DECLERC: what changed
Two fiscal 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.
What changed
DECLERC
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€112,317
2024 · -€27,773+€140,090
Equity
€1.5m
2024 · €1.4m+€112,317
Cash
€310,463
2024 · €303,588+€6,875
Balance sheet total
€10.8m
2024 · €7.2m+€3.6m
Largest movements
Assets
- Stocks and contracts +€2.5m
up €2.5m (+78.3%), from €3.2m to €5.6m
- Receivables within one year +€1.0m
up €1.0m (+48.1%), from €2.1m to €3.1m
of which Trade receivables: +€1.2m
Equity and liabilities
- Trade debts +€3.5m
up €3.5m (+119.5%), from €3.0m to €6.5m
- Debts after one year -€422,473
down €422,473 (-35.3%), from €1.2m to €774,605
of which Other amounts payable: -€257,735
- Other debts +€393,270
up €393,270 (+39.1%), from €1.0m to €1.4m
- Short-term financial debts -€150,000
down €150,000 (-100.0%), from €150,000 to €0
- Reserves +€112,317
up €112,317 (+8.5%), from €1.3m to €1.4m
of which Distributable reserves: +€109,325
Income statement
- Turnover +€11.7m
up €11.7m (+56.9%), from €20.5m to €32.2m
- Goods and materials +€10.9m
up €10.9m (+66.7%), from €16.3m to €27.2m
of which Purchases: +€12.8m
- Services and other goods +€415,850
up €415,850 (+17.7%), from €2.3m to €2.8m
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.
Result 2024
-€27,773
Turnover
+€11.7m
Other operating income
+€241,108
Goods and materials
-€10.9m
Services and other goods
-€415,850
Staff costs
-€269,307
Depreciation
-€49,209
Other operating charges
-€21,732
Other operating items
-€63,632
Financial income
-€18,357
Financial charges
-€31,835
Taxes
-€53,164
Result 2025
€112,317
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.
From operations
+€894,406
Investment
-€321,756
Financing
-€565,776
Cash 2024
€303,588
From operations (derived)
+€894,406
Net result for the year
+€112,317
Depreciation
+€246,010
Stocks and contracts
-€2.5m
Receivables within one year
-€1.0m
Trade debts
+€3.5m
Tax, wage and social debts
+€57,882
Advances received
+€44,628
Other debts
+€393,270
Investment (derived)
-€321,756
Investment in fixed assets (net)
-€321,756
Financing
-€565,776
Debts after one year
-€422,473
Current portion of long-term debt
+€6,698
Short-term financial debts
-€150,000
Cash 2025
€310,463
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,202,308 | €10,785,549 | +€3.6m | +49.8% |
| Formation expenses | 20 | €57,938 | €43,862 | -€14,076 | -24.3% |
| Fixed assets | 21/28 | €1,551,172 | €1,640,993 | +€89,821 | +5.8% |
| Intangible fixed assets | 21 | €29,453 | €18,843 | -€10,609 | -36.0% |
| Tangible fixed assets | 22/27 | €1,518,940 | €1,619,371 | +€100,430 | +6.6% |
| Plant, machinery and equipment | 23 | €235,626 | €319,127 | +€83,501 | +35.4% |
| Furniture and vehicles | 24 | €29,165 | €92,668 | +€63,504 | +217.7% |
| Other tangible fixed assets | 26 | €1,254,150 | €1,207,576 | -€46,574 | -3.7% |
| Financial fixed assets | 28 | €2,779 | €2,779 | = | 0.0% |
| Other financial fixed assets | 284/8 | €2,779 | €2,779 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €2,779 | €2,779 | = | 0.0% |
| Current assets | 29/58 | €5,593,199 | €9,100,693 | +€3.5m | +62.7% |
| Stocks and contracts in progress | 3 | €3,167,652 | €5,648,171 | +€2.5m | +78.3% |
| Stocks | 30/36 | €3,167,652 | €5,648,171 | +€2.5m | +78.3% |
| Goods purchased for resale | 34 | €3,167,652 | €5,648,171 | +€2.5m | +78.3% |
| Amounts receivable within one year | 40/41 | €2,121,958 | €3,142,060 | +€1.0m | +48.1% |
| Trade receivables | 40 | €1,818,951 | €2,974,462 | +€1.2m | +63.5% |
| Other amounts receivable | 41 | €303,007 | €167,598 | -€135,409 | -44.7% |
| Cash at bank and in hand | 54/58 | €303,588 | €310,463 | +€6,875 | +2.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €7,202,308 | €10,785,549 | +€3.6m | +49.8% |
