DECLERCK: 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.
What changed
DECLERCK
NACE 47.521, Retail sale of hardware, building materials, paint and glass (general range)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€46,926
2024 · -€104,601+€57,675
Equity
€400,391
2024 · €447,317-€46,926
Cash
€2,071
2024 · €1,198+€873
Balance sheet total
€451,986
2024 · €473,382-€21,397
Largest movements
Assets
- Tangible fixed assets -€32,566
down €32,566 (-9.0%), from €363,530 to €330,964
- Stocks and contracts +€12,144
up €12,144 (+38.3%), from €31,735 to €43,879
Equity and liabilities
- Profit (loss) carried forward -€46,926
down €46,926 (-10.7%), from €437,531 to €390,605
- Other debts +€38,043
new in 2025: €38,043
- Current portion of long-term debt -€8,457
down €8,457 (-50.2%), from €16,850 to €8,393
- Debts after one year -€8,116
no longer reported in 2025 (was €8,116)
Income statement
- Gross operating margin +€52,213
up €52,213, from -€50,161 to €2,052
- Depreciation -€4,941
down €4,941 (-10.5%), from €47,258 to €42,316
- Other operating charges -€582
down €582 (-5.8%), from €10,083 to €9,501
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
-€104,601
Gross operating margin
+€52,213
Depreciation
+€4,941
Other operating charges
+€582
Financial income
-€9
Financial charges
+€230
Taxes
-€283
Result 2025
-€46,926
raises the resultlowers the result
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.
From operations
+€27,197
Investment
-€9,750
Financing
-€16,574
Cash 2024
€1,198
From operations (derived)
+€27,197
Net result for the year
-€46,926
Depreciation
+€42,316
Stocks and contracts
-€12,144
Receivables within one year
+€1,847
Trade debts
+€3,775
Tax, wage and social debts
+€285
Other debts
+€38,043
Investment (derived)
-€9,750
Investment in fixed assets (net)
-€9,750
Financing
-€16,574
Debts after one year
-€8,116
Current portion of long-term debt
-€8,457
Cash 2025
€2,071
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €473,382 | €451,986 | -€21,397 | -4.5% |
| Fixed assets | 21/28 | €378,315 | €345,749 | -€32,566 | -8.6% |
| Tangible fixed assets | 22/27 | €363,530 | €330,964 | -€32,566 | -9.0% |
| Land and buildings | 22 | €311,746 | €299,300 | -€12,446 | -4.0% |
| Plant, machinery and equipment | 23 | €23,128 | €16,246 | -€6,882 | -29.8% |
| Furniture and vehicles | 24 | €28,655 | €15,417 | -€13,238 | -46.2% |
| Financial fixed assets | 28 | €14,785 | €14,785 | = | 0.0% |
| Current assets | 29/58 | €95,068 | €106,237 | +€11,169 | +11.7% |
| Amounts receivable after more than one year | 29 | €29,000 | €29,000 | = | 0.0% |
| Trade receivables | 290 | €29,000 | €29,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €31,735 | €43,879 | +€12,144 | +38.3% |
| Stocks | 30/36 | €31,735 | €43,879 | +€12,144 | +38.3% |
| Amounts receivable within one year | 40/41 | €33,134 | €31,287 | -€1,847 | -5.6% |
| Trade receivables | 40 | €12,727 | €12,547 | -€180 | -1.4% |
| Other amounts receivable | 41 | €20,407 | €18,740 | -€1,667 | -8.2% |
| Cash at bank and in hand | 54/58 | €1,198 | €2,071 | +€873 | +72.9% |
| Total equity and liabilities | 10/49 | €473,382 | €451,986 | -€21,397 | -4.5% |
| Equity | 10/15 | €447,317 | €400,391 | -€46,926 | -10.5% |
| Reserves | 13 | €9,786 | €9,786 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €7,926 | €7,926 | = | 0.0% |
| Profit (loss) carried forward | 14 | €437,531 | €390,605 | -€46,926 | -10.7% |
| Amounts payable | 17/49 | €26,065 | €51,595 | +€25,530 | +97.9% |
| Amounts payable after more than one year | 17 | €8,116 | - | -€8,116 | |
| Financial debts | 170/4 | €8,116 | - | -€8,116 | |
| Amounts payable within one year | 42/48 | €17,949 | €51,595 | +€33,646 | +187% |
| Current portion of amounts payable after more than one year | 42 | €16,850 | €8,393 | -€8,457 | -50.2% |
| Trade debts | 44 | €663 | €4,439 | +€3,775 | +569% |
| Suppliers | 440/4 | €663 | €4,439 | +€3,775 | +569% |
| Taxes, remuneration and social security | 45 | €435 | €720 | +€285 | +65.5% |
| Taxes | 450/3 | €435 | €720 | +€285 | +65.5% |
| Other amounts payable | 47/48 | - | €38,043 | +€38,043 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,258 | €42,316 | -€4,941 | -10.5% |
| Other operating charges | 640/8 | €10,083 | €9,501 | -€582 | -5.8% |
| Gross operating margin | 9900 | -€50,161 | €2,052 | +€52,213 | |
| Operating profit (loss) | 9901 | -€107,502 | -€49,765 | +€57,737 | +53.7% |
| Financial income | 75/76B | €3,594 | €3,585 | -€9 | -0.2% |
| Recurring financial income | 75 | €3,594 | €3,585 | -€9 | -0.2% |
| Financial charges | 65/66B | €692 | €462 | -€230 | -33.3% |
| Recurring financial charges | 65 | €692 | €462 | -€230 | -33.3% |
| Profit (loss) for the period before taxes | 9903 | -€104,599 | -€46,642 | +€57,958 | +55.4% |
| Income taxes | 67/77 | €2 | €285 | +€283 | +17,375% |
| Profit (loss) for the period | 9904 | -€104,601 | -€46,926 | +€57,675 | +55.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€104,601 | -€46,926 | +€57,675 | +55.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.