DE CLERCQ ANTOINE: what changed
DE CLERCQ ANTOINE
Largest movements
- Cash +€122,107
up €122,107 (+27.8%), from €439,798 to €561,905
mainly Other debts (+€438,648) and Receivables within one year (+€112,603)
- Receivables within one year -€112,603
down €112,603 (-80.8%), from €139,356 to €26,753
of which Other amounts receivable: -€133,000
- Financial fixed assets +€29,267
up €29,267 (+37.5%), from €78,133 to €107,400
- Tangible fixed assets -€10,539
down €10,539 (-68.1%), from €15,485 to €4,946
of which Furniture and vehicles: -€11,209
- Other debts +€438,648
up €438,648 (+3,181%), from €13,791 to €452,438
- Reserves -€409,250
down €409,250 (-56.5%), from €724,510 to €315,260
- Gross operating margin -€7,456
down €7,456 (-8.7%), from €85,675 to €78,220
- Financial income -€4,882
down €4,882 (-28.0%), from €17,408 to €12,527
- Depreciation -€4,315
down €4,315 (-26.2%), from €16,483 to €12,167
- Taxes -€2,687
down €2,687 (-10.0%), from €26,995 to €24,309
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 | €773,844 | €802,029 | +€28,185 | +3.6% |
| Fixed assets | 21/28 | €93,618 | €112,346 | +€18,728 | +20.0% |
| Tangible fixed assets | 22/27 | €15,485 | €4,946 | -€10,539 | -68.1% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | €670 | +€670 | |
| Furniture and vehicles | 24 | €15,485 | €4,276 | -€11,209 | -72.4% |
| Financial fixed assets | 28 | €78,133 | €107,400 | +€29,267 | +37.5% |
| Current assets | 29/58 | €680,226 | €689,683 | +€9,457 | +1.4% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €139,356 | €26,753 | -€112,603 | -80.8% |
| Trade receivables | 40 | €4,356 | €24,753 | +€20,397 | +468% |
| Other amounts receivable | 41 | €135,000 | €2,000 | -€133,000 | -98.5% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €439,798 | €561,905 | +€122,107 | +27.8% |
| Deferred charges and accrued income | 490/1 | €1,072 | €1,025 | -€47 | -4.4% |
| Total equity and liabilities | 10/49 | €773,844 | €802,029 | +€28,185 | +3.6% |
| Equity | 10/15 | €749,661 | €340,466 | -€409,195 | -54.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €724,510 | €315,260 | -€409,250 | -56.5% |
| Distributable reserves | 133 | €724,510 | €315,260 | -€409,250 | -56.5% |
| Profit (loss) carried forward | 14 | €151 | €206 | +€55 | +36.3% |
| Amounts payable | 17/49 | €24,183 | €461,563 | +€437,380 | +1,809% |
| Amounts payable within one year | 42/48 | €22,655 | €460,814 | +€438,158 | +1,934% |
| Trade debts | 44 | €468 | €632 | +€164 | +35.0% |
| Suppliers | 440/4 | €468 | €632 | +€164 | +35.0% |
| Taxes, remuneration and social security | 45 | €8,397 | €7,744 | -€653 | -7.8% |
| Taxes | 450/3 | €8,397 | €7,744 | -€653 | -7.8% |
| Other amounts payable | 47/48 | €13,791 | €452,438 | +€438,648 | +3,181% |
| Accrued charges and deferred income | 492/3 | €1,527 | €749 | -€778 | -50.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,483 | €12,167 | -€4,315 | -26.2% |
| Other operating charges | 640/8 | €2,953 | €2,630 | -€323 | -10.9% |
| Gross operating margin | 9900 | €85,675 | €78,220 | -€7,456 | -8.7% |
| Operating profit (loss) | 9901 | €66,240 | €63,423 | -€2,818 | -4.3% |
| Financial income | 75/76B | €17,408 | €12,527 | -€4,882 | -28.0% |
| Recurring financial income | 75 | €17,408 | €12,527 | -€4,882 | -28.0% |
| Financial charges | 65/66B | €737 | €786 | +€49 | +6.6% |
| Recurring financial charges | 65 | €737 | €786 | +€49 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | €82,912 | €75,163 | -€7,748 | -9.3% |
| Income taxes | 67/77 | €26,995 | €24,309 | -€2,687 | -10.0% |
| Profit (loss) for the period | 9904 | €55,916 | €50,855 | -€5,061 | -9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €55,916 | €50,855 | -€5,061 | -9.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.