De Clercq Consulting: 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 Consulting
Largest movements
- Cash +€478,045
up €478,045 (+205%), from €233,673 to €711,717
mainly Other debts (+€734,326) and Net result for the year (+€347,104)
- Receivables after one year -€211,455
down €211,455 (-24.9%), from €847,517 to €636,062
- Tangible fixed assets -€119,585
down €119,585 (-29.1%), from €410,979 to €291,394
of which Land and buildings: -€119,610
- Receivables within one year -€92,197
down €92,197 (-10.0%), from €920,660 to €828,463
of which Trade receivables: -€73,621
- Other debts +€734,326
up €734,326 (+249%), from €295,135 to €1.0m
- Reserves -€682,358
down €682,358 (-33.1%), from €2.1m to €1.4m
- Financial income -€37,295
down €37,295 (-6.9%), from €539,117 to €501,822
- Gross operating margin +€19,644
up €19,644 (+93.1%), from €21,097 to €40,741
- Other operating charges +€16,353
up €16,353 (+173%), from €9,443 to €25,796
- Taxes -€9,839
down €9,839 (-18.2%), from €53,978 to €44,139
- Depreciation -€5,390
down €5,390 (-20.1%), from €26,806 to €21,416
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 | €2,666,428 | €2,721,236 | +€54,808 | +2.1% |
| Fixed assets | 21/28 | €664,579 | €544,994 | -€119,585 | -18.0% |
| Tangible fixed assets | 22/27 | €410,979 | €291,394 | -€119,585 | -29.1% |
| Land and buildings | 22 | €409,832 | €290,222 | -€119,610 | -29.2% |
| Plant, machinery and equipment | 23 | - | €891 | +€891 | |
| Furniture and vehicles | 24 | €1,147 | €280 | -€867 | -75.6% |
| Financial fixed assets | 28 | €253,600 | €253,600 | = | 0.0% |
| Current assets | 29/58 | €2,001,849 | €2,176,242 | +€174,393 | +8.7% |
| Amounts receivable after more than one year | 29 | €847,517 | €636,062 | -€211,455 | -24.9% |
| Other amounts receivable | 291 | €847,517 | €636,062 | -€211,455 | -24.9% |
| Amounts receivable within one year | 40/41 | €920,660 | €828,463 | -€92,197 | -10.0% |
| Trade receivables | 40 | €85,153 | €11,532 | -€73,621 | -86.5% |
| Other amounts receivable | 41 | €835,507 | €816,931 | -€18,576 | -2.2% |
| Cash at bank and in hand | 54/58 | €233,673 | €711,717 | +€478,045 | +205% |
| Total equity and liabilities | 10/49 | €2,666,428 | €2,721,236 | +€54,808 | +2.1% |
| Equity | 10/15 | €2,317,362 | €1,635,005 | -€682,358 | -29.4% |
| Contributions | 10/11 | €253,600 | €253,600 | = | 0.0% |
| Reserves | 13 | €2,063,762 | €1,381,405 | -€682,358 | -33.1% |
| Distributable reserves | 133 | €2,063,762 | €1,381,405 | -€682,358 | -33.1% |
| Amounts payable | 17/49 | €349,066 | €1,086,231 | +€737,165 | +211% |
| Amounts payable within one year | 42/48 | €349,066 | €1,086,231 | +€737,165 | +211% |
| Trade debts | 44 | €7,035 | €12,133 | +€5,098 | +72.5% |
| Suppliers | 440/4 | €7,035 | €12,133 | +€5,098 | +72.5% |
| Taxes, remuneration and social security | 45 | €46,896 | €44,637 | -€2,259 | -4.8% |
| Taxes | 450/3 | €46,896 | €44,637 | -€2,259 | -4.8% |
| Other amounts payable | 47/48 | €295,135 | €1,029,462 | +€734,326 | +249% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,806 | €21,416 | -€5,390 | -20.1% |
| Other operating charges | 640/8 | €9,443 | €25,796 | +€16,353 | +173% |
| Non-recurring operating charges | 66A | - | €99,488 | +€99,488 | |
| Gross operating margin | 9900 | €21,097 | €40,741 | +€19,644 | +93.1% |
| Operating profit (loss) | 9901 | -€15,152 | -€105,959 | -€90,807 | -599% |
| Financial income | 75/76B | €539,117 | €501,822 | -€37,295 | -6.9% |
| Recurring financial income | 75 | €539,117 | €501,822 | -€37,295 | -6.9% |
| Financial charges | 65/66B | €1,029 | €4,620 | +€3,591 | +349% |
| Recurring financial charges | 65 | €1,029 | €4,620 | +€3,591 | +349% |
| Profit (loss) for the period before taxes | 9903 | €522,936 | €391,243 | -€131,693 | -25.2% |
| Income taxes | 67/77 | €53,978 | €44,139 | -€9,839 | -18.2% |
| Profit (loss) for the period | 9904 | €468,958 | €347,104 | -€121,854 | -26.0% |
| Profit (loss) for the period to be appropriated | 9905 | €468,958 | €347,104 | -€121,854 | -26.0% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.