GROUP DECLERCQ CONSTRUCT: 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.
GROUP DECLERCQ CONSTRUCT
Largest movements
- Tangible fixed assets -€66,854
down €66,854 (-4.6%), from €1.4m to €1.4m
- Receivables after one year +€45,409
up €45,409 (+4.3%), from €1.1m to €1.1m
- Debts after one year -€158,097
down €158,097 (-22.1%), from €714,440 to €556,343
of which Other amounts payable: -€118,920
- Reserves +€157,704
up €157,704 (+12.7%), from €1.2m to €1.4m
of which Tax-exempt reserves: +€105,250
- Other debts -€62,884
down €62,884 (-21.7%), from €290,358 to €227,474
- Gross operating margin -€51,654
down €51,654 (-15.1%), from €341,029 to €289,375
- Taxes -€7,231
down €7,231 (-12.4%), from €58,429 to €51,197
- Financial charges -€6,198
down €6,198 (-24.1%), from €25,689 to €19,491
- Depreciation +€3,834
up €3,834 (+6.1%), from €63,020 to €66,854
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 | €2,568,998 | €2,500,295 | -€68,704 | -2.7% |
| Fixed assets | 21/28 | €1,447,225 | €1,380,371 | -€66,854 | -4.6% |
| Tangible fixed assets | 22/27 | €1,447,225 | €1,380,371 | -€66,854 | -4.6% |
| Land and buildings | 22 | €1,447,225 | €1,380,371 | -€66,854 | -4.6% |
| Current assets | 29/58 | €1,121,774 | €1,119,924 | -€1,850 | -0.2% |
| Amounts receivable after more than one year | 29 | €1,051,276 | €1,096,685 | +€45,409 | +4.3% |
| Other amounts receivable | 291 | €1,051,276 | €1,096,685 | +€45,409 | +4.3% |
| Amounts receivable within one year | 40/41 | €40,412 | €15,043 | -€25,369 | -62.8% |
| Trade receivables | 40 | €40,412 | €14,788 | -€25,624 | -63.4% |
| Other amounts receivable | 41 | €0 | €255 | +€255 | |
| Cash at bank and in hand | 54/58 | €22,644 | €483 | -€22,161 | -97.9% |
| Deferred charges and accrued income | 490/1 | €7,441 | €7,713 | +€272 | +3.7% |
| Total equity and liabilities | 10/49 | €2,568,998 | €2,500,295 | -€68,704 | -2.7% |
| Equity | 10/15 | €1,358,490 | €1,516,195 | +€157,704 | +11.6% |
| Contributions | 10/11 | €114,663 | €114,663 | = | 0.0% |
| Reserves | 13 | €1,243,828 | €1,401,532 | +€157,704 | +12.7% |
| Tax-exempt reserves | 132 | - | €105,250 | +€105,250 | |
| Distributable reserves | 133 | €1,243,828 | €1,296,282 | +€52,454 | +4.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,210,508 | €984,100 | -€226,408 | -18.7% |
| Amounts payable after more than one year | 17 | €714,440 | €556,343 | -€158,097 | -22.1% |
| Financial debts | 170/4 | €276,868 | €237,691 | -€39,177 | -14.2% |
| Other amounts payable | 178/9 | €437,572 | €318,652 | -€118,920 | -27.2% |
| Amounts payable within one year | 42/48 | €496,068 | €424,151 | -€71,918 | -14.5% |
| Current portion of amounts payable after more than one year | 42 | €38,563 | €39,177 | +€614 | +1.6% |
| Financial debts | 43 | €6,431 | €2,253 | -€4,178 | -65.0% |
| Credit institutions | 430/8 | €6,431 | €2,253 | -€4,178 | -65.0% |
| Trade debts | 44 | €124,910 | €138,154 | +€13,245 | +10.6% |
| Suppliers | 440/4 | €124,910 | €138,154 | +€13,245 | +10.6% |
| Taxes, remuneration and social security | 45 | €35,807 | €17,092 | -€18,714 | -52.3% |
| Taxes | 450/3 | €35,807 | €17,092 | -€18,714 | -52.3% |
| Other amounts payable | 47/48 | €290,358 | €227,474 | -€62,884 | -21.7% |
| Accrued charges and deferred income | 492/3 | €0 | €3,606 | +€3,606 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,020 | €66,854 | +€3,834 | +6.1% |
| Other operating charges | 640/8 | €4,397 | €4,537 | +€140 | +3.2% |
| Gross operating margin | 9900 | €341,029 | €289,375 | -€51,654 | -15.1% |
| Operating profit (loss) | 9901 | €273,612 | €217,984 | -€55,627 | -20.3% |
| Financial income | 75/76B | €10,409 | €10,409 | = | 0.0% |
| Recurring financial income | 75 | €10,409 | €10,409 | = | 0.0% |
| Financial charges | 65/66B | €25,689 | €19,491 | -€6,198 | -24.1% |
| Recurring financial charges | 65 | €25,689 | €19,491 | -€6,198 | -24.1% |
| Profit (loss) for the period before taxes | 9903 | €258,331 | €208,902 | -€49,430 | -19.1% |
| Income taxes | 67/77 | €58,429 | €51,197 | -€7,231 | -12.4% |
| Profit (loss) for the period | 9904 | €199,903 | €157,704 | -€42,198 | -21.1% |
| Transfer to tax-exempt reserves | 689 | - | €105,250 | +€105,250 | |
| Profit (loss) for the period to be appropriated | 9905 | €199,903 | €52,454 | -€147,448 | -73.8% |
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.