Declercq Hans: 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.
Declercq Hans
Largest movements
- Current investments +€20,488
up €20,488 (+1459.6%), from €1,404 to €21,891
- Tangible fixed assets -€15,265
down €15,265 (-16.9%), from €90,309 to €75,043
of which Furniture and vehicles: -€18,514
- Receivables within one year -€4,772
down €4,772 (-29.9%), from €15,961 to €11,189
of which Trade receivables: -€7,713
- Cash -€1,865
down €1,865 (-5.8%), from €32,215 to €30,350
mainly Current investments (-€20,488) and Debts after one year (-€19,081)
- Reserves +€25,811
up €25,811 (+62.8%), from €41,068 to €66,879
- Debts after one year -€19,081
down €19,081 (-31.5%), from €60,589 to €41,507
- Tax, wage and social debts -€4,660
down €4,660 (-63.3%), from €7,359 to €2,700
of which Taxes: -€4,660
- Trade debts -€4,204
down €4,204 (-97.7%), from €4,305 to €101
- Depreciation +€8,204
up €8,204 (+63.8%), from €12,870 to €21,074
- Gross operating margin -€7,270
down €7,270 (-11.0%), from €66,374 to €59,104
- Taxes -€5,461
down €5,461 (-43.1%), from €12,670 to €7,208
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 | €139,888 | €138,473 | -€1,415 | -1.0% |
| Fixed assets | 21/28 | €90,309 | €75,043 | -€15,265 | -16.9% |
| Tangible fixed assets | 22/27 | €90,309 | €75,043 | -€15,265 | -16.9% |
| Land and buildings | 22 | €8,447 | €7,953 | -€495 | -5.9% |
| Plant, machinery and equipment | 23 | €1,038 | €4,781 | +€3,743 | +360.6% |
| Furniture and vehicles | 24 | €80,824 | €62,310 | -€18,514 | -22.9% |
| Current assets | 29/58 | €49,579 | €63,430 | +€13,851 | +27.9% |
| Amounts receivable within one year | 40/41 | €15,961 | €11,189 | -€4,772 | -29.9% |
| Trade receivables | 40 | €12,028 | €4,315 | -€7,713 | -64.1% |
| Other amounts receivable | 41 | €3,933 | €6,874 | +€2,941 | +74.8% |
| Current investments | 50/53 | €1,404 | €21,891 | +€20,488 | +1459.6% |
| Cash at bank and in hand | 54/58 | €32,215 | €30,350 | -€1,865 | -5.8% |
| Total equity and liabilities | 10/49 | €139,888 | €138,473 | -€1,415 | -1.0% |
| Equity | 10/15 | €46,068 | €71,879 | +€25,811 | +56.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €41,068 | €66,879 | +€25,811 | +62.8% |
| Distributable reserves | 133 | €41,068 | €66,879 | +€25,811 | +62.8% |
| Amounts payable | 17/49 | €93,820 | €66,594 | -€27,226 | -29.0% |
| Amounts payable after more than one year | 17 | €60,589 | €41,507 | -€19,081 | -31.5% |
| Financial debts | 170/4 | €60,589 | €41,507 | -€19,081 | -31.5% |
| Amounts payable within one year | 42/48 | €33,232 | €25,087 | -€8,145 | -24.5% |
| Current portion of amounts payable after more than one year | 42 | €18,499 | €19,081 | +€582 | +3.1% |
| Trade debts | 44 | €4,305 | €101 | -€4,204 | -97.7% |
| Suppliers | 440/4 | €4,305 | €101 | -€4,204 | -97.7% |
| Taxes, remuneration and social security | 45 | €7,359 | €2,700 | -€4,660 | -63.3% |
| Taxes | 450/3 | €5,259 | €600 | -€4,660 | -88.6% |
| Remuneration and social security | 454/9 | €2,100 | €2,100 | = | 0.0% |
| Other amounts payable | 47/48 | €3,068 | €3,205 | +€137 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,870 | €21,074 | +€8,204 | +63.8% |
| Other operating charges | 640/8 | €1,132 | €1,032 | -€99 | -8.8% |
| Non-recurring operating charges | 66A | €2,083 | - | -€2,083 | |
| Gross operating margin | 9900 | €66,374 | €59,104 | -€7,270 | -11.0% |
| Operating profit (loss) | 9901 | €50,290 | €36,998 | -€13,292 | -26.4% |
| Financial income | 75/76B | €0 | €538 | +€538 | +2688950.0% |
| Recurring financial income | 75 | €0 | €538 | +€538 | +2688950.0% |
| Financial charges | 65/66B | €3,754 | €3,683 | -€70 | -1.9% |
| Recurring financial charges | 65 | €3,754 | €3,683 | -€70 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | €46,536 | €33,852 | -€12,684 | -27.3% |
| Income taxes | 67/77 | €12,670 | €7,208 | -€5,461 | -43.1% |
| Profit (loss) for the period | 9904 | €33,867 | €26,644 | -€7,223 | -21.3% |
| Profit (loss) for the period to be appropriated | 9905 | €33,867 | €26,644 | -€7,223 | -21.3% |
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 2 October 2026 via checked.be.