DECROUBELE-DECLERCQ: 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.
DECROUBELE-DECLERCQ
Largest movements
- Cash +€34,751
up €34,751 (+72.4%), from €48,027 to €82,778
mainly Net result for the year (+€29,016) and Depreciation (+€19,701)
- Tangible fixed assets -€19,701
down €19,701 (-41.0%), from €48,103 to €28,403
of which Furniture and vehicles: -€17,543
- Stocks and contracts +€1,830
up €1,830 (+33.4%), from €5,472 to €7,302
- Reserves +€29,016
up €29,016 (+31.3%), from €92,761 to €121,777
- Debts after one year -€15,793
down €15,793 (-59.9%), from €26,369 to €10,576
of which Financial debts: -€15,503
- Tax, wage and social debts +€3,099
up €3,099 (+36.9%), from €8,410 to €11,509
of which Taxes: +€2,590
- Gross operating margin +€13,990
up €13,990 (+19.6%), from €71,378 to €85,367
- Taxes +€3,912
up €3,912 (+49.2%), from €7,945 to €11,857
- Financial charges -€2,096
down €2,096 (-63.9%), from €3,280 to €1,184
- Staff costs +€1,681
up €1,681 (+9.8%), from €17,097 to €18,778
- Depreciation -€1,016
down €1,016 (-4.9%), from €20,717 to €19,701
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 | €151,836 | €168,888 | +€17,052 | +11.2% |
| Fixed assets | 21/28 | €51,103 | €31,403 | -€19,701 | -38.6% |
| Tangible fixed assets | 22/27 | €48,103 | €28,403 | -€19,701 | -41.0% |
| Plant, machinery and equipment | 23 | €2,228 | €279 | -€1,949 | -87.5% |
| Furniture and vehicles | 24 | €44,457 | €26,915 | -€17,543 | -39.5% |
| Other tangible fixed assets | 26 | €1,419 | €1,210 | -€209 | -14.7% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €100,733 | €137,485 | +€36,753 | +36.5% |
| Amounts receivable after more than one year | 29 | €45,000 | €45,000 | = | 0.0% |
| Other amounts receivable | 291 | €45,000 | €45,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €5,472 | €7,302 | +€1,830 | +33.4% |
| Stocks | 30/36 | €5,472 | €7,302 | +€1,830 | +33.4% |
| Cash at bank and in hand | 54/58 | €48,027 | €82,778 | +€34,751 | +72.4% |
| Deferred charges and accrued income | 490/1 | €2,233 | €2,404 | +€171 | +7.7% |
| Total equity and liabilities | 10/49 | €151,836 | €168,888 | +€17,052 | +11.2% |
| Equity | 10/15 | €98,961 | €127,977 | +€29,016 | +29.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €92,761 | €121,777 | +€29,016 | +31.3% |
| Distributable reserves | 133 | €92,761 | €121,777 | +€29,016 | +31.3% |
| Amounts payable | 17/49 | €52,875 | €40,911 | -€11,964 | -22.6% |
| Amounts payable after more than one year | 17 | €26,369 | €10,576 | -€15,793 | -59.9% |
| Financial debts | 170/4 | €26,078 | €10,575 | -€15,503 | -59.5% |
| Other amounts payable | 178/9 | €292 | €2 | -€290 | -99.5% |
| Amounts payable within one year | 42/48 | €26,506 | €30,335 | +€3,829 | +14.4% |
| Current portion of amounts payable after more than one year | 42 | €15,083 | €15,503 | +€420 | +2.8% |
| Trade debts | 44 | €3,013 | €3,322 | +€310 | +10.3% |
| Suppliers | 440/4 | €3,013 | €3,322 | +€310 | +10.3% |
| Taxes, remuneration and social security | 45 | €8,410 | €11,509 | +€3,099 | +36.9% |
| Taxes | 450/3 | €5,162 | €7,752 | +€2,590 | +50.2% |
| Remuneration and social security | 454/9 | €3,248 | €3,757 | +€509 | +15.7% |
| Non-recurring operating income | 76A | €4,000 | - | -€4,000 | |
| Remuneration, social security and pensions | 62 | €17,097 | €18,778 | +€1,681 | +9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,717 | €19,701 | -€1,016 | -4.9% |
| Other operating charges | 640/8 | €5,042 | €6,024 | +€983 | +19.5% |
| Gross operating margin | 9900 | €71,378 | €85,367 | +€13,990 | +19.6% |
| Operating profit (loss) | 9901 | €28,522 | €40,864 | +€12,342 | +43.3% |
| Financial income | 75/76B | €1,193 | €1,193 | = | 0.0% |
| Recurring financial income | 75 | €1,193 | €1,193 | = | 0.0% |
| Financial charges | 65/66B | €3,280 | €1,184 | -€2,096 | -63.9% |
| Recurring financial charges | 65 | €3,280 | €1,184 | -€2,096 | -63.9% |
| Profit (loss) for the period before taxes | 9903 | €26,435 | €40,873 | +€14,438 | +54.6% |
| Income taxes | 67/77 | €7,945 | €11,857 | +€3,912 | +49.2% |
| Profit (loss) for the period | 9904 | €18,490 | €29,016 | +€10,526 | +56.9% |
| Profit (loss) for the period to be appropriated | 9905 | €18,490 | €29,016 | +€10,526 | +56.9% |
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 8 October 2026 via checked.be.