DECLERCQ JOZEF & C°: what changed
DECLERCQ JOZEF & C°
Largest movements
- Cash +€59,058
up €59,058 (+34.7%), from €170,043 to €229,102
mainly Net result for the year (+€34,582) and Receivables within one year (+€12,839)
- Receivables within one year -€12,839
down €12,839 (-11.8%), from €108,482 to €95,643
of which Trade receivables: -€13,620
- Tangible fixed assets -€9,412
down €9,412 (-8.1%), from €115,879 to €106,467
of which Land and buildings: -€4,823
- Stocks and contracts +€4,899
up €4,899 (+79.8%), from €6,139 to €11,038
of which Stocks: +€3,853
- Reserves +€27,273
up €27,273 (+14.1%), from €192,965 to €220,238
of which Distributable reserves: +€27,273
- Tax, wage and social debts +€10,619
up €10,619 (+517%), from €2,053 to €12,672
- Profit (loss) carried forward +€7,309
new in 2025: €7,309
- Trade debts -€5,603
down €5,603 (-49.5%), from €11,310 to €5,707
- Gross operating margin +€36,765
up €36,765 (+150%), from €24,491 to €61,256
- Taxes +€9,645
up €9,645 (+340%), from €2,837 to €12,482
- Financial charges +€976
up €976 (+92.9%), from €1,050 to €2,026
- Financial income +€717
up €717 (+302%), from €238 to €954
- Depreciation -€703
down €703 (-6.9%), from €10,115 to €9,412
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €402,108 | €443,882 | +€41,774 | +10.4% |
| Fixed assets | 21/28 | €115,879 | €106,467 | -€9,412 | -8.1% |
| Tangible fixed assets | 22/27 | €115,879 | €106,467 | -€9,412 | -8.1% |
| Land and buildings | 22 | €80,529 | €75,706 | -€4,823 | -6.0% |
| Furniture and vehicles | 24 | €299 | €0 | -€299 | -100% |
| Other tangible fixed assets | 26 | €35,052 | €30,761 | -€4,291 | -12.2% |
| Current assets | 29/58 | €286,229 | €337,415 | +€51,186 | +17.9% |
| Stocks and contracts in progress | 3 | €6,139 | €11,038 | +€4,899 | +79.8% |
| Stocks | 30/36 | €2,575 | €6,428 | +€3,853 | +150% |
| Contracts in progress | 37 | €3,564 | €4,610 | +€1,046 | +29.3% |
| Amounts receivable within one year | 40/41 | €108,482 | €95,643 | -€12,839 | -11.8% |
| Trade receivables | 40 | €107,296 | €93,676 | -€13,620 | -12.7% |
| Other amounts receivable | 41 | €1,186 | €1,967 | +€781 | +65.9% |
| Cash at bank and in hand | 54/58 | €170,043 | €229,102 | +€59,058 | +34.7% |
| Deferred charges and accrued income | 490/1 | €1,564 | €1,632 | +€68 | +4.4% |
| Total equity and liabilities | 10/49 | €402,108 | €443,882 | +€41,774 | +10.4% |
| Equity | 10/15 | €211,565 | €246,147 | +€34,582 | +16.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €192,965 | €220,238 | +€27,273 | +14.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €16,709 | €16,709 | = | 0.0% |
| Distributable reserves | 133 | €176,256 | €203,529 | +€27,273 | +15.5% |
| Profit (loss) carried forward | 14 | - | €7,309 | +€7,309 | |
| Amounts payable | 17/49 | €190,543 | €197,734 | +€7,192 | +3.8% |
| Amounts payable within one year | 42/48 | €189,878 | €196,392 | +€6,514 | +3.4% |
| Trade debts | 44 | €11,310 | €5,707 | -€5,603 | -49.5% |
| Suppliers | 440/4 | €11,310 | €5,707 | -€5,603 | -49.5% |
| Taxes, remuneration and social security | 45 | €2,053 | €12,672 | +€10,619 | +517% |
| Taxes | 450/3 | €2,053 | €12,672 | +€10,619 | +517% |
| Other amounts payable | 47/48 | €176,514 | €178,013 | +€1,498 | +0.8% |
| Accrued charges and deferred income | 492/3 | €665 | €1,342 | +€678 | +102% |
| Non-recurring operating income | 76A | €10,165 | €0 | -€10,165 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,115 | €9,412 | -€703 | -6.9% |
| Other operating charges | 640/8 | €3,660 | €3,708 | +€48 | +1.3% |
| Gross operating margin | 9900 | €24,491 | €61,256 | +€36,765 | +150% |
| Operating profit (loss) | 9901 | €10,716 | €48,136 | +€37,420 | +349% |
| Financial income | 75/76B | €238 | €954 | +€717 | +302% |
| Recurring financial income | 75 | €238 | €954 | +€717 | +302% |
| Financial charges | 65/66B | €1,050 | €2,026 | +€976 | +92.9% |
| Recurring financial charges | 65 | €1,050 | €2,026 | +€976 | +92.9% |
| Profit (loss) for the period before taxes | 9903 | €9,903 | €47,064 | +€37,161 | +375% |
| Income taxes | 67/77 | €2,837 | €12,482 | +€9,645 | +340% |
| Profit (loss) for the period | 9904 | €7,066 | €34,582 | +€27,516 | +389% |
| Profit (loss) for the period to be appropriated | 9905 | €7,066 | €34,582 | +€27,516 | +389% |
Next steps
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 6 November 2026 via checked.be.