ 94.8% |
| Distributable reserves133 | €6.6m | €6.6m | €1.3m | €1.3m | €1.4m | ▲ 8.3% |
| Amounts payable17/49 | €3.2m | €6.0m | €5.0m | €5.8m | €9.3m | ▲ 59.7% |
| Amounts payable after more than one year17 | €161,000 | €161,000 | €758,690 | €1.2m | €774,605 | ▼ 35.3% |
| Financial debts170/4 | - | - | €597,690 | €536,078 | €371,340 | ▼ 30.7% |
| Credit institutions173 | - | - | €597,690 | €536,078 | €371,340 | ▼ 30.7% |
| Other amounts payable178/9 | €161,000 | €161,000 | €161,000 | €661,000 | €403,265 | ▼ 39.0% |
| Amounts payable within one year42/48 | €3.1m | €5.8m | €4.2m | €4.6m | €8.5m | ▲ 84.3% |
| Current portion of amounts payable after more than one year42 | - | - | €112,612 | €151,306 | €158,004 | ▲ 4.4% |
| Financial debts43 | - | - | - | €150,000 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €150,000 | €0 | ▼ 100% |
| Trade debts44 | €2.6m | €3.8m | €1.7m | €3.0m | €6.5m | ▲ 120% |
| Suppliers440/4 | €2.6m | €3.8m | €1.7m | €3.0m | €6.5m | ▲ 120% |
| Advances received on contracts in progress46 | - | €56,343 | €0 | - | €44,628 | - |
| Taxes, remuneration and social security45 | €336,822 | €314,638 | €377,974 | €348,707 | €406,589 | ▲ 16.6% |
| Taxes450/3 | €65,398 | €117,294 | €94,449 | €62,237 | €103,502 | ▲ 66.3% |
| Remuneration and social security454/9 | €271,424 | €197,343 | €283,525 | €286,470 | €303,087 | ▲ 5.8% |
| Other amounts payable47/48 | €110,000 | €1.6m | €2.1m | €1.0m | €1.4m | ▲ 39.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €84,797 | €163,383 | €22,311 | -€27,773 | €112,317 | ▲ 504% |
| + Depreciation and write-downs630 | €52,496 | €80,482 | €100,113 | €196,801 | €246,010 | ▲ 25.0% |
| Operating cash flow (approximation) | €137,293 | €243,865 | €122,424 | €169,028 | €358,328 | ▲ 112% |
| Investment in fixed assets (approximation) | - | -€187,487 | -€1.0m | -€547,715 | -€335,831 | ▲ 38.7% |
| Change in cash | - | -€987,348 | €154,981 | -€631,363 | €6,875 | ▲ 101% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €112,317
Net result €112,317 after one loss-making year.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet -€27,773
Net result drops to -€27,773, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Namur · 2 establishment units since 1949
Ground area
1.6 ha
Building footprint
3,247 m²
Volume, LiDAR
5,058 m³
2 parcels, Wallonia · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Rue de Gembloux(SS) 42-44, 5002 Namur
since 19492.105.393.314
Declerc S.A.
since 20042.287.946.225
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92095B0005/00W000 | Wallonia | 1.3 ha | 1 · 2,324 m² | - |
| 92108B0228/00B002 | Wallonia | 2,184 m² | 1 · 923 m² | 7.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 10,662 companies in sector 47811 we hold annual accounts for 5,227. 2,616 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded21-12-1949
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47300Retail sale of automotive fuel
47820Retail sale of motor vehicle parts and accessories
64910Financial service activities, except insurance and pension funding
66220Insurance agents and brokers
95314Bodywork repair (including spraying and painting)
Contact
E-mail
info@declerc.com
Phone
+3281730101
Website
www.declerc.comNamur
Fax
+3281730312Namur
Phone
+3281749720Namur
Fax
+3281749729Namur
E-invoicing
Reachable via Peppol
Peppol ID
0208:0401392730
Also
9925:BE0401392730
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.