Ets LECLERCQ: 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.
Ets LECLERCQ
Largest movements
- Receivables within one year -€10,238
down €10,238 (-28.7%), from €35,677 to €25,439
of which Trade receivables: -€12,168
- Stocks and contracts +€3,806
up €3,806 (+1.7%), from €218,979 to €222,785
- Trade debts -€85,895
down €85,895 (-46.9%), from €183,144 to €97,249
- Other debts +€58,342
up €58,342 (+190.1%), from €30,694 to €89,036
- Profit (loss) carried forward +€14,924
up €14,924 (+5.9%), from -€254,814 to -€239,891
- Debts after one year +€13,949
up €13,949 (+33.4%), from €41,732 to €55,681
of which Financial debts: +€13,949
- Tax, wage and social debts -€2,710
down €2,710 (-8.8%), from €30,789 to €28,079
of which Remuneration and social security: -€4,097
- Gross operating margin +€83,440
up €83,440, from -€49,724 to €33,715
- Staff costs -€5,503
down €5,503 (-39.0%), from €14,120 to €8,617
- Financial charges +€5,086
up €5,086 (+70.5%), from €7,219 to €12,305
- Financial income +€3,293
up €3,293 (+5706.4%), from €58 to €3,350
- Depreciation -€1,926
down €1,926 (-75.7%), from €2,543 to €617
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 | €257,077 | €251,457 | -€5,620 | -2.2% |
| Fixed assets | 21/28 | €1,945 | €1,328 | -€617 | -31.7% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €1,945 | €1,328 | -€617 | -31.7% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €644 | €488 | -€156 | -24.2% |
| Furniture and vehicles | 24 | €1,301 | €840 | -€461 | -35.4% |
| Current assets | 29/58 | €255,132 | €250,128 | -€5,003 | -2.0% |
| Stocks and contracts in progress | 3 | €218,979 | €222,785 | +€3,806 | +1.7% |
| Stocks | 30/36 | €218,979 | €222,785 | +€3,806 | +1.7% |
| Amounts receivable within one year | 40/41 | €35,677 | €25,439 | -€10,238 | -28.7% |
| Trade receivables | 40 | €35,677 | €23,509 | -€12,168 | -34.1% |
| Other amounts receivable | 41 | - | €1,930 | +€1,930 | |
| Cash at bank and in hand | 54/58 | €398 | €1,905 | +€1,507 | +378.9% |
| Deferred charges and accrued income | 490/1 | €78 | - | -€78 | |
| Total equity and liabilities | 10/49 | €257,077 | €251,457 | -€5,620 | -2.2% |
| Equity | 10/15 | -€65,842 | -€50,918 | +€14,924 | +22.7% |
| Contributions | 10/11 | €182,344 | €182,344 | = | 0.0% |
| Capital | 10 | €182,344 | €182,344 | = | 0.0% |
| Issued capital | 100 | €182,344 | €182,344 | = | 0.0% |
| Reserves | 13 | €6,629 | €6,629 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,629 | €6,629 | = | 0.0% |
| Legal reserve | 130 | €6,629 | €6,629 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€254,814 | -€239,891 | +€14,924 | +5.9% |
| Amounts payable | 17/49 | €322,918 | €302,375 | -€20,544 | -6.4% |
| Amounts payable after more than one year | 17 | €41,732 | €55,681 | +€13,949 | +33.4% |
| Financial debts | 170/4 | €1,732 | €15,681 | +€13,949 | +805.2% |
| Other amounts payable | 178/9 | €40,000 | €40,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €281,186 | €246,693 | -€34,493 | -12.3% |
| Current portion of amounts payable after more than one year | 42 | €12,189 | €9,750 | -€2,439 | -20.0% |
| Financial debts | 43 | €24,370 | €22,580 | -€1,791 | -7.3% |
| Credit institutions | 430/8 | €24,370 | €22,580 | -€1,791 | -7.3% |
| Trade debts | 44 | €183,144 | €97,249 | -€85,895 | -46.9% |
| Suppliers | 440/4 | €183,144 | €97,249 | -€85,895 | -46.9% |
| Taxes, remuneration and social security | 45 | €30,789 | €28,079 | -€2,710 | -8.8% |
| Taxes | 450/3 | €26,227 | €27,614 | +€1,387 | +5.3% |
| Remuneration and social security | 454/9 | €4,561 | €465 | -€4,097 | -89.8% |
| Other amounts payable | 47/48 | €30,694 | €89,036 | +€58,342 | +190.1% |
| Remuneration, social security and pensions | 62 | €14,120 | €8,617 | -€5,503 | -39.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,543 | €617 | -€1,926 | -75.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€789 | -€789 | |
| Other operating charges | 640/8 | €1,201 | €1,392 | +€191 | +15.9% |
| Gross operating margin | 9900 | -€49,724 | €33,715 | +€83,440 | |
| Operating profit (loss) | 9901 | -€67,588 | €23,878 | +€91,466 | |
| Financial income | 75/76B | €58 | €3,350 | +€3,293 | +5706.4% |
| Recurring financial income | 75 | €58 | €3,350 | +€3,293 | +5706.4% |
| Financial charges | 65/66B | €7,219 | €12,305 | +€5,086 | +70.5% |
| Recurring financial charges | 65 | €7,219 | €12,305 | +€5,086 | +70.5% |
| Profit (loss) for the period before taxes | 9903 | -€74,749 | €14,924 | +€89,672 | |
| Profit (loss) for the period | 9904 | -€74,749 | €14,924 | +€89,672 | |
| Profit (loss) for the period to be appropriated | 9905 | -€74,749 | €14,924 | +€89,672 |
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 4 October 2026 via checked.be.