DE CLERCK A.: 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.
What changed
DE CLERCK A.
NACE 47.300, Retail sale of automotive fuel
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€22,943
2024 · €749,740-€726,798
Equity
€2.0m
2024 · €2.1m-€77,057
Cash
€651,339
2024 · €1.4m-€775,163
Balance sheet total
€3.0m
2024 · €3.1m-€90,839
Largest movements
Assets
- Cash -€775,163
down €775,163 (-54.3%), from €1.4m to €651,339
mainly Investment in fixed assets (net) (-€541,705) and Stocks and contracts (-€259,062)
- Tangible fixed assets +€504,196
up €504,196 (+37.2%), from €1.4m to €1.9m
of which Land and buildings: +€480,418
- Stocks and contracts +€259,062
up €259,062 (+958%), from €27,038 to €286,100
- Receivables within one year -€68,882
down €68,882 (-31.3%), from €220,328 to €151,446
of which Trade receivables: -€74,889
Equity and liabilities
- Reserves -€77,057
down €77,057 (-3.9%), from €2.0m to €1.9m
of which Distributable reserves: -€73,709
- Other debts +€71,660
up €71,660 (+23.7%), from €302,509 to €374,169
- Debts after one year -€42,375
down €42,375 (-14.1%), from €301,142 to €258,767
Income statement
- Gross operating margin -€1.0m
down €1.0m (-90.2%), from €1.1m to €108,721
- Taxes -€111,553
down €111,553 (-93.5%), from €119,342 to €7,789
- Staff costs -€11,934
down €11,934 (-29.2%), from €40,884 to €28,950
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.
Result 2024
€749,740
Gross operating margin
-€1.0m
Staff costs
+€11,934
Depreciation
-€4,853
Other operating charges
+€2,821
Financial income
-€4,496
Financial charges
+€3,593
Taxes
+€111,553
Deferred taxes and other
+€158,616
Result 2025
€22,943
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€76,884
Investment
-€541,705
Financing
-€156,574
Cash 2024
€1.4m
From operations (derived)
-€76,884
Net result for the year
+€22,943
Depreciation
+€38,859
Stocks and contracts
-€259,062
Receivables within one year
+€68,882
Deferred charges and accrued income
+€8,701
Provisions
-€1,116
Trade debts
-€22,414
Tax, wage and social debts
-€5,329
Advances received
+€1,542
Other debts
+€71,660
Accrued charges and deferred income
-€1,551
Investment (derived)
-€541,705
Investment in fixed assets (net)
-€541,705
Financing
-€156,574
Debts after one year
-€42,375
Current portion of long-term debt
-€14,199
Contributions, distributions and other
-€100,000
Cash 2025
€651,339
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,050,712 | €2,959,873 | -€90,839 | -3.0% |
| Fixed assets | 21/28 | €1,358,039 | €1,860,884 | +€502,846 | +37.0% |
| Tangible fixed assets | 22/27 | €1,356,614 | €1,860,810 | +€504,196 | +37.2% |
| Land and buildings | 22 | €1,350,821 | €1,831,238 | +€480,418 | +35.6% |
| Plant, machinery and equipment | 23 | €3,723 | €11,566 | +€7,843 | +211% |
| Furniture and vehicles | 24 | €2,071 | €18,006 | +€15,935 | +769% |
| Financial fixed assets | 28 | €1,424 | €74 | -€1,350 | -94.8% |
| Current assets | 29/58 | €1,692,673 | €1,098,988 | -€593,685 | -35.1% |
| Stocks and contracts in progress | 3 | €27,038 | €286,100 | +€259,062 | +958% |
| Stocks | 30/36 | €27,038 | €286,100 | +€259,062 | +958% |
| Amounts receivable within one year | 40/41 | €220,328 | €151,446 | -€68,882 | -31.3% |
| Trade receivables | 40 | €198,616 | €123,726 | -€74,889 | -37.7% |
| Other amounts receivable | 41 | €21,712 | €27,719 | +€6,007 | +27.7% |
