De Clerck-Laduron: 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-Laduron
NACE 75.000, Veterinary services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€89,520
2024 · €104,350-€14,830
Equity
€851,112
2024 · €761,592+€89,520
Cash
€216,282
2024 · €233,412-€17,130
Balance sheet total
€1.8m
2024 · €1.9m-€73,182
Largest movements
Assets
- Tangible fixed assets -€59,520
down €59,520 (-4.5%), from €1.3m to €1.3m
of which Land and buildings: -€70,505
Equity and liabilities
- Debts after one year -€196,559
down €196,559 (-19.9%), from €986,327 to €789,768
of which Other amounts payable: -€115,000
- Profit (loss) carried forward +€89,520
up €89,520 (+12.1%), from €741,132 to €830,652
- Other debts +€21,292
up €21,292 (+609%), from €3,496 to €24,788
Income statement
- Gross operating margin -€14,528
down €14,528 (-4.8%), from €302,388 to €287,860
- Taxes -€7,148
down €7,148 (-25.2%), from €28,335 to €21,187
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
€104,350
Gross operating margin
-€14,528
Staff costs
-€302
Depreciation
-€1,643
Other operating charges
-€455
Other operating items
-€7,103
Financial income
+€475
Financial charges
+€1,578
Taxes
+€7,148
Result 2025
€89,520
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
+€225,925
Investment
-€48,019
Financing
-€195,036
Cash 2024
€233,412
From operations (derived)
+€225,925
Net result for the year
+€89,520
Depreciation
+€105,785
Stocks and contracts
+€6,374
Receivables within one year
-€5,219
Deferred charges and accrued income
-€2,869
Trade debts
-€10,729
Tax, wage and social debts
+€14,424
Other debts
+€21,292
Accrued charges and deferred income
+€7,347
Investment (derived)
-€48,019
Investment in fixed assets (net)
-€48,019
Financing
-€195,036
Debts after one year
-€196,559
Current portion of long-term debt
+€1,523
Cash 2025
€216,282
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,870,300 | €1,797,118 | -€73,182 | -3.9% |
| Fixed assets | 21/28 | €1,317,032 | €1,259,266 | -€57,766 | -4.4% |
| Intangible fixed assets | 21 | - | €1,754 | +€1,754 | |
| Tangible fixed assets | 22/27 | €1,317,032 | €1,257,512 | -€59,520 | -4.5% |
| Land and buildings | 22 | €1,196,039 | €1,125,534 | -€70,505 | -5.9% |
| Plant, machinery and equipment | 23 | €74,934 | €75,591 | +€657 | +0.9% |
| Furniture and vehicles | 24 | €46,059 | €56,387 | +€10,328 | +22.4% |
| Current assets | 29/58 | €553,268 | €537,852 | -€15,416 | -2.8% |
| Stocks and contracts in progress | 3 | €57,268 | €50,894 | -€6,374 | -11.1% |
| Stocks | 30/36 | €57,268 | €50,894 | -€6,374 | -11.1% |
| Amounts receivable within one year | 40/41 | €256,803 | €262,022 | +€5,219 | +2.0% |
| Trade receivables | 40 | €213,529 | €186,000 | -€27,529 | -12.9% |
| Other amounts receivable | 41 | €43,274 | €76,022 | +€32,748 | +75.7% |
| Cash at bank and in hand | 54/58 | €233,412 | €216,282 | -€17,130 | -7.3% |
| Deferred charges and accrued income | 490/1 | €5,785 | €8,654 | +€2,869 | +49.6% |
| Total equity and liabilities | 10/49 | €1,870,300 | €1,797,118 | -€73,182 | -3.9% |
| Equity | 10/15 | €761,592 | €851,112 | +€89,520 | +11.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €741,132 | €830,652 | +€89,520 | +12.1% |
| Amounts payable | 17/49 | €1,108,708 | €946,006 | -€162,702 | -14.7% |
| Amounts payable after more than one year | 17 | €986,327 | €789,768 | -€196,559 | -19.9% |
| Financial debts | 170/4 | €567,927 | €486,368 | -€81,559 | -14.4% |
| Other amounts payable | 178/9 | €418,400 | €303,400 | -€115,000 | -27.5% |
| Amounts payable within one year | 42/48 | €122,381 | €148,891 | +€26,510 | +21.7% |
| Current portion of amounts payable after more than one year | 42 | €80,036 | €81,559 | +€1,523 | +1.9% |
| Trade debts | 44 | €15,596 | €4,867 | -€10,729 | -68.8% |
| Suppliers | 440/4 | €15,596 | €4,867 | -€10,729 | -68.8% |
| Taxes, remuneration and social security | 45 | €23,253 | €37,677 | +€14,424 | +62.0% |
| Taxes | 450/3 | €14,168 | €24,689 | +€10,521 | +74.3% |
| Remuneration and social security | 454/9 | €9,085 | €12,988 | +€3,903 | +43.0% |
| Other amounts payable | 47/48 | €3,496 | €24,788 | +€21,292 | +609% |
| Accrued charges and deferred income | 492/3 | - | €7,347 | +€7,347 | |
| Non-recurring operating income | 76A | €18,387 | - | -€18,387 | |
| Remuneration, social security and pensions | 62 | €36,766 | €37,068 | +€302 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104,142 | €105,785 | +€1,643 | +1.6% |
| Other operating charges | 640/8 | €7,422 | €7,877 | +€455 | +6.1% |
| Non-recurring operating charges | 66A | - | €7,103 | +€7,103 | |
| Gross operating margin | 9900 | €302,388 | €287,860 | -€14,528 | -4.8% |
| Operating profit (loss) | 9901 | €154,058 | €130,027 | -€24,031 | -15.6% |
| Financial income | 75/76B | €547 | €1,022 | +€475 | +86.8% |
| Recurring financial income | 75 | €547 | €1,022 | +€475 | +86.8% |
| Financial charges | 65/66B | €21,920 | €20,342 | -€1,578 | -7.2% |
| Recurring financial charges | 65 | €21,920 | €20,342 | -€1,578 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €132,685 | €110,707 | -€21,978 | -16.6% |
| Income taxes | 67/77 | €28,335 | €21,187 | -€7,148 | -25.2% |
| Profit (loss) for the period | 9904 | €104,350 | €89,520 | -€14,830 | -14.2% |
| Profit (loss) for the period to be appropriated | 9905 | €104,350 | €89,520 | -€14,830 | -14.2% |
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 23 October 2026 via checked.be.