DECLERCQ JUWELEN: 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.
DECLERCQ JUWELEN
Largest movements
- Stocks and contracts -€33,230
down €33,230 (-5.4%), from €619,619 to €586,389
- Cash -€19,820
down €19,820 (-25.2%), from €78,518 to €58,698
mainly Debts after one year (-€58,054) and Short-term financial debts (-€27,130)
- Debts after one year -€58,054
down €58,054 (-13.2%), from €440,475 to €382,420
- Profit (loss) carried forward +€53,620
up €53,620 (+20.8%), from -€258,038 to -€204,418
- Short-term financial debts -€27,130
down €27,130 (-36.1%), from €75,130 to €48,000
- Trade debts -€20,940
down €20,940 (-26.0%), from €80,650 to €59,710
- Gross operating margin -€120,316
down €120,316 (-55.7%), from €216,010 to €95,694
- Depreciation -€57,877
down €57,877 (-97.5%), from €59,333 to €1,456
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 | €703,629 | €649,352 | -€54,277 | -7.7% |
| Fixed assets | 21/28 | €4,762 | €3,306 | -€1,456 | -30.6% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €4,262 | €2,806 | -€1,456 | -34.2% |
| Plant, machinery and equipment | 23 | €676 | €0 | -€676 | -100% |
| Furniture and vehicles | 24 | €1,332 | €960 | -€372 | -27.9% |
| Other tangible fixed assets | 26 | €2,253 | €1,845 | -€408 | -18.1% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €698,868 | €646,047 | -€52,821 | -7.6% |
| Stocks and contracts in progress | 3 | €619,619 | €586,389 | -€33,230 | -5.4% |
| Stocks | 30/36 | €619,619 | €586,389 | -€33,230 | -5.4% |
| Amounts receivable within one year | 40/41 | €731 | €959 | +€228 | +31.3% |
| Trade receivables | 40 | - | €228 | +€228 | |
| Other amounts receivable | 41 | €731 | €731 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €78,518 | €58,698 | -€19,820 | -25.2% |
| Total equity and liabilities | 10/49 | €703,629 | €649,352 | -€54,277 | -7.7% |
| Equity | 10/15 | €90,302 | €143,921 | +€53,620 | +59.4% |
| Contributions | 10/11 | €330,987 | €330,987 | = | 0.0% |
| Reserves | 13 | €17,353 | €17,353 | = | 0.0% |
| Distributable reserves | 133 | €17,353 | €17,353 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€258,038 | -€204,418 | +€53,620 | +20.8% |
| Amounts payable | 17/49 | €613,328 | €505,431 | -€107,897 | -17.6% |
| Amounts payable after more than one year | 17 | €440,475 | €382,420 | -€58,054 | -13.2% |
| Other amounts payable | 178/9 | €440,475 | €382,420 | -€58,054 | -13.2% |
| Amounts payable within one year | 42/48 | €172,853 | €123,010 | -€49,842 | -28.8% |
| Financial debts | 43 | €75,130 | €48,000 | -€27,130 | -36.1% |
| Credit institutions | 430/8 | €75,130 | €48,000 | -€27,130 | -36.1% |
| Trade debts | 44 | €80,650 | €59,710 | -€20,940 | -26.0% |
| Suppliers | 440/4 | €80,650 | €59,710 | -€20,940 | -26.0% |
| Taxes, remuneration and social security | 45 | €17,073 | €15,300 | -€1,773 | -10.4% |
| Taxes | 450/3 | €13,234 | €10,267 | -€2,967 | -22.4% |
| Remuneration and social security | 454/9 | €3,839 | €5,033 | +€1,194 | +31.1% |
| Remuneration, social security and pensions | 62 | €28,601 | €29,593 | +€992 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,333 | €1,456 | -€57,877 | -97.5% |
| Other operating charges | 640/8 | €2,238 | €1,368 | -€869 | -38.8% |
| Gross operating margin | 9900 | €216,010 | €95,694 | -€120,316 | -55.7% |
| Operating profit (loss) | 9901 | €125,839 | €63,276 | -€62,563 | -49.7% |
| Financial income | 75/76B | €198 | €219 | +€22 | +10.9% |
| Recurring financial income | 75 | €198 | €219 | +€22 | +10.9% |
| Financial charges | 65/66B | €10,170 | €9,876 | -€295 | -2.9% |
| Recurring financial charges | 65 | €10,170 | €9,876 | -€295 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | €115,866 | €53,620 | -€62,246 | -53.7% |
| Profit (loss) for the period | 9904 | €115,866 | €53,620 | -€62,246 | -53.7% |
| Profit (loss) for the period to be appropriated | 9905 | €115,866 | €53,620 | -€62,246 | -53.7% |
Source: filed annual accounts (NBB), financial 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 October 2026 via checked.be.