| Cash at bank and in hand | 54/58 | €1,426,502 | €651,339 | -€775,163 | -54.3% |
| Deferred charges and accrued income | 490/1 | €18,805 | €10,104 | -€8,701 | -46.3% |
| Total equity and liabilities | 10/49 | €3,050,712 | €2,959,873 | -€90,839 | -3.0% |
| Equity | 10/15 | €2,083,954 | €2,006,896 | -€77,057 | -3.7% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Capital | 10 | €120,000 | €120,000 | = | 0.0% |
| Issued capital | 100 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €1,963,954 | €1,886,896 | -€77,057 | -3.9% |
| Non-distributable reserves | 130/1 | €12,000 | €12,000 | = | 0.0% |
| Legal reserve | 130 | €12,000 | €12,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €472,500 | €469,151 | -€3,349 | -0.7% |
| Distributable reserves | 133 | €1,479,454 | €1,405,745 | -€73,709 | -5.0% |
| Provisions and deferred taxes | 16 | €157,500 | €156,384 | -€1,116 | -0.7% |
| Deferred taxes | 168 | €157,500 | €156,384 | -€1,116 | -0.7% |
| Amounts payable | 17/49 | €809,258 | €796,593 | -€12,665 | -1.6% |
| Amounts payable after more than one year | 17 | €301,142 | €258,767 | -€42,375 | -14.1% |
| Financial debts | 170/4 | €301,142 | €258,767 | -€42,375 | -14.1% |
| Amounts payable within one year | 42/48 | €506,566 | €537,826 | +€31,260 | +6.2% |
| Current portion of amounts payable after more than one year | 42 | €58,683 | €44,484 | -€14,199 | -24.2% |
| Trade debts | 44 | €108,234 | €85,820 | -€22,414 | -20.7% |
| Suppliers | 440/4 | €108,234 | €85,820 | -€22,414 | -20.7% |
| Advances received on contracts in progress | 46 | - | €1,542 | +€1,542 | |
| Taxes, remuneration and social security | 45 | €37,140 | €31,812 | -€5,329 | -14.3% |
| Taxes | 450/3 | €32,374 | €26,552 | -€5,822 | -18.0% |
| Remuneration and social security | 454/9 | €4,766 | €5,260 | +€494 | +10.4% |
| Other amounts payable | 47/48 | €302,509 | €374,169 | +€71,660 | +23.7% |
| Accrued charges and deferred income | 492/3 | €1,551 | - | -€1,551 | |
| Non-recurring operating income | 76A | €894,981 | €23,243 | -€871,738 | -97.4% |
| Remuneration, social security and pensions | 62 | €40,884 | €28,950 | -€11,934 | -29.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,007 | €38,859 | +€4,853 | +14.3% |
| Other operating charges | 640/8 | €18,278 | €15,457 | -€2,821 | -15.4% |
| Gross operating margin | 9900 | €1,114,687 | €108,721 | -€1.0m | -90.2% |
| Operating profit (loss) | 9901 | €1,021,518 | €25,455 | -€996,063 | -97.5% |
| Financial income | 75/76B | €17,295 | €12,799 | -€4,496 | -26.0% |
| Recurring financial income | 75 | €17,295 | €12,799 | -€4,496 | -26.0% |
| Financial charges | 65/66B | €12,231 | €8,638 | -€3,593 | -29.4% |
| Recurring financial charges | 65 | €12,231 | €8,638 | -€3,593 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | €1,026,582 | €29,615 | -€996,967 | -97.1% |
| Transfer from deferred taxes | 780 | - | €1,116 | +€1,116 | |
| Transfer to deferred taxes | 680 | €157,500 | - | -€157,500 | |
| Income taxes | 67/77 | €119,342 | €7,789 | -€111,553 | -93.5% |
| Profit (loss) for the period | 9904 | €749,740 | €22,943 | -€726,798 | -96.9% |
| Transfer from tax-exempt reserves | 789 | - | €3,349 | +€3,349 | |
| Transfer to tax-exempt reserves | 689 | €472,500 | - | -€472,500 | |
| Profit (loss) for the period to be appropriated | 9905 | €277,240 | €26,291 | -€250,949 | -90.5% |
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 25 October 2026 via checked.be.