JOHAN DEKLERCK: 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.
JOHAN DEKLERCK
Largest movements
- Tangible fixed assets -€29,915
down €29,915 (-27.0%), from €110,788 to €80,873
of which Furniture and vehicles: -€27,799
- Receivables within one year +€19,817
up €19,817 (+16.0%), from €123,910 to €143,727
of which Trade receivables: +€26,092
- Cash +€6,834
up €6,834 (+88.2%), from €7,752 to €14,586
mainly Trade debts (+€39,244) and Depreciation (+€29,915)
- Trade debts +€39,244
up €39,244 (+209%), from €18,734 to €57,978
- Other debts -€27,405
down €27,405 (-34.2%), from €80,030 to €52,625
- Debts after one year -€19,019
down €19,019 (-64.2%), from €29,634 to €10,615
- Reserves +€3,508
up €3,508 (+2.3%), from €149,508 to €153,015
- Gross operating margin -€7,569
down €7,569 (-15.7%), from €48,259 to €40,690
- Financial charges -€6,803
down €6,803 (-73.6%), from €9,246 to €2,444
- Write-downs -€5,479
new in 2025: -€5,479
- Other operating charges +€4,838
up €4,838 (+154%), from €3,136 to €7,974
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 | €302,906 | €299,066 | -€3,840 | -1.3% |
| Fixed assets | 21/28 | €110,788 | €80,873 | -€29,915 | -27.0% |
| Tangible fixed assets | 22/27 | €110,788 | €80,873 | -€29,915 | -27.0% |
| Land and buildings | 22 | €34,000 | €34,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €4,997 | €2,881 | -€2,116 | -42.3% |
| Furniture and vehicles | 24 | €71,791 | €43,992 | -€27,799 | -38.7% |
| Current assets | 29/58 | €192,118 | €218,193 | +€26,075 | +13.6% |
| Stocks and contracts in progress | 3 | €60,457 | €59,766 | -€691 | -1.1% |
| Stocks | 30/36 | €41,540 | €26,560 | -€14,980 | -36.1% |
| Contracts in progress | 37 | €18,917 | €33,206 | +€14,289 | +75.5% |
| Amounts receivable within one year | 40/41 | €123,910 | €143,727 | +€19,817 | +16.0% |
| Trade receivables | 40 | €109,758 | €135,850 | +€26,092 | +23.8% |
| Other amounts receivable | 41 | €14,152 | €7,877 | -€6,275 | -44.3% |
| Cash at bank and in hand | 54/58 | €7,752 | €14,586 | +€6,834 | +88.2% |
| Deferred charges and accrued income | 490/1 | €0 | €115 | +€115 | |
| Total equity and liabilities | 10/49 | €302,906 | €299,066 | -€3,840 | -1.3% |
| Equity | 10/15 | €154,097 | €157,604 | +€3,508 | +2.3% |
| Contributions | 10/11 | €4,589 | €4,589 | = | 0.0% |
| Reserves | 13 | €149,508 | €153,015 | +€3,508 | +2.3% |
| Distributable reserves | 133 | €149,508 | €153,015 | +€3,508 | +2.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €148,809 | €141,462 | -€7,347 | -4.9% |
| Amounts payable after more than one year | 17 | €29,634 | €10,615 | -€19,019 | -64.2% |
| Financial debts | 170/4 | €29,634 | €10,615 | -€19,019 | -64.2% |
| Amounts payable within one year | 42/48 | €119,175 | €130,846 | +€11,671 | +9.8% |
| Current portion of amounts payable after more than one year | 42 | €19,563 | €19,019 | -€544 | -2.8% |
| Trade debts | 44 | €18,734 | €57,978 | +€39,244 | +209% |
| Suppliers | 440/4 | €18,734 | €57,978 | +€39,244 | +209% |
| Taxes, remuneration and social security | 45 | €849 | €1,225 | +€376 | +44.3% |
| Taxes | 450/3 | €730 | €825 | +€94 | +12.9% |
| Remuneration and social security | 454/9 | €118 | €400 | +€282 | +238% |
| Other amounts payable | 47/48 | €80,030 | €52,625 | -€27,405 | -34.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,382 | €29,915 | -€467 | -1.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€5,479 | -€5,479 | |
| Other operating charges | 640/8 | €3,136 | €7,974 | +€4,838 | +154% |
| Non-recurring operating charges | 66A | €498 | €0 | -€498 | -100% |
| Gross operating margin | 9900 | €48,259 | €40,690 | -€7,569 | -15.7% |
| Operating profit (loss) | 9901 | €14,243 | €8,280 | -€5,963 | -41.9% |
| Financial income | 75/76B | €223 | €162 | -€61 | -27.4% |
| Recurring financial income | 75 | €223 | €162 | -€61 | -27.4% |
| Financial charges | 65/66B | €9,246 | €2,444 | -€6,803 | -73.6% |
| Recurring financial charges | 65 | €9,246 | €2,444 | -€6,803 | -73.6% |
| Profit (loss) for the period before taxes | 9903 | €5,219 | €5,998 | +€779 | +14.9% |
| Income taxes | 67/77 | €730 | €825 | +€94 | +12.9% |
| Profit (loss) for the period | 9904 | €4,489 | €5,174 | +€685 | +15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,489 | €5,174 | +€685 | +15.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.