De Clercq B.: 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.
De Clercq B.
Largest movements
- Cash +€27,075
up €27,075 (+43.8%), from €61,849 to €88,924
mainly Receivables within one year (+€12,248) and Net result for the year (+€11,744)
- Receivables within one year -€12,248
down €12,248 (-47.1%), from €26,000 to €13,752
of which Other amounts receivable: -€8,504
- Tangible fixed assets -€9,570
down €9,570 (-80.8%), from €11,842 to €2,272
of which Furniture and vehicles: -€9,387
- Deferred charges and accrued income +€2,820
new in 2025: €2,820
- Reserves +€11,744
up €11,744 (+19.2%), from €61,020 to €72,764
- Short-term financial debts -€7,103
no longer reported in 2025 (was €7,103)
- Debts after one year -€5,989
no longer reported in 2025 (was €5,989)
- Current portion of long-term debt +€5,989
new in 2025: €5,989
- Other debts +€4,857
new in 2025: €4,857
- Taxes +€7,057
up €7,057 (+9,536%), from €74 to €7,131
- Staff costs -€6,761
down €6,761 (-11.9%), from €56,637 to €49,876
- Gross operating margin +€3,051
up €3,051 (+3.9%), from €77,362 to €80,413
- Depreciation -€2,264
down €2,264 (-19.1%), from €11,834 to €9,570
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €101,691 | €109,768 | +€8,077 | +7.9% |
| Fixed assets | 21/28 | €11,842 | €2,272 | -€9,570 | -80.8% |
| Tangible fixed assets | 22/27 | €11,842 | €2,272 | -€9,570 | -80.8% |
| Plant, machinery and equipment | 23 | €1,237 | €1,054 | -€183 | -14.8% |
| Furniture and vehicles | 24 | €10,605 | €1,218 | -€9,387 | -88.5% |
| Current assets | 29/58 | €89,849 | €107,496 | +€17,647 | +19.6% |
| Stocks and contracts in progress | 3 | €2,000 | €2,000 | = | 0.0% |
| Stocks | 30/36 | €2,000 | €2,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €26,000 | €13,752 | -€12,248 | -47.1% |
| Trade receivables | 40 | €10,939 | €7,195 | -€3,744 | -34.2% |
| Other amounts receivable | 41 | €15,061 | €6,557 | -€8,504 | -56.5% |
| Cash at bank and in hand | 54/58 | €61,849 | €88,924 | +€27,075 | +43.8% |
| Deferred charges and accrued income | 490/1 | - | €2,820 | +€2,820 | |
| Total equity and liabilities | 10/49 | €101,691 | €109,768 | +€8,077 | +7.9% |
| Equity | 10/15 | €84,402 | €96,146 | +€11,744 | +13.9% |
| Contributions | 10/11 | €13,450 | €13,450 | = | 0.0% |
| Reserves | 13 | €61,020 | €72,764 | +€11,744 | +19.2% |
| Non-distributable reserves | 130/1 | €61,020 | €72,764 | +€11,744 | +19.2% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Other | 1319 | €59,165 | €70,909 | +€11,744 | +19.8% |
| Profit (loss) carried forward | 14 | €9,932 | €9,932 | = | 0.0% |
| Amounts payable | 17/49 | €17,289 | €13,622 | -€3,667 | -21.2% |
| Amounts payable after more than one year | 17 | €5,989 | - | -€5,989 | |
| Financial debts | 170/4 | €5,989 | - | -€5,989 | |
| Amounts payable within one year | 42/48 | €11,300 | €13,622 | +€2,322 | +20.5% |
| Current portion of amounts payable after more than one year | 42 | - | €5,989 | +€5,989 | |
| Financial debts | 43 | €7,103 | - | -€7,103 | |
| Credit institutions | 430/8 | €7,103 | - | -€7,103 | |
| Trade debts | 44 | €4,197 | - | -€4,197 | |
| Suppliers | 440/4 | €4,197 | - | -€4,197 | |
| Taxes, remuneration and social security | 45 | - | €2,776 | +€2,776 | |
| Taxes | 450/3 | - | €2,000 | +€2,000 | |
| Remuneration and social security | 454/9 | - | €776 | +€776 | |
| Other amounts payable | 47/48 | - | €4,857 | +€4,857 | |
| Remuneration, social security and pensions | 62 | €56,637 | €49,876 | -€6,761 | -11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,834 | €9,570 | -€2,264 | -19.1% |
| Other operating charges | 640/8 | €979 | €1,202 | +€223 | +22.8% |
| Gross operating margin | 9900 | €77,362 | €80,413 | +€3,051 | +3.9% |
| Operating profit (loss) | 9901 | €7,912 | €19,765 | +€11,853 | +150% |
| Financial income | 75/76B | €157 | €1 | -€156 | -99.4% |
| Recurring financial income | 75 | €157 | €1 | -€156 | -99.4% |
| Non-recurring financial income | 76B | €157 | €1 | -€156 | -99.4% |
| Financial charges | 65/66B | €1,412 | €891 | -€521 | -36.9% |
| Recurring financial charges | 65 | €1,412 | €891 | -€521 | -36.9% |
| Non-recurring financial charges | 66B | €1,412 | €891 | -€521 | -36.9% |
| Profit (loss) for the period before taxes | 9903 | €6,657 | €18,875 | +€12,218 | +184% |
| Income taxes | 67/77 | €74 | €7,131 | +€7,057 | +9,536% |
| Profit (loss) for the period | 9904 | €6,583 | €11,744 | +€5,161 | +78.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,583 | €11,744 | +€5,161 | +78.4% |
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 22 October 2026 via checked.be.