FERME PIERRE DECLERCQ: 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.
FERME PIERRE DECLERCQ
Largest movements
- Receivables within one year +€50,154
up €50,154 (+240%), from €20,916 to €71,070
of which Trade receivables: +€54,585
- Stocks and contracts -€27,288
no longer reported in 2025 (was €27,288)
- Cash +€14,203
up €14,203 (+2.7%), from €527,712 to €541,915
mainly Net result for the year (+€42,535) and Stocks and contracts (+€27,288)
- Reserves +€42,535
up €42,535 (+8.6%), from €497,253 to €539,788
- Gross operating margin +€811
up €811 (+1.6%), from €52,324 to €53,135
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 | €845,431 | €882,774 | +€37,343 | +4.4% |
| Fixed assets | 21/28 | €7,137 | €7,137 | = | 0.0% |
| Financial fixed assets | 28 | €7,137 | €7,137 | = | 0.0% |
| Current assets | 29/58 | €838,294 | €875,638 | +€37,343 | +4.5% |
| Stocks and contracts in progress | 3 | €27,288 | - | -€27,288 | |
| Stocks | 30/36 | €27,288 | - | -€27,288 | |
| Amounts receivable within one year | 40/41 | €20,916 | €71,070 | +€50,154 | +240% |
| Trade receivables | 40 | €12,758 | €67,343 | +€54,585 | +428% |
| Other amounts receivable | 41 | €8,158 | €3,727 | -€4,431 | -54.3% |
| Current investments | 50/53 | €260,453 | €260,453 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €527,712 | €541,915 | +€14,203 | +2.7% |
| Deferred charges and accrued income | 490/1 | €1,926 | €2,200 | +€274 | +14.2% |
| Total equity and liabilities | 10/49 | €845,431 | €882,774 | +€37,343 | +4.4% |
| Equity | 10/15 | €698,047 | €740,581 | +€42,535 | +6.1% |
| Contributions | 10/11 | €200,794 | €200,794 | = | 0.0% |
| Contributions outside capital | 11 | €200,794 | €200,794 | = | 0.0% |
| Other | 1109/19 | €200,794 | €200,794 | = | 0.0% |
| Reserves | 13 | €497,253 | €539,788 | +€42,535 | +8.6% |
| Distributable reserves | 133 | €497,253 | €539,788 | +€42,535 | +8.6% |
| Provisions and deferred taxes | 16 | €18,750 | €18,750 | = | 0.0% |
| Deferred taxes | 168 | €18,750 | €18,750 | = | 0.0% |
| Amounts payable | 17/49 | €128,634 | €123,443 | -€5,192 | -4.0% |
| Amounts payable within one year | 42/48 | €106,634 | €98,763 | -€7,872 | -7.4% |
| Trade debts | 44 | €8,766 | €2,932 | -€5,834 | -66.5% |
| Suppliers | 440/4 | €8,766 | €2,932 | -€5,834 | -66.5% |
| Taxes, remuneration and social security | 45 | €36,303 | €39,430 | +€3,127 | +8.6% |
| Taxes | 450/3 | €36,303 | €39,430 | +€3,127 | +8.6% |
| Other amounts payable | 47/48 | €61,566 | €56,401 | -€5,165 | -8.4% |
| Accrued charges and deferred income | 492/3 | €22,000 | €24,680 | +€2,680 | +12.2% |
| Other operating charges | 640/8 | €1,095 | €657 | -€437 | -40.0% |
| Gross operating margin | 9900 | €52,324 | €53,135 | +€811 | +1.6% |
| Operating profit (loss) | 9901 | €51,229 | €52,478 | +€1,249 | +2.4% |
| Financial income | 75/76B | €11,300 | €11,437 | +€137 | +1.2% |
| Recurring financial income | 75 | €11,300 | €11,437 | +€137 | +1.2% |
| Financial charges | 65/66B | €294 | €229 | -€65 | -22.2% |
| Recurring financial charges | 65 | €294 | €229 | -€65 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | €62,235 | €63,686 | +€1,451 | +2.3% |
| Income taxes | 67/77 | €20,974 | €21,151 | +€178 | +0.8% |
| Profit (loss) for the period | 9904 | €41,261 | €42,535 | +€1,274 | +3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €41,261 | €42,535 | +€1,274 | +3.1% |
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 16 October 2026 via checked.be.