DECLERCQ A.C.E.
InactiveFinancials · financial year 2025, micro format
Equity
€9,881▲ 207%
2024 · €3,222
Total assets
€27,162▼ 46.1%
2024 · €50,384
Net result
€459
2024 · -€7,135
Working capital
€9,881▲ 314%
2024 · €2,388
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result turns negative in 2025: a loss of €1,572 after €3,124 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€1,572
2025
Net result€459
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€27,162
2025
Equity€9,881
2025
Debt€17,281
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€9,881
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result-€34,268--€1,493▲ 95.6%-€65,855▼ 4,312%-€35,368▲ 46.3%-€5,826▲ 83.5%€3,124-€1,572
Net result-€35,080--€3,326▲ 90.5%-€66,546▼ 1,901%-€36,428▲ 45.3%-€6,092▲ 83.3%-€7,135▼ 17.1%€459
Equity€122,750-€119,424▼ 2.7%€52,877▼ 55.7%€16,449▼ 68.9%€10,357▼ 37.0%€3,222▼ 68.9%€9,881▲ 207%
Total assets€160,195-€142,350▼ 11.1%€91,933▼ 35.4%€44,438▼ 51.7%€43,400▼ 2.3%€50,384▲ 16.1%€27,162▼ 46.1%
Debt€37,445-€22,926▼ 38.8%€39,056▲ 70.4%€27,989▼ 28.3%€33,043▲ 18.1%€47,161▲ 42.7%€17,281▼ 63.4%
Working capital€99,028-€103,243▲ 4.3%€44,238▼ 57.2%€14,852▼ 66.4%€9,141▼ 38.5%€2,388▼ 73.9%€9,881▲ 314%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €27,162
Equity
€9,881 ▲ 207%
Debt
€17,281 ▼ 63.4%
Debt's share of the balance-sheet total falls from 93.6% to 63.6%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
1.57▲
2024 · 1.05
Debt to equity
1.75▼
2024 · 14.64
ROE
4.6%▲
2024 · -221.4%
ROA
1.7%▲
2024 · -14.2%
Debt ≤ 1 year
€17,281▼
2024 · €47,161
Income taxes
€52▼
2024 · €104
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,541 | €7,541 | €7,541 | €7,042 | €382 | €382 | - | - |
| Other operating charges640/8 | - | - | - | €787 | €936 | €755 | €1,388 | ▲ 83.9% |
| Gross operating margin9900 | -€25,797 | €6,781 | -€57,431 | -€27,539 | -€4,509 | €4,260 | -€184 | ▼ 104% |
| Operating profit (loss)9901 | -€34,268 | -€1,493 | -€65,855 | -€35,368 | -€5,826 | €3,124 | -€1,572 | ▼ 150% |
| Financial income75/76B | - | - | - | €67 | €0 | €77 | €2,231 | ▲ 2,792% |
| Recurring financial income75 | €169 | €52 | €402 | €67 | €0 | €77 | €2,231 | ▲ 2,792% |
| Financial charges65/66B | - | - | - | €1,011 | €144 | €10,232 | €148 | ▼ 98.6% |
| Recurring financial charges65 | €869 | €1,735 | €961 | €1,011 | €144 | €10,232 | €148 | ▼ 98.6% |
| Profit (loss) for the period before taxes9903 | -€34,968 | -€3,176 | -€66,414 | -€36,312 | -€5,970 | -€7,031 | €511 | ▲ 107% |
| Income taxes67/77 | €112 | €150 | €132 | €116 | €123 | €104 | €52 | ▼ 49.9% |
| Profit (loss) for the period9904 | -€35,080 | -€3,326 | -€66,546 | -€36,428 | -€6,092 | -€7,135 | €459 | ▲ 106% |
| Profit (loss) for the period to be appropriated9905 | -€35,080 | -€3,326 | -€66,546 | -€36,428 | -€6,092 | -€7,135 | €459 | ▲ 106% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €160,195 | €142,350 | €91,933 | €44,438 | €43,400 | €50,384 | €27,162 | ▼ 46.1% |