| Equity | 10/15 | €1,386,260 | €1,498,578 | +€112,317 | +8.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €1,324,760 | €1,437,078 | +€112,317 | +8.5% |
| Non-distributable reserves | 130/1 | €3,157 | €6,150 | +€2,993 | +94.8% |
| Legal reserve | 130 | €3,157 | €6,150 | +€2,993 | +94.8% |
| Distributable reserves | 133 | €1,321,603 | €1,430,928 | +€109,325 | +8.3% |
| Amounts payable | 17/49 | €5,816,048 | €9,286,971 | +€3.5m | +59.7% |
| Amounts payable after more than one year | 17 | €1,197,078 | €774,605 | -€422,473 | -35.3% |
| Financial debts | 170/4 | €536,078 | €371,340 | -€164,738 | -30.7% |
| Credit institutions | 173 | €536,078 | €371,340 | -€164,738 | -30.7% |
| Other amounts payable | 178/9 | €661,000 | €403,265 | -€257,735 | -39.0% |
| Amounts payable within one year | 42/48 | €4,618,970 | €8,512,366 | +€3.9m | +84.3% |
| Current portion of amounts payable after more than one year | 42 | €151,306 | €158,004 | +€6,698 | +4.4% |
| Financial debts | 43 | €150,000 | €0 | -€150,000 | -100.0% |
| Credit institutions | 430/8 | €150,000 | €0 | -€150,000 | -100.0% |
| Trade debts | 44 | €2,962,227 | €6,503,145 | +€3.5m | +119.5% |
| Suppliers | 440/4 | €2,962,227 | €6,503,145 | +€3.5m | +119.5% |
| Advances received on contracts in progress | 46 | - | €44,628 | +€44,628 | |
| Taxes, remuneration and social security | 45 | €348,707 | €406,589 | +€57,882 | +16.6% |
| Taxes | 450/3 | €62,237 | €103,502 | +€41,265 | +66.3% |
| Remuneration and social security | 454/9 | €286,470 | €303,087 | +€16,617 | +5.8% |
| Other amounts payable | 47/48 | €1,006,730 | €1,400,000 | +€393,270 | +39.1% |
| Operating income | 70/76A | €21,098,190 | €33,022,705 | +€11.9m | +56.5% |
| Turnover | 70 | €20,516,764 | €32,200,171 | +€11.7m | +56.9% |
| Other operating income | 74 | €581,426 | €822,534 | +€241,108 | +41.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €21,041,306 | €32,722,374 | +€11.7m | +55.5% |
| Goods for resale, raw materials and consumables | 60 | €16,293,948 | €27,155,285 | +€10.9m | +66.7% |
| Purchases | 600/8 | €16,846,263 | €29,635,804 | +€12.8m | +75.9% |
| Change in stocks: decrease (increase) | 609 | -€552,315 | -€2,480,519 | -€1.9m | -349.1% |
| Services and other goods | 61 | €2,349,485 | €2,765,335 | +€415,850 | +17.7% |
| Remuneration, social security and pensions | 62 | €2,162,082 | €2,431,389 | +€269,307 | +12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €196,801 | €246,010 | +€49,209 | +25.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €38,438 | €60,171 | +€21,732 | +56.5% |
| Non-recurring operating charges | 66A | €552 | €64,184 | +€63,632 | +11534.9% |
| Operating profit (loss) | 9901 | €56,884 | €300,331 | +€243,447 | +428.0% |
| Financial income | 75/76B | €21,302 | €2,945 | -€18,357 | -86.2% |
| Recurring financial income | 75 | €21,302 | €2,945 | -€18,357 | -86.2% |
| Income from current assets | 751 | €5 | €1,024 | +€1,019 | +20299.2% |
| Other financial income | 752/9 | €21,297 | €1,921 | -€19,376 | -91.0% |
| Financial charges | 65/66B | €103,251 | €135,087 | +€31,835 | +30.8% |
| Recurring financial charges | 65 | €103,251 | €135,087 | +€31,835 | +30.8% |
| Debt charges | 650 | €97,958 | €129,604 | +€31,645 | +32.3% |
| Other financial charges | 652/9 | €5,293 | €5,483 | +€190 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | -€25,066 | €168,189 | +€193,255 | |
| Income taxes | 67/77 | €2,707 | €55,872 | +€53,164 | +1963.7% |
| Taxes | 670/3 | €2,707 | €55,872 | +€53,164 | +1963.7% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€27,773 | €112,317 | +€140,090 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,773 | €112,317 | +€140,090 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.