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.
DECLERCK
Largest movements
- Cash +€29,021
up €29,021 (+2,231%), from €1,301 to €30,322
mainly Net result for the year (+€52,680) and Receivables within one year (+€14,604)
- Receivables within one year -€14,604
down €14,604 (-43.2%), from €33,800 to €19,196
of which Trade receivables: -€14,894
- Profit (loss) carried forward +€52,680
up €52,680 (+48.0%), from -€109,637 to -€56,958
- Other debts -€51,298
down €51,298 (-59.6%), from €86,082 to €34,784
- Current portion of long-term debt +€11,292
new in 2025: €11,292
- Tax, wage and social debts -€6,053
down €6,053 (-76.7%), from €7,890 to €1,836
- Accrued charges and deferred income +€4,251
new in 2025: €4,251
- Gross operating margin +€33,831
up €33,831 (+125%), from €27,150 to €60,980
- Financial charges +€4,670
up €4,670 (+9,975%), from €47 to €4,717
- Depreciation -€3,731
down €3,731 (-67.2%), from €5,553 to €1,822
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 | €42,732 | €56,589 | +€13,856 | +32.4% |
| Fixed assets | 21/28 | €3,805 | €3,658 | -€147 | -3.9% |
| Tangible fixed assets | 22/27 | €3,805 | €3,658 | -€147 | -3.9% |
| Land and buildings | 22 | - | €788 | +€788 | |
| Plant, machinery and equipment | 23 | €3,805 | €2,871 | -€935 | -24.6% |
| Current assets | 29/58 | €38,927 | €52,930 | +€14,003 | +36.0% |
| Stocks and contracts in progress | 3 | €3,826 | €3,413 | -€414 | -10.8% |
| Stocks | 30/36 | €3,826 | €3,413 | -€414 | -10.8% |
| Amounts receivable within one year | 40/41 | €33,800 | €19,196 | -€14,604 | -43.2% |
| Trade receivables | 40 | €33,753 | €18,859 | -€14,894 | -44.1% |
| Other amounts receivable | 41 | €47 | €337 | +€290 | +622% |
| Cash at bank and in hand | 54/58 | €1,301 | €30,322 | +€29,021 | +2,231% |
| Total equity and liabilities | 10/49 | €42,732 | €56,589 | +€13,856 | +32.4% |
| Equity | 10/15 | -€51,556 | €1,124 | +€52,680 | |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €51,876 | €51,876 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €46,876 | €46,876 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€109,637 | -€56,958 | +€52,680 | +48.0% |
| Amounts payable | 17/49 | €94,288 | €55,465 | -€38,823 | -41.2% |
| Amounts payable within one year | 42/48 | €94,288 | €51,214 | -€43,074 | -45.7% |
| Current portion of amounts payable after more than one year | 42 | - | €11,292 | +€11,292 | |
| Trade debts | 44 | €316 | €3,301 | +€2,985 | +943% |
| Suppliers | 440/4 | €316 | €3,301 | +€2,985 | +943% |
| Taxes, remuneration and social security | 45 | €7,890 | €1,836 | -€6,053 | -76.7% |
| Taxes | 450/3 | €7,890 | €1,836 | -€6,053 | -76.7% |
| Other amounts payable | 47/48 | €86,082 | €34,784 | -€51,298 | -59.6% |
| Accrued charges and deferred income | 492/3 | - | €4,251 | +€4,251 | |
| Non-recurring operating income | 76A | - | €4,000 | +€4,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,553 | €1,822 | -€3,731 | -67.2% |
| Other operating charges | 640/8 | €1,564 | €1,527 | -€37 | -2.4% |
| Non-recurring operating charges | 66A | €98 | €0 | -€98 | -100% |
| Gross operating margin | 9900 | €27,150 | €60,980 | +€33,831 | +125% |
| Operating profit (loss) | 9901 | €19,935 | €57,632 | +€37,696 | +189% |
| Financial income | 75/76B | - | €40 | +€40 | |
| Recurring financial income | 75 | - | €40 | +€40 | |
| Financial charges | 65/66B | €47 | €4,717 | +€4,670 | +9,975% |
| Recurring financial charges | 65 | €47 | €4,717 | +€4,670 | +9,975% |
| Profit (loss) for the period before taxes | 9903 | €19,888 | €52,954 | +€33,066 | +166% |
| Income taxes | 67/77 | €328 | €275 | -€54 | -16.4% |
| Profit (loss) for the period | 9904 | €19,560 | €52,680 | +€33,120 | +169% |
| Profit (loss) for the period to be appropriated | 9905 | €19,560 | €52,680 | +€33,120 | +169% |
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 14 October 2026 via checked.be.