| Fixed assets21/28 | €23,722 | €16,181 | €8,640 | €1,598 | €1,216 | €835 | - | - |
| Tangible fixed assets22/27 | €23,672 | €16,131 | €8,590 | €1,548 | €1,166 | €785 | - | - |
| Other tangible fixed assets26 | - | - | - | €1,548 | €1,166 | €785 | - | - |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | €50 | - | - |
| Current assets29/58 | €136,473 | €126,169 | €83,293 | €42,840 | €42,184 | €49,549 | €27,162 | ▼ 45.2% |
| Amounts receivable within one year40/41 | €33,866 | €52,200 | €13,675 | €18,568 | €22,691 | €24,452 | €1,568 | ▼ 93.6% |
| Trade receivables40 | - | - | - | €17,612 | €20,852 | €23,452 | - | - |
| Other amounts receivable41 | - | - | - | €956 | €1,839 | €1,000 | €1,568 | ▲ 56.8% |
| Cash at bank and in hand54/58 | €102,227 | €72,626 | €69,195 | €23,444 | €18,774 | €25,010 | €24,939 | ▼ 0.3% |
| Deferred charges and accrued income490/1 | - | - | - | €828 | €719 | €87 | €655 | ▲ 654% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €160,195 | €142,350 | €91,933 | €44,438 | €43,400 | €50,384 | €27,162 | ▼ 46.1% |
| Equity10/15 | €122,750 | €119,424 | €52,877 | €16,449 | €10,357 | €3,222 | €9,881 | ▲ 207% |
| Contributions10/11 | €12,400 | - | - | €12,400 | €12,400 | €12,400 | €18,600 | ▲ 50.0% |
| Reserves13 | €100,890 | €100,890 | €100,890 | €100,890 | €100,890 | €100,890 | €100,890 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | - | - | - | €19,030 | €19,030 | €19,030 | €19,030 | = |
| Distributable reserves133 | - | - | - | €80,000 | €80,000 | €80,000 | €80,000 | = |
| Profit (loss) carried forward14 | €9,460 | €6,134 | -€60,413 | -€96,840 | -€102,933 | -€110,067 | -€109,609 | ▲ 0.4% |
| Amounts payable17/49 | €37,445 | €22,926 | €39,056 | €27,989 | €33,043 | €47,161 | €17,281 | ▼ 63.4% |
| Amounts payable within one year42/48 | €37,445 | €22,926 | €39,056 | €27,989 | €33,043 | €47,161 | €17,281 | ▼ 63.4% |
| Trade debts44 | €19,718 | €13,754 | €31,435 | €12,128 | €12,588 | €15,528 | €746 | ▼ 95.2% |
| Suppliers440/4 | - | - | - | €12,128 | €12,588 | €15,528 | €746 | ▼ 95.2% |
| Taxes, remuneration and social security45 | - | - | - | €120 | €1,125 | €1,280 | - | - |
| Taxes450/3 | - | - | - | €120 | €125 | €1,280 | - | - |
| Remuneration and social security454/9 | - | - | - | - | €1,000 | - | - | - |
| Other amounts payable47/48 | - | - | - | €15,741 | €19,330 | €30,354 | €16,535 | ▼ 45.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€35,080 | -€3,326 | -€66,546 | -€36,428 | -€6,092 | -€7,135 | €459 | ▲ 106% |
| + Depreciation and write-downs630 | €7,541 | €7,541 | €7,541 | €7,042 | €382 | €382 | - | - |
| Operating cash flow (approximation) | -€27,539 | €4,215 | -€59,005 | -€29,386 | -€5,711 | -€6,753 | €459 | ▲ 107% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | - | - |
| Change in cash | - | -€29,600 | -€3,431 | -€45,751 | -€4,670 | €6,236 | -€71 | ▼ 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.
Public contracts: not fully processed yet. The notices from February 2024 to September 2026 are still being read.