DEKLERCK DANIEL: 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.
DEKLERCK DANIEL
Largest movements
- Tangible fixed assets -€25,387
down €25,387 (-8.4%), from €303,699 to €278,313
of which Land and buildings: -€14,565
- Cash +€14,022
up €14,022 (+222%), from €6,327 to €20,349
mainly Trade debts (+€38,644) and Depreciation (+€27,980)
- Other debts -€39,030
down €39,030 (-51.4%), from €75,949 to €36,919
- Trade debts +€38,644
up €38,644 (+59.9%), from €64,509 to €103,154
- Debts after one year -€27,775
down €27,775 (-34.9%), from €79,645 to €51,870
- Reserves +€27,626
up €27,626 (+27.6%), from €100,202 to €127,828
- Current portion of long-term debt -€8,257
down €8,257 (-22.9%), from €36,032 to €27,775
- Gross operating margin +€29,762
up €29,762 (+25.9%), from €115,010 to €144,772
- Taxes +€9,166
up €9,166 (+158%), from €5,809 to €14,975
- Staff costs +€4,310
up €4,310 (+8.9%), from €48,412 to €52,722
- Financial charges -€2,194
down €2,194 (-13.6%), from €16,183 to €13,989
- Depreciation +€2,149
up €2,149 (+8.3%), from €25,831 to €27,980
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 | €555,337 | €549,410 | -€5,927 | -1.1% |
| Fixed assets | 21/28 | €303,874 | €278,488 | -€25,387 | -8.4% |
| Tangible fixed assets | 22/27 | €303,699 | €278,313 | -€25,387 | -8.4% |
| Land and buildings | 22 | €292,878 | €278,313 | -€14,565 | -5.0% |
| Leasing and similar rights | 25 | €10,821 | €0 | -€10,821 | -100% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €251,463 | €270,923 | +€19,459 | +7.7% |
| Stocks and contracts in progress | 3 | €62,074 | €64,619 | +€2,544 | +4.1% |
| Stocks | 30/36 | €62,074 | €64,619 | +€2,544 | +4.1% |
| Amounts receivable within one year | 40/41 | €181,519 | €182,535 | +€1,016 | +0.6% |
| Trade receivables | 40 | €177,269 | €182,535 | +€5,266 | +3.0% |
| Other amounts receivable | 41 | €4,250 | €0 | -€4,250 | -100% |
| Cash at bank and in hand | 54/58 | €6,327 | €20,349 | +€14,022 | +222% |
| Deferred charges and accrued income | 490/1 | €1,544 | €3,420 | +€1,876 | +122% |
| Total equity and liabilities | 10/49 | €555,337 | €549,410 | -€5,927 | -1.1% |
| Equity | 10/15 | €189,476 | €217,102 | +€27,626 | +14.6% |
| Contributions | 10/11 | €7,605 | €7,605 | = | 0.0% |
| Reserves | 13 | €100,202 | €127,828 | +€27,626 | +27.6% |
| Distributable reserves | 133 | €100,202 | €127,828 | +€27,626 | +27.6% |
| Profit (loss) carried forward | 14 | €81,668 | €81,668 | = | 0.0% |
| Amounts payable | 17/49 | €365,862 | €332,309 | -€33,553 | -9.2% |
| Amounts payable after more than one year | 17 | €79,645 | €51,870 | -€27,775 | -34.9% |
| Financial debts | 170/4 | €79,645 | €51,870 | -€27,775 | -34.9% |
| Amounts payable within one year | 42/48 | €286,217 | €278,487 | -€7,730 | -2.7% |
| Current portion of amounts payable after more than one year | 42 | €36,032 | €27,775 | -€8,257 | -22.9% |
| Financial debts | 43 | €97,610 | €91,263 | -€6,347 | -6.5% |
| Credit institutions | 430/8 | €82,610 | €76,263 | -€6,347 | -7.7% |
| Other loans | 439 | €15,000 | €15,000 | = | 0.0% |
| Trade debts | 44 | €64,509 | €103,154 | +€38,644 | +59.9% |
| Suppliers | 440/4 | €64,509 | €103,154 | +€38,644 | +59.9% |
| Taxes, remuneration and social security | 45 | €12,116 | €19,377 | +€7,261 | +59.9% |
| Taxes | 450/3 | €1,646 | €9,060 | +€7,414 | +451% |
| Remuneration and social security | 454/9 | €10,471 | €10,317 | -€154 | -1.5% |
| Other amounts payable | 47/48 | €75,949 | €36,919 | -€39,030 | -51.4% |
| Accrued charges and deferred income | 492/3 | - | €1,951 | +€1,951 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €48,412 | €52,722 | +€4,310 | +8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,831 | €27,980 | +€2,149 | +8.3% |
| Other operating charges | 640/8 | €7,869 | €7,678 | -€192 | -2.4% |
| Non-recurring operating charges | 66A | €65 | €0 | -€65 | -100% |
| Gross operating margin | 9900 | €115,010 | €144,772 | +€29,762 | +25.9% |
| Operating profit (loss) | 9901 | €32,831 | €56,392 | +€23,560 | +71.8% |
| Financial income | 75/76B | €194 | €199 | +€5 | +2.8% |
| Recurring financial income | 75 | €194 | €199 | +€5 | +2.8% |
| Financial charges | 65/66B | €16,183 | €13,989 | -€2,194 | -13.6% |
| Recurring financial charges | 65 | €16,183 | €13,989 | -€2,194 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | €16,842 | €42,601 | +€25,759 | +153% |
| Income taxes | 67/77 | €5,809 | €14,975 | +€9,166 | +158% |
| Profit (loss) for the period | 9904 | €11,033 | €27,626 | +€16,593 | +150% |
| Profit (loss) for the period to be appropriated | 9905 | €11,033 | €27,626 | +€16,593 | +150% |
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 13 October 2026 via checked.be.