LECLERCQ 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.
LECLERCQ CONSTRUCT
Largest movements
- Receivables within one year +€15,856
up €15,856 (+195.1%), from €8,127 to €23,984
of which Trade receivables: +€13,289
- Tangible fixed assets -€11,868
down €11,868 (-39.9%), from €29,733 to €17,864
- Cash +€8,854
up €8,854 (+165.7%), from €5,344 to €14,198
mainly Trade debts (+€11,279) and Investment in fixed assets (net) (+€9,909)
- Stocks and contracts +€1,546
new in 2025: €1,546
- Trade debts +€11,279
up €11,279 (+8287.3%), from €136 to €11,415
- Debts after one year -€9,397
down €9,397 (-47.6%), from €19,728 to €10,331
- Tax, wage and social debts +€8,547
up €8,547 (+204.1%), from €4,187 to €12,734
- Advances received +€1,500
new in 2025: €1,500
- Current portion of long-term debt +€1,377
up €1,377 (+28.7%), from €4,797 to €6,174
- Financial charges +€9,557
up €9,557 (+3532.6%), from €271 to €9,828
of which Non-recurring financial charges: +€7,835
- Gross operating margin +€8,377
up €8,377 (+54.9%), from €15,262 to €23,639
- Taxes +€4,470
up €4,470 (+380.6%), from €1,175 to €5,645
- Write-downs +€4,276
new in 2025: €4,276
- Other operating charges +€969
up €969 (+266.3%), from €364 to €1,332
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 | €43,204 | €57,592 | +€14,388 | +33.3% |
| Fixed assets | 21/28 | €29,733 | €17,864 | -€11,868 | -39.9% |
| Tangible fixed assets | 22/27 | €29,733 | €17,864 | -€11,868 | -39.9% |
| Furniture and vehicles | 24 | €29,733 | €17,864 | -€11,868 | -39.9% |
| Current assets | 29/58 | €13,471 | €39,728 | +€26,256 | +194.9% |
| Stocks and contracts in progress | 3 | - | €1,546 | +€1,546 | |
| Stocks | 30/36 | - | €1,546 | +€1,546 | |
| Amounts receivable within one year | 40/41 | €8,127 | €23,984 | +€15,856 | +195.1% |
| Trade receivables | 40 | €8,127 | €21,416 | +€13,289 | +163.5% |
| Other amounts receivable | 41 | - | €2,568 | +€2,568 | |
| Cash at bank and in hand | 54/58 | €5,344 | €14,198 | +€8,854 | +165.7% |
| Total equity and liabilities | 10/49 | €43,204 | €57,592 | +€14,388 | +33.3% |
| Equity | 10/15 | €14,230 | €15,438 | +€1,208 | +8.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Outside capital | 11 | €2,500 | - | -€2,500 | |
| Other | 1109/19 | €2,500 | - | -€2,500 | |
| Reserves | 13 | €11,730 | €12,938 | +€1,208 | +10.3% |
| Distributable reserves | 133 | €11,730 | €12,938 | +€1,208 | +10.3% |
| Amounts payable | 17/49 | €28,974 | €42,154 | +€13,179 | +45.5% |
| Amounts payable after more than one year | 17 | €19,728 | €10,331 | -€9,397 | -47.6% |
| Financial debts | 170/4 | €19,728 | €10,331 | -€9,397 | -47.6% |
| Amounts payable within one year | 42/48 | €9,247 | €31,823 | +€22,576 | +244.2% |
| Current portion of amounts payable after more than one year | 42 | €4,797 | €6,174 | +€1,377 | +28.7% |
| Trade debts | 44 | €136 | €11,415 | +€11,279 | +8287.3% |
| Suppliers | 440/4 | €136 | €11,415 | +€11,279 | +8287.3% |
| Advances received on contracts in progress | 46 | - | €1,500 | +€1,500 | |
| Taxes, remuneration and social security | 45 | €4,187 | €12,734 | +€8,547 | +204.1% |
| Taxes | 450/3 | €4,187 | €12,734 | +€8,547 | +204.1% |
| Other amounts payable | 47/48 | €127 | - | -€127 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,793 | €1,959 | +€166 | +9.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,276 | +€4,276 | |
| Other operating charges | 640/8 | €364 | €1,332 | +€969 | +266.3% |
| Gross operating margin | 9900 | €15,262 | €23,639 | +€8,377 | +54.9% |
| Operating profit (loss) | 9901 | €13,105 | €16,071 | +€2,967 | +22.6% |
| Financial income | 75/76B | €70 | €610 | +€539 | +769.9% |
| Recurring financial income | 75 | €70 | €610 | +€539 | +769.9% |
| Financial charges | 65/66B | €271 | €9,828 | +€9,557 | +3532.6% |
| Recurring financial charges | 65 | €271 | €1,993 | +€1,723 | +636.7% |
| Non-recurring financial charges | 66B | - | €7,835 | +€7,835 | |
| Profit (loss) for the period before taxes | 9903 | €12,904 | €6,853 | -€6,051 | -46.9% |
| Income taxes | 67/77 | €1,175 | €5,645 | +€4,470 | +380.6% |
| Profit (loss) for the period | 9904 | €11,730 | €1,208 | -€10,521 | -89.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,730 | €1,208 | -€10,521 | -89.7% |
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.