DE CLERCQ KOEN ENGINEERING: 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 KOEN ENGINEERING
Largest movements
- Cash -€137,564
down €137,564 (-69.4%), from €198,158 to €60,594
mainly Current investments (-€100,000) and Debts after one year (-€46,531)
- Current investments +€100,000
up €100,000 (+16.7%), from €600,000 to €700,000
- Debts after one year -€46,531
down €46,531 (-32.9%), from €141,526 to €94,995
- Financial income -€14,660
down €14,660 (-61.6%), from €23,799 to €9,139
- Gross operating margin +€6,544
up €6,544, from -€6,057 to €487
- Financial charges -€625
down €625 (-20.0%), from €3,131 to €2,506
- Depreciation +€143
up €143 (+7.2%), from €1,981 to €2,124
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.
Cash bridge derived
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 | €960,387 | €919,566 | -€40,821 | -4.3% |
| Fixed assets | 21/28 | €151,842 | €152,749 | +€908 | +0.6% |
| Tangible fixed assets | 22/27 | €1,842 | €2,749 | +€908 | +49.3% |
| Furniture and vehicles | 24 | €1,842 | €2,749 | +€908 | +49.3% |
| Financial fixed assets | 28 | €150,000 | €150,000 | = | 0.0% |
| Current assets | 29/58 | €808,545 | €766,817 | -€41,729 | -5.2% |
| Amounts receivable within one year | 40/41 | €9,513 | €5,861 | -€3,652 | -38.4% |
| Trade receivables | 40 | €0 | €5,082 | +€5,082 | |
| Other amounts receivable | 41 | €9,513 | €779 | -€8,734 | -91.8% |
| Current investments | 50/53 | €600,000 | €700,000 | +€100,000 | +16.7% |
| Cash at bank and in hand | 54/58 | €198,158 | €60,594 | -€137,564 | -69.4% |
| Deferred charges and accrued income | 490/1 | €875 | €362 | -€513 | -58.6% |
| Total equity and liabilities | 10/49 | €960,387 | €919,566 | -€40,821 | -4.3% |
| Equity | 10/15 | €772,751 | €776,604 | +€3,853 | +0.5% |
| Contributions | 10/11 | €770,000 | €770,000 | = | 0.0% |
| Reserves | 13 | €12,000 | €12,000 | = | 0.0% |
| Distributable reserves | 133 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,249 | -€5,396 | +€3,853 | +41.7% |
| Amounts payable | 17/49 | €187,636 | €142,962 | -€44,674 | -23.8% |
| Amounts payable after more than one year | 17 | €141,526 | €94,995 | -€46,531 | -32.9% |
| Financial debts | 170/4 | €141,526 | €94,995 | -€46,531 | -32.9% |
| Amounts payable within one year | 42/48 | €46,110 | €47,967 | +€1,857 | +4.0% |
| Current portion of amounts payable after more than one year | 42 | €45,898 | €46,531 | +€633 | +1.4% |
| Trade debts | 44 | €212 | €326 | +€114 | +53.9% |
| Suppliers | 440/4 | €212 | €326 | +€114 | +53.9% |
| Taxes, remuneration and social security | 45 | - | €1,110 | +€1,110 | |
| Taxes | 450/3 | - | €1,110 | +€1,110 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,981 | €2,124 | +€143 | +7.2% |
| Other operating charges | 640/8 | €1,108 | €1,143 | +€35 | +3.1% |
| Gross operating margin | 9900 | -€6,057 | €487 | +€6,544 | |
| Operating profit (loss) | 9901 | -€9,146 | -€2,780 | +€6,366 | +69.6% |
| Financial income | 75/76B | €23,799 | €9,139 | -€14,660 | -61.6% |
| Recurring financial income | 75 | €23,799 | €9,139 | -€14,660 | -61.6% |
| Financial charges | 65/66B | €3,131 | €2,506 | -€625 | -20.0% |
| Recurring financial charges | 65 | €3,131 | €2,506 | -€625 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | €11,522 | €3,853 | -€7,669 | -66.6% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €11,522 | €3,853 | -€7,669 | -66.6% |
| Profit (loss) for the period to be appropriated | 9905 | €11,522 | €3,853 | -€7,669 | -66.6% |
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 10 October 2026 via checked.be.