DE CLERCQ PAUL: what changed
What changed
DE CLERCQ PAUL
NACE 43.341, Painting of buildings
filed annual accounts (NBB)
Net result for the year
€1,269
2024 · -€12,342+€13,611
Equity
€312,427
2024 · €311,157+€1,269
Cash
€17,119
2024 · €16,563+€555
Balance sheet total
€871,064
2024 · €901,838-€30,773
Largest movements
Assets
- Tangible fixed assets -€37,114
down €37,114 (-5.9%), from €631,738 to €594,624
of which Land and buildings: -€24,271
Equity and liabilities
- Debts after one year -€82,740
down €82,740 (-31.2%), from €264,968 to €182,228
- Other debts +€35,065
new in 2025: €35,065
- Tax, wage and social debts +€24,444
up €24,444 (+229%), from €10,663 to €35,107
of which Taxes: +€15,099
- Current portion of long-term debt -€19,352
down €19,352 (-36.3%), from €53,345 to €33,993
- Short-term financial debts +€11,080
up €11,080 (+7.1%), from €155,822 to €166,902
Income statement
- Gross operating margin +€34,142
up €34,142 (+23.9%), from €143,140 to €177,282
- Staff costs +€24,397
up €24,397 (+30.1%), from €81,117 to €105,514
- Other operating charges -€5,806
down €5,806 (-69.8%), from €8,319 to €2,514
- Taxes +€2,473
up €2,473 (+246%), from €1,003 to €3,476
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.
Result 2024
-€12,342
Gross operating margin
+€34,142
Staff costs
-€24,397
Depreciation
+€737
Other operating charges
+€5,806
Financial income
-€608
Financial charges
+€404
Taxes
-€2,473
Result 2025
€1,269
raises the resultlowers the result
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.
From operations
+€92,826
Investment
-€1,260
Financing
-€91,012
Cash 2024
€16,563
From operations (derived)
+€92,826
Net result for the year
+€1,269
Depreciation
+€38,374
Receivables within one year
-€7,462
Deferred charges and accrued income
+€1,677
Trade debts
+€445
Tax, wage and social debts
+€24,444
Other debts
+€35,065
Accrued charges and deferred income
-€986
Investment (derived)
-€1,260
Investment in fixed assets (net)
-€1,260
Financing
-€91,012
Debts after one year
-€82,740
Current portion of long-term debt
-€19,352
Short-term financial debts
+€11,080
Cash 2025
€17,119
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €901,838 | €871,064 | -€30,773 | -3.4% |
| Fixed assets | 21/28 | €633,350 | €596,235 | -€37,114 | -5.9% |
| Tangible fixed assets | 22/27 | €631,738 | €594,624 | -€37,114 | -5.9% |
| Land and buildings | 22 | €593,619 | €569,348 | -€24,271 | -4.1% |
| Furniture and vehicles | 24 | €38,119 | €25,276 | -€12,844 | -33.7% |
| Financial fixed assets | 28 | €1,612 | €1,612 | = | 0.0% |
| Current assets | 29/58 | €268,488 | €274,829 | +€6,341 | +2.4% |
| Stocks and contracts in progress | 3 | €5,000 | €5,000 | = | 0.0% |
| Stocks | 30/36 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €241,131 | €248,593 | +€7,462 | +3.1% |
| Trade receivables | 40 | €179,066 | €206,300 | +€27,234 | +15.2% |
| Other amounts receivable | 41 | €62,065 | €42,293 | -€19,772 | -31.9% |
| Cash at bank and in hand | 54/58 | €16,563 | €17,119 | +€555 | +3.4% |
| Deferred charges and accrued income | 490/1 | €5,794 | €4,117 | -€1,677 | -28.9% |
| Total equity and liabilities | 10/49 | €901,838 | €871,064 | -€30,773 | -3.4% |
| Equity | 10/15 | €311,157 | €312,427 | +€1,269 | +0.4% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €73,588 | €73,588 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €71,688 | €71,688 | = | 0.0% |
| Profit (loss) carried forward | 14 | €218,569 | €219,838 | +€1,269 | +0.6% |
| Amounts payable | 17/49 | €590,680 | €558,638 | -€32,043 | -5.4% |
| Amounts payable after more than one year | 17 | €264,968 | €182,228 | -€82,740 | -31.2% |
| Financial debts | 170/4 | €264,968 | €182,228 | -€82,740 | -31.2% |
| Amounts payable within one year | 42/48 | €324,727 | €376,410 | +€51,683 | +15.9% |
| Current portion of amounts payable after more than one year | 42 | €53,345 | €33,993 | -€19,352 | -36.3% |
| Financial debts | 43 | €155,822 | €166,902 | +€11,080 | +7.1% |
| Credit institutions | 430/8 | €155,822 | €166,902 | +€11,080 | +7.1% |
| Trade debts | 44 | €104,897 | €105,342 | +€445 | +0.4% |
| Suppliers | 440/4 | €104,897 | €105,342 | +€445 | +0.4% |
| Taxes, remuneration and social security | 45 | €10,663 | €35,107 | +€24,444 | +229% |
| Taxes | 450/3 | €6,675 | €21,774 | +€15,099 | +226% |
| Remuneration and social security | 454/9 | €3,988 | €13,333 | +€9,345 | +234% |
| Other amounts payable | 47/48 | - | €35,065 | +€35,065 | |
| Accrued charges and deferred income | 492/3 | €986 | - | -€986 | |
| Remuneration, social security and pensions | 62 | €81,117 | €105,514 | +€24,397 | +30.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,110 | €38,374 | -€737 | -1.9% |
| Other operating charges | 640/8 | €8,319 | €2,514 | -€5,806 | -69.8% |
| Gross operating margin | 9900 | €143,140 | €177,282 | +€34,142 | +23.9% |
| Operating profit (loss) | 9901 | €14,593 | €30,881 | +€16,288 | +112% |
| Financial income | 75/76B | €608 | €0 | -€608 | -100.0% |
| Recurring financial income | 75 | €608 | €0 | -€608 | -100.0% |
| Financial charges | 65/66B | €26,540 | €26,136 | -€404 | -1.5% |
| Recurring financial charges | 65 | €26,540 | €26,136 | -€404 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | -€11,339 | €4,745 | +€16,084 | |
| Income taxes | 67/77 | €1,003 | €3,476 | +€2,473 | +246% |
| Profit (loss) for the period | 9904 | -€12,342 | €1,269 | +€13,611 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,342 | €1,269 | +€13,611 |